Citizens Trust Company

Bank Information

Episode Type: Suspension → Closure
Bank Type: trust company
Start Date: July 1, 1923*
Location: Gorin, Missouri (40.360, -92.024)

Metadata

Model: gpt-5-mini
Short Digest: 74d20107

Response Measures

None

Description

Article describes the bank as defunct and states it closed in July 1923; directors were later held liable in a suit. No run is mentioned. Classification: suspension (closure) due to bank-specific adverse issues (insolvency/misconduct).

Events (1)

1. July 1, 1923* Suspension

Cause: Bank Specific Adverse Info
Cause Details: Bank closed in July 1923; subsequent court verdict held directors liable for deposits, indicating insolvency or misconduct led to closure.
Newspaper Excerpt: the defunct Citizens Trust Company Gorin, Mo., ... when the bank closed July, 1923.
Source: newspapers

Newspaper Articles (1)

1. June 1, 1927 The Sedalia Democrat Sedalia, MO

Article from The Sedalia Democrat, June 1, 1927

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Article Text

HOLD DIRECTORS OF BANK Mo., June rectors the defunct Citizens Trust Company Gorin, Mo., liable for money deposited the bank while they were in charge, according to the verdict of circuit court here which awarded R. Leslie, guardian for This the amount he had deposit when the bank closed July, 1923. Other similar pending the directors total alleged the bank was date the the Citizens Bank the tors knew its The fendants Thomas, Gorin, president; Roy Myers, Chillicothe; Smith Myers, Gorin; McCutcheon: Hill and John McNatt, Louis.