10022. Bank of Zumbrota (Zumbrota, MN)

Bank Information

Episode Type: Suspension → Reopening
Bank Type: state
Start Date: May 17, 1893
Location: Zumbrota, Minnesota (44.294, -92.669)

Metadata

Model: gpt-5-mini
Short Digest: 52832cbe

Response Measures

None

Description

The bank suspended payment May 17, 1893 and was reopened after ten days (May 28, 1893) with increased capital. Contemporary reports attribute the suspension to heavy holdings of bad paper; later (Feb 1894) a receiver (Scofield) was appointed after insolvency tied to Northwest Guaranty Loan Company losses. No explicit contemporaneous run is reported in the articles, so classification focuses on the immediate 1893 suspension and reopening. Bank type not specified in articles.

Events (3)

1. May 17, 1893 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Held heavy amount of questionable paper/loans (about $80,000) that made payments unsustainable despite $30,000 cash on hand.
Newspaper Excerpt: The Bank of Zumbrota, Goodhue county, has suspended payment. It had $30,000 in cash on hand at the time of its suspension, but its load of $80,000 in paper was too heavy.
Source: newspapers

2. May 28, 1893 Reopening

Newspaper Excerpt: After the suspension of ten days the Bank of Zumbrota was opened for business with double the amount of stock carried before.
Source: newspapers

3. February 8, 1894 Receivership

Newspaper Excerpt: Receiver Scofield, of the insolvent Bank of Zumbrota, has filed the following statement of the assets and liabilities of the bank: ... It went down because of its faith in that gigantic Minneapolis swindle, the Northwest Guaranty Loan company.
Source: newspapers

Newspaper Articles (16)

1. May 18, 1893 Santa Fe Daily New Mexican Santa Fe., Santa Fe, NM

Article from Santa Fe Daily New Mexican, May 18, 1893

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More Go Down. LONDON, May 18.-Advices from Australia show that the financial crisis is still acute. A dispatch announces that the Royal bank of Queensland, limited, has saspended. Minneapolis.-A good deal of surprise was manifested yesterday when the Citizens' bank suspended payment. A notice on the door says depositors would be paid in full. A Red Wing, Minn., special to the Journal says that the Bank of Zumbrota, Goodhue county, has suspended payment. It had $30,000 in cash on hand at the time of its suspension, but its load of $80,000 in paper was to heavy. Its capital stock is $25,000.

2. May 18, 1893 St. Paul Daily Globe Saint Paul, MN

Article from St. Paul Daily Globe, May 18, 1893

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May Be Paid in Full. RED WING, May 17.-The Bank of Zumbrota, the suspension of which OCcurred yesterday, holds $80,000 in paper, hnd had $30,000 in cash on hand when it suspended, and there is a possibility that the depositors will be paid in full. Fortunately, no other banks are involved. Hon. S. B. Barteau Sr. is president and Hon. E. V. Canfield cashier.

3. May 18, 1893 The Indianapolis Journal Indianapolis, IN

Article from The Indianapolis Journal, May 18, 1893

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Knight & Jillson, 75 and 77 R PENNSYLVAN LA 87 ities of over $13,500,000. The company has LO bonded debt. NEW YORK, May 16.-Erastus Wiman has made a general assignment to lawyer David Bennett King. The assignment was signed by Mr. Wiman and assignee King at Mr. King's office. NEW YORK, May 17.-An attachment for $95,000. against the West Superior Iron and Steel Company, in favor of the Atlantic Trust Company. has been granted by Judge Andrews. ZUMBROTA, Minn., May 17.-The Bank of Zumbrota has suspended payment. De positors, it is said, will be paid in full. GARRETTSVILLE, O., May 17.-The firm of Crane Bros., dealers in dry goods and general merchandise, failed for $28,000.

4. May 18, 1893 Fort Worth Gazette Fort Worth, TX

Article from Fort Worth Gazette, May 18, 1893

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AMINNESOTA BANK Redwing, Miun. May 17.-The bank of Zumbrota, Goodhur county, suspended. It had $30,000 cash on hand at the time of suspense 0. but $80,000 in paper that was too heavy. The capital is $25.000. Depositors will be paid in full, it is claimed.

