Citizens Bank (Columbia, KY)

Episode Information

Episode UID
73031171341
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
7303117 routing
Routing Number
73-0311
Start Date
September 22, 1911
Location
Columbia, Kentucky (37.103, -85.306)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
59e84ffa43aff76e

Response Measures

None

Events (4)
1. September 22, 1911 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank examiner reported affairs in bad condition leading to suspension and examiner in charge.
Newspaper Excerpt
The Citizens Bank ... suspended business and closed its doors last Friday.
Source
newspapers
2. October 3, 1911 Other
Newspaper Excerpt
The Bank will be opened Tuesday, Oct 3, 1911, for the purpose of winding up and settling the business of said institution; L. C. Winfrey, Receiver Citizens Bank, Columbia, Ky.
Source
newspapers
3. June 5, 1912 Other
Newspaper Excerpt
Complete Settlement. Mr. L. C. Winfrey, who is the receiver of the late Citizens Bank ... has made a complete settlement with all the depositors, paying them dollar for dollar.
Source
newspapers
4. April 22, 1914 Other
Newspaper Excerpt
RECEIVER'S NOTICE ... I will, as Receiver of said Bank, at the Court-house door, in Columbia, Adair county, Ky., on Monday, the 4th day of May ... offer for sale to the highest bidder, for cash in hand, all the unpaid Over-draft accounts on the books of said Bank.
Source
newspapers

Newspaper Articles (9)
1. September 27, 1911 The Adair County News Columbia, KY
Article from The Adair County News, September 27, 1911

Click image to open full size in new tab

Article Text

Citizens Bank Closes Its Doors. I The Citizens Bank which was organized in this place five years ago, suspended business and closed its doors last Friday. The President, Mr. J. H. Young, notified the Secretary of State, and an examiner is in charge this week with the view of ascertaining the exact status, of the Bank's business. When he concludes his work he will make a report and a receiver will be appointed to wind up the affairs of the institution. The examiner refuses to give out a statement of progress of his work, hence it is imposible for outsiders to konw anything about it. It is hoped that the suspension will not seriously hurt depositors, and that in a short time the public will be made acpuainted with the status of its affairs. The Assistant cashier, W. A Coffey, says he feels sure that the depositors will be paid.

2. October 3, 1911 The Stanford Interior Journal Stanford, KY
Article from The Stanford Interior Journal, October 3, 1911

Click image to open full size in new tab

Article Text

A dispatch from Frankfort says The stockholders of the Citizens' Bank of Columbia may have to be assessed 100 per cent in order to pay the depositors of that bank. Secretary of State Bruner received this report from Bank Examiner J. A. Frazyer, and upon receipt of this information Secretary Bruner immediately asked for a receiver for he bank. Frazyer's report is to the ffect that the affairs of the bank are in a bad condition.

3. October 4, 1911 The Adair County News Columbia, KY
Article from The Adair County News, October 4, 1911

Click image to open full size in new tab

Article Text

Important.Notice. All persons, firms and corporations, having done business with the Citizens Bank, Columbin, Ky., and not having had a complete settlement therewith. are requested to bring or send to me their Pass Books, that their accounts may be balanced up and returned together with their olo checks, and if you have overdrawn you will know it, and if you have money to your credit you will know i. The Bank will be opened Tuesday, Oct 3, 1911. for the purpose of winding up and settling the business of said institution, and of all persons owing said note, overdraft or indebted to it in any way will please make ar rangements to meet same as early as you can do so, Oct. 2," 1911. L. C. Winfrey, Receiver Citizens Bank, Columbia, Ky.

4. October 11, 1911 The Adair County News Columbia, KY
Article from The Adair County News, October 11, 1911

Click image to open full size in new tab

Article Text

Important Notice. All persons, firms and corporations, having done business with the Citizens Bank, Columbia, Ky., and not having had a complete settlement therewith, are requested to bring or send to me their Pass Books, that their accounts may be balanced up and returned together with their old checks, and if you have overdrawn you will know it, and if you have money to your credit you will know i. The Bank will be opened Tuesday, Oct. 3, 1911, for the purpose of winding up and settling the business of said institution, and of all persons owing said note, overdraft or indebted to it in any way will please make ar rangements to meet same as early as you can do so, Oct. 2," 1911. L. C. Winfrey, Receiver Citizens Bank, Columbia, Ky.

5. June 5, 1912 The Adair County News Columbia, KY
Article from The Adair County News, June 5, 1912

Click image to open full size in new tab

Article Text

Complete Settlement. Mr. L. C. Winfrey, who is the receiver of the late Citizens Bank, this place, has made a complete settlement with all the depositors, paying them dollar for dollar, and all other indebtedness of the bank. He has yet about $15,000.0r $16,000 in notes and overdrafts in his hands which he will collect and pay over to the stock holders. This certainly speaks well for Mr. Winfrey as a business man, and it is also a credit to the officers of the bank. When an institution fails and every dollar is paid to creditors, it is certainly an evidence of no wrong intention. This full settlement was made in eight months to the day.

