10251. Farmers & Merchants Bank (Hunnewell, MO)

Bank Information

Episode Type
Run → Suspension → Closure
Bank Type
state
Start Date
November 16, 1926
Location
Hunnewell, Missouri (39.668, -91.862)

Metadata

Model
gpt-5-mini
Short Digest
55fbee22

Response Measures

Full suspension

Other: Closed by board of directors following a slow run; no reopening mentioned in articles.

Description

Multiple contemporary wire stories report a slow run that caused the Farmers & Merchants Bank of Hunnewell to close its doors in mid-November 1926. No reopening is reported; closure appears permanent. The exact trigger for the run is not given in the articles, so cause is coded as 'other'.

Events (2)

1. November 16, 1926 Run
Cause Details
Articles report a slow run / heavy withdrawals but give no specific triggering rumor, correspondent failure, or bank-specific scandal.
Measures
None reported beyond notification to state finance department; bank was closed by board of directors.
Newspaper Excerpt
closed today by its board of directors following a slow run
Source
newspapers
2. November 16, 1926 Suspension
Cause Details
Bank was closed by directors as a consequence of the slow run; articles state the bank closed its doors and quit business.
Newspaper Excerpt
The Farmers and Merchants Bank of Hunnewell ... was closed today by its board of directors following a slow run
Source
newspapers

Newspaper Articles (7)

Article from Brownsville Herald, November 16, 1926

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Article Text

Missouri Bank Is Closed Down JEFFERSON CITY, November 16. -(AP)-The - fifteenth state bank in Missouri to quit business since the first of the year, the Farmers and Merchants Bank of Hunnewell, at Hunnewell in Shelby county, was closed today by its board of directors following a slow run, it was announced at the state finance department. The institution had about $101,600 total resources.


Article from Delaware County Daily Times, November 17, 1926

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Article Text

RUN CLOSES BANK JEFFERSON CITY, Mo., Nov. 17(I.N.S.)-The Farmers and Merchants Bank of Hunnewell, Shelby county, with total resources of $101,654 closed its doors yesterday as a result of slow run, the Department of notified by A. L. Vaughn, president of the bank.


Article from Seattle Union Record, November 17, 1926

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Article Text

RUN ON BANK IS CAUSE OF CLOSING JEFFERSON CITY, Mo., Nov. 16 N. S.) The Farmers and Merchants Bank of Hunnewell, Shelby county, with total resources of $101,654 closed its doors today as a result of a run, the department of finance notified today by A. L. Vaughn, president of the bank


Article from Seattle Union Record, November 17, 1926

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Article Text

RUN ON BANK IS CAUSE OF CLOSING JEFFERSON CITY, Mo., Nov. 16 N. S.) The Farmers and Merchants Bank of Hunnewell, Shelby county, with total resources of $101,654 closed its doors today as a result of a run. the department of finance was notified today by A. L. Vaughn, president of the bank.


Article from Seattle Union Record, November 17, 1926

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Article Text

RUN ON BANK IS CAUSE OF CLOSING JEFFERSON CITY, Mo., Nov. 16 N. S.) The Farmers and Merchants Bank of Hunnewek, Shelby county, with total resources of $101,654 closed its doors today as a result of a run, the department of finance notified today by A. L. Vaughn, president of the bank.


