10838. Third National Bank (St Louis, MO)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
170
Charter Number
170
Start Date
September 16, 1891
Location
St Louis, Missouri (38.627, -90.198)

Metadata

Model
gpt-5-mini
Short Digest
4fbd53b7

Response Measures

None

Description

Articles (Sept 16–17, 1891) state Leon V. Stephens, receiver of the Third National Bank of St. Louis, has brought suits against the directors to recover loans the receiver alleges were unlawful. That indicates the bank was in receivership (closed) with no run mentioned. Therefore classified as a suspension leading to closure/receivership. OCR minor spacing corrected (St. Louis).

Events (3)

1. December 25, 1863 Chartered
Source
historical_nic
2. September 16, 1891 Receivership
Newspaper Excerpt
LEON. V. STEPHENS, receiver of the Third National Bank of St. Louis, has brought suits against the directors of the bank to recover $343,337.97 ... which could not be collected by the receiver.
Source
newspapers
3. September 16, 1891 Suspension
Cause
Government Action
Cause Details
Bank was placed in receivership; receiver alleges unlawful/uncollectible loans and has sued directors.
Newspaper Excerpt
LEON. V. STEPHENS, receiver of the Third National Bank of St. Louis, has brought suits against the directors of the bank to recover $343,337.97, money alleged to have been loaned by the bank in violation of statutes and which could not be collected by the receiver.
Source
newspapers

Newspaper Articles (2)

Article from New Ulm Weekly Review, September 16, 1891

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Article Text

GENERAL. DAVENPORT, Iowa, celebrated its third annual river carnival with great success. VILLA MARIA convent and academy at Frontenac is dedicated. I. MERIDITH, of Monticello, Ill., has been tapped 278 times for dropsy and 3,614 pounds of water drawn from his body. THE board of lady managers of the world's fair will send agents abroad to work in the interest of the women's department. THE jurors in the famous Davis will case at Butte, Montana, disagree, standing seven to five in favor of the contestants. # ITALO-AMERICANS ITALO-AMERICANS have called a meeting at Washington, Dec. 7, to discuss and take action looking to the promotion of the fair by urging Italy to accept the invitation extended by the United States. The annual convention of the National Electrical association of the United States has opened in Montreal. Nearly 300 delegates are in attendance, including prominent electricians from all parts of the United States and Canada. # ROBERT REED ROBERT REED, who has returned to San Francisco from Chignik bay, Alaska, says that reports of trouble with natives at that point are without foundation. Work at the canneries went along without interruption during the season. LEON. V. STEPHENS, receiver of the Third National Bank of St. Louis, has brought suits against the directors of the bank to recover $343,337.97, money alleged to have been loaned by the bank in violation of statutes and which could not be collected by the receiver. The ladies of New Orleans are moving to secure the release of Mrs. Florence Maybrick from Working prison, England, where she is confined for life, convicted of having poisoned her husband. Gail Hamilton's recent articles, showing that there should have been a different course taken than the one adopted toward the unfortunate woman, have brought the case once more to public notice. The ladies will present a petition, numerously signed, to the queen, whom they will ask to right the injustice done to Mrs. Maybrick.


Article from The Sun, September 17, 1891

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Article Text

GENERAL DAVENPORT, Iowa, celebrated its third annual river carnival with great success. VILLA MARIA convent and academy at Frontenac is dedicated. I. MERIDITH, of Monticello, Ill., has been tapped 278 times for dropsy and 3,614 pounds of water drawn from his body. THE board of lady managers of the world's fair will send agents abroad to work in the interest of the women's department. THE jurors in the famous Davis will case at Butte, Montana, disagree, standing seven to five in favor of the contestants. ITALo-AMERICANS have called a meeting at Washington, Dec. 7, to discuss and take action looking to the promotion of the fair by urging Italy to accept the invitation extended by the United States. THE annual convention of the National Electrical association of the United States has opened in Montreal. Nearly 300 dellegates are in attendance, including prominent electricians from all parts of the United States and Canada. ROBERT REED, who has returned to San Francisco from Chignik bay, Alaska, says that reports of trouble with natives at that point are without foundation. Work at the canneries went along without interruption during theseason. LEON. V. STEPHENS, receiver of the Third National Bank of St. Louis, has brought suits against the directors of the bank to recover $343,337.97, money alleged to have been loaned by the bank in violation of statutes and which could not be collected by the receiver. IN an Iowa railway case, Judge Ney of Dubuque holds that a contract made with an Ohio oil company by Iowa men is of interstate character, and railroads cannot be made to conform to state regulations in the matter of switching charges for trans. ferring oil from one point to another within the state. THE ladies of New Orleans are moving to secure the release of Mrs. Florence Maybrick from Working prison, England, where she is confined for life, convicted of having poisoned her husband. Gail Hamilton's recent articles, showing that there should have been a different course taken than the one adopted toward the unfortunate woman, have brought the case once more to public notice. The ladies will present a petition, numerously signed, to the queen, whom they will ask to right the injustice done to Mrs. Maybrick.