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St. Louis Bank Closed. ST. LOUIS, January 4 (AP).-The Vandeventer National Bank of St. Louis, with capital stock of $250,000 and deposits of approximately $1,250,000, was ordered closed by its board of directors early today and an assistant national bank examiner was asked to take charge. There has been a slow run on the bank for several weeks, the directors said. W. C. Johnson president of the institution. 00
CLOSED BY DIRECTORS ST LOUIS. Jan. Vandeventer National Bank Louis, with capital stock deposits approximately 250.000, closed by its board directors today and assistant bank examinasked take charge. There been slow the bank for several weeks, the rector said. is president of the institution. MO., Jan. Bank of assets and Farmers' Bank Odessa, yesterday. The Bank Bates City near merged the Bank Odessa
Vandeventer National Bank in St. Louis Closed ST. Jan. Vandeventer National Bank of Louis with capital stock of $250,000 and deposits of approximately was ordered closed its board directors today early and an assistant national bank examiner asked to take charge. There had been slow the bank several weeks, the directors said.
ST. LOUIS BANK QUITS. Vandeventer National Closed by Stockholders Following Run. ST. LOUIS Jan Vandeventer National Bank of St. Louis, with capital stock $250,000, and deposits of approximately $1,250,000, closed by its board of directors today and an assistant national bank examasked to take charge. There had been slow run on the bank for several weeks, the diW. C. Johnson is president of the institution.
St. Louis Bank Closed. LOUIS January of Vandeventer 000 and deposits by its board of diwas ordered closed early today and an rectors national was asked to take been run the There for several the directors C. Johnson president of the institution.
Run Causes Closing Of Bank In St. Louis 19c ST. LOUIS. Jan. (AP)-The Vandeventer National Bank of St. Louis. with capital stock of $250,000 and deposits of approximately $1.250,000, was ordered closed by its board of directors early today and an assistant bank examIner was asked to take charge. There had been a slow run on the bank for several weeks, the diBlvd. rectors said.
BANK CLOSED ST. LOUIS, Jan. Vandeventer National bank of St. Louis, capital stock of $250,000 and deposits of approximately was closed by its board of today and an assistant national bank was asked take charge. There had been run on the bank for several weeks, the directors
had been a slow run on the bank for several weeks, the directors said. PROBE SLAYING OF CHILDREN BY JEALOUS NURSE Hangs Two Little Boys and Herself in Home of Employers While They Are Away. CHICAGO, Jan. 4. (P)-Authorities today sought the reasons why Mary Roth, 23, a nursemaid, hanged her two small charges and herself in the John H. Heindel home in the fashionable suburban River Forest. The blonde domestic, who cared for the children with devotion which sometimes, the children's parents, said, bordered upon jealous insanity, suspended 9-months-old George by the neck to the side of his crib. The elder brother. John B. Heindel, 4, was found hanged with a short piece of rope in the doorway. Miss Roth hanged herself in closet of the basement. Mr. and Mrs. Heindel, who were attending a bridge party Saturday night, found the bodies after police helped them break into the barred and locked home. They called the officers when failing to aruse anyone to let them in, they detected an odor of gas at the kitchen window. Bursting in they found gas escaping from the kitchen range. Bed sheets had been hung about to arrest drafts. Their frantic search for the children ended at the nursery door Police said they believed the nursemaid carried the sleeping children into the gas-filled kitchen where she left them until they were stupified or dead. Then she tied up the motionless little bodies. The grief-stricken parents were at a loss to account for the tragedy. Miss Roth. they said, loved the children with such intensity that she refused to leave them during their waking hours. She even slept in an adjoining room. Upon occasions she appeared jealous when the mother fondled the children. During the past several days, Heindel said, she had seemed depressed, but inasmuch as she refused to confide her troubles he assumed they were personal affairs. Mrs. Heindel said the girl explained that she came from Georgia The girl made several telephone calls during the past few days, and even had visitor shortly before the tragedy. but police could not run these clues down. Possibility that the fourth person killed the children and the nurse was precluded, police said, by the fact that the house was securely locked from the inside. Heindel is secretary of a construction company. ST. LOUIS BANK QUITS ST. LOUIS, Jan. 4-(P)-The Vandeventer National Bank of St. Louis with capital stock of $250,000 and deposits of approximately $1.250,000, was ordered closed by its board of directors early today and an assistant national bank examiner was asked to take charge. There FIRE RAZES BUILDING BOSTON, Jan. 4-(P)-Fire early today destroyed the Odd Fellows building, large, five story stone building in the south end with loss
for fees; the Legislative Establishment $1,666,201, for land and buildings, and the District of Columbia $100,000, among other miscellaneous items. Generally the purposes of these sums were not itemized. Bank in St. Louis Closes. St. Louis, Jan. 4.—(AP)—The Vandeventer National Bank of St. Louis, with Capital Stock of $250,000 and deposits of approximately $1,250,000, was ordered closed by its board of directors early today and an assistant National Bank examiner was asked to take charge. There had been a slow run on the bank for several weeks, the directors said.
