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.
1436. Bank of Pueblo (Pueblo, CO)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- June 14, 1921
- Location
- Pueblo, Colorado (38.254, -104.609)
Metadata
- Model
- gpt-5-mini
- Short Digest
5fcebf06
Response Measures
None
Description
The Bank of Pueblo suspended business after heavy flood losses (article dated 1921-06-14). Subsequent filings (statement of finances) and legal action by the state bank commissioner indicate insolvency and permanent failure/closure rather than a temporary suspension and reopening. No run is reported.
Events (3)
1.
June 14, 1921
Suspension
- Cause
- Local Shock
- Cause Details
- Heavy flood losses damaged bank assets and fixtures, causing suspension of business.
- Newspaper Excerpt
- FLOOD FATAL TO FLOOD DENVER. June 14-The Bank of Pueblo, at Pueblo, has suspended business. The suspension is attriouted to heavy flood losses.
- Source
- newspapers
2.
June 19, 1921
Other
- Newspaper Excerpt
- 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:
- Source
- newspapers
3.
August 27, 1921
Other
- Newspaper Excerpt
- 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 related that on March 4. 1920 defendant executed and delivered to said bank his certain promissory note ... Partial payment is alleged to have been made, but there is yet due ... $467.80.
- 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:
Click image to open full size in new tab
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.