First National Bank - Broken Arrow, OK

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 7115
Charter Number: 7115
Start Date: January 6, 1927
Location: Broken Arrow, Oklahoma (36.053, -95.791)

Metadata

Model: gpt-5-mini
Short Digest: bafd0ee8

Response Measures

None

Description

The article (Daily Oklahoman, 1927-01-06) states the bank's receiver (E. J. Litteer of Hugo) sued a stockholder, indicating a receiver had been appointed and the bank had failed/been closed. No run or temporary suspension is described; receiver action implies permanent closure/receivership.

Events (2)

1. January 29, 1904 Chartered

Source: historical_nic

2. January 6, 1927 Receivership

Newspaper Excerpt: Bank Receiver Sues-E. J. Litteer of Hugo, for the First National bank of Broken Arrow. Wednesday sued Asa Ponder, stockholder of the bank, on the double liability clause applying to stockholders, in federal court.
Source: newspapers

Newspaper Articles (1)

1. January 6, 1927 The Daily Oklahoman Oklahoma City, OK

Article from The Daily Oklahoman, January 6, 1927

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Article Text

City News Briefly Told Burns on Psychology Man Building Power of Applied Psychology." will the subject of Rev Thomas P. Byrnes, in the First Unitarian church, Broadway and Ninth streets, tonight at & o'clock. Admission free, The public invited. More Railroads Sought- Plans for the monthly meeting of the Okla. homa City Jobbers and Manufacturess association in the Oklahoma club tite evening of January 11, were completed at a meeting of the executive committee in the Chamber of Commerce Wednesdaf noon. Prob. lem of obtaining offices of more "short-line" rallroads will be the chief subject for discussion. Nichols Dinner Speaker G. A Nichols was chosen to present the plan for industrial development for the Chamber of Commerce for 1927 to the 000-plate dinner to be held in the Masonic temple the evening of January 14, at a meeting of the entertainment committee in the chamber Wednesday noon. Rebates Surveyed Every com modity of merchandise handled by dealers in Oklahoma City and the entire state has been affected by the work of the traffic department of the Chamber of Commerce during the year of 1926. according to a sur. vey being completed on rebates and reductions obtained during that Dean to Preside- Details of the reception at the inaugural ball were taken up at meeting of the civie committee of the Chamber of Commerce in the chamber Wednesdav noon. It was announced. Walter C. Dean will be master of ceremonies during the evening. according to Ed Overholser, general chairman. Draper to Speak-Stanley C. Draper, assistant manager of the Chamher of Commerce, will leave Thursday afternoon for Tulsa, where he will speak Friday before secretaries of chambers of commerce in Okla. homa in annual meeting. His subject will be "Forming an Effective Chamber of Commerce Program Bank Receiver Sues-E. J. Litteer of Hugo, for the First Na tional bank of Broken Arrow. Wednesday sued Asa Ponder, stockhold er of the bank, on the double tia bility clause applying to stockhold. ers, in federal court. Quinn Returns Today - R. B. Quinn, United States marshal, who has been III at his home in Guy mon. has recovered sufficiently to return to his office in Oklahoma CB/. office helpers said Wednesday. He is expected to arrive Thursday. Omaha Judge Due Today-Judge Thomas Woodrough of Omaha is due here Thursday to hear arguments to exceptions in report of special master in cases brought by the American Indian Refining com pany and the Progress On and Gas company against the state corpora tion commission, regarding rates set by the commission. Hardware Banquet Set-Plans for the entertainment of the convention of the Oklahoma Retail Hardware and Implement Dealers association. January 25-27 are being completed by the Oklahoma City Jobbers and than 400 of the visitors in the city will be entertained. Landers To Speak-"Cost Data of Construction Materials" will be the subject of the report of J. B. Land. ers, manager of the Okla. homa City Builders Exchange to the sixteenth annual meeting of the national group in Washington Febru ary 22.24. Landers is chairman of the secretaries' conference of the association. Mexican Orchestra To Play-The Mexican Tipica orchestra of thirty. five members. official orchestra of former President Obregon and now on its second American tour, will play two performances in the Central highschool auditorium. Monday Tickets for both matinee and evening are OR sale at the Jenkins Music company. Stabbing Case Set Preliminary hearing for W. H. Crittenden, 1400 West Avenue G charged with as sault with attempt to kill in connec. tion with the serious wounding of Paul Cook, salesman for Scrivener Stevens company. during an argument over a check recently. is set in the court of Leo B. White, justice of the peace. at 9 o'clock Friday morning. Buildings To Be Listed-Bezinning Thursday. all sub-contractors, ma terial dealers and dealers in specialty building materials will have list of the previous day's building per mits sent to them each day by the Oklahoma City Builders Exchange said Wednesday. Prospective build ings and construction work will be listed also in this service, according to Landers. Murder Hearing Set-Preliminary hearing of Charles Jackson. held in the county jail charged with the murder of Dave Myers at Wrights come up Friday morning in the station Saturday afternoon, will court of Leo B. White, justice the peace. Governor's Fan Case Set-Because of affairs of state which occupied the time of the governor, the case of W. A. Whites against Governor M. E. Trapp. asking $25 for an elec trie fan which was lost after use at during the primary campaign, has been continued until next Tuesday in the court of Leo B. White, justice of the peace. Burglary Is Charged-Charged with second degree burglary in nection with the theft of about $1, 500 from the MeClelland-Gentry Herbert Munger was arraigned in the court of WIII Laws, Justice of the peace, Wednesday, He was committed to jull in default of $1,000 bond with preliminary hearing set for Friday, January 14. Norman Man Robbed- Fuentes, Norman, was held up and robbed of $45 by two youthful unmasked bandits in an automobile near the state fair grounds shortly before midnight Wednesday night. After crowding him to the curb on Eastern one man jerked Fuentes from the car before relieving him of his money. Legislator Is III Frank Carmichael, member of the legislature from Sayre, was admitted to the University hospital with acute throat trouble. Wednesday. Carmichael will remain at the hospital for several days, It was announced. Y. W. To Banquet-Miss Edna McDanel. dean of women of the University of Oklahoma, will be the principal speaker at the banquet of the business girls' department. of the Young Women Christian association here at 6:15 e'clock. Thursday evening. The event will start the 1927 activities of the department.