Banks Offer Aid to Belfast Savings Bank in Liquidation
Belfast Maine March 31 Commercial banks of this city have offered to help Bank Commissioner Fred F. Lawrence straighten out the Belfast Savings Bank which closed its doors last Wednesday The National City Bank would assume liabilities and assets with no liquidation delay If accepted depositors will likely receive 109 cents on the dollar through plans backed by local business and financial interests Heavy railroad stock and low bond values contributed to the trouble prompting the Trustees to close the bank and protect interest payments Depositors numbering about 38761 are being aided by the National and Waldo Trusts through loans on the bricks.
MENTIONED IN THIS ARTICLE
Belfast
Fred F. Lawrence
Belfast Savings Bank
National City Bank
National
Waldo Trusts
Br Oaks
Dozes by Stove Burns Woman in Stamford Home
In Stamford Conn March 31 a Cal girl 3 years old born Needles awoke at 4 am and read a newspaper near a coal fire. Her clothing caught fire and she ran upstairs as parents smothered flames. She died in Stamford Hospital from burns and inhalation.
MENTIONED IN THIS ARTICLE
Stamford
Conn
A. Ll. Huber
Needles
Cal
Samuel Cook
Stamford Hospital
Bitter attack on Swig aimed at banking probes
Speaker B Loring Young moved to send Allen bank report copies to depositors and creditors of five closed Boston banks. The measure was defeated, delaying any legislative bank inquiry this year while a hearing on Simon Swig and others was planned for Monday. An attempted special committee to probe all state banking affairs was unlikely to pass.
MENTIONED IN THIS ARTICLE
Simon Swig
Tremont Trust Company
B. Loring Young
Weston
House of Representatives
Joseph C. Allen
Boston
the Coyne
Young
House
Executive Council
Allen
Swig
T. J. Driscoll
State House
Boston Lawmakers Clash Over Bank Scandals In Heated Hearing
In a tense session Representative Lomasney denounced Boston financiers as brazen thieves who robbed the poor, urging tougher banking laws and legal action. The assembly voted to distribute the bank commissioner’s statement, adopting the measure by near unanimity as part of the ongoing critique of the Fidelity Trust Company closure.
MENTIONED IN THIS ARTICLE
Young
Commonwealth
Allen
Martin M.lomasney
Boston
Edwin T. McKnight
State Senate
Fidelity Trust Company
Lomasney
Witness in Twitchell murder trial testifies on Campbell killing
In Dover-Foxcroft Maine on March 31 George McDonald testified at the Allan A. Twitchell murder trial. McDonald who pleaded guilty to manslaughter described how he and Twitchell crept to Campbell's Northeast Carry farmhouse with rifles and removed their shoes before the shooting.
MENTIONED IN THIS ARTICLE
Dover-Foxcroft
Allan A. Twitchell
William Campbell
George McDonald
McDonald
Twitchell
Campbell
Northeast Carry
Eyewitness Testimony Ends State Rest Case
McDonald testified haltingly yet firmly under cross examination. The State rested its case after his testimony and the defense offered wit.
MENTIONED IN THIS ARTICLE
McDonald
Twitchell Murder Case Hears Defense Plan to Call Twitchell
Defence counsel indicated Twitchell would take the stand the following day as witnesses discussed the defendant's intoxication on the night of the murder. The trial adjourned with the defense preparing to present Twitchell's testimony.
Also Mentioned on This Page
Hood
H. P. Hood & Sons, Inc
University
Young Flags
Representa
Henry Ford
Sallie Eosreeh
New York Evening Post
Reilly & Lee
Chicago
Eri
Cvi
Gilchrist
Gilchrist Co
the Hills Brothers Co
State St
Mass
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