Farmers & Merchants State Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: May 28, 1926
Location: Hampton, Minnesota (44.610, -93.002)

Metadata

Model: gpt-5-mini
Short Digest: cbc8ea64

Response Measures

None

Description

The brief item (in a 'Five Years Ago' column dated 1931-05-28) reports that the Farmers & Merchants State Bank, Hampton, closed because shortages in the cashier's accounts. That indicates a suspension/closure due to adverse bank-specific information (internal shortages/possible embezzlement). No run is mentioned and no reopening is reported in the clipping. Date estimated as 1926-05-28 (five years before the 1931 article).

Events (1)

1. May 28, 1926 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Closed due to shortages discovered in the cashier's accounts (internal shortages/possible embezzlement).
Newspaper Excerpt: The Farmers and Merchants State bank Hampton closed because shortages in the cashier's accounts.
Source: newspapers

Newspaper Articles (1)

1. May 28, 1931 Post-Bulletin Rochester, MN

Article from Post-Bulletin, May 28, 1931

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Article Text

FIFTEEN YEARS AGO Church services Mayo park Sunday nights, the of the previous year, were not to be continued during the summer of the Ministerial decided. Paul Gilbert, son of Gilbert captain the 1916-17 basketball team for the North Dakota Agricultural college at Brookings. James Hill, known as the pire Builder' and of three railroads, died his home St. Paul. The Rochester baseball 'season opened game against the Nation team which defeated the team. Melone was called to Sundale, Ohio, by the death of his father, William Melone. TEN YEARS AGO Motorcycle fans were come to Rochester for the annual hill climbing contest to be held the Queen City hill northeast of town the following started rushing over the top the hydro-electric power dam north the city, and the first time since the placing of the large planks the dam that the reservoir filled; the Zumbro river reachpoint five feet above normal, because the heavy rains which helped fill the Henry Brant offered $500 ward for information leading to arrest of the murderer of William Conama. One hundred and forty-two students were be from the Junior high school in exercises at the school June FIVE YEARS AGO Four weekly were to be given by the Rochester park band during open June concerts Tuesday nights, Sunday after noons and Mrs. Thomas Kelly, resident of Olmsted county for than century, died her home in the age of The Farmers and Merchants State bank Hampton closed because shortages in the cashier's accounts. Braasch was re-elected chairman of the first district of the Minnesota Alumni association Dr. M. Piper renamed the group. Rochester be host to the annual convention of the SoutheastMinnesota Dental association ONE YEAR AGO Jack Dempsey, had been in Rochester for operation, was leave the city for Angeles two months' rest before going into training for Mrs. Josephine Corliss Preston, former of schools Washington, was be the speaker exercises which high school seniors were to be graduated at the armory. men from Minnesota, North and South Dakota Wisconsin, were registered for Region 10 of the Boy Scouts camp directors school to held at Kamp Kahler week. Bids opened June 17 for work re-routing Zumbro river possible extension Sixth street for 23,000 yards channel exavation.