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8e7b2426717a6668Public signal of financial health, Full suspension, Books examined
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Bank Failure at Olympia. OLYMPIA (Wash.), Jan. 26. - The First National Bank of Olympia closed its doors to-day because of the withdrawal of $50,000 State funds, which precipitated a run. The liabilities of the bank are said to be $100,000 and the assets $30,000. The directors of the bank assert that depositors will be paid in full.
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Washington Bank Closes. Olympia, Wash., Jan. 26.-The First National Bank of Olympia closed its doors today because of the withdrawal of $30,000 state funds, which precipitated a run. The liabilities of the bank are said to be $100,000 and the assets $230,000. The directors of the bank assert that depositors will be paid in full.
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BANK SUSPENSION. Olympia, Washn.. Jan. 27.-The following notice was posted on the door of the First National bank as the first announcement of its suspension: "Owing to unexpected heavy withdrawals of deposits. this bank is compelled to suspend until we can realize on other assets. Depositors will not lose a dollar. "A A. PHILLIPS, President." Mr. Phillips stated the immediate cause of the suspension was the withdrawal by the state treasurer of $35,000 of state money. This frightened other depositors. who made a run on the bank forcing it to close its doors. The state deposits were withdrawn Jan. 19th. The liabilities of the bank are $100,000. of which $35,0000 are individual deposits of citiin town this and zens county. The assets are stated to be $226,000, a large amount of which can be realized very soon.
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Bank Failure. OLYMPIA, Wash., Jan. 27.-The First National Bank of Olympia closed its doors yesterday because of the with. drawal of $30.000 State funds, which precipitated a run. The liabilities of the bank are said to be $100,000 and the assets $230,000. The directors of the bank assert that the depositors will be paid in full.
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Washington Bank Closes. Olympia, Wash., Jan. 26.-The First National Bank of Olympia closed its doors today because of the withdrawal of $30,000 state funds, which precipitated a run. The liabilities of'the bank are said to be $100,000 and the assets $230,000. The directors of the bank assert that depositors will be paid in full.
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AN OLYMPIA BANK CLOSED. Withdrawal of State Funds Precipitated a Run. Olympia, Wash., Jan. 26.-The First National Bank of Olympia closed its doors to-day because of the withdrawal of $30,000 in state funds, which precipitated a run. The liabilities of the bank are said to be $100,000, and the assets $230,000. The directors of the bank assert that the depositors will be paid in full.
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RUN CAUSED IT. First National Bank of Olympia Suspends. Run Precipitated by Withdrawal of State Funds. Bank Officers Say That Depositors Will Not Lose a Dollar. OLYMPIA, Wash., Jan. 27.-The following notice was posted on the door of the First National Bank as the first announcement of the suspension: "Owing to unexpected heavy withdrawals by deposits, this bank is compelled to suspend until we can realize on our assets. Depositors will not lose a dollar." (Signed) A. A. PHILLIPS, President. Mr. Phillips stated that the immediate cause of the suspension was "the withdrawal of the State treasurer of $35,000 of State money. This frightened other depositors, who made a run on the bank, foreing it to closed its doors. The State deposits were withdrawn Jan. 1. The liabilities of the bank are $100,000. $75,000 teing individual deposits of residents of this town, and county. The assets are stated to be $226,000, A large amount of which can be realized on very soon.
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Otympia Bank Closes Its Doors. OLYMPIA, Wash., Jan. 27.-The First National Bank of Olympia closed its doors yesterday. Its liabilities are $100,000 and assets $230,000. It is claimed the cause of the suspension was the withdrawal of $30,000 State funds, which alarmed small depositors, who then also withdrew their money. Officials say they will be able to pay depositors in full.
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First National Bank of Olympia Closed. OLYMPIA, Wash., Jan. 26-The first National bank of this city closed its doors this morning and the following notice was posted: "Owing to unexpected and heavy withdrawals of deposits, this bank 18 compelled to suspend until we can realize on our assets. Depositors will not lose a dollar. "A, A. PHILLIPS, president."
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Bank Failure, OLYMPIA, Wash., Jan. 27.-The First National Bank of Olympia closed its doors yesterday because of the withdrawal of $30,000 State funds, which precipitated a run. The liabilities of the bank are said to be $100,000 and the assets $230,000.
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A. A. PHILLIPS APPOINTED. Receiver of the First National Bank of Olympia. WASHINGTON, Feb. 17.-Comptroller of the Currency Eckels has appointed A. A. Phillips receiver of the First National bank, of Olympia, Wash.
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Receiver Phillips in Charge. OLYMPIA, Feb. 19.-On instructions from Comptroller Eckels, Examiner Cleary today turned over the First National bank to Receiver A. A. Phillips.
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Olympia Bank Dividend. Special Dispatch to the Post-Intelligencer. OLYMPIA. April 14-Comptroller Eckels has informed A. A. Phillips, receiver of the First National bank, that & 30 per cent. dividend will be paid the creditors of the bank in about thirty days.
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IN the Superior Court of Thurston county, Washington. A. A. Phillips, as Receiver of the First National Bank of Olympia, Plaintiff. Summons. vs. Joseph W. Robinson, Defendant.
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IN the Superior Court of Thurston county, Washington. A. A. Phillips, as Receiver of the First National Bank of Olympia, Plaintiff. Summons. VS. Joseph W Robinson et al
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UPERIOR COURT State of Washington, in S and for Thurston county. A.A. Phillips, as Receiver of the First National Bank of Olympia, Plaintiff, -
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SUPERIOR COURT, State of Washington, in and for Thurston county. A. A. Phillips, as Receiver of The First National Bank of Olympia, Plaintiff, vs. Thomas M. Reed, Hattie A. Reed, his wife, and M. E. Reed, Defendants.
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UPERIOR COURT, State of Washington, in S and for Thurston County. A. A. Phillips as Receiver of The First National Bank of Olympia, Plaintiff, VS. John F. Gowey, Defendant.