12035. First National Bank (Ponca, NE)

View Charter #3627 on SPMC

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
3627
Charter Number
3627
Start Date
April 27, 1893
Location
Ponca, Nebraska (42.564, -96.711)

Metadata

Model
gpt-5-mini
Short Digest
8eeed0b7b4702568

Response Measures

None

Receivership Details

Depositor recovery rate
22.4%
Date receivership started
1893-05-13
Date receivership terminated
1899-09-05
OCC cause of failure
Losses
Share of assets assessed as good
13.7%
Share of assets assessed as doubtful
58.2%
Share of assets assessed as worthless
28.0%

Description

The First National Bank of Ponca (Neb.) temporarily closed on Apr 27, 1893 after being called for funds when its Sioux City correspondent (Union Loan & Trust Co.) failed. The bank did not resume normal independent operations: a receiver (Albert Watkins) was appointed in mid-May 1893 and the institution was wound up under receivership (dividend declared later in 1893). Subsequent criminal indictments of the cashier/president indicate failure was permanent. No clear standalone depositor run is described prior to the suspension; closure resulted from correspondent distress, so classified as suspension_closure.

Events (7)
1. January 28, 1887 Chartered
Source
historical_nic
2. April 27, 1893 Suspension
Cause
Correspondent
Cause Details
The bank closed after the failure of the Union Loan and Trust Company of Sioux City; Sioux City banks called in funds and Ponca honored drafts but was left without funds to continue business.
Newspaper Excerpt
Owing to recent failures in Sioux City and elsewhere, and being called on for money due, we are compelled to close temporarily. Depositors will be paid as soon as matters can be adjusted.
Source
newspapers
3. May 13, 1893 Receivership
Source
historical_nic
4. May 16, 1893 Receivership
Newspaper Excerpt
The comptroller today appointed Albert Watkins, of Lincoln, Neb., receiver of the First National bank of Ponca, Neborka [Ponca, Neb.].
Source
newspapers
5. November 1, 1893* Other
Newspaper Excerpt
A 20 per cent dividend has been declared for the benefit of depositors by Receiver Watkins of the defunct First National bank of Ponca.
Source
newspapers
6. January 16, 1895 Other
Newspaper Excerpt
For being mixed up in the failure of the Ponca National bank, ex-Congressman Dorsey and brother were indicted.
Source
newspapers
7. October 23, 1897 Other
Newspaper Excerpt
Testimony about false reports to the comptroller by Cashier Dorsey given at trial; assistant receiver examined books.
Source
newspapers

Newspaper Articles (21)
1. April 28, 1893 Grand Rapids Herald Grand Rapids, MI
Article from Grand Rapids Herald, April 28, 1893

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OUX CITY FAILURE It Compels n Ponca. Nebraska Bank to Close Its Doors. PONCA. Neb., April 27.-The financial flurry at Sioux City has had its effect at this place, and the First National bank of Ponca has been forced to close its doors. The suspension is due to the failure of the Union Loan and 1 rust company of Sioux City. Ex Congress man George W. E. Dorsey is president of the bank and F. M. Dorsey is cashier. The bank is capitalized for $50 000. and had an undivided profit of $1.101. The surplus was $4,000. The bank's eastern correspondent was the Chemical National of New York, and its western correspondent was the Iowa State bank of Sioux City. When the flurry struck Sioux City the bank of that place began cailing in its funds in order to strengthen itself against a run. It was a heavy creditor of the Ponca in stitution and the result was that when the draft was honored by the local bank it found itself without funds to continue business.

2. April 28, 1893 The Helena Independent Helena, MT
Article from The Helena Independent, April 28, 1893

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OTHERS TUMBLING DOWN. Far-Reaching Effect of the Disastrous Failures at Sioux City. SIOUX CITY, April 27.-The - Boston Investment company this morning, on a judgment obtained last December for $58,544, levied on the charter, franchises and all other property of the Pacific Short Line Bridge company and its successor, the Missouri River Bridge company. It is understood this action is merely precautionary in view of the recent failure here. Ed Haakenson, president and treasurer of the failed Sioux City Dressed Besf company, and president of the Washington Park Street Railway company. made an assignment to-day. Assets and liabilities are yet unknown. PONCA, Neb., April 27.-The First National bank did, not open its doors this morning. All the information that could be obtained in regard to the failure is contained in the following notice. posted on the bank door: "Owing to recent failures in Sioux City and elsewhere, and being called on for money due. we are compelled to close temporarily. Depositors will be paid as soon as matters can be adjusted." Business men believe the depositors will be paid in full. NASHUA. N. H., April 27.-A number of citizens of Nashua are affected by the closing of the doors of the Union Loan and Trust Co., of Sioux City. It is said $200,000 of the company's stock is held here. The belief here is that the suspension is temporary and that no loss will result.

