OCR-corrected headline indicates a receiver (Blackwell) was named for the Bank of Dungannon, which 'recently closed.' No mention of depositor runs or withdrawals in the article. The action appears to be a closure with a receiver appointed by the state insurance and banking authority (government action).
Events (2)
1.May 7, 1931Receivership
Newspaper Excerpt
Blackwell Named Bank Receiver ... appointment Blackwell receiver for the Bank Dungannon, Dungannon, Va., recently closed.
Source
newspapers
2.May 7, 1931Suspension
Cause
Government Action
Cause Details
State insurance and banking authority appointed a receiver after the bank 'recently closed.'
Newspaper Excerpt
The insurance and banking today appointment Blackwell receiver for the Bank Dungannon, Dungannon, Va., recently closed.
Source
newspapers
Newspaper Articles (1)
1.May 7, 1931The Richmond News LeaderRichmond, VA
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Article Text
Blackwell Named Bank Receiver
The insurance and banking today appointment Blackwell receiver for the Bank Dungannon, Dungannon, Va., recently closed. The Richmond Roof.