1.
October 25, 1910
The Caucasian
Shreveport, LA
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BANK OF MONROE The Officers May Be Held on Criminal Charges. As is generally known to readers of newspapers, the Bank of Monroe is closed. It was announced recently that the bank would suspend business temporarily and preparatory to its being converted into a national bank. Since then State Bank Examiner Will L. Young and his assistant, R. H. Ward, have investigated the affairs of the bank with the result that he has determined on making charges against officials and directors of the bank, but could find no legal authority in Monroe with whom he could lodge the affidavit as required by law. This is rather a singular condition, but there must be a limit to such absence. It is not possible for the offenders to evade the law, since Bank Examiner Young will not leave Monroe until he shall complied with his oath of office.
2.
November 2, 1910
The Birmingham Age-Herald
Birmingham, AL
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Receivers Will Pay in Full Monroe, La., November 1.-The receivers of the Bank of Monroe today paid to depositors $75,000 and announcement was made that all depositors would be paid in full. The bulk of the money turned over to the receivers of the failed bank for this purpose was furnished by J. E. Franklin, president of the Bankers' Trust company of St. Louis, who, together with local officers of the bank, is charged in a warrant sworn out by the state bank inspector with violation of the state banking laws through the alleged manipulation of the funds of the bank.
3.
November 4, 1910
The Green Forest Tribune
Green Forest, AR
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Receivers Pay the Depositors. Monroe, La.-The receivers of the Bank of Monroe have paid the depositors $75,000 and announcement was made that all depositors would be paid in full. The bulk of the money turned over to the receivers of the failed bank for this purpose was furnished by J. E. Franklin, president of the Bankers' Trust Company of St. Louis, who, together with local officers of the bank, is charged in a warrant sworn out by the state bank examiner with violating the state banking laws through the alleged manipulation of the funds of the bank
4.
November 4, 1910
The Rice Belt Journal
Welsh, LA
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MONROE BANK OFFICIALS ARRESTED Charged With Making False Statements and Receiving Deposits. Monroe.-State Bank Examiner W. L. Young swore affidavits against officials of the Bank of Monroe, which recently closed its doors, charging them with making false statements concerning the bank's condition, receiving deposits after they knew the bank was insolvent and with contracting a debt when they knew the bank was in a failing condition. The receivers swore to an affidavit charging C. S. Marsh of St. Louis with conspiracy. Marsh is secretary of the Bankers' Trust Company of St. Louis. The charge against him, y it is alleged, grew out of a recent transaction, in which $112,000 of collateral held by the Bank of Monroe :was transferred to the St. Louis con: is cern for a loan of $45,000. The bank dhere closed right after this transace tion. The Bank of Monroe owes depositors about $100,000 and other banks about $70,000. The Bankers ds Trust Company owns 51 per cent o 1d the stock of the closed bank.
5.
November 11, 1910
The Rice Belt Journal
Welsh, LA
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MONROE BANK OFFICIALS ARRESTED Charged With Making False Statements and Receiving Deposits. Monroe.-State Bank Examiner W. L. Young swore affidavits against officials of the Bank of Monroe, which recently closed its doors, charging them with making false statements concerning the bank's condition, receiving deposits after they knew the bank was insolvent and with contracting a debt when they knew the bank was in a failing condition. The receivers swore to an affidavit charging C. S. Marsh of St. Louis with conspiracy. Marsh is secretary of the Bankers' Trust Company of St. Louis. The charge against him, it is alleged, grew out of a recent transaction, in which $112,000 of collateral held by the Bank of Monroe was transferred to the St. Louis conS cern for a loan of $45,000. The bank 1here closed right after this transac e tion. The Bank of Monroe owes de positors about $100,000 and other banks about $70,000. The Bankers Is Trust Company owns 51 per cent o 1d the stock of the closed bank.
6.
November 12, 1910
Lower Coast Gazette
Pointe a La Hache, LA
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Receivers Pay the Depositors. Monroe. La.-The receivers of the Bank of Monroe have paid the depositors $75,000 and announcement Was made that all depositors would be paid in full. The bulk of the money turned over to the receivers of the failed bank for this purpose was furnished by J. E. Franklin, president of the Bankers' Trust Company of St. Louis, who, together with local officers of the bank, is charged 111 a warrant sworn out by the state bank examiner with violating the state banking laws through the alleged manipulation of the funds of the bank
7.
November 12, 1910
The Thibodaux Sentinel
Thibodaux, LA
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Receivers Pay the Depositors. Monroe, La.-The receivers of the Bank of Monroe have paid the depositors $75,000 and announcement was made that all depositors would be paid in full. The bulk of the money turned over to the receivers of the failed bank for this purpose was furnished by J. E. Franklin, president of the Bankers' Trust Company of St. Louis, who, together with local officers of the bank, is charged in a warrant sworn out by the state bank examiner with violating the state banking laws through the alleged manipulation of the funds of the bank
8.
November 18, 1910
The Rice Belt Journal
Welsh, LA
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MONROE BANK OFFICIALS ARRESTED Charged With Making False Statements and Receiving Deposits. Monroe.State Bank Examiner W. L. Young swore affidavits against officials of the Bank of Monroe, which recently closed its doors, charging them with making false statements concerning the bank's condition, receiving deposits after they knew the bank was insolvent and with contracting a debt when they knew the bank was in a failing condition. The receivers swore to an affidavit charging C. S. Marsh of St. Louis with conspiracy. Marsh is secretary of the Bankers' Trust Company of St. Louis. The charge against him, it is alleged, grew out of a recent transaction, in which $112,000 of collateral held by the Bank of Monroe was transferred to the St. Louis conS cern for a loan of $45,000. The bank dhere closed right after this transaction. The Bank of Monroe owes depositors about $100,000 and other banks about $70,000. The Bankers is Trust Company owns 51 per cent of 1d the stock of the closed bank.
9.
November 19, 1910
Lower Coast Gazette
Pointe a La Hache, LA
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Receivers Pay the Depositors. Monroe. La.-The receivers of the Bank of Monroe have paid the depositors $75,000 and announcement was made that all depositors would be paid in full. The bulk of the money turned over to the receivers of the failed bank for this purpose was furnished by J. E. Franklin, president of the Bankers' Trust Company of St. Louis, who, together with local officers of the bank, is charged in a warrant sworn out by the state bank examiner with violating the state banking laws through the alleged manipulation of the funds of the bank
10.
November 25, 1910
The Rice Belt Journal
Welsh, LA
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MONROE BANK OFFICIALS ARRESTED Charged With Making False Statements and Receiving Deposits. Monroe.-State Bank Examiner W. L. Young swore affidavits against officials of the Bank of Monroe, which recently closed its doors, charging them with making false statements concerning the bank's condition, receiving deposits after they knew the bank was insolvent and with contracting a debt when they knew the bank was in a failing condition. The receivers swore to an affidavit charging C. S. Marsh of St. Louis with conspiracy. Marsh is secretary of the Bankers' Trust Company of St. Louis. The charge against him, it is alleged, grew out of a recent transaction, in which $112,000 of collateral held by the Bank of Monroe was transferred to the St. Louis concern for a loan of $45,000. The bank dhere closed right after this transaction. The Bank of Monroe owes depositors about $100,000 and other banks about $70,000. The Bankers Trust Company owns 51 per cent of 1d the stock of the closed bank.