State Bank - Boston, MA

Bank Information

Episode Type: Suspension → Reopening
Bank Type: state
Start Date: May 20, 1933
Location: Boston, Massachusetts (42.358, -71.060)

Metadata

Model: gpt-5-mini
Short Digest: d2709500c99ec041

Response Measures

None

Description

OCR-corrupted article indicates the board of directors of the Boston State Bank filed a circuit court petition to discharge the bank's receiver and to reopen the bank (article dated 1933-05-20). This implies the bank had been placed in receivership (a government action) and the directors are seeking reopening. No run or depositor panic is mentioned.

Events (3)

1. May 20, 1933 Other

Newspaper Excerpt: The petition filed for his discharge report and be acted after filing answer the state banking sioner ... the plan has been approved the commission, seems indicate will favorable.
Source: newspapers

2. May 20, 1933 Receivership

Newspaper Excerpt: The board directors the Boston State bank filed circuit court petition for the charge bank receiver ... petition filed for his discharge ... the plan has been approved the commission, seems indicate will favorable.
Source: newspapers

3. May 20, 1933 Suspension

Cause: Government Action
Cause Details: Bank had a receiver appointed and was under the control of the state banking commissioner/receiver; directors petitioned court for discharge of receiver and reopening.
Newspaper Excerpt: Reopening of Bank at Boston Asked by Board of Directors
Source: newspapers

Newspaper Articles (1)

1. May 20, 1933 The Richmond Item Richmond, IN

Article from The Richmond Item, May 20, 1933

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Article Text

Reopening of Bank at Boston Asked by Board of Directors The board directors the Boston State bank filed circuit court petition for the charge bank receiver and opening the The for the bank, was named Wayne cuit March petition Luther Symons, state banking The petition filed for his discharge report and be acted after filing answer the state banking sioner, which, the light the legations the petition, fect that the plan has been approved the commission, seems indicate will favorable.