20140. Lingle State Bank (Lingle, WY)

Bank Information

Episode Type
Suspension โ†’ Closure
Bank Type
state
Start Date
January 21, 1925
Location
Lingle, Wyoming (42.136, -104.346)

Metadata

Model
gpt-5-mini
Short Digest
5e437fc35897d39b

Response Measures

None

Description

Articles (Jan 21, 1925 and Mar 10, 1926) report a receiver (Joe Wilde) appointed for Lingle State Bank by Judge C. O. Brown and later distributing dividends, indicating the bank was placed in receivership/closed and liquidated. No mention of a depositor run is given, so this is classified as a suspension leading to permanent closure (receivership).

Events (3)

1. January 21, 1925 Receivership
Newspaper Excerpt
Joe Wilde of Lingle was appointed receiver for the Lingle State bank for six months without pay by Judge C. O. Brown. Joe McLonald, formerly cashier, was appointed assistant cashier.
Source
newspapers
2. January 21, 1925 Suspension
Cause
Government Action
Cause Details
Judge appointed a receiver for the bank (court/official action leading to suspension).
Newspaper Excerpt
Joe Wilde of Lingle was appointed receiver for the Lingle State bank for six months without pay by Judge C. O. Brown.
Source
newspapers
3. March 10, 1926 Other
Newspaper Excerpt
Joseph Wilde, receiver of the Lingle State bank is paying a 13 per cent dividend. This is the second dividend the receiver has issued, the first having been for 12 per cent.
Source
newspapers

Newspaper Articles (2)

Article from The Cody Enterprise, January 21, 1925

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Article Text

LATE NEWS From All Over WYOMING Declaring that he had fired only after he himself had been held up and shot at, Millerino Cortino of Medicine Bow gave himself up to the police following the death of Andrese Vela, whom he is said to have shot through the heart. The action of the jury, which rendered a verdict of guilty, and the sen:ence Imposed by Judge C. O. Brown, presiding over the 1923 fall term of the District Court, in the case of Lynn 2 Skinner, tried for arson, was sus :ained in a decision handed down in Lusk by the Supreme Court of Wyoning. The total number of standardized schools in Platte county was increased O twenty-two with the award of standard plates to the Keas, Muir and Ayers schools in district 9, and the Waters, Jones-Hytrek and Sudbury schools in district 13. District 9 now eads the state in the number of standardized schools. Due to the serious outbreak of a lowl pest, which is sweeping over sevgral states, killing many fowls, a quarintine has been ordered against the importation of fowls by the state of Wyoning. The quarantine bars any shipnent of hens, roosters, capons, chickens, geese, ducks, turkeys and pigeons. The quarantine covers shipments into Wyoming from every state in the Union and the District of Columbia. The total value of Wyoming crops this year is estimated at $29,125,000, or $1,015,000 less than that of 1923, according to the annual crop report 18sued by the U. S. Division of Crops and Livestock estimates. The farm value for all crops is somewhat higher this year than last, but due to the ower yields of hay, the all important :rop, and corn and potatoes, the total value is lower. Statistics for 1924 show the petroleum Industry leads all other industries n Wyoming for the year just ended, although the production figures for the year did not quite equal the total output for 1923. Total production in the state for 1924, with the month of Derember estimated. is placed at 40,761,367 barrels. with an estimated valuadon of $191,571,425 after converted into refinery products. Hot ashes, carelessly placed in wooden containers or near combustible material, were responsible for more fires in Cheyenne during the year 1924 than any other one thing, according to the annual report of Fire Chief John W. Bates, which was made public by Mayor Allison last week. Hot ashes were responsible for twenty-four fires during the year, according to the report, with an approximate fire loss of $4,000. Two convicts at the Wyoming penitentiary at Rawlins became free through Christmas clemency exercised by Acting Governor Frank E. Lucas, on recommendations by the State Pardon Board. C. R. Pierce, sent up from Cheyenne In 1920 for from eight to ten years for automobile theft, was pardoned. Joe Omeye, sent up from Green River in 1920 to serve from twenty to twenty-one years for murder in the second degree, was paroled. B. Kelley has arrived in Torrington to take over the affairs of the First National bank as receiver. Beet checks have been returned to the farmers except in cases where the farmers had a note in the bank against them. M. F. Dalley was appointed assistant receiver. Joe Wilde of Lingle was appointed receiver for the Lingle State bank for six months without pay by Judge C. O. Brown. Joe McLonald, formerly cashier, was appointed assistant cashier. Receipts of the Natrona county clerk's office during the last year in filing fees and other perquisites amounted to $26,800, an increase over uo 000'9$ JO V 000'9$ JO 1928 operation of the office was turned over to the county treasurer by Alma Hawley, who retired as county clerk change the with


