Show DENVER BANK CLOSED Rocky Mountain Savings Unable to Meet Its Obligations Denver Aug GThe Uocky Mountain Moun-tain Savings Bank closed Its doors today to-day an assignment being made to Earl N Cranston for the benefit of Its creditors cred-itors No statement of assets and liabilities lia-bilities has yet been made Last week I demand was made upon the bank for 28000 ot county funds on deposit In I ant It was unable to pay This bank was closed during the panlo of 1833 but subsequently reopened certificates being be-ing Issued to depositors The president Is frank Woodbury son of I W Woodbury Wood-bury president of the Union National Hank which suspended last week I and the two Institutions were Intimately associated as-sociated In business F S Woodburypresldent of the bank this afternoon made the following statement In regard to the failure The troubles that have crowded upon us during the past seven business days beginning with the failure of the Union National followed by the agitation over the County Treasurers affairs and accompanied by damaging reports In some ol the newspapers have simply sim-ply broken us down We have paid off all the deposits except V ex-cept about 58000 some of time stockholders stock-holders are responsible men of means ali it Is my Intention to devote all my personal efforts to help the depositors until all are paid I therefore consider It absolutely certain that every claim will ultimately be satisfied None of the ofllcers or employees of the bank have ever borrowed a cent from the Institution In-stitution |