State Bank - Stratford, OK

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: March 3, 1922
Location: Stratford, Oklahoma (34.797, -96.959)

Metadata

Model: gpt-5-mini
Short Digest: fa1ab915

Response Measures

None

Description

Article (Evening Star, 1922-03-03) states 'The state bank of Stratford Okla., has closed its doors,' reported by the state bank commissioner. No mention of a depositor run or reopening; classified as a suspension that resulted in closure. No explicit receiver named in this item.

Events (1)

1. March 3, 1922 Suspension

Cause: Government Action
Cause Details: Closure reported via the state bank commissioner; implies action/oversight by banking authorities.
Newspaper Excerpt: The state bank of Stratford Okla., has closed its doors, according to information received by Roy Walcott, state bank commissioner.
Source: newspapers

Newspaper Articles (1)

1. March 3, 1922 Evening Star Washington, DC

Article from Evening Star, March 3, 1922

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Article Text

FINANCE AND TRADE NOTES. The state bank of Stratford Okla., has closed its doors, according to information received by Roy Walcott, state bank commissioner. Sale of 216 oil leases in the Osage Indian reservation, offered at auction at Pawhuska, Okla., under supervision. of the government. brought $3,956,550. R. J. Reynolds Tobacco has declared a quarterly dividend of 1% per cent on preferred stock and 3 per cent on common stock, payable in cash April 1. Tuscarora Rubber, with a capital of $1,500,000. has been placed in receivership by Judge W. A. White. C. C. Adams and Henry Krantz were named to care for the interests of the 1.600 stockholders. largely in Ohio and West Virginia. A contract for building 500 automobile cars has been awarded the Pullman Company by the Burlington road. Mississippi Barge Line in 1921 carried 443.267 tons of freight and earned $1,779,056, according to official report. In 1920 160.702 tons were carried and the revenue was $695,138. Belding Bros.. who recently authorized increase in capital stock from $8,000,000 to $16,000,000, has voted to distribute the new issue in the form of a stock dividend. Declaring German competition is wrecking American toymaking, Bobby Toy Shops. a Rockford, Iil., corporation. has filed a voluntary petition in bankruptcy.