18035. First National Bank (Haworth, OK)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
10500
Charter Number
10500
Start Date
November 4, 1926
Location
Haworth, Oklahoma (33.847, -94.653)

Metadata

Model
gpt-5-mini
Short Digest
824908d1

Response Measures

None

Receivership Details

Depositor recovery rate
38.0%
Date receivership started
1926-11-02
Date receivership terminated
1931-05-20
OCC cause of failure
Economic conditions
Share of assets assessed as good
22.9%
Share of assets assessed as doubtful
68.8%
Share of assets assessed as worthless
8.3%

Description

Comptroller appointed a receiver for the First National Bank of Haworth in November 1926; articles through 1928 refer to the receiver settling claims and foreclosures. No newspaper text mentions depositor runs; this is a government-appointed receivership/closure of a national bank.

Events (4)

1. March 27, 1914 Chartered
Source
historical_nic
2. November 2, 1926 Receivership
Source
historical_nic
3. November 4, 1926 Receivership
Newspaper Excerpt
Earl J. Litteer, receiver of the State National bank of this city, has been appointed as receiver for the First National bank of Broken Bow and the First National bank of Haworth. Notification of his selection for these two positions was received yesterday. The appointments were made by the comptroller of the currency at Washington, D. C.
Source
newspapers
4. November 4, 1926 Suspension
Cause
Government Action
Cause Details
Comptroller of the Currency appointed a receiver for the First National Bank of Haworth after the bank failed/closed its doors.
Newspaper Excerpt
Earl J. Litteer ... has been appointed as receiver for the First National bank of Broken Bow and the First National bank of Haworth. The appointments were made by the comptroller of the currency at Washington, D. C.
Source
newspapers

Newspaper Articles (3)

Article from The Ardmore Daily Press, November 4, 1926

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Article Text

LITTEER NAMED BANK RECEIVER Selected to Handle Affairs for Haworth and Broken Bow Failed. Earl J. Litteer, receiver of the State National bank of this city, has been appointed as receiver for the First National bank of Broken Bow and the First National bank of Haworth. Notification of his selection for these two positions was received yesterday. The appointments were made by the comptroller of the currency at Washington, D. C. Mr. Litteer will make arrangements to begin his new duties at once. He has been in Ardmore for the past three years settling the affairs of the State National bank which closed its doors in 1922.


Article from The McCurtain Democrat, February 10, 1927

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Article Text

(First Pub. Nov. 25-3Mo.) DEPARTMENT Office of the Comptroller of the Washington. D. C. November 1926 Notice is hereby given to all persons may claims against "The First National Bank of Haworth" Oklnhoma that the same must be to Earl J. Litteer. Receiver with the legal proof thereof. within three months from this date or they may be disallowed Comptroller of the Currency


