Bank of Williams - Williams, CA

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: February 18, 1933
Location: Williams, California (39.149, -122.137)

Metadata

Model: gpt-5-mini
Short Digest: 82fa958b

Response Measures

None

Description

Article (Enterprise-Record, 1933-02-18) refers to the 'closed bank of Williams' and local merchants planning scrip because deposits are in the closed bank. No mention of a depositor run; no reopening or receiver mentioned. Cause of suspension is not specified in the article, so classified as 'other'.

Events (1)

1. February 18, 1933 Suspension

Cause Details: Article only states the bank is 'closed' and discusses merchants issuing scrip for deposits; no cause (run, government action, or bank-specific failure) is given.
Newspaper Excerpt: Willows Merchants Plan on Deposits to issue scrip up to $5,000 with deposits in the closed bank of Williams ... local business men who have deposits in the bank
Source: newspapers

Newspaper Articles (1)

1. February 18, 1933 Enterprise-Record Chico, CA

Article from Enterprise-Record, February 18, 1933

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Article Text

Willows Merchants Plan on Deposits to issue scrip up to $5,000 with deposits in the closed bank of Williams security were discussed last night meeting of local business men who have deposits in the bank The plan proposed by Clarence Wickes, former cashier of bank provides that clearing house formed by the Depositors would to the organization 10 per cent their deposits, receiving in turn certificates for the amount of the assignment that would be good at their face value in local stores. The certificates would be deemed when the first dividend had been declared by the bank Definite plans next week after Wickes has local