gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
b32e9b506b239d7f
Response Measures
None
Description
Bank is already in receivership and being liquidated; decree from State Corporation Commission referenced.
Events (3)
1.April 20, 1944Receivership
Newspaper Excerpt
Walter Lee Rush E. J. Sutherland, Receivers for Dickenson County Bank
Source
newspapers
2.May 18, 1944Other
Newspaper Excerpt
OLD BANK TO PAY 3 PER CENT TO DEPOSITORS ... affairs of the old Dickenson County Bank are being wound up
Source
newspapers
3.November 24, 1948Suspension
Cause
Government Action
Cause Details
Decree by State Corporation Commission in suit against the bank leading to closure and assets remaining with receivers
Newspaper Excerpt
decree entered on the 24th day of November, 1948, (COB 13, page 253), in the suit of State Corporation Commission vs. Dickenson County Bank, Inc.
Source
newspapers
Newspaper Articles (10)
1.April 20, 1944Dickenson County HeraldClintwood, VA
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Article Text
NOTICE To All Depositors of the Dickenson County Bank, and Persons Interested in Its Affairs of Liquidation You are hereby notified that a meeting of the depositors of the Dickenson County Bank will be held at Clintwood, Virginia, on Saturday, May 6th, at 1:30 p. m. at the courthouse. At this meeting will be determined the disposition of the remaining assets of Dickenson County Bank, consisting of notes, judgments and real estate, and the method of final liquidation. All persons interested in this matter, especially depositors of Dickenson County Bank, are invited to be present. Walter Lee Rush E. J. Sutherland, Receivers for Dickenson County Bank (4-20 3t)
2.April 27, 1944Dickenson County HeraldClintwood, VA
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Article Text
NOTICE To All Depositors of the Dickenson County Bank, and Persons Interested in Its Affairs of Liquidation You are hereby notified that a meeting of the depositors of the Dickenson County Bank will be held at Clintwood, Virginia, on Saturday, May 6th, at 1:30 p. m. at the courthouse. At this meeting will be determined the disposition of the remaining assets of Dickenson County Bank, consisting of notes, judgments and real estate, and the method of final liquidation. All persons interested in this matter, especially depositors of Dickenson County Bank, are invited to be present. Walter Lee Rush E. J. Sutherland, Receivers for Dickenson County Bank (4-20 3t)
3.May 4, 1944Dickenson County HeraldClintwood, VA
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Article Text
NOTICE To All Depositors of the Dickenson County Bank, and Persons Interested in Its Affairs of Liquidation You are hereby notified that a meeting of the depositors of the Dickenson County Bank will be held at Clintwood, Virginia, on Saturday, May 6th, at 1:30 p. m. at the courthouse. At this meeting will be determined the disposition of the remaining assets of Dickenson County Bank, consisting of notes, judgments and real estate, and the method of final liquidation. All persons interested in this matter, especially depositors of Dickenson County Bank, are invited to be present. Walter Lee Rush E. J. Sutherland, Receivers for Dickenson County Bank (4-20 3t)
4.May 18, 1944Dickenson County HeraldClintwood, VA
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Article Text
OLD BANK TO PAY 3 PER CENT TO DEPOSITORS The affairs of the old Dickenson County Bank are being wound up, and it was announced this week that all depositors and creditors of the defunct bank will be paid 3 per cent of their accounts at this time. Depositors are asked by the receivers, Walter Lee Rush and E. J. Sutherland, to call or write them at Clintwood for their checks.
5.May 15, 1947Dickenson County HeraldClintwood, VA
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Article Text
NOTICE TO ALL CEDITORS AND DEBTORS OF DICKENSON COUNTY BANK: You are hereby notified that the undersigned receivers of Dickenson County Bank will, on June 9, 1947, in the court house in Clintwood, Virginia, submit to the Circuit Court their recommendation that the receivership of said bank be closed at the earliest possible date. You are invited to be present and offer any suggestions as to the method and date of said closing. This May 13, 1947. Walter Lee Rush and E J. Sutherland, Receivers of the Dickenson County Bank.
6.May 22, 1947Dickenson County HeraldClintwood, VA
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Article Text
NOTICE TO ALL CEDITORS AND DEBTORS OF DICKENSON COUNTY BANK: You are hereby notified that the undersigned receivers of Dickenson County Bank will, on June 9, 1947, in the court house in Clintwood, Virginia, submit to the Circuit Court their recommendation that the receivership of said bank be closed at the earliest possible date. You are invited to be present and offer any suggestions as to the method and date of said closing. This May 13, 1947. Walter Lee Rush and E J. Sutherland, Receivers of the Dickenson County Bank. (3t 5-15)
7.May 29, 1947Dickenson County HeraldClintwood, VA
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Article Text
NOTICE TO ALL CEDITORS AND DEBTORS OF DICKENSON COUNTY BANK:You are hereby notified that the undersigned receivers of Dickenson County Bank will, on June 9, 1947, in the court house in Clintwood, Virginia, submit to the Circuit Court their recommendation that the receivership of said bank be closed at the earliest possible date. You are invited to be present and offer any suggestions as to the method and date of said closing. This May 13, 1947. Walter Lee Rush and E J. Sutherland, Receivers of the Dickenson County Bank. (3t 5-15)
8.February 10, 1949Dickenson County HeraldClintwood, VA
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Article Text
CLINTWOOD, VIRGINIA at 1:00 P. M. SATURDAY, MARCH 12, 1949 all the assets of the said closed Dickenson County Bank remaining in the hands of said receivers. The said assets will be offered for sale to the highest bidder in the following manner: 1. REAL ESTATE: (a) 20 acres on Wolfpen Branch of Pound River, formerly owned by E. B. Chase; (b) 13 acres on Honey Camp Branch of Cranesnest River, formerly belonging to W. M. Lambert; and (c) 43 acres on Tilda Anderson Branch of Russell Fork River, formerly belonging to Frances Childress. Each tract to be offered for sale separately at first; then as a whole; on the terms shown here-
9.February 17, 1949Dickenson County HeraldClintwood, VA
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Article Text
Notice BANK ASSETS FOR SALE To The General Public: Under authority and direction of the provisions of a decree entered on the 24th day of Novernber, 1948, (COB 13, page 253), in the suit of State Corporation Commission vs. Dickenson County Bank, Inc., now pending in the Circuit Court of Dickenson Coun ty, Virginia, the undersigned receivers of said Dickenson County Bank will offer for sale at public auction at the front door of the court house in
10.February 17, 1949Dickenson County HeraldClintwood, VA
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Article Text
all the assets of the said closed Dickenson County Bank remaining in the hands of said receivers. The said assets will be offered for sale to the highest bidder in the following manner:
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.
