7463. Two States Bank (Stephensport, KY)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
July 24, 1912
Location
Stephensport, Kentucky (37.913, -86.527)

Metadata

Model
gpt-5-mini
Short Digest
a4130d5a

Response Measures

None

Description

Newspaper notices from Jul–Aug 1912 show an assignee (The Bank of Hardinsburg & Trust Company) selling the former banking house and fixtures to 'wind up and settle the affairs' of the Two States Bank. That indicates the bank had been placed in the hands of an assignee/receiver and is being liquidated; no article mentions a depositor run. Classified as a suspension leading to permanent closure/receivership.

Events (2)
1. July 24, 1912 Receivership
Newspaper Excerpt
Assignee of the Two States Bank of Stephensport, Kentucky, under order of court,... expose and sell ... formerly occupied by the Two States Bank ... Said property is sold for the purpose of winding up and settling the affairs of the said Two States Bank. THE BANK OF HARDINSBURG & TRUST COMPANY, ASSIGNEE OF THE TWO STATES BANK.
Source
newspapers
2. August 17, 1912 Other
Newspaper Excerpt
On Saturday the 17th day of August, 1912 ... expose and sell to the highest and best bidder ... the banking house formerly used by said assigned bank ... furniture and fixtures ... Said property is sold for the purpose of winding up and settling the affairs of the said Two States Bank.
Source
newspapers

Newspaper Articles (4)
1. July 24, 1912 The Breckenridge News Hardinsburg, Cloverport, KY
Article from The Breckenridge News, July 24, 1912

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Article Text

NOTICE! The undersigned, Assignee of the Two States Bank of Stephensport, Kentucky, under order of court, will, on Saturday the 17th day of August, 1912, at one o'clock P. M., on said day. expose and sell to the highest and best bidder, at public outcry, in front of the building, formerly occupied by the Two States Bank, at Stephensport, Kentucky, the following described property, to-wit: A certain lot or parcel of land on the West side of First Street in Stephensport, Kentucky, and beginning at the southeast corner of the Mrs R A. Shellman's lot on First Street; thence with the South line of Mrs R. A. Smith's lot in a westerly direction 1071/2 feet to Mrs E. A. Blaine; thence in a Southerly direction with said line 25 feet to R. A. Shellman's Northwest corner; thence with Shellman's North line in an Easterly direction 107 feet to First Street; thence in a Northerly direction with the West line of First Street 25 feet to the beginning, being parts of lots Nos 108 and 109 as designated in the plat or plan of said town. In addition to the above lot, on which is loca ed the banking house formerly used by said assigned bank, there will be sold a Mosler Safe, time lock, furniture and fixtures, which were used in the conduct of said banking business. Said property will be first sold separately, that is the real estate and personal property will be sold separately, and then as a whole and in which manner the larger sum is realized, the sale will be made. The purchaser, or purchasers, will be required to execute bond for the purchase price or prices, with approved security, due and payable in six months from the date of sale, bearing interest from date till paid at the rale of S X per cent. per annum. BUT THE PRIVILEGE OF PAYING CASH WILL BE ACCORDED THE PUR CHASER OR PURCHASERS. Said property is sold for the purpose of winding up and settling the affairs of the said Two States Bank. THE BANK OF HARDINSBURG & TRUST COMPANY, ASSIGNEE OF THE TWO STATES BANK.

2. July 31, 1912 The Breckenridge News Hardinsburg, Cloverport, KY
Article from The Breckenridge News, July 31, 1912

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Article Text

NOTICE! The undersigned, Assignee of the Two States Bank of Stephensport, Kentucky, under order of court, will, on Saturday the 17th day of August, 1912, at one o'clock P. M., on said day. expose and sell to the highest and best bidder, at public outcry, in front of the building, formerly occupied by the Two States Bank, at Stephensport, Kentucky, the following described property, to-wit: A certain lot or parcel of land on the West side of First Street in Stephensport, Kentucky, and beginning at the southeast corner of the Mrs R A. Shellman's lot on First Street; thence with the South line of Mrs R. A. Smith's lot in a westerly direction 1071/2 feet to Mrs. E. A. Biaine; thence in a Southerly direction with said line 25 feet to R. A. Shellman's Northwest corner; thence with Shellman's North line in an Easterly direction 107½ feet to First Street; thence in a Nortnerly direction with the West line of First Street 25 feet to the beginning, being parts of lots Nos. 108 and 109 as designated in the plat or plan of said town. In addition to the above lot, on which is loca ed the banking house formerly used by said assigned bank, there will be sold a Mosler Safe, time lock, furniture and fixtures, which were used in the conduct of said banking business. Said property will be first sold separately, that is the real estate and personal property will be sold separately, and then as a whole and in which manner the larger sum is realized, the sale will be made. The purchaser, or purchasers, will be required to execute bond for the purchase price or prices, with approved security, due and payable in six months from the date of sale, bearing interest from date till paid at the rate of SIX per cent. per annum. BUT THE PRIVILEGE OF PAYING CASH WILL BE ACCORDED THE PURCHASER OR PURCHASERS. Said property is sold for the purpose of winding up and settling the affairs of the said Two States Bank. THE BANK OF HARDINSBURG & TRUST COMPANY, ASSIGNEE OF THE TWO STATES BANK.

