Bank of Oroville - Oroville, WA

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: *
Location: Oroville, Washington (48.939, -119.436)

Metadata

Model: gpt-5-mini
Short Digest: defb1082

Response Measures

None

Description

Article (1933-08-31) states the Bank of Oroville paid a 10 per cent dividend last week, making a total of 45 per cent since the closing of the bank. This indicates the bank had previously closed (suspended) and is paying distributions to claimants; there is no mention of a depositor run or of the bank resuming regular operations. No receiver is explicitly named in the excerpt, but the context (payments of claims/dividends after closing) is most consistent with a suspension that resulted in permanent closure/settlement.

Events (1)

1. * Suspension

Cause Details: Article does not state a reason for the bank's closing; only notes distributions being paid since the closing.
Newspaper Excerpt: The Bank of Orovills paid a 10 per cent dividend last week, making a total of 45 per cent since the closing of the bank. Checks are available at the drug store and those having claims were asked to come and get them.
Source: newspapers

Newspaper Articles (1)

1. August 31, 1933 The Kennewick Courier-Reporter Kennewick, WA

Article from The Kennewick Courier-Reporter, August 31, 1933

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Article Text

Camas-The Pendleton Woolen mills has increased the number of employes at its Washougal plant from 198 to 275, according to Clarence M. Bishop, manager. With the larger number of employes and higher wages paid, the total payroll of the Washougal mill has been increased 50 per cent, over the payroll of February and March. Olympia - Confronted by the prospect of a wholesale closing of schools throughout the state, the committee of 15 representing the state's first class school districts has called upon the supreme court to set the earliest possible date for a hearing of the cases involving the constitutionality of the income tax and occupational tax laws. Chehalis-Canning of a pack of Kentucky Wonder beans from plantings totaling 50 acres began last week at the Chehalis cannery by the National Canning company. A large crew, mostly women and girls, is employed, and the run will continue the next three weeks or more, as the crop is rated excellent. Okanogan - Employment of a county agent has been authorized by the commissioners of Okanogan county. The agent will be in charge of the wheat acreage reduction program, through which county wheat growers will receive $42,000 in benefits this fall and next spring. Oroville - The Bank of Orovills paid a 10 per cent dividend last week, making a total of 45 per cent since the closing of the bank. Checks are available at the drug store and those having claims were asked to come and get them. Oroville- Cloyd Artman made his longest glider flight here last night, remaining in the air three hours. He signaled to those on the ground by means of a flashlight. He has built a new glider after his serious crash two months ago. Walla Walla-A. K. Dice, city commissioner of finance, has announced that Walla Walla will pay the engineering costs for that part of the Inland Empire highway within the city limits but will not share in the cost outside of town. Hoquiam-Articles of incorporation for the North Western Logging company, Hoquiam, were filed Saturday at Olympia, indicating the company plans to resume operations after a shutdown of more than three years. Bellingham - Marvin Allyn, Bellingham, for nine years manager of the Washington Co-operative Chick association, has resigned to become comptroller of the Washington Co-operative Egg and Poultry association. Whitman-Road district levies In Whitman county will be increased 1 mill over last year's, according to the budget of the county commissioners. Under the new law the road and bridge levy has been eliminated. Wenatchee - With more than 800 tons of pears already signed up, rapid progress is being made on a newly organized growers' pool here, according to W. R. Prowell, member of the growers' pear committee. Meyers Falls—Mrs. Lura Herron of Meyers Falls has passed her 101st birthday. She is in good health with the exception that her hearing and eyesight are failing. She lives with her daughter, Mrs. A. W. Smith. Camas-Good news to property owners in the form of substantial reductions in insurance rates came last week from fire underwriters. The city's classification has been raised from sixth to fifth place. Endicott-Isaac Neace has sold 60 prime, 2-year-old white-faced cattle to the James Henry Packing company of Seattle. They were shipped by train. The cattle were raised on Mr. Neace's Rock creek ranch. Vancouver-One of the crowning achievements of the 20-year reign of John P Kigins as mayor