Farmers & Mechanics Bank

Bank Information

Episode Type: Run → Suspension → Closure
Bank Type: state
Start Date: October 30, 1925
Location: Spokane, Washington (47.659, -117.426)

Metadata

Model: gpt-5-mini
Short Digest: 5c125696

Response Measures

Full suspension

Description

OCR-corrected text: article reports the arrest of the bank president (Mosek) on narcotics/vagrancy charges; following that news withdrawals exhausted cash and the bank 'closed the doors voluntarily.' This indicates a depositor run triggered by adverse bank-specific news and the bank suspended/closed with no mention of reopening.

Events (2)

1. October 30, 1925 Run

Cause: Bank Specific Adverse Info
Cause Details: News of the arrest of the bank president (Mosek) on narcotics/vagrancy charges prompted heavy withdrawals.
Measures: Bank closed its doors voluntarily after withdrawals exhausted cash.
Newspaper Excerpt: Officials of the bank said Spokane closed the doors because lack they cash to meet the withdrawals.
Source: newspapers

2. October 30, 1925 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Closure followed loss of cash due to withdrawals triggered by the president's arrest; bank voluntarily closed its doors (suspended payments).
Newspaper Excerpt: Farmers and Mechanics closed doors voluntarily ... Officials of the bank said ... closed the doors because lack ... cash to meet the withdrawals.
Source: newspapers

Newspaper Articles (1)

1. October 30, 1925 The Ekalaka Eagle Ekalaka, MT

Article from The Ekalaka Eagle, October 30, 1925

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Article Text

Farmers and Eureka, Mechanics closed doors volhere following the untarily bank after word had been of the arrest of Mosek, president, state vagrancy charge with narcotics possession. in nection Officials of the bank said Spokane. closed the doors because lack they cash to meet the withdrawals.