Bank of Northern Arizona

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: April 4, 1924
Location: Snowflake, Arizona (34.513, -110.078)

Metadata

Model: gpt-5-mini
Short Digest: 21041125

Response Measures

None

Description

Article (Apr 4, 1924) reports J. H. Frost as receiver of the 'defunct' Bank of Northern Arizona and sale of the bank's cattle. No run or suspension event is described in the text — it documents ongoing receivership/closure activity, so classify as a suspension leading to closure/receivership.

Events (1)

1. April 4, 1924 Receivership

Newspaper Excerpt: RECEIVER OF DEFUNCT BANK AT SNOWFLAKE SELLS 1500 BANK CATTLE J. H. Frost, receiver of the Bank of Northern Arizona, ... The cattle were the property of the local defunct bank ... Mr. Frost informs us that this deal takes care of the greater part of the defunct bank's cattle ... -Snowflake Herald.
Source: newspapers

Newspaper Articles (1)

1. April 4, 1924 The Coconino Sun Flagstaff, AZ

Article from The Coconino Sun, April 4, 1924

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Article Text

RECEIVER OF DEFUNCT BANK AT SNOWFLAKE SELLS 1500 BANK CATTLE J. H. Frost, receiver of the Bank of Northern Arizona, and Charles White, vice-president of the First National bank of Albuquerque, in company with Jesse Frost and Mr. Kirby, motored to Adamana Monday where they disposed of 1500 head of cattle. The cattle were the property of the local defunct bank and the deal was closed with Mr. David Hay as the buyer. Mr. White of the First National was along in the company to look after that bank's interest in the deal. Mr. Frost informs us that this deal takes care of the greater part of the defunct bank's cattle and that the few remaining will be disposed of at a later date.-Snowflake Herald.