Bank of Folsom - Folsom, CA

Episode Information

Episode UID: 90059371623
Episode Type: Suspension → Closure
Bank Type: state
Bank ID: 9005937 routing
Routing Number: 90-0593
Start Date: March 28, 1935
Location: Folsom, California (38.678, -121.176)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 805c7ca6dd6adf47

Response Measures

None

Description

State superintendent assigned a deputy to liquidate the bank, indicating closure under state supervision.

Events (2)

1. March 28, 1935 Suspension

Cause: Government Action
Cause Details: State superintendent of banks placed the Bank of Folsom into liquidation and it is described as closed.
Newspaper Excerpt: liquidation of the Bank of Folsom ... closed banks
Source: newspapers

2. April 1, 1935 Receivership

Newspaper Excerpt: G.H. Williams, special deputy in charge of the liquidation of the Bank of Folsom ... Beginning April 1st, Mr. Williams will have charge of the closed banks
Source: newspapers

Newspaper Articles (1)

1. March 28, 1935 Tribune-Progress North Sacramento, CA

Article Text

To Handle Affairs of Two Additional Banks G.H. Williams, special deputy in charge of the liquidation of the Bank of Folsom and the Fair Oaks Bank, has been assigned additional responsibilities by Friend W. Richardson, state superintendent of banks. Beginning April 1st, Mr. Williams will have charge of the closed banks at Oakley, Contra Costa County, and Courtland. The new duties will entail considerable traveling on the part of the deputy as he will continue to make his home in Folsom. Those who have watched Mr. Williams' efficient work here feel that he is fully capable of meeting his added responsibilities.—Folsom Telegraph. Dakota People Here Mr. and Mrs. John Millie of South Dakota are guests of Mrs. A. O. Quien for several days. Mrs. Millie and Mrs. Quien are sisters.