Article (Beatrice Daily Sun, 1930-06-17) reports Commissioner George Woods announced the closing of Arnold State Bank at Arnold by action of its stockholders. No run or depositor panic is mentioned; closure appears voluntary or stockholder-initiated and permanent.
Events (1)
1.June 16, 1930Suspension
Cause
Voluntary Liquidation
Cause Details
Closing announced by state banking commissioner at action of the bank's stockholders; appears to be a voluntary/stockholder-initiated closure.
Newspaper Excerpt
Commissioner George Woods announced today the closing of Arnold State bank at Arnold action of its stockholders
Source
newspapers
Newspaper Articles (1)
1.June 17, 1930Beatrice Daily SunBeatrice, NE
Click image to open full size in new tab
Article Text
BANK CLOSED
LINCOLN, June 16 (/P) Commissioner George Woods nounced today the closing of Arnold State bank at Arnold action of its stockholders, positors to determine ture action will be held