18056. First National Bank (Idabel, OK)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
8486
Charter Number
8486
Start Date
January 24, 1925
Location
Idabel, Oklahoma (33.896, -94.826)

Metadata

Model
gpt-5-mini
Short Digest
f5577a88

Response Measures

None

Receivership Details

Depositor recovery rate
31.7%
Date receivership started
1925-02-18
Date receivership terminated
1930-08-30
OCC cause of failure
Governance
Share of assets assessed as good
27.9%
Share of assets assessed as doubtful
40.1%
Share of assets assessed as worthless
32.0%

Description

Newspaper articles show the First National Bank of Idabel was closed and placed under supervision of the Comptroller (Jan 1925) and a receiver was appointed Feb 18, 1925. There is no explicit description of a depositor run in the articles provided. Later litigation and receiver actions confirm permanent failure/receivership. I therefore classify this as a suspension (closed under examiner/supervision) followed by permanent closure/receivership.

Events (4)

1. December 29, 1906 Chartered
Source
historical_nic
2. January 24, 1925 Suspension
Cause
Government Action
Cause Details
Bank closed and placed under supervision of the Comptroller of the Currency; examiner in charge while closed.
Newspaper Excerpt
The affairs of the First National Bank, Idabel, Okla., are now under the supervision of the Comptroller of the Currency with W. P. Wilson, National Bank Examiner in charge. At this date it is hoped that the bank may be reorganized and efforts are being put forth to this end. While the bank is closed the examiner in charge will co-operate with the community ...
Source
newspapers
3. February 18, 1925 Receivership
Source
historical_nic
4. February 18, 1925 Receivership
Newspaper Excerpt
Butler said that he was appointed receiver of the bank Feb. 18, 1925. ... the comptroller ordered the levying of the assessment, which equals value of the shares ... the comptroller ordered the levying of the assessment when the bank failed for the second time February 18, 1925. (also multiple articles refer to Jacob A. Salmon as receiver after Feb. 1925).
Source
newspapers

Newspaper Articles (11)

Article from McCurtain Gazette, January 24, 1925

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First National Bank. The affairs of the First National Bank, Idabel, Okla., are now under the supervision of the Comptroller of the Currency with W. P. Wilson, National Bank Examiner in charge. At this date it is hoped that the bank may be reorganized and efforts are being put forth to this end. While the bank is closed the examiner i n charge will co-operate with the community when information is desired where they are concerned and he is permitted to do so.


Article from Muskogee Daily News, September 5, 1925

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BANK STOCK OWNERS SUED 40 Shareholders of Defunct Institution Are Defendants In Action Naming the approximately 40 shareholders of the defunct First National bank of Idabel as defendants, Samuel W. Butler, as receiver for that institution, has filed suit in federal court here asking payment of an assessment of $100 per share for each share held by the defendants, as levied under authority of the comptroller of the treasury. "for the purpose of paying and dis Butler said that he was appointed receiver of the bank Feb. 18, 1925. and that July 7, 1925, the comptroller ordered the levying of the assessment, which equals value of the shares, the petition indicates. The plaintiff after levying assessment brought proceedings to force liability of defendants, he states, but declares that assessments have not been paid. Butler claims that in 1923. the bank suspended operations for a few days and that assessments were made and paid and that the same conditions prevailed during that period as prevailed during the last and asks that payment of assessments be ordered.


Article from McCurtain Gazette, September 23, 1925

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one of the platform's great musicians. can't get blood out of a turnip. A card from Miss Nelle Montgom ery at Memphis, Tennessee, states she is on her way to North Carolina with her aunt. They are in a Ford car and having a nice trip. Moris, of the Moris Department Store, M. Aurbach and M. Fine and family spent the week end in Hugo and Paris. They were joined by Sam Corenbleth of Haworth. Pat Ray, of Valliant, was here Sunday, Pat is a fine young business man and is deserving of the fine trade he, says he is enjoying. Pat has host of friends in Idabel who are always glad to see him. Mrs. J. N. Rouleau left Sunday morning for Dallas, Texas, in answer to a telegram that her little granddaughter, daughter of Mr. and Mrs. Cliff Pullen of Durant, was seriously ill. On Monday she reported the child better. The Macedonia Baptist Association will convene at Bethel church one mile west and two miles south of Idabel, September 29. Trains will be met and everybody is cordially invited to come and bring somebody with you. Andrew Arnold, an employee of the ice company here is still confined to his home with illness. The ice customers on Andrew's route miss him very much and are hoping for him a speedy recovery and return to his post of duty. To the ladies of Idabel: We grow a great variety of ornamental shrubery for yards and lawns. Phone your order to B. & P. Grocery Store and our Salesman will and appreciate your order for Nov. delivery. Texas Nursery Co., Sherman, Texas. (2t.S26) Miss Jessye Arnett, who has been in Oklahoma City the past month or so has returned home and has accepted a position with the First National Bank Receiver of this city. The Gazette is glad to see Miss Jessye return to Idabel where she has a host of good friends. The only trouble about being a barber is that once in a while he has to attend to a male customer. Train up a child in the way he should go and when he gets old the traffic cops will not bother him. Man is born endowed with 49 per cent morality. The remaining 51 per cent is legislated into him. Due to war, race suicide and other causes, there are 2,000,000 women in France who can't find husbands. And here there are some women who never can find their husbands. Due to the uncertainty of their return alive, mountain climbers in the Alps are required to pay their hotel bills in advance. For the same reason bootleggers never extend credit. Vice President Dawes complains that under the present rules a U.S. Senator has the right to talk on any subject he wants to as long as he wants to. Also under the present "rules" the American people can think anything about a U. S. Senator they want to as long as they want to, so why all the fuss?


