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Show BIG BANK CLOSES ITS DOORS. The International Bank & Trust Company Com-pany Unable to Continue. Tho International Bank & Trust company of Amerlcn, W. H. Hunt, president, with branches In Now York nnd vSnn Francisco nnd vnrious points throughout Mexico, has closed Its doors In voluntary liquidation and posted n notlco to thnt effect on tho doors of tho bank nt Mexico City. This Institution has advertised that It has n paid up gold capital of $1,850,-000 $1,850,-000 nnd deposits of nbout $1,500,000 silver. Tho Institution has been In oxlstonco for somo four years, and hnd until recently enjoyed public confidence. con-fidence. Tho cause of tho falluro Is Bald to ho over-lending. Tho depositors depos-itors embraco a largo number of railway rail-way construction contractors and mon of tho English-speaking colony. President Pres-ident Hunt has arrived from New York, but made no statement, thouch Inter tho mnnngomont issued n statement state-ment saying It was deemed best to closo tho doors of tho bank. It was hoped, only temporarily, nnd that tho prospects woro thnt the depositors would not loso n cont. Thoro will bo much distress among depositors, mnny of whom nro contractors con-tractors who camo to tho city to draw funds to pay their men. |