Cheyenne State Bank (Cheyenne, WY)

Episode Information

Episode UID
99000871500
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
9900087 routing
Routing Number
99-0008
Start Date
December 10, 1924
Location
Cheyenne, Wyoming (41.140, -104.820)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
1b5e13473fc5ded5

Response Measures

None

Description

Bank taken into hands of state examiner and later had a receiver distributing dividends; permanent closure implied.

Events (3)
1. December 10, 1924 Receivership
Newspaper Excerpt
The Cheyenne State bank failed to open for business ... said that the bank was in the hands of the state examiner. Cheyenne State Bank In Receiver's Hands (AP).
Source
newspapers
2. December 10, 1924 Suspension
Cause
Government Action
Cause Details
Bank failed to open and was placed in hands of the state examiner (state intervention).
Newspaper Excerpt
The Cheyenne state bank failed to open for business today. A statement posted on the door said that the bank was in the hands of the state examiner.
Source
newspapers
3. December 10, 1926 Other
Newspaper Excerpt
Thomas Hunter, receiver for the defunct Cheyenne State bank ... cent dividend amounting to $15,000 will be paid soon after New Year's day.
Source
newspapers

Newspaper Articles (3)
1. December 10, 1924 The Lincoln Star Lincoln, NE
Article from The Lincoln Star, December 10, 1924

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Article Text

Belonged To String Of Institutions Headed By H. S. Clark of Omaha. CHEYENNE, Wyo., Dec. 10.—The Cheyenne state bank failed to open for business today. A statement posted on the door said that the bank was in the hands of the state examiner. Its capital stock is $100,000 and its liabilities at the time of its last statement approximated $700,000. The bank was one of the Clark group of banks whose institution, the Corn Exchange National bank of Omaha, was taken over a week ago by the Omaha National, it was announced. The principal owner is H. S. Clarke, Jr., of Omaha. The Torrington National bank, of Torrington, Wyo., the Commercial Bank of Guernsey, Wyo., and the State bank of Lingle, Wyo., owned by the same group, also did not open today, it was announced. Officials of the Cheyenne institution said depositors would lose no money and declared plans for reorganization and re-opening were under way.

2. December 11, 1924 Fort Collins Coloradoan Fort Collins, CO
Article from Fort Collins Coloradoan, December 11, 1924

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Article Text

Cheyenne State Bank In Receiver's Hands (By Associated Press Leased Wire) CHEYENNE, Wyo., Dec. 10 —The Cheyenne State bank failed to open for business Wednesday. A statement posted on the doors said that the bank was in the hands of the state examiner. Its capital stock is $100,000 and its liabilities at the time of its last statement approximated $1,000,000. Deposits at that time approximated $700,000. The bank was one of the Clark group of banks whose institution the Corn Exchange National of Omaha was taken over a week ago by the Omaha National Bank, it was announced. The principal owner is H. S. Clark Jr., of Omaha. The Torrington National Bank of Torrington, Wyo., the Commercial Bank of Guernsey, Neb., and the State Bank of Lingle, Wyo., owned by the same group, also did not open today, it was announced. Officials of the Cheyenne institution said depositors would lose no money and declared plans for reorganizing and reopening were under way.

3. December 10, 1926 The Billings Gazette Billings, MT
Article from The Billings Gazette, December 10, 1926

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Article Text

Two Cheyenne Banks Will Pay Dividends Cheyenne, Dec. Christmas gift in the form of per cent dividend totaling $435,000 will be distributed by T. E. McClintock, receiver for the defunct First National bank to former depositors Dec. 20. he announced Thursday. Simultaneously came the announcement by Thomas Hunter, receiver for the defunct Cheyenne State bank that cent dividend amounting to $15,000 will be paid soon after New Year's day.