Corinth State Bank (Corinth, MS)

Episode Information

Episode Type
Suspension โ†’ Reopening
Start Date
December 26, 1930
Location
Corinth, Mississippi (34.948, -88.514)
Bank Type
state
Routing Number
85-0111

Metadata

Events (2)

1. December 26, 1930 Suspension
Cause
Macro News
Cause Details
Part of a wider wave of Mississippi bank suspensions and statewide banking distress in late Dec. 1930.
Newspaper Excerpt
The Corinth State Bank, which suspended business December 26,
Source
newspapers
2. January 29, 1931 Reopening
Newspaper Excerpt
The Corinth State Bank...reopened today.
Source
newspapers

Newspaper Articles (16)

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BANKS MAY REOPEN BOTH

Corinth State Bank Progresses With Reorganization.

Miss., Jan. the First National reopened for after having been closed for about three weeks. the of the Corinth Bank, closed few the situation Corinth should be cleared up. The Corinth State Bank not in the hands agent, the hands positors working out plans for reopening.


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MISSISSIPPI BANK REOPENS CORINTH, Miss., Jan. 29.-(P)The Corinth State Bank, which suspended business December 26, reopened today. The First National Bank of Corinth, which also suspended December 26, reopened last Saturday.

ILLINOIS BANK ROBBED GORHAM. III., Jan. 29.-(P)The First National Bank of Gorham was robbed of between $4500 and $5,000 today, by two men armed with shotguns. The robbers escaped in a small blue and green sedan, which headed west.

BOBBY JONES' FAMILY GROWS ATLANTA, Ga., Jan. daughter was born today to Mrs. Robert Tyre Jones wife of the golfer. It is the third child in the famil The other children are Clara Malone Jones, six, and Robert Tyre Jones III, three.

HOUSTON MAN NAMED AUSTIN, Jan. 29.-(P)-Governor Ross S. Sterling today named Maurice Hirsch, Houston attorney, as the Texas delegate to the 35th annual meeting of the American Academy of Political and Social Science at Philadelphia April 17-18.


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Corinth State Bank Now Open; Closed On Dec. 26

Associated CORINTH, Miss., Corinth State Bank which suspendbusiness December reopened today. The First National Bank Corinth which also suspended Dec. reopened last Saturday.


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Corinth Bank Opens

CORINTH, Miss. (AP) The Corinth State Bank which suspended business Dec. 26, reopentoday. The First National Bank Corinth which also suspended Dec. reopened Saturday.


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Corinth (Miss

) Bank, Shut Dec. 26, Reopens Corinth, Miss., Jan. The Corinth State Bank, which suspended business December 26, reopened today. The First National Bank of which also suspended December 26, reopened last Saturday.


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BANK IS REOPENED

Miss., Jan. The Corinth State Bank which suspended December re-opened The First National Bank Corinth which also suspended cember 26, reopened last Saturday.


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BANKS RE-OPEN CORINTH

Miss, Jan. 29 (AP) -The Corinth State Bank which suspended December 26, re-opened today. The First National Bank of Corinth which also suspended December 26, re-opened last Saturday.


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BANK REOPENS CORINTH, Miss., Jan. Corinth State bank which suspended business December 26. was reopened today, The First National Bank of Corinth which suspended Docember 26, reopened last Saturday.


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Illinois Bank Robbed. GORHAM, Jan. 29. National Bank of Gorham First robbed of between and today two men armed with shotguns. The robbers escaped small blue and green sedan, which headed west.

Bank Is Reopened. CORINTH, Miss., Jan. Corinth State Bank, which suspended business December 26, today. The First National opened Bank of Corinth, which also December 26, reopened last pended Saturday.


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Corinth State Bank Follows in Reopening

Jan. after the First National Bank Corinth had reopened, the Corinth State bank today Both banks suspended business December 26.


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Banks Will Reopen Ten In Two Weeks, Says Love

Corinth State "Deposits of the when the Bank, jumped Thursday, State bank reopened Banking last night in support Love, statement rapidly changconditions make banks re-opening short in the Ten banks reopen weeks rapid finannext for the state underway, Mr. Love that condition banking difficulties in the caused state appears have "People are getting their he said. the ground and are showfeet willingness to every doesn't seem any need There worry any more; worst pears gone, and from banks state have much damaging lic to contend more solid economic plane for the state. that reopen will be in better shape than Their closing gave the department the for thorough in every and they are in better position serve the community than before they closed. idea of the stronger trend the flected the attitude of deposiCorinth after opening the their of business for this bank found deposits greater than day closed." Among banks that the superin- tendent thinks will be in the near future are MechanState Bank which which be followed opening of subsidiary there: the People's Savings Bank Peoples Bank Water Bank Ecru. Bank of Winona, Bank Bank at Vardaman, Bank of Carroll County Carrollton, Bank North the Greenwood Bank Trust Company, plans on foot for more banks to open according to the superintendent. Another factor the situation seen Love the advancement of hundreds thousands dollars Delta farmers for crop making Staple Discount tion, which lending money der stringent cotton reduction program. putting much new monin that part of state, giving more stronger tone general business he declared. Mississippi has no need to fear future in the finthe spirit confishown being couraging channels state which the whole are in excellent every facility the protection of depositors the assistang of legitimate enter-


