Article Text
Vale Man Is Urged As Bank Receiver VALE, Ore, Dec. 9. (AP) Virtually every business man in Vale has signed a petition requesting that I. W. Hope, president of the Farmers' and Stock Growers' bank of Vale, which closed
Farmers & Stock Growers Bank (Vale, OR)
Episode Information
- Episode UID
96029771536- Episode Type
- Suspension → Closure
- Bank Type
- state
- Bank ID
-
9602977routing - Routing Number
96-0297- Start Date
- December 1, 1927*
- Location
- Vale, Oregon (43.982, -117.238)
Metadata
- Model
- gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
- Short Digest
75697b6982a9f906
Response Measures
None
Description
Bank closed December 1927 and was liquidated under state superintendent; receiver appointed.
Events (4)
1.
December 1, 1927*
Suspension
- Cause
- Bank Specific Adverse Info
- Cause Details
- Bank became insolvent and closed in December 1927; entered state supervision/liquidation.
- Newspaper Excerpt
- Vale bank closed doors on December 1927
- Source
- newspapers
2.
March 14, 1928
Receivership
- Newspaper Excerpt
- Named Bank Receiver- F. Graham has been appointed receiver to take charge of liquidation of the Farmers' and Stock Growers' bank.
- Source
- newspapers
3.
November 9, 1928
Other
- Newspaper Excerpt
- Suit was filed ... against the Farmers' Stockof Vale ... Vale bank closed doors on December 1927 ... the liquidator refused consider the claim the indemnity company prior lien upon the assets, and the suit is now brought to force the ceiver to assets of the institution and satisfy the claim.
- Source
- newspapers
4.
January 3, 1931
Other
- Newspaper Excerpt
- disbursing the final dividend 12.1 per cent on all deposit claims against Farmers Stock Growers bank, insolvent of Vale placed in the mails today by Schramm state superintendent of banks.
- Source
- newspapers
Newspaper Articles (4)
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Article Text
VALE For County Commissioner-J D. Fairman Harper, incumbent, has announced his candidacy to succeed himself in the office of Malheur county commissioner Fairman is a prominent business man and banker of the county To Organize League-On Tuesday night, Walter Keele, manager of the Vale baseball club, will go to Nyssa support the organization of an Idaho-Oregon league, which will probably include the towns of Nyssa, Ontario, Vale, Payette, Wilder and Weiser. Visitor From Gooding-Mrs. William Johnson of Gooding, Ida., has been visiting her parents, Mr. and Mrs. Mueller, this week A number of delightful social affairs have taken place Named Bank Receiver- F. Graham has been appointed receiver to take charge of liquidation of the Farmers' and Stock Growers' bank. The organization of the new bank is still being New Volley Ball Series The Dry division of the fireman volley ball series, under Captain John Barkeley, won the series just closed by one game margin over the Wets, under Chief Hutton. A new series started Monday night under C. B. Woodward and A. Monson, captains. The Vale volley ball artists are
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Article Text
DEFUNCT BANK IS SUED Indemnity Company Seeks to Recover From Receiver at Vale. Suit was filed in the federal district court here yesterday by the Royal company of New York against the Farmers' Stockof Vale and Schramm, banks. Vale bank closed doors on December 1927, and at that time the state of Oregon had on deposit there The bank bonded by the plaintiff company to the amount of $22, 000 and its share liability for the state deposit was $9545. interest of which the state collected from the plaintiff. The liquidator refused consider the claim the indemnity company prior lien upon the assets, and the suit is now brought to force the ceiver to assets of the institution and satisfy the claim.
Article Text
BANK DIVIDEND RECEIVED Checks for 12.1 Per Cent of Claims Against Vale Firm Sent Out. Jan. 3.-(Special. SALEM Or. disbursing the final dividend 12.1 per cent on all deposit claims against Farmers Stock Growers bank, insolvent of Vale placed in the mails today by Schramm state superintendent of banks. The dividend aggregated Two dividends aggregating 40 per cent total pre paid, making return viously of 52.1 per on claims filed 350 depositors Preferred $13.469 also have been approved and paid. The bank was placed in the hands of the superintendent of banks liquidation close of business December