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M. S. Largey, president of the State Savings Bank of Butte, which closed its doors on Thursday, the same day that the suspension of Otto Heinze & Co. was announced, was in New York yesterday trying to raise enough cash to tide the concern over. F. A. Heinze owns 62 per cent. of the stock. "The bank is entirely solvent," Mr. Largey said, "but we were forced to close the doors on account of our inability to get enough cash. Although the banks in Butte were satisfied that our condition was good they were unable to spare us the cash we needed. In New York we could have got all we wanted under similar circumstances. The cause of our suspension was the withdrawal of our savings deposits by miners who were thrown out of employment by the shutting down of work on the Amalgamated mines. Our loans to members of the Heinze party were comparatively insignificant and were not a factor in the failure. I am going to have a conference with Mr. F. A. Heinze to-night in order to make some arrangement with him to get cash enough to restore the confidence of our depositors and tide us over until we can realize on our assets." Mr. Largey was asked about the reports that the suspension of the bank had been forced by enemies of Mr. Heinze to discredit him. Thomas M. Hodgens, a former close associate of Heinze but now a bitter enemy, returned to Butte a few days ago after an absence of some months in Alaska. He was formerly the cashier and virtual head of the bank and it was suggested that he had brought about the suspension. "I do not think that is so." Mr. Largey said. "Mr. Hodgens went over the books of the bank only a few days ago on a court order which he obtained in connection with some of his suite to recover money which he alleges Mr. Heinze owes him, and admitted that everything was in first class condition" Mr. Largey was also asked about the attachment that Sheriff Hayes received yesterday against the property of the State Savings Bank in this city for $108,000 in favor of the Mercantile National Bank. This sum was said to represent the balance on a demand note made by the State Savings Bank on March 5 A copy of the attachment was served on an officer of the bank. "That is the first I have heard of it." Mr. Largey said, "and it sounds very unlikely to me. We do not owe the Mercantile any money and have about $100,000 on deposit with them. We also have $20,000 at the Van Norden Trust Company. We usually keep about $200,000 there, but we had to draw most of it out." BUTTE. Mon., Ct. 19.-The State Savings Bank, which suspended yesterday, has an excess of $3,000,000 in deposits, representing 6,000 accounts. State Examiner Collins will take charge of the bank. It is understood that the bank holds some United Copper stock collateral, but how much cannot be learned. Labor unions have large deposits at the State Savings. The last monthly statement of the bank shows a reserve of about 15 per cent.. the amount required by law, though it was stated to-day that the reserve now amounts to 25 per cent. No other banks here have been affected, though there were some withdrawals from the Silver Bow National, another bank controlled by F. A. Heinze.