BANKS LOSE MONEY.
Theft and Default Robbing Citizens. MICHIGAN RESIDENTS ROUSED. (Received 1.30 p.m.) CHICAGO, October 29. A message from Lapeer, Michigan, 6tates that local residents are aroused over the continued attrition of their funds, which are being held in closed banks by the Conservator. One State bank is being held to trial for alleged defalcation of 4000 dollars after the bank had been ordered to close, and to-day another county savings bank, which recently shut down, was raided by bandits, who escaped with a sum" estimated at 2000 dollars.
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Bibliographic details
Auckland Star, Volume LXIV, Issue 256, 30 October 1933, Page 7
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90BANKS LOSE MONEY. Auckland Star, Volume LXIV, Issue 256, 30 October 1933, Page 7
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