Glendale State Bank (Glendale, AZ)

Episode Information

Episode UID
91006571452
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
9100657 routing
Routing Number
91-0065
Start Date
December 11, 1920
Location
Glendale, Arizona (33.539, -112.186)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
80c314d6b5054ecb

Response Measures

None

Description

No contemporaneous article describes a depositor run; receivership and insolvency documented.

Events (7)

1. December 11, 1920 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank closed Dec. 11, 1920; later receiver's report blames indiscriminate unsecured loans and poor management leading to failure.
Newspaper Excerpt
The Glendale State Bank at Glendale, Arizona, has been closed.
Source
newspapers
2. January 13, 1921 Receivership
Newspaper Excerpt
W. C. Foster ... was appointed receiver of the Glendale State bank by Judge Lyman, after a hearing on a motion made by W. J. Galbraith, attorney general, asking for the order.
Source
newspapers
3. May 19, 1921 Other
Newspaper Excerpt
first report of W. C. Foster, receiver, ... Indiscriminate loans, with little or no security, were largely responsible for the failure of the Glendale State bank.
Source
newspapers
4. February 3, 1922 Other
Newspaper Excerpt
The Glendale State bank that closed more than a year ago paid out 10 per cent of the deposits this morning's closing ... partial payments and dividends followed receivership.
Source
newspapers
5. March 31, 1922 Other
Newspaper Excerpt
Joseph Hansen ... has been appointed receiver for the Glendale State Bank. Mr. Hansen takes charge immediately. W. C. Foster, former receiver, having resigned.
Source
newspapers
6. December 16, 1922 Other
Newspaper Excerpt
Defunct Glendale Bank depositors get part payment ... dividend number 2 ... covers 10 per cent, for common creditors.
Source
newspapers
7. July 21, 1925 Other
Newspaper Excerpt
Receiver Joseph Hansen preparing checks to be mailed out ... fifth dividend of 3.1 percent; affairs to be closed.
Source
newspapers

Newspaper Articles (18)

Article from Taiban Valley News, December 31, 1920

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Southwest News From All Over New Mexico and Arizona Western Newspaper Union News Service. The charter for the National Bank of Galiup, New Mexico, has been issued by the government and the new institution will open for business the first of January. The contract has been let and actual construction work started on the main building of the Menaul school at Albuquerque, which, when completed, will cost over $77,000. The Glendale State Bank at Glendale, Arizona, has been closed. Jesse L. supervisor of state banks, would be said Boyce, the closing probably only temporary. The discovery of a large vein of high-grade gold ore on claims located mountains from Casa in miles the southwest Sheridan about Grande, forty Arizona, has created quite an excitement and many automobile loads of people have been rushing out to the new gold field to get in on the ground floor. It has been announced at Douglas, Ariz, that the Apache Powder pany, is building a plosive which factory large Com- exnear Benson, Ariz., will of a at the Calumet & Arizona plant begin construction fuming Cop- acid per Company's smelter. The plant will make acid for use in the powder at the main factory. A wireless telephone net has been installed by the forest department in the office of Supervisor T. T. Swift in Safford, Arizona. The first to be made with a large radio Afterwards be tion is outfit Clifton, connec- may installed and connections made government stations in with Arizona other radio and elsewhere. Following the example of other mining companies in the southwest, the United Verde Mining Company and the United Verde Extension Mining Company, both operating in the Jerome district, have posted notices reducing $1 pay of miners and other day workers a day, and of salaried employรฉs approximately 20 per cent. Farmers, business men and citizens of Las Vegas, N. M., attended a big meeting held at the rooms of the Commercial Club for the purpose of fecting an organization to conduct perannual livestock and agriculture an hibit in that city. The plans include exa permanent organization and of annual cowboys' roundup is to be one the the entertaining features. The last chapter in the prosecution of the defendants in the Bisbee deportation cases was written in Washing. ton when the Supreme Court of United States affirmed the decision the the United States District Court of Arizona that the alleged deportation of of several hundred men from the ren district on July 12, 1917, was War- not a violation of federal statutes, Inability of cotton growers stock raisers to meet their and to depressed markets reason for the as owing the closing obligations was of given other Arizona bank. The ansuspend business is tution brook to latest the insti- HolLast State Bank at Holbrook, Saturday the State Bank of Ariz. doors, dale, at Glendale, Ariz, closed Glen- its Organized by a group of prominent citizens of Arizona, J. S. Douglas H. George Kingdon of Jerome: William and ham Brophy and Michael J. Cunningof Bisbee, and A. J. Pickerill Prescott, added a new firm will of banking to Yavapai county's soon list be to be institutions. The new of known as the Bank of Clemen- house, ceau, will be opened in that city, Now that the peak of the picking season is over, the Arizona cotton continued Cotton Growers' Association has Mexico the shipping of pickers disdistrict. into the Glendale, Arizona, from ) Discovery of the ruins of a toric were village and cemetery in prehisNavajo many relies of great value, which in been country in New Mexico, the Museum announced by the has of Natural History. American The covery was made by an dis1 party has been headed by Earl H. Morris, exploration Pueblo conducting excavations which N. M. community dwelling at Aztec, in the 1 nanea, Official announcement from American Sonora, has been received CaSonora, Consul Dyer of by Copper that the Cananea Nogales, pension Company would delay Consolidated the 15. of operations until susannounced Suspension for December had previously 15. January been sage due to stated the the extension of The time mesCalles in success of General was in taxes. securing a rebate of P. $50,000 Ellas alias Alexander George G. A, Patterson of Chicago, in Albuquerque Thompson. who posed of New York City, as a Baptist minister Caino complaint of the has Rev been arrested


