Newspaper (Rockingham Post-Dispatch, 1921-06-23) states that the Pink Hill Bank and Trust Co. was organized to succeed the Bank of Pink Hill, which suspended during the spring. Articles give no indication of a depositor run or of government receivership; the suspended bank was succeeded by a newly organized trust company.
Events (3)
1.March 1, 1921*Suspension
Cause Details
Article only states the Bank of Pink Hill suspended during the spring without giving a reason.
Newspaper Excerpt
the Bank of Pink Hill, suspended during the spring.
Source
newspapers
2.June 23, 1921Other
Newspaper Excerpt
The Pink Hill Bank and Trust Co., has been organized at that live Lenoir county town to succeed the Bank of Pink Hill, suspended during the spring.
Source
newspapers
3.June 23, 1921Reopening
Newspaper Excerpt
The Pink Hill Bank and Trust Co., has been organized ... to succeed the Bank of Pink Hill, suspended during the spring.
Kinston.-The Pink Hill Bank and Trust Co., has been organized at that live Lenoir county town to succeed the Bank of Pink Hill, suspended during the spring.