Simmons National Bank - Pine Bluff, AR

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 6680
Charter Number: 6680
Start Date: July 8, 1915
Location: Pine Bluff, Arkansas (34.228, -92.003)

Metadata

Model: gpt-5-mini
Short Digest: 6386d320

Response Measures

None

Description

Article (Pine Bluff Daily Graphic, 1916-01-29) reports Jo Nichol, cashier of Simmons National Bank, was appointed receiver on July 8, 1915 and is administering assets (foreclosure sale). No mention of a depositor run or reopening — indicates the bank went into receivership/closure prior to this article.

Events (2)

1. July 8, 1915 Receivership

Newspaper Excerpt: Jo Nichol, cashier of the Simmons National bank, appointed receiver on July 8, 1915, submitted an itemized statement showing collections of $1,549.82 and expenditures of $1,458.93.
Source: newspapers

2. January 29, 1916 Other

Newspaper Excerpt: Chancery Court Forecloses Lien on Claim for $11,571.08 ... The receiver's report was approved, and he was ordered to retain the balance, subject to the court's orders.
Source: newspapers

Newspaper Articles (1)

1. January 29, 1916 Pine Bluff Daily Graphic Pine Bluff, AR

Article from Pine Bluff Daily Graphic, January 29, 1916

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Article Text

ARLINGTON HOTEL ORDERED SOLD TO HIGHEST BIDDER Chancery Court Forecloses Lien on Claim for $11,571.08. MOTHER SUES FOR CHILD'S CUSTODY Melissa Williams, Negro, Charges Daughter Is Held by Others Who Hope to Obtain Insurance Money Payable to Child. The Arlington hotel property. in East Third avenue, has been ordered sold to satisfy judgment for $11,571.08 and 10 per cent interest from date, rendered yesterday by Judge John M. Elliott in the suit of Union Trust company and Sam W. Revburn, trustee, vs. E. A. Schicker et ux and T. Lea Hamnett. The foreciosare was on notes, executed by Mr. Schicker, but assumed and guaranteed by Mr. Hamnett in the transaction by which Mr. Hamnett acquired the Arlington hotel about one year ago. Jo Nichol, cashier of the Simmons National bank, appointed receiver on July 8, 1915, submitted an itemized statement showing collections of $1,549.82. and expenditures of $1,458.93, a balance of $90.89. Mr. Nichol reported he had been unable to lease or rent the hotel, and had deemed it wisc to use it as a rooming house. The receiver's report was approved, and he was ordered to retain the balance, subject to the court's orders. Mr. Nichol was appointed commissioner to conduct the sale of the property, which consists of a threestory building, located on a lot 60 by 154 feet.