5. May 20, 1893 Baxter Springs News Baxter Springs, KS

Article from Baxter Springs News, May 20, 1893

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THE LATEST. THE 17th was Norwegian day at the world's fair. The Minnesota building was dedicated the same day. THE president has appointed Robert T. Hough. of Ohio, to be solicitor of internal revenue and John Daggett. of California. to be superintendent of the mint at San Francisco. THE National Cordage Co. claims to have many millions of assets over liabilities. A CALL for $2,500,000 more gold has been made for export to Europe. THE South Carolina liquor law has been sustained by the state supreme court. THE Citizens' bank of Minneapolis, Minn., has suspended. JUDGE H. D. TWIGGS, of Augusta, Ga., who recently secured a divorce at Sioux Falls, S. D., was married at the Stanton, house, Chattanooga, Tenn., to Mrs. Cornelia A. Harrison. a charming young widow of Charleston. S.C. THE report of the piano committee calling for the resignation of Director of Music Theodore Thomas, was adopted by the world's fair national commission by 38 to 20. A COMPROMISE has been effected between the imprisoned St. Clair county, Mo., judges and the bondholders at 50 cents on the dollar at 4 per cent. interest. This makes the debt $400,000 with $16,000 annual interest. CONGRESSMAN WILSON, of West Virginia, who is to be chairman of the committee on ways and means, is busily engaged in framing a new tariff bill. THE Bank of Zumbrota at Zumbrota, Minn., has suspended payment. It had $30,000 in cash on hand at the time of suspension, but its load of $80,000 in paper was too heavy. THE contract for the sale of the Cherokee strip was signed at Washington on the 17th. THE president was not satisfied with the findings of the court martial on Capt. W. A. S. Johnson at Fort Leavenworth. Johnson was charged with not paying his debts. IN the Bohemian diet there was a col. lission between the Germans and Czechs which ended in a scene of riot and disorder. THE most important happenings in Honolulu, recently is the appointment of Thurston to succeed J. Mott Smith as minister to Washington. THE schooner Pelican was capsized in Lake Erie. off Ashtabula, O., and three men were drowned. By the capsizing of a tug and dredge boat on Lake Conneaut, O., five persons were drowned.

6. May 22, 1893 The Madison Daily Leader Madison, SD

Article from The Madison Daily Leader, May 22, 1893

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Farmers as Bankers. KENYON. Minn., May 22.-The farmers of the town of Wanamingo. who organized under the name of the First State bank of Zumbrota, met with the directors of the Bank of Zumbrota, suspended, with a view of buying the building. The result is unknown.

7. May 25, 1893 The State Republican Jefferson City, MO

Article from The State Republican, May 25, 1893

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WEST AND SOUTH. IN Chicot county, Ark., 100 feet of levee near Grand Lake collapsed, flooding many plantations and causing immense loss. AT Conneaut, O., the tug Continental and scow were washed out into the lake and foundered and seven men and two women who were on board were drowned. NEGROES lynched Will Neal (colored) near Williamsville, Miss., for assaulting the 6-year-old daughter of Jackson Conly, also colored. WHILEON his way from Smyrna, Mich., to Bowling Green, O., Charles R. Griner, a timber buyer, was waylaid and robbed of $1,200. THE Charles Pope Glucose company's factory at Geneva, Ill., blew up, wrecking the building and killing seven workmen and terribly injuring four other men. The property loss was $150,000. JOHN JOHNSON. Albert Currier, Nicho las Servas and Chester Simons, mem bers of the life-saving crew at Cleveland O., were drowned by the capsizing of their boat while attempting to rescue two drowning men. AT Keytesville, Mo., William Morris shot his wife and then took his own life. Jealously was the cause. THE doors of the Citizens' bank of Minneapolis, with a capital of $250,000, were closed, and the Bank of Zumbrota, at Zumbrota, Minn., suspended payment. CHIEFS of police of many cities met in Chicago and organized a national union with W. S. Seavey, of Omaha, as president. THE wife of Michael Bierge, a wealthy farmer residing near Barnard, Mo., suddenly became insane and killed her 5months-old bab and cut her own throat, dying instantly. THE will of Bishop Ames, of the Methodist church, after standing fourteen years was broken at Baltimore, and the estate, valued at between $150,000 and $200,000, will now be divided according to law. REPRESENTATIVE negroes of South Carolina met in Columbia and adopted resolutions in which lynching was condemned and an appeal made to the humane people of the state to aid them in suppressing any attempt to violate the law by lynching. THE Brunswick national bank and Oglethorpe national bank, by be my Brunswick, Ga., suspended, and Mounman, president of the Oglethorpe, committed suicide. FLAMES of an incendiary origin swept away seventeen business houses and residences at Montfort, Wis. Loss, $100,000. THE doors of the Evanston (III.) na tional bank, with a capital of $100,000, were closed. FIRE in the building occupied by the Dr. Price Baking Powder company in Chicago caused a damage of $115,000. THE King Iron Bridge company's works at Cleveland, O., were damaged to the extent of $150,000 by fire. IN the jail yard at Lake Charles, La., Lewis Taylor (colored) was hanged for assaulting a negro woman some months ago.