Article from McCurtain Gazette, March 24, 1926

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Feb. 27, out March (First OF SALE OF LANDS NOTICE UNDER 5615 Notice hereby given, that execution pursuance issued the clerk's District Court, and for Me Curtain County State of the 28th day of January, 1926, action Ruby Nichols now, formerly Ruby Hall, was plaintiff and James Hall was cause No. 5615, me to levy belonging to said upon James sufficient satisfy judgment rendered action favor of Plaintiff against said James Hall, for the sum of $305.00 with $17.75 costs, with interest from the date the 22nd day of January 1926: have upon certain lands and belonging to said James E. Hall not exempt from sale under for want of goods chattels of the said James Hall, to wit: An undivided one-half interest and to parts of Lots Block the City Idabel, Oklahoma, scribed more particularly as follows: Begin at Northwest corner of the Masonic Bldg., same being 25 feet Northwest from Southwest corner of said Lot 3, thence in Northeasterly direction perpendicular to Central Avenue 100 feet, thence Northwesterly parallel Central Avenue 25 feet; thence in Southwesterly direction Central Avenue 100 feet to East Boundary line of Central Avenue; thence in Southeasterly direction parallel to Central Avenue 25 feet to beginning; Situated in said McCurtain Counand have duly caused the interest said defendant in and to said lands and tenements to be appraised according to law, at $1000.00, now, therefore, notice hereby given that pursuance of the of said writ, will offer for sale and sell for cash to the highest bidder, to prior to the subject Georgia State Loan Co. for said lands and tenements, or so much thereof as will satisfy the said judgment and costs, on the 1st day April, 1926, at 10 o'clock said day, at the front door the court house, in the city of Idabel, in said county and State. Witness my hand this 24th day of February, 1926. JONES, Sheriff McCurtain County (First published March 3, out April 1926) IN THE DISTRICT COURT WITHIN AND FOR THE COUNTY OF McCURTAIN STATE OF OKLAHOMA. No. 5981 Jacob A. Salmon, Receiver of the First National Bank of Idabel, Oklahoma, Plaintiff, vs. Love, Clevia Love, Love and Virginia Love, NOTICE BY PUBLICATION THE STATE OF To: Love, Clevia Love, Love and Virginia Love, YOU AND EACH of you, the defendants, J. Love, Clevia Love, C. H. Love and Virginia Love, will take notice that on the 10th day of February, 1926, the above named plaintiff, Jacob Salmon, Receiver the First National Bank of Idabel, Oklahoma, filed in the District Court of McCurtain County, Oklahoma, his petition, against the defendants, Love, Clevia Love, H. Love and Virginia Love, others, and that you the said G. LOVE, CLEVIA LOVE, C. H. LOVE and VIRGINIA LOVE, must answer the petition of the plaintiff filed said cause against on before the 16th day of April, 1926, or said petition will be taken as true judgment in said against said defendants, Love, Clevia Love, C. H. Love and Virginia Love, and estab lishing that there due and owing to the plaintiff the sum of $6500.00 on gold bond notes executed by the said Love, Clevia Love, C. Love and Virginia Love to the Oklahoma Farm MortCompany, bearer, dated gage December 10th, 1920, due and payable December 1925, and the further sum of $455.00 on interest coupons notes, and the of $650.00 attorneys fees, and taxes paid by plaintiff, and further decreeing and establishing that the Deed Trust, executed, and by the defendants, Love, Clevia Love, H. Love and Virginia Love, dated 10th, 1920, and given secure the payment of the above mentioned sums money, is valid subsisting first lien upon the property described therein and described follows, to-wit: and Section 16, and Section 20, and Lots and of Section 21, all in Township South, Range 24 East, in McCurtain County, and that the plaintiff is the owner and holder thereof, and judgment rendered further said Deed of Trust, and ordering the above described real estate sold, without according law, satisfy the above indebtedness, and barring you and each you, the Love Clevia Love, H. Love and Virginia Love, and all persons claiming by through or under you or any of you, from serting or claiming any right, title interest in and to above described estate since the of this action. this 2nd day of March, BASCOM COKER, Court Clerk McCurtain County, Oklahoma. (SEAL) .EDBETTER & HUDSON, Attorneys for Plaintiff. (First published March 10, out April BY PUBLICATION STATE OF In The District Court In And For Said County And State. Plaintiff, vs. Annie Fred Tapley, Tapley, Defendant. No. 6031 STATE OF TO ANNIE TAPLEY, DEFENDANT: Defendant, Annie Tapley, will take notice that she has been sued in the above named court for divorce, and that Annie Tapley, must the petition the plainFred Tapley, filed herein, on or before the 24th day of April, 1926, said Petition will be taken as true judgment for said Plaintiff for be accordingly. Witness my hand and the seal said Court, this 9th day of March, (SEAL) BASCOM COKER, Court Clerk COCHRAN & WILKINSON, (First published March 20, out April 17, 1926) NOTICE OF SHERIFF'S SALE No. 5671 NOTICE IS HEREBY GIVEN, that in pursuance an Order of Sale, issued out of the District Court McCurtain County, State of Oklahoma, on the 19th day of March, 1926 in an action wherein Waddell Company, plaintiff and Jennings, was Jennings, Robinson Mary and F. Brewer were defendants, directed the undersigned McCurtain County, State sheriff of Oklahoma, commanding me to of levy upon, advertise and accordto law, without appraisement, first mortgage of $1200.subject the following described real estate, situated in McCurtain County, Oklahoma, W½ of NE% of and and of of Seeof of tion and and acre described one at the northwest as beginning of Northwest Quarter corner Southeast