Show i f fear of run on institution causes one of the strongest banks in montana to close up the statement is made that the bank as solvent rind that the de pos tors W I 1 receive their money with n the next sixty days butte the state savings bank of butte one of the largest institutions of the 1 ind in montana which was generally spoken of as the heinze bank closed its boors shortly after 10 clock thursday morning this was the result of a meet ing of the directors who posted thib notice on the door bebau e of unsettled humors that cannot be verified that may cause unusual and excessive demands by de po and owing to a shortage of currency and inability to secure ad dit ional currency immediately with which to pay demands which may be made the management has decided it advisable in the interests of all depos igors to su d for the time being the bank is solvent it is stated that the bank Is sol vent and will pay out inside of sixty days otto heinze is co did not owe the bank a dollar and F A heinze owes it less than which is amply secured mr I 1 argey dent owes it about 7 and he is able to pay many times that amount the bank holda on hand about and its deposits amount to abo it 3 there are about 6 de po and of this number are commercio deposits the others are savings of worl ing men and women the directors announce that they will proceed with the building of the new bank which Is nearing completion and which will cost state Exa collins will take charge of the bank |