Bedford County Bank (Montvale, VA)

Episode Information

Episode Type
Suspension โ†’ Closure
Start Date
December 10, 1930
Location
Montvale, Virginia (37.385, -79.731)
Bank Type
state
Routing Number
68-0399

Metadata

Notes

Articles report the bank failed to open and a receiver was appointed; OCR artefacts in articles noted.

Events (2)

1. December 10, 1930 Suspension
Cause
Government Action
Cause Details
Bank failed to open its doors and was closed; receiver appointment followed
Newspaper Excerpt
the Bedford County Bank Montvale which failed on Wednesday to open its doors
Source
newspapers
2. December 10, 1930 Receivership
Newspaper Excerpt
Landon Lowry of Bedford County was receiver for the Bedford County Bank Montvale which failed on Wednesday to open its doors and said yesterday; Landon Lowry... Is Appointed by Circuit Court
Source
newspapers

Newspaper Articles (3)

Article from Richmond Times-Dispatch, December 12, 1930

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Article Text

Landon Lowry Named County Bank Receiver

Landon Lowry of Bedford County was receiver for the Bedford County Bank Montvale which failed on Wednesday to open its doors and said yesterday The bank was capitalized at


Article Text

MONTVALE BANK RECEIVER

Landon Lowry, Bedford Attorney, Is Appointed by Circuit Court

Dec. 10 was appointed today by circuit receiver the Bedford County Bank at MontThis bank closed its doors Wednesday.

Richmond, Dec. BrisState announced today that the Bedford County Bank, Montvale, had closed for business, as receiver had been appointed for the Mr. Bristow said, effort was being made by Ritchie, the office, vestigating the status of the bank to for The bank was capitalized at $20,000. Price was president and Caldwell, cashier. Bristow said in the absence of detailed report from Mr. Ritchie, he for bank's condition, except prevailing business conditions The Montvale the first Bedford county bank close its in recent years, the commissioner said.


Article Text

MONTVALE BANK RECEIVER

Landon Lowry, Bedford Attorney, Is Appointed by Circuit Court

Dec. 10 was appointed today by circuit receiver the Bedford County Bank at MontThis bank closed its doors Wednesday.

Richmond, Dec. BrisState announced today that the Bedford County Bank, Montvale, had closed for business, as receiver had been appointed for the Mr. Bristow said, effort was being made by Ritchie, the office, vestigating the status of the bank to for The bank was capitalized at $20,000. Price was president and Caldwell, cashier. Bristow said in the absence of detailed report from Mr. Ritchie, he for bank's condition, except prevailing business conditions The Montvale the first Bedford county bank close its in recent years, the commissioner said.