21192. Huntsville State Bank (Huntsville, TX)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 3, 1931
Location
Huntsville, Texas (30.724, -95.551)

Metadata

Model
gpt-5-mini
Short Digest
7efa35b7

Response Measures

None

Description

Articles (Jan 3, 1931) report the bank closed its doors and was placed in the hands of the banking commission to prevent a threatened run. There is no mention of a prior run occurring, and the regulatory takeover language suggests a suspension by government action. The sources do not state whether the bank later reopened; classification chosen as suspension_closure because the bank was turned over to the banking commission (receiver-like action).

Events (1)
1. January 3, 1931 Suspension
Cause
Government Action
Cause Details
Board closed the bank and placed it in the hands of the state banking commission to prevent a threatened run and to protect depositors.
Newspaper Excerpt
the board of directors had decided to close the bank and place it in the hands of the banking commission to prevent a threatened run on the bank and to protect the depositors.
Source
newspapers

Newspaper Articles (2)
1. January 3, 1931 Bryan-College Station Eagle Bryan, TX
Article from Bryan-College Station Eagle, January 3, 1931

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Article Text

Huntsville Bank Closes Its Doors To Save Patrons HUNTSVILLE, Jan. 3,-The Huntsville State Bank closed its doors Friday morning about 10:30 o'clock. A notice was posted on the doors, signed by J. G. Ashe ford, president, declaring that the board of directors had decided to close the bank and place it in the hands of the banking commission to prevent a threatened "run" on the bank and to protect the depositors. The closing of the bank caused considerable excitement among citizens of Huntsville and Walker county. Sell it with an Eagle want ad.

2. January 3, 1931 The Houston Chronicle Houston, TX
Article from The Houston Chronicle, January 3, 1931

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Article Text

Special The Chronicle Huntsville, Jan. 3.-The Huntsville State Bank closed its doors Friday morning about 10:30 o'clock. notice was posted on the doors, signed by J. G. Ashford, president, declaring that the board of directors had decided to close the bank and place It in the hands of the to prevent threatened "run" on the and to the The of the Izens of Huntsville and Walker Huntsville Bank shares sales Closes To Protect Its tal sales year $920,000 Depositors From Run Fuss Over Fighting Ability of Rooster Leads to Killing Special The Chronicle. Brownsville, Jan. quarrel the fighting ability of rooster in the death here Nasario Escamilla 34. Juan Rabago, held in the killing. said Esto him with rooster and match it with Ra bago's The and Escamilla then hit on the head with wrench and followed him home. where Rabago emerged with a shotgun, officers said.