18101. Bank of Miami (Miami, OK)

Bank Information

Episode Type
Run → Suspension → Closure
Bank Type
state
Start Date
December 7, 1907
Location
Miami, Oklahoma (36.875, -94.877)

Metadata

Model
gpt-5-mini
Short Digest
46313ef6

Response Measures

Full suspension

Description

Multiple dispatches (Dec 7–14, 1907) report a 30‑day run that cut deposits from $135,000 to $65,000 and that the Bank of Miami (Miami, Okla.) closed Dec. 7–8, 1907. The immediate cause cited is funds tied up in the failure of the National Bank of Commerce (Kansas City) — a correspondent failure. One item (Vinita Daily Chieftain) calls the suspension 'only temporary' and mentions a stockholders' meeting to arrange reopening, but no confirmed reopening appears in these articles. OCR shows inconsistent capitalization/capitalization amounts ($20,000, $30,000, $200,000 in different reports); I preserved bank name and city as given.

Events (3)

1. December 7, 1907 Run
Cause
Correspondent
Cause Details
Deposits and exchange tied up by failure of the National Bank of Commerce of Kansas City, which precipitated withdrawals over about 30 days.
Measures
Stockholders and directors to hold a meeting; community confidence expressed, but no extraordinary liquidity support mentioned.
Newspaper Excerpt
After a thirty days' run that reduced deposits from $135,000 to $65,000, the Bank of Miami closed today.
Source
newspapers
2. December 7, 1907 Suspension
Cause
Correspondent
Cause Details
Closed because its funds/exchange were tied up in the failed National Bank of Commerce (Kansas City).
Newspaper Excerpt
The Bank of Miami did not open its doors for business this morning ... thought that the suspension is only temporary.
Source
newspapers
3. * Other
Newspaper Excerpt
The stockholders and directors will hold a meeting Monday and it is thought they will arrange to reopen the bank at once. The closing of the bank did not create any excitement here as the people have the utmost confidence in the bank's ability to pay every dollar to depositors.
Source
newspapers

Newspaper Articles (10)

Article from The Vinita Daily Chieftain, December 7, 1907

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Article Text

CLOSED Bank of Miami Did Not Open For Business This Morning Special to the Daily Chieftain. Miami, Okla., Dec. 7. - The Bank of Miami did not open its doors for business this morning, but it is thought that the suspension is only temporary. The bank had a capital of $30,000 and carried deposits to the amount of $80,000. The failure of the National Bank of Commerce at Kansas City is the principal cause of its suspension as they had several thousand dollars tied up in that institution. No one in Miami doubts but that the bank will open up in a few days on a more solid foundation than ever. The closing of the bank did not create any excitement here as the people have the utmost confidence in the bank's ability to pay every dollar to depositors. The stockholders and directors wil hold a meeting Monday and it is thought they will arrange to reopen the bank at once.


Article from The Salt Lake Herald, December 8, 1907

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Article Text

OKLAHOMA BANK CLOSED. Miami, Okla., Dec. 7.-After a thirty days' run that reduced deposits from $135,000 to $65,000, the Bank of Miami closed today. Its funds were tied up in the National Bank of Commerce of Kansas City, which failed Wednesday. The bank is capitalized at $20,000. C. P. Williams is president.


Article from The Marion Daily Mirror, December 9, 1907

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Article Text

TELEGRAPHIC BREVITIES. Stephen Buhrer, mayor of Cleveland from 1867 to 1871, is dead. George Olley, aged 110 years, lacking 18 days, believed to be the oldest person in New York state, is dead at his home in Grand Bend, N. Y. Three boys ranging in age from 8 to 12 years were drowned while crossing the Flint river two and a half miles south of Flint, Mich., on the ice. In a report made to Gov. Harris the Ohio railroad commission declares that it has been hampered in its work by the courts, which have, for the mere asking, granted injunctions nullifying its orders. After a 30 days' run that reduced. deposits from $135,000 to $65,000, the Bank of Miami, Okla., closed. Its funds were tied up in the National Bank of Commerce, of Kansas City, which failed recently.


