gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
9a999f55f7c966d5
Response Measures
None
Description
Bank was placed in receivership by chancery court and liquidated; no run reported.
Events (2)
1.July 21, 1911Receivership
Newspaper Excerpt
Judge W. H. Potter was appointed receiver and assumed charge. The affairs of the institution will be liquidated.
Source
newspapers
2.July 21, 1911Suspension
Cause
Government Action
Cause Details
Chancery court action following bill of complaint by a stockholder led to appointment of a receiver and suspension of the bank.
Newspaper Excerpt
Acting on a bill of complaint filed in chancery by J. D. Harris, a stockholder and depositor, a receiver was appointed today for the Mississippi Bank & Trust Co. and the affairs of the institution will be liquidated.
Source
newspapers
Newspaper Articles (17)
1.July 22, 1911The Pensacola JournalPensacola, FL
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Article Text
RECEIVER FOR A MISS. BANK AFFAIRS OF THE BANK & TRUST CO. OF JACKSON WILL BE LIQUIDATED BY ORDER OF THE COURT. By Associated Press. Jackson, Miss., July 21.-Acting on a bill of complaint filed in chancery by J. D. Harris, a stockholder and depositor, a receiver was appointed today for the Mississippi Bank & Trust Co. and the affairs of the institution will be liquidated. The bank's assets are estimated at $200,000 with deposits of $120,000. Judge W. H. Potter was appointed receiver and assumed charge.
2.July 22, 1911The Birmingham Age-HeraldBirmingham, AL
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Article Text
Receiver Appointed Jackson, Miss., July 21.-Acting on a bill of complaint filed in chancery by J. D. Harris, a stockholder and de, positor, a receiver was appointed today for the Mississippi Bank and Trust company. and the affairs of the institution will be placed in liquidation. Judge W. H. Potter was immediately appointed as receiver, made the required bond and III assumed charge of the institution. The assets of the bank are estimated at $200,000 and the deposits $120,000.
3.August 3, 1911Okolona MessengerOkolona, MS
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Article Text
Owes State $16,009.53. Jackson.-Governor Noel was notified by the state treasurer that the Mississippi Bank and Trust Company, of Jackson, which is in the hands of the receiver, is one of the state depositories, is due the state, according to the treasurer's books, $16,009.53, subject to a credit of an outstanding drait for $3,935.79, which may or may not have been paid. The governor notified the treasurer to make formal demand on the receiver for the full amount due by the bank, and if not paid immediately in notify the guaranty company.
4.August 4, 1911The Aberdeen WeeklyAberdeen, MS
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Article Text
Owes State $16,009.53. Jackson.-Governor Noel was notified by the state treasurer that the Mississippi Bank and Trust Company, of Jackson, which is in the hands of the 1eceiver, is one of the state depositories, is due the state, according to the treasurer's books, $16,009.53, subject to a credit of an outstanding drait for $3,935.79, which may or may not have been paid. The governor notified the treasurer to make formal demand on the receiver for the full amount due by the bank, and if not paid immediately to notify the guaranty company.
5.October 6, 1911The Grenada SentinelGrenada, MS
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Article Text
PAY BANK SHORTAGE. Johnstons Send $50,000 to Mississippi Bank and Trust Company. Jackson.-The receivers of the Mississippi Bank and Trust Company, the affairs of which have been in process of liquidation for several weeks, received from Joel F. Johnston and his son, Joel F. Johnston, Jr., the sum of $50,000, which sum represented the amount due to bank by the Johnstons, who are large property owners in Hinds, Madison and Rankin counties.
6.October 13, 1911Greene County HeraldLeakesville, MS
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Article Text
PAY BANK SHORTAGE. Johnstons Send $50,000 to Mississippi Bank and Trust Company. Jackson.-The receivers of the Mississippi Bank and Trust Company, the affairs of which have been in process of liquidation for several weeks, received from Joel F. Johnston and his son, Joel F. Johnston, Jr., the sum of $50,000, which sum represented the amount due to bank by the Johnstons, who are large property owners in Hinds, Madison and Rankin counties.
