662. Nogales Building and Loan Association (Nogales, AZ)

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: May 20, 1938
Location: Nogales, Arizona (31.340, -110.934)

Metadata

Model: gpt-5-mini
Short Digest: fcb892a3

Response Measures

None

Description

Articles consistently state the Nogales Building and Loan Association is insolvent and Lloyd Thomas, Superintendent of Banks, is acting as receiver. There is no description of a depositor run in the articles; instead they describe receivership, foreclosure sale and final liquidation proceedings (1938–1939). I infer a state‑chartered building & loan association (not a national bank).

Events (3)

1. May 20, 1938 Receivership

Newspaper Excerpt: Lloyd Thomas, as Superintendent of Banks of the State of Arizona and Receiver of Nogales Building and Loan Association, an insolvent building and loan association, is plaintiff ... upon a judgment rendered on the 16th day of May, 1938 ... I AM COMMANDED to sell the land ... under execution ... DATED this 20th day of May, 1938. H. J. BROWN, Sheriff, By D. O. Wilkey Deputy Sheriff. (Publication dates May 28, June 4, etc.)
Source: newspapers

2. May 20, 1938 Suspension

Cause: Government Action
Cause Details: Superintendent of Banks intervened and appointed a receiver due to insolvency; foreclosure and special execution issued May 20, 1938.
Newspaper Excerpt: LLOYD THOMAS, as Superintendent of Banks of the State of Arizona and Receiver of Nogales Building and Loan Association, an insolvent building and loan association
Source: newspapers

3. June 19, 1939 Other

Newspaper Excerpt: LLOYD THOMAS, as Superintendent of Banks of the State of Arizona and Receiver of Nogales Building and Loan Association, a corporation, insolvent, having filed herein his verified petition praying for an order of this court settling, allowing and approving his final account and report in the matter of the liquidation of said Nogales Building and Loan Association ... and for an order of this court discharging him as Receiver of said Nogales Building and Loan Association; ALL CREDITORS ... are hereby ordered to appear ... on Monday the 19th day of June, 1939, at the hour of 11:00 o'clock ... then and there to show cause ... why the prayer of said petitioner should not be granted. (The notices published May–June 1939.)
Source: newspapers

Newspaper Articles (10)