Article from The Blade and Messenger, November 19, 1926

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Article Text

WEEK'S WORLD NEWS Events of General Interest From Many Sections Kansas City had three bank failures the past week. The Waldo State Bank, a neighborhood institution. failed to open its doors Monday. The Federal Trust Company, a down town bank with total assets of $2,000,000. closed Friday, and the Terminal Trust Company, a small bank which had part of its cash reserve in the Federal Trust Company, closed Saturday. These failures caused a run on another bank. the Park National, Monday. It withstood the run, however, receiving aid from the Federal Reserve Bank. It has been given out at the highway office at Macon that five large snowplows have been ordered for use by the maintenance department of division No. 2. which includes Linn county, of the state highway department this winter. The plows will be pushed by powerful tractors, on which the operator will have a cab to protect him from a storm. With the first fall of snow the plows will be put to work. This will be an important service, as formerly the smaller towns were cut off from outlying districts after a heavy snowfall, a condition often lasting weeks. Judge Ernest S. Gantt of Mexico, democratic member elect of division No. 1 of the Missouri supreme court. defeated his opponent, Judge Robert W. Otto, who was running to succeed himself. by the narrow margin of 1,218 votes. the official canvass of the November 2 election results, completed late Monday by employees of the secretary of state, shows. Railroads already have started storing coal and large consumers soon will follow suit in anticipation of a general coal miners' strike in April, according to C. V. Beck, manager of the St. Louis office of the Lumaghi Coal Company, which operates two mines in Collinsville, III. The strike is almost certain, Beck told a Globe Democrat reporter in St. Louis Monday, and preparations will be made through storage to tide the railroads and large companies over the period in which there will be no production. Industrial production in the United States is at a record high level, it has been reported by the federal reserve board. The volume of activity has been higher every month this year than in either 1924 or 1925. Statistics show consumers are maintaining a demand for the record production. with the purchasing power of industrial workers and farmers alike being continuously higher than last year. The Frisco railroad system has moved 912,000 bushels of apples from the Ozarks so far this season. officials say. The average price this year is $1 a bushel. Fruit growers in the Ozarks will receive 2 million dollars for the 1926 crop, it is said. It may have no significance to mere man but three beauty prize winners of the current season have unbobbed locks. They are Ivy Ellison of Great Britain, Natalie Barrache of Russia, and our own "Miss Tulsa," Norma Smallwood. "Uncle Joe" Cannon always was an ardent believer in preparedness, and consequently he completed his tomb before his death. He designed the granite shaft in Springhill cemetery at Danville, where he was buried last Tuesday, and it was erected in exact accordance with his ideas of simplicity, massiveness and good taste. The granite die weighs twenty-five tons and stands fifteen feet high. With the vault base, also of granite, the monument weighs fifty-six tons. Gov. Sam A. Baker has appointed Alroy S. Phillips of St. Louis, chairman of the new state compensation commission which will supervise operation of the workman's compensation act approved by voters at the recent election. The other members of the commission are Everet Richardson of Granby, a republican, to represent the employers, and Orin Shaw of Jefferson City, a democrat, to represent the employes. Larry Brunk, state Auerswald of DeSoto, was appointed medical director. The Farmers and Merchants Bank of Hunnewell, Shelby county, with resources of $101,654, closed its doors Tuesday. A. L. Vaughn was president. The bank had loans of $81,720. deposits of $77,733 and a capital of $10,000, according to its last official statement. Field marshals of the Anti-Saloon league look for a concerted effort by modificationist forces to nominate a wet candidate for the presidency in 1928 and already are discussing plans "to meet that challenge effectively. Meeting Tuesday at Washington to canvass the alignment of forces in the next congress, the executive committee of the league considered measures to cope with the "movement to nominate wet candidates for the presidency and to insert wet planks in the national party platforms," and approved three general projects designed to reinforce the dry front throughout the nation. A proposition to bond Marion county in the sum of $300,000 to im prove and build county roads will be voted on at a special election in the county November 23. Members of the county court estimate the heavy rains this fall damaged the county road to the sum of$65,000. It is pointed out that by voting the bond issue virtually every county road can be made an all weather road. Marion county has approximately 800 miles of gravel and maintained roads. Palmyra is the county seat of Marion.


Article from The Daily Worker, November 20, 1926

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Article Text

Missouri Bank Closes Doors After Slow Run JEFFERSON CITY, Mo., Nov. 18. The Farmers' and Merchants' Bank of Hunnewell, Shelby county, with total resources of $101,654, closed its doors today as a result of a slow run, the department was notified by A, L. Vaughn, president of the bank.