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Eureka, Mont.-The Farmers and Mechanics bank closed its doors voluntarily here following run on the bank after word had been received of the arrest of Mosek, president, on n. state vagrancy charge in connection with narcotics possession. in Spokane. Officials of the bank said they closed the doors because of lack of cash to meet the withdrawals.
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EUREKA BANK FAILS AS CHIEF IS JAILED Eureka, Mont., Oct. 15 The Farmers and Merchants bank closed its doors voluntarily here yesterday following run on the bank after word had been received here of the arrest of J. Mosek, president of the bank, on state vagrancy charge in Spokane, Wash. Officials of the bank said they closed the doors because of lack of cash to meet the withdrawals. Directors of the bank passed resolution calling for re-organization of the bank and the election of new president, Mr. Mosek and Mrs. C. Gerard, wife of physiclan here were arrested in Spokane on state vagrancy charges the police charging they were connected with narcotic ring and that narcotics were found in the possession of Mrs. Gerard.
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EUREKA, MONT., BANK CLOSES ITS DOORS Lack of Funds to Meet Withdrawals; Depositors Seek Funds. (By Associated Press.) Farmers and Mechanics bank voluntarily closed its doors here today fol. lowing run on the bank after word had been received here of the arrest of Mosek, president of the bank, on state vagrancy charge in Spo. kane, Wash. yesterday. Officials of the bank said they closed the doors because of lack of cash to meet the Directors of the bank passed resolution calling for reorganization of the bank and for the election of new president. Mr. Mosek and Mrs. C. C. Gerard, wife of physician here, were arrested in Spokane on state vagrancy charges, the police there charging they were with narcotle ring and that narcotics were found in the possession of Mrs. Denies Police Charges. SPOKANE, Oct. Mosek, Eureka banker, was released here to. day on $500 bond following his arrest yesterday on state vagrancy charge. He left for Eureka, declaring he had orders for enough cash to take care of the run started on the Farmers and Mechanics bank there today He denied police charges that he was connected with a narcotic ring.
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Eureka Bank May be Reopened Soon; Finances Sound Oct. Bank ExEureka, aminer Taylor has completed the condition of the Farmers' and Merchants State bank here, and directors credit him with the statement that he found conditions good, considers the bank be perfectly solvent condition, though many its securities are slow and will take some time to work them out. meeting of the directors of the bank committee for reorganization was selected, consisting of H. Pomeroy, James K. Lang, Klinke, Saling and Joseph Peltier. Depositors Must Waive. Mr. Taylor, according to members committee, has stated that order to reopen the bank will necessary for 80 per cent the positors to sign agreeing allow the there for certain time. In order to reopen, some such plan must be in order to preclude any the bank maintain on stable foundation, he says. understood that Masek, former president, will be connected with the bank in order close some deals which are now pending, but that he not be connected with in any official capacity when is opened for business.
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Eureka, Farmers and Mechanies bank closed Its doors untarily here following run on the bank after word had been received of the arrest Mosek president, on state vagrancy charge connection with narcotics possession in Spokane Officials of the bank said they closed the doors because of lack of cash to meet the withdrawals.
Click image to open full size in new tab
Eureka. Mont.-The Farmers and Mechanics bank closed its doors voluntarily here following a run on the bank after word had been received of the arrest of Mosek, president, on a state vagrancy charge in connection with narcotics possession, in Spokane. Officials of the bank said they closed the doors because of lack of meet the withdrawals.
Click image to open full size in new tab
Eureka, Mont.-The Farmers and Mechanics bank closed its doors voluntarily here following a run on the bank after word had been received of the arrest of J. J. Mosek, president, on a state vagrancy charge in connection with narcotics possession. in Spokane. Officials of the bank said they closed the doors because of lack of cash to meet the withdrawals.
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Eureka Bank May Be Reopened Soon; Finances Are Sound aminer T. Taylor has completed an examination of the condition of the Farmers' and Merchants' State bank here, and directors credit him with the statement that he found conditions good, and considers the bank to be in perfectly solvent condition, though many of its securities are slow and it will take some time to work them out. At meeting of the directors of the bank committee for re-organization was selected, consisting of H. G. Pomeroy, James K. Lang, P. V. Klinke, H. Saling and Joseph Peltier. Mr. Taylor, according to members of this stated that in order to re-open the bank it will be necessary for 80 per cent of the depositors to sign waivers agreeing to allow the accounts to remain open for certain time. In order to re-open, some such plan must be used in order to preclude any run on the bank and maintain it on stable foundation, he says. It is understood that G. Masek, former president, will be connected with the bank in order to close some deals which are now pending, but that he will not connected with it in any official capacity when it is re-opened for business.
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Eureka, Farmers and Mechanics bank closed its doors voluntarily here following on the bank after word had been received of the arrest of Mosek, president, on state vagrancy charge in nection with narcotics possession, in Spokane. Officials of the bank said they closed the doors because lack cash to meet the withdrawals.
