Article (dated 1931-07-13) reports the Bank of Geneva 'closes' and that the State Council orders an inquiry; language indicates closure and appointment/arrival of a receiver. No mention of a depositor run prior to suspension in the provided text.
Events (2)
1.July 13, 1931Receivership
Newspaper Excerpt
directors the Bank reached agreement today immediate ceiver The meantime The Geneva State dered (mentions immediate receiver/receiver appointed).
Source
newspapers
2.July 13, 1931Suspension
Cause
Government Action
Cause Details
State council ordered an inquiry and the bank closed; directors reached agreement and an immediate receiver was referenced in the article.
Newspaper Excerpt
BANK OF GENEVA CLOSES State Council Orders Inquiry Its Activities.
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