Article Text
Loose Creek Bank Suspended The Bank of Loose Creek at Loose Creek, this county, has been closed by its directors and will into the hands of special go deputy finance commissioner for the administration and liquidation of its affairs.
10425. Bank of Loose Creek (Loose Creek, MO)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- May 14, 1931
- Location
- Loose Creek, Missouri (38.508, -91.957)
Metadata
- Model
- gpt-5-mini
- Short Digest
f8f83178
Response Measures
None
Description
Article (May 14, 1931) states the bank was closed by its directors and turned over to the deputy finance commissioner for administration and liquidation. No run is mentioned. This appears to be a director-initiated closure leading to liquidation (voluntary liquidation) and assignment to a state official.
Events (1)
1.
May 14, 1931
Suspension
- Cause
- Voluntary Liquidation
- Cause Details
- Closed by its directors and turned over to deputy finance commissioner for administration and liquidation (director-initiated closure).
- Newspaper Excerpt
- Loose Creek Bank Suspended The Bank of Loose Creek at Loose Creek, this county, has been closed by its directors and will into the hands of special go deputy finance commissioner for the administration and liquidation of its affairs.
- Source
- newspapers
Newspaper Articles (1)
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