727. First National Bank (Fresno, CA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
11473
Charter Number
11473
Start Date
April 4, 1925
Location
Fresno, California (36.748, -119.772)

Metadata

Model
gpt-5-mini
Short Digest
b3da11ca0c032a60

Response Measures

None

Receivership Details

Depositor recovery rate
95.9%
Date receivership started
1930-07-07
Date receivership terminated
1937-07-30
Share of assets assessed as good
42.6%
Share of assets assessed as doubtful
45.9%
Share of assets assessed as worthless
11.5%

Description

Both notices (Apr–May 1925) refer to property actions naming Frank Browne 'as Receiver of The First National Bank of Fresno', indicating the bank had a receiver (i.e., was in receivership/closed). The articles are sheriff's sale/legal ads from Montana concerning assets tied to that receivership. No contemporaneous mention of a run is present, nor of reopening — thus classified as suspension followed by closure/receivership. Exact date of appointment of the receiver is not stated; notices dated Apr 4, 1925 and referencing a sheriff's sale on May 9, 1925.

Events (4)

1. October 6, 1919 Chartered
Source
historical_nic
2. April 4, 1925 Receivership
Newspaper Excerpt
Frank Browne, as Receiver of The First National Bank of Fresno, a corporation, Defendants.
Source
newspapers
3. May 9, 1925 Other
Newspaper Excerpt
To be sold at Sheriff's Sale on the 9th day of May A. D., 1925 at 10 o'clock A. M., ... Frank Browne, as Receiver of The First National Bank of Fresno
Source
newspapers
4. July 7, 1930 Receivership
Source
historical_nic

Newspaper Articles (2)

Article from The Box Elder Valley Press, April 17, 1925

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Article Text

Legal Advertising NO. 11317 SHERIFF'S In the District Court of the Eigh teenth Judicial District of the State of Montana, in and for the County of Hill. George Wiesner, Sr., Plaintiff, VS. Thomas P. Countryman, Mary R. Contryman, Henry Voise, County of Hill, Brush McWilliams Company, corporation, Petters and Company, corporation, The First National Bank of Fresno, corporation, Frank Browne, as Receiver of The First Na tional Bank of Fresno, a corporation, Defendants. To be sold at Sheriff's Sale on the 9th day of May A. D., 1925 at 10 'clock A. M., at the Front Door of he Court House, Havre, Montana, in the said County of Hill, the following property, to-wit Threet (3) and Four (4), the East half of the Southwest quarter 1/4 the West half of the Southeast quarter SE% of Section Thirty (30) Township Thirty two (32) North 01 Range Fourteen (14) East of the Montana Meridian, in Hill County, Montana. Dated this 4th day of April, A. D., 1925. R. C. TIMMONS, Sheriff of Hill County. By E. C. Liggett, Under Sheriff A. F. Lamey, Havre, Mont. Atorney for Plaintiff. Apr. 10-17-24


Article from The Box Elder Valley Press, May 1, 1925

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Article Text

NO. 11317 SHERIFF'S In the District Court of the Eigh teenth Judicial District of the State of Montana, in and for the County of Hill. George Wiesner, Sr., Plaintiff, VS Thomas P. Countryman, Mary R Henry Voise, County of Hill, Brush McWilliams Company corporation, Petters and Company corporation, The First National Bank of Fresno, corporation, Fran Browne as Receiver of The First Na tional Bank of Fresno, a corporation To be sold at Sheriff's Sale on the th day of May D., 1925 at o'clock A. M., at the Front Door 01 the Court House, Havre, Montana, in the said County of Hill, the following property, to-wit Three and Four (4), the East half of the Vest half of the Southeast quarte of Section Thirty (30 Township Thirty two (32) North 0 Range Fourteen (14) East of the Montana Meridian, in Hill County Dated this 4th day of April, A. D. 1925.