Bank of Wheatley (Wheatley, AR)

Episode Information

Episode UID
2826574791328
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
282657479 hash
Start Date
August 1, 1910*
Location
Wheatley, Arkansas (34.913, -91.110)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
618717e7735f06f4

Response Measures

None

Events (3)
1. August 1, 1910* Suspension
Cause Details
Bank closed its doors and was to be wound up and placed in hands of a receiver; no run or specific cause reported
Newspaper Excerpt
The Bank of Wheatley, of Wheatley, Ark., which closed its doors last week, will be placed in the hands of a receiver
Source
newspapers
2. August 19, 1910 Receivership
Newspaper Excerpt
J. S. Mitchell of this city has been appointed receiver for the Bank of Wheatley.
Source
newspapers
3. June 28, 1911 Other
Newspaper Excerpt
On June 28th, 1911... I will sell at the front door of the Bank of Wheatley ... the bank building known as the Bank of Wheatley ... J. S. MITCHELL Receiver.
Source
newspapers

Newspaper Articles (7)
1. August 19, 1910 The Brinkley Argus Brinkley, AR
Article from The Brinkley Argus, August 19, 1910

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Article Text

for Bank. 7 WHEATLEY WILL BE HANDS OF RECEIVER. to Loose Nothing is nk of Wheatley, of Ark., which closed its week, will be placed is of a receiver and its nd up, at an early ing on it, to the ARnday, President A. "the affairs of the are in good condition; its are perfectly good se will pay every dolstitution owes. The will not loose a cent, way postively. I will not allow en if the assets were e of my son, the late en, is in good condiE re is really no occaever for measures on any creditor of the even if I were not stand between them en as president of the eatley, of which his we Edwin Boysen, was one of the pioneer is of Arkansas. He power in the developprairie land region ory. He is a man d staunch business

2. August 19, 1910 The Brinkley Argus Brinkley, AR
Article from The Brinkley Argus, August 19, 1910

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Article Text

ability, who has the confidence of our people. His position in saying that he does not propose to see a single cent loss to any depositor of the Bank of Wheatley is in keeping with the reputation he bears. J. S. Mitchell of this "city has been appointed receiver for the Bank of Woeatley.

3. September 2, 1910 The Forrest City Times Forrest City, AR
Article from The Forrest City Times, September 2, 1910

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Article Text

The Bank of Wheatley in Hands of a Receiver. The Bank of Wheatley, of Wheatley, Ark., which closed its doors last week, will pe placed in the hands of a receiver and its affairs wound up, at an early date. Commenting on it, to the Argus man Monday, President A. Boysen said the affairs of the institution are in good condition: our securities are perfectly good and am sure will pay every dollar the institution owes. The depositors will not lose a cent, you may say positively. Personally I will not allow them to, even if the assets were inadequate. The estate of my son. the late Edwin Boysen, is in good condition and there is really no occasion whatsoever for measures on the part of any creditor of the institution even if I were not willing to stand between them and loss. Mr. Boysen as president of the Bank of Wheatley, of which his son, the late Edwin Boysen,, was cashier, is one of the pioneer rice growers of Arkansas. He has been a power in the development of the prairie land region of this territory. He is a man of honor and staunch business ability, who has the confidence of our people. His position in saying that he does not propose to see a single cent loss to any depositor of the Bank of Wheatley is in keeping with the reputation he bears. J. S. Mitchell of this city has been appointed receiver.-Brinkley Argus.

4. June 16, 1911 The Forrest City Times Forrest City, AR
Article from The Forrest City Times, June 16, 1911

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Article Text

EWART-MARSHALL LUMBER CO. Notice Receiver's Sale. Notice is hereby given that on June 28th, 1911, between the hours of 11 a. m. and 3 p. m., I will sell at the front door of the Bank of Wheatley, at Wheatley, Arkansas, lots 4 and 5 in Block 31, in the town of Wheatley, St. Francis County, Arkansas, on which is the bank building known as the Bank of Wheatley, on a credit of three months, also the furniture and fixtures contained in said building, consisting of one spherical manganese steel safe with triple movement time lock. office desks, roll top desk. bank counters and railings, and all office furniture, fixtures and appliances within said building. Everything in first-class:condition. Building was erected in April, 1909, and is as good as new. Stze of building is 52 feet by 22 feet, front of red pressed brick, with two plate glass windows 6 feet by 6 feet 6 inches, plastered walls and Carey roof, and has a vault inside bank 12 feet 4 inches by 6 feet 6 inches. Notes to be given with approved security and lien retained on property to secure the payment of the purchase money. Said sale subject to the approval of the Chancery Court. 6-9-3t J. S. MITCHELL Receiver.

