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# Alaskan Bank Suspends. SEATTLE, Wash., December 14.-The Fairbanks Banking Company of Fairbanks, Alaska, closed its doors yesterday on account of a lack of currency. The officials state that the suspension is temporary, and the bank will surely reopen in the spring at the latest. The assets of the institution are stated by the officials to be $300,000 in excess of the liabilities.
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MONEY SCARE IN ALASKA. The Bank at Fairbanks Has Closed for Repairs. Seattle, Wash., Dec. 14.-The Fairbanks Banking company of Fairbanks, Alaska, closed its doors yesterday morning, on account of a lack of currency. The officials state that the suspension is temporary and the bank will surely reopen in the spring at the latest. The assets of the institution are stated by the officials to be $300,000 in excess of the liabilities.
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ALASKA BANK CLOSES DOORS Lack of Currency Cause of Suspension of Institution at Fairbanks-WIII Re-open in Spring. Seattle, Dec. 14.-The Fairbanks Banking Company of Fairbanks, Alaska, closed yesterday on account of a lack of currency. The assets are stated to be $300,000 in excess of the liabilities. The bank will re-open in the spring.
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# Bank Suspends. Seattle, Wash., Dec. 14.-The Fairbanks Banking company of Fairbanks, Alaska, closed its doors yesterday on account of a lack of currency. The officials say the suspension is temporary and the bank will surely reopen in the spring at the la- test. Officials say that the assets are $300,- 000 in excess of liabilities.
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Alaska Bank Closes. Seattle, Wash., Dec. 14-The Fairbanks Banking Company, of Fairbanks, Alaska, closed its doors yesterday on account of a lack of currency. The officials state that the suspension is temporary and that the bank will surely
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# ALASKA BANK CLOSES. SEATTLE, Wash., Dec. 16.—The Fairbanks Banking Company of Fairbanks, Alaska, was forced to suspend Saturday because of lack of currency. The assets of the bank are said to be $300,000 in excess of the liabilities. According to the officers of the institution the doors will be opened again in a few days.
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Alaska Bank Closes Its Doors. Seattle, Wash., Dec. 16.-The Fairbanks Banking company of Fairbanks, Alaska, has closed its doors on account of a lack of currency. The officials state that the suspension 1s temporary and the bank will surely reopen in the spring at the latest. "The assets of, the institution are stated by the officials to be $30,000 in excess of the liabilities.
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STRINGENCY HITS ALASKA. Fairbanks Bank Closes Because of Lack of Cash. SEATTLE, Wash., Dec. 14.-The Fairbanks Banking company of Fairbanks, Alaska, closed its doors yesterday on account of a lack of currency. The officials state that the suspension is temporary and the bank will surely reopen in the spring at the latest. The assets of the institution are stated by the officials to be $300,000 in excess of the liabilities.
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STRINGENCY HITS ALASKA. Fairbanks Bank Closes Because of Lack of Cash. SEATTLE, Wash., Dec. 14.-The Fairbanks Banking company of Fairbanks, Alaska, closed its doors yesterday on account of a lack of currency. The officials state that the suspension is temporary and the bank will surely reopen in the spring at the latest. The assets of the institution are stated by the officials to be $300,000 in excess of the liabilities.
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# Alaska Bank Suspends. The Fairbanks Banking Company of Fairbanks, Alaska, closed its doors an account of a lack of currency. The officials state that the suspension is temporary and the bank will reopen in the spring at the latest. The assets of the institution are stated by the officials to be $300,000 in excess of the liabilities.
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JURY we BARNETTE CASE (Continued from page 1) vision, was the first witness called and identified certain papers filed in his office by the Washington-Alaska bank. Fink: W admit the bank 10 be a corporation and admit the report filed by the bank. Gibson: Not expecting case to come up so soon I would ask that case be postponed until this afternoon, in order that we may get our exhibits ready. The Court: Very well, court will take recess until 2 o'clock this afternoon. Afternoon Session. Gibson: I would suggest that it would be proper for the deTense to life a written waiver of the jury. James W. Hill, sworn, residing in Seattle: I was one of the partners of the Fairbanks Banking Company, a co-partnership between Barnette, Parsons and myself. In March. 1908, the Fairbanks Banking Company, a Nevada corporation, took over certain securities of the former co-partnership J do not know what proportion of the stock was paid for in money. perhaps $150,000 or) 8200,000. I believe that notes were signed for stock which were subsequently paid. Some were not paid and some of them remained in the bank when I left in September, 1909. Barnette, R. C. Wood and myself received stock in the bank. I paid no cash for mine, to the best of my knowledge: neither Barnette or Woods paid for their stock, as the surplus assets covered that stock, Wood and myself having the privilege of buying in up to a certain date. The value of the assets were based upon a valuation placed upon the assets by a committee of depositors in 1907. The increase of $100,000 in the value of the Gold Bar Lumher company's stock was made by the officers of the bank upon the recommendation of a committee of the bank's depositors in 1907, when the money stringency in the states len the bank without currency and this statement was made to show the bank's solvency. Cross-examination by Fink: Barnette bought the Gold Bar Lumber stock in 1907. The bank owned four-fifths of the stock. In that year the bank closed its doors during the panic. The depositors investigated the affairs of the bank and reported as to its condition.