Article refers to the institution as the defunct Ponca bank, an abbreviated name.
Events (1)
1.October 30, 1905Receivership
Newspaper Excerpt
Moreover, as receiver for the defunct Ponca bank, he is preparing to declare another dividend
Source
newspapers
Newspaper Articles (1)
1.October 30, 1905The Guthrie Daily LeaderGuthrie, OK
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Article Text
Hans Christian Brodboll wended his way down from Ponca City today to look around. The "neighbor" is feeling quite likely. Moreover, as receiver for the defunct Ponca bank, he 8 preparing to declare another dividend,
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.