Delta District Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: May 27, 1927
Location: Delta, Missouri (37.197, -89.736)

Metadata

Model: gpt-5-mini
Short Digest: e1755e52

Response Measures

None

Description

Article (The Daily Standard, 1927-05-31) reports the Delta District Bank was closed by its board and turned over to the State Finance Department. No run is mentioned. Closure appears permanent with state involvement/receivership.

Events (2)

1. May 27, 1927 Receivership

Newspaper Excerpt: was closed Friday by its Board of Directors and the bank turned over to the State Finance Department.
Source: newspapers

2. May 27, 1927 Suspension

Cause: Government Action
Cause Details: Board closed the bank and turned it over to the State Finance Department (state takeover/receivership).
Newspaper Excerpt: The Delta District Bank of Delta, Cape Girardeau County, with deposits of $22,019 and total resources of $35,916, was closed Friday by its Board of Directors and the bank turned over to the State Finance Department.
Source: newspapers

Newspaper Articles (1)

1. May 31, 1927 The Daily Standard Sikeston, MO

Article from The Daily Standard, May 31, 1927

Click image to open full size in new tab

Article Text

rection of criminals. Dr. Louis Robinson, former probation officer for Philadelphia criminal courts, today told select group of listeners here. His declarations, embodied in port of survey of penal institutions Europe, were made to a committee of the national crime commission which held one-day session. Dr. Robinson, formerly professor of economics at Swarthmore College, secretary of the committee on pardons, paroles, probation and corrective institutions. Dr. Robinson's audience included former Gov. Frank O. Lowden of inois, chairman; former Gov. Charles Whitman of New York, president of the American Bar Association, Mrs. Jessie Hodden, superintendent of the Massachusetts Reformatory for Women; Clark Howell, editor of the Atlanta Constitution, and Summer Knight, state senator, Minneapolis. European penal institutons are more efficienctly managed and their staffs are chosen for their knowledge of crime correction, rather than for political reasoss, Dr. Robinson asserted. Pardon and parole powers, frequestly misused in the United States, are inviked in European countries only after exhaustive study of the applicant's cases. The Russian Government made coins of platinum in 1828. Mrs. Charlotte Anderson Duncan, California horse woman, has been granted divorce from Leland Duncan, owner of dog actor. She testified her husband not love either me or the horses. All he cared for was Although earned $200 week, Duncan contributed only $50 week to the family budget, Mrs. Duncan declared. The Delta District Bank of Delta, Cape Girardeau County, with deposits of $22,019 and total resources of $35,916, was closed Friday by its Board of Directors and the bank turned over to the State Finance Department. one of the smallest banks in the State and is the twenty-fifth State bank closed this year. The bank had capital of $12,0000. Its last report showed loans of $17,244, no surplus and bills payable of $15,000. Albert Spradling of Cape Girardeau delivered the address at the commencement exercises of the Oran High School. There were 18 graduates: Eula Smith, Elsie Kielbach, Mary Mier, Ethel Howard, Thomas Irwin, Cornelius Tenkhoff, Natalie Crader, Robinson, Ruth Davis, Thos. Coleman, Lawrence Oliver, Lena Thomas, Blue Eye Metz, Ervin Maddox, Mary Lou Boutwell, Mary Hayden, Jackson Matthews and Hettie Grice.