Article Text
BANK FAILS TO OPEN
Ind., Sept. bank of New Carlisle, Joseph failed its doors today, Luther F. Symons, state banking announced. and lack of credit the board of to close the institution, according Deposits were nearly $100,000.
Bank of New Carlisle (New Carlisle, IN)
Episode Information
- Episode Type
- Suspension → Closure
- Start Date
- September 28, 1931
- Location
- New Carlisle, Indiana (41.700, -86.509)
- Bank Type
- trust
Metadata
Notes
OCR errors in the article; closure ordered by state banking board due to lack of credit.
Events (1)
1.
September 28, 1931
Suspension
- Cause
- Government Action
- Cause Details
- State banking board announced closure due to lack of credit; bank failed to open and was ordered closed.
- Newspaper Excerpt
- BANK FAILS TO OPEN ... bank of New Carlisle ... failed its doors today, Luther F. Symons, state banking announced ... lack of credit the board ... to close the institution.
- Source
- newspapers