Article from Arizona Republican, January 13, 1921

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SCHOOL BUILDING BURNS AT LENDALE GLENDALE Jan. 12.-The manual training building at the Glendale degrammar school was completely The stroyed by fire Tuesday night. fire was discovered about 9 o'clock. At the time the manual training instructor was in the building but was unable to control the flames, and when assistance came, the flames had SO far advanced in the frame building as to be beyond control. There were 12 work benches and sets of tools in the building, and these, with the students' work for the year, were completely destroyed. Insurance was carried on the building and contents. Receivership for Bank Official word was received in Glendale on Wednesday to the effect that Glendale Stat ebank, which closed in December, is its the into doors a receiversship. early Notices were to re- go ceived by the various stockholders to the effect that they in Judge Phoenix on January and should court employes in appear Lyman's 13 to show cause why an injunction should not be granted to restrain the bank from doing business It is believed that a receiv.er will be appointed in a short time Large Cotton Fire L. Thurstain, a rancher and cotton J. grower of the Glendale district, had the misfortune to lose 40,000 pounds of cotton by fire. The cotton was stored on the ranch near Lateral the 17 at the time and the cause of fire is unkown The cotton was insured. Business Visitor George G Doyle, contractor of Phoenix, and the man who installed the heating system at the Glendale gram- in mar school, was a business visitor Glendale on Wednesday. Funeral of Mrs. Cloud Mrs. Davis Cloud, daughter fo Mr. and Mrs. B. R. Thomas of Catlin Court, passed away Tuesday at the hospital in Phoenix as a result of serious burns she received when a can of distillate exploded while in her hands. Mrs. Cloud was severely burned, and fear for her recovery was entertained throughout, and all that S possibly could be done to save her life was done by her parents and husband. At the time of her death Mrs. Cloud 7 was only 18 years old and was a bride of four months. Interment was made i in Greenwood cemetery in Glendale a on Wednesday. S New Feed Company The Glendale Hay company has just opened up for business in the old t warehouse across the track and next o the Standard Oil plant. This new to company will be under the direct man1 agement of F. H. Gates, who for some 2 years has been in close touch with all matters pertaining to the hay and grain business. The company will sell I both at wholesale and retail and ina vites everyone to pay them a visit a and get acquainted with their place of business and their methods. h The American Legion to Meet of Walter G. Grassie post the American Legion wishes to announce that on Thursday evening at 8 o'clock at the Woman's club house there will g be a meeting of the post to take up very important matters pertaining to the post and officers. Small Fire S. C. Sine, living on Grand avenue east of Glendale, suffered a slight loss a by fire on Monday night. Some 800 t pounds of cotton which was stored y in a barn was ignited when some of n the pickers turned over a lantern. The t, loss was covered by insurance. Woman's Club d The Woman's club held a very in B, teresting meeting in the grammar school auditorium on Wednesday aft, ternoon A record crowd heard the program. e


