First National Bank - Watonga, OK

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 5804
Charter Number: 5804
Start Date: September 26, 1925
Location: Watonga, Oklahoma (35.845, -98.413)

Metadata

Model: gpt-5-mini
Short Digest: e9059cee

Response Measures

None

Description

Article (The Frederick Leader, 1925-09-26) states that voluntary liquidation papers were filed with the Comptroller of the Currency and the First National Bank of Watonga is being absorbed by the First Bank and Trust Company of Watonga. No run or suspension for illiquidity is mentioned; this is a voluntary liquidation/absorption resulting in permanent closure.

Events (3)

1. May 10, 1901 Chartered

Source: historical_nic

2. July 21, 1925 Voluntary Liquidation

Source: historical_nic

3. September 26, 1925 Suspension

Cause: Voluntary Liquidation
Cause Details: Voluntary liquidation papers filed with the Comptroller of the Currency; bank to be absorbed by First Bank and Trust Company of Watonga.
Newspaper Excerpt: WATONGA-Voluntary liquidation papers have been filed with the comptroller of currency by the First National bank of this city. The bank is being absorbed by the First Bank and Trust company of Watonga.
Source: newspapers

Newspaper Articles (1)

1. September 26, 1925 The Frederick Leader Frederick, OK

Article from The Frederick Leader, September 26, 1925

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Article Text

CREWS SEARCH SEA'S BOTTOM FOR LOST SUBMARINE (Continued from page 1) near the scene of the crash at 7:30 o'clock this morning. The undersea boat is believed to be resting on the bottom of the sea, 130 feet from the surface. According to officers, it will be possible to raise the craft within twelve hours, if it is located and grappling hooks successfully placed A crew of divers are aboard the Camden. The passenger steamer, City o: Rome, in command of Captain J. H. Diehl, is a 3,000 ton vessel, engaged in coastwise West Indian trade. Reports from the ship said that she was crusing at normal speed, en route from Savannah, Georgia, to Boston when she crashed into a sub at a point off of Block island, 30 miles south of Newport. Immediately after the crash, the City of Rome put about to find the wide sweep of oil resting over the spot where the craft dropped from sight. The only three men who escaped were taken aboard and the City of Rome resumed her course to Boston, where she will arrive early this afternoon. While the blanket of oil which rose to the surface indicates that the submarine may be broken up, officers in Newport continue to hold out hope for the men aboard. Each compartment in the sub is airtight and the men can live in them for several hours. WATONGA-Voluntary liquidation papers have been filed with the comptroller of currency by the First National bank of this city. The bank is being absorbed by the First Bank and Trust company of Watonga.