Article headline and text indicate the Bank of Geneva closed and the State Council ordered an inquiry and a receiver was agreed upon by directors. No mention of a depositor run in the excerpt; closure appears driven by government action/official inquiry. OCR errors in the excerpt (fragmentary lines) were corrected for sense.
Events (2)
1.July 13, 1931Receivership
Newspaper Excerpt
directors ... reached agreement ... immediate receiver. State Council ordered inquiry into its activities.
Source
newspapers
2.July 13, 1931Suspension
Cause
Government Action
Cause Details
State Council ordered an inquiry into the bank's activities; directors agreed to place the bank in receivership and close operations.
Newspaper Excerpt
BANK OF GENEVA CLOSES. State Council Orders Inquiry. Directors ... reached agreement ... immediate receiver
Source
newspapers
Newspaper Articles (1)
1.July 13, 1931The Brooklyn Daily TimesBrooklyn, NY
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Article Text
BANK OF GENEVA CLOSES
State Council Orders Inquiry Its Activities.
July Directors the Bank reached agreement today immediate ceiver The meantime The Geneva State dered