3. April 28, 1893 The Morning Call San Francisco, CA
Article from The Morning Call, April 28, 1893

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LACKED READY MONEY. Failure of Two Eastern BankingHouses. Additional Complications Arising From the Sioux City Assignments. Short in His Accounts. Special to THE MORNING CALL. LANSING, Mich., April 27.-The Ingham County Savings Bank closed this morning, and is in the hands of the Commissioners of Banking. The closing of the bank was due to the inability of the officers to realize on some securities. The directors attribute the present difficulty to the unsatisfactory condition of the money market. The Bank Commissioner says the closing was without his advice. He would have advised against it. All the bank-directors of the city are in conference. The situation is extremely critical. PONCA, Neb., April 27.-The First National Bank did not open its doors this morning. All the information that could be obtained in regard to the failure was contained in the following notice posted on the bank door: "Owing to the recent failures in Sioux City and elsewhere, and being called on for money due we are compelled to close temporarily. Depositors will be paid as soon as matters can be adjusted." Business men believe the depositors will be paid in full. PHILADELPHIA, April 27.-The liabilities of Clark & Keene, the violin manufacturers, who assigned yesterday, will amount to about $100,000, exclusive of the amount due Charles J. Webb, to whom they confessed judgment for $80,403. The assets consist of a plant valued at $150,000, and a large quantity of manufactured goods. SIOUX CITY, April 27.-The Boston Investment Company this morning, on a judgment obtained last December for $58,544, levied on thecharter and franchises and all the other property of the Pacific Short Line Bridge Company and its successor, the Missouri River Bridge Company. It is understood this action is merely precautionary, in view of the recent failures here. Ed Haskinson, president and treasurer of the failed Sioux City Dressed Beef Company and president of the Park-street Railway Company, made individual assignments to-day. The assets and liabilities are yet unknown. Nashua, N. H., April 27.-A number of the citizens of Nashua are affected by the closing of the doors of the Union Loan and Trust Company at Sioux City. It is said $200,000 of the company's stock is held here. The belief here is that the suspension is temporary and no losses will result. NDIANAPOLIS, April 27.-Charles R. Haseley, secretary of the South Side Building Association, is short $20,000 in his accounts and a fugitive in South America. The association made an assignment this afternoon.

4. April 28, 1893 The Seattle Post-Intelligencer Seattle, WA
Article from The Seattle Post-Intelligencer, April 28, 1893

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THE SIOUX CITY FAILURES. They Brought a String of SuspensionsOther Business Troubles. PONCA. Net., April 27.-The First National bank did not open its doors this morning. All the information that could be obtained in regard to the failure is contained in the following notice posted on the bank door: Owing to recent failures in Sioux City and there and being called on for money due, weate compelled to close temporarily. Deposbe paid as soon as matters can be ad. justed Business men believe that depositors will be paid in full. Storx CITY, Is., April 27.-Ed Haakinon. president and treasurer of the failed Sionx City Dressed Beef Company, and president of the Washington Park Street Railway Company, made an individual assignment today. His assets and liabilities are yet unknown. NASHUA, N. H., April 27.-A number of citizens of Nashua are affected by the closing of the Union Loan and Trust Company. of Sioux City, It is said that $200,to of the company's stock is held here. The belief here is that the suspension is and that no loss will result. BOSTON, April 27 .-The Sioux City Inmement Company this morning, on a judgment obtained last December for $58.is levied on the charter franchises and all other Bridge property of the Pacific Short Line and the River It IS Missouri Company Bridge its Company. successor, understoad that this action is merely precautionary. in view of the recent failures here LANGING. Mich. April 27.-The Ingham County Savings bank closed this morning, and is in the bands of a commissioner of banking Little is known of the cause, the bank officers The failare said to are is have been are reticent. caused by the failof the Peninsular of to an to furnish tros. keep agreement Savings bank, De- the Ingham County bank enough currency to the do business closing The was bank without commissionersays his advice. Rewould have advised against it. All'the bank directors in the city are in confersace The situation is extremely critical.