7.October 26, 1911The Birmingham Age-HeraldBirmingham, AL
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Article Text
File Schedule on Bank Jackson, Miss., October 25.-(Special.)Judge W. H. Potter and Oscar Newton, Jr., receivers of the defunct Mississippi Bank and Trust company of this city, have filed a schedule of the assets and liabilities of the institution with the chancery clerk. The resources are valued at $262,318.32. The liabilities amount to $272,241.52.
8.November 19, 1911The Birmingham Age-HeraldBirmingham, AL
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Article Text
SENSATIONAL SUIT AGAINST VARDAMAN Asked to Come Into Court and Explain About Funds Jackson, Miss., November 18. - -Alleging that when he retired from office in 1908 several state funds were not fully accounted for, suit was filed in the chancery court of Hinds county late today seeking to have former Governor, now United States Senator, James K. Vardaman, come into court and make explanation. The suit was filed by Attorney General A. S. Hudson. The Mississippi Bank and Trust company, now suspended, as the institution in which Mr. Vardaman kept his personal as well as official deposits, is made co-defendant. The bill alleges that several thousand dollars are unaccounted for; that the former governor made over charges and doubled charges in rendering expense accounts for visits to state institutions and that public moneys and his private bank accounts were mixed. The funds for which an accounting is demanded are the contingent fund, the Spanish-American war fund, the Meridian cyclone relief fund and a deposit of $2,098.45 with the Mississippi Bank and Trust company and $1,740.33 with the Merchants Bank and Trust company covering interest on back date bonds.
9.November 19, 1911The Times DispatchRichmond, VA
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Article Text
EXPLANATION IS SOUGHT Former Governor Vardaman Asked to Give an Accounting. Jackson, Miss, November 18.-AllegIng that when he retired from office in 1908 several thousand dollars in State funds were not fully accounted for, suit was filed in the Chancery Court of Hinds county late to-day seeking to have former Governor. now United States Senator. James K. Vardaman make an explanation. The suit was filed by Attorney-General A S Hudson. The Mississippi Bank and Trust Company, now suspended, as the in stitution in which Mr. Vardaman kept his personal as well as official deposits, is made co-defendant. The bill alleges that the former Governor made overcharges and double charges in rendering expense accounts for visits to State institutions, and that public moneys and his private bank accounts were mixed.
10.November 20, 1911Omaha Daily BeeOmaha, NE
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Article Text
Vardaman Asked to Account for Money PACKSON, Miss., Nov. 19.-Alleging that when he retired from office in 1908 several thousand dollars in state funds were not fully accounted for, Bult was filed in the Hinds county court today. seeking to have former governor, now, Senator James K. Vardaman, make explanation. The suit was filed by Attor. ney General A. S. Hudson The Mississippi Bank and Trust company now suspended, as the institution in which Mr. Vardeman kept his personal as well as offical deposits, is made codefendant. The bill alleges that the former governor made overcharges and double charges in rendering expense accounts for visits to state Institutions and that public money and his private bank accounts were mized.
11.November 21, 1911The Herald and NewsNewberry, SC
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Article Text
SUIT AGAINST VARDAMAN. Explanation Sought of Former Governor Concerning Public Funds. Jackson, Miss., Nov. 18.-Alleging that when he retired from office, in 1908, several thousand dollars in State funds were not fully accounted for, suit was filed in the chancery court of Hinds county late today, seeking to have former governor, now United States Senator James K. Vardaman, make explanation. The suit was filed by Attorney General A. S. Hudson. The Mississippi Bank and Trust Company, now suspended, as the institution in which Mr. Vardaman kept his personal as well as official deposits, is made codefendant. The bill alleges the former governor made overcharges and double charges in rendering expense accounts for visits to State institutions, and that public moneys and his private bank accounts were mixed.
