11077. First National Bank (Minot, ND)

View Charter #4009 on SPMC

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
4009
Charter Number
4009
Start Date
July 18, 1896
Location
Minot, North Dakota (48.233, -101.296)

Metadata

Model
gpt-5-mini
Short Digest
3c08a014f6c398bf

Response Measures

None

Receivership Details

Depositor recovery rate
26.0%
Date receivership started
1896-08-12
Date receivership terminated
1899-10-30
OCC cause of failure
Excessive lending
Share of assets assessed as good
17.8%
Share of assets assessed as doubtful
52.5%
Share of assets assessed as worthless
29.7%

Description

Multiple contemporaneous newspaper dispatches (July 18, 1896) report the First National Bank of Minot, N.D., suspended (controller received notice). A receiver was appointed (Joseph Roach, Aug 12, 1896) and the institution is repeatedly described as failed/suspended and being wound up; later receiver changes in 1898 indicate final winding up rather than reopening. No article describes a depositor run prior to suspension.

Events (5)
1. April 13, 1889 Chartered
Source
historical_nic
2. July 18, 1896 Suspension
Cause
Government Action
Cause Details
Controller of the Currency received formal notice of suspension; bank suspended payments as reported to the comptroller.
Newspaper Excerpt
The comptroller of the currency has received notice of the suspension of the First National bank of Minot, N. D. The capital of the bank is $50,000.
Source
newspapers
3. August 12, 1896 Receivership
Source
historical_nic
4. August 12, 1896 Receivership
Newspaper Excerpt
Jos. Roach of Northfield, Minn., has been appointed receiver of the First National Bank, Minot, N. D., by Acting Controller Coffin.
Source
newspapers
5. July 1, 1898 Receivership
Newspaper Excerpt
Controller Dawes has appointed F. Robinson of West Virginia receiver of the First National Bank of Minot, to succeed the present receiver, resigned.
Source
newspapers

Newspaper Articles (20)
1. July 19, 1896 Omaha Daily Bee Omaha, NE
Article from Omaha Daily Bee, July 19, 1896

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INVOLVED BY HALLETT & DAVIS Another Plano Company in Chicago Assigns Other Failures. CHICAGO, July 18.-The Schaffer Piano company at 239 Washington avenue has assigned in the county court to F. E. Jennison. The firm's place of business is on the floor immediately above the store of Hallett & Davis, who assigned yesterday. The failure of the Schaffer company was, it is said, the direct result of the failure of Hallett & Davis. The Schaffer company manufactures pianos and most of their product was handled by the Hallett & Davis company. The Schaffer company in selling goods to the other concerns took the notes of the Hallett & Davis company and it is said used the notes in purchasing material and supplies for its manufacturing business. The Schaffer corporation thus became liable on the notes of the Hallett & Davis company. Those connected with the Schaffer company place the assets at about $85,000 and liabilities at $30,000. BOSTON, July 18.-The Hallett & Davis Piano Manufacturing company of this city assigned to George W. Morse and Edwin N. Kimball today on account of the failure of the Chicago concern of the same name, which owes the company large amounts of money. The directors thought it advisable to protect all its creditors alike. The liabilities are placed at $175,000; the assets are more than double that amount. HARRISBURG, Pa., July 18.-A receiver was today appointed by Judge Simonton for the Middletown Car works, Middletown, Pa., one of the largest of Dauphin county's industries. Until the creditors are paid, the affairs of the company will be under the supervision of the court. Arthur King, principal owner of the concern, was appointed receiver. The bill of complaint was presented on behalf of the Susquehanna Iron company, Columbia, which is a creditor of the concern for $4,519, and the Pennsylvania Nut and Bolt works, Lebanon, which holds judgments amounting to $4,213. Paul A. Kunkel, Mr. King's attorney, says the receivership is due to the hard financial times, and also to the trouble which Mi. King had with his men. The plant has not been running full time, and several of the men had several times refused to work until given higher wages. At present not more than 200 men are employed in the works. The Middletown Car works is the third concern of the kind in Dauphin county to go into the hands of a receiver within the past five years. PHILADELPHIA, July 18.-Henry S. Smith, trading as the Historical Publishing company, has made an assignment. The liabilities will reach $100,000; estimated assets $300,000. WASHINGTON, July 18.-The comptroller of the currency has received notice of the suspension of the First National bank of Minot, N. D. The capital of the bank is $50,000.

