Article Text
Bank Releases $3,466,167 New Institution at Baton Rouge Takes Place of 'Frozen' One BATON ROUGE, La., July 27.β(AP)βThe City National bank, Baton Rouge's new financial institution, opened today, releasing $3,466,167.23 of deposits which for five months have been "frozen" in the Union Bank and Trust company and the Bank of Baton Rouge. The City National bank supplants the Union bank and the Bank of Baton Rouge, which restricted operations following the banking holiday last March, and have been placed in liquidation.