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Hugo Bank Fails To Open Doors Saturday
HUGO, Okla., Oct., 9-(.P)-The Citizen State bank of Soper, 10 miles west of here did not open for business this morning. The institution was closed by the vote of the board of directors. The failure of the Soper bank followed the closing of the First National bank at Boswel yesterday and a run on the Soper bank. The Citizens State bank was established more than a year ago to take the place of the Liberty State bank, which failed in May 19, 1925.