10547. Bank of Purdy (Purdy, MO)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
October 1, 1895
Location
Purdy, Missouri (36.817, -93.921)

Metadata

Model
gpt-5-mini
Short Digest
af07aff0

Response Measures

None

Description

Multiple contemporaneous newspaper dispatches (Oct 1-3, 1895) report the Bank of Purdy (Barry County, MO) was closed by the Missouri Secretary of State and placed in receivers' hands due to insolvency following a state bank examiner's report. No article describes a depositor run prior to the closure. OCR variants of Secretary Le Sueur's name appear (Leiseur, Lesueur, Le Sueur); standardized here to Le Sueur. Episode categorized as suspension_closure (government-ordered suspension leading to permanent closure/receivership).

Events (2)

1. October 1, 1895 Receivership
Newspaper Excerpt
have been closed by Secretary of State Leiseur ... and are in the hands of receivers.
Source
newspapers
2. October 1, 1895 Suspension
Cause
Government Action
Cause Details
Closed by Missouri Secretary of State upon notification from the state bank examiner that the bank was insolvent.
Newspaper Excerpt
The Bank of Monett and the Bank of Purdy, both Barry County banks, have been closed by Secretary of State Leiseur upon notification by the State Bank Examiner of their insolvency and are in the hands of receivers.
Source
newspapers

Newspaper Articles (11)

Article from The San Francisco Call, October 1, 1895

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Article Text

Two Banks Insolvent. JEFFERSON CITY, Mo., Sept. 30.The Bank of Monett and the Bank of Purdy, both Bary County banks, have been closed by Secretary of State Leiseur upon notification by the State Bank Examiner of their insolvency and are in the hands of receivers. This makes thirteen banks closed by the Secretary of State since the executionof the bank examination law began on July 1, besides some half dozen others that anticipated the execution by making assignments.


Article from The Seattle Post-Intelligencer, October 2, 1895

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Article Text

Weeding Out the Missouri Banks. Jefferson City, Mo., Oct. 1.-The Bank of Monett and the Bank of Purdy. Barry county institutions, have been closed by Secretary of State Leseur upon notification by the state bank examiner of their insolvent condition. and are in the hands of the receivers. This makes thirteen banks closed by the secretary of state since the execution of the new bank examination law began on July 1. besides half a dozen that anticipated examination by making assignments.


Article from The Guthrie Daily Leader, October 2, 1895

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Article Text

TWO tsanks closed. JEFFERSON CITY, Mo., Oct. 1.--The Bank of Monett and the Bank of Purdy, both Bary county banks, have been closed by Secretary of State Lesueur upon notification of the state bank examiner of their insolvent and rotten condition, and are in the hands of receivers. This makes thirteen banks closed by the Secretary of State since the enforcement of the new bank examination law began on July 1, besides some half dozen others that anticipated the examination by making assignments.


Article from The Madison Daily Leader, October 2, 1895

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Article Text

MANY BANKS CLOSED. New Missouri Law Weeding Out Weak Institutions. JEFFERSON CITY, Mo., Oct. 2.-The Bank of Monett and the Bank of Purdy, both Barry county institutions, have been closed ly Secretary of State Le Sueur, upon notification by the state bank examiner of their insolvent condition and are in the bands of receivers. This makes 13 banks closed by the secretary of state since the execution of the new bank examination law legan on July 1. besides S me half a dozen others that anticipated the examination by making assignments


Article from Fort Worth Gazette, October 2, 1895

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Article Text

CLOSED TWO BANKS. Rigid State Law in Missouri Is Being Enforced. Jefferson City, Mo., Oct. 1. - The Bank of Monett and the Bank of Purdy, both Barry county institutions, have been closed by Secretary of State Lesuer, upon notification by the state bank examiner of their insolvent condition, and are in the hands of receivers. This makes thirteen banks closed by the secretary of state since the execution of the new bank examination law begun on the first of July, besides some half dozen others that anticipated the examination by making assignments.


