Weston County Bank - Newcastle, WY

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: February 11, 1925
Location: Newcastle, Wyoming (43.855, -104.205)

Metadata

Model: gpt-5-mini
Short Digest: 33fa1de1

Response Measures

None

Description

Article (The Cody Enterprise, 1925-02-11) refers to the Weston County Bank as defunct at New Castle and mentions Receiver Storm paying a second 10% dividend — indicating the bank is closed and in receivership. OCR shows New Castle but the town is Newcastle, WY; corrected here. No run or temporary suspension described in the excerpt.

Events (1)

1. February 11, 1925 Receivership

Newspaper Excerpt: The news of another 10 per cent dividend for creditors of the defunct Weston County Bank, at New Castle, will not be bad tidings to many people in that section. This is the second dividend that has been paid by Receiver Storm, the first having been for a like amount and paid several weeks ago.
Source: newspapers

Newspaper Articles (1)

1. February 11, 1925 The Cody Enterprise Cody, WY

Article from The Cody Enterprise, February 11, 1925

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Article Text

# LATE NEWS Fiom All Over WYOMING George E. Snider, formerly postmaster at Foxpark, Wyo., has been arrested at Nogales, Ariz., by a United States marshal on a warrant charging Snider with the embezzlement of approximately $1,800 in government funds while he held the position at Foxpark. The news of another 10 per cent dividend for creditors of the defunct Weston County Bank, at New Castle, will not be bad tidings to many people in that section. This is the second dividend that has been paid by Receiver Storm, the first having been for a like amount and paid several weeks ago. Mack Oil Company has good prospects for bringing in a commercial well at Sheldon dome, near Riverton. First Wall Creek sand was drilled through at 2,650 feet and about 1,000,000 cubic feet of gas released with traces of petroleum. It is now running 65%-inch casing. Location is in section 15-40-101. Purchase by the government of 7,560 acres in Wyoming as an addition to the winter game (elk) reserve, established under a law passed in 1912, is proposed in a bill introduced in Washington by Representative Winter, Republican, Wyoming. Appropriation of $213,150 for acquiring the tract is carried in the bill. Ole Richardson, 15-year-old son of N. H. Richardson of Lingle, was seriously injured by the explosion of a dynamite cap. The boy had found the cap the day before and apparently had been experimenting with it when the explosion occurred. He suffered the loss of two fingers and a thumb, and another finger may have to be amputated later, William Mosteller, well known horticulturalist and beekeeper of Hat Six canon, fifteen miles southwest of Casper, suffered a loss of between $8,000 and $10,000 in the destruction by fire of his residence and greenhouses, including valuable machinery and a considerable amount of new lumber. The loss is the largest resulting from fire in the last year in Natrona county, and was not covered by insurance. Petition for the incorporation of the new Salt Creek townsite in the oil field of the same name may be turned down by the county commissioners as a result of alleged deficiencies in the proceedings pointed out by L. H. Sennett, assistant county attorney. Among other defects, it is alleged, the petition does not contain names of a majority of the residents of the proposed townsite. E. T. Williams Oil Company has been sued in District Court at Casper for an accounting of proceeds from certain lands in Salt Creek and an injunction is asked against disposing of or assigning any of the property involved. Michael C. Clarkson of Denver, former Casper banker, and Roy Minty are plaintiffs in the action which is brought in the name of the E. T. Williams Annex Oil Company. Calling attention to the fact that economy must be the guiding factor, Nellie T. Ross, governor of Wyoming, submitted to the Eighteenth Legislature a budget for 1925-27 that would limit appropriations by this Legislature to a mark below those set by the last three legislatures. A total of $2,430,834.15-a sum equal to the state's estimated income for the next fiscal olennium-will be used to run the state for the next two years, if the budget submitted by Governor Ross is approved. Under the recommended budget, the appropriations would mean a reduction of $721,317.87 from the appropriations made for 1921-23, and a reduction of $17,369.49 from the appropriations made for 1923-25. The entertainment committee of the Cody Club, headed by Chas. J: Lowe, has plans under way for the celebration of the birthday of Col. W. F. Cody, famous showman, scout and founder of Cody. Efforts will be made to hold the banquet in the spacious dining room of the Irma, the hotel built by Colonel Cody, which provides just the proper atmosphere for an occasion of this kind. Feb. 26 is the anniversary of the birth of Cody's former townsman. The Bank of Salt Creek at Lavoye failed to open its doors a few days ago and the institution was placed in the hands of the state bank examiner's department. The bank was organized in 1922 and is capitalized at $18,600. The institution sprang into the limelight in August, 1924, when a spectacular daylight robbery was staged there. I. S. Bartlett, aged 87 years, died in Cheyenne a few days ago. He was a young pioneer and one of the early newspaper men of the state, having been editor of old Cheyenne State Leader. He is credited with having written the best comprehensive history of Wyoming ever composed. The committee of the whole of the Wyoming Senate refused to approve a bill providing for daily Bible reading in the public schools, but later the Senate refused to approve the action