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City Band Will Give Park Concert Tonight

A band concert by the Tampa City band. under management of V. Ficcio, will be presented tonight at 8 o'clock at Robles park under auspices of the Tampa Heights Civic association. After the concert there will be dancing in the auditorium. The concert program is as follows: March, "Hello Jim" (James F. Doyle); overture. "Exuberance" Al Hayes); duet for cornets, "Gloriana" (George D. Barnard): fox trot. "Somebody Stole My Girl" (Leo Wood): march. "Sinfonica" (F. Mazzarelli): quartet from "Rigoletto" (G. Verdi); march. "The Angel" (D. Villoni); overture. "Light Cavalry" (Suppe): fox trot. "Happy Days are Here Again" (Milton Ager).

BANKS REOPEN CORINTH. Miss., Jan. 29.-(A.P.) -The Corinth State bank which suspended business Dec. 26, was reopened today. The First National Bank Corinth which suspended Dec. 26, reopened last Saturday.


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Three Bound Over By Court in Death Of Rockville Girl

Rockville Jan 29 Special Edward A. Brace Ellengton, Joseph Drohan 20. of 339 Street Hartford and Arthur G Vincent of Rockville were bound the April session of the Tolland County Superior Court in the Rockvile City Court today in connec with the death of Constance M Vincent 20 of 71 Union Street Rockville Bonds were continued $2500 for Di Brace and $1500 for Drohan and Vincent The three me through the attorneys waived the reading of the warrants and entered pleas of not guilty Miss Vincent died late Saturday night while she was being taken to St. Francis's Hospital Has ford Death was caused by an illegal operation. is alleged Dr. Brace was represented by Attorney Robert H. Fisk of afford Springs, Drohan by Attorney Max Goldenthal of Hartford and neent by Attorney William S. Hyde Manchester. The court room was filled capacity with spectators The lasted 10 minutes Drohan and Miss Vincent were both employed the Hartford Steam Boiler Inspection and Insurance Company of Hartford. Mr Vincent is the father of the dead girl

Second Bank Reopens. Corinth. Miss.. Jan. 29 AP The Corinth State Bank which sus. pended business December 26 opened today The First National Bank of Corinth which also suspended business December 26. re. opened last Saturday.


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Bank and Two Branches Close in New Jersey

ELIZABETH (N. J.) Jan. 29 (AP) The People's Banking and Trust Company and its two branches failed to open today. The institution was placed in the hands of the State Banking Department Inability to realize cash quickly on its assets left the bank without adequate money to meet impending

CORINTH (Miss.) Jan. 29. (AP)-The Corinth State Bank, which suspended business December 26, 1930, The First National Bank of Corinth, which also December 26, reopened last Saturday.

FIRE DESTROYS CHURCH MONTREAL Jan. 29. (P) St Church, one of the most beautiful here, was destroyed by fire toBuilt years ago, it was valued at $300,000

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ALBANIA EARTHQUAKE WRECKS 750 HOUSES

Four Are Reported Killed and Many Others Injured In Catastrophe

[BY THE ASSOCIATED PRESS.] KORITZA, Albania, Jan. 29.-Seven hundred and fifty houses were wrecked, four persons were killed and many others were injured in earthquakes which began at dawn yesterday and continued throughout the day. In view of the scarcity of roads officials said it would be weeks before the extent of the damage is known. Many persons spent the night in the snowcovered mountains without shelter. Many churches were destroyed. The government is organizing airplane provisioning facilities for isolated villages. Upon hearing of the disaster. King Zog. who treatment at Vienna for an inflamed throat, decided to return here post haste to superintend relief activities.

MISSISSIPPI BANKS REOPEN CORINTH, Miss., Jan. 29. (/P)-The Corints State bank, which suspended business 26, was reopened today. The First National bank of Corinth, which also suspended December 26, reopened last Saturday.


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TWO BANKS REOPEN

Corinth, Miss., January The Corinth State Bank. which suspended business December 26, reopened today. First National Bank of Corinth, which also pended December 26, reopened last Saturday.

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