Globe National Bank (Globe, AZ)

Episode Information

Episode UID
819301295
Episode Type
Run โ†’ Suspension โ†’ Reopening
Bank Type
national
Bank ID
81930 national
Charter Number
8193
Start Date
November 4, 1907
Location
Globe, Arizona (33.394, -110.786)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
f8812f4bbf10673b

Response Measures

Accommodated withdrawals, Full suspension, Books examined

Other: Placed into receivership by the Comptroller (receiver took charge)

Events (6)

1. April 25, 1906 Chartered
Source
historical_nic
2. November 4, 1907 Run
Cause
Correspondent
Cause Details
Heavy drafts depleted cash and no cash was coming in from outside banks/correspondents
Measures
Closed its doors
Newspaper Excerpt
which closed its doors Nov. 4, after a run lasting several days
Source
newspapers
3. November 5, 1907 Suspension
Cause
Correspondent
Cause Details
Heavy drafts on cash and lack of assistance or cash inflows from outside banks forced suspension
Newspaper Excerpt
The Globe National bank, capital $50,000 deposits $300,000 temporarily suspended today. Heavy drafts on cash on hand with no cash coming in from outside banks, forced the suspension.
Source
newspapers
4. November 9, 1907 Receivership
Newspaper Excerpt
Notice is hereby given to all persons who may have claims against The Globe National Bank, Globe, Arizona, that the same must be presented to John H. Page, Receiver, with the legal proof thereof, within three months from this date, or they may be disallowed. WM. B. RIDGELY, Comptroller of the Currency.
Source
newspapers
5. May 23, 1908 Reopening
Newspaper Excerpt
The Globe National bank, which closed Its doors Nov. 4, after a running lasting several days, reopened this morning prepared to pay all depositors.
Source
newspapers
6. January 11, 1910 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (15)

Article from The Cairo Bulletin, November 6, 1907

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Article Text

ARIZONA BANK SUSPENDS. Globe, Ariz., Nov. 5.-The Globe National bank, capital $50,000 deposits $300,000 temporarily suspended today. Heavy drafts on cash on hand with no cash coming in from outside banks, forced the suspension.


Article from The Richmond Palladium and Sun-Telegram, November 6, 1907

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Article Text

ARIZONA bank SUSPENDS. Globe, Ariz., Nov. 6.-The Globe national bank suspended today.


Article from Palestine Daily Herald, November 6, 1907

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Article Text

Globe, Arizona, Bank Quits. Special to the Herald. Globe, Arizona, Nov. 6.-The Globe National Bank suspended today. Heavy drafts on its cash with no outside assistance possible forced the action on the bank.


Article from Daily Arizona Silver Belt, November 19, 1907

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Article Text

TREASURY DEPARTMENT, Office of the Comptroller of the Currency, Washington, D. C. November 9, 1907. Notice is hereby given to all persons who may have claims against The Globe National Bank, Globe, Arizona, that the same must be presented to John H. Page, Receiver, with the legal proof thereof, within three months from this date, or they may be disallowed. WM. B. RIDGELY, Comptroller of the Currency.


Article from Daily Arizona Silver Belt, November 22, 1907

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Article Text

TREASURY DEPARTMENT, Office of the Comptroller of the Currency, Washington, D. C. November 9, 1907. Notice is hereby given to all persons who may have claims against The Globe National Bank, Globe, Arizona, that the same must be presented to John H. Page, Receiver, with the legal proof thereof, within three months from this date, or they may be disallowed. WM. B. RIDGELY, Comptroller of the Currency.


Article from Daily Arizona Silver Belt, January 10, 1908

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Article Text

TREASURY DEPARTMENT, Office of the Comptroller of the Currency, Washington, D. C. November 9, 1907. Notice is hereby given to all persons who may have claims against The Globe National Bank, Globe, Arizona, that the same must be presented to H. D. Marshall, Jr., Receiver, with the legal proof thereof, within three months from this date, or they may be disallowed. WM. B. RIDGELY,


Article from Daily Arizona Silver Belt, January 11, 1908

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Article Text

TREASURY DEPARTMENT, Office of the Comptroller of the Currency, Washington, D. C. November 9, 1907. Notice is hereby given to all persons who may have claims against The Globe National Bank, Globe, Arizona, that the same must be presented to H. D. Marshall, Jr., Receiver, with the legal proof thereof, within three months from this date, or they may be disallowed. WM. B. RIDGELY,


Article from Daily Arizona Silver Belt, February 5, 1908

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Article Text

Notice to Depositors Receiver's Certificates are now ready for all creditors who have made legal proof of their claims against the Globe National Bank. H. D. MARSHALL, Jr., Receiver.


Article from Daily Arizona Silver Belt, April 4, 1908

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Article Text

Marshall Returns-H. D. Marshall, Jr., receiver of the Globe National bank returned last evening from Bisbee where he was sent by the comptroller of currency to take charge of the First National bank of that city when its condition became known. Mr. Marshall caused the arrest of its president and cashier for alleged irregularities. Sev. eral days ago he turned over the bank to Permanent Receiver Lakin.


Article from Deseret Evening News, May 23, 1908

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Article Text

GLOBE BANK RESUMES. Globe, Ariz, May 23.-The Globe Na. tional bank, which closed Its doors Nov. 4, after a running lasting several days, reopened this morning prepared to pay all depositors. The bank's capital is $50,000.


Article from The Topeka State Journal, May 23, 1908

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Article Text

Globe Bank Reopens. Globe, Ariz., May 23.-The Globe National bank, which closed its doors November 4, after a run lasting several days, reopened this morning prepared to pay all depositors. The bank's capital is $50,000.


Article from Evening Star, May 23, 1908

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Article Text

Globe, Ariz., Bank Reopens. GLOBE Ariz. May 23.-The Globe National Bank. which closed its doors November 4. after a run lasting several days. reopened today and prepared to pay all depositors. The bank's capital is $50 000.


Article from The Pensacola Journal, May 24, 1908

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Article Text

THIS BANK OPENED AGAIN. Arizona Institution Failed During Panic, But Paid Out. By Associated Press. Globe, Ariz., May 23.-The Globe National Bank, which closed its doors November 4, after a run lasting sev eral days, re-opened to-day prepared to pay all depositors. The bank's capital is $50,000.


Article from The Prescott Daily News, May 25, 1908

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Article Text

Bank Has Reopened. Globe, Ariz., May 25.-The Globe National bank, which closed its doors Nov. 4 after a run lasting several days, reopened Saturday, prepared to pay all depositors. The bank's capital is $50,000.


Article from Greene County Herald, May 29, 1908

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Article Text

Bank Reopens. Globe, Aris., May 25.-The Globe National Bank, which closed its doors November 4, after a run lasting sev. eral days, has reopened and is prepared to pay all deposits. The bank's capital is $50,000.