First State Bank (Davidson, OK)

Episode Information

Episode Type
Suspension โ†’ Closure
Start Date
December 21, 1935
Location
Davidson, Oklahoma (34.241, -99.076)
Bank Type
state
Routing Number
86-0727

Metadata

Events (1)

1. December 21, 1935 Receivership
Newspaper Excerpt
First State bank of Davidson, third dividend of 10 per cent, amounting to $6,873, payable December 21; total to date, 65 per cent.
Source
newspapers

Newspaper Articles (2)

Article Text

Depositors Get Christmas Gift Of Bank Funds

Six Defunct Oklahoma Institutions Announced Payment of Dividends

By the Associated Press.

DEPOSITORS in six closed banks had a cheerful Christmas outlook Monday, with the state banking department authorizing dividend payments.

The following dividends were authorized:

American Bank and Trust company, Ardmore, fifth dividend of 15 per cent, payable December 21, amounting to $82,415, making a total paid to date 77 1/2 per cent.

Citizens State bank of Lamont, fifth dividend of 10 per cent, amounting to $11,088, payable December 20, through the Security bank of Blackwell; total to date, 75 per cent.

Garfield County bank of Enid, fifth dividend of 3 per cent, amounting to $12,622, payable December 21; total to date, 28 per cent.

First State bank of Davidson, third dividend of 10 per cent, amounting to $6,873, payable December 21; total to date, 65 per cent.

Citizens State bank of Altus, eighth dividend of 5 per cent, amounting to $6,247, payable today.

Faxon State bank, second dividend of 50 per cent, amounting to $6,349, payable today; total to date, 75 per cent.


Article Text

American Bank and Trust company, Ardmore, fifth dividend of 15 per cent, payable December 21, amounting to $82,415, making a total paid to date 77 1/2 per cent.

Citizens State bank of Lamont, fifth dividend of 10 per cent, amounting to $11,088, payable December 20, through the Security bank of Blackwell; total to date, 75 per cent.

Garfield County bank of Enid, fifth dividend of 3 per cent, amounting to $12,622, payable December 21; total to date, 28 per cent.

First State bank of Davidson, third dividend of 10 per cent, amounting to $6,873, payable December 21; total to date, 65 per cent.

Citizens State bank of Altus, eighth dividend of 5 per cent, amounting to $6,247, payable today.

Faxon State bank, second dividend of 50 per cent, amounting to $6,349, payable today; total to date, 75 per cent.