Article reports appointment of a receiver for the 'Merrisonville state bank' (OCR error) indicating the bank was defunct and in receivership. No mention of a prior run in the provided text, so classified as a suspension leading to closure/receivership. Date taken from newspaper publication (1934-05-17).
Events (2)
1.May 17, 1934Receivership
Newspaper Excerpt
William L. O'Connel has been appointed receiver of the defunct Merrisonville state bank.
Source
newspapers
2.May 17, 1934Suspension
Cause Details
Article indicates the bank was defunct and placed in receivership; no cause (run, insolvency trigger) specified.
Newspaper Excerpt
O'Connel Receiver for Bank in Morrisonville ... William L. O'Connel has been appointed receiver of the defunct Merrisonville state bank.
Source
newspapers
Newspaper Articles (1)
1.May 17, 1934The Decatur Daily ReviewDecatur, IL
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Article Text
O'Connel Receiver for Bank in Morrisonville By Staff Correspondent MORRISONVILLE-William L. O'Connel has been appointed receiver of the defunct Merrisonville state bank. Mr. O'Connel also is