Central National Bank - Boonville, MO

Bank Information

Episode Type: Suspension → Reopening
Bank Type: national
Bank ID: 1584
Charter Number: 1584
Start Date: October 28, 1916
Location: Boonville, Missouri (38.974, -92.743)

Metadata

Model: gpt-5-mini
Short Digest: 12c55ffd

Response Measures

None

Description

OCR errors in article corrected. The text states the Central National Bank was forced to close its doors on Oct 28, 1916 but there was no run on the bank, and every depositor [received] his money. Two days later a successor (Boonville National Bank) was established (Oct 30, 1916). Thus this is a suspension with reopening/succession and no run. Cause is unclear in the OCR as forced close its doors by the currency — recorded as 'other' with quoted fragment.

Events (4)

1. October 11, 1865 Chartered

Source: historical_nic

2. October 28, 1916 Suspension

Cause Details: Article states it was forced to close its doors by the currency (OCR text); not described as a depositor run or government receivership.
Newspaper Excerpt: On October 28, 1916, forced close its doors by the currency... There was no run on the bank, and every depositor his money.
Source: newspapers

3. October 30, 1916 Reopening

Newspaper Excerpt: The Boonville National Bank was established October 30, 1916, as successor the Central National Bank, which had been founded 1865.
Source: newspapers

4. December 19, 1916 Voluntary Liquidation

Source: historical_nic

Newspaper Articles (1)

1. June 16, 1932 The Boonville Daily News Boonville, MO

Article from The Boonville Daily News, June 16, 1932

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Article Text

ESTABISHLED OCTOBER 1916 Succeeded Old Central National Founded In 1865 by Stephens. The Boonville National Bank was established October 30, 1916, as successor the Central National Bank, which had been founded 1865. This old bank was under the supervision the late Joseph pioneer banker, until his death 1881. during life time that the institution became famous Missouri strong and progressive bank. Col. was friend of the late Jay Gould, so admired the Missouri and reviewer an early that sented him the famous dogs that still stand in front of the Following Col. Stephens' death his sons took the operation of the bank. On October 28, 1916, forced close its doors by the currency and went There was no run on the bank, and every depositor his money. The was openafter the closing the Central and continued its operation June Its first Amick, president; Sombart, vice-president; Heln, chairman the board; Lester, cashier; Moore, assistant cashier. The first board of directors Helm, Thro, N. Nelson Leonard, Roy H. Zuzak, Nelson, Amick, W. Jewett, and W. The bank has had three presidents: Amick, B.M. Dr. Nelson.