5. April 28, 1893 St. Paul Daily Globe Saint Paul, MN
Article from St. Paul Daily Globe, April 28, 1893

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IN FINANCIAL STRAITS. One More Sioux City Assignment -A Bank's Doors Closed. SIOUX CITY, April 27. - Edward Haakison. president and treasurer ot the failed Sioux City Dressed Beef and Canning company, and president of the Washington Park Street Railway company, made an individual assignment to E. B. Spaulding today. Assets and liabilities not obtainable at present. The Boston Investment company this forenoon, on a judgment obtained Dec. 15, 1892, for $58,544, levied on the charter, franchises and all other property of the Pacific Short Line Bridge company and its successor, the Missouri River Bridge company. The precautionary measure was taken by the investment company because of the recent failures here. PONCA, Neb., April 27. -- The financial flurry at Sioux City has had its effect at this place, and the First National Bank of Ponca has been forced to close its doors. The suspension is due to the failure of the Union Loan and Trust Company of Sioux City. When the flurry struck Sioux City, the banks of that place began calling in their funds in order to strengthen themselves against the run. It was a heavy creditor of the Ponca institution, and the result was when their draft was honored by the local bank it found itself without money to do business. POTTSVILLE, Pa., April 27.- The shoe manufacturing firm of Shoener & Co., at Orwighsburg, has failed, oxecutions having been executed for a sum exceeding in the aggregate $30,000. Ex-State Senator Shoener is the head of the firm. LANSING, Mich., April 27.-The Ingham County Savnigs bank closed its doors this morning. It is the back on which the run began April 19. At that time Bank Commissioner Sherwood made a speech which calmed the excitement for the time. The closing of the bank is due to its inability to realize on securities. The directors met last night and decided it would be best to close the bank for a time. They attribute the bank's difficulties to the unsatisfactory condition of the money market as much as to the Barnes failure.

6. April 29, 1893 Rock Island Daily Argus Rock Island, IL
Article from Rock Island Daily Argus, April 29, 1893

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ABBREVIATED TELEGRAMS. In getting into a hack at New York President Cleveland cut his head and had to go back into the hotel and have the cut plastered before he could proceed to the review festivities. Mrs. Cleveland was not taken ill on the Dolphin. The exercises were behind time and she had to leave before they were over, in order to catch her train to Washington. Baby Ruth was at Washington. A panic occurred in the Methodist church at Fairview, Pa., and in the crush eight persons were severely bruised, none fatally. Four women were severely hurt, three having broken limbs, at a corner stone laying at Cincinnati. The first Virginia woman to apply for and receive a medical certificate authorizing her to practice her profession is a colored woman, Sarah S. Jones. John Manners, a diminutive tramp of e years, has passed through Denison, Tex., en route to the city of Mexico. He claims to hail from Portland, Ore., plays poker, drinks whisky, swears and is good with a gun. Obituary: At New York, Banker Isaac Ickelheimer, aged 58. At Batavia, Ills., Dr. R. J. Patterson, aged 76. At Wabash, Ind., Charles Heston, aged 95. At Oshkosh, Wis., George M. Williamson, aged 63. At Saginaw, Mich., Rev. C. L. Eberhardt, aged 62. At Beaver Dam, Wis., exMayor E. Elwell, aged 77. Til Julian, a yardmaster, fell from a coal car at Washington, Ind., and was killed. Mgr. Satolli's power in the Roman Catholic church in America seems to be absolute. The papal legate, in a deposition in the Tracy-Leahy case at Swedesboro, N. J., testified that he was sent to the United States by the pope as his sole representa. tive in the church, with jurisdiction over Roman Catholic authorities in America; that his authority was supreme; that his decisions or affirmances of decisions of the bishops of the country were final, and that there was no appeal from his sentence. White Republicans representing ten of the twenty-two wards of Baltimore have issued an :address to the Republicans of Maryland asking that the whites and negroes be divided into separate clubs. The escaped Singmarderers, Thomas Pallister and Fran Rohle, are believed to be in hiding in the fastnesses of Mount Washington, near Great Barrington, Mass., where men could hide for months if well provisioned. The First National bank, of Ponca, Neb., has closed its doors because of losses by the failures at Sioux City. Rev. W. T. Hogg, president of Greenville (III.) college, has been selected bishop of the Free Methodist church of North America. Alonzo K. Florida, one of the best-known real estate men in the west, has commited suicide with poison at St. Louis. Financial trouble was the cause. The Trans-Mississippi congress, in session at Ogden, unanimously passed a resolution favoring the free coinage of silver. H. C. Frehheimer & Co., wholesale liquor dealers of Detroit, Mich., have made an assignment.