Article from The Stark County Democrat, December 10, 1907

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Article Text

Small Bank in Trouble. Miami, Okia., Dec. 8.-The Bank of Miami closed its doors here yesterday after a run of 30 days In which the deposits were reduced from $135,000 to $65,000. Doors are closed pending a settlement with depositors. The Na tional Bank of Commerce of Kansas City was the bank's only correspondent, which tied up all its exchange. It was capitalized at $20,000, with $10, 000 surplus and undivided profits. It was organized in 1895.


Article from Washington State Journal, December 11, 1907

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Article Text

SUMMARY OF NEWS SHORT CONCISE ITEMS FROM DISPATCHES. NEARLY ALL PARTS OF THE WORLD REPRESENTED HEREWITH. Recommendations have been made by bank commissioners to Attorney General Weber to take legal action relative to appointing a receiver for the California Safe Deposit Trust company of San Francisco, which sur pended business several weeks ago. The open navigation season on the great lakes this year cost 135 lives and property losses aggregating $2.598,000. After a 30 days' run that reduced deposits from $135,000 to $65,000, the Bank of Miami, Oklahoma, closed recently. Its funds were tied up in the National Bank of Commerce of Kansas City, which failed last week. The bank is capitalized at $200,000. C. P. Williams is president. Leaders of the liberal party in ses sion at Havana indorsed President Roosevelt's message to congress, SO far as it relates to Cuban affairs. At Kalamazoo, Mich., Mayor Thompson has issued an order that all of the theaters close during Sunday. The order prohibits "entertainments or any other form of amusement." Miss Alada Stryker, daughter of President and Mrs. Woolsey Stryker of Utica, N. Y., became the wife of Elihu Root, Jr., at the home of her parents. After a wedding journey Mr. and Mrs. Root will take up their residence in New York city. Dr. W. S. Woods, president of the National Bank of Commerce at Kansas City, asserts that the bank may reopen within a short time. Governor Malcom R. Patterson of Tennessee was married Saturday to Miss Mamie Gardner at Union City, Tenn. All but one of the 12 troops of cavelry sent to the Cheyenne river reservation have been ordered back to their former post, Fort Des Moines. O. A. Sutherland, who was widely known throughout the Boundary (B. C.) district, being employed in the customs service at Nelson and Kaslo for five or six years, died of pneumonia and pieurisy at Winnipeg recently. A sudden and destructive flood swept down Salmon river, on the east coast of Vancouver island, last week, raising the niver 28 feet in three hours. General Liautey, commanding the French fying column in Algeria, reported that he has destroyed the camp of Marabout Bouthick, one of the leaders of the revolt and who proclaimed a holy war on the French frontier. Mrs. W. J. Bryan and her daughter have sailed for Europe and will spend the winter in the holy land. Twenty-one sailors implicated in the recent mutinies at Vladivostok were condemned to death by a courtmartial. Twenty-four more were given varying terms of penal servitude. The National Committee of Republicans has selected the place at Chicago and date June 16 for the next national convention. John W. Reeves, who was convicted of setting fire to freight cars which caused the explosion of a quantity of dynamite, resulting in the death of several persons and the destruction of the Colorado & Southern freight depot and considerable other property during the recent switchmen's strike, was sentenced to not less than 10 nor more than 15 years in the penitentiary. It is understood that the appointment of Baron Takahira as ambassa dor to Washington will be made short ly after Viscount Aoki leaves America. M. A. Wilkins, who is charged with killing Viona Carmen, with whom he lived, and burying her beneath an out. house at their home in Elmhurst, was today beld to answer before the superior court on the charge of murder. At a meeting of prominent hop growers held in Sacramento, Cal., the preliminaries were practically completed looking toward the rganization of a hop growers' association.