Quarter Section Township South, Range East, thence east 22 yards stake on the north line the Quarter of the South east Quarter of Section 27, thence direction to the the East Half of Northeast Half of East Quarter Southwest Quarter Section thence north the said East Half line Northeast Quarter of Quarter to the point of beginone acre; being located Section South, Range East, 61 acres, more or less, satisfy judgment and decree of real estate mortgage foreclosure real said above on said plaintiff and favor and said defendants, against the 18, day said court 1925, for the sum September, with interest thereon at the of ten per cent per annum from until January, 1925, the 1st of further of and sum attorney's paid, fee, and all costs accruing of said and action, the 20th day of April, on hour of 10 o'clock 1926, at the the front door the said day, at the city of Idabel, house in County, Oklahoma, offer auction and sale public subject to said mortgage highest bidder for said above described in hand the much thereof as real estate, or intersatisfy said fee and costs. attorney's HAND, this 19th WITNESS MY March, WILL for Plaintiff Attorney JONES, Sheriff of McCurtain County, Oklahoma it in Idabel. Be published March 20, out April 10, 1926) THE DISTRICT WITHIN IN AND FOR COUNTY OF STATE OF OKLAHOMA. No. Shafter, Plaintiff, John Westal. NOTICE BY PUBLICATION Oklahoma Upham Shoe ComTrust Company, Sanders one of the pany and partners of the partnership firm of Dalton, will take notice Sanders Shafter, did 10th day of January, 1925, the his petition in the District Court McCurtain County, State of Oklahoma said above named against defendants and other defendants in this action, and said defendants, American Trust Company, Upham Shoe Company and Sanders, must answer said petition on or before the 1st day of May, 1926, said petition will be taken as true and judgment rendered in said action of said plaintiff and against favor said above and other in this action, adjudging and to be due uptwo certain notes executed John and delivered to Shafter one note for the sum of $1700.00, interest thereon at the rate of ten per cent annum from October 1921, and note for $2000.00 with interest at the rate of ten cent per num from January 1922 until paid, and the further sum of $370.00 attorney's fees, and all costs of this action in favor of said plaintiff and against said defendants above named and other defendants in this action, for the foreclosure of certain real estate mortgage securing the pay ment of said notes, interest, attorney's fees and costs of suit, upon the fol. lowing described real property and situated in McCurtain County, State of Oklahoma, to-wit: Lot 10, Block 12 in the original town of Haworth, Oklahoma, and platted as Harrington, Ind. Ter. together with all interest accrued and therein; and further adaccruing judging default has been made and mortgage, and that said first and prior lien plaintiff has upon and against said premises, amount for which judgment be taken as establishing and finding that all said sums mentioned above are first, and prior lien upon said superior premises, in favor of said plaintiff, said sold with and ordering premises and the proceeds plied to the payment the several together with sums fees of $370.00 and the this action; and forever barcosts ring, and said American Trust Company, Upham Shoe Company and Sanders and each of them, and each and all other of and from right, title, interest, claim, any property equity or redemption said and ever part premises thereof. Witness my hand and seal of said court this 19th day of March, 1926. (SEAL) BASCOM COKER. Court Clerk PAUL STEWART, Attorney for Plaintiff. (First published March 13, out April 1926) NOTICE OF APPLICATION FOR DEED STATE OF OKLAHOMA, M'CURTAIN TO: Lang. lois, and if dead, their unknown heirs, devisees, executors, administrators, trustees, assigns, and grantees, and to owners, and persons owning or claiming any right, title or interest of any nature kind and to the real estate herein described, AS OWNERS, and to any persons possession of the hereafter described estate. You and each of you are hereby notified that the undersigned Zuzi Kovach is the owner and holder of Tax Sale Certificate numbered 105, issued by the Treasurer of McCurtain County, State of Oklahoma, on and covering the described real lands and situate, lying and being in said County, and State of NE% of Section 13 Twp. South and Range 26 East. and each you are hereby notified that the above land the 6th day of November, legal notice been given provided by law, by the Treasurer Curtain County for the taxes levied there on for the year which said taxes were not and the said tract of land was by the County Treasurer for McCurtain Oklahoma, and thereafter County, signed said County's Interest in and said Tax Sale Certificate to Zuzi Kovach. Now therefore, unless demption is made from said sale authorized agent or your torney or before sixty days from hereof, wit: on before service the 14th day May, 1926, the undersigned Zuzi Kovach as the legal holdof said certificate of purchase, demand of the County Treasurer of McCurtain County, Oklahoma, that deed issue to him for the above described real estate as provided by Dated this 11th day of March, 1926. ZUZI KOVACH, Certificate Owner. (First published March 20, out April 10, 1926) IN THE DISTRICT COURT WITHIN AND FOR COUNTY, OKLAHOMA. No. 6022 Eberle, Plaintiff, vs. Richert Defendant. NOTICE BY PUBLICATION The State of Oklahoma to J. Richert, Defendant. NOTICE hereby given to the defendant, Richert that he has been sued in the above entitled action in said court and that the filed he must answer petition against on or before the 3rd day said petition will be May, 1926, or taken as true and rendered against him quieting the title of the plaintiff in