Bixby State Bank - Bixby, OK

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 2, 1925
Location: Bixby, Oklahoma (35.942, -95.883)

Metadata

Model: gpt-5-mini
Short Digest: c618ba6c

Response Measures

None

Description

Article (Jan 2, 1925) announces sale of assets by G. A. Brown, Liquidating Agent, and approval by O. B. Mothersead, Bank Commissioner, indicating the Bixby State Bank is defunct and in liquidation. No run or withdrawals are described; a liquidating agent was appointed (government action) and assets are being sold.

Events (2)

1. January 2, 1925 Receivership

Newspaper Excerpt: subject to the approval of O. B. Mothersead Bank Commissioner and G. A. Brown Liquidating agent for the defunct Bixby State Bank. G. A. Brown Liquidating Agent
Source: newspapers

2. January 2, 1925 Suspension

Cause: Government Action
Cause Details: Bank declared defunct and placed in liquidation by Bank Commissioner; liquidating agent (G. A. Brown) appointed.
Newspaper Excerpt: I hereby offer the following property for sale and will accept private bids on same subject to the approval of O. B. Mothersead Bank Commissioner and G. A. Brown Liquidating agent for the defunct Bixby State Bank.
Source: newspapers

Newspaper Articles (1)

1. January 2, 1925 Bixby Bulletin Bixby, OK

Article from Bixby Bulletin, January 2, 1925

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Article Text

For Sale I hereby offer the following property for sale and will accept private bids on same subject to the approval of O. B. Mothersead Bank Commissioner and G. A. Brown Liquidating agent for the defunct Bixby State Bank. Any bid that is accepted, bidder must make a deposit of lo per cent of his bid. One good 80 acre Arkansas river bottom farm, all in cultivation well improved, located on the paved Albert Pike Highway, 11 miles south east of Bixby, can give immediate possession. One 5 room house, good location, on lots 15-13-14 block 17 Midland addition to the town of Bixby. One stone store building, good corner location, located on lot 14, block 27, Midland addition to the town of Bixby. Leave bids at The Citizens Security Bank. G. A. Brown Liquidating Agent