Court ordered appointment of a receiver for the bank (District Court, Sept 1, 1928).
Newspaper Excerpt
By order of the Honorable District Court of the Territory of Alaska, Second Division. Dated Nome. Alaska, September 1st, 1928. G. R. JACKSON. Receiver of the Nome Bank and Trust Company, a corporation.
Source
newspapers
same day
2.September 1, 1928Receivership
Newspaper Excerpt
G. R. Jackson... was by order of the court appointed receiver and will liquidate the assets of the old Nome Bank and Trust Co.
Source
newspapers
+28 days
3.September 29, 1928Other
Newspaper Excerpt
NOTICE OF RECEIVERS SALE OF REAL ESTATE... said Receiver will on September 29th, 1928... offer for sale and sell at public auction to the highest bidder for cash all the right, title and interest of said Nome Bank and Trust Company...
Source
newspapers
Newspaper Articles (10)
1.September 1, 1928The Nome NuggetNome, AK
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NOTICE TO CREDITORS -Notice is hereby given to all persons having claims against the Nome Bank and Trust Company, a corporation, to present said claims duly verified by oath to G. R. Jack2011, Receiver of said Nome Bank and Trust Company at the Banking house of Miners and Merchants Bank of Alaska, Nome. Alaska, on or before October 15th. 1.928. or they may be barred from payment from the assets of said Nome Bank and Trust Company in the bands of said Receiver. By order of the Honorable District Court of the Territory of Alaska, Second Division. Dated Nome. Alaska, September 1st, 1928. G. R. JACKSON. Receiver of the Nome Bank and Trust Company, a corporation.
2.September 1, 1928The Nome NuggetNome, AK
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NOTICE OF RECEIVERS SALE OF REAL ESTATE Notice is hereby given by the undersigned receiver of Nome Bank and Trust Company. a corporation. that pursuant to an order of sale made by the District Court of the Territory of Alaska, Second Division. on September 1st, 1928, in that certain action pending in said court entitled J. C. Brown and F. E. Fuller. plaintiffs. vs. Nome Bank and Trust Company. a Corporation. defendant, that said Receiver will on September 29th, 1928, at twelve o'clock noon of said day at the front door of the United States Court House at Nome. Alaska. offer for sale and sell at public auction to the highest bidder for cash all the right. title and interest of said Nome Bank and Trust Company in and to those certain patented Placer mining claims situated in Cape Nome Recording District, Territory of Alaska, Second Division, described as follows: All of the Beatrice Placer mineral survey No. 328 containing an area of 6.784 acres: an undivided 3/4 interest in No. Nine on Otter Creek Placer, mineral survey No. 327 containing an area of 17.189 acres: an undivided 1-12 interest in Gertrude Placer, mineral survey No. 746 containing an area of 120.895 acres. The sale will be made subject to confirmation by said District Court and Receiver's deed will be delivered to the purchaser or purchasers upon such confirmation. Dated at Nome, Alaska, September 1st, 1928. G. R. JACKSON. Receiver of Nome Bank and and Trust Company, a corporation.
3.September 1, 1928The Nome NuggetNome, AK
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G. R. Jackson. president of the Miners and Merchants Bank, was by order of the court appointed receiver and will liquidate the assets of the old Nome Bank and Trust Co.
4.September 8, 1928The Nome NuggetNome, AK
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NOTICE TO CREDITORS -Notice is hereby given to all persons having claims against the Nome Bank and Trust Company, a corporation, to present said claims duly verified by oath to G. R. Jack2014, Receiver of said Nome Bank and Trust Company at the Banking house of Miners and Merchants Bank of Alaska, Nome, Alaska, ou or before October 15th, 1928, or they may be barred from payment from the assets of said Nome Bank and Trust Company in the hands of said Receiver. By order of the Honorable District Court of the Territory of Alaska, Second Division. Dated Nome Alaska,, September 1st, 1928. G. R. JACKSON. Receiver of the Nome Bank and Trust Company, a corporation.
