Peoples Bank (Mount Vernon, KY)

Episode Information

Episode UID
73032971585
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
7303297 routing
Routing Number
73-0329
Start Date
January 1, 1932*
Location
Mount Vernon, Kentucky (37.353, -84.340)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
def77f72bca91d96

Response Measures

None

Description

Exact suspension date not stated; evidence of permanent closure/receivership comes from a 1934 sale by the Special Banking Commissioner.

Events (3)

1. January 1, 1932* Suspension
Cause
Government Action
Cause Details
Article references the bank's closing in a criminal case context; later actions by the Special Banking Commissioner imply official closure/receivership.
Newspaper Excerpt
case involving closing of the Peoples Bank of Mt. Vernon.
Source
newspapers
2. August 20, 1934 Other
Newspaper Excerpt
public sale, by Hiatt, Special Banking Commissioner, of notes owing the Bank. This sale will be People's August 20, 1:30 p.m. at Mt. Vernon, Ky.
Source
newspapers
3. August 20, 1934 Receivership
Newspaper Excerpt
public sale, by Hiatt, Special Banking Commissioner, of notes owing the Bank. This sale will be People's August 20, 1:30 p.m. at Mt. Vernon, Ky.
Source
newspapers

Newspaper Articles (2)

Article from The Harlan Daily Enterprise, March 2, 1932

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Article Text

Guard's Trial Killing Sheriff Begins Somerset, Mar. jury completed today to try Hun ter Burchell, charged with the murder of Sheriff Tipton. Somerset, Ky., Mar. trial of Hunter Burchell, of Manchester, a guard at the Frankfort Penitentiary, charged with the murder of Sheriff N. Tipton at Mt. Vernon Jan. 16, was called in Pulaski Circuit Court here yesterday. Sheriff Tipton had reported to the Attorney General that Burchell was not property guarding Miller, whom he took to Mt. Vernon testify at the trial of his brother, R. H. Miller, in case volving closing of the Peoples Bank of Mt. Vernon. Burchell objected to Tipton's action and he was said to have been ordered from the Sheriff's office. He met the Sheriff on the street and shot him. The Court of Appeals denied Burchell writ of prohibition to prevent Judge Roscoe Tartar from presiding at his trial, and writ of habeas corpus to require Judge Tartar to grant him bail.


Article from Mount Vernon Signal, August 9, 1934

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Article Text

PEOPLE'S BANK NOTE SALE On the back page of this issue will be found the public sale, by Hiatt, Special Banking Commissioner. of notes owing the Bank. This sale will be People's August 20, 1:30 m. at Mt. Vernon, Ky.