Paris Savings Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: savings bank
Start Date: August 12, 1926
Location: Paris, Missouri (39.481, -92.001)

Metadata

Model: gpt-5-mini
Short Digest: 71a58b9d

Response Measures

None

Description

Article (1926-08-13) reports Paris Savings Bank 'went out' months earlier and was liquidated; MonCounty Trust Company made final settlement and paid patrons in full. No run is mentioned; suspension appears to have resulted from liquidation and the bank remained closed.

Events (2)

1. August 12, 1926 Other

Newspaper Excerpt: Officers and directors of the MonCounty Trust Company met last Thursday and made final settlement with the Paris Savings Bank ... Every patron of the institution... was paid full within month after suspend... when liquidation was decided upon. all money realized them divided among stockholders. (The Monroe County Appeal, 1926-08-13).
Source: newspapers

2. * Suspension

Cause: Voluntary Liquidation
Cause Details: Bank 'went out' months earlier and liquidation was decided upon; suspension/closure occurred as part of liquidation.
Newspaper Excerpt: made final settlement with the Paris Savings Bank, which the of when went out of months ago.
Source: newspapers

Newspaper Articles (1)

1. August 13, 1926 The Monroe County Appeal Paris, MO

Article from The Monroe County Appeal, August 13, 1926

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Article Text

Trust Company Pays Up All Obligations Officers and directors of the MonCounty Trust Company met last Thursday and made final settlement with the Paris Savings Bank, which the of when went out of months ago. Every has now been Not penny was sufferpatron of the institution. any All were paid full within month after suspendThe loyalty of stockholders evidenced of them signing bond which otherwise would have the lot the directors when liquidation was decided upon. good many notes, still considered good, outstanding and all money realized them divided among stockholders. That Trust was in sound condition and that its were in no danger of when the was given seems thoroughly demonstrated. Martin Family Reunion. The Martin family held reunion the home Mr and Mrs. Ernest Hedden, just north Paris, Sunday. The sisters and four brothers were present, together other relatives. An elaborate dinner reunion feature.