Article Text
Thor Bank Closed Doors Friday A. The Thor Savings bank Thor, Its doors Friday morning. closed on the bank is said that to that time several days previous final failure. Peter Lund caused the the bank and president of Newberry cashier.
3828. Thor Savings Bank (Thor, IA)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- savings bank
- Start Date
- October 9, 1931
- Location
- Thor, Iowa (42.688, -94.049)
Metadata
- Model
- gpt-5-mini
- Short Digest
0b8bb582
Response Measures
None
Description
OCR of the article is poor. The short piece (Humboldt Republican, 1931-10-09) reports Thor Savings Bank in Thor, IA closed its doors Friday and refers to a final failure. No explicit mention of a depositor run or reopening; therefore classified as suspension leading to permanent closure. Corrected minor OCR errors in the excerpt when interpreting.
Events (1)
1.
October 9, 1931
Suspension
- Cause Details
- Article states the bank 'closed its doors' and refers to 'final failure' but does not specify a triggering rumor, correspondent failure, or government action; cause unspecified in text.
- Newspaper Excerpt
- Thor Savings bank ... Its doors Friday morning closed ... final failure.
- Source
- newspapers
Newspaper Articles (1)
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