2. July 19, 1896 The Indianapolis Journal Indianapolis, IN
Article from The Indianapolis Journal, July 19, 1896

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Article Text

National Bank Suspends. WASHINGTON, July 18.-The Controller of the Currency has received notice of the suspension of the First National Bank of Minot, North Dakota. The capital of the bank is $50,000.

3. July 19, 1896 The Saint Paul Globe Saint Paul, MN
Article from The Saint Paul Globe, July 19, 1896

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Article Text

1201 RIE Minot Bank Closed. WASHINGTON, July 18.-The comptroller of the currency has received notice of the suspension of the First National Bank of Minot, N. D. The capital of the bank is $50,000.

4. July 22, 1896 Semi-Weekly Register Brookings, SD
Article from Semi-Weekly Register, July 22, 1896

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Bank Suspension at Minot. WASHINGTON, July 20.-The controller of the currency has received notice of the suspension of the First National bank of Minot, N. D. The capital of the bank is $50.000.

5. July 22, 1896 Morris Tribune Morris, MN
Article from Morris Tribune, July 22, 1896

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Great Northern and a Japanese company for a line of steamers between Seattle and Tokio. New York bankers say they will stand by the government for the protection of the gold reserve. They deprecate excitement and alarm. The comptroller of the currency has received notice of the suspension of the First National bank of Minot, N. D. The capital of the bank is $50,000. The Schaeffer Piano company, Chicago, has assigned. The failure was, it is said, the direct result of the failure of the Hallet & Davis company in New York. The army worm is working havoc in the oats 10 miles south of Madison, Wis. It is prevalent in Oconto, Marinette and Waukesha counties. Similar reports come from portions of the Red River valley and Eastern Minnesota. Exports of wheat (flour included as wheat) from both coasts of the United States and from Montreal last week amounted to 2,963,000 bushels, against 2,167,000 bushels last week and 1,652,000 bushels in the corresponding week las yeart. Burglars robbed the Catholic church of Macon, Mo., of its silver communion service and other valubles.

6. July 24, 1896 Echo De L'ouest Minneapolis, MN
Article from Echo De L'ouest, July 24, 1896

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Article Text

La First National Bank, de Mi. not, N. D., a suspendu ses painments. Son capital est de $50,000.

7. August 12, 1896 Evening Star Washington, DC
Article from Evening Star, August 12, 1896

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Receiver Appointed. Jos. Roach of Northfield, Minn., has been appointed receiver of the First National Bank, Minot, N. D., by Acting Controller Coffin.

8. August 13, 1896 The Madison Daily Leader Madison, SD
Article from The Madison Daily Leader, August 13, 1896

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BRIEF BITS OF NEWS. Less than 1,000 people saw the base ball games of the Western league Tuesday. An English writer holds that "free silver would be the beginning of the end for the United States." The Spanish government is inviting tenders in England for the construction of a floating dock at Havana. Colonel Dick Thompson, the noted Indiana politician, while sitting in his yard was overcome by the heat. Li Hung Chang received an arbitration deputation at London and expressed cordial sympathy with the objects of the association. Dr. A. C. Hickey. aged 65, one of the pioneer organizations of the Grand Army of the Republic, died of heart disease at Kingston, Ont. Mollah Reza, who assassinated the late shah of Persia in May last, was hanged at Teheran in the presence of an immense concourse of people. Deputy Comptroller Coffin has appointed Joseph Roach of Northfield, Minn., receiver of the First National bank of Minot, N. D., recently failed. In the International yacht races at Cleveland, Canada finished first in the 46 foot class, Vivia was first in the 40foot class, and Sybil won the 25-foot class. The entry building at the Iowa state penitentiary at Anamosa was destroyed by fire, including a large library of 3,000 volumes. Loss is estimated at $20,000. E. S. Sanborn & Co., of Lynn, Mass., manufacturers of ladies shoes, have suspended. Liabilities are placed at $75,000; assests between $50,000 and $60,000. Judge Wellborn of the United States circuit court has rendered a decision declaring that the government can fix rates for transportation of troops, mails, etc., over any road. It is believed that the government will save from $45,000,000 to $50,000,000 a year if the decision is sustained.

