State Bank & Trust Company - Carson City, NV

Bank Information

Episode Type: Suspension → Closure
Bank Type: trust company
Start Date: January 1, 1907*
Location: Carson City, Nevada (39.164, -119.767)

Metadata

Model: gpt-5-mini
Short Digest: 177dd208

Response Measures

None

Description

Article (Sacramento Bee, 1930-05-07) reports the State Bank & Trust Company of Carson City as defunct and that the receiver filed a final report to close affairs. The corporation failed 1907 (OCR corrected). No contemporaneous run is described; the bank long ago failed and is in receivership. Cause for the original failure is described as alleged misconduct, so classified as bank-specific adverse information. Receiver action recorded in 1930.

Events (2)

1. January 1, 1907* Suspension

Cause: Bank Specific Adverse Info
Cause Details: Article states the corporation failed in 1907 and mentions alleged misconduct in its affairs contributing to ruin of depositors.
Newspaper Excerpt: The corporation failed 1907.
Source: newspapers

2. May 7, 1930 Receivership

Newspaper Excerpt: CARSON CITY (Nev.), May Gilbert C. Ross, of the defunct State Bank & Trust Company since 1928, has filed final report with District Judge G. Ballard, and requested that the affairs of the corporation be definitely closed.
Source: newspapers

Newspaper Articles (1)

1. May 7, 1930 The Sacramento Bee Sacramento, CA

Article from The Sacramento Bee, May 7, 1930

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Article Text

Receiver Seeks To Close Affairs Of Nevada Bank CARSON CITY (Nev.), May Gilbert C. Ross, of the defunct State Bank & Trust Company since 1928, has filed final report with District Judge G. Ballard. and requested that the offairs of the corporation be definiteclosed The corporation failed 1907. It had its main banking business in Carson City, with branch banks in Goldfield, Tonopah, Blair and Hundreds of Nevada people were virtually ruined by the closing of the banks, and alleged misconduct of its affairs figured prominently in business and political circles of the state for many years.