Auxvasse Bank - Auxvasse, MO

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: July 1, 1924*
Location: Auxvasse, Missouri (39.018, -91.897)

Metadata

Model: gpt-5-mini
Short Digest: 4c64bab8

Response Measures

None

Description

The Auxvasse Bank closed in July 1924 and was described as defunct; a state finance department special commissioner was administering the bank and paying depositors partial dividends in Dec 1926. No run is mentioned in the article, so this is a suspension leading to permanent closure/receivership. Bank charter type not specified in text.

Events (3)

1. July 1, 1924* Receivership

Newspaper Excerpt: J. L. Edwards, special commissioner of the state finance department, in charge of the defunct Auxvasse bank ... The Auxvasse bank closed July 1924. FULTON, MO., Dec. 28.-J. L. Edwards, special commissioner of the state finance department, in charge of the defunct Auxvasse bank at twelve miles north of here, today was to pay depositors 9.9 per cent of their claims against the bank by Judge David H. Harris of the Callaway county circuit court. The depositors previously received per cent. The Auxvasse bank closed July 1924. . PPPPP tl;dr: receiver paying dividend in 1926 for bank closed July 1924.
Source: newspapers

2. July 1, 1924* Suspension

Cause Details: Article only states the bank closed in July 1924; no cause (run, insolvency trigger) is given.
Newspaper Excerpt: The Auxvasse bank closed July 1924.
Source: newspapers

3. December 28, 1926 Other

Newspaper Excerpt: today was to pay depositors 9.9 per cent of their claims against the bank by Judge David H. Harris of the Callaway county circuit court. The depositors previously received per cent. The Auxvasse bank closed July 1924.
Source: newspapers

Newspaper Articles (1)

1. December 29, 1926 Kansas City Journal Kansas City, MO

Article from Kansas City Journal, December 29, 1926

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Article Text

AUXVASSE BANK TO PAY 10 PER CENT DIVIDEND FULTON, MO., Dec. 28.-J. L. Edwards, special commissioner of the state finance department, in charge of the defunct Auxvasse bank at twelve miles north of here, today was to pay depositors 9.9 per cent of their claims against the bank by Judge David H. Harris of the Callaway county circuit court. The depositors previously received per cent. The Auxvasse bank closed July 1924.