10684. State National Bank (St Joseph, MO)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
4228
Charter Number
4228
Start Date
February 16, 1897
Location
St Joseph, Missouri (39.769, -94.847)

Metadata

Model
gpt-5-mini
Short Digest
3b0416a8

Response Measures

None

Description

Multiple newspapers (Feb 16–25, 1897) report the State National Bank of St. Joseph, MO, going into voluntary liquidation (closing). A later 1898 article reports a petition asking for a receiver for the bank which failed over a year ago, consistent with permanent closure. No run is described in the articles; the cause is voluntary liquidation.

Events (7)

1. February 4, 1890 Chartered
Source
historical_nic
2. February 16, 1897 Suspension
Cause
Voluntary Liquidation
Cause Details
Officers decided to go into voluntary liquidation because business had fallen away and it was not profitable to continue with so large a capital; present officers remain to wind up affairs.
Newspaper Excerpt
The State National bank of this city, capitalized at $500,000, will go into voluntary liquidation, the present officers remaining in charge to wind up the bank's affairs.
Source
newspapers
3. February 17, 1897 Other
Newspaper Excerpt
The State National Bank of St. Joseph, Mo., capitalized at half a million dollars, will go into voluntary liquidation. The officers claim the business has fallen away until it is no longer profitable to continue in business with so large a capital.
Source
newspapers
4. February 19, 1897 Other
Newspaper Excerpt
La State National Bank de St Joseph, Mo., dont le capital était d'un demi-million de dollars, a fermé ses portes.
Source
newspapers
5. February 25, 1897 Other
Newspaper Excerpt
The State National Bank of St. Joseph, Mo., capitalized at half a million dollars, will go into voluntary liquidation, the present officers remaining in charge to wind up the bank's affairs.
Source
newspapers
6. April 3, 1897 Voluntary Liquidation
Source
historical_nic
7. December 21, 1898 Receivership
Newspaper Excerpt
In a petition now in the hands of Judge Philips... a receiver for the State National bank is asked for... The bank went into liquidation more than a year ago.
Source
newspapers

Newspaper Articles (7)

Article from The Indianapolis Journal, February 17, 1897

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TELEGRAPHIC BREVITIES. The twelfth annual convention of the National Editorial Association is in session at Galveston, Tex. John Johnson, the skater and cyclist, is lying dangerously ill at Brantford, Ont., with congestion of the lungs. Lyman Gage left Chicago for the East yesterday, accompanied by Mrs. Gage. It is understood that he will stop at Washington for a day or two. Robert McGill, who shot his wife at Rangland, Ky., Monday, has escaped. Mrs. McGill is not yet dead and now says she drove McGill to commit the deea. Navigation on the great lakes will open at an unusually early date this year. The steamer State of Michigan will begin making regular trips between Cleveland and Detroit next Monday. Among the passengers who arrived at New York on the North German Lloyd steamer Kaiser Wilhelm II last night were Lieutenant Manlio Garibaldi, of the Italian navy and a son of the famous Italian patriot. Jesse Harrison was shot and killed Monday night at Whitesburg, Tenn., by J. A. Cox, a prominent merchant. Harrison was to have been married to Lena Sykes, a servant employed by Cox, last night. The State National Bank of St. Joseph, Mo., capitalized at half a million dollars, will go into voluntary liquidation. The officers claim the business has fallen away until it is no longer profitable to continue in business with so large a capital. W. S. Shields, president of the City National Bank of Knoxville, Tenn., has been appointed receiver of the Star Savings and Loan Association of that city. Liabilities about $60,000. This leaves but two building and loan associations not in hands of receivers out of the ten doing business there. The battle ship Texas arrived at Galveston yesterday and entered Galveston harbor drawing twenty-two and a quarter feet. There was twenty-six feet of water in the channel. The Texas anchored one mile from the wharf. The silver service will be presented Friday. Five hundred tanners and curriers employed by W. N. Eisendrath & Co., Chicago, struck yesterday against a reduction in wages, and to-morrow morning 1,500 more will be out of employment because three of the other leading tanneries in the city have closed their doors against their workmen until such time as a settlement is made in the Eisendrath establishment. Charles N. Crewson, of the University of Chicago, who was prominently connected with the Bryan League of College Clubs during the late campaign, has received a letter from Chairman J. K. Jones, of the Democratic national committee, urging on him the importance of reorganizing the clubs and starting at once a "campaign of education" in the interests of free silver for the presidential election of 1900.


