17986. Union National Bank (Knoxville, TN)

Bank Information

Episode Type
Suspension โ†’ Closure
Bank Type
national
Bank ID
10401
Charter Number
10401
Start Date
November 12, 1931
Location
Knoxville, Tennessee (35.961, -83.921)

Metadata

Model
gpt-5-mini
Short Digest
6222cfd2a519e562

Response Measures

None

Description

Articles indicate the Comptroller/receiver took over the Union National Bank of Knoxville (receiver action reported around Nov. 12, 1931) and the bank is described as failed with a receiver in later reporting (Apr 11, 1933). No article describes a depositor run prior to suspension; the cause appears to be government action/receivership. OCR errors in articles (fragmented sentences) were present; dates inferred from article text and publication dates.

Events (4)

1. May 29, 1913 Chartered
Source
historical_nic
2. March 31, 1928 Voluntary Liquidation
Source
historical_nic
3. November 12, 1931 Receivership
Newspaper Excerpt
RECEIVER TAKES OVER BANK AT KNOXVILLE ... Union National Bank ... receiver took over bank at Knoxville Nov. 12 (Nashville Banner later: failed Union National Bank... receiver has ...) the receiver has back in the vaults $374,000 in bonds collateral (Apr 11, 1933).
Source
newspapers
4. November 12, 1931 Suspension
Cause
Government Action
Cause Details
Comptroller/receiver took control of the bank (forced takeover/receiver appointed).
Newspaper Excerpt
RECEIVER TAKES OVER BANK AT KNOXVILLE ... the comptroller observed ... Union National Bank ... receiver takes over
Source
newspapers

Newspaper Articles (4)

Article from The Huntsville Times, January 11, 1931

Click image to open full size in new tab

Article Text

Thorough Sift of Financial Situation Provided By Act of Leislature NASHVILLE, Tenn., Jan. stock its state thorough sift the financial resulting banks had public funds deposit. General Smith three deposits Bank subsidiary Caldwell and Company, Nashville receivership: the HolsUnion National Bank Knoxand the Liberty Bank Trust company at NashWithin the first week of its sixty seventh the general assembly unanimously passed joint resolution calling "thorough complete" invetigation every partment of the state government. House approval four technical tacked the resoluby the pave the way for of the inquiry of five with power the compel the and the duction records. Two bills putting "teeth" legislative also have been directly transactions of any of officials." Governor Henry H. Horton delivperson message which he told the that its first duty was thorough, honest and searching investigation," the fairs of all state offices including "Every man guilty of betrayal of his trust, exalted his should exposed, condemned removed from and violated laws should courts the old executive told the "If," he added, "the facts show any official been accused, you should state the facts regardless any possible dislike you have for the investigation he told the legislators "you should have friend to reward, nor enemy punish." As respective houses select the personnel the considerable importance, was attached the election of presiding officers. Representative Walker Haynes Winchester, nominated for speaker the first ballot, but the senate caucus required two days and eleven Titzhugh Memphis for speakership. Edward H. Crump, political leader came the capital back candidacy. On the final ballot the the adminwhich had voting for threw their entire support to Fitzhugh. the strength the vote for Broadbent, dependent. have made Broadspeaker. Both Fitzhugh and Haynes pledged themselves impartial investigation. Among matters facing the legislature problem meeting unfavorable balance tween and The department of finance and taxation estimated today receipts for the biennium beginning next July der present revenue will Expenditures period estimated $33,228,500, leaving difference approximateAnticipated expenditures general accounts, propriations, at more than $28,000,000.