1. May 28, 1938 Nogales International Nogales, AZ

Article from Nogales International, May 28, 1938

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LEGAL NOTICE JOHN DOE STRECKENBACH, husband of Hulda Streckenbach, THE UNKNOWN HEIRS OF HULDA STRECKENBACH, Deceased, THE UNKNOWN HEIRS OF JOHN DOE STRECKENBACH, Deceased, husband of Hulda Streckenbach, HUGO W. STRECKENBACH, JANE DOE STRECKENBACH, wife of Hugo W. Streckenbach, THE UNKNOWN HEIRS OF HUGO W. STRECKENBACH, Deceased, and the UNKNOWN HEIRS OF JANE DOE STRECKENBACH, deceased wife of Hugo W. Streckenbach, Defendants. NOTICE OF SALE OF REAL ESTATE UNDER SPECIAL EXECUTION WHEREAS, under and by virtue of a special execution attested the 20th day of May, 1938, and issued out of the Superior Court of the State of Arizona, in and for the County of Santa Cruz, in an action wherein Lloyd Thomas, as Superintendent of Banks of the State of Arizona and Receiver of Nogales Building and Loan Association, an insolvent building and loan association, is plaintiff, and James R. Hannan and Florence Hannan, as Administrators of the Estate of Patrick Hannan, deceased, James R. Hannan and Florence Hannan, Santa Cruz Valley Bank and Trust Company, a corporation, W. J. Donald, as Receiver of the Nogales National Bank, a national banking association, J. A. Harrison, Hulda Streckenbach, John Doe Streckenbach, husband of Hulda Streckenbach, the Unknown Heirs of Hulda Streckenbach, Deceased, the Unknown Heirs of John Doe Streckenbach, deceased husband of Hulda Streckenbach, Hugo W. Streckenbach, Jane Doe Streckenbach, wife of Hugo W. Streckenbach, the Unknown heirs of Hugo W. Streckenbach, deceased, and the Unknown Heirs of Jane Doe Streckenbach, deceased wife of Hugo W. Streckenbach, defendants, upon a judgment rendered on the 16th day of May, 1938, in favor of said plaintiff and against said defendants, and foreclosing plaintiff's mortgage lien upon the real estate hereinafter described in satisfaction of said mortgage and said judgment for the sum of One Thousand Five Hundred ($1500.00) Dollars, with interest thereon from May 16, 1938, at the rate of ten (10%) per cent. per annum. I AM COMMANDED to sell the land and real estate hereinafter described as under execution in satisfaction of said judgment and of said plaintiff's mortgage lien on said real estate an the same existed on the 30th day of April, 1925, or at any time afterwards, said real estate being situated in the City of Nogales, Santa Cruz County, State of Arizona, and described as follows, to-wit: All that certain lot, piece or parcel of land having a frontage on the eastern side of Morley Avenue of 51.29 feet, more or less, and extending back easterly and measuring on its northern boundary 209.68 feet; on its eastern boundary 49.22 feet, and on its southern boundary measuring 206.37 feet and being Lot number Twenty (20) in Block Sixteen (16), as delineated on the map of the Town (now City) of Nogales, Arizona, and being the identical land and real estate described in deed from W. F. Overton, Mayor, to Hugo W. and Hulda Streckenbach and recorded in Book 1 at page 409 of Deeds in the office of the County Recorder of Haid Santa Cruz County; together with the improvements thereon. NOW, THEREFORE, NOTICE IS HEREBY GIVEN, that at the hour of ten o'clock in the forenoon of Saturday, the 18th day of June, 1938, at the front door of the Court House in the City of Nogales, Santa Cruz, State of Arizona, I will sell the above described property, or so much thereof as may be necessary to satisfy said judgment, interest and accruing costs, at public auction to the highest bidder or bidders for cash. 1938. DATED this 20th day of May, H. J. BROWN, Sheriff, By D. O. Wilkey Deputy Sheriff

2. May 28, 1938 Nogales International Nogales, AZ

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3. June 4, 1938 Nogales International Nogales, AZ

Article from Nogales International, June 4, 1938

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IN THE SUPERIOR COURT OF THE STATE OF ARIZONA, IN AND FOR THE COUNTY OF SANTA CRUZ. LLOYD THOMAS, as Superintendent of Banks of the State of Arizona and Receiver of Nogales Building and Loan Association. Plaintiff, -VSJAMES R. HANNAN and FLORENCE HANNAN, as Administrators of the Estate of Patrick Hannan, deceased, JAMES R. HANNAN and FLORENCE HANNAN, SANTA CRUZ VALLEY BANK AND TRUST COMPANY, a corporation, W. J. DONALD, as Receiver of The Nogales National Bank, a national banking association, J. A. HARRISON, HULDA STRECKENBACH, JOHN DOE STRECKENBACH, husband of Hulda Streckenbach, THE UNKNOWN HEIRS OF HULDA STRECKENBACH, Deceased, THE UNKNOWN HEIRS OF JOHN DOE STRECKENBACH, Deceased, husband of Hulda Streckenbach, HUGO W. STRECKENBACH, JANE DOE STRECKENBACH, wife of Hugo W. Streckenbach, THE UNKNOWN HEIRS OF HUGO W. STRECKENBACH, Deceased, and the UNKNOWN HEIRS OF JANE DOE STRECKENBACH deceased wife of Hugo W. Streckenbach, Defendants. NOTICE OF SALE OF REAL ESTATE UNDER SPECIAL EXECUTION WHEREAS, under and by virtue of a special execution attested the 20th day of May, 1938, and issued out of the Superior Court of the State of Arizona, in and for the County of Santa Cruz, in an action wherein Lloyd Thomas, as Superintendent of Banks of the State of Arizona and Receiver of Nogales Building and Loan Association, an insolvent building and loan association, is plaintiff, and James R. Hannan and Florence Hannan, as Administrators of the Estate of Patrick Hannan, deceased, James R. Hannan and Florence Hannan, Santa Cruz Valley Bank and Trust Company, a corporation, W. J. Donald, as.Receiver of the Nogales National Bank, a national banking association, J. A. Harrison, Hulda Streckenbach, John Doe Streckenbach, husband of Hulda Streckenbach, the Unknown Heirs of Hulda Streckenbach, De ceased, the Unknown Heirs of John Doe Streckenbach, deceased husband of Hulda Streckenbach, Hugo W. Streckenbach, Jane Doe Streckenbach, wife of Hugo W. Streckenbach, the Unknown heirs of Hugo W. Streckenbach, deceased, and the Unknown Heirs of Jane Doe Streckenbach, deceased wife of Hugo W. Streckenbach, defendants, upon a judgment rendered on the 16th day of May, 1938, in favor of said plaintiff and against said defendants, and foreclosing plaintiff's mortgage lien upon the real estate hereinafter described in satisfaction of said mortgage and said judgment for the sum of One Thou-

