3099. Peoples Bank (Hilo, HI)

Bank Information

Episode Type
Run → Suspension → Reopening
Bank Type
state
Start Date
February 18, 1912
Location
Hilo, Hawaii (19.722, -155.087)

Metadata

Model
gpt-5-mini
Short Digest
2402ddad

Response Measures

Books examined

Other: Bank temporarily closed pending arrival of territorial treasurer to stop run.

Description

Article notes (from 'Files of 10 and 20 Years Ago') report 'A run on the People's bank at Hilo was stopped when the bank closed its doors pending the arrival [of the] territorial treasurer.' The newspaper date is 1932-02-18 and the item is under 'Twenty Years Ago', so I derive the event date as 1912-02-18. The account implies a run triggered a temporary closure and was 'stopped' (implying reopening later), though no explicit reopening date is given. Cause is not described in detail; I classify as rumor_or_misinformation (panic/rumor) because no bank-specific insolvency or correspondent failure is mentioned.

Events (2)

1. February 18, 1912 Run
Cause
Rumor Or Misinformation
Cause Details
Article gives no specific trigger; describes a run that was halted when the bank closed pending arrival of the territorial treasurer, consistent with depositor panic/rumors.
Measures
Closed its doors pending arrival of the territorial treasurer
Newspaper Excerpt
A run on the People's bank at Hilo was stopped when the bank closed its doors
Source
newspapers
2. February 18, 1912 Suspension
Cause Details
Temporary suspension/closure announced as a response to the run while awaiting the territorial treasurer; not described as government-enforced receivership.
Newspaper Excerpt
the bank closed its doors pending the arrival [of the] territorial treasurer
Source
newspapers

Newspaper Articles (2)

Article from Honolulu Star-Bulletin, February 18, 1932

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Article Text

From Files of 10 and 20 Years Ago YEARS AGO manager of the Courtland hotel, and Percy Pond have taken over the the Hau which they will rename The cottages built by George Wilcox Grove Farm plantation, Kauai, said be remarkable innovation in housing facilities for plantation laborers. Charles Warren, well known purser of the Matenter the agency Alexander Baldwin, Ltd., about March YEARS AGO A run on the People's bank at Hilo was stopped when the bank closed its doors pending the arrival Lewis Archie Lister, former of the Pauwela Pineapple Haiku, Maui, has been pointed manager the Kohala Pineapple Mrs. Paul Withington and Mrs. Stanley Kennedy roles in the Footlights club play, 'Behind the Beyond." As in earlier campaigns, the 1932 campaign will be caught in the the interests that in the and the interests that center in The United States, as have said before, are not united. There are two distinct Americas that will be represented alike in the Republican and in the Democratic national The balance of power between the two has shiftdramatically decade by decade during the last The shifts, taken in 30 year periods, tell social story 1830, the United States was per cent urban and per cent rural cent urban, and rural. In 1890, per cent urban, and per cent rural. per and 49 cent rural. Today think figures indicate that interests major challenges the time will not be enough for the Republican and Democratic to with mere portunistic between rural and urban interests. That policy has come near to paralyzing governalready. the Republican elephant nor the Democratic afford split soul America represents survival of the simindividualistic America which all the main patterns of our polities were drawn by fathers Urban America represents the ever more complex, technical, that has been science and the machine. will to watch political leadership wrestle with these divergent forms social and economic life during the 1932 campaign. McClure Newspaper Syndicate)


Article from Honolulu Star-Bulletin, February 18, 1932

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Article Text

From Files of 10 and 20 Years Ago TWENTY YEARS AGO Palmer, manager the Courtland hotel, Percy M. Pond have the Hau Waikiki beach hotel, which they will Wailana. The attractive cottages built by George Wilcox Grove Farm plantation, Kauai, are said to be remarkable innovation in housing facilities for plantation laborers. Charles Warren, well known purser of the Matsteamer enter the Seattle agency Alexander & Baldwin, Ltd., about March YEARS AGO run on the People's bank at Hilo was stopped closed doors pending the arrival Lewis territorial treasurer. Archie Lister, former of the Pauwela Pineapple Maui, has been appointed the Kohala Co. Mrs. Paul Withington and Mrs. Stanley Kennedy played roles in the Footlights club play, the