gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
5143a75505438cf1
Response Measures
None
Receivership Details
Depositor recovery rate
50.0%
Date receivership started
1932-10-24
Date receivership terminated
1937-09-25
Description
Article is brief and OCR-corrupted; indicates receiver selling fixtures but gives no prior suspension/run details.
Events (4)
1.December 13, 1902Chartered
Source
historical_nic
2.January 22, 1931Voluntary Liquidation
Source
historical_nic
3.October 24, 1932Receivership
Source
historical_nic
4.January 7, 1933Receivership
Newspaper Excerpt
Jan bank and National Bank Masontown of bank receiver. The proceeds accumulating payment bank dividend to depositors In the future.
Source
newspapers
Newspaper Articles (1)
1.January 7, 1933The Daily CourierConnellsville, PA
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Article Text
To Sell Bank Fixtures.
Jan bank and National Bank Masontown of bank receiver. The proceeds accumulating payment bank dividend to depositors In the future.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.