Article from The Saint Paul Globe, February 17, 1897

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NEW YORK MINING STOCKS. Bulwer $0 50 Ontario $9 00 Cholor 85 90 Ophir Crown Point 20 Plymouth 18 Deadwood 1 00 1 00 Quicksilver 40 Gould & Curry 10 00 do pfd Hale & Norcross 110 Sierra Nevada 35 Homestake 29 00 Standard 1 65 Iron Silver 32 Union Con 35 Mexican 40 Yellow Jacket 25 BOSTON MINING SHARES. Allouez Min. Co. 1 Franklin 11½ Atlantic 21 18% Kearsarge Boston & Mont Osceola 1101/2 321/4 Butte & Boston 13% Quincy 1161/2 Calumet & Hecla.355 119 Tamarack Centennial Wolverine 6 7-16 97/8 FOREIGN FINANCIAL NEW YORK, Feb. 16.-Evening Post's financial cablegram: There was a general improvement in the stock market today because of the occupation of Crete by the powers. Consols were 1121/4. There was simply nothing doing, although prices held firm at the close. Foreign stock showed the most marked rise, because of the better feeling in Paris. There is no likelihood of much activity until the political situation is clearer. A sharp rise was chronicled in copper on the fortnight's statistics. The Paris and Berlin markets were firm. LOAN COMPANY QUITS. KNOXVILLE, Tenn., Feb. 16.-S. S. Shields, president of the City National bank, was today appointed receiver of the Star Savings and Loan association. The liabilities are about $60,000. This leaves but two building and loan associations not in the hands of receivers out of the ten doing business here. St. Joseph, Mo., Feb. 16.-The State National bank of this city, capitalized at $500,000, will go into voluntary liquidation, the present officers remaining in charge to wind up the bank's affairs. A new bank will probably be organized with a smaller capital stock. NEW YORK MONEY. NEW YORK, Feb. 16.-Money on call easy at 1½2 per cent; last loan, 13/4; closed, offered at 1½2 per cent. Prime mercantile paper, 3@4 per cent. Sterling exchange firm, with actual business in bankers' bills at $4.871/4 for demand, and $4.85@4.851/4 for sixty days. Posted rates, $4.85@4.851/2 and $4.871/2@ 4.88. Commerical bills, $4.84. Silver certificates, 64%@65c. Bar silver, 645/gc. BANK CLEARINGS. St. Paul-$619,262.43. Minneapolis-$1,060,416.75. New York-Bank clearings, $109,752,277; balance, $7,109,404. Boston-Clearings, $17,268,054; balances, $1,794,723. CHICAGO MONEY. CHICAGO, Feb. 16.-Foreign exchange firm; demand, $4.871/3; sixty days, $4.851/8. New York exchange, 40c discount. TREASURY STATEMENT. WASHINGTON, Feb. 16.-Today's statement of the condition of the treasury shows: Available cash balance, $215,811,405; gold reserve, $146,317,819. FLORIDA FAILURE. JACKSONVILLE, Fla., Feb. 16.-There is considerable excitement here over the closing of the doors of the Merchants National bank at noon today. Real Estate Transfers. North St. Paul Cottage company to G Hoppe, It 22, blk 29, Fourth add to North St. Paul 1,600 National Investment company to J Kremer, It 2, blk 8, Rogers' add 1 J Maske to G Blenn, east half of It 18, blk 8, Ashton & Sherburne's add 1,500 J Bodsgard and wife to G M Barber, It 26, blk 1, Syndicate Addition No. 3. 1,008 J S Carlson to Annie M Bacon, It 6, blk 4, Bacon & Coleman's Rice Street Acre lots 1 Sarah Dubois and husband to Annie M Bacon, It 5, blk 4, Bacon & Coleman's Rice Street Acre lots 1 Annie M Bacon and husband to W. H. Dinckerman, It 5, blk 4, Bacon & Coleman's Rice Street Acre lots 75 G Michel and wife to Church of St. Mat-


Article from Echo De L'ouest, February 19, 1897

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T. W. Hynes et Cie, de NewYork, marchands de featre, ont dé posé leur bilan. Passif $175,000. La Merchants National Bank, de Jacksonville, Fla, & fermé ses portes mardi. La State National Bank de St Joseph, Mo., dont le capital était d'un demi-million de dollars, a fermé ser portes. La B nque National de Postdam, qui avait été fondée au capital de $250,000, a suspendu ses payements,


