Bank of Lowell (Lowell, AR)

Episode Information

Episode Type
Suspension โ†’ Closure
Start Date
January 1, 1932*
Location
Lowell, Arkansas (36.255, -94.131)
Bank Type
state

Metadata

Notes

Article states a receiver (J. R. Wood) and dividends since suspension, indicating permanent closure/receivership.

Events (3)

1. January 1, 1932* Suspension
Cause
Government Action
Cause Details
Bank suspended operations and entered receivership in January 1932
Newspaper Excerpt
the bank suspended operations in January, 1932
Source
newspapers
2. January 1, 1932* Receivership
Newspaper Excerpt
J. R. Wood, receiver, announced. The dividend will be the second since the bank suspended operations in January, 1932
Source
newspapers
3. June 17, 1935 Other
Newspaper Excerpt
will pay an eight percent dividend this week ... The dividend will be the second since the bank suspended operations in January, 1932
Source
newspapers

Newspaper Articles (2)

Article Text

LOWELL, ARK., BANK WILL PAY DIVIDEND

Special Dispatch to The News

ROGERS, Ark., June 17. โ€” The Bank of Lowell, Ark., will pay an eight percent dividend this week, J. R. Wood, receiver, announced. The dividend will be the second since the bank suspended operations in January, 1932, and will bring the total recovered by depositors to 18 percent. The dividend will total about $1250.


Article Text

Special Dispatch to The News

ROGERS, Ark., June 17. โ€” The Bank of Lowell, Ark., will pay an eight percent dividend this week, J. R. Wood, receiver, announced. The dividend will be the second since the bank suspended operations in January, 1932, and will bring the total recovered by depositors to 18 percent. The dividend will total about $1250.

MARRIED AT HARTVILLE

Miss Alice Hutton and Fred Bodenhamer, both of Springfield, were married Saturday in the office of Wright County Clerk C. C. Carter, in Hartville, by the Reverend L. W. Hensley. They will make their home in Springfield.

The ruby-throated hummingbird flies 500 miles across the Gulf of Mexico on its spring and fall migrations.