First National Bank - Little Rock, AR

Episode Information

Episode UID: 164801204
Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 16480 national
Charter Number: 1648
Start Date: April 20, 1900
Location: Little Rock, Arkansas (34.746, -92.290)

Metadata

Model: gemini-3-flash-preview (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 95ab8a4725604c4a

Response Measures

None

Receivership Details

Depositor recovery rate: 73.6%
Date receivership started: 1893-02-06
Date receivership terminated: 1908-09-30
Share of assets assessed as good: 28.6%
Share of assets assessed as doubtful: 26.0%
Share of assets assessed as worthless: 45.4%

Description

The article discusses a 1900 court ruling regarding a receiver's assessment, confirming the bank had previously failed and was in receivership.

Events (3)

1. April 2, 1866 Chartered

Source: historical_nic

2. February 6, 1893 Receivership

Source: historical_nic

3. April 20, 1900 Receivership

Newspaper Excerpt: H. F. Auten, receiver of the First National Bank of Little Rock against the stockholders of the bank
Source: newspapers

Newspaper Articles (1)

1. April 20, 1900 The Forrest City Times Forrest City, AR

Article from The Forrest City Times, April 20, 1900

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Article Text

Stockholders Must Pay. Judge John A. Williams, in the fed eral court at Little Rock, decided the case of H. F. Auten, receiver of the First National Bank of Little Rock against the stockholders of the bank, holding that the defendants were liable for the $250,000 new stock issued by th bank on June 23, 1890, ul on which a assessment of 92 per cent was levied b, the comptroller of the currency.