Show minneapolis BANKS FAIL followed by a large trust company bank liabilities small arnst company liabilities half a million and exceed iho assets minneapolis dec 30 tha cautere Cau kere exchange went into aba bande ot hank examiner this mor depositors po had drawn out about the lei daye aad president field concluded to close up he had in the vaults nearly 30 percent of all the money on deposit the bank is lesi than a year old having been incorporated last may its loans and discounts disco unta ai 68 OO 00 Us capital and ita depolite depo eite about depositors will be paid in fall and a fair ill be lell for stockholders oree maxwell vice president of the northern trust company made application his mornin for a receiver of the A R megill governor ex of minnesota la prebi dent of the organization the following statement was issued by the compan company has tor some time been pecking to realize upon ate loans and and has until now been able to maintain itself without but the present depressed condition of ia such that gitlia been unable to realize as it had hoped and the suspension within two or three of the banks of the city in which was some of its available bunde has somewhat embarrassed it in the transaction of IB independent of ita assets the company has a lift of responsible who are abundantly able to make good any deficiency that result from depreciation in value ot ita assets that the creditors of the company need have no as to the ultimate result their claim will be paid in full even if the com pany le bof permitted to lin mediately reduce business as Is now hoped the of the company about jodee jamison bened a order re tunable at 10 tomorrow to morriw morning judge bendel deigned an anler this morning judge A raelind receiver of the washington bank under a bond of the petition recites that the bank has more liabilities than abets deputy comptroller coffin is idill in charee ot the columbia national bank awaiting he arrival of bank examiner booke the and Mec banica bank ir sued a notice this miming requiring all to give sixty days notice before baic permitted to withdraw depo eite tiie bank A bay ID a bad in its vault the clearing ahouee held and ree olred to stand by all 0 the baade which are or animation |