State Savings Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: savings bank
Start Date: December 29, 1916
Location: Taos, New Mexico (36.407, -105.573)

Metadata

Model: gpt-5-mini
Short Digest: 13514093

Response Measures

None

Description

Article (Dec 29, 1916) states the bank is defunct and in receivership with the receiver paying dividends to depositors — indicates a suspension and permanent closure with a receiver. No run is mentioned.

Events (1)

1. December 29, 1916 Receivership

Newspaper Excerpt: B. G. Randall, receiver for the State Savings bank of Taos, paid forth to the depositors of said defunct bank, making in all now paid 79 per cent of the total claims filed.
Source: newspapers

Newspaper Articles (1)

1. December 29, 1916 New Mexico State Record Santa Fe., Santa Fe, NM

Article from New Mexico State Record, December 29, 1916

Click image to open full size in new tab

Article Text

TAOS Taos Bank Dividend "Last week B. G. Randall, receiver for the State Savings bank of Taos, paid forth to the depositors of said defunct bank. making in all now paid 79 per cent of the total claims filed. The balance probably will be paid in full before the receivership is ended."-Taos Valley News.