Liberty National Bank (Oklahoma City, OK)

View Charter #11230 on SPMC View balance sheet

Episode Information

Episode UID
1123001595
Episode Type
Suspension → Reopening
Bank Type
national
Bank ID
112300 national
Charter Number
11230
Start Date
November 26, 1932
Location
Oklahoma City, Oklahoma (35.468, -97.516)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
8d47876af999b945

Response Measures

None

Description

Court docket (Nov 1932) lists a receivers' report for Liberty National Bank but the context/impact is unclear; March 1933 articles document the state bank holiday.

Events (3)
1. August 30, 1918 Chartered
Source
historical_nic
2. November 26, 1932 Receivership
Newspaper Excerpt
Liberty National Bank V Davis Receivers report and appl for disch
Source
newspapers
3. March 2, 1933 Suspension
Cause
Government Action
Cause Details
Statewide three-day bank moratorium proclaimed by Governor W. H. Murray during March 1933 banking crisis
Newspaper Excerpt
the three-day holiday called Gov. Murray in Oklahoma for same period ... state wide holiday
Source
newspapers

Newspaper Articles (6)
1. November 26, 1932 The Daily Law Journal-Record Oklahoma City, OK
Article from The Daily Law Journal-Record, November 26, 1932

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Article Text

District Court Motion Docket MOTION DOCKET PAGE 162 To be heard November 28, 1932 73365- Security Bldg & Loan Assn Horner et al Motion to confirm Sheriffs Sale but et al Motion to confirm Sheriff's Sale PAGE 163 Bldg & Loan Assn Smith et Motion to confirm Sheriffs' sale. Smith et al mo to confirm sale Wirt Franklin Petr al Demurrer Wirt Franklin Petr Demurrer Review Cowler Dry Goods Co Motion to Quash. Harris Buckles et al Demurrer 1519-Loewenstein Rollins Mo tion to confirm. Local Bldg Loan Assn Constant Motion to make and certain 76026-Witt Royal Baking Co Demurrer Royal Bank Co De76028-Witt Royal Baking Co De- PAGE 164 Ewing Mid Tex Petr Co Motion to quash Wolf Al Rosenthal Inc Motion for judg on plead ings Bldg & Loan Assn Garcia et al Motion to quash Employers Ins Co Ash Motion for judg on pleadings and Gas Co Motion to quash Phipps City of Okla City Motion to strike Salathiel demurrers Bldg Loan Assn Lo rance Motion to strike por tion of reply Heiple Kessel Motions quash 75337-Griffin Groc Baker et al Demurrer Wewoka Brick Tile Co Henson motion to quash. PAGE 165 Kanster Abraham Lin Ins Co Investors Syndicate Sipe. Motion quash Motion to vacate receiv ership Morris Plan Co Ruth Demurrer The Morris Plan Co Beebe al Motion to dismiss appeal The Morris Plan Co Haley Motion to dismiss appeal Homes Corp Jen sen demurrers and Peoples Finance & Thrift Brogdon Demurrer Jarrell motions Cochran Okla Railway Co Demurrer 166 Koch Haslett Furnace Co attachment and motion to dissolve Fields Supply & Equip Co Tippett & Bond Demurrer Golmon Motion Corp Wilson et al Motion to confirm Housh Motion to strike 62076-Rudkin Shidler Motion to make def Co Mathers et al Mo. Henderson et al Mo. to quash rel Attorney Gen eral Schull Bank Comm et al Appl for order to return bonds (Hooker) Ins Co Hani, Demurrer Ins Co Fisher Motion PAGE 167 Denu Moti to 75681 Prudential Ins Co V Fleenor Motion quash Bldg Loan Assn Hall Motion for default judg Baker Trustee Durham all motions for new trial Henderson Motion for Humpty Dumpty Stoop to strike and motion for ceivers report and appl for disch Liberty National Bank V Davis Receivers report and ap pl for disch et al Okla Railway Co Demurrer Motion to retax Reagan National Retirement Assn Motion to quash PAGE 168 Liberty Na tional Life Ins Co Demurrer Williams Miller motion Okla City Petr Co Demurrer Williams Motion to quash United States Fld & Guar Co Motion American 1st Trust Demurrers Teeter Enterprise Demurrer Okla State Baptist Hospital et al Motion PAGE 169 Williams Motion dismiss appeal Fin Corp Wilson Mo to quash 68903-Ingram Blakney Demurrer Savings & Loan As Wade Motion to quash & Loan AsHudson 74774-Midland Savings Loan Rice Motion to make e Parker motion for judg on pleadings 6390 City of Okla City Demurrer 7636-Hopcus City of Okla City. Demurrer Midland Savings & Loan Co White al motion to confirm sale of R. Univ Webber Mo to confirm sheriffs sale Savings & Loan Co Young Motion to confirm sale PAGE 170 75992-Black Crawford et al Demurrer City of Okla City. Motion Capitol Hill L Assn Wilson Motion Funeral Home R J Walker Inc Demurrer City of Okla City. De murrer Finch Co Poynton et al Motion to quash Metals Corp Capitol Iron Metal Co Plea of want of legal capacity to sue 72006 Keyokla Oil Co Anderson Prichard Oil Corp Demurrer to petition Volunteer State Life Ins Co Heninger et al Motion to make def and certain et al Okla Gas and Elec Motion to vacate order PAGE 171 Okla Tax CommisDemurrer Steward Motion sale Seidlitz Paint & Varn Co Shepard Demurrer and motion for judgment Klein Iron & Foundry Co Williams et al motions quash Dillon et al Clark Demurrer York Life Ins Co Motion quash 75946 City Public Market Demurrer Pettee Green Const Demurrer Harrell Motion to make def PAGE 172 2180-Standard Roofing and Mate Blickenstaff Motion make def Stuart Bulletin Corp. Doss Motor Co Motion to dismiss 74775 Elec Co Pennington Motion to make def Corkle et De76194- Paine Cokely Motion Mortgage Co at Motion to con sale First Mortgage Loan Co Ray at Motion to conMortgage Loan Co Roedy et Motion to confirm tgage Loan Co Townsend Motion to confirm Hudson Demurrer First Mortgage Loan Co Chandler Motion Bloom Curtis et al Motion Mortgage Loan Co Meredith Motion Demurrer Simmons Letterman Olson et al 14955-Local Bldg & Loan Assn Gordan Motion for judg on pleadings Prudential ins Co Weller Prudential Ins Lauhon motions for judgment Tulsa Bldg Loan Assn V Hall Motion for judgment PAGE 174 75681 Prudential Ins Co Fleenor Motion quast 77189-C IT Corp Smith Motion appeal Carey Lombard Young Johnson Motion Mortgage Loan Co McDonald Motion to confirm sale Spencer IT Co De. murrer Iverson Specialty Co Scott Demurrer of Jones Goode Cooper Motion tion

