16025. United States National Bank (Vale, OR)

View Charter #9496 on SPMC

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
9496
Charter Number
9496
Start Date
May 11, 1922
Location
Vale, Oregon (43.982, -117.238)

Metadata

Model
gpt-5-mini
Short Digest
7dd4c33e26bac076

Response Measures

None

Receivership Details

Depositor recovery rate
7.2%
Date receivership started
1921-11-15
Date receivership terminated
1927-10-31
OCC cause of failure
Economic conditions
Share of assets assessed as good
19.8%
Share of assets assessed as doubtful
63.6%
Share of assets assessed as worthless
16.6%

Description

Newspaper notices from May–June 1922 repeatedly identify the United States National Bank of Vale, Oregon as having a court-appointed receiver (R. A. Holte; J. J. Brenholt). The articles are summonses related to claims against the bank/its debtors and identify the bank as 'Receiver' defendant. No articles mention a depositor run; instead the bank is in receivership (i.e., closed) and subject to court actions, so this matches a suspension followed by permanent closure/receivership. Dates taken from the publication dates (May–June 1922) where receivers are named.

Events (4)
1. August 9, 1909 Chartered
Source
historical_nic
2. November 15, 1921 Receivership
Source
historical_nic
3. May 11, 1922 Suspension
Cause
Government Action
Cause Details
Bank placed in receivership; court-appointed receiver (R. A. Holte / J. J. Brenholt) and related foreclosure/summons actions.
Newspaper Excerpt
R. A. Holte, as Receiver of The United States National Bank of Vale, Oregon, a corporation; Plaintiff.
Source
newspapers
4. May 18, 1922 Receivership
Newspaper Excerpt
UNITED STATES NATIONAL BANK of Vale, Oregon, a corporation, and J. J. Brenholt, Receiver of the United States National Bank of Vale, Oregon, a corporation, Defendant.
Source
newspapers

Newspaper Articles (10)
1. May 11, 1922 The Ontario Argus Ontario, OR
Article from The Ontario Argus, May 11, 1922

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Article Text

SUMMONS IN THE CIRCUIT COURT OF THE STATE OF OREGON FOR THE COUNTY OF MALHEUR R. A Holte, as Receiver of The United States National Bank of Vale, Oregon, a corporation; Plaintiff. vs. Defendant. Asa M. Berry, To Asa M. Berry, the above named Defendant: IN THE NAME OF THE STATE OF OREGON: You are hereby required to-appear and answer the complaint filed against you in the above entitled action on or before the expiration of six weeks from the date of the first publication of this summons, the same being the last day of the time prescribed by order of the court directing service of summons in said action to be made upon you by pubMcation; and if you fail so to answer, for want thereof, the plaintiff will take judgment against you for $12,000.00 with interest thereon at the rate of six per cent per annum from Feb. 6, 1922, until paid, and for the costs and disbursements of said action, and for an order of the court directing the sale of your real estate which the plaintiff has attached in said action, and which is described as follows: The 8.½ of S. E. 1/4 of N. E. 1/2, and the E.½ of E.½ of S. E. % of Sec. 23, Twp. 18 S. R. 45 E. W. M. in Malheur County, Oregon; and for the application of the proceeds of said sale to the payment of said judgment. You are hereby further notified that this summons is served upon you by publication under and by virtue of an order of the Hon. Dalton Biggs, Judge of this Court, which said order was made and entered in said cause on May 6th, 1922, and directed that this summons be published once each week for six successive weeks in the "Ontario Argus." The date of the first publication of this summons is on May 11th, 1922, and the last publication is on June 22, 1922. WELLS W. WOOD, Attorney for Plaintiff. My residence and postoffice address is at Ontario, Oregon:

