697. First National Bank (Calexico, CA)

View Charter #9686 on SPMC

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
9686
Charter Number
9686
Start Date
December 20, 1929
Location
Calexico, California (32.679, -115.499)

Metadata

Model
gpt-5-mini
Short Digest
7e847fbf8a9c8d51

Response Measures

None

Receivership Details

Date receivership started
1928-07-24
Date receivership terminated
1934-02-19
OCC cause of failure
Economic conditions
Share of assets assessed as good
76.7%
Share of assets assessed as doubtful
13.7%
Share of assets assessed as worthless
9.6%

Description

Multiple articles (Dec 1929–Jul 1930) refer to Clyde R. Burr as receiver of and for the First National Bank of Calexico, indicating the bank was placed in receivership (i.e., suspended and effectively closed). There is no mention of a depositor run in the articles. Dates corrected/used are the publication dates; the earliest explicit receiver reference appears in the Dec 20, 1929 newspaper. Events include the receivership reference, court actions approving receiver reports, lawsuits by the receiver to collect notes, and property sales authorized by the receiver.

Events (10)
1. March 3, 1910 Chartered
Source
historical_nic
2. June 3, 1927 Voluntary Liquidation
Source
historical_nic
3. July 24, 1928 Receivership
Source
historical_nic
4. December 20, 1929 Receivership
Newspaper Excerpt
Clyde R. Burr, receiver of and for the First National Bank of Calexico, was awarded a judgment ... (Imperial Valley Press 1929-12-20).
Source
newspapers
5. January 21, 1930 Other
Newspaper Excerpt
A notice of a hearing to be held on January 24 ... on the receiver's third report filed in the case of ... First National Bank of Calexico, defendants, has been filed (Imperial Valley Press 1930-01-21).
Source
newspapers
6. February 1, 1930 Other
Newspaper Excerpt
An order was signed by Judge Thompson approving the third report of Ray Edgar as receiver in the cause between Donald Dool, et al., plaintiffs, and the First National Bank of Calexico, defendants. (Imperial Valley Press 1930-02-01).
Source
newspapers
7. March 18, 1930 Other
Newspaper Excerpt
Clyde R. Burr, receiver of and for the First National Bank of Calexico filed a complaint against H. Oka for the collection of a $1400 note dated July 9, 1927 (Imperial Valley Press 1930-03-18).
Source
newspapers
8. April 8, 1930 Other
Newspaper Excerpt
Judge Thompson gave judgment in the case of Clyde R. Burr, receiver of and for the First National Bank of Calexico, versus W. R. Bruce ... to recover ... $714.59 (Imperial Valley Press 1930-04-08).
Source
newspapers
9. June 7, 1930 Other
Newspaper Excerpt
An order was signed by Judge Finney for the sale ... by Clyde R. Burr, receiver of and for the First National Bank of Calexico. (Imperial Valley Press 1930-06-07).
Source
newspapers
10. July 12, 1930 Other
Newspaper Excerpt
Clyde R. Burr, receiver ... is authorized to accept a deed ... and to sell this property at public or private sale for the best price obtainable. (Imperial Valley Press 1930-07-12).
Source
newspapers

Newspaper Articles (10)
1. December 20, 1929 Imperial Valley Press El Centro, CA
Article from Imperial Valley Press, December 20, 1929