Ugly Charges Against Senator. Jackson, Miss., Nov. 18.-Alleging that when he retired from office in 1908 several thousand dollars in State funds were not fully accounted for, suit was filed in the chancery court of Hinds county late to-day seeking to have former Governor, now United States Senator, James K. Vardaman, make explanation. The suit was filed by Attorney General A. S. Hudson. The Mississippi Bank & Trust Co., now suspended. as the institution in which Mr. Vardaman kept his personal as well as his official deposits, is made co-defendant.
SEN. VARDAMAN SUED Charged With Falsifying His Expense Accounts and not Accounting for Funds Suit Filed by Attorney-General of Mississippi Against Former Governor of That State-Several Thousand Dollars of the State's Money Not Fully Accounted For. The Attorney-General of MississipDI has filed suit against ex-Governor James K. Vardaman, the former spectacular Democratic Governor of Mississippi, charging him with falsifying his expense accounts and with not properly accounting for certain public funds. An Associated Press dispatch sent out from Jackson, Miss., Saturday night says: "Alleging that when he retired from office in 1908 several thousand dollars in State funds were not fully accounted for, suit was filed in the Chancery Court of Hinds County late to-day, seeking to have former Governor, now United States Senator Jas. K. Vardaman make explanation. The suit was filed by Attorney-General A. S. Hudson. The Mississippi Bank and Trust Company, now suspended, as the institution in which Mr. Vardaman kespt his personal as well as official deposits, is made codefendant. The bill alleges that the Former Governor made overcharges and double charges in rendering expense accounts for visits to State institutions and that public moneys and his private bank accounts were mixed."
14.November 30, 1911The Bamberg HeraldBamberg, SC
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Article Text
Shortage Charged Against Vardaman. Jackson, Miss., Nov. 24.-Alleging that when he retired from office in 1908 several thousand dollars in State funds were not fully accounted for, suit was filed in the chancery court of Hinds county seeking to have former governor, now United States senator, James K. Vardaman, make explanation. The suit was filed by Attorney General A. S. Hudson. The Mississippi Bank and Trust company, now suspended, as the institution in which Mr. Vardaman kept his personal as well as official deposits, is made co-defendant. The bill alleges that the former governor made over-charges and double charges in rendering expense accounts for visits to State institutions and that public moneys and his private bank accounts were mixed.
15.October 5, 1912The Hattiesburg NewsHattiesburg, MS
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Article Text
BANK DEPOSITORS RECEIVE DIVIDEND Jackson, Miss., Oct. 5.-Judge W. H. Potter and Oscar Newton, Jr., receivers of the defunct Mississippi Bank & Trust Company, which went to the wall about one year ago, carrying deposits of about $100,000, have disbursed the first dividend to depositors, amounting to thirty-three and onethree per cent. It is expected that another dividend will be paid during the early part of the new year.
16.February 20, 1913The Neshoba DemocratPhiladelphia, MS
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Article Text
Bank Will Pay More of Loss. Jackson.-The receivers of the defunct Mississippi Bank and Trust Company, which failed in this city about fifteen months ago, expect to be able to pay another small dividend to creditors within the next sixty days. The status of the receivership shows, however, that there will be nothing whatever left for stockholders after the depositors have been paid, and the latter class cannot hope to realize the full amount of their deposits.
17.February 21, 1913Greene County HeraldLeakesville, MS
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Article Text
Bank Win Pay More of Loss. Jackson.-The receivers of the defunct Mississippi Bank and Trust Company, which failed in this city about fifteen months ago, expect to be able to pay another small dividend to creditors within the next sixty days. The status of the receivership shows, however, that there will be nothing whatever left for stockholders after the depositors have been paid, and the latter class cannot hope to realize the full amount of their deposits.
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Mississippi Bank & Trust Company · UID 4062026091339
