12179. Devils Lake State Bank (Devils Lake, ND)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 1, 1886*
Location
Devils Lake, North Dakota (48.112, -98.876)

Metadata

Model
gpt-5-mini
Short Digest
04bce128

Response Measures

None

Description

Newspaper articles from Jan 1886 report the Devil's Lake bank suspended and mention the cashier absconding to Canada and a receiver appointed who furnished bonds. No article describes a depositor run prior to suspension; evidence points to suspension and receivership following cashier malfeasance/absconding.

Events (3)

1. January 1, 1886* Other
Newspaper Excerpt
Reuben Noble, of the Devil's Lake, ... has pointed has receiver farnished bonds gives in $10,000 universal satisHis appointment ... to the people of that ... City fied. to the people ... his appointment city. City fied. to the people of that of the Tower ... has receiver furnished bonds $10,000.
Source
newspapers
2. January 1, 1886* Receivership
Newspaper Excerpt
Reuben Noble, of the Devil's Lake, ... has pointed has receiver farnished bonds gives in $10,000 ... His appointment ... gives universal satisfaction to the people of the city.
Source
newspapers
3. January 1, 1886* Suspension
Cause
Bank Specific Adverse Info
Cause Details
Cashier reportedly absconded to Canada; implied embezzlement or malfeasance led to suspension.
Newspaper Excerpt
Where was Col. Pat Donan when the Devil's Lake bank suspended! ... what a cruel blow the cashier deals the reputation of Dakota ... when he so gladly betakes himself to the more hospitable climate of Canada!
Source
newspapers

Newspaper Articles (2)

Article from St. Paul Daily Globe, January 26, 1886

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Article Text

Dakota's Wrecked Bank. Philadelphia News. Where was Col. Pat Donan when the Devil's Lake bank suspended! And where are the wages of the eleven hundred thousand virgins who went at Col. Donan's suggestion to be servant girls in Dakota? The colonel should catch that cashier if he has to follow him all the way to Nova Zembla. But what a cruel blow the cashier deals the reputation of Dakota as a mid-winter resort when he so gladly betakes himself to the more hospitable climate of Canada!


Article from The Hope Pioneer, January 29, 1886

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Article Text

two. ings the past council week or of Jamestown of water has decided works, The city artesian system Nov. 1, 1886. of to put completed in an on or before formerly for to The be trial of Jonas shooting Wheeler, a man at Michweek. a to Quite Litchfield, begins Minn., at Devil's Lake next is coming in the spring, igan City, colony from Michigan and various the Larimore are presenting region inducements to arrest them. at localities W. M. Hollister, under on technicalities Sioux The Falls case appearing of for perjury, in the was papers dismissed before the Fort ico and justice. named T. B. Lane, fallen who through lived at river the Pierre, A man is been supposed drowned to have in the Missouri himself recently. named J. H Clark, who claimed shot to be a resident valued at $5,000. near A man Chicago of Pierre, the other where day, he owned property of Walsh The school clerks and fund treasurers and will test the liability required by the act of county have of the made county up a 1883. to pay their salaries as in A buffalo bull that has or been three domesticated years, has lateBarnes been county shipped for east two to some zoological garden of as ly wild native of the plains. Hopkins The a jury in the tried slander at Fargo case last week, veragainst Campbell, out over 40 hours, brought in a after dict in being favor of the defendant. who made party of Otsego lumbermen beating the participants and the grand jury at raid A on a dancing cleaning party, out the Montevedio. house, have been the Stephens, Sheriff held A post to mortem on Hawks, the body of of Cavalier county, the from man shot that by the injuries resulting of his were alone county the as shows shooting has sold the in cause Walworth death. says Hard $25 coal a ten, but the local than paper individuals. a for high county as pays 86 a railroad ton more the coming season. organbusiness men a They The R hope milling company, capital of Rapid $50,000, capital City have and $60,000; a street gypsum ized company, with a capital of $100,000. the railway company considerable freight train over twenThe branch first road to Yankton Chicago. comprised The stock new shipments ty-three cars from of that cattle section for are becoming quite been aplarge. Reuben Noble, of of the Devil's Bank Lake, of Devil's has and quali- Lake, and pointed has receiver farnished bonds gives in $10,000 universal satisHis appointment city. City fied. to the people of that of the Tower sentenced his faction Mr. Smith, the secretary to jail for thirty time days Social to pay club, $200 fine. spends insist most upon of the county Fargo, board and and in and does not irrigation bills. night mile paying The council his of for Huron a street last railway Saturday to of Frank road L. before to be the granted Sheldon. a charter of Lincoln, Neb., Dec. one 1, 1887. It also voted completed $500 in aid of territorial at Huron fair. from WashPrivate letters received an agreement has parties been ar- for ington state between that the leaders of with both Washingand ton few weeks. the rived admission at Montana, of Dakota and that along it will be done Mortgage within The Colonial and United money States very largely mort- in company, which loans a new form and of the North, which has requires both interest loan pal to to be adopting gage, be paid in gold. the same rule. are said adopted Presbyterian Other companies college princi- at Jamestewn The trustees has of decided the to as soon push as through the weath- the May construction of the college They have advertised 1. The will college 28, er for perinita bids to in have the material be spring. open to on students the ground September has 1886. jary of Brown county, nearly Dak., every sareturned The grand indictments county. against Several druggists of loon keeper in the the victime, and have a number also been are also among of houses of ill fame also asked the county keepers indicted. The grand to grant jury no more license. burned commissioners barn in Fargo for stock was sales released. was The A week. All the stock by Mr. Taylor, of Missouri, It was last owned McCormack. building was occupied by Mr. insured for $400 and was at $700, and was The fire is supposed stove. to valued the City of London. falling apart of a first have Walsh started county, from Dakota, wonderful the is entitled productiveness to the of of place when the speken of. Mrs. Hammer, and two the Northwest is given birth to triplets girls, being that county, twins, has the last, a pair of true Dakotan sets only raises of a his few hat days when old. speaking Every of the patriotic road, lady. Emigrant Agent Powell, for emigration of theSt. Paul to than Central for says that the the coming outlook spring "It will is greater be far ahead emi- of two Dakota years previous. said Mr. Powell. England "The states, the rush will of '88," be from the New and the counties to Indiana, McPherson, gration Pennsylvani Edmunds, and Walworth, be filled are and Emmons. as Logan Pillsbury to the McIutosh, The recent statement Grand of Forks, in deprecating that there officer at in elevators, elicits the from the Pillsbury seasing the taxing very little of the profit C.L. grain in Williams the elevators, that elevator when C.S. firm Hulbert worth $10,000, as his share of is he was and was the current statement last was spring, not went into It paid but he has impression withdrew brought the fatness profits $1, 500,000. that their grain to market. of wheat-grewers to many peckets on its journey be will profuse The Ice Carnival the at Pieneer St. Paul Press during while Feb- to illustrated by well worth your longer, ruary, subscribe ly and at it once will be for a month, if net