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Show LEHI BANK CLOSED CI BAI EXAMINER Shortly after the opening hour Wednesday tho People's llank of Lehl doors wero closed nnd business suspended by order ot the Stnte Hank Examiner. Prom Information obtained, the Inability In-ability of the bank to liquidate its loans nnd the general tightness ot money drew tho bank working capital capi-tal to such a low point that under the stato laws they could not continue contin-ue business and tho nank Commissioner Commis-sioner took charge. It Is generally bclloed by those closely connected with the bank thnt depositors will not lose anything and some go as far ns to say tho stockholders stock-holders will not lose, cither. No stntd mint on this phaso of the matter could be obtained ns no ono 'seemed to know yet Just how long n time It will tako to straighten out the affairs. af-fairs. When nsked If they would again open, officials said no decision on this point had been reached. People should not loso their head or confldcnco In banks because of the misfortune of the Ichl condition. Our banking system ns checked by the State Commissioner protects the depositors de-positors and no worry among depositors de-positors In other banks should follow fol-low this. |