Article Text
RECEIVER FOR PARMA BANK. JACKSON, Mich., Sept. 22.Seymour S. Godfrey has been appointed receiver for the Farmers and Merchants' State bank, of Parma. He is given six days to file a $50,000 bond.
8212. Farmers & Merchants State Bank (Parma, MI)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- September 22, 1908
- Location
- Parma, Michigan (42.258, -84.600)
Metadata
- Model
- gpt-5-mini
- Short Digest
c5a7a250df68ec89
Response Measures
None
Description
Newspapers from Sept 22–23, 1908 report a receiver appointed for the Farmers' and Merchants' State Bank of Parma (described as failed). A June 1909 notice by the receiver about dividend payments confirms the bank had closed and was in receivership. No article mentions a depositor run prior to suspension.
Events (3)
1.
September 22, 1908
Receivership
- Newspaper Excerpt
- Seymour H. Godfrey was appointed receiver for the failed Farmers' and Merchants' State bank of Parma, Mich.
- Source
- newspapers
2.
September 22, 1908
Suspension
- Cause
- Government Action
- Cause Details
- State banking commissioner/authority appointed a receiver after the bank failed; bank closed its doors and was placed in receivership.
- Newspaper Excerpt
- RECEIVER FOR PARMA BANK. JACKSON, Mich., Sept. 22. Seymour S. Godfrey has been appointed receiver for the Farmers and Merchants' State bank, of Parma.
- Source
- newspapers
3.
June 30, 1909
Other
- Newspaper Excerpt
- S. H. Godfrey, receiver of the Farmers' and Merchants' bank, of Parma, will, on June 30 declare another dividend of 20 per cent, making a 50 per cent dividend which has been paid since the bank closed its doors.
- Source
- newspapers
Newspaper Articles (5)
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Article Text
RECEIVER FOR PARMA BANK. JACKSON, Mich., Sept. 22.-Seymour S. Godfrey has been appointed receiver for the Farmers and Merchants' State bank, of Parma. He is given six days to file a $50,000 bond.
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Article Text
Receiver for Failed Bank. Jackson, Mich., Sept. 23.-Seymour H. Godfrey, a farmer, was appointed receiver for the failed Farmers' and Merchants' State bank of Parma, Mich.
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Article Text
Receiver for Failed Bank. Jackson, Mich., Sept. 23.-Seymour H. Godfrey, a farmer, was appointed receiver for the failed Farmers' and Merchants' State bank of Parma, Mich.
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Article Text
BANK TO PAY DIVIDEND. LANSING, Mich., June 24.-(Special.)-The state banking commission- er has approved the articles of incor- poration of the state bank of Holton, with a capital stock of $20,000. The department has received notice that S. H. Godfrey, receiver of the Farmers' and Merchants' bank, of Parma, will, on June 30 declare another dividend of 20 per cent, making a 50 per cent dividend which has been paid since the bank closed its doors.