602. Globe Bank & Savings Company (Globe, AZ)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
February 26, 1907
Location
Globe, Arizona (33.394, -110.786)

Metadata

Model
gpt-5-mini
Short Digest
bf2d551563156f59

Response Measures

None

Description

Local notice indicates the bank have gone-at rest and that All obligations are paid in full, implying a voluntary, permanent cessation of operations (owners retiring after 41 years). No mention of runs, suspensions for liquidity reasons, or receivership; this appears to be an orderly winding up/closure.

Events (1)
1. February 26, 1907 Suspension
Cause
Voluntary Liquidation
Cause Details
Proprietors (E. F. Kellner & Co.) announce they have gone-at rest after 41 years and state all obligations are paid, indicating voluntary closure.
Newspaper Excerpt
E. F. Kellner & Co., Globe Bank & Savings company have gone-at rest. All obligations are paid in full.
Source
newspapers

Newspaper Articles (2)
1. February 26, 1907 Daily Arizona Silver Belt Globe, Miami, AZ
Article from Daily Arizona Silver Belt, February 26, 1907

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Article Text

Advertise in the Silver Belt. E. F. Kellner and our Globe Bank & Savings company have gone-at rest. All obligations are paid in full. People who owe us are welcome to pay. To our many friends and customers we give a hearty farewell; Billy Ransome says ditto. Our boys will write their own mark. Look for our sign over the divide. Meantime, trade with Brookner; he is next to us. The month completes forty-one years we run our own business and all is well with E. F. Kellner. 119

2. February 27, 1907 Daily Arizona Silver Belt Globe, Miami, AZ
Article from Daily Arizona Silver Belt, February 27, 1907

Click image to open full size in new tab

Article Text

E. F. Kellner & Co., Globe Bank & Savings company have gone-at rest. All obligations are paid in full. People who owe us are welcome to pay. To our many friends and customers we give a hearty farewell; Billy Ransome says ditto. Our boys will write their own mark. Look for our sign over the divide. Meantime, trade with Brookner; he is next to us. This month completes forty-one years we run our own business and all is well with E. F. Kellner. 119