21243. Quanah National Bank (Quanah, TX)

View Charter #4571 on SPMC

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
4571
Charter Number
4571
Start Date
December 14, 1910
Location
Quanah, Texas (34.298, -99.740)

Metadata

Model
gpt-5-mini
Short Digest
a7d8a40b

Response Measures

None

Description

Contemporary dispatches state the Quanah National Bank was closed by its directors and a national bank examiner placed in charge because of drought and bad crops in the Panhandle; later items refer to forced liquidation. No article describes a depositor run prior to suspension, so this is a suspension followed by closure/receivership due to local agricultural shock.

Events (2)
1. December 14, 1910 Suspension
Cause
Local Shock
Cause Details
Closed by directors and national bank examiner placed in charge because of drought and bad crops in the Panhandle of Texas.
Newspaper Excerpt
The Quanah National bank of Quanah was closed on Wednesday for the same reason.
Source
newspapers
2. January 5, 1911 Receivership
Newspaper Excerpt
Disclosures following the forced liquidation of the Quanah National bank of Quanah, Texas, caused the comptroller of the currency to issue an order ... install ... a uniform system of bookkeeping.
Source
newspapers

Newspaper Articles (8)
1. December 16, 1910 Santa Fe New Mexican Santa Fe., Santa Fe, NM
Article from Santa Fe New Mexican, December 16, 1910

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Article Text

DROUTH CLOSES TWO BANKS Pan Handle of Texas Hard Hit by Crop Failure This Year MAINE INSTITUTION SUSPENDS Cashier in Oklahoma Held Up by Thug at Point of Revolver. Washington, Dec. 16.-The Farmers and Merchant's Bank of Anson, Texas, has been closed by its directors and the National bank examiner placed in charge. This is the second national bank to fall into difficulty in the last week because of the drouth and bad crops which have been prevalent in the Pan Handle section of Texas. The Quanah National bank of Quanah was closed on Wednesday for the same reason. Maine Bank Closed Down. Saco, Maine, Dec. 16.-The Saco Saving Bank closed its doors today. This action was taken after a conference between the trustees and the state bank examiner. The bank has been doing business for 41 years. The assets have a book value of about $1,400,000. Oklahoma Bank Held Up By Robbers. Tulsa, Okla., Dec. 16.-Robbers held up Cashier Comer of the Prue State bank at Prue, Okla., at the point of a revolver this morning and took what cash was available and escaped. The amount taken has not been ascertained. Citizens are forming a posse to pursue.

2. December 22, 1910 The Citizen-Republican Scotland, Parkston, SD
Article from The Citizen-Republican, December 22, 1910

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Article Text

TEXAS NATIONAL BANK IS FORCED TO SUSPEND Washington, Dec. 18.-The Farmers & Merchants National bank, of Anson, Tex., has been closed by its directors and a national bank examiner placed in charge. This is the second national bank to fall into difficulty in the last week because of the drought and bad crops which have been prevalent in the Panhandle section of Texas. The Quanah National bank, of Quanah, Tex., was closed on Wednesday for the same reason.

