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BANK CLOSED WHEN DIRECTOR'S SUICIDE CAUSES HEAVY RUN Examiner Takes Charge of Rutland. Vt.. Bank as Depositors Gather. BLAME HEAVY LOANS The Associated Press.) Rutland Trust Company was hands the State bank day after run precipitated by suicide William Thrall, old Thrall. secretary of the board and an of the himself Within few hours, depositors, laborers, farmers and small chants. thronged before the doors and the bank closed. State Bank Robert Clark Montpelier night that he could not say whether the bank would reopen. The bank had made large loans to the Buck Lumber which went bankrupt several months ago, during recent weeks large withdrawals been made. few days ago an announcement revealed reorganization of the company's Second Bank to Close Doors. Thrall had been chairman the Rutland Board of Selectmen 30 years had served two terms in Legislature, His widow, daughter, Mrs. Thomas Ross, and William, survive. leading citizen for years. was the second Rutland county bank close in the past several weeks. The Poultney National Bank closed last month by order national bank examiners and has not yet reopened.
