Snyder State Bank (Snyder, CO)

Episode Information

Episode UID
82036471453
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
8203647 routing
Routing Number
82-0364
Start Date
January 1, 1921*
Location
Snyder, Colorado (40.329, -103.596)

Metadata

Model
gemini-3-flash-preview (chosen from majority vote of a three-model LLM ensemble)
Short Digest
605b3c2e0de9f0c1

Response Measures

None

Description

The articles report on a 1923 court judgment regarding the 1921 failure of the bank.

Events (2)

1. January 1, 1921* Suspension
Cause Details
The bank went out of business in 1921; specific trigger not mentioned.
Newspaper Excerpt
Both of these banks went out of business in 1921 and depositors were unable to collect.
Source
newspapers
2. March 22, 1923 Other
Newspaper Excerpt
Grant McFerson, state bank commissioner, was awarded judgment in District Court against several stockholders of the defunct Snyder State Bank
Source
newspapers

Newspaper Articles (2)

Article from The Raymer Enterprise, March 22, 1923

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Article Text

LATE NEWS From All Over COLORA DO Golden.-Golder has just finished one district and is now to a notice to create a publish paving the second ready entire district, which will traverse town. Denver.-Smoking on the two rear of cars is O. vote of five or six to one, seats Tramway K. smoking By to a carried in the voting. according L. Adams, of James superintendent Tramway Com transportation for the pany. Denver. - February reflected im s proved Industrial conditions generally throughout Colorado in increased employment over January, according to a h survey made public by the employment bureau of the Department of Labor at Washington Golden.- W. B. Kelso, forest ranger in the Clear Creek division of the Pike national forest, has interested the city council of Golden and the board of commissioners of Jefferson county in plan for the protection lands between of a co-operative forest Golden and Idaho Springs for thousands Colorado and farmers Denver.--Relief in other West- of states who are tilling soil upon projects raise sufficient crops ern failed federal to irrigation and to have pay charges due the government for supthe water to irrigate in Washington plying was announced their by farms Seeretary of Interior Work. Greeley.-The State Teachers Col- at graduated thirty-nine students of the winter more than double lege the is one close quarter. the number This this making up the graduating class at a year ago. are with the close of / period uated Classes each teaching quarter. gradThis enables them to begin at once in the event they have ap pointments. Springs.-The State Board of at a meeting in Glenwood Pardons the office comof Governor Sweet in Denver, the sentence of Springs to muted of Glenwood Samuel five from months Allison fouris serving a term of months for teen Allison to eighteen grand five larceny. No action was taken on other cases which were taken before the board. Pueblo.-Two men were seriously in and several others a fire at the jured jured during plant slightly of here. the in Mountain Ice and Coal Company engineer of Adams were and Burrell Steve Smith, hurled the from plant, floor a and fell to a cement feet below. The scaffold thirty gasoline fire started torch from the explosion of a work being used by one of a party of men engaged in putting asphalt between chinks in a wall. Denver. A refinancing program for complete rehabilitation of its lines, exwhich $11,000,000 will be will be undertaken at during pended, Western once by Denver & Rio Grande the Company, according to an anhere nouncement Railroad following District decision Court given in United States permit such procedure on the of part the of to Joseph H. Young, receiver be railroad. The railroad will issue tween $10,000,000 and $11,000,000 was worth of receiver's certificates, it said. Boulder. Elections are to be held and in of the incorporated cities all in Boulder county during April sides are lining up a and towns the Longmont lively the fight for control. In fight is to be over the question of en larging the municipal lighting plant or purchasing the additional electricty that is needed from the Western Light an and Power Company In Boulder the fight has developed on the of citizens unexpected initiation opposed government to on manager form of the city grounds that it is "too autocratic." Windsor. - Windsor High school team, champions of Colo beat Weston, champions of basketball school, rado, Idaho, Idaho, by Weston a score High 20 at Salt Lake city. title holder of the of was 21 the to and Rocky their Mountain region last year was composed of the identical seamen team who won those honors last son. Denver. - Grant McFerson, awarded state bank commissioner, was judgment in District Court defunct against several stockholders of the Snyder State Bank and the Stoneham went Bank. Both of these banks State of business in 1921 and depositors out unable to collect. Assessments to were were made against the stockholders clear up the indebtedness Denver.-Stocks of grain on Colorafarms the first day of March were 3,200,000 do bushels less than a year ago, by according to the report just issued ReColorado Co-operative Crop of the the Service. The reserves the porting principal cereals grown in comstate four totaled 11,983,000 bushels, year pared with 15,194,000 bushels last


