Show DUR NGO BANKS BUSTED BUSIED Neither of the Concerns Recently Closed Has Cash Enough to Reopen Denver Colo Cob Dec 2 Neither the th Col Colorado Colorado Colorado orado State bank of Durango and its branch bank banI at Pagosa Springs nor the Smelter City State bank also at Du flu Durango Durango both Of which closed their doors week before last will be able to Ize ze and reopen according to H M state bank commissioner who vho re re from Durango yesterday after atter placing the tue institutions in the hands of receivers to windup their affairs The liabilities s of or the th Colorado State and Its ts Pagosa branch are which do donot donot donot not induce a 5 capital stock of ille lie he assets have a face vaRie of Jut Tut are of at such siCh character as to fall very far tar short of meeting the indebtedness The liabilities of or the Smelter City State bank are assets stock The assets a ar also of ot such character as not to meet the In Indebtedness Indebtedness indebtedness of at the institution |