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THE FARMERS STATE BANK WILL CLOSE President Says With the Good Roads Business Goes to the Larger Towns (Oklahoman) Down in McCurtain county, the heart of "Little Dixie," they do things differently, especially is this true in closing up the affairs of banks, which reach the point where they are no longer profitable and totter on the brink of danger, according to Paul Stewart, Haworth senator, who came to Oklahoma City Monday to confer with the banking department relative to a bank at Garvin. The Farmers State bank of Garvin has been operating since 1913. Until a few years ago, it did a profitable business. With the development of good roads, the banking business went to larger cities in the county. C. Gamble, president of the bank, looked ahead for himself as well as for his depositors. He bought several hundred acres of land in the river bottoms of McCurtain county. He planted Irish potatoes. He was very successful, and amassed a small fortune from this source. He is known as the "potato king" of McCurtain county. When his bank ceased to be as profitable as it should be to continue operation, he did not hang out a "closed" sign on the front door. He put the money in the bank to cover all deposits. Now the directors have decided the bank shall cease to exist. There is no run on the bank. The money is there. The depositors have been told to come and check out. The bank is going to quit. But no depositors will lose a penny. "Take your time, but come and get your money. We appreciate your business, but we are going to quit," says the notice to the depositors. "I tell you we do everything differenet down in McCurtain. the garden spot of the world," said Stewart.
