Article fragment (The Times, 1930-03-28) states bank 'voted to liquidate' and to 'protect depositors.' No mention of a depositor run or reopening; indicates voluntary liquidation/closure. OCR is fragmentary but bank and action are clear.
Events (1)
1.March 28, 1930Suspension
Cause
Voluntary Liquidation
Cause Details
Board voted to liquidate the bank to protect depositors (voluntary winding up).
Newspaper Excerpt
voted liquidate protect depositors
Source
newspapers
Newspaper Articles (1)
1.March 28, 1930The TimesHammond, IN
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Article Text
FOR DEPOSITORS
March Thomas Barr, state expected to of books of the bank of Covington. voted liquidate protect depositors, President