14537. State Bank & Trust Company (Carson City, NV)

Bank Information

Episode Type
Suspension → Closure
Bank Type
trust company
Start Date
September 23, 1916
Location
Carson City, Nevada (39.164, -119.767)

Metadata

Model
gpt-5-mini
Short Digest
e8aa14cd

Response Measures

None

Description

Articles indicate the State Bank & Trust Company was in receivership (Frank L. Wildes, receiver) by late 1916 with court actions and notices of sale of assets. No article describes a depositor run or a reopening; therefore classified as a suspension (closure) with receivership/government action.

Events (3)
1. September 23, 1916 Suspension
Cause
Government Action
Cause Details
Bank placed in receivership; court actions and receiver (Frank L. Wildes) administering assets following failure/suspension.
Newspaper Excerpt
judgment ... on the 23rd day of September, 1916, in favor of said receiver and against Lou Dillon Goldfield Mining company ... Frank L. Wildes, the receiver of The State Bank & Trust company
Source
newspapers
2. November 25, 1916 Receivership
Newspaper Excerpt
FRANK L. WILDES, Receiver ... First pub-Nov. 25, 1916. Last pub-Dec. 30, 1916.
Source
newspapers
3. March 8, 1917 Other
Newspaper Excerpt
bill providing for the re-incorporation of assets of defunct banks. The bill was framed to take care of the anticipated decision in the State Bank & Trust company case, in the event that there are any assets remaining after the costs of the receivership are paid.
Source
newspapers

Newspaper Articles (4)
1. September 25, 1916 Carson City Daily Appeal Carson City, NV
Article from Carson City Daily Appeal, September 25, 1916

Click image to open full size in new tab

Article Text

Matters of Interest In District Court In the District court Saturday, Thomas Fradsham and John Rubke were granted their naturalization papers after having passed the examination conducted by F. N. Littleton, naturalization examiner from San Francisco. Judgment was ordered entered in the case of Frank Wildes as receiver for the State Bank and Trust company versus the Lou Dillon Goldfield Mining company for the amount of $6,020.10 with accrued interest. In the matter of C.E. Mack et al versus the Rhodes Mining company and Argentine Mining company the attachment was released on the property by stipulation of plaintiffs and defendants upon the latter filing a bond of the amount of $3,000. In the estate of Mathew C. Gardner and Helen M. Gardenr. a petition for letters of administration was filed by G. M. Gardner. This morning a restaining order was filed with the clerk in the case of Romolo Quilici et al versus Sornen C. Anderson by plaintiffs' attorneys, Chartz & Chartz, ordering defendants to show cause in the district court Monday. October 2, why an injunction should not be issued commanding defendants to take down all the gates and obstructions they have been said to have placed in the private road or way described in the complaint and also ask a bond of $350 be filed until final disposition of case.

2. December 2, 1916 The Goldfield News and Weekly Tribune Goldfield, NV
Article from The Goldfield News and Weekly Tribune, December 2, 1916

Click image to open full size in new tab

Article Text

NOTICE OF PUBLIC SALE IN THE DISTRICT COURT OF THE First Judicial District of the State of Nevada, in and for the County of Ormsby. State of Nevada, ex rel, John Sparks, et al, plaintiffs, vs. The State Bank & Trust Company, a corporation, et al, defendants. Whereas, Frank L. Wildes, the receiver of The State Bank & Trust company, has entered into an executory contract for the sale of a certain judgment (which with accrued interest, amounts to approximately $12,000.00, made and given by the above entitled District Court on the 23rd day of September, 1916, in favor of said receiver and against Lou Dillon Goldfield Mining company, a corporation, together with costs, accrued interest, and liens arising from said judgment), and 220,560 shares of the capital stock of Lou Dillon Goldfield Mining company in exchange for 220,560 shares of the capital stock of a corporation to be hereafter oranized having an authorized capital of one million shares (or a like proportion of its stock, if organized with a greater number of shares) to which there shall be conveyed the property upon which said judgment is a lien; and the further sum of $6,500.00, $2,000.00 of which sum, shall be paid to said receiver within 45 days from the confirmation of said sale, and the balance within 90 days from said date; and the said order has been confirmed and approved conditionally, now therefore: Notice is hereby given that if on or before the 1st day of January, 1917, there shall be presented and filed in said court, a good and sufficient bid or offer to purchase said judgment and its incidents at an increased price, or upon terms more favorable to said receivership estate than offered by said executory contract, sufficient in amount and extent to warrant the said court in accepting the same, the said bid or offer will be accepted and receiv and a sale of said judgment and TO cidents will be confirme to the person or persons offering said increased or more favorable bid; otherwise a sale will be confirmed and approved in accordance with the terms and conditions of the said executory contract and the order conditionally approving and confirming the same. Dated this 22nd day of November, 1916. FRANK L. WILDES, Receiver, First pub-Nov. 25, 1916. Last pub-Dec. 30, 1916.

3. December 23, 1916 The Goldfield News and Weekly Tribune Goldfield, NV
Article from The Goldfield News and Weekly Tribune, December 23, 1916

Click image to open full size in new tab

Article Text

NOTICE OF PUBLIC SALE IN THE DISTRICT COURT OF THE First Judicial District of the State of Nevada, in and for the County of Ormsby. State of Nevada, ex rel, John Sparks, et al, plaintiffs, vs. The State Bank & Trust Company, a corporation, et al, defendants. Whereas, Frank L. Wildes, the receiver of The State Bank & Trust company, has entered into an executory contract for the sale of a certain judgment (which with accrued interest, amounts to approximately $12,000.00, made and given by the above entitled District Court on the 23rd day of September, 1916, in favor of said receiver and against Lou Dillon Goldfield Mining company, a corporation, together with costs, accrued interest, and liens arising from said judgment), and 220,560 shares of the capital stock of Lou Dillon Goldfield Mining company in exchange for 220,560 shares of the capital stock of a corporation to be hereafter oranized having an authorized capital of one million shares (or a like proportion of its stock, if organized. with a greater number of shares) to which there shall be conveyed the property upon which said judgment is a lien; and the further sum of $6,500.00, $2,000.00 of which sum, shall be paid to said receiver within 45 days from the confirmation of said sale, and the balance within 90 days from said date; and the said order has been confirmed and approved conditionally, now therefore; Notice is hereby given that if on or before the 1st day of January, 1917, there shall be presented and filed in said court, a good and sufficient bid or offer to purchase said judgment and its incidents at an increased price, or upon terms more favorable to said receivership estate than offered by said executory contract, sufficient in amount and extent to warrant the said court in accepting the same, the said bid or offer will be accepted and received and a sale of said judgment and incidents will be confirme to the person or persons offering said increased or more favorable bid; otherwise a sale will be confirmed and approved in accordance with the terms and conditions of the said executory contract and the order conditionally approving and confirming the same. Dated this 22nd day of November, 1916. FRANK L. WILDES, Receiver, First pub-Nov. 25, 1916. Last pub-Dec. 30, 1916.

4. March 8, 1917 Tonopah Daily Bonanza Tonopah, NV
Article from Tonopah Daily Bonanza, March 8, 1917

Click image to open full size in new tab

Article Text

SPECIAL BILL FOR STATE BANK UHUL CASE Special to the Bonanza. CARSON CITY, Mar. 8.-The assembly today passed a bill providing for the re-incorporation of assets of defunct banks. The bill was framed to take care of the anticipated decision in the State Bank & Trust company case, in the event that there are any assets remaining after the costs of the receivership are paid.