774. Colusa County Bank (Colusa, CA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
April 24, 1934
Location
Colusa, California (39.214, -122.009)

Metadata

Model
gpt-5-mini
Short Digest
c9978fc3

Response Measures

None

Description

Articles from 1934 describe the Colusa County Bank in liquidation/receiver's hands and a contested sale of the bank building. No article describes a depositor run; the superintendent of banks/receiver actions indicate a suspension followed by receivership and asset disposition, so classify as suspension_closure.

Events (3)
1. April 24, 1934 Receivership
Newspaper Excerpt
the liquidator of The Colusa County Bank ... Browning claims ... to restraining order postponing date sale. ... bank receiver says
Source
newspapers
2. April 24, 1934 Suspension
Cause
Government Action
Cause Details
State superintendent of banks appointed a liquidator/receiver for Colusa County Bank, indicating suspension and state intervention.
Newspaper Excerpt
restrain the liquidator of The Colusa County Bank from disposing of 108,952 bags of barley valued $75,000.
Source
newspapers
3. November 15, 1934 Other
Newspaper Excerpt
A protest against sale of Colusa county bank building to the Bank ... be made when a public hearing is held before Superior Judge ... November 20 ... The protest will be made by the bank depositors committee
Source
newspapers

Newspaper Articles (2)
1. April 24, 1934 Oroville Mercury Register Oroville, CA
Article from Oroville Mercury Register, April 24, 1934

Click image to open full size in new tab

Article Text

Browning Demands Barley Sale Delay COLUSA Browning, prominent farmer of Colusa, Butte and Glenn counties, today started proceedings in superior court here against Edward Rainey, state superintendent of banks, restrain the liquidator of The Colusa County Bank from disposing of 108,952 bags of barley valued $75,000. Browning claims the grain doubly secures his indebtedness the bank and that the barley sold on April the scheduled date of sale, heavy loss will result because the barley price down. He the court to issue restraining order postponing date sale.

2. November 15, 1934 The Sacramento Union Sacramento, CA
Article from The Sacramento Union, November 15, 1934

Click image to open full size in new tab

Article Text

J. C. Educator Colusa Speaker (Union Valley Service) COLUSA, Nov. Michael J. Brickley, Sacramento Junior lege history instructor. predicted downfall the Third French Republic, probably be followed by some form of nazism or fascism, in address here last night beBrickley, accompanied to Colusa by Mr and Mrs. Stuart Tulley and Harld Ward, all of Sacramento, spoke at three meetings here Tues- TO PROTEST BUILDING SALE A protest against sale of Colusa county bank building to the Bank William of for $16,900 be made when a public hearing is held before Superior Jurge Ernest Weyand Colusa county superior court November 20, it was disThe protest will be made by the bank depositors committee The committee includes George Kirkpatrick, Alfred Davis, Mrs. Jennie of Williams Stonewall tion, they Jackson Carpenter, Deter McAzevedo, bank receiver says