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BOSTON BANK READY TO MEET ALL DEMANDS Has Plenty of Money and Will Pay Every Depositor, President Says BOSTON, Dec. 18 Boston Bank, which meeting steady demands for withdrawal by depositors for two days, today it was ready and willing to pay every depositor every cent and that under no circumstance would the 90-day notice law be invoked. Wilmot Evans, president, said: "No matter how long the run continues, the bank has plenty of monhand to meet all demands. We are paying the depositors as fast as they come. Conditions which have prevailed some have affected the Boston Five Cents Savings We ready and willing to pay ery every cent. 77 years bank has met promptly every demand upon We have always that the entrusted to us the property the and that they to payment on demand. shall not invoke the 90-day law for holding back any We do not need its protection and have not the least intention of seeking The Grove Hall Savings Bank, which closed before its hour yesterday, was opened for business this with the requirement for 90 days' notice for withdrawal Four banks in New England closed their yesterday as the result withdrawals. The institutions which either did not open for business which closed in the were the National Bank the Hamden Bank Trust Company of Hamden, Conn., the Arlington Trust Company of the Plymouth CounTrust Company of Brockton. The financial status of the banks at the time of their last official statements weer as BostonContinental, of capital stock Hamden, assets of 683; Arlington Trust, deposits Plymouth County, deposits of The Lawrence and Brockton banks closed shortly their usual closing time while the other institutions did not open for business The state had on deposit in the Arlington Trust and in the Plymouth County. Conn. Bank Closes DANIELSON, Conn., Dec. 18 (AP). Danielson Trust Company remained closed today by order of the Board of Arthur Atwood, president, said accounts and trust funds were and would not be affected by the bank's difficulties. Continued on 33rd Page