Article from The Havre Herald, December 13, 1907

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Article Text

NEWS OF THE WORLD SHORT DISPATCHES FROM ALL PARTS OF THE GLOBE, A Review of Happenings in Both Eastern and Western Hemispheres During the Past Week-National, Historical, Political and Personal Events. Recommendations have been made by bank commissioners to Attorney General Weber to take legal action relative to appointing a receiver for the California Safe Deposit Trust company of San Francisco, which SUBpended business several weeks ago. The open navigation season on the great lakes this year cost 135 lives and property losses aggregating $2.598,000. After a 30 days' run that reduced deposits from $135,000 to $65,000, the Bank of Miami, Oklahoma, closed recently. Its funds were tied up in the National Bank of Commerce of Kansas City, which failed last week. The bank is capitalized at $200,000. C. P. Williams is president. Leaders of the liberal party in ses sion at Havana indorsed President Roosevelt's message to congress, SO far as it relates to Cuban affairs. At Kalamazoo, Mich., Mayor Thompson has issued an order that all of the theaters close during Sunday. The order prohibits "entertainments or any other form of amusement." Miss Alada Stryker, daughter of President and Mrs. Woolsey Stryker of Utica, N. Y., became the wife of Elihu Root, Jr., at the home of her parents. After a wedding journey Mr. and Mrs. Root will take up their residence in New York city. Dr. W. S. Woods, president of the National Bank of Commerco at Kangas


Article from The Kendrick Gazette, December 13, 1907

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Article Text

SUMMARY OF NEWS SHORT CONCISE ITEMS FROM DISPATCHES. NEARLY ALL PARTS OF THE WORLD REPRESENTED HEREWITH. Recommendations have been made by bank commissioners to Attorney General Weber to take legal action relative to appointing a receiver for the California Safe Deposit Trust company if San Francisco, which sudpended business several weeks ago. The open navigation season on the great lakes this year cost 135 lives and pioperty losses aggregating $2.598,000. After a 30 days' run that reduced deposits from $135,000 to $65,000, the Bank of Miami, Oklahoma, closed recently. Its funds were tied up in the National Bank of Commerce of Kansas City, which failed last week. The bank is capitalized at $200,000. C. P. Williams is president. Leaders of the liberal party in ses sion at Havana indorsed President Roosevelt's message to congress, SO far as it relates to Cuban affairs. At Kalamazoo, Mich., Mayor Thompson has issued an order that all of the theaters close during Sunday. The order prohibits "entertainments or any other form of amusement." Miss Alada Stryker, daughter of President and Mrs. Woolsey Stryker of Utica, N. Y., became the wife of Elihu Root, Jr., at the home of her parents. After a wedding journey Mr. and Mrs. Root will take up their residence in New York city. Dr. W. S. Woods, president of the National Bank of Commerce at Kansas City, asserts that the bank may reopen within a short time. Governor Malcom R. Patterson of Tennessee was married Saturday to S Miss Mamie Gardner at Union City. Tenn. All but one of the 12 troops of cavelry sent to the Cheyenne river reservation have been ordered back to their former post, Fort Des Moines. O. A. Sutherland, who was widely known throughout the Boundary (B. C.) district, being employed in the S oustoms service at Nelson and Kaslo for five or six years, died of pneumonia and pleurisy at Winnipeg recently. A sudden and destructive flood swept f down Salmon river, on the east coast e of Vancouver island, last week, rais1 ing the iver 28 feet in three hours. General Liautey, commanding the t French flying column in Algeria, rer ported that he has destroyed the camp of Marabout Bouthick, one of the leaders of the revolt and who proclaimed a holy war on the French frontier. S Mrs. W. J. Bryan and her daughter have sailed for Europe and will spend the winter in the holy land. n Twenty-one sailors implicated in the e recent mutinies at Vladivostok were 0 condemned to death by a courtmartial. Twenty-four more were given varying terms of penal servitude. The National Committee of Republicans has selected the place at Chi7 cago and date June 16 for the next national convention. John W. Reeves, who was convicted n of setting fire to freight cars which d caused the explosion of a quantity of dynamite, resulting in the death of several persons and the destruction n of the Colorado & Southern freight n depot and considerable other property during the recent switchmen's strike, g


