Article (Mount Vernon Signal, 1912-11-01) states First State Bank of Middlesboro has suspended business and Col. R. C. Ford has been appointed to wind up the affairs of the bank. No run or withdrawals are mentioned; a receiver/agent was appointed to wind up affairs, indicating suspension followed by closure/receivership.
Events (2)
1.November 1, 1912Receivership
Newspaper Excerpt
Col. R. C. Ford of that city has been appointed to wind up the affairs of the bank. Col. Ford is President of the First National Bank of Middlesboro. (appointment to wind up affairs indicates receiver/agent).
Source
newspapers
2.November 1, 1912Suspension
Cause Details
Article gives no cause; simply reports suspension and appointment to wind up affairs.
Newspaper Excerpt
The First State Bank of Middlesboro, has suspended business.
Source
newspapers
Newspaper Articles (1)
1.November 1, 1912Mount Vernon SignalMount Vernon, KY
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Article Text
The First State Bank of Middlesboro, has suspended business. Col. R. C. Ford of that city has been appointed to wind up the affairs of the bank. Col. Ford is President of the First National Bank o! Middlesboro.