7788. Merchants & Farmers Bank (Shreveport, LA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
April 16, 1906
Location
Shreveport, Louisiana (32.525, -93.750)

Metadata

Model
gpt-5-mini
Short Digest
b0638b3d

Response Measures

None

Description

Multiple contemporaneous newspaper notices (April 16–18, 1906) announce the Merchants & Farmers' Bank of Shreveport 'suspension for liquidation' announced by president A. H. Leonard. Articles state assets exceed liabilities and depositors will be paid in full. No run or reopening is mentioned; the suspension is for liquidation (permanent closure). The bank is described as organized under state law, so classified as a state bank.

Events (1)

1. April 16, 1906 Suspension
Cause
Voluntary Liquidation
Cause Details
President A. H. Leonard announced suspension 'for liquidation'; assets exceed liabilities and depositors to be paid in full; indicates planned wind-up rather than failure from a run or regulator action.
Newspaper Excerpt
The suspension of the Merchants and Farmers' bank for liquidation was announced today by its president, A. H. Leonard.
Source
newspapers

Newspaper Articles (10)

Article from Los Angeles Herald, April 17, 1906

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Article Text

Louisiana Bank Suspends By Associated Press. SHREVEPORT, La., April 16.-The suspension of the Merchants and Farmers' bank for liquidation was announced today by its president, A. H. Leonard. The assets amount to $687,126 and liabilities $518,126. Depositors will be paid in full.


Article from The Cairo Bulletin, April 17, 1906

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Article Text

SHREVEPORT BANK SUSPENDS. Shreveport, La., Apr'l 16.-The suspension of the Merchants and Farmers bank for liquidation was announced today. Its assets amount to $687,126, and liabilities $518,126.


Article from The Waxahachie Daily Light, April 17, 1906

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Article Text

BANK FAILS. Suspension of an Institution at Shreve port Is Announced. Shreveport, April 17.-The suspension of the Merchants and Farmers' bank for liquidation was announced by its president, A. H. Leonard. Its assets exceed its liabilities in the sum of $169,000, the assets amounting to $687,126. and its liabilities to $518,126. It announced that the depositors will be paid in full as soon as liquidation can be effected. The bank was or ganized under the state law of 1871, with a capital stock of $100,000.


Article from The Pensacola Journal, April 17, 1906

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Article Text

SHREVEPORT, LA., BANK SUSPENDS 173 By Associated Press Shreveport , La., April 16.-The suspension of the Merchants and Farmers bank for liquidation was announced to-day by the president A H. Leonard. The assets exceed the diabilities nearly one hundred and seventy thousand dollars.


Article from The Paducah Sun, April 17, 1906

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Article Text

Shreveport Bank Suspends, Shreveport, La., April 17.-The suspension of the Merchants and Farmers' bank for liquidation is announced. Its assets amount to $687,126, and liabilities $518,126.


Article from The San Francisco Call, April 17, 1906

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Article Text

Bank Closes Its Doors, SHREVEPORT, La., April 16.-The suspension of the Merchants' and Farmers' Bank for liquidation was announced today by its president, A. H. Leonard. The assets amount to $687,126 and the liabilities to $518,126. The depositors will be paid in full.


Article from The Birmingham Age-Herald, April 17, 1906

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Article Text

Shreveport Bank Suspends. Shreveport, La., April 16.-The suspension of the Merchants and Farmers' bank for liquidation was announced today by its president, A. H. Leonard. Its assets exceed its liabilities in the sum of $169,000, the assets amounting to $687,126 and its liabilities to $518,126. It is announced that the depositors will be paid in full as soon as liquidation can be effected. The bank was organized under state laws in 1891, with a capital stock of $100,000.


Article from East Oregonian : E.O, April 18, 1906

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Article Text

PAGE TWO. COPYRIGHT Plain Mowers Ball-Bearing The "Easy Grass Catcher can be removed from 1 minutes time. Mad of duck with n Goodman, TI HARD See our Window Disp GENERAL NEWS. A bunch of Italians fought over a girl on a New York street car. Vinceso Carrera was shot, and Carrol Simono and Antonio Notaro were stabbed. All will die. The plant of the Vinegar Bend Lumber Co., at Vinegar Bend, Ala., was burned. Loss $100,000. The Mobile fire department was sent to the place, which is but 40 miles from Mobile. The suspension of the Merchants' & Farmers' bank for liquidation at Shreveport, La., has been announced by its president, A. H. Leonard. Assets amount to $687,126 and liabilities to $518,126. Depositors will be paid in full. Almost constant, though slight earthquake shocks have been felt in the Canary islands from the day of the first of the recent eruptions of Vesuvius. The supposed dormant volcano of Palma, is active, though not on a great scale. W. W. Caldwell, chairman of the republican county committee of Cloud county, Kan., tiring of the only saloon in town, Concordia, a place of 3800 inhabitants, took an ax and left the place a total wreck. Bar, fixtures, beer pumps and bottled goods were made chaos. It is probable that the county attorney will be forced to resign because of his stand-in with the illicit saloons.


Article from Bryan Morning Eagle, April 18, 1906

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Article Text

BANK FAILS. Suspension of an Institution at Shreve port Is Announced. Shreveport, April 17.-The suspen sion of the Merchants and Farmers bank for liquidation was announced Its by its president, A. H. Leonard. assets exceed its liabilities in the sum of $169,000. the assets amounting to $687,126, and its liabilities to $518,126 It announced that the depositors will be paid in full as soon as liquidation can be effected. The bank was or ganized under the state law of 1871 with a capital stock of $100,000.


Article from Americus Times-Recorder, April 19, 1906

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Article Text

Louisiana Bank Suspends. Shreveport, La., April 18.-The suspension of the Merchants and Farmers' bank for liquidation nas been announced by its president, A. H. Leonard. Its assets exceed its liabilities in the sum of $169,000, the assets amounting to $687,126, and its liabilities to $518,126. It is announced that the depositors will be paid in full as soon as liquidation can be effected. The bank was organized under state law in 1891, with a capitar of $100,000.