2. May 11, 1922 The Ontario Argus Ontario, OR
Article from The Ontario Argus, May 11, 1922

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Article Text

R. A. Holte, as Receiver of The United States National Bank of Vale, Oregon, a corporation; Plaintiff.

3. May 18, 1922 The Ontario Argus Ontario, OR
Article from The Ontario Argus, May 18, 1922

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Article Text

SUMMONS IN THE CIRCUIT COURT OF THE STATE OF OREGON FOR THE COUNTY OF MALHEUR R. A Holte, as Receiver of The United States National Bank of Vale, Oregon, a corporation; Plaintiff. vs. Defendant. Asa M. Berry, To Asa M. Berry, the above named Defendant: IN THE NAME OF THE STATE OF OREGON: You are hereby required to appear and answer the complaint filed against you in the above entitled action on or before the expiration of six weeks from the date of the first publication of this summons, the same being the last day of the time prescribed by order of the court directing service of summons in said action to be made upon you by publication; and if you fail so to answer, for want thereof, the plaintiff will take judgment against you for $12,200.00 with interest thereon at the rate of six per cent per annum from Feb. 6, 1922, until paid, and for the costs and disbursements of said action, and for an order of the court directing the sale of your real estate which the plaintiff has attached in said action, and which is described as follows: The S.½ of S. E. 1/2 of N. E. 1/2, and the E.½ of E.½ of S. E. 1/1/4 of Sec. 23, Twp. 18 S. R. 45 E. W. M. in Malheur County, Oregon; and for the application of the proceeds of said sale to the payment of said judgment. You are hereby further notified that this summons is served upon you by publication under and by virtue of an order of the Hon. Dalton Biggs, Judge of this Court, which said order was made and entered in said cause on May 6th, 1922, and directed that this summons be published once each week for, six successive weeks in the "Ontario Argus." The date of the first publication of this summons is on May 11th, 1922, and the last publication is on June 22, 1922. WELLS W. WOOD, Attorney for Plaintiff. My residence and postoffice address is at Ontario, Oregon.

4. May 18, 1922 The Ontario Argus Ontario, OR
Article from The Ontario Argus, May 18, 1922

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Article Text

SUMMONS IN THE CIRCUIT COURT OF THE STATE OF OREGON FOR MALHEUR COUNTY STATE LAND BOARD OF OREGON, consisting of Ben W. Olcott, Governor, Sam A. Kozer, Secretary of State and O. P. Hoff, State Treasurer, Plaintiff. vs. W. H. MOCKLER, UNITED STATES NATIONAL BANK of Vale, Oregon, a corporation, and J. J. Brenholt, Receiver of the United States National Bank of Vale, Oregon, a corporation, Defendant. TO W. H. MOCKLER, DEFENDANT: IN THE NAME OF THE STATE OF OREGON, you are hereby required to appear and answer the complaint filed against you in the above entitled Court and cause, on or before the expiration of the time prescribed in the order for publication, to-wit: On or before the expiration of six weeks from the date of the first publication of this summons, and if you fail to answer for want thereof, plaintiff will apply to the Court for the relief prayed for in the complaint, to-wit: For a judgment and decree against said defendant W. H. Mockler for the principal sum of Four Hundred and Sixty-five dollars, with interest thereon at the rate of six per cent per annum from August 4, 1918, and the sum of Fifty dollars, attorney fees, and the costs and disbursements of this suit, and that the same be adjudged and decreed a lien against the property described in plaintiff's mortgage, to-wt: The Southwest Quarter of Section 16, Township 20 South, Range 42 E. W. M., together with water right in Cottonwood creek, and the tenements, hereditaments, and appurtenances thereunto belonging, and appertaining, said property being situated in Malheur County, And Oregon. for a decree foreclosing the same and barring and foreclosing all of the rights of defendants therein, and for such other relief as to the court may seem just and equitable. This summons is served pursuant to the order of Honorable E. H. Test, County Judge, made and entered this 11th day of May, 1922, and the first publication hereof is made the 18th day of May, 1922, and the last publication hereof, the 29th day of June, 1922. W. H. BROOKE, P. J. GALLAGHER, Attorneys for Plaintiff, Ontario, Oregon.

