568. Reyno State Bank (Reyno, AR)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
April 28, 1911
Location
Reyno, Arkansas (36.363, -90.754)

Metadata

Model
gpt-5-mini
Short Digest
3457b438

Response Measures

None

Description

No newspaper article describes a depositor run. Articles report the bank suspended operations several months ago, a chancery suit to dissolve the Reyno State Bank as an insolvent corporation, appointment of J. J. Lewis as receiver (Apr 28, 1911), and subsequent receiver's sales in 1911–1912. Although a Sept 15, 1911 item mentions citizens arranging to reorganize the bank, the court dissolution and receiver sales indicate the bank remained in receivership and assets were sold. Thus this is a suspension followed by closure/receivership.

Events (6)

1. April 28, 1911 Other
Newspaper Excerpt
REYNO STATE BANK FILES SUIT IN COURT A suit was filed in chancery court this week to have the affairs of the Reyno State, Bank settled under act providing for disolution of insolvent corporations. Chancellor Humphries appointed J. J. Lewis receiver and he has duly qualified as such.
Source
newspapers
2. September 7, 1911 Other
Newspaper Excerpt
By order and direction of the Randolph Circuit Court, made and entered of record on September 7th, 1911, ... action for the dissolution of the Reyno State Bank as an insolvent corporation. Notice is hereby given to all the creditors ... to present their claims ... J.J. Lewis, Receiver of Reyno State Bank.
Source
newspapers
3. October 7, 1911 Other
Newspaper Excerpt
Receiver's Sale ... will on the 7th day of October, 1911, at the front door of the Reyno State Bank ... offer and expose for sale ... all the right, title and estate of the Reyno State Bank ...
Source
newspapers
4. April 12, 1912 Other
Newspaper Excerpt
Receiver's Sale ... will offer and expose for sale on April 12, 1912, at public outcry ... Lots ten (10), eleven (11) and twelve (12) in block three (3) in the town of Reyno.
Source
newspapers
5. December 20, 1912 Other
Newspaper Excerpt
To Bank Creditors ... I will send each of you 50 per cent of the balance due the last of this week. I have collected about two thousand dollars in the last ten days ... J. J. LEWIS, Receiver.
Source
newspapers
6. * Suspension
Cause
Bank Specific Adverse Info
Cause Details
Article states the institution suspended operations several months ago and later a chancery suit seeks dissolution of the Reyno State Bank as an insolvent corporation, indicating bank-specific insolvency.
Newspaper Excerpt
WILL RE-ORGANIZE REYNO STATE BANK ... institution suspended operations several months ago.
Source
newspapers

Newspaper Articles (11)

Article from Pocahontas Star Herald, April 28, 1911

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Article Text

REYNO STATE BANK FILES SUIT IN COURT A suit was filed in chancery court this week to have the affairs of the Reyno State, Bank settled under act providing for disolution of insolvent corporations. Chancellor Humphries appointed J. J. Lewis receiver and he has duly qualified as such. The result of this action will be that all attachments and garnishments will be set aside and all creditors will share in assets on same basis. The bank 18 represented by Attorneys Witt & Schoonover.


Article from Pocahontas Star Herald, June 9, 1911

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Article Text

J. J. Lewis, receiver for the defunct Reyno State Bank, went up there on business Monday. Bill Hockaday, the reformed drummer preacher, who held a meeting here two or three years ago, is holding meetings in Baxter county. W. A. Owen, owner of Oakland farm south of town, came up Monday to look. after some business matters and to tell the boys how to carry on dry farming successfully. L. F. Johnston of Albertha was in town on business Saturday. Lee Barnett was down from Dalton Friday on business. Miss Eva Eagle of Cape Girardeau, Mo., has been in Pocahontas for several days visiting her sisters, Mrs. Ferd Spinnenweber and Mrs. R. N. Schoonover. Miss Eva has many friends in Pocahontas who are always glad to see her. Eld. J. Will Henley, who conducted a two-weeks revival meeting here closed out Friday night and left for bis home Saturday. Several persons were added to the church through his instrumentality. His next meeting will be held at Reyno. Several Woodmen from Pocahontas went out to Oak Grove Sunday where they assisted in the unveiling of the monument of the late Sovereign W. M. Bigger. Rev. J. F. Rorex, who was prin cipal of Ouachita-Maynard Academy a few years ago and also pastor of the Baptist church at that place, at the same time, delivered two lectures there last week. Prof. Rorex is located in New Mexico and had come back to Arkansas on a visit, when his friends found out he was in the state they prevailed on him to come to Maynard for a few days. He states that he was royally entertained while there. Miss Alma Spikes, who bas been attending the state university at Fayetteville, arrived home Saturday. Miss Alma will teach the summer term of school at Swartz.


