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CLASH night against three former officers of the Lake View State Clark street, which was estimated the state's office to be in excess of The names were held, are accused of to Henry bank of the The Cook heard evidence affairs the Lansing the Side pany, and the Trust and Savings and their attorneys in all three banks testified. Depositors Hold Session. The committee of the United association held last and presented him their gram for speedy liquidation of closed At the request of the H. man the Mr. for the press to attend vetoed, and were It was that Lewis F. Jacobson, attorney for the association, presented a liquidation plan involving the following of collateral trust of the real estate assets of closed banks against which certificates might be Second, appointment of assistants of Attorney General to place now receivers. resignation by receivers the of trust funds of closed banks within thirty days. declared all three because the state laws. Supreme court he that legal fairs of closed banks could not be by assistant attorney generals; that bank receivers must pay depositors in cash only, in certificates or scrip, and that bank receivers could resign from fund trusteeships only by authority the courts and approval of all interested parties.
Bank Closes Its Doors. brother, The auditor announced the closing last night of the Marquette Park bank, 6314 South Western avenue, an institution with capital, North 000 surplus and in deposit liabilities. Depletion of cash and Sunday secondary were ascribed as reasons for the closing. The bank The had in estate loans. Brietzke was president William Michael Maizel, original of old, 420 Bain in the banking business, county director.
