Farmers State Bank - Calumet Harbor, WI

Bank Information

Episode Type: Run → Suspension → Closure
Bank Type: state
Start Date: January 1, 1931*
Location: Calumet Harbor, Wisconsin (43.913, -88.332)

Metadata

Model: gpt-5-mini
Short Digest: 0ec8a498

Response Measures

Full suspension

Other: Pinkerton detective suit over tracing rumors that caused run; bank closed and described as defunct.

Description

Article (dated 1933-02-07) refers to the closing of Farmers' State Bank at Calumet Harbor two years ago (≈1931). It states a run occurred allegedly triggered by rumors; the bank is described as defunct/closed. No reopening is mentioned. Date fields are approximate based on the newspaper date.

Events (2)

1. January 1, 1931* Run

Cause: Rumor Or Misinformation
Cause Details: Newspaper describes rumors alleged to have resulted in a run on Farmers' State Bank; Pinkerton agency was hired to trace those rumors.
Newspaper Excerpt: tracing rumors alleged to have resulted in run on the bank
Source: newspapers

2. January 1, 1931* Suspension

Cause: Rumor Or Misinformation
Cause Details: Bank closed following the run that was allegedly triggered by rumors; article describes the bank as defunct and references litigation over detective fees to trace rumors.
Newspaper Excerpt: closing of the Farmers' State bank at Calumet Harbor two years ago
Source: newspapers

Newspaper Articles (1)

1. February 7, 1933 The Oshkosh Northwestern Oshkosh, WI

Article from The Oshkosh Northwestern, February 7, 1933

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Article Text

CLINTONVILLE JOBS EXCHANGE IS MAKING FAIRLY GOOD RECORD Wis. UP The Clintonville unemployment exchange organized without capital m December. closed its second month of operation with working fund of more than $50 and of supplying employment for men Aided by private chants and the CITY exchange now has modern building stocked with wide variety of goods A board of live directors and store manager operate the store which deals new and used goods including clothing hardware shoes, furniture stoves and even toys and musical instrument Goods frequently are left at the store on consignment and whatever profit is realized from their sale goes to the working capital fund. In addition to its merchandising activities the hange also operates an employment service There no lack 01 talent among the exchange members who include representatives from numerous trades including mechanics tinbers masons and common laborers Labor and commodities are frequently for goods sold at the A farmer paid for an overcoat by working the store while another exchanged cord of wood for merchandise Still another traded saxophone he had failed to master for clothing he needed The store building was lent to the exchange and delivery service by truck telephone also supplied by local companies CONTINUES HEARING Fond du Lac. Wis. P. After hearing testimony dealing with the closing of the Farmers' State bank at Calumet Harbor two years ago, Municipal Judge H. M. Fellenz terday continued until Feb 20 the hearing of the Pinkerton Detective agency's suit against Charles Berg en president of the defunct bank. The detective agency asks payment for services rendered in tracing rumors alleged to have resulted in run on the bank Bergen contends he did not hire the agency and believed detective who visited the village was employed by the Wisconsin Bankers association