Torrington National Bank - Torrington, WY

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 11309
Charter Number: 11309
Start Date: *
Location: Torrington, Wyoming (42.062, -104.184)

Metadata

Model: gpt-5-mini
Short Digest: ec4c701c

Response Measures

None

Receivership Details

Depositor recovery rate: 92.0%
Date receivership started: 1924-03-19
Date receivership terminated: 1931-04-30
OCC cause of failure: Economic conditions
Share of assets assessed as good: 33.3%
Share of assets assessed as doubtful: 32.0%
Share of assets assessed as worthless: 34.6%

Description

Article reports that the Torrington National (and the former First National Bank of Torrington) had closed and are paying dividends to depositors as part of liquidation/receivership. No run is described in the excerpt, so this is classified as a suspension/closure (permanent closure/receivership). OCR errors in article corrected (missing punctuation); no specific dates of closure or receivership provided in the excerpt.

Events (4)

1. March 1, 1919 Chartered

Source: historical_nic

2. March 19, 1924 Receivership

Source: historical_nic

3. * Receivership

Newspaper Excerpt: J. Rigler, national bank receivthis week paying 10 per cent dividend to depositors both former First National Bank of Torrington and the Torrington National ... will make 80 per cent of the deposits which have been repaid since the banks closed.
Source: newspapers

4. * Suspension

Cause Details: Article states the banks had closed and are repaying depositors; no cause for the suspension/closure is specified in the text.
Newspaper Excerpt: J. Rigler, national bank receivthis week paying 10 per cent dividend to depositors both former First National Bank of Torrington and the Torrington National These dividends will amount to about $35,000 and will make 80 per cent of the deposits which have been repaid since the banks closed.
Source: newspapers

Newspaper Articles (1)

