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ANOKA BANK DEPOSITORS STUDY LIQUIDATION PLAN in the Anoka National bank. closed last week. have organized committee to determine what may be done toward liquidation. A new bank may be organized. spokesmen said. Serv ing on the are August Anderson, W H. Bradley Archie Butt. Daniel Caldwell Will Case, George Peter Charles G. Pease. M. Rodd. L. Stewart and The bank. which had deposits of $615,000 closed due to frozen assets.
R. F. C. Loans to City Banks Announced Washington, D. C., March 12.—(AP)—The Reconstruction Finance corporation announced Monday $864,000 was loaned to Minnesota banks during December, 1933. The loans and banks follow: Anoka National bank (receiver), $20,000; Columbia National Bank of Columbia Heights, $15,000; Farmers & Merchants State bank, Dassel, $100,000; Ellendale State bank, Ellendale (repaid in full), $8,000; First National bank, Frazee (receiver), $30,000; Calhoun State bank, Minneapolis (receiver), $57,000; Harriet State bank, Minneapolis (receiver), $37,000; Penn Avenue State bank, Minneapolis (receiver), $32,000; Twenty-sixth Street State bank, Minneapolis (receiver), $40,000; State Bank & Trust Co., Redwood Falls (receiver), $320,000; Citizens State bank, St. Paul (receiver), $15,000; Dayton's Bluff State bank, St. Paul (receiver), $150,000; First National of Westbrook (receiver), $40,000.
RFC Loan to State Banks Announced Washington (AP)-The Recon struction Finance corporation an nounced $864.000 had been loaned to Minnesota banks during December, 1933. The loans and banks follow: Anoka National bank (receiver), $20,000. Columbia National bank of Columbia Heights, $15,000 Farmers and Merchants State bank, Dassel, $100,000 Ellendale State bank, Ellendale, (repaid in full), $8,000. First National bank, Frazee, (receiver), $30,000. Calhoun State bank, Minneapolis, (receiver), Hariett State bank, Minneapolis, (receiver), $37,000. Penn Avenue State bank, Minneapolis, (receiver) $32,000. Twenty sixth Street State bank, Minneapolis, (receiver). $40,000. State Bank and Trust Co., Redwood Falls, (receiver), $320,000. Citizens State bank, St. Paul, $15,000. Dayton's Bluff State bank, St. Paul, (receiver), $150,000. First National bank of Westbrook, (receiver), $40,000.