Show jj 1 j t 1 Bank Broken i MIPDLETOWS NY November 28 TLe i MijWIeton j KafionalBank has failed the doors being closed this morning The 1 failure was caused by President Thomas King who accepted large drafts from Benjamin DBrown grain dealer of Indianapolis In-dianapolis and Burlington without security Brown has made an assignment assign-ment Capital 200000 surplus 115 000 The extent gf the loss is not known yet definitely Depositors will lose noth iogPresident King takes all theblame ont on-t himself His recent advances were made without the knowledge of other officers and directors The Bank examiner is on his way from Washington There was a slight run on the savings hank here but the latter is in no way involved t I |