Nye & Ormsby County Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: April 25, 1930
Location: Manhattan, Nevada (39.164, -119.767)

Metadata

Model: gpt-5-mini
Short Digest: 870bbd42

Response Measures

None

Description

Article (Nevada State Journal, 1930-05-01) describes the bank as defunct/bankrupt, with a receiver (E. Patterson) selling assets. It notes the bank closed its doors some years ago and depositors received large portions of deposits; no run is reported. I infer the bank suspended/closed due to insolvency (bankrupt) and remains closed with receiver handling assets.

Events (2)

1. April 25, 1930 Receivership

Newspaper Excerpt: The receiver's petition ... E. Patterson, receiver of the bankrupt bank. The receiver's petition ... among the assets of the bank ... has been ordered sold for $250 by Judge George Ballard ... according to Patterson.
Source: newspapers

2. * Suspension

Cause: Bank Specific Adverse Info
Cause Details: Bank became insolvent/bankrupt and closed some years earlier; assets liquidated and depositors paid portions.
Newspaper Excerpt: The Nye and Ormsby County Bank closed its doors some years ago. the depositors receiving large portion of their deposits the assets have been liquidated from time to time.
Source: newspapers

Newspaper Articles (1)

1. May 1, 1930 Nevada State Journal Reno, NV

Article from Nevada State Journal, May 1, 1930

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Article Text

Offered for Sale Reduced Rate by Court Special to The Journal. CARSON April $10,000 note signed United States Senator Oddie many ago and given the defunct Nye and Ormsby CounBank has been ordered sold for $250 by Judge George Ballard fore whom ancient CHHC State Nevada against the bank ing. The court's order was made last Friday on application of E. Patterson, receiver of the bankrupt bank. The receiver's petition that for executed by Sinclair and among the assets of the bank which held the Oddie $10,000 note curity the payment of note. payments have ever been made on either note, Sinclair and Skelton are without and the statute of limitations has against each note for approximately years. according to Patterson. The Nye and Ormsby County Bank closed its doors some years ago. the depositors receiving large portion of their deposits the assets have been liquidated from time to time.