Show The Scranton City Bank Closed TIe Cose SCUAXTOX Pa May 23The Scranton city bank closed its doors this afternoon At a meeting of the directors today it was found the financial condition of the bank was in a bad shape a great deal of money being lost by investments in unprofitable coal lands and loans made on insufficient security Several of the directors are of the opinion that VicePresident Jessup who has been acting as cashier is more guilty than really appears ap-pears and one of them swore out a warrant for his arrest charging him with embezzling 10000 cssup gave bail in 2l000 the president of the bank Dr Throop becoming his surety The directors say the cashiers books are in such a shape that they cannot tell how much money is unaccounted for but they thnk it is between i O and 100000 Jessups friends indignant deny that he has acted dishonestly or made private us e I of the banks funds |