5. June 23, 1911 The Forrest City Times Forrest City, AR
Article from The Forrest City Times, June 23, 1911

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Article Text

Notice-Receiver's Sale. Notice is hereby given that on June 28th, 1911, between the hours of 11 a. m. and 3 p. m., I will sell at the front door of the Bank of Wheatley, at Wheatley, Arkansas, lots 4 and 5 in Block 31, in the town of Wheatley, St. Francis County, Arkansas, on which is the bank building known as the Bank of Wheatley, on a credit of three months, also the furniture and fixtures contained in said building, consisting of one spherical manganese steel safe with triple movement time lock, office desks, roll top desk. bank counters and railings, and all office furniture, fixtures and appliances within said building. Everything in first-class condition. Building was erected in April, 1909, and is as good as new. Size of building is 52 feet by 22 feet, front of red pressed brick, with two plate glass windows 6 feet by 6 feet 6 inches, plastered walls and Carey roof, and has a vault inside bank 12 feet 4 inches by 6 feet 6 inches. Notes to be given with approved security and lien retained on property to secure the payment of the purchase money. Said sale subject to the approval of the Chancery Court. 6-9-3t J.S. S. MITCHELL, Receiver.

6. June 30, 1911 The Forrest City Times Forrest City, AR
Article from The Forrest City Times, June 30, 1911

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MORE LOCALS. White Ink at the Newsstand. Watermelons on ice at the Palace Market. Mr. B. D. Ables, of Jericho, was in town yesterday. Marshmallows 20c per pound at Evans' Grocery. Phone 305. Mise Mary York left Thursday for Clarendon to visit school friends. Mr. T. O. Dorris. of Colt, was a genial visitor in the city Wednesday. Mrs. G. E. Parker, who has been convalescing, was not so well yesterday. Mr. Alex Hamilton and Prof. J. M. Wilson, of Colt, were in the city yesterday. Mrs. J. C. Slaughter and baby will leave Sunday to spend the summer at Heber, Ark. Watermelons, Cantaloupes, and Pine Apples, Good fresh stock at The Palace Market Phone 91. Mrs. J. A. and little Miss Ernestine Smith are visiting the family of Mr. J. K. Gaines, at Trimble, Tenn. For a nice clean shave, a stylish hair cut, baths, electric massage, or anything in the tonsorial line, visit the shop of culture. John M. Williams. Ladies, you should provide yourself with one of those stylish Duck Hats from R. H. Winfield & Co. They are just the thing for the Fourth and outings. Miss Violet Douglass is spending the summer with her grandmother at Omaha, Illinois, where she will study music. Mr. Walter Sweet, a prosperous farmer of Griggs township, was in town yesterday on business and mingling with friends. Mrs. Emma Cummings and Miss Goodwyn Tipton left Wednesday for Benton where they will visit Mr. and Mrs. Ted Norton and family for a brief season. Mr. John W. Aven was taken ill Saturday night, has since grown worse. and has been suffering quite severely several days this week. Mrs. John I. Jones has been very sick for several days and is still contined to her bed. We hope the good lady will soon be entirely restored. Mr. Robt. Benson, of The J. W. Beck Co., has been quite ill since Monday, he has our sympathy, and we hope he will soon be himself again. He is able to be out again. Mr. 1. W. Mallory entertained about fifty of his friends with a barbecued dinner and Brunswick stew at Stuart Springs yesterday. It was a most enjoyable occasion, and the genial host acquitted himself in a most pleasing manner. Messrs. Ed Taylor and Harry Knight went to Wheatley Wednesday to attend the Receiver's Sale of the effects of the Bank of Wheatley. They purchased the counters and office furniture, which they will install in their office in the near future.

7. July 29, 1913 Pine Bluff Daily Graphic Pine Bluff, AR
Article from Pine Bluff Daily Graphic, July 29, 1913

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-Detroit Jewel Gas Ranges, save time and fuel. Sold by CLEVELANDtf MATTHEWS HARDWARE CO. -Only you and 24 other women can join the Hoosier Club for $1.00 cash and $1.00 per week. Reap & tf Crawford Furniture Co. -Wouldn't you think that a flour sold for 16 years in this territory, was a good one? Such is "SNOW tf FLAKE" flour. -The Hoosier saves miles of steps. Join the Hoosier Club. $1.00 cash and $1.00 per week. Reap & Crawtf ford Furniture Co. -We have just received a car of the famous Garland Natural Gas Cook stoves and ranges. Call and see them. 6-5 1m Fox Bros., Hardware Co. -The sale of $2,200,000 sacks of "SNOW FLAKE" flour in sixteen years speaks well for the grade, don't you think. -The Sherwin-Williams Paints for all kinds of good painting. Ask us for color card. Claud Clegg & Co. 5th tf and Main -In buying refrigerators, buy one that will prove the most economicalThe Alasko-Fox. Bros., Hardware 6-5 1m Co. -A Hoosier Cabinet in your kitchen means that Independence Day for women has arrived. Join the Club at Reap & Crawford Furniture Co. tf -Don't overlook the fact that you can buy a Refrigerator now at a big reduction in price from CLEVELANDtf MATTHEWS HARDWARE CO. -An imitation has it's day, a short one too at best. While Coca-Cola lives always and makes you feel at rest. s&t tf -Attorney C. F. Greenlee, of Brinkley, yesterday filed suit in the Jefferson circuit court against Mrs. M. Goldberg and A. M. Goldberg, to recover $1,107.85, alleged to be due the Monroe County Bank on a promissory note. The note, it is alleged, was endorsed by the defendants on June 22, 1912, and was executed to J. S. Mitchell, receiver of the Bank of Wheatley. The original amount was $1,300, but some dividends due the defendants from the Wheatley bank were deducted.