4. June 11, 1938 Nogales International Nogales, AZ

Article from Nogales International, June 11, 1938

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LEGAL NOTICE husband of Hulda Streckenbach, THE UNKNOWN HEIRS OF HULDA STRECKENBACH, Deceased, THE UNKNOWN HEIRS OF JOHN DOE STRECKENBACH, Deceased, husband of Hulda Streckenbach, H U G o W. STRECKENBACH, JANE DOE STRECKENBACH, wife of Hugo W. Streckenbach, THE UNKNOWN HEIRS OF HUGO W. STRECKENBACH, Deceased, and the UNKNOWN HEIRS OF JANE DOE STRECKENBACH, deceased wife of Hugo W. Streckenbach, Defendants. NOTICE OF SALE OF REAL ESTATE UNDER SPECIAL EXECUTION WHEREAS, under and by virtue of a special execution attested the 20th day of May, 1938, and issued out of the Superior Court of the State of Arizona, in and for the County of Santa Cruz, in an action wherein Lloyd Thomas, as Superintendent of Banks of the State of Arizona and Receiver of Nogales Building and Loan Association, an insolvent building and loan association, is plaintiff, and James R. Hannan and Florence Hannan, as Administrators of the Estate of Patrick Hannan, deceased, James R. Hannan and Florence Hannan, Santa Cruz Valley Bank and Trust Company, a corporation, W. J. Donald, as Receiver of the Nogales National Bank, a national banking association, J. A. Harrison, Hulda Streckenbach, John Doe Streckenbach, husband of Hulda Streckenbach, the Unknown Heirs of Hulda Streckenbach, De. ceased, the Unknown Heirs of John Doe Streckenbach, deceased husband of Hulda Streckenbach, Hugo W. Streckenbach, Jane Doe Streckenbach, wife of Hugo W. Streckenbach, the Unknown heirs of Hugo W. Streckenbach, deceased, and the Unknown Heirs of Jane Doe Streckenbach, deceased wife of Hugo W. Streckenbach, defendants, upon a judgment rendered on the 16th day of May, 1938, in favor of said plaintiff and against said defendants, and foreclosing plaintiff's mortgage lien upon the real estate hereinafter described in satisfaction of said mortgage and said judgment for the sum of One Thousand Five Hundred ($1500.00) Dollars, with interest thereon from May 16, 1938, at the rate of ten (10%) per cent. per annum. I AM COMMANDED to sell the land and real estate hereinafter described as under execution in satisfaction of said judgment and of said plaintiff's mortgage lien on said real estate as the same existed on the 30th day of April, 1925, or at any time afterwards, said real estate being situated in the City of Nogales, Santa Cruz County, State of Arizona, and described as follows, to-wit: All that certain lot, piece or parcel of land having a frontage on the eastern side of Morley Avenue of 51.29 feet, more or less, and extending back easterly and measuring on its northern boundary 209.68 feet: on its eastern boundary 49.22 feet, and on its southern boundary measuring 206.37 feet and being Lot number Twenty (20) in Block Sixteen (16), as delineated on the map of the Town (now City) of Nogales, Arizona, and being the identical land and real estate described in deed from W. F. Overton, Mayor, to Hugo W. and Hulda Streckenbach and recorded in Book 1 at page 409 of Deeds in the office of the County Recorder of said Santa Cruz County; together with the improvements thereon. NOW, THEREFORE, NOTICE IS HEREBY GIVEN, that at the hour of ten o'clock in the forenoon of Saturday, the 18th day of June. 1938, at the front door of the Court House in the City of Nogales, Santa Cruz, State of Arizona, I will sell the above described property, or SO much thereof as may be necessary to satisfy said judgment, interest and accruing costs, at public auction to the highest bidder or bidders for cash. DATED this 20th day of May, 1938. H. J. BROWN, Sheriff, By D. O. Wilkey Deputy Sheriff. (Pub. May 28, June 4, 11, 1938)

