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A BANK FAILS

ALLEGATIONS AGAINST PRESIDENT. By Telegraph—Press Association —Copyright (Times —Sydney "Sun” Special Cables.) NEW YORK, February 10. The Mercantile Bank at Memphis has closed its doors. The deficit is £150,000. It is alleged that the bank president misappropriated the money and lost it in speculations. He has been arrested on a charge of embezzlement.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZTIM19140212.2.53

Bibliographic details

New Zealand Times, Volume XXXVIII, Issue 8654, 12 February 1914, Page 5

Word Count
56

A BANK FAILS New Zealand Times, Volume XXXVIII, Issue 8654, 12 February 1914, Page 5

A BANK FAILS New Zealand Times, Volume XXXVIII, Issue 8654, 12 February 1914, Page 5