Exchange National Bank (Tulsa, OK)

View Charter #9658 on SPMC View balance sheet

Episode Information

Episode UID
965801433
Episode Type
Suspension → Closure
Bank Type
national
Bank ID
96580 national
Charter Number
9658
Start Date
May 16, 1919
Location
Tulsa, Oklahoma

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
d7a98b9559d6adbd

Response Measures

None

Description

Article from 1919 shows a receiver in office for the Exchange National Bank; 1933 pieces describe a statewide bank holiday that would affect Tulsa banks but the bank appears already in receivership.

Events (4)
1. February 9, 1910 Chartered
Source
historical_nic
2. May 16, 1919 Receivership
Newspaper Excerpt
At the office of the receiver, Lee Daniel, 3rd floor Exchange National Bank building. POE & LUNDY Attorneys for Receiver
Source
newspapers
3. March 2, 1933 Suspension
Cause
Government Action
Cause Details
Statewide three-day bank holiday proclaimed by Oklahoma governor during March 1933 banking panic
Newspaper Excerpt
The three-day holiday called Gov. Murray in Oklahoma for same period also is mandatory.
Source
newspapers
4. June 14, 1933 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (3)
1. May 10, 1919 The Morning Tulsa Daily World Tulsa, OK
Article from The Morning Tulsa Daily World, May 10, 1919

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Article Text

President of the Board of Education. NOTICE OF SPECIAL SHAREHOLDERS' MEETING To the Sharebolders of the Exchange Na. tional Bank of Tulsa. Oklahoma: NOTICE is hereby given that a Special Meeting of the Whareholders of the Ex change National Bank of Tulsa. Oklahoma. will be held in the offices of said Bank at three 0 clock P. M., on Monday. the 2nd day of June, 1919, for the purpose of considering and voting upon a proposition to increase the Capital Stock of said Bank from One Million Dollars to One Million, Two Hundred and Fifty Thousand Dollars, and for the transaction of any andeall such other business and matters as may be necessary or proper to be considered in conneetion with said proposition for such increase of said Capital Stock, W. A. BROWNLEE. Cashier. House of Tulsa County, Oklahoma, on the 16th day of May. 1919. That the property to be sold or such part thereof as may be necessary for the purpose of said sale is as follows: Oil and gas lease and personal property used In connection therewith on- on The North half of the Northwest Quarter of the Southwest Quarter and the Southwest Quarter of the Northwest Quarter of the Southwest Quarter Section Thirty-two (82). Township twenty eight (28) North, Range thirteen (13) East, of the Indian Meridian, containing thirty (30) acres. more or less, Washington County, Oklahoma. The Northeast Quarter (N E. %) of the Northwest Quarter (N. W. 1/4 ) of Section Fifteen (15), Township seventeen (17) North. Range eleven (11) East, B. M., CO Creek County, Oklahoman An inventory of THE property and the condition of same may be investigated at any time before sale by prospective purchasers At the office of the receiver, Lee Daniel, 3rd floor Exchange National Bank building. or at the office of the attorneys for the receiver. Poe & Lundy. 417 Palace Building. Tulsa. Oklahoma POE & LUNDY Attorneys for Receiver

2. March 2, 1933 Las Vegas Daily Optic East Las Vegas, NM
Article from Las Vegas Daily Optic, March 2, 1933

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Article Text

SEVENTEEN STATES CHECK RUNS ON BANK Seven More Join Movement to Restrict Withdrawals of Deposited Moneys THREE AND FOUR DAYS TO BE TEMPORARY HOLIDAYS Situation Easing in Some States as Legislatures Planned Curb Laws Mississippi, Arizona, Nevada and in Oregon today joined the states. which there are limitations placed on the withdrawals of deposits from banks. in which limitations on withdrawals now exist. The proclamation of Gov. Ralph at San Francisco makes mandatory the closing of California banks (or three-day period ending Saturday The three-day holiday called Gov. Murray in Oklahoma for same period also is mandatory. The of Gov. Allen of Louisiana provides for the sation until the end of the week "all public business including Banks and other public enterprises." Mississippi the decree of state banking called only (Continued On Page Two)

3. March 2, 1933 The Hobart Democrat-Chief Hobart, OK
Article from The Hobart Democrat-Chief, March 2, 1933

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Article Text

Lone Wolf Open But Just 'Changing'; Others Closed CITY. Mar. Extension of Oklahoma's bank day until Wednesday was recommended today by Bank Commiss sioner J. Barnett as the state government placed legislative and executive protection over the 453 Oklahoma banks and their depositors. The first flurry of excitement over, following Gov. W. H. Murray's three-day bank moratorium proclamation, state officials pared new stabilizing bill. Assurance of safety both banks and depositors was the keynote of the situation in Oklahoma. The unusual spectacle of such great confidennce is local banks that the institutions remained open today in the face of heavy demands occasioned by the state wide holiday was enacted at Idabel, Durant, Enid, Valliant and Alva. Bankers in these communities declared their situations so sound they saw no need of inconveniencing depositors. The redrafted bill authorizing the bank commissioner to banks under a plan of restricwithdrawals was being drawn up. The senate was prepared to suspend all other and send bill through its first stage. Preparing for immediate action, Speaker Tom Anglin called the house into session this morning without waiting for the scheduled m. meeting time. The bank holiday was declared, Murray explained, to give the islature time to enact lieve the proposed bill the bank commissioner sweeping power delay payment of deposits all banks, trust companies, savings banks and segregate deposits from old deposits, with no restriction on the new deposits. The bank virtual dictator over financial stitutions with emergency author needed rules and ity to adopt any daily reports. require SIXTEEN STATES HOLIDAYS TODAY BANK to restrict with. The movement of bank deposits spread drawals rapidly through the south and west last night and today states operated under decrees for bank holidays. CaliforMississippi, Oklahoma, nia, Arizona, Nevada and Oregon ordered brief bank holidays to give time for legislatures to draw withdrawals legislation limiting deposits. Louisiana went farther by orderholiday for all iness. The New Orleans cotton cotton market change, largest was closed. the country, Executives announcing the new holidays for forcing the other states restructions by placing tension of banks which unusual strain on an to continue business sought mally. ONE BANK IN ONLY STAYS OPEN COUNTY The First National bank at Lone Wolf was the only banking tution in Kiowa county which mained open today, and was just "making change," according made by the Demosurvey Banks here, at Mountain Cooperton, Mountain View and Snyder were all closed, was the one at Rocky. OREGON TOO Ore., Mar. Governor Meier today declared three-day legal holiday state Oregon starting continuing through