Article Text
FREUDENSTEIN APPOINTED B. M. Freudenstein of Brownsville, receiver for The Merchants National bank, has been appointed receiver for the First National bank of Lareno. The Laredo bank closed several years ago.
21204. First National Bank (Laredo, TX)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- national
- Bank ID
- 2486
- Charter Number
- 2486
- Start Date
- February 15, 1935
- Location
- Laredo, Texas (27.506, -99.508)
Metadata
- Model
- gpt-5-mini
- Short Digest
3957fc46
Response Measures
None
Receivership Details
- Depositor recovery rate
- 84.3%
- Date receivership started
- 1931-11-30
- Date receivership terminated
- 1935-05-22
Description
Article (El Heraldo De Brownsville 1935-02-15) states a receiver has been appointed for the First National Bank of Laredo and that the Laredo bank closed several years ago. No run is mentioned; bank is permanently closed with a receiver appointed in 1935.
Events (4)
1.
July 1, 1880
Chartered
- Source
- historical_nic
2.
November 30, 1931
Receivership
- Source
- historical_nic
3.
February 15, 1935
Receivership
- Newspaper Excerpt
- Freudenstein of Brownsville, receiver for The Merchants National bank, has been appointed receiver for the First National bank of Lareno.
- Source
- newspapers
4.
*
Other
- Newspaper Excerpt
- The Laredo bank closed several years ago.
- Source
- newspapers
Newspaper Articles (1)
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