11066. Bank of Mendenhall (Mendenhall, MS)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
December 20, 1907
Location
Mendenhall, Mississippi (31.962, -89.870)

Metadata

Model
gpt-5-mini
Short Digest
5834b7a2

Response Measures

None

Description

Multiple contemporaneous newspaper reports (Dec 20, 1907) state the Bank of Mendenhall was placed in receivership and closed. Articles note deposits fell from $40,000 to about $10,000 and the bank could not realize on securities, leading to closure; one item states no special run. A later notice (Dec 23) said stockholders hoped it might resume, but no reopening is documented in these articles. Thus classified as suspension leading to closure/receivership.

Events (3)

1. December 20, 1907 Receivership
Newspaper Excerpt
L M. Walker, president of the bank, and Dewitt Enochs, attorney, were named as receivers. ... was forced to close.
Source
newspapers
2. December 20, 1907 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Deposits dwindled from ~$40,000 to ~$10,000; bank could not realize on securities and was insolvent, prompting closure and appointment of receivers.
Newspaper Excerpt
The Bank of Mendenhall ... was placed in the hands of a receiver today. It is a small state bank
Source
newspapers
3. December 23, 1907 Other
Newspaper Excerpt
GOOD PROSPECTS FOR BANK. Institution at Mendenhall Will Reopen After a Time. ... stockholders and directors ... concluded it will be possible ... in course of time it will be able to resume business on a substantial basis.
Source
newspapers

Newspaper Articles (9)

Article from The Birmingham Age-Herald, December 21, 1907

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Article Text

BANK CLOSES DOORS. Bank of Mendenhall Is the Second To Close In Mississippi. Jackson, Miss., December 20-(Special.)The Bank of Mendenhali, at Mendenhall, Simpsox county, has given way under the money strain. After a conference of stockholders and neighbori.g bankers it was decided to close. L M. Walker, president of the bank, and Dewitt Enochs, attorney, were named as receivers. The loans and discounts were $63,000; capital, $18,000; surplus, $3000; deposits, $40,000 on September 1, since which time more than $30,000 has been withdrawn and nothing coming in, as it was found impossive to realize on securities. This is the second bank failure of the year 'n Mississippi, the other being the Tishomingo Savings bank at Corith.


Article from Albuquerque Morning Journal, December 21, 1907

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Article Text

Mississippi Bank Busted. Jackson, Miss., Dec. 20.-The bank of Mendenhall, at Mendenhall, about 25 miles from here, was placed in the hands of a receiver today. It is a small state bank with a capital stock of $18,500 and deposits of $10,000.


Article from Tonopah Daily Bonanza, December 21, 1907

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Article Text

SMALL BANK FAILS. JACKSON, Miss., Dec. 20.-The Bank of Mendenhall, at Mendenhall, about twenty miles from here, was placed in the hands of a receiver today. It is a small State bank with a capital stock of $18,500 and deposits of $10,000,


Article from The Salt Lake Herald, December 21, 1907

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Article Text

SMALL BANK BROKE. Jackson, Miss., Dec. 20.-The Bank of Mendenhail, at Mendenhall, about twenty miles from here, was placed in the hands of a receiver today. It is a small state bank, with a capital stock of $18,500, and deposits of $10,000.


Article from The Montgomery Advertiser, December 21, 1907

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Article Text

Mississippi Bank Fails. Jackson, Miss., Dec. 20.-The Bank ) of Mendenhall, located at Mendenhall, about twenty miles "from here, was placed in the hands of a receiver today. This is a small State bank whose capital stock is $18,000. Two months ago, it had deposits of $40,000 and while there has been no special run ,they have dwindled to less than $10,000. The bank had ample collateral and securities, but could not realize on them and was forced to close.


Article from The Birmingham Age-Herald, December 24, 1907

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Article Text

GOOD PROSPECTS FOR BANK. Institution at Mendenhall Will Reopen After a Time. Jackson, Miss., December 23.-(Special.)-It is reported here that the stockholders and directors of the Bank of Mendenhall, which closed its doors Friday, have reached the conclusion it will be possible for the institution to worry along under the management of the receivers named, and that in course of time it will be able to resume business on a substantial basis. President z. D. Davis of the Capital National bank of this city, who was an officer in the Mendenhall bank, has been there in conference with the president of the Whitney National bank of New Orleans and the understanding is that they came to the conclusion the bank might work out of its present troubles with a little assistance, its collaterals being good. One of the worst features of the suspension is that the Simpson county court house may be delayed in completion, as the bank was financing the work. Architect A. J. Bryan of New Orleans is another interested party who has visited the scene, but it is said he has been assured the board of supervisors will make arrangements to carry on the work.


