First National Bank (Cape Girardeau, MO)

View Charter #4611 on SPMC View balance sheet

Episode Information

Episode UID
461101593
Episode Type
Suspension → Closure
Bank Type
national
Bank ID
46110 national
Charter Number
4611
Start Date
September 23, 1932
Location
Cape Girardeau, Missouri

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
dbf91fab48c86ee0

Response Measures

None

Description

Article shows a receiver was in place by Sept 1932; additional records could confirm final disposition/date of closure.

Events (3)
1. August 7, 1891 Chartered
Source
historical_nic
2. September 23, 1932 Receivership
Newspaper Excerpt
Hodges, the receiver, petitioned the Federal Court ... Suit was filed in Federal Court Cape Girardeau last week against E. Hubbard, former president of the First National Bank, to force settlement ... Hodges, the receiver, petitioned the Federal Court ... the receiver now the accounts the bank holds.
Source
newspapers
3. March 9, 1933 Suspension
Cause
Government Action
Cause Details
Federal banking holiday proclaimed by President Roosevelt (March 1933) causing banks to suspend operations temporarily.
Newspaper Excerpt
President Roosevelt has issued a proclamation ... all the banks closing the United States for a period ending Friday, March 10.
Source
newspapers

Newspaper Articles (2)
1. September 23, 1932 The Dexter Statesman Dexter, MO
Article from The Dexter Statesman, September 23, 1932

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Article Text

Hubbard Sued By Bank Receiver Suit was fied in Federal Court Cape Girardeau last week against E. Hubbard, former president of the First National Bank, to force settlement of the $12,700 due the bank the 100 stock assessment made by the Treasury Department last January 25, and for the settlement of notes due the bank by Mr. Hubbard. Hodges, the receiver, titioned the Federal Court during its last term asking that Mr. Hubbard be thrown into involuntary bankruptbut the court failed to find in vor of the receiver, so the bank ceiver now the accounts the bank holds.

2. March 9, 1933 Mound City News-Independent Mound City, MO
Article from Mound City News-Independent, March 9, 1933

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Article Text

CITIZENS CALM DURING EMERGENCY Exchange Bank Suspended Operations In Conformity Presidential Proclama- tion. The Banks of Holt County suspended normal morning to conform Saturday with state wide holiday order a issued by Governor Guy Park. for Since that time President of Roosevelt has issued a proclamation all the banks closing the United States for a period ending Friday, March 10. The local banks have followregulations ordering them laid down by the secreclose, of the treasury. Some have tary remained open during regular hours for the purpose banking of making change. There is no cause for any alarm the local regarding tion as all the Holt County banks are believed to be in cellent condition. has been convened Congress special session beginning today (Thursday) and acnoon cording to radio reports have legislation conferring passed extraordinary to Presipowers dent Roosevelt, trol all banks until this emeris safely past. The spirit fortitude and patience with which the people this community and the tire has reacted to the country bank holiday, has emergency been surprising. individuals and busiMany houses found themselves ness with small amount of only hand when the currency on bank went into effect. holiday St. Business has been retarded to extent. Merchants some most cases have accepted checks for the exact amount but have been purchases tant to let loose of any currenor silver in change. Bank here The Exchange to be strong as known is anywhere, and bank there must be attributed its closing solely to the the nation. ditions throughout thing that Now the only to await the order to with patience banks after the the open and regulational adjustments formulated and tions have been issued.