8. May 25, 1893 The Worthington Advance Worthington, MN

Article from The Worthington Advance, May 25, 1893

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THE doors of the Citizens' bank of Minneapolis, with a capital of $250,000, were closed, and the Bank of Zumbrota, at Zumbrota, Minn., suspended payment. CHIEFS of police of many cities met in Chicago and organized a national union with W. S. Seavey, of Omaha, as president. THE wife of Michael Bierge, a wealthy farmer residing near Barnard, Mo., suddenly became insane and killed her 5months-old babe and cut her own throat, dying instantly. THE will of Bishop Ames, of the Methodist church, after standing fourteen years was broken at Baltimore, and the estate, valued at between $150,000 and $200,000, will now be divided according to law. REPRESENTATIVE negroes of South Carolina met in Columbia and adopted resolutions in which lynching was condemned and an appeal made to the humane people of the state to aid them in suppressing any attempt to violate the law by lynching. THE Brunswick national bank and Oglethorpe national bank, both of Brunswick, Ga., suspended, and M. Ullman, president of the Oglethorpe, committed suicide. FLAMES of an incendiary origin swept away seventeen business houses and residences at Montfort, Wis. Loss, $100,000. THE doors of the Evanston (III.) national bank, with a capital of $100,000, were closed. FIRE in the building occupied by the Dr. Price Baking Powder company in Chicago caused a damage of $115,000. THE King Iron Bridge company's works at Cleveland, O., were damaged to the extent of $150,000 by fire. IN the jail yard at Lake Charles, La., Lewis Taylor (colored) was hanged for assaulting a negro woman some months ago. FREDERICK C. SCHENCK, for seventeen years consul to Barcelona, Spain, beginning in Hayes' administration, died at Lafayette, Ind., aged 53 years. THE death of James E. Murdoch, the famous tragedian, aged 83 years, occurred at his suburban home near Cincinnati of various ailments combined with old age. IN session in St. Paul the international convention of press clubs elected John A. Cockerell, of New York, as president. It was decided to establish a home for aged and infirm journalists. AT Bellaire, o., Ethelinda Mayhue has brought suit for divorce against Oliver Mayhue, a grocer. They were married April 20, 1854, and have fourteen children. Cruelty was the charge. THE directory of the world's fair adopted a rule that for the future all children under 12 and over 6 years of age will be admitted to the fair for twenty-five cents. IN the southeastern Kansas coal fields 5,000 miners struck for higher wages. FIRE suffocated twenty-five horses belonging to the People's Outfitting company in Chicago.

9. May 25, 1893 Warren Sheaf Warren, MN

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THE doors of the Citizens' bank of Minneapolis, with a capital of $250,000, were closed, and the Bank of Zumbrota, at Zumbrota, Minn., suspended payment. CHIEFS of police of many cities met in Chicago and organized a national union with W. S. Seavey, of Omaha, as president. THE wife of Michael Bierge, a wealthy farmer residing near Barnard, Mo., suddenly became insane and killed her 5months-old babe and cut her own throat, dying instantly. THE will of Bishop Ames, of the Methodist church, after standing fourteen years was broken at Baltimore, and the estate, valued at between $150,000 and $200,000, will now be divided according to law. REPRESENTATIVE negroes of South Carolina met in Columbia and adopted resolutions in which lynching was condemned and an appeal made to the humane people of the state to aid them in suppressing any attempt to violate the law by lynching. THE Brunswick national bank and Oglethorpe national bank, both of Brunswick, Ga., suspended, and M. Ullman, president of the Oglethorpe, committed suicide. FLAMES of an incendiary origin swept away seventeen business houses and residences at Montfort, Wis. Loss, $100,000. THE doors of the Evanston (III.)/national bank, with a capital of $100,000, were closed. FIRE in the building occupied by the Dr. Price Baking Powder company in Chicago caused a damage of $115,000. THE King Iron Bridge company's works at Cleveland, o., were damaged to the extent of $150,000 by fire. IN the jail yard at Lake Charles, La., Lewis Taylor (colored) was hanged for assaulting a negro woman some months ago. FREDERICK C. SCHENCK, for seventeen years consul to Barcelona, Spain, beginning in Hayes' administration, died at Lafayette, Ind., aged 53 years. THE death of James E. Murdoch, the famous tragedian, aged 83 years, occurred at his suburban home near Cincinnati of various ailments combined with old age. IN session in St. Paul the international convention of press clubs elected John A. Cockerell, of New York, as president. It was decided to establish a home for aged and infirm journalists. AT Bellaire, O., Ethelinda Mayhue has brought suit for divorce against Oliver Mayhue, a grocer. They were married April 20, 1854, and have fourteen children. Cruelty was the charge. THE directory of the world's fair adopted a rule that for the future all children under 12 and over 6 years of age will be admitted to the fair for twenty-five cents. IN the southeastern Kansas coal fields 5,000 miners struck for higher wages. FIRE suffocated twenty-five horses belonging to the People's Outfitting company in Chicago.

