Bank's Doors Closed Fails in Seattle Panic
The Scandinavian American Bank of Seattle closed its doors after a failed rescue plan by Ralph and Stacy. State Banking Supervisor John P. Duke warned deposits may be frozen for weeks. The Tacoma failure and wartime value shrinkage blamed for the collapse. Governor Hart met with Duke to discuss relief from the State Depositors Guaranty Fund.
MENTIONED IN THIS ARTICLE
Siemans Sakae
Ralph & Stacy
Pte
Pte To the State Supervisor of Banks
Stacy
Seattle Clearing House Association
John P. Duke
Duke
Scandinavian American Bank
Tacoma Bank
Scandinavian American Bank of Tacoma
Seattle
Hart
Star
Classified Ads Offer Quick Results Highlights
An excerpt notes The Star Classified Ads as a fast route to reach readers. The brief hints at ads delivering quick results and suggests using the classified section for advertising needs.
Dempsey Carpentier Bout Preparations Reach Peak
The arena for the so called fight of the century fills to host 91 000 fans as Dempsey and Carpentier prepare in secret camps. Police fire units run final drills while New York hotels brace for the crowd and betting odds edge downward slightly.
MENTIONED IN THIS ARTICLE
New York
Jack Dempsey
Jersey City
Georges Carpentier
Long Island
Carpentier to face 80,000 fans in Jersey City event
In a feature from Jersey City dated July 1, a preview details Georges Carpentier’s expected appearance amid a crowd of about 80,000. The piece also profiles Scandinavian American bank drama figures including Lindeberg, Chilberg, and Ralph Stacy in Tacoma and Seattle, outlining indictments and leadership changes.
MENTIONED IN THIS ARTICLE
Aquisceer
Jersey City
N. J
Georges Carpentier
Bank closure highlights mismanagement at Scandinavian American
The Star argues the Scandinavian American bank failed due to past mismanagement by leaders including J E Chilberg and J Lindeberg. It notes 21,000 depositors face losses while 10 million dollars remain at risk, praises president S Stacy for steering but warns reforms and safer banks are needed. It references Tacoma's bank collapse and calls for a new banking code to protect the people's money.
MENTIONED IN THIS ARTICLE
Ny Stry Team
TorocSeek
Star
Seattle
Northwest
Rave S. Stacy
Pacific Northwest
Tacoma
Stacy
Cemenaten American Bank
Ole S. Larson
Jafet Lindeberg
San Francisco
California
J. E. Chilberg
Lindeberg
Chilberg
America
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Arena
Jess Willard
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Home Brew
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Witwer
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H. C. Witwer
United Feature
Dafet Lindeberg
J. B. Chilbern
Ralph &. Stacy