Latonia Deposit Bank & Trust Company (Latonia, KY)

Episode Information

Episode Type
Suspension โ†’ Closure
Start Date
July 26, 1934
Location
Latonia, Kentucky (39.048, -84.509)
Bank Type
state
Routing Number
73-0097
Canonical name
Latonia Deposit Bank
Alt. names
Southern Exchange Bank; Latonia Deposit Bank & Trust Company

Metadata

Notes

Article names liquidating agent and refers to the bank as a Latonia Deposit Bank Trust Company.

Events (2)

1. July 26, 1934 Suspension
Cause
Government Action
Cause Details
Bank is in formal liquidation under a liquidating agent/receiver (reports filed with Kenton Circuit Court).
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.
Source
newspapers
2. August 12, 1934 Receivership
Newspaper Excerpt
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)

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


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