2. March 2, 1933 Las Vegas Daily Optic East Las Vegas, NM
Article from Las Vegas Daily Optic, March 2, 1933

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Article Text

SEVENTEEN STATES CHECK RUNS ON BANK Seven More Join Movement to Restrict Withdrawals of Deposited Moneys THREE AND FOUR DAYS TO BE TEMPORARY HOLIDAYS Situation Easing in Some States as Legislatures Planned Curb Laws Mississippi, Arizona, Nevada and in Oregon today joined the states. which there are limitations placed on the withdrawals of deposits from banks. in which limitations on withdrawals now exist. The proclamation of Gov. Ralph at San Francisco makes mandatory the closing of California banks (or three-day period ending Saturday The three-day holiday called Gov. Murray in Oklahoma for same period also is mandatory. The of Gov. Allen of Louisiana provides for the sation until the end of the week "all public business including Banks and other public enterprises." Mississippi the decree of state banking called only (Continued On Page Two)

3. March 2, 1933 The Altus Times-Democrat Altus, OK
Article from The Altus Times-Democrat, March 2, 1933

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Article Text

On! Carry (Editorial) first started callgeneral bank suspension queer conbank ception the situation. Bank emtaking few days ployes might vacation bank executives are hard getting affairs in working again sounder shape open condition than ever. The whole depositors, regardwhat anyone might tell you about to the bank There nothing unduly excited moratorium not to lead about. We do that think anyone to believe attitude will help matpollyanna On the other hand the perwho takes advantage of the situation spread pessimism and out of town should run confident the whole matter are work without ultimate loss any local depositors. The people of this community are face to face with an emergency due economic circumstances over which they have control The Altus banks perfectly solvent and would have been able to have continued operations. The closing order made by the governor because conditions larger centers the and nancial Banks Oklahoma City, and larger cities the helpless because of the state shortage of cash and exchange the The New throughout York banks, with their usual squirselfishness, have sucked into York 74 cent of keeping it tion's cash and their refusing to use extend credit The result national financial impasse, which going better the Conjust the United States decides of country not being benefit of New York banks The local banks are absolutely conditions that They have acted developed. and to act in the inof all depositors, regardless of terest moratoriums, holidays whatnot. Altus banks should commended their stringent operating poliof the past three years which puts them in excelient posttion to meet this unusual the meantime Altus and Jackmust on The best county carry army fights most valiantly This no time dangerous or talking about spilled weeping milk. The people this must eat, must work, must We know that fundamentally this an honest only our people and integrity institutions but also have our confidence in mutual ability co-operatively the problem difficult emergency Those of face squarely the fresh obstacincident to outside. not local bank troubles and carry on possible initiative and determination quite likely to ride out are storm come through Confidence not cowardice, will Let's carry on regardless!

