11138. Bank of Sallis (Sallis, MS)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
April 23, 1917
Location
Sallis, Mississippi (33.022, -89.765)

Metadata

Model
gpt-5-mini
Short Digest
f912d8ba

Response Measures

None

Description

Articles report the failure of the Bank of Sallis on April 23, 1917; coverage focuses on criminal charges (embezzlement) arising from that failure. OCR shows 'Attalla' county which is likely Attala County (corrected). No mention of a depositor run in the supplied excerpts; the bank failed/suspended and led to prosecution, so classify as suspension leading to closure.

Events (1)

1. April 23, 1917 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank failure associated with alleged embezzlement and criminal conduct leading to the bank's failure on April 23, 1917.
Newspaper Excerpt
failure of the Bank of Sallis in Attalla caunty, Mississippi, on April 23rd, 1917.
Source
newspapers

Newspaper Articles (3)

Article from The Grenada Sentinel, November 29, 1918

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Article Text

OSCAR LAME FREED BY STATE SUPREME COURT. Indictment Against Jackson Man Improperly Procured, Is Ruling. Oscar Lamb, formeriy engaged in business here, by the decision of Division B of the Supreme Court of Mississippi, was this morning set free. His case, which has attracted wide attention, was for the alleged-receivng of embezzled property in connection with the failure of the Bank of Sallis in Attalla caunty, Mississippi, on April 23rd, 1917. On a change of venue from Attalla county, Lamb was convicted in January, 1918, at Grenada, and sentenced to a term of ten years in the State penitentiary. He appealed his case and assigned a number of errors. The Supreme Court rendered a lengthy opinion in which it held that the indictment against him was improperly procured, and improper and undue influence had been exerted before the grand jury of Attalla county. The Supreme Court also held that there was no offense charged against Lamb in the indictment, and that the evidence introduced for the State was wholly insufficient to sustain a conviction. The case was reviewed and the defendant discharged. The above is taken from the news columns of the Jackson Daily News of Monday. The case attracted much attention The defendant was represented by Judge Robert Powell and Teat & Teat while the State was represented Cowles Horton and district attorney Allen. The writer watched the case pretty closely while it was beng tried here and would have been surprised had the verdict not been reversed.


Article from Macon Beacon, December 6, 1918

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Article Text

# JENNINGS OFFERS # BAPTISTS $100,000 MISSISSIPPI BAPTISTS TO GIVE AN EQUAL SUM TO BUY BLUE MOUNTAIN COLLEGE. # THE MONEY FOR EDUCATION Meridian. The Baptist Record, of- ficial publication of Mississippi Bap- tists, by unanimous decision of the state convention, which ended its eightieth annual session in Meridian last week, will be owned and operated by the convention as are the other de- nominational institutions of the Bap- tists of Mississippi. The decision that the paper pass from company to de- nominational ownership was reached on recommendation of the convention board, after the question had been thoroughly considered. A feature of the convention was the report of the Baptist education com- mission of Mississippi, which em- braced a letter signed by A. E. Jen- nings for the Jennings family of Mem- phis, wherein the family offered to give to the educational interests of Mississippi Baptists $100,000 in five annual installments of $20,000 each, on condition that the Baptists of the state raise $200,000, including the gift, $100,000 of this to be used in purchas- ing Blue Mountain College for the Baptists of the state, the remaining $100,000 for the benefit of the conven- tion as the education commission may determine. The proposition would give the college to the denomination free from all debts and encumbrances. On recommendation of the commis- sion, the convention unanimously ac- cepted the offer, and A. E. Jennings, being present, was called to the plat- form. In a few brief remarks he told the convention of his family's decision to make the offer for the purchase of the famous educational institution. Natchez. A service flag in honor of the 31 members of the organization in military service was dedicated by the Natchez Council Knights of Co- lumbus, following the installation of the recently elected officers. Holly Springs. Word of the death overseas of James N. Beck, Jr., son of Mr. and Mrs. J. B. Beck, of Holly Springs, has been received by relatives here. Young Beck died in the Red Cross hospital, in Winchester, England. Water Valley. Mrs. Mattie Pass, a widow, residing on Route 6, of Water Valley, received an official telegram notifying her of the death of her son, Curtis, who was killed in action in France on Nov. 4. This leaves her only one son, who also is in the serv- ice over there. Jackson. Dec. 7 has been selected by Gov. Bilbo as a day when Missis- sippi shall pay tribute to the great work of the British in winning the world war, according to a proclamation is- sued here. On that day special pro- grams will be given in the schools, and on Dec. 8 ministers are requested to make special mention in their ser- mons of the British contribution to the allied victory. Greenwood. A destructive fire oc- curred at the home of Mr. and Mrs. M. Sampson, the blaze starting from a de- fective flue in the front part of the house. The roof of the two-story structure was burned off. Practically all the contents were removed from the house, but were badly damaged. Six persons were ill with influenza when the fire occurred, several of them being in a serious condition. They were removed to the King's Daughters' Hospital. Jackson. Oscar Lamb, former mer- chant of this city, sentenced to 10 years in the penitentiary for alleged receiving of embezzled property in connection with the failure of the Bank of Sallis, Attilla county, has been set free by the supreme court. Lamb was convicted and sentenced in January, this year, when tried at Gre- nada. He appealed to the supreme court. The latter tribunal held that the indictment was improperly pro- cured, and that undue influence had been exerted before the grand jury of Attilla county. Starkville. Mississippi A. and M. defeated her rival, the University of Mississippi, Thanksgiving Day. Score 34 to 6. The A. and M. backs gained consistently throughout the game, scoring one touchdown in the first, third and fourth quarters and going over twice in the second. The "Ole Miss" tacklers and ends were unable to stop the line plunging and end run- ning of the A. and M. College backs, and McNair, Perry, Smith, Hough and Mallory repeatedly tore off big gains around the ends or through the line. Vicksburg. John A. Kaiser was killed by a Yazoo & Mississippi Valley switch engine near his shop, which is located near the railroad. Billy Kab- ser, son of the dead man, is baggage master on Train 36, which leaves the station at 2:45 in the evening, and he


