Times Independent | 1933-03-23 | Page 1 | Government to Help Banks

G01 Government Gosernnient , ernment to Help BanksSCOl BanksScoles Banks BanksScoies SCOl Scoies Scoles es of closed or restricted banks banksthroughout banksthroughout banksthroughout throughout the country couhtry are bemg being bemgcareful1y beingcarefully beingcarefully careful1y carefully examined b by ' employes empboyes of the thereconstruction thereconstruction thereconstruction reconstruction finance fmanc corporatIonVIth corporation \VIth VIth with \ witha VItha a view to purchase of preferred stock stockby stockby stockby by that governmental governnlental governniental agency so that thatthe thatthe thatthe the institutions may reopen The cor- cor corporation corporation cor corporation - - poration Is empowered under the thebanking thebanking thebanking banking act ipass&d ipassd tpassed passed & March 9 to go into intopartnershIp intopartnership intopartnership partnershIp with banl bankers ers through pur- pur pun- pun purchase punchase pur purchase - chase of preferred stock , thus supply supply- supplying supplyIng supplying - ing capital for reopening