Denver Savings Bank - Denver, CO

Bank Information

Episode Type: Suspension → Closure
Bank Type: savings bank
Start Date: September 29, 1911
Location: Denver, Colorado (39.739, -104.985)

Metadata

Model: gpt-5-mini
Short Digest: 8f5c402c

Response Measures

None

Description

Article (published 1930) references a former failure of the Denver Savings Bank dated Sept. 29, 1911. It describes a receivership, payment of a small receiver's dividend, and that two officials served prison terms for 'wrecking' the bank, indicating bank-specific malfeasance. No contemporaneous run is mentioned.

Events (2)

1. September 29, 1911 Receivership

Newspaper Excerpt: a receiver's dividend check for the sum of 30 cents ... Up to date the busted bank has paid 80 per cent of deposits over and above the salary of the receiver.
Source: newspapers

2. September 29, 1911 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Alleged 'wrecking' of the bank by officials; two officials served prison terms.
Newspaper Excerpt: An echo of a former Denver bank failure, that of the Denver Savings bank ... the busted bank has paid 80 per cent of deposits over and above the salary of the receiver.
Source: newspapers

Newspaper Articles (1)

1. September 29, 1930 Greeley Daily Tribune Greeley, CO

Article from Greeley Daily Tribune, September 29, 1930

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Article Text

Sept. 29, 1911 A directory of the Greeley public schools, district No. 6, has been is. sued by the board of directors. The school census of the district is given as 2,404. A complete list of the mombers of the board, the officers, committees, date of meeting and the teachers with the number of years service of each, is given. The leaflet contains much interesting information. IL is noted that Miss Carrie Fashbaugh and J. R. Whuteman are the senior teachers in point of service, each having taught here for 21 years. Miss Jessie Fink comes next with 15 years work. More than 500 delegates are expected to be in attendance at the fortteth annual meeting of the Synod of Colorado which will convene in the First Presbyterian church here Oct. 17 and which will be in session for three days. Next to the national body, this is the most important gatherin" for those of the Presbyterian denomination. Tonight students of the State Teachers college will be welcomed by the various young people's societies of the churches In the city. An echo of a former Denver bank failure, that of the Denver Savings bank. for the alleged wrecking of which two officials served terms In the penitentlary, reached Plerce last week in the form of a receiver's dividend check for the sum of 30 cents. Jesse Ogden to "whom check was made payable, pocketed the paper with the remark, "Every [ittle helps." Up to date the "busted" bank has paid 80 per cent of deposits over and above the salary of the receiver. Altho bicycle riding for pleasure has become rather uncommon, two Greeley men still enjoy It, and M. H. Lowe and B. L. Kittle are making a trip from Loveland into Estes Park and back by that means. The men left Tuesday. went to Loveland by train, and will use their bicycles from there into the park and on the return to Loveland. Mrs. C. C. Wright and daughter Helen of Kansas City are guests at the home of Mr. and Mrs. W. S. Hayden. Mr. Wright is expected to arrive tomorrow from Salt Lake City to join his wife and spend Sunday here. To sell a farm just sound your alarm in the Farm for Sale*Ade and get buyer.