OCR-corrected fragment indicates the First National Bank of Grove had previously closed its doors and was reopened after the introduction of capital. The article (Oklahoma Weekly Leader, 1926-01-07) reports the institution reopened on that date. No mention of a depositor run is present; cause appears to be a capital/financial deficiency resolved by new capital.
Events (4)
1.December 30, 1911Chartered
Source
historical_nic
2.January 7, 1926Reopening
Newspaper Excerpt
the Institution reopened this was today. ... with the introduction capital and the Institution reopened this was today.
Source
newspapers
3.January 1, 1933Voluntary Liquidation
Source
historical_nic
4.*Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank had closed its doors due to insufficient capital/financial difficulties (implied); later recapitalization arranged.
Newspaper Excerpt
National bank Grove which closed doors first
Source
newspapers
Newspaper Articles (1)
1.January 7, 1926Oklahoma Weekly LeaderGuthrie, OK
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Article Text
Jan National bank Grove which closed doors first, has been made with the introduction capital and the Institution reopened this was today.