Oklahoma State Bank - Guthrie, OK

Bank Information

Episode Type: Run Only
Bank Type: state
Start Date: May 19, 1914
Location: Guthrie, Oklahoma (35.879, -97.425)

Metadata

Model: gpt-5-mini
Short Digest: 62c6af18

Response Measures

None

Other: Article describes a promotional deposit 'run' where many customers made deposits for a Christmas fund; not a withdrawal run or suspension.

Description

Newspaper describes a heavy, positive rush of depositors to open Christmas fund accounts after a promotion by the bank president. This is not a panic withdrawal or suspension — no failure or closure mentioned.

Events (1)

1. May 19, 1914 Run

Cause Details: Promotional deposit plan advertised by President Lymon Gray prompting many customers to bring deposits for a Christmas fund.
Newspaper Excerpt: SENSIBLE RUN MADE ON OKLAHOMA STATE BANK ... the run on the bank resembled a real one. Children, men and women crowded each other to make their deposits.
Source: newspapers

Newspaper Articles (1)

1. May 19, 1914 The Guthrie Daily Leader Guthrie, OK

Article from The Guthrie Daily Leader, May 19, 1914

Click image to open full size in new tab

Article Text

SENSIBLE "RUN" MADE ON OKLAHOMA STATE BANK That nearly everybody is anxious to have a fund for Christmas shopping was evidenced today and yesterday at the Oklahoma State bank. Monday was the opening day to receive deposits under the plan advertised by Lymon Gray, the bank's president. And the "run" on the bank resembled a real one. Children, men and women crowded each other to make their deposits. Today a steady stream of depositors has been on at the bank. "I am more than well pleased at the first two days' response to my proposition,' said President Gray today. "The proposition is a good one and will insure a 'Christmas fund' to all who take advantage of the opportunity."