Word: banke
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Dates: during 1940-1949
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...State Bank of tiny (pop. 150) Virgil is a two-story, stucco-covered brick building on a nameless blacktop road. It has 500 depositors, $707,000 in deposits and assets, and five directors, most of them retired farmers, all but one, members of the same family. It is the sort of crib that "Pretty Boy" Floyd could crack while sucking tomato seeds from between his teeth...
...been held up three times: for $4,090 last October; $1,750 the next month; $1,917 in January. The third time, a customer was shot in the hip when the gun went off in a nervous bank-robber's hand. Each time the robbers were captured and speedily bustled off to prison; the police recovered $2,817 of the loot, and insurance made up the rest-but the stickups made a deep impression on the bankers...
That holdup gave the bankers pause. It gave more than that to tall, timid Leo Schramer, 41-year-old cashier. Said his uncle, Bank President William Schramer last week: "That poor cashier is a nervous wreck. Why, Leo's lost 20 pounds since the last holdup...
...just learning the reason: more than half of them are unable to pay their bills. China's war and inflation have destroyed parental bank accounts, interrupted remittances. At least 2,500 students are without money for either rent or tuition...
...Lockheed, thanks to big military orders, got out of the red in 1948 and hoped to do better this year. It had worked its bank debt from $27,000,000 down to $6,000,000 and has a $195,900,000 backlog, compared to $124,820,000 a year...