9209. Bank of Marshall (Marshall, MO)

Bank Information

Episode Type
Suspension โ†’ Closure
Bank Type
state
Start Date
February 15, 1930
Location
Marshall, Missouri (39.123, -93.197)

Metadata

Model
gpt-5-mini
Short Digest
f8f759ec1ae9ff6e

Response Measures

None

Description

Articles report the Bank of Marshall (Marshall, Saline County, MO) was closed by its board in mid-February 1930 and placed in the hands of the State Commission of Finance; subsequently the bank is described as in liquidation (1931). The reporting explicitly says there was no run on the bank. Closure appears to be permanent with liquidation/receiver involvement.

Events (3)

1. February 15, 1930 Suspension
Cause
Government Action
Cause Details
Board of directors closed the bank because the bank could not collect some of its notes to meet obligations; bank ordered closed and placed in hands of the State Commission of Finance.
Newspaper Excerpt
The Bank of Marshall, Marshall, Saline County, Mo., was closed Saturday morning by its board directors, and the State Department of Finance notified.
Source
newspapers
2. February 16, 1930 Receivership
Newspaper Excerpt
bank ordered closed by its board directors and placed in the hands of the State Commission of Finance... expected that representative of the finance department go to Marshall once and make list of the assets of the bank and that liquidating agent soon appointed.
Source
newspapers
3. May 26, 1931 Other
Newspaper Excerpt
Bank of Marshall, corporation in liquidation, vs. June K. King and June K. King Jr., notes.
Source
newspapers

Newspaper Articles (4)

Article from The Sedalia Democrat, February 16, 1930

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Article Text

OF MARSHALL Statement Issued to Effect Nearly All Notes Can Be Collected The Bank of Marshall, Marshall, Saline County, Mo., was closed Saturday morning by its board directors, and the State Department of Finance notified. The bank opened usual for but after meeting of the board directors, the doors closed 10 o'clock. While the action of the board came shock to the citizens of Marshall, and the depositors, the greater number whom were working people, there considerable vousness among them, but no onstration. There had been no the bank. At noon attorneys for the bank the following statement: board of directors decided close the bank because the ability the bank to collect some its notes meet its obligations. further stated that nearly all of the bank's notes can collected, but will take The following notice appeared the bank door: ordered closed by its board directors and placed the hands of the State Commissionof Finance. expected that representative of the finance department go to Marshall once and make list of the assets of the bank and that liquidating agent soon appointed. This agent the bank's attorneys stated, will convert the assets the bank soon as possible, pay the depositors first and use the mainder of the cash to pay the of the bank. The bank organized vember, 1892, with Alexander president and George H. Althouse, cashier. On the death of Mr. Denny 1912, Mr. Althouse James cashier. The capital stock the bank $50,000, the surplus and the total $191,000.


Article from Sedalia Weekly Democrat, February 21, 1930

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Article Text

Statement Issued to fect All Notes Nearly Be Collected The Bank of Marshall, Saline County, closed Saturday morning by its board directors, the State Department Finance notified. The opened as usual for after meeting of the board of directors, doors closed at o'clock. While action of board shock citizens of Marshall, the depositors, the greater number whom were working people, there considerable nervousness them, but no onstration. There had been no run the bank. noon attorneys for the bank the following statement: board directors decided close the bank because of the the bank collect some its notes meet its obligations. further stated that nearly the bank's notes collected, will take notice appeared bank door bank ordered closed its by board and placed hands the State CommissionFinance. that representthe of finance department Marshall at once list assets of and that liquidating agent the appointed. This agent bank's attorneys stated, convert the assets the bank possible, pay the depositors first use the mainder cash some to pay the of bank. The bank organized in November, 1892, with Alexander president and George the Althouse, cashier On the death of Denny in 1912, Mr. Althouse and James Walkcashier. The capital stock of the bank club resources surplus and the total


