20726. La Follette State Bank (LaFollette, TN)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
December 23, 1913
Location
LaFollette, Tennessee (36.383, -84.120)

Metadata

Model
gpt-5-mini
Short Digest
c3ab9728

Response Measures

None

Description

Multiple contemporary newspapers (Dec 23-28, 1913) report the La Follette State Bank placed in receivership by general creditors' bills. No run or depositor panic is mentioned in the articles reviewed. Date chosen (1913-12-23) reflects the Richmond Times Dispatch report that the bank was placed in receivers' hands that afternoon; other papers report the same receivership on Dec 24 and Dec 28. OCR errors in Article 1 were corrected (La Follette variations).

Events (1)

1. December 23, 1913 Receivership
Newspaper Excerpt
In Hands of Receivers. Knoxville, Tenn., December 23.-The La Follette State Bank ... were placed in the hands of receivers this afternoon in response to general creditors' petitions filed against the corporations.
Source
newspapers

Newspaper Articles (4)

Article from Norwich Bulletin, December 24, 1913

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Article Text

Condensed Telegrams Burglare Broke Into the Lawrence, L. I., postoffice and stole $200 in cash and $1,800 in stamps. Grape Juice at Bryan Dinners has been superseded by pineapple juice with carbonated water. New York School Teachers are-preparing a bill to allow female teachers 92 days of sick leave each year. Armour & Co., were fined $300 for having 800 pounds of rotten chicken in their refrigerator in New York, The Mill Consumption of cotton in the United States for 1918 was the largest in the history of the country. Boyden's Block at Sandwich, Mass.. and the livery stable of Jerome Holway were destroyed yesterday by a fire. Miss Helen Keller, the blind and deaf girl, received a badge entitling her to pass through fire lines in New York. Judson C. Clements of Georgia was reappointed by President Wilson a member of the Inter-State Commerce commission. Approximately 700,000 Passengers were carried for every life lost on steam vessels in the United States during the past year. Richard Donahue, aged 60, fell twenty feet from a bridge over a small stream yesterday and was killed. His neck was broken. Postmaster-General Burleson declares himself against the proposal to take assistant postmasters from under the protection of civil service. A Special White House Reception in compliment to New Jersey, will be given by the president and Mrs. Wilson, Friday night, February 13th. Forty-One White Seamen aboard the Canadian Pacific liner Empress of Asia were dismissed at Vancover, B. C., and Chinese labor was substituted. The Massachusetts Bar Association established a precedent yesterday by admitting a woman to membership, Mrs. Mary A. Mahan, an attorney of Boston. Merchants of Loraine, Ohio, offer to the first baby born in 1914, many use. ful gifts, including corsets. beer. wine. barber service for life and a theatre pass for life. Dr. Anna Howard Shaw, president of the National Woman Suffrage association has refused to pay her income tax and announced her intention to fight the law. A Big Song Service attended by high ofilcials of the government, at which the old year will be sung out and the New Year in, is to be held at the treasury department. Rev. Dr. Elias D. Whitlock, seventy years old. of Toledo, father of Mayor Brand Whitlock of Toledo and a retired Methodist clergyman, died at Cleveland yesterday, More tman Three Hundred eadets left the United States military academy at West Point last night to to spend the Christmas holidays with their parents or friends. More Than Twenty Letters threatening te blow up his home have been Judge K. M. received the United by Landis of States court at Chicago in the last five years, A Resolution Providing for the installation in school basements of bowling alleys and pool and billiard rooms will be introduced before the new Cleveland board of education. The La Follette (Tenn.) State Bank La Follette Coal and company and the La Store were road operative company Iron Follette and forced Rail- Cointo receivership yesterday by general creditors' bills. Vice President Marshall sent a copy of "Back Country Folks" to President Wilson as a Christmas gift On the flyleaf he wrote "To the President the United States. From his only vice-Thomas Marshall The Bodies of Robert L. Gallatin, of York, Pa., and Louis Wakefield, of Shelbyville, Ky. were found yesterday imbedded in the mud on the creek in the suburbs small ville. of edge Louis- of victims of an automobile aceldent. By the Will of the Late Seth K. Sweetser of Brookline, Mass. the Boston Museum of Fine arts, Boston for the Blind, of Technology setts dergarten Institute Massachu- Kin. and American Unitarian association each receive $25,000. If Ralph Lopez, Slayer of six men, is still in the Apex mine refuge on November 27. up and will he securely took sealed be where he held is a prisoner there until after Christmas Not a sound has come from the mine since Dec. 14. Sidney L. Bacharach of Hartford has been appointed to the position of assistant to the chief clerk in the automobile department of the secretary of state's office, succeeding Harold Clapp, who will retire January 1. The salary is $1,000 a year. Maud H., 2's Lass, a registered Holstein cow at the Delaware College experiment farm, although in milk for nearly ten months made a record last week of 12 pounds of butter fat. equivalent to a little more than 14 pounds of butter Heirs of "Big Tim" Sullivan yesterday that Bowery district in nounced to the would poor continue families anget the usual Christmas dinner baskets and that the inmates the


Article from The Salt Lake Tribune, December 24, 1913

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Article Text

Forced to Close Up. KNOXVILLE, Tenn. Dec. 28.-The La Follette state bank, La Follette Coal. Iron & Railroad company and the - La Follette Co-operative Store company were forced into receiverships today by general creditors' bills filed against them All the corporations are located at La Follette, Tenn., and are headed by H. M. La Follette, who has been an active promoter of industrial developments in this section for eighteen years. Combined assets were said to total more than the liabilities, which were set at about $4,000,000.


Article from South Bend News-Times, December 24, 1913

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Article Text

ONE-MAN COMPANIES ARE ALLEGED BANKRUPT LaFollette, Tenn., Properties Valued at Four Millions to be Run by Receivers. KNOXVILLE, Tenn., Dec. 24.-The La Follette State bank, La Follette Coal and Iron and the La Follette Co-Operative Store Co., were forced into receiverships Tuesday by general creditors' bills filed against them. All the corporations are located at La Follette, Tenn., and are headed by H. M. La Follette, who has been an active promoters of industrial developments in this section for 18 years. Combined assets were said to total more than the liabilities which were met at about $4,000,000.


Article from The Times Dispatch, December 24, 1913

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Article Text

In Hands of Receivers. Knoxville, Tenn., December 23.-The La Follette State Bank, La Follette Canal, Iron and Railroad Company and the La Follette Co-Uperative Store Company were placed in the hands of receivers this afternoon in response to general creditors' petitions filed against the corporations. All are located at La Follette, Tenn., and are headed by Colonel H. M. La Follette, who has been an active promoter of industrial developments In this section for eighteen years. Assets of the corporations were said to total more than the liabilities, which were set at about $4,000,000.