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McHENRY DEPOSIT BANK IN HANDS OF RECEIVER At a meeting of the board of directors of the McHenry Deposit Bank, held Monday at the conclusion of the inspection of said bank's affairs by State Bank Examiner, E. L. Augustus, it was decided to liquidate the bank's business. To this end the present cashier, L. C. Brown, was chosen as a Specal Deputy Banking Commissioner and will assume the duties as such as soon as his commission arrives from Frankfort. In the meantime the affairs of the bank will be in the hands of State Bank Examiner E. L. Augustus. We are reliably informed that all depositors will likely be paid in full, but as to how much the stockholders will have to put up under the double liability act, is not known. The bank had a capital stock of $15,000 and surplus of $1,600. Liabilities as yet not fully known. The failure of the bank is attributed to the closing of the McHenry Coal Co.'s mines and the consequent general business depression in the community.