Security State Bank - Morris, OK

Bank Information

Episode Type: Run → Suspension → Reopening
Bank Type: state
Start Date: March 1, 1925*
Location: Morris, Oklahoma (35.608, -95.860)

Metadata

Model: gpt-5-mini
Short Digest: 0ddee0d7

Response Measures

Capital injected, Full suspension

Other: Reopened under new name; reorganization and stockholder support described.

Description

Article reports Peoples State Bank of Morris closed a month ago after steady run and has been reopened under the name Security State Bank (article dated 1925-04-03). The sequence is a run, a closure/suspension about a month earlier, and reopening under a new name. OCR errors in the clipping (missing words) were corrected when interpreting the snippet.

Events (3)

1. March 1, 1925* Run

Cause Details: Article only states a steady run led to closure; no specific trigger (rumor, correspondent trouble, or bank-specific failure) is identified.
Measures: None specified; bank subsequently closed and later reopened under a new name.
Newspaper Excerpt: Peoples State Bank of Morris, which closed its doors month ago after steady run the bank.
Source: newspapers

2. March 1, 1925* Suspension

Cause Details: Closure described as occurring after the run; no government action or voluntary liquidation mentioned.
Newspaper Excerpt: Peoples State Bank of Morris, which closed its doors month ago after steady run the bank.
Source: newspapers

3. April 3, 1925 Reopening

Newspaper Excerpt: Peoples State Bank ... has been reopened the name the Security State Bank. ... Stockholders declare renewed steady [business].
Source: newspapers

Newspaper Articles (1)

1. April 3, 1925 The Enid Morning News Enid, OK

Article from The Enid Morning News, April 3, 1925

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Article Text

MORRIS STATE BANK OPENED Peoples State Bank Reopened Security State Bank. MORRIS, Peoples State Bank of Morris, which closed its doors month ago after steady run the bank. been reopened the name the Security State Bank. tinues and cashier. has been elected vice president. Stockhold declare renewed steady