Article from Arizona Republican, January 14, 1921

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MANY REQUESTS FOR FACTS CONCERNING GLENDALE DISTRICT GLENDALE, Jan. 13-During the week several letters received by the District have past been Commercial secretary of inquiry club of of the each and one of these from the Glendale various every parts country, writers and ask recomplete description Glendale know the facts want for garding a to more the district. land regarding and Some the price of too others are asking to mention, climate, ious other water, things numerous In in each regard var- to communications their intention of signify of business these opportunities. locating faith the writers in and one the are willing to place their famous Salt River valley, because they know that diversified farming will come to stay and that this is the land of opportunity. committee of the GlenCommercial a in the Town on dale meeting The District executive Hall club will Friday of hold this night, January 14. The purpose meeting will be to discuss the ways and means to perfect and complete the organization. The secretary has been instructed to furnish a list of all the old members and a tentative list of the new businesses and the new ranchers that have come into the community in the past eight months. The question of the proper amount for dues will also be discussed. Another thing of importance that will be at this be the by the taken discussion up committee meeting protection will of better and means of fire in lower the and also to safeguard surance order ways to premium matter against. on of re- intotal loss by fire; also the organizing the home guards will be discussed. home for the office of the g of the Commercial will 1d be due as secretary A given new consideration club Judge er Patterson, justice of the peace, will have to have the room now occupied by ly the Commercial club for a court room. His office in the Weigold building having to be given up on January 28, when the Penney stores will take over VS the lease and put in a new store. XThe members of the executive comto mittee are: E. F. Jack, chairman; L. E. Kingmon, secretary; A. A. Carrick, H. dC. Gilbert, A. M. Hoel, G. McAbee, W. eHarry More, A. G. Pilcher, G. al Protzman, H. C. Reed and C. H. Tinker To Be Buried Saturday ds as The funeral service of W. A. Fauber, klocal rancher, who died at his home on in the Del Higo ranch, northeast of Glendale, Tuesday morning, will be held on ds Saturday afternoon at 2 o'clock at the big Baptist church in Glendale and inter of ment will be made in Phoenix. III From Smallpox ht Word has been received that B. H teWilliams, local business man is con an fined to his home with a light case of smallpox. Baseball The Glendale Greys will play the he West End Sluggers on their home dia es, mond on Sunday afternoon at 2:30 ero'clock. So far the teams have met cal three times and the Sluggers have just managed to nose out a win each time ed last, by a small score on the game eon the Tolleson en at played Heretofore the very grounds grounds have all in on Glen- been ac. count of no available nd ter dale. But Manager Benz has arranged his for a home diamond now, and the old baseball spirit has been revived somep" what. The new diamond will be locat ed on South Seventh avenue just north of the Pacific Creamery. Receiver Appointed kes W. an C. Foster, formerly connected ne, with the Phoenix Savings Bank an ed, Trust company, was appointed b enJudge Lyman, Thursday, to act as re Mr a ceiver in the Glendale State bank. ach Foster gave bond Thursday afternoof ure to the extent of $50,000 and will open nce the bank on Friday morning, Jan tch uary 14. ille Phoenix Visitor will Mrs. W. J. Galbraith, wife of the at ich torney general, was a visitor in Glen of a dale on Thursday afternoon. res. Remodeling Activities proThe past few days in Glendale ha the been cleanup and paint up days and Rasome places of business have under gone remodeling. The Carrick Realt Hip company has been busy the past fe on't days altering and changing the insid [ip's office, the Toggery has been putting toa new front, the Northside Electr ives have entirely re-arranged their sto se," with display window and fixture han of ings, alterations are being made on han Woolery building for a new barb feshop that is soon to be opened card Verne Waltess, also the Ryder har disware building is undergoing some De modeling activities. De New Garage Opened W liott business enterprise ighin Glendale on erts, Anderson the launched when A new Messrs. Monday and shop Cur la opened up a garage and repair