Article from The Slater News, May 26, 1931

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Article Text

Disposition of Cases In The Circuit Court Number of Cases Heard and Tried During The Past Week of The Court. Bank of Marshall, corporation in liquidation, vs. June K. King and June K. King Jr., notes. Agreement reached that Homer E. Rich an attorney, be selected to try the cause. Leon Johnson, minor, by her next friend, Frances Bridges, John Johnson, garnishment. Cause settled and dismissed by plaintiff. L. Mullins Susan F. George Jett etal, partation. Sale approved and sheriff ordered to make deeds to purchasers. Tom M. Fowler vs. Emaline Fowler, Polly Ann Shackleford, Luvicia Raines, Edward Fowler etal. Partition. Sale approved and confirmed. W. P. Thomas VS. John M. Lewis etal, quit title. Judgement and decree for plaintiff. In the matter of the voluntary dissolution of Wholesale Grocer Co. Trustees file settlement and vouchers. Creditors granted 15 days for examining settlement and filing exceptions, George R. Auld M. M. Hawkins, indemnity. Judgment for plaintiff for $427.40. Jerry Nichols, Harry Nichols and Nichols VS. Minnie Lee Nichols etal, partation. Sale approved and confirmed. Fitzhugh L. Cornett etal vs. Geo. A. Davis etal, quiet title. Decree for plaintiff as asked. Wm. Weisenburger vs. Walter Dobenstab, replavin, cause dismissed at cost of plaintiff. C. Boyd Davis VS. Nina S. Davis, divorce, judgment and decree for defendant answer and cross bill and restoration of maiden name. itionfdta etaoin shrdlu ETAONI ESH Virginia Banks John Banks, divorce, judgment and decree for plaintiff custody of infant child. Emma Browder vs. Harry Browder, divorce, decree for plaintiff and custody of infant child. Lula Spiker Leroy C. Spiker, divorce, judgment for plaintiff. Lena D. Fulkerson XS. Reuben Fulkerson, divorce, judgment and decree for plaintiff. Jewel Stoner, minor, Earl Stonner, divorce, judgment and decree for plaintiff and restoration of maid en name. Alice Powers, minor, vs. Tennie Powers, divorce, final judgment and decree for plaintiff, custody of in fant and alimony. Etta Grother Ira E. Henley and Ira D. Henley, note, cause settled dismissed. Bank of Grand Pass vs. J. Platner and Plattner, note, terloctutory decree for plaintiff Wm. Bynum vs. Frances Bynum, partition, decree and order of sale. Wm. Harland VS. John Crim, damages cause dismissed.