Article from The Pioneer Press, February 25, 1897

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railways at Galveston, Tex., have on strike for increase in wages. Annie S. and George S. Redhea Des Moines, Iowa, made an as ment for the benefit of creditors out preference. Rev. John N. Murdock, D. D., LI honorary secretary of the Ame Baptist Union, is dead at CI Springs, N. Y. By a decision of the secretary o interior the great tract of swamp in Florida known as "the evergla is conveyed to the State of Florid The New England Emigrant pany, at an adjourned meeting at ton, voted to transfer all property longing to the company to the Un sity of Kansas. Albert R. Griffith, aged 62, said to cousin of Gen. Ulyssis S. Grant, found floating in the Ohio river at cinnati. His pockets were turne side out when found. The National Educational asso tion, department of superintend will hold its annual session in Inc apolis, beginning next Thursday continuing three days. Thomas W. Haynes and Loren Cutler, who comprise the firm of I Haynes & Co., manufacturers dealers in straw and felt goods, York, have assigned. The Jackson Company of Nas N. H., has decided to add extensive provements to its cotton manufa ing plant and the number of empl will be increased. The Iowa senate, without an ment. has passed the Brant house bringing special charter cities u the Mulet law. The bill now go the governor. The State National Bank of St seph, Mo., capitalized at half a m dollars, will go into voluntary liq tion, the present officers remainir charge to wind up the bank's affa At Galesburg, III., Knox college ebrated the sixtieth anniversary ( founding. The chief addresses by S. S. McClure of New York and Dr. Willard Robinson of Chie Count de Lichelveid, the newly pointed Belgian minister. escorte Secretary Olney, presented his dentials to President Cleveland, the usual felicitous speeches wer changed. The Eleanor Iron works at I daysburg, Pa., which have been for six months, resumed opera to-day. The striking puddlers acce the company's terms of $2.75 per About 100 men and boys are given ployment. The receivers of the Baltimo Ohio railroad. seeing an opportu to buy steel rails cheap, have pl an order for $55,000 tons to weig pounds to the yard. Of this 2 tons is for immediate delivery. F. P. Kirkendall, manager of the partment and grounds of the On exposition, received a telegram General Superintendent Dion G dine, of the world's fair at Chie accepting a similar position her 1898. By the death of William Lam a banker of Leroy, N. Y., and a : ew of the late Sir Curtis Lam Bart., London, Eng., the bulk large property said to be value about a million dollars, has beer queathed to Yale university. Because she was quarrantined her family for scarlet fever, and daughter, aged ten, died. together all the cattle, hogs and horses or place, from neglect, and she nearly ished herself. Lena Sturh of We City, Iowa, has brought suit ag the trustees for $10,000. Mrs. William Swan of Elkhart.


