14402. New Mexico Savings Bank & Trust Company (Albuquerque, NM)

Bank Information

Episode Type
Suspension → Closure
Bank Type
trust company
Start Date
May 26, 1899
Location
Albuquerque, New Mexico (35.084, -106.651)

Metadata

Model
gpt-5-mini
Short Digest
7cf820a3

Response Measures

None

Description

Articles show a receiver (C. E. Newcomer / Deputy Sheriff Newcomer) appointed in May 1899 and subsequent receiver actions (dividend payments, asset sales, litigation) through 1902. No article describes a depositor run prior to suspension or any reopening; the bank remained in receivership and paid dividends, indicating permanent closure with a receiver.

Events (3)

1. May 26, 1899 Suspension
Cause
Government Action
Cause Details
Court-appointed receiver (Deputy Sheriff Newcomer) was named; indicates bank suspended and placed in receivership by authorities.
Newspaper Excerpt
Deputy Sheriff Newcomer, of Albuquerque, has been apnointed receiver of the New Mexico Savings Bank & Trust company at a salary of $150 per month.
Source
newspapers
2. May 5, 1900 Receivership
Newspaper Excerpt
C. E. Newcomer, receiver, will be at the office ... for the purpose of paying a 10 per cent dividend to the depositors of the New Mexico Savings Bank and Trust company.
Source
newspapers
3. November 8, 1902 Receivership
Newspaper Excerpt
Now the undersigned, therefore, by the authority vested in me by the said decree will, on the 8th day of November... offer for sale and sell the premises ... to satisfy said indebtedness by said decree ... Charles E. Newcomer, receiver of the New Mexico Savings Bank and Trust company of Albuquerque.
Source
newspapers

Newspaper Articles (10)

Article from El Paso Daily Herald, May 26, 1899

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Article Text

about seven miles south from Decatur. The consideration was $12,600.-Fort Worth Register. Mrs. Wilkinson was assaulted by a negro in the brush while returning from church at 10 o'clock Sunday night, May 14, in San Antonio, and she identified the negro on the morning of the 23rd. The police caught him Saturday and found his coat and his hat covered with blood spots. The clothing has also been identified by Mrs. Wilkinson.-Austin Tribune. New Mexico. Eddy has changed its name to Carlsbad. Raton has a Rough Riders' bicycle club. Mollie Leonard of Las Cruces has become insane. The court of private land claims will convene in Santa Fe on May 29. Some activity is reported in the Santa Fe real estate market.-Ex. A natatorium is being built at Albuquerque by Ralph Goodwin.-Ex. The weather in Silver City for the advanced season is unusually cool. An effort is being madeto reorganize the militia company at Albuquerque.Ex. The fruit crop at La Luz and Tularosa will be larger this year than any former one.-Las Vegas Optic. By actual count 115 men are dry washing at present in the Hillsboro gold placers.-Sierra Co. Advocate. Las Vegas is determined to give the Rough Riders one of the grandest receptions ever witnessed in the territory. Deputy Sheriff Newcomer, of Albuquerque, has been apnointed receiver of the New Mexico Savings Bank & Trust company at a salary of $150 per month. Depositors have received 80 per cent


Article from Albuquerque Weekly Citizen, February 10, 1900

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Article Text

DISTRICT COURT. Long Last of Cases Filed with the Distriet Clerk. Suit was filed this morning in the distriet court in the case of James F. Denison and John A. Lee vs. Mary I. Fitzgerald et al., for foreclosure of a certain trust deed on the northeast quarter of section 22, town 10, north of range 3 east, New Mexico principal meridian in Bernalillo county. Gregoria A. de Baea vs. Jose de Baca, nit for divorce on ground of abandonment. Sult of W. W. McCiellan vs. Lavelle. to recover the sum of $230 on a promissory note, and upon the plaintiff's affidavit to the effect that the defendant is a nonresident and a writ of attachment was issued. Suit has been instituted by GraceJohnson against her husband, John N. Johnson, for absolate divorce. Mrs. Johnson alleges non-support and desertion in the bill of complaint. Papers have been filed in the district clerk's office in the case of Fred G. Ward vs. George C. Gainsisy & Co., suit in at. tachment. Winifred 8. Lockhart VS. Harry F. Lockhart; suit for divorce on grounds of abandonment. Suits have been entered by Mary Finch, administratrix, against Fred. A. Bletcher, Henry Bletcher and J. W. Carpenter on open accounts. Judgment was confessed in the case of 0. W Strong va. L. A. Dudley in the sum of $138. In the case of the Crown Point Mining Company vs. J. D. Snyder, judgment was entered in the sum of $635. Write of injunction in the case of J. L. Ball vs. J. N. Broyles, enjoining colleetion of certain judgments. In the matter of Cecelia Reitz et al., by their guardian, Joseph J. Fox, an order was entered empowering Thomas M. Hinch, special master, to sell lot 26, in block 32, and lots 12, 13 and 14, in block 47, in the town of Gallup. in the case of The Territory of New Mexico VS. Persons, Real Estate and Property Described in the Delinquent Tax List, an order was entered dismissing the cause as to tcxes assessed against Ignacio Chavez's land grant for the years from 1889 to 1898, amounting to about $25,000, on the ground that the grant during that time was an unconfirmed, imperfect land claim, not selected by the owner and not surveyed by the United States. Kagene Fisk represents the grant people. The case of George C. Brown vs. New Mexico Savings Bank and Trust company, on petition of receiver the indebtedness of Robert 8. Goss and Julia P. Goss was compromised for $100. In the case of the United States vs. Pedro Torres and Manuel Rameriz, charged with contempt at the preliminary hearing, the court bound them over to the first day of the next regular term. These were witnesses subpensed in the case of Red Pipkin, charged with train robbery, and after being brought to the county seat, mysteriously disappeared while the grand jury was in session.


