7410. Owensboro Savings Bank (Owensboro, KY)

Bank Information

Episode Type
Suspension → Closure
Bank Type
savings bank
Start Date
October 1, 1911*
Location
Owensboro, Kentucky (37.774, -87.113)

Metadata

Model
gpt-5-mini
Short Digest
4fa2f3ca

Response Measures

None

Description

Articles (Oct–Dec 1911) report the Owensboro Savings Bank as defunct with a receiver (T. A. Pedley) administering liquidation and making partial payments to unsecured depositors. No article describes a depositor run; the bank was closed and in receivership, so classified as a suspension resulting in closure/receivership.

Events (3)
1. October 1, 1911* Suspension
Cause Details
Bank is described as defunct and in liquidation; no cause (e.g., run or government action) provided in articles.
Newspaper Excerpt
defunct Owensboro Savings bank, of Owensboro, Ky.
Source
newspapers
2. October 30, 1911 Receivership
Newspaper Excerpt
Elias Shull was today appointed receiver for certain Topeka property owned by the defunct Owensboro Savings bank, of Owensboro, Ky. Application for a local receiver ... was made by T. A. Pedley, receiver of the Kentucky bank, who is now making the final reports in liquidating the affairs of the bank. (The Topeka State Journal, 1911-10-30).
Source
newspapers
3. December 13, 1911 Other
Newspaper Excerpt
The receiver of the defunct Owensboro Savings Bank announced last week that he had funds on hand to pay the unsecured depositors 2 per cent. He said he hoped to pay 20 per cent., at final settlement.
Source
newspapers

Newspaper Articles (2)
1. October 30, 1911 The Topeka State Journal Topeka, KS
Article from The Topeka State Journal, October 30, 1911

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Article Text

Elias Shull was today appointed receiver for certain Topeka property owned by the defunct Owensboro Savings bank, of Owensboro, Ky. Application for a local receiver to take charge of the bank's Topeka property was made- by T. A. Pedley, receiver of the Kentucky bank, who is now making the final reports in liquidating the affairs of the bank. The Topeka. property consists of lots on Winfield and Michigan avenues and will be held by the receiver.

2. December 13, 1911 The Adair County News Columbia, KY
Article from The Adair County News, December 13, 1911

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Article Text

The receiver of the defunct Owensboro Savings Bank announced last week that he had funds on hand to pay the unsecured depositors 2 per cent. He said he hoped to pay 20 per cent., at final settlement.