Show MOAB BANK CLOSES TO MAKE RE readjustment adjustment I 1 la in order to readjust read juet if its affair affairs to meet the conditions brought about by the present financial dt depression the moab state bank fild failed tf td open its it doore doors monday morning and the insel aution baa has temporarily suspended ut bull busi nee according to the moab ti tle es ie Is dependent tl tf bank ii Is in no way ip solvent an and a just as a soon as a arrange ments now under negotiation ere are coa con summated um mated it will reopen for business busin eee according to statements made by its it officers of ficera today and authorized by the tato state bank commissioner the bank was wa voluntarily closed by ite ito officers offic erg who ml folt that the sooner the situation was met and adjusted the belt beit it boull be for all parties concerned ned due to large loans on livestock and the depression at thie this time I 1 in the 11 live tock stock buala pae the baak bank has had dif faculty to keep up its it reserves al though according to state flank bank liam iner W E alvans who made a careful examination of the bank two week weeks ago th loans of the bank are well be e cured the stock mea however I 1 hae haie been unable to sell ell fettle cattle or sheep to advantage ani sill have consequently been unable to pay the notes motes when due the best Inter lr r decoration decorations are growing boye boys they never strike some peole flay politic politics but mot moat of f them that get anywhere work at it |