3. January 5, 1911 The Raymer Enterprise Raymer, New Raymer, CO
Article from The Raymer Enterprise, January 5, 1911

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Article Text

THE LATEST IMPORTANT DISPATCHES PUT INTO SHORT, CRISP PARAGAPHS. STORY OF THE WEEK SHOWING THE PROGRESS OF EV NTS IN OUR OWN AND FOREIGN LANDS. 1 WESTERN. The Los Angeles Times has per, fected arrangements for the first delivery of newspapers by aeroplanes. I Arch Hoxsey, of Pasadena, Cal., holder of the present world's altitude record of 11,474 feet, flew over Mount North Texas is shivering under a cold wave. Amarillo, in the Panhandle, reports half an inch of snow and high winds. The city and county of Denver spent $167,797.78 to care for its poor in the year ending November 30th, according to report of county clerk. Luther Burbank has announced the creation of strawberry of new type "the Patagonia," which commences to ripen first and continues to bear the longest. Edward Tracy was arrested in Butte, Mont., after a chase of a year and is charged with an unusual of fense against the statutes, namely, stealing the same horse twice. The body of a man forty years old was found in Paola, Kans., in a car loaded with bricks. In his pocket was f und a receipt from a fraternal lodge at Anadarko, Okla., bearing the name of W. O. Bruze. Fred Cutler, a messenger boy, was run down and probably fatally injured in Guthrie, Okla., by an automobile carrying State Treasurer James Menefe. The car used emergency brakes. It was demolished. Eighteen feet of gold ore worth $75 per ton is the verified report of the big strike made recently at the Italian mine, belonging to the Leesburg Mining Company, about twenty miles from Salamon City, Idaho. The miners predict a stampede. Gold shipped by Alaska operators to the United States assay office at Seattie for the month of November, 1910, amounted to approximately $1,540,000 as against about $723,000 for November, 1909: the operating season was considerably longer than previous seasons. England and France, in a speed coalition, defeated America at Los An geles, in the first aerial derby ever run. Jas. Radley, the British speed champion, in a French Bleriot monoplane, beat Eugene Ely, driving a Curtis racer, and Phil Parmalee, in a "bahy" Wright, in an eight and three-quarter miles race. Disclosures following the forced II. quidation of the Quanah National bank of Quanah, Texas, caused the comptroller of the currency to issue an order directing every one of the 7,100 national banks in the United States to install what practically amounts to a uniform system of bookkeeping. / The secretary of the interior has approved the contract entered into by Supervising Engineer Savage of the reclamation service on behalf of the United States, with Samuel Thomas of Byron, Wyo., for the construction of distributory ditches under the Frannie canal and lateral A. of the Shoshone irrigation project, Wyoming.

4. January 6, 1911 The Meridian Times Meridian, ID
Article from The Meridian Times, January 6, 1911

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Article Text

# NEWS OF A WEEK IN CONDENSED FORM RECORD OF THE IMPORTANT EVENTS TOLD IN BRIEFEST MANNER POSSIBLE. Happenings That Are Making History -Information Gathered from All Quarters of the Globe and Given in a Few Lines. # INTERMOUNTAIN At the convention of the Utah Woolgrowers' association held in Salt Lake City, the sheep men bitterly denounced the action of the forest service officials with reference to the rules and regulations regarding the reduction in the number of sheep which are allowed on the national forests. After a cold night's walk of twenty miles, William Lockaby, a sub-contractor on the big irrigation ditch being built near Hall, reached Philipsburg, Mont., and gave himself up to the sheriff, asserting that he killed his partner, George A. Miller. According to the story told by Lockaby, the two men had quarreled about settlement of their affairs. Organization of Utah woolgrowers probably will be perfected to protest against the actions of forest service officials in cutting down the individual allotments on national forests and also to fight proposed reduction of tariff on wool. Professor Joseph F. Merrill of the University of Utah was elected president of the Utah State Teachers' association at the close of a most successful convention held in Salt Lake City. The Wright company will settle an annuity of approximately $1,000 on the widow and children of Ralph Johnstone, a Wright brothers aviator who was killed at Denver. Harry Bubb, after beating Robert Wheeler at Bull Lake, Mont., inflicting injuries which may prove fatal, returned to his cabin and shot himself. # DOMESTIC William Strickler shot and killed his wife and nineteen-year-old stepdaughter, Beulah Kile, in their home at Baltimore. Strickler then fired a bullet into his own body. Domestic trouble was given as the cause. After shooting and killing his wife in a fit of insane rage at New Boston, Iowa, and keeping a sheriff's posse at bay for hours, Christian Schock, a farmer, aged 40, was captured and placed in jail. He had recently been released from the asylum. Speaking before the American Home Economics association at St. Louis, Prof. Walter F. Wilcox of Cornell declared that there will be no children in the United States under 5 years of age in the year 2020. Babies, accordingly, will have disappeared from this country as early as 2015. Joseph Magee, widely known on the race track of this country and Canada as a bookmaker, dropped dead in San Francisco as he walking along the street. H. C. Beck, a passenger engineer, was found dead in the cab by his fireman while the train was running fifty miles a hour, near Bird-in-Hand, Pa. Death was due to heart disease. Becoming suddenly insane, Will Johnson, a negro farmer near Atlanta, Tex., killed his father-in-law, seriously wounded his wife and 10-year-old daughter, set fire to his house, and, barricading himself in a cotton gin, shot seven other negroes, two of whom probably will die, then killed himself. After an altercation at the depot in Tucson, Ariz., Pat Boyle, a Twin Butte miner, was killed by J. B. Canelli, a railroad officer, who is now under arrest. Canelli ejected Boyle from a train. Ben Murray and John Rutherford have been arrested at Hot Springs, Ark., charged with participation in the lynching of Oscar Chitwood. Eleven prisoners at the city farm near Leeds, Mo., a suburb of Kansas City, escaped after they had burned a window frame in their quarters to make an opening large enough for a man to squeeze through. Mrs. Rose Tessette, of Fort Wayne, Ind., pleaded guilty to manslaughter for having run over with her automobile and killed Irene Cox, aged nine years, August 20 last. Mrs. Tessette was sentenced to from two to twenty-one years in prison, but the sentence was suspended. State troops arrived at Weston, W. Va., at 1 o'clock in the morning and rescued William Furby, a negro, from an infuriated mob which had waited all night outside the local railway station seeking to prevent his removal to Clarksburg jail. Washington Height is dead at Unionton, Pa., from a pistol shot wound said to have been inflicted by Daisy Meade, whom he followed to her home at Republic and renewed his suit after being rejected several times. Disclosures following the forced liquidation of the Quanah National bank of Quanah, Texas, has caused the comptroller of the currency to issue an order directing every one of the 7,100 national banks in the United States to install what practically amounts to a uniform system of bookkeeping. Rhode Island has 508.5 persons to the square mile, thus, according to this census bureau figures, leading the