Article from The Arvada Enterprise, March 22, 1923

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Article Text

LATE NEWS From All Over COLORADO Golden.-Golde has just finished ready paving district and 18 now second one publish n notice to create a entire town. district, to which will traverse the Denver.-Smoking on the two By rear a seats of Tramway cars is O. K. smoking vote of five or six to one, to carried in the voting. according of James L. Adams, superintendent Comtransportation for the Tramway pany. Denver. - February reflected improved industrial conditions generally emthroughout Colorado in increased to 11 ployment over January, according made public by the employment at survey bureau of the Department of Labor Washington. Golden, W. B. Kelso, forest ranger Pike Creek division of the in has interested of of Golden and the national council the Clear forest, county board the city in commissioners of Jefferson co-operative plan for the protection and of a forest lands between Golden Idaho Springs Denver.- for thousands of farmers in Colorado and other West- upon who are tilling soil projects ern federal states irrigation and to have failed to raise sufficient crops sup- pay charges due the government for farms plying the water to Irrigate their Secwas announced in Washington by retary of Interior Work. Greeley.-The State Teachers College graduated thirty-nine students This at close of the winter quarter. number the more than double the this making is one up the graduating class at gradperiod u year ago. Classes are uated with the close of each quarter. This enables their to begin teaching at once in the event they have ap pointments. Glenwood Springs.-The - State Board office of Pardons at a meeting in the comof Governor Sweet in Denver, muted the sentence of Samuel Allison Glenwood Springs to five months. fourof Allison is serving a term of from lar. teen to eighteen months for grand five No action was taken on ceny. other cases which were taken before the board. Pueblo.-Two men were seriously in- inand several others slightly the jured jured during it fire at the plant of Ice and Coal engineer of a Adams were Mountain Burrell Smith, Company hurled the from plant, here. and fell to u feet below. The thirty and scaffold Steve cement fire started torch floor the explosion of 11 gasoline from used by one of a party of work- be men being engaged in putting asphalt tween chinks in a wall. Denver.- refinancing program for rehabilitation of its lines, which $11,000,000 by will be undertaken at once pended. complete during will Western be exDenver a Rio Grande Railroad the Company, according to an announcement here following decision in United States District Court given permit such procedure on the part the of to Joseph H. Young. receiver of railroad. The railroad will issue be $10,000,000 and $11,000,000 said. tween worth of receiver's certificates, it was Boulder. Elections are to be held In of the incorporated cities and all in Boulder county during April towns and the sides are lining up a lively the for control. In Longmont to be over the enthe municipal or larging fight fight 18 lighting question plant of purchasing the additional electricty that is needed from the Western Light and Power Company. In Boulder an unexpected fight has developed on the initiation of citizens opposed to the manager form of government on city the grounds that It IN "too autocratic." Windsor. Windsor High school basketball team, champions of Colo rado, beat Weston, Idaho, High school, champions of Idaho, by a score of 21 to 20 at Salt Lake city. Weston the title holder of the Rocky Mountain was region last year and their team was composed of the Identical men who won those honors last season. Denver. Grant McFerson, state bank commissioner. was awarded in District Court against stockholders of the several judgment the Stoneham defunct Snyder State Bank and State Bank. Both of these banks went of business in 1921 and depositors were out unable to collect. Assessments were made against the stockholders to clear up the indebtedness Denver Stocks of grain on Colora do farms the first day of March were 3,200,000 bushets less than a year ago, to the report just issued by Co-operative according the Colorado Crop of Re the porting Service. The reserves four principal cereals grown in the state totaled 11,983,000 hushels comand 28,668,000 hushels in March. 1921. pared with 15,194,000 bushels last year