OCR fragment but clearly reports a receiver approved for Murdock State Bank.
Events (1)
1.September 13, 1934Receivership
Newspaper Excerpt
BANK RECEIVER APPROVED ... the Murdock State bank ceiver for by Circuit Judge Joseph
Source
newspapers
Newspaper Articles (1)
1.September 13, 1934The Arthur Graphic-ClarionArthur, IL
Article Text
BANK RECEIVER APPROVED William to George Roller the Murdock State bank ceiver for by Circuit Judge Joseph
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.