9. August 13, 1896 Marietta Daily Leader Marietta, OH
Article from Marietta Daily Leader, August 13, 1896

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CONDENSED NEWS, Gathered From All Parts of the Country by Telegraph. The democrats of the First congressional district of Missouri, Tuesday nominated Richard P. Giles, of Shelby county, on the first ballot. The mercury at the weather bureau in Detroit only climbed as high as 87 Tuesday. At 8 o'clock Tuesday night it was at 82 and was slowly falling. Acting Controller Coffin has appointed Joseph Roach, of Northfield, Minn., receiver of the First national bank of Minot, N. D., which failed two weeks ago. Maj. George Foster Robinson, paymaster, was placed on the retired list of the army Wednesday, having reached the statutory age limit of 64 years. The hot wave which for 16 days has spread over Kansas City was broken by a rain and the temperature which at three o'clock stood at 96 has dropped to normal. The Kansas republican convention Tuesday nominated E. N. Morrill for governor by acclamation. T. J. Garver was nominated for chief justice on the third ballot. During a thunderstorm Tuesday afternoon S. B. J. Bryant and five-yearold daughter were struck by lightning and killed at his home, one mile north of Rogers, Ark. All chartered banks in Halifax, N. S., announce that beginning next Monday they will charge a discount of five per cent. on American currency at all their offices in maritime provinces. With a view to fusion on the national electors and state officers as well, three parties-democratic, populist and free silver republicans-hold state conventions in Ellensburg, Wash., Wednesday. The single gold standard democrats held a conference at Richmond, Va., Tuesday night, and issued a call for a state convention in this city August 26, for the purpose of electing delegates to the Indianapolis convention. North and Taylor, private bankers, who did business at 959 West Madison street, Chicago, suspended Tuesday. The bank's depositors are workingmen, and the total amount of their savings is placed at $100,000. The firm had a capital of $50,000. All moveables have been transferred from the steamer St. Paul, which grounded on Sunday night last, at Monterey, Cal., and the steamer will be abandoned. The underwriters' inspector states that there is no prospect of saving the hull or machinery. Cashier W. G. Peters, of the Columbia national bank, Tacoma, Wash., charged with falsifying the books and appropriating the funds of the institution, was found guilty. President Henry Oliver, of the Columbia national bank, who is under indictment for embezzlement, will be tried in February next. Mollah Reza, who, on the afternoon of May 1, assassinated Nazr-Ed-Deen, shah of Persia, by shooting the monarch with a pistol as he was entering the inner court of the shrine of Shah Abdul Azim, near Teheran, washanged for his crime Wednesday morning. Immense crowds of people witnessed the execution of the assassin.

10. August 15, 1896 Semi-Weekly Register Brookings, SD
Article from Semi-Weekly Register, August 15, 1896

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MINOR ITEMS OF INTEREST. The Spanish government is inviting tenders in England for the construction of a floating dock at Havana. Li Hung Chang received an arbitra. tion deputation at London and expressed cordial sympathy with the objects of the association. Dr. A. C. Hickey, aged 65, one of the pioneer organizations of the Grand Army of the Republic, died of heart disease at Kingston, Ont. Mollah Reza, who assassinated the late shah of Persia in May last, was hanged at Teheran in the presence of an immense concourse of people. Deputy Comptroller Coffin has appointed Joseph Roach of Northfield, Minn., receiver of the First National bank of Minot, N. D., recently failed. In the International yacht races at Cleveland, Canada finished first in the 46 foot class, Vivia was first in the 40foot class, and Sybil won the 25-foot class. E. S. Sanborn & Co., of Lynn, Mass., manufacturers of ladies shoes, have suspended. Liabilities are placed at $75,000; assests between $50,000 and $60,000.

11. August 15, 1896 The Madison Daily Leader Madison, SD
Article from The Madison Daily Leader, August 15, 1896

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BRIEF BITS OF NEWS. The British yacht Valkyrie III, from New York, on July 15, has arrived in / the Clyde. The Second California district Republican convention has renominated Grove L. Johnson. The American Philatetic association is holding a convention at Hotel Lafayette, Lake Minnetonka. Democrats of the Third Minnesota congressional district have nominated H. J. Peck of Shakopee. Floods are doing terrible damage in China. In many places entire towns and villages are submerged. Miss ( ena Rose, a young woman 24 years old, is in jail at Mansfield, O., charged with killing her father, mother and brother with poison. Deputy Comptroller Coffin has uppointed Joseph Roach of Northfield, Minn., receiver of the First National bank of Minot, N. D.. recently failed