5. January 6, 1911 The Springfield Herald Springfield, CO
Article from The Springfield Herald, January 6, 1911

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Article Text

PATCHES PUT INTO SHORT, CRISP PARAGAPHS. STORY OF THE WEEK SHOWING THE PROGRESS OF EVENTS IN OUR OWN AND FOREIGN LANDS. WESTERN. The Los Angeles Times has per- defected arrangements for the first livery of newspapers by aeroplanes. Arch Hoxsey, of Pasadena, Cal., holder of the present world's altitude record of 11,474 feet, flew over Mount North Texas is shivering under a cold wave. Amarillo, in the Panhandle, reports half an inch of snow and high winds. The city and county of Denver spent $167,797.78 to care for its poor in the year ending November 30th, according to report of county clerk. Luther Burbank has announced the creation of strawberry of new type "the Patagonia," which commences the to ripen first and continues to bear longest. Edward Tracy was arrested in Butte, Mont., after a chase of a year ofand is charged with an unusual fense against the statutes, namely, stealing the same horse twice. of a man forty years old was in Paola, a The found body Kans., in was car with bricks. In his pocket from a loaded found a receipt fraternal the name lodge at Anadarko, Okla., bearing of W. O. Bruze. Fred Cutler, a messenger boy, was run down and probably fatally injured in Guthrie, Okla., by an automobile carrying State Treasurer James Menefe. The car used emergency brakes. It was demolished. Eighteen feet of gold ore worth $75 is the verified report of the strike made recently at per big ton Leesburg the Italian mine, belonging to the Mining Company. about twenty miles from Salamon City. Idaho. The miners predict a stampede. Gold shipped by Alaska operators to the States assay Seatmonth of the for United the November, office at 1910, amounted to approximately $1,540,000 as against about $723,000 for November, 1909; the operating season was considerably longer than previous seasons. England and France, in a speed coalition, defeated America at Los Angeles, in the first aerial derby ever run. Jas. Radley, the British speed champion, in a French Bleriot monoplane, beat Eugene Ely, driving a Curtis racer, and Phil Parmalee, in a "baby" Wright, in an eight and three-quarter miles race. Disclosures following the forced liquidation of the Quanah National bank of Quanah, Texas, caused the comptroller of the currency to issue aI: order directing every one of the 7,100 national banks in the United States to install what practically amounts to a uniform system of bookkeeping. The secretary of the interior has approved the contract entered into by Supervising Engineer Savage of the reclamation service on behalf of the United States, with Samuel Thomas of Byron, Wyo., for the construction of ditches distributory under A. of the the Frannie canal and lateral Shoshone irrigation project, Wyoming. In support of a motion for a new trial for James McLachlan. convicted of murder in the first degree for kill ing his wife in Cheyenne, his counsel has produced affidavits of a physician, a police sergeant and a newspaper reporter, stating that a few minutes after the shooting McLachlan. who had shot himself with suicidal intent, made to them what he considered a dying statement, asserting that he had she shot his wife in self-defense, after had attacked him. with a butcher knife.

