Bank of San Marcial - San Marcial, NM

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: December 8, 1929
Location: San Marcial, New Mexico (33.700, -106.987)

Metadata

Model: gpt-5-mini
Short Digest: 7eb9c085

Response Measures

None

Description

Article (Albuquerque Journal, 1929-12-08) reports a receiver was appointed for the Bank of San Marcial (Judge Owen appointed the bank examiner and First Savings Bank & Trust Co. as receivers). No mention of a prior run; indicates closure/receivership. Date taken from publication. Bank type not stated in article; classified as unknown.

Events (1)

1. December 8, 1929 Receivership

Newspaper Excerpt: SAN MARCIAL BANK RECEIVERS NAMED SANTA FE Dec Bank Examiner Lawrence Tamme and the First Savings Bank & Trust Co., of Albuquerque have been appointed receivers for the Bank of San Marcial by Judge Harry P Owen.
Source: newspapers

Newspaper Articles (1)

1. December 8, 1929 Albuquerque Journal Albuquerque, NM

Article from Albuquerque Journal, December 8, 1929

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Article Text

SAN MARCIAL BANK RECEIVERS NAMED SANTA FE Dec Bank Examiner Lawrence Tamme and the First Savings Bank & Trust Co., of Albuquerque have been ap pointed receivers for the Bank of San Marcial by Judge Harry P Owen The bank's resources are estf mated at after deducting bilities total approximately $93 000. There are other creditors.