10431. Citizens Bank (Macon, MO)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
June 16, 1911
Location
Macon, Missouri (39.742, -92.473)

Metadata

Model
gpt-5-mini
Short Digest
4c2b09ae

Response Measures

None

Description

The bank was closed by the state bank commissioner (deputy commissioner put in charge) on 1911-06-16; subsequent reporting (by 1911-07-06) states the Citizens Bank 'went into the hands of a receiver' and a new bank was to replace it. No run is reported in the articles; the closure appears driven by regulator action after the cashier disappeared.

Events (2)
1. June 16, 1911 Suspension
Cause
Government Action
Cause Details
Deputy Bank Commissioner placed in charge after cashier Lon Hayner went missing; bank closed by state banking authorities.
Newspaper Excerpt
With Cashier Lon Hayner missing, the Citizens bank of Macon closed its doors this morning. Deputy Bank Commissioner Plank was put in charge by Commissioner Swanger.
Source
newspapers
2. July 6, 1911 Receivership
Newspaper Excerpt
a new bank is being ... to take the place of the Citizens bank of Macon, which went in hands of a receiver. The affairs of the Citizens' bank are to be ... by the new bank, which include a number of the old ... of the Citizens.
Source
newspapers

Newspaper Articles (2)
1. June 17, 1911 Tulsa Daily World Tulsa, OK
Article from Tulsa Daily World, June 17, 1911

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Article Text

MISSOURI BANK CLOSES. Macon Institution in Charge of Commissioner - -Cashier Is Missing. By Associated Press. Macon, Mo., June 16.-With Cash1er Lon Hayner missing, the Citizens bank of Macon closed its doors this morning. Deputy Bank Commissioner Plank was put in charge by Commissioner Swanger. The bank has deposits of more than $150,000. As a result of the suspension the Abell Dry Goods Company's store is closed. The store is said to have been backed by the bank. Hayner is said to have been interested in a manufacturing company here. Hayner's daughter, Sue, was married at 8 o'clock yesterday morning The hour originally set for the wedding was noon, but the family moved up the time. Immediately after the ceremony Hayner left Macon and the bank officers are trying to learn his whereabouts.

2. July 6, 1911 Morgan County Republican Versailles, MO
Article from Morgan County Republican, July 6, 1911

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Article Text

ation has been received at e of the state bank commishat a new bank is being orto take the place of the Citink of Macon, which went inands of a receiver. The afthe Citizens' bank are to be d by the new bank, which lude a number of the old ders of the Citizens.