469. Night & Day Bank (Little Rock, AR)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
September 26, 1911
Location
Little Rock, Arkansas (34.746, -92.290)

Metadata

Model
gpt-5-mini
Short Digest
270d2336

Response Measures

None

Description

The Night & Day Bank of Little Rock was closed and placed in the hands of a court-appointed receiver in late Sept. 1911; articles describe fraudulent certificates of deposit and indebtedness to a Memphis bank, and subsequent indictments of the president. No run or depositor-driven panic is described. Receiver appointed and bank remained defunct with distributions to depositors, indicating permanent closure/receivership.

Events (2)

1. September 26, 1911 Receivership
Newspaper Excerpt
Upon the petition of D. A. Frayser, of Memphis, receiver for the All Night and Day bank of that city, Chancellor Martinau appointed William M. Lewis receiver for the Night and Day bank of Little Rock Tuesday afternoon.
Source
newspapers
2. September 26, 1911 Suspension
Cause
Government Action
Cause Details
Placed in hands of a receiver on petition of D. A. Frayser (receiver of the All Day and Night Bank of Memphis) citing indebtedness and alleged fraudulently issued certificates of deposit.
Newspaper Excerpt
The doors of the Night and Day Bank of Little Rock were closed Tuesday afternoon, when ... the local institution was placed in the hands of W. H. Lewis as receiver.
Source
newspapers

Newspaper Articles (13)

Article from Pine Bluff Daily Graphic, September 27, 1911

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Article Text

LITTLE ROCK BANK CLOSED NIGHT AND DAY INSTITUTION PLACED IN HANDS OF A RECEIVER ON PETITION. — LABORERS LOSERS Depositors Gather In Front of Bank But Are Not Rewarded When They Kick On the Door. Little Rock, Ark., Sept. 26. The doors of the Night and Day Bank of Little Rock were closed Tuesday afternoon, when on petition of D. A. Frayser, receiver of the All Day and Night Bank of Memphis, the local institution was placed in the hands of W. H. Lewis as receiver. To banking circles, the failure of the bank was no surprise, as it had been expected for several days, though local Institutions were making an effort to prevent it. According to the petition of Receiver Frayser, of the Memphis institution, the local bank is indebted to the Memphis concern to the extent of $3,100. Receiver Frayser claims the local bank claimed to hold certicates of deposit to the amount of $2,225, but these were fraudulently issued to Robert H. Timmons. and he


Article from The Forrest City Times, September 29, 1911

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Article Text

WARRANT FOR BANKER. Failure of Little Rock Bank Causes Arrest of President. Memphis.-Chargangi that H. C. Wynne, president of the Day and Night Bank of Little Rock, Ark., joined E. L. Hendrey, who was president of the All Night and Day Bank of Memphis, of irregularities in connection with certificates of deposit made in the local concern, which was recently placed in the hands of a receiver, D. A. Frayser, the receiver, swore out a warrant for the arrest of Wynne and Hendrey. The charges follow the closing of the Night and Day Bank of Little Rock. The two men are charged with having, "through false representations, obtained $1,000 from the Night and Day Bank of Arkansas," the specification being that a false certificate of deposit was issued by the local concern to Robert H. Timmons and accepted at its face value by the Arkansas bank. Wynne was a director of the local bank.


Article from Atlanta Semi-Weekly Journal, September 29, 1911

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Article Text

Receiver Is Named LITTLE ROCK, Ark., Sept. 27.-Upon the petition of D. A. Frayser, of Memphis, receiver for the All Night and Day bank of that city, Chancellor Martinau appointed William M. Lewis receiver for the Night and Day bank of Little Rock Tuesday afternoon.