7. April 29, 1893 The Madison Daily Leader Madison, SD
Article from The Madison Daily Leader, April 29, 1893

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Nebraska Bank Failure. PONCA, Neb.. April 29.- 1 The financial flurry at Sioux City has had its effect at this place and the First National Bank of Ponca has been forced to close its doors. The suspension is due to the failure of the Union Loan and Trust company of Sioux City. Ex-Congressman Greer W. Dorsey is president of tho bank..

8. May 11, 1893 Echo De L'ouest Minneapolis, MN
Article from Echo De L'ouest, May 11, 1893

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Faillittes. Les faillites sont à l'ordre du jour aux Etats-Unis, le pays de co cagne de nos annexionnistes. Sont en déconfiture, la Pennsyvvanie Steel Company, capital $10,000,000; la "YAtes and Lewis Co," de Rochester M. H. H. Warner. A cette liste il faut ajouter la faillite de la First National Band, de Ponca, Nebraska. Celle de Ferris et Kimball, de W. L. Patton et Cie, de F. M. Lockwood et Cie ces trois dernières à New-York. La première à été annoncée à la Bourse de New York à midi 45 la deuxième à une heure 45 et la troisième à une heure 55. La "Chimical National Bank" de Chicago a suspendu ses paiements. Passif 900,000 dollars. La Banque Victoria de Melbournes a suspenda ses paiements. Le montant de depôte dans cette banque eat de plus de 35,000,000 de dollare.

9. May 16, 1893 Evening Star Washington, DC
Article from Evening Star, May 16, 1893

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Bank Receivers Appointed. The controller of the currency has appointed David Armat to be receiver of the First National Bank of Little Rock, Ark. Mr. Armat settled up the affairs of the Fidelity Bank of Cincinnati. Mr. Eckels also named Albert Watkins as receiver of the Ponca National Bank of Nebraska.

10. May 17, 1893 St. Paul Daily Globe Saint Paul, MN
Article from St. Paul Daily Globe, May 17, 1893

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First National Bank of Cedar Falls, Io., Suspends Payments WATERLOO, 1.0, May 16. The First National bank of Cedar Falls suspended close of business yesterday. being the assignment of & Brother, which involved at M. the Fields by was William filed this and who a stock. Field & are ity of morning the control Brother majorthe largest importers of draft horses in the West. among coach decline and is due to the which they of the at $100,000 to and estimated failure stock liabilities $150,000, handle. bank the Fields while their The are in the personal liabilities of will be fully as much more. No state- The ment of assets can be given as yet. resources consist of 125 imported draft of coach horses, and vast tracts and land in Iowa, the Dakotas and Kansas. The bank is in the hands of the comptroller of the currency. It is said to all be solvent, and will be able to pay claims in full. The creditors. 152 in number, are mostly farmers from the surrounding country. WASHINGTON, May 16. -Comptroller Eckles has bean informed of the failure of the First National bank of Cedar Falls, Io. Bank Examiner John McCough has been ordered to take charge of the bank. The comptroller today appointed Albert Watkins, of Lincoln, Neb., receiver of the First National bank of Ponca, Neb. He also appointed David Armstrong, of Little Rock. Ark., receiver of the First National bank of Little Rock, vice Logan H. Root, resigned. GRAND RAPIDS Mich. May 16.-In the United States circuit court today a decree in foreclosure was handed down, and a judgment in favor of the Farmers' Trust and Loan company, of New York, the for $36,397.80 was entered against The Toledo & South Haven railway. road is thirty miles long, narrow gauge, and runs from South Haven to Lawton. BLOOMINGTON. III., May 16.-The Exchange Bank of Normal, a suburb of this city, closed its doors today. It was private banking institution, conducted a H. Schuereman, and the cause is business without has been expected some average $90,000, was supposed to be May 6.-Erastus doing The tal by The NEW W. stock deposits crash YORK, adequate $95,000, and capital. Wiman timer capi to made a general assignment Lawyer today David Bennett King, of 44 Pine The assignment was signed by Mr. and Assignee would not make any street. Wyman Wyman King. that formal Mr. the statement. He merely said assignment was without any preference. MILWAUKEE, May 16.-H. Penner & whose bedding factory was burned today. Co., last week, made an assignment Assets. $20,000; liabilities, not stated. MONROEVILLE, Ind., May 16.-The Bank of Monroeville, which its doors last Friday a on hour had depleted its closed Citizens' one after business cash run of has opened its doors for that it hand, this morning, with a statement inwould pay dollar for dollar ou all debtedness. NEW YORK, May 6.-An attachment $95,000 against the West Superior the for Iron and Steel company in favor ot of Atlantic Trust company, the trustée Cecil B. Griffith, was granted by attach- Judge Andrews today. Copies of the Cenhave been served upon the tral ment Trust company and Knickerbocker Trust company. PITTSBURG, May 16. - Judgments been entered in court here today have against the Godfrey & Clark Paper bringing the total against the company, up to $94,000. The firm hopes, and however, company to weather the trouble soon resume business. CHARLESTON, S. C., May 16.-The with of the Bank of the Carolinas, doors office at Florence, this state, closed home today with a notice of temporary suspension until a meeting of the directThe capital stock of the bank is ors. $60,000. It has branches at Kingstree, nearly Conway, Williston and Varn- in ville, in this state, and several towns North Carolina. It is belleved that the bank has assets to cover all indebtedness. Stringency of the money market and consequent inability to realize on securities held by the bank is the cause of the failure. SIOUX CITY, 10., May 16. - E. B. assignee for Ed Haakinson's to. filed his schedule of The total value of assets day. estate, Spalding, values to which he will have access is $24,245, as against Haakinson's scheduled total of $1,877,7SS, a discrepancy of The explanation is that of the the $1,853,534. bulk securities hypothe- originally scheduled had been cated previous to the failure. In the matter of the Sioux City Dressed Beef and Canning company assignment. also H. J. Taylor, as assignee, the filed an amendment to schedule of assets which place the total valuation of available property at as against the assignée's valuaa discrepency difference in valuation is also attributed to the 841. $38,257, case tion of The $836,198, amounts hypotheca- of in $797, this of tion of securities, large the which have been floated through nany. defunct Union Loan and Trust com-

