7536. Mount Herman Bank (Mount Hermon, LA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
May 28, 1913
Location
Mount Hermon, Louisiana (30.960, -90.296)

Metadata

Model
gpt-5-mini
Short Digest
ef1ea1cf

Response Measures

None

Description

The articles state the Mount Herman Bank was suspended by the state bank examiner on May 28, 1913. Later a special agent was appointed to liquidate the bank and pay depositors fractions, indicating permanent closure/receivership rather than reopening. No run is described in the articles.

Events (2)

1. May 28, 1913 Suspension
Cause
Government Action
Cause Details
Suspended by W. L. Young, state bank examiner, on May 28, 1913.
Newspaper Excerpt
Mt. Hermon and Angie Banks. ... Mt. Hermon Bank, of Mt. Hermon, of which J. S. Brock Jr. is special agent, and which W. L. Young, state bank examiner, suspended May 28th, have been filed with the clerk of court
Source
newspapers
2. November 28, 1913 Receivership
Newspaper Excerpt
Through J. S. Brock, Jr., special agent appointed to liquidate the affairs of the Bank of Angie and the Mount Herman Bank, which were suspended last May by W. L. Young, examiner of state banks, it is learned that provision is being made to pay depositors 30 per cent and 25 per cent, respectively.
Source
newspapers

Newspaper Articles (7)

Article from The Era-Leader, June 19, 1913

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Article Text

Mt. Hermon and Angie Banks. Inventory of Latter Shows Total of $56,923.98, While Former Is Listed at $33,377.59. The statements of the Bank of Angie, at Angie, and Mt. Hermon Bank, of Mt. Hermon, of which J. S. Brock Jr. is special agent, and which W. L. Young, state bank examiner, suspended May 28th, have been filed with the clerk of court, and read as follows;


Article from St. Tammany Farmer, November 1, 1913

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Article Text

HOUSTON D. BICHAM SHOT. Fired at From Ambush, But not Fatally Hurt. Franklinton, Oct. 30.-Houston D Bicknam, 40 years of age, banker an merchant, was shot from ambush to night at Cumncc, five miles north 0 / here, and probably fatally wounded, The identity of the would-be assassi has not been ascertained. Mr. Bickham, who was presiden of the Commercial Bank of Bogalus: the Angie Bank and the Mount He: man Bank, all of which were recentl placed under suspension by the Sta: bank examiner, had spent this after noon in Franklinton in conferenc with his attorneys regarding litiga tion growing out of his financial di ficulties. "At 5 o'clock Mr. Bickham started on the return to his home at Cumno where he resided with his wife a three children at the residence ' his brother, C. H. Bickham. TO banker traveled alone in a single seated buggy. It is stated here that the attemp ed assassination occurred in the sto of C. H. Bickham. It is learned th: the financier was shot in the abd men and that his wounds are belie ed mortal. The tragedy was enact ed a few minutes past 7 o'clock 11 night. Immediately on Sheriff Thomas : Simmons being advised of the affai he sent Wiley Pierce and two othe deputy sheriffs to the scene. Th sheriff himself is sick abed and us able to get about. The deputies ar not expected to return from Cumno before morning, and until then f details of the affair will not 1 known. Mr. Bickham is a son-in-law W. W. Babington, a prominent an wealthy man of this section.


Article from The Caldwell Watchman, November 7, 1913

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Article Text

BANKER SHOT FROM AMBUSH Assailant Unknown-Was President of Suspended Banks. Western Newspaper Union News Service. Franklinton.-Houston D. Bickman, 40 years of age, banker and merchant, was shot from ambush at Cumnoc, five miles north of here, and probablv fatally wounded. The identity of the would-be assassin has not been ascertained. Mr. Bickman, who was president of the Commercial Bank of Bogalusa, the Angie Bank and the Mount Herman Bank, all of which were recently placed under suspension by the state bank examiner, he was in Franklinton in conference with his attorneys regarding litigation growing out of his financial difficulties.


Article from The Rice Belt Journal, November 7, 1913

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Article Text

BANKER SHOT FROM AMBUSH Assailant Unknown-Was President of Suspended Banks. Franklinton.-Houston D. Bickman, 40 years of age, banker and merchant, was shot from ambush at Cumnoc, five miles north of here, and probably fatally wounded. The identity of the would-be assassin has not been ascertained. Mr. Bickman, who was president of the Commercial Bank of Bogalusa, the Angie Bank and the Mount Herman Bank, all of which were recently placed under suspension by the state bank examiner, he was in Franklinton in conference with his attorneys regarding litigation growing out of his financial difficulties.


Article from The Madison Journal, November 8, 1913

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Article Text

BANKER SHOT FROM AMBUSH Assailant Unknown-Was President of Suspended Banks. Western Newspaper Union News Service. Franklinton.-Houston D. Bickman, 40 years of age, banker and merchant, was shot from ambush at Cumnoc, five miles north of here, and probably fatally wounded. The identity of the would-be assassin has not been ascertained. Mr. Bickman, who was president of the Commercial Bank of Bogalusa, the Angie Bank and the Mount Herman Bank, all of which were recently placed under suspension by the state bank examiner, he was in Franklinton in conference with his attorneys regarding litigation growing out of his financial difficulties.


Article from The Rice Belt Journal, November 28, 1913

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Article Text

Depositors Will Get Money. Franklinton.-Through J. S. Brock, Jr., special agent appointed to liquidate the affairs of the Bank of Angie and the Mount Herman Bank, which were suspended last May by W. L. Young, examiner of state banks, it is learned that provision is being made to pay depositors 30 per cent and 25 per cent, respectively.


Article from The Madison Journal, November 29, 1913

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Article Text

Depositors Will Get Money. Franklinton.-Through J. S. Brock, Jr., special agent appointed to liquidate the affairs of the Bank of Angie and the Mount Herman Bank, which were suspended last May by W. L. Young, examiner of state banks, it is learned that provision is being made to pay depositors 30 per cent and 25 per cent, respectively.