Article Text
To Sell Bank Fixtures. Jan bank and National Bank Masontown of bank receiver. The proceeds accumulating payment bank dividend to depositors In the future.
16375. Masontown National Bank (Masontown, PA)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- national
- Bank ID
- 6528
- Charter Number
- 6528
- Start Date
- January 7, 1933
- Location
- Masontown, Pennsylvania (39.847, -79.900)
Metadata
- Model
- gpt-5-mini
- Short Digest
29ec4496a0996a5f
Response Measures
None
Receivership Details
- Depositor recovery rate
- 50.0%
- Date receivership started
- 1932-10-24
- Date receivership terminated
- 1937-09-25
Description
OCR is poor in the snippet. The article (Jan 7, 1933) states the Masontown National Bank is in the hands of a receiver and that bank fixtures are to be sold to pay depositors, indicating the bank was closed and placed in receivership. No run is mentioned in the text; closure by receiver implies government action/official closure. Dates are taken from the newspaper publication date.
Events (5)
1.
December 13, 1902
Chartered
- Source
- historical_nic
2.
January 22, 1931
Voluntary Liquidation
- Source
- historical_nic
3.
October 24, 1932
Receivership
- Source
- historical_nic
4.
January 7, 1933
Other
- Newspaper Excerpt
- To Sell Bank Fixtures. ... bank fixtures ... of bank receiver. The proceeds ... payment ... to depositors
- Source
- newspapers
5.
January 7, 1933
Receivership
- Newspaper Excerpt
- Jan bank and National Bank Masontown of bank receiver. The proceeds accumulating payment bank dividend to depositors In the future.
- Source
- newspapers
Newspaper Articles (1)
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