Jasper County Democrat, Volume 11, Number 78, Rensselaer, Jasper County, 6 March 1909 — TRUST COMPANIES BARRED. [ARTICLE]

TRUST COMPANIES BARRED.

Kansas Bank Guaranty Bill Accepted by the House and Senate.

Topeka, Kans., March 3. —The House and Senate voted to-day to concur in the second conference report on the bank guaranty law and the bill will become a law as soon as it is signed by the Governor. Trust companies are not permitted to come under the provision of the law. New banks must wait a year before being permitted to become guaranty banks, and savings deposits are protected when not in excess of SIOO, for each individual depositor. '