12225. Citizens National Bank (Fargo, ND)

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 3602
Charter Number: 3602
Start Date: January 2, 1897
Location: Fargo, North Dakota (46.877, -96.790)

Metadata

Model: gpt-5-mini
Short Digest: 4a05f8e6

Response Measures

None

Description

Multiple contemporaneous articles report the National Bank Examiner Anheier (Anheimer/Anheir OCR variants) took possession on Jan 2, 1897; no run is described. Comptroller later appointed Examiner Anheier temporary receiver (reported Jan 7) and the bank was wound up (stockholder assessment June 9, 1897; dividends paid Oct–Nov 1897). Thus the bank suspended and was placed in receivership/closed permanently.

Events (6)

1. January 2, 1897 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Accounts were slow and cash items were largely unavailable; examiner deemed it best to close the institution (liquidity/embarrassment of bank).
Newspaper Excerpt: Fargo, N. D., Jan. 2.-National Bank Examiner Anheier took possession of the Citizens' National bank at 2 o'clock this afternoon.
Source: newspapers

2. January 7, 1897 Receivership

Newspaper Excerpt: The comptroller of the currency has appointed Bank Examiner Anheir receiver of the Citizens' National Bank of Fargo, N. D. Both of these appointments are temporary pending resumption.
Source: newspapers

3. June 9, 1897 Other

Newspaper Excerpt: Comptroller Eckels has ordered an assessment on the stockholders of the Citizens' National bank of Fargo, N. D., of 100 per cent. This will enable Receiver Anheier to pay all approved claims and also other expenses incidental to winding up the affairs of the bank.
Source: newspapers

4. October 29, 1897 Other

Newspaper Excerpt: Checks were received this morning from the comptroller of the currency for payment of the 20 per cent dividend recently declared in favor of creditors of the Citizens' National bank. Receiver Anheiner will distribute the funds at once.
Source: newspapers

5. November 1, 1897 Other

Newspaper Excerpt: Checks were received during the morning from the comptroller of the currency for payment of the 20 per cent dividend recently declared in favor of creditors of the Citizens National bank. Receiver Anheiner will distribute the funds at once.
Source: newspapers

6. January 30, 1904 Other

Newspaper Excerpt: In a suit by the state against the bondsmen of the Citizens' National bank of Fargo to recover for state funds deposited there, the defendants set up the statute of limitations, as the bank failed six years ago. ... The receivership paid about 50 cents on the dollar.
Source: newspapers

Newspaper Articles (21)

1. January 2, 1897 Rock Island Argus Rock Island, IL

Article from Rock Island Argus, January 2, 1897

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Failures of the Day. aha, Jan. 2.-The Omaha Sav1.60 bank failed to open this morning. The liabilities are $850,000, the assets $200,000 in excess of this. Cleveland, Jan. -Thirty judgments aggregating $85,000 were filed against the Dorner & Dutton Man facturing company and Derner Foundry company, among the largest car wheel manufacturers in the country. A receiver is applied for. Batavia, Ill., Jan. 2.-The Western Paper Bag company, one of von Norwick's plants, was placed in the hands of a receiver by the United States courts. Whitehall, Mich., Jan. 2. -The bank examiner took possession of the Whitehall savings bank today. Fargo, N. D., Jan. 2.-The Citizens' National bank failed this afternoon.

