Article Text
RUN ON BANK IS RESPONSIBLE FOR CLOSING TODAY Oct. iouncement of the closing of the State Bank of Sleepy Eye. de posits of $600,000. was made today Veigel commissioner of banks on the bank was given the reason for the closing
9890. State Bank (Sleepy Eye, MN)
Bank Information
- Episode Type
- Run → Suspension → Closure
- Bank Type
- state
- Start Date
- October 19, 1926
- Location
- Sleepy Eye, Minnesota (44.297, -94.724)
Metadata
- Model
- gpt-5-mini
- Short Digest
ea70b467
Response Measures
Full suspension
Other: Closed by state banking commissioner after run; articles consistently report run caused closing.
Description
Multiple contemporaneous articles (Oct 19, 1926) report a run on the State Bank of Sleepy Eye which led the commissioner of banks to announce the bank's closing. No reopening is mentioned; closure was by state banking commissioner, indicating government-ordered suspension and permanent closure/receivership.
Events (2)
1.
October 19, 1926
Run
- Cause Details
- Newspapers state simply that a run on the bank occurred; no specific trigger (rumor, correspondent failure, or adverse bank-specific news) is described.
- Newspaper Excerpt
- A run on the bank was given as the reason for the closing.
- Source
- newspapers
2.
October 19, 1926
Suspension
- Cause
- Government Action
- Cause Details
- Commissioner of banks announced the closing of the bank after the run; closure appears ordered/announced by the state banking commissioner.
- Newspaper Excerpt
- Announcement of the closing of the State Bank of Sleepy Eye ... was made today by A. J. Vogel, commissioner of banks.
- Source
- newspapers
Newspaper Articles (6)
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Article Text
Run on Sleepy Eye Bank Causes Closing St. Paul, Minn., Oct. the closing the State Bank Sleepy Eye, posits of $600,000. made today Viegel, commissioner banks. George Berkner was president the bank and Herzog the bank given the the closing.
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Article Text
MINNESOTA BANK CLOSES St. Paul, Oct. 19-P-Announce ment of the closing of the State Bank of Sleepy Eye, with deposits of $600, 000, was made today by A. J. Vogel, commissioner of banks. A run on the bank was given as the reason for the closing.
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Article Text
Bank at Sleepy Eye Closed A run on the bank today caused the closing of the State Bank of Sleepy Eye, Minn., by A. J. Veigel, commissioner of banks. The bank had a capital of $50,000. surplus of $10,000 and deposits of $600,000. George Berkher is president of the bank and G. A. Herzog, cashier. British General to Visit Fort Major General C. K. Charlton, mill tary attache at the British embassy at Washington, will come to Fort Snelling W ednesday for two-day visit at the fort. He will review the troops and in: spect the post.
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Article Text
MINNESOTA BANK CLOSES St. Paul, Oct. ment of the closing of the State Bank of Sleepy Eye, with deposits of $600,000, was made today by Vogel, commissioner of banks. the bank given as the reason for the closing.
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Article Text
SLEEPY EYE BANK CLOSED. St. Paul, Oct. nouncement the closing of State bank of Sleepy Eye, deposits of was made today Veigel, commissioner of banks. George Berkner was president of the bank, and Herzog, cashier. run bank given the reason for the closing. one the corridors of burns which Scotland been put and the memory men the and has an inscription to that