1. March 7, 1929 Minatare Free Press Minatare, NE

Article from Minatare Free Press, March 7, 1929

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Article Text

VALLEY NEWS AS TOLD BY OUR EXCHANGES Interesting Items Taken from the Exchanges Tell of Doings in the Nearby Communities J. Rigler, national bank receivthis week paying 10 per cent dividend to depositors both former First National Bank of Torrington and the Torrington National These dividends will amount to about $35,000 and will make 80 per cent of the deposits which have been repaid since the banks closed. A serious accident took place last Saturday afternoon, when E. zad, farmer living about six miles north of Mitchell, badly burned live steam, when steam boiler in which he was boiling potatoes in some exploded and scalded him badly, the only part of his body that escaped being badly burned his face and legs. The boiler being used to boil feed for hogs. brought to the Methodist hospital was in an ambulance which had been moned, and given treatment. The S. Rice farm, sold at aucWednesday, brought price of tion, $229 acre and was cash per action, the going to Alex property Strachen, most prominent and farmers stock in the valley. The Rice land raisers rated as some of the best farm land the immediate vicinity, lies about the western edge Scottsbluff, and has been farmed for number of years by Rice. tract, section an township and range 55. and irrigated by the Enterprise ditch, havunder water right. Postmaster General New has anounced the government has decided the name each state in print which are sold on all stamps stamps in denomination of from one, ranging five cents, in effort to cope an with postoffice thieves. The purpose of this plan, the department said, render more difficult the sale stolen stamps and faciliate tracing confiscated stamps from state another. Kansas Nebraska will out the proposed plan begintry ning April and proves successthe State Journal, the be established in plan states. One of the valley's earliest pionsuccumbed the grim reaper last Thursday morning at five Gering, when Mrs. Hanks, of passed away stroke paralysis suffered Saturday. Hanks, with her husband, came the valley 1886 had been resident of the Gering vicinity since that time with the exception of residence at Kearney about short With her husband thirty years ago. she about on miles south of Gering, later movfour farm mile south of that ing one and number of years ago movcity into where they have ing Gering, since made their home. Jess Yoder, 60, pioneer rancher of eastern died last week Wyoming, State Evansthe Wyoming buried at Cheyenne. He ton, and survived by his widow, two sisters, Mrs. Frances March Mrs. brother, Yoder, and his Clark, children, Phil, well known as Frontier rider, and three girls, Alice, Mrs. Lance Mr. tle, and Yoder rancher on Bear Creek was for years, also conducting many at LaGrange for several years. France He and March incorporated the in 1906. He was one of Cattle Co., organizers of the Hawk Springs the Co., elected chairDevelopment the board of county commisof Goshen county in 1913 and sioners 1915. is received here of the Dak., Mrs. death at Rapid City, Powell, the home of her Mrs. Powell is the mother Powell, former Mitchell Floyd but of Minatare. Mr. resident, Powell resided here over six years, and his mother made frequent visits the Powell home during that time. Had Mrs. Powell lived until next May would have been 75 years of she Mr. Powell went Rapid City Friday to attend the funeral. The evening friends of Grandmother Powell many grieved to hear of her passing, to extend their to the Index. pathy OFFICIAL DOINGS OF THE COUNTY DADS Usual List of Salary Claims and OthBills Paid By Board in Session Last Monday Gering, Nebraska, March 1929. Board of County Commissioners met pursuant to Present: Morrill, Woodman and Crabill. The Minutes of the previous meeting were read approved. appointment and bond of Ervin Powell, Precinct Assessor and for Ford Precinct, approved by the Board. Tax Protest of Howard Wineteer, asking for refund of 1926 taxes and Disallowed by the Board. Resolution Be it resolved by the Board of County Commissioners of Scotts Bluff County, Nebraska, that in with resolution passed by the Board this County on the 22nd day of 1926, there be special tax $3.00 per dog levied against the owner harboror each dog in Scotts Bluff County, Nebr., beginning with the year 1929 and continuing until such time as the same shall be ordered discontinued by the County Board. Resolution Be it Resolved by the Board of County Commissioners Scotts Bluff County, Nebraska, in adjourned gular in the court house this 4th day of March, 1929, that each and every department in the court house of county make requisition on the Board County Commissioners for all supplies required in their respective office. County Clerk instructed to strike the assessment of one 1926 Ford Truck, value 1928 assessment, in name of R. H. McHenry, and correct tax list accordingly, acct. being assessed and owned by McHenry, Lyman, Nebr. County Clerk instructed to correct the assessment and tax list, year 1928 making reduction in valuation of the assessment Keeler of Scottsbluff excess County Clerk instructed to cancel record and correct the tax list for 1928. by striking poll tax of S. Fisher from his taxes, as he was assessed with poll tax each his business and personal schedule, therefore making double asessment of poll The following claims were audited and allowed on the various funds: General Fund Barton, R., Dep. Co. Treas. Expenses Co. Treas. Convention 52.50 Burrows, W. Co. Clk., One Nebr. Compiled Statutes, 1922 10.00 City of Gering, Light, Water and Power, Febr. 1929 118.43 Finley, Bailiff Special Term of Court, Febr. 1929 15.00 Hammond Stephens Co., School Supplies 109.42 Supplies 117.41 Koenig, Mabel, Meals for Pri soners, Laundry and ma trons fees, Febr. 1929 427.60 Koenig, H., Jailer fees, Febr. 1929 42.00 Minatare Free Press, StationSupt. 28.00 ary Tel. Corp., Febr. tolls, March rentals, Court House phones 84.35 Riddell, Dr. Ted E., Medical attention, jail inmates, pest house and release quarantine 53.00 Sheets, Carl, Witness fees State of Nebr. Willie 5.60 Darty State Journal Co., Blanks and Court Reporters Books 45.00 University Pub. Fourth Quarter Exam. Questions 6.36 Frank Q., Dep. Sheriff Mileage acet. liquor fights, stolen goods and 43.45 quarantine Poor Fund Carr & Neff Lmbr. Co. Sb., Coal for Hohnstein, Gonzales, Kemez, Castello, Cabrero, Cordona, Hoods, FanJohnson, Pauline Zigler, Rukovino, Toombs, Triplett, McKerrigan, Curry, Henry Nagel, Bisel, Bronson, Abbott 76.85 son, Curry, Mrs. B., Care of Garrett, Gates, Febr. 1929 45.00 Emick, Groceries, Snyder 26.77 Golden Rule Co., Mdse. Dre-, nan, Franks, Fannie JohnCurry 29.92 son, Johnson, H., Groceries, Fisher, Pratt 19.07 Fisher, House rent Lee Dozier, Jan., Febr., 1929 10.00 Fry, Groceries for Mary Baraza, Earl Sharp, Mrs. Bruckholz, Mrs. Alkire 54.95 Gering Merc. Mdse. for Meeker, Thurman and Clawson 46.98 Quindt Behm, Groceries for Oswald Hein, Febr. 1929 15.00 Meyer, Christ, Mdse. for Con Beisel 15.00 Werner, Rev. Wm., Medicine Geo. Sell 12.24 (Continued on Page Four)