Article (Czech) states John J. Ghinger, bank commissioner, was appointed receiver of Mercantile Savings Bank (article date 1935-01-04) and that the bank had been under the commissioner's control since the bank poprask (failure) in spring 1933. No explicit run is described in the provided text. I therefore classify this as a suspension that led to permanent closure/receivership. I inferred the 1933 suspension from the phrase indicating the bank was under control since spring 1933; the 1935-01-04 receivership date is explicit in the article.
Events (2)
1.March 1, 1933*Suspension
Cause
Macro News
Cause Details
Bank placed under commissioner control after the banking failures/panic in spring 1933 (article states bank had been under control since spring 1933).
Newspaper Excerpt
jež byla pod kontrolou komisaře již od bankovního poprasku na jaře roku 1933.
Source
newspapers
2.January 4, 1935Receivership
Newspaper Excerpt
John J. Ghingher, bankovní komisař, ustanoven byl receivera Mercantile Savings banky, jež byla pod kontrolou komisaře již od bankovního poprasku na jaře roku 1933.
Source
newspapers
Newspaper Articles (1)
1.January 4, 1935TelegrafBaltimore, MD
Click image to open full size in new tab
Article Text
# Mercantile banka v rukou receivera.
John J. Ghingher, bankovní komisař, ustanoven byl receivem Mercantile Savings banky, jež byla pod kontrolou komisaře již od bankovního poprasku na jaře roku 1933.