2. January 3, 1897 The Wichita Daily Eagle Wichita, KS

Article from The Wichita Daily Eagle, January 3, 1897

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First National of Cripple Creek-The Van Nortwicks Let the Western Paper Bag Company go-Car Wheel Companies Fail-Other Smashes. Omaha, Jan. 2.-The Omaha Savings bank failed to open its doors this morning, and it is in the hands of the state banking board. A meeting of the clearing house was held yesterday, à most unusual proceeding on a holiday, and it is presumed that they took action which caused the Savings bank to close. The total liabilities of the institution is $830,000, and the assets exceed this sum by $200,000. "The Omaha Savings bank was organized fifteen years ago," said General Manderson, its president. "It was started because of the apparent demand for such an institution in Omaho. It is the oldest bank of that character in the city and the only one that during its career has confined itself structly to the legitimate business of a savings bank. "The bank today owes $750,000 to its depositors and $140,000 to the commercial banks, making the total liabilities cost $890,000. Taking our real estate at our real estate and other securities have simply and at their face value, we liabilinearly $200,000 of assets beyond this While the bank is unable at it ties. to pay its depositors on demand take time amply solvent, and while it will be is time to realize, not a dollar will In some by any double liability addition lost to the the the the the stocknolders.whic the the stockholderswhich swells the amount to at least $1,200,000. expectation is that with careful bank management My of the affairs of the will closing its business, much labor with in saved. The simple fact is that dedebtors be of a bank in these times of and pression unable to pay their loans the cash reserve having run below 5 our cent required by law, for the protec- close per of our depositors, we had to business. tion The community need feel it." no alarm, for there is no necessity for BANK FAILURE AT FARGO.® Minneapolis, Jan. 2.-A special to cit- the Journal from Fargo, N. D., says the izens National bank failed this afternoon. SIXTY DAYS NOTICE WAIVED. Minneapolis, Jan. 2.-The Farmers and Mechanics Savings bank has decidto waive its privilege of demanding of ed sixty days notice before withdrawal a deposits. This is taken to indicate cirmuch better feeling in local banking cles. RUN AT CRIPPLE CREEK. Cripple Creek, Colo., Jan. 2.-There has been a run today on the First National bank which, the bank's officers say, was caused by the circulation of a report by that the bank would not open today, man whon, they had refused a loan. a Small depositors formed in line and were A paid. No big deposits were touched. special train was run from Colorado Springs with $50,000. President Parker than "We have on deposit more be enough said: to pay every dollar, should it demanded, but only small depositors seem anxious, and business men, mining men and personal friends are depositing more than is being drawn out." VON NORTWICK'S AFFAIRS. Chicago. Jan. 2.-The Western Paper company, one of the Van NortPag wick's plants, was placed in the hands of of receiver today by Judge Grosscup G. a United States court. William Stevens the was appointed receiver. No statement of assets and liabilities was but from the amount of the receiver's filed, bond, which was placed at $100,000, and the general statement of the attorthe liabilities will probably exceed neys, with assets about the same. $100,000, Confessions of judgment were made to N. Brokaw for $2,850 and to Karne- the Holmes H. & Krauthoff of Kansas City, latter firm filing a bill for the appointment of a receiver in connection with its attachment. CAR WHEEL COMPANIES AIL. Cleveland. O., Jan. 2.-Thirty judgments, aggregating about $85,000, court have been taken in the common pleas the Dorner & Dutton manufacagainst turing company and the Dorner Found- are company. Both concerns, which among ry the largest car wheel manufacof the country. are practically An owned turers by H. A. and R. H. Dorner. application has been filed asking believed for the appointment of a receiver. It is that the assets will exceed liabilities many times over. BUCKLEN'S ARNICA SALVE. The Best Selva in the world

3. January 3, 1897 The News & Observer Raleigh, NC

Article from The News & Observer, January 3, 1897

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OMAHA BANK FAILURE. / The Usual Excellent Condition is Reported and Lack of Significance. Omaha, Neb., Jan. 2.-The Omaha Savings bank failed to open its doors this morning and is in the hands of the State banking board. A meeting of the clearing house was held yesterday, a most unusual proceeding on a holiday and it is presumed they took action which caused the Savings bank to close. Total liabilities of the institution is $850,000 and the assets exceed this amount by $200,000. The securities are excellent and but little loss can result to depositors. The bank has been existence for 15 years. It has no connection with any other bank and will not cause other Omaha institutions any inconvenience. FARGO'S BANK GOES. Fargo, N. D., Jan. 2.-The Citizen's National bank failed this afternoon. The bank is in the hands of the National bank examiner, Anheimer. The capital is $100,000. The president is H. F. Miller, Cashier, C. C. Schuyler. The bank's accounts were slow. The failure has had little effect in Fargo. THE BOOM COMING. Bethlehem, Pa., Jan. 2.-It was announced to-day that the Bethlehem Iron Company intends to renew operations in all its mills, giving employment to thousands of mon. The Blooming mill started to-day and the other departments will resume on Monday. The companies ordnance will continue running day and night. A large shipment of turret armor plates was made to-day for the Iowa. RUN ON CRIPPLE CREEK BANK. Cripple Creek, Col., Jan. 2.-There was a run to-day on the First National bank, which the bank's officers say was caused by the circulation of a report that the bank would not open to-day by a man whom they had refused a loan. Small depositors formed in line and were paid. No big deposits were touched. A special train was run from Colorado Springs with $50,000. THE BANKER GOES FREE. Denver, Col., Jan. 2.-Under| instructions of Judge Butler, who said the evidence was sufficient to convict, the jury in the district court to-day returned a verdict of not guilty in the case of Frank Atkins, president of the Colorado Savings banks, indicted on a charge of having