Article from The Aberdeen Weekly, December 6, 1918

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Article Text

# MISSISSIPPI # BRIEFLY TOLD EVENTS OF THE STATE Jackson. Oscar Lamb, former merchant of this city, sentenced to 10 years in the penitentiary for alleged receiving of embezzled property in connection with the failure of the Bank of Sallis, Attilla county, has been set free by the supreme court Lamb was convicted and sentenced in January, this year, when tried at Grenada. He appealed to the supreme court. The latter tribunal held that the indictment was improperly procured, and that undue influence had been exerted before the grand jury of Attills, county. Starkville-Mississippi A. and M defeated her rival, the University of Mississippi, Thanksgiving Day. Score 34 to 6. The A. and M. backs gained consistently throughout the game, scoring one touchdown in the first third and fourth quarters and going over twice in the second. The "Ole Miss" tacklers and ends were unable to stop the line plunging and end running of the A. and M. College backs, and McNair, Perry, Smith, Hough and Mallory repeatedly tore off big gains around the ends or through the line. Greenwood. - A destructive fire occurred at the home of Mr. and Mrs. M. Sampson, the blaze starting from a defective flue in the front part of the house. The roof of the two-story structure was burned off. Practically all the contents were removed from the house, but were badly damaged. Six persons were ill with influenza when the fire occurred, several of them being in a serious condition. They were removed to the King's Daughters' Hospital. Jackson. Dec. 7 has been selected by Gov. Bilbo as a day when Mississippi shall pay tribute to the great work of the British in winning the world war, according to a proclamation issued here. On that day special programs will be given in the schools, and on Dec. 8 ministers are requested to make special mention in their sermons of the British contribution to the allied victory. Water Valley. Mrs. Mattie Pass, a widow, residing on Route 6, of Water Valley, received an official telegram notifying her of the death of her son, Curtis, who was killed in action in France on Nov. 4. This leaves her only one son, who also is in the service over there. Greenwood.-Mr. and Mrs. C. L. McBride received notice from the war department advising that their son, Robert McBride, was slightly wounded during the latter part of September. McBride enlisted in Battery C. and was sent from Camp Beauregard to France. Holly Springs. Word of the death overseas of James N. Beck, Jr., son of Mr. and Mrs. J. B. Beck, of Holly Springs, has been received by relatives here. Young Beck died in the Red Cross hospital, in Winchester, England. Natchez. A service flag in honor of the 31 members of the organization in military service was dedicated by the Natchez Council Knights of Columbus, following the installation of the recently elected officers. Meridian. The Baptist Record, official publication of Mississippi Baptists, by unanimous decision of the state convention, which ended its eightieth annual session in Meridian last week, will be owned and operated by the convention as are the other denominational institutions of the Baptists of Mississippi. The decision that the paper pass from company to denominational ownership was reached on recommendation of the convention board, after the question had been thoroughly considered. A feature of the convention was the report of the Baptist education commission of Mississippi, which embraced a letter signed by A. E. Jennings for the Jennings family of Memphis, wherein the family offered to give to the educational interests of Mississippi Baptists $100,000 in five annual installments of $20,000 each, on condition that the Baptists of the state raise $200,000, including the gift, $100,000 of this to be used in purchasing Blue Mountain College for the Baptists of the state, the remaining $100,000 for the benefit of the convention as the education commission may determine. The proposition would give the college to the denomination free from all debts and encumbrances. On recommendation of the commission, the convention unanimously accepted the offer, and A. E. Jennings, being present, was called to the platform. In a few brief remarks he told the convention of his family's decision to make the offer for the purchase of the famous educational institution. Vicksburg-John A. Kaiser was killed by a Yazoo & Mississippi Valley switch engine near his shop, which is located near the railroad. Billy Kaiser, son of the dead man, is baggage master on Train 36, which leaves the station at 2:45 in the evening, and he throws off as he passes papers and other articles to his father. While the old man was waving to his son as