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Article Text

Agnes Provencio has filed a suit of divorce against Victor Provencio charging extreme cruelty as the basis for the action. She complains of various fits of rage in the pres ence of minor children and an in ordinate use of intoxicants. The couple were married in El Paso, November 22, 1912, and separated November 27, 1929. Four minor children and community property figare in the suit. Judgment was rendered against Clark Booher to L. S. Blenkiron to the amount of $1,102.93 and costs. Mary E. Mutch was given judg ment against R. C. Griswold et ai for the possession of certain lands and also $502.025 for the unlawfus withholding of possession of said property. Sandford R. Bashaw has filed an answer to the cross-complaint of Lula Bashaw, denying each and every allegation contained in paragraphs four to 11 inclusive, of said cross-comp:aint. Clyde R. Burr, receiver of and for the First National Bank of Calexico, was awarded a judgment 111 the sum of $2,105.43 against Leroy Little by Judge Thompson in superior court yesterday arternoon. A copy of the by-laws of the El Centro Veteran Firemen's association was filed with the county clerk yesterday afternoon. According to this docunent, any member of the El Centro fire department who has been a member for three or more years will be enigible to membership in the association. Judge Thompson appointed Mrs. R. H. Hall as guardian of Gladys Wilson Wuford during the *term of divorce proceedings or her parents. Judge A. C, .Finney in juvenile court, ordered the commitment 01 Harry Herbst to the Preston School of Industry at Ione, and of Clyde Parker to the St. St. Francis School for Boys at Watsonville, Calif.

2. December 20, 1929 Imperial Valley Press El Centro, CA
Article from Imperial Valley Press, December 20, 1929

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Article Text

Clyde R. Burr, receiver of and for the First National Bank of Calexico, was awarded a judgment 111 the sum of $2,105.43 against Leroy Little by Judge Thompson in superior court yesterday arternoon.

3. January 21, 1930 Imperial Valley Press El Centro, CA
Article from Imperial Valley Press, January 21, 1930

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Article Text

Angeles was filed in the county clerk office this morning. A copy of the articles of incorporation of the Farmers Produce company, Ltd., Los Angeles, was filed this morning. This company, with headquarters in Los Angeles, is concerned with the planting, packing and shipping of fruits and vegetables. An answer was filed in superior court by the Security Trust and Savings Bank of San Diego, defendants. against the complaint of W. T. Fugate, plaintiff, denying that said plaintiff offered to find n purchaser for certain lands in Imperial County. Marie E. Adams, defendant in a divorce action brought by W. G. Adams, filed a petition in superior court this morning, asking that when judgment is entered in the above suit, her maiden name, Marie Elizabeth Farley, be restored to her. Judge Thompson signed an order confirming the sale of tracts 43 and 44, Twp. 16 S, R. 16 E, S. B. M., Imperial county, by J. C. Graham, administrator of the estate of H. M. Rankin, deceased. Leah B. Peterson, plaintiff in a divorce action against Guy Peterson, filed an answer this morning to a cross complaint of the defendant, denying allegations made in the complaint and asking judgment against the defendant. A notice of a hearing to be held on January 24, at 10 a. m., on the receiver's third report filed in the case of Donald Dool, et al., plaintiffs, versus the First National Bank of Calexico, defendants, has been filed in the county clerk's office. A copy of the agreement effecting the merger of the Texas company; the California Gasoline company; the Gato Ridge Oil company the Oak Ridge Oil company; the Santa Paula Oil company, and the Red Star Petroleum company, on December 9, 1929, has also filed. An order granting H. M. Haskell permission to file an amended and supplemental complaint in his action against A. Moroni, et al., was signed by Judge Thompson yesterday af ternoon. The appointment of Mrs. A. S. Carr by Judge A. C. Finney to act as a member of the probation committee of Imperial county for the term of 4 years beginning January 1, 1930, has just been filed in the office of the county clerk. Two separate complaints have Leen presented to superior court by L. S. Blenkiron and Chas. F. Nowlin, doing business as the Hansen Dairy company, to secure payment of two promissory notes made payable to the plaintiffs, signed August 30 and August 31, 1928. Defendants named in the complaints are: R. S. Stuart, et al., and R. E. Chormicle, et al. George McKillen, one of the defendants in an action brought by J. A. and Eleanor Wiley, filed his separate demurrer in superior court yesterday against the complaint of plaintiffs, alleging that said complaint does not state facts sufficient to constitue a cause of acion. The appointment of C. S. Wise as deputy sheriff was placed on file in the county clerk's office this morning.

