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MILFORD IS CLOSED UP Richmond, June State bank fol the death of Henry the Milford State bank Milford, ordered that the bank be closed pending complete was found fatal wounded room few days by his and drea. attracted the explosion shotgun been health period, family and friends bank headquarters plained their action closing the bank saying that they did order prevent run on bank, for the general protection of depositors.
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MILFORD BANK IS CLOSED FOR AUDIT Proceedings Unusual, Is Said. Banking Headquarters Say For "Protection of Depositors." The State Bank. which Harry McWhirt was cashier. closed while the books of institution are being audited. according today McWhirt died Monday his home in Milford from flicted gun-shot wound The closing bank followed the Bank cashiers high bank officials die resign their positions and the closing. said. will last only until audit been made. M. Bristow. deputy State Bank Commission said the audit had been taken out of the hands of regular State bank examand placed in the hands the Richmond audit firm of Pullen Co. It about ten days complete the audit According to information here today not usual close banks during audits this At State bank headquarters Richmond the statement made that the closing was prevent run on the and for the general protection of depoOther information to the effect that it believed that the affairs the bank good shape The Union Bank and Trust Company. of Bowling Green was stated. owns practically 51 per cent of the stock the cern The Union Bank and Trust Company has large assets. The Milford Bank 500. had surplus of about and showed posits of Before his death Mr McWhirt. the former cashier. wrote three notes: One his wife anothThomas Blanton president of the Union Bank and Trust Comof Bowling Green and the third to Clarence Hicks, of Port Royal. close personal friend. The contents of the notes have never been made public but that the note to Mr. Blanton read meeting the directors the Union Bank and Trust Company and filed with the minutes the meeting.