American National Bank (Fort Smith, AR)

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The suspension March 25 of the American National Bank of Fort Smith, Ark., was announced vesterday by the Comptroller of the Currency in a statement which said the failure "was precipitated by a defalcation of about $25,000 or more, in which certain officers of the bank are reported to be implicated." "Other causes of the failure," says the statement, "were large loans to officers and directors, and an accumulation of a large amount of nonliquid and doubtful loans. The bank has been under observation and on the special list for some months past. "The capital anr surplus of the bank are $250,000 and the deposits, as last reported, December 31, were $535,000."

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Arkansas Bank Suspends

The Comptroller of the Currency announced yesterday the suspension of the American National Bank of Fort Smith, Ark. Capital and surplus, $50,000; deposits, at time of December 31 call, $535,000.

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ARKANSAS BANK CLOSED

Shortage In Funds Attributed to Officers' Delinquency. Washington, March 29.-The suspension March 25 of the American National Bank, of Fort Smith, Ark., was announced yesterday by the Con ptroller of the Currency in a statement which said the failure "was prec pitated by a defalcation of about $25,000 or more, In which certain officers of the bank are reported to be implicated." "Other causes of the failure." says the statement. "were large loans to officers and directors, and an accumulation of a large amount of nonliquid and doubtful loans. The bank has been under observation and on the spocial list for some months past. "The capital and surplus of the bank are $50,000 and the deposits, as last reported, December 31, were $635,000."

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Petitions were filed in the federal court by J. M. Logan of St. Louis, as receiver for the defunct American National Bank of Fort Smith, asking the court to grant an order allowing the search of four lock boxes in the bank vaults. The petition alleges two of the boxes contain property of P. A. Ball, former cashier of the bank, and that the others contain property of Andrew S. Dowd, former assistant cashier.

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Petitions were filed in the federal court by J. M. Logan of St. Louis, as receiver for the defunct American National Bank of Fort Smith, asking the court to grant an order allowing the search of four lock boxes in the bank vaults. The petition alleges two OI the boxes contain property of P. A. Ball, former cashier of the bank, and that the others contain property of Andrew S. Dowd, former assistant cashier.

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Petitions were filed in the federal court by J. M. Logan of St. Louis, as receiver for the defunct American National Bank of Fort Smith, asking the court to grant an order allowing the search of four lock boxes in the bank vaults. The petition alleges two of the boxes contain property of P. A. Ball, former cashier of the bank, and that the others contain property of Andrew S. Dowd, former assistant cashier.

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Petitions were filed in the federal court by J. M. Logan of St. Louis, as receiver for the defunct American National Bank of Fort Smith, asking the court to grant an order allowing the search of four lock boxes in the bank vaults. The petition alleges two 01 the boxes contain property of P. A. Ball, former cashier of the bank, and that the others contain property of Andrew S. Dowd, former assistant cashier.

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Petitions were filed in the federal court by J. M. Logan of St. Louis, as receiver for the defunct American National Bank of Fort Smith. asking the court to grant an order allowing the search of four lock boxes in the bank vaults. The petition alleges two 01 the boxes contain property of P. A. Ball, former cashier of the bank, and that the others contain property of Andrew S. Dowd. former assistant cashier.

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Petitions were filed in the federal court by J. M. Logan of St. Louis, as receiver for the defunct American National Bank of Fort Smith, asking the court to grant an order allowing the search of four lock boxes in the bank vaults. The petition alleges two of the boxes contain property of P. A. Ball, former cashier of the bank, and that the others contain property of Andrew S. Dowd, former assistant cashier.

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GUILTY PLEA BY 2 BANK OFFICIALS Ball and Dowd Admit Conspiracy Falsifying Their Reports on Fort Smith Bank's Condition-$212.000 Shortage Exists. Fort Smith, Sept. 21.-P. A. Ball, cashier, and A. S. Dowd, assistant cashier, of the defunct American National Bank of this city. this morning, pleaded guilty to the charge of falsifying their reports to the comptroller of the currency as to the bank's conditions. The conspiracy and embezzlement charges against them still are to be heard. The trial of T. W. M. Moore, indicted on similar charges, was continued. The American National Bank closed its doors last March under orders from Bank Examiner Logan, who was made temporary receiver. An investigation by the federal jury showed a shortage of $212,000 in the bank's cash. Boone, Ball, Dowd and Assistant Cashier E. M. Dickenson were jointly indicted on charges of falsification of reports, and conspiracy, and embezzlement of the bank's funds, on separate indictments charging of which, it is asserted, Boone received $110,000; Ball $25,000; Dowd $17,000 and Dickenson $60,000. Dickenson confessed and assisted the federal experts in examining the bank's records. He was indicted yesterday in the state courts on a charge of grand larceny and in accepting $450 for deposit from an aged woman and making no account of it nor giving her any evidence of her deposit. The hearing of the assistant cashier on this charge has been set for October 3. He has not yet been placed on trial in the government case.

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SUITS AGAINST BANKERS CALLED AT FORT SMITH FORT SMITH, Ark., Jan. 22.Seventeen cases brought by H. P. Hilliard, as receiver for the American National bank, against parties alleged to be indebted to that institution were started in federal court here today. Suits in equity by Hilliard against three other parties and a suit against the receiver of the Security National bank of Oklahoma City, seeking to secure payment in full of remittances made to the bank for collection, are set for Feb. 7.

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Henry P

Hilliard, receiver for the defunct American National Bank of Fort Smith announced a third dividend of 10 per cent will be paid de positors about November 1. It will distribute approximately $55,000 in that city.

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Henry P

Hilliard, receiver for the defunct American National Bank of Fort Smith announced a third dividend of 10 per cent will be paid de positors about November 1. It will distribute approximately $55,000 in that city.

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Henry P

Hilliard, receiver for the defunct American National Bank of Fort Smith announced a third dividend of 10 per cent will be paid depositors about November 1. It will distribute approximately $55,000 in that city.