First National Bank & Trust Company (Muskogee, OK)

View Charter #4385 on SPMC View balance sheet

Episode Information

Episode UID
438501514
Episode Type
Run Only
Bank Type
national
Bank ID
43850 national
Charter Number
4385
Start Date
February 11, 1926
Location
Muskogee, Oklahoma

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
4a48a60bf1e592f7

Response Measures

Borrowed from banks or large institutions, Fed/other loan, Public signal of financial health, Capital injected

Events (2)
1. August 1, 1890 Chartered
Source
historical_nic
2. February 11, 1926 Run
Cause
Rumor Or Misinformation
Cause Details
Malicious rumors circulated that the bank had failed; officials declared the rumors false.
Measures
Assistance from Kansas City Federal Reserve and financial help pledged from other Oklahoma cities; directors signed statement reassuring depositors.
Newspaper Excerpt
FUNDS POUR BANK AFTER 'RUN' ... Rumors, declared officials of the bank be false and malicious ... deposits began ... reached peak before the closing hour ... run checked
Source
newspapers

Newspaper Articles (5)
1. February 11, 1926 Jackson Citizen Patriot Jackson, MI
Article from Jackson Citizen Patriot, February 11, 1926

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Article Text

FUNDS POUR BANK AFTER 'RUN' Federal Reserve Comes to Aid of Muskogee, Okla., National Bank. Backed by more than half lion dollars from outside resources the National Bank is today that out of started on the bank yesterday The Kansas Federal Reserve Bank to make additional and financial help from other homa cities is reported coming Rumors, declared officials of the bank be false and malicious. were circulated early yesterday the bank and deposits began the forenoon and reached peak before the closing hour The when D. Fink. the president of bank for many pleaded throng in the bank' lobby and near declared that the tion was entirely solvent and such statement signed of the First National Bank The Commercial National Bank has total deposit of than and the second largest bank in this city.

2. February 11, 1926 The Chattanooga News Chattanooga, TN
Article from The Chattanooga News, February 11, 1926

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Article Text

MUSKOGEE BANK GETS HELP TO STOP RUN by more than half-million resources, the Na. tional prepared any ency today that may of started the bank The Kansas City Federal Reserve bank has sent 000 to aid the institution, local business firm and organizations have promised help from other Oklahoma cities is reported Rumors declared by officials of the bank false terday against the bank and withdrawal deposits began in the and reached just before the closing run checked Fink, dent of the for with the throng the lobby and the Other bankers the city declared that the institution was solvent and was signed by the directors of the First National The has deposit of more than $4,000,000 and is the second largest in this city.

3. November 19, 1926 The Tulsa Tribune Tulsa, OK
Article from The Tulsa Tribune, November 19, 1926

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Article Text

New York Stock List The Yellow Truck Co. declared its regular dividend Class and preferred stocks, both payable January 1. stock record December The Coca Cola stockholders ap. proyed plan for retirement of preferred stock and other changes to clared The International Cement Co. regular quarterly dividend on common and on preferred payable December 31, record December 15 The National Lead Co. declared its regular quarterly payable December stock record December 10. The Dodge Bros. Motor Corp. last week care delivered at retail 800 more than in the preceding Sales New York City for the two weeks of November were of the total for are days on NEW YORK STOCK LIST Illinois Industrials Indiana High Ajax Rubber Allied York Northern Penn Fuel Pipe 17% Penn Am Standard Tel Tel LOCAL OIL STOCKS Beth Steel Copper Central Mot Kinney Mountain com Fuel Players Tire Pan West Produce AT heavy 20c LOCAL HAY GRAIN Mer PRODUCTS (Retail (Furnished by the Tulsa Feed Paper hay, per ton LOCAL PRODUCTS Montana Pow Chicago LOC POULTRY MARKET North the Kansas City Store) Brake per per Mot Pierce per Pressed Steel seconds per LOCAL PRODUCE MARKET (From the Kansas City Fruit Co) pound per per per Pred per squash Drug per pound per pound Steel Coffee Vanadium NEW future rates White in Woolworth but after selling Brake off for prices covering March selling to The general closed at net clines points Top Jan. Ohio March stendy Rio 16 : Hudson North Rio exchange London Central dollar buying 42 higher Rio market port receipts Central Mahy receipts Defunct Bank Receiver The Texas Gulf Sulphur Co. de. Marquette comber clared Reading At Muskogee Resigns The company is now on com ** SKOGEE today he had for the Union Par Security Western ager for Senator W. Harreld Wheeling LE has named to succeed resigned as receiver for the First National bank Oka. Page him in that Pet SUICIDE MOTIVE MYSTERY IN KANSAS DEATH here today Indian parently found from revolver Pet the of his George and was rushed Marland to hospital but died before be Panhandle Doctor of of the No be by of the family for the suicide Pet Steamer Arrives Safely Simmons which cleared Wednesday for Cornoration Farming has rived noon Is Showing Increase Smith with the Cleveland Texas asked guards to WASHINGTON Nov. search for her A tendency farm. of University Head Elected the traditional AmeriBATON ROUGE Nov. In individual ownership White Oil Campbell by mandant West Point former. and made public today STANDARD STOCKS ly of here was elected of Louisiana on of Thirty the Farmers' national council. university President cotton farming Emeritus Thomas D. Boyd. made returns and the counell found. have his four farming and his M. and still have to returns and 108 Line ly on his PA to support him. More half the com reported no net for the Spain in said to have than year. Refining quarter of million beggars.