Article from The Pioneer Press, October 3, 1895

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Article Text

MANY BANKS CLOSED. New Missouri Law Weeding Out Weak Institutions. JEFFERSON CITY, Mo., Oct. 3.-The Bank of Monett and the Bank of Purdy, both Barry county institutions, have been closed by Secretary of State Le Sueur, upon notification by the state bank examiner of their insolvent condition and are in the hands of receivers. This makes 13 banks closed by the secretary of state since the execution of the new bank examination law began on July 1, besides some half a dozen others that anticipated the examination by making assignments.


Article from Hutchinson Gazette, October 3, 1895

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Article Text

Two Banks Closed. JEFFERSON CITY, Mo., Oct. 1.--The Bank of Monett and the Bank of Purdy, both Bary county banks, have been closed by Secretary of State Lesueur upon notification of the state bank examiner of their insolvent and rotten condition, and are in the hands of receivers. This makes thirteen banks closed by the Secretary of State since the enforcement of the new bank examination law began on July 1, besides some half dozen others that anticipated the examination by making assignments.


Article from The Kinsley Graphic, October 4, 1895

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LATE NEWS BY WIRE. Items of General Interest From All Over the Universe. San Francisco, Oct. 2.-President Colls P. Huntington of the Southern Pacific railway, intimated today that there will soon be a general shake-up of officers on the Atlantic system. Albuquerkue, N. M., Oct. .-James Cornell, a well-known prospector and rancher of San Mateo, was .hot from ambush and killed yesterday by a band of renegade Apache Indians. Chicago, Oct. 2-The suit by the Whitman and Barns Manufacturing company of Ohio against the Craver and Steele Manufacturing company was dismissed to day by Judge Showalter. New York, Oct. 2-A dispatch from New Haven, Conn., announces the death at Hampton, Conn., today of Professor E. Whitney Blake, lately professor of physics at the Brown university. Danville, Oct. 2.-Shultz Liberger & Co., large tobacco manufacturers of this city, who do an extensive business south and west. assigned today. Liabilities$ 75,000; assets nearly that amount. Chicago, Oct. ?.-Rev. Anthony Kozlowski, priest of the Roman Catholic church in Lubeck street, near Roby, will begin suit for damage in the sum of $100,000 against Archbishop Feehan of the diocese of Chicago. The suit is the result of trouble growing out of the excommunication of the priest by the archbishop. Woodville, Miss., Oct. 2-The Edward McGee college for girls, one of the finest instutitions in the south, was destroyed by fire last night. There were seventy-five girls in the college, all of whom it is believed, escaped injury. The loss is not given. Washington, Oct. 2.-Miss Lucile Blackburn, daughter of Senator Joe Blackburn of Kentucky, was married at noon today at St. Matthews cathedral to Thomas F Lane, chief of division of the register's of fice in the treasury department. Jefferson City, Mo., Oct. 2.-The Bank or Monett and the Bank of Purdy, both Ber ry county institutions, have been closed by Secretary of State Leseur upon notifi cation by the state bank examiner of their insolvent condition, and are in the hands of receivers. Washington, Oct. 2.-Secretary Smith today approved selections of the Northern Pacific land amounting to 1,827.478 acres. Of this 94,518 acres are in the Fargo land distract, S. D., 766,716 in the North Yakima land district, Washington, and *966,264 in the Walla Walla land district, Washington. Salt Lake, Utah, Oct. 2.-A special to the Tribune from Cheyenne, Wyo., says: Articles of incorporation were filed here today for the California, Idaho and Montano Railroad company, which proposes to construct a road from Butte, Montana, to San Francisco. The capital stock is $30,000,000. The incorporators are Moritz Lipman, New York; Theodore Voorhees, Philadelphia; H. M. Dickey, Chicago, and Denver and Boise City parties New York, Oct. 2.-A movement is or foot to revive the committee of seventy or to create a similar body to take the steps necessary to bring about a union of all the anti-Tammany forces. The movement is inspired by the action taken by the good government club's convention last night in nominating a ticket against the advice of a majority of the executive committee.