10. May 25, 1893 Warren Sheaf Warren, MN

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Hathaway, was in the penitentiary by the Washington county courts. During the recent run on the Farmers & Mechanics bank in Minneapolis, an excited individual ran up to the head of the line and offered the second man $40 for his place. It was accepted and the money paid. The man who gave up his place had only $26 in the bank and the institution had plenty of funds to meet all claims. Holeombe, a boy 18 years old and of C. P. Alfred a nephew Holcombe, accidentally clerk of court, was killed near shot the and supreme Scandia. several Holcombe was hunting with comand the gun was lifted out of panions while being the discharged boat. No blame is attached to anyone. Martin Johnson, of Urness, was found the streets of dead on Alexandria. consumption He had been suffering from and in to consult and wandered away. came afterward his physician He was taken with a hemorrhage from the lungs and died alone. Hans A. Bleath, of Minneapolis, was sent to the state's prison by the St. Paul courts for one year for forgery. Fire caused a loss of $15,000 to the cigar stock of Kuhles & Stock, St. Paul. Gov. Nelson has appointed ex-Gov. Merriam as a delegate from Minnesota to the world's congress of bankers and financiers, which will be in session at Chicago from June 19 to 25. Little Falls is to have a box factory employing 200 men. The Bank of Zumbrota has closed its doors. The bank held Guaranty and Loan association paper amounting to $80,000. Warden Wolfer, when seen relative to discrimination in rates on binding twine from New York to Duluth and from New York to Minneapolis, said it would have a tendency to operate in favor of prison twine because of the advance in price. "While the price, 24 cents per hundred, is not high," said the "I can see no justice in high made to warden, additional charge from hemp Duluth from Minneapolis. Rates on Kentucky are 47 cents per hundred." The body of an unknown man was found by Ed Stevens at his farm, five miles below St. Cloud, in the Mississippi. The body is that of a short man, feet 3 inches in height. He had on working pants, a coarse shirt and a light undershirt. He was of dark complexion. The body was in the water so long that the hair had fallen off. He had two bottles of alcohol, one being partly empty. Albert Watts, of Albert Lea, has been indicted by the grand jury for assaulting Winnie Cutter, a 14-year-old girl. The planing mill of the Nickerson Lumber Co. at Monticello was destroyed by fire. Loss, $5,000. The body of an unknown man was found floating in the Mississippi four miles above Clearwater. It is supposed that the body is that of a man drowned at Little Falls a short time ago. Nels Olson, wife and 4-year-old child were going home from Buffalo when the team ran away, tipping the buggy over. Olson received serious injury to his back and spine, which paralyzed he not recover. him. child was and dragged may several the lines rods and by The becoming entangled in was fearfully cut about the face and head and may die. Mrs. Olson escaped without much injury. Attorney General Child's holds the opinion that the state could not pay the expenses of delegates to the anti-coal combine convention at Chicago, for the that all appropriations must be made law and every begin reason by enacting clause, law while must this with an appropriation was made by a joint resolution. A new bank has been opened at Boyd. It is run under the name of Iverson & Hobe, The Lamberton Leader will be discontinued and the plant moved to Win nebago City, where the editor, W, Smith will establish a new paper.

