Farmers Bank (Callao, MO)

Episode Information

Episode UID
80070071489
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
8007007 routing
Routing Number
80-0700
Start Date
January 15, 1924
Location
Callao, Missouri (39.761, -92.623)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
d4518abcef5b2cc4

Response Measures

None

Description

A cashier disappearance and shortage is reported months before the bank's suspension; liquidation proceedings appear in 1926.

Events (3)

1. January 15, 1924 Other
Newspaper Excerpt
A warrant will be issued for the arrest of C. R. Jones, assistant cashier of the Farmers' Bank of Callao, who disappeared last Wednesday ... Jones' accounts were $1,500 short, but ... believed the missing man's bond would protect the bank against loss.
Source
newspapers
2. August 1, 1924 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank closed by state authorities as one of multiple state bank suspensions; earlier disappearance of assistant cashier with $1,500 shortage indicates bank-specific irregularity.
Newspaper Excerpt
Two more state banks closed their doors in Missouri Friday ... The banks closed Friday were the Farmers Bank of Callao, Macon county, Mo., with total deposits of $104,000
Source
newspapers
3. December 31, 1926 Receivership
Newspaper Excerpt
order authorizing and empowering Waldo Edwards, Deputy Finance Commissioner of the State Missouri, in charge of the assets and business of the Farmers Bank of Callao, Missouri, to sell ... for the purpose of liquidating the affairs of said Bank.
Source
newspapers

Newspaper Articles (6)

Article from The St. Louis Star and Times, January 15, 1924

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Article Text

Father and Son Indicted. KANSAS CITY, MO., Jan. 15.—(By I. N. S.)—Indictments charging irregularities approximating $150,000 in the conduct of the defunct State Bank of Kansas City were announced today against W. L. McDonald and his son, J. L. McDonald, former officials of the bank. The defunct institution was absorbed by the Continental Trust Company in October, 1921. W. L. McDonald was chairman of the board of directors and J. L. McDonald was vice president. The former is said to have moved recently from Tulsa to St. Louis while the son last was heard from in Casper, Wyo. Both are sought on warrants based on the indictments. Callao, Mo., Cashier Gone. CALLAO, MO., Jan. 15.—(By I. N. S.)—A warrant will be issued for the arrest of C. R. Jones, assistant cashier of the Farmers' Bank of Callao, who disappeared last Wednesday, W. T. Colman, president of the bank, announced today. Colman said Jones' accounts were $1,500 short, but that he believed the missing man's bond would protect the bank against loss.


Article from The Washington Times, August 2, 1924

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Article Text

TWO MISSOURI BANKS CLOSE; TOTAL IS NOW 31 JEFFERSON, Mo., Aug. 2.-Two more State banks closed their doors in Missouri today, bringing the total of State bank suspensions since January 1, 1924 to thirty-one. The banks closed today were the Farmers Bank, of Callas, Macon County, Mo., with total deposits of $104,000 and the Hickory County Bank, of Wheatland, with deposits of $500,000.


Article from The Daily Oklahoman, August 2, 1924

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Article Text

Two More Banks In Missouri Are Closed JEFFERSON CITY, Mo., Aug. 1.—Two more state banks closed their doors in Missouri Friday, bringing the total of state bank suspensions since Jan. 1, 1924, to thirty-one. The banks closed Friday were the Farmers Bank of Callao, Macon county, Mo., with total deposits of $104,000, and the Hickory county bank of Wheatland, with deposits of $50,000.