11. May 18, 1893 The Indianapolis Journal Indianapolis, IN
Article from The Indianapolis Journal, May 18, 1893

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Business Embarrassinents BALTIMORE, May 17.-The Baltimore Forwarding and Railroad Company made an assignment to Winfield J. Taylor this afternoon. Differences among those interested in the management of the road 18 said to have been the real cause of the trouble. The company was incorporated by the Legislature of 1892 for the purpose of reconstructing and operating the Baltimore & Lehigh railroad, which extends from Baltimore to York, Pa. Its interests are concentrated, and the assignment does not affect any other road or busine. a here. WASHINGTON, May 17.-Controller Eckles has been informed of the failure of the First National Bank of Cedar Fails, la. Bank Examiner John McHugh has been orGered to take charge of the bank. The Controller bas appointed Albert Watkins, of Lincoln, Neb., receiver of the First National Bank of Ponca. Neb. He also appointed David Armstrong. of Little Rock, Ark., receiver of the First National Bank of Little Rock, vice Logan H. Root, resigned. NEW YORK, May 17.-The following un. official statement of the status of the National Cordage Company was circulated on the street to-day: The figures of assets and liabilities of the National Cordage Combany will show assets in excess of liabil-

12. May 19, 1893 The Goodland Republic Goodland, KS
Article from The Goodland Republic, May 19, 1893

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Looking After Bursted Banks. WASHINGTON, May 17.-Comptroller Eckles was Tuesday informed of the failure of the First National bank of Cedar Falls, Ia. The capital of the bank was $50,000. Bank Examiner John McHugh has been ordered to take charge of the bank. The comptroller has appointed Albert Watkins of Lincoln, Neb., receiver of the First National bank of Ponca, Neb.

13. May 26, 1893 Union County Courier Elk Point, SD
Article from Union County Courier, May 26, 1893

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Excitement runs high at Ponca over the failure of the First National bask. The Ponca Journal of last steck has the following: The wreck has created the utmost consternation and excitement. There are some who had deposited their every cent they had in the world, and the cold blooded infaniv and cruelty in not giving some hiut to them, so they night draw it out before the crash came, is a feature which excites an indiguation, which is hard, and every day grows harder, to supprees. But such feelings must be kept under the rule of reason, and reckless acts, born of avaidad. We are informed that one man tried to hoot Mr. Dorsey ou Tuesday evening. The man had sold his house and the proceeds he put in the bank for safe keeping. It was all he had, and the thought of himself destitute and his family without a home maddened him beyond reason.