11. May 31, 1893 Morris Tribune Morris, MN

Article from Morris Tribune, May 31, 1893

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MINNESOTA NEWS. A survey of Faribault is being made for a system of sewerage. The Milwaukee road has abandoned its Twin City short line trains. Charles Parker, of St. Paul, paid $100 fine for violating the lottery law. Schools at Deer Creek have been closed on account of scarlet fever. The German American bank is being organized at Wells. Capital $25,000. A new postoffice has been established at Biwabik, with Chester Milburn postmaster. The next congress of the Daughters of the Revolution will be held in St. Paul in June, Joseph C. Mold of Faribault has been appointed game warden for Southern Minnesota. St. Paul swindlers have defrauded country banks out of about $1,000 by means of bogus drafts. The Garfield Farmers' Elevator company of Fortile has incorporated. The capital stock is $10,000. The senatorial pine land investigating committee met at the capitol Thursday, but nothing was done. W. W. Saterlee, thenoted prohibition worker of Minueapolis and once a candidate for governor, is dead. At Cloquet Susan Peyhtovi committed suicide, cutting her throat. She leaves a husband and two sons, Minnesota will have a national bank examiner of its own shortly. The state is now in a district with Wisconsin. Robert Bissell, head bookkeeper for the Cargill Elevator company, committed suicide at Minneapolis last week. of which susa over a week has pended The bank little Zumbrota, ago, resumed business with increased capital. Frank Fowler, an engineer, was killed near Kasota, while trying to jump from a gravel train on the Omaha road. At Cannon Falls burglars broke into F. R. Anderson's office, cracked the safe and got 30 cents in cash and $380 in notes. The former residence of Hon. Michael Doran at Sueur, was sold at auction Saturday. It cost $20,000 and brought $2,500. St. Paul police, in following up a false clew to the missing Mamie Schwartz, found a boy who had been missing. St. Louis county has voted $250,000 bonds in aid of the Duluth, Mesaba and Northern. Stock at par will be given in exchange. There will be no term of the United court at Winona in June States owing to the whole of the appropriation being expended. Several Winona wheelmen are planthe national and meet to be held at national ning to attend Chicago, interAug. to 12. A state teachers' training school will be held at Hastings for four weeks, beginning July 19, for the counties of Ramsey, Dakota and Washington. The state auditor conducted a state land sale in Moorhead on Friday. It was a success. 210 and the were far disposed from of Only average acres amount realized did not exceed $7 an acre. Secretary Smith has promised a numin a very short and among are a successor to Minnesota ber of them important appointments time, Monroe in at at in ton Nichols and perhaps Duluth, aeregister changes Crooks- several other land offices. The Duluth chamber of commerce, after hearing from the investigating committee, adopted a resolution that it to vote for the company's is $600,000 sota not Canal advisable of proposition Minne- for county bonds as a bonus, is company was urged to because The until the proposition tooindefinite, withdraw it a more satisfactory proposition can be made. Secretary Hart of the state board of and has some from Iowa with the of Minnesota. corrections interesting statistics parallels charities, which received state show Iowa has in the 414; in state has in Minnesota 2,256; in jails, poorhouses, poorhouses, prison, 300; 623. in state prison, 458. same for ratio but jails, Iowa is 272; about in has the prisoners, The nearly three times as as from many E. A A. telegram Bade, paupers Minnesota, Spokane says that formerly of Minnesota parents somewhere murdered at state, whose has been reside Wardner, in that and Idaho. Bade had a placer's claim owned in company with three others. The claim panned out well and the partners had quite a sum in dust. were constant dread of robbed and men claim attacked would and in be gold feared being their The jumped, so divided two shifts for Bade was of themselves his the property. into suspicious they watching and after he would stationed shift movements partners thought He coming watch himself off their be- the hind a clump of trees near the presence was with a bullet head, but fell his dead detected, through and claim, his he It is not known whether he was mistaken for a robber or killed inten. tionally Canacity Increased

