Multiple contemporaneous newspapers (Dec 18โ25, 1930) report the Pleasant Hill bank as closing or closed and that township school funds are tied up; no articles mention a depositor run or any reopening. Cause of suspension is not given in the articles (no explicit insolvency cause, government action, or rumor described). Classified as suspension_closure because the bank is reported closed and remains so in these reports.
Events (1)
1.December 18, 1930Suspension
Cause Details
Articles state the bank is closing or suspended but do not specify a cause (no rumors, runs, or government action mentioned). School funds are tied up pending decision regarding the bank's condition, suggesting suspension/closure for unspecified reasons rather than a run-triggered suspension.
Newspaper Excerpt
the closing of the Pleasant Hill bank
Source
newspapers
Newspaper Articles (5)
1.December 18, 1930Troy Daily NewsTroy, OH
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Article Text
AUTHORIZE COUNTY TO PAY BILLS OF SCHOOL
Acting on the opinion of Prosecuting Attorney L. E. Harvey the county board of eduaction Wednesday authorized the payment of the current bills the Newton township board of education by the county auditor from the general fund of the county. The funds of the township board have been tied up because of the closing of the Pleasant Hill bank and this was the only method possible by which the board could pay
2.December 18, 1930Troy Daily NewsTroy, OH
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PLEASANT HILL WILL NOT HOLD INSTITUTE
Officers of the Pleasant Hill farmers' institute announced Thursday that the institute will not be held this year because of the closing of the Pleasant Hill bank.
The suspension of the bank has so affected the financial situation in Newton township that the officers of the institute felt it would be impossible to finance the affair this year.
The dates of the Pleasant Hill institute, January 30 and 31, have been taken by the Elizabeth institute which had been planned for January 12 and 13.
PLEASANT RALLY
Farm Institute Planned in Neighboring Town Will Not Held This of Bank Said to Have Tied Up School Funds Involved.
Troy, Ohio. Dec. the Pleasant Hill farmers institute announced Thursday that the institute will not be held this year because of the closing of the Pleasant Hill bank. The suspension of the bank has affected the financial situation Newton township that the offiof the institute felt would be impossible to finance the affair this year. Newton township school funds. deposited in the closed bank, are also tied up pending decision garding the bank's condition.
4.December 25, 1930Miami UnionTroy, OH
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Article Text
HILL WILL INSTITUTE
Officers the Pleasant Hill farminstitute that the institute not be held this year because the closing Pleasant bank. The suspension of the bank affected the financial situation township that the officers the institute felt would be possible finance the affair this The dates the Pleasant stitute. January and have taken Elizabeth instiwhich had been planned for tute January and
Mrs. John Headley of East Main street left Tuesday month with Leffel, and family.
5.December 25, 1930Miami UnionTroy, OH
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Article Text
HILL WILL INSTITUTE
Officers of the Pleasant Hill farminstitute announced Thursday that the institute will be held this year because the closing Pleasant Hill bank. The suspension of bank has affected the financial situation in Newton township that the officers the institute felt would be possible to finance the affair this The dates of the Pleasant Hill stitute, January and have been taken the Elizabeth institute which had been planned for January 12 and
Mrs. John Headley of East Main street left Tuesday for spend month her Doyle Leffel, and family.