14. May 31, 1893 Rock Island Daily Argus Rock Island, IL
Article from Rock Island Daily Argus, May 31, 1893

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ABBREVIATED TELEGRAMS. Francis Bradley, of the well-known Chicago real estate firm of Baird & Bradley, is dead at his home in Evanston, Ill. He was 78 years old. William Henry, a brakeman; Frank Train, of Annapolis; William Mullainey, of Geneva, O.; John S. Layer, of Houtzdale, Pa,, and William Lock, of Newport, Ky., were killed and ten others badly hurt at Altoona, Pa., by the wreck of a circus train. Several lions and tigers got out and 'one of the wounded was bitten by a lion. Ex-Governor Fifer, of Iilinois, delivered the Memorial Day address at Peoria. Mrs. Crosby, who lives near Hazelhurst, Ga., shot a tramp dead who tried to outrage her. The diocesan convention of the Chicago Episcopal diocese is in session. Weaver, Getz & Co., the suspended Chicago coal firm, Assignee D. V. Purington believes, will be able to resume. He thinks also that there is an excellent prospect that the firm will pay 100 cents on the dollar. Henry Mansfield, one of the pioneers of Peoria, Ills., was found dead in his office. Obituary: At Winona, Minn., Philo P. Hubbell, aged 94. At West Bridgewater, Pa., Mrs. Jane Baumgardner. aged 97. Fred Berry, a 19-year-old Chicago boy, committed suicide at Lima, O. Colonel George M. Sternberg is to be surgeon general of the United States army, to succeed General Sutherland, retired. The venerable Journal of Commerce, at New York, has been sold to the proprietors of its younger rival, The Commercial Bulletin. Kansas bankers who have adopted the new rule of the Kansas City Clearing House association to govern charges for drafts and checks on out-of-town banks are now threatened with arrest under state law for going into a trust. The National Bank of North Dakota, at Fargo, and the First National bank, of Dakota, two institutions of the E. Ashley system, have been closed. Frank M. Dorsey, cashier of the First National bank of Ponca, Neb., which recently failed, has been indicted for falsifying the accounts of the bank. The Worley bank at Ellettsville, Ind.. has failed. The liabilities are $35,000 and the assets $50,000. Colonel J. Albert Mills, acculled of embezzling funds of the Victoria mills. of which he was agent, at Newburyport, Mass., and for whom warrants are issued, is believed to have gone to Canada. Oregon papers report the marriage of Miss Grace Penney to William Nickel.

15. June 4, 1893 The Times Richmond, VA
Article from The Times, June 4, 1893

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PRICE THREE CENTS ed, have taken fright at the Plankinton Bank failure, and have disregarded the causes of that failure, which the business men represent to be only the careless and foolhardy speculations of one man. The Commercial and the Second Ward Banks were crowded to-day with depositors in the savings departments, who are giving notice in order that at the end of the thirty or sixty days, which ever it is, according to the law in their case, they will withdraw their savings. The officials of both institutions, however, feel no alarm. Defunct Bank Cashier Imprisoned. OMAHA, NEB., June 3.-Cashier Ezra D. Higgins, of the defunct First National Bank, of Ponca, Neb., was imprisoned here yesterday on the indictment charging him with complicity in the wreckage of the bank. The president, Dorsey, has not yet been arrested. Other Failures. GLADSTONE, MICH., June 3.-The Exchange Bank last night made an assignment for the benefit of its creditors, and has closed its doors. The suspension was caused by the failure of the Plankinton Bank, of Milwaukee, and the outcome depends entirely on the latter institution. No statement of the bank's condition has yet been made.

