89301254 8930
national
676627771e5cfb57Capital injected, Full suspension, Books examined
Other: Bank was placed in hands of a receiver; stockholders agreed to a large assessment (30–90% reported) to recapitalize and permit reopening.
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TROUBLE WITH BANKS Saratoga Banks Are Up Against Hard Proposition-One Is Closed. Saratoga, N. Y., June 27-The First National Bank didn't open this morning, being closed by the controller. The deposits amount : to nearly $1,000,000. The run on the Citizen's National, which was begun Saturday, continues today.
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Bank of Saratoga Fails. Saratoga, N. Y.-The First National Bank of Saratoga was closed today by order of the comptroller of the currency. According to a recent statement the bank owed depositors $890,000. The run on the Citizens National, which began Saturday was continued today by the small depositors.
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BANK CLOSES By Request of Its Directors and Run on Another Bank as the Result Continues. Saratoga, N. Y., June 27.-The First National Bank here was closed today by order of the comptroller of the currency at the request of the directors. The run on the Citizens National Bank continues.
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BANK CLOSED. (By Associated Press.) Saratoga, N. Y., June 27.-The First National Bank was closed by order of the Comptroller of the Currency at the request of the directors. The run on the Citizens' National Bank continues
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National Bank Closed. Washington, June 28.-The First national bank of Saratoga Springs, N. Y., was closed Monday by direction of the comptroller of the currency. A run was started on this institution on Saturday, and as it was not in a condition to meet its demand liability, the examiner was instructed to not permit the bank to reopen Monday morning, if there was any indication of a renewal of the run.
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National Bank Closed. Washington, June 28.-Tne First national bank of Saratoga Springs, N. Y., was closed Monday by direction of the comptroller of the currency. A run was started on this institution on Saturday, and as it was not in a condition to meet its demand liability, the examiner was instructed to not permit the bank to reopen Monday morning, if there was any indication of a renewal of the run.
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National Bank Closed. Washington, June 28.-The First national bank of Saratoga Springs, N. Y., was closed Monday by direction of the A run comptroller of the currency. was started on this institution on Saturday, and as it was not in a condition to meet its demand liability, the examiner was instructed to not permit the bank to reopen Monday morning, if there was any indication of a renewal of the run.
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NINETY PER CENT STOCK ASSESSMENT. Saratoga, N. Y., Aug. 1.-The stockholders of the First National Bank have consented to a 30 per cent stock assessment on the par value of the stock, payable August 6. This was required by the Controller of the Currency in order to reopen the bank, which was recently closed to escape a run.
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Stockholders to Pay Big Assessment. Saratoga, N. Y., Aug. 2.-The stockholders of the First National bank have consented to a 90 per cent assessment on the par value of the stock, payable Aug. 6. This was required by the comptroller of the currency in order to reopen the bank, which was recently closed to escape a run.
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Stockholders to Pay Big Assessment. Saratogn, N. Y., Aug. 3.-The stockholders of the First National bank have consented to a 90 per cent assessment on the par value of the stock, payable Aug, 6. This was required by the comptroller of the currency in order to reopen the bank, which was recently closed to escape a run.
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FIRST NATIONAL BANK OF SARATOGA AGAIN SOLVENT. Washington. Aug. 18.-The First National bank of Saratoga Springs, N. Y., placed in the hands of a receiver on June 27, 1904. has been restored to solvency and resumed business today as an active national banking association.
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SARATOGA BANK RESUMES. Washington, Aug. 18.-The First National Bank of Saratoga Springs, N. Y., which suspended payment and was placed in the hands of a receiver on June 27. 1904. has been restored to solvency and resumed business to-day as an active national banking association.
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The First National Bank of Saratoga Springs, N. Y., which suspended payment and was placed in the hands of a receiver on June 27, 1904. has been restored to solvency and resumed business, Thursday, as an active national banking association.
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Saratoga Bank Reopens. SARATOGA, N. Y., Aug. 19.-The First National bank, which on June 27 was closed by order of the comptroller of the currency to avoid an anticipated run, has resumed business.
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Saratoga Bank Resumes Business. Washington, Aug. 19.-The First National bank of Saratoga Springs, N. Y., which suspended payment and was placed in the hands of a receiver on June 27, has been restored to solvency and resumed business as an active national banking association.
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Saratoga Bank Reopens. SARATOGA, N. Y., Aug. 19.-The First National bank, which on June 27 was closed by order of the comptroller of the currency to avoid an anticipated run, has resumed business.