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Heavy Run Closes Bank at Lakeland By Associated Press Lakeland, June State Bank the State Bank of Lakeland, failed Officials announced that closing heavy in the past few and inability collections McDonald, president, Europe. Swindell, chairman the board, had arrangements the bank operation summer. Both men, learned today, had up each cash count last obligated themselves McDonald bought the bank building for understood have made deposit. Swindell reported valuable groves, Officials said that since Jan. from the bank amount had out the first four St. The bank capitalized $200,the close business yesterday had started the Florida bank morning. but would be able to pay all depositors.
