First National Bank - Cardwell, MO

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 11919
Charter Number: 11919
Start Date: February 22, 1929
Location: Cardwell, Missouri (36.047, -90.293)

Metadata

Model: gpt-5-mini
Short Digest: c027b0bd

Response Measures

None

Receivership Details

Depositor recovery rate: 45.0%
Date receivership started: 1927-01-08
Date receivership terminated: 1931-11-02
OCC cause of failure: Economic conditions
Share of assets assessed as good: 7.0%
Share of assets assessed as doubtful: 73.2%
Share of assets assessed as worthless: 19.8%

Description

Article (The Daily Dunklin Democrat, 1929-02-22) states R. M. Johnson, receiver for First National Bank of Cardwell, was granted permission to sell real estate of the bank. A receiver implies the bank had failed/been closed and placed in receivership. The article does not describe a run or an earlier suspension explicitly, but the presence of a receiver indicates permanent closure; I therefore classify as suspension_closure. No dates of suspension or run are given in the text beyond the publication date.

Events (3)

1. January 21, 1921 Chartered

Source: historical_nic

2. January 8, 1927 Receivership

Source: historical_nic

3. February 22, 1929 Receivership

Newspaper Excerpt: R. M. Johnson, receiver for First National Bank of Cardwell, granted permission to sell real estate of said bank.
Source: newspapers

Newspaper Articles (1)