Article from The Spanish Fork Press, December 26, 1907

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Article Text

NEWS SUMMARY Senator Gore of Oklahoma has in troduced a bill providing for the election of United States senators by pop. ular vote. The Filpinos are to have their representatives in Washington within a month, just as the Porto Ricans are represented by Delegate Larrinaga. The Bank of Mendenhall, at Mendenhall, Miss., has been placed in the hands of a receiver. It is a small state bank, with a capital stock of $18,500 and deposits of $10,000. Van Leer Polk, one of the editors of the News-Scimitar, ex-consul general at Calcutta, and grand nephew of President Polk, died suddenly at Memphis, Tenn., last week. By an almost unanimous vote the Republican committee of New York county refused to adopt a resolution endorsing Governor Hughes for the Republican presidential nomination. At a meeting of the nut and bolt manufactures of the United States, held in Pittsburg last week, it was decided to reaffirm the prices which have ruled for 1907 for the next year Thinking it unloaded, John Meyer, a farmer boy living near Holy Cross. Iowa, pointed a shotgun at his sixteenyear-old sister and pulled the trigger. Her ders. head was blown from her shoul Senator Scott has introduced a joint resolution providing for the appoint ment of a committee of three sena tors and three representatives to in mines. vestigate the recent explosions in coa A. A. Wilson, a prominent merchant shot and killed Bud Doughty, a wealthy planter, in the former's store at Shaws, Miss. It is claimed that Doughty was using improper language before women. Joseph H. Choate, in an address at the annual meeting of the State Charities Aid association in New York City, advocated adherence 'to the old Mosaic law that one-tenth of all property be given to charity. Judge Ball has adjourned the annual meeting of the Illinois Central Railroad company to some day in February next, the day to be determined later by the attorneys representing Mr. Harriman and Mr. Fish. Edward Clifford, aged 25, was hanged at Peoria, III., on Friday for murdering his father, November 25, 1906. Clifford walked to the scaffold B repeated and stap шлу e prayer, led by Father Samon. Professor Anichkoff, who holds the chair of literature in the University of St. Petersburg, has been sentenced to confinement in a fortress for eigh. teen months for being a member of the peasant league of Novgord. The annual report of Commissioner Capers of the internal revenue bureau shows that for the fiscal year ended June 20, 1907, the receipts of this bureau were $269,664,022.85, an excess of $20,561,284 over the preceding year Eminent men in New York and other cities have begun a movement for the release of Nicholas Tschaikovsky and Catherine Breshkovsky, the Russian revolutionists now impris oned at reasons. St. Petersburg for political Horribly mutilated and her body # riddled with shot, Mrs. Mary Nelson e a most respected woman, was found dead in Happy Woods roads, nea e Hammond, La. Suspicion has faller upon a negro with whom Mrs. Nelson had a quarrel. It has been announced authorita -1 tively that Governor Dawson will lb within the next few days, call an ex S tra session of the West Virginia leg islature to convene January 28, fo the consideration of more stringen mining laws.


Article from Los Angeles Herald, December 26, 1907

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Article Text

MISSISSIPPI JACKSON, Miss., Dec. 25.-The bank of Mendenhall at Mendenhall, about twenty miles from here, was placed in the hands of a receiver. It is a small state bank. with a capital stock of $18,500 and deposits of $10,000. McHENRY-News reached here of the lynching of Patrick Husband, alias Pat Jones, a negro, about five miles east of here. Husband was charged with assaulting two daughters of Balton Rouse. a well known planter. About 100 armed men caught the negro and shot him to death. The same negro was convicted two years ago at Perkinston, Miss., of assault and served a term for this offense. LAUREL-A fight with guns occurred on the main street of Laurel in which Edward Bragg was killed and B. W. Sharborough, ex-state senator, was wounded. The two had a quarrel over a business matter in which Bragg is said to have advised Snarborough to go and get his gun. Sharborough went to a nearby store and purchased a shotgun and shells while Bragg waited. When Sharborough reappeared Bragg opened fire, hitting his man three times without dangerously wounding him Sharborough returned the fire, killing Bragg.


