Salt Lake Herald-Republican | 1910-07-28 | Page 2 | Beaten and Thrown Off

BEATEN AND OFF I Failure of oC the In Germany for Chief Arrested Dortmund Germany July uly 1 The list of bank failures In Germany through excessive speculation has ha received a n striking addition additon In the Insolvency o othe of oC the I bank against which bankruptcy proceedings were ere be begun begun begun gun today This Thil notion was preceded by the ar arrest arrest rest relt of Herr lerr Ohm one of the directors and the chief manager of or the bank who come Caine ce to grief through his attempts to found numerous Industrial compa companies nies which were Inadequately capital capitalized capitalIzed The liabilities of or tho the bank are placed at while Its IU capital la li I only OOOO It I Is stated that tho the dopes depos depositors will wi lose the greater part of oC their money and the members of oC the Ue board bor nearly the whole of their private for tor fortunes fortunes tunes It 1 II is reported that Ohm owes owe a athe the bank a a huge sum sum and It I Is under understood understood understood stood that other arrests arrest are Gre Impending