4. March 2, 1933 The Hobart Democrat-Chief Hobart, OK
Article from The Hobart Democrat-Chief, March 2, 1933

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Article Text

Lone Wolf Open But Just 'Changing'; Others Closed CITY. Mar. Extension of Oklahoma's bank day until Wednesday was recommended today by Bank Commiss sioner J. Barnett as the state government placed legislative and executive protection over the 453 Oklahoma banks and their depositors. The first flurry of excitement over, following Gov. W. H. Murray's three-day bank moratorium proclamation, state officials pared new stabilizing bill. Assurance of safety both banks and depositors was the keynote of the situation in Oklahoma. The unusual spectacle of such great confidennce is local banks that the institutions remained open today in the face of heavy demands occasioned by the state wide holiday was enacted at Idabel, Durant, Enid, Valliant and Alva. Bankers in these communities declared their situations so sound they saw no need of inconveniencing depositors. The redrafted bill authorizing the bank commissioner to banks under a plan of restricwithdrawals was being drawn up. The senate was prepared to suspend all other and send bill through its first stage. Preparing for immediate action, Speaker Tom Anglin called the house into session this morning without waiting for the scheduled m. meeting time. The bank holiday was declared, Murray explained, to give the islature time to enact lieve the proposed bill the bank commissioner sweeping power delay payment of deposits all banks, trust companies, savings banks and segregate deposits from old deposits, with no restriction on the new deposits. The bank virtual dictator over financial stitutions with emergency author needed rules and ity to adopt any daily reports. require SIXTEEN STATES HOLIDAYS TODAY BANK to restrict with. The movement of bank deposits spread drawals rapidly through the south and west last night and today states operated under decrees for bank holidays. CaliforMississippi, Oklahoma, nia, Arizona, Nevada and Oregon ordered brief bank holidays to give time for legislatures to draw withdrawals legislation limiting deposits. Louisiana went farther by orderholiday for all iness. The New Orleans cotton cotton market change, largest was closed. the country, Executives announcing the new holidays for forcing the other states restructions by placing tension of banks which unusual strain on an to continue business sought mally. ONE BANK IN ONLY STAYS OPEN COUNTY The First National bank at Lone Wolf was the only banking tution in Kiowa county which mained open today, and was just "making change," according made by the Demosurvey Banks here, at Mountain Cooperton, Mountain View and Snyder were all closed, was the one at Rocky. OREGON TOO Ore., Mar. Governor Meier today declared three-day legal holiday state Oregon starting continuing through

5. March 5, 1933 The Los Angeles Times Los Angeles, CA
Article from The Los Angeles Times, March 5, 1933

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PRINTING OF SCRIP MONEY BEGUN FOR BANK OPENING Clearinghouse Takes Necessary Steps; Immediate Urged to Keep Business Moving Sometime late tonight Los Angeles printing presses will completed the initial allotment of the new scrip for Los Angeles area when the banks open again for Since noon the work out the scrip has been forward especially to turn out gotiable paper. Adequate armed has been provided and +crews from the various banks are checking the Murray Again While all the machinery has been in motion to place this city Clamps lead currency, the date when the scrip will placed in here OKLAHOMA CITY, March still uncertain. The For the second time, Gov. William the banking holiday Gov. Rolph Murray today clamped military until Thursday, that shutdown the vast Oklahoma bank doors will not swing open unCity oil field pending enactment til that time new by the Legislature control proration of petroleum pro- IMMEDIATE ACTION URGED duction. Inability the to agree on terms The executive order charged the the emergency legislation and Sinclair interests with opening sire to conform with wells, the proration ables setting example which tional measures are initiated other producers followed. responsible for the delay, according Sacramento reports. But CONDITION UNCHANGED reported that the New York FOR SENATOR HOWELL and cities other States are ready issue tomorrow gardless the legal technicalities March differences in banking opinion. The condition Senator Robert There was some here, Nebraska, ill with although lacking official confirmadescribed tion, pressure to induce the Los changed today at Walter Reed HosAngeles banks to begin the pital. He was said to be still irrespective absence in Sacramento of legal authority practice. paralyzed state trade demands was pointed out, slashing red tape and adoption tactics. After several days nights almost continuous work, the executive committee of the Los Angeles Clearinghouse Association formally authorized yesterday the issuance scrip, after which the printing presses started. framed temporary rules of procedure govern the though this work was complicated multiplicity of internal and technical OBJECTIONS The task of obtaining the proper from the member banks for the presented problem which not expected reach until today. Various legal objections were raised the banks, some the points relating the form guaranty on the the scrip and others to the nature collateral for deposit with the clearinghouse Despite this anticipated the final draft of the contract the banks and the will be signed The plans of the Los Angeles are for supplies of scrip for other Southern California on the pledge of proper Cities with their own expected to issue their currency. Until State and national legislation framed passed, merous with payments contracts and chases other cities and othparts the country will remain unsettled. There have been rulings points from any recognized authorities. The status of deliberations by the Angeles committee was outlined by the (Continued Column

