Article reports appointment of a receiver (Gideon A. Blewett) effective Feb 27, 1932, indicating the bank was taken into receivership and therefore closed. No articles mention a depositor run prior to suspension.
Events (2)
1.February 27, 1932Receivership
Newspaper Excerpt
Gideon A. Blewett of Ottawa has been appointed receiver for the Williamsburg State bank effective Monday.
Source
newspapers
2.February 27, 1932Suspension
Cause
Government Action
Cause Details
Bank placed in receivership (receiver appointed by authority), indicating suspension of operations and government action to take control.
Newspaper Excerpt
Gideon A. Blewett of Ottawa has been appointed receiver for the Williamsburg State bank effective Monday.