5. May 25, 1922 The Ontario Argus Ontario, OR
Article from The Ontario Argus, May 25, 1922

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Article Text

STATE LAND BOARD OF OREGON GON, consisting of Ben W. Olcott, Governor, Sam A. Kozer, Secretary of State and O. P. Hoff, State Treasurer, Plaintiff. vs. W. H. MOCKLER, UNITED STATES NATIONAL BANK of Vale, Oregon, a corporation, and J. J. Brenholt, Receiver of the United States National Bank of Vale, Oregon, a corporation, Defendant. TO W. H. MOCKLER, DEFENDANT: IN THE NAME OF THE STATE OF OREGON, you are hereby required to appear and answer the complaint filed against you in the above entitled Court and cause, on or before the expiration of the time prescribed in the order for publication, to-wit: On or before the expiration of six weeks from the date of the first publication of this summons, and if you fail to answer for want thereof, plaintiff will apply to the Court for the relief prayed for in the complaint, to-wit: For a judgment and decree against said defendant W. H. Mockler for the principal sum of Four Hundred and Sixty-five dollars, with interest thereon at the rate of six per cent per annum from August 4, 1918, and the sum of Fifty dollars, attorney fees, and the costs and disbursements of this suit, and that the same be adjudged and decreed a lien against the property described in plaintiff's mortgage, to-wt: The Southwest Quarter of Section 16, Township 20 South, Range 42 E. W. M., together with water right in Cottonwood creek, and the tenements, hereditaments, and appurtenances thereunto belonging, and appertaining, said property being situated in Malheur County, Oregon. And for a decree foreclosing the same and barring and foreclosing all of the rights of defendants therein, and for such other relief as to the court may seem just and equitable. This summons is served pursuant to the order of Honorable E. H. Test, County Judge, made and entered this 11th day of May, 1922, and the first publication hereof is made the 18th day of May, 1922, and the last publication hereof, the 29th day of June, 1922. W. H. BROOKE, P. J. GALLAGHER, Attorneys for Plaintiff, Ontario, Oregon.

6. May 25, 1922 The Ontario Argus Ontario, OR
Article from The Ontario Argus, May 25, 1922

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Article Text

R. A Holte, as Receiver of The United States National Bank of Vale, Oregon, a corporation; Plaintiff.

7. May 25, 1922 The Ontario Argus Ontario, OR
Article from The Ontario Argus, May 25, 1922

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Article Text

R. A Holte, as Receiver of The United States National Bank of Vale, Oregon, a corporation; Plaintiff. vs. Defendant. Asa M. Berry, To Asa M. Berry, the above named Defendant: IN THE NAME OF THE STATE OF OREGON: You are hereby required to appear and answer the complaint filed against you in the above entitled action on or before the expiration of six weeks from the date of the first publication of this summons, the same being the last day of the time prescribed by order of the court directing service of summons in said action to be made upon you by publication; and if you fail so to answer, for want thereof, the plaintiff will take judgment against you for $12,200.00 with interest thereon at the rate of six per cent per annum from Feb. 6, 1922, until paid, and for the costs and disbursements of said action, and for an order of the court directing the sale of your real estate which the plaintiff has attached in said action, and which is described as follows: The S.½ of S. E. 1/4 of N. E. 1/4, and the E.½ of E.1/2 of S. E.½ of Sec. 23, Twp. 18 S. R. 45 E. W. M. in Malheur County, Oregon; and for the application of the proceeds of said sale to the payment of said judgment. You are hereby further notified that this summons is served upon you by publication under and by virtue of an order of the Hon: Dalton Biggs, Judge of this Court, which said order was made and entered in said cause on May 6th, 1922, and directed that this summons be published once each week for six successive weeks in the "Ontario Argus." The date of the first publication of this summons is on May 11th, 1922, and the last publication is on June 22, 1922. WELLS W. WOOD, Attorney for Plaintiff. My residence and postoffice address is at Ontario, Oregon.

