Article Text
WHITEHALL BANK RECEIVER NAMED Jan. Sitterley has been receiver for the National Bank of Whitehall, which on December lost. The closing after meeting the directors who decided to close for the "protection of the depositors.'
National Bank (Whitehall, NY)
Episode Information
- Episode UID
838801584- Episode Type
- Suspension → Closure
- Bank Type
- national
- Bank ID
-
83880national - Charter Number
- 8388
- Start Date
- December 1, 1931*
- Location
- Whitehall, New York (43.556, -73.404)
Metadata
- Model
- gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
- Short Digest
5d94bdc5e78cd401
Response Measures
None
Receivership Details
- Depositor recovery rate
- 85.4%
- Date receivership started
- 1932-01-26
- Date receivership terminated
- 1938-09-22
- Share of assets assessed as good
- 33.1%
- Share of assets assessed as doubtful
- 61.5%
- Share of assets assessed as worthless
- 5.3%
Description
OCR corrected phrase 'December last' interpreted as December 1931; directors closed bank for protection of the depositors.
Events (4)
1.
October 5, 1906
Chartered
- Source
- historical_nic
2.
December 1, 1931*
Suspension
- Cause
- Voluntary Liquidation
- Cause Details
- Directors decided to close the bank 'for the protection of the depositors.'
- Newspaper Excerpt
- which on December last. The closing after meeting the directors who decided to close for the protection of the depositors.'
- Source
- newspapers
3.
January 26, 1932
Receivership
- Source
- historical_nic
4.
January 29, 1932
Receivership
- Newspaper Excerpt
- WHITEHALL BANK RECEIVER NAMED Jan. Sitterley has been receiver for the National Bank of Whitehall, which on December last. The closing after meeting the directors who decided to close for the protection of the depositors.'
- Source
- newspapers
Newspaper Articles (1)
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