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F. WILD BANK NEAR CRASH IN '21, NOTES SAY Overdraft by Elevator Firm Caused Early Tangle in Affairs. The J. F. Wild & Co. State Bank, which was closed in July, 1926, was perilously close to a crash in April, 1921. and was saved only by the pouring in of $380,395 of money and securities by friends of the president, J. F. Wild, it was disclosed today. The disclosure was contained in a memorandum, signed by the directors and stockholders of the bank, which has been made part of the record in the suit of Richard L. Lowther, received for the Wild bank, against the Elevator Realty Company. a bank subsidiary also in receivership. The suit seeks to recover $172,000 alleged to have been paid by the bank to keep the realty company functioning for several years. The $380,395 raised in the 1921 emergency was to cover an overdraft of that amount which the bank officials had permitted to accumulate in the account of the Big Four Elevator Company. Meetings Held The memorandum discloses that the bank officials and officials of another Indianapolis bank held hurried meetings and hustled around from financier to financier to raise the money while a state bank examiner held over them an ultimatum that the overdraft had to be covered by a certain date. Henry H. Hornbrook, then attorney for the bank, proposed a plan "to meet the siutation" at a meeting April 15, 1921. According to the bank records, his plan, which was followed, was that the Big Four company give its demand note for the full amount of the overdraft indorsed by LeRoy Urmston, then president of the company and owner of the common stock of the Elevator Realty Company. The Elevator Realty Company was to increase its preferred stock to $200,000 and its common to $100,000, with the preferred stock then outstanding to be retired and the bank to purchase the new preferred stock at 95, which would produce $190,000.