Article states the 'defunct Ovid State bank' and that a dividend was paid to depositors by the receiver, indicating the bank had failed, was in receivership, and remained closed. No mention of a run prior to suspension.
Events (1)
1.November 13, 1906Receivership
Newspaper Excerpt
A dividend of 10 per cent was paid to the depositors of the defunct Ovid State bank of Ovid, N. Y., by Receiver Franels W. Whitwell of this city.
Dividend From Defunet Bank. GENEVA, N. Y., Nov. 13.-A dividend of 10 per cent was paid to the depositors of the defunct Ovid State bank of Ovid, N. Y., by Receiver Franels W. Whitwell of this city.