4. January 3, 1897 The Herald Los Angeles, CA

Article from The Herald, January 3, 1897

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THE BEST PRESCRIPTION he receivers acting "The Omaha Savings bank was organ3 to realize all they ized fifteen years ago," said Gen. Manbefore looking into derson, its president. "The bank today $ of the law. owes $750,000 to its depositors and $140,000 to the Commercial bank, making the to) was one of Mr. tal liabilities $890,000. Taking our real timate friends and estate at cost and other securities simply was the last man at their face value, we have nearly $200,nond. Mr. Palmer 000 of assets beyond liabilities. While Hammond' called at the bank is unable at this time to pay Evanston, which is depositors on demand, it is amply solalk from the house vent, and while it will take some time to ammonds, about 8 realize, not a dollar will be lost by any He remained there creditor or depositor. In addition to versation with Mr. the assets, there is also the double lia1 of the future, and bility of the stockholders, which swells to place Mr. Hamthe amount to at least $1,200,000." eet. Mr. Palmer IN NORTH DAKOTA. mmond frequently MINNEAPOLIS, Minn., Jan. 2.-A the general theme, special to the Journal from Fargo, N.D., ) to be entirely obsays the Citizens' national bank failed ce of any one. He this afternoon. an effort to underIN MICHIGAN. g said to him, but WHITEHALL, Mich., Jan. 2.-Bank aw plainly that Mr. Examiner Angell took possession and vas weakened and closed the Whitehall State Savings bank ere weighing more today. No statement is made. The last n had been noticed report showed deposits of $80,000; loans and discounts, $92,000. arrival home he PAID ALL COMERS. s room, and Mrs. CRIPPLE CREEK, Col., Jan. 2.-A run lmost Immediately was precipitated at the First National mbers Mr. Hambank today by a man to whom was rethe room about 2 fused: a small loop, saying the bank eir baby. The supwould not open today. Small depositors ammond left the formed in a line and were paid. No big fter this with only deposits were touched. A special train d a dressing gown was run from Colorado Springs with r his apparel was $50,000 belonging to President J. M. Parapparently as he ker. Parker said: "We have on hand ught by Mr. Palmer a deposit more than enough to pay every went directly to the d'ollar should it be demanded, but only lung himself in the small depositors seem anxious, and busi: said it was his ness men, mining men and personal ond had carried in friends are depositing more than is be: $60,000 of life ining drawn out." er said that ever BETTER FEELING PREVAILS. I of the articles reMINNEAPOLIS, Minn., Jan. 2.-The It he had not been Farmers and Mechanics' Savings bank : he worried about has decided to waive its privilege of des certain. manding sixty days' notice before withHammond is situdrawal of deposits. This is taken to d) boulevard, in indicate a much better feeling in local erected five years banking circles. 55 than $30,000. and

5. January 3, 1897 The Morning News Savannah, GA

Article from The Morning News, January 3, 1897

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FARGO BANK FAILS. All the Other Banks in the City in Good Condition. Fargo, N. D., Jan. 2.-National Bank Examiner Anheir took possession of the Citizens National Bank this afternoon. Little excitement was created, as the general opinion is that the embarrassment is only temporary. The statements of all the other banks published within the last two weeks are remarkably strong, and there was no run on any other institution.

6. January 3, 1897 The Saint Paul Globe Saint Paul, MN

Article from The Saint Paul Globe, January 3, 1897

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Fargo Bank Suspends. FARGO, N. D., Jan. 2.-National Bank Examiner Anheier took possession of the Citizens' National bank at 2 o'clock this afternoon. The officers of the bank are H. F. Miller, president; C.C. Schuyler, cashier. The last statement published at the close of business Dec. 17, shows bills payable and notes and bills rediscounted $55,000, with a capital of $100,000. Cash items were strong, about 50 per cent. but only little of it available. Little excitement was created, as it is the general opinion the embarrassment is only temporary. Statements of all other banks published within the last two weeks are remarkably strong, and there was no run on other institutions. The bank examiner and bank officials will make no statement until the examination is completed.

7. January 4, 1897 The Indianapolis Journal Indianapolis, IN

Article from The Indianapolis Journal, January 4, 1897

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Citizens' National Bank of Fargo. FARGO, N. D., Jan. 2.-Bank Examiner Anneir has been in possession of the Citizens' National Bank since 2 o'clock this afternoon. No statement of the affairs of the institution will be given out by either the examiner or officials till the examination of the books is completed. The last statement Dec. 17. showed bills discounted and payable $55,000, while the capital was only $100,000. The cash items were unavailable and the examiner seemed to think it best to close the institution. As no run was made on the bank and the assets are unimpaired, the embarrassment will probably be only temporary and reorganization will be easy. There was no excitement nor anything approaching a run on the other banks. Some business interests closely allied with the bank will suffer, but it is not thought the effect will be serious. President Miller is in Boston negotiating for funds.