and to the following real estate in McCurtain scribed County, Oklahoma, The SE% of Section 18, Township South, Range 23 East. in the event that plaintiff's tax to real estate void, voidable defective that he have judgment fixing the amount he has pended in said tax deed, and the amount of the taxes he has said real estate and the penalties interest and costs of said taxes and the costs of this action including fee herein in the sum attorney's $100.00, and declaring said amounts lien upon the above described lands, further order and judgment tax lien herein plaintiff's upon said real estate and ordering same sold as the law provides without appraisement to satisfy said tax lien, interest, attorney's fees and costs, after sale same, that said defendant has no right, title or interest in said real estate. Dated this the 20th day of March, 1926. BASCOM COKER, Court Clerk By A. Deputy. C. RAY, Atty. for Plaintiff. (First published March 24, out April 1926) NOTICE OF HEÁRING PETITION TO DETERMINE HEIRSHIP STATE OF OKLAHOMA, SS. County IN COUNTY COURT In the matter of the determination of the heirs of Charles Williams, deceased, Choctaw Indian, enrolled opposite Roll No. 3717. No. 3286 Sarah Tate, nee Fowler, et al, Petitioners, Plaintiffs. James Williams, et al, Defendants. THE STATE OF OKLAHOMA TO The unknown heirs, executors, admin- successors, grantees, assigns and trustees, remote of Charles Williams, deceased, and any person claiming under the heirs, the known heirs, their executors, devisees, trustees, assigns, grantors, grantees mediate remote of Charles Wilthat Tate Fowler Wilson, Rosetta Lillian Aubery have filed their petition in County Court of McCurtain Counalleging that Charles Choctaw Indian, duly enrolled as such upon rolls of the Choetaw Tribe of Indians, opposite Roll No. 3717; That said Charles Williams died McCurtain County, State Oklahoma, at near the Town or about the day August, 1911; that the death he was the owner of the following described real estate, toW½ of NW% of NW%; and of of and NW% of of NW% 26, Township South, Range 21 East: of of and SE% of SW% of NW% of Section Township South, Range 21 East, and situate the County of State of That the said Charles Williams him as his sole and only heirs at law George Wilson, Sarah Tate, Fowler, Rosetta Fowler, and Lillian Fowler, nieces; Aubery R. Irons, And you and each of you are herenotified that said petition for the determination of fact as to who are heirs at law of the said Charles illiams, deceased, has been set for hearing the hour of ten o'clock on the 10th day of May, 1926, the court room of the County Court the Town of Idabel, McCurtain Oklahoma; And you and each of you are heredirected to appear the court the time and place specified and submit to the Court to establish the question of fact as to who are the heirs at law of Charles Williams, and you must answer the petition filed herein on or before the hour of ten o'clock the 10th May, 1926, or said petition will be taken as true and judgment rendered matter fact that the said Charles left surviving him George Sarah Fowler, Rosetta Fowler and Lillian Fowler, nieces, and Aubery R. Irons, as the only heirs to the estate of the said Charles Williams, deceased, as of the date of death. (SEAL) (SEAL) CARR, County Judge of McCurtain County, Oklahoma. BASCOM COKER, Court Clerk of McCurtain County, Oklahoma. By A. BARTLETT, Deputy J. N. FORTNER, Atty. for Plaintiffs. National garden week, April 18 25. It's short road that has no filling station. Every good road built is an investment and paying one. The prone is 50 year old, and we'll say that it has improved with age. CHEVROLET CO. BREAKS ALL PREVIOUS MONTHLY SALES RECORDS FOR FEBRUARY Chevrolet dealers in February delivered 32,504 cars, the largest numever sold in that month in the history of the company The quota set for the thirty sales zones of the company was 22,002 estimate based on conservative examination of the prospective February demands. When the total sales for the month were tabulated it was found that the increase in sales was 147.7 cent of the quota. Despite decided increases made in the quota set for February it was found the zones had practically exceeded their allotments. In January every sales zone exceeded its quota, ranging from 112.9 per cent in the Jacksonville zone to 275.4 per cent in the Omaha zone. The Omaha zone, established only three months ago, again led the zones exceeding their February allotments, with percentage of 398.3. Minneapolis zone was second with 304.9 per cent of its quota, reflecting the unprecedented growth of the Northwests diversified industries. Oklahoma City was third with 255.4 per cent quota, Atlanta fourth, with 249 per cent and Des Moines fifth, with 243.8 per cent. Of the six sales regions, Great Lake region led in February, with Middle West, Southeastern, Flint, Atlantic Coast and Pacific Coast regions in the order named. While the original factory production for March was set at 54,553 cars, has already been found necessary to make three additional increases in this schedule, bringing the total number to be built this month to 59,244 cars, not including the 4367 cars to be built in the Chevrolet Canadian plant at Oshawa. Some of the Wall Street operators know how the farmer felt about the price of We're sorry about Pershing's teeth, but he should have let Peru and Chile do all the gnashing. Miami's boom has not collapsed, just relaxed, so say the despatches. That's a difference worth noting. The 1926 bathing suit styles now running in the papers look very promising. Conservatism seems to be the motto. everybody's business makes living in Idabel to help constantly in the making of it a greater town. The North Pole might as well give up. Wilkins and a few other expeditions will be off this year to search for it.