Click image to open full size in new tab
Eureka, Farmers and Mechanics bank closed Its doors untarily here following on the bank after word had been received the arrest of Mosek, president, state vagrancy charge in nection with narcotics possession, Spokane. Officials of the bank said they closed the doors because of of cash meet the
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Eureka, Mont.-The Farmers and Mechanics bank closed its doors voluntarily here following a run on the bank after word had been received of the arrest of J. J. Mosek, president, on a state vagrancy charge in connection with narcotics possession, in Spokane. Officials of the bank said they closed the doors because of lack of cash to meet the withdrawals.
Click image to open full size in new tab
Eureka, Farmers and Mechanics bank closed its doors voluntarily here following the bank after word had been received of the arrest of Mosek, president, state vagrancy charge nection with narcotics possession, in they closed the doors because lack of cash to meet the withdrawals.
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Editor Is Bank Receiver. At a special session of the district court at Libby, Judge C. W. Pomeroy appointed Oscar Wolf, receiver for the Farmers and Merchants State bank at Eureka, which closed its doors about a month ago. Mr. Wolf is publisher of the Eureka Journal.
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WAY DRIVE PROVIDES FUNDS FOR FIGHT AGAINST DREADED WHITE PLAGUE E. Morse, of secretary the Montana association who is in charge in Montana of the annual Tuberculosis sale that the sale being pushed with great vigor in every county in the state. Mrs. Morse says: Tuberculosis Seal has for the last seventeen years provided the funds which have made possible the active campaign against tuberculosis, already resulting in 50 per cent nation wide duction in the death rate. Even with enormous reduction, the fact mains that tuberculosis is the most expensive that the human race to, for from this dread disease They are giving of their time, talent, and efforts to make possible the provision in Montana of more public health nurses, great supplies for health work in the schools, larger number of clinics, increased tuberculosis literature and supplies teacher for the little children Galen summer and in fact all the macamps, chinery will prevent and cure tuberculosis in Montana. Will you not help by buying generously of the tuberculosis Christmas seals? If you have not had the opportunity of purchasing any, write Montana Tuberculosis Association and at once will receive seals and copy of the annual report. Editor Is Bank Receiver. special session of the district court at Libby, Judge Pomeroy Oscar Wolf, for appointed the Farmers and Merchants State bank at Eureka, which closed its about month ago. Mr. Wolf doors publisher of the Eureka Journal.
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SALE OF SEALS WELL UNDER WAY DRIVE PROVIDES FUNDS FOR FIGHT AGAINST DREADED WHITE PLAGUE Mrs. Sara E. Morse, secretary of the Montana Tuberculosis association who is in charge in Montana of the eighteenth Tuberculosis seal sale that the sale is being pushed with great vigor in every county in the state. Mrs. Morse says: "The Tuberculosis Seal has for the last seventeen years provided the funds which have made possible the active campaign against tuberculosis, already resulting in 50 per cent nation wide reduction in the death rate. Even with this enormous reduction, the fact remains that tuberculosis is the most expensive that the human race is heir to, for from this dread disease They are giving of their time, talent, and efforts to make possible the provision in Montana of more public health nurses, great supplies for health work in the schools, a larger number of clinics, increased tuberculosis and supplies teacher for the little children at Galen summer camps, and in fact all the machinery that will prevent and cure tuberculosis in Montana. Will you not help by buying generously of the tuberculosis Christmas seals? If you have not had the opportunity of purchasing any, write Montana Tuberculosis Association and at once you will receive seals and a copy of the annual report. Editor Is Bank Receiver. At special session of the district court at Libby, Judge C. W. Pomeroy appointed Oscar F. Wolf, receiver for the Farmers and Merchants State bank at Eureka, which closed its doors about month ago. Mr. Wolf is publisher of the Eureka Journal.
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Editor Is Bank Receiver. At a special session of the district court at Libby, Judge C. W. Pomeroy appointed Oscar F. Wolf, receiver for the Farmers and Merchants State bank at Eureka, which closed its doors about a month ago. Mr. Wolf is publisher of the Eureka Journal.
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Editor Is Bank Receiver. At a special session of the district court at Libby, Judge C. W. Pomeroy appointed Oscar F. Wolf, receiver for the Farmers and Merchants State bank at Eureka, which closed its doors about a month ago. Mr. Wolf is publisher of the Eureka Journal.
Click image to open full size in new tab
Editor Is Bank Receiver. At special session of the district court Libby, Judge C. W. Pomeroy appointed Oscar F. Wolf, receiver for the Farmers and Merchants State bank at Eureka, which closed its doors about a month ago. Mr. Wolf is publisher of the Eureka Journal.
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RECEIVER AT EUREKA TO PAY OUT $34,000 * * * * EUREKA.-Oscar F. Wolf, re* ceiver of the Farmers and Mer* chants bank, which closed its * doors a year ago, was given per*) mission by the district court re* cently, to pay the creditors of this institution a 30 percent dividend. This amount will be abut $34,000. The stockholders are formulating plans to reopon the bank at a later date. but have nothing def* inite to report at this time.