6633. Bank of Colfax (Colfax, LA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
July 15, 1919
Location
Colfax, Louisiana (31.519, -92.707)

Metadata

Model
gpt-5-mini
Short Digest
5492f9c941e44ee8

Response Measures

None

Description

Two notices (July 15, 1919) in the Colfax Chronicle indicate a receiver (J. W. Lewis) for the Bank of Colfax and sale of mortgaged property. This indicates the bank was placed in receivership and effectively closed. OCR shows 'Catahoula Bonk' which was corrected to 'Catahoula Bank'. No mention of a depositor run in the articles provided.

Events (2)
1. July 15, 1919 Receivership
Newspaper Excerpt
Colfax, La., July 15, 1919. J. W. LEWIS, Receiver.
Source
newspapers
2. July 15, 1919 Suspension
Cause
Government Action
Cause Details
Receiver (J. W. Lewis) appointed and sale of mortgaged property announced, indicating suspension by receivership.
Newspaper Excerpt
The property on which the Catahoula Bank and the Bank of Colfax have a mortgage will be separately appraised and sold separately; ... Colfax, La., July 15, 1919. J. W. LEWIS, Receiver.
Source
newspapers

Newspaper Articles (2)
1. August 2, 1919 The Colfax Chronicle Colfax, LA
Article from The Colfax Chronicle, August 2, 1919

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Article Text

company not mentioned above. 6. The property on which the Catahoula Bonk and the Bank of Colfax have a mortgage will be separately appraised and sold separately; also that on which Hudson & Sons have a privilege, as well as any other property on which any other creditor has a lien or privilege, now within the knowledge or which may be brought to the attention of the Receiver. Terms of sale-On 12 months credit for what it will bring-with option to pay cash-purchaser to give solvent bond at five per cent per annum interest, and costs accrued to date to be paid in cash. Colfax, La., July 15, 1919. J. W. LEWIS, Receiver. jy19-4t

2. August 9, 1919 The Colfax Chronicle Colfax, LA
Article from The Colfax Chronicle, August 9, 1919

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Article Text

company not mentioned above. 6. The property on which the Catahoula Bonk and the Bank of Colfax have a mortgage will be separately appraised and sold separately; also that on which Hudson & Sons have a privilege, as well as any other property on which any other creditor has a lien or privilege, now within the knowledge or which may be brought to the attention of the Receiver. Terms of sale-On 12 months credit for what it will bring-with option to pay cash-purchaser to give solvent bond at five per cent per annum interest, and costs accrued to date to be paid in cash. Colfax, La., July 15, 1919. J. W. LEWIS, jy19-4t Receiver.