12. August 27, 1896 The Hocking Sentinel Logan, OH
Article from The Hocking Sentinel, August 27, 1896

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Sparks from the Wires. Major James C. Worthington, of the U. S. A., died at Louisville, Ky., aged 43. Chairman Holt, of the Indiana Democratie committee, says the free silver men will carry the State by 40,000. A dispatch to the London Daily Telegraph from Rio Janeiro says that the Frias Hermanos, engaged in the cattle trade, have failed with $3,000,000 liabilities. Deputy Comptroller Coffin has appointed Joseph Roach, of Northfield, Minn., receiver of the First National Bank of Minot, N. D., which recently failed. The ratification at Columbus of the Republican ticket and opening of the Ohio campaign was a stupendous affair. It was under the auspices of the State Executive Committee and the Ohio League of Republican Clubs, and there was an immense influx of organized clubs and adherents to the party from all over the State. The features of the day were a parade and a mass meeting under a mammoth tent. Senator Sherman presided and Senator-elect Foraker and Gen. Stewart L. Woodford of New York were among the speakers. Among the passengers on the steamship Peru, which arrived at San Francisco from Yokohama and Honolulu, was Mrs. Sanford B. Dole, wife of the president of the Hawaiian republic. The steamship Etruria of the Canard line, while passing Liberty Island, New York harbor, out bound, struck and sunk a grain elevator. Those on board the elevator were picked up by a tug. According to mail advices from the Orient, the commercial treaty between Japan and Germany has been approved by the privy council. The exchange of ratification, and the subsequent publication of the treaty are expected to take place within sixty days.

13. February 11, 1897 Jamestown Weekly Alert Jamestown, ND
Article from Jamestown Weekly Alert, February 11, 1897

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$258,883 02 In the various suspended banks of the state the treasurer has $65,772.91, as followe: Citizens National bank, Fargo, 847,801 93 30 Grand Forke National bank 9,712 Second National bank, Grand 3,124 95 Forks 2,866 64 First National bank, Minot First National bank, Minot, draft deposited, payment stopped and now in litiga2,267 09 tion Treasurer Nichols says: Each of the above depositories have given bonds to the state of North Dakota for double the amount of deposit, which, in every case is ample security for the amount asked for. I have carefully investigated the bonds of the suspended banks, and am satiefied that the state is well secured and will receive every dollar that is due. SENATE. Among the new bills introduced in the senate yesterday was by Greene: Prescribing duties and obligation of herders. Marshall, providing that pledgee can sell collateral in default. Enger, giving three representatives to sixteenth district, consisting of Steele and Grigge counties. Dunlop, repealing the office of oil inspector. Strom, requiring one-third the available school funds to be invested in farm mortgages. Dunlap, 120 oil test. Haggart, $2,000 for advertising school land leases. House bille passed: Amending the good time law of convicte; allowing witnesses awaiting trials 50 cents 8 day; Twitchel's bail on appeal; Francis' challenges of jurore rec. ommended by judiciary. Little's, counties to pay for transporting conviots and ineane, WAS lost. The one hundrad thousand dollar irrigation memorial was lost. Senate refused to concur in Creel's armory bill. HOUSE. The resolution to investigate the gambling and liquor selling at Bismarck created a good hot debate in the house yesterday. There was bitter opposition to the report, Cole and Hankinson leading. It was alleged by several that there are open violations of the law in Case Richland Weleh and Footer conn.

14. March 25, 1897 San Antonio Daily Light San Antonio, TX
Article from San Antonio Daily Light, March 25, 1897

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BANK INVESTIGATION. St. Paul, March 25.-A Bismarck, N. D., special to the Pioneeer Press, says: The banking methods of some of the suspended National banks of the state are being investigated by the grand jury now in session. Two indictments have already been found, one against Lee Booker, exstate treasurer and president of Grand Fork's National bank and the other against H. F. Salyards, president of the First National bank, of Minot. Booker is charged with making false returns to the comptroller of the currency. He was arraigned and pleaded not guilty and was held for trial in $5,000 bond. Salyards is charged with aiding and abetting in making false entries in the bank books. He pleaded not guilty and was held in $6,000 bond for trial. The indictment of Booker came as a great surprise to his friends throughout the state. He was state treasurer for three years, entering office in 1894 and has always taken an active part in state politics.

15. March 25, 1897 Evening Star Washington, DC
Article from Evening Star, March 25, 1897

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INVESTIGATING BANK METHODS. The Grand Jury at Bismarck Considering Suspended Institutions. ST. PAUL, Minn., March 25.-A Bismarck, N. D., special to the Pioneer Press says: The banking methods of some of the suspended national banks of the state are being investigated by the United States grand jury, now in session. Two indictments have already been found, one against L. E. Booker, ex-state treasurer and president of Grand Forks National Bank, and the other against H. F. Salyards, president of the First National Bank of Minot. Booker is charged with making false returns to the controller of the currency. He was arraigned, pleaded not guilty, and was held for trial in $5,000 bonds. Salyards is charged with aiding and abetting in making false entries in the bank's books. He pleaded not guilty, and was held in $6,000 bonds for trial. The indictment of Booker came as a great surprise to his friends throughout the state. He was state treasurer for three years, entering office in 1893, and has always taken an active part in state politics.

