Show PLACE FOR BANKS BANK'S FAILURE BOISE Ma a. a Sept ll Responsibility for the failure of ot the Bolso State bank which went to th the wan wall a ft year ago will willbe be be placed by a 8 special federal grand Jury called to convene in this city September Sep Sep- 20 The petition for the grand jury was ma made e b by County Attorney Raymond Raymond Ray Ray- mond He refuses to make a statement as u to the nature of ot the evidence evi evi- dence to be considered The Boise State bank was closed by order of State Bank PI Plait tt after he had made mado an examination and found it was wa under the leal lelal reserve The made mad every effort to save the Institution even going so tAr far aa I placing ita condition before th the clearing house before the failure but the sary money could not be raised Expert accountants account have been boen plc placed on the books and are aro said to have hav discovered dis dis- covered evidence of a criminal nature which will be presented to the grand Jury The banks bank's toW total deposit at at tha tho time of failure as all shown by tha book waa aa It hAd on hand only HO 80 while I IU 8 securities notes nates and Pap paper or were ere found to be poor collateral Edward Pa Payne n was wu president of the th institution Many prominent ent men are said to have carried carrle l notes with tho institution |