The former quarter of the Franklin-American Company at 716-18 Locust Street, purchased by a new bank, as yet unnamed, headed by Byron Moser, who resigned last week as president of the Security National Bank Savings and Trust Company. The four-story building was aquired from the Franklin-American Trust Company with a leasehold assignment. The structure is apprasied at 1155,00 for assessment purposes. It is planned to remove the stone columns and bring the entire front of the structure out to the street level.
Depositors rushto withdraw savings following $1,00,000 robbery in St. Louis in St. Louis Bank. St. Louis, MO…A long line of depositors entering the doors of the Grand National Bank (left) after news of the robbery of $1,00,000 from its safety deposit boxes had spread. Three men are being held in $50,000 bond each in connection with the robbery, which, police say was an inside job.
These are the receipts Ed Mays, president of the Grand National Bank, got when he gave the banks's insurance company cashier's checks for the $140,000 reward for the return of the $822,000 in bonds stolen from his bank. One check was for $65,000 and the other for $75,000, and both were dated January 19. The reciepts were signed by Emmett M. Mayers, resident vice president of the insurance company.
The delivery boy's boss takes the check, drawn on the customer's bank, the First National Bank in St. Louis, and deposits it in his own institution, the Mercantile-Commerce Bank and Trust Company.