23230. Platte County State Bank (Wheatland, WY)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
March 15, 1923
Location
Wheatland, Wyoming (42.054, -104.953)

Metadata

Model
gpt-5-mini
Short Digest
ec1b0a15

Response Measures

None

Description

Articles indicate the bank was already closed by March 15, 1923 (article mentions a possible reopening) and by April 30, 1923 a receiver (J. A. Elliott) was appointed. No run is described. Cause of suspension not specified in the articles.

Events (2)

1. March 15, 1923 Suspension
Cause Details
Article mentions the bank is closed and a reopening plan is under consideration; no cause for closure given.
Newspaper Excerpt
Reopening of the Platte County State Bank of Wheatland is a prospect of the immediate future if a plan for the organization of a holding company is carried out.
Source
newspapers
2. April 30, 1923 Receivership
Newspaper Excerpt
J. A. Elliott was appointed receiver for the Platte County State Bank by Judge William A. Riner... the recently closed Platte County State Bank.
Source
newspapers

Newspaper Articles (2)

Article from The Saratoga Sun, March 15, 1923

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Article Text

LATE NEWS From All Over WYOMING State Examiner Byron S. Huie has aken charge of the Wyoming State Bank of Lusk, which has closed. Surveys are being run at Torrington o determine the best location for the ugar factory projected for the coming ear. Attorney A. E. Stirrett was elected resident of the Natrona County Bar Association at its annual meeting at Caspar. The Wyoming Epworth League will old its 1923 state conference .n Chermopolis during the third week in August. The Rotary Club, the Lions Club, the Kiwanis Club and the American Ledon have undertaken to sponsor one roop each of Boy Scouts in Laramie. Two hundred delegates sat down to L banquet which ended the two-day onvention of the Big Horn Basin Vool Growers' Association at Worand. The Liberty Club of Thermopolis, which is composed of Elks affiliated with lodges in other cities, netted aproximately $1,500 on its three-day car'JBBZBQ [BA] Reopening of the Platte County State Bank of Wheatland is a prosect of the immediate future if a plan or the organization of a holding comany is carried out. John Augustine, who has returned to Thermopolis from Buffalo, N. Y., to ace a charge of forgery, was senenced to an indeterminate term in the tate reformatory at Worland. Preliminary estimates for the irriation project planned for the Guerney district plac. the total cost at 374,634.14 for the 9,450 acres to be irigated, an average of $39.50 an acre. Ties at the rate of about 3,000 a day are being brought down from the nountains at Foxpark and Gramm, vhere they are made in the Medicine Bow national reserve, and are being ent to the tie preserving plant at Laramie. A communication from the Ku Klux Klan and setting forth that that oranization had been visited by the sheriff and county attorney at Evanson and had been warned to enforce he law, was received at the Evanston Press office. Harry Mallon, homesteader in the eaks near the head of Dry creek, ear Cody, killed himself with a small ore shotgun. His wife was present 01 belpless SBM and 10B the MBS put revent it. He returned the day beore from Cody, where he had partialy recovered from a heavy drinking pell. Peace in the coal fields of half the state, if not all of it, for another year si assured, following the action of the olicy committee of district 22, United Mine Workers of America, and the oprators of Southern Wyoming in meetng the existing agreement as a basis or the twelve months beginning April 1. Wyoming's eugenics law, under


Article from Casper Daily Tribune, April 30, 1923

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Article Text

Bank May Pay Out WHEATLAND, Wyo., April so. J. A. Elliott was appointed receiver for the Platte County State Bank by Judge William A. Riner at the opening of the district court sessions here. G. S. Agnew, Dr. F. G. Huffman and county treasurer Gale A. Lewis were selected at a meeting called for that purpose to act as a committee in the interests of the depositors of the recently closed Platte County State Bank. Judge Riner, it is understood, will instruct the receiver to work with the members of the committee, who will in effect act in the capacity of a board of directors. In the handling of no bank failure in the west is more being done to protect the depositors than in the present instance. Claims are still made that with careful handling. the assets of the defunct bank should be sufficient to pay out the depositors to the last cent, and there is a very hopeful feeling in this direction. The appointment of this committee, the members of which are among the best business men of the community, is regarded as a still more favorable factor in the working out of a 100 per cent repayment.