Bank of Mize - Mize, MS

Bank Information

Episode Type: Suspension → Reopening
Bank Type: state
Start Date: August 24, 1911
Location: Mize, Mississippi (31.868, -89.556)

Metadata

Model: gpt-5-mini
Short Digest: ed2f62ac

Response Measures

None

Description

Article (Oxford Eagle, 1911-08-24) reports the Bank of Mize suspended payment due to the failure of a correspondent in Memphis (All Night and Day bank). The piece states the bank is expected to resume once it collects amounts due, indicating a temporary suspension with anticipated reopening; no run is reported.

Events (1)

1. August 24, 1911 Suspension

Cause: Correspondent
Cause Details: Suspended payments because it was a creditor of the failed All Night and Day Bank of Memphis to the extent of about $5,000; awaiting realization of those assets to resume payments.
Newspaper Excerpt: The Bank of Mize has suspend ed payment on account of the failure of the All Night and Day bank of Memphis, Tenn.
Source: newspapers

Newspaper Articles (1)

1. August 24, 1911 Oxford Eagle Oxford, MS

Article from Oxford Eagle, August 24, 1911

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Article Text

Mize.-The Bank of Mize has suspend ed payment on account of the failure of the All Night and Day bank of Memphis, Tenn. The Mize bank was a creditor of the failed bank to the extent of about $5,000. The capital of the Bank of Mize is $10,000. It is expected the bank will resume as soon as it realizes what is due it from Memphis.