Peoples State Bank - Hartville, MO

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: July 1, 1925
Location: Hartville, Missouri (37.251, -92.510)

Metadata

Model: gpt-5-mini
Short Digest: 0aa21d78

Response Measures

None

Description

OCR-corrected text: likely Finance Commissioner French assumed charge of the Peoples State Bank of Hartville (article date 1925-07-01). The article reports a state official taking charge of the bank (government action / assumed charge) — interpreted as a suspension/receivership and permanent closure (no reopening mentioned). Deposits cited ~$86,000 and no surplus. No mention of depositor run.

Events (2)

1. July 1, 1925 Receivership

Newspaper Excerpt: Finance Commissioner French assumed charge of the Peoples State Bank of Hartville, ... president Moody and Charles Hensley. The capitalized at ... deposits of $86,000 and no surplus (OCR corrected).
Source: newspapers

2. July 1, 1925 Suspension

Cause: Government Action
Cause Details: State finance commissioner assumed charge of the bank (regulatory takeover); likely suspension of payments or operations by authorities.
Newspaper Excerpt: Finance Commissioner French assumed charge of the Peoples State Bank of Hartville
Source: newspapers

Newspaper Articles (1)

1. July 1, 1925 The Weekly Kansas City Star Kansas City, MO

Article from The Weekly Kansas City Star, July 1, 1925

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Article Text

MO. BANK Charge After With Directors. JEFFERSON Jefferson City Finance Commis French assumed charge of the Peoples State Bank of Hartville, week following confer directors the bank Moody president and Charles Hensley The capitalized at has loans of deposits of $86,000 and no surplus