Article Text
Bank Suspended and frozen assets have caused suspension of the Farmers and Merchants State bank of Hortonville with $220,000, Calvin Schwenker, commissioner of announced today.
19619. Farmers & Merchants State Bank (Hortonville, WI)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- June 10, 1931
- Location
- Hortonville, Wisconsin (44.335, -88.638)
Metadata
- Model
- gpt-5-mini
- Short Digest
0eda380ab25652d5
Response Measures
None
Description
Article (News-Record, 1931-06-10) reports the Farmers and Merchants State Bank of Hortonville was suspended by the state commissioner due to frozen assets. No mention of a prior depositor run or later reopening; suspension appears to be government-ordered and likely permanent (receiver not explicitly mentioned in the excerpt).
Events (1)
1.
June 10, 1931
Suspension
- Cause
- Government Action
- Cause Details
- State banking commissioner suspended the bank because of frozen assets (bank reported $220,000).
- Newspaper Excerpt
- Bank Suspended and frozen assets have caused suspension of the Farmers and Merchants State bank of Hortonville with $220,000, Calvin Schwenker, commissioner of announced today.
- Source
- newspapers
Newspaper Articles (1)
Click image to open full size in new tab