gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
af6c8dda7e112a76
Response Measures
None
Description
Receiver named and final dividend payable indicates final closure/liquidation.
Events (1)
1.March 24, 1919Receivership
Newspaper Excerpt
To the depositors of the Chickasaw Bank & Trust company: All remaining collectable assets of the Chickasaw Bank & Trust company have been collected and a final dividend is now payable to the depositors. NORTH MEMPHIS SAVINGS BANK, Receiver for the Chickasaw Bank & Trust Co.
Source
newspapers
Newspaper Articles (3)
1.March 24, 1919The News ScimitarMemphis, TN
Click image to open full size in new tab
Article Text
LEGAL NOTICES. NOTICE. NOTICE. To the depositors of the Chickasaw Bank & Trust company: All remaining collectable assets of the Chickasaw Bank & Trust company have been collected and a final dividend is now payable to the depositors. NORTH MEMPHIS SAVINGS BANK, Receiver for the Chickasaw Bank & Trust Co.
2.March 26, 1919The News ScimitarMemphis, TN
Click image to open full size in new tab
Article Text
NOTICE. NOTICE. To the depositors of the Chickasaw Bank & Trust company: All remaining collectable assets of the Chickasaw Bank & Trust company have been collected and a final dividend is now payable to the depositors. NORTH MEMPHIS SAVINGS BANK, Receiver for the Chickasaw Bank & Trust Co. ARE you in trouble or do you wish to help others in trouble? If so, attend the noon prayer meeting of Central Baptist church, which has been run every week day since Jan. 19, 1914. BEN COX, Pastor. LIBERTY bonds bought at highest prices. LIBERTY BOND CASH EXCHANGE, 1008-1009 Union & Planters Bank Bldg. RUSTIC furniture made by Levi Westbrooks & Son. 1704 S. Parkway.
3.March 27, 1919The News ScimitarMemphis, TN
Click image to open full size in new tab
Article Text
NOTICE. To the depositors of the Chickasaw Bank & Trust company: All remaining collectable assets of the Chickasaw Bank & Trust company have been collected and a final dividend is now payable to the depositors NORTH MEMPHIS SAVINGS BANK, Receiver for the Chickasaw Bank & Trust Co. ARE you in trouble or do you wish to help others in trouble? If so, attend the noon prayer meeting of Central Baptist church, which has been run every week day since Jan. 19. 1914. BEN COX, Pastor. LIBERTY bonds bought at highest prices. LIBERTY BOND CASH EXCHANGE 1008-1009 Union & Planters Bank Bldg.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.
Flag Article for Review
Flag Episode for Review
Chickasaw Bank & Trust Company · UID 1234010391431