First National Bank - Guthrie, OK

Bank Information

Episode Type: Suspension → Reopening
Bank Type: national
Bank ID: 4348
Charter Number: 4348
Start Date: March 17, 1927
Location: Guthrie, Oklahoma (35.879, -97.425)

Metadata

Model: gpt-5-mini
Short Digest: e1c12523

Response Measures

None

Description

Article (Oklahoma Weekly Leader, 1927-03-17) describes the First National Bank of Guthrie being in receivership with Receiver Ned Holman, settlement of liens and taxes, and preparations to resume operations. No run or depositor panic is mentioned. Suspension appears to have been due to court/receivership/foreclosure and the bank is expected to reopen after payment and settlement.

Events (3)

1. March 17, 1927 Reopening

Newspaper Excerpt: This removes the county's lien ... clears way for the reopening ... That the resume opera date with the matters was the confident statement of Judge Bierer ...
Source: newspapers

2. * Receivership

Newspaper Excerpt: Receiver Has Funds On Hand ... Receiver Holman has enough money ... This removes the county's lien ... clears way for the reopening ... resume operations ... employed 125 when full blast (paraphrased from article).
Source: newspapers

3. * Suspension

Cause: Government Action
Cause Details: Bank was placed in receivership/under court foreclosure proceedings; county lien and tax issues required settlement before resuming operations.
Newspaper Excerpt: Ned Holman, president of the First National bank and receiver of the ...
Source: newspapers

Newspaper Articles (1)

1. March 17, 1927 Oklahoma Weekly Leader Guthrie, OK

Article from Oklahoma Weekly Leader, March 17, 1927

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Article Text

District Court Agreement Is Approved By MONEY TO BE PAID Receiver Has Funds On Hand To Meet due handed Following the agreement approved United States dis Judge John Cotter agreements wrangle which centered about which resulted months ago The final foreclosure mortgages federal district court next thereafter final settlement financial affairs That the resume opera date with the matters was the confident statement of Judge Bierer, attorney has been representing Ned Holman. president of the First National bank and receiver of the think the tax paid was too high but It clears way for the reopening that what we want most of Judge Bierer The employed 125 when full blast The tax sum agreed upon can be paid since Receiver Holman has enough money from recertificates to cover the This removes the county's lien and connection with the mill case which was established when the state preme court held that enacted the legislature in 1916 was invalid and that cotton mills pay taxes