20843. Night and Day Bank (Memphis, TN)

Bank Information

Episode Type
Run → Suspension → Closure
Bank Type
state
Start Date
August 14, 1911
Location
Memphis, Tennessee (35.150, -90.049)

Metadata

Model
gpt-5-mini
Short Digest
afd5f4ef

Response Measures

Full suspension

Other: President accused of being a fugitive; run followed by temporary closing then eventual receivership.

Description

Multiple contemporaneous reports (Aug 14–15, 1911) describe a run after publication that the bank's president was a fugitive; the bank closed its doors and announced it would reopen. Subsequent report (Sept 27, 1911) notes a receiver was appointed following the recent closure of the Night and Day Bank of Memphis and officers faced charges, indicating permanent closure/receivership. Cause of run and suspension is adverse bank-specific information (president wanted/arrested).

Events (3)

1. August 14, 1911 Run
Cause
Bank Specific Adverse Info
Cause Details
News that President E.L. Hendry was a fugitive/wanted from Oklahoma triggered depositors to withdraw funds.
Measures
Doors were closed temporarily with announcement the bank would reopen the next day.
Newspaper Excerpt
Publication of the fact that Hendry was wanted caused a run on the Night and Day bank
Source
newspapers
2. August 14, 1911 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank closed its doors after the run caused by the president being sought on fugitive charges; initially described as temporary closure pending reopening next day.
Newspaper Excerpt
early last night the doors were closed with the announcement that the bank would re-open this morning.
Source
newspapers
3. September 27, 1911 Receivership
Newspaper Excerpt
Night and Day Bank Closes...the doors of the Night and Day bank here have been closed following the appointment of a receiver on petition of the receiver of the Night and Day bank of Memphis, which was recently closed and whose officers face charges of irregularities.
Source
newspapers

Newspaper Articles (8)

Article from Las Vegas Optic, August 15, 1911

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Article Text

BANKER EVADES WARRANT Memphis, Tenn., Aug. 15.-E. L. Hendry, president of the Night and Day Bank of Memphis, formerly connected with a bank in Oklahoma City, is being sought on a warrant charging that he is a fugitive from Oklahoma. Publication of the fact that Hendry was wanted, caused a run on the Night and Day bank and early last night the doors were closed with the announcement that the bank would re-open this morning.


Article from Bisbee Daily Review, August 15, 1911

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Article Text

HENDRY SKIPS OUT, IS HUNTED AS FUGITIVE. MEMPHIS, Aug. 14.-E. L. Hendry, president of the Night and Day bank a here, is being sought tonight on charge of being a fugitive in Oklahoma. He was formerly with the Bank of Oklahoma City. That fact caused a run on the bank today. The doors closed with the announcement that it will open tomorrow.


Article from Arizona Republican, August 15, 1911

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Article Text

BANKER'S RECORD. E. L. Hendry's Peculations Started Run on Memphis Institution. Memphis, Angust 14.-E. L. Hendry, president of the Night and Day bank here is being sought tonight on the charge of being a fugitive from Oklahoma. He was formerly connected with a bank at Oklahoma City. The fact caused a run on the bank today, and the doors were closed with an announcement that they would open tomorrow.


Article from Evening Bulletin, August 15, 1911

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Article Text

Not Prosecuting. LOS ANGELES, August 14.-Officers of the Erectors' Association, which is composed to the leading structural steel manufacturers of this city, issued a statement today denying emphatically that its counsel is aiding in the prosecution of John and James McNamara, who are charged with complicity in blowing up the Times building here last October. DEPOSITORS MAKE RUN ON BANK MEMPHIS. Tennessee, August 15.-Publication of the fact that a warrant was today sworn out against President Hendry of the Night and Day Bank here and that he is believed to be a fugitive from justice in the State of Oklahoma, resulted in a run on the bank, which was continuing at midnight.


Article from The Salt Lake Tribune, August 15, 1911

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Article Text

Banker Disappears. MEMPHIS, Tenn. Aug. 14.-E. L. Hendry. president of the Night and T bank of Memphis, formerly connected with a bank in Oklahoma City, is being searched for tonight on a warrant charging that he is a fugitive from Oklahoma. Publication of the fact that Hendry was wanted caused a run on the Night and Day bank and early tonight the doors were closed with the announcement that the bank would reopen tomorrow morning.


Article from The Yakima Herald, August 16, 1911

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Article Text

FUGITIVE FROM JUSTICE News That Banker Is Wanted Causes Run on Present Institution MEMPHIS, Aug. 14.-E. L. Hendrix. president of the night and day bank formerly connnected with the bank in Oklahoma City, is being searched for tonight on a warrant charging that he is a fugitive from Oklahoma. Publication of the fact that Hendrix is wanted caused a run on the night and day bank and early tonight the doors were closed with the announcement that the bank would reopen in the morning.


Article from The Bamberg Herald, August 17, 1911

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Article Text

DEPOSITORS FIGHT FOR MONEY. Charges Against President Cause Run on Memphis Bank. Memphis, Aug. 14.-E. L. Hendrey, president of the Night and Day Bank, of Memphis, connected with a banking institution of Oklahoma City, is being searched for to-night on a warrant charging him with being a fugitive from Oklahoma. Publication of the fact that Hendrey was missing caused a run on the Night and Day Bank, and early to-night the doors were closed, with the announcement that the bank would reopen to-morrow morning. The specific charges against Hendrey in Oklahoma City were not stated in the dispatch asking his detention. At a late hour to-night he had not been located. Several hundred depositors were struggling for access to the paying teller's window, when announcement was made that the bank would be closed, and a squad of police had a busy quarter of an hour dispersing the crowd. The Night and Day Bank is a small institution, and was organized a year ago, with a capital stock of $32,250. At the time of its last statement, on July 1, resources and liabilities were balanced at $153,846.60. Deposits, representing the main assets, totalled $96,030.41. The liabilities included loans and discounts of $99,134.92. Hendrey was arrested to-night.


Article from The Topeka State Journal, September 27, 1911

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Article Text

Night and Day Bank Closes. Little Rock, Ark. Sept. 27.-The doors of the Night and Day bank here have been closed following the appointment of a receiver on petition of the receiver of the Night and Day bank of Memphis, which was recently closed and whose officers face charges of irregularities. It was necessary to call police to disperse the crowds that clamored at the barred doors.