1. February 22, 1929 The Daily Dunklin Democrat Kennett, MO

Article from The Daily Dunklin Democrat, February 22, 1929

Click image to open full size in new tab

Article Text

CIRCUIT COURT The Dunklin County Circuit Court convened Monday, February 18th. pursuant to adjournment. Regular Judge, W. S. C. Walker, on the bench. Other officers present: Thom as F. Donaldson, Sheriff: Birt P. Bryant, clerk. The following proceedings were had, to-wit: National Stock Yards National Bank vs. W. A. Smith: note; dis missed. National Bond & Investment Co. vs. J. W. Singleton: note: dismissed MeCaskey Register Co., vs. A. S. Davis et al: replevin; dismissed for failure of plaintiff to prosecute cause of action. First National Bank of Cape Girardeau vs. Ettie Williams et al; alias summons to sheriff of Clay County, Ark., for Ettie Williams and John Williams: continued. Dunklin County Bank VS. Lizzie Wilson Berry; note; continued by agreement. American Agricultural Chemical Corp., vs. Harry Kirkbride et al; note: continued by agreement. The Carleton Co. VS. Geo. Dalton, Sr.: note: change of venue granted to Circuit Court of New Madrid County. Connecticut Fire Insurance Co. VS. Warren Waddell et al: suit on note; answer of W. H. Marine filed: continued by agreement between plaintiff and W. H. Marine. Henry Roudout VS. Myrtle Roud out: divorce; answer and cross bill filed. M. L. Barnes VS. Ben and Verna Barnes: note: motion to quash service filed by Verna Barnes. R. C. Patterson VS. Elbert Glenn et al: injunction: answer and petition to reform filed. Carson Smith et al vs. Jesse Mills et al; suit on note; answer filed. B. S. Felker VS. Eddie Florence Felker: partition; answer of Eddie Florence Felker filed. National Life Insurance Co., VS. Omer Perkins et al; bill of interpleader; answer of interpleader, Nora Harp, filed. General Motors Acceptance Corporation VS. Alcline White; replevin; demurrer filed. National Union Fire Insurance Co., vs. Allen M. Douglass et al; suit on note: separate answers of Allen M Douglass and A. S. McDaniel and J. B. Hughes filed. Sears-Roebuck & Co. VS. Chas. and Mavel McGehee; foreclosure; demurrer filed. James Wesley Crabtree vs. Mis souri Utilities Co.; suit in equity to set aside judgment; set for March 25 by agreement. M. H. Brown VS. D. Orville Porter: damages; set for March 21, by agreement. W. H. Byrd vs. Bankers & Shippers Insurance Co.: suit on insur ance policy; set for March 12 by agreement. W. J. Johnson VS. Alcia D. A Lamb Williams et al; suit to quiet title; defendant to plead by March 4th. American Cotton Oil Co. VS. O. H. Storey et al; suit to revive judg ment; same entry. Wm. J. Wilson et al vs. Addie Todd et al: partition; A. J. Graves, S. C. Hooper and P. A. Frie appointed commissioners to make partition in kind and report March 4th. Floy H. Billington VS. Thos. H. Billington; divorce; defendant given until Feb. 20 to plead. Sadie Wadley et al VS. Flora Douglass: action in partition: amended petition filed Sadie Wadley et al VS. L. W. Foster: set for March 2nd. L. B. Bohannon vs. Illinois Bank ers' Life Association: bill of exceptions filed by attorney for plaintiff. J. N. Jones V3. Perdida T Jones; divorce; decree of divorce to plaintiff Wm. H. Kelly vs. D. B. Kevil et al: damages ;alias summons for K. K. Kevil to sheriff of Dunklin county; S. and D. B. Kevil to sheriff of Scott county: continued. Willie Jones VS. Jesse Jones; di vorce: submitted to the Court. Myrl Sanders vs. Tom Sanders; divorce: same entry. Jim Ray vs. Lela Ray; divorce: decree to plaintiff. Gladys Matthews vs. Ralph Mat thews; decree of divorce to plaintiff and maiden name, Case, restored. Mollie Kreeman vs. Vernon Kreeman; decree of divorce to plaintiff with care and custody of minor child. Mrs. A. E. Yarber VS. Connectieut Fire Insurance Co.: mandate of Springfield Court of Appeals filed, showing cause was reversed and not remanded; costs taxed against plaintiff and sureties on her cost bond, Troy Vaughn and Bertha Vaughn; execution ordered issued. C. D. Leonard vs. Ethel Leonard; divorce: decree to plaintiff. M. L. Barnes VS. Ben and Verna Barnes; motion for costs filed. Arkansas Rock & Gravel Co. vs. Dunklin county et al; account; motion for costs filed. California Packing Corporation vs. tout Bros. Wholesale Grocery Co.: damages: motion for costs filed. John D. Ray vs. Geo. Green et al: suit on note; same entry. Same VS. L. S. Davidson et al: same entry. R. T. Brooks VS. R. H. Tinnin: contract for rent; same entry. East Arkansas Lumber Co. vs. T. H. Shipmon; suit on note; same Nat Ribback Co. VS. Caldwell's of Kennett et al; *suit on note: same entry. T. L. Moore VS. Verdie L. and Grover C. McCutcheon: account: same entry. American Cotton Oil Co. vs. Q. H. Storey et al; revive judgment; same entry. D. M. Eaves vs. Eva and O. Stur gis: note: same entry. Sam Johnson vs. Frisco Ry. Co.: personal injuries: same entry. James Wesley Crabtree vs. Misseuri Utilities Co.: suit in equity to set aside judgment: same entry. J. F. Williams et al vs. E. J. Walker et al: suit to determine title; set for March 26th. Delia Brooks VS. Charlie Brooks: divorce: plaintiff's petition dismissed; defendant's cross bill dismissed. Lois Jewell VS. Lloyd Jewell; divorce: decree to plaintiff Earl Brown vs. Ruby Brown; divorce: decree to plaintiff In the matter of the liquidation of the affairs of the Dunklin County Bank: petition of finance commissioner for permission to redeem notes from the Liberty Central Trust Co., by payment of balance due, not to exceed $3,954.83, filed by B. T. Browning, deputy commissioner. showing that the bank receiver will receive from said Liberty Central Trust Co., assigned to said bank in the sum of preferred claims which have been $3,705.18; and the Finance Commissioner states that he can collect as much as $25,000.00 from the notes still in the hands of said Trust Co. The above petition is granted, and it is ordered that the deputy F1. nance Commissioners consummate the redemption of said notes from said Trust Co., on the terms set forth above. Emma George vs. Claude George; divorce: submitted and passed for proof of publication. Lois Carter VS. Auburn Carter; divorce; decree to plaintiff, J. T. Merritt vs. Fannie Merritt; divorce: submitted: interlocutory decree and continued. Ruby Etheridge VS. Elijah Etheridge: divorce: decree to plaintiff. Commission of W. S. C. Walker, Judge of the Circuit Court for the term of six years, ordered recorded. Liberty Central Trust Co., VS. J. R. Romines; citation ordered issued to sheriff of City of St. Louis to show cause why return has not been made on execution issued September 6, 1928. Same VS. Dan Reed et al; same entry. Same vs. John D. Vinters et al; same entry. Same vs. J. E. Muse; same entry. Same VS. E. D. Bess: same entry. Same vs. B. F. Scroggins; same entry. Same vs. H. W. Smith et al; same entry. Same VS. J. M. Harris et al; same entry. Same VS. J. M. Clark et al; same entry. Same VS. J. E. Crane et al; same Same VS. J. R. Morrow et al; same entry. Same VS. J. E. Dillinger et al: same Same VS. J. H. Heter et al; sam entry. Same VS. Lee Rosenberg: same entry. Same vs. Henry Barnes et al: same entry. Same vs. Taylor Lightfoot; same entry. Same VS. W. J. C. Meeks; same entry. State vs. Geo. Goodson; transport ing whiskey; cause set for March 7th. State vs. Ode Duke: operating car while intoxicated: same entry. State VS. Walter Woffard; dis turbing the peace; plea of guilty and punishment assessed at a fine of $100.00; committed to the cus tody of the sheriff R. M. Johnson, receiver for First National Bank of Cardwell, granted permission to sell real estate 0. said bank. J. S. Wahl VS. J. W. Karsten suit on notes: judgment by agree ment for plaintiff, for $383.20 and attorney's fee of $38.32, on firs count: $93.08 and attorney's fee $9.30 on second count: plaintiff dis misses as to that part of petition asking for special lien. W. R. Heagler & Sons vs. West Swamp D. D.: suit on note; judg ment for plaintiff on first count for $285 judgment for defendant OD second count Mary Starnes VS. P. M. Starnes divorce: interlocutory decree to plain tiff with care and custody of minor children. Jim Gabbard vs. Stella M. Gab bard; divorce; decree to plaintiff with care and custody of mino child. Commercial Investment Trust Co. VS. B. V. Gates; suit on note: amend ed petition filed. Katie Eubanks VS. Travis Eu banks: divorce; decree to plaintiff Willie Jones VS. Jesse Jones; divorce: decree to plaintiff with care and custody of minor children. Emma George vs. Claude George divorce: decree to plaintiff Myrl Sanders VS. Tom Sanders divorce: decree to plaintiff. State vs. Ben Glover; felonious as sault: passed to May 17th, becaus attorney for defendant is a member of the legislature, now in session. State vs. Paxton Mills; same en try. General Motors Acceptance Corp. VS. W. E. Holmes; contract: passed to March 12th at cost of plaintiff. L. B. Bohannon VS. Illinois Bank ers Life Association: petition fo: plaintiff for order nune pro tune, to supply judgment omitted by clerical error. submitted, all parties being present: petition sustained; ordered that judgment rendered August 24. 1928, be supplied and entered: clerk (Continued on Page Six.)