Newspaper notices state a receiver was appointed in July 1933 and the bank is in liquidation; a dividend paid in 1934. No mention of any depositor run. Sequence indicates the bank suspended/closed and entered receivership/liquidation.
Events (3)
1.July 1, 1933*Receivership
Newspaper Excerpt
The Receiver of the Reece State Bank, Reece, Kansas, was appointed July 1933. CHARLES W. JOHNSON, Receiver (Eureka Herald, 1934-06-14). and Dividend By Reece State Bank ... The receiver of the Reece State Bank, liquidation, will pay dividend ... This is the fourth dividend disbursement since the closed (Eureka Herald, 1934-07-05). (Note: snippets combined from the two notices.)
Source
newspapers
2.July 1, 1933*Suspension
Cause
Government Action
Cause Details
Receiver appointed July 1933; bank placed in liquidation/closed and receiver charged with affairs.
Newspaper Excerpt
The Receiver of the Reece State Bank, Reece, Kansas, was appointed July 1933.
Source
newspapers
3.July 5, 1934Other
Newspaper Excerpt
Dividend By Reece State Bank ... The receiver of the Reece State Bank, liquidation, will pay dividend of twenty cent per $1 ... This is the fourth dividend disbursement since the closed ... Beyer assistant receiver charge of the bank's affairs. (Eureka Herald, 1934-07-05). This notes ongoing liquidation dividends in 1934.
Source
newspapers
Newspaper Articles (2)
1.June 14, 1934The Eureka HeraldEureka, KS
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Article Text
NOTICE
The statutes of Kansas provide that all claims of depositors and other creditors must be filed with the Receiver within one year after the date of his appointment. and if filed such claims shall be barred from participation in the estate of such bank The Receiver of the Reece State Bank. Reece, Kansas, was appointed July 1933. CHARLES W. JOHNSON, 49-2 Receiver
2.July 5, 1934The Eureka HeraldEureka, KS
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Article Text
Dividend By Reece State Bank
The receiver of the Reece State Bank, liquidation, will pay dividend of twenty cent per 13, to holders of certificates issued for claims filed against said bank. This is the fourth dividend disbursement since the closed and makes total per cent paid to depositors during the liquidation period. Beyer assistant receiver charge of the bank's affairs.