Bank in St. Louis Closes. St. Louis, Jan. 4.—(AP)—The Vandeventer National Bank of St. Louis, with Capital Stock of $250,000 and deposits of approximately $1,250,000, was ordered closed by its board of directors early today and an assistant National Bank examiner was asked to take charge.
LOST wrist watch, WednesFor Rent Light housekeeping day evening, Dec. 30th, while getting rooms. 235 Bartlett. 19-tf. off train 25 or in Baxter Taxi. Reward. Phone 362W. 619 Pine St. By The Associated Press. 11-20-tf. St. Louis, Jan. The Vandeventer National Bank of St. Louis, with APARTMENTS AND HOUSES capital stock of $250,000 and deFor Rent or Sale-Store building posits of approximately $1,250,000, on 5th and Cedar. Concrete floor. Will was ordered closed by its board of redecorate. Call 691. 1-4-6t directors early today and an assistant national bank examiner was For Sale.-5 room house. Modern asked to take charge. with furnace. Hardwood floors. 303 There had been a slow run on the Selma St. Phone 684. 4-6t bank for several weeks, the directors said. For cheap, close in W. C. Johnson is president of the 321 N. Main. W. I. Daily, Phone 886. institution. First to Fail. By The Associated Press. 105 No. 8th St., or Phone 265. Jefferson City, Jan. 4.-The first 1-1-3t bank closing of the new year in MisFor Rent.-5 room downstairs souri was reported to the state finance apartment, hardwood floors, furnace, department today. gas and 2 fireplaces. 4 room cottage Directors of the St. James State 630 Charles St. Lights and bath and Bank, in Phelps county, in notifying garden spot. Phone 257 or 396. the finance department that they had 1-4-3t closed that institution, gave "depleted cash reserve and general depressed For Rent.-Furnished housekeeping conditions" as the reason for the closapartment. Modern. 615 Kinzer St., ing. The bank had loans of $217,088, total resources, $248,314; capital, $25,000; surplus, $7,000 and deposits of $191,632.
GARY BANK CLOSES. tional Bank of America today succumbed to run of frightened depositors and closed its doors. The closing Saturday of last last two banks in the neighboring city of Hammond caused an uneasiness that spread to this city. Confronted with heavy withdrawals National Bank of America closed doors and its affairs were turned over to national bank The tank capitalized at $150,000 and assets of deposits had been reduced by with drawals weeks to approxmately $245,000. TRUST COMPANY FAILS. Ind., Jan. Peoples Loan and Trust Company of this city was closed today for liquidation. Directors met yesterday and decided to liquidate the bank's affairs. The bank capitalized at $25,000 and its last report total of $269,282.64 and deposits of $217,510.27 ONE AT ST. LOUIS. ST. LOUIS, Mo., Jan. The Vandeventer National bank of St. Louis, with capital stock of $250, 000 and deposits of approximately was ordered closed by its board of directors early today and an assistant national bank examiner was asked to take charge. There had been slow run on the bank for several weeks, the directors said. W. C. Johnson is president of the institution.
ST. LOUIS BANK CLOSED ST. LOUIS, Vandeventer National of Louis, with capital stock of of dered closed by its board of directors early today and an assistant national
ST. LOUIS BANK CLOSES. St. Louis, January 4—(AP)—The Vandeventer National Bank of St. Louis, with capital stock of $250,000 and deposits of approximately $1,250,000, was ordered closed by its Board of Directors early today and an Assistant National Bank Examiner was asked to take charge. There had been a slow run on the bank for several weeks, the Directors said. W. C. Johnson is President of the institution.
BANK RECEIVER TO SELL BONDS WORTH $450,000 On application of Joseph F. Holland, receiver for the Vandeventer National Bank of St. Louis, United States District Judge Davis yesterday authorized him to sell from time to time, for best prices obtainable, approximately $450,000 par value negotiable bonds and other securities which are among the assets of the bank. Holland asked for the order to facilitate liquidation of the assets.
