Article Text
Bank Receiver Files Suit on Stockholder W. R King, receiver for the First National bank of Sweetwater, has filed suit against A. E. Pistole, stockholder in the United States district court here. Pistole owned 24 shores of capital
First National Bank (Sweetwater, TX)
Episode Information
- Episode UID
578101584- Episode Type
- Suspension → Closure
- Bank Type
- national
- Bank ID
-
57810national - Charter Number
- 5781
- Start Date
- December 14, 1931
- Location
- Sweetwater, Texas (32.471, -100.406)
Metadata
- Model
- gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
- Short Digest
6d49ac655f94a06d
Response Measures
None
Receivership Details
- Depositor recovery rate
- 57.1%
- Date receivership started
- 1931-12-14
- Date receivership terminated
- 1936-02-28
- Share of assets assessed as good
- 43.8%
- Share of assets assessed as doubtful
- 49.1%
- Share of assets assessed as worthless
- 7.2%
Description
Receivership referenced in articles; known receivership date used for suspension timing.
Events (6)
1.
April 18, 1901
Chartered
- Source
- historical_nic
2.
December 14, 1931
Receivership
- Source
- historical_nic
3.
December 14, 1931
Receivership
- Newspaper Excerpt
- receivers of the First National Bank here, December 1931
- Source
- newspapers
4.
December 14, 1931
Suspension
- Cause
- Government Action
- Cause Details
- Bank closed and placed in receivership in December 1931
- Newspaper Excerpt
- receivers of the First National Bank here, December 1931
- Source
- newspapers
5.
September 23, 1932
Other
- Newspaper Excerpt
- Bank Receiver Files Suit on Stockholder: W. R King, receiver for the First National bank of Sweetwater, has filed suit against A. E. Pistole
- Source
- newspapers
6.
March 6, 1933
Other
- Newspaper Excerpt
- Closed Bank Ready To Pay Dividend ... receivers of the First National Bank here, December 1931, announced they were ready pay ... dividend
- Source
- newspapers
Newspaper Articles (2)
Article Text
Closed Bank Ready To Pay Dividend By Associated Press Sweetwater, March 6.-Coincident with the closing of all banks, receivers of the First National Bank here, December 1931. announced they were ready pay cent dividend, totaling Twenty per cent had been paid previously.