Bank of Apperson (Apperson, OK)

Episode Information

Episode UID
6263862491497
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
626386249 hash
Start Date
September 1, 1924*
Location
Apperson, Oklahoma (36.751, -96.766)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
3a2bdfa7d69c13b3

Response Measures

None

Description

Articles describe the bank as defunct/failed and depositors organizing for liquidation and a grand jury probe.

Events (1)

1. September 1, 1924* Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank is described as failed/defunct with depositors seeking liquidation and grand jury investigation into officers' affairs.
Newspaper Excerpt
Several of the depositors of the defunct Bank of Apperson...
Source
newspapers

Newspaper Articles (2)

Article from The Apperson American, September 19, 1924

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Article Text

ATTENTION, DEPOSITORS! Several of the depositors of the defunct Bank of Apperson have requested that the American announce a call meeting of all depositors at an early date to take steps looking towards the election of a depositors' committee to take action in the liquidation of the affairs of said bank. We believe the idea is a good one, and all those in favor of such steps are requested to meet at the American office Saturday night of this week for preliminary work.


Article from The Apperson American, September 26, 1924

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Article Text

WILL ASK FOR GRAND JURY INVESTIGATION OF BANK'S AFFAIRS At a meeting of a large number of the depositors of the failed Bank of Apperson, in the dining room of the American Cafe last night, a resolution was adopted and passed to circulate a petition among the taxpayers asking that the District Court call a session of the Grand Jury for the purpose of investigating the affairs of the failed Bank of Apperson and any other matter that may come within the sphere of such a body at an early date. Attorney W. A. Boyack was instructed to prepare the petition at once and the following were appointed as a committee to circulate same: Forrest Manns, G. A. Allen and Grover Rhodes. they were also instructed to secure as many assistants as needed to help circulate the petition. It is reported that the charges that were preferred against Henry Henson, ex-president and founder of the bank, had been dismissed, also the charges against John Overman, who, it is said, was president of the bank at the time of its failure. This procedure does not set well with the depositors of the bank, and other matters that yet remain uncleared is the reason that a Grand Jury investigation will be asked.