Farmers Bank - Amity, MO

Bank Information

Episode Type: Run → Suspension → Closure
Bank Type: state
Start Date: December 8, 1930
Location: Amity, Missouri (39.871, -94.436)

Metadata

Model: gpt-5-mini
Short Digest: 619f96a9

Response Measures

Full suspension

Other: State Finance Commissioner named a Special Deputy (Worth C. Lincoln) to liquidate the bank's affairs; bank closed by board after run of checks.

Description

Articles report an unusually heavy run of checks arriving in the mail on Monday, Dec. 8, 1930, prompting the board to close the bank that morning. State Finance Commissioner named a special deputy (Worth C. Lincoln) later in December to take charge and liquidate the bank's affairs, indicating permanent closure. OCR errors in Article 1 corrected (e.g., dates and phrasing).

Events (3)

1. December 8, 1930 Run

Cause Details: Unusually heavy run of checks arriving by mail triggered heavy withdrawals.
Measures: Board of directors called a meeting and ordered the bank to close its doors.
Newspaper Excerpt: the Farmers Bank closed its doors on Monday morning December 8, when an unusually heavy run of checks came in on the mail.
Source: newspapers

2. December 8, 1930 Suspension

Cause Details: Board suspended operations in response to the heavy run of checks and withdrawals.
Newspaper Excerpt: the board ordered the Bank close its doors.
Source: newspapers

3. December 25, 1930 Receivership

Newspaper Excerpt: Worth Lincoln of Maysville last week named by the State take charge of the Farmers Bank of Amity in the capacity of Special Deputy Finance Commissioner for the purpose of liquidating or closing out the bank's affairs.
Source: newspapers

Newspaper Articles (3)

1. December 11, 1930 The Dekalb County Record-Herald Maysville, MO

Article from The Dekalb County Record-Herald, December 11, 1930

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Article Text

The Farmers Bank of Closes Amity Another Bank of DeKalb County Ceasto Operate Monday Morning Farmers Bank of Amity closed The its doors Monday forenoon about 11 o'clock. On the morning mail that day there was an unusually heavy run the Bank, and those in checks on decided call meeting charge of of Directors. This the Board called and the order was made ing that the Bank close its doors. This the second Bank to close within the current year of Amity closed on the The Bank of Amity was 18th of January. The Farmers Bank one of the comparatively new banks of the county. its last statement When made business the 22nd ed the close 1930, had total day of August, loans of of and deposits of cashier of the Adam was assistant bank and Frank Bray, cashier bookkeeper. state bank examiner Shelby, is charge.

2. December 25, 1930 The Dekalb County Record-Herald Maysville, MO

Article from The Dekalb County Record-Herald, December 25, 1930

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Article Text

Named to the of Named Take Charge of Closed Bank Amity Worth Lincoln of Maysville last week named by the State take charge the Farmers Bank of Amity in of Special Deputy Finance Comacity missioner for the purpose of liquidatout the bank's affairs. ing or closing Farmers Bank closed its doors Monday morning December when unusually heavy run of checks the mail. meeting the on board of directors called for that day and the board ordered the Bank close its doors. will be the work Mr. Lincoln to wind up the affairs the Bank, which usually requires period year two. Mr. the outgoing County term of office County pire the first of January then in position to give his vided attention to the work dating the Bank. Mr. Lincoln moved to from his farm near Fairport last spring when was pointed Governor Caulfield to the unexpired County Clerk Noland Dunham, who resigned. Lincoln and family will continue make their home and he travel back and forth to his work Amity.

3. January 2, 1931 The King City Chronicle King City, MO

Article from The King City Chronicle, January 2, 1931

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Article Text

COUNTY NEWS Took Lad to Boonville Rufus A. Williams took Perry Marsh, Stanbery lad of fourteen, to the reform school at Boonville last Saturday. He had been up in the juvenile court charged with some misdemeanors and Judge Reeves decided the place for him was in the state Albany Ledger. Contract Let On December 19th, the Highway department let the contract for the construction of 3.8 miles of gravel road in DeKalb county. This is continuation of the gravel road from Maysville to Fairport. The successbidder for the work is dridge, Kansas City, Kansas, the amount of his bid being DeKalb County Hound Dog Coveted Not only did he covet the hound dog but he is charged with stealing him on December 1929 year ago, was Buford Martin's hound dog and Chester Wyland, whose home near Oak, waived his preliminary hearing December 18 and was bound over to the circuit court and is out on bond of $200. Mr. Martin said "doggone" the past and until year up February at least, Wyland will be saying Savannah Reporter. Named to Liquidate the Farmers Bank Worth C. Lincoln of Maysville was last week named by the State Finance Commissioner to take charge of the Farmers Bank of Amity in the capacity of Special Deputy Finance Commissioner for the purpose of liquidating or closing out the bank's affairs. The Farmers Bank closed its doors on Monday morning December 8, when an unusually hearun of checks came in on the mail meeting of the board of directors called for that day and the board ordered the Bank to close its doors. It will be the work of Mr. Lincoln to wind the affairs of the Bank, up which usually requires period of or two. Mr. Lincoln is the outyear going County Clerk. His term of office as County Clerk will expire the first of January and he will then be position to give his undivided attention to the work of liquidating the Bank. Mr. Lincoln moved to Maysville from his farm near Fairlast when he was apport spring pointed by Governor Caulfield to fill out the unexpired County Clerk term of Noland Dunham, who resigned. DeKalb County Herald. At Agents Meeting L. A. Saunders, county extension agent for Gentry county, attended meeting of all of the county agents of Missouri in Columbia last week and reports very interesting meeting. In connection with the agents meeting this year, conference of seed dealers of the state and also meeting of the state millers were held and this added to the attraction of the meeting. The millers advised the agents of the demand for soft wheat flour. which can be grown well in Missouri and for which there is great demand in foreign markets. The seen dealers also conferred with the agents and representatives of the state board of agriculture as to what seed was best acclimated for use here and what the state specifications Albany Capital.