Short notice states a receiver was appointed for the defunct Newport, Ky., bank; no mention of a prior run or temporary suspension โ permanent closure with receiver fits suspension_closure. The note that 'Mr. Brown received all the funds beforehand' is reported but the article gives no details about wrongdoing or timing, so no further inference made.
Events (1)
1.November 23, 1900Receivership
Newspaper Excerpt
A RECEIVER has been appointed for the defunct Newport, Ky., bank, but Mr. Brown received all the funds beforehand.
Source
newspapers
Newspaper Articles (1)
1.November 23, 1900The Columbia HeraldColumbia, TN
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Article Text
A RECEIVER has been appointed for the defunct Newport, Ky., bank, but Mr. Brown received all the funds beforehand.