Deming bank - Deming, NM

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Start Date: July 14, 1898
Location: Deming, New Mexico (32.269, -107.759)

Metadata

Model: gpt-5-mini
Short Digest: 4adf3ea3

Response Measures

None

Description

Article (Albuquerque Daily Citizen, 1898-07-14) states the Deming bank was 'defunct' and that the receiver E. L. Foster has resigned with affairs in the hands of the Comptroller of the Currency for final settlement. No run or temporary suspension is described; the bank is in receivership/closed.

Events (1)

1. July 14, 1898 Receivership

Newspaper Excerpt: The Independent has information to the effect that E L. Foster is no longer receiver for the defunct Silver City and Deming banks, but that he has resigned, and that the affairs of the two institutions are in the hands of the comptroller of the currency at Washington for final settlement.
Source: newspapers

Newspaper Articles (1)

1. July 14, 1898 Albuquerque Daily Citizen Albuquerque, NM

Article from Albuquerque Daily Citizen, July 14, 1898

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Article Text

SILVER CITY. From the Independent. The cattle shipments from New Mexico since the first of the year show a decrease of about 60,000 head from the figures for the same period in 1897. The Independent has information to the effect that E L. Foster is no longer receiver for the defunct Silver City and Deming banks, but that he has resigned, and that the affairs of the two institutions are in the hands of the comptroller of the currency at Washington for final settlement. The suit of the county against the Atchison, Topeka & Santa Fe company, for the purpose of testing the legality of the judgment levies, will be disposed of in the district court by consent of the parties in time to be taken up to the next term of the supreme court, which convenes on the 25th inst. Mrs. Gurdeon Bradley, whose condition has been 80 serious for the past three months that her life has several times been despaired of, is reported as much better and on a fair road to ultimate recovery. This will be glad news to the lady's many friends. The Independent's Lordsburg correspondent writes: Word reached town Friday that J. D. Weem's store at Separ had been held up again. From an eye wit ness the following particulars were learned: About sundown Friday a lone horseman-apparently a cowboy-riding a good horse belonging to the San Simon Cattle company, rode up to the store and in the usual way proceeded to business. After relieving those present of their money-about $50 in all-he rode away, going in the direction of Silver City, The man was a stranger, and no good description of him could be obtained.