Article from Troy Weekly News, December 13, 1907

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Article Text

an th, NEWS OF THE WORLD eniot SHORT DISPATCHES FROM ALL es ie, PARTS OF THE GLOBE. nA Review of Happenings in Both cn Eastern and Western Hemispheres as During the Past Week-National, e, Historical, Political and Personal n Events. y $ Recommendations have been made f by bank commissioners to Attorney ZGeneral Weber to take legal action e relative to appointing a receiver for the California Safe Deposit Trust comit pany f San Francisco, which suspended business several weeks ago. h The open navigation season on the great lakes this year cost 135 lives r and pioperty losses aggregating $2.598,000. After a 30 days' run that reduced deposits from $135,000 to $65,000, the t Bank of Miami, Oklahoma, closed recently. Its funds were tied up in the National Bank of Commerce of Kansas City, which failed last week. The bank is capitalized at $200,000. C. P. Williams is president. Leaders of the liberal party in ses sion at Havana indorsed President Roosevelt's message to congress, SO far as it relates to Cuban affairs. At Kalamazoo, Mich., Mayor Thompson has issued an order that all of the theaters close during Sunday. The order prohibits "entertainments or any other form of amusement." Miss Alada Stryker, daughter of President and Mrs. Woolsey Stryker of Utica, N. Y., became the wife of Elihu Root, Jr., at the home of her parents. After a wedding journey Mr. and Mrs. Root will take up their residence in New York city. Dr. W. S. Woods, president of the National Bank of Commerce at Kansas City, asserts that the bank may reopen within a short time. Governor Malcom R. Patterson of Tennessee was married Saturday to Miss Mamie Gardner at Union City, Tenn. All but one of the 12 troops of cavelry sent to the Cheyenne river reservation have been ordered back to their former post, Fort Des Moines. O. A. Sutherland, who was widely known throughout the Boundary (B. C.) district, being employed in the customs service at Nelson and Kaslo for five or six years, died of pneumonia and pleurisy at Winnipeg recently. A sudden and destructive flood swept down Salmon river, on the east coast of Vancouver island, last week, raising the iiver 28 feet in three hours. General Liautey, commanding the French fying column in Algeria, reported that he has destroyed the camp of Marabout Bouthick, one of the leaders of the revolt and who proclaimed a holy war on the French frontier. Mrs. W. J. Bryan and her daughter have sailed for Europe and will spend the winter in the holy land. Twenty-one sailors implicated in the recent mutinies at Vladivostok were condemned to death by a courtmartial. Twenty-four more were given varying terms of penal servitude. The National Committee of Republicans has selected the place at Chicago and date June 16 for the next national convention. John W. Reeves, who was convicted of setting fire to freight cars which caused the explosion of a quantity of dynamite, resulting in the death of several persons and the destruction of the Colorado & Southern freight depot and considerable other property during the recent switchmen's strike, was sentenced to not less than 10 nor more than 15 years in the penitentiary. It is understood that the appointment of Baron Takahira as ambassa dor to Washington will be made short y after Viscount Aoki leaves America. M. A. Wilkins, who is charged with killing Viona Carmen, with whom lie lived, and burying her beneath an out house at their home in Elmhurst, was today beld to answer before the superior court on the charge of murder At a meeting of prominent hop growers held in Sacramento, Cal., the preliminaries were practically comleted looking toward the rganization f a hop growers' association.


