667. Sonora Bank & Trust Company (Nogales, AZ)

Bank Information

Episode Type
Suspension → Closure
Bank Type
trust company
Start Date
March 21, 1938
Location
Nogales, Arizona (31.340, -110.934)

Metadata

Model
gpt-5-mini
Short Digest
e129d2c2

Response Measures

None

Description

Articles (Mar–Apr 1938) show the Sonora Bank & Trust Company is insolvent and that Y. C. White, Superintendent of Banks, is acting as ex‑officio receiver. Notices describe receiver actions (judgment enforcement and sale of real estate). No mention of a depositor run in these items. Therefore this is a suspension followed by closure/receivership.

Events (3)

1. March 21, 1938 Receivership
Newspaper Excerpt
Y. C. WHITE, Superintendent of Banks of the State of Arizona, and Ex-officio Receiver of the SONORA BANK AND TRUST COMPANY ... Insolvent. NOTICE OF SALE OF REAL ESTATE ... The sale is held pursuant to levy of a Writ of Execution on said property on March 19th, 1938. Dated: March 21st, 1938. H. J. BROWN, Sheriff ... for Plaintiff's Assignee.
Source
newspapers
2. March 21, 1938 Suspension
Cause Details
Bank declared insolvent and taken into custody of State Superintendent of Banks; closure by regulatory action/insolvency (not described as due to rumor or run).
Newspaper Excerpt
Y. C. WHITE, Superintendent of Banks of the State of Arizona, and Ex-officio Receiver of the SONORA BANK AND TRUST COMPANY, an Arizona banking corporation, Insolvent
Source
newspapers
3. April 19, 1938 Other
Newspaper Excerpt
At 2:00 P. M., April 19th, 1938 ... I will offer for sale and sell to the highest bidder for cash real estate ... The sale will be made for the purpose of applying the proceeds thereof upon a judgment obtained on April 30, 1935 ... The sale is held pursuant to levy of a Writ of Execution on said property on March 19th, 1938.
Source
newspapers

Newspaper Articles (4)

Article from Nogales International, March 26, 1938

Click image to open full size in new tab

Article Text

LEGAL NOTICE IN THE SUPERIOR COURT OF THE STATE OF ARIZONA IN AND FOR THE COUNTY OF SANTA CRUZ Y. C. WHITE, Superintendent of Banks of the State of Arizona, and Ex-officio Receiver of the SONORA BANK AND TRUST COMPANY, an Arizona banking corporation, Insolvent, Plaintiff, A. E. JONES, Assignee, vs. GLENN L. HARKER, KATHERINE HARKER AND A. BETTWY, Defendants. No. 2810 NOTICE OF SALE OF REAL ESTATE At 2:00 P. M., April 19th, 1938, at the front door of the Santa Cruz County Court House, Nogales, Arizona, I will offer for sale and sell to the highest bidder for cash real estate as follows: The Southeast 1/4 of the Southwest 1/4 and the Northeast 1/4 of the Southeast 1/4 of Section 30, Township 23 South, Range 14 East, G. & S. R. B. & M., Santa Cruz County, Arizona. The sale will be made for the purpose of applying the proceeds thereof upon a judgment obtained on April 30, 1935, in the Superior Court of the State of Arizona, in and for the County of Santa Cruz by Y. C. White, as State Superintendent of Banks in Arizona and Ex-officio Receiver of the Sonora Bank and Trust Company against Glenn L. Harker, Katherine Harker and A. Bettwy. The judgment, now owned by A. E. Jones, was in the original amount of $652.84 to bear interest from the date thereof at the rate of six per cent per annum, plus $20.40 costs and plus accruing costs. There remains unpaid thereon the sum of $661.84 plus accruing costs. The sale is held pursuant to levy of a Writ of Execution on said property on March 19th, 1938. Dated: March 21st, 1938. H. J. BROWN, Sheriff By D. O. Wilkey, Deputy Chambers & Chambers Attorneys for Plaintiff's Assignee.


