gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
83aa862825e4fd23
Response Measures
None
Events (3)
1.July 27, 1906Suspension
Cause
Bank Specific Adverse Info
Cause Details
Failure attributed to guaranteeing a feed bill for a large cattle feeder leaving liabilities exceeding assets.
Newspaper Excerpt
The Bank of Rush Springs suspended business yesterday morning.
Source
newspapers
2.July 28, 1906Receivership
Newspaper Excerpt
Judge Dickerson ... appointed a receiver at once, Ed Burney being named.
Source
newspapers
3.September 10, 1906Other
Newspaper Excerpt
Order fixing time in which creditors of the Bank of Rush Springs may prove their claims ... dated this 10th day of Sept, 1906.
Source
newspapers
Newspaper Articles (10)
1.July 28, 1906The Chickasha Daily ExpressChickasha, OK
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Article Text
CLOSED ITS DOORS YESTERDAY LIABILITIES $30,000 OR 35,000. ASSETS $15,000 ED BURNEY MADE RECEIVER By Judge Dickerson-A New Bank Will be Organized at Once The Bank of Rush Springs suspended business yesterday morning. Judge Diskerson was notified soon after the bank closed and he ap poiuted a receiver at once, Ed Burney being named. According to notification received here the liabilities of the bank are between $30,000 and $35,000 while the assets are abont $15,000. The bank had a capital stock of $20,000. It is stated that the failure of the bank is attributed to guaranteeing a feed bill for a large cattle feeder, Stephan Brown, cashier of the bank, is well known as a bright young business man and has always possessed the entire confidence of the business community. Rush Springs will not be without a e bank very long. Ed F. Johns, cashier of the Citizens National Bank, has already taken the prelimitary steps necessary to starting a national bank. He went to Rush Springs last night to look over the situation and stated that he expects to organize the First National Bank of Rush Springs.
2.July 31, 1906Tulsa Daily WorldTulsa, OK
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Article Text
LEHR OUT-LEKERED AT HIS OWN DEAR NEWPORT BY MAN IN EMPIRE GOWN FAILURE OF TWO BANKS One Dudley Suddenly Finds Fame by Institutions at Rush Springs and Invading Casino Bewitchingly Comanche Close Doors. Attired- Jewels in His Hair. Chickasha, I. T., July 30.-The bank of Rush Springs closed its doors Saturday and Judge Diekerson Newport, R. I., July 30. - At the of the federal court appointed Ed Casino dance last night there was a Burney, of this place, receiver. Ed. sensation which the governors of that F. Jones, cashier of the Ctizens' Naaristoeratic place say will not occur tional bank, of Chickasha, has alagain. It was the sensation of the ready taken steps to start another dull season. bank there, the Rush Springs NaA young man dressed as a woman tional bank. Chickasha parties will appeared in the gold and white finance the new institution, which theater and daneed and flirted as a will have a capital of $50,000. The woman. The young man in question bank at Comanche also failed Saturwas dudley Morgan, son of William day, the same parties who operated Rogers Morgan, who owns a villa on the bank at Rush Springs controlled Rhode Island avenue. the Comanche bank.
3.September 26, 1906The Chickasha Daily ExpressChickasha, OK
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Article Text
NOTICE. It the United States Court in and for the Southern District of the Indian Territory at Chickasha. In the matter of the Receiver ship of the Bank of Rush Springs. Be it known that on this the 10th day of September, 1906, this cause came on to be heard upon the applacation for the court to fix the time in which creditors of the Bank of Rush Springs may prove their claims against the estate of said Bank of Rush Springs by filing same with the receiver, and the court being fully advised in the premises and being of the opinion that the time should be limited. It is therefore ordered, adjuged and decreed by the court that all persons who have claims against the Bank of Rush Springs or against the Bank of Rush Springs or against the stockholders, individually, shall file the same with the receiver within one month from the date of the first publication this order. It is futher ordere that this notice shall be published in the Chickasha Daily and Weekly EXPRESS a newspaper having general circulation in the Southern District of the Indian Territory, for a period of 30 days. Witness my hand at Chickasha, Southern District of the Indian Territory, this 10th day of Sept, 1906. J. T. Dickerson, Judge.
