7780. Port Barre State Bank (Port Barre, LA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
February 26, 1915
Location
Port Barre, Louisiana (30.560, -91.954)

Metadata

Model
gpt-5-mini
Short Digest
03f3fa6d

Response Measures

None

Description

Newspaper articles (Feb 26–27, 1915) report that arrangements were made with Dr. Gordon Morgan, president of Merchants and Farmers Bank of Melville, to liquidate the affairs of the Port Barre State Bank and pay depositors in full. The bank was contemplating closing; no run is described (a potential rush was prevented). This is a voluntary liquidation/suspension leading to closure.

Events (1)

1. February 26, 1915 Suspension
Cause
Voluntary Liquidation
Cause Details
Bank made arrangements with Merchants and Farmers Bank of Melville to liquidate its affairs and pay depositors in full; bank was contemplating closing.
Newspaper Excerpt
Arrangements were made with Dr. Gordon Morgan, president of Merchants and Farmers Bank of Melville, La., to liquidate the affairs of the Port Barre State Bank, paying depositors in full.
Source
newspapers

Newspaper Articles (2)

Article from The Caldwell Watchman, February 26, 1915

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Article Text

maue, they apparently have become weary of spending their time and money. It was decided that the attention of the probe commission be called also to the penitentiary management, as it was asserted that that institution is a tremendous expense to the state. The probe commission already has a subcommittee investigating that subject. It was decided to have the secretary notify the police juries and the district judges of the condition of the parish jails, which, in many instances, is bad. The judges will be asked to call the attention of grand juries to the necessity of investigating the jails. In many states, especially in Alabama, according to a report by the secretary, the states have taken control of the parish (county) jails. Agitation for an investigation of the courts, particularly the Supreme Court and the Civil District Court of New Orleans, was brought to a head when State Senator George Wesley Smith introduced in the State Probe Commission a resolution calling for such an inquiry. After brief discussion, the resolution was adopted without a dissenting vote. a Supt. W. S. Lafargue and H. J. Daa vid, government farm demonstrator, a visited the Paul Scott school of Thibo3 daux and gave interesting talks 03 o education land the benefits to be de rived from the pig, corn and tomato 8 clubs. It is the intention of the speak0 ers to visit other schools and get the parents, teachers and pupils to co-operate in the work of forming clubs. A delegation from Lafayette parish spent two days at the capital viewing I the model road which runs from Baton Rouge to Hope Villa. The party Il was headed by H. Billeaud, president ai of the Lafayette Parish Police Jury S and was composed of P. H. Landry, U of Lafayette; Dr. C. R. de Laureal, Broussard and M. Billiard, Jr., of Broussard. 7 in a Prof. Thos. H. Harris, State Superintendent of public schools, and Prof. C. S. Trudeau, rural state inS spector for this state, spoke to a repu resentative gathering of citizens at = the court house at Franklinton advoa cating the levying of a special school tax all over the parish for the maintenance of the public schools of the parish. :J II A meeting of the board of commissioners of the New River Drainage District was held at Gonzales, the domicilo of the organization, for the I purpose of receiving bids for digging a drainage canal approximately twen0 ty-seven miles long and with a width 11 a of 65 feet, requiring the excavation of about 2,000,000 cubic yards of earth. a Arrangements were made with Dr. Gordon Morgan, president of Mer 11 chants and Farmers Bank of Melville, La., to liquidate the affairs of the Port Barre State Bank, paying depositors 2 in full. It was generally known for several days that the bank was conis templating closing, but the confidence 0 Mr. LaSalle, the cashier, inspired, preS) vented a rush. -is When H. B. Parer of Monroe start. a ed to his work as car inspector on the Iron Mountain Railway he discovered a small bundle on his doorstep and & thinking it was clothing, called his wife's attention to It. The package is contained a baby girl, only a few in hours old. The child's mother is unas known.


Article from The Madison Journal, February 27, 1915

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Article Text

and 1913 did not change the organic law in this respect. Announcement was made by W. C Hudson, chairman of the Rapides Cotton Club that H. C. Swann of Cheneyville had been awarded the fifty dollar cash prize offered for the best acre of corn raised in the parish last season. The acre of ground from which this corn was raised was also planted in Irish potatoes. The potatoes were planted on February 16 and dug on May 27. The corn was plant ed on May 2. The net profits Mr. Swann received from the acre of ground were, from the corn $33.71, and from potatoes, $32.20, making a total of $65.91, less $6.00 for rent, or a net total for the acre of $59.91. A delegation from Lafayette parish spent two days at the capital viewing the model road which runs from Baton Rouge to Hope Villa. The party was headed by H. Billeaud, president of the Lafayette Parish Police Jury and was composed of P. H. Landry, of Lafayette; Dr. C. R. de Laureal, Broussard and M. Billiard, Jr., of Broussard. Prof. Thos. H. Harris, State Superintendent of public schools, and Prof. C. S. Trudeau, rural state inspector for this state, spoke to a representative gathering of citizens at the court house at Franklinton advocating the levying of a special school tax all over the parish for the maintenance of the public schools of the parish. A meeting of the board of commissioners of the New River Drainage District was held at Gonzales, the domicile of the organization, for the purpose of receiving bids for digging a drainage canal approximately twenty-seven miles long and with a width of 65 feet, requiring the excavation of about 2,000,000 cubic yards of earth. Arrangements, were made with Dr. Gordon Morgan, president of Merchants and Farmers Bank of Melville, La., to liquidate the affairs of the Port Barre State Bank, paying depositors in full. It was generally known for several days that the bank was contemplating closing, but the confidence Mr. LaSalle, the cashier, inspired, prevented a rush. When H. B. Parer of Monroe started to his work as car inspector on the Iron Mountain Railway he discovered a small bundle on his doorstep and thinking it was clothing, called his wife's attention to it. The package contained a baby girl, only a few hours old. The child's mother is unknown. The three weeks old infant of Mr. and Mrs. Norman Short of Monroe was smothered to death as the baby lay in bed beside its mother at the Johnson House. Coroner C. P. Gray gave a certificate of death. The parents are from Mississippi. The trucking season is now in full swing and the packing houses at La Place are doing a rushing business. Large quantities of cabbages, sweet potatoes, turnips, spinach, shallots, etc., are being shipped daily to Northern and Eastern markets. e : Frank M. Miller, United States Mar shal for the Eastern District of Louisiana, announced that he had appointed William Griffin of Westego, La., to the position of deputy marshal in his office. The appointee succeeds Thome ,a negro, ex11 to assume his as pected I. Galbreath, duties and before is the end of the current month. a Smith Well Company of Alexhas been drilling a a andria The deep well e for the town of Bunkie, and struck . water with a pressure of forty feet h to the square inch at a depth of 540 d feet. An agreeable surprise was accorda ed Breaux Bridge in the advent of a d new bi-weekly, "The Louisiana Adt vance," edited by E. L. Simmons, with d a four-page issued of "All" Home s Print," devoted to eulogistic praise of Louisiana and Breaux Bridge.