Article from Camas Prairie Chronicle, December 13, 1907

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Article Text

NEWS OF THE WORLD SHORT DISPATCHES FROM ALL PARTS OF THE GLOBE. A Review of Happenings in Both Eastern and Western Hemispheres During the Past Week-National, Historical, Political and Personal Events. Recommendations have been made by bank commissioners to Attorney General Weber to take legal action relative to appointing a receiver for the California Safe Deposit Trust company of San Francisco, which suspended business several weeks ago. The open navigation season on the great lakes this year cost 135 lives and pioperty losses aggregating $2.598,000. After a 30 days' run that reduced t deposits from $135,000 to $65,000, the Bank of Miami, Oklahoma, closed recently. Its funds were tied up in the National Bank of Commerce of Kansas City, which failed last week. The t bank is capitalized at $200,000. C. P. Williams is president. Miss Alada Stryker, daughter of p President and Mrs. Woolsey Stryker of Utica, N. Y., became the wife of t Elihu Root, Jr., at the home of her t parents. After a wedding journey Mr. and Mrs. Root will take up their resit dence in New York city. Leaders of the liberal party in ses sion at Havana indorsed President Roosevelt's message to congress, so t far as it relates to Cuban affairs. c At Kalamazoo, Mich., Mayor Thompson has issued an order that all of the o theaters close during Sunday. The p order prohibits "entertainments or any li other form of amusement." r Dr. W. S. Woods, president of the National Bank of Commerce at Kansas City, asserts that the bank may reo open within a short time. o Governor Malcom R. Patterson of b Tennessee was married Saturday to c Miss Mamie Gardner at Union City, Tenn. S A sudden and destructive flood swept W down Salmon river, on the east coast m of Vancouver island, last week, raisfo ing the iver 28 feet in three hours. th General Liautey, commanding the W French flying column in Algeria, reW ported that he has destroyed the camp le of Marabout Bouthick, one of the leaders of the revolt and who proclaimed F a holy war on the French frontier. di All but one of the 12 troops of cava elry sent to the Cheyenne river reserM vation have been ordered back to their re former post, Fort Des Moines. a O. A. Sutherland, who was widely in known throughout the Boundary (B. W th C.) district, being employed in the customs service at Nelson and Kaslo for five or six years, died of pneumonia fi se and pleurisy at Winnipeg recently. Mrs. W. J. Bryan and her daughter Il have sailed for Europe and will spend ju the winter in the holy land. su Twenty-one sailors implicated in the co recent mutinies at Vladivostok were condemned to death by a courtmartial. jo ha Twenty-four more were given varying terms of penal servitude. ch The National Committee of Repub$1 th licans has selected the place at ChiK cago and date June 16 for the next national convention. 50 to John W. Reeves, who was convicted ra of setting fire to freight cars which fee caused the explosion of a quantity of ha dynamite, resulting in the death of no several persons and the destruction 85 of the Colorado & Southern freight me depot and considerable other property lea during the recent switchmen's strike, rid was sentenced to not less than 10 nor more than 15 years in the penitentiary. ha tio It is understood that the appointclu ment of Baron Takahira as ambassa the dor to Washington will be made short Gi ly after Viscount Aoki leaves America. Ph M. A. Wilkins, who is charged with


Article from Pullman Herald, December 14, 1907

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Article Text

SUMMARY OF NEWS SHORT CONCISE ITEMS FROM DISPATCHES. NEARLY ALL PARTS OF THE WORLD REPRESENTED HEREWITH. Recommendations have been made by bank commissioners to Attorney General Weber to take legal action relative to appointing a receiver for the California Safe Deposit Trust company of San Francisco, which SW3pended business several weeks ago. The open navigation season on the great lakes this year cost 135 lives and pioperty losses aggregating $2.598,000. After a 30 days' run that reduced deposits from $135,000 to $65,000, the Bank of Miami, Oklahoma, closed recently. Its funds were tied up in the National Bank of Commerce of Kansas City, which failed last week. The bank is capitalized at $200,000. C. P. Williams is president. Leaders of the liberal party in ses sion at Havana indorsed President Roosevelt's message to congress, so far as it relates to Cuban affairs. At Kalamazoo, Mich., Mayor Thompson has issued an order that all of the theaters close during Sunday. The order prohibits "entertainments or any other form of amusement." Miss Alada Stryker, daughter of President and Mrs. Woolsey Stryker of Utica, N. Y., became the wife of Elihu Root, Jr., at the home of her parents. After a wedding journey Mr. and Mrs. Root will take up their residence in New York city. Dr. W. S. Woods, president of the National Bank of Commerce at Kansas City, asserts that the bank may reopen within a short time. Governor Malcom R. Patterson of Tennessee was married Saturday to Miss Mamie Gardner at Union City, Tenn. All but one of the 12 troops of cavelry sent to the Cheyenne river reservation have been ordered back to their former post, Fort Des Moines. O. A. Sutherland, who was widely known throughout the Boundary (B. C.) district, being employed in the customs service at Nelson and Kaslo for five or six years, died of pneumonia and pleurisy at Winnipeg recently. A sudden and destructive flood swept down Salmon river, on the east coast of Vancouver island, last week, raising the niver 28 feet in three hours. General Liautey, commanding the French fying column in Algeria, reported that he has destroyed the camp of Marabout Bouthick, one of the leaders of the revolt and who proclaimed a holy war on the French frontier. Mrs. W. J. Bryan and her daughter have sailed for Europe and will spend the winter in the holy land. Twenty-one sailors implicated in the