5. June 11, 1938 Nogales International Nogales, AZ

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IN THE SUPERIOR COURT OF SANTA CRUZ COUNTY, STATE OF ARIZONA Action brought in the Superior Court of Santa Cruz County, State of Arizona, and the Complaint filed in the said County of Santa Cruz in the office of the Clerk of the said Superior Court. HOME OWNERS' LOAN CORPORATION, a corporation, Plaintiff, VS. E. L. YEAGER and MARIANNE YEAGER, Defendants. IN THE NAME OF THE STATE OF ARIZONA TO E. L. YEAGER and MARIANNE YEAGER, Defendants, Greeting: You Are Hereby Summoned and required to appear in an action brought against you by the abovenamed plaintiff in the Superior Court of Santa Cruz County, State of Arizona, and answer the Complaint therein filed with the Clerk of this said Court, at Nogales, in said County, within twenty days after the service upon you of this Summons, if served in this County, or in all other cases within thirty days thereafter, the times above mentioned being exclusive of the day of service; or judgment by default will be taken against you. SEAL Given under my hand and seal of the Superior Court of Santa Cruz County, State of Arizona, this 25th day of May, A. D. 1938 HELEN O'KEEFE Clerk of the Superior Court. (Pub. May 28, June 4, 11, 18, 1938) IN THE SUPERIOR COURT OF THE STATE OF ARIZONA, IN AND FOR THE COUNTY OF SANTA CRUZ. LLOYD THOMAS, as Superintendent of Banks of the State of Arizona and Receiver of Nogales Building and Loan Association, Plaintiff, -VSJAMES R. HANNAN and FLORENCE HANNAN, as Administrators of the Estate of Patrick Hannan, deceased, JAMES R. HANNAN and FLORENCE HANNAN, SANTA CRUZ VALLEY BANK AND TRUST COMPANY, a corporation, W. J. DONALD, as Receiver of The Nogales National Bank, a national banking association, J. A. HARRISON, HULDA STRECKENBACH, JOHN DOE STRECKENBACH,