Article from McCurtain Gazette, March 28, 1928

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Article Text

(In March IN THE DISTRICT COURT IN AND FOR COUNTY, STATE OF Case No. 6539. Hannah F. Haines and Deborah Haines Plaintiffs M. Cargill, M. Cargill, Thomas, Esther Thomas, Sallie Thomas, Lewie Thomas, Denton, Irby, First National Bank of Haworth, corporation, Earl Litter, Receiver of First National Bank of Haworth, Oklahoma, Union Company, First National Bank of Idabel, Oklahoma, Sibbie corporation, Jefferson, minor, John DanGuardian of Sibbie Jefferson, minor, Nicholas Mambi, Watie minor, Mambi, Guardian of Nicholas Mambi, minor, North ican Amerporation, and Dooley, dian of GuarLewie Thomas, minor. Defendatnts NOTICE OF Notice is hereby given that suant to puran Order of Sale the office of the Court Clerk McCurtain of County, State of Oklahoma, the on 5th day of March, 1928, an action wherein Hannah Haines and Deborah Haines plaintiffs, and M. Cargill, Cargill, Thomas, Esther Sallie Thomas, Thomas, Lewie Thomas, Denton, B. Irby, First Bank National of poration, corEarl Litter, Receiver First National Bank of Haworth, Ok. lahoma, Union Company, First National Bank Idabel, Oklahoma, bie corporation, Sibminor, John Daniel, Guardian of Jefferson, minor, Nicholas Mambi, minor, Mambi, Guardian of Nicholas Mambi, North American Insurance Company, Dooley, Guardian of Lewie minor, were directed to me the undersigned sheriff County, State of Oklahoma, manding me to levy upon sell, without following lands and to-wit: The Northeast Quarter of Section Township Eight (8) South of TwenRange (25) East of the Indian Meridian in road State right of McCurtain excepting County, rail way, to satisfy judgment and decree of in favor of said plaintiffs against of the written named and defendants, obtained and made in said Court on the 26th of August, 1927, for the of $1060.00 with interest thereon at the rate of six cent annum, attorney's fees, and costs action. will, therefore on the 9th of day April, 1928, at the hour of 10 of said day, at the front door the Court House in the city of County, Oklahoma, for sale, the highest bidder for cash, the said premises, above described, much thereof will satisfy said with terest, attorneys fees and costs. JONES, Sheriff of McCurtain County, Oklahoma. Will Jones and Meister, Attorneys for Plaintiffs. For real job printing see the Ga zette office. March 31) NOTICE OF SALE No. 6567. Notice hereby given, that in suance an Order of Sale, out the District Court of McCurtain County, State of the day of February, 1923, in an tion Sherman plaintiff and Boyd Williams, Mayne Jennie Main Williams, Ida Williams, Mary Williams, ThomEsther Thomas, Conservative Loan Trust Company, corporation, Cade and Fluke, First National Bank of Idabel, OklaReceiver Jacob of First Natinal Bank of Mambi, North American Life Insurand corporation; Mark ants, me, the sheriff of County, undersigned State commanding me to levy according without appraisement, the following described real estate and premises, situated in McCurtain County, homa, to-wit: of SE% of Section containing Township South, Range 25 East, 21, 40 acres, more or less, according the Government survey thereof, satisfy judgment and decree of real estate first gage lien the upon said above described real estate and premises in favor said plaintiff and against said obtained and made said court on the 15th day of July, 1927, the sum of with interest thereon the rate of per cent per annum from the 20th day of May, 1927, until paid, further sum attorney's fee, and all costs said action, both accrued and and satisfy judgment and decree of foreclosure of second mortgage lien in favor of petitioner, Company, Conservative Loan the cross- Trust corporation, Cade and Fluke, Receivers, in the of with interest thereon the rate 10 per cent per annum from the day of 1922, until paid, and the sum of attorwill, on the 2nd day of April, 1928, at the hour of 10 o'clock said day, at the front door Curtain house County, in the city of Idabel, of the sale highest at public bidder outery Oklahoma, and sell to the for for cash in hand the said above described real satisfy said so much thereof estate will interest, attorneys' fees and costs. Witnesses my hand this 27th day of February, 1928. JONES, Sheriff of McCurtain County, Oklahoma. Will Jones, Attorney for Palintiff. NOTICE (In March March 28) SALE REAL ES. TATE GUARDIAN State of Oklahoma, McCurtain County. IN COUNTY COURT No.757. In the Matter of the Guardianship of Edmond Willis, Laymon and Elliston Minors Notice hereby given in pursuance an order of County Court of the County State Oklahoma, made on the 6th day March, 1928, the dian guarof the estate Edmond Laymon Willis and Elliston Willis, minors, will sell at public sale to the highest bidder, subject confirmation by said Court on Saturday, the 31st day of March, 1928, 10 o'clock at the front door of the county court house in Hugo, Choctaw County, Oklahoma, all the right, title and of said Edmond Willis, Laymon Willis Elliston minors, in and the following described real estate situated in Choctaw and Love counties, state of Oklahoma, of of Section Township Range East, and of and E½ of Section 13, and of of Section 25, Township South, Range East, and West Acres Lot Township Said South, Range Section East. 18, lands will be sold on the following terms and conditions, Cash upon of sale by the Court and delivery of guardian's deed. Dated the 10th day of March, Olarney Guardian. Randall Connell, Attorney. (In March April State of Oklahoma, County McCurtain. NOTICE OF FOR TAX DEED Ray and Geo. Ray: the owner. and heirs of Touchand each of notified Touchstone that is the the undersigned Geo. hereby owner and holder of the tax sale issued by the of McCurtain County, State Oklahoma, and the following described property, to-wit: South ter half of the Southeast quarSection Township South, Range 24 East. That said tax sale certificate numbered issued the on 14th day of August, 1925, the of said lands at delinquent tax sale the taxes for the year 1923 and on which there is the taxes for the years 1921, 1922, and 1927 and you each of you are hereby notified that unless made from said tax sale within 60 days from the date the service this notice, tax deed will be demandand will issued to the all of the above described propprovided by Dated this the March, 1928. Geo. Touchstone, Owner and holder of said tax certificate.