5.September 15, 1928The Nome NuggetNome, AK
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NOTICE TO CREDITORS Notice is hereby given to all persons having claims against the Nome Bank and Trust Company. a corporation, to present said claims duly verified by oath to G. R. Jackson, Receiver of said Nome Bank and Trust Company at the Banking house of Miners and Merchants Bank of Alaska, Nome. Alaska, on or before October 15th, 1928. or thev may be barred from payment from the assets of said Nome Bank and Trust Company in the hands of said Receiver. By order of the Honorable District Court of the Territory of Alaska, Second Division. Dated Nome, Alaska, September 1st, 1928. G. R. JACKSON. Receiver of the Nome Bank and Trust Company, a corporation.
6.September 22, 1928The Nome NuggetNome, AK
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NOTICE TO CREDITORS Notice is hereby given to all persons having claims against the Nome Bank and Trust Company, a corporation, to present said claims duly verified by oath to G. R. Jacksoit. Receiver of said Nome Bank and Trust Company at the Banking house of Miners and Merchants Bank of Alaska, Nome, Alaska, on or before October 15th, 1928, or they may be barred from payment from the assets of said Nome Bank and Trust Company in the bands of said Receiver. By order of the Honorable District Court of the Territory of Alaska, Second Division. Dated Nome. Alaska, September 1st, 1928. G. R. JACKSON. Receiver of the Nome Bank and Trust Company, a corporation.
7.September 29, 1928The Nome NuggetNome, AK
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and Receiver's dead will be delivered to the purchaser or purchasers upon such confirmation. Dated at Nome, Alaska, Septemher 1st, 1928. G. R. JACKSON. Receiver of Nom Bank and and Trust Company, a corporation.
8.September 29, 1928The Nome NuggetNome, AK
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NOTICE OF RECEIVERS SALE OF REAL ESTATE Notice is hereby given by the undersigned receiver of Nome Bank and Trust Company. a corporation. that pursuant to an order of sale made by the District Court of the Territory of Alaska, Second Division, on September 1st, 1928, in that certain action pending in said court entitled J. C. Brown and F. E. Fuller. plaintiffs, VS. Nome Bank and Trust Company, a Corporation, defendant, that said Receiver will on September 29th. 1928, at twelve o'clock noon of said day at the front door of the United States Court House at Nome, Alaska, offer for sale and sell at public auction to the highest bidder for cash all the right, title and interest of said Nome Bank and Trust Company in and to those certain patented Placer mining claims situated in Cape Nome Recording District, Territory of Alaska. Second Division, d scribed as follows: All of the Beatrice Placer mineral survey No. 328 containing an area of 6.784 acres: an undivided 3/4 interest in No. Nine on Otter Creek Placer, mineral survey No. 327 containing an area of 17.189 acres: an undivided 1-12 interest in Gertrude Placer. mineral survey No. 746 containing an area of 120.895 acres. The sale will be made subject to confirmation by said District Court
9.September 29, 1928The Nome NuggetNome, AK
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NOTICE TO CREDITORS Notice is hereby given to all persons having claims against the Nome Bank and Trust Company, a corporation, to present said claims duly verified by oath to G. R. Jackson. Receiver of said Nome Bank and Trust Company at the Banking house of Miners and Merchants Bank of Alaska, Nome, Alaska, on or before October 15th, 1928. or they may be barred from payment from the assets of said Nome Bank and Trust Company in the hands of said Receiver. By order of the Honorable District Court of the Territory of Alaska, Second Division. Dated Nome, Alaska, September 1st, 1928. G. R. JACKSON. Receiver of the Nome Bank and Trust Company, a corporation.
10.October 6, 1928The Nome NuggetNome, AK
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NOTICE TO CREDITORS Notice is hereby given to all persons having claims against the Nome Bank and Trust Company, a corporation, to present said claims duly verified by oath to G. R. Jacksoin, Receiver of said Nome Bank and Trust Company at the Banking house of Miners and Merchants Bank of Alaska, Nome, Alaska, on or before October 15th, 1928, or they may be barred from payment from the assets of said Nome Bank and Trust Company in the bands of said Receiver. By order of the Honorable District Court of the Territory of Alaska, Second Division. Dated Nome, Alaska, September 1st, 1928. G. R. JACKSON. Receiver of the Nome Bank and Trust Company, a corporation.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.
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Nome Bank & Trust Company · Episode ID 5561463591545