Article from Democratic Northwest and Henry County News, February 25, 1897

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FROM ALL QUARTERS. NEWS COMPRESSED FOR THOSE WHO WANT IT THAT WAY. Nothing of Importance Has Been Allowed to Escape, and Everyone May Find Something In Which He Is Interested In Some Way or Other. Friday. was The destroyed Webster by block fire. of Gloucester, Mass., Otto Slough of South Bend, Ind., died from a ruptured blood vessel. Thomas Willis, murderer of his infant child, was banged at Wilmington, Del. The Rhodes Morton general merchandise store of Ronceverte, W. Va., has assigned. The Missouri legislature has appropriated $1,800 to erect a monument over the grave of Mo. Daniel Boone, buried in Warren county, Ex-State Treasurer J. S. Bartley of Nein bráska has a deficit of $500,000 staring him failed. the face. He helped state banks which George D. Cochrane of Toledo has wedded the Miss Grace Warner of St. Paul against waiting wishes three of years. her millionaire father after In order to entertain Ohio people during the inauguration the Ohio Republican association G street, Washington. has opened headquarters at 1227 prices. Dun's review notes a general increase in Thursday. Major General Robinson died at Binghamton, N. Y., aged 80. Ed Flanagan escaped from a lynching mob at Decatur, Ala. In a prize fight in Cincinnati Benny Coleman was killed by William Wright. The Spanish officials have agreed to release General Sanguilly immediatey. The International Association of Ticket Agents will meet in San Autonio, Tex., March 10. A death watch has been placed on murderers ton Jackson and Walling in the Coving(Ky.) jain. A. W. Davis and wife were mistaken for government agents at Hamburg, Ky., and roughly handled. The Populint legislators of Kansas have admitted their error and agreed to conduct affairs legally hereafter. The Transvaal government has demanded $3,389,940 material damages for the Jameson raid and $5,000,000 "smart money. A band of Spanlards who had been sent dren out by Weyler to murder women and chilThree was almost annihilated by insurgents. Texas hundred armed frontlersmen from and and Colorado with a cargo of arms Cuba, ammunition have sailed from Dallas to Wednesday. at John Shouls, Walker Ind. shot and killed Marion Tow The strike at the Spring HIII (N. S.) coal mines has been settled. The State National bank of St. Joseph, Mo., has gone into voluntary liquidation. The Kansas senate passed a resolution treaty. protesting against the general arbitration II Herr Wegner, editor of The Deutsche e Tages Zeiturg, Berlin, has been sentenced to two months' imprisonment. General Weyler has pronounced the death sentence on all who refuse spathsa bank bills at their face value. T. W. Hypes & Company, manufacturers of straw a felt goods, New York, have assigned, assets. V. val liabilities largely exceeding is The Cuban insurgents made a dash into a Spanish camp, killing over 100 of the pressors and putting the balance to disor- opof derly flight. r Jesse Harrison was shot and killed at Whitesburg, Tenn., by J. A. Cost who objected to Harrison's attention to Lena Sykes, Cox's servant girl. Tuesday. Three feet of snow feel at Tacoma, Wash. Senor Lazerda was shot at Moro Castle at sunrise. The Idaho legislature Is considering a bill to permit prizefighting. Osmond Walter Jeffs was arrested at is Liverpool for embezzling $10,000. Greece declares she will not be intimite dated by the so-called powers of Europe. of The staamer Rhode Island is three weeks overdue at Providence and it is feared she is lost. Cubans captured a "tyrant" train, secured h guards. $600,000 in silver and killed ten guerilla E The government has seized the steámer as Bermuda at Philadelphia on suspicion that she might go to Cuba. O. Eugene P. Speer, chief clerk of a divisio of in the treasury department, stabbed Will he liam Callow in Washington. John Johnson, the skater and cyclist, is lying dangerously III at Brantford, Ont., with congestion of the lungs. io Jacob F. Shaeffer's distillery at Lancaster, Pa., has been seized for the nonpayment of about $45,000 taxes due. ts Kinonska, a prominent Japanese lawyer ur has and a member of the Japanese parliament, come to America to study the laws regulating transportation. g Monday. Archbishop Grace died at St. Paul. President Nick Young has finished his is schedule for games for next season. -4 Otis O. Smith, cashier of the Georgia Se curity company, confessed to embezzlement & Isaac Smith, the Pike county murderer, nd recently pardoned, has written a book of his life. in Two girls were dismissed from Wesleyan college at Macon, because of their passion for playing with fire. ce Senator Sherman denounced as a lie the ry New York Journal interview, quoting him as favoring war with Spain. 11 The officials of the Burlington route will ne make no reduced rate to Carson, Nev., on an account of the prizefight, regarding the event as beneath their notice. Saturday. An entire block, valued at $225,000, was uburned in Grand Forks, N. D. ed French warships bombarded a village on W, Tahoa island and subdued the natives. rMrs. Mary Sketon, wealthy divorced woman of Chicago, suicided in New York. John Kelley Sargent, the oldest Mason Mass. the United States, is dead at Merrimac, in ce James Chadwell and family were drowned rlevee. near Middleboro, Ky., by the breaking of at id Germany and Austria are the only Athens. which favor the blockading of the port powers of Students of Harvard refused to attend nchapel preach. to hear a Roman Catholic priest by A baby girl weighing eight and P. half re, pounds Harrison. was born to ex President and Mrs. The king of Korea has left the Russian legation, where he has been ever since he murdered the queen. of A Norfolk and Western express train the into a washout and was wrecked, seriously rar ce: injuring several employes. It is announced from Washington that the too present administration will take no action hit In the murder of Dr. Ruiz In Cuba. in The royal family of Greece have appeal ed to the royal family