8. January 7, 1897 River Falls Journal River Falls, WI

Article from River Falls Journal, January 7, 1897

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stove. Near Decatur, Ga., Tom Flanagan, wh e drunk, shot and killed G. W. Allen and wife and Miss Ruth Slack. The doors of the Second national bank at Grand Forks, N. D., wereclosed, with liabilities of $150,000. In Colorado the production of precious metals in 1896 was: Gold, $16,500,000; silver $12,058,000. In Utah the production was: Gold, 93,896 fine ounces; silver, 8,728,705 fine ounces. Hazen S. Pingree was inaugura governor of Michigan. The oldest railroad director in the world, Samuel M. Young, died in Tole do, 0., in his 91st year. In ten days the five children of Ja is Vogel, of Sandusky, O., died from diphtheria. Charles A. Weyrich, aged 24, and Charles D. Carpenter, aged 29, two close friends, ended their lives in the Planter's hotel in St. Louis by taking poison. No cause is known for the deed. Cyclone nearly demolished the town of Mooringsport, La., and killed the four children of Jesse Goodman. Many other persons were injured, some fatally. The Tennessee legislature convened at Nashville for a session to last 75 days. A freight train ran into a landslide near New Haven, Mo., killing Engineer Homar Evans, Fireman Henry Horkup and Brakeman J. E. McQueen. The doors of the State savings bank at Whitehall, Mich., were closed with liabilities of $100,000. In Chicago William A. Hammond, aged 45 years, second vice president of the National Bank of Illinois, that failed recently, committed suicide by drowning himself in Lake Michigan. At Fargo, N. D., the Citizens' national bank suspended payment. At Omaha, Neb., the savings bank closed its doors with liabilities of $850,000; assets, $1,000,000. Flames which started in Lebeck's dry goods store in Nashville, Tenn., destroyed ten buildings, the total loss being $400,000. After 30 years of judicial service Jus. tice R. Rothrock has retired from the supreme court of Iowa. At Devil's Lake, N. D., the Merchants' national bank closed its doors, with liabilities of $50,000. Edward Scofield was inaugurated a3 governor of Wisconsin. Advices from different sections of Michigan say that great damar has been done by heavy rains. In Chicago an ordinance passed by the city council will have the effect of obliterating the high hat in theaters and music halls. Seven miles northeast of Nelson, Neb., three stock men were frozen to teath. Five men were killed by an explosion in a mine at Hartshorne, I. T. The Germania bank in St. Paul closed its doors with liabilities of $1,000,000 and the West Side bank followed suit owing depositors $113,000. Richard Cornelius, cashier of the National farmers' and planters' bank in Baltimore, Md., being a defaulter to the extent of $60,000, committed suicide by drowning himself. Legislatures of California, Montana and Idaho met in their respective capitals. In Montana Robert B. Smith was inaugurated as governor and in Idaho Gov. Frank Steunenberg took the oath of office. Fire destroyed the Wyoming state

9. January 7, 1897 The Butler Weekly Times Butler, MO

Article from The Butler Weekly Times, January 7, 1897

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The Citizens National Bank of Fargo, North Dakota, and the White Hall Savings bank of White Hill, Mich., suspended Saturday.

