Stock Exchange Bank - El Reno, OK

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: August 11, 1900
Location: El Reno, Oklahoma (35.532, -97.955)

Metadata

Model: gpt-5-mini
Short Digest: 274ea67b

Response Measures

None

Description

Article (1900-08-11) states the Stock Exchange Bank of El Reno is 'defunct' and has a receiver (M. D. Libby) paying dividends to creditors. No run or temporary suspension is mentioned in the text; the bank appears to have failed and been placed in receivership prior to the article date.

Events (1)

1. August 11, 1900 Receivership

Newspaper Excerpt: El Reno, Ok'a., Aug. 11.-Mr. M. D Libby, receiver of the defunct Stock Exchange Bank, is paying a dividend of ten per cent to the creditors.
Source: newspapers

Newspaper Articles (1)

1. August 11, 1900 The Guthrie Daily Leader Guthrie, OK

Article from The Guthrie Daily Leader, August 11, 1900

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Article Text

GOOD STEWARD Bank Receiver Who Worked For Creditors. El Reno, Ok'a., Aug. 11.-Mr. M. D Libby, receiver of the defunct Stock Exchange Bank, is paying a dividend of ten per cent to the creditors. When court meets in November and after Mr. Libby is discharged, another small dividend will be paid to creditors and cover costs, At the time of the bank failure the creditors would have been satisfied at 30 cents on the dollar, but owing to Mr. Libby's close attention to business a dividend of 50 cents on the dollar has baen paid, with good prospects of a little more.