6. April 22, 1914 The Adair County News Columbia, KY
Article from The Adair County News, April 22, 1914

Click image to open full size in new tab

Article Text

RECEIVER'S NOTICE. I ADAIR CIRCUIT COURT Commonwealth of Kentucky, Pltf. On Relation of Ben L. Bruner Secretary of State, against Citizens Bank, Columbia, Deft. Kentucky. Notice of Sale of Overdraft Accounts. In obedience to an Order of the Adair Circuit Court, made at its September term. 1912, I will, as Receiver of said Bank, at the Court-house door, in Columbia, Adair county, Ky., on Monday, the 4th day of May, it being County Court, offer for sale to the highest bidder, for cash in hand, all the unpaid Over-draft accounts on the books of said Bank, as follows, to-wit:

7. April 29, 1914 The Adair County News Columbia, KY
Article from The Adair County News, April 29, 1914

Click image to open full size in new tab

Article Text

Notice. I By virtue of Execution No 1981, issued from the office of the Clerk of the Adair Circuit Court on the 18th day of April, 1914,, in suit of L. C. Winfrey Receiver Citizens Bank against W, H. Wilson for the sum of six hundred and four dollars and seventy-nine cents, ($604.79,) with six per cent. interest from the 17th day of September, 1913, and nine dollars and fifteen cents ($9.15) costs and Sheriff's commission, and other costs, I will offer for sale and sell to the highest and best bidder at the Court-house door in Columbia, Ky., on May 16th, 1914, at about one o'clock, p. m., on a credit of six months bearing interest from date with approved security required from the purchaser and a lien is retained on the land sold herein, the following tract or parcel of land levied on as the property of W. H. Wilson subject to a mortgage lien of about $33 92 in favor of W. F. Cartwright, and a public road or street 20 feet wide on the East side of said land. Said land to be sold lies in the Town of Columbia, Ky., and is bounded as follown: On the North by the public road leading to the Mulligan Addition; on the East side by the public road or street 20 feet wide and not included in this sale; on the South by the lands of J. M. Russell; on the West by the lands of W. H. Wilson. Said land containing about 11 acres more or less. Columbia, Ky, April 25th, 1914. S. H Mitchell, Sheriff, 26-3t. Adair County, Ky.

8. May 20, 1914 The Adair County News Columbia, KY
Article from The Adair County News, May 20, 1914

Click image to open full size in new tab

Article Text

Notice. By virtue of Execution No. 1981, issued from the office of the Clerk of the Adair Circuit Court,dated April 18th, 1914, in case of L. C. Winfrey Receiver Citizens Bank against W. H. Wilson for $604.79 with interest from September 17th, 1913, and $9.15 costs and other costs, I will on Monday, June 1st, 1914, at about one o'clock, p. m., at the Court-house door, in Columbia, Ky., offer for sale and sell at public auction to the highest and best bidder on a credit of six months with bond with approved SEcurity bearing interest from date required from the purchaser with lein retained on the land to be sold, a lot of land levied on as the property of W. H. Wilson lying in Town of Columbia, Ky., and situated back of his home, and back of J. M. Russell's yard, and on the road to Mulligan Addition, containing between one and two acres subject to a mortgage lein of $33.92 to W. F. Cartwright to apply on said debt. Columbia, Ky, April 28th, 1914. S. H. Mitchell, Sheriff, 28-3t. Adair County, Ky.

9. May 27, 1914 The Adair County News Columbia, KY
Article from The Adair County News, May 27, 1914

Click image to open full size in new tab

Article Text

Notice. By virtue of Execution No. 1981, issued from the office of the Clerk of the Adair Circuit Court/dated April 18th, 1914, in case of L. C. Winfrey Receiver Citizens Bank against W. H. Wilson for $604.79 with interest from September 17th, 1913, and $9.15 costs and other costs, I will on Monday, June 1st, 1914, at about one o'clock, p. m., at the Court-house door, in Columbia, Ky., offer for sale and sell at public auction to the highest and best bidder on a credit of six months with bond with approved security bearing interest from date required from the purchaser with lein retained on the land to be sold, a lot of land levied on as the property of W. H. Wilson lying in Town of Columbia, Ky., and situated back of his home, and back of J. M. Russell's yard, and on the road to Mulligan Addition, containing between one and two acres subject to a mortgage lein of $33.92 to W. F. Cartwright to apply on said debt. Columbia, Ky, April 28th, 1914. S. H. Mitchell, Sheriff, 28.3t. Adair County, Ky.