First National Bank - Trinidad, CO

Bank Information

Episode Type: Suspension → Reopening
Bank Type: national
Bank ID: 2300
Charter Number: 2300
Start Date: August 1, 1909*
Location: Trinidad, Colorado (37.169, -104.501)

Metadata

Model: gpt-5-mini
Short Digest: 53a1277e

Response Measures

None

Description

Article (Aug 21, 1909) states the First National Bank of Trinidad recently was reopened after a shortage of $150,000 in its funds had been made good by the stockholders. No run is mentioned; closure/suspension appears to have been due to an internal shortage (bank-specific adverse information) and the bank subsequently reopened. Also article notes a receiver appointed for Beeler Manufacturing Co., for which the bank was a principal creditor.

Events (5)

1. September 24, 1875 Chartered

Source: historical_nic

2. August 1, 1909* Reopening

Newspaper Excerpt: which recently was reopened after a shortage of $150,000 in its funds had been made good by the stockholders, a receiver was appointed today for the Beeler Manufacturing company, ... The bank is the most concerned creditor.
Source: newspapers

3. August 21, 1909 Other

Newspaper Excerpt: On application of the First National bank, which recently was reopened ... a receiver was appointed today for the Beeler Manufacturing company, with factories here and at Alexandria Ind.
Source: newspapers

4. September 4, 1934 Voluntary Liquidation

Source: historical_nic

5. * Suspension

Cause: Bank Specific Adverse Info
Cause Details: A reported shortage of $150,000 in the bank's funds forced suspension/closure prior to reopening.
Newspaper Excerpt: which recently was reopened after a shortage of $150,000 in its funds had been made good by the stockholders
Source: newspapers

Newspaper Articles (1)

1. August 22, 1909 The Daily Missoulian Missoula, MT

Article from The Daily Missoulian, August 22, 1909

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Article Text

RECEIVER APPOINTED. Trinidad, Colo., Aug. 21.-On appltcation of the First National bank, which recently was reopened after a shortage of $150,000 in its funds had been made good by the stockholders a receiver was appointed today for the Beeler Manufacturing company, with factories here and at Alexandria Ind. The liabilities of the company are $58,000. The bank is the most concerned creditor.