Article Text
FAGAN QUITS BANK JOB; AYRES NAMED New Bern, July 1 (AP)-Fred Ayres of Washington, N. C., was appointed receiver of the Bank of New Bern and four other national banks in this section today succeeding Frank F. Fagan, resigned.
10530. Bank of Newbern (Newbern, NC)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- July 1, 1937
- Location
- Newbern, North Carolina (35.108, -77.044)
Metadata
- Model
- gpt-5-mini
- Short Digest
187dd684e4c1e22c
Response Measures
None
Description
Article (AP dispatch) reports appointment of a receiver for the Bank of New Bern on July 1, 1937. No mention of a depositor run in the provided text; receiver appointment implies the bank closed and entered receivership. User-supplied bank name/city ('Bank of Newbern' / 'Newbern, NC') appears to be a typo/formatting variant — the newspaper text uses 'Bank of New Bern' (New Bern, NC).
Events (1)
1.
July 1, 1937
Receivership
- Newspaper Excerpt
- Fred Ayres ... was appointed receiver of the Bank of New Bern and four other national banks in this section today succeeding Frank F. Fagan, resigned.
- Source
- newspapers
Newspaper Articles (1)
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