The sole article is a notice (Feb 1, 1866) signed by W. C. McClure as Receiver stating the Bank of Memphis will redeem its issues at the office โ indicating the bank is in receivership (i.e., failed/closed). The notice does not describe any prior run or suspension explicitly, but receivership implies permanent closure; therefore classified as suspension_closure. OCR appears correct for names and date.
Events (1)
1.February 1, 1866Receivership
Newspaper Excerpt
NOTICE. BANK OF MEMPHIS, MEMPHIS, February I, 1866. THE issues of this Bank will be redeemed in legal tender notes, at par, on presentation at this office. W. C. McCLURE, Receiver.
NOTICE. BANK OF MEMPHIS, MEMPHIS, February I, 1866. FET HE issues of this Bank will be redeemed in T legal tender notes, at par, on presentation at this office. W. C. McCLURE, feb2 lw Receiver.