State Bank and Trust company

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: July 3, 1916
Location: Tonopah, Nevada (38.067, -117.230)

Metadata

Model: gpt-5-mini
Short Digest: 1d67106a

Response Measures

None

Description

Article (Carson City Daily Appeal, 1916-07-03) states property reverted to holder of original option 'granted by Frank Wildes, receiver of the State Bank and Trust company', indicating the bank was in receivership/closed. No mention of a depositor run in the text; therefore categorized as a suspension leading to closure/receivership.

Events (1)

1. July 3, 1916 Receivership

Newspaper Excerpt: the Tonopah and California property reverted today to the holder of the original option granted by Frank Wildes, receiver of the State Bank and Trust company, to George H. Keyes.
Source: newspapers

Newspaper Articles (1)

1. July 3, 1916 Carson City Daily Appeal Carson City, NV

Article from Carson City Daily Appeal, July 3, 1916

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Article Text

Tonopah Mining Gives Up Option The Tonopah and California property reverted today to the holder of the original option granted by Frank Wildes, receiver of the State Bank and Trust company, to George H. Keyes. The men employed by the leasing company completed the day shift and then were notified they would not be wanted today. This morning an engineer and a mucker remained to clean out the drifts, collect the tools and remove whatever remains of the leaser's proprty. Under the bond the Tonopah company took out eighteen carloads of ore, most of which ran above the average claimed for the property.-Bonanza.