First National Bank - Las Vegas, NM

Bank Information

Episode Type: Run Only
Bank Type: national
Bank ID: 2436
Charter Number: 2436
Start Date: July 10, 1891
Location: Las Vegas, New Mexico (35.594, -105.224)

Metadata

Model: gpt-5-mini
Short Digest: 2a6b1694

Response Measures

Public signal of financial health

Description

Newspaper (Los Cerrillos Rustler) reports a groundless/false story that a commissioner was coming to take charge of the First National Bank of Las Vegas; officials and Washington quickly proved the story false. No suspension or closure mentioned.

Events (1)

1. July 10, 1891 Run

Cause: Rumor Or Misinformation
Cause Details: False report that a commissioner was coming to take charge of the bank; described as absurd and groundless and disproved by bank officials and authorities in Washington.
Random Run: Yes
Random Run Snippet: False report commissioner coming to take charge; proved false by officials.
Measures: Prompt measures by bank officials and authorities in Washington to prove the story false and dispel the rumor.
Newspaper Excerpt: An absurd and groundless story to the effect that a commissioner was on his way to take charge of the First National Bank of Las Vegas ... would have created a considerable run and annoyance had not prompt measures been taken by both the bank officials and the authorities at Washington, to prove the falsity and absurdity of the statement.
Source: newspapers

Newspaper Articles (1)

1. July 10, 1891 Los Cerrillos Rustler Cerillos, NM

Article from Los Cerrillos Rustler, July 10, 1891

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Article Text

Masons' Fruit Jara and White Mountain Ice Cream Freezers at CERRILLOS SUPPLY Co's. An absurd and groundless story to the effect that a commissioner was on his way to take charge of the Frst National Bank of Las Vegas, which has always stood at the head of New Mexico banks, by some means found its way into a Kansas City paper last week and would have created a considerable run and anoyance had not prompt measures been taken by both the bank officials and the authorities at Washington, to prove the falsity and absurdity of the statement. How the publication came to be made is a mystery.