Article from Nogales International, April 2, 1938

Click image to open full size in new tab

Article Text

IN SUPERIOR COURT OF THE STATE OF ARIZONA IN AND FOR THE COUNTY OF SANTA CRUZ Y. C. WHITE, Superintendent of Banks of the State of Arizona, and Ex-officio Receiver of the SONORA BANK AND TRUST COMPANY, an Arizona banking corporation, Insolvent, Plaintiff, A. E. JONES, Assignee, vs. GLENN L. HARKER, KATHERINE HARKER AND A. BETTWY, Defendants. No. 2810 NOTICE OF SALE OF REAL ESTATE At 2:00 P. M., April 19th, 1938, at the front door of the Santa Cruz County Court House, Nogales, Arizona, I will offer for sale and sell to the highest bidder for cash real estate as follows: The Southeast 1/4 of the Southwest 1/4 and the Northeast 1/4 of the Southeast 1/4 of Section 30, Township 23 South, Range 14 East, G. & S. R. B. & M., Santa Cruz County, Arizona. The sale will be made for the purpose of applying the proceeds thereof upon a judgment obtained on April 30, 1935, in the Superior Court of the State of Arizona, in and for the County of Santa Cruz by Y. C. White, as State Superintendent of Banks in Arizona and Ex-officio Receiver of the Sonora Bank and Trust Company against Glenn L. Harker, Katherine Harker and A. Bettwy. The judgment, now owned by A. E. Jones, was in the original amount of $652.84 to bear interest from the date thereof at the rate of six per cent per annum, plus $20.40 costs and plus accruing costs. There remains unpaid thereon the sum of $661.84 plus accruing costs. The sale is held pursuant to levy of a Writ of Execution on said property on March 19th, 1938. Dated: March 21st, 1938. H. J. BROWN, Sheriff By D. O. Wilkey, Deputy Chambers & Chambers Attorneys for Plaintiff's Assignee.


Article from Nogales International, April 16, 1938

Click image to open full size in new tab

Article Text

IN THE SUPERIOR COURT OF THE STATE OF ARIZONA IN AND FOR THE COUNTY OF SANTA CRUZ Y. C. WHITE, Superintendent of Banks of the State of Arizona, and Ex-officio Receiver of the SONORA BANK AND TRUST COMPANY, an Arizona banking corporation, Insolvent, Plaintiff, A. E. JONES, Assignee, vs. GLENN L. HARKER, KATHERINE HARKER AND A. BETTWY, Defendants. No. 2810 NOTICE OF SALE OF REAL ESTATE At 2:00 P. M., April 19th, 1938, at the front door of the Santa Cruz County Court House, Nogales, Arizona. I will offer for sale and sell to the highest bidder for cash real estate as follows: The Southeast 1/4 of the Southwest 1/4 and the Northeast 1/4 of the Southeast 1/4 of Section 30, Township 23 South, Range 14 East, G. & S. R. B. & M., Santa Cruz County, Arizona. The sale will be made for the purpose of applying the proceeds thereof upon a judgment obtained on April 30, 1935, in the Superior Court of the State of Arizona, in and for the County of Santa Cruz by Y. C. White, as State Superintendent of Banks in Arizona and Ex-officio Receiver of the Sonora Bank and Trust Company against Glenn L. Harker, Katherine Harker and A. Bettwy. The judgment, now owned by A. E. Jones, was in the original amount of $652.84 to bear interest from the date thereof at the rate of six per cent per annum, plus $20.40 costs and plus accruing costs. There remains unpaid thereon the sum of $661.84 1 plus accruing costs. The sale is held pursuant to levy of a Writ of ExeI . cution on said property on March 19th, 1938. e Dated: March 21st, 1938. ) H. J. BROWN, Sheriff 1 By D. O. Wilkey, Deputy Chambers & Chambers Attorneys t for Plaintiff's Assignee. h e r IN THE SUPERIOR COURT OF f THE STATE OF ARIZONA IN AND FOR THE COUNTY OF SANTA CRUZ e In the Matter of the Estate of ARr THUR LEE, Deceased. h No. 1094 d n ORDER TO SHOW CAUSE WHY - ORDER OF SALE OF REAL ESr TATE AND PERSONAL PROP1 ERTY SHOULD NOT BE MADE. It appearing to this Court, by the is petition this day presented and - e


