Short notice states the bank 'recently closed' and that Blackwell was named receiver (Richmond News Leader, 1931-05-07). No mention of a depositor run; therefore classified as a suspension leading to closure/receivership. Limited details in the article.
Events (2)
1.May 1, 1931*Suspension
Cause Details
Article only notes the bank 'recently closed'; no cause given.
Newspaper Excerpt
the Bank Dungannon, Dungannon, Va., recently closed.
Source
newspapers
2.May 7, 1931Receivership
Newspaper Excerpt
Blackwell Named Bank Receiver ... 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.