22459. Central Bank (Toppenish, WA)

Bank Information

Episode Type: Run → Suspension → Closure
Bank Type: state
Start Date: April 22, 1931
Location: Toppenish, Washington (46.377, -120.309)

Metadata

Model: gpt-5-mini
Short Digest: f6e74334

Response Measures

Full suspension, Books examined

Other: Vice president/cashier later charged with feloniously borrowing; surety bond posted.

Description

Multiple contemporary wire stories (Apr 22, 1931) report a run on the Central Bank of Toppenish after news of teller H.B. Miller's attempted suicide; the president said the institution would be placed in the hands of the state bank supervisor and later reports note the bank has been closed since April 22. Sequence: run → placed in hands of state supervisor (suspension/receivership) → closure. Bank type not specified (name does not include 'National'/'State'/'Trust').

Events (3)

1. April 22, 1931 Receivership

Newspaper Excerpt: the institution would be placed in the hands of the state bank supervisor ... The bank has been closed since April 22.
Source: newspapers

2. April 22, 1931 Run

Cause: Rumor Or Misinformation
Cause Details: Hysteria following news of teller H. B. Miller's attempted suicide in Spokane; panic led to heavy withdrawals.
Measures: President H. N. Gilbert announced the institution would be placed in the hands of the state bank supervisor.
Newspaper Excerpt: a run on the Central bank of Toppenish yesterday brought heavy withdrawals
Source: newspapers

3. April 22, 1931 Suspension

Cause: Government Action
Cause Details: Bank president announced it would be placed in the hands of the state bank supervisor (state intervention) following the run.
Newspaper Excerpt: the institution would be placed in the hands of the state bank supervisor today
Source: newspapers

Newspaper Articles (7)

1. May 8, 1930 The Tribune Coshocton, OH

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RUN ON WASHINGTON BANK CLOSES DOORS Yakima, Wash. April run on the Central bank of Toppe. nish Tuesday brought heavy with. drawals and President H. N. Gilbert Yakima. announced the institution would be placed in the hands of the state superivisor Wednesday Gilbert attributed the run "hysteria," which he said followed the attempted suicide by teller, H. B Miller, at Spokane last Friday night. Miller is recovering. The institution had assets of 8325.000 at its last statement LEAD OUTPUT JUMPS. New York April (AP) -World output of refined lead increased in March to 145,489 short tons, compared with 135,320 tons in February, the American bureau of metal statistics reports. Production for March of 1930 amounted to 163,177 short tons. 25 REBELS SLAIN. Rangoon, Burma, April 22 Twenty-five rebels were killed and many when band of 500 attacked military police camp in the Thayetmyo district Wednesday and were repulsed Following an explosion in mine at Halg. England, which caused the death of 27 men, 1,500 workers in the district struck until assured more safety, and the government has ruled that they are entitled to unemployment benefits while striking

2. April 22, 1931 The Great Falls Leader Great Falls, MT

Article from The Great Falls Leader, April 22, 1931

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YAKIMA BANK SHUTS DOORS AFTER BIG RUN YAKIMA. Wash., April 22.-(P)-A run on the Central bank of Toppenish yesterday brought heavy withdrawals and President H. N. Gilbert, Yakima, announced the institution would be placed in the hands of the state bank supervisor today. Gilbert attributed the run to "hysteria." which, he said. followed the attempted suicide by teller, H. B Miller, at Spokane last Friday night. The institution had assets of $325,000 at its last statement.

3. April 22, 1931 Casper Star-Tribune Casper, WY

Article from Casper Star-Tribune, April 22, 1931

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RUN ON BANK CAUSED BY TELLER'S ATTEMPT TO COMMIT SUICIDE YAKIMA, Wash.. April on the Central Bank of Toppenish yesterday brought heavy withdrawals President H. Gilbert, Yakima, announced the stitution would be the placed hands of the state bank supervisor Gilbert attributed the run "hysteria" which he followed the attempted suicide teller, H. Miller, at Spokane last Friday night. Miller recovering. The institution had assets of at is last statement.