Article from Muskogee Times-Democrat, December 31, 1926

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BANK RECEIVER CHARGES IDABEL STOCK JUGGLED Suits seeking judgments totalling $9500 were filed in federal court here this morning by Jacob A. Salmon. received for the First National bank of Idabel. against a number of stock. holders in the defunct depository. Defendants include Lemuel S. De. berry, Max Sinquefield, R. M. Love, John M. Craig, George E. Dean, James P. Boddy and Joe Sessions. The suit against Deberry, Sinquefield and Love relates that the Idabel bank first closed in November 1923 and that additional stock was issued so that the bank might reopen. Through Love and Sinquefield Deberry purchased $5000 worth of stock in the bank, the suit charges, evading the stockholders' liability law by having the stock Issued to his friends. who were themselves insolvent and unable to pay any assess. ment which might be levied against them if the bank failed again. At the time the bank first closed its doors, Deberry had $16,000 on deposit there. The suit declares that he invested in the bank's stock 80 that it might reopen; withdrew his deposit and then lost interest in the depositor's affairs The suit asks that Deberry be declared owner of the $5000 worth of stock now in the name of Love and Sinquefield, and that he be forced to pay the 100 percent assessment levied against the stock by the of the currency when the bank failed for the second time February 18, 1925. is charged in other suits that stockholders transferred ownership of their stock to minor children. who had no and money could not pay the liability assessment.