Article from The Knoxville Journal, August 26, 1931

Click image to open full size in new tab

Article Text

Domestic Relations Docket Ninety-two cases are set on the domestic relations court docket. beginning on Tuesday September and extending through October 13, The docket, as announced by Mrs. Lennie G. Davis, deputy clerk, follows: Elsie B. Stephens vs. Herbert D. Carrie Mae Vandergriff vs. Troy Joe Shaw vs. Lula Shaw Mary E. C. Marshall vs. Walter C. Marshall June Johnson Buchannon VS. Leslie Hattie Fain vs. William Fain Beatrice Eubanks V8. Thomas Eubanks. Charles H. Keys VS. Margaret Keys. Robert King Blanche King Archie Lee Pultz vs. Gladys Pultz. Josephine Conway VS. Walter Conway. Solie Viles vs. Rose Viles Addie vs. Clay Simmons Esther G. Shultz vs. Luther E. SEPTEMBER 3 Helen Watson VS. Albert Watson Willie Cagle VS. Nancy Cagle Eliza Jane Fugate V8. Hiram Fugate Elsie Viles vs.,K Curtis Viles Dora Livingston vs. Theodore LivLucy Ragan Joseph Ragan Luther F. Gheen VS. Mattie Gheen Irene King Doyle VS. Thomas E Louise Johnson vs. Lloyd D. JohnHattle O'Dell Feathers VS. Porter M Feathers Margaret Vinson Crosby VS. Sherman Reva Chesney Rush VS. R T Rush SEPTEMBER 8 Delsie Carver vs. Carl Carver. Charley Kirk vs. Lucile Kirk Brown Chloe Hill Spears vs. Ernest Spears. Ruby Bullock vs. Leonard Bullock Eva T. Norwood vs. John A. Nor- Hannifin. wood. SEPTEMBER 17 Lucinda Meadows vs. Walter E Meadows Schultz Anderson VS. Eunice Anderson Estelle Carmack vs. James E. Carmack Stout, et al. Belva Ammons Watson VS. Paul B. SEPTEMBER 22 Watson Oille Hale Moles. vs. Elisha Moles. Louise L. Chandler vs. C. D. Chandler. Ruth V. White vs. James White SEPTEMBER 24 Flora Jane Hall vs. Floyd Hall Myrtle Branch Dickerson vs. Robert loway Emmitt et al. Cella Mabel Epperson vs. Liston T Epperson SEPTEMBER 10 Kilburn James Ira Thomason vs. Ada ThomSEPTEMBER 29 ason. Nellie Hill Moore VS. W A. Moore Maggie Rutherford vs C. R. Ruther ford Annis Smith vs. Albert Smith Joseph G. Gray Dorothy Gray Hunter Pres Adams vs Ruby Hardwick OCTOBER 1 Adams Grace Rose VS John Rose Campbell M Ogg vs. Pearl Ogg. Leola Richards Brabham VB. Malcolm Herbert Brabham Sarah H. Ballard VS Horace H E. Carpenter Ballard. Myrtle Marie Wells vs. Albert Har- OCTOBER 6 vey Wells Joseph William Kanipe vs Mary Bonham Elizabeth Kanipe Edward McAnally VB. Mary McAnally OCTOBER 8 Hobart Lovin VS Monie Lovin Frank VS. Leslie Lewis SEPTEMBER 15 Biddle Tucker vs. John Tucker OCTOBER 13 Verna Maples vs. Mary Maples Aulma Saultz Gibbins VB. Gerald Page 3 THE KNOXVILLE JOURNAL, KNOXVILLE, TENN., WEDNESDAY, AUGUST 26, 1931. Warren Gibbins $50 AND BOUND Jennie Mae Kyle VS. Clifford Fain Eunice Cross vs. J. Marion Cross Judge's Ruling In Auto-Street Ida Underwood V6. Clyde Underwood. Car Crash Case. Louise Thomas vs. Joe Thomas. Ella Mangrum VS. John Mangrum. Bertha Lee Brown vs. Walter Gibson Robert Bradley, negro, who Other pads smashed an automobile into a Foun Bernard J. Hannifin vs. Lillian Rule tain City street car August 14 and was himself knocked unconscious, may look like Marjorie Schultz vs. Ellsworth received a sentence of "$50 and bound' in city court yesterday. He Lula Cosmah VS Lee Cosmah et Bessie Stout VS. William H. G. was charged with drunken driving, Kotex reckless driving, and possessing whiskey. Catherine Lewis VS Robert L. Lewis Operator T. C. Dozier of the but how are they made Robert Gredig vs. Cora Gredig Annle Graves VS. Jerry Graves. street car testified the automobile where? by whom? You driven by the negro came straight have a right to know. Charles Calloway vs. Frances Caldown Broadway, swerved. and crashed into the trolley. Genevieve Mullins Flanigan VS. William R Flanigan Although admitting he had a pint Josephine Kilburn VS. Hezakia of liquor in the car, Bradley declared he had not taken a drink He claimed there was another car HEN a substitute claims to in front of his, a statement contra Adron Humphries VS. Edna Faddie dicted by Dozier Bradley lives at be "just like Kotex,' ask Ethel Jessee vs John D Jessee No. 1321 1-2 Sutherland avenue where it is made. How. By whom. Ocey L. Hunter vs. Benjamin F You will find the claim "like Bankruptcy Hearing Kotex" usually means the pad Lucy McCampbell vs. W. H Mc- Slated For Dr. Nash ard Hospitals used over ten m merely looks like Kotex. That's lion pads last year. It is made wi Madge Sweggerty vs. Melvin Swag- Dr. W. S. Nash will be examnot enough, when health is inined at a special hearing by hospital care and cleanliness. gerty Spencer Carpenter vs. Frances Bankruptcy Referee Thornburgh volved, as it is in your choice of Kotex stays soft for hour at today in connection sanitary protection. Demand the with his indebtedness to Holston- Shaped to fit. Adjustable. May Adele Bicknell Bonham VS. L. O. W Union National bank. bygiene of Kotex. The absolute worn on either side with safe Receiver Pearson for the bank, purity of Kotex. Sallie Farley V6. Bill Farley Disposable, of course. claims payment of loans and the Leonard Harrell vs. Della Harrell. There's one way to be sure. Get 100 per cent. assessment on Dr Nash's bank stock He also has genuine Kotex accept no subKoTex Elbert S. Johnson VS Vena Johnson been sued by the state for bonds stitute of whose makers you know Cleo Wester VS. Earnest Wester guaranteeing state deposits. nothing stand. Sanitary Napkins Broome Stella Broome VS. Edgar Harvey Carolyn Bible VS. Leonard A. Bible


Article from The Dodge Criterion, October 29, 1931

Click image to open full size in new tab

Article Text

RECEIVER TAKES OVER BANK AT KNOXVILLE London the Indian round table ference resulted repercussions riot The Knoxville Nov. 12 local Herbert field the comptroller observed in Bombay and Union National Bank as Calcutta corporation adopted resolution recording said he had no "emphatic the conference having the status bank which business order the board of Tuesday tive Five Ga. from out the bank was council vote on the forced made within the past Poona where Mahatma Gandhi long hours Basil president wheel, regarded the dif- was his belief the solvent ferent when Edward chairman riot here ocession through the said today had nothing stage regarding his reformed ranks and surged through the ATLANTA TO Esplanada before they again were back. NAME COMMISSION


Article from Nashville Banner, April 11, 1933

Click image to open full size in new tab

Article Text

State Gets Dividend on Holston-Union Deposit Knoxville April (Special)- The Treasury has paid the regular 40 per dividend on in the failed Union National Bank, while the receiver has back in the vaults $374,000 in bonds collateral, result of agree. reached the State Carpenter bank receiver. The State had sued for 100 per dividend deposits, receiver answered by suing the State for the bonds four days the bank that illegal was shown in permitting the withdrawal.