Article Text
BONDURANT BANK FAILS TO OPEN DOORS The State Bank of Bondurant, failed to open its doprs Wednesday morning. The bank was closed by order of the directors,after a heavy run late Tuesday afternoon.
2691. State Bank (Bondurant, IA)
Bank Information
- Episode Type
- Run → Suspension → Unsure
- Bank Type
- state
- Start Date
- September 8, 1931
- Location
- Bondurant, Iowa (41.701, -93.462)
Metadata
- Model
- gpt-5-mini
- Short Digest
ce6962e9f5162e1b
Response Measures
None
Description
Article (Altoona Herald, 1931-09-10) reports a heavy run on the State Bank of Bondurant late Tuesday (Sept 8, 1931) and that the bank failed to open its doors on Wednesday (Sept 9, 1931) after directors ordered it closed. The brief notice gives no cause for the run and does not state whether the bank later reopened or was placed in receivership, so the sequence is a run followed by suspension with outcome unclear.
Events (2)
1.
September 8, 1931
Run
- Cause Details
- Article only reports a heavy run; no cause or trigger given.
- Measures
- None reported prior to closure; directors ordered the bank closed after the run.
- Newspaper Excerpt
- The State Bank of Bondurant...was closed by order of the directors, after a heavy run late Tuesday afternoon.
- Source
- newspapers
2.
September 9, 1931
Suspension
- Cause Details
- Closed by order of directors following heavy run the previous day; article does not specify government action or receivership.
- Newspaper Excerpt
- BONDURANT BANK FAILS TO OPEN DOORS The State Bank of Bondurant, failed to open its doors Wednesday morning. The bank was closed by order of the directors...
- Source
- newspapers
Newspaper Articles (1)
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