OCR of the article is poor. The December 16, 1933 clipping records McMahon appointed receiver for Canton State Bank (deposits/capital numbers garbled). No article text indicates any public run prior to the receivership; only a receiver appointment is reported, implying closure by regulatory action.
Events (1)
1.December 16, 1933Receivership
Newspaper Excerpt
McMahon Appointed Canton Bank Receiver ... appointed comptroller ... currency
Source
newspapers
Newspaper Articles (1)
1.December 16, 1933Argus-LeaderSioux Falls, SD
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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