Articles (Dec 18, 1934) report the State Savings Bank of Vassar is in receivership and the receiver is paying the sixth dividend to depositors. No mention of a run; the bank is closed and in receivership, indicating a suspension followed by closure. OCR variants in the two copies (e.g., 'Grant receiver' / 'receiver for the objectors') do not change substance.
Events (1)
1.December 18, 1934Receivership
Newspaper Excerpt
Vassar bank receiver pays sixth dividend ... receiver for the State Savings Bank of Vassar today is paying the sixth dividend to the depositors which amounts to 61 per cent in all. The cost of the receivership is less than $100.
Source
newspapers
Newspaper Articles (2)
1.December 18, 1934The Saginaw NewsSaginaw, MI
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Article Text
VASSAR BANK RECEIVER PAYS SIXTH DIVIDEND
(Special to The Saginaw News.) Dec. receiver for the State Savings Bank of Vassar today paying the sixth dividend to the depositors which amounts 61 in The cost of the receivership is less than $100.
M'ADOO QUITS HOSPITAL. Reccovered from attack acute indigestion. Senator William Gibbs McAdoo of California today left Sternberg General hospital where he was confined for four days.
2.December 18, 1934The Saginaw NewsSaginaw, MI
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Article Text
VASSAR BANK RECEIVER PAYS SIXTH DIVIDEND
(Special to The Saginaw News.) Grant receiver for the objectors of the State Savings Bank of Vassar today is paying the sixth dividend to the depositors which amounts to 61 per cent in all. The cost of the receivership is less than $100.
