State Bank and Trust Company

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: February 22, 1910
Location: Reno, Nevada (39.530, -119.814)

Metadata

Model: gpt-5-mini
Short Digest: b0acf93c

Response Measures

None

Description

Article (Goldfield News, Feb 26, 1910) reports Frank R. Wildes acting as receiver for the State Bank and Trust Company and refers to the erstwhile bank and creditors. No run is mentioned; bank is in receivership/closed. I infer a prior suspension leading to permanent closure and receivership; date taken from article dateline Feb 22, 1910.

Events (1)

1. February 22, 1910 Receivership

Newspaper Excerpt: It is rumored that Frank R. Wildes, receiver for the State Bank and Trust company will shortly present his report for his first two years of stewardship. ... the next dividend to the creditors of the erstwhile bank.
Source: newspapers

Newspaper Articles (1)

1. February 26, 1910 The Goldfield News Goldfield, NV

Article from The Goldfield News, February 26, 1910

Click image to open full size in new tab

Article Text

RECEIVER WILDE TO SOON MAKE REPORT RENO, Feb. 22.-It is rumored that Frank R. Wildes, receiver for the State Bank and Trust company will shortly present his report for his first two years of stewardship. Mr. Wildes will have an excellent accounting to give, considering the shape in which he found the institution. A few days ago Mr. Wildes accomplished quite a coup. He was suing the Nevada Exploration Mercantile company on behalf of the bank for the sum of $16,000, but, before he got action a claimant in the justice court got judgment for $208 and secured it by garnisheeing 447,440 shares of stock in the institution. Mr. Wildes' attorneys settled the claim of the small plaintiff, got hold of the stock and will be able to sell the same for the amount of the judgment. This sum of $16,000 will go at least a little in making up the next dividend to the crelitors of the erstwhile bank.