Bank of Pueblo (Pueblo, CO)

Episode Information

Episode UID
42000771458
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
4200077 routing
Routing Number
42-0007
Start Date
June 14, 1921
Location
Pueblo, Colorado (38.254, -104.609)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
2277d89dbae87327

Response Measures

None

Description

Suspension attributed to flood damage; later legal action alleges insolvency.

Events (3)

1. June 14, 1921 Suspension
Cause
Local Shock
Cause Details
Heavy flood losses damaged bank property and assets (flood destroyed furniture/fixtures).
Newspaper Excerpt
The Bank of Pueblo, at Pueblo, has suspended business. The suspension is attributed to heavy flood losses.
Source
newspapers
2. June 19, 1921 Other
Newspaper Excerpt
BANK OF PUEBLO FILES STATEMENT OF FINANCES ... which suspended its business after the flood. A report or statement of the assets and liabilities ... was filed with the Pueblo county clerk yesterday by Nelson B. Cook, special deputy State Bank Commissioner.
Source
newspapers
3. August 27, 1921 Other
Newspaper Excerpt
LEGAL ACTION AFTER FAILURE OF BANK ... it is entitled Grant McPherson as state bank commissioner vs. Morris H. Horwitz ... it is set up ... that defendant corporation became insolvent on June 13, 1921.
Source
newspapers

Newspaper Articles (3)

Article from The Nenana News, June 14, 1921

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Article Text

FLOOD FATAL TO FLOOD DENVER. June 14-The Bank of Pueblo, at Pueblo, has suspended business. The suspension is attriouted to heavy flood losses.


Article from Pueblo Chieftain, June 19, 1921

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Article Text

BANK OF PUEBLO FILES STATEMENT OF FINANCES A. report or statement of the assets and liabilities of The Bank of Pueble. which suspended its business after the flood. was filed with the Pueblo county clerk yesterday by Nelson B. Cook, special deputy State Bank Commissioner. Assets and liabilities. balancing. are given as $324,832. and the item of furniture and fixtures. valued at $3,847.50 is listed as practically destroyed by the_ flood. Assets and liabilities are listed as follows:


Article from Pueblo Chieftain, August 27, 1921

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Article Text

LEGAL ACTION AFTER FAILURE OF BANK Another legal action as a result of the suspension of the Bank of Pneblo on account of food damage. was yesterday filed in the county court; it 1.4 entitled Grant McPherson as state bank commissioner vs. Morris H Horwitz It is set up in the complain that defer dant corporation became insolvent on June 13. 1921. Then it is related that on March 4. 1920 defendant executed and delivered to said bank his certain promissory note for the sum of $500, payable six months from date at the interest rate of & per cent. Partial payment is alleged to have been made. but there is yet due on the principal the sum of $350. which with interest and attorney's fees brings the balance due and sued for, to $467.80.