Bristow National Bank (Bristow, OK)

Episode Information

Episode UID
1011501487
Episode Type
Suspension → Closure
Bank Type
national
Bank ID
101150 national
Charter Number
10115
Start Date
November 2, 1923
Location
Bristow, Oklahoma (35.831, -96.391)

Metadata

Model
gemini-3-flash-preview (chosen from majority vote of a three-model LLM ensemble)
Short Digest
7f8e840ce5d68ebe

Response Measures

None

Receivership Details

Depositor recovery rate
100.0%
Date receivership started
1924-07-21
Date receivership terminated
1925-12-31
OCC cause of failure
Economic conditions
Share of assets assessed as good
100.0%

Description

Article 1 mentions a purchase by First State Bank in 1923, but Article 2 confirms a receivership in 1928, indicating a later failure.

Events (5)

1. December 12, 1911 Chartered
Source
historical_nic
2. November 2, 1923 Other
Newspaper Excerpt
Bristow—First State bank completes purchase of Bristow National bank.
Source
newspapers
3. July 21, 1924 Receivership
Source
historical_nic
4. May 6, 1928 Receivership
Newspaper Excerpt
BRISTOW BANK RECEIVER NAMED national has been the has appointment will be permanent
Source
newspapers
5. May 6, 1928 Suspension
Cause Details
Bank placed in receivership; specific trigger not mentioned in snippet.
Newspaper Excerpt
BRISTOW BANK RECEIVER NAMED national has been the has appointment will be permanent
Source
newspapers

Newspaper Articles (2)

Article from The Altus Times-Democrat, November 2, 1923

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Article Text

WHAT OUR SISTER CITIES ARE DOING Prosperity is not maintained by Legislation or high taxation, but by Industrial Expansion, Protection of Investments and Encouragement of Individual Enterprise. Ardmore—Approximately 10,000,000 fish have been placed in lakes and streams of southern Oklahoma during past two weeks. Pawhuska—$15,051 contract let for paving in district 18. Newkirk—Campaign launched for construction of new hotel. Hugo—Three acres of winter grains to be planted in Choctaw county this year. Holdenville—Building activities forging ahead, permits totalling $27,000 issued. El Reno—Contract awarded for paving 11 blocks in residential district. Tulsa—Nickle Plate Road is fourth "off line" railroad to open local offices since May 1. Tonkawa—Santa Fe Railroad Company surveying to new town of Three Sands. Oklahoma City—Contracts totalling $480,034.00 awarded for road construction in Washington County. Henryetta—Union men throughout district planning erection of modern hospital. Okemah—Plans being prepared for enlargement of city water system including construction of large artificial lake. Avant—Barnsdale Oil Company laying pipeline to refining plant at Barnsdale. Supply—Northwest Woodward county turkey raisers organizing for sale day to be held for Thanksgiving trade. Bristow—First State bank completes purchase of Bristow National bank. Vinita—New $300,000 water system to be completed about Nov. 1. Stillwater—A. & M. college enrolls 400 more students than last year. Ponca City—Masonic bodies to erect 6 story building at total cost of $310,000. Oklahoma City—State's first flower show will be held here Nov. 16. Ponca City—Oil well producing from three sands attracts oil men. Okmulgee—Construction of another bridge across Deep Fork river to begin soon. Snyder—Southwestern Light & Power Company now operating former municipal plant to extend high lines. Western Electric employees to date have purchased and are paying for more than 140,000 shares of stock, about $18,000,000 worth, in Western Electric Company and American Telephone & Telegraph Company. The United States government had a surplus of $180,484,958 in first quarter of fiscal year ending September 30, the Treasury Department financial statement revealed. Greatly increased receipts totalling $973,024,995, and heavily curtailed expenditures amounting to $791,540,036 accounted for the surplus. Gross public debt was reduced from $22,349,707,365 to $22,125,614,247, a decrease of $224,092,918. Radio loud-speakers are erected on posts along Pennsylvania avenue, Washington, and from them concerts are broadcasted for the benefit of the listening thousands.


Article from Shawnee News-Star, May 6, 1928

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Article Text

TO CALL SPECIAL SESSION Len conference has he will of to rule over for Chicago on May up the would of the tax since BRISTOW BANK RECEIVER NAMED national has been the has appointment will be permanent