Article (Paducah Evening Sun, 1910-09-21) reports Farmers' Bank of Salvisa placed 'in the hands of a receiver' after a $8,000 discrepancy discovered and the cashier resigned. No mention of a depositor run; receiver assigned indicates permanent closure/receivership.
Events (2)
1.September 21, 1910Receivership
Newspaper Excerpt
The Farmers' bank is in the hands of a receiver.
Source
newspapers
2.September 21, 1910Suspension
Cause
Bank Specific Adverse Info
Cause Details
Discovery of an $8,000 discrepancy in the bank's books and cashier resignation led to bank being placed in receivership.
Newspaper Excerpt
The Farmers' bank is in the hands of a receiver. A discrepency of $8,000 in the books was discovered. Cashier C. E. Gaines has resigned.
Source
newspapers
Newspaper Articles (1)
1.September 21, 1910The Paducah Evening SunPaducah, KY
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Article Text
Bank Books Irregular. Salvisa, Ky., Sept. 21. (Special.)- The Farmers' bank is in the hands of a receiver. A discrepency of $8,000 in the books was discovered. Cashier C. E. Gaines has resigned. |