Jasper County Democrat, Volume 11, Number 2, Rensselaer, Jasper County, 11 April 1908 — Bank at St. Louis Closed. [ARTICLE]

Bank at St. Louis Closed.

St. Louis, April 9.—The Olive Street bank, at Garrison avenue and Olive street, having a capital of SIOO,000 and deposits of $350,000, has been closed. Bank Examiner Cook, who took ebarge of the bank, said: “The bank officials have been unable to secure further Indorsements on loans made and insufficiently secured, and for the safety of the Institution we deemed It best to take charge of the bank.”