Citizens State Bank (Brewster, WA)

Episode Information

Episode Type
Suspension → Closure
Start Date
November 1, 1907*
Location
Brewster, Washington (48.096, -119.781)
Bank Type
state

Metadata

Episode ID
Bank ID
City ID
531516938
Model
gpt-5-mini
Short Digest

Notes

Sources show receiver appointed November and later winding up/sales; reopening was proposed but outcome unclear.

Events (3)
1. November 1, 1907* Suspension
Cause
Government Action
Cause Details
Bank placed in hands of a receiver in November (suspension/receivership ordered).
Newspaper Excerpt
which was placed in the hands of a receiver in November.
Source
newspapers
2. January 18, 1908 Other
Newspaper Excerpt
Will Reopen Bank. BREWSTER, Wash., Jan. 18.-L. L. Work...is now making arrangements to reopen the Citizens' State bank of this place, which was placed in the hands of a receiver in November.
Source
newspapers
3. March 9, 1908 Receivership
Newspaper Excerpt
Receiver Appointed. E. R. Tyler, receiver of the Citizens State Bank of Brewster...they are proceeding with the winding up of the bank's affairs as fast as possible. ...fixtures of the Twisp branch of the defunct bank were sold by the receiver at $550.
Source
newspapers

Newspaper Articles (2)
1. January 18, 1908 The Evening Statesman Walla Walla, WA
Article from The Evening Statesman, January 18, 1908

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Article Text

Will Reopen Bank

BREWSTER, Wash., Jan. 18.-L. L. Work. president of the Commercial banks at Twisp and Conconully, is now making arrangements to reopen the Citizens' State bank of this place, which was placed in the hands of a receiver in November.

2. March 9, 1908 The Wenatchee Daily World Wenatchee, WA
Article from The Wenatchee Daily World, March 9, 1908

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Article Text

Receiver Appointed

E. R. Tyler, receiver of the Citizens State Bank of Brewster, accompanied by Frank Foster, his attorney, came up from Brewster Tuesday, to interview the debtors and creditors of the institution in this valley. There is little to give other than that they are proceeding with the winding up of the bank's affairs as fast as possible. The fixtures of the Twisp branch of the defunct bank were sold by the receiver at $550, considered a very good sale for the creditors of the bank. Mr. Tyler states the proposition of reorganizing the bank is by no means dead, and that it stands a good show yet of taking place. They visited Winthrop yesterday and returned home today. -Twisp News.