4. March 2, 1933 Las Vegas Daily Optic East Las Vegas, NM
Article from Las Vegas Daily Optic, March 2, 1933

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Article Text

SEVENTEEN STATES CHECK RUNS ON BANK Seven More Join Movement to Restrict Withdrawals of Deposited Moneys THREE AND FOUR DAYS TO BE TEMPORARY HOLIDAYS Situation Easing in Some States as Legislatures Planned Curb Laws Mississippi, Arizona, Nevada and in Oregon today joined the states. which there are limitations placed on the withdrawals of deposits from banks. in which limitations on withdrawals now exist. The proclamation of Gov. Ralph at San Francisco makes mandatory the closing of California banks (or three-day period ending Saturday The three-day holiday called Gov. Murray in Oklahoma for same period also is mandatory. The of Gov. Allen of Louisiana provides for the sation until the end of the week "all public business including Banks and other public enterprises." Mississippi the decree of state banking called only (Continued On Page Two)

5. March 2, 1933 The Hobart Democrat-Chief Hobart, OK
Article from The Hobart Democrat-Chief, March 2, 1933

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Article Text

Lone Wolf Open But Just 'Changing'; Others Closed CITY. Mar. Extension of Oklahoma's bank day until Wednesday was recommended today by Bank Commiss sioner J. Barnett as the state government placed legislative and executive protection over the 453 Oklahoma banks and their depositors. The first flurry of excitement over, following Gov. W. H. Murray's three-day bank moratorium proclamation, state officials pared new stabilizing bill. Assurance of safety both banks and depositors was the keynote of the situation in Oklahoma. The unusual spectacle of such great confidennce is local banks that the institutions remained open today in the face of heavy demands occasioned by the state wide holiday was enacted at Idabel, Durant, Enid, Valliant and Alva. Bankers in these communities declared their situations so sound they saw no need of inconveniencing depositors. The redrafted bill authorizing the bank commissioner to banks under a plan of restricwithdrawals was being drawn up. The senate was prepared to suspend all other and send bill through its first stage. Preparing for immediate action, Speaker Tom Anglin called the house into session this morning without waiting for the scheduled m. meeting time. The bank holiday was declared, Murray explained, to give the islature time to enact lieve the proposed bill the bank commissioner sweeping power delay payment of deposits all banks, trust companies, savings banks and segregate deposits from old deposits, with no restriction on the new deposits. The bank virtual dictator over financial stitutions with emergency author needed rules and ity to adopt any daily reports. require SIXTEEN STATES HOLIDAYS TODAY BANK to restrict with. The movement of bank deposits spread drawals rapidly through the south and west last night and today states operated under decrees for bank holidays. CaliforMississippi, Oklahoma, nia, Arizona, Nevada and Oregon ordered brief bank holidays to give time for legislatures to draw withdrawals legislation limiting deposits. Louisiana went farther by orderholiday for all iness. The New Orleans cotton cotton market change, largest was closed. the country, Executives announcing the new holidays for forcing the other states restructions by placing tension of banks which unusual strain on an to continue business sought mally. ONE BANK IN ONLY STAYS OPEN COUNTY The First National bank at Lone Wolf was the only banking tution in Kiowa county which mained open today, and was just "making change," according made by the Demosurvey Banks here, at Mountain Cooperton, Mountain View and Snyder were all closed, was the one at Rocky. OREGON TOO Ore., Mar. Governor Meier today declared three-day legal holiday state Oregon starting continuing through