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.
21219. 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
4e347b92
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 the First National Bank of Mansfield closed on May 14, 1927 and a receiver is suing — indicates the bank suspended and entered receivership (permanent closure). No mention of a depositor run in the text provided.
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 collect which alleged Stone the on three promissory notes.
- Source
- newspapers
3.
May 14, 1927
Suspension
- Cause
- Government Action
- Cause Details
- Bank closed on May 14, 1927 and receiver appointed (closure by regulatory/receiver action).
- Newspaper Excerpt
- George receiver for the 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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