7512. Citizens Bank (Jennings, LA)

Bank Information

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

Metadata

Model
gpt-5-mini
Short Digest
f7e9f8ec

Response Measures

None

Description

Articles report that Citizens Bank of Jennings suspended operations in 1904 and a former cashier was convicted in 1907 of accepting deposits knowing the bank was insolvent. No article mentions a reopening; evidence indicates a suspension leading to permanent closure. Bank type not explicit from name.

Events (1)

1. January 1, 1904* Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank was insolvent; later prosecution of cashier for accepting deposits after knowing of insolvency (conviction reported 1907).
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.