8. June 1, 1922 The Ontario Argus Ontario, OR
Article from The Ontario Argus, June 1, 1922

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Article Text

R. A Holte, as Receiver of The United States National Bank of Vale, Oregon, a corporation; Plaintiff.

9. June 8, 1922 The Ontario Argus Ontario, OR
Article from The Ontario Argus, June 8, 1922

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Article Text

SUMMONS IN THE CIRCUIT COURT OF THE STATE OF OREGON FOR MALHEUR COUNTY STATE LAND BOARD OF OREGON, consisting of Ben W. Olcott, Governor, Sam A. Kozer, Secretary of State and O. P. Hoff, State Treasurer, Plaintiff. vs. W. H. MOCKLER, UNITED STATES NATIONAL BANK of Vale, Oregon, a corporation, and J. J. Brenholt, Receiver of the United States National Bank of Vale, Oregon, a corporation, Defendant. TO W. H. MOCKLER, DEFENDANT: IN THE NAME OF THE STATE OF OREGON, you are hereby required to appear and answer the complaint filed against you in the above entitled Court and cause, on or before the expiration of the time prescribed in the order for publication, to-wit: On or before the expiration of six weeks from the date of the first publication of this summons, and if you fail to answer for want thereof, plaintiff will apply to the Court for the relief prayed for in the complaint, to-wit: For a judgment and decree against said defendant W. H. Mockler for the principal sum of Four Hundred and Sixty-five dollars, with interest thereon at the rate of six per cent per annum from August 4, 1918, and the sum of Fifty dollars, attorney fees, and the costs and disbursements of this suit, and that the same be adjudged and decreed a lien against the property described in plaintiff's mortgage, to-wt: The Southwest Quarter of Section 16, Township 20 South, Range 42 E. W. M., together with water right in Cottonwood creek, and the tenements, hereditaments, and appurtenances thereunto belonging, and appertaining, said property being situated in Malheur County, Oregon. And for a decree foreclosing the same and barring and. foreclosing all of the rights of defendants therein, and for such other relief as to the court may seem just and equitable. This summons is served pursuant to the order of Honorable E. H. Test, County Judge, made and entered this 11th day of May, 1922, and the first publication hereof is made the 18th day of May, 1922, and the last publication hereof, the 29th day of June, 1922. W. H. BROOKE, P. J. GALLAGHER, Attorneys for Plaintiff, Ontario, Oregon.

10. June 22, 1922 The Ontario Argus Ontario, OR
Article from The Ontario Argus, June 22, 1922

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Article Text

# SUMMONS IN THE CIRCUIT COURT OF THE STATE OF OREGON FOR MALHEUR COUNTY STATE LAND BOARD OF ORE- GON, consisting of Ben W. Olcott, Governor, Sam A. Kozer, Secre- tary of State and O. P. Hoff, State Treasurer, Plaintiff. vs. W. H. MOCKLER, UNITED STATES NATIONAL BANK of Vale, Oregon, a corporation, and J. J. Brenholt, Receiver of the United States National Bank of Vale, Oregon, a corporation, Defendant. TO W. H. MOCKLER, DEFEN- DANT: IN THE NAME OF THE STATE OF OREGON, you are hereby re- quired to appear and answer the complaint filed against you in the above entitled Court and cause, on or before the expiration of the time prescribed in the order for publi- cation, to-wit: On or before the expiration of six weeks from the date of the first publication of this summons, and if you fail to answer for want thereof, plaintiff will apply to the Court for the relief prayed for in the com- plaint, to-wit: For a judgment and decree against said defendant W. H. Mockler for the principal sum of Four Hundred and Sixty-five dollars, with interest thereon at the rate of six per cent per annum from August 4, 1918, and the sum of Fifty dollars, attorney fees, and the costs and disburse- ments of this suit, and that the same be adjudged and decreed a lien against the property described in plaintiff's mortgage, to-wt: The Southwest Quarter of Section 16, Township 20 South, Range 42 E. W. M., together with water right in Cotton- wood creek, and the tenements, hereditaments, and appurten- ances thereunto belonging, and appertaining, said property be- ing situated in Malheur County, Oregon. And for a decree foreclosing the same and barring and foreclosing all of the rights of defendants there- in, and for such other relief as to the court may seem just and equit- able. This summons is served pursuant to the order of Honorable E. H. Test, County Judge, made and en- tered this 11th day of May, 1922, and the first publication hereof is made the 18th day of May, 1922, and the last publication hereof, the 29th day of June, 1922. W. H. BROOKE, P. J. GALLAGHER, Attorneys for Plaintiff, Ontario, Oregon.