Indianapolis Times, Volume 43, Number 5, Indianapolis, Marion County, 16 May 1931 — Page 7

MAY 16. 1631

Clearing House Action The undersigned, all of the members of the Indianapolis Clearing House Association, deplore the fact that during the past few days maliciously false rumors concerning the soundness of some of our members have been started, circulated and repeated to such an extent as to affect seriously the welfare and orderly conduct of business in the entire community. We assure the public there is no foundation for such rumors, and that each of us, members of the Indianapolis Clearing House Association, announce our determination to co-operate and assist each other in every reasonable way to meet the stress or necessity which may result from such unfounded rumors. We have a fixed policy of helping each other and are determined that the law relating to slander of financial institutions shall be enforced. i BANKERS TRUST COMPANY, LIVESTOCK EXCHANGE BANK, by Howard C. Binkley, President by A. S. Benson, President FLETCHER AMERICAN NATIONAL BANK, MERCHANTS NATIONAL BANK, by Elmer W. Stout, President by John P. Frenzel, Chairman FLETCHER TRUST COMPANY, PEOPLES STATE BANK, by Evans Woollen, President by Felix M. McWhirter, President INDIANA NATIONAL BANK, SECURITY TRUST COMPANY, by Frank D. Stalnaker, President by Irving W. Lemaux, President INDIANA TRUST COMPANY, UNION TRUST COMPANY, by Fred C. Dickson, President by Arthur V. Brown, President

THE INDIANAPOLIS TIMES

PAGE 7