Article from Sweet Springs Herald, November 20, 1931

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Article Text

County And Other Interesting From The House County Court Minutes Saline County Court, November 10, 1931. New member admitted to County Home. dollars allowed for care of needy family county It ordered by the Court that warrant drawn on Bridge Culvert Fund to amount fifty dollars favor Mrs. Georgia Beaty Blackburn, Missouri, straightening the Northwest Quarter Section Township Range by the Court ordered that drawn enue favor following judges salary for October ember and $35 ach for Robrt Hyatt, Parks, and Davis, and mileage amount favor Parks. Bill filed under protest awaiting Minutes Saline County Court, November Relief granted the following and $2.00. It by the court ordered that warrant drawn Bridge Culvert Fund for in favor of Barnhill for lumber. Requisition provision for County Home by the Court Allow- The Court after examining the account Stivers for making supplemental income lists amount of all state, the Court Dr. Howard for permit prescriptions for alcohol wine by the Court considered allowed Dr. Madison permit to issue alcohol and wine by the Court and Pauper family put on regular list quarter. Warrant drawn for for temporary relief. Pauper put $15 quarter, $10 allowed for immediate relief. Circuit Court The Circuit Court, sitting in session, has disposed the following Mary Blayney American Savings Life Insurance Recision of contract. Upon plaintiff's motion cause is dismiss- Sarah Blayney American Savings Life Insurance corp. Recision contract. plaintiff's motion cause dismiss- Bank of Marshall, liquidation June King June King, Cause set for trial November Gilliam Bank, and Bank Slater, Hargrove Powell, Bessie George Powell, Maurene Summers, Louis M. Williams, Emma Irwin, Irean Oliver, Jenkins, Trustee, Henry Powell, and Powell. agreement continued January Mary Shackelford Sullivan. Equity. By agreement cause dismissed cost defend- Mary Treece Emma Elsner. Equity set aside deed. Cause taken and heard, and by the held under Louis Rasse, the estate Ella McGinnis, deceased The Prudential Company America, corp. policy. Mandate Kansas City Court Appeals affirming judgment of this Court Austin Jones Charles James, Charles James Robert James, al. Quiet title. Defendant files motion to set aside decree quieting title and Motion heard and Decree quieting title aside order publication renewed Court. Emma Schroeder Herman Schroeder. Attachment Judgment for plaintiff for $1,581 against attached. Clay Roberts. Damages. Case went to jury Trolla Belle Bright VS Samuel Herbert Bright. Diyorce. for plaintiff for divorce and for restoration maiden name Trolla Belle Adkins. Nannie Newkirk Roy Newkirk. Divorce. Decree plaintiff divorce and for alimony torney's Bertha Celestine Harvey Henry Harvey, Divorce. Decree plaintiff divorce and restoration maiden name Bertha Celestine Deis. Chariton County, Missouri, and Randolph, Ollie Hedrick, Maude Hedrick, and Claude Quiet title and Judgment for on the pleadOrdered that against plaintiff M. Randolph. Juanita Ross Harry Montgomery. Cause plaintiff and cost defendant per stipulation filed September re-trust estate John Hamdeceased. Transcript from bate Court for approval of tract. ordered State of Arch gomery. Grand larceny motor vehicle. Cause for trial the third Monday 1932. Recorder's Office Marriage licenses issued during the past Rudolph Jordan of Chula, and Coral Goff Wheeling. Kenneth Wenzel of Marshall and Valeta Brummell Slater. Burriss of Tipton and Mary Bell Bishop Bunceton. George Berrier Carrollton and Daisy Blair of Richmond. Edward of Marshall and Henrietta Northern of Alma. Home Demonstration Agent Miss Mabel McMahon, home demonstration agent, has had two Xmas meetings, Chappell and one the Reynolds Club. The time from now until Xmas will given over mostly to these meetings. County Office Miss Meierhoffer, state of music will be in the County Court Friday of this week o'clock meet with rural teachers county and help them with their music for the year. PRIDE The and welfare any munity depends upon its citizens, few but every Unless matter what his work everyone, what wealth, stands by his community will suffer more may learn good lesson from neighboring town Concordia. They are holding mass meeting week for every citizen to get behind the its houses, schools, churches and much more that than to wait did the Slater people the was badly crippled. After too late citizens of Slater, the county press wrote glowingly the town, showing that the railroad shops were not moved and that the shirt factory would continue to But alas, long tongued howlers had already done too much damage Slater repairing inflicted damage. In Sedalia all clubs town had mass meetings to stop damage some citizens doing to the community. But Kiwanis, Rotary, Women's clubs commercial clubs having hard time repairing wreckage left by some of Sedalia's unfaithful citizens. lesson for other communities like Sweet Springs. In the last months how many people have spoken support business factory, its schools, its churches, its city ernment. Instead there rumor venders bringing unfounded stories city upholding thing here. Such people are not good lot any munity. not face about on the good side things. support every for the good of Sweet Springs our word and deed. If there hoarders, why not cease hoard. there be those who speak not speak well and get behind the part and unbiased support. Let conduct business here. Times improving. Good business men the nation, over the worst. time to support Sweet Springs. have retreated quickly the reconstruction ranks and will all forward. Our nation the best on town the best in the state. Let support our nation, our state, and town with trust and good citizens. traitor and the first the ship faithful stay board and take the ship troubled Every good himself day these strenuous times: doing for comunity speak well buy hoarding? Do support its schools, churches and its gov. ernment A Citizen