Salt Lake Herald-Republican | 1905-04-16 | Page 27 | Private Michigan Bank Unable to Pay |

Type	issue
Date	1905-04-16
Paper	Salt Lake Herald-Republican
Language	eng
City	Salt Lake City
County	Salt Lake
Rights	No Copyright - United States (NoC-US)
Publisher	Digitized by J. Willard Marriott Library, University of Utah
ARK	ark:/87278/s62n66pd
Reference URL	https://newspapers.lib.utah.edu/ark:/87278/s62n66pd

Article Title	Private Michigan Bank Unable to Pay
Type	article
Date	1905-04-16
Paper	Salt Lake Herald-Republican
Language	eng
City	Salt Lake City
County	Salt Lake
Page	27
OCR Text	Show PRIVATE MICHIGAN BANK UNABLE TO PAY Owosso Mich April 15 The private bank bunk of M L 1 Stewart Co of this city one of the largest private bank banking banking bankIng ing institutions of the state closed its i s doors today and posted a notice saying that the concerns affairs were ere In the hands of the Detroit Trust com coin company pany pan The banks deposits have been estimated at more than a half million dollars No statement of assets and lia ha liabilities liabilities has been given out Ralph Stone secretary of ot the Detroit Trust company compan said The assignment was caused by b the institution advancing to a carriage company in which C D Stewart the I head of the banking firm was a stock stockholder stockholder holder aggregating M This I indebtedness the carriage company was unable to meet
Reference URL	https://newspapers.lib.utah.edu/ark:/87278/s62n66pd/11806069