Citizens Savings Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: savings bank
Start Date: April 21, 1927
Location: Cabool, Missouri (37.124, -92.101)

Metadata

Model: gpt-5-mini
Short Digest: 8b352c72

Response Measures

None

Description

Notice to creditors dated April 21, 1927 states S. L. Cantley, Commissioner of Finance of Missouri, is in charge of the business and property of the bank — indicates state takeover/commissioner in charge and likely permanent closure/receivership. No mention of a depositor run in the article.

Events (2)

1. April 21, 1927 Receivership

Newspaper Excerpt: S. L. CANTLEY, Commissioner of Finance of the State of Missouri, in charge of the business and property of said Citizens Savings Bank. NOTICE TO CREDITORS...present the same to the undersigned and make proper proof thereof within four months from the above date at the banking room of said bank in Cabool, Missouri; and they are further notified that the last date for presenting said proofs will be August 31st, 1927.
Source: newspapers

2. April 21, 1927 Suspension

Cause: Government Action
Cause Details: State Commissioner of Finance placed the bank in charge of the business and property — regulatory takeover leading to suspension/closure.
Newspaper Excerpt: All persons who may have claims against The Citizens Savings Bank, of Cabool, Missouri, are hereby notified... S. L. CANTLEY, Commissioner of Finance of the State of Missouri, in charge of the business and property of said Citizens Savings Bank.
Source: newspapers

Newspaper Articles (1)

1. June 3, 1927 Houston Republican Houston, MO

Article from Houston Republican, June 3, 1927

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Article Text

NOTICE TO CREDITORS OF THE CITIZENS SAVINGS BANK, OF CABOOL, MISSOURI April 21st, 1927 All persons who may have claims against The Citizens Savings Bank, of Missouri, are hereby notified to present the same to the undersigned and make proper proof thereof within four months from the above date at the banking room of said bank in Cabool, Missouri; and they are further notified that the last date for presenting said proofs will be August 31st, 1927. S. L. CANTLEY, Commissioner of Finance of the State of Missouri, in charge of the business and property of said Citizens Savings Bank.