Selbyville National Bank - Selbyville, DE

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 6718
Charter Number: 6718
Start Date: February 15, 1912
Location: Selbyville, Delaware (38.460, -75.221)

Metadata

Model: gpt-5-mini
Short Digest: bebd6253

Response Measures

None

Description

The notice names John W. Staton as 'Assignee of the Selbyville National Bank' and reports a sale of assets (report dated Feb 15, 1912). This indicates the bank was in receivership/liquidation and effectively closed. No article text describes a depositor run prior to suspension, so classified as suspension_closure.

Events (4)

1. April 10, 1903 Chartered

Source: historical_nic

2. February 15, 1912 Receivership

Newspaper Excerpt: John W. Staton, Assignee of the Selbyville National Bank, Selbyville, Delaware ... ORDERED that the sale made and reported by John W. Staton, Assignee in the above cause described, be ratified and confirmed ... The report states the amount of sales to be $10,500.00.
Source: newspapers

3. February 17, 1912 Other

Newspaper Excerpt: Order Nisi. John W. Staton, Assignee of the Selbyville National Bank ... True Copy, Test: OLIVER D. COLLINS, Clerk.
Source: newspapers

4. May 15, 1917 Voluntary Liquidation

Source: historical_nic

Newspaper Articles (1)

1. February 17, 1912 Democratic Messenger Snow Hill, MD

Article from Democratic Messenger, February 17, 1912

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Article Text

JOHN W. STATON, Atty-at-Law. Order Nisi. John W. Staton, Assignee of the Selbyville National Bank, Selbyville, Delaware, a corporation, Assignee of Orlando Harrison and George A. Harrison, Mortgagee of Margaret L. Bruce, Ex parte. In the Circuit Court for Worcester County. In Equity. No. 2420, January Term, 1912, to wit: February 15th, 1912. ORDERED that the sale made and reported by John W. Staton, Assignee in the above cause described, be ratified and confirmed unless cause to the contrary thereof be shown on or before the 11th day of March, 1912, provided a copy of this order be inserted in some newspaper printed in Worcester County once in each of three successive weeks before the 4th day of March, in the year nineteen hundred and twelve. The report states the amount of sales to be $10,500.00. OLIVER D. COLLINS, Clerk. True Copy, Test: OLIVER D. COLLINS, Clerk. (feb 17-3t)