10. January 7, 1897 Delaware Gazette and State Journal Wilmington, DE

Article from Delaware Gazette and State Journal, January 7, 1897

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INTERNATION The White Hall, Mich., Savings Bank was closed on Saturday. A blizzard raged Sunday over most of Minnesota and the Dakotas. Polly Brannum died in Knoxville, Tenn.. on Sunday. aged 109 years. Major Edward Schofield was inaugurated Governor of Wisconsin Monday. The Citizens' National Bank of Fargo, N. D., was closed on Saturday. A receiver has been appointed for the Little Rock & Mississippi railroad. Cardinal Guglielmo Sanfelice di Acquavella, archbishop of Naples, died Sunday. The Sullivan Savings Institution of Claremont, N. H., has been placed in the hands of assigness. The Hotel Peermont, on Seven Mile Beach, N. J., was destroyed by fire Sunday. Loss, $25,000. The German Lutheran Church at New Bremen, O., was hurned on Friday night. Loss, $30,000. The statement that the Japanese are assisting the rebels in the Philippine Islands is officially denied. The borough of South Chester. Pa., is to be annexed to the city of Chester, making a city of 30,000 inhabitants. William Ridall, who built the first boat that ran on the old Pennsylvania canal, died at Wilkesbarre, Pa., Sunday. Commander Joshua Bishop and Assistant Engineer R. E. Carney have been placed on the retired list of the "RABU A fire in Montreal on Saturday damaged McFarlane & Co. 's wholesale stationery store to the extent of about Assistant Surgeon L. W. Atlee, U. S. N.. has been transferred from the Richmond to the Naval Hospital at Philadelphia. freight train on the Missouri Pacific railroad ran into a landslide near Holden. Mo., Sunday, and three of the crew were killed. The Western Paper Bag Co., of Northick "A" eqf jo euo "III Bataria, B 10 вравq eqf a! person REM Plants, receiver on Saturday. Thirteen miners were suffucated or ur ere B JO there B SB death 01 pearnq the Santa Gertrusi silver mine, at Pachuco, Mex., a few days ago. Thomas Bram, mate of the barkentine Herbert Fuller, was found guilty in Boston on Saturday of the murders committed on that vessel last July. According to a cablegram from Berlin. France and Russia have agreed to intervens to prevent a breach between the United States and Spain. A young man, supposed to have been Charles Scranton of Rochester. N. Y., was blown from a train at New Brunswick, N. J., on Saturday and killed. The H. Gibby and Boston & Lockport Block Co. s founderies, in East Boston, Mass were damaged by fire '000'0F$ Jo queixo eq: 01 Surriday do Senator Wolcott sailed from New York for Eugland on Saturday to confer with European bimetallists as to the prospects for an international conference. A fire in Nashville, Tenn., yesterday destroyed a number of large business houses on the public square. The total Insses, it is estimated, will reach 000'000$ The employes of the Illinois Steel Co. have been notified that their wages will be cut, on February let. There are 3,500 men employed at the South Chicago mills. The employes of all the mines in the Massillon, O., district, about B JO account no struch have 'new 000's reduction in the price of pick mining from 61 to 51 cents per ton. A traffic arrangement has been entered into between the Wheeling & Lake Erie railway and the Baltimore & Ohio, whereby the former company is to enter Cleveland over the latter line. Richmond's dry goods store, at Kingston, Ont., was burned on Saturday; loss, $60,000 to $70.000. The South Essex Preserving Co. factory, at Kingston, was also destroyed; loss, 000'00$ John A. Wood, a porter in a hotel at White River Junction, Vt., shut himSature- uo una tous B 9114 twice IIes day, and, failing to inflict a mortal wound, jumped from a fourth story window. Bella Smith, colored, killed her husband in New York Sunday by stabbing him in the neck with a pair of scissors. She claims that she acted in defence of her 6-years-old child and berrelf It is said that the California Congressional delegation has received assurances from Canton that if they can settle their factional differences the Golden State will receive a cabinet At Fonda, N. Y., on Saturday, two boys found the body of Lewis Erkenbrack, a wealthy farmer of Johnstown. on the bank of the Mobawk river. It is believed that Erkenbrack was murdered and robbed. Safe blowers started a fire in the "O N Charlotte eqs 10 Purpling Observer on Saturday night. It spread 80 rapidly that the men in the newspaper composing room barely had time to get out, losing their clothing

