Benton County Bank - Camden, TN

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: September 1, 1916*
Location: Camden, Tennessee (36.059, -88.098)

Metadata

Model: gpt-5-mini
Short Digest: b9372cc3

Response Measures

None

Description

No run or depositor crowding mentioned. Article (1916-09-29) reports the banking house, furniture and fixtures were sold at public auction and the business of the old bank is being wound up by the First National Bank of this place, indicating suspension and permanent winding-up/closure. Cause not specified in the article.

Events (2)

1. September 1, 1916* Other

Newspaper Excerpt: The banking house, furniture and fixtures of the Benton County Bank was sold here Saturday at public auction. T.J. Lowry being the successful bidder, paying $2,175 for the property. The business of the old bank is being wound up by the First National Bank of this place.
Source: newspapers

2. September 1, 1916* Suspension

Cause Details: Article does not state a triggering cause; reports sale of banking house and that business is being wound up by First National Bank.
Newspaper Excerpt: The banking house, furniture and fixtures of the Benton County Bank was sold here Saturday at public auction... The business of the old bank is being wound up by the First National Bank of this place.
Source: newspapers

Newspaper Articles (1)

1. September 29, 1916 The Camden Chronicle Camden, TN

Article from The Camden Chronicle, September 29, 1916

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Article Text

The October term of Circuit Court will convene here Monday, October 2. The clerk's calendar appeared in The Chronicle a few weeks ago, and embraces a number of important cases. The Woman's Benefit Associa. tion of the Maccabees will meet at Masonic Hall this afternoon at 2 o'clock. All members are invited to be present. There is a prize for each one who attends. All eitizens of Camden and Benton County are invited to attend the Carroll County Fair, Poultry Show and Home Coming Carnival at Huntingdon October 3-4-5-6-7 running day and night. Free fair to everybody. Rev. and Mrs. Ray Pafford of Trenton returned home Friday. Brother Pafford filled the pulpit at Camden and Liberty while here on a vacation, and received hearty greetings from his many friends and well wishers. There will be a free entertainment at Cross Roads Saturday night, September 30, for the benefit of the school. You will enjoy the play, "Silly Kid," as well as the speaking, box supper, masquerade, etc., and also aid a worthy cause. The banking house, furniture and fixtures of the Benton County Bank was sold here Saturday at public auction. T.J. Lowry being the successful bidder, paying $2,175 for the property. The business of the old bank is being wound up by the First National Bank of this place. S. C. Hatley showed us a sample of gold ore taken from the farm of C. M. Hatley near the mouth of Little Birdsong Creek, about ten miles south of Camden and 4 miles west of Tennessee River. All the surroundings where the specimen was taken indicate gold, and Mr. Hatley says there are deposits of other valuable minerals in that locality. Camden was honored Wednesday by the presence of John H. Peyton of Nashville, president of the Nashville, Chattanooga and St. Louis Railway, who was here to inspect the railroad construction work. He looked over the pit of the West Tennessee Gravel Co., took a peek at the new high school building, the court house and other improvements going on and was very favorable impressed with the outlook for Camden.