7492. Bank of Colfax (Colfax, LA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
July 15, 1919
Location
Colfax, Louisiana (31.519, -92.707)

Metadata

Model
gpt-5-mini
Short Digest
f67a26c3

Response Measures

None

Description

Articles (July 1919) show property sale notice signed by J. W. Lewis, Receiver, indicating the Bank of Colfax was in receivership. OCR error corrected: 'Catahoula Bonk' -> 'Catahoula Bank'. No mention of a depositor run or reopening—classification as suspension leading to closure/receivership.

Events (2)

1. July 15, 1919 Other
Newspaper Excerpt
The property on which the Catahoula Bank and the Bank of Colfax have a mortgage will be separately appraised and sold separately; ... Terms of sale-On 12 months credit ... Colfax, La., July 15, 1919. J. W. LEWIS, Receiver.
Source
newspapers
2. July 15, 1919 Receivership
Newspaper Excerpt
Colfax, La., July 15, 1919. J. W. LEWIS, Receiver.
Source
newspapers

Newspaper Articles (2)

Article from The Colfax Chronicle, August 2, 1919

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Article Text

company not mentioned above. 6. The property on which the Catahoula Bonk and the Bank of Colfax have a mortgage will be separately appraised and sold separately; also that on which Hudson & Sons have a privilege, as well as any other property on which any other creditor has a lien or privilege, now within the knowledge or which may be brought to the attention of the Receiver. Terms of sale-On 12 months credit for what it will bring-with option to pay cash-purchaser to give solvent bond at five per cent per annum interest, and costs accrued to date to be paid in cash. Colfax, La., July 15, 1919. J. W. LEWIS, Receiver. jy19-4t


Article from The Colfax Chronicle, August 9, 1919

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Article Text

company not mentioned above. 6. The property on which the Catahoula Bonk and the Bank of Colfax have a mortgage will be separately appraised and sold separately; also that on which Hudson & Sons have a privilege, as well as any other property on which any other creditor has a lien or privilege, now within the knowledge or which may be brought to the attention of the Receiver. Terms of sale-On 12 months credit for what it will bring-with option to pay cash-purchaser to give solvent bond at five per cent per annum interest, and costs accrued to date to be paid in cash. Colfax, La., July 15, 1919. J. W. LEWIS, jy19-4t Receiver.