Article from Pocahontas Star Herald, September 15, 1911

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Article Text

Receiver's Sale. Notice is hereby given that by virtue of an order of the Randolph Chancery Court, made and entered of record on September 7 1911, in a cause then pending therein wherein D. Wn Reynolds and others were plaintiffs. and the Reyno State Bank and others were defendants. the undersigned, duly appointed as Receiver in said cause. will on the 7th day of October, 1911. at the front door of the Reyno State Bank, at Renyo. Arkansas, between the hours prescribed by law for judicial sales, offeo and expose for sale, to the highest and best bidder. all the right. title and estate of the Reyno State Bank in and to the following described real estate. to wit:All of lot number four (4) of block five (5) in the town of Reyno. except that part thereof heretofore sold to L. F. Maynard. on the day of December, 1909. which is a strip on the south or west side thereof 25x134 feet, the right and interest to be sold is subject to the rights and easaments held by Reyno Lodge no 417. F. & A. M. and Reyno Lodge no, 229, I. O. O. F. in said real estate and the building thereon: and subject also to the right and eesement granted on day of December 1909. to L. F. Maynard. and assigns by deed recorded deed record no, 39 page 170, to join the band building with one store building. The furniture and fixtures contained in said building will not be included in the sale made of the real estate. Said sale will be made on a credit of three months. the purchaser being required to execute note with approved personal security. bearing interest from date of sale until paid at the rate of ten per cent per annum, and lien will be retained on the property sold until purchase price and the interest thereon have been fully paid. Sale will be made sub. ject to the approval and confirmalion of the said Court. This Sept. 11. 1911. J. J. Lewis, Receiver.


Article from Pocahontas Star Herald, September 15, 1911

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Article Text

Notice To Creditors. By order and direction of the Randolph Circuit Court. made and entered of record on September 7th, 1911, in a cause pending in said Court in cause wherein D. W. Reynolds et al are praintiffs, and Reyno State Bank et al are defendants, the same being an action for the dissolution of the Reyno State Bank as an insolvent corporation. Notice is hereby given to all the creditors of the said Reyno State Bank. of Reyno, Ark ansas, to present their claims, duly verifled and authenticated. to the undersipned Receiver. within ninety (90) days from the date of such order, if they desire to share in the assets of the said Reyno State Bank: and if not SO presented within such time they will be precluded from any benefit or participation in such assets. This September 8 1911. J.J. Lewis, Receiver of Reyno State Bank.


Article from Pocahontas Star Herald, September 15, 1911

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Article Text

WILL RE-ORGANIZE REYNO STATE BANK Citizens of Reyno have made arrangements to re-organize the Reyno State Bank, which. instution suspended operations several months ago. The capital stock will be $12, 000.00, fully paid up. Uncle Den. nis Reynolds informs us that the organization will be perfected within the next few days and that the bank will be ready for operation in time to take care ot the fall business. The new organization will take over the building and fixtures of the old bank.


Article from Pocahontas Star Herald, September 22, 1911

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Article Text

Notice To Creditors. By order and direction of the Randolph Circuit Court, made and entered of record on September 7th, 1911, in a cause pending in said Court in cause wherein D. W. Reynolds et al are praintiffs, and Reyno State Bank et al are defendants, the same being an action for the dissolution of the Reyno State Bank as an insolvent corporation. Notice is hereby given to all the creditors of the said Reyno State Bank. of Reyno. Ark ansas, to present their claims, duly verifled and authenticated, to the undersigned Receiver, within ninety (90) days from the date of such order, if they desire to share in the assets of the said Reyno State Bank: and if not SO presented within such time they will be precluded from any benefit or participation in such assets. This September 8 1911. J. J. Lewis, Receiver of Reyno State Bank.