Article from Reporter and Farmer, March 4, 1897

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Miscellaneous. Cleveland, Olney & Uhl is said to be a proposed law firm. The Episcopalians will meet in New Orleans in November, 1897. Creameries are to be built at Alexandria, S. D., and Newcastle, Neb. The fight in Kansas for resubmission of the liquor question was lost in the state legislature. Motormen and conductors on street railways at Galveston, Tex., have gone on strike for increase in wages. Annie S. and George S. Redhead of Des Moines, Iowa, made an assignment for the benefit of creditors without preference. Rev. John N. Murdock, D. D., LL. D., honorary secretary of the American Baptist Union, is dead at Clifton Springs, N. Y. By a decision of the secretary of the interior the great tract of swamp land in Florida known as "the everglades," is conveyed to the State of Florida. The New England Emigrant company, at an adjourned meeting at Boston, voted to transfer all property belonging to the company to the University of Kansas. Albert R. Griffith, aged 62, said to be a cousin of Gen. Ulyssis S. Grant, was found floating in the Ohio river at Cincinnati. His pockets were turned inside out when found. The National Educational association, department of superintendents, will hold its annual session in Indianapolis, beginning next Thursday and continuing three days. Thomas W. Haynes and Lorenzo J. Cutler, who comprise the firm of T. W. Haynes & Co., manufacturers and dealers in straw and felt goods, New York, have assigned. The Jackson Company of Nashua, N. H., has decided to add extensive improvements to its cotton manufacturing plant and the number of employes will be increased. The Iowa senate, without amendment, has passed the Brant house bill, bringing special charter cities under the Mulct law. The bill now goes to the governor. The State National Bank of St. Joseph, Mo., capitalized at half a million dollars, will go into voluntary liquidation, the present officers remaining in charge to wind up the bank's affairs. At Galesburg, Ill., Knox college celebrated the sixtieth anniversary of its founding. The chief addresses were by S. S. McClure of New York city and Dr. Willard Robinson of Chicago. Count de Lichelveid, the newly appointed Belgian minister, escorted by Secretary Olney, presented his credentials to President Cleveland, and the usual felicitous speeches were exchanged. The Eleanor Iron works at Hollidaysburg, Pa., which have been idle for six months, resumed operations to-day. The striking puddlers accepted the company's terms of $2.75 per ton. About 100 men and boys are given employment. The receivers of the Baltimore & Ohio railroad, seeing an opportunity to buy steel rails cheap, have placed an order for 55,000 tons to weigh 80 pounds to the yard. Of this 20,000 tons is for immediate delivery. F. P. Kirkendall, manager of the department and grounds of the Omaha exposition, received a telegram from General Superintendent Dion Geraldine, of the world's fair at Chicago, accepting a similar position here in 1898. By the death of William Lampson, a banker of Leroy, N. Y., and a nephew of the late Sir Curtis Lampson, Bart., London, Eng., the bulk of a large property said to be valued at about a million dollars, has been bequeathed to Yale university. Because she was quarrantined with her family for scarlet fever, and her daughter, aged ten, died, together with all the cattle, hogs and horses on the place, from neglect, and she nearly perished herself, Lena Sturh of Webster City, Iowa, has brought suit against the trustees for $10,000. Mrs. William Swan of Elkhart, Ind., is dying. Last summer a bug lodged in her ear. Her suffering was intense, but physicians could not dislodge the insect. A council of physicians has now discovered a large quantity of larvae in her head, the interior of which is alive with insects. Mrs. Swan became deranged from pain, but will soon be relieved by death.


Article from Kansas City Journal, December 22, 1898

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CROOKEDNESS IS CHARGED. Receiver Is Asked for a St. Joseph Bank Which Failed Over a Year Ago. ST. JOSEPH. MO., Dec. 21.-(Special.) In a petition now in the hands of Judge Philips, of the United States circuit court, a receiver for the State National bank is asked for. R. H. Faucett and Joseph Tullar. stockholders in the bank, bring the action against President Ernest Lindsey, W. A. P. McDonald, H. K. Judd, John Townsend and other directors. It is charged that friends were favored in loans made from the funds of the bank and that President Lindsey lent money on "advantageous terms" to concerns in which he is interested. The bank went into liquidation more than a year ago. It was capItalized at $500,000 and there are large assets to be managed by the directory.