Oakland Bank (Oakland, CA)

Episode Information

Episode UID
90000171297
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
9000017 routing
Routing Number
90-0001
Start Date
January 4, 1908
Location
Oakland, California (37.804, -122.271)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
5ec0eb39f6f094d0

Response Measures

None

Description

Articles describe reorganization, failure and appointment of a receiver for an Oakland bank in January 1908.

Events (2)

1. January 4, 1908 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Internal fraud and false ledger entries by bank bookkeeper (false entries, Colton securities mystery) prompting failure/reorganization and depositor/stockholder action.
Newspaper Excerpt
Attorney General Webb will pass upon legality of Oakland bank's reorganization. Plans to reorganize are again discussed by depositors while stock holders also select names for possible receivers.
Source
newspapers
2. January 20, 1908 Receivership
Newspaper Excerpt
Receiver for defunct Oakland bank will begin investigation to learn whether Collins has secreted property.
Source
newspapers

Newspaper Articles (2)

Article from The San Francisco Call, January 4, 1908

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Article Text

BANK FAILURE Cipher letters of Bartnett. which Brown turns over to Prosecutor Cook, solve mystery of Colton securities and form last link in chain of evidence Page 1 against bankers. **I only obeyed orders," is defense of book keeper Storrs, who admits he confessed making Page 2 false entries in bank's ledger. Attorney General Webb will pass upon legality Page 2 of Oakland bank's reorganization. Plans to reorganize are' again discussed by depositors while stock holders also select names Page 2 for possible receivers.


Article from The San Francisco Call, January 20, 1908

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Article Text

EDITORIAL Ruef and the prosecution. Page 6 Page 6 The ingenious hoosters of Stockton. The shearing of Wiley. Page 6 GRAFT While pleading for full immunity Ruef was ne gotiating with the "higher ups" for the sale of his silence and the graft prosecution, having discovered his double dealing, will show him no mercy. Page 1 Justices of appellate court are denounced in burning words from Alameda pulpit for late decision in extortion cases. Page 1 CITY Boy believed to have been accidentally shot writes note before death, accusing chum of murder. Page 1 Thief surprised in banker's apartments alarms California street by shooting at his pursuers. Page 1 William Kent, who gave Marin county land for national park, urges that steps be taken to include Mount Tamalpals in public re serve. Page 8 Mme. Rudelph Lemieux, wife of the Cana dian postmaster general and said to he the most fascinating woman in Canada, is visiting San Francisco. Page 3 Thief attempts to kill woman left alone in merchant's home. Page 12 Kubelik's playing thrills large audience in the Van Ness theater, and an extra recital will be given. Page 12 Rev. Bradford Leavitt sees danger in club life Page 12 and says man's first duty is home. Cruiser California makes excellent record in its final trial tests. Page 12 Shippers expect governor to furnish state funds at once to prosecute inquiry into the rebate cases. Page 8 Philippine delegates to congress will oppose the passing of the Frye bill. fearing a monopoly Page 7 of shipping business by Americans. WOMEN'S CLUBS Adelphian club of Oakland to give 8 notable musical Thursday afternoon. Page 4 Great increase in the membership of women's clubs and by 1909 the California organization Page 6 may be in front rank of world. SUBURBAN Receiver for defunct Oakland bank will be gin investigation to learn whether Collins has secreted property. Page 4 South Berkeley Christian church congregation dedicates its new edifice. Page 4 University students' antigraft society to bear speakers discuss decision of court of appeal rePage 4 garding Schmitz and Ruef. Rev. Charles R. Brown of Oakland delivers a scorching denunciation of the Alameda courthouse ring from bis pulpit in the First Congregational church of Oakland. Page 1 Young Oakland woman attacked by a strange man who shoots at a pursuer. Page 12 Transbay realty market is strong, with modest investers exchanging savings accounts for property. Page 4 Campaign for restful Sunday opened by Port land reformer. Page 4 COAST Union men making a strong fight against meas2 Page ures pending in Nevada legislature. Mining town holds holiday following rescue of miners. Page 1 EASTERN George Hess, a former private detective in this city. and two others. accused of selling 3 counterfeit tiekets to streetear conductors. P Rear Admirals Goodrich, McCalla and Melville may face courtmartial for utterances reflecting on navy management and construction Page 2 Miss Gladys Vanderbilt's dot to Hungarian Page 2 count to he income from $5,000,000. Bride of Charles Emory Smith, former cabinet official and diplomat, finds him dead on return from church. Page 3 Haywood says he would accept the nomination 3 Page for president by the socialist party. American bankers' association opposes currency measures before congress and prepares bill for national bank credit notes. Page 2 Postmen may hug girls if latter are willing. 1 Page according to ruling of department. Democratic national convention will be only a formality, as a clear majority of its delegates 3 will be_pledged to Bryan in advance. Page President admits sending to senate the nomination of Fisk RS postmaster because of promise made by Postmaster General Meyer to Senator Flint. Page 3 Miss Belle Lawrence, California woman. who taught Harry Thaw as a boy, will go on the stand today. Page 3 FOREIGN All Europe is interested in Sir Julius Wern her's prosecution of Lemoine, the "diamond Page 2 maker," for alleged swindling. Brazilian police discover plot of anarchists to destroy part of American battleship fleet in Rio harbor. Page 3 SPORTS Ground and weather conditions are perfect for the field trials which will begin near Bakersfield this morning. Page 7 Burlingame club poloists play the fastest game of the season on Charles W. Clark's El Palomar field. Page T