4. February 1, 1930 Imperial Valley Press El Centro, CA
Article from Imperial Valley Press, February 1, 1930

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Article Text

Doings About Court House Judge L. D. Jennings granted a final decree of divorce to Gladys M. Herod against Alva R. Herod on the grounds of extreme cruelty and willful neglect. An order was signed by Judge Thompson approving the third report of Ray Edgar as receiver in the cause between Donald Dool, et al., plaintiffs, and the First National Bank of Calexico, defendants. The decree of dissolutions of the Cross Drug company of Calexico was signed by Judge Thompson in superior court yesterday. The board of directors of the corporation were appointed trustees for the purpose of setttling all the affairs of the organization. Robert J. McNamara was appointed a special deputy sherif by C. L. Gillett. His appointment was filed in the county clerk's office yesterday afternoon. The county clerk's office received a copy of an agreement of consolidation and the articles of incorporation of the American States Water Service company of California, incorporated on December 31, 1929, at Los Angeles. W. C. Isett filed his report as administrator of the estate of Samuel M. Isett, deceased, in superior court yesterday. D. C. Bitler and Dorsey Whitelaw, attorneys for the Consolidated Water company of Pomona, filed a notice in superior court yesterday that on February 7, a motion will be made to reopen the trial of the cause between their clients and F. H. Smith, executor of the estate of Anita Calhoun, deceased, et al., on the grounds of additional evidence to be presented to the court. Judge Thompson signed an order confirming the sales of personal property made by S. P. Williams, public administrator of the estate of S. H. D. Leung, also known as Soo Hoo Sam Don. A marriage license was issued this morning to Enrique Ordoz, 30, and Herminia Ordoz, 23, both of Westmorland. Francisco Paradez made application for probation in superior court tihs morning and his plea was turned over to the probation officer by Judge Thompson. Dr. H. V. Gray, county health of. ficer, appointed C. F. Eckert of Brawley, deputy. A demurrer was filed by E. E. Forrester against the complaint of C. G. Seamans and A. J. Lasby, alleging that the complaint does not state facts sufficient to constitute a cause of action. Jack Houser filed a complaint to quiet title to blocks 5 and 6 of Imperial sub-division No. 1, in the city of Imperial, against Grant Williams, et al. D. R. and Mildred Saunders filed their demurrer to the complaint of J. Edgar Ross, alleging that the combeen placed In the hands of an atplaint is ambiguous in that it does not annear that said note sued upon

5. March 18, 1930 Imperial Valley Press El Centro, CA
Article from Imperial Valley Press, March 18, 1930

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Article Text

Clyde R. Burr, receiver of and for the First National Bank of Calexico filed a complaint against H. Oka for the collection of a $1400 note dated July 9, 1927, together with accrued interest, attorney's fees and costs of the suit.

