Farmers Exchange Bank - Marshfield, MO

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: September 6, 1932
Location: Marshfield, Missouri (37.339, -92.907)

Metadata

Model: gpt-5-mini
Short Digest: d69c7694

Response Measures

None

Description

Article (The Springfield Press, 1932-09-07) reports the Farmers' Exchange in Marshfield as defunct and states The bank closed Tuesday afternoon and that officials are on trial for receiving deposits while the bank was insolvent. No explicit run is described. Date of closure inferred as 1932-09-06 (Tuesday before publication). Bank type not clearly indicated by name; set to unknown.

Events (1)

1. September 6, 1932 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Bank was insolvent; officials charged with receiving deposits while knowing bank was insolvent; prosecution and trials mentioned.
Newspaper Excerpt: Silas Killian, former president of the defunct Farmers' Exchange Marshfield... The bank closed Tuesday afternoon
Source: newspapers

Newspaper Articles (1)

1. September 7, 1932 The Springfield Press Springfield, MO

Article from The Springfield Press, September 7, 1932

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Article Text

TRIAL OF BANKER NEARS Expected to Be Given Case Jury Silas Killian Wednesday. SPECIAL TO THE PRESS MARSHFIELD. Mo., Sept. Trial Silas Killian, former president of the defunct Farmers' Exchange Marshfield, charged with receiving deposits he knew the bank was insolvent, was expected go to the jury late Wednesday. Several were being eliminsted and testimony the speeded The closed Tuesday afternoon and was well under way by noon Among state Trueman Richards, bank examiner; the Rev. Fred Gilbert Lamar. former Marshfield minister: Dennis, bank Elvin Rush, N. rant proprietor, Harry farmer near Marshfield. The state sought show that value much the deeds and by the bank was questionable. This the second trial of an ficial the bank. M. Bohannon, cashier, tried on similar charge the jury failed to agree. Several other officials are facing like charges.