12859. Carlsbad National Bank (Carlsbad, NM)

Bank Information

Episode Type
Suspension โ†’ Closure
Bank Type
national
Bank ID
12569
Charter Number
12569
Start Date
April 13, 1928
Location
Carlsbad, New Mexico (32.421, -104.229)

Metadata

Model
gpt-5-mini
Short Digest
8809cf2df35b6ee6

Response Measures

None

Description

Articles (Apr 1928) state a receiver was in charge of the failed Carlsbad National; no mention of a run. OCR typos corrected (e.g., 'Carisbad' -> Carlsbad). Receiver change reported Apr 13โ€“17, 1928, indicating failure and receivership (closure).

Events (2)

1. August 7, 1924 Chartered
Source
historical_nic
2. April 13, 1928 Receivership
Newspaper Excerpt
McKinney, for some time receiver of several failed national banks New Mexico including the First National and Carisbad National this city was last week succeeded by Rawlings.
Source
newspapers

Newspaper Articles (2)

Article from Carlsbad Current-Argus, April 13, 1928

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Article Text

McKINNEY GOES TO AMARILLO FIRST NATL H. McKinney, for some time receiver of several failed national banks New Mexico including the First National and Carisbad Na tional this city was last week succeeded by Rawlings. tional bank receiver who for some time has had charge of the affairs the failed First National Las Vegas and Springer National Bank New Mr. Kinney was receiver for five failed national two Carlsbad and the Citizens National Roswell the First National Mountainair and the First National at Fort The new receiver liquidate the affairs of these five banks as well the two he in charge before the change mentioned was made The new ceiver will have offices at both Carlsbad and Las Vegas. The Carlsbad office during Mr. absence will in charge of Miss Frankie Mr McKinney resigned has gone to where will connected First National that city as in an active capacity for Mr. Fuquar, president of that bank.


Article from The Santa Fe New Mexican, April 17, 1928

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Article Text

NEW BANK RECEIVER McKinney, for some time receiver of several defunct banks in New Mex. leo, including the First National and Carlsbad National; of this city, was last week succeeded by A. F. RawlIngs, a national bank receiver who for some time has had charge of the at. fairs of the falled First National at Las Vegas, and Springer National bank, of Springer. Mr. McKinney was receiver for five national banks two at Carlsbad and the Citizens National at Roswell, the First National at Mountainair and the First National at Fort Summer.