Bank of Adair - Adair, OK

Episode Information

Episode Type: Suspension → Closure
Start Date: July 5, 1935
Location: Adair, Oklahoma (36.437, -95.271)
Bank Type: state

Metadata

Episode ID
Bank ID
City ID: 401089525

Model: gpt-5-mini
Short Digest

Notes

State banking department paying final dividend implies bank in receivership and permanently closed.

Events (1)

1. July 5, 1935 Receivership

Newspaper Excerpt: Depositors of the Bank of Adair will receive a third and final dividend of 25 per cent amounting to $998 on July 5.
Source: newspapers

Newspaper Articles (1)

1. July 3, 1935 The Ponca City News Ponca City, OK

Article Text

DIVIDEND PAYMENTS ANNOUNCED IN STATE

OKLAHOMA CITY, July 3—(AP)—Two dividend payments will be made within the next few days by the state banking department.

Depositors of the Bank of Adair will receive a third and final dividend of 25 per cent amounting to $998 on July 5.

On July 8 depositors of the First State bank of Goodwell will receive a fourth dividend of 10 per cent amounting to $1,598. This will make a total of 45 per cent paid.