Article from Albuquerque Daily Citizen, May 4, 1900

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Article Text

Dividend Declared. C. E. Newcomer, receiver, will be at the office of P. F. McCanna, room 11, Grant building, on Saturday, May 5, 1900, from 2 to 6 and 7 to 9 p. m., for the purpose of paying a 10 per cent dividend to the depositors of the New Mexico Savings Bank and Trust company. After that date he can be found at the sheriff's office in the court house. Special Saturday Prices at the Albuquer-


Article from Albuquerque Daily Citizen, May 7, 1900

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Article Text

Call for Your Dividend. C, E. Newcomer, receiver, will be at room 11, Grant building, from 2 to 5, from May 7 to May 11, inclusive, for the purpose of paying a 10 per cent dividend to the depositors of the New Mexico Savings Bank and Trust company.


Article from Albuquerque Daily Citizen, May 8, 1900

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Article Text

C. E. Newcomer, receiver, will be at room 11, Grant building, from 2 to 5, from May 7 to May 11, inclusive, for the purpose of paying a 10 per cent dividend to the depositors of the New Mexico Savings Bank and Trust company.


Article from Albuquerque Daily Citizen, May 9, 1900

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Article Text

Call for Your Dividend. C. E. Newcomer, receiver, will be at room 11, Grant building, from 2 to 5, from May 7 to May 11, inclusive, for the purpose of paying a 10 per cent dividend to the depositors of the New Mexico Savings Bank and Trust company.


Article from Albuquerque Weekly Citizen, September 15, 1900

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Article Text

Real Estate Transfers. C. E. Newcomer, receiver of the New Mexico Savings Bank and Trust company to Lyman B. Putney estate, bar. gain and sale deed to lots 24 and 25. block letter B, in Atlantic & Pacific addition; consideration, $600, Mrs. Jessie R. Nichols. warranty deed to William A. Clark to north onehalf of southeast quarter section 14, township 15 north, range 19 west: $1. John A. Riley and wife to Mann Bros., bargain and sale deed to lot 10, block 14, Francisco Armijo y Otero addition: $500. Benceslado Chavez and wife to Lucita Gavinade Chavez. to a piece of land in the town of Atrisco; $1.


Article from Albuquerque Weekly Citizen, December 15, 1900

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Back From California. Col. Ed. Newcomer, regarded as the "luckiest" individual from Missouri or any other state that ever came to central New Mexico and located IP Albujuerque, has returned from his Jaunt long the Pacific coast. The colonel, who is the efficient chief deputy sherff, was not on the coast this time on ifficial business-he was there on pleasare and to have a jolly time, and from ill accounts he entertained himself and numerous friends in royal style. He made delightful tours on the bay, visited Oakland. the suburbs, and the Presidio, and gamboled on the beach at the Golden Gate park with the larges: seal in captivity. Altogether his trip, from a social point of view, was at that he or any other capitalist could wish for, and he returns in good spirits and almost ready to declare another dividend of 10 per cent to the depositors of the New Mexico Savings bank and Trust company, of which h: is the receiver.