Article from Arizona Republican, January 14, 1921

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APPOINTS RECEIVER FOR GLENDALE BANK W. C. Foster of the Phoenix Savings Bank and Trust company yesterday was appointed receiver of the Glendale State bank by Judge Lyman, after a hearing on a motion made by W. J. Galbraith, attorney general, asking for the order. The bond for the receivership was placed at $50,000. An order was also entered by Judge Lyman restraining the officers and directors of the bank or their agents from conducting the business of the bank until further orders from the court, and the superintendent of state banks was ordered to surrender the property of the bank to the receiver.


Article from Tombstone Epitaph, January 23, 1921

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APPOINTS RECEIVER FOR GLENDALE BANK PHOENIX. Jan. 16.-W. C. Foster, of the Phoenix Savings Bank and Trust company yesterday was anpointed receiver of the Glendale State bank by Judge Lyman, after a hearing on a motion made by W. J. Galbraith, attorney general, asking for the order. The bond for the receivership was placed at $50,000. An order was also entered by Judge Lyman restraining the officers and directors of the bank or their agents from conducting the business of the bank until further orders from the court, and the superintendent of state banks was ordered to surrender the property of the bank to the receiver.


Article from Arizona Republican, February 27, 1921

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1 AUCTIONS personal property, commencing at 1 o'clock: 6 head of good work horses. 2 Holstein cows. 2 Moline tractors, two row cultivators. 2 Moline tractors, two gang plows. 1 Moline 8 ft. cut binder. 1 Moline mowing machine. 1 Moline wagon. 1 two horse 1 row cultivator. 1 go-devil. 1 drag harrow. 1 four horse Fresno scraper. 1 ccrrugated roller. 1 border disk. 1 steel V. Many other articles too numerous to mention. Remember date and place. Two miles south of Glendale. Sale starts at onethirty, Feb. 28th. Terms: Sums of $100, and under cash, over that amount twelve months time will be given purchaser giving approved 10 per cent note or 5 per cent off for cash. W. C. FOSTER W. C. FOSTER, RECEIVER FOR GLENDALE STATE BANK C. O. McMURTRY, AUCTIONEER 105 MONTHON BLDG., PHONE 1310 L. G. GALLAND, CLERK dp


Article from Arizona Republican, April 20, 1921

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EXCHANGE BANK OF PEORIA WILL REOPENTODAY Institution Resumes Business Just One Month After Suspension Stronger In Every Way It is Declared The Exchange bank of Peoria which voluntarily closed its doors on March 23 will reopen again this morning for business. Just one month from the day the bank decided to suspend business, it resumes banking stronger in every way than it has been for many months. The reopening of the bank is the cause of general rejoicing among the residents of Peoria who almost to an individual have stood by the institution, confident in their regard for the business ability of the officials and their belief that the bank soon would resume. Practically the same plan employed by the Citizens state bank of Phoenix in reopening that institution was used by the patrons and officials of the Peoria bank. it was onnounced by Charles W. Fairfield, superintendent C1 state banks. Practically 95 per cent of the depositors have signed an agreement to allow their deposits to remain in the bank for one year or more. They have co-operated with the state bank superintendent in every way tending toward the resumption of business which was predicted by Mr. Fairfield shortly after he examined the affairs of the institution following its closing. Steady withdrawal of deposits of the Exchange Bank of Peoria started when the Glendale bank closed its doors. It had a branch in Peoria and there was considerable uneasiness occasioned in that town. The failure of the Central bank in Phoenix to open about a month ago added to the financial difficulties as it was a correspondent of the Peoria institution. are bright now and the But bank the resumes skies business stronger than ever. The reserve, which had been run down, has been made good by Peoria people, and under the plan of reopening, the surplus is to be increased $10,000 within the next 60 days. The deposits of the bank at the time of closing was $142,000. The capital stock is $25,000. The officers of the bank are Charles F. Dalton, president; J. M. Hall, vice president; P. Latham, vice president: and L. A. Bechtol, cashier. The bank was organized in 1917. "Everyone has stuck by us." declared Charles F. Dalton. president of the Exchange Bank of Peoria, over the telephone last night. "There has not been a knocker. We believe we are stronger than when the bank was closed." This is the second bank in the valvey to be reopened within a short time through the combined efforts of the bank officials, the state bank superintendent and the depositors. The Citizens State Bank of Phoenix, which failed to open at the same time a month ago, was reopened a few days ago. Recently the state effected a consolidation of the Security Bank and Trust Company of Tucson and the Tucson National bank.


