Home State Bank (Montrose, CO)

Episode Information

Episode UID
82007471467
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
8200747 routing
Routing Number
82-0074
Start Date
March 1, 1922*
Location
Montrose, Colorado (38.478, -107.876)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
0342395fbce4ac08

Response Measures

None

Description

Date of closing is given only relative to article dates (last March / about a year ago).

Events (1)

1. March 1, 1922* Suspension
Cause Details
Bank closed/failed and remained defunct; articles do not specify a run or precise cause such as embezzlement or correspondent failure.
Newspaper Excerpt
the Defunct Home State Bank of Montrose, which closed its doors last March
Source
newspapers

Newspaper Articles (2)

Article from The Arvada Enterprise, February 1, 1923

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Article Text

LATE NEWS From All Over COLORADO Loveland.—The Colorado Portland Cement Company will, in the near future, build and operate in Loveland a cement plant costing $1,500,000. Boulder.—Dr. Luman M. Giffin, 74, pioneer Colorado physician, and first dean of the medical school at the University of Colorado, died at his home in Boulder as a result of a stroke of apoplexy. Boulder.—Frank Christensen, 24 years old, was instantly killed when his arm came in contact with a high-voltage wire while he was working on a pole for the Western Light and Power Company at Boulder. Greeley.—A dog fight caused James W. Gault, prominent Greeley attorney, to be arrested for disturbance. Gault was placed in the county jail by Sheriff H. L. Corder, but was subsequently admitted to bail, which he gave. Idaho Springs.—The body of Fred James, 34 years old, of Idaho Springs, was found on the Mount Evans trail, more than a mile from Echo lake, where he had fallen from exhaustion in trying to make his way home. Denver.—The State Highway Commission announced that the new Buttes bridge over Fountain creek between Colorado Springs and Pueblo, built to replace one destroyed by the floods of June, 1921, had been opened to traffic. Leadville.—After deliberating eight hours, a jury in District Court found William H. Upton, alleged gambling house owner, not guilty of the murder of Herbert Beedle, alias Art Lingo, another gambling house proprietor and Upton's former business associate. Durango.—Because he believed that Alfred Hadley, 23, was responsible for the disappearance of his 16-year-old daughter, J. F. Flincher of Ackman shot Hadley dead a few days ago. Flincher gave himself up to the sheriff and is in jail at Cortez. Idaho Springs.—Mrs. George Wright was painfully burned about the arms, hands and face when she entered her burning home and rescued her 5-year-old daughter from the flames. The child is said to have thrown a lighted match into the kitchen woodbox while her mother was in the yard. Rifle.—In the first attempt to keep the road clear of snow, mail and supplies are being transported on time between Rifle and Meeker, Colo., a distance of forty-four miles, for the first time in history, during winter months, according to an announcement by the State Highway Department. Denver.—The annual meeting and election of officers for the Denver Tuberculosis Society was held recently. Those elected were Dr. G. Walter Holden, president; Dr. Charles N. Meader and Henry Van Kleeck, vice president; William W. Grant, treasurer, and Dr. M. Ethel V. Fraser, secretary. Montrose.—The directors of the Defunct Home State Bank of Montrose, which closed its doors last March, must pay damages to the First Church of Nazarene in the sum of more than $1,200, the amount of deposits made by the Nazarene church in the bank less than thirty days before the closing, according to jury verdict rendered in District Court. Durango.—The biggest storm of the year has settled over southwestern Colorado. Railroad trains are running hours late; telephone and electric service has been interrupted. The fall of snow ranges from one foot at Durango to four feet in the mountains. No loss of life or damage to stock has been reported. The storm insures plenty of water for irrigation in this district during the year. Greeley.—Henry M. De Votie, 82 years old, pioneer resident of Greeley, and former member of the State Legislature, died at his home a few days ago. Gunnison.—Dr. Samuel Quigley, president of the Normal School, and Mrs. Marie Dunn, were married at Gunnison and immediately departed on the evening train for Denver. Dr. Quigley was made head of the school several years ago upon his return from research work in France in connection with the war. Mrs. Dunn came to Gunnison eighteen months ago from Lincoln, Neb., and was made matron of the girls' dormitory at the school. Denver.—The El Paso county boys' stock judging team won first honors in the interstate boys' and girls' club judging contest at the National Western Stock Show by scoring 1,209 out of a possible 1,500 points. The Colorado team is composed of Dean Besse,


Article from Gunnison News-Champion, March 9, 1923

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Article Text

Montrose Enterprise Quits Field Cold We learn that the Montrose Enterprise, lately published in that city, suspended with the issue of that date or the last one. This comes as an unexpected blow to the friends of the Enterprise, it being one of the pioneer papers on the Uncompahgre and a live paper with 1800 subscribers. The reason for its discontinuance is because of the financial stress that has been so noticeable in the lower valleys for the past year. However, the primary cause was the failure of the Home State Bank at Montrose, which closed its doors about a year ago, its president, C. E. Earnest, being part owner of the newspaper. The immediate cause of failure was the fact that the Intertype company sent a representative to Montrose a few days ago with instructions to remove one of the important type-setting machines because of failure to make monthly payments upon it. There has been a tendency of late toward consolidations of newspapers, and it is believed that the suspension of the Enterprise is another sign in this direction. As a matter of fact, the large town of Canon City has had but one newspaper for years. Friday afternoon of last week, a distraint warrant was issued by the county for the unpaid taxes of the Enterprise Printing which amounts to some 400 dollars. Sheriff Phillips took possession of the property, and unless the taxes are paid within five days, will advertise the property for sale. Lynne Monroe, the editor of the Enterprise, for many years, will seek another field for his activities in the newspaper business. Mr. Monroe is an excellent writer and a splendid citizen. We extend our regrets to him personally and to the Democrats of Montrose county, who are left without the square and honest representation he has given them.