Article Text
GALLUP STATE BANK RECEIVER PAYS NEW 5 PER CENT DIVIDEND GALLUP N M. Rouse of the Gallup Thursday announced per of the of about This dividend been paid since and final be
14440. Gallup State Bank (Gallup, NM)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- August 2, 1929
- Location
- Gallup, New Mexico (35.528, -108.743)
Metadata
- Model
- gpt-5-mini
- Short Digest
a51cff9d
Response Measures
None
Description
Article headline states the Gallup State Bank is in receivership and the receiver is paying a new 5% dividend (Aug 2, 1929). No mention of a depositor run; indicates the bank was closed and placed in receivership and is being wound up, so classified as a suspension followed by closure/receivership.
Events (2)
1.
August 2, 1929
Receivership
- Newspaper Excerpt
- GALLUP STATE BANK RECEIVER PAYS NEW 5 PER CENT DIVIDEND
- Source
- newspapers
2.
August 2, 1929
Suspension
- Cause
- Government Action
- Cause Details
- Bank placed in receivership (closed by regulatory/receiver action); receiver administering assets and paying dividends.
- Newspaper Excerpt
- GALLUP STATE BANK RECEIVER PAYS NEW 5 PER CENT DIVIDEND
- Source
- newspapers
Newspaper Articles (1)
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