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TEXARKANA BANK FAILS. Texarkana, Ark., Nov. 12-The Tex arkana Trust Company, a small prf. vate banking institution, closed doors today and asked for the ap pointment The assets of a receiver. of the concern are stated to be ap proximately $150,000, and liabilities $100,000. Inability to realize imma diately on outstanding loans is given as the reason for the suspension. J. F. Black of this city is president of the company.
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$150,000 Trust Co. Asks for Receiver TEXARKANA, ARK., Nov. 14.-T Le Texarkana Trust Company. a private instiution, has closed its doors and asked for the appointment of a receiver. The assets are approximately $150,000 and liabilities $100,000.
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$150,000 Trust Co. Asks for Receiver TEXARKANA, ARK., Nov. 14.-T be Texarkana Trust Company. a private instiution, has closed its doors and asked for the appointment of a receiver. The assets are approximately $150,000 and liabilities $100,000.
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$150,000 Trust*Co. Asks for Receiver TEXARKANA. ARK., Nov. 14.-T Le Texarkana Trust Company. a private instiution, has closed its doors and asked for the appointment of a receiver. The assets are approximately $150,000 and liabilities $100,000.
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$150,000 Trust Co. Asks for Receiver TEXARKANA, ARK., Nov. 14.-T Le Texarkana Trust Company, a private instiution, has closed its doors and asked for the appointment of a receiver. The assets are approximately $150,000 and liabilities $100,000.
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$150,000 Trust Co. Asks for Receiver TEXARKANA, ARK., Nov. 14.-T Le Texarkana Trust Company. a private instiution, has closed its doors and asked for the appointment of a receiver. The assets are approximately $150,000 and liabilities $100,000.
Click image to open full size in new tab
$150,000 Trust Co. Asks for Receiver TEXARKANA, ARK., Nov. 14.-T Le Texarkana Trust Company. a private instiution, has closed its doors and asked for the appointment of a receiver. The assets are approximately $150,000 and liabilities $100,000.
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INDICT OFFICIALS OF DEFUNCT BANK Texarkana Men Charged With Violating State Banking Laws. FAILURE HITS TOILER James F. Black, Putnam Dickinson and Fred Brewster Under Arrest in Connection With Failure of Texarkana Trust Co. Texarkana, June 6.-James F. Black, president; Putnam Dickinson, secretary and cashier, and Fred H. Brewster, assistant secretary and of the cashier, closed Texarkana its doors Trust without Company which warning on November 12, 1913, have arrested on indictments returned the by been Miller county grand jury charging them with "knowingly receiving in an were and deposits Dickinson insolvent arrested bank." here Black and immediately released on bond. Black's bond was fixed at $2,500 and was signed by LeGrande W. Jones, E. F. Burke, L. Kirkland, E. F. Friedell, Dr. K. M. Kelley, F. A. Symonds, D. L. Williams, Ollie Hoffman and G. W. Treher. Dickinson's bond of $1,500 was signed by T. F. Booker and Dr. J. A. Lightfoot. Brewster was arrested in Dallas, where he has been working since the failure of the bank here. He has announced willingness to return without requisition. Neither Black nor Dickinson would discuss the charges against them. The failure of the bank inflicted loss upon the depositors, most of whom were laboring people. Former County Clerk A. B. Little, who was appointed receiver for the institution, says if the are on assets sums for are which worth they anything carried like the the books the losses to depositors will be greatly lessened. 'When the bank closed its doors it was discovered that Black and Dickinson were both heavily indebted to the institution, having given as security for the money used mortgages on property located at different points and the value of which is problematical. Black has dealt stensively in real estate, while Dick.nson came here about three years ago from Little Rock.