6. January 6, 1911 The Elbert County Tribune Elbert, CO
Article from The Elbert County Tribune, January 6, 1911

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Article Text

THE LATEST IMPORTANT DISPATCHES PUT INTO SHORT, CRISP PARAGAPHS. STORY OF THE WEEK SHOWING THE PROGRESS OF EVENTS IN OUR OWN AND FOREIGN LANDS. WESTERN. The Los Angeles Times has perfected arrangements for the first delivery of newspapers by aeroplanes. Arch Hoxsey, of Pasadena, Cal., holder of the present world's altitude record of 11,474 feet, flew over Mount a cold North wave. Texas Amarillo, is shivering in the under Panhandle, reports half an inch of snow and high winds. The city and county of Denver spent $167,797.78 to care for its poor in the year ending November 30th, according to report of county clerk. Luther Burbank has announced the creation of strawberry of new type "the Patagonia," which commences to ripen first and continues to bear the longest. Edward Tracy was arrested in Butte, Mont., after a chase of a year and is charged with an unusual of fense against the statutes, namely, stealing the same horse twice. The body of a man forty years old was found in Paola, Kans., in a car loaded with bricks. In his pocket was found a receipt from a fraternal lodge at Anadarko, Okla., bearing the name of W. O. Bruze. Fred Cutler, a messenger boy, was run and in Okla., an Guthrie, down probably by fatally automobile injured carrying State Treasurer James Menefe. The car used emergency brakes. It was demolished. Eighteen feet of gold ore worth $75 per ton is the verified report of the big strike made recently at the Italian mine, belonging to the Leesburg Mining Company, about twenty miles from Salamon City, Idaho. The miners predict a stampede. Gold shipped by Alaska operators to the United States assay office at Seatthe for the month of November, 1910, amounted to approximately $1,540,000 as against about $723,000 for November, 1909; the operating season was considerably longer than previous seasons. England and France, in a speed coalition, defeated America at Los Angeles, in the first aerial derby ever run. Jas. Radley, the British speed champion, in a French Bleriot monoplane, beat Eugene Ely, driving a Curtis racer, and Phil Parmalee, in a "baby" Wright, in an eight and three-quarter miles race. Disclosures following the forced liquidation of the Quanah National bank of Quanah, Texas, caused the comptroller of the currency to issue ar order directing every one of the 7,100 national banks in the United States to install what practically amounts to a uniform system of bookkeeping. The secretary of the interior has approved the contract entered into by Supervising Engineer Savage of the reclamation service on behalf of the United States, with Samuel Thomas of Byron, Wyo., for the construction of distributory ditches under the Frannie canal and lateral A. of the Shoshone irrigation project, Wyoming. In support of a motion for a new trial for James McLachlan, convicted of murder in the first degree for killing his wife in Cheyenne, his counsel has produced affidavits of a physician, a police sergeant and a newspaper reporter, stating that a few minutes after the shooting McLachlan, who had shot himself with suicidal intent, made to them what he considered a dying statement, asserting that he had 9 shot his wife in self-defense, after she had attacked him with a butcher a knife.

