OCR of articles is poor. Articles (Daily Freeman, 1933-12-04) state the Comptroller placed the bank in conservatorship and a shareholders' meeting was called to consider liquidation/appoint a liquidating agent. No articles mention depositor runs or heavy withdrawals; the action appears to be government conservatorship leading to closure/liquidation.
Events (5)
1.April 25, 1865Chartered
Source
historical_nic
2.December 4, 1933Other
Newspaper Excerpt
TO THE SHAREHOLDERS OF THE NATIONAL ... BANK AND TRUST COMPANY ... special [meeting] of the shareholders ... to consider upon proposed resolution placing bank in liquidation ... designating liquidating ... By Order of the Board Directors Dated, 1933-12-04
Source
newspapers
3.December 4, 1933Receivership
Newspaper Excerpt
shareholders' meeting ... proposed resolution placing bank in liquidation ... designating liquidating [agent] ... carrying out the plan of said bank ... liquidation ... National County Bank ... liabilities ... after giving legal provisions
Source
newspapers
4.December 4, 1933Suspension
Cause
Government Action
Cause Details
Placed under conservatorship by the Comptroller of the Currency (government action resulting in suspension of normal operations).
Newspaper Excerpt
IN THE MATTER OF THE CONSERVATORSHIP OF NATIONAL ULSTER COUNTY AND TRUST COMPANY OF KINGSTON... Notice is hereby given that by of the Comptroller ... the Bank and Trust Company ... will be the 4th day of ...
Source
newspapers
5.December 15, 1933Voluntary Liquidation
Source
historical_nic
Newspaper Articles (2)
1.December 4, 1933The Daily FreemanKingston, NY
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Article Text
TO THE SHAREHOLDERS OF THE NATIONAL COUNTY BANK AND TRUST COMPANY OF You are hereby notified that special of the shareholders of the said National Ulster County Bank and Trust Company of Kingston will be held is Banking Rooms. corner John and Wall consider upon proposed resolu tion placing bank liquidation. for that purpose designating liquidating and the tion such other and further business " may properly come before such meeting By Order of the Board Directors Dated,
2.December 4, 1933The Daily FreemanKingston, NY
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Article Text
IN THE MATTER OF THE CONSERVA TORSHIP OF NATIONAL ULSTMR COUNTY AND TRUST COMPANY OF KINGSTON, TO ALL WHOM MAY CONCERN: Notice is hereby given that by of the Comptroller the Currency the Bank and Trust Company of State of New will be the 4th day of at and that day at said time and the the said bank will returned its Beard of Directors for the purpose carrying out the plan of said bank Including the of of its date to National County Bank and the said liabilities County Bank Company New outstanding after giving legal provisions Section Bank Conservation of March The National County Bank also by said Act Congress all $ the National County Bank and given that after the Act of March with the and deposits during after said 4th by The National Bank New which have withdrawn during be carried the The National by WILLIS G. NASH
STATE OF NEW YORK COUNTY COUNTY OF JAMES B. SMITH and To the above named defendants: You are hereby summoved to the complaint this action and serve If plaint with this notice of appearance on the Attorney twenty days after the service this summers. exclusive day case of your failure appear or will against you by default for the relief the Dated this
JAMES B. SMITH: served upon by FREDERICK County November and filed with Complaint the the County at This brought to of James Smith wife recorded in Liber of 254 and property described ALL that of land situate the County of of being and described line the side from to the the part to the of of Martin the place of Frederick by dated March