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Show STAMPEDE CAUSES BANK TO CLOSE Seattle. Wash , Jan 13. That tho Washington-Alaska bank, of Fair- , banks, which suspended last week. had an overdraft of $1-11,000, with the Dcxter-Horton National bank of Seattle Seat-tle was brought out In the United States district court as a result of the seizure at Cordova, Alaska, Wednesday, Wednes-day, of $101,000 in gold and currency shipped by the defunct Alaska bank to tho local Institution The money seized had been shipped to Seattle to partially cover the overdraft. The failure of the Washington-Alas- ka bank Is attributed indirectly lo the large demands put upon It as a result of the stampedes to the Idltarod, Kus-kowhu Kus-kowhu and other now camps in tho north Following its consolidation with another bank, tho Washington-Alaska bank had deposits In excess of $2,500,-000. $2,500,-000. The fresh gold discoveries caused hundreds to leave Fairbanks. Many , of the stampeders withdrew their do- , posits When the bank closed its doors It had deposits of little more than $1,000,000. |