Article from The Cody Enterprise, March 10, 1926

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Article Text

Wyoming News Epitomized Tipping a pot of coffee onto her right leg, caused the death of Elva Lucile, 12-year-old daughter of Clyde Carpenter, a rancher north of Powell. Masons of Burns, Pine Bluffs, Hillsdale and other points in that vicinity, held a meeting in Burns last week. The program included a banquet at the Hotel Burns. Joseph Wilde, receiver of the Lingle State bank is paying a 13 per cent dividend. This is the second dividend the receiver has issued, the first having been for 12 per cent. By a vote of 29 to 15, the high schools of the state decided to make permanent the rule barring pupils who have been in school for eight semesters from high school athletics. The Colorado Fuel & Iron Company is preparing to dismantle the Chicago mine, an iron working about eight miles from Guernsey and about a mile from the big open pit mine at Sunrise. The forerunner of what is expected to become a general state-wide movement is seen by University alumni in an announcement of the organization of a students' University of Wyoming club at Glenrock high school. W. D. Sperry, recently fined $100 and sentenced to the jail for 100 days for operating as a taxidermist without a license, walked out of the county jail at Laramie while a deputy sheriff was talking to another prisoner. To Rock Springs high school goes the distinction of being the first high school in the state to enter basketball and academic teams for the 1926 University of Wyoming high school week to be held at Laramie beginning March 15. The Union Pacific, in the interest of greater tonnage per mile, is running engines of the Mallet type in the freight service from Green River to Ogden, instead of taking them off at Evanston and turning them around, making a difference of not to exceed ten or twelve laborers at the Evanston shops. A governor of state should not permit appeals to sympathy to obscure his sense of responsibility to society and cause the unrestrained use of his powers in granting clemency to criminals, Gov. Nellie Tayloe Ross, Wyoming's woman eexcutive, said last week in expressing her opinion of pardoning convicts. Sunrise is to have a new $45,000 addition to the present school plant. A bond election was held recently which carried by a large majority. The building will include a large gymnasium and several class rooms. Work will be started this spring and the building will be ready for the opening of school next September. Gov. Nellie Tayloe Ross does not contemplate interfering with the Elks amateur boxing tournament, scheduled for March 3, 4, 5 and 6 in Cheyenne, but cannot guarantee immunity from interference, she states in a letter to D. E. Woodson, exalted ruler of the lodge. The matter, the governor's letter says, is one for local authorities. George Nottingham, special deputy state examiner in charge of the closed Shoshoni State bank, is preparing to distribute checks settling in full $5,139.79 of preferred claims against the bank and paying a dividend of 40 per cent on other claims. The unpreferred claims which have been allowed total $102,533.79. The bank closed about a year ago when a fire destroyed a portion of its records. Harry Shad, cashier of the bank, recently was acquitted of embezzlement of funds of the bank. The annual meeting of the Washakie County Fair board was held in Worland last week at which time many important matters were discussed and directors for the coming year were elected. September 8th and 9th were set as the days for the fair this year.