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OF DOUGLAS CLOSED Stockholders Close Institution at Douglas on Monday. Bank of Douglas, Douglas, Neb., Otoe county, was closed by its stockholders Tuesday for liquidation, George Woods, state bank commissioner, announced Wednesday. The deposits were approximately $100,000. the capital stock $20,000, the surplus $10,000. H. state bank examiner in charge.
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STATE BANK AT DOUGLAS CLOSED The Bank of Douglas the Otoe that name closed by Tuesday and now in state banking bureau, Examiner Larson charge. Probably no effort made to reorganize the town and the amount of them. the December the Bank Douglas deposits. the amount been somewhat duced period. capital was William Marshall was president and Dean Marshall, cashier.
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DOUGLAS CLOSED Stockholders Close Institution at Douglas on The Bank of Douglas, Douglas, Neb., Otoe was closed its stockholders Tuesday for liquidation, George Woods, state bank commissioner, announced Wednesday. The deposits were approximately the capital stock the surplus $10,000. Larson state bank examiner charge.
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KILLS WIFE AS SHE CARES FOR BABIES Chicago, Feb. 19 Delatowski, 35, shot and killed his wife, Mary, as she wheeled their two babies in front of their home today. He then turned his weapon upon himself and inflcted probably fatai wound. DOUGLAS BANK CLOSES. Lincoln, Feb. 19. rying deposits little in excess the Bank of Douglas, state chartered institution, closed yesterday by voluntary action its board directors. William Marshall was president, and Dean Marshall, cashier. Capital stock listed at $20,Examiner H. Larson in charge for the state.
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BANK LIQUIDATE Marshall Institution Voluntarily Goes to Banking Department Bank of Douglas, established in the southwestern Otoe county town more than 40 years ago by Charles Marshall, one-time state senator and candidate congress, was voluntarily closed late Tuesday by "Frozen assets" was the cause ascribed by Department of Trade Commerce officials who were notified that the bank would be closed for liquidation. R. H. Larson, an examiner of the department, sent to Douglas early Wednesday to take charge of the institution and to help the officials of the bank straighten out its affairs preparatory to making an official audit statement. Last statement of the bank, according to Trade & Commerce officials, showed capital stock of $20,000; surplus, $10,000; deposits proximately $100,000. William Marshall, brother of the founder, is president of the institution. Dr. H. Hostetter, Douglas physician, Dean Marshall, son of the president, cashier. Stock ownership of the institution. according to the tax records of Otoe county, follows: Wm. Marshall, 10 shares; H. Hostetter, shares; Casselman, shares, Estate Larson, Syracuse, 16 shares: Marshall, 10 shares; Dean Marshall, 145 shares. There was no run on the institution, officials say, and the decision to ask for the aid in liquidation came after stockholders had decided that such action was wise. "The action of the stockholders taken in the interest of the positors," said Dean Marshall, cashier, of the institution to The Mr. Marshall declined to make further statement for the present. County is Protected. Although Otoe county has approximately $19,000 on deposit with (Turn to Page Col., Please.)
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Douglas Bank Closes Doors For Liquidation Many readers of this paper, whether interested in a financial sense or not, will learn with regret of the closing of the Bank of Douglas, an institution in operation more than forty years. "Frozen Assets" is the reason given by the Department of Trade and Commerce officials, when notified that the bank would be closed for liquidation. The bank was established by Chas. Marshall, at one time state senator and for many years member of a prominent business firm of Weeping Water. William Marshall, brother of the founder, is president of the institution, Dr. A. H. Hostetter, vice president, and Dean Marshall, son of the president, is cashier. There was no run on the bank, it is asserted, and the decision to ask for the department's aid in liquidation came after the stockholders had decided that such action was wise. According to the cashier, "the action was taken in the interest of the depositors. Let us hope there will be no great loss to anyone interested. Douglas has been one of the very few small towns where two banks have been maintained, hence the town is not left without banking facilities, and in time. let us hope, such adjustment will be made as to work no hardship on either the town or the bank's stockholders.
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ASKS BANK RECEIVER. NEBRASKA Sorattorney general, filed petition the office the clerk the district court asking that receiver appointed the Bank Douglas, which was turned the department trade and February attorney general seeks bank decreed insolvent and unauthorized to further continue bank unless ordered the court