Joplin State Bank (Joplin, MO)

Episode Information

Episode UID
80004171585
Episode Type
Run → Suspension → Closure
Bank Type
state
Bank ID
8000417 routing
Routing Number
80-0041
Start Date
January 1, 1932*
Location
Joplin, Missouri (37.084, -94.513)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
2e9d70f0ca23c05b

Response Measures

None

Description

Bank closed by its board and a state examiner/receiver was assigned; articles cite heavy withdrawals but give no further cause.

Events (3)
1. January 1, 1932* Run
Cause Details
Heavy withdrawals prompted loss of liquidity; contemporaneous reports cite heavy withdrawals but give no specific trigger.
Measures
None stated beyond eventual closing by board and examiner assignment.
Newspaper Excerpt
The bank closed recently, as result of heavy withdrawals.
Source
newspapers
2. January 18, 1932 Suspension
Cause Details
Board of directors closed the bank; state examiner assigned to take charge after closure related to heavy withdrawals.
Newspaper Excerpt
The State Finance Department was notified today of the closing of the Joplin State Bank by its board of directors.
Source
newspapers
3. February 5, 1932 Receivership
Newspaper Excerpt
John W. Freeman ... yesterday was named by the state finance department to take charge of the affairs of the Joplin State bank as receiver.
Source
newspapers

Newspaper Articles (3)
1. January 18, 1932 St. Louis Post-Dispatch St. Louis, MO

Article Text

State Notified of Closing of Small Bank at Joplin, Mo. JEFFERSON CITY, Jan. 18.—The State Finance Department was notified today of the closing of the Joplin State Bank by its board of directors. No reason was given. U. P. Moody, a State Bank Examiner, was assigned to take charge for the department. The last statement of the bank showed resources $244,323 and $199,310 deposits. all. It was simply a contract between large stockholders." "And it did not influence the negotiations?" Oliver pressed. "I cannot imagine that it did," Gregg replied. Mellon's Income in 3 Hours. Gregg then indicated he had concluded and Patman was given permission to reply. Referring to Gregg's statement that Mellon owns "about 15 per cent" of the Aluminum company, Patman said: "Of course he owns more than 15 per cent. "Mr. Gregg pointed out other Secretaries have been stockholders. Mr. McAdoo held $10,000 worth of stock when Secretary. "Why that's insignificant. Mr. Mellon's income amounts to as much in three hours as the total gross amount of stock held by all Secretaries of the Treasury before him." Before he left the stand, Gregg was directed to supply a list of the present holders of the bank stock sold when appointed secretary.

2. February 6, 1932 Carthage Evening Press Carthage, MO

Article Text

CAMPAIGN PLANS MADE Women's Division of Democratic Committee Meets Today Campaign plans were discussed at meeting of the women's division of the Jasper County Democratic committee this afternoon in the circuit court room. Mrs. J. D. Plummer, chairman, was in charge. Mrs. George Lavery of Joplin addressed the meeting on "The Victory Campaign." Plans for joint sessions of the county and township organizations were discussed by Grover C. James of Joplin, county chairman. Mrs. Plummer outlined plans for the township gatherings. Arrangements will be made to hold both county and township sessions once month. Officers of the women's division are: Mrs. Plummer, chairman; Mrs. Barney Finn, Sarcoxie, first vice chairman; Mrs. Emma Kasper, Carthage, second vice chairman; Mrs. Isherwood, Carl Junction, third vice chairman; Mrs. Lee Daugherty, Webb City, secretary, and Miss Mary Hackney, Carthage, treasurer. Receiver for Joplin Bank John W. Freeman, Joplin real tate man and investor, yesterday was named by the state finance department to take charge of the affairs of the Joplin State bank as receiver. The bank closed recently, as sult of heavy withdrawals. Mr. Freeman was stockholder in the bank and one of its original founders. He announced he would make an effort to reorganize it as soon as he ascertained the state finance department's requirements. Widow of Veteran Dies Mrs. Frances Cadelia Price, 84 years old, died at the Price home in Purcell at 12:20 o'clock this afternoon. Price was the widow of John Price, union veteran of the civil war who died in 1912. She was member of the S. and of the Methodist Episcopal church. A niece, Lewis of California, Funeral services will be held the Methodist church in Purcell o'clock Monday.

3. February 6, 1932 Carthage Evening Press Carthage, MO

Article Text

CAMPAIGN PLANS MADE Women's Division of Democratic Committee Meets Today Campaign plans were discussed at meeting of the women's division of the Jasper County Democratic committee this afternoon in the circuit court Mrs. J. D. Plummer, room. chairman, was in charge. Mrs. George Lavery of Joplin addressed the meeting on Victory Campaign." Plans for joint sessions of the county and township organizations were discussed by Grover C. James of Joplin, county chairman. Mrs. Plummer outlined plans for the township gatherings. Arrangements will be made to hold both county and township sessions once month. Officers of the women's division are: Mrs. Plummer, chairman; Mrs. Barney Finn, Sarcoxie, first vice chairman; Mrs. Emma Kasper, Carthage, second vice chairman; Mrs. H. Isherwood, Carl Junction, third vice chairman; Mrs. Lee Daugherty, Webb City, secretary, and Miss Mary Hackney, Carthage, treasurer. Receiver for Joplin Bank John W. Freeman, Joplin real The tate man and investor, yesterday was named by the state finance department to take charge of the affairs of the Joplin State bank as receiver. The bank closed recently, as result of heavy withdrawals. Mr. Freeman was stockholder in the bank and one of its original founders. He announced he would make an effort to reorganize It as soon as he ascertained the state finance department's requirements. Widow of Veteran Dies Mrs. Price, 84 Frances years old, died at the Price home in Purcell at 12:20 o'clock this afternoon. was the widow of John Price, union veteran of the civil Earl war who in 1912. She was died and of the member of the Methodist Episcopal church. niece, Frances Lewis of California, Funeral services held N. the Methodist church in o'clock Monday.