16. November 16, 1893 Union County Courier Elk Point, SD
Article from Union County Courier, November 16, 1893

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The bill of I.P. Asbjeld for building a bridge, after being allowed by the county board of commissioners last Thursday was attached to satisfv a claim of $139. held by the Goodhue Wind Engine Company of Minnesota. The lecture at the Baptist church Tuesday evening was not as largely attended as it should have been, but those who were present enjoyed a rich treat in Rev. Grant Houslon's description of his travels through the Holy Land. Rumor has it that the time card on the Milwaukee railway will be changed between now and Dec, 1. The change will result in the arrival of the passenger trains from Sioux City two or three hours earlier while the train from the north will get here about 5 o'clock. A fair attendance at the Hon. E. T. Langley in his lecture on Friday evening upon the subject of "A Soldier's Life," the proceeds being for the benefit 08 the G. A. R. post. An alarm of fire disturbed the audience to some extent, but after a brief recess the lecturer resumed his discourse. In this issue will be found the official vote of the county upon state and district candidates. In the to tals the republicans lead by over 100 over the populists in their candidates for supreme court, while Judge Smith has a majority equally as big over the combined vote of his OM The city daddies of Beresford have made a contract with their new mill company to furnish them ; arch electric lights at the rate of 335 per month, which amounts to Year. red $2.82 10 триош 11 $210 This will add considerably to the city taxes of Beresford. Sioux City bays $16 for each of her arch lights J! SR surees 11 TIS "WH pm price Riq 1? SUM 98 A 20 per cent dividend has been leclared for the benefit of depositors y Receiver Watkins of the defunct First National bank of Ponca. which vas wrecked by the "Napoleon of Inance" Dorsey. The Ponca Joural in speaking of the receiver's etion states: "and the dividend am pus eq 11008 II!^ would not be surprised if the depostor's eventually received nearly the aroup 10 aloys There will be a game of foot ball Monday, November 20, between the CIK Point team and the Vermillion University "kickers," which promses to afford considerablesport, and vill undoubtedly be closely contestin paul 111" June PUL P MIST on jo ALL and 819 Point term are: T Sheehan, O. fohnson, E. E Wenner, W. Carter 3. Smyth I. Lynch, T. Wiseman, pur in "I 'A' 3 Chas. Mallahan in writing of the rrival of his family nt Heron Lake, Minn., in last weeks News, states he fact in the following language: Our better ball with the whole ribe arrived Tuesday morning of his week and much of our time as been occupied in straightening hings around over at the house, neglecting the News to some extent. Enting your meals on a barrel head, outting up beds and monkeying 01 qus! qui good newspaper work. The Chemical Hose Co. No. 1 and he hook and ladder boys were huridedly called out by an alarm of check 1he 01 uoou 10 no in bat Alex Bovee's residence was beng consumed by the fire fiend. Before the fire Inddies could get here and show off what they could lo with their new machinery the tire vas put out. It seems that the loor under the kitchen stove had aught fire, burning through, thus reating a draft between the rafters, mej V snoights 1! any U 10 applications of water by the bucketall in the right spot saved the tructure. F. Ferguson, agent for Ed Knott of Waverly, Id., is having good sucess in selling the celebrated Ohldnberg coach horses on exhibition t the world's fair and was awarded y A gold and a silver medal by the ommissioners, which was a great victory for Ohldenberg. Mr. Furuson returned to Waverly vester-

17. January 16, 1895 The Wichita Daily Eagle Wichita, KS
Article from The Wichita Daily Eagle, January 16, 1895

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OUTCALT IS IN FOR IT. Indicted for Assisting President Mosher to Wreck a Bank. Omaha, Jan. 15.-As a sequal to the wrecking of the Capital National bank at Lincoln last year, through which over a million dollars was stolen and President Mosher sent to the penitentiary for five years, the federal grand jury today returned an indictment against R. C. Outcalt, a prominent Lincoln citizen for aiding Mosher's wrecking plan. Outcalt was cashier of the Capital National bank. The indictment was found after taking testimony of Receiver Hayden, Bank Exminer Lings and directors, depositors and employes of the bank for four weeks or so. The theory of depositors has been that not Mosher alone was culpable. They have always believed that Outcalt at least should be brought up to determine whether he should not have opposed Mosher's schemes to plunder the vaults. Outcalt and his friends appear to have been recently aware that the case was under investigation and Outcalt made several trips to this city prior to the holidays, as did also some of his relatives. After the holiday recess Judge Dundy called the grand jury before him and told them that he had heard that some person, proved to be an outsider, had been blackmaling parties in a certain case and pretending to be able to control the grand jury and keep it from indicting if he were paid $4,000. The court wanted this person xposed and punished if there was any law to reach him. This story is alleged to have come from those trying to bleed Outcalt. For being mixed up in the failure of the Ponca National bank, ex-Congressman George W. E. Dorsey and brother were indicted. The grand jury has also voted indictments against Mosher anew It is said several persons of prominence in Nebraska connected with recent bank failures have also been indicted.

18. January 16, 1895 The Anaconda Standard Anaconda, MT
Article from The Anaconda Standard, January 16, 1895

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FERRETING our THE FRAUDS. Nebraska Bank Wreckers Finding It Hot Enough For Them. OMAHA, Jan. 15.-As a consequence of the wrecking of the Capital National bank at Lincoln last year, through which over a million dollars was stolen and President Mosher sent to the penitentiary for 15 years, the federal grand jury to-day returned an indictment against R. G. Oùtcalt, a prominent Lincoln citizen, for aiding Mosher's wrecking plan. Outcalt was cashier of the Capital National bank. The indictment was found after taking the testimony of Receiver Hayden, Bank Examiner Lyons and the directors and depositors and employes of the bank. For being mixed up in the failure of the Ponca National bank. ex-Congressman Dorsey and his brother were indicted. The grand jury has also voted indictments against Mosher anew. It is said several persons of prominence in Nebraska, connected with the recent bank failures, have also been indicted.