11. January 7, 1897 The Worthington Advance Worthington, MN

Article from The Worthington Advance, January 7, 1897

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The five children of Jacob Vogel, of Sandusky, 0., died in ten days from diphtheria, Two close friends, Charles A. Weyrich, aged 24, and Charles D. Carpenter, aged 29, ended their lives in the Planter's hotel in St. Louis by taking poison. No cause is known for the deed. Ex-Congressman Augustus W. Cutler died at his residence in Morristown, N. J., from the effects of a surgical operation, aged 61 years. Edward Wright (colored) was hanged at Wilmington, Del., for kiling Ida Crummel (colored), of whom he was jealous, on July 30, 1896. The production of precious metals in Colorado in 1896 was: Gold, $16,500,000; silver, $12,058,000. In Utah the production was: Gold, 93,896 fine ounces; silver, 8,728,705 fine ounces. Helen M. Gougar, of Indiana, the pioneer champion of prohibition and universal suffrage, and a member of the central committee of the national prohibition party, has been expelled from that committee. At the capitol in Lansing Hazen S. Pingree was inaugurated governor of Michigan. Frank S. Black was inaugurated at Albany as governor of New York. A cyclone struck and almost literally demolished the town of Mooringsport, I.a., and killed the four children of Jesse Goodman. Many other persons were injured, some fatally. The Fiftieth general assembly of Tennessee convened at Nashville for a session to last 75 days. A Missouri Pacific freight train ran into a landslide near New Haven, Mo., killing Engineer Homar Evans, Fireman Henry Horkup and Brakeman J. E. McQueen. The State savings bank at Whitehall, Mich., closed its doors with liabilities of $100,000. William A. Hammond, aged 45 years. second vice president of the National Bank of Illinois, that failed recently in Chicago, committed suicide by drowning himself in Lake Michigan. The Citizens' national bank at Fargo, N.D., suspended payment. The total government receipts during December were $25,857,114, and the expenditures $23,812,664, which leaves a surplus for the month of $2,044,450. For the six months of the fiscal year a deficit is shown of $87,902,397. The monthly statement issued by the comptroller of the currency shows the amount of national bank notes outstanding at the end of the year to have been $235,576,381, an increase for December of $264,278, and for the 12 months of $21,948,560. The Omaha (Neb.) savings bank closed its doors with liabilities of $850,000; assets, $1,000,000. Sixteen men perished in the wrecking of the filibustering steamer Commodore, which was sunk about 20 miles off New Smyrna. A fire which started in Lebeck's dry goods store in Nashville, Tenn., destroyed ten buildings, the total loss being $400,000. The public debt statement issued on the 2d showed that the debt decreased $2,839,577 during the month of December. The cash balance in the treasury was $853,463,551. The total debt, less the cash balance in the treasury, amounts to $1,221,249,961. At the close of the six-day international bicycle race in Washington the score stood as follows: Waller, 874 miles 5 laps; Maddox, 874 miles 3 laps; Ashinger, 873 miles 7 laps; Lawson, 871 miles 10 laps; Hunter, 871 miles 10 laps; Forster, 870 miles 10 laps. The visible supply of grain in the United States on the 28th was: Wheat, 521,443,000 bushels; corn, 18,893,000 bushels; oats, 13,476,000 bushels; rye, 996,000 bushels; barley, 4,875,000 bushels. One thousand Chicago saloon keepers have been compelled during the last three months to retire from business because of hard times. Frank E. Clark, for 18 years editor of the Grayville (III.) Independent, committed suicide by taking poison. No cause is known. The Bank of Superior at Superior, Wis., closed its doors with liabilities of $100,000. By the explosion of a lamp Gregor Kirchbaum and his wife were burned to death in their home at Johnston, R.1. At Stamford, Conn., Mrs. Henry Ward Beecher fell and broke her hip and may be forced to use crutches for the rest of ber life. She is 84 years old. Will Robinson (colored), who killed his sweetheart in a church in Pike county, Mo., was taken to the penitentiary for 102 years. The large furniture house of Julius Lansburg in Washington was destroyed by fire, the loss being $160,000. The McCoy Banking company of Independence, Mo., went into voluntary liquidation with liabilities of $125.000. PERSONAL AND POLITICAL. Lansing W. Bancker, who enjoyed the distinction of being the oldest living clown except Dan Rice, died in Philadelphia, aged 75 years.

12. January 8, 1897 The Penn's Grove Record Penns Grove, NJ

Article from The Penn's Grove Record, January 8, 1897

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Several Institutions Weakened by Steady Withdrawals of Deposits. Four more banks have been added to the list of those at St. Paul, Minn., whose doors have been closed since December 21. They are the Germania, the Allemania, the Minnesota State Savings and the West Side. Of this quartette the most important member is the Germania. This institution, which is a State and not a National bank, was founded in 1884. Its capital was $400,000, with a surplus of $59,000. On December 17 the loans and discounts amounted to $975,000 and the deposits to $1,091,968. The Allemania Bank, with a capital of $400,000, having a clientage similar to that of the Germania, closed its doors also soon after the other bank had announced its assignment. The Allemania Bank was organized last year, being the successor of the Commercial Bank. The West Side Bank of St. Paul cleared through the Allemania Bank, and the latter failure compelled it to close. It is a small concern. There was a heavy run on the Minnesota Savings Bank, which is intimately connected with the Germania Bank. As a result of the run the Minnesota Savings Bank has taken advantage of the sixty-day notice. The Germania, the Allemania and the West Side banks all did business as State banks. Every one of them was literally pulled down by the depositors The Citizens' National Bank of Fargo, North Dakota, is in the hands of the National Bank Examiner. Its capital is $100,000. The City Bank of Nora Springs, Iowa, has suspended.

