Jasper County Democrat, Volume 8, Number 1, Rensselaer, Jasper County, 8 April 1905 — Indiana Bank Closed. [ARTICLE]

Indiana Bank Closed.

Ladoga, Ind., April 4.—The doors of the bank of Ladoga are closed. The Hoesler Novelty Works company, of which Harry E. Daugherty and O. E. Coffman, sons-ln-law of the cashier, are among the principal stockholders, has overdrawn to the amount of $9«.000, and as a result tha bank was forced to close its doors. Cashier Scott stated that he was ready to turn over all his property.