14565. Goldfield Bank and Trust Company (Goldfield, NV)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
October 16, 1906
Location
Goldfield, Nevada (37.709, -117.236)

Metadata

Model
gpt-5-mini
Short Digest
33201043

Response Measures

None

Description

Bank suspended operations on October 16, 1906 and a receiver was appointed; later (1909) the receiver Isidor/ I. Hirschfeld (Hirschfield) was indicted for embezzlement. No run is described in the articles. OCR variations in the receiver's name (Hirshfeld, Hirschfield, Hirshfield) were reconciled as the same individual.

Events (3)
1. October 16, 1906 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank suspended and a receiver was appointed; later allegations of receiver embezzlement suggest bank-specific insolvency/mismanagement.
Newspaper Excerpt
which suspended operations on October 16, 1906.
Source
newspapers
2. June 1, 1909 Receivership
Newspaper Excerpt
It became known tonight that one of the secret indictments ... called for the arrest of I. Hirshfeld, formerly receiver of the Goldfield Bank and Trust company, which suspended operations on October 16, 1906. ... He is charged with embezzlement and was arrested today in San Francisco ... (Tonopah Daily Bonanza, 1909-06-02).
Source
newspapers
3. June 12, 1909 Other
Newspaper Excerpt
HIRSCHFELD IS RELEASED UNDER HEAVY BONDS ... the bond of $20,000 given by the Aetna Indemnity company, of San Francisco, was approved and accepted. Hirschfeld is charged with converting to his own use, while receiver of the bank named, the sum of $17,528.26. June 15 was set as the day upon which Hirschfeld will enter his plea.
Source
newspapers

Newspaper Articles (4)
1. June 2, 1909 Tonopah Daily Bonanza Tonopah, NV
Article from Tonopah Daily Bonanza, June 2, 1909

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Article Text

RECEIVER OF GOLDFIELD BANK IS INDICTED (Special to the Bonanza.) GOLDFIELD, June 1.-It became known tonight that one of the secret indictments returned by the Esmeralda county grand jury several days ago, called for the arrest of I. Hirshfeld, formerly receiver of the Goldfield Bank and Trust company, wheich suspended operations on October 16, 1906. Hirshfeld, after his appointment, paid one dividend of 20 per cent, and according to the indictment, skipped out, leaving the sum of $17,586 unaccounted for. He is charged with embezzlement and was arrested today in San Francisco by Chief of Police Cook of that city, 1 upon telegraphic instructions from the sheriff's office here. Hirshfeld, after paying the first dividend, made no further report, although he was cited for contempt by the court several times, but each time he was out of the jurisdiction of the court and managed to evade making his appearance. He is now interested in oil lands near Bakersfield. Immediately after his arrest he a started habeas corpus proceedings to secure his release and will have a r hearing in the San Francisco court a Thursday. When the indictment was n returned Judge Somers fixed the t bond at $20,000. Under Sheriff Mike Cahalan leaves n a this morning for Carson to secure the necessary extradition papers and a then will continue on to San Francisco.

2. June 2, 1909 Arizona Republican Phoenix, AZ
Article from Arizona Republican, June 2, 1909

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Article Text

former receiver of the defunct Goldfield Bank and Trust company of Goldfield, Nevada, under arrest late last night at his room in the St. Francis hotel. The telegram stated that Hirschfield was wanted for felony and embezzlement. A deputy sheriff is now enroute from Goldfield to take Hirschfield back.

3. June 2, 1909 The Ogden Standard Ogden, UT
Article from The Ogden Standard, June 2, 1909

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Article Text

SHERIFF ORDERS ARREST OF FORMER BANK RECEIVER. San Francisco, June 1.-Acting on telegraphic request from Sheriff Bradley of Esmeralda county, Nevada, a detective of the police department placed Isidor Hirshfield, former recelver of the defunct Goldfield Bank and Trust company of Goldfield, Nev., under arrest late last night at his room in the St. Francis hotel. The telegram stated that Hirshfield was wanted for felony embezzlement. Hirshfield, who spent the day in

4. June 13, 1909 Tonopah Daily Bonanza Tonopah, NV
Article from Tonopah Daily Bonanza, June 13, 1909

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Article Text

HIRSCHFELD IS RELEASED UNDER HEAVY BONDS GOLDFIELD, June 12.-I. Hirschfeld, the indicted receiver of the Goldfield Bank and Trust company, who was brought into Goldfield late yesterday afternoon by Under Sheriff Mike Cahalan, from San Francisco, was arraigned in court sometime after his arrival yesterday and the bond of $20,000 given by the Aetna Indemnity company, of San Francisco, was approved and accepted. Hirschfeld is charged with converting to his own use, while receiver of the bank named, the sum of $17,528.26. June 15 was set as the day upon which Hirschfeld will enter his plea.