14417. American Bank & Trust Company (Clovis, NM)

Bank Information

Episode Type
Suspension → Closure
Bank Type
trust company
Start Date
January 1, 1912*
Location
Clovis, New Mexico (34.405, -103.205)

Metadata

Model
gpt-5-mini
Short Digest
7ba3b803

Response Measures

None

Description

Articles (Nov 1914) state the American Bank & Trust Company at Clovis went out of business over two years ago and a receiver (Charles E. Dennis) is pursuing litigation. Evidence suggests falsified books and improper credits to the president L. C. West. No contemporaneous run is reported; bank was closed and placed in receivership.

Events (2)

1. January 1, 1912* Receivership
Newspaper Excerpt
Charles E. Dennis, receiver for the American Bank and Trust company at Clovis, which went out of business over two years ago
Source
newspapers
2. November 1, 1914 Other
Newspaper Excerpt
The Oklahoma court ruled against Dennis recovering the $8,900 for which he sued. The evidence ... seemed to indicate that the books of the American Bank and Trust company had been falsified ... L. C. West, who was president of both banks, was credited with $5,000.
Source
newspapers

Newspaper Articles (2)

Article from Albuquerque Morning Journal, November 2, 1914

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Article Text

# Earnest Back From Oklahoma. Santa Fe, Nov. 1.-Traveling Auditor Howell Earnest has returned from Lawton, Okla., where he attended court and testified in the case of Charles E. Dennis, receiver for the American Bank and Trust company at Clovis, which went out of business over two years ago, against the Mountain View Bank of Lawton. The Oklahoma court ruled against Dennis recovering the $8,900 for which he sued. The evidence at Lawton seemed to indicate that the books of the American Bank and Trust company had been falsified to the extent of an entry which charged the Mountain View bank with $5,000, although the latter never received the amount, although the same day, L. C. West, who was president of both banks, was credited with $5,000.


Article from Las Vegas Optic, November 2, 1914

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Article Text

RECEIVER IS LOSER Santa Fe, Nov. 2.-Traveling Auditor Howell Earnest has returned from Lawton, Okla., where he attended court and testified in the case of Charles E. Dennis, receiver for the American Bank and Trust company at Clovis, which went out of business ever two years ago, against the Mountain View Bank of Lawton. The Oklahoma court ruled against Dennis recovering the $8,900 for which he sued. The evidence at Lawton seemed to indicate that the books of the American Bank and Trust comany had been falsified to the extent of an entry which charged the Mountain View bank with $5,000, although the latter never received the amount, although the same day, L. C. West, who was president of both banks, was credited with $5,000.