Evening Republican, Volume 14, Number 240, Rensselaer, Jasper County, 8 October 1910 — Shaky Banks Forced to Quit. [ARTICLE]
Shaky Banks Forced to Quit.
National banks which are shaky and which give no promise of improvement are being forced out of business. -* During the twelve months ending o*i Oct. 1, 113 national banking institutions went into liquidation. Of that number four no longer desired to continue business, four failed and ufent into receiverships and the other 105 went into dissolution because they were practically forced to do so. Lawrence 0. Murray, controller of the currency, has declared he will force every weak bank out of the field when its directors refuse to put it on a firm basis.
