Article Text
Department Takes Over State Bank Salem. Feb. of the Chiloquin State bank were turned to state banking department today, announced Bank Head Schramm Deposits the institution totaled Capital Ginger served as president.
Chiloquin State Bank (Chiloquin, OR)
Episode Information
- Episode UID
96032471586- Episode Type
- Suspension → Closure
- Bank Type
- state
- Bank ID
-
9603247routing - Routing Number
96-0324- Start Date
- February 12, 1932
- Location
- Chiloquin, Oregon (42.578, -121.866)
Metadata
- Model
- gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
- Short Digest
983d98fbc6dce6b5
Response Measures
None
Description
OCR errors present in articles; dates corroborate takeover by state banking department and subsequent liquidation.
Events (3)
1.
February 12, 1932
Receivership
- Newspaper Excerpt
- on February 12, 1932 the Chiloquin State bank came into his hands for liquidation.
- Source
- newspapers
2.
February 13, 1932
Suspension
- Cause
- Government Action
- Cause Details
- State banking department took the Chiloquin State Bank into its hands (department takeover for liquidation).
- Newspaper Excerpt
- Department Takes Over State Bank
- Source
- newspapers
3.
August 23, 1934
Other
- Newspaper Excerpt
- County's Case With Defunct Chiloquin Bank Settled. ... petition ... points out that on February 12, 1932 the Chiloquin State bank came into his hands for liquidation.
- Source
- newspapers
Newspaper Articles (2)
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Article Text
County's Case With Defunct Chiloquin Bank Settled. The question to what to about bonds held in protection of Klamath county's deposit in the defunct Chiloquin State bank was settled Thursday when Circuit Judge W. M. Duncan signed order permitting the state banking department to séll part of the bonds. As consequence of the sale of the bonds, the county will ceive the full balance on the posit principal, from the funds of the liquidation. consideration of the payment the principal. the county treaswith approval of the county court, agreed to accrued interest on the depósit. Schramm Lists Assets. The petition to the court signSchramm, state banking points out that on February 12, 1932 the Chiloquin State bank came into his hands for liquidation. Included the inventory of assets were city of Chiloquin per cent city hall bonds, with par value of (Continued on Page Three)