e74dc510Accommodated withdrawals, Public signal of financial health
Click image to open full size in new tab
BANK RUN OPENED BY MULE TRADE LOUISVILLE, Ky., Aug, 10.-A mule trade caused a run on the South Louisville bank today. The mule's purchaser gave a check and then stopped payment, The seller spread false reports about the bank, and the run followed. It was stopped when the bank officials exhibited $50,000 in cash.
Click image to open full size in new tab
MULE CAUSES RUN ON BANK. Trouble Comes When Purchaser Stops Payment of Check. LOUISVILLE, Ky., August 11.-A mule's death was responsible for a run on the South Louisville Band yesterday. A depositor Monday purchased the animal, giving in payment a check for $75. That night the animal died. Suspecting that he had been "stung" the purchaser stopped payment. The payee presented the check just before the bank closed and payment was refused. He left, spreading a report that the bank had ceased payments. More than one hundred depositors were in line seeking to withdraw their savings when the bank opened yesterday. By noon the real cause of the "run" had been learned and it stopped.
Click image to open full size in new tab
DEATH OF A MULE STARTS RUN ON BANK. Louisville, Ky., Aug. 11.-A mule's death was responsible for a run on a South Louisville bank yesterday, A depositor on Monday purchased the animal, giving in payment a check for $75. That night the animal died. Suspecting that he had been "stung," the purchaser stopped payment. The payee presented the check just before the bank closed and payment was refused. He left. spreading a report that the bank had ceased payments. More than 100 depositors were in line seeking to withdraw their savings when the bank opened yesterday. By noon the real cause of the "run" had been learned, and It stopped.
Click image to open full size in new tab
DEATH OF MULE STARTS RUN ON KENTUCKY BANK LOUISVILLE, Ky., Aug. 11.-The death of a mule was responsible for a run on a South Louisville bank yesterday. A depositor on Monday puschased the animal, giving in payment a check for $75. That night the animal died. Suspecting that he had been "stung" the purchaser stopped payment. The payee presented the check just before the bank closed and payment was refused. He left, spreading the report that the bank had ceased payment. More than 100 depoistors were in line seeking to withdraw their savings when the bank opened yesterday. By noon the real cause of the run had been learned and it was stopped.
Click image to open full size in new tab
MULE STARTS RUN ON KENTUCKY BANK Louisville, Ky.-A mule's death was responsible for a run on a South Louisville bank Wednesday. A depositor on Monday purchased the animal, giving in payment a check for $75. That night the animal died. Suspecting that he had been "stung," the purchaser stopped payment. The payee presented the check just before the bank closed and payment was refused. He left, spreading a report that the bank had ceased payments. More than 100 depositors were in line seeking to withdraw their savings when the bank opened Wednesday. By noon the real cause of the run had been learned and it stopped.
Click image to open full size in new tab
MULE'S DEATH CAUSES RUN ON THE BANK LOUISVILLE, Ky., Aug. 11.-A mule's death was responsible for a run on a south Louisville bank yesterday. A depositor on Monday purchased the animal, giving in payment a check for $75. That night the animal died. Suspecting that he had been "stung" the purchaser stopped payment. The payee presented the check just before the bank closed and payment was refused. He left, spreading a report that the bank had ceased payments. More than 100 depositors were in line seeking to withdraw their savings when the bank opened yesterday. By noon the real cause of the "run" had been learned. and it stopped.
Click image to open full size in new tab
# MULE MAKES RUN ON BANK. Died Too Quickly, and Purchaser Stopped Payment on Check. Louisville, Ky.—A mule's death was responsible for a run on a South Louisville bank. A depositor bought the animal, givingin payment a check for $75. That night the animal died. Suspecting that he had been "stung," the purchaser stopped payment. The payee presented the check just before the bank closed, and payment was refused. He spread a report that the bank had ceased payments. More than one hundred depositors were in line seeking to withdraw their savings when the bank opened next day. By noon the real cause of the "run" had been learned and it stopped.
Click image to open full size in new tab
DEAD MULE DID IT. LOUISVILLE, Ky., August 11.-A mule's death was responsible for a run on the South Louisville Bank yesterday. A dispositor Monday purchased the animal, giving in payment a check for $75. That night the am- 6