Articles (1926โ1927) refer to the First National Bank of Modesto as 'defunct' and discuss actions by Charles A. LaBree as receiver. No newspaper text describes a depositor run; the bank had been placed in receivership and remained closed. OCR in articles is poor; dates and some names corrected (e.g., 'La Bree' -> LaBree).
Events (5)
1.March 7, 1884Chartered
Source
historical_nic
2.July 10, 1920Voluntary Liquidation
Source
historical_nic
3.February 6, 1926Receivership
Newspaper Excerpt
Charles A. La Bree, as receiver of the ... First National Bank ... filed the Superior Court here yesterday (Feb. 6).
Source
newspapers
4.March 4, 1927Other
Newspaper Excerpt
BANK RECEIVER LOSES IN COURT OVER OLD NOTE ... of the defunct First National Bank ... lost decision before jury ... LaBree contended ... the missing president the bank
Source
newspapers
5.*Suspension
Cause
Government Action
Cause Details
Bank placed in receivership (defunct) leading to suspension/closure; articles discuss receiver's actions and lawsuits.
Newspaper Excerpt
the defunct First National Bank of
Source
newspapers
Newspaper Articles (2)
1.February 26, 1926The RecordStockton, CA
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Article Text
BANK RECEIVER SUES ON NOTES
MODESTO OFFICE STOCKTON RECORD. Feb. 6.-Payment of $4000 alleged due on promissory notes executed in favor of C. LA Flack, missing of the First National Bank of and indorsed by him to that institutio asked two filed the Superior Court here yesterday Charles A. La Bree, as receiver of the Eugene Bessae is alleged in have exnote Flack's favor on October 31, for while the complaint alleges that note for $2500 in Flack's favor on the same
2.March 4, 1927The RecordStockton, CA
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Article Text
BANK RECEIVER LOSES IN COURT OVER OLD NOTE
MODESTO OFFICE STOCKTON of the defunct First National Bank of lost decision before jury in Judge Fulkerth's court yesterday his efforts collect $2500 on Riverbank note by Steele, turned to Flack, missing president the bank, as an LaBree contended that the note Steele the accomthe Riverbank canin which Flack the strength the according to LaBre's plea, Flack credited money the cannery account and therefore the consideration credit given the canfor the full amount the note, and result thereby, Steele testified that he gave the to Flack on his that used only the "paper assets" of the bank. and as sult there was no Steele further testified that It was the the collected efforts made to the sume. or He Attorney Thomas B. Scott of this city.