Article from Arizona Republican, April 21, 1921

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DECISION MONDAY IN GLENDALE BANK SUIT JUII A decision will be handed down on Monday by Judge Lyman in the suit of the Phoenix National Bank against the Glendale State Bank and W. C. Foster, receiver, as to whether the claim of the Phoenix National Bank for $6,902.72 shall be paid from the assets of the Glendale State Bank in preference to the claims of other creditors. The hearing on the suit was held yesterday afternoon. The Phoenix National Bank alleges that prior to December 9, 1920, it sent notes and items for collection to the Glendale bank. The items with one exception were collected, the Phoenix bank alleges, and two drafts, one for


Article from Tombstone Epitaph, April 24, 1921

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DECISION MONDAY IN GLENDALE BANK SUIT PHOENIG, April 21.-A decision will be handed down on Monday by Judge Lyman in the suit of the Phoenix National Bank against the Glendale State Bank and W. C. Foster. receiver. as to whether the claim of the Phoenix National Bank for $6.902.72 shall be paid from the assets of the Glendale State Bank in preference to the claims of other creditors. The hearing on the suit was held yesterday afternoon. The Phoenix National Bank alleges that prior to December 9. 1290. it sent notes and items for collection to the Glendale bank The items with one exception were collected. the Phoenix bank alleges, and two drafts, one for $5,170.19 and the other for $1.732.53. both drawn on the Commercial Na. tional Bank under date of December 10, were returned by the Glendale bank. Payment of the grafts was refused, it is alleged, and they were returned marked "Not sufficient funds. The Phoenix National Bank asks that its claim for the drafts be declared a trust fund.


Article from Arizona Republican, May 19, 1921

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MANAGEMENT OF BANK IS SCORED BY THE RECEIVER Case Of The Glendale State Bank Warrants Calling Of Grand Jury, Attorney For The Receiver Says Indiscriminate loans, with little or no security, were largely responsible for the failure of the Glendale State bank, according to the first report of W. C. Foster, receiver, which was filed and recorded today. Apprised of the nature of the report, County Attorney Shepherd said that he would begin an immed'ate investigation into the management of the bank with a view to prosecuting if infractions of the law are found to have occurred. The Glendale State bank closed its doors Dec. 11 and W. C. Foster was appointed receiver Jan. 13. His report indicates that unsecured depositors will ultimately get about 25 received. Phoenix residents contributed 632 of this number, the remaining 233 coming from outside cities. The number of slogan and design entries from each city follows: From Phoenix 771 Phoenix, 632 slogans, 139 designs; Glendale, 10 slogans, 2 designs; Chandler. 15 slogans, 1 design; Payson, 5 slogans; Mesa, 53 slogans, 1 design; Tempe 18 slogans, 1 design; Tucson, 15 slogans, 2 designs; Florence. 10 slogans; Flagstaff, 12 slogans; Prescott, 2 slogans, 1 design; Ajo, 1 slogan; Casa Grande, 19 slogans, 1 design; Magma, 1 slogan and 1 design; Sacaton, 5 slogans; Peoria, 1 slogan and 4 designs; Gilbert 1 e slogan; Jerome, 1 slogan and 1 de-


