6650. Citizens Bank (Jennings, LA)

Bank Information

Episode Type
Suspension β†’ Closure
Bank Type
state
Start Date
January 1, 1904*
Location
Jennings, Louisiana (30.222, -92.657)

Metadata

Model
gpt-5-mini
Short Digest
f4fb812c6fb8fa3a

Response Measures

None

Description

Multiple articles (Nov–Dec 1907) report that Citizens Bank of Jennings, LA suspended operations in 1904 and that its former cashier J. H. (J. F.) Hoffman was later convicted for accepting deposits after knowing of the bank's insolvency. No articles describe a depositor run or a reopening; the suspension appears permanent/related to insolvency.

Events (1)

1. January 1, 1904* Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank suspended due to insolvency (later conviction of cashier for taking deposits after knowing of insolvency).
Newspaper Excerpt
The bank suspended operations in 1904.
Source
newspapers

Newspaper Articles (4)

Article from The Montgomery Advertiser, November 23, 1907

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Article Text

Hoffman Found Guilty. Lake Charles, La., Nov. 22-J. F. Hoffman, former cashier of the Citizens Bank of Jennings, La., was today found guilty of accepting deposits after he knew of the bank's insolvency. The bank suspended operations in 1904. Sentence was deferred.


Article from Bryan Morning Eagle, November 24, 1907

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Article Text

Hoffman Found Guilty. Lake Charles, La., Nov. 23.-J. H. Hoffman. former cashier of the Citizens' bank of Jennings, La., was found guilty of accepting deposits after he knew of the bank's insolvency. The bank suspended operations in 1904. Sentence was deferred.


Article from Greene County Herald, November 29, 1907

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Article Text

CASHIER FACES PENITENTARY. Found Guilty of Accepting Depos S While Bank Was Insolvent. J. H. Hoffman, former cashier of the Citizens' bank of Jennings, La., was found guilty in court at Lake Charles Friday of accepting deposits after he knew of the bank's insolvency. The bank suspended operations in 1904. Sentence was deferred.


Article from Los Angeles Herald, December 3, 1907

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Article Text

LOUISIANA LAKE CHARLES, La., Dec. 2.-J. H. Hoffman, ex-cashier of the Citizens' bank of Jennings, La., was found guilty of accepting deposits after he knew of the bank's insolvency. The bank suspended operations in 1904. Sentence was deferred. The trial of Alexander Bourgers, a prominent citizen of Welsh, accused with shooting with intent to kill, resulted in a conviction. Bourgers is charged with chooting Claude Singleton, a young man passing his house on Halloween night, when a number of persons were said to be loitering in the neighborhood of Bourgers' houses The case has attracted wide attention. BATON ROUGE-Between $150,000 and $200,000 a year will be saved the state of Louisiana by reforms in tax collecting instituted by the present extra session of the legislature. This was made evident when the various factions of the legislature settled their disputes in joint committee conferences. Next week will be devoted to formally turning into laws the reforms worked out in committee. The legislature will grant $15.000 and appoint a commission for an investigation of port conditions at New Orleans, which is expected to result in disclosures and reforms important to a large section of the south.