Article from Muskogee Daily Phoenix and Times-Democrat, January 7, 1927

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IDABEL BANK RECEIVER SEEKS $10,000 SUIT Three Defendants Charged With Attempt to Evade Stockholders' Liability Assessment 50 SHARES ARE INVOLVED Seeking to collect $10,000 in judgments on stockholders' liability assessments, Jacob A. Salmon, receiver for the First National bank of Idabel. filed suit in federal court here yesterday against John C. Head, C. Head and H. C. Morris. The suit charges that 50 shares of stock in the Idabel bank were purchased by John C. Head, but that the stock was issued to C. Head and Morris, alleged insolvents, in an attempt to evade liability assessments levied by the comptroller of currency after the bank closed. John C. Head also was named defendant in similar suit filed yesterday by the receiver for the First National bank of Broken Bow against him and M. A. Morgan. Judgment for $500 is sought.


Article from McCurtain Gazette, February 16, 1927

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(In Feb. March 9) NOTICE OF SHERIFF'S SALE. No. 5663 Georgia State Savings Association Plaintiff George M. Herron, et Defendants Notice is hereby given that in pursuance an order of sale issued of the District Court of McCun County, on the 31st day of January, 1927, an action wherein Georgia State Savings Association was plaintiff and George Herron, Grace Herron, The First National Bank of Idabel, Jacob Salmon, Receiver of the First National Bank of Idabel, Fred Hood, Mary B. Hood, The Hugo Na-


Article from McCurtain Gazette, April 28, 1928

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A STEADY GROWTH. Idabel is growing, not a boom, but a steady growth. We don't believe in booms, they never prove profitable. All we need in Idabel is to pull for the town, pull with the truth, no deceptional flattery will stand up. The Chamber of Commerce at this time is on the right track, encourage the farmer, plant enough feed crops to take care of home consumption. Raise a diversified crop, encourage people to move to our town. Buy a home, if you haven't got the money, see the Building and Loan Association of this city, they are advertising for loans, work for the schools of your city and county. Every dollar spent in a school is building a foundation for a future generation. It makes a better qualified citizenship to preceed us. Assist your newspaper man by a liberal patronage to make his paper a factor in the town. There is not a better index to a good live wire town than a good clean up-to-the-minute newspaper and a good school. essential to the progress of any town. Idabel is growing, it will continue to grow if we pull together. New people are coming into our town every day looking over the field with a view of locating here. Encourage them, tell 'em our advantages. Take them over the town, and over our fine farming lands. They will be pleased. The Gazette has done as much as any other man or set of men, to induce people to locate here and we don't feel like our efforts have been in vain by any means. Remember we are just at this time getting over the reaction and kick backs of the worst calamity ever befell our town, the failure of the old First National Bank of this city and sooner it is forgotten the better. Watch Idabel Grow.


Article from Muskogee Daily Phoenix and Times-Democrat, September 19, 1928

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'IKES' PRESENT MOVIES Free Show to Be Offered at Athletic Park Tonight: State Forester To Speak "Arrange for 200 Seats Before the special train was ranged. Mr. Bonds had announced that reservations had been made for 200 from Muskogee county in the Coliseum where Governor Smith will appear, and that arrangements would be made to handle any more if that numwere exceeded. With the decision by the Friseo to run the special train, Mr. Bonds belleves 300 persons will go to Oklahoma City from this county and therefore has asked George D. Key, state chair man. to set aside a block of 300 seats for this county. badges, which will be the insignia permitting entrance to the coliseum. are held at the demo. cratic headquarters here and all democrats are urged to obtain them before they leave for Oklahoma City so as to avoid any confusion there, well as to guard against any Muskogeean be ing denied admittance to the hall. For those who are unable come to Muskogee before going to the state capital supply of badges will be taken to Oklahoma Several of the democratic leaders will leave tonight in order to be on hand for the parade in Oklahoma City which starts at 10 o'clock morning The local committee urges as many as possible to be on hand to participate in the parade. Asked to Report yah school. All democrats, whether they can Mr. A. G. Harmon leaves on the call for badger or not, asked to Flyer for St. Louis to spend several telephone democratic headquarters days. here today 80 an accurate estimate of F. M. Robinson is drilling in his the number planning to attend may be well on the Tulsa Hershey allotobtained advance. Headquarters ment, section Muskogee telephone number is 1418. field. He has good showing in the Mr. Bonds emphasized the fact that first there will be no trouble getting all the Pay ing contracts illegal, asserts county delegation seated if the comcity counsellor, mittee here advised since 15,000 sents are being set aside for out of town delegations. That leaves 25,000 seats for Oklahoma City residents, but Mr. Key has advised local officials that if the out-of-town delegations number more than 15,000 the excess will be given seats in the Oklahoma Outdoor life will be featured in a City section and that none of the capmotion program presented in Athletic ital residents will be seated until all park at o'clock tonight by the Izaak out of town visitors are provided for, Walton Jeague, Admission to the ontertainment, part of the league's eduBANK'S RECEIVER SUES cational campaign. will be free. "Trees of Righteousness, a forest Seeks More Than $13,000 Said to Be preservation picture will be among the Due on Notes Executed Five films exhibited This was filmed just Years Ago east of Muskogee in Arkansas A two reel animal picture, "When Elk Come Petition was filed in district court Down,' and short comedy will com- vesterday morning by Jacob A. Soloplete the motion picture program In man. receiver for the First National addition to the movies there will be 20 bank of Idabel, against G. P. Baker slides of outdoor scenes in Oklahoma. alleged owe the insolvent instituFrank W. Gibbs, assistant state for. tion $13,963.43 on notes executed in ester and Bob Liddell, a member of the local Izaak Waltons, will have The plaintiff points in the pecharge of the program. tition that Baker has steadfastly re-,


