First State Bank - Belton, TX

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 8, 1927
Location: Belton, Texas (31.056, -97.464)

Metadata

Model: gpt-5-mini
Short Digest: 396914a0

Response Measures

None

Description

Article (AP) dated Jan 8, 1927 reports the First State Bank of Belton was closed and placed in charge of the state banking department. No run or withdrawals are mentioned; closure appears to be by government action/receivership.

Events (2)

1. January 8, 1927 Receivership

Newspaper Excerpt: was closed and placed in charge of the state banking department today.
Source: newspapers

2. January 8, 1927 Suspension

Cause: Government Action
Cause Details: Closed and placed in charge of the state banking department (state banking department intervention).
Newspaper Excerpt: FERGUSON BANK CLOSED BELTON, TEXAS, Jan. 8.-(AP)The First State bank of Belton ... was closed and placed in charge of the state banking department today.
Source: newspapers

Newspaper Articles (1)

1. January 9, 1927 The Wichita Eagle Wichita, KS

Article from The Wichita Eagle, January 9, 1927

Click image to open full size in new tab

Article Text

FLYING BABY MOTH KARACHI, BRITISH INDIA, Jan. Lette, and Neville Stack, British civilian pilots, arrived here today in their Baby Moth planes. They have come virtually the same route as that followed by the British air minister, Sir Samuel Hoare in his flight to India, GORED TO DEATH BY BULL PRINCE GEORGE. B. C., Jan. 8.(P)-Robert J. Blackburn, manager of the Dominion government experimental farm here, was gored to death today by an enraged bull that had broken loose in the barn. The bull was shot, after terrorizing employes for an hour. FERGUSON BANK CLOSED BELTON, TEXAS, Jan. 8.-(AP)The First State bank of Belton, or ganized in 1909 by former Governor James F. Ferguson, was closed and placed in charge of the state bank ing department today. It had capital stock of $25,000.