9792. Union Bank & Trust Company (Meridian, MS)

Bank Information

Episode Type
Suspension → Closure
Bank Type
trust
Start Date
October 1, 1916*
Location
Meridian, Mississippi (32.364, -88.704)

Metadata

Model
gpt-5-mini
Short Digest
158ca7fe916e02a3

Response Measures

None

Description

Newspaper items from Oct–Nov 1916 refer to J. A. McCain and W. C. Moore as receivers for the Union Bank & Trust Company of Meridian and a suit by the receivers against former directors. This indicates the bank had been placed in receivership (permanent closure) prior to the October 30, 1916 court setting. No articles describe a depositor run or reopening.

Events (2)

1. October 1, 1916* Receivership
Newspaper Excerpt
Judge T. B. Carroll ... will sit in the case of J. A. McCan and W. C. Moore, receivers for the Union Bank & Trust Co., against W. Meade, et al, which has been set for October 30th.
Source
newspapers
2. November 1, 1916 Other
Newspaper Excerpt
The case of J. A. McCain and W. C. Moore, receivers of the Union Bank and Trust Company, against W. Meeds et al., involving about $45,000, against former directors of the bank on an alleged bond, was begun in the Circuit Court Monday.
Source
newspapers

Newspaper Articles (3)

Article from The Starkville News, October 20, 1916

Click image to open full size in new tab

Article Text

Judge T. B. Carroll Goes to Meridian Judge T. B. Carroll, of this judicial district. at the request of Judge Heidelberg, of Meridian, will sit in the case of J. A. McCan and W. C. Moore, receivers for the Union Bank & Trust Co., against W. Meade, et al, which has been set for October 30th. Judge Heidelberg represented three of the defendants in a pending chancery suit and recused himself in the case in the circuit court. Attorney S. M. Houston rep. resents the receivers in the suit brought in the circuit court and Brooks, Neville, Stone, Currie and Dunn represent the defendants.


Article from The Hattiesburg News, November 1, 1916

Click image to open full size in new tab

Article Text

JUDGE RECUSES SELF. Meridian, Miss, Nov. 1.-The case of J. A. McCain and W. C. Moore, receivers of the Union Bank and Trust Company, against W. Meeds et al., involving about $45,000, against former directors of the bank on an alleged bond, was begun in the Circuit Court Monday. Judge T.B. Carroll, of Starkville, sitting by request, instead of Judge R. W. Heidelberg, who recused himself because of representing some of the defendants prior to his election as judge.


Article from The Grenada Sentinel, July 25, 1919

Click image to open full size in new tab

Article Text

ROSS A. COLLINS His Record of AchievementsPerformances, not Mere Promises 1. Broke up the Cotten Seed Trust and thereby saved the people of this State millions of dollars annually, besides turning into the Treasury of the State more than $125,000.00. 2. Kept down long-distance telephone rates for five months by suit instituted by him. thereby saving to the people of the State thousands of dollars daily. 3. Kept down monthly telephone rental rates by suit instituted by him, and thereby saved to the people of the State thousands of dollars monthly. 4. Kept the telephone companies from forming a giant telephone and telegraph combination which would have meant greater rates to the public. He also made the said companies pay to the State a penalty of $50,000.00 for such violation of the law. 5. Kept down the price of school books. thereby saving thousands of dollars annually to the parents of the school children of the State. 6. Kept down freight rates and saved the people of the State hundreds of thousands of dollars monthly. 7. Caused the Legislature to establish two rate experts for the benefit of the shipping public and provided for the payment of their salaries from collections made by him. 8. Supported the laboring man in every effort to better his conditions. 9. Kept every passenger train running in Mississippi, and even after rannouncements were made that they would be taken off, and he is the only Attorney General in the United States that did this. 10. Caused the Standard Oil Co. to pay a fine of $60,000.00 for violating the law of the State. 11. Fought for the enactment of the Child Labor Law and other laws in behalf of women and children 12. Fought all efforts of corporations opolize the landa of the State and did more to put farming corporations out of business than all other public officials combined. 13. Sustained against attack the Guaranty of Bank Deposits Law, therebe making depositor's funds safe. 14. Caused to be passed a law prohibiting oil mills from monopolizing the ginning business, and compelling them to dispose of such gius as they owned. other than those located at their plants. He upheld against legal attack the constitutionality of the act. 15. Upheld practically all acts affecting the welfare of the people when attacked in court. 16. Fought and upheld in the courts the law prohibiting manufao turing concerns from working employes more than ten-hours per day. 17. Stopped the railroads from charging passengers a penalty in addition offAre when boarding trains without tickets. 18. Wrote th Meterendum petitions and sens them out at his own expense, citing the public the right to vote on the Fish and Game Lav, and. further, sustained in court the Initiative and Referendur Amendment to the Constitution of the State 19. Has fought profiteering and plundering at the hands of the rich and powerful. crooked interests, and proposed specific legislation to remedy the evil. 20. Prosecuted violators of our State Banking Laws and compellied the payment of hundreds of thousands of dollars to depositors by those responsible for the failure of the banks, as, for in stance, the Union Bank & Trust Company of Meridian and the Bank of Enterprise. 21. Advocated in his reports to each of the last four Legislatures many salutary changes in the statute law of the State, which were enacted. and have proven of vant benifist to the people THE ABOVE CONSTITUTES A RECORD OF PERFORMANCE OT CAMPAIGN PROMISES. HAVE ANY OF THE MEN OP. SING HIM DONE THIS MUCH FOR YOU THEN WHY NOI VE HIM YOUR VOTE AND SUPPORT: He is a unique character in many rs ago. respects. He possesses some distincSince Mr. Copeland's patorate in