Article Text
National Bank Stockholders and Depositors to Meet So insistent has the sentiment for the reopening the First National Bank Palatine become among the depositors of that insti- the tution, and eagerness friends of the bank to see some sort plan cannot be worked the bank that meeting open depositors First National bank of Palatine has been called temporary committee to talk over situaand just what and how far tion see the depositors are willing to go in their efforts reopen the bank. the meeting published in this issue the Enterit held Sunday afterprise, noon o'clock in the high school auditorium admission be pass book. thorough discusthe situation is hoped for all present any move vard plan for reopening ank upon sentinent shown at this meeting. Statement of condition of the First Bank of Palatine date of its suspension, January 29th, 1932: Bills receivable Cash hand 8,556.14 Assets other than bills Rec. and cash on hand 88,868.13 TOTAL $220,355.91 Liabilities secured pledge of assets 2,500.00 Liabilities Unsecured. 126,092.71 Rediscount pledge Assets the bank as collateral 22,691.53 Bills Payable secured by pledge of assets of the bank as collateral 10,500.00 TOTAL above statement giving the total amount of Assets Liabilities as of the date of the bank suspension prepared in the form preseribed posted at the direction of the Comptroller of the Currency. Melvin B. Receiver.
