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July 17 (AP) prominent business man director of West Rutland Trust company shot and killed himself his home in West Rutland today run was reported to have started the bank shortly after news Thrall's death became known. Official = would closed hour earlier
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Run on Bank Results From Suicide of Director
RUTLAND, VT., July director of the West Rutland Trust company today run on the bank until were closed was placed charge of the state bank examiner. William Thrall, elderly secretary and member the board, had been dead his own hand only few hours the state bank examiner, Robert Clark of Montpelier. nounced tonight from behind the barred doors of the he could not yet say whether the bank would reopen.
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BANKER KILLS SELF; RUN CLOSES BANK of the shot with which William A. Thrall. 75-year-old director of the West Rutland Trust company killed himself Thursday flew down the streets from man to man and started run which ended only when the bank closed its doors and was placed in charge of the state bank examiner
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RUN CLOSES VERMONT BANK AFTER DIRECTOR ENDS LIFE
Examiner Takes Charge of West Rutland Trust Co. Following Heavy Withdrawals. RUTLAND, Press. July 18.-Following the suicide of William A. Thrall yesterday, a run was started on the West Rutland Trust Co., of which he was secretary and director, which ended only when the bank closed Its doors and was placed in charge of the State Bank Examiner. The examiner. Robert C. Clark of Montpelier, announced he could not yet say whether the bank would reopen. The West Rutland Trust Co. is a working people's bank, where laborers, small farmers and small merchants deposit their earnings. The company made large loans to the Buck Lumber Co. of this city, which went into bankrutpey several months ago.
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West Rutland, Vt., Trust Company Shuts Doors After Heavy Run
Rutland, Vermont, July the shot director West Trust company killed himself today blew down the streets from man started which ended only doors and was charge the state bank William A. Thrall, elderly secretary member board, had dead by his hand hours State Bank Robert Clark, Montpelier, he the bank West where laborers, small farmers small merchnts deposit their meager earnings. Since depression has as big company had been and frequent. The also made large Buck city, which went bankrupt several During recent weeks several The 25 years old $1,233,279, with of $916,163.
AUTHOR DIES
Greenwich, Conn., 17. Henry home heart He was native of New York city.
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, July Echoes of the shot with which 75year-old director of the West Rutland Trust company killed himself. started run which ended only when the bank closed today and was placed in charge of the state bank examiner. William Thrall. elderly secretary and member the board had been dead only hours when State Bank Examiner Robert C. Clark of Montpelier announced tonight that he could not yet say whether the bank would reopen The West Rutland institution is working people's bank. where laborers, small farmers and small merchants deposit their meagre earnings. Since the first of the year depression in business has touched them and deposits, company officials indicated, had smaller and less frequent. The company also had made large loans to the Buck Lumber company of this city. which went bankrupt several months ago.
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Suicide Causes Run on Bank as Director Dies
Vt. with which 75-year-old director the West Rutland Trust company killed himself Thursday flew down from man man ended when closed its doors was placed charge of the state examiner William Thrall, elderly secretary and member of the board had been dead by own hand only few hours when the state Robert Clark Monpelier, nounced Thursday night could not yet say whether the bank would reopen The West Rutland institution people's small and small merchants deposit their earnings
New telephone service proposed
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RUTLAND, Vt., July 17 (P).-William A. Thrall, 75, prominent businessman and director of the West Rutland Trust company, shot and killed himself in his home in West Rutland today. A run was reported to have started on the bank shortly after news of Mr. Thrall's death became known. Officials of the institution announced would be closed at 2 o'clock or an hour earlier than usual.
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SUICIDE OF DIRECTOR STARTS RUN ON BANK
-Echoes of the shot with which a 75-year-old director of the West Rutland Trust company killed himself today flew down the streets and started a run which ended only when the bank closed its doors and was placed in charge of the state bank examiner. William A. Thrall elderly secretary and member of the board, had been dead by his own hand only few hours when the state bank examiner, Robert Clark of Montpelier, announced tonight from behind the barred doors of the trust company he could not yet say whether the bank would reopen. The West Rutland institution is working people's bank. where laborers, small farmers and small merchants deposit their earnings.
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ECHOES OF FATAL SHOT START RUN ON BANK
RUTLAND, Vt., July 17.-Echoes of the shot with which 75-year-old director of the West Rutland Trust Company killed himself today flew down the streets from man to man and run which ended only when the bank closed its doors and was placed in charge of the state bank examiner. William A. Thrall. elderly secretary and member of the board. had been dead by his own hands only hours when the state bank examiner, Robert Clark of Montpelier, announced tonight from behind the barred doors of the trust company he could not yet say whether the bank would reopen.
