National Livestock Bank - Fort Worth, TX

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 4946
Charter Number: 4946
Start Date: November 1, 1897
Location: Fort Worth, Texas (32.725, -97.321)

Metadata

Model: gpt-5-mini
Short Digest: 0c6ed40e

Response Measures

None

Description

Articles state the National Live Stock Bank (Fort Worth, TX) went into voluntary liquidation by stockholders' resolution (Nov 1, 1897). A receiver was later appointed by the district court (Dec 22, 1898) to wind up affairs; stockholders in Jan 1899 elected liquidating agents to complete liquidation. No run is described. Classified as suspension_closure (suspension/voluntary liquidation leading to receiver and permanent closure).

Events (5)

1. March 28, 1894 Chartered

Source: historical_nic

2. November 1, 1897 Suspension

Cause: Voluntary Liquidation
Cause Details: Stockholders passed a resolution (dated Nov 1, 1897) to go into voluntary liquidation.
Newspaper Excerpt: The National Live Stock bank of Fort Worth, Texas, has gone into voluntary liquidation by resolution of its stockholders dated November 1, 1897.
Source: newspapers

3. November 1, 1897 Voluntary Liquidation

Source: historical_nic

4. December 22, 1898 Receivership

Newspaper Excerpt: In the Seventeenth district court today ... Judge Harris appointed G. W. Hollingsworth receiver for the defendant bank ... authorized to receive all assets of the bank and close up its business.
Source: newspapers

5. January 11, 1899 Other

Newspaper Excerpt: The stockholders of the National Live Stock bank today elected a board of directors and liquidating agents ... will apply to the district court ... for an order instructing the receiver to deliver all books, property and effects over to them and that they be allowed to liquidate the affairs of the bank.
Source: newspapers

Newspaper Articles (4)

1. November 23, 1897 The Herald Los Angeles, CA

Article from The Herald, November 23, 1897

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Article Text

National Bank Changes The latest bulletin of the comptroller of the currency, dated November 15, 1897, gives the following among other changes: Applications to Organize National Banks Approved-The National Exchange bank of Clayton, New York, with a capital of $50,000, by the following persons: R. P. Grant, Jacob Putnam, John Foley and others. The Exchange National bank of Meyersdale, Pennsylvania, with a capital of $50,000 by the following persons: A. F. John, Meyersdale, Pa.; Samuel P. Maust and others. Application to Convert to National Bank Approved-The Nevada bank of San Francisco, California, to The Nevada National bank of San Francisco, with a capital of $3,000,000. Liquidation-The Government National bank of Pottsville, Pa., has gone into voluntary liquidation by resolution of its stockholders dated November 8, 1897. The National Live Stock bank of Fort Worth, Texas, has gone into voluntary liquidation by resolution of its stockholders dated November 1, 1897. Insolvent-The First National bank of Helena, Mont., Eugent T. Wilson appointed receiver in place of Sam J. Brown (resigned), to take effect November 10, 1897.

2. December 23, 1898 The Houston Daily Post Houston, TX

Article from The Houston Daily Post, December 23, 1898

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Article Text

SUMMARY OF TODAY'S IMPORTANT NEWS. STATE. ASHINGTON. That a new State constitution is needea The minority report on the army bill will many believe. recommend the employment of only 80,000 Supreme court refused a rehearing In men, with the privilege of increasing It by Crary vs. Port Arthur company, making 50,000 volunte:rs for the next two years. its decision final. General Corbin's testimoony before the Austin police force has been enlarged war investigation committee showed that because of the numerous holdups. the war department had sat down upon Governor Culberson has directed the General Miles In every way possible. sheriff of Galveston county to prevent any Coionel Roosevelt's two letters to Genfurther prize fighting; and the sheriff eral Wood made public. In them the story says he will obey. of the sufferings of the men through lack A receiver has been appointed by the of food and medical supplies is plainly Fort Worth district court to wind up the stated. affairs of the National Live Stock bank. FOREIGN. Fort Worth workingmen are going to Porto Rico. London Times Havana correspondent First well In the development of the predicts that the people of Cuba will acFitestone county oil field Is now being cont American rule cheerfully. hared near Fairfield. Serious pro and anti-Dreyfus riots occur Court of criminal appeals has ended the at Toulouse. France. Tyler term and recessed for the holidays. Chile's new cabinet opposed to a paper Mrs. Hanson of Galveston suicided by currency. drowning herself in a cistern. In a recent speech at Shanghai Lord Cotton seed oil men met at Dallas and Beresford advocated an alliance between resolved to fight French tariff on oil and the United States, Germany, Japan and also had the railroad representatives up England for the purpose of shutting Rusfor a hearing on rates. sin in.

3. December 23, 1898 The Houston Daily Post Houston, TX

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Article Text

BUSINESS MATTERS. Receiver Appointed to Wind Up Affairs of National Live Stock Bank. Fort Worth. Texas, December 22.-In the Seventeenth district count today in the case of J. L. Pennington et al vs. National Live Stock Bank et al. Judge Harris appointe) G. W. Hollingsworth receiver for the defendant bank: this receiver is required to enter into a bond in the sum of $10.000 and is earthorizoi to receive all assets of title bank. and close UD its business. The defendants are enjoined from disposing of any of HILLS assets cit property of any natur belonging to said bank. The defend in the National Live Stock bank. M. C. Hurley, B. T. Tillar, J. M. Logan and A. J Roe-excepted to the order and gave notice of appeal to the court of civil appeals.

4. January 11, 1899 The Houston Daily Post Houston, TX

Article from The Houston Daily Post, January 11, 1899

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Article Text

BUSINESS MATTERS. National Live Stock Bank. Fort Worth, Texas, January )-The stockholders of the National Live Stock bank today elected a board of directors and liquidating agents, as follows: Judge William D. Williams, Mike E. Smith, Dr. E. L. Stephens, John M. Scott, W. S. Essex, J. M. Grant and David T. Evans. The newly-elected directors will apply to the district court, which recently appointed a receiver for this institution, for an order instructing the receiver to deliver all books. property and effects over to them and that they be allowed to liquidate the affairs of the bank.