6. March 29, 1930 Imperial Valley Press El Centro, CA
Article from Imperial Valley Press, March 29, 1930

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Article Text

Court House marriage license was issued to A Martinez, 35, and Tomasa Sanchez, Juan 28, both of Brawley. The appointment of M. 1. was Me. as deputy sheriff the placed Parland on file in the office of county clerk. final decree of divorce was A Hannah Hoffman by Judge awarded this morning against of Thompson Hoffhan, on the grounds Frank cruelty. The interlocutory June 17, decree extreme had been granted on 1927. certificate of amendment the to The articles of incorporation of comthe Valley AAA Water clerk's Imperial ,any, was filed in the county office this morning. I amended complaint of J. was Ed An Ross against Carl Michael this ! gar to superior court paypresented It asks for $1050 sale as of ment morning. of an agreement for ! real estate, Damron not yet filed paid. his amended CitiGeorge to the complaint of the that he answer State bank, denying plaintiff made sens promissory or delivered note to as the set the forth com- in the his second paragraph of plaint. petition was presented Baughman, to su A court by Lucy H. of H. C. perior administratrix of the estate purchase deceased, to for the farm Baughman, implements necessary estate. P. Williams, administrator de- of S. estate of Hiram Dickinson, asking the petitioned the court, assignceased, order authorizing the and a ment for an of a promissory note real estate first mortgage. and final account the and es The for distribution of deceased. etition Soo Hoo Sam Don, administate was filed of by S. P. Williams, trator judgment of said estate. rendered by Judge of A in the case of the County Pitts, et Griffin versus James T. is enImperial stated that the County of the al. the condemnation by titled of to way and land owned of con A. right Ma!!, for the purpose defend arts structing i. to cover a state $300 The highway, from land the is county situated as compensation. in tr. 114 1,2, T16S, R14E, S. B M., Imperial Thompson county. rendered a judg is Judge by which William O. Stevenson Taibot the to ment recover from of lot James 15. block 11, the in ossession Brawley; damages to and the city of $150; $36 rental, judgment the costs. amount Another of signed effect by Judge Will Thompson C. Wood, is as to superintend- of Califorent that 1 12, of trustee Banks in Farmers in charge the state and of the Merchants liquida recover tion of the Imperial, should of with bank W. of J. Thornburg, the sum from $2782.50, interest. issued yesA marriage Alonso license Fonseca, was 34. Braw and |cerday to Nunez, 36, both of R. Burr, receiver bank of ley. Conception of and Ca- su Clyde First National to the presented a petition approving lixico, court for an order 20 in block perior of lots 19 and block 12, the Bragg's sale subdivision Peterson, of for 4570. Calexico, 12, to O. S. for annulment of A complaint filed in superior court marriage Mildred was Richardson known against as by Richardson, also marGlenn E. Knight. They November were 29, in Liberty, Mo., of Knight at 1029, using at James ried and the remarried name Okla- 5, that time City, Okla., on December of Richardhoma under the name that false 1929. The plaintiff charges and son. of the :epresentations by position defendant char- he actor were made marriage as at the time in jail of for the impersonating a

7. April 8, 1930 Imperial Valley Press El Centro, CA
Article from Imperial Valley Press, April 8, 1930

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Article Text

Doings About Court House Marriage licenses were issued vesterday to Frederico Esquivel, 22. and Carmen Areinega, 19, both of Calexico: to Jose Ramos, 40, and Antonia Rameriz, 38, both of Seeley; to Ezequiel Almarez , 33, and Dolores Fernandez, 34, both of Westmorland: to F. G. Lernia, 37. and Dolores Mendez, 32, both of El Centro: and to J. A. Kirkpatriek, 38. and Oda Talley, 27, both of Heber. R. B. Whitelaw, attorney for Hyman an in court of superior Lirschner, for filed the dismissal order his action against Sam Coleman, said lease in question being hereby cancelled. g The El Camino Oil company has filed complaint against Glen Wire. alleging that on December 31, 1929. lubricating oil to the value of $611.70 was delivered to the defendant and that to the present but $150 of this sum has been paid. It asks judgment for the sum of $461.70, with interest. Judge Thompson gave judgment in the case of Clyde R. Burr, receiver of and for the First National Bank of Calexico, versus W. R. Bruce, that the plaintiff is to recover from the defendant, the sum of $714.59, with costs of the suit, in payment for a promissory note. A complaint has been filed by B. E. and J. owner plaintiff A. Parks Hibbard, is against the stating W. R. of Gipson the that SW1/ the of the SW1/4 of section 1, and the SE1/4 of the SE1/4 of section 2, excepting four acres, all in T163, R148, S.B.M., Imperial county; that the defendants in the irrigation of their land adjacent to that of the plaintiff, failed to handle the water in a prudent and careful manner, causing damages to plaintiff's land in the sum of $500. It asks a court order directing the defendants to show cause why a temporary innot them against junction should from handling be issued said ditch so as to damage plaintiff's land and also a judgment in the sum of $500 for damages to this land. G. O and Cora Carrell filed their complaint against J. L. Lundy, alleging that plaintiffs and defendant entered into an agreement on July 2. 1929 whereby the plaintiffs leased the SE14 of section 29, T153S, R12E, S.B.M. Imperial county, then in cantaloupe; about 15 aeres in the northwest part of said tract; about 20 aeres in the northeast part and about 20 acres in the southeast part of this tract, for a rental of $7250. Said defendant entered into possession on September 1, 1929 and refused, in violation of the terms of this lease, to put certain parts of these lands into alfalfa by January to tiffs. is 1, 1930, Judgment the damage asked of the against of plain- the the defendant for possession premises, the termination of the lease and costs of the suit. W. J. Clements was granted letters testamentary for the administration of the estate of Elizabeth Lukens Musser, deceased. The San Diego Corporation has to answer filed of demurrer T. E. Proctor, the amended stating that said answer does not state facts suf ficient to constitute a defense in that it appears that the defendart continued to exercise his rights un der the contract after having full of plaintiff to with. conknowledge comply failure the terms of amended the of the tract as alleged in the ans Wer. Harry Sanchez has filed complaint for divorce against Annie ant has been of extreme Sanchez, alleging guilty that the defend cruel in that she is dissatisfied with the con tv plaintiff, quarrels insults him. with They him tinuously and were married in San Francisco May 6

