Rensselaer Journal, Volume 10, Number 47, Rensselaer, Jasper County, 2 May 1901 — Salem Bank Closes Doors. [ARTICLE]

Salem Bank Closes Doors.

The bank of Gilbert brothers at Salem, Ore., has been closed on account of litigation instituted by the heirs of the late William Cooper. A notice on the door is to the effect that the closing is deemed best in order to protect the depositors. Many women and school children are among the depositors. The deposits are estimated at from $20,000 to $125,000.