10277. Joplin State Bank (Joplin, MO)

Bank Information

Episode Type
Run → Suspension → Closure
Bank Type
state
Start Date
February 1, 1932*
Location
Joplin, Missouri (37.084, -94.513)

Metadata

Model
gpt-5-mini
Short Digest
9279d5b9

Response Measures

Full suspension

Other: Receiver named by state finance department to take charge; bank closed following heavy withdrawals.

Description

Article (Carthage Evening Press, 1932-02-06) reports the Joplin State Bank closed recently, as result of heavy withdrawals and that John W. Freeman was named by the state finance department as receiver (named 'yesterday' relative to the 1932-02-06 publication). No specific rumor or scandal is described — the closure is attributed to heavy withdrawals. I therefore record a run leading to suspension/closure and receivership.

Events (3)
1. February 1, 1932* Run
Cause Details
Heavy withdrawals/run on the bank; article gives no specific trigger such as a rumor or bank-specific scandal.
Newspaper Excerpt
The bank closed recently, as result of heavy withdrawals.
Source
newspapers
2. February 5, 1932 Receivership
Newspaper Excerpt
John W. Freeman ... yesterday was named by the state finance department to take charge of the affairs of the Joplin State bank as receiver.
Source
newspapers
3. February 5, 1932 Suspension
Cause Details
Bank closed following heavy withdrawals; state finance department subsequently appointed a receiver.
Newspaper Excerpt
The bank closed recently, as result of heavy withdrawals.
Source
newspapers

Newspaper Articles (2)
1. February 6, 1932 Carthage Evening Press Carthage, MO
Article from Carthage Evening Press, February 6, 1932

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Article Text

CAMPAIGN PLANS MADE Women's Division of Democratic Committee Meets Today Campaign plans were discussed at meeting of the women's division of the Jasper County Democratic committee this afternoon in the circuit court room. Mrs. J. D. Plummer, chairman, was in charge. Mrs. George Lavery of Joplin addressed the meeting on "The Victory Campaign." Plans for joint sessions of the county and township organizations were discussed by Grover C. James of Joplin, county chairman. Mrs. Plummer outlined plans for the township gatherings. Arrangements will be made to hold both county and township sessions once month. Officers of the women's division are: Mrs. Plummer, chairman; Mrs. Barney Finn, Sarcoxie, first vice chairman; Mrs. Emma Kasper, Carthage, second vice chairman; Mrs. Isherwood, Carl Junction, third vice chairman; Mrs. Lee Daugherty, Webb City, secretary, and Miss Mary Hackney, Carthage, treasurer. Receiver for Joplin Bank John W. Freeman, Joplin real tate man and investor, yesterday was named by the state finance department to take charge of the affairs of the Joplin State bank as receiver. The bank closed recently, as sult of heavy withdrawals. Mr. Freeman was stockholder in the bank and one of its original founders. He announced he would make an effort to reorganize it as soon as he ascertained the state finance department's requirements. Widow of Veteran Dies Mrs. Frances Cadelia Price, 84 years old, died at the Price home in Purcell at 12:20 o'clock this afternoon. Price was the widow of John Price, union veteran of the civil war who died in 1912. She was member of the S. and of the Methodist Episcopal church. A niece, Lewis of California, Funeral services will be held the Methodist church in Purcell o'clock Monday.

2. February 6, 1932 Carthage Evening Press Carthage, MO
Article from Carthage Evening Press, February 6, 1932

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Article Text

CAMPAIGN PLANS MADE Women's Division of Democratic Committee Meets Today Campaign plans were discussed at meeting of the women's division of the Jasper County Democratic committee this afternoon in the circuit court Mrs. J. D. Plummer, room. chairman, was in charge. Mrs. George Lavery of Joplin addressed the meeting on Victory Campaign." Plans for joint sessions of the county and township organizations were discussed by Grover C. James of Joplin, county chairman. Mrs. Plummer outlined plans for the township gatherings. Arrangements will be made to hold both county and township sessions once month. Officers of the women's division are: Mrs. Plummer, chairman; Mrs. Barney Finn, Sarcoxie, first vice chairman; Mrs. Emma Kasper, Carthage, second vice chairman; Mrs. H. Isherwood, Carl Junction, third vice chairman; Mrs. Lee Daugherty, Webb City, secretary, and Miss Mary Hackney, Carthage, treasurer. Receiver for Joplin Bank John W. Freeman, Joplin real The tate man and investor, yesterday was named by the state finance department to take charge of the affairs of the Joplin State bank as receiver. The bank closed recently, as result of heavy withdrawals. Mr. Freeman was stockholder in the bank and one of its original founders. He announced he would make an effort to reorganize It as soon as he ascertained the state finance department's requirements. Widow of Veteran Dies Mrs. Price, 84 Frances years old, died at the Price home in Purcell at 12:20 o'clock this afternoon. was the widow of John Price, union veteran of the civil Earl war who in 1912. She was died and of the member of the Methodist Episcopal church. niece, Frances Lewis of California, Funeral services held N. the Methodist church in o'clock Monday.