Central National Bank - Boonville, MO

Episode Information

Episode UID: 158401402
Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 15840 national
Charter Number: 1584
Start Date: October 28, 1916
Location: Boonville, Missouri (38.974, -92.743)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: cd2465c203fbe5b8

Response Measures

None

Description

Article is a 1932 retrospective describing the 1916 forced closing and liquidation.

Events (5)

1. October 11, 1865 Chartered

Source: historical_nic

2. October 28, 1916 Receivership

Newspaper Excerpt: On October 28, 1916, it was forced to close its doors by the comptroller of currency and went into liquidation.
Source: newspapers

3. October 28, 1916 Suspension

Cause: Government Action
Cause Details: Forced to close by the Comptroller of the Currency and placed into liquidation.
Newspaper Excerpt: On October 28, 1916, it was forced to close its doors by the comptroller of currency and went into liquidation.
Source: newspapers

4. December 19, 1916 Voluntary Liquidation

Source: historical_nic

5. * Other

Newspaper Excerpt: There was no run on the bank, and every depositor eventually received his money.
Source: newspapers

Newspaper Articles (1)

1. June 16, 1932 The Boonville Daily News Boonville, MO

Article Text

ESTABLISHED ON OCTOBER 16, 1916 Succeeded Old Central National Founded In 1865 by J. L. Stephens. The Boonville National Bank was established October 30, 1916, as a successor to the Central National Bank, which had been founded in 1865. This old bank was under the supervision of the late Joseph L. Stephens, pioneer banker, until his death in 1881. It was during his lifetime that the institution became famous in Missouri as a strong and progressive bank. Col. Stephens was a friend of the late Jay Gould, who so admired the Missouri banker and the reviewer for an early railroad that he presented him with the famous iron dogs that still stand in front of the present bank. Following Col. Stephens' death his sons took over the operation of the bank. On October 28, 1916, it was forced to close its doors by the comptroller of currency and went into liquidation. There was no run on the bank, and every depositor eventually received his money. The Boonville National was opened two days after the closing of the Central National and continued its operation until June 16—today. Its first officers were E. E. Amick, president; W. A. Sombart, vice-president; W. W. G. Helm, chairman of the board; B. M. Lester, cashier; R. L. Moore, Jr., assistant cashier. The first board of directors was composed of W. G. Helm, J. E. Thro, N. Nelson Leonard, Roy D. Williams, H. T. Zuzak, A. W. Nelson, E. E. Amick, G. W. Jewett, and W. A. Sombart. The bank has had three presidents: E.E. Amick, B.M. Lester, and Dr. A. W. Nelson.