Notice that the Special Banking Commissioner is conducting a public sale of notes owing to the bank (dated in the paper 1934-08-09) indicates the bank was in the custody of banking authorities (receivership/closure). No mention of any run; no reopening mentioned.
Events (1)
1.August 9, 1934Receivership
Newspaper Excerpt
public sale, by Hiatt, Special Banking Commissioner, of notes owing the Bank. This sale will be People's August 20, 1:30 p.m. at Mt. Vernon, Ky.
Source
newspapers
Newspaper Articles (1)
1.August 9, 1934Mount Vernon SignalMount Vernon, KY
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Article Text
PEOPLE'S BANK NOTE SALE
On the back page of this issue will be found the public sale, by Hiatt, Special Banking Commissioner. of notes owing the Bank. This sale will be People's August 20, 1:30 m. at Mt. Vernon, Ky.