VANDEVENTER BANK PAY 34 PCT. MORE Second Dividend Announced Following R. F. C. Loan Receiver Arranged. Special to the Post-Dispatch. WASHINGTON, Oct. 5.-Depositors of the Vandeventer National Bank in St. Louis, closed since January, will receive a second dividend of 34 per cent of their claims next week. The disbursement is made possible, in part, by a loan from the Reconstruction Finance Corporation negotiated on the assets of the Vandeventer Bank, by Receiver Joseph F. Holland. Checks for the dividend, totaling about $330,000, are being prepared at the Treasury Department and will be mailed to reach Receiver Holland, Monday, for distribution among depositors with approved claims of about $1,000,000. Creditors of the bank, last July, received a 25 per cent dividend amounting to about $239,000. The Vandeventer National Bank, 3565 Olive street, was placed in receivership last Jan. 12. Deposits when the bank closed, in 3260 accounts, amounted to $1,250,000, of which about $250,000 was offset by loans due the bank. Receiver Holland said today he had not received authorization from Washington to discuss for publication recent developments in the liquidation of the bank's assets.
NATIONAL BANK RECEIVER SUES SIX STOCKHOLDERS Joseph F. Holland, receiver for the closed Vandeventer National Bank, has filed suits in United States District Court to collect liability assessments against six stockholders of the bank. The stockholders and the amounts sought are: F. H. Schaefering, $2,800; Dr. Otto L. Sahlender, $2,500; Henry Bender, $2,500; Lon O. Harlow, $1,598; William F. Schaefering, $1,000, and Louis Pearstone, $767. The assessments were ordered by the comptroller of the currency under provisions of the national banking laws that stockholders of closed national banks are liable for 100 per cent of their stock holdings.
Ordered to Pay. St. Louis, March 21.-(P)-Eight directors of the closed Vandeventer National bank. who maintained 570 shares of bank stock through a holding company, today were ordered by Federal Judge Charles B. Faris to pay the bank's receiver $80,639.91.
Bank Directors Must Pay St. Louis, (P)-Eight directors of the closed Vandeventer National Bank. who maintained 570 shares of bank stock hrough a holding company, today were ordered by Federal Judge Charles B Faris to pay the bank's receiver $80.- have benefitted five cents a gallon in a local "gasoline war" here today Prices are as low as 13 cents, with many stations shaving off several cents on their signs
PAY FOR RECEIVER St. Louis, March directors of the closed Vandeventer National Bank, who maintained 570 shares of bank stock through hold. ing company, today were ordered by Federal Judge Charles B. Faris to pay the bank's receiver $80,639.91. The stockholders had based their plea on a contention that individual liability could be avoided through ownership of stock by holding company. In his ruling Judge Faris said "if such a company could be formed to escape liability, then the ((banking) statute is nullity." Stockholders, sued by the bank's receiver, were J. B. Corby, Max Lippman, L. E. Doerr, Edgar L. Miche, W. B. Knight, W. N. Matthews, Jesse A. Wolfort and Rhodes E. Cave.
FOURTH DIVIDEND FOR VANDEVENTER BANK DEPOSITORS 8 Pct to Be Paid as Soon as Comptroller at Washington Signs Checks. The Vandeventer National Bank of St. Louis will pay a fourth dividend of $80,244.30 to depositors, which is equivalent to 8 per cent on their deposits, as soon as schedules and checks are compared and signed in the office of the comptroller of the currency in Washington and returned to Receiver Joseph F. Holland. This payment will raise the total
Appeals Court Holds Him Liable for Associate's Obligations in Real Estate Deal The United States Circuit Court of Appeals, Eighth Circuit, has affirmed the judgment rendered by District Judge Davis here, holding Sam C. Breadon, owner of the St. Louis Cardinals, liable for about $7000, the obligation of a business associate, W. C. Anderson, in a deal involving exchange of Florida fruit land for St. Louis real estate. The Court of Appeals added to the judgment an item of interest at 6 per cent, from the date of the obligation, July 1, 1932. Breadon, Anderson and a third partner obligated themselves to pay $35,000 in the realty deal, and their stock in the Eagle Fruit Co., owning the Florida land, was supposed to secure the obligation. It developed that Anderson's stock had been pledged for loans to two banks, one of them the Vandeventer National Bank, and the bank's receiver sued to enforce the claim against Breadon.