Article Text
McMahon Appointed Canton Bank Receiver the First was The which has deposits of proximately $350 capital under last cashier Exchange ings bank of Sioux accept appointed comptroller the currency
17571. Canton State Bank (Canton, SD)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- December 16, 1933
- Location
- Canton, South Dakota (43.301, -96.593)
Metadata
- Model
- gpt-5-mini
- Short Digest
1838feb3c29ff55e
Response Measures
None
Description
OCR-corrupted article clearly reports a receiver appointment for the Canton bank (McMahon Appointed Canton Bank Receiver) published 1933-12-16. The text does not mention a run explicitly; receivership indicates the bank was closed and placed in receivership. Exact preceding suspension is not shown in the snippet but receivership implies permanent closure.
Events (1)
1.
December 16, 1933
Receivership
- Newspaper Excerpt
- McMahon Appointed Canton Bank Receiver
- Source
- newspapers
Newspaper Articles (1)
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