Frankenmuth State Bank (Frankenmuth, MI)

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News Summary

Banking SituationFrank Merrick Bank Saginaw and Peoples bank

Otto Trinklein named conservator Frankenmuth State Harmony returning to Detroit situation.

Mayor's proposal slash city salaries per cent precipitates council clash. appoint committees arrange for state convention order in June. WashingtonJob relief program nears proval compromise farm Roosevelt relief plan federal guaranty interest refinancing bonds.

Midland county farmers unite in effort provide funds save farm from foreclosure. Democrat candidate charges orgy of spending in state highdepartment.

Comstock plans liberal beer Drastic mill tax slash for U and M. C. proposed. Nazis threaten reprisals, start boycott protest treatment in reich.

Montreal teams likely to be Cup playoffs capacity crowd for game at Detroit. knockouts bouts feature county boxing tourEllsworth Vines not to play for United States Davis Cup match against Mexico. American League pitching rookies outclass those of National. Markets and Business— Stocks steady trading slight Grain prices work higher after opening declines.

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VLLAGE BANK PLANS PUSHED

Otto Trinklein Appointed Conservator of Frankenmuth State.

DEPOSITORS COOPERATE

Appointment of Otto Trinklein conservator of the Frankenmuth State bank was Tuesday by Rudolph Reichert, banking commissioner, as conservators of other village Saginaw county were moving effect cashier of The conservators' plans are expected within brief time to bring about resumption normal banking functions in each Appraisal blanks for the purof present bank holdings in of five institutions involvedChesaning State bank, St. Charles Ameribank, Hemlock State Birch State received from Lansing within the next few days. Seek Definite Plan.

In St. Charles, Edmund H. Fox cashier and conservator. said that although no definite tors, there have cooperation from every depositor has been In Chesaning, Frank Stevens, president the Chesaning bank, said plans along in an orderly manner for of organization plan to the deposiMr. Stevens said he awaiting the appraisal blanks the Hemlock State John Geyer, conservator the Frankenmuth State and Hubert the Birch Run bank, assumed their respective institutions Monday and began for the reorganization plan that eventually