4. April 22, 1931 The Peninsula Times Tribune Palo Alto, CA

Article from The Peninsula Times Tribune, April 22, 1931

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WORLD NEWS IN BRIEF CANNON FIGHTS PROBE April 22 The senate campaign funds committee today made public letters from Bishop James Cannon of the Methodist Church South challenging its his expenditures 1928. The churchman contended the the senate committee's inquiry into the he made of $65,000 furnished by Jameson, New York, defeat Governor AI fred Smith, the presidential Virginia "open to very serious question." AMBASSADOR NAMED April The Spanish republic's United States will be Salvador De Madariaga, scholar, internationalist, writer of note, former League Nations official and present the Alfonso XIII professor Spanish studies Oxford University, RUN MADE ON BANK April the Central Bank of Toppenish today brought heavy withdrawals and President Gilbert, announced tonight the institution would placed in the hands of the state bank supervisor tomorrow Gilbert attributed the to "hysteria" which he said followed the attempted suicide by Miller, Spokane last Friday night. Miller covering. BUILDING BURNS April 22 four-story building the downbusiness section destroyby fire today, but efforts prevent the spread flames through closely-packed adjoining structures were successful. Four firemen overcome by smoke while fighting the blaze at Ninth and E streets, Northwest. About 100 guests in nearby hotel ordered streets for safety but that building was damaged and they returned to their rooms before daylight. BANK CLOSES Australia, April the prime min announced tonight that South Wales Savings Bank would not open doors The bank has deposits $425,000,000. HAWKS DOWN April Frank Hawks, racing back round trip flight between and Rome, forced down miles south Paris by lack fuel. The plane damaged He will continue trip tomortime between Heston, England, and Rome to five hours and minutes this covering 930 miles esti speed of 174 miles an hour. BABE RUTH HURT BOSTON, April Babe Ruth, while chasing Tom Oliver's double in the sixth inning of the game here today the New York Yankees the Boston Red Sox, hurt his left leg and had be carried from the field. BROKER IS SUICIDE OAKLAND, April Whitehead, known Oakland broker, and killed himhis home today Friends said Whitehead had been despondent for some time over the serious illness of his wife. CONFER ON DEBT NEW YORK, April leading figures the Democratic party John Raskob, Jouett and Alfred Smith ferred here today on the party deficit. DENVER BISHOP NAMED VATICAN CITY, April Monsignor Urban John rector St. Mary's Theological Seminary Cincinnati, Ohio, tonamed bishop of Denver, Colorado. The Rev. Karl Alter president the National Catholic School for Social Service Department, the National Catholic Welfare Conference Washingnamed bishop Toledo, Ohio. MINISTERS RESIGN COPENHAGEN, Denmark, April government crisis solved time being with by King Christian resignations Minister Justice Jonsson and Minister of Finance Arnason, and appointment Sigurd Kristenssen in place of Arnason. TREATY VIEWS April 22 The French disputed phases of the recent tripartite naval accord submitted the Italian and English in written notes through diplomatic channels this noon. Contents of the notes not made public. ONE DIES IN FIRE NEW YORK, April that destroyed five-story ment Park avenue and 116th street early today, killed un identified man, injured persons and left 100 homeless. Many leaped from dows, aroused by policemen Firemen subdued the fire after battle. OPPOSE SMUGGLERS EL PASO, Tex., April Three hundred Mexican federal troops quartered Juarez Chihuahua, opposite El Paso the Mexican Government's determination to operate vigorously with the United States Government preventing

5. April 22, 1931 The Havre Daily News Havre, MT

Article from The Havre Daily News, April 22, 1931

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Harlem Woman Laid To Rest The first member of the pool's Mrs. W. B. Smith, wife of Dr. central selling agency to testify W. B. Smith, of Harlem, was laid before the royal commission on to rest in Highland cemetery grain futures was A. J. McPhail. Tuesday afternoon, following president of the Saskatchewan services at 2 o'clock at St. Mark's wheat pool. He asked that the church with Rev. A. M. Frost of futures market be placed under ficiating. The services at the supervision department of grave in charge the the dominion government. Harlem chapter of the Order of Eastern Star, No. 78, of which she was member. The pall bear- First Eucharistic ers were Walter Lawr. Walter Congress In State Jones. Jack Schaflow, Ralph Barton. Clarence Watson, J. D. Car- Opened At Butte nagie, all of Harlem. Music at the service included BUTTE. April 22 (AP) the hymns 'Asleep in Jesus,' Catholic clergymen of western "Peace, Perfect Peace,' and Montana gathered today at St. "Now the Laborer's Task is Patrick's ehurch here for the O'er." There were many floral first Montana eucharistic contributes and many from Harlem gress. and vicinity attended the serv- Pontifical mass at 9 o'elock ices. opened the services, which conMrs. Rose May Smith was 38 tinued throughout the day with years the time of her the Rt. Rev. George J. Finnegan, death, which occurred in Los An- Bishop of Montana, presiding. geles on April 14, at St. Vincent's hospital, where she had been un- CLOSES BANK der medical care for the past four YAKIMA, Wash., April 22. months. on the Central Bank She is survived by her husband of Toppenish yesterday brought and one daughter, Jane, who live heavy withdrawals and President at Harlem; by her mother who H. N. Gilbert. Yakima, announced lives Michigan, and sister, the institution would be placed Mrs. Rogers. also of Michigan, in the hands of the state bank who with her husband attended supervisor today. the funeral. A sister-in-law, Gilbert attributed the run to Miss Smith, also attended the "hysteria" which he said followed services. the attempted suicide of a teller, Mrs. Smith had resided at Har- H. B. Miller, at Spokane last Frilem for about 15 years. She was day night. Miller is recovering. past worthy matron of the The institution had assets of Eastern Star. $325,000 at its last statement.

6. April 23, 1931 Midland Empire News Billings, MT

Article from Midland Empire News, April 23, 1931

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RUN ON WASHINGTON BANK CLOSES DOORS Yakima, Wash., April 23 run on the Central bank of Toppenish Tuesday brought heavy withdrawals and President H. N. Glibert. Yakima. announced the institution would be placed in the hands of the state bank superivisor Wednesday Gilbert attributed the run to hysteria,' which he said followed the attempted suicide by a teller. H. B Miller, at Spokane last Friday night. Miller is recovering The institution had assets of 8325,000 at its last statement.

7. June 6, 1931 The Daily Olympian Olympia, WA

Article from The Daily Olympian, June 6, 1931

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TOPPENISH BANKER SURETY BOND POSTS YAKIMA, June vice president and cashformer of the Central Bank of Toppenish, posted $10,000 surety bond today warrants were served him with feloniously borrowing the institution. The bank from has been closed since April 22. Miller attempted suicide in Spokane weeks ago by slashing his wrists with razor blade. Word of reached Toppenish and caused run on the bank.