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Rubey National Bank |
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On December 4, 1893, a private bank was organized in Golden known as Woods, Wilson & Rubey, Bankers. Later one of the partners sold his interest to the remaining partners and the firm name was changed to Woods & Rubey, Bankers. In 1902 the business was incorporated under a national charter as the Woods-Rubey National Bank, and in 1916 the name was changed to The Rubey National Bank of Golden when it was purchased by Mr. Harry M. Rubey and associates. In 1924, after the death of Harry Rubey, Jesse W. Rubey had controlling interest in the bank, which he sold to E. A Phinney in 1927. The Rubey National Bank, along with other American banks, closed on March 4, 1933 due to a bank holiday ordered by the President Franklin Roosevelt under the Emergency Banking Act. The Rubey National Bank never reopened. On September 22, 1933, the U.S. Comptroller ordered the assets of the Rubey National Bank liquidated. E.A. Phinney was replaced by John Q. Adams of Denver, who was named receiver of the bank. Phinney had acted as conservator since the bank closure the previous March. Golden managed without a local bank until The First National Bank In Golden opened June 8, 1937 under Federal Bank Charter 14,384, headed by John Q. Adams. It was reported in local newspapers that the new bank would occupy the Rubey Block, the same space the old Rubey National Bank occupied, at 1201 Washington Ave. |
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