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Run on Bank Begins Soon After Suicide
Rutland, Vermont, July 17. (AP)Echoes of the shot with which a 75year-old director of the West Rufland Trust company killed himself today flew down the streets "from man to man and started a run which ended only when the bank closed its doors
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Institution Forced to Close Doors After 75-Year-Old Director Shoots Himself the shot with 75-year-old director the West Rutland Trust company killed himself today flew down the streets man man and started "run" ended only when the bank closed its doors and was placed in charge the state examiner William Thrall. elderly tary and member of the beard had been dead hand only few hours when the state bank exRobert C. Clark of Montaminer. announced tonight from behind the barred doors company could not yet say wheththe bank would The West Rutland institution is people's where labor. ers. small farmers and small merchants their earnings. Since the first the depression in business has touched them as well as big business deposits. company indicated. smaller and less frequent.
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Vermont Bank Placed In The Hands Ot State Examiner As Result Of Day's Run
Echoes of the shot with director of the land Trust company killed himself started run which ended only the bank closed doors and placed in charge of state bank The West Rutland working peoples where laborers, small farmers and deposit their meagre Since the first of the in business has touched as well as big business and company had been smaller The made large loans to the Lumber of this city, which eral months recent weeks there had been several large and only days ago brief revealed reof the company's officers Carroll B. Ross of Rutland succeeded to the presidency and Fred signed the of His place was taken temporarily by B. The is 25 assets on June were
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Suicide of Director Causes Run on Bank
Echoes of the shot with which a 75director the West Rutland Trust company killed himself today flew down the streets from man to man and started run which ended only when the bank closed its doors and was placed in charge of the state bank examiner. William A. Thrall, elderly secretary and member of the board had been dead by his own hand only few hours when the state bank examiner, Robert C. Clark of Montpelier, announced tonight he could not yet say whether the bank would reopen. The West Rutland institution is a working people's bank, where laborers, small farmers and small merchants deposit their earnings.
One Is $10,000 Auto Action; Are Brought by Bank Receivers.
Suits asking damages totaling $23,700 were filed in Rutland County court yesterday. Seven of the cases are attempts to collect funds, due the West Rutland Trust company the Bank. The these cases in one filed Bertha of asking damage injuries the result accident. James for the National Bank of Poultney has six suits through his counsel, Lawrence, Stafford O'Brien. Ernest Foley Fair Haven made defend$600 suit for recovery be due the bank. Orr of Poultney defendant another suit arising from note. $6000 are asked of him. Farrell in another the cases suing Matthew Foley Fair Haven for $2000 note. M. Lynch of Poultney defendant another of the suits arising from $1300 note due the bank, Alton Ward Poultney is being sued Farrell $600 note and Sarah Owens made defendant $500 case, also arising from note. Company Sued. Helen Cendrowski West Rutland, Squires, filed suit against the pany of Newark, asking $1200 Her based $1000 life insurance policy held late husband, Stanley Cendrowski, and payable her his death. Gray Knapp, receiver the West Rutland Trust company, has filed petition for $1500 mortgage making Murphy defendant. This heard the Court of Chancery Rutland county. Sargent Chase of Ludlow represent plaintiff. Courtney Flanders, Minnie Jones Rutland Walter Hanson Springfield, Mass., made defendants the $10,000 filed by Bertha Kenworthy of Ludfirm Stafford O'Brien. The plaintiff claims that she painful and injuries George Kenworthy in which was riding struck Clarendon owned Minnie Jones driven by Flanders. According plaint of the plaintiff, Flanders passHanson's car when the latter slowed up. As Flanders passHanson, the car driving tiff riding, Mrs. Kenworthy leges.
The majority of political leaders in Oklahoma failed to turn out in honor of Senator Huey P. Long of Louisiana, administration critic, when he spoke in Oklahoma City, but Mayor Frank Martin, left, welcomed the Kingfish, terming it his "official duty".
ing service; $5,527.76, hotel and travel; $18,546.76, inspection and field control; $13,460.76, other expenses; total expenses, $105,687.43.
Carpenter petitioned Knapp's removal and himself appointed in his place without pay, "as provided in Section 6751 of the Public Laws of Vermont."
Knapp was appointed receiver for the West Rutland Trust Company by the late Chancellor Fred G. Bicknell. He is a graduate of Dartmouth College.
Carpenter, commissioner of banking and insurance, has started proceedings to oust Gray Knapp, receiver of the West Rutland Trust company, shown above. Knapp, according to a petition filed with the Rutland County Court of Chancery, spent $105,000 during his five years as the bank's receiver.
A few minutes before a hearing was to begin on petition for his removal, Gray Knapp, of Middletown Springs, resigned Monday as receiver of the West Rutland Trust Co. and George B. Carpenter, of Rutland, State Commissioner of Banking and Insurance, was appointed receiver by Chancellor Allen R. Sturtevant, of Middlebury. Knapp had held the post since August 22, 1930. With his resignation he filed a detailed report of his transactions with the bank, which was approved by Carpenter. The statement showed that during Knapp's administration there had been a shrinkage of about $250,000 on an inventory of $1,036,000, through operating expenses, items charged off and accounts uncollected. There remains about $300,000 to be liquidated.