A COMPASSIONATE VOTE
SEQUEL TO BANK CRASH. OTTAWA, June 28. When the Home Bank failed last year thousands of small depositors lost their all. Parliament has now passed a compassionate vbte of three million dollars, from which till depositors having deposits of five hundred dollars or less with the bank at the time of .failure will receive 25 per cent, of the amount. Larger depositors will have to prove straitened circumstances before they benefiv. Some time ago the directors of the Home Bank were convicted and given sentences itanging from one to ten years. The Appeal Court quashed the conviction on a technicality.
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Bibliographic details
Wanganui Chronicle, Volume LXXXII, Issue 19347, 30 June 1925, Page 12
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103A COMPASSIONATE VOTE Wanganui Chronicle, Volume LXXXII, Issue 19347, 30 June 1925, Page 12
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