gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
755bd6d15dffa507
Response Measures
None
Description
Receiver H. C. R. Broadham (Broadball/Brodboll variants) was appointed promptly after closure.
Events (3)
1.April 11, 1904Receivership
Newspaper Excerpt
Territorial Bank Commissioner Cooper is in charge and H. C. R. Broadham has been appointed receiver.
Source
newspapers
2.April 11, 1904Run
Cause
Bank Specific Adverse Info
Cause Details
Sudden withdrawals of deposits and failure to make collections precipitated heavy withdrawals.
Measures
Directors closed the bank's doors and posted a notice; temporarily ceased payments.
Newspaper Excerpt
On account of sudden withdrawals of deposits...we deem it best to close this bank so as to give all a fair chance.
Source
newspapers
3.April 11, 1904Suspension
Cause
Bank Specific Adverse Info
Cause Details
Closure due to heavy withdrawals and inability to make collections.
Newspaper Excerpt
The Citizens bank closed its doors to-day and the directors posted this notice...
Source
newspapers
Newspaper Articles (11)
1.April 12, 1904The Birmingham Age-HeraldBirmingham, AL
Click image to open full size in new tab
Article Text
BANK POSTS NOTICE. Closes Doors In Order to Give All a Fair Chance. Ponca, Okla., April 11.-The Citizens bank closed its doors today and the directors posted this notice: "On account of sudden withdrawals of deposits and failure to make collections, we deem it best to close this bank so as to give all a fair chance." It is thought the bank will be able to pay 33 cents on the dollar, but this is not authentic. J. B. Givens is president and George T. McCandless is cashier. Territorial Bank Commissioner Cooper is in charge and H. C. R. Broadshem has been appointed receiver. No statement has been made of the assets and liabilities.
2.April 12, 1904The Montgomery AdvertiserMontgomery, AL
Click image to open full size in new tab
Article Text
CITIZENS BANK FAILS. Probable that Depositors May Get a Third Back. Ponca, Okla., April 11.-The Citizens Bank closed its doors to-day and the directors posted this notice: "On account of sudden withdrawals of deposits and a fallure to make collections, we deem it best to close the bank so as to give all a fair chance." It is thought that the bank will be able to pay 33 cents on the dollar, but this is not authentic, J. B. Givens is president and George T. McCandless is cashier. Territorial Bank Commissioner Cooper is in charge and H. C. R. Broadhead has been appointed receiver. No statement has been made of the assets and liabilities.
3.April 12, 1904The Indianapolis JournalIndianapolis, IN
Click image to open full size in new tab
Article Text
OKLAHOMA BANK CLOSES ITS DOORS PONCA CITY, O. T., April 11.-The Citizens' Bank closed its doors to-day and the directors posted this notice: "On account of sudden withdrawals of deposits, and a failure to make collections, we deem it best to close the bank SO as to give all a fair chance. It is thought that the bank will be able to pay 33 cents on the dollar, but this is not authentic." J. B. Givens is president and George T. McCandless cashier. Territorial Bank Commissioner Cooper is in charge and H. C. R. Broadbam has been appointed receiver. No statement has been made of the bank's essets and liabilities.
4.April 12, 1904The San Francisco CallSan Francisco, CA
Click image to open full size in new tab
Article Text
WITHDRAWAL OF FUNDS CAUSES A FAILURE / PONCA CITY, Okla., April 11.-The Citizens' Bank closed its doors to-day and the directors posted this notice: "On account of sudden withdrawals of deposits and a failure to make collections we deem it best to close the bank, so as to give all a fair chance. It is thought that the bank will be able to pay 33 cents on the dollar, but this is not authentic." J. B. Givens is -president and George T. McCandless cashier. Territorial Bank Commissioner Cooper is in charge and H. C. Broadham has been appointed receiver. No statement has been made of the bank's liabilities or assets.
5.April 13, 1904The Guthrie Daily LeaderGuthrie, OK
Click image to open full size in new tab
Article Text
Major H, W. Pentecost has returned from a trip to Ponca City where he turned the Citizens bank of that place over to the receiver, Senator H. C. R. Brodboll.
