12917. Capital City Bank (Santa Fe, NM)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
August 29, 1925
Location
Santa Fe, New Mexico (35.687, -105.938)

Metadata

Model
gpt-5-mini
Short Digest
1606ff6261fb3ddb

Response Measures

None

Description

The items show Capital City Bank in Santa Fe was placed in receivership (First National Bank named receiver) and is described as 'defunct'; a dividend was later paid by the receiver. There is no mention of a depositor run prior to suspension or any reopening—thus this is a suspension with permanent closure/receivership. Dates are taken from the newspaper items (Aug–Dec 1925; dividend order Jan 19, 1926).

Events (3)
1. August 29, 1925 Suspension
Cause
Government Action
Cause Details
First National Bank of Santa Fe acting as receiver for Capital City Bank; bank described as defunct and in receivership in local notices and advertisements.
Newspaper Excerpt
First National Bank, Receiver, Capital City Bank.
Source
newspapers
2. December 5, 1925 Receivership
Newspaper Excerpt
Will the Capital City bank pay another dividend? ... The First National bank is receiver of the Capital City institution and President Arthur Seligman ... any announcement ... will have to come from District Judge Reed Holloman. (Dec 5, 1925 item).
Source
newspapers
3. January 19, 1926 Other
Newspaper Excerpt
Dividend by Capital City Bank Paid. Judge Holloman has signed an order directing the payment ... by the First National bank, as receiver for the Capital City bank ... deposit the amount of $9,594.49 as separate fund ... $2,000 is allowed the First National bank of Santa Fe as receiver's fees ... (Jan 19, 1926).
Source
newspapers

Newspaper Articles (4)
1. August 29, 1925 The Santa Fe New Mexican Santa Fe, NM
Article from The Santa Fe New Mexican, August 29, 1925

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Article Text

SALE OF HOUSEHOLD FURNITURE The household furniture for 6 rooms in the Mardorf house on Don Gaspar avenue will be sold at public sale on Tuesday, September 1, between the hours of 11 in the forenoon and 1 o'clock in the afternoon. An opportunity to purchase at bargain prices rugs, bedsteads, dining room and sitting room and other furniture and furnishings. First National Bank, Receiver, Capital City Bank. Adv-8-31

2. August 31, 1925 The Santa Fe New Mexican Santa Fe, NM
Article from The Santa Fe New Mexican, August 31, 1925

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Article Text

SALE OF HOUSEHOLD FURNITURE The household furniture for 6 rooms in the Mardorf house on Don Gaspar avenue will be sold at public sale on Tuesday, September 1, between the hours of 11 in the forenoon and 1 o'clock in the afternoon. An opportunity to purchase at bargain prices rugs, bedsteads. dining room and sitting room and other furniture and furnishings. First National Bank. Receiver, Capital City Bank. Adv-8-31 CARD OF THANKS Mrs. G. C. Gerhart and Mr. and Mrs. H. B. Gerhart and family wish to thank all the friends for their consideration, sympathy and kindness at the time of the death of the late G. C. Gerhart.

3. December 5, 1925 The Santa Fe New Mexican Santa Fe, NM
Article from The Santa Fe New Mexican, December 5, 1925

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Article Text

"WILL CAPITAL CITY BANK PAY ANOTHER DIVIDEND?" IS QUESTION ASKED Will the Capital City bank pay an other dividend and pay it before Christmas? This was the question asked by several Santa Fe stockhold ers in the defunct bank, who are to anxious to meet Santa Claus. The First National bank is receiver of the Capital City institution and President Arthur Seligman. of the First National, said today that any announcement of a dividend will have to come from District Judge Reed Holloman.

4. January 19, 1926 The Santa Fe New Mexican Santa Fe, NM
Article from The Santa Fe New Mexican, January 19, 1926

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Article Text

Dividend by Capital City Bank Paid Judge Holloman has signed an order directing the payment per cent dividend by the First Nation al bank, as receiver for the Capital City bank and approving certain allowances. The order the ceiver, the First National bank of Santa Fe, to deposit the amount of $9,594.49 as separate fund to protect the receivership against the possible final allowance of the claims of the New England National bank. $2. 000 is allowed the First National bank of Santa Fe as receiver's fees, $200 to Andrews for extra services and $1,000 to E. R. Wright for legal services.