16. May 13, 1897 Courier Democrat Langdon, ND
Article from Courier Democrat, May 13, 1897

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IN NORTH DAKOTA Interesting News Items From all Parts of the State, Tramps are pillaging houses at WillIston. Prof. George Martin of Cando ate poisoned canned fruit and nearly died. Two arrests were made at Larlmore on the charge of illegal voting. The first prairie fire of the season is reported near Williamsport. A West Point examination will be held at Grand Forks on June 3. Dr. Smythe of Bismarck has been appointed physician for Burleigh county. Two bootleggers have been arrested at Wheatland. George H. Fay is the new city attorney of Oakes. Rolette county is advertising for school teachers. Herbert Root's $50,000 damage suit against Judge Rose has been dropped. A Barnes county farmer has a hen that lays eggs weighing five ounces. Paul Dupash, wanted at Neche for robbery, was arrested at Hillsboro. The St. Thomas driving park was recently damaged by high wind. Alex. Waite was held to the district court charged with illegal voting at Larimore. A lot of hoboes got into a drunken row at Bismarck and a dozen were dangerously wounded. C. E. V. Draper has been appointed coroner of Morton county in place of Z. Gilbert, deceased. The fiend who fired the Mooney & McHugh elevator at Langdon is being rounded up. Troop B, First Battalion Cavalry, located at Bottineau, were inspected by Inspector General Creel last week. The First National bank of Minot, suspended, will shortly pay its depositors 15 per cent. The Grafton roller mills have orders for five cars of flour from Glasgow, Scotland. A rew Lutheran church is to be erected near Bottineau this spring. The cost will be $2,000. Ole Wagle, a farmer, was drowned while fishing in the mill pond at Valley City. James Nelson has been appointed agent for the Great Northern at Devils Lake. Two young men of Jamestown have been sent to the penitentiary in Louisiana for robbery. Valley City will vote May 3d on the proposition of issuing bonds to build an electric light plant. John Johnson of Meckinock, Grand Forks county, is the father of triplets, two boys and a girl. An effort will be made to secure a pardon for Kalinsky, the Bottineau county wife murderer. R. M. Black, professor of Greek and mathematics at the Wahpeton college, has been engaged as principal of the Hamilton schools. A burglar tried to get in his work at Crawford's store in Neche, but was detected before he accomplished his purpose. Percy Smith, the brakeman whose hand was crushed between the cars at Rolla last week, is doing well and will not lose his hand. Ducks are reported as very plentiful in the vicinity of Jamestown, and the sportsmen- are looking forward to a great season. Dr. James Adair of Lisbon, who has been connected with the National Guard for some years, died in Maine a few days ago. Erard Wooster will sue Ed. Holland of Burleigh county for $5,000 damages for causing his arrest on a charge of horse stealing. Rolla will hold a special election on May 15 for the purpose of voting on the proposition of rebonding the school district. An A. O. U. W. lodge was organized at Sheyenne last week by Grand Master Joy of Hamilton-with fifteen charter members. An ordinance was passed by the city council of Devils Lake last week by which dealers in cigarettes will be compelled to pay $100 license to sell them The city council of Bismarck has authorized the purchase of six balls and chains to be used on city prisoners, who are to be put to work on the streeets. A Logan county farmer traded horses with a neighbor, and not liking his bargain, traded back at night without the other's consent. The sheriff has his case in hand. C. A. Birdseye, one of the largest farmers in Dickey county, lost his entire last year's crop of grain by a prairie fire. The grain was still in the stack, he being unable to get it threshed on account of the early winter. The young son of Erick Olson, living about ten miles southwest of Milnor, was playing with other children near his home and fell, breaking one of his legs below the knee. Dr. J. D. McKenzie was called about one week after the accident occurred, and after administering chloroform to the unfortunate lad succeeded in reducing the fracture. Edwin Hommanberg, a lad about 14

17. August 8, 1897 The Saint Paul Globe Saint Paul, MN
Article from The Saint Paul Globe, August 8, 1897

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Action on a Note. Joseph Roach, as receiver of the First National Bank of Minot, has commenced action against H. F. Salyards to recover $1,000 on a note given the bank. E. M. Prouty & Co. have been garnisheed in connection with the case and a writ of attachment has been issued.

