Vault could not be opened because a time lock was set incorrectly; business was 'practically suspended' until vault could be opened at 1 PM the same day. No run or receivership mentioned; this appears to be a brief operational suspension with resumption.
Events (1)
1.December 3, 1908Suspension
Cause Details
Vault could not be opened due to a mistaken setting of the time lock (set for later time than usual).
Newspaper Excerpt
Business at the bank of Newberry, Pa., was practically suspended because the vault could not be opened until 1 o'clock. A mistake was made in setting the time lock, which usually is set for 8 o'clock.
Source
newspapers
Newspaper Articles (1)
1.December 3, 1908The Manitowoc PilotManitowoc, WI
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Article Text
Business at the bank of Newberry. Pa., was practically suspended because the vault could not be opened until 1 o'clock. A mistake was made in setting the time lock, which usually is set for 8 R o'clock it. 111.