Farmers & Merchants National Bank (Clarksville, TN)

Episode Information

Episode Type
Suspension โ†’ Closure
Start Date
October 10, 1893
Location
Clarksville, Tennessee (36.530, -87.359)
Bank Type
national
Charter Number
3241

Metadata

Notes

Articles refer to Farmers' and Merchants' Bank of Clarksville going into voluntary liquidation; they omit the word 'National' but match the bank and city.

Events (3)

1. August 25, 1884 Chartered
Source
historical_nic
2. October 10, 1893 Suspension
Cause
Voluntary Liquidation
Cause Details
Stockholders voted to go into voluntary liquidation; cause assigned to the stringency of the times.
Newspaper Excerpt
The Farmers and Merchants Bank, of Clarksville, Tenn., will go into voluntary liquidation.
Source
newspapers
3. October 19, 1893 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (2)

Article from The Times, October 11, 1893

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Article Text

Another Bank Falls. NASHVILLE, TENN., Oct. 10.-The Farmers and Merchants Bank, of Clarksville, Tenn., will go into voluntary liquidation. This decision was made at a meeting of stockholders this morning. The bank has a capital of $100,000. The cause of suspension is assigned to the stringency of the times. Its assets exceed its liabilities,


Article from The Lancaster Ledger, October 14, 1893

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Article Text

A Tennessee Bauk Euspende. NASHVILLE, Tenn.-The Farmers' and Merchants' Bank of Ciarksville, Tenn, will go into voluntary liquida tion. The bank has a capital stock of $100,000. The cause of the enspersion is assigned to the stringency of the times. Its assetts exceed its liabilities.