6. June 18, 1938 Nogales International Nogales, AZ

Article from Nogales International, June 18, 1938

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wife of Hugo W. Streckenbach, Defendants. NOTICE OF SALE OF REAL ESTATE UNDER SPECIAL EXECUTION WHEREAS. under and by virtue of a special execution attested the 20th day of May, 1938, and issued out of the Superior Court of the State of Arizona, in and for the County of Santa Cruz, in an action wherein Lloyd Thomas, as Superintendent of Banks of the State of Arizona and Receiver of Nogales Building and Loan Association, an insolvent building and loan association, is plaintiff, and James R. Hannan and Florence Hannan, as Administrators of the Estate of Patrick Hannan, deceased, James R. Hannan and Florence Hannan, Santa Cruz Valley Bank and Trust Company, a corporation, W. J. Donald, as Receiver of the Nogales National Bank, a national banking association, J. A. Harrison, Hulda Streckenbach, John Doe Streckenbach, husband of Hulda Streckenbach, the Unknown Heirs of Hulda Streckenbach, Deceased, the Unknown Heirs of John Doe Streckenbach, deceased husband of Hulda Streckenbach, Hugo W. Streckenbach. Jane Doe Streckenbach, wife of Hugo W. Streckenbach, the Unknown heirs of Hugo W. Streckenbach, deceased. and the Unknown Heirs of Jane Doe Streckenbach, deceased wife of Hugo W. Streckenbach, defendants, upon a judgment rendered on the 16th day of May, 1938, in favor of said plaintiff and against said defendants, and foreclosing plaintiff's mortgage lien upon the real estate hereinafter described in satisfaction of said mortgage and said judgment for the sum of One Thousand Five Hundred ($1500.00) Dollars, with interest thereon from May 16, 1938, at the rate of ten (10%) per cent. per annum. I AM COMMANDED to sell the land and real estate hereinafter described as under execution in satisfaction of said judgment and of said plaintiff's mortgage lien on said real estate as the same existed on the 30th day of April, 1925, or at any time afterwards, said real estate being situated in the City of Nogales, Santa Cruz County, State of Arizona, and described as follows, to-wit: All that certain lot, piece or parcel of land having a frontage on the eastern side of Morley Avenue of 51.29 feet, more or less, and extending back easterly and measuring on its northern boundary 209.68 feet: on its eastern boundary 49.22 feet, and on its southern boundary measuring 206.37 feet and being Lot number Twenty (20) in Block Sixteen (16), as delineated on the map of the Town (now City) of Nogales, Arizona, and being the identical land and real estate described in deed from W. F. Overton, Mayor, to Hugo W. and Hulda Streckenbach and recorded in Book 1 at page 409 of Deeds in the office of the County Recorder of said Santa Cruz County; together with the improvements thereon. NOW, THEREFORE, NOTICE IS HEREBY GIVEN, that at the hour of ten o'clock in the forenoon of Saturday, the 18th day of June, 1938, at the front door of the Court House in the City of Nogales, Santa Cruz, State of Arizona, I will sell the above described property, or SO much thereof as may be necessary to satisfy said judgment, interest and accruing costs, at public auction to the highest bidder or bidders for cash. DATED this 20th day of May, 1938. H. J. BROWN, Sheriff,

7. June 18, 1938 Nogales International Nogales, AZ

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LEGAL NOTICE IN THE SUPERIOR COURT OF THE STATE OF ARIZONA, IN AND FOR THE COUNTY OF SANTA CRUZ. LLOYD THOMAS, as Superintendent of Banks of the State of Arizona and Receiver of Nogales Building and Loan Association, Plaintiff, -VSJAMES R. HANNAN and FLORENCE HANNAN, as Administrators of the Estate of Patrick Hannan, deceased, JAMES R. HANNAN and FLORENCE HANNAN, S A N T A CRUZ VALLEY BANK AND TRUST COMPANY, a corporation, W. J. DONALD, as Receiver of The Nogales National Bank, a national banking association, J. A. HARRISON, HULDA STRECKENBACH, JOHN DOE STRECKENBACH, husband of Hulda Streckenbach, THE UNKNOWN HEIRS OF HULDA STRECKENBACH, Deceased, THE UNKNOWN HEIRS OF JOHN DOE STRECKENBACH, Deceased, husband of Hulda Streckenbach, HUGO W. STRECKENBACH, JANE DOE STRECKENBACH, wife of Hugo W. Streckenbach, THE UNKNOWN HEIRS OF HUGO W. STRECKENBACH, Deceased, and the UNKNOWN HEIRS OF JANE DOE STRECKENBACH, deceased wife of Hugo W. Streckenbach, Defendants.

