the national currency act was chiefly responsible for establishing a national bank.
who was chiefly responsible for establishing a national bank?
the national currency act
Na
Na
kershaw served as a director of the american aberdeen-angus breeder's association from 1916 through 1920. starting in 1926, and through the great depression he was appointed by the office of the comptroller of the currency, (the occ) the lead regulator for national banks at the time, as the receiver for a number of national and state banks, located in three states. these banks included the security national bank of muskogee, ok; the muskogee national bank, muskogee, ok (these two banks were merged under his receivership to form the muskogee-security national bank); central state bank of muskogee, ok; the guaranty trust company, muskogee, ok; producer's national bank in tulsa, ok, exchange national bank of tulsa, ok, the first national bank of barnsdall, ok; the first national bank of collinsville, ok; the central national bank of bartlesville, ok; the first national bank of oktaha, ok; the commercial national bank of independence, ks; the security national bank of independence, ks (which were merged under his receivership to form the commercial-security national bank); the montgomery county national bank, in cherryvale, ks; the hutching's first national bank of siloam springs, ar and a number of others. at one time, he was receiver for 13 banks during the depression. it is notable that the muskogee-security national bank (formerly known as the iowa building) was the first bank building in muskogee, ok to have an electric elevator in the building and that the exchange national bank was the first bank building in tulsa, ok to have an elevator, and was also the tallest building in tulsa at the time. in 1930, he was appointed as director of the independent petroleum producer's association.
l. r. kershaw