Article Text
Montana Troubles. HELENA, Mont., Aug. 5.-The First National Bank of White Sulphur Springs closed today. The bank is said to be solvent. J. W. McKnight, merchant of Duquyer, and Stedman Foundry company, of this city, assigned.
11588. First National Bank (White Sulphur Springs, MT)
Bank Information
- Episode Type
- Suspension → Reopening
- Bank Type
- national
- Bank ID
- 3375
- Charter Number
- 3375
- Start Date
- August 5, 1893
- Location
- White Sulphur Springs, Montana (46.548, -110.902)
Metadata
- Model
- gpt-5-mini
- Short Digest
795ab295
Response Measures
None
Description
Contemporary newspaper reports show the First National Bank of White Sulphur Springs suspended on Aug 5–6, 1893 and was authorized to resume by the Controller of the Currency for Oct 15, 1893. No articles describe a depositor run; one report states the bank is said to be solvent, so cause of suspension is not specified in the sources.
Events (3)
1.
August 11, 1885
Chartered
- Source
- historical_nic
2.
August 5, 1893
Suspension
- Cause Details
- Newspapers report the bank closed/suspended but give no specific cause; bank described as said to be solvent.
- Newspaper Excerpt
- Montana Troubles. HELENA, Mont., Aug. 5.-The First National Bank of White Sulphur Springs closed today. The bank is said to be solvent.
- Source
- newspapers
3.
October 15, 1893
Reopening
- Newspaper Excerpt
- The controller of the currency has authorized ... the First National Bank of White Sulphur Springs, Mont., to resume October 15. These banks recently suspended.
- Source
- newspapers
Newspaper Articles (4)
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Article Text
Bank Suspensions Reported. NEW YORK, Aug. 6.-Bank suspensions are reported as follows: First National bank of White Sulphur Springs, Mont.; Central National, Greencastle, Ind.; Bank of Abingdon and Exchange and Deposit bank, Lynchburg, Va.; Exchange bank, Wheeling, W. Va; Marston, Larson and Davis, bankers at Lake Crystal, Minn.
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Article Text
News in General. In Boone township, Indiana, a large crowd of men went to the home of William and Ed Conrad for the purpose of lynching the two boys, who were suspected of killing their father last winter. The young Conrads. who were well armed. fired into the crowd. killing John Timberlake, William Wiswell. Edward Houston and Isaac Howe, and fatally wounding William May. The Conrads esraped. The Michigan Stove Company has closed its shops and about 1100 men are thrown out of employment. The impossibility of securing currency to pay the men was the cause. Rob't H. Coleman, the "iron king" of Lebanon Valley, Pa., has confessed judgments aggregating $306,500, which, with other liens previously entered. swells the aggregate of his liabilities to $5,604,000. The Chicago Title &Trust Company has been appointed receiver for Badeneich Bros. lumber dealers. The assets are placed at $700,900 liabilities, $500,000. A freight train on the Peoria & Eastern railroad broke in two on a trestle near Danville, III., and the rear portion was run into by another freight. The middle span of the trestle, 25 cars of grain, two cabooses and an engine were destroyed. Loss $100,000 It is asserted that 15 men who were stealing a ride were killed, but only one body, that of a brakeman, has been found. Bank suspensions have been reported as follows: First National Bank of White Sulphur Springs, Mont. : Central National, Greencastle, Ind., Bank of Abington and Exchange & Deposit Bank. Lynehburg, Va.: Exchange Bank, Wheeling, W. V.: Marston. Larson & Davis, bankers at Lake Crystal Minn. Pension Commissioner Loehran has extended until October 10 the period within which pensioners whose pensions have been suspended may make proof of their right to receive them. At McCreery, Ark., a negro killed an old and respectable citizen and wounded Chief Patterson of Woodruff county, Ark. The murderer was arrested, but escaped to the woods. He was pursued by citizens and lynched. The furniture factory of the Judkins Manufacturing Company at Hanson Park, III., was burned. Loss $100,000; partly covered by insurance.
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Article Text
Banks to Resume. The controller of the currency has authorized the Kentucky National Bank of Louisville, Ky., to resume business October 2 and the First National Bank of White Sulphur Springs, Mont., to resume October 15. These banks recently suspended.