Dallas National Bank (Dallas, OR)

Episode Information

Episode UID
747201263
Episode Type
Suspension โ†’ Reopening
Bank Type
national
Bank ID
74720 national
Charter Number
7472
Start Date
March 3, 1905
Location
Dallas, Oregon

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
c8aad17f5c4a3ee7

Response Measures

None

Events (4)

1. November 14, 1904 Chartered
Source
historical_nic
2. March 3, 1905 Other
Newspaper Excerpt
READY FOR BUSINESS is National Bank Will Open Doors Next Monday Morning. e Dallas National Bank will loors for business next Mond ning, at 9 o'clock.
Source
newspapers
3. March 2, 1933 Suspension
Cause
Government Action
Cause Details
Statewide three-day banking holiday/moratorium declared by Governor Meier
Newspaper Excerpt
MORATORIUM TODAY ... the governor declared three-day moratorium for all the banks in the state
Source
newspapers
4. June 30, 1934 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (2)

Article from Polk County Observer, March 3, 1905

Click image to open full size in new tab

Article Text

READY FOR BUSINESS is National Bank Will Open Doors Next Monday Morning. e Dallas National Bank will loors for business next Mond ning, at 9 o'clock. The openi e bank has been delayed S on account of the failure ed office furniture to arrive ago, but the officers have decid vait no longer and will orary furniture until the belat ment arrives. e new bank commences busine a capital stock of $25,000. holders comprise some of ing capitalists of Dallas, Portla Salem. The promoters of the prise are all practical busine and it is doubtful if anoth ting institution in the Willame ey has more capable manage officers of the Dallas Nation < are: R. E. Williams, presider d Gatch. vice-president; Euge ter, cashier. The directors are [. McCallon, Walter Willian d Gatch, R. E. Williams and I. ds. E. Williams, the president of concern, has been connected Dallas City Bank in vario cities for the last fifteen yea ring the employ of the latter tion as bookkeeper when boy, he soon demonstrated ss and capability for the ned him, and it was not he was promoted to the nsible position of assistant ashier. He served his employe is latter capacity with such that, upon the resignation ier C. G. Coad, he was elected he responsible position vacat at officer. Mr. Williams d in the active management allas City Bank up to the signing his position to becor dent of the new bank. He eded in the old bank by W. all, the former efficient assista er. ud Gatch, the vice-president allas National Bank, is cashi add & Bush's bank in Sale is well known in financi is throughout the Northwe ne Hayter, a former Clerk County, and until recently keeper in the Dallas City Ban cashier of the new bank. er is an experienced office as a wide acquaintance in & , furnishings of the new is fine as can be found in on the Coast No expense


Article from Corvallis Gazette-Times, March 2, 1933

Click image to open full size in new tab

Article Text

Emergency Business and Only Accommodation of Public on Restricted Basis MORATORIUM TODAY Governor Calls Due to California Holiday, Closing minutes to o'clock this banks of Corvallis morning that the governor declared three-day moratorium for all the banks in the state, The bolt clear news came and when were informed sky that the order mandatory, to the will of constituted submitted The banks of Portland closed, but since then they opened up for the business only and other banks the state will doubtless follow their lead. these conditions the banks Under Corvallis will open their doors tomorrow morning for the transac. tion of emergency business and the accommodation of the public restricted basis. National Bank Corvallis First Benton County State Bank PORTLAND, Mar. Statewide three day bank holiday by Governor Meier ordered today was met Orewith decision by bankers remain the transaction of what described "necessary business." Only in few cities the state did banks remain closed. National of Grande which has been closed for more than four months, reopened today officers said the bank would and not observe holiday. Califorbanks also operating the holiday Large downtown Portland banks not observe the banking holiby Governor Meier toshortly after the regular opening hour they said they would pay checking to "reasonable" counts up amount, to enable depositors purchase necessities. Although signs announcing the banking holiday were posted the doors of all Portland before regular opening hours, these signs later were taken down by the larger they would remain open and transact "necessary business.' Postmaster Jones announced the proclamation would way terfere with the operation the Postol Savings bank which continued to transact business in the regular way. SALEM, Mar. three Salem banks were to open this morning to transact "necessary business," they announced following word that Portland banks were taking similar action. SALEM, Mar. Meier today issued proclamation declaring three legal holiday in Oregon, starting today and continuing through Saturday, such tion will allow the closing of all Oregon banks for three days. the only step to take to protect banks here because many them clear through California banks and the California banks are he said. "Financial distress prevailing in neighboring states making felt in Oregon," Governor Meier said in his statement. "It essential for the protection of be suspended for brief period permit enactment of necessary regulatory acts stabilizing legislation, in line with federal enactments and legislation enacted other states. The governor said he understood Arizona banks to be in strong financial condition. "We have had advices any Arizona banks are in distress, but action is meresaid. The governor's claring holiday for all banks, financial institutions, county and city offices, courts schools, made today because (Continued on page