Corinth State Bank - Corinth, MS

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: November 20, 1931
Location: Corinth, Mississippi (34.948, -88.514)

Metadata

Model: gpt-5-mini
Short Digest: 77f42120

Response Measures

None

Description

No run mentioned in the articles. The bank closed Nov 20, 1931 and was placed in liquidation; a receiver (M. Stone) was appointed by chancery court at the request of the state superintendent, reported 1934-05-31. Classified as suspension leading to permanent closure/receivership (government action).

Events (2)

1. November 20, 1931 Suspension

Cause: Government Action
Cause Details: Bank closed on Nov. 20, 1931 and placed into liquidation at the request of the state superintendent.
Newspaper Excerpt: The receivership was requested superintendent state the closed Nov. 20, banks. The bank 1931.
Source: newspapers

2. May 31, 1934 Receivership

Newspaper Excerpt: STONE IS BANK RECEIVER ... been receiver for the Corinth State Bank in liquidation by Chancellor James FinThe receivership was requested superintendent state ... The receivership was requested ... in liquidation by Chancellor ... M Stone been receiver for the Corinth State Bank in liquidation ... The receivership was requested ... the bank in liquidation by Chancellor James ... the receiver was appointed at request of the superintendent of state banks.
Source: newspapers

Newspaper Articles (1)

1. May 31, 1934 The Commercial Appeal Memphis, TN

Article from The Commercial Appeal, May 31, 1934

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Article Text

STONE IS BANK RECEIVER Action for Institution at Corinth Made by Request CORINTH. Miss. May M Stone been receiver for the Corinth State Bank in liquidation by Chancellor James FinThe receivership was requested superintendent state the closed Nov. 20, banks. The bank 1931. receiver be paid $100 The is to month.