13. January 8, 1897 Wheeling Register Wheeling, WV

Article from Wheeling Register, January 8, 1897

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TEMPORARY RECEIVERS NAMED. WASHINGTON January 7.-The comptroller of the currency has appointed Bank Examiner Blanding temporary receiver of the First National Bank of Sloux City, Iowa, and Examiner Anheir receiver of the Citizens' National Bank of Fargo, N. D. Both of these appointments are temporary pending resumption. The comptroller has received ,information that the Commercial National Bank of Poanoke, Va., which suspended some time ago, has raised sufficient funds with which to go into liquidation without the intervention of a receiver.

14. January 8, 1897 The Wichita Daily Eagle Wichita, KS

Article from The Wichita Daily Eagle, January 8, 1897

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GOT A STRAIGHT TIP BANKS THAT STOOD FROM UNDER A GREAT FINANCIAL SMASH. Somebody. Nobody Will Tell Who, Told Certain Favored Banks What Was Going to Happen to the National Bank of IIIIneis, Giving Them an Opportunity to Withdraw Their Deposits Which They Were Swift to Improve-Eckles Names Bank Receivers-American National, of Denver Re-opens-Day's List of Failures Chicago, Jan. 7.-It has been ascertained positively that several banks which had deposits in the defunct Natioral Bank of Illinois were warned of what was to come and as a result their money was withdrawn just in time to save them from being carried down with the wreck. Henry W. Austin, president of the Oak Park State bank, made the statement today that he had received information of the dangerous condition of the Illinois National during the week previous to the failure. Acting upon this tip, Mr. Austin says, he immediately took out of the bank the money his bank had there. Five thousand dollars was withdrawn Friday previous to the Monday in December when the National Bank of Illinois failed to open its doors for business. The following day, Saturday, $45,000 more, which constituted the balance due the Oak Park State bank by the National Bank of Illinois was taken out. Hinckley and Tilden, proprietors of the West Side bank, were also warned In time to withdraw their cash from the tottering institution. Mr. Austin refused positively to state who his informant was. He said, however, that he was not a director or official of the Illinois National. BANK RECEIVERS NAMED. Washington, Jan. 7.-The comptroller of the currency has appointed Bank Examiner Blancing temporary receiver of the First National Bank of Sioux City, and Examiner Anheir receiver of the Citizens National bank, of Fargo, N. D. Both of these appointments are temporary, pending resumption. Bank Examiner Turtilot has been appointed rereiver of the Second National, of Grand Forks, N. D. The comptroller has received information that the Commercial National bank of Roanoke, W. Va., which suspended some time ago, has raised sufficient funds with which to go into liquidation without the intervention of a receiver. DENVER BANK RE-OPENS. Washington, Jan. 7.-The American National bank of Denver, Colo., which suspended payment April 21, 1896, having complied with the conditions imposed by the comptroller of the currency precedent to resumption, has today been permitted to re-open its doors for business as a national banking association. Denver, Colo., Jan. 7.-The American National bank re-opened today under its old management with $600,000 cash on hand to meet liabilities and conduct business. There remains but $200,000 of liabilities to be provided for out of all other assets of the bank. DAY'S LIST OF FAILURES. New York, Jan. 7.-J. J. Johnston & Co., a corporation, dealers in diamonds, jewelry and silverware, today assigned to John R. Keim, and Arthur H. Masten. The liabilities are reported to be $219,000 and assets about $201,000. St. Paul, Minn., Jan. 7.-A Preston, Minn., dispatch to the Dispatch says: The Bank of Canton, at Canton, and the Citizens bank of Lanesboro, both owned and operated by Field, Kelsey & Co., suspended business yesterday. Lancaster, Pa., Jan. 7.-Schroder, Smith & Schroder's ready-mixed paint works were entirely destroyed by fire today. The origin of the fire is unknown. The members of the firm decline to make an estimate of the loss, but it is thought to be fully covered by insurance.

