OCR Text |
Show LARGE LOANS TO DIRECTORS, Massachusetts Bank Closed By Order ' of National Bank Examiner, Washington. Tho comptroller of tho currency has received advices by telegraph from National Bank Examiner Exam-iner Ewer thnt tho First Natlonnl Bank of Chelsea, Mass., has been closed by notion of tho directors. Ex-nmlnor Ex-nmlnor Ewer has been appointed ro-colvcr. ro-colvcr. Tho failure ot tho bank Is ro-ported ro-ported by the examiner to be duo to lnrge, excesslvo loans to officers nnd directors ot tho bank. |