7254. Latonia Deposit Bank (Latonia, KY)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
August 12, 1934
Location
Latonia, Kentucky (39.048, -84.509)

Metadata

Model
gpt-5-mini
Short Digest
440d78d0

Response Measures

None

Description

Newspaper articles (Aug 12, 1934) report that the Latonia Deposit Bank Trust Company is in liquidation with a named liquidating agent and dividends paid to depositors. No run or reopening is mentioned. Classified as suspension leading to permanent closure/liquidation.

Events (1)
1. August 12, 1934 Receivership
Newspaper Excerpt
Charles Moorman, liquidating agent for the Latonia Deposit Bank Trust Company, reported collections from May 26 to July 26 were $6,604.16. Disbursements were $48,970.62, these including 10 per cent dividend, amounting to $47,196.69 paid July ... Liquidating agents of two Kenton County banks yesterday filed reports in the office of Kenton Circuit Court Clerk John Herold.
Source
newspapers

Newspaper Articles (2)
1. August 12, 1934 The Cincinnati Enquirer Cincinnati, OH
Article from The Cincinnati Enquirer, August 12, 1934

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Article Text

LIQUIDATION UNDER WAY. Receipts Of Bank Of Ludlow And Latonia Institution Reported Liquidating agents Kenton County yesterday filed office of Kenton Circuit John Herold T. liquidating agent for the reported that included paid depositors balance of Charles liquidating the Latonia Deposit Bank reported tions from 26 to 26 July

2. August 12, 1934 The Cincinnati Enquirer Cincinnati, OH
Article from The Cincinnati Enquirer, August 12, 1934

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Article Text

LIQUIDATION UNDER WAY. Receipts Of Bank Of Ludlow And Latonia Institution Reported. Liquidating agents of two Kenton County banks yesterday filed reports in the office of Kenton Circuit Court Clerk John Herold. Goodlet, liquidating agent for the Bank Ludlow, reported that receipts June 11 and July 25 totaled $26,353.70, while disbursements were $24,638.11, which included cent of $24,051.70 paid depositors July showed balance of $1,715.59 hand. Charles Moorman, liquidating agent for the Latonia Deposit Bank Trust Company, reported collections from May 26 to July 26 were $6,604.16. Disbursements were $48,970.62, these including 10 per cent dividend, amounting to $47,196.69 paid July