15. January 8, 1897 Cottonwood Report Cottonwood, ID

Article from Cottonwood Report, January 8, 1897

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Omaha Savings Bank and Smaller Fry Failed to Open. Omaha, Neb., Jan. 2.-The Omaha Savings bank failed to open this morning and is in the hands of the state banking board. A meeting of the clearing house yesterday, it is presumed, took action which caused the savings bank to close. The total liabilities are $850,000. Assets exceed this amount by $200,000. The resources are excellent, and but little loss can result to depositors. The bank has been in existence for 15 years. The failure will not cause other Omaha institutions any Inconvenience. "The Omaha Savings bank was organized 15 years ago," said General Manderson, its president. "The bank today owes $750,000 to its depositors and $140,000 to the Commercial bank, making a total liability of $890,000. Taking our real estate at cost and other securities at face value, we have nearly $200,000 of assets beyond liabilities. While the bank is unable to at this time pay depositors on demand, it is amply solvent, and not a dollar will be lost by any creditor or depositor." The Run Soon Stopped. Cripple Creek, Colo., Jan. 2.-A run was precipitated on the First National bank today by a man to whom was refused a small loan, saying the bank would net open today. Small depositors formed in line and were paid. No big deposits were touched. A special train was run from Colorado Springs with $50,000 belonging to President J. M. Parker. Parker said: "We have on deposit more than enough to pay every dollar, should it be demanded; but only small depositors seem anxious, and business men, mining men and personal friends are depositing more than is drawn out." Paper Bag Plant Fails. Chicago, Jan. 2.-The Western Paper Bag Company, one of the Van Nortwick plants, was placed in the hands of a receiver today by Judge Grosscup, of the United States court. William G. Stevens was appointed receiver, bond being placed at $100,000. The liabilities will probably exceed $100,000, with assets the same. S Judgments for $85.000. Cleveland, Jan. 2.-Thirty judgments, aggregating about $85,000, have been tak] en in the common pleas court against the Dorner & Dutton Company and the t Dorner Foundry Company, which are C among the largest car wheel manufacturC ers in the country. Application for a reS ceiver has been filed. It is believed the a assets greatly exceed the liabilities. Banker Goes Free. e Denver, Jan. 2.-Under the instructions e of Judge Butler, who said the evidence in was insufficient to convict, the jury today b found Frank Atkins, president of the defunct Colorado Savings bank, not guilty T under the indictment which charged him with having received deposits knowing L the bank to be insolvent. Fargo Bank Closed. Minneapolis, Jan. 2.-A special to the Journal from Fargo, N. D., says the Citire zens' National bank failed this after. th noon. The bank is in the hands of Bank Y g Examiner 00. Asheimer. The capital is $100,Michigan Failure. be White Han, Mich., Jan. 2.-Bank Examth ner Angell took possession and closed the be White Hall State Savings bank today. No A tatement. The last report showed de. of osits 00. of $80,000; loans and discounts, $92,so

16. January 8, 1897 Evening Journal Wilmington, DE

Article from Evening Journal, January 8, 1897

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The Insolvent Banks, WASHINGTON, Jan. 8.-The comptroller of the currency has appointed Bank Examiner Blanding temporary receiver of the First National bank of Sloux City, Ia., and Examiner Anheir receiver of the Citizens' National bank of Fargo, N. D. Both of these appointments are temporary, pending resumption. Bank Examiner E. C. Turtelot has been appointed receiver of the Second National bank of Grand Forks, N. D. The comptroller has received information that the Commercial National bank of Roanoke, Va., which suspended some time ago, has raised sufficient funds with which to go into liquidation without the Intervention of a receiver.

17. 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.

18. June 10, 1897 The Madison Daily Leader Madison, SD

Article from The Madison Daily Leader, June 10, 1897

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Assessed the Stockholders. W ASHINGTON. June 9. -Comptroller Eckels has ordered an assessment on the stockholders of the Citizens' National bank of Fargo, N. D., of 100 per cent. This will enable Receiver Anheier to pay all approved claims and also other expenses incidental to winding up the affairs of the bank.

19. October 30, 1897 The Saint Paul Globe Saint Paul, MN

Article from The Saint Paul Globe, October 30, 1897

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Cash for Bank Creditors. Special to the Globe. FARGO, N. D., Oct. 29.-Checks were received this morning from the comptroller of the currency for payment of the 20 per cent dividend recently declared in favor of creditors of the Citizens' National bank. Receiver Anheiner will distribute the funds at once.

20. November 1, 1897 The Madison Daily Leader Madison, SD

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Cash for Bank Creditors. FARGO, N. D., Nov. 1.-Checks were received during the morning from the comptroller of the currency for payment of the 20 per cent dividend recently declared in favor of creditors of the Citizens National bank. Receiver Anheiner will distribute the funds at once.

21. January 30, 1904 The Dickinson Press Dickinson, ND

Article from The Dickinson Press, January 30, 1904

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Bondsmen of Bank Are Protected. In a suit by the state against the bondsmen of the Citizens' National bank of Fargo to recover for state funds deposited there, the defendants set up the statute of limitations, as the bank failed six years ago. The state claimed that the statute did not apply as the last payment was made just prior to the discharge of the receiver about a year ago. It was claimed suit could not be brought prior to that time. as it could not be known how much was still due. The receivership paid about 50 cents on the dollar. Judge Pollock held that the statute ap. plied and dismissed the action. An appeal will be taken.