6324. Farmers Bank (Cane Valley, KY)

Bank Information

Episode Type
Suspension โ†’ Closure
Bank Type
state
Start Date
May 8, 1912
Location
Cane Valley, Kentucky (37.180, -85.320)

Metadata

Model
gpt-5-mini
Short Digest
eb2ae4e445089256

Response Measures

None

Description

Newspaper notices (May 8 and May 15, 1912) state the bank is in the hands of an agent and receiver (W. W. Jones) and announce a public sale of the bank's furniture and the banking house on May 20, 1912. OCR shows the name as Farmer's Bank in the articles; bank identified here as Farmers Bank (as provided). No articles describe a run or reopening โ€” the bank is in receivership and its assets are being sold, consistent with permanent closure.

Events (2)

1. May 8, 1912 Receivership
Newspaper Excerpt
By order of the Board of Directors of the Farmer's Bank, of Cane Valley, Adair County, Kentucky, I as agent and receiver of said bank, will, ... sell ... on the 20 May, 1912 ... Farmers Bank by W. W. Jones, Agent and Recerver.
Source
newspapers
2. May 20, 1912 Suspension
Cause
Government Action
Cause Details
Bank placed in hands of an agent and receiver; assets and banking house ordered sold at public outcry by the receiver.
Newspaper Excerpt
By order of the Board of Directors of the Farmer's Bank ... I as agent and receiver of said bank, will ... sell ... the lot and banking house of said bank ...
Source
newspapers

Newspaper Articles (2)

Article from The Adair County News, May 8, 1912

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Article Text

# Public Sale. By order of the Board of Directors of the Farmer's Bank, of Cane Valley, Adair County, Kentucky, I as agent and receiver of said bank, will, at the court house door in Columbia, Ky., on the 20 May, 1912, at 1 p.m. the first day of the Adair Circuit Court, sell at public out-cry. all the furniture and fixtures of said bank consisting of. 1 Screw door burglar proof safe with double time lock, made by the National Safe & Lock Co, of Cleveland, Ohio. Full outfit of sectional office railing and desks and office fixtures 1 Typewriter and desk. 1 Protectograph check protector. All other articles of personal property that may have been overlooked. Also the lot and banking house of said bank, lying on main street in said Cane Valley, 132 feet by 25 feet with a two-story brick house thereon, a good vault and all equipped in modern style for doing a banking business. Terms of payment will be reasonable, and will be announced at time of sale. Farmers Bank by W. W. Jones, Agent and Recerver.


Article from The Adair County News, May 15, 1912

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Article Text

Public Sale. By order of the Board of Directors of the Farmer's Bank, of Cane Valley, Adair County, Kentucky, I as agent and receiver of said bank, will, at the court house door in Columbia, Ky., on the 20 May, 1912, at 1 p.m. the first day of the Adair Circuit Court, sell at public out-cry, all the furniture and fixtures of said bank consisting of, 1 Screw door burglar proof safe with double time lock, made by the National Safe & Lock Co., of Cleveland, Ohio. Full outfit of sectional office railing and desks and office fixtures 1 Typewriter and desk. 1 Protectograph check protector. All other articles of personal property that may have been overlooked. Also the lot and banking house of said bank, lying on main street in said Cane Valley, 132 feet by 25 feet with a two-story brick house thereon, a good vault and all equipped in modern style for doing a banking business. Terms of payment will be reasonable, and will be announced at time of sale. Farmers Bank by W. W. Jones, Agent and Recerver.