Bank of Sandy Hook - Sandy Hook, MO

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 2, 1929
Location: Sandy Hook, Missouri (38.748, -92.409)

Metadata

Model: gpt-5-mini
Short Digest: aa506447

Response Measures

None

Description

Article (Columbia Daily Tribune, 1929-01-02) reports the state finance department ordered the bank closed and sent a state bank examiner to take charge to investigate a supposed shortage. No run is mentioned and an examiner/closure was ordered, implying government-ordered suspension likely leading to permanent closure/receivership. OCR errors corrected (e.g., 'state bank aminer' -> 'state bank examiner').

Events (1)

1. January 2, 1929 Suspension

Cause: Government Action
Cause Details: State finance department ordered closure pending investigation of a supposed shortage; state bank examiner sent to take charge.
Newspaper Excerpt: SANDY HOOK BANK CLOSES Suspension Ordered for Investigation of Supposed Shortage. ...was closed today...the state finance department...Roy...state bank examiner, has been sent to Sandy Hook to take charge of the institution.
Source: newspapers

Newspaper Articles (1)

1. January 2, 1929 Columbia Daily Tribune Columbia, MO

Article from Columbia Daily Tribune, January 2, 1929

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Article Text

SANDY HOOK BANK CLOSES Suspension Ordered for Investigation of Supposed Shortage. Mo. Jan. bank of Sandy Sandy Hook. Moniteau county, with approximately $50,000 total resourcwas closed today its board directors for investigation supposed shortage, was announcat the state finance department. the first bank closing of 1929. Roy state bank aminer, has been sent to Sandy Hook to take charge of the stitution. No details were received and Finance Commissioner awaiting preliminary investigation by the Fred Heysel president, cashier, and Carl Jungmeyer, The bank had $10,000 capital and surplus.