Article Text
BANK RECEIVER SUES George receiver for the First National Bank Mansfield, which closed on May 14. 1927. yesterday suit in United States against Stone collect which alleged Stone the on three promissory notes.
18429. First National Bank (Mansfield, TX)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- national
- Bank ID
- 7201
- Charter Number
- 7201
- Start Date
- May 14, 1927
- Location
- Mansfield, Texas (32.563, -97.142)
Metadata
- Model
- gpt-5-mini
- Short Digest
aa29ccb2d2bda99d
Response Measures
None
Receivership Details
- Depositor recovery rate
- 100.0%
- Date receivership started
- 1927-05-25
- Date receivership terminated
- 1928-10-15
- OCC cause of failure
- Fraud
- Share of assets assessed as good
- 44.2%
- Share of assets assessed as doubtful
- 37.5%
- Share of assets assessed as worthless
- 18.3%
Description
Article states First National Bank, Mansfield closed on May 14, 1927 and mentions a receiver (George) bringing suit. No mention of a depositor run; bank was closed and placed in receivership. OCR errors in the clipping (missing punctuation/words) corrected where obvious.
Events (4)
1.
April 6, 1904
Chartered
- Source
- historical_nic
2.
May 14, 1927
Receivership
- Newspaper Excerpt
- George receiver for the First National Bank Mansfield, which closed on May 14. 1927. yesterday suit in United States against Stone ... alleged Stone ... on three promissory notes.
- Source
- newspapers
3.
May 14, 1927
Suspension
- Cause
- Government Action
- Cause Details
- Bank closed and a receiver was appointed (receiver George); closure reported May 14, 1927.
- Newspaper Excerpt
- First National Bank Mansfield, which closed on May 14. 1927.
- Source
- newspapers
4.
May 25, 1927
Receivership
- Source
- historical_nic
Newspaper Articles (1)
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