Farmers & Merchants State Bank

Bank Information

Episode Type: Run Only
Bank Type: state
Start Date: October 28, 1931
Location: Logansport, Indiana (40.754, -86.357)

Metadata

Model: gpt-5-mini
Short Digest: 46aee805

Response Measures

None

Description

Article reports a three-hour run on the Farmers and Merchants State Bank following the closing of the First National Bank (in charge of the national bank examiner). The bank remained open and was open for business as usual the next day, so this is classified as run_only. OCR of name and city appears correct.

Events (1)

1. October 28, 1931 Run

Cause: Local Banks
Cause Details: Run followed the closing of the First National Bank in the city (action by national bank examiner), prompting deposit withdrawals at this bank.
Measures: Bank remained open and continued business; withstood a three-hour run.
Newspaper Excerpt: The Farmers and Merchants State bank here was open for business as usual today after withstanding a three-hour run Wednesday.
Source: newspapers

Newspaper Articles (1)

1. October 29, 1931 The Indianapolis Times Indianapolis, IN

Article from The Indianapolis Times, October 29, 1931

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Article Text

OCT. 29, 1931 Bank Weathers Run By. United Press LOGANSPORT, Ind., Oct. 29.The Farmers and Merchants State bank here was open for business as usual today after withstanding a three-hour run Wednesday. The run followed closing of the First National bank, now in charge of W. A. Cutler, national bank examiner.