Article from Nogales International, April 23, 1938

Click image to open full size in new tab

Article Text

day of service; or judgment by default will be taken against you. Given under my hand and seal of the Superior Court of Santa Cruz County, State of Arizona, this 15th day of April, A. D. 1938. HELEN O'KEEFE Clerk of the said Superior Court. (Pub. Apr. 16-23-30, May 7) IN THE SUPERIOR COURT OF THE STATE OF ARIZONA IN AND FOR THE COUNTY OF SANTA CRUZ Y. C. WHITE. Superintendent of Banks of the State of Arizona, and Ex-officio Receiver of the SONORA BANK AND TRUST COMPANY, an Arizona banking corporation, Insolvent, Plaintiff, A. E. JONES. Assignee, vs. GLENN L. HARKER, KATHERINE HARKER AND A. BETTWY, Defendants. No. 2810 NOTICE OF SALE OF REAL ESTATE At 2:00 P. M., April 19th, 1938, at the front door of the Santa Cruz County Court House, Nogales, Arizona, I will offer for sale and sell to the highest bidder for cash real estate as follows: The Southeast 1/4 of the Southwest 1/4 and the Northeast 1/4 of the Southeast 1/4 of Section 30, Township 23 South, Range 14 East, G. & S. R. B. & M., Santa Cruz County, Arizona. The sale will be made for the purpose of applying the proceeds thereof upon a judgment obtained on April 30, 1935, in the Superior Court of the State of Arizona, in and for the County of Santa Cruz by Y. C. White, as State Superintendent of Banks in Arizona and Ex-officio Receiver of the Sonora Bank and Trust Company against Glenn L. Harker, Katherine Har$ ker and A. Bettwy. The judgment, e now owned by A. E. Jones, was in the original amount of $652.84 to bear interest from the date thereof I at the rate of six per cent per annum, plus $20.40 costs and plus acP cruing costs. There remains unpaid thereon the sum of $661.84 I plus accruing costs. The sale is held pursuant to levy of a Writ of Execution on said property on March b 19th, 1938. p Dated: March 21st, 1938. H. J. BROWN, Sheriff 1 By D. O. Wilkey, Deputy h Chambers & Chambers Attorneys for Plaintiff's Assignee. f IN THE SUPERIOR COURT OF THE STATE OF ARIZONA IN AND FOR THE COUNTY OF SANe TA CRUZ In the Matter of the Estate of ARh THUR LEE, a Deceased. h No. 1094 ORDER TO SHOW CAUSE WHY r ORDER OF SALE OF REAL ESl TATE AND PERSONAL PROPERTY SHOULD NOT BE MADE. It appearing to this Court, by the petition this day presented and filed by Southern Arizona Bank & Trust Company, a corporation, executor of the last will and testament of Arthur Lee, deceased, that said deceased by his last will and testament did order and direct said executor to sell certain real and a personal property comprising part of the estate of said deceased as soon after the death of said deS ceased as practicable, said real and I f personal property so ordered and directed by deceased to be sold be7, ing set forth and described in said petition of said Southern Arizona a, Bank & Trust Company. ORDERED - BY IT THIS IS THEREFORE all pery COURT: That P- sons in of -said deceased interested appear the before estate the o Court on the r hour said 2nd of day Superior of May, 1938, Monday, at the eleven o'clock A. M., of said day, at the court-room of said il Court, at the Court House, in the Santa to cause City ty, State of Nogales, of Arizona, Cruz show Counwhy an order should not be granted & to Trust said Company, Southern Arizona executor Bank as aforesaid. to sell said real estate