Bank of Mobile - Mobile, AL

Bank Information

Episode Type: Run → Suspension → Unsure
Bank Type: state
Start Date: June 10, 1927
Location: Mobile, Alabama (30.694, -88.043)

Metadata

Model: gpt-5-mini
Short Digest: 6b33df2d

Response Measures

Full suspension

Other: Board of directors closed the bank; state superintendent of banks en route to Mobile to consider continuation plans.

Description

OCR errors corrected in the clipping. Article (The Leaf-Chronicle, 1927-06-10) reports a run on the Bank of Mobile and that the board ordered the doors closed; state superintendent en route and some plan for continuation of the business was believed possible. No later reopening or receivership is mentioned in the provided text, so outcome is unclear.

Events (2)

1. June 10, 1927 Run

Cause Details: Article reports a run occurred this morning but gives no clear trigger (rumor or link to other bank not specified).
Measures: Depositors withdrawals led board to close the doors; state superintendent summoned.
Newspaper Excerpt: Follow the Peoples run on Bank of Mobile this morning.
Source: newspapers

2. June 10, 1927 Suspension

Cause Details: Board ordered closure of the bank following the run; state superintendent of banks reported en route to Mobile to consider continuation plans.
Newspaper Excerpt: the doors the institution were closed on orders of the board of directors.
Source: newspapers

Newspaper Articles (1)

1. June 10, 1927 The Leaf-Chronicle Clarksville, TN

Article from The Leaf-Chronicle, June 10, 1927

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Article Text

CHAMBERLIN AND LEVINE DRAW WORKERS' OVATION WIVES OF TRANS-ATLANTIC AIRMEN WILL MEET THEM IN PRAGUE, UNDER NEW PLANS BRE MEN JUNE 17-MOBILE, Berlin, June (AP Leased Wire. Clarence Chamberlin and Charles Levine, aviators, had real man holiday this afternoon motoring to Johannisthal and inspecting aircraft factories there. Giving the slip to newspapermen, the Americans left the embassy at an early hour. Their appearance at the factories completely pralyzed production. The workmen laid down their tools and crowded around the fliers for autographs. Berlin. June Leased Wire.) -The plans of Chamberlin and Levine modifica today First, they will not fly to Bremen to meet their wives as they had considered Instead the ladies join their husbands at Prague, the capital of ho-Slovakia Chamberlin and Mrs. Levine will debark from the Liner Berlin at Bremen June where they will be the of the Lusthansa Air Lines at They fly to Berlin at clock in the after leave plane for Prague arriving in evening join their husbands. Mobile Bank Closes June Leased Follow the Peoples run on Bank of Mobile this morning. the doors the institution were closed on orders of the board of directors. At the same time statement issued by Stewart that the state intendent of banks was on his to way Mobile and that it believed some plan for continuation of the business would be