People's Pilot, Volume 2, Number 52, Rensselaer, Jasper County, 16 June 1893 — Closed Its. Doors., [ARTICLE]

Closed Its. Doors.,

Omaha, Neb., June 13. The McCague savings bank was turned over to the state banking board Monday afternoon as a result of a steady decline of deposits for a month. The owners promise that depositors will be -paid in full. They have paid out in the last thirty davs about 870,000. J?he deposits amount to over $400,000.