4.October 22, 1906The Chickasha Daily ExpressChickasha, OK
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Article Text
NOTICE. In the United States Court in and for the Southern District of the Indian Territory at Chickasha. In the matter of the Receiver ship of the Bank of Rush Springs. Be it known that on this the roth day of September, 1906, this cause came on to be heard upon the applacation for the court to in the time in which creditors of the Bank of Rush Springs may prove their claims against the estate of said Bank of Rush Springs by filing same with the receiver, and the court being fully advised in the premises and being of the opinion that the time should be limited. It is therefore ordered, adjuged and decreed by the court that all persons who have claims against the Bank of Rush 3prings or against the Bank of Rush Springs or against the stockholders, individually, shall file the same with the receiver within one month from the date of the first publication this order. It is futher ordere that this notice shall be published in the Chickasha Daily and Weekly EXPRESS a newspaper having general circulation in the Southern District of the Indian Territory, for a period of 30 days. Witness my hand at Chickasha, Southern District of the Indian Territory, this 10th day of Sept, 1906. J. T. Dickerson, Judge.
5.October 23, 1906The Chickasha Daily ExpressChickasha, OK
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Article Text
NOTICE. In the United States Court in and for the Southern District of the Indian Territory at Clickasha. In the matter of the Receiver ship of the Bank of Rush Springs. Be it known that on this the 10th day of September, 1906, this cause came on to be heard upon the applacation for the court to fix the time in which creditors of the Bank of Rush Springs may prove their claims against the estate of said Bank of Rush Springs by filing same with the receiver, and the court being fully advised in the premises and being of the opinion that the time should be limited. It is therefore ordered, adjuged and decreed by the court that all persons who have claims against the Bank of Rush Springs or against the Bank of Rush Springs or against the stockholders, individually, shall file the same with the receiver within one month from the date of the first publication this order. It is futher ordere that this notice shall be published in the Chickasha Daily and Weekly EXPRESS a newspaper having general circulation in the Southern District of the Indian Territory, for a period of 30 days. Witness my hand at Chickasha, Southern District of the Indian Territory, this 10th day of Sept, 1906. J. T. Dickerson, Judge,
6.October 27, 1906The Chickasha Daily ExpressChickasha, OK
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Article Text
NOTICE. In the United State- Court in and for in Southern District of the Indian Territory Chickasha, In the matter of the Receiver ship of the Fank of Rush Springs, Be it known that on this the 10th day of September, 1906, this cause came on to be heard upon the applacation for the court to fix the time in which creditors of the Bank of Rush Springs may prove their claims against the estate of said Bank of Rush Springs by filing same with the receiver, and the court being fully advised in the premises and being of the opinion that the time should be limited. It is therefore ordered, adjuged and decreed by the court that all persons who have claims against
7.October 27, 1906The Chickasha Daily ExpressChickasha, OK
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Article Text
the Bank of Rush Springs or against the Bank of Rush Springs or against the stockholders, individually, shall file the same with the receiver within one month from the date of the first publication this order. It is father ordere that this notice shall be published in the Chickasha Daily and Weekly EXPRESS a newspaper having general circulation in the Southern District of the Indian Territory, for a period of 30 days. Witness my hand at Chickasha, Southern District of the Indian Territory, this roth day of Sept, 1906. J. T. Dickerson, Judge.
8.October 30, 1906The Chickasha Daily ExpressChickasha, OK
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Article Text
NOTICE. It the United States Court 111 and for the Southern District of the (n. dian Territory at Chickasha. In the matter of the Receiver ship of the Back of Rush Springs. Be it known that on this the 10th day of September, 1906, this cause came on to be heard upon the applacation for the court to fix he time in which creditors of the Bink of Rush Springs may prove their claims against the estate of id Bank of Rush Springs by fi ng same with the receiver, and he court being fully advised in the premises and being of the opinion that the time should be limited It is therefore ordered, adjuged and decreed by the court that all persons who have claims against the Bank of Rush Springs or against the Bank of Rush Springs or against the stockholders, indivi. dually, shall file the same with the receiver within one month from the date of the first publication this order. It is futher ordere that this notice shall be published in the Chickasha Daily and Weekly EXPRESS a newspaper having general circulation in the Southern District of the Indian Territory, for a period of 30 days. Witness my hand at Chickasha, Southern District of the Indian Territory, this 10th day of Sept, 1906. J. T. Dickerson, Judge.
9.December 3, 1906The Chickasha Daily ExpressChickasha, OK
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Article Text
In the United States court in and for the Southern District of the Indian Territory at Chickasha. In the matter of the receivership of the Bank of Rush Springs.
10.March 9, 1907The Chickasha Daily ExpressChickasha, OK
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Article Text
REAL ESTATE TRANSFERS. (Furnished by Oklahoma Title & Trust Co.) E. S. Burney and F. C. Blakely, receivers bank of Rush Springs to C.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.
