Article Text
BANK RECEIVER SUES
George receiver for the First National Bank Mansfield, which closed on May 14. 1927. yesterday suit in United States against Stone collect which alleged Stone the on three promissory notes.
First National Bank (Mansfield, TX)
Episode Information
- Episode Type
- Suspension → Closure
- Start Date
- May 25, 1927
- Location
- Mansfield, Texas (32.563, -97.142)
- Bank Type
- national
- Charter Number
- 7201
Metadata
Receivership Details
- Depositor recovery rate
- 100.0%
- Date receivership started
- 1927-05-25
- Date receivership terminated
- 1928-10-15
- OCC cause of failure
- Fraud
- Share of assets assessed as good
- 44.2%
- Share of assets assessed as doubtful
- 37.5%
- Share of assets assessed as worthless
- 18.3%
Notes
Article text gives closure date May 14, 1927 but provided known receivership date is 1927-05-25; used the known receivership date.
Events (3)
1.
April 6, 1904
Chartered
- Source
- historical_nic
2.
May 25, 1927
Receivership
- Newspaper Excerpt
- George receiver for the First National Bank Mansfield, which closed on May 14. 1927.
- Source
- newspapers
3.
May 25, 1927
Receivership
- Source
- historical_nic
Newspaper Articles (1)
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