12. June 1, 1893 The Princeton Union Princeton, MN

Article from The Princeton Union, June 1, 1893

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Sunday, May 28. After the suspension of ten days the Bank of Zumbrota was opened for business with double the amount of stock carried before. A. Gibson, a prominent stockman of Randall Station, was seriously injured by a vicious horse. He lost $8,000 last week, his building and stock being burned by a forest fire. The graveyard desecrator has been heard from again. This time he has been at work in New Munich, a small village of Stearns county, twenty-five miles west of St. Cloud. The celebrated case of the State vs. Joe Sheehy, proprietor of the Boston Grand theater at Grand Rapids with their forty-five indictments for selling liquor without a license, is ended by jury verdict of not guilty. Sheey paid for a license, but was given no credit for it. The jury in the case of Hans A. Jensen vs. The Chicago, Milwaukee & St. Paul Railway at Albert Lea, after being out all night, failed to agree, and were discharged this morning. This case has excited much interest, being for $20,000 damages for personal injuries. Daniel Gronnestol, Jr., seventeen years of age, of Chippewa Falls township, near Glenwood, was accidentally shot and killed Wednesday afternoon on the farm of Gulik Larson. Several boys were fooling with a gun and didn't know it was loaded. Last night the ten-year-old son of John McFeters of Anoka was trying to explode a twelve-gauge , shot gun cartridge, and had his face over a pan containing the explosive. The powder suddenly ignited, burning the little fellow's face in a horrible manner. His sufferings were terrible, but he will not lose his eyesight. Miss Mary McKinney, the new matron appointed by Warden Wolfer, of the state prison, to succeed Mrs. Walker, who resigned as matron of the prison, came to Stillwater to-day from Detroit. She has had considerable experience recently in the Detroit house of correction.

13. February 9, 1894 St. Paul Daily Globe Saint Paul, MN

Article from St. Paul Daily Globe, February 9, 1894

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ZUMBROTA BANK FAILURE. It Was Precipitated by the Guar= anty Loan. Special to the Globe. RED WING, Feb. 8-Receiver Scofield, oi the insolvent Bank of Zumbrota, has filed the following statement of the assets and liabilities of the bank: Assets-

14. February 10, 1894 The Portland Daily Press Portland, ME

Article from The Portland Daily Press, February 10, 1894

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It Had Faith in a Swindle. Zumbrota, Minn., February 9.-The report of Receiver Schofield upon the condition of the bank of Zumbrota shows that it went down because of its faith in that gigantic Minneapolis swindle, the Northwest Guaranty Loan company. Of its $142,000 assets, over $44,000 in notes and bonds were given by the Minneapolis concern, the value of which is almost nothing. The bank owes $90,000 and stockholders must go into their pockets for nearly all this amount.

15. February 15, 1894 St. Johnsbury Caledonian Saint Johnsbury, VT

Article from St. Johnsbury Caledonian, February 15, 1894

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THE NORTHWESTERN FAILURE. All the losses in the Northwestern Guaranty Loan Co. are not confined to residents of New England. The report of Receiver Schofield upon the condition ot the bank of Zumbrota, Minn., shows that it went down because of its faith in the gigantic Minneapolis swindle-the Northwest Guaranty Loan Company. Of the $142,000 assets, over $94,000 in notes and bonds were given by the Menage concern, the value of which is almost nothing. The bank owes $90,000, and the stockholders must go into their pockets for nearly all of this amount. When the cases against William S. Streeter came up for trial at Minneapolis, County Attorney Nyemade the statement that Dr. Hall, Mr. Streeter's physician, had reported that he was suffering from acute Bright's disease, and the county attorney had a consultation of physicians, three doctors making the examination. Their report showed that, while they did not fully concur in Dr. Hall's opinion, yet Streeter would not for several months be able to undergo the excitement of a trial. The case was therefore marked for the calendar next term.

16. February 22, 1894 Herald and News Randolph, VT

Article from Herald and News, February 22, 1894

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The Northwestern Failure. All the losses in the Northwestern Guaranty Loan company are not confined to residents of New England. The report of Receiver Schofield upon the condition of the bank of Zumbrota, Minn., shows that it went down because of its faith in the gigantic Minneapolis swindle-the Northwest Guaranty Loan company. Of the $142,000 assetts, over $94,000 in notes and bonds were given by the Menage concern, the value of which is almost nothing. The bank owes $90,000 and the stockholders must go into their pockets for nearly all of this amount. When the cases against William S. Streeter came up for trial at Minneapolis, County Attorney Nye made the statement that Dr. Hall, Mr. Streeter's physician, had reported that he was suffering from acute Bright's disease, and the county attorney had a consaltation of physicians, three doctors making the examination. Their report showed that, while they did not fully concur in Dr. Hall's opinion, yet Streeter would not for several months be able to undergo the excitement of a trial. The case was therefore marked for the calendar next term.