Merchants Bank - Salt Lake City, UT

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: February 1, 1926
Location: Salt Lake City, Utah (40.761, -111.891)

Metadata

Model: gpt-5-mini
Short Digest: 6c6f892f

Response Measures

None

Description

Article (The Salt Lake Tribune, 1926-02-01) reports the receiver of Merchants Bank (Salt Lake City) has filed a petition to sell assets and sets a hearing before the judge on Feb 5, 1926. No mention of a depositor run in the text. The action indicates the bank was in receivership/closed by court action, so classified as a suspension leading to closure (receivership).

Events (3)

1. February 1, 1926 Other

Newspaper Excerpt: NOTICE SALE ASSETS OF MERCHANTS ... The receiver of Merchants bank has filed his praying ... for the hundred fifty dollars ($2750.00) on petition
Source: newspapers

2. February 1, 1926 Receivership

Newspaper Excerpt: The receiver of Merchants bank has filed his praying Merchants bank ... STEPHEN H. LYNCH, Receiver
Source: newspapers

3. February 5, 1926 Suspension

Cause: Government Action
Cause Details: Receiver filed petition to sell assets and scheduled a court hearing (receiver-appointed/ court action).
Newspaper Excerpt: The receiver of Merchants bank has filed his praying Merchants bank his to H. Cowie Lake City, Utah, for the hundred fifty dollars ($2750.00) on petition held the Judge city and county building. Salt Lake on the 5th day of February, at person therein may appear heard
Source: newspapers

Newspaper Articles (1)

1. February 1, 1926 The Salt Lake Tribune Salt Lake City, UT

Article from The Salt Lake Tribune, February 1, 1926

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Article Text

REQUEST FOR BIDS The Lander county board of educaMarch 1926 the Geo Ferris & 18, mann building 150 North Virginia and of the Austin high building site located Austin, Nevada. All referred to Geo. Ferris & tified the amount five of the amount same The der board of education to accept any to reject or bids Dated 1926 LANDER BOARD OF By Lemaire president. NOTICE SALE ASSETS OF MERCHANTS The receiver of Merchants bank has filed his praying Merchants bank his to H. Cowie Lake City, Utah, for the hundred fifty dollars ($2750.00) on petition held the Judge city and county building. Salt Lake on the 5th day of February, at person therein may appear heard STEPHEN H. LYNCH, Receiver UTAH SOUTHERN OIL COMPANY Notice of Special Meeting of Stock holders corporation and for Other Pur poses. To the stockholders of Utah Southern the Utah Southern On has been called at the company at room No. 532 Clift Build Ing Salt Lake the at 10 o'clock of considering acting upon the folmatters, amend the articles of Articles XIII and so that the shall read as follows: principal and place of business of this Salt Lake City, Salt Utah the board may held the transaction of any heas of the such place outside this state elsewhere within this state than may by resolution by VI. stock this corporation dollars, six hundred thousand