Union City Bank & Trust Company (Union City, TN)

Episode Information

Episode Type
Run Only
Start Date
August 30, 1909
Location
Union City, Tennessee (36.424, -89.057)
Bank Type
trust

Metadata

Events (1)

1. August 30, 1909 Run
Cause
Local Shock
Cause Details
Failure of the Hardy Grain Company and the suicide of its president triggered depositor anxiety and withdrawals.
Measures
Other local banks and private citizens 'went to the rescue'; depositors were paid on presenting claims.
Newspaper Excerpt
Because George Hardy, president of a grain company, killed himself, a run was started on the Union City Bank & Trust company here, today.
Source
newspapers

Newspaper Articles (10)

Article from The Vinita Daily Chieftain, August 30, 1909

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Article Text

SUICIDE STARTS A RUN ON UNION CITY BANK By Associated Press. Union City, Tenn., Aug. 30. - Because George Hardy, president of a grain company, killed himself, a run was started on the Union City Bank & Trust company here, today. The other banks and individuals came to the rescuΓ© and all depositors were paid.


Article from Evening Times-Republican, August 30, 1909

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Article Text

STARTS RUN ON BANK

Failure of Grain Company Makes Bank Depositors Anxious. Union City, Tenn., Aug. 30.-Because of the failure today of the Hardy Grain Company, of this city, a run was started on the Union Bank and Trust Com-


Article from The Guthrie Daily Leader, August 30, 1909

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Article Text

SUICIDE STARTS RUN ON BANK (By Associated Press) Union City, Tenn., Aug. 30.-Because George Hardy, president of a grain company killed himself, a run was started on the Union City Bank and Trust company here today, Other banks and individuals came to the rescue and all depositors are be ing paid.


Article from The Daily Missoulian, August 31, 1909

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Article Text

BANK SUSTAINS SELF AGAINST HEAVY RUN Union City, Tenn., Aug. 30.-Because of the failure today of the Hardy Grain company of this city, a run was started on the Union City Bank & Trust company when that institution opened its doors. The First and Third National banks of this city went to the rescue of the trust company, along with private citizens, and all depositors were paid on presenting their claims. George Hardy. president of the grain company. accidenttily killed himself a few days ago.


Article from Ottumwa Tri-Weekly Courier, August 31, 1909

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Article Text

Run on Tennessee Bank

Union City, Tenn., Aug. 30.-Because of the failure today of the Hardy Grain company of this city a run was started on the Union Bank and Trust company. The other banks went to the rescue of the trust company. All depositors were paid on presenting claims. George Hardy, president of the Grain company, accidently killed himself a few days ago.


Article from Los Angeles Herald, August 31, 1909

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Article Text

Make Run on Bank UNION CITY, Tenn., Aug. 30.-Be- cause of the failure today of the Hardy Grain company of this city, a run was started on the Union City Bank & Trust company when that institution opened its doors. The First and Third national banks of this city went to the rescue of the trust company, along with private citizens, and all depositors were paid on presenting their claims. George Hardy, president of the grain company, accidentally killed himself a few days ago.


Article from The Bon Homme County Independent, September 2, 1909

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Article Text

TENNESSEE BANK GOES SAFELY THROUGH A RUN Union City, Tenn., Sept. 1.--Because of the failure today of the Hardy Grain company of this city, a run was started on the Union City Bank & Trust company, when that institution opened its doors. The First and Third National banks of this city went to the rescue of the trust along with private citizens, and all depositors were paid on presenting their claims. George Hardy, president of the grain company, accidentally killed himself a few days ago.


Article from The Mitchell Capital, September 2, 1909

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Article Text

TENNESSEE BANK GOES SAFELY THROUGH A RUN Union City, Tenn., Sept. 1.--Because of the failure today of the Hardy Grain company of this city, a run was started on the Union City Bank & Trust company, when that institution opened its doors. The First and Third National banks of this city went to the rescue of the trust along with private citizens, and all depositors were paid on presenting their claims. George Hardy, president of the grain company, accidentally killed himself a few days ago.


Article from The Citizen-Republican, September 2, 1909

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Article Text

TENNESSEE BANK GOES SAFELY THROUGH A RUN Union City, Tenn., Sept. 1.-Because of the failure today of the Hardy Grain company of this city, a run was started on the Union City Bank & Trust company, when that institution opened its doors. The First and Third National banks of this city went to the rescue of the trust along with private citizens, and all depositors were paid on presenting their claims. George Hardy. president of the grain company, accidentally killed himself a few days ago.


Article from The Weekly Chieftain, September 3, 1909

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Article Text

SUICIDE STARTS A RUN ON UNION CITY BANK By Associated Press. Union City, Tenn., Aug. 30. - Because George Hardy, president of a grain company, killed himself, a run was started on the Union City Bank & Trust company here, today. The other banks and individuals came to the rescue and all depositors were paid.