Article from Little Falls Weekly Transcript, October 4, 1895

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Article Text

MANY BANKS CLOSED. New Missouri Law Weeding Out Weak Institutions. JEFFERSON CITY, Mo., Oct. 2.-The Bank of Monett and the Bank of Purdy, both Barry county institutions, have been closed by Secretary of State Le Sueur, upon notification by the state bank examiner of their insolvent condition and are in the hands of receivers. This makes 13 banks closed by the secretary of state since the execution of the new bank examination law began on July 1, besides some half a dozen others that anticipated the examination by making assignments.


Article from The Ely Miner, October 9, 1895

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THE NEWS. Compiled From Late Dispatches. DOMESTIC. i THE schooner John Raber went ashore 18 miles east of Whiting, Ind., and Capt. Johnson and an unknown sailor were drowned. THE St. Louis Loan and Investment company and the Aetna Loan and Savings company consolidated atSt. Louis with a capital of $9,000,000. FROST was general and very destructive in Virginia and North Carolina, a h of the tobacco crop being ruined. THE famous still run by Tom Blair, who was lynched New Year's morning in taken at Mount Sterling, Ky., as the mountains by revenue officers after a search of five years. THE monthly statement of the director of the mint shows coinage during the month of September as follows: Gold, $7,543,572; silver, $473,566; minor coins, $61,414; total coinage, $8,078,653. SOUTH CAROLINA is the only state in the union which has no divorce law, and the constitutional convention at Columbia added a section to the law which prevents recognition of divorces granted in other states. SINCE June 30, 1892, the net expenditures of the government have exceeded the receipts by $120,151,467. PETER CRAWFORD, 22 yearsold, a mail messenger, has been asleep in New York for the last seven months, and every device employed to awaken the man had proven futile. ALBERT WADE, assistant cashier of the First national bank at Mount Vernon, Ind., was said to be $20,000 short in his accounts. He had disappeared. CHARLES F. KLINE, a life prisoner in the penitentiary at Columbus, O., was paroled, being the first life man to be 60 favored. HENRY CARPENTER, an engineer, and three negroes were killed near Dupont, Ga., by a sawmill boiler explosion. THE Texas legislature convened at Austin for the purpose of passing a law that will effectually prohibit the Corbett-Fitzsimmons prize fight at Dallas announced for October 31. THE Valley Mutual Life Insurance company of Richmond, Va., failed for $100,000. JOHN LITTLEFIELD, of Ukiah, Cal., accused of shooting J. V. Vinton, was hanged by a mob of cattlemen. BRICK yards, a row of houses and an electric light factory were burned in Philadelphia, the total loss being $250,000. STULTZ, LISBERGER & Co., large tobacco manufacturers at Danville, Va., failed for $100,000. THE banks at Monett and Purdy in Barry county, Mo., were placed in the hands of receivers. AFTER a two-year struggle to re"trieve the loss caused by the financial depression the produce cold storage exchange in Chicago went into the hands of a receiver with liabilities of $500,000. REV. WILLIAM E. HINSHAW was convicted at Danville, Ind., of the murder of his wife on January 10 last and the jury fixed the punishment at life imprisonment. THE Texas legislature, by a vote of 27 to 1 in the senate and 110 to 5 in the house, passed a bill making it a felony to engage in a prize fight in the state, and attached to it a clause providing for the law going into effect at once. THE thirty-sixth national triennial convention of the Protestant Episcopal church of the United States met at Minneapolis. JAMES P. TILLOTSON, a prominent member of the Chicago board of trade, drowned himself in the lake because of heavy losses in speculation. THE president issued an order placing Maj. Gen. Nelson A. Miles at the head of the army of the United States. THE board of education of St. Paul, Minn., decided by a unanimous vote not to permit married women to teach in the public schools of that city. IN the Silver Creek (0.) district 2,000 coal miners went out on a sympathy strike, though they had themselves received the advance they asked for. THE whole business portion of Cambridge, O., was destroyed by fire with a loss of over $100,000. J. A. BLOWICH & Co., cloak manufacturers in New York, failed for $100,000. MANY orchard trees in North Coloma, Mich., have been forced into blossom by the heat from the forest fires that have been burning in that vicinity during the past few weeks.


