Scranton State Bank - Scranton, MS

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: November 24, 1911
Location: Scranton, Mississippi

Metadata

Model: gpt-5-mini
Short Digest: 545c2235

Response Measures

None

Description

Article (The Pascagoula Democrat-Star, 1911-11-24) identifies A. L. Staples as receiver for the 'old Scranton State Bank' and preparing a final report with possible small dividend to stockholders. No run or reopening is mentioned; receiver implies the bank remained closed and in liquidation/receivership.

Events (1)

1. November 24, 1911 Receivership

Newspaper Excerpt: A. L. Staples, trust officer for the City Bank and Trust Company of Mobile, receiver for the old Scranton State Bank, was in the city on Wednesday on business. Mr. Staples said that he would be ready to make his final report as receiver at the term of chancery court opening in this city on Friday.
Source: newspapers

Newspaper Articles (1)

1. November 24, 1911 The Pascagoula Democrat-Star Pascagoula, MS

Article from The Pascagoula Democrat-Star, November 24, 1911

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Article Text

Order your Wood and Coal from BLACKWELL. Thursday morning Manager Blethen announced an entirely new departure for bis popular photo-play house. Complete dramatic presentations will be given, the entire evening being devoted to them. His schedule, as so far arranged, includes the following: "Vitagraph Monthly," Dec. 1; "Foul Play," Dec. 4; "Two Orpbans," Dec. 19; "Colleen Bawn." Dec. 25; "Auld Lang Syne," Dec. 28. According to a statement made by a prominent business man of the port territory during the past week, an official is quoted as having said that the Frieco system has decided not to take over the Pascagoula Northern railroad, at present. Whether this official has been correctly quoted or not has not been ascertained, but it is believed that early in the coming year something definite will result. Let us make that new Fall Suit and you will be satisfied. Cowgill. A. L. Staples. trust officer for the City Bank and Trust Company of Mobile, receiver for the old Scranton State Bank, was in the city on Wedneeday on business. Mr. Staples said that he would be ready to make his final report as receiver at the term of chancery court opening in this city ou Friday. He expressed the opinion that there way be another small divIdend to be paid to the stockholders of the old bank. The floral tributes placed upon the bier and grave of Joseph Alexander Mitchell last Wednesday were numerous and beautiful. Among the especially touching tributes was the large wreath on no uptight kiven by the members of the two base ball teams of the city, of which the deceased bad been a member. The large wreath was crossed with a beautiful band of silk on which appeared "P. L. W. 2. H. W. Regrets." The pall beaters were members of the two teams.