Bank of Batesville (Batesville, MS)

Episode Information

Episode UID
8339183391584
Episode Type
Run → Suspension → Reopening
Bank Type
state
Bank ID
833918339 hash
Start Date
December 17, 1931
Location
Batesville, Mississippi (34.311, -89.944)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
95bec64faa4f2441

Response Measures

None

Description

Articles reference closures by State Bank Superintendent and later reopening under a plan; branch names vary between pieces.

Events (3)
1. December 17, 1931 Run
Cause Details
Unspecified run on the bank that precipitated closure; article gives no clear trigger.
Newspaper Excerpt
The Bank of Batesville ... temclosed doors and were taken charge of by State Bank Superintendent Love, after run on the Batesville bank.
Source
newspapers
2. December 17, 1931 Suspension
Cause
Government Action
Cause Details
State Bank Superintendent Love took charge and closed the bank following the run.
Newspaper Excerpt
The Bank of Batesville ... closed doors and were taken charge of by State Bank Superintendent Love
Source
newspapers
3. March 15, 1932 Reopening
Newspaper Excerpt
The Bank of Batesville and its branch ... closed for opened unique plan operation. Under depositors, accounts will be left the Depositors may withdraw 20 per the first year; second, another after third. and 40 per cent
Source
newspapers

Newspaper Articles (2)
1. December 18, 1931 The Tennessean Nashville, TN
Article from The Tennessean, December 18, 1931

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Article Text

Mississippi Bank and Its Subsidiary Close JACKSON, Miss., Dec. 17-(P)The Bank of Batesville, at Batesville, Miss., and its subsidiary, the Bank Hope, at Hope Miss., temclosed doors and were taken charge of by State Bank Superintendent Love, after run on the Batesville bank. Superintendent Love declined to comment on the bank, or give any financial figures. "The Bank of Batesville failed. It isn't news any more" was his only remark. The statement on state banks issued yearly by the state banking department shows that the Bank of Batesville had capital stock of $35,000, surplus fund of $20,000 and resources of approximately $500, 000. Walter Pipkin was president and C. S. Smith vice-president.

2. March 15, 1932 The Cincinnati Enquirer Cincinnati, OH
Article from The Cincinnati Enquirer, March 15, 1932

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Article Text

SOUTHERN BANK REOPENS. Batesville, Miss. March The Bank of Batesville and its branch, the Bank of Pope, at Pope, Miss., closed for opened unique plan operation. Under depositors, accounts will be left the Depositors may withdraw 20 per the first year; second, another after third. and 40 per cent