First State Bank (Terlton, OK)

Episode Information

Episode UID
1512712891559
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
151271289 hash
Start Date
November 27, 1929
Location
Terlton, Oklahoma (36.188, -96.490)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
57e29a7341bd5540

Response Measures

None

Description

Articles state the banks were closed by the state after the death of H. A. McCauley; reopening for this specific bank is not reported.

Events (1)
1. November 27, 1929 Suspension
Cause
Government Action
Cause Details
State ordered closure of a group of state banks immediately after the death of H. A. McCauley, an interested party in the banks.
Newspaper Excerpt
12 Oklahoma Banks Closed by State OKLAHOMA CITY, Okla., Nov. 27... The closings were an immediate of the death last night of H. A. McCauley... First State bank, Terlton
Source
newspapers

Newspaper Articles (2)
1. November 27, 1929 Oakland Tribune Oakland, CA
Article from Oakland Tribune, November 27, 1929

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Article Text

12 Oklahoma Banks Closed by State OKLAHOMA CITY, Okla., Nov. 27. Graves Shull. state bank announced today that twelve state banks failed to open their doors today. The closings were an immediate of the death last night of H. A. McCauley, 55, of Sapulpa, who interested in all The banks to be closed were Sapulpa State bank the Bank of Mounds: Henrietta State bank Bank of Commerce, Welettka: First State bank, Vian: Citizens State bank Webbers Falls; State State bank: First State bank, Terlton: Avant State bank: bank: and the Bank of Kellyville.

2. November 28, 1929 Okmulgee Daily Times Okmulgee, OK
Article from Okmulgee Daily Times, November 28, 1929

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Article Text

12 BANKS CLOSE; 1920 CAUSE OF CRASH (CONTINUED FROM PAGE ONE) deposits, $62,000; capital, $25,000. First State bank, Vian; deposits, $73,000; capital, $10,000. Citizens State bank, Webbers Falls: deposits $157,000; capital, $15,000. Davenport State bank, Davenport: deposits, $151,370; capital. Oilton State bank, Oilton, deposits capital $25,000. First State bank, Terlton. $76,000; capital $10,000. State bank, Avant, capital $15,000. Keystone bank, Keystone, posits capital $10,000. Bank of Kelleyville, deposits 14,000: capital $10,000 The bank which McCauley controlled and which did not close Its doors, was the American State bank of Porum. Shull indicated there pos:lbility that the banks at Henryetta and possibly one or two others might reopen soon.