Bank of Strawberry Plains (Strawberry Plains, TN)

Episode Information

Episode UID
87065771597
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
8706577 routing
Routing Number
87-0657
Start Date
January 25, 1933
Location
Strawberry Plains, Tennessee (36.063, -83.686)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
fe18e75ae5a56b2e

Response Measures

None

Events (1)
1. January 25, 1933 Suspension
Cause
Voluntary Liquidation
Cause Details
Directors posted notice they would close and liquidate the bank citing unsettled conditions in the banking industry.
Newspaper Excerpt
Due to unsettled condition in the banking industry directors have decided to close and liquidate.
Source
newspapers

Newspaper Articles (2)
1. January 25, 1933 Morristown Gazette Mail Morristown, TN
Article from Morristown Gazette Mail, January 25, 1933

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Article Text

Strawberry Plains Bank Closes Doors Strawberry Plains, Tenn., Jan. 25. Bank of Strawberry Plains did not open for business today. This notice was posted on the door at 2:00 m. Tuesday: "Due to unsettled condition in the banking industry directors have decided to close and liquidate.' The bank had capital of $10,000, deposits of $7,000, and assets $81,000. "They expect to pay dollar dollar," said Walker, brother-in-law of the

2. January 25, 1933 The Knoxville News-Sentinel Knoxville, TN
Article from The Knoxville News-Sentinel, January 25, 1933

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Article Text

STRAWBERRY PLAINS BANK CLOSES DOORS Expects To Be Able To Pay Every Depositor. Special To The STRAWBERRY PLAINS. Jan. 25. Bank of Strawberry Plains did not open for business today. This notice posted was on the door at 2 p. m. Tuesday: "Due to unsettled conditions in the banking industry directors have decided to close and liquidate." The bank had capital of $10,000, deposits of and assets of $81,000. A. C. Parrott is president. W. E. Parrott, vicepresident, and T. C. Stone, cashier. "They expect to pay depositors dollar for dollar, said R. E. Walker. of the cashier, today.