10219. Golden City Banking Company (Golden City, MO)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
March 17, 1909
Location
Golden City, Missouri (37.393, -94.094)

Metadata

Model
gpt-5-mini
Short Digest
46fc0678

Response Measures

None

Description

Bank was closed by the state bank examiner and placed in the hands of a receiver for 60 days due to an apparent bookkeeping discrepancy of $4-5k. No run is described in the articles; closure appears to be by government action with a receiver appointed.

Events (2)
1. March 17, 1909 Receivership
Newspaper Excerpt
The bank will be placed in the hands of a receiver and during the sixty days for which he is appointed it will be determined whether it shall close permanently or continue to run.
Source
newspapers
2. March 17, 1909 Suspension
Cause
Government Action
Cause Details
Closed by state bank examiner R. W. Hawkins and ordered placed in hands of a receiver due to a reported bookkeeping discrepancy of $4-5 thousand.
Newspaper Excerpt
The banking house of the Golden City Banking Company was closed by Bank Examiner R. W. Hawkins.
Source
newspapers

Newspaper Articles (2)
1. March 18, 1909 The Butler Weekly Times Butler, MO
Article from The Butler Weekly Times, March 18, 1909

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Article Text

Golden City Bank Closed. Golden City, Mo., March.-The banking house of the Golden City Banking Company was closed by Bank Examiner R. W. Hawkins. Prosecuting Attorney Kazee got a message from the examiner Tuesday for him to come to Golden City on the early morning train. The prose cutor and the sheriff went down as requested, and upon the noon train the officers and the bank examiner came up and Assistant Cashier W. S Morrow also came up on the same train The bank will be placed in the hands of 8 receiver and during the sixty days for which he is appointed it will be determined whether It shall close permanently or continue to run. At the time of this writing the real particulars of the case do not seem to be very accessible. All that can be gotten out of the officers is the statement that there is some sort of discrepancy of four or five thousand dollars in the bank's bookkeeping.

2. March 18, 1909 The Jasper News Jasper, MO
Article from The Jasper News, March 18, 1909

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Article Text

Golden City Bank Closed. The banking house of the Golden City Banking company was closed Wed. nesday by order of the state examiner, R. W Hawkins. The bank will be placed in the hands of a receiver for a period of sixty days, at the end of which time, probably sooner, it will be determined whether it is to continue business or beclosed permanently. It is rumored that there is a discrepancy of four or five thousand dollars in the bookkeeping, but any positive statement in regard to this would now be premature, as nothing authentic in regard to the finances is yet given to the public. The cashier, Mr. W. S Morrow, gare the Herald the following statement with the request that it be published. "This bank is voluntarily closed. Assets good. Every dollar will be paid. W. S. Morrow." -Golden City Herald.