Article from The State Republican, October 10, 1895

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All for love. The Chillicothe hunting club has received offer of $5,200 River. Grand hunting reserve of 520 acres for on their the Waterloo, The small boy of Steve Gates fell in a tub of water and of was drowned. Mrs. El'zabeth paralysis. years, from died at her N. home Wilson, in Moberly aged St. Louis. park, out Jockey in an Pratt accident had his at life Sportsman's crushed Marion Kirksey, a ten year old lad wagon was and fatally Ridge, the a G. A. R. at Green of At Jackson, CARD injured. thrown from ginsville. for the Confederate Home was taken at Hig- up court All house the stone at Paris, for the $100,000 Jasper came from county the McMeyers Texas, quarry is to of Miller, Miller, mother of Prof. principal limestone. fatally the at St. Joseph, was of the Hi.h school E. St. Joseph. explosion of a gasoline burned stove, by at nearly Mrs. 84 Caroline years, died F. Clarkson, at the aged son, Adam She Clarkson, in home from came about fifty young man broke off cause on the the young lady day a few insisted of the D. Hollyman, wedding county. judge engagement entertaining ago her Harmon A Utica Kentucky. dinner. wedding relatives Saline years at a be- his on of pioneer and one of the Marion county presiding court, Marion near county, died settlers of Hannibal, after a brief at his home died at W. hib A. Gray, aged 80 northeast home, sixteen Rev. of Clinton. He illness. years, preached miles years. for the Baptist church had Kentucky, 1838. and moved He to was Missouri born in in lately General retired John M. Schofield, in the army, has from two the command who of Missouri. Edward half-brothers Schofie traveling man, and A. is a The is a newspaper man at Humansville. H. Schofield General Rev. John Schofield, Polk Schofield, lived on father a of in and attorneys for Dr. The wife, county. charged farm of Amos with the murder Hearne Prosecuting first husband, J. Stillwell, have served Mrs. notice Hearne's on Heather Attorney application of their for intention H. of making Clay from both Marion a and change of venue ties. to Pike They ask that the Monroe case count county. be sen. The bank of Monett and have of Purdy, been both Barry county the Bank the Lesueur upon closed by Secretary banks, condition, and state of vent receivers. bank examiner notification are of in their the by hands insol- of banks closed makes thirteen bank state since the execution of by This the secretary the of 1st of examination law began now others July, besides some on the by making anticipated the examination half dozen to Stone appointed gates Governor assignments. Convention, the tq be Western held at Waterways deleHon. Miss., O.N. October Clark, 22 and 23, Vicksburg, as follows: Richard John Barthold, Hon. Seth St. W. Cobb, Hon. Hon. O. F. Joy, H. Hannibal; Louis; J. A. Mozley, Raney, Dexter; Piedmont; W. A. Hon. Hon. N. W. Booth, Captain Anderson, Captain Hunter Ben John ernor Hill, St. Louis. The of sent the the following letter Kaisert each Jerome delegates: Jenkins, Gov- P. to executive DEAR BIR-1 have been requested ern gates (Mies.,) Waterways from board committee this of state trade to of attend to the appoint Vicksburg, by deleon October 22 Convention at the West. this convention and is to 22. The purpose Vicksburg slealppl and better improvement measures of to state in states prom more thata the interested large is expected. attendance Ohio rivors. Perhaps from take I am no number Informed the Mis. of of souri, in it than and St. no Louis. city can this be work more than interested Mis. is The secretary had, with convenient whom to attend. you can make la J. it will correspondence be gratified Miss. Respectfully, A. Conway, Vicksburg, WILLIAM Broxe.