Show DAKOTA BANK GOES BROKE First National of Minot Closed Await Awaiting Awaiting Awaiting ing the Action of Comptroller I Il ler l I r of Currency Minot N D Sept Minot Na National National National bank banI failed tailed to open its doors d Q for or business bu this morning A notice posted on the door read niad Closed vending pending the action of ot the comp of ot the currency I The announcement is made s ally all that the banks reserve teene is consider considerably i ably below th j statutory requirements Some time ago a O It jt is reported the tile di dl directors i I rectors called attention of ot President I Erickson to the extensive loans being made and instructed Instruct d him to be more pru prudent prudent I II I I I dent Rumors Humors of ot financial trouble start started ed eti a small run on the bank yesterday I which in all au probability would have de developed developed into a rush toda today and the don clog inK ing in of the Institution was deemed pru prudent prudent prudent dent The last statement showed the banks deposits to be The report of the closing of tho the Minot National started a it f little run by the timid on the Second SecondI I I National and Union National banks this morning All checks were paid Id promptly I The belief bellef prevails that the Minot Na National National will pay UK out dollar for tor dollar Washington Sept August statement of or the suspended Minot Na National National bank of Minot N D showed that the loans and discounts were 1 cash and cash items capital 25 2 I deposits lo I |