19. January 16, 1895 The Salt Lake Herald Salt Lake City, UT
Article from The Salt Lake Herald, January 16, 1895

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BANK WRECKERS. Prominent People of Lincoln, Neb., Are Indicted. Omaha, Jan. 15.-As a consequence of the wrecking of the Capital National bank at Lincoln last year, through which over a million dollars was stolen and President Mosher sent to the penitentiary for five years, the federal grand jury today returned an indictment against R. C Outcalt, a preminent Lincoln citizen, fot aiding Mosher's wrecking plan. Outcalt was cashier of the Capital National bank. The indictment was found after taking the testimony of Receiver Hayden, Bank Examiner Lyngs and directors, depositors and employees of the bank for four weeks or SO. The theory of depositors had been that not Mosher alone has been culpable. They have believed that Outcalt at least should be brought up to determine whether he should not have opposed Mosher's schemes to plunder the vaults. Outcalt and his friends appear to have been recently aware that the case was under investigation and Outcalt made several trips to this city prior to the holidays, as did also some of his relatives. After the holiday recess Judge Dundy called the grand jury before him and' told it he had heard that some person, supposed to be an outsider, had been blackmailing parties in a certain case, and pretending to be able to control the grand jury and keep it from indicting if he were paid $4,000. The court wanted this person exposed and punished if there was any law to reach him. This story is alleged to have come from those trying to bleed Outcalt. For being mixed up in the failure of the Ponca National bank, ex-Congressman George W. E. Dorsey and brother were indicted. The grand jury has also voted indictments against Mosher anew. It is said several persons of prominence in Nebraska connected with the recent bank failure have also been indicted.

20. January 16, 1895 The Morning Call San Francisco, CA
Article from The Morning Call, January 16, 1895

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MAY JOIN THE PRESIDENT. Outcalt, the Cashier of a Wrecked Bank, Indicted. Blackmail Now Appears to Figure in the Collapse of the Capital National Savings Concern. OMAHA, Jan. 15.-As a consequence of the wrecking of the Capital National Bank, at Lincoln last year, through which over $1,000,000 was stolen and President Mosher sent to the penitentiary for five years, the Federal Grand Jury to-day returned an indictment against R. C. Outcalt, a prominent Lincoln citizen, for aiding Mosher's wrecking plan. Outcalt was cashier of the Capital National Bank. The indictment was found after taking the testimony of Receiver Hayden, Bank Examiner Lyngs and the directors, depositors and employes of the bank for four weeks or so. The theory of the depositors had been that not Mosher alone has been culpable. They have believed that Outcalt, at least, should be brought up to determine whether he should not have opposed Mosher's scheme to plunder the vaults. Outcalt and his friends appear to have been recently aware that the case was under investigation, and Outcalt made several trips to this city prior to the holidays, as did also some of his relatives. After the holiday recess Judge Dundy called the Grand Jury before him and told it he had heard that some person, supposed to be an outsider, had been blackmailing parties in a certain case and pretending to be able to control the Grand Jury and keep it from indictment if he were paid $4000. The court wanted this person exposed and punished, if there was any law to reach him. This story is alleged to have come from those trying to bleed Outcalt. For being mixed up in the failure of the Ponca National Bank ex-Congressman George W. E. Dorsey and his brother were indicted. The Grand Jury has also voted indictments against Mosher anew. It is said several persons of prominence in Nebraska connected with recent bank failures have also been indicted.

21. October 24, 1897 Omaha Daily Bee Omaha, NE
Article from Omaha Daily Bee, October 24, 1897

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# CASE AGAINST CASHIER DORSEY. Assistant Receiver of the Bank on the Stand All Day. LINCOLN, Oct. 23.-(Special Telegram.)- In the Dorsey case considerable testimony was handled today, but the state has not rested its case yet. W. E. Barkley, assistant receiver of the Ponca bank, was on the stand nearly all day engaged in looking over the books of the bank and tracing the notes and showing what ones were on hand December 9, 1892, and March 6, 1893, two dates upon which Cashier Dorsey is said to have sent to the comptroller of the currency false reports as to the financial status of the bank. The notes which Mr. Barkley said were on hand but not reported were signed by the different directors, either as principals or sureties. The government avers that the notes aggregated something like $35,000 or $40,000, while the comptroller received a report that the directors' liabilities amounted to only $10,000. Yesterday evening Mr. Barkley was also on the stand for the purpose of showing that the rediscounts reported to the comptroller did not agree with the amount of the same reported on the books of the bank. No evening session was held tonight. The case will be taken up again Monday afternoon.