Article from The Forrest City Times, October 6, 1911

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Article Text

BANK FAILS: MANY DEPOSITORS LOSE $11,000 Deposit Slip Turns Up; No Record to Be Found on Books. BANKPRESIDENTDISAPPEARS The President Cashed Personal Check for $500 the Day of the Bank Failure. Investigation of the books of the Night and Day Bank of Little Rock now in the hands of a receiver, de veloped a sensation when $11,000 worth of certificates of deposit which apparently do not show on the books of the bank, were discovered The certificates were held in Okla homa. H. C. Wynne, president of the bank is missing, and if any of his friends or relatives know his present where abouts they are not giving general circulation to the information. It is known that Wynne cashed a personal check for $500 on the day he left the city.


Article from The Nevada County Picayune, October 6, 1911

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Article Text

BANK FAILS: MANY DEPOSITORS LOSE $11,000 Deposit Slip Turns Up; No Record to Be Found on Books. BANKPRESIDENTDISAPPEARS The President Cashed Personal Check for $500 the Day of the Bank Failure. Investigation of the books of the Night and Day Bank of Little Rock, now in the hands of a receiver, developed a sensation when $11,000 worth of certificates of deposit, which apparently do not show on the books of the bank, were discovered. The certificates were held in Oklahoma. H. C. Wynne, president of the bank, is missing, and if any of his friends or relatives know his present where abouts they are not giving general circulation to the information. It is known that Wynne cashed a persona! check for $500 on the day he left the city.


Article from The Green Forest Tribune, October 13, 1911

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Article Text

STUDENT WANTS MONEY BACK. Claims Check Was Not For Deposit, But For Collection. Western Newspaper Union News Service. Little Rock.-J. A. Hutto of Des Arc, a medical student who is studying for the profession in the medical department of the University of Arkansas, filed a petition in the chancery court, in which he asks the court to order W. M. Lewis, receiver of the Night and Day bank, to pay him out of the assets of the bank the sum of $334.56. The basis for the claim grows out of a transaction with the defunct bank different from any to which the attention of the court has yet been called.


Article from The Van Buren Press, December 2, 1911

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Article Text

More Money for Depositors. Little Rock.-W. - M. Lewis, receiver f the Night and Day bank, has reelved about $16,000 from various ources that will he Included in the Bein of the bank for distribution to admants on January 4. About oneburth net of the depositors In the deInstitution have not up to this me filed their claims with J. 8. Ma. hey, clerk of the chancery court he assets of the bank will be dislibuted to the depositors on January Each will be given his pro rata


Article from Pine Bluff Daily Graphic, April 5, 1912

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President of Night and Day Institution Captured in Oklahoma Yesterday. HE WILL BE RETURNED Governor Donaghey Issued Requisition For Him and II is Up to Governor Cruce. Little Rock, Ark., April 4-Unless Governor Cruce, of Oklahoma, refuses to grant the requistion issued by Governor Donaghey today, asking for the return of H. C. Wynne to Little Rock, the former president of the Night and Day Bank, of this city, will be brought back to Little Rock lefore the commencement of another week. A telegram was received by Sheriff N. A. Beller, late today, announcing the arrest of Wynne at Checoctah, Oklahoma. The message stated that Wynne was in jail and would be turned over to the proper authorities from Pulaski county, upon the payment of the reward offered for his capture. Deputy She: iff J. J. Hawkins, left tonight for Checotah with requis tion papers. Wynne disappeared from Little Rock soon after the closing of the doors of the Night and Day Bank last September, though it was stated as the time that intended to return and assist the receiver of the bank in collecting all possible for the benefit of the depositors. He was lost sight of and the depositors organized for the purpose of raising funds with which to apprehend Wynne and prosecute him. The present grand jury returned five indictments against Wynne four of which charge him with a felony and one with a misdemeanor. The bond in the felony cases is fixed at $2,000 each and $1,000 in the other. A requisition in each case was issued by Governor Donaghey.