7. January 6, 1911 The Holly Chieftain Holly, CO
Article from The Holly Chieftain, January 6, 1911

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Article Text

THE LATEST IMPORTANT DIS. PATCHES PUT INTO SHORT, CRISP PARAGAPHS. STORY OF THE WEEK SHOWING THE PROGRESS OF EVENTS IN OUR OWN AND FOREIGN LANDS. WESTERN. The Los Angeles Times has perfected arrangements for the first delivery of newspapers by aeroplanes. Arch Hoxsey, of Pasadena, Cal., holder of the present world's altitude record of 11,474 feet, flew over Mount North Texas is shivering under a cold wave. Amarillo, in the Panhandle, reports half an inch of snow and high winds. The city and county of Denver spent $167,797.78 to care for its poor in the year ending November 30th, according to report of county clerk. Luther Burbank has announced the creation of strawberry of new type "the Patagonia," which commences to ripen first and continues to bear the longest. Edward Tracy was arrested in Butte, Mont., after a chase of a year and is charged with an unusual offense against the statutes, namely, stealing the same horse twice. The body of a man forty years old was found in Paola, Kans., in a car loaded with bricks. In his pocket was found a receipt from a fraternal lodge at Anadarko; Okla., bearing the name of W. O. Bruze. Fred Cutler, a messenger boy, was run down and probably fatally injured in Guthrie, Okla., by an automobile carrying State Treasurer James Menefe. The car used emergency brakes. It was demolished. Eighteen feet of gold ore worth $75 per ton is the verified report of the big strike made recently at the Italian mine, belonging to the Leesburg Mining Company, about twenty miles from Salamon City, Idaho. The miners predict a stampede. Gold shipped by Alaska operators to the United States assay office at Seattie for the month of November, 1910, amounted to approximately $1,540,000 as against about $723,000 for November, 1909; the operating season was considerably longer than previous seasons. England and France, in a speed coalition, defeated America at Los Angeles, in the first aerial derby ever run. Jas. Radley, the British speed champion, in a French Bleriot monoplane, beat Eugene Ely, driving a Curtis racer, and Phil Parmalee, in a "baby" Wright, in an eight and three-quarter miles race. Disclosures following the forced liquidation of the Quanah National bank of Quanah, Texas, caused the comptroller of the currency to issue an order directing every one of the 7,100 national banks in the United States to install what practically amounts to a uniform system of bookkeeping. The secretary of the interior has approved the contract entered into by Supervising Engineer Savage of the reclamation service on behalf of the United States, with Samuel Thomas of Byron, Wyo., for the construction oi distributory ditches under the Frannie canal and lateral A. of the Shoshone irrigation project, Wyoming.

8. January 7, 1911 The Winslow Mail Winslow, AZ
Article from The Winslow Mail, January 7, 1911

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Article Text

THE LATEST IMPORTANT DISPATCHES PUT INTO SHORT, CRISP PARAGAPHS. STORY OF THE WEEK SHOWING THE PROGRESS OF EVENTS'IN OUR OWN AND FOREIGN LANDS. WESTERN. The Los Angeles Times has perfected arrangements for the first delivery of newspapers by aeroplanes. Arch Hoxsey, of Pasadena, Cal., holder of the present world's altitude record of 11,474 feet, flew over Mount North Texas is shivering under a cold wave. Amarillo, in the Panhandle, reports half an inch of snow and high winds. The city and county of Denver spent $167,797.78 to care for its poor in the year ending November 30th, according to report of county clerk. Luther Burbank has announced the creation of strawberry of new type "the Patagonia," which commences to ripen first and continues to bear the longest. Edward Tracy was arrested in Butte, Mont., after a chase of a year and is charged with an unusual offense against the statutes, namely, stealing the same horse twice. The body of a man forty years old was found in Paola, Kans., in a car loaded with bricks. In his pocket was 10 und a receipt from a fraternal lodge at Anadarko, Okla., bearing the name of W. O. Bruze. Fred Cutler, a messenger boy, was run down and probably fatally injured in Guthrie, Okla., by an automobile carrying State Treasurer James Menefe. The car used emergency brakes. It was demolished. Eighteen feet of gold ore worth $75 per ton is the verified report of the big strike made recently at the Italian mine, belonging to the Leesburg Mining Company, about twenty miles from Salamon City, Idaho. The miners predict a stampede. Gold shipped by Alaska operators to the United States assay office at Seatue for the month of November, 1910, amounted to approximately $1,540,000 as against about $723,000 for November, 1909; the operating season was considerably longer than previous seasons. England and France, in a speed coalition, defeated America at Los Angeles, in the first aerial derby ever run. Jas. Radley, the British speed champion, in a French Bleriot monoplane, beat Eugene Ely, driving a Curtis racer, and Phil Parmalee, in a "baby" Wright, in an eight and three-quarter miles race. Disclosures following the forced liquidation of the Quanah National bank of Quanah, Texas, caused the comptroller of the currency to issue ar order directing every one of the 7,100 national banks in the United States to install what practically amounts to a uniform system of bookkeeping. The secretary of the interior has approved the contract entered into by Supervising Engineer Savage of the reclamation service on behalf of the United States, with Samuel Thomas of Byron, Wyo., for the construction of distributory ditches under the Frannie canal and lateral A. of the Shoshone irrigation project, Wyoming.