Article from Albuquerque Weekly Citizen, June 8, 1901

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. Court House News. In the office of the clerk of the Second judicial district the following new suits have been entered upon the docket: M. E. Becker VS. Jesus Maria Carrasco and Eutinio, promissory note for $89.07. James Archer VS. J. F. Girard, mechanic's lein in sum of $210.90. A. A. Keen, trustee, Daniel B. Robinson and Angus A. Grant vs. J. A. Henry, suit to quiet title. Jennie Arreola V8. S. J. Arreola. divorce. Herbert E. Fox vs. Western Union Telegraph Company, suit for damages, $1,025.50. Shutt Improvement Company. et al, vs. Albuquerque Land and Irrigation Company, suit to foreclose mechanic's lien for $14,844.54. 8. M. Folsom, F. McKee, trustee, and C. E. Newcomer, receiver New Mexico Savings Bank and Trust Company, vs. Wiley M. Weaver and wife, promissory note of $8,000 and interest.


Article from Albuquerque Weekly Citizen, October 18, 1902

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# NOTICE OF SALE num from the date of this decree, with ten per cent additions of the amount found due as attorney fees; that the said defendant, James Sanches, pay the same to the plaintiff, Charles E. Newcomer, receiver of the New Mexico Savings Bank and Trust company within thirty days after the entry of said judgment and decree and that in default of such payment that the said premises or so much thereof as may be sufficitne to raise the amount due by said decree aforesaid, pricipal, interest and atorney fees and the cost of suit in this case, be sold by and under direction of W. E. Dame, who is appointed special master for that purpose, at the front door of the postoffice in the city of Albuquerque in the county of Bernaiillo, at public auction to the highest bidder for cash, first giving four weeks public notice of the time, terms and place of sale and of the property to be soid by advertisment in some newspaper published 1. the city of Albuquerque; and that upon such sale he make, execute and deliver to the purchaser a good and sufficient deed of conveyance for the premises sold; and Whereas, Said James Sanches has failed to pay any part of said sum adjudged to be paid by him to said Charles E. Newcomer, receiver of said New Mexico Savings Bank and Trust company of Albuquerque. Now the undersigned, therefore, by the authority vested in me by the said decree will, on the 8th day of November, at the front door of the postoffice in the city of Albuquerque at the hour of 10 o'clock in the forenoon of said day offer for sale and sell the premises hereinafter described to the highest bidder for cash all the right, title and interest of the said James Sanches therein, for the purpose of satisfying or tending to satisfy said indebtedness by said decree decreed. The premises to be sold are situated in the county of Valencia, territory of New Mexico, and described as follows: The description, and particular boundaries of the property to be sold under this judgment, so far as the same can be ascertained from the complaint and the deeds therein referred to is as follows: All those lots. pieces and parcels of land situated in the County of Valencia and the Territory of New Mexico as follows: The southwest quarter of the northwest quarter of section twenty-one, and the south half of the northeast quarter, and south half of the northwest quarter, and the northwest quarter of the southeast quarter in section twenty in Township six, north of range two, east of New Mexico meridian in New Mexico Territory, containing one hundred and fifty-seven acres and thirty-six hundredths of an acre, also the following land in the Ana de Sandoval y Manzanares Grant, beginning at a point where the section lines between sections twenty and twenty-one in township six, north, range two east, intersects the south boundary line of the Ana de Sandoval and Manzanares Grant, thence running west seventeen hundred and twenty-six and eighty-one hundred (1,726.81) feet along said south boundary of said Ana de Sandoval and Manzanares Grant to the right of way of the New Mexico and Southern Pacific Railway Company; thence north, ten degrees and one minute east along the east side of said right of way, fourteen hundred and nineteen and ten one-hundredths (1,419.10) feet; thence south, eighty-five degrees and two minutes east, eleven hundred and sixty-six feet to a post; thence north, ten degrees and ten minutes east, five hundred and fifty-one feet to a post; thence eighty-four degrees, thirteen minutes east, nine hundred and thirty-six and twenty-five one-hundredths (936.25) feet to a post on the west bank of the Rio Grande; thence south, twenty-three degrees eight minutes east, along the west bank of the Rio Grande, eight hundred and ninety-six (896) feet to a post; thence south, six degrees, thirty-four minutes east, along the west bank of the Kio Grande, nine hundred and twenty-six and seventy one-hundredths (926.70) feet to a post at the intersection of the south boundary line of the Ana de Sandoval y Manzanares Grant; thence west along the south boundary line of said grant, eleven hundred and sixty-eight and twenty one-hundredths (1,168.20) feet to the place of beginning, containing an area of ninety-three and one-half acres, magnetic variation, twelve degrees thirty minutes east on all courses. Another piece of land, beginning at the northwest corner of fractional section nineteen, in township six, north range two east, on the south boundary of the Ana de Sandoval y Manzanares Grant, thence north nine hundred and forty-seven (947) feet to a post; thence south seventy-four de-