Article Text
FLOOD FATAL TO FLOOD DENVER. June 14-The Bank of Pueblo, at Pueblo, has suspended business. The suspension is attriouted to heavy flood losses.
1256. Bank of Pueblo (Pueblo, CO)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- June 13, 1921
- Location
- Pueblo, Colorado (38.254, -104.609)
Metadata
- Model
- gpt-5-mini
- Short Digest
43a94a88aa03cc8f
Response Measures
None
Description
Articles (June–Aug 1921) report the Bank of Pueblo suspended after flood damage (insolvent as of June 13, 1921). A statement was filed with the State Bank Commissioner and legal action followed, indicating failure and permanent closure; no reopening is reported. I infer state charter because the State Bank Commissioner handled the case.
Events (3)
1.
June 13, 1921
Suspension
- Cause
- Local Shock
- Cause Details
- Suspension was caused by heavy flood losses and damage to bank furniture and fixtures; flood rendered the bank insolvent.
- Newspaper Excerpt
- The Bank of Pueblo, at Pueblo, has suspended business. The suspension is attributed to heavy flood losses.
- Source
- newspapers
2.
June 19, 1921
Other
- Newspaper Excerpt
- A report or statement of the assets and liabilities of The Bank of Pueblo, which suspended its business after the flood, was filed with the Pueblo county clerk yesterday by Nelson B. Cook, special deputy State Bank Commissioner. Assets and liabilities, balancing, are given as $324,832, and the item of furniture and fixtures, valued at $3,847.50 is listed as practically destroyed by the flood.
- Source
- newspapers
3.
August 27, 1921
Other
- Newspaper Excerpt
- LEGAL ACTION AFTER FAILURE OF BANK ... suspension of the Bank of Pueblo on account of flood damage. ... it is set up in the complaint that defendant corporation became insolvent on June 13, 1921.
- Source
- newspapers
Newspaper Articles (3)
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Article Text
BANK OF PUEBLO FILES STATEMENT OF FINANCES A. report or statement of the assets and liabilities of The Bank of Pueble. which suspended its business after the flood. was filed with the Pueblo county clerk yesterday by Nelson B. Cook, special deputy State Bank Commissioner. Assets and liabilities. balancing. are given as $324,832. and the item of furniture and fixtures. valued at $3,847.50 is listed as practically destroyed by the_ flood. Assets and liabilities are listed as follows:
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Article Text
LEGAL ACTION AFTER FAILURE OF BANK Another legal action as a result of the suspension of the Bank of Pneblo on account of food damage. was yesterday filed in the county court; it 1.4 entitled Grant McPherson as state bank commissioner vs. Morris H Horwitz It is set up in the complain that defer dant corporation became insolvent on June 13. 1921. Then it is related that on March 4. 1920 defendant executed and delivered to said bank his certain promissory note for the sum of $500, payable six months from date at the interest rate of & per cent. Partial payment is alleged to have been made. but there is yet due on the principal the sum of $350. which with interest and attorney's fees brings the balance due and sued for, to $467.80.