City National Bank (Fort Worth, TX)

Episode Information

Episode UID
235901127
Episode Type
Suspension โ†’ Closure
Bank Type
national
Bank ID
23590 national
Charter Number
2359
Start Date
November 1, 1893
Location
Fort Worth, Texas (32.725, -97.321)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
6dd62bfdcd7914de

Response Measures

None

Receivership Details

Depositor recovery rate
42.9%
Date receivership started
1895-04-10
Date receivership terminated
1903-09-28
OCC cause of failure
Losses
Share of assets assessed as good
28.3%
Share of assets assessed as doubtful
28.6%
Share of assets assessed as worthless
43.0%

Description

Articles state a receiver has been appointed and suits are being brought to recover assets, indicating failure and closure.

Events (3)

1. May 28, 1877 Chartered
Source
historical_nic
2. November 1, 1893 Receivership
Newspaper Excerpt
receiver B. B. Paddock, of Fort Worth of the City National bank ... at the time the bank failed
Source
newspapers
3. April 10, 1895 Receivership
Source
historical_nic

Newspaper Articles (2)

Article from Fort Worth Gazette, November 1, 1893

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Article Text

matter in general, was private, and he did not care to speak about the matter at present. Suits will be brought in the United States circuit court in behalf of receiver B. B. Paddock, of Fort Worth of the City National bank and others to recover Walling's homestead which was transferred by the latter to one of the directors at the time the bank failed. Other suits will be brought by the receiver in the interest of the bank but none have yet been filed.


Article from The Austin Weekly Statesman, November 2, 1893

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Article Text

BAYLOR UNIVERSITY. Another Nice Endowment Anticipated-Suit Over Busted Bank Affairs. Special to The Statesman. WACO, Oct. 31.-It having been rumored that John D. Rockaffeler would make another endowment to Baylor University, Rev. R. C. Burleson was asked about the matter this afternoon. He said he did not think Mr. Rockaffeler would give any more money to Baylor, but thought a Kansas gentlemen would probably do so. This gentleman's name, the doctor said, as well as the matter in general, was private and be did not care to speak about the matter at present. Suit will be brought in the United States circuit court in behalf of Receiver B. B. Paddeck of Fort Worth of the city National bank and others to recover Walling's homestead, which was transferred by the latter to one of the directors at the time the bank failed. Other suits will be brought by the receiver in the interest of the bank, bnt none have yet been filed.