8. April 8, 1930 Imperial Valley Press El Centro, CA
Article from Imperial Valley Press, April 8, 1930

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Article Text

Judge Thompson gave judgment in the case of Clyde R. Burr, receiver of and for the First National Bank of Calexico, versus W. R. Bruce, that the plaintiff is to recover from the defendant, the sum of $714.59, with costs of the suit, in payment for a promissory note.

9. June 7, 1930 Imperial Valley Press El Centro, CA
Article from Imperial Valley Press, June 7, 1930

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An order was signed by Judge Finney for the sale of the S1/2 of the W 1/2 of tract 156, T178, R15E, and R16E, S.B.M., Imperial County, except a is plot in the southeast corner of the W 1/2 of the E1/2, containing 200 square feet, to W. C. and R. C. Metealf for $2400, by Clyde R. Burr, receiver of and for the First National Bank of Calexico.

10. July 12, 1930 Imperial Valley Press El Centro, CA
Article from Imperial Valley Press, July 12, 1930

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Doings About Court House A complaint was filed vesterday by Hortensia Gonzales against Filemon Gonzales in which the plaintift asks the annulment of their marriage. She states that she is now a minor, 16 years of age, and at the time of her marriage she was but 15 years and 30 days old, under the age of legal consent. It is further alleged that the plaintiff's mother unlawfully and on account of inadvertance and mistake gave her consent in writing for the marriage of said minor child to the defendant.' They married in El Centro, July 31, 1929, and separated in September of the same year. Judge Finney granted a final decree of divorce to Ruth A. Anderson from William P. Anderson on the grounds of willful neglect. The interlocutory decree had been issued on April 23, 1929. The plaintiff was awarded the custody of two minor children and $60 per month for their support. Dolores Valdez filed her complaint against Francisco Valdez, charging him with having abandoned her. They were married in Lowell, Arizona, February 24, 1913, and separated July 16, 1924. An order was signed by Judge Finney that Clyde R. Burr, receiver of and for the First National Bank of Calexico, is authorized to accept a deed from George W. Hunich to lots 2, 3, and 4 in section 2, T17S, R16E, S.B.M., and to sell this property at public or private sale for the best price obtainable. Olive Moser filed a complaint against L. E. Gillett for the collect tion of a note dated August 10, 1925, Lynwood, California, in the sum of $246.93. --A complaint of Louie Schreiner against Jose Mendoza asks $2050 for damages alleged to have been caused to his truck, three miles south of El Centro, when the plaintiff's truck was struck by the ear of the defendant coming at an excessive rate of speed and in the center of the road, on July 25, 1929. Joseph Carity filed his complaint against Ryoichi Uyeno, et al., asking for $3150 damages for failure on the part of the defendant to live up to an agreement of lease made between them regarding the use of the NEW of the NE14 and the E1/2 of the NW14 of the NEW of tract 185 1/2, T13S, RR 13 and 14 E.-S. B. M., Imperial county, containing about 60 aeres.