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Show National Bank Closes. . OBERLIN, O., Nov. 2S. The Citizens' National bank of this place was closed todav, Tho action was taken as a result of a" meeting of the bonrd of directors held yesterday. The following notice was posted on the bunk door today: "This bank will not open this morning or until further notice. The bank Is In charge of the Nntional Bank Exumlncr for examination exam-ination and Investigation." A financial statement issued by the bank In September last showed the capital stock to bu SCO.OOO; surplus, $20,000; deposit de-posit $175,000: loans and discounts, ?317,-CCO ?317,-CCO bonds and real estate. 5133,000; duo from banks. SI2G.O0O; cash on hand, $21,000. C G. Beckwlth Is president of the Institution In-stitution The bank waa founded Ih 1S58. It Ih generally understood that the bank carried notes of Mrs. Cnsslc Chadwlck of Cleveland to a large amount. President C. G Beckwlth said tonight that he nersonally has assisted ln loan-lni loan-lni Mrs. 'Cassie L. Chadwlck $102,000, Concerning the condition of thc bank. Mce-Presldcnt M. M. Squlro said: "It .Is only a hope that we will secure nssLstancc from New York." President Beckwlth said that there wero two checks In tho bank ns security for what had been leaned to Mrs. Chadwlck. One check is for JCOO.000. the other for $230,000. |