Article from The Oklahoma Banker, March 1, 1929

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THE OKLAHOMA BANKER for March, 1929 About Banks and Bankers The Security State Bank, Comanche, Okla., for their thrift campaign used the slogan, "Think, Have Money." Cecil E. Harrow has been elected to the Board of Directors of the Columbia National Bank, Kansas City, Mo. A. B. Elias, Vice President of the Southwestern Bell Telephone Company, has been elected a director of the MerchantsLaclede National Bank, St. Louis, Mo. O. L. Bane, Vice President, First National Bank, Waynoka, Okla., advises the contract has been let for extensive remodeling of the interior of the bank. J. A. Salmon, who has been receiver of the First National Bank, Idabel, Okla., for several years, has resigned and will accept a similar position at Bixby, Okla. O. A. Gilbert of Cleveland, Okla., has been appointed by the State Bank Commissioner as liquidating agent of the Fidelity State Bank, Cleveland, Okla., which failed February 15. At a meeting of the officials of the Oklahoma State Bank, Ada, Okla., it was announced that John J. Fleet and Frank Fleet had been included as Directors of that financial institution. Depositors of the defunct First State Bank, Wilburton, Okla., have received a one-sixth dividend. This brought the total to date up to 50 per cent. The sale of the assets of the defunct Nowata National Bank, Nowata, Okla., by John H. Dykes, receiver, to Walter Burden of Nowata, has been disapproved by the Comptroller of the Currency at Washington, D. C. At a meeting of the Board of Directors of the Checotah State Bank, Checotah, Okla., Norman Strahl was elected Assistant Cashier. Mr. Strahl has been connected with this bank for several years in the capacity of bookkeeper. O. W. Jackson, Cashier, and connected with the First National Bank of Houston, Texas, for some 20 years, has accepted a position with the Guardian Trust Company of that city as Active Vice President. He assumed his new duties March 1. Arthur O. Holliday of Faxon, Okla., has acquired an interest in the American National Bank, Walters, Okla., and has been elected Vice President. Mr. Holliday assumes an active position in the bank but does not assume a place heretofore held by any officials of the bank. Mr. Holliday is the founder and President of the Faxon State Bank and will continue his connection with this institution. J. E. Moore, President, Capitol State Bank, has been elected head of the South Oklahoma City Commercial Club. Hiram Boulware Catlett, pioneer citizen, banker and business man of Weleetka, Okla_ died at his home in that city. The First National Bank, Elk City, Okla., will move to its temporary quarters April 1, while iss building is under construction. The Comptroller of the Currency has authorized the distribution of checks for the 10 per cent dividend to be paid by the defunct First National Bank of Collinsville, Okla. The Caddo National Bank, Caddo, Okla., announces that in the future it will be consolidated with the Atoka State Bank, which has assumed its liabilities and acquired its assets. Depositors of the wrecked "National Bank of Commerce in Shawnee," Shawnee, Okla., which closed its doors in April, 1924, received their final dividend check for 8 per cent recently. At a meeting of the Board of Directors of the Commercial National Bank, Durant, Okla., H. G. Wright was elected Assistant Cashier to succeed Dan Mason, who is moving to Caddo, Okla., to become Cashier of the First State Bank, newly organized. Another honor roll bank is the Bank of McAlester. This bank opened two years ago in May and has paid two 10 per cent dividends in that time, and has surplus and undivided profits a little over $1,000 more than their capital. This showing came from the net earnings. The First State Bank. Woodville, Okla. has financed ten 4-H Club boys within a radius of two miles of the bank with purebred registered heifers. The boys are to have two years in which to pay for the calves and in return will grow "cash" crops and feed crops, The First National Bank. Sand Springs, Okla, has surrendered its national charter and has taken out a state charter under the name of the First State Bank, with capital of $25,000 and surplus of $2.500. O. L Stewart is President, Matt White. Active Vice President, and H. E. Stewart is Cashier, T. G. Hinton, who has been in Paden. Okla., as Cashier of the First National Bank, has moved to Prague, Okla., and purchased the interests of C. P. Ellis, Cashier, Prague National Bank, and has been elected President, succeeding Mr. C. C. Bush, Sr., who is retiring as President of the bank, but will remain as Chairman of the Board. Other officers of the bank are: George T. Jepson, Vice President: C. C. Bush, Jr, Cashier, and J. E, Douglas of Shawnee is the new director.