Article from The Log Cabin Democrat, April 11, 1912

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Article Text

ARREST ALLEGED BANK DEFAULTER H. C. WYNNE IN OKLA. CHECOTAH OFFICERS HOLD PRESIDENT OF DEFUNCT NIGHT AND DAY BANK. Little Rock, April 6.-Unless Gov. Cruce of Oklahoma refuses to grant the requisition issued by Gov. Donaghey Thursday afternoon, asking for the return of H. C. Wynne to Little Rock, the former president of the Night and Day Bank of this city, will be brought back to Little Rock before the commencement of another week. A telegram was received by Sheriff N. A. Beller late Thursday announcing the arrest of Wynne in Checotah, Oklahoma. The message stated that Wynne was in jail and he would be turned over to the proper authorities from Pulaski county upon the payment of the reward offered for his capture. Deputy Sheriff J. J. Hawkins left Thursday night for Checotah with requisitions asking for the return of Wynne. Wynne disappeared from Little Rock soon after the closing of the doors of the Night and Day Bank last September, though it was stated at the time he intended to return and assist the receiver of the bank in collecting all possible for the benefit of the depositors. He was lost sight of and the depositors formed an organi, zation for the purpose of raising funds with which to apprehend Wynne and prosecute him. The present grand jury returned five indictments against Wynne, four of which charge him with a felony and one with a misdemeanor. The bond in the felony cases is fixed at $2,000 each, and $1,000 in the other. A requisition on each case was issued by Gov. Donaghey.


Article from The Log Cabin Democrat, October 25, 1912

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# H. C. WYNNE IS # IN LITTLE ROCK Little Rock, Oct. 25.—H. C. Wynne, president of the defunct Night and Day Bank of Little Rock, convicted in Memphis of participating in the wrecking of a chain of the banks, and released on $5,000 bond, is in Little Rock. He is under bond here in the sum of $9,000 to answer to five indictments in connection with the failure of the Little Rock bank. His case has been set for next February in Perryville on change of venue. Since the bank was placed in the hands of W. M. Lewis as receiver, the depositors and creditors have been paid 32 1-2 per cent of their claims, which is nearly all they will ever get out of it.


Article from Pine Bluff Daily Graphic, October 25, 1912

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CONVICTED BANKER IS IN LITTLE ROCK Man Convicted in Night and Day Bank Prosecution at Memphis Out on Bond. Little Rock, Oct. 24.-H. C. Wynne, president of the defunct Night and Day Bank of Little Rock, convicted in Memphis of participating in the wrecking of a chain of banks, and released on $5,000 bond, is in Little Rock. He is under bond here in the sum of $9,000 to answer to five indictments in connection with the failure of the Little Rock bank. His case has been set for next February in Perryville, on change of venue. Since the bank was placed in the hands of W. M. Lewis, as receiver, the depositors and creditors have been paid 52 1-2 per cent of their claims, which is nearly all they will ever get out of it.


Article from The Log Cabin Democrat, October 31, 1912

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H. C. WYNNE IS IN LITTLE ROCK Little Rock, Oct. 25.-H. C. Wynne, president of the defunct Night and Day Bank of Little Rock, convicted in Memphis of participating in the wrecking of a chain of the banks, and released on $5,000 bond, is in Little Rock. He is under bond here in the sum of $9,000 to answer to five indictments in connection with the failure of the Little Rock bank. His case has been set for next February in Perryville on change of venue. Since the bank was placed in the hands of W. M. Lewis as receiver, the depositors and creditors have been paid 32 1-2 per cent of their claims, which is nearly all they will ever get out of it.


Article from The Prescott Daily News, February 26, 1913

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indicted in Grant county for larceny, and failed to appear. Wilson had been arraigned for issuing a check on the Night & Day Bank of Little Rock, which was not paid because of the failure of the bank, and through no fault of Wilson's. It was made to appear that had he answered the charge, it could not have been sustained, and that every effort is being made by Jones to apprehend and deliver Wilson. The Board of Municipal Incorporation has advanced Rector and McGehee to cities of the se, cond class. The governor has announced the appointment of the following drainage directors:-C. E. Pringle, vice C. F. Shannon, Little Running Water district, Randolph county, J. O Sallee, Running Lake district, Randolph county, vice W. H. Skinner, term expired.