Article Text
LIQUIDATE GROVER BANK liquidation work for the State Bank of nounced week the payment dividend five the will have 35 percent from liquidation of assets. The bank suspended July 30, 1927.
17646. State Bank (Grover, SD)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- July 30, 1927
- Location
- Grover, South Dakota (44.814, -97.269)
Metadata
- Model
- gpt-5-mini
- Short Digest
aba8361131452a49
Response Measures
None
Description
Article states the State Bank of Grover suspended July 30, 1927 and is being liquidated as of the 1932 article, with a 35% dividend from liquidation of assets. No run is mentioned. Cause of suspension not specified in the clipping; liquidation/receiver work is described in 1932.
Events (3)
1.
July 30, 1927
Suspension
- Cause Details
- Article does not specify the reason for the suspension; only the suspension date is given.
- Newspaper Excerpt
- The bank suspended July 30, 1927.
- Source
- newspapers
2.
July 31, 1932
Other
- Newspaper Excerpt
- LIQUIDATE GROVER BANK ... will have 35 percent from liquidation of assets. The bank suspended July 30, 1927.
- Source
- newspapers
3.
July 31, 1932
Receivership
- Newspaper Excerpt
- liquidation work for the State Bank ... will have 35 percent from liquidation of assets.
- Source
- newspapers
Newspaper Articles (1)
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