Farmers State Bank - Mulhall, OK

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: May 1, 1926*
Location: Mulhall, Oklahoma (36.065, -97.407)

Metadata

Model: gpt-5-mini
Short Digest: 6742ddd2

Response Measures

None

Description

OCRed article is garbled. The text refers to a growing failure of the Farmers State Bank at Mulhall and to a liquidator and criminal charges against an individual (Timmons) for misapplication/misappropriation of funds. No explicit mention of a depositor run is present. The article implies the bank failed and a liquidator was involved, so I classify this as a suspension leading to closure/receivership. Date of the article is 1926-05-22; the piece refers to a failure reported early this month, so I use May 1926 as the suspension timeframe. Corrections: corrected OCR fragments to infer growing failure of the Farmers State Bank at Mulhall, and that a liquidator was involved.

Events (1)

1. May 1, 1926* Suspension

Cause: Bank Specific Adverse Info
Cause Details: Bank failure tied to alleged misapplication/misappropriation of funds by an individual (Timmons); criminal charges and liquidator mentioned in article.
Newspaper Excerpt: growing failure the Farmers State bank when that fused new Mulhall ... liquidator
Source: newspapers

Newspaper Articles (1)

1. May 22, 1926 Blackwell Journal-Tribune Blackwell, OK

Article from Blackwell Journal-Tribune, May 22, 1926

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Article Text

Timmons On Trial In Federal Court May GUTHRIE, May supreme court today Joseph former trial the Oklahoma branch the Bast, MethAnton corporation, went odist bishop for trial federal court charge charge of misapplication of government Although Doctor funds, counts against Timmons the ill, he between $200 today begin his sentence He contends that the for expenses Doctor Bast final and before leaving office. trial of the Evidence offered concerned ity to the king growing failure the Farmers State bank when that fused new Mulhall. Timmons appropricheck reported early this month that for for trial chiefly liquidator clear record that he might and used the United States. He personal benefit, the the United States in 1922. charges.