Article from Pocahontas Star Herald, October 6, 1911

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Article Text

Receiver's Sale. Notice is hereby given that by virtue of an order of the Randolph Chancery Court, made and entered of record on September 7 1911. in a cause then pending therein wherein D. W* Reynolds and others were plaintiffs. and the Reyno State Bank and others were defendants, the undersigned, duly appointed as Receiver in said cause. will on the 7th day of October; 1911. at the front door of the Reyno State Bank, at Renyo. A Arkansas, between the hours prescribed by law for judicial sales. offeo and expose for sale. to the highest and best bidder. all the right. title and estate of the Reyno State Bank in and to the following described real estate, to wit:All of lot number four (4) of block five (5) in the town of Reyno, except that part thereof heretofore sold to L. F. Maynard. on the day of December, 1909, which is a strip on the south or west side thereof 25x134 feet, the right and interest to be sold is subject to the rights and eafaments held by Reyno Lodge no 417, F. & A. M. and Reyno Lodge no. 229, I. O. O. F. in said real estate and the building thereon: and subject also to the day of right and eesement granted on December 1909. to L. F. Maynard. and assigns by deed recorded deed record no. 39 page 170, to join the band building with one store building. The furniture and fixtures contained in said building will not be included in the sale made of the real estate. Said sale will be made on a credit of three months. the purchaser being required to exe cute note with approved personal security. bearing interest from date of sale until paid at the rate of ten per cent per a nnum. and lien will be retained on the property sold until purchase price and the interest thereon have been fully paid. Sale will be made sub ject to the approval and confirmalion of the said Court. This Sept. 11. 1911. J. J. Lewis, Receiver


Article from Pocahontas Star Herald, March 15, 1912

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Receiver's Sale Notice is hereby given that by virtue of the order and decree of the Randolph chancery court, made and entered of record at its March, 1912, term. in a cause then pending therein wherein J. J. Lewis as Receiver of the Reyno State Bank, was plaintiff. and Katie Shaver and John W. Shaver were defendants. and B. F. Nance was cross-complainant. the undersigned, as Receiver of the Reyno State Bank will offer and expose for sale on April 12. 1912, at public outcry. to the highest and best bidder. at the premises, in Reyno. Arkansas, the following described real estate towit: Lots ten (10), eleven (11) and twelve (12) in block three (3) in the town of Reyno. Sale will be made between the hours prescribed by law for judicial sales, and on a credit of three months. purchaser being required to execute note with approved personal security, bearing interest from date of sale until paid at the fate of ten per cent per annum. and lien will be retained on the said real estate for the purchase price and interest thereon. Sale will be made subject to the approval and confirmation of the said J. J. LEWIS, court. March 13, 1912. Receiver of Reyno State Bank. 28-4t


Article from Pocahontas Star Herald, March 22, 1912

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LEGAL ADS Receiver's Sale Notice is hereby given that by virtue of the order and decree of the Randolph chancery court, made and entered of record at its March, 1912, term. in a cause then pending therein wherein J. J. Lewis as Receiver of the Reyno State Bank, was plaintiff. and Katie Shaver and John W. Shaver were defendants. and B. F. Nance was cross-complainant. the undersigned, as Receiver of the Reyno State Bank will offer and expose for sale on April 12, 1912, at public outery, to the highest and best bidder, at the premises, in Reyno. Arkansas, the following described real estate towit: Lots ten (10), eleven (11) and twelve (12) in block three (3) in the town of Reyno. Sale will be made between the hours prescribed by law for judicial sales, and on a credit of three months, purchaser being required to execute note with approved personal security. bearing interest from date of sale until paid at the rate of ten per cent per annum, and lien will be retained on the said real estate for the purchase price and interest thereon. Sale will be made subject to the approval and confirmation of the said J.J.LEWIS. court. March 13, 1912. Receiver of Reyno State Bank. 28-4t


Article from Pocahontas Star Herald, March 29, 1912

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LEGAL ADS Receiver's Sale Notice is hereby given that by virtue of the order and decree of the Randolph chancery court, made and entered of record at its March, 1912, term, in a cause then pending therein wherein J. J. Lewis as Receiver of the Reyno State Bank, was plaintiff, and Katie Shaver and John W. Shaver were defendants. and B. F. Nance was cross-complainant. the undersigned, as Receiver of the Reyno State Bank will offer and expose for sale on April 12, 1912, at public outcry. to the highest and best bidder. at the premises, in Reyno, Arkansas, the following described real estate towit: Lots ten (10), eleven (11) and twelve (12) in block three (3) in the town of Reyno. Sale will be made between the hours prescribed by law for judicial sales, and on a credit of three months. purchaser being required to execute note with approved personal security, bearing interest from date of sale until paid at the rate of ten per cent per annum. and lien will be retained on the said real estate for the purchase price and interest thereon. Sale will be made subject to the approval and confirmation of the said J.J. LEWIS, court. March 13, 1912. 28-4t Receiver of Reyno State Bank


Article from Pocahontas Star Herald, December 20, 1912

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To Bank Creditors A Merry Christmas and good news to all the creditors of the Reyno State Bank: Through the kindness of the Star Herald-I take this means of notifying the creditors of Reyno State Bank that I will send each of you 50 per cent of the balance due the last of this week. I have collected about two thousand dollars in the last ten days and feel sure that the bank will finally pay nearly every Very truly, cent due. J. J. LEWIS, Receiver. 171t.