Article states bank 'closed its doors' and will 'wind up their business'—no receiver mentioned.
Events (2)
1.April 1, 1914*Run
Cause Details
Article only reports several days run without specifying trigger or rumors.
Newspaper Excerpt
The Citizens Bank of Junction City closeu its doors on Tuesday morning, after a several days run.
Source
newspapers
+27 days
2.April 28, 1914Suspension
Cause Details
Bank closed its doors and is winding up business; no receiver or government action mentioned.
Newspaper Excerpt
The Citizens Bank of Junction City closeu its doors on Tuesday morning, after a several days run.
Source
newspapers
Newspaper Articles (1)
1.May 2, 1914The Huttig NewsHuttig, AR
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Article Text
The Citizens Bank of Junction City closeu its doors on Tuesday morning, after a several days run. The officers claim, however, that they will be able to pay all depositors in full as soon as they can wind up their business.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.