8907. Center Bank (Center, MO)

Bank Information

Episode Type
Suspension โ†’ Closure
Bank Type
state
Start Date
September 10, 1895
Location
Center, Missouri (39.508, -91.529)

Metadata

Model
gpt-5-mini
Short Digest
60cea6ef3295a3ea

Response Measures

None

Description

Multiple contemporaneous newspaper reports (Sept 1895) state the Center Bank at Center, Ralls County, Missouri, was closed by the state bank examiner and a receiver (William Christian) appointed. No article mentions a depositor run; the closure was by examiner/government action. OCR corrected 'Balls county' to 'Ralls County'.

Events (2)

1. September 10, 1895 Receivership
Newspaper Excerpt
William Christian was appointed receiver.
Source
newspapers
2. September 10, 1895 Suspension
Cause
Government Action
Cause Details
Closed by Missouri state bank examiner C. O. Austin; receiver appointed.
Newspaper Excerpt
State Bank Examiner Austin has closed the Center bank at Center, Balls county.
Source
newspapers

Newspaper Articles (3)

Article from Rock Island Argus, September 10, 1895

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Article Text

Missouri Bank Closed. NEW LONDON, Sept. 10.-State Bank Examiner Austin has closed the Center bank at Center, Balls county. William Christian was appointed receiver.


Article from Wood County Reporter, September 12, 1895

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Article Text

TELEGRAPHIC CLICKS. Richard Mansfield, the actor and manager of Garrick theater, is dangerously ill with typhoid fever at New York. The Missouri state bank examiner closed Center Bank, at Center, Ralls County, Mo., Monday. William Christian was appointed receiver. At Pittsburg. Kan., heavy rains have fallen for the last three days. The whole country is flooded and the tracks of all railroads leading into the city have been washed away. The will of Susan W. Talmage, the wife of Rev. T. DeWitt Talmage, was admitted to probate Monday. The estate, valued at $166,000, was left to her husband. The Frank Moseley company, at Montreal, leather merchants and tanners. one of the largest firms of its kind in Canada, is in financial difficulties. Its liabilities are about $300,000, while it is understood that its assets will make a poor showing. The gross earnings of the Iowa Central railroad for the year ending June 30, were $1,583,971, a decrease of $242,021; operating expenses, $1,058,821, a decrease of $139,768; net earnings, $535,150, a decrease of $92,253. Corrigan, McKinney & Co., of Cleveland, have closed a deal with the owners of the Northern Chief Iron company by which, control of the Germania, the Minnewawa, the Windsor and the Pence Mines on the Gogebic ranges are secured.


Article from Iron County Register, September 19, 1895

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Article Text

Center Bank. The bank at Center, Ralls county, was closed by C. O. Austin, state bank examiner. Wm. Christian was appointed receiver.