Article from Tulsa World, August 2, 1924

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Article Text

Nellie Revell Says: The papers recently gave much space to the story of a little boy who sacrificed his life for ten cents. This unfortunate youngster was reaching for two nickels just beyond his grasp on the other side of the grating when he fell to his death under the wheels of a subway train. The whole town was stirred with pity for the child. Customers quoted the story with a warning to the little bootblacks of Union Square who shined their shoes. Governesses, playing ball with their little charges in Riverside Drive, cautioned the children about the dangers of the subway, using the little boy's fate as a lesson. Everyone was moved with compassion for this one little boy's martyrdom. Yet each day sees hundreds of people surrendering a precious heritage for things as trifling as the two nickels. This precious heritage is health. Every day people burn themselves out using their utmost energy for the present round of business and pleasure instead of husbanding it jealously for the future. I, myself, am as classic a moral for this story as the fox who dropped the bone he had in his mouth to plunge after the reflected one he saw in the water. I was straining so hard after every bit of life, that I never gave a thought to rest. Consequently I rested flat on my back for four weary years and still spend most of my time resting. Better to rest for a little while than to rest always. Page Irv Cobb, who said in his speech at the Friars' dinner that there are only three regular reporters left and he was one of them and I was the other t—well, I was included. He went on to speak of the difference between reporter and the special writers and journalists and I guess he was right for here is what the Associated Press dispatch carried on a murder mystery in Chicago: "Are these two the forerunners of a new type of scientific killer, who will deal death remorselessly in order to test their reactions in the laboratory of MODERN BEHAVIORISTIC PSYCHOLOGY?" Anyone who could write like that even at night press rates is just bound to be a journalist. Whatever it is he means, I'll bet it's a dirty dig at the murderers. Maybe if that's what they did, they deserve to be convicted, that is if the jury can understand what it's all about. (Copyright, 1924.) Wewoka Valuations Doubled. Special to The World. WEWOKA, Aug. 1.—County Assessor Charley Vance states that the assessed valuation of the town of Wewoka has doubled over any former assessments. Heretofore the highest assessed valuation was around $750,000; at this time the valuation stands far above the million and a half mark. And no hardship has been worked up on any of the new business houses either, their values as listed have been allowed to stand. Gasoline Tax 2 Millions. By the Associated Press State Wire. OKLAHOMA CITY, Aug. 1.—Gasoline tax collections for the 12-month period ended Thursday totaled $2,002,567.41, according to announcement Friday by C. C. Childers, state auditor. Of this sum $1,319,500.85 has been distributed to counties. The state highway construction fund received $634,200. The auditor said $43,350.10 was paid under protest. Two State Banks Close. JEFFERSON CITY, Mo., Aug. 1.—Two more state banks closed their doors in Missouri Friday, bringing the total of state bank suspensions since January 1, 1924, to 31. The banks closed Friday were the Farmers bank of Callao, Macon county, Missouri, with total deposits of $104,000, and the Hickory County bank of Wheatland, with deposits of $50,000. One bus station at the Wembly exposition near London has a capacity of 225,000 people a day.


Article from Henryetta Daily Free-Lance, August 3, 1924

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Article Text

TWO MORE BANKS IN MISSOURI ARE CLOSED JEFFERSON CITY, Mo., Aug. 2.—Two more state banks closed their doors in Missouri Friday, bringing the total of state bank suspensions since January 1, 1924, to thirty-one. The banks closed Friday were the Farmers Bank of Callao, Macon county, Mo., with total deposits of $104,000, and the Hickory county bank at Wheatland, with deposits of $50,000. Read the Free-Lance Want Ads.


Article from The Macon Republican, December 31, 1926

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Article Text

PUBLIC SALE Whereas the Circuit Court, by its order of sale dated December 1926, made its order authorizing and empowering Waldo Edwards, Deputy Finance Commissioner of the State Missouri, in charge of the assets and business of the Farmers Bank of Callao, Missouri, to sell of the remainassets said Bank undisposed the purpose of liquidating the affairs of said Bank. Now, therefore, Waldo Edwards, Deputy Finance Commissioner of the State of Missouri and in charge of the business and affairs of the Farmers Bank of Callao, Missouri, and obedience to the orders of the Circuit Court of Macon County, Missouri, will, on the 3rd day of January, 1927, at m. of that day, at the Banking the Bank at Callao, Mo., fer for sale at Public Auction, the of the Circuit Court, for cash the Notes, Cash Items, Banking House, Real Fixtures, together and all other assets every kind and Bank. nature, being the property of This the 3rd day of 1926.