6403. Latonia Deposit Bank (Latonia, KY)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
July 26, 1934
Location
Latonia, Kentucky (39.048, -84.509)

Metadata

Model
gpt-5-mini
Short Digest
f6308bddfcb39678

Response Measures

None

Description

Articles (Cincinnati Enquirer, Aug 12, 1934) report that a liquidating agent (Charles Moorman) is handling collections and disbursements for the Latonia Deposit Bank (referred to as Latonia Deposit Bank Trust Company). They describe payments to depositors (a 10% dividend) and liquidation reports — indicating the bank was closed and in liquidation/receivership. No run or temporary suspension event is described in the provided extracts.

Events (1)
1. July 26, 1934 Receivership
Newspaper Excerpt
Charles Moorman, liquidating agent for the Latonia Deposit Bank Trust Company, reported collections from May 26 to July 26 were $6,604.16. Disbursements were $48,970.62, these including 10 per cent dividend, amounting to $47,196.69 paid July ... (Cincinnati Enquirer, 1934-08-12).
Source
newspapers

Newspaper Articles (2)
1. August 12, 1934 The Cincinnati Enquirer Cincinnati, OH
Article from The Cincinnati Enquirer, August 12, 1934

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Article Text

LIQUIDATION UNDER WAY. Receipts Of Bank Of Ludlow And Latonia Institution Reported Liquidating agents Kenton County yesterday filed office of Kenton Circuit John Herold T. liquidating agent for the reported that included paid depositors balance of Charles liquidating the Latonia Deposit Bank reported tions from 26 to 26 July

2. August 12, 1934 The Cincinnati Enquirer Cincinnati, OH
Article from The Cincinnati Enquirer, August 12, 1934

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Article Text

LIQUIDATION UNDER WAY. Receipts Of Bank Of Ludlow And Latonia Institution Reported. Liquidating agents of two Kenton County banks yesterday filed reports in the office of Kenton Circuit Court Clerk John Herold. Goodlet, liquidating agent for the Bank Ludlow, reported that receipts June 11 and July 25 totaled $26,353.70, while disbursements were $24,638.11, which included cent of $24,051.70 paid depositors July showed balance of $1,715.59 hand. Charles Moorman, liquidating agent for the Latonia Deposit Bank Trust Company, reported collections from May 26 to July 26 were $6,604.16. Disbursements were $48,970.62, these including 10 per cent dividend, amounting to $47,196.69 paid July