Salt Lake Telegram | 1931-08-17 | Page 5 | 4 Toledo Banks and 34 Branches Closed

4 Toledo Banks and 34 Branches Closed U TOLEDO Ohio Aug 17 UP UP- UP Four major Toledo banks and their 34 branches with combined resources of at more than and accounts were closed today by orders of ot the state banking department The institutions are the Ohio Sav Say ings Ins Bank and Trust company the Commerce Guardian Trust and Sayings Say Sav ings bank the Commercial Savings Bank and Trust company and the thc American bank Other banks remained remained re re- re- re open and announced they were prepared to withstand heavy withdrawals The four closures were precipitated d by the closing several weeks ago of the Security Home Trust company it was it-was was said IJ