8. May 27, 1939 Nogales International Nogales, AZ

Article from Nogales International, May 27, 1939

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IN THE SUPERIOR COURT OF THE STATE OF ARIZONA, IN AND FOR THE COUNTY OF SANTA CRUZ. In the Matter of the Estate of NOGALES BUILDING and LOAN ASSOCIATION, Insolvent. TO ALL CREDITORS OF NOGALES BUILDING and LOAN ASSOCIATION, A CORPORATION, INSOLVENT, and to ALL PERSONS IN INTEREST WHOMSOEVER, YOU AND EACH OF YOU: LLOYD THOMAS, as Superintendent of Banks of the State of Arizona and Receiver of Nogales Building and Loan Association, a corporation, insolvent, having filed herein his verified petition praying for an order of this court settling, allowing and approving his final account and report in the matter of the liquidation of said Nogales Building and Loan Association, and for an order of this court allowing petitioner to destroy records and documents referred to in the petition herein filed, and for an order of this court discharging him as Receiver of said Nogales Building and Loan Association; ALL CREDITORS OF SAID ASSOCIATION, and all persons interested in the estate thereof, are hereby ordered to appear before the above entitled court at the Santa Cruz County courthouse, at Nogales, Arizona, on Monday the 19th day of June, 1939, at the hour of 11:00 o'clock in the fore noon thereof, then and there to show cause, if any they have, why the prayer of said petitioner should not be granted. The original petition aforesaid is on file in the office of the Clerk of the above entitled court where it may be examined by any person interested. The Clerk of said court shall give notice of this order by causing copy thereof to be posted in three public places, at least ten days prior to the hearing of said petition, in the County of Santa Cruz, State

9. June 3, 1939 Nogales International Nogales, AZ

Article from Nogales International, June 3, 1939

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IN THE SUPERIOR COURT OF THE STATE OF ARIZONA, IN AND FOR THE COUNTY OF SANTA CRUZ. In the Matter of the Estate of NOGALES BUILDING and LOAN ASSOCIATION, Insolvent. TO ALL CREDITORS OF NOGALES BUILDING and LOAN ASSOCIATION, A CORPORATION, INSOLVENT. and to ALL PERSONS IN INTEREST WHOMSOEVER, YOU AND EACH OF YOU: LLOYD THOMAS, as Superintendent of Banks of the State of Arizona and Receiver of Nogales Building and Loan Association, a corporation, insolvent, having filed herein his verified petition praying for an order of this court settling, allowing and approving his final account and report in the matter of the liquidation of said Nogales Building and Loan Association, and for an order of this court allowing petitioner to destroy records and documents referred to in the petition herein filed, and for an order of this court discharging him as Receiver of said Nogales Building and Loan Association; ALL CREDITORS OF SAID ASSOCIATION, and all persons interested in the estate thereof, are hereby ordered to appear before the above entitled court at the Santa Cruz County courthouse, at Nogales, Arizona, on Monday the 19th day of June, 1939. at the hour of 11:00 c'clock in the fore noon thereof, then and there to show cause. if any they have, why the prayer of said petitioner should not be granted. The original petition aforesaid is on file in the office of the Clerk of the above entitled court where it may be examined by any person interested. The Clerk of said court shall give notice of this order by causing copy thereof to be posted in three public places, at least ten days prior to the hearing of said petition, in

10. June 10, 1939 Nogales International Nogales, AZ

Article from Nogales International, June 10, 1939

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01 NOGALES BUILDING and LOAN ASSOCIATION, Insolvent. TO ALL CREDITORS OF NOGALES BUILDING and LOAN ASSOCIATION, A CORPORATION, INSOLVENT, and to ALL PERSONS IN INTEREST WHOMSOEVER, YOU AND EACH OF YOU: LLOYD THOMAS, as Superintendent of Banks of the State of Arizona and Receiver of Nogales Building and Loan Association, a corporation, insolvent, having filed herein his verified petition praying for an order of this court settling, allowing and approving his 'final account and report in the matter of the liquidation of said Nogales Building and Loan Association, and for an order of this court allowing petitioner to destroy records and documents referred to in the petition herein filed, and for an order of this court discharging him as Receiver of said Nogales Building and Loan Association; ALL CREDITORS OF SAID ASSOCIATION, and all persons interested in the estate thereof, are hereby ordered to appear before the above entitled court at the Santa Cruz County courthouse, at Nogales, Arizona, on Monday the 19th day of June, 1939, at the hour of 11:00 c'clock in the fore noon thereof, then and there to show cause, if any they have, why the prayer of said petitioner should not be granted. The original petition afcresaid is on file in the office of the Clerk of the above entitled court where it may be examined by any person * interested. The Clerk of said court shall give notice of this order by causing copy thereof to be posted in three public places, at least ten days prior to the hearing of said petition, in