18147. Oklahoma National Bank (Oklahoma City, OK)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
4770
Charter Number
4770
Start Date
January 1, 1893*
Location
Oklahoma City, Oklahoma (35.468, -97.516)

Metadata

Model
gpt-5-mini
Short Digest
5bb04067

Response Measures

None

Description

Articles report the Oklahoma National Bank 'went into voluntary insolvency and transferred all its business to the First National bank' (June 3, 1895). No run is mentioned. The bank had earlier failed in 1893 and passed into receivership then reopened; that prior event is noted as historical context but the 1895 action is a voluntary insolvency and transfer, consistent with a suspension leading to permanent closure/takeover.

Events (4)

1. July 1, 1892 Chartered
Source
historical_nic
2. January 1, 1893* Other
Newspaper Excerpt
This bank failed in 1893, passing into the hands of a receiver and finally reopening, but could not regain its lost prestige.
Source
newspapers
3. June 3, 1895 Suspension
Cause
Voluntary Liquidation
Cause Details
Bank entered voluntary insolvency and transferred all business to First National Bank; described as inability to regain lost prestige after earlier failure.
Newspaper Excerpt
The Oklahoma National bank went into voluntary insolvency and transferred all its business to the First National bank.
Source
newspapers
4. July 15, 1895 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (2)

Article from The Evening Herald, June 4, 1895

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Article Text

Oklahoma Bank Closed. OKLAHOMA, O. T., June 3.-The Oklahoma National bank went into voluntary insolvency and transferred all its business to the First National bank. The bank failed in 1893, passing into the hands of a receiver and finally reepening, but could not regain its lost prestige.


Article from Union County Courier, June 6, 1895

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Article Text

SOUTHERN. BIRMINGHAM, Ala., special: Near Moulton, Lawrence County, Miss Jane Caldwell, the 17-year-old daughter of a wealthy planter, cut her throat with an old knife. She had an appointment to attend a dance with James Jennings. Jennings failed to come for her and she went to the dance with her brother, only to find Jennings there with another girl. When she upbraided him for his faithlessness Jennings laughed in her face. On returning home she retired to her room, heartbroken, and when found a short time afterward was dying with the bloody knife in her hand. PINEVILLE, Ky., special: A battle occurred on Straight Creek, fifteen miles from here, in which John Helton was killed and James Belcher and Charles Johnson was badly wounded. There were on the other side three men and a woman who could handle a rifle with the best of men. The Helton crowd was surrounded and fired upon from ambush. They returned the fire and think some of their enemies were wounded and carried to the mountains. The battle grew out of a series of lawsuits. CHARLESTON, W. Va., special: Burglars entered the bank at Anderson, Monroe County, blew open the safe and carried off $5,000-practically all it contained, as most of the funds was deposited at Ronceveral, thirty miles distant, the bank having no vault. The robbers escaped, leaving no clue. The postoffice and a hardware store was robbed and another store's cash drawer was looted. The burglars secured about $100. It is thought to be the work of an organized gang HENDERSON, Ky., special: John Swanason, colored, was killed while attempting to break jail. A conspiracy to escape had been found to exist among several of the prisoners, which when they attempted to acomplish it, resulted in the death of the leader. Swanagan was a powerful fet ow, and before he was subdued he whipped Jailer Kohl, Deputy Jailer Whitehead and three negro trusties. The coroners's jury returned a verdict exonerating the jailer and his assistants. LITTLE ROCK, Ark., special: Deputy Sheriffs Ed Edwards and Willis Baxter were sent out on the line of the Little rock and Monroe Railroad near Mon. oe, La., to apprehend a man named Hugh Abrams who had been in the habit of shooting into passenger trains on the outskirts of the city. They met in the dark and mistook each other for the culprit and opened fire. Edwards dropped dead in his tracks and Baxter received a fatal wound. VANCEBURG, Ky., special: Major William Hardiman, one of the oldest and wealthiest men of Lewis County, was found dead on the road leading to this place, with three rifle balls in his body. Suspicion points to another wealthy resident of the county as his assassin, as the men had been deadly enemies for years, and the man under suspicion had openly declared years ago that some day he would kill Major Hardiman. PARKERSVILLE, W. Va., special: David Weaver of Cairo, Ritchie County, on whose land a big 240-barrel a day well was struck, died of heart disease resulting from excitement over his stroke of good fortuue. He had been in poor circumstamcès all his life and the prospects of sudden wealth was too much for him. OKLAHOMA CITY, Oklahoma, special: The Oklahoma National Bank went into voluntary insolvency and transferred all its business to the First National Bank. This bank failed in 1893, passing into the hands of a receiver and finally reopening, but the institution could not regain its lost prestige. HENNESSEY, Oklahoma. special: The first rain here since October has begun falling. It is too late to help wheat, but will be valuable to other crops.