6. March 9, 1933 The Cincinnati Enquirer Cincinnati, OH
Article from The Cincinnati Enquirer, March 9, 1933

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Philadelphia And Los Angeles Go Ahead With Plans For Issuance Of Scrip Friday Philadelphia, March Holding the Treasury Department's plans expansion discurrency tinct from the local situation, Philadelphia banks today went ahead with arrangements for the issuance of script. The Clearing House Association again held sessions, ironing details of its to $51,program worth certificates Friday. Delivery from the printers pected Leading banks opened "guardedemergency checks not exceeding accept deposits and to make change. given must need for funds before any would be out. know, the idea will not Philadelphia, George Norris, ernor Federal Reserve Bank. authorized ment obviate the regulation, and we are going ahead accordingly. plan here is to put the scrip and not means effecting balance banks." Los Angeles, March Plans issuing scrip in Angeles late today by the Executive Committee the Los Angeles Clearing House committee said it was acting instructions received from the Federal Bank of this trict and scrip would be issued by Friday "unless the Secretary the Treasury the instructions unless the President's proclamation of the national holiday extended." Nearly $50,000,000 has been printand ready for use. Oklahoma City, Okla., March financial paraleased today additional issues opening of several banks under Federal holiday strictions enactment of new banking William H. Murray signed the bill late today, placing power to the hands the State Bank the Governor, and carrying heavy for Barnett, Bank Commission- said regulations were prepared reopening Oklahoma banks Friday, unless the national holiday extended. Nashville, Tenn., March city swelled day with flood of new Almost without exception, merchants accepted face value fast long lines or men women turned away from tellers' windows their salary checks converted into the money, merchants started receive The system appeared satisfacbenefitted to the extent least $1,000,000 scrip estimated to be errculation Officials of the Memphis ClearHouse reached decision relative issuing scrip further from Washington. St. Paul, Minn. March in permitted scrip basis under order signed tonight by John Peyton, State Commissioner Peyton granted permission to the checks denominations of $5, $10 and $20. Such cashiers' checks must limited actual hand balance due each correspondent banks. Peyton under powers conferred upon him by one three special measures passed the Legislature Monday. New York, March Herbert Lehman ernor nounced tonight that the Treasury Department prohibited the of scrip the suance Certificate Corporation, set up last night by the Legislature. Without further the Governor handed out the following statement tonight: receipt of the following official the Treasury "Secretary of Treasury hereby certificates the Corporation of State York, organized provide adequately cured temporary medium change. of revocation is exercised regulations issued March by Sec- retary under authority conferred upon him by President's tion March The Governor refused to say in what status left Emergency Corporation, of which Alfred Smith was named Chairman Aside from issuance of scrip, the Emergency Corporation further purpose cooperating in any way during the banking any state or national banking undertaking. this purpose was indicated the Corporation would continue in existence. Wilmington, Del., March the Wilmington Clearing tonight they planned begin the issuance of scrip Friday Saturday. Chicago, March bankers held activities virtually standstill today view abandonment idea by the national administration. Although states and communities planning ahead with issuance scrip on the ground that had not been hibited definitely, bankers here took the position best await further instructions from Washington. Larger banks confined their activities financing food and feed shipments, making change for banking customers members the Federal Reserve System, keeping safe deposit boxes open clearing up transactions. None accepted deposits. The Clearing House Association had spent to scrip printed. prepared issue this on short Woodin, of the Treasury, Most Chicago bankers agreed with Woodin that scrip not present. They said there cash in Chicago meet current needs. Typical came from M. Stevens, the Federal Reserve Bank Chicago. "That's fine," he said, when he learned the statement. solves many of our problems and the brought by many where clearing house exists. Neither the Chicago New York banks wanted although they were preparing issue necessary.