Bank of Trezevant - Trezevant, TN

Bank Information

Episode Type: Suspension → Reopening
Bank Type: state
Start Date: June 1, 1913*
Location: Trezevant, Tennessee (36.011, -88.623)

Metadata

Model: gpt-5-mini
Short Digest: 5a931690

Response Measures

None

Description

Cashier W. G. Ware drowned in June 1913; the bank continued a few days then closed for an investigation of its affairs for about two months and then reopened in early September 1913. There was speculation that a run might occur when reopening, but the article states there was no tendency toward a run.

Events (3)

1. June 1, 1913* Other

Newspaper Excerpt: The cashier, W. G. Ware was drowned in June
Source: newspapers

2. July 1, 1913* Suspension

Cause: Bank Specific Adverse Info
Cause Details: Cashier drowned and officials closed the bank to investigate the condition of affairs.
Newspaper Excerpt: after running a few days following his death the officials of the bank decided to close for an investigation of the condition of affairs.
Source: newspapers

3. September 4, 1913 Reopening

Newspaper Excerpt: The Bank of Trezevant which has been closed about two months opened up Thursday of last week and is moving along nicely.
Source: newspapers

Newspaper Articles (1)

1. September 12, 1913 Carroll County Democrat Huntingdon, TN

Article from Carroll County Democrat, September 12, 1913

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Article Text

BANK REOPENED Bank of Trezevant Resumes Business after Brief Close The Bank of Trezevant which has been closed about two months opened up Thursday of last week and is moving along nicely. The cashier, W. G. Ware was drowned in June and after running a few days following his death the officials of the bank decided to close for an investigation of the condition of affairs. An auditor was employed and the investigation concluded which resulted in the reopening of the bank. It was stated by one of the officials that the bank has been placed in better condition now than it has been in for five years. It had been predicted by some that just as soon as the bank opened for business that a run would be made upon it by the depositors, but there was not the slightest tendency in that direction. The customers of the bank are showing confidence in the institution and the bank is running along with its old time smoothness. Town recorder H. C. Smith a man of fine character and good business qualification has been elected cashier, A. A. Argo, formerly a merchant of Holly Leaf, who is an excellent business man has been chosen assistant cashier.