18. February 4, 1898 Bismarck Weekly Tribune Bismarck, ND
Article from Bismarck Weekly Tribune, February 4, 1898

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Receivers of North Dakota Banks. Washington special says: Senator Hansbrough and W. B. Woods of Grand Forks, called on the controller of the currency in the interests of the latter for the appointment as receivor of the First National Bank at Grand Forks. It is probable that Mr. Woods will receive the appointment. This is one of the few candidates for office in North Dakota who has received the joint indorsement of Senator Hansbrough and Representative Johnson. The controller of the currency said that before any action would be taken towards the removal of Receiver Roach from the First National Bank of Minot, a bank examiner will be detailed to make an inspection of the affairs of the bank. Maj. Edwards of Fargo, who has left for home, was here in the interest of Maj. Murphy's candidacy for receiver of the Minot bank. Maj. Murphy is indorsed by Representative Johnson and will probably secure the place.

19. July 1, 1898 Bismarck Weekly Tribune Bismarck, ND
Article from Bismarck Weekly Tribune, July 1, 1898

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STATE NEWS. Three burglaries in one night took place at Island Park in Fargo. Washburn will have an appropriate celebration of the fourth of July. James Maloney of Minto died at Jamestown suddenly of apoplexy. Henry Erickson of McHenry county is a candidate for railroad commissioner. An electric line will be built from Devils Lake to the Chautauqua grounds. The Fairmount roller mills were destroyed by fire. The loss is $7,500 with insurance of $6,000. Grand Forks county primaries take place next Saturday and are exciting much interest among republicans there. Geo. Barron of Pembina shipped a car of wheat during the recent bulge in price and received a little over $1,000 net. The Devils Lake kidnappers, who tried to abduct an enforcement league detective, have been held for trial in the district court. At Sverdup in McLean county a boit of lightning struck in the midst of a herd of cattle and seven head of fine cows were killed. The state editorial association meets at Wahpeton July 18 and great pains will be taken by people there to give the editors their fill of pleasure. Jamestown Alert: Hamilton Fish, Jr., killed in the engagement near Santiago last week, was a cousin of Sam and Irma McGinnis of this city. Lightning struck a church that was being dedicated at Minnewaukan and one end of the building was torn out. Two persons were instantly killed and a number of others injured in the ensuing panic. At Grafton it is estimated there were 100,000 acres of grain damaged in Walsh county. most of it thought to be a total loss. The hail was terrific in places. Wherever the storm struck with full force the crops are a total loss. Joe Gilmore, the Minot mail carrier who was shot by Fred Carrow, has died and Carrow is held at Washburn for murder. His preliminary examination will be held at that place July 6. The state is represented by Assistant Attorney General Philbrick. Controller Dawes has appointed F. Robinson of West Virginia receiver of the first National Bank of Minot, to succeed the present receiver, resigned. Mr. Robinson has been doing some work for the controller in his own state, and as the affairs of the Minot bank can be wound up with in two or three months, it was determined to send him there rather than appoint a new man, who might delay final settlement by reason of unfamiliarity with the work. 0 Reports from Park River state that f the storm of last Thursday was wide spread and very destructive to crops and buildings, a strip of about four miles wide starting as near as can be learned at the western edge of Walsh county ran through the entire county apparently spreading out wider toward the Red river. Many farmers have lost their entire crops and buildings have been very badly damaged. The escapes with life were many and close. Resulte over the entire county will not be known for a couple of days yet, but it is though that the losses will be larger than im agined by anyone. The hail insurance companies have been doing a good busi ness near Park River and many of the farmers will partially recoup their losses f in this way. This is the first time tha the Park River country has met with loss of this kind and Walsh county never saw as destructive a storm.

20. July 8, 1898 Griggs Courier Cooperstown, ND
Article from Griggs Courier, July 8, 1898

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will Send a Man. F. W. Robinson of West Virginia, who was offered the receivership of the First National bank of Minot, has declined the position because of the short time he will be employed. Controller of the Currency Daws has received a number of applications for the place. After a carefull review of the situation with reference to the trust in connection with the report of the special examiner, he is convinced that the trust should be closed in from sixty to ninety days. He has therefore determined to send a man from his office, with instructions to close the business and make a final dividend.