Farmers & Merchants National Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 10529
Charter Number: 10529
Start Date: December 5, 1927
Location: Benton Harbor, Michigan (42.117, -86.454)

Metadata

Model: gpt-5-mini
Short Digest: 5facdd09ce1ddf5c

Response Measures

None

Description

OCR of the article is poor but clearly states a receiver was appointed for Farmers & Merchants National Bank and that receivership will begin; no mention of a depositor run or reopening. Date taken from newspaper publication (1927-12-05).

Events (3)

1. May 1, 1914 Chartered

Source: historical_nic

2. December 5, 1927 Receivership

Newspaper Excerpt: The formal placing the colony receivership, appointing the Farmers and Merchants National bank receiver... The receivership of the colony will begin as bank files an acceptance of the court's appointment.
Source: newspapers

3. January 9, 1934 Voluntary Liquidation

Source: historical_nic

Newspaper Articles (1)

1. December 5, 1927 Battle Creek Enquirer Battle Creek, MI

Article from Battle Creek Enquirer, December 5, 1927

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Article Text

May Remain in Sick Bed, Under Terms of Decree Filed Today; Queen Must Leave. Benton Harbor, Mich., Dec. Benjamin given stay exile today when the official Judge Fead Newberry received by the clerk of the circuit court in Joseph. Judge Fead filed supplementary order providing that for the present Benjamin may stay in his colony sick bed. court stipulated, however, that must submit such physical examinations from time to time court may decree. The decree not modified. however, to "Queen" Mary and she must quit the colony within days under the terms of Judge Fead's decree. The formal placing the colony receivership, appointing the Farmers and Merchants National bank receiver, exiling Mary making other stipureceived County Clerk Wagner the court house placed file. The receivership of the colony will begin as bank files an acceptance of the court's appointment.