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Portland Savings Bank Fails to Open PORTLAND (Ore.), Dec. 19.The Hibernia Commercial & Savings Bank of Portland failed to open its doors for business today. The directors turned affairs of the institution over to the State Superintendent of Banks, after a long meeting. The last bank call on September 29, showed the bank had $6,529,896 in deposits; $3,095,557 in loans and discounts. capital of $500,000 and surplus of $100,000.
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charge at 3:45 Monday, after his automobile had struck and broken ornamental light pole Broadway and Hoyt street. His ball was Wever told Patrolmen Shoemaker and Holland he fell asleep while driving from his home to restaurant. had odor liquor on his was not drunk, the policemen said. Dr. Bowman to Speak-Dr. Harold Leonard Bowman, pastor of First Presbyterian will speak "Stuck in Tuesday noon the Rotary club the Benson hotel. Special music be presented by Leon Handzlik. Bob Bowman will chair- Hospitals Get Two-Nils G. Teren. 795 Park avenue, whose leg brokwhen fell Sunday while skiing at Mount Rainier, being treated Vincents hospital. Teren sonin-law of Fred Leadbetter Catlow, 75, of 314 East 48th street, was Good Samaritan hospital for hip fracture, received when fell home. Judge George Is M George, street, who has been confined his home long period by illness, reported showing some improvement. Judge George's illness has covered period of about three years. Woman Swallows Poison-A suicide attempt was reported to police early Sunday by physicians Vincents hospital, treated Mrs. Lillian Nolen, 195 Vista avenue, apartment 101, for poisoning, Hurt in Fall on Stairs-Mrs. Stella Sonnenshein, 2314 Multnomah street, fell down the stairway her home early Sunday and sufleft according report from St. Vincents hospital. Hurt While Cranking James Hawtreatment fractured right early Sunday hurt while cranking an automobile. Bristol M. Bristol, author the book and formember of the bond firm mer Smith. Camp Riley, will speak the Junior Chamber of Commerce luncheon Tuesday noon in the Congress hotel. Brooklyn Club to Elect-Brooklyn Community will meet at Brooklyn school auditoriTuesday, to elect officers. The program for new year will be outlined, announces James Ruddiman, president. Bankrupt Sale-The Preer Tool 74 A genin the house half regoes must be Shipment Brogues, waterproof, arrived England, pair. BritBoot Shop, 107 West Park, in the Pittock Hurt in William Siebert, route box 970, received back Monday fell according to St. Vincents home, hospital. Hurt Fight-Arnold Johnson, 307 22d street, who said he had North been in fight with two who robbed him 19th and Savier streets, was treated for head Sunday night at emergency hospital bank, its depositors waived 80 per cent. their deposits until such time the bank's earnings could pay them back. To the extent of 30 per cent. of their deposits they become stockholders which stock they will now company, retain. The Hibernia Securities company has which its were out the old institution taken the the and the new bank opened with clean asMacNaughton explained that business taken over by the First National the business of the reorganized Hibernia On December 18, the old bernia Commercial & Savings bank. which had operated for some 40 years without mishap, was forced to its because the depression. John Daly, obtained loan from the Reconstruc Finance and on May 1932, the bank was reorganized reopened under the Hiberbank. Daly remained chairman of the board of directors. DEPOSITS OVER $2,000,000 In the Hibernia statement last September 30, deposits listed and loans and discounts D. Fuller president of the Hirnia, said MacNaughton's statement transaction and that he add. Hickok and cashier the Lansing Stout Sewall vice presidents and Fred Weber assistant cashier Other ficers were trust officer; Waldemar manager of the foreign and James BarHartman, Clayton R. Jones, W. Jones. Kavanaugh, Milton Horace Drake O'Reilly Edward SchulmerMr. Sewall. Stout, Mr. Daly, Huller and Mr. Hickok on the board of directors