603. First National Bank (Tuckerman, AR)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
10484
Charter Number
10484
Start Date
January 20, 1915
Location
Tuckerman, Arkansas (35.731, -91.198)

Metadata

Model
gpt-5-mini
Short Digest
bf738f6a

Response Measures

None

Description

Articles (Jan 22 and Jan 29, 1915) report the First National Bank of Tuckerman will liquidate and retire from business; depositors and stockholders to be paid in full and the bank will remain open only several days to pay depositors. This is a voluntary liquidation decision by stockholders/directors due to inability to profitably loan funds. No run is described.

Events (3)

1. February 7, 1914 Chartered
Source
historical_nic
2. January 13, 1915 Voluntary Liquidation
Source
historical_nic
3. January 20, 1915 Suspension
Cause
Voluntary Liquidation
Cause Details
Decision by stockholders and directors to liquidate because the bank was unable to loan its money and realize a profit from its capital; will close and pay depositors and stockholders in full.
Newspaper Excerpt
The First National Bank of Tuckerman, which was organized a year ago, will liquidate its affairs and retire from business. The depositors and stockholders will be paid in full and the bank will remain open for several days to pay depositors.
Source
newspapers

Newspaper Articles (2)

Article from The Newark Journal, January 22, 1915

Click image to open full size in new tab

Article Text

TUCKERMAN BANK QUITS Tuckerman, Jan. 20.-The First National Bank of Tuckerman, which was organized a year ago, will liquidate its affairs and retire from business. The depositors and stockholders will be paid in full and the bank will remain open for several days to pay depositors. The decision to suspend was made at a meeting of the stockholders and directors because the bank was unable to loan its money and realize a profit from its capital.


Article from Pocahontas Star Herald, January 29, 1915

Click image to open full size in new tab

Article Text

STATE NEWS NOTES One of the most ideal waterpower propositions in the state is at the Mill Creek spring in Stone county. It flows 21,000 gollons per minute and is second in volume only toMamh mothSpring in this state. Bybuilding a flume a short distance a fall of 18 g feet can be secured. It is believed a that this spring would furnish enough power to generate sufficient electricity to operate the proposed electric railroad from Hoxie to Cal ICO Rock and power to run numer us other small propositions. George Bodenhamer. widower and one of the largest hog buyers, raisers and shippers in Baxter county, made an advertising contract with the local newspaper of Mountain Home, in which he agreed to give the editor a prime fat, 200-pound hog next fall, if, through the ad vertising columns of the paper the editor secured for him a wife by that time. The editor, believing in the pulling power of his advertising columns, accepted the offer on the spot. STOP THAT COUGH-NOW When you catch cold, or begin to cough, the first thing to do 18 to take Cr. Bell's Pine-Tar.Honey. It penetrates the linings of the Throat and Lungs and fights the Germs of Disease, giving quick relief;and natural healing. "Our whole family depend on Rine-Tar-Honey for Coughs and Colds," writes Mr. E Williams, Hamilton, Ohio. It always helps. 25c. at your Druggist. The first National Bank of Tuckerman has announced that its affairs will be liquidated and the bank will be closed. This action is taken, it 18 said, on account of the bank be ing unable to loan its money on good notes in sufficient amounts to pay a profit on the capital stock. The depositors and the stockholders will be paid in full, the bank re maining open until all bills and de posits are paid. TRY THIS FOR NEURALGIA Thousands of people keep on suf I fering with neuralgia because they do not know what to do for it. Neuralgia is a pain in the nerves. What you want to do is to soothe the nerve itself. Apply Sloan's Liniment to the surface over the painful part.-do not rub it in. Sloan's Laniment penetrates very quickly to the sore, irritated nerve and allays the inflammation. Get a of Sloans Liniment for 25 cents of in bottle any druggist and have it the sore d and swollen house-against colds, joints, lumbago, sciatica and n like ailments. Your money back if not satisfied, but it does give almost instant relief. s " Within@two hours after the case , was called a jury was secured to r try James Slankard, former Hartford constable, and Bee Trout, also of Hartford, changed with the deaths of Clarence Sylesberry and John Baskins, the guards, who al E leged to have been shot to death t and their bodies burned during 8 rioting at the Bache Denman coal I syndicate's plants at Prairie Creek t July 17. I Boy WANTED-About 12 or 15 years old, to live as one of the fam) ily. Nobody but myself and wife, and will do a good part by a boy who will stay with us. Tobe Fos21 4t. ter, Maynard, Ark.