Article from McCurtain Gazette, November 13, 1929

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NOTICE OF Certificate No. 1981. State of Oklahoma, County William Slinker, and dead, assigns, and grantees, and all or claiming any right, title interest any nature kind and to herein described, and to the person possession of the herafter described real estate: hereby notified that Section Township South, Range East, County, homa, after being duly advertised offered pubic auction there being bidders public McCurtain County, the County Treasurer compliance the law the for the and that thereafter August and the Brown and said Brown now the owner and holder such tificate. further notified that unless redemption said lands from such be made within sixty days from Nov. date publication that holder said certifidemand deed from County Oklahoma, conveying and vesting the an absolute estate in fee simple in said lands, and such deed by Dated November Holder of said tax certificate. County Clerk McCurtain County, Oklahoma. Hooks, Deputy. State of Oklahoma, McCurtain County, DISTRICT COURT Sutherland and May G. Sutherland Plaintiffs Freeman, and Defendants NOTICE OF SHERIFF'S SALE Number 6762 Notice hereby given that in purOrder of Sale issued out the District Court of County, Oklahoma, on the 4th day of 1929, an Sutherland and May Sutherland and Freeman, and were to me the Sheriff McCurtain County, commanding me and without appraisement the following described property: Lots and in Block 19, in Oak Lawn Addition Idabel, and situate County McCurtain, State Oklahoma; satisfy judgment and decree of foreclosure in favor said plaintiffs and against defendants obtained made court on the May, 1928, for the cent per from the 11th day of May, 1928, and fees, costs and costs on the 9th day of Decem1929, hour 10 o'clock of said date at the front door the court house in the City of said county and state offer sale and sell the highest bidder cash said property above so much will satisfy said judgment interest and costs. hand this 4th day November, CHAS. Sheriff of McCurtain County, By Willingham, Deputy. Tom Attorney Plaintiffs. First published McCurtain Gazette, Nov. NOTICE OR SHERIFF'S SALE Number Notice hereby that in order out the District Court of McCurtain County, State on day of October, 1929, action North American Life InsurCompany Chicago, tion, was plaintiff and Albert Lyda Latimer, Grocer Comcorporation, Pufahl, Receiver First National Bank Idabel, Oklahoma, First National Bank Idabel, corporation, John Gray defendants, the undersigned McCurtain County, State Oklahoma, commanding the following in McCurtain County, State Oklahoma, to-wit: and and Section Seuth, Range containing acres, more satisfy judgment and decree of foreclosure favor the plaintiff against said defendants, obtained made court the 19th 1929, for of with from the February, 1929, at cent per annum unthe further all costs of said action; and further and decree in favor of the defendant, Paris Grocer and against the other and made said court, in said cause, the $1,519.81 thereon at the rate cent annum from the 5th March, 1928 until paid, and further judgment and decree foreclosure favor Pufahl, Receiver of The First National Bank Idabel, Oklahoma, corporation, and against of the other of said defendants, obtained and made in court, in said cause, said day, for the sum of with interest on the 25th day of November, 1929, the hour of 10 o'clock of the front door the Court House in the city of Idabel, said county and state, offer for and sell to the highest bidder for cash, property much thereof will astisfy judgments with interest, attorneys' costs. Witness hand this of day October, 1929. CHAS. HOLMAN, Sheriff of McCurtain County, Deputy. TRICE, Hugo, Oklahoma. Plaintiff.