Bank of Hunter - Hunter, AR

Bank Information

Episode Type: Run → Suspension → Unsure
Bank Type: state
Start Date: December 10, 1920
Location: Hunter, Arkansas (35.053, -91.126)

Metadata

Model: gpt-5-mini
Short Digest: 6e0556d7

Response Measures

Full suspension, Books examined

Other: Bank was taken over by the state banking department; department reported the bank solvent and probably to be reopened in a few days.

Description

Article (Dec 10, 1920) reports a run on the Bank of Hunter which closed and was taken over by the state banking department. The commissioner said the bank was solvent and probably would be reopened in a few days. Reopening is reported as probable but not confirmed, so outcome is uncertain.

Events (3)

1. December 10, 1920 Receivership

Newspaper Excerpt: was taken over by the state banking department yesterday. W. T. Maxwell, state bank commissioner ... said the bank probably would be reopened in a few days.
Source: newspapers

2. December 10, 1920 Run

Cause Details: Unspecified heavy withdrawals / run reported; article does not identify a trigger such as rumor, correspondent failure, or bank-specific scandal.
Measures: Bank closed; state banking department took charge.
Newspaper Excerpt: run. on Arkansas bank closed it ... The Bank of Hunter, at Hunter, Ark., which closed following a run.
Source: newspapers

3. December 10, 1920 Suspension

Cause: Government Action
Cause Details: Closed following a run and taken over by the state banking department (state intervention/receivership).
Newspaper Excerpt: was taken over by the state banking department yesterday.
Source: newspapers

Newspaper Articles (1)

1. December 10, 1920 The Guthrie Daily Leader Guthrie, OK

Article from The Guthrie Daily Leader, December 10, 1920

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Article Text

"RUN" ON ARKANSAS BANK CLOSED IT Little Rock, Ark., Dec. 10.-The Bank of Hunter, at Hunter, Ark. which closed following a "run." was taken over by the state banking decartment yesterday. W. T. Maxwell. state bank commissioner today said he had received a statement from the department in charge, indicating that the bank is solvent. Mr.Maxwe'l said the bank probably would be reopened in a few days.