Bank of Kentucky - Lexington, KY

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: April 1, 1911*
Location: Lexington, Kentucky (37.989, -84.478)

Metadata

Model: gpt-5-mini
Short Digest: adc0433f

Response Measures

None

Description

Article (New-York Tribune, 1912-04-03) states the Bank of Kentucky 'suspended about a year ago' and that a petition for a receiver was filed April 2, 1912 to liquidate the bank. No run is mentioned. Suspension appears to have preceded receivership/closure. I infer 'state' bank because state officials were among officers/stockholders; OCR corrected none.

Events (3)

1. April 1, 1911* Suspension

Cause Details: Suspended about a year prior to April 2, 1912; article does not state the reason for the suspension.
Newspaper Excerpt: the Bank of Kentucky, which suspended about a year ago
Source: newspapers

2. April 2, 1912 Other

Newspaper Excerpt: Alleging that certain of the stockholders ... are using securities of other stockholders illegally to vote for re-opening the bank, a petition for a receiver was filed to-day
Source: newspapers

3. April 2, 1912 Receivership

Newspaper Excerpt: a petition for a receiver was filed to-day asking that the affairs of the bank be liquidated.
Source: newspapers

Newspaper Articles (1)

1. April 3, 1912 New-York Tribune New York, NY

Article from New-York Tribune, April 3, 1912

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Article Text

STOCKHOLDERS OF BANK ACCUSED. Lexington, Ky., April 2.-Alleging that certain of the stockholders of the Bank of Kentucky, which suspended about a year ago, are using securities of other stockholders illegally to vote for re-opening the bank, a petition for a receiver was filed to-day asking that the affairs of the bank be liquidated. The bank had a capital and surplus of $150,000, and many state officials were among the officers and stockholders.