Jackson City Bank - Jackson, MI

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: February 16, 1931
Location: Jackson, Michigan (42.246, -84.401)

Metadata

Model: gpt-5-mini
Short Digest: 334e287f

Response Measures

None

Description

Article (Jackson Citizen Patriot, 1931-02-16) indicates the Jackson City Bank was defunct and receiver's agents were present to answer questions and collect obligations. No explicit mention of a prior depositor run; the paper describes the bank as closed and under receivership. Cause of suspension/closure is not specified in the text (OCR fragmentary), so assigned to 'other'. I inferred 'state' bank from the name 'City Bank' (common for state-chartered institutions); if uncertain, bank_type could be 'unknown'.

Events (2)

1. February 16, 1931 Receivership

Newspaper Excerpt: Receiver's Agents Present To Answer Questions And Collect Obligations. ...the Jackson City Bank...receiver deposit boxes...remove their...deposits to be...Circuit on their deposits to be (OCR fragment).
Source: newspapers

2. February 16, 1931 Suspension

Cause Details: Article fragment does not state reason for suspension or insolvency; only reports bank is defunct and receiver's agents present.
Newspaper Excerpt: PUBLIC ADMITTED TO DEFUNCT Receiver's Agents Present To Answer Questions And Collect Obligations. The doors the were the public Monday for the the institution closed.
Source: newspapers

Newspaper Articles (1)

1. February 16, 1931 Jackson Citizen Patriot Jackson, MI

Article from Jackson Citizen Patriot, February 16, 1931

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Article Text

PUBLIC ADMITTED TO DEFUNCT Receiver's Agents Present To Answer Questions And Collect Obligations. The doors the were the public Monday for the the institution closed. the Jackson City Bank the from obligated to the bank. and be from daily receiver deposit boxes in the Farmers' bank remove their No be available by for depositors for the Circuit on their deposits to be