Bank of Bogalusa - Bogalusa, LA

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: November 1, 1913*
Location: Bogalusa, Louisiana (30.791, -89.849)

Metadata

Model: gpt-5-mini
Short Digest: e78db180

Response Measures

None

Description

Article (St. Tammany Farmer, 1913-11-15) references the suspension of banks ... the Bank of Bogalusa and related damage suits being postponed. No run is described; the bank is discussed as suspended/closed with legal/ liquidation actions, implying permanent closure/receivership rather than a temporary suspension and reopening. Date of article used for dating event; exact suspension date not given.

Events (1)

1. November 1, 1913* Suspension

Cause Details: Article mentions suspension and related legal suits; no explicit cause (e.g., insolvency or rumor) is provided in the text excerpt.
Newspaper Excerpt: the supension of banks ... and the Bank of Bogalusa and ... damage suits were postponed.
Source: newspapers

Newspaper Articles (1)

1. November 15, 1913 St. Tammany Farmer Covington, LA

Article from St. Tammany Farmer, November 15, 1913

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Article Text

BICKHAM CASE POSTPONED. I Depositors of the Closed Union Bank Hear Committee Report. Franklinton, Nov. 11.-A large number of depositors of the recently closed Union Bank met yesterday afternoon to hear a report from a com. mittee that previously had been elected to look after their interests. A vacancy on the committee occasioned by the resignation of Robert Babingto, was filled by the election of George Knight. Complaint was expressed that expenses of liquidation were too much. It was announced that as one of the clerks had resigned an expense for his salary would be :t-ssened. Advice Was freel: giv. 'n assist the special agent in obtaining the best prices for real -- at.. and other securities that bad ic 3.0 Mr. d to satisfy claims. The case against H. D. Birtham and 0 hera relating to matters invoiri..: the supension of banks at invie a:d your: Herman and the Com17-19. Lank of Bogalusa and 111. liea y damage suits were portponed.