Article from Arizona Republican, May 19, 1921

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but a slight chance of recovering even a small equity from the sale of the cotton, the report states. It adds that a number of tenant farmers obtained large sums in this manner and some obtained funds merely on the security of the lease of the land they had rented. James R. Moore, attorney for the receiver of the Glendale State bank. said he considered the case of such a nature as to warrant the calling of a special grand jury to make an investigation,


Article from Arizona Republican, June 7, 1921

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GLENDALE BUNGALOW IS DESTROYED BY FIRE Fire which was discovered at 11:40 clock last night destroyed the Walter Lewis house on lateral 18 in the northern part of Glendale. Available reports estimated the loss at $7,500. Nearby residences were threatened by the blaze, as there was a brisk wind. The house, of the bungalow type, was one of the attractive homes of Glendale. It was sold not long ago to Mr. Lewis by L. S. Myers, president of the Glendale State Bank. now in the hands of a receiver. Since then it had been leased by A. B. England. who yesterday moved his household furnishings into storage preparatory to leaving for the coast. The origin of the fire is unknown.


Article from Arizona Republican, June 11, 1921

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stice Nat T. McKee for arraignment. The preliminary hearing of the case was set for 10 o'clock Tuesday morning, June 21. Myers was released under a bond of $1,000 which he gave. Power Conway and C. O. Bainbridge signed the bond as sureties. The complaint was made by W.L. Abbott, a rancher living near Glendale, who charges that Myers drew a note for $534.92 on Feb. 26, 1919, payable to the Glandale State bank, to which Abbott alteges Myers had forged his name. Abbott alleges the instrument is counterfeit and was uttered by Myers with the intent to defraud him. Myers, following his arrest yesterday afternoon, said the charges against him were false. He said the note was given to the bank by Abbott to cover an overdraft after the bank had considered the proposition and agreed to take the note. The complaint was filed by R. E. L. Shepherd, county attorney, following an investigation of the affairs of the bank covering a period of ten days. More complaints will be isgued, Attorney Shepherd stated yesterday. The bank suspended business some weeks ago and has been in the hands of a receiver. The first report of the receiver was filed several days ago.


Article from Arizona Republican, July 7, 1921

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URGE DEPOSITORS OF GLENDALE BANK TO SIGN FOR PLAN Plans for the reopening of the Glendale State Bank, which voluntarily suspended business some months ago, were taken up last night at a meeting of the depositors' committee and a large number of depositors at the Glendale grammar school building. Several talks were made, with many suggestions, W. J. Galbraith, attorney general, and C. W. Fairfield, state superintendent of banks. were present and assured the depositors they would do everything possible to assist the plan. It is understood enough capital is in sight to reopen the bank if the depositors will give the necessary assistance and co-operation. The first step of the present plan is to get all the depositors to sign the agreement under which it is hoped to reopen the bank, and for this purpose the committee has had cards printed. These will be placed in Glendale business places for depositors to sign, and will be found today at the Glendale State Bank, Goodwin-Carriger Mercantile company store, Arizona Republican branch office and the Peoria and Glendale gins of the Mc Call Cotton company. The depositors' committee consists of J. G. Hammels, J. F. Lewis, J. W. Carriger. W. J. Osborn and W. H. Clark. W. J. Osborn and C. A. Robinson of Peoria were appointed to assist in getting the depositors in Peoria signed up, while the committee in Glendale is composed of T. I. Paul, J. V. Harrison, W. R. Hiett, G. McAbee and Porter Hendricks. Lafeyette Myers, who has worked incessantly since the closing of the bank, was present and assured all that he will do all in his power to make the bank pay out.


