18400. Huntsville State Bank (Huntsville, TX)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 3, 1931
Location
Huntsville, Texas (30.724, -95.551)

Metadata

Model
gpt-5-mini
Short Digest
e821155b001ebd08

Response Measures

None

Description

Board closed the bank and placed it in the hands of the banking commission on Jan 3, 1931 to prevent a threatened run. Article indicates a suspension by government/banking commission; no reopening mentioned in these articles so treated as permanent closure/suspension with receiver involvement.

Events (1)
1. January 3, 1931 Suspension
Cause
Government Action
Cause Details
Board of directors closed the bank and placed it in the hands of the state banking commission to prevent a threatened run.
Newspaper Excerpt
the board of directors had decided to close the bank and place it in the hands of the banking commission to prevent a threatened run on the bank and to protect the depositors.
Source
newspapers

Newspaper Articles (2)
1. January 3, 1931 Bryan-College Station Eagle Bryan, TX
Article from Bryan-College Station Eagle, January 3, 1931

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Article Text

Huntsville Bank Closes Its Doors To Save Patrons HUNTSVILLE, Jan. 3,-The Huntsville State Bank closed its doors Friday morning about 10:30 o'clock. A notice was posted on the doors, signed by J. G. Ashe ford, president, declaring that the board of directors had decided to close the bank and place it in the hands of the banking commission to prevent a threatened "run" on the bank and to protect the depositors. The closing of the bank caused considerable excitement among citizens of Huntsville and Walker county. Sell it with an Eagle want ad.

2. January 3, 1931 The Houston Chronicle Houston, TX
Article from The Houston Chronicle, January 3, 1931

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Article Text

Special The Chronicle Huntsville, Jan. 3.-The Huntsville State Bank closed its doors Friday morning about 10:30 o'clock. notice was posted on the doors, signed by J. G. Ashford, president, declaring that the board of directors had decided to close the bank and place It in the hands of the to prevent threatened "run" on the and to the The of the Izens of Huntsville and Walker Huntsville Bank shares sales Closes To Protect Its tal sales year $920,000 Depositors From Run Fuss Over Fighting Ability of Rooster Leads to Killing Special The Chronicle. Brownsville, Jan. quarrel the fighting ability of rooster in the death here Nasario Escamilla 34. Juan Rabago, held in the killing. said Esto him with rooster and match it with Ra bago's The and Escamilla then hit on the head with wrench and followed him home. where Rabago emerged with a shotgun, officers said.