TEXAS BANK CLOSES. San Antonio, Tex., Feb. 3-The Emmet bank, unincorporated, of this city, is today in the hands of a receiver. The assets of the bank as given out total $218,815; liabilities $296,831.
2.February 4, 1917Pine Bluff Daily GraphicPine Bluff, AR
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BANK IN RECEIVER'S HANDS. San Antonio, Tex., Feb. 3.-The Emmet bank of this city was placed in the hands of Augustus McCloskey as receiver yesterday afternoon. The assets of the bank as given total $218,353.14, liabilities $196 931.21.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.