Guaranty State Bank - Hallett, OK

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: *
Location: Hallett, Oklahoma (36.234, -96.568)

Metadata

Model: gpt-5-mini
Short Digest: a857d587

Response Measures

None

Description

Article (Dec 22, 1927) reports the liquidating agent paying 25% to depositors of the defunct Guaranty State Bank, indicating the bank closed earlier and is in liquidation/receivership. No run is mentioned; closure and liquidation are primary events.

Events (2)

1. * Receivership

Newspaper Excerpt: Preston R. Calvert liquidating agent for the Guaranty State Bank is spreading Christmas Joy ... The checks being sent out are for 25 per cent of the amount the claimants had in the bank when It closed its doors.
Source: newspapers

2. * Suspension

Cause: Voluntary Liquidation
Cause Details: Bank is defunct and in liquidation; liquidating agent distributing partial payments to depositors.
Newspaper Excerpt: Preston R. Calvert liquidating agent for the Guaranty State Bank ... checks being sent out are for 25 per cent of the amount the claimants had in the bank when it closed its doors.
Source: newspapers

Newspaper Articles (1)

1. December 22, 1927 The Pawnee Courier-Dispatch Pawnee, OK

Article from The Pawnee Courier-Dispatch, December 22, 1927

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Article Text

HALLETT BANK PAYS 25 PER CENT Preston R. Calvert liquidating agent for the Guaranty State Bank is spreading Christmas Joy among such depositors of that defunct bank. this week, as have filed their claims. The checks being sent out are for 25 per cent of the amount the claimants had in the bank when It closed its doors.