3. August 7, 1912 The Breckenridge News Hardinsburg, Cloverport, KY
Article from The Breckenridge News, August 7, 1912

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Article Text

NOTICE! The undersigned, Assignee of the Two States Bank of Stephensport, Kentucky, under order of court, will, on Saturday the 17th day of August, 1912, at one o'clock P. M., on said day. expose and sell to the highest and best bidder, at public outcry, in front of the building, formerly occupied by the Two States Bank, at Stephensport, Kentucky, the following described property, to-wit: A certain lot or parcel of land on the West side of First Street in Stephensport, Kentucky, and beginning at the southeast corner of the Mrs R A. Shellman's lot on First Street; thence with the South line of Mrs R. A Smith's lot in a westerly direction 1071/2 feet to Mrs. E. A. Blaine; thence in a Southerly direction with said line 25 feet to R. A. Shellman's Northwest corner; thence with Shellman's North line in an Easterly direction 107 1/2 feet to First Street; thence in a Northerly direction with the West line of First Street 25 feet to the beginning, being parts of lots Nos 108 and 109 as designated in the plat or plan of said town. In addition to the above lot, on which is loca ed the banking house formerly used by said assigned bank, there will be sold a Mosler Safe, time lock, furniture and fixtures, which were used in the conduct of said banking business. Said property will be first sold separately, that is the real estate and personal property will be sold separately, and then as a whole and in which manner the larger sum is realized, the sale will be made. The purchaser, or purchasers, will be required to execute bond for the purchase price or prices, with approved security, due and payable in six months from the date of sale, bearing interest from date till paid at the rate of SX per cent. per annum. BUT THE PRIVILEGE OF PAYING CASH WILL BE ACCORDED THE PURCHASER OR PURCHASERS. Said property is sold for the purpose of winding up and settling the affairs of the said Two States Bank. THE BANK OF HARDINSBURG & TRUST COMPANY. ASSIGNEE OF THE TWO STATES BANK.

4. August 14, 1912 The Breckenridge News Hardinsburg, Cloverport, KY
Article from The Breckenridge News, August 14, 1912

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Article Text

NOTICE! The undersigned, Assignee of the Two States Bank of Stephensport, Kentucky, under order of court, will, on Saturday the 17th day of August, 1912, at one o'clock P. M., on said day. expose and sell to the highest and best bidder, at public outcry, in front of the building, formerly occupied by the Two States Bank, at Stephensport, Kentucky, the following described property, to-wit: A certain lot or parcel of land on the West side of First Street in Stephensport, Kentucky, and beginning at the southeast corner of the Mrs R A. Shellman's lot on First Street; thence with the South line of Mrs R. A. Smith's lot in a westerly direction 107½ feet to Mrs E. A. Blaine; thence in a Southerly direction with said line 25 feet to R. A. Shellman's Northwest corner; thence with Shellman's North line in an Easterly direction 107 ½ feet to First Street; thence in a Northerly direction with the West line of First Street 25 feet to the beginning, being parts of lots Nos. 108 and 109 as designated in the plat or plan of said town. In addition to the above lot, on which is loca ed the banking house formerly used by said assigned bank, there will be sold a Mosler Safe, time lock, furniture and fixtures, which were used in the conduct of said banking business. Said property will be first sold separately, that is the real estate and personal property will be sold separately, and then as a whole and in which manner the larger sum is realized, the sale will be made. The purchaser, or purchasers, will be required to execute bond for the purchase price or prices, with approved security, due and payable in six months from the date of sale, bearing interest from date till paid at the rate of six per cent. per annum. BUT THE PRIVILEGE OF PAYING CASH WILL BE ACCORDED THE PURCHASER OR PURCHASERS. Said property is sold for the purpose of winding up and settling the affairs of the said Two States Bank. THE BANK OF HARDINSBURG & TRUST COMPANY, ASSIGNEE OF THE TWO STATES BANK.