Show AT BOISE BOIS CLOSES lOS S DOORS Capital State BanK of Idaho Suspends Business on Account Account Account Ac Ac- count of Heavy Withdrawal Withdrawal With With- dra wal of Funds BOISE DOIse Ma IdA Jan 21 The The Capital Capita l State hank bank of Id Idaho ho of ot this city failed to open It Its doors for tor business this mornIng mornIn morn- morn In Ing InThe The directors of or tho the bank batik at a meetIng meetIng mootIng meet meet- Ing held last n night ht decided that a temporary tem tern suspension was necessary owing to recent heavy withdrawals of or deposits w W. W S Bruce Druce an expert accountant who has been ensa engaged ed in making a careful l Investigation Into tho affairs of oC the I bank advised the action This ho Is Issued 15 s sued d c-d the following following- statement I I have c spent pent several days dars In exam examinIng inlag in- in ing lag Into the con condition of or the Capital State bank of or Idaho at the request of or the di directors dl- dl rectors and aud give I e it as my opinion that the bank is solvent solent and that the assets ar are arc sufficient to pa pay the thc depositors every dollar that is duo them thorn The Capital State bank has capital Co tock stock o of reer Q OOOO J and nd d po itts h at t time of last Jast statement December De De- comber cember 23 of oC Before Defore tho the financial troubles bo began bogan n tho the deposits amounted to about For the past two months reports ports havo been In circulation reflecting on en the stability of ot tho the Institution and this fact had much muc-h to do with nith bringing on the failure Officers of or the bank are arc George D. D Ellis president J. J C. C Ponce Fence vico l l- l dent enl and JI II B. B Neal cashier Mr Neal cal left leel Bol Boise Bolso c last wook for Portland owing to Illness It Is stated positively ch that his departure was not occasioned b by tho the banks bank's condition In tnt connection with Ith tho the institution a Ra savings bank was conduct conducted d which was the largest of ot its kind in Ida Ida- ho Th The bank had hod more than three thousand thousand thousand thou thou- sand deposItors depositor 4 A petition for rol a receiver for tor or the the- bank lank will be tiled flied to today a Withdrawals from tho the bank for fOI the past forty eight days havo have averaged a day Along Alone with other banks In lii tho the city the tho Capital State ic- ic cash payment January IIi 15 The Thin clearing house association was appealed to for tor assistance and the officers of the association made an nn examination of or the tho banks alfa affairs after which It was decided that no rio help could be he given The bank asked for s ilch amount was needed to tide Lido It over o until Its assets could be Le realized upon |