Farmers & Merchants National Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 8897
Charter Number: 8897
Start Date: December 18, 1910
Location: Anson, Texas (32.757, -99.896)

Metadata

Model: gpt-5-mini
Short Digest: 3ddbe3aa

Response Measures

None

Description

Article (Dec 22, 1910) reports the Farmers & Merchants National Bank of Anson, Tex., was closed by its directors and a national bank examiner placed in charge (reported Dec. 18). Closure attributed to drought and bad crops in the Panhandle — a local economic shock. No run is mentioned.

Events (3)

1. September 30, 1907 Chartered

Source: historical_nic

2. December 18, 1910 Suspension

Cause: Local Shock
Cause Details: Closed because of the drought and bad crops in the Panhandle section of Texas leading to bank difficulties; directors closed bank and examiner placed in charge.
Newspaper Excerpt: The Farmers & Merchants National bank, of Anson, Tex., has been closed by its directors and a national bank examiner placed in charge.
Source: newspapers

3. December 23, 1910 Voluntary Liquidation

Source: historical_nic

Newspaper Articles (1)

1. December 22, 1910 The Citizen-Republican Scotland, Parkston, SD

Article from The Citizen-Republican, December 22, 1910

Click image to open full size in new tab

Article Text

TEXAS NATIONAL BANK IS FORCED TO SUSPEND Washington, Dec. 18.-The Farmers & Merchants National bank, of Anson, Tex., has been closed by its directors and a national bank examiner placed in charge. This is the second national bank to fall into difficulty in the last week because of the drought and bad crops which have been prevalent in the Panhandle section of Texas. The Quanah National bank, of Quanah, Tex., was closed on Wednesday for the same reason.