Article from The Idaho Recorder, January 2, 1908

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Article Text

# NEWS SUMMARY Senator Gore of Oklahoma has introduced a bill providing for the election of United States senators by popular vote. The Filipinos are to have their representatives in Washington within a month, just as the Porto Ricans are represented by Delegate Larrinaga. The Bank of Mendenhall, at Mendenhall, Miss., has been placed in the hands of a receiver. It is a small state bank, with a capital stock of $18,500 and deposits of $10,000. Van Leer Polk, one of the editors of the News-Scimitar, ex-consul general at Calcutta, and grand nephew of President Polk, died suddenly at Memphis, Tenn., last week. By an almost unanimous vote the Republican committee of New York county refused to adopt a resolution endorsing Governor Hughes for the Republican presidential nomination. At a meeting of the nut and bolt manufactures of the United States, held in Pittsburg last week, it was decided to reaffirm the prices which have ruled for 1907 for the next year. Thinking it unloaded, John Meyer, a farmer boy living near Holy Cross, Iowa, pointed a shotgun at his sixteen-year-old sister and pulled the trigger. Her head was blown from her shoulders. Senator Scott has introduced a joint resolution providing for the appointment of a committee of three senators and three representatives to investigate the recent explosions in coal mines. A. A. Wilson, a prominent merchant, shot and killed Bud Doughty, a wealthy planter, in the former's store at Shaws, Miss. It is claimed that Doughty was using improper language before women. Joseph H. Choate, in an address at the annual meeting of the State Charities Aid association in New York City, advocated adherence to the old Mosaic law that one-tenth of all property be given to charity. Judge Ball has adjourned the annual meeting of the Illinois Central Railroad company to some day in February next, the day to be determined later by the attorneys representing Mr. Harriman and Mr. Fish. Edward Clifford, aged 25, was hanged at Peoria, Ill., on Friday for murdering his father, November 25, 1906. Clifford walked to the scaffold with a firm step and repeated a prayer, led by Father Samon. Professor Anichkoff, who holds the chair of literature in the University of St. Petersburg, has been sentenced to confinement in a fortress for eighteen months for being a member of the peasant league of Novgord. The annual report of Commissioner Capers of the internal revenue bureau shows that for the fiscal year ended June 20, 1907, the receipts of this bureau were $269,664,022.85, an excess of $20,561,284 over the preceding year. Eminent men in New York and other cities have begun a movement for the release of Nicholas Tschaikovsky and Catherine Breshkovsky, the Russian revolutionists now imprisoned at St. Petersburg for political reasons. Horribly mutilated and her body riddled with shot, Mrs. Mary Nelson, a most respected woman, was found dead in Happy Woods roads, near Hammond, La. Suspicion has fallen upon a negro with whom Mrs. Nelson had a quarrel. It has been announced authoritatively that Governor Dawson will, within the next few days, call an extra session of the West Virginia legislature to convene January 28, for the consideration of more stringent mining laws. The wife of Henry Clay Ward, a well-known millionaire of Pontiac, Mich., and son of the late David Ward, has petitioned the court to declare her husband insane. Mr. Ward is well known in California, where he has spent considerable time. Mrs. Nellie G. Cochran, who was found with a bullet wound in her head at the home of her sister in Chicago, died at the hospital. It is believed by the police that she was murdered by M. L. Dillon, a salesman, whose dead body was found in the woman's room. Indictments charging J. Dalzell Brown, general manager of the insolvent California Safe Deposit and Trust company, and Walter J. Barnett, a director in the institution, with two counts of embezzlement, were returned by the grand jury last week. The woman who, on December 4, made an unsuccessful attempt to kill Lieutenant Juerschelmann, governor general of Moscow, by means of a bomb, was executed at Moscow on the 20th. On the scaffold she said to the executioners: "We will soon stop your hangings." Advices from Tutuila, Samoa, say that the volcano in the island Savali, in German Somoa, is working with greater activity than it has done since the first outbreak, and the eruptions are submarine and terrestrial. Lava is flowing into the sea at the rate of 7,000 tons a minute. A passenger train on the Soo line from St. Paul was derailed at Kensington, Minn. O. L. Anderson, bag-