6.April 14, 1904Iron County RegisterIronton, MO
Click image to open full size in new tab
Article Text
BANK CLOSES ITS DOORS. Sudden Withdrawals of Deposits and a Failure to Make Collections Said to Be the Cause. I Ponca City, Okla., April 12.-The Citizens' bank closed its doors Monday, and the directors posted this notice: "On account of sudden withdrawals of deposts and a failure to make collections, we deem it best to close the bank, SO as to give all a fair chance. It is thought that the bank will be able to pay 33 cents on the dollar, but this is not authentic." J. B. Givens is president, and George T. McCandless cashier. Territorial Bank Commissioner Cooper is in charge, and H. C. R. Broadbam has been appointed receiver. No statement has been made of the bank's assets and liabilities.
7.April 15, 1904The Forrest City TimesForrest City, AR
Click image to open full size in new tab
Article Text
BANK CLOSES ITS DOORS. Sudden Withdrawals of Deposits and a Failure to Make Collections Said to Be the Cause. Ponca City, Okla., April 12.-The Citizens' bank closed its doors Monday, and the directors posted this notice: "On account of sudden withdrawals of deposts and a failure to make collections, we deem it best to close the bank, so as to give all a fair chance. It is thought that the bank will be able to pay 33 cents on the dollar, but this is not authentic." J. B. Givens is president, and George T. McCandless cashier. Territorial Bank Commissioner Cooper is in charge, and H. C. R. Broadbam has been appointed receiver. No statoment has been made of the bank's assets and liabilities.
8.April 15, 1904Morgan County DemocratVersailles, MO
Click image to open full size in new tab
Article Text
BANK CLOSES ITS DOORS. Sudden Withdrawnls of Deposits and as Failure to Make Collections Said to Be the Cause. Ponca City, Okla., April 12.-The Citizens' bank closed its doors Monday, and the directors posted this notice: "On account of sudden withdrawals of deposts and a failure to make collections, we deem it best to close the bank so as to give all a fair chance It is thought that the bank will be able to pay 33 cents on the dollar, but this is not authentic." J. B. Givens is president, and George T. McCandless cashier Territorial Bank Commissioner Cooper is in charge, and H C. R. Broadbam has been appointed receiver No statement has been made of the bank's asgets and liabilities
9.April 16, 1904The Diamond DrillCrystal Falls, MI
Click image to open full size in new tab
Article Text
OKLAHOMA BANK CLOSES DOORS Ponca Institution Is Forced to Wall by Withdrawal of Deposits. Ponca City, Ok., dispatch: The Citizens' bank has closed its doors, and the directors posted this notice: "On account of sudden withdrawals of deposits, and a failure to make collections, we deem It best to close the bank, so as to give all a fair chance." It is thought that the bank will be able to pay 33 cents on the dollar, but this is not authentic. J. B. Givens is president, and George T. MeCandless cashier. Territorial Bank Commissioner Cooper is in charge, and H. C. R. Broadbam has been appointed receiver. No statement has been made of the bank's assets and liabilities.
10.April 18, 1904The Chickasha Daily ExpressChickasha, OK
Click image to open full size in new tab
Article Text
ANOTHER BANK CLOSES Citizens Bank of Ponca City Shut Up Place of Business PONCA CITY: The Citizens Bank closed its doors and the directors posted this notice: "On account of sudden withdrawals of deposits and a failure to make collections, we deem it best to close the bank, so as to give all a fair chance. It is thought that the bank will be. able to pay 33 cents. on the dollar, but this is not authentic." J. B. Givens is president and George T. McCandless, cashier. Territorial Bank Commissioner Paul Cooper is in charge and H. R. Broadban has been appointed receiver. No statement has been made of the bank's assets and liabilities.
11.June 24, 1904The Guthrie Daily LeaderGuthrie, OK
Click image to open full size in new tab
Article Text
PAID IN FULL. Payment of 20 Per Cent Promised Before Due. | Ponca City, Okla., June 74.-Receiver Brodball gives notice that he will make a payment of 20 per cent to the creditors of the Citizens' bank on the 25th of this month. Most of the obligations to the bank don't fall due until after harvest and Receiver Brodball has done remarkably well to make this payment at this time. and the indications are that the creditors of the bank will be paid in full in less time than was expected.
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.