Article from Arizona Republican, February 4, 1922

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GLENDALE STATE BANK PAYS PART OF DEPOSITS DUE GLENDALE, Feb. 3.-The Glendale that closed more today than State a bank, year ago, its paid doors 10 in per the the that were time of the in this cent checks bank of at being the deposits morning's closing, the mail. bank the Many of the depositors of thought that possibly nothing would ever be paid and sold their claims to individuals, for as low as the present payment. It is thought at this time that in the future that more payments will be made, some stating/as high as 25 per cent will be realized. Sees Deer Eddie Bates, stage driver on the Glendale-Phoenix stage, stated that while coming to Glendale on his first morning. he was to see a down much trip buck Wednesday deer surprised coming full lateral animal grown 18 on a high run. As the neared the stage it became terribly frightened and made an effort to get through a a netting away fence by was going high fence. fence The and enheld tight, the deer becoming tangled in it. At the time there were two passengers on the stage and the car was stopped and all three made an effort to capture the deer, however the animal finally became freed and made its get-away and went south towards the Cartwright district. Body Brought In body of a man named Martin into at a night and was was hour The brought Thursday Glendale of placed A. late L. at undertaking parlors Son. The in the body brought Moore the & stated party Jeff that Mar- who the was a brother of operates a store Jeff Martin is dead tin, who man expected at Canon in to make for was the today burial. City. It arrangements reported that dead man was killed by a dynamite explosion. Displays Egg A very peculiarly shaped egg is now on display at the Paul Realty company, it being the shape of a bean. The specimen was brought in by G. W. Sandford. Free Givers Mr. and Mrs. George Cox of the Rainbow theater, displayed one of the best traits of humanity-that of being cheerful givers. Out of a clear sky they gave an entertainment at the theater this week using local talent, in order to cut the expense of the entertainment and after paying all expenses for the show, they gave to the library committee for the purchase of new books a sum totaling $68.77. Mrs. Cox especially is worthy of high praise for her untiring efforts in arranging the program and secur. of talent in in town abounds. entire evening ing which the the best Glendale She kept plan- exa minimum so ned penses the at and turn that over she a would be enabled to large sum. The people who took part in the are to be congratulated on in which and in the manner parts program the fine way they did they their cooperated. The following is a copy of a letter Mrs. Cox sent to the library committee accompanying the money: "Members of the Library Board: "Mr. Cox and I. together with all of the girls and the members of the orchestra take a lot of pleasure in contributing the enclosed money for the purchase of new books for the library and sincerely hope that these books will bring as much pleasure to others as we have enjoyed in presenting our little show. Our only regret is that the amount is not twice as large.' American Legion The local post of the American Legion met last night at the Woman's club house and it was one of the The best meetings of the year. following is the executive committee elected last night: Russell Jones. Dr. Franklin and J. F. Carrigan from Glendale, and O. V. Andrews and John Forney from Peoria. The chairman of the membership committee is Tom Moss; chairman of publicity committee, Glenn Merryfield: chairof the social committee, A. M. next regular Sheets. man The February meeting of the post will be held 16.


Article from Arizona Republican, March 31, 1922

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It Is Understood It is understood on good authority that Joseph Hansen. local attorney, has been appointed receiver for the Glendale State Bank. Mr. Hansen takes charge immediately. W. C. Foster, former receiver, having resigned. No further details could be learned at this time.


Article from Tombstone Epitaph, December 17, 1922

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DEFUNCT GLENDALE BANK DEPOSITORS GET PART PAYMENT GLENDALE, Dec. 16.-The many depositors of the insolvent Glendale State Bank will be glad to learn that a dividend is to be paid them at once. According to Joseph Hanson, receiver of the bank, dividend number 2 will be in the mails sometime today and the depositors will receive their Checks in due time. This dividend covers 10 per cent, and is for the common creditors of the bank.


Article from The Arizona Republic, July 21, 1925

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To Mail Checks The office of Joseph Hansen, local attorney and receiver for the defunct Glendale State bank, is busily engaged in preparing checks to be mailed out the middle of the week with the fifth dividend of 3.1 per cent. Mr. Hansen stated today that this will be the last dividend to be realized from the bank and as soon as possible its affairs will be closed.