1.
April 25, 1896
St. Paul Daily Globe
Saint Paul, MN
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Grand Forks Bank Failure. Special to the Globe. GRAND FORKS, N. D., April 24.-The suspension of the Grand Forks National bank has had absolutely no effect on the other banking institutions of the city so far as causing depositors any uneasiness. Examiner Anheier and John D. Banton, his attorney, had a conference with the bank officials and a schedule is being prepared. What the future of the bank will be is yet a matter of doubt, but the assertion has been made by the officials that every depositor and stockholder would receive his money, dollar for dollar. A receiver will hardly be asked for. The bank will probably go into liquidation and retire from business.
2.
April 30, 1896
Jamestown Weekly Alert
Jamestown, ND
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In the failure of the Grand Forks National bank the liabilities are said to be $319,000. Among the business houses said to be affected are that of Iddings & Co., booksellers, and the Woolen mills, involved on account of Geo. Chfford's connection, but not BO as to interfere with business. The government had little or no money on deposit and the state but little, which is secured by bonds. It is reported that Mrs. McCormick and Burke Corbett had $10,000 in stock each, L. E. Booker $40,000, Maurice Williams and Wm. Foran, Fargo, $2,000 each. Bank Examiner Anheier is in charge. The assets are said to be plenty to pay all depositors. Old paper taken in boom days under another management, on which it has been impossible to realize, is given as the primary reason for the suspension.
3.
May 3, 1896
The Morning Times
Washington, DC
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Receivers for Western Banks. Comptroller Eckels says he thinks it will be necessary to put the recently failed American National Bank of Denver, Col., and the Grand Fork National Bank of Grand Forks, N. D., lato the hands of receivers.
4.
May 3, 1896
The San Francisco Call
San Francisco, CA
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Receivers for Two National Banks. WASHINGTON, D. C., May 2.-Comptroller Eckels says he thinks it will be necessary to put the recently failed Amercan National Bank of Denver, Colo., and the Grand Forks National Bank of Grand Forks, N. D., into the hands of receivers.
5.
May 15, 1896
Williston Graphic
Williston, ND
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BEATTY'S Organs $35.00 up. For particulars, catalogue, $500,000 address or call, Daniel F. Beatty, Washington, New Jersey. Mrs. Thomas has moved her restaurant into the new building just completed south of Peter Anderson's sample room. G. F. Northwest News: Col. Lounsberry is an interesting writer and throws a charm arouud the readers of the Record that is not easy to break. C. H. Anheier, receiver of the Grand Forks National bank wants all depositors to send in their pass books so they can be checked and written up. Captain General Weyler of Cuba has resigned. He can't whip the insurgents, and he don't like Uncle Sam's interference with his butchering American citizens. The sympathy of the Graphic is extended to Henrv Erickson, one of the leading merchants of Towner, in the loss of two of his children by diphtheria week before last.
6.
August 3, 1896
Evening Star
Washington, DC
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Bank Receiver Appointed. Mr. Coffin, acting controller of the currency, today appointed E. C. Tourtelot, receiver of the Grand Forks National Bank of Grand Forks, N. D., in place of C. S. Anheier, who has been in temporary charge of the affairs of the bank since its suspension.
7.
August 4, 1896
The Saint Paul Globe
Saint Paul, MN
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Deadwood Divided. WASHINGTON, Aug. 3.-Acting Controller Coffin today declared the first dividend of 25 per cent in favor of the creditors of the Black Hills National Bank of Rapid City, S. D., on claims proved, amounting to $42,949. Acting Controller Coffin today appointed E. C. Tourtellotte, of Grand Forks, N. D., receiver of the Grand Forks National bank In place of Examiner Anheier, who has been acting as receiver since the failure of the bank. Mr. Anheier will resume his regular duties as bank examiner for North and South Dakota.
8.
August 20, 1896
Reporter and Farmer
Webster, SD
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TELEGRAPHIC DREVITIES. News of General Interest Cat Up and Boiled Down. Democrats and Populists of Washington State have nominated a fusion ticket. Arrangements have been made for quartering the national guard during the G. A. R. encampment. Michael Ryan of St. Paul has been declared insane because of his peculiar affection for a woman who did not know him. Employes of the Adams Express company in New York and in Jersey City, to the number of 600, went on strike to-day. The Minnesota railroad and warehouse commission and representatives of Superior met and discussed the inspection of grain Emperor William has removed his minister of war because he does not agree with him concerning the proposed military trial reform. Lord Russell of Killowen, lord chief justice of Great Britain, reached New York to-day on board the Cunard line steamer Umbria from Queenstown. Gov. Clough of Minnesota has appointed delegates to the annual convention of the National Prison association, which meets in Milwaukee Sept. 26. The great futurity stake at Coney Island is over and the ninth renewal has gone into history with an outsider as the winner. Marcus Daly's Ogden was the victor. E. C. Tourtelot. recently appointed receiver for the Grand Forks National bank. has taken charge and Bank Examiner Anheir will resume his old position. On a telegram from the chief of police of Minneapolis officers to-day arrested Robert Stone in Sioux City, an alleged burglar. He was taken in custody while attempting to take from the express office a trunk said to contain goods stolen in Minneapolis.
9.
January 7, 1897
The Saint Paul Globe
Saint Paul, MN
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Receiver for Two Banks. Special to the Globe. GRAND FORKS, N. D.,Jan. 6.-E. C. Tourtelot, receiver of the Grand Forks National bank, has been apointed receiver of the Second National bank.
10.
January 9, 1897
The Madison Daily Leader
Madison, SD
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Lynched an Incendiary. ORANGEBURG, S. C., Jan. 8.-Lawrence Brown, the negro who is generally believed to have been connected with the burning of Robert Wanamaker's barns and stables at Stiliton last week, was lynched during the might. Receiver for Two Banks. GRAND FORKS. N. D., Jan. 8.-E. C. Tourtelot. receiver of the Grand Forks National bank, has been appointed receiver of the Second National bank
11.
February 11, 1897
Jamestown Weekly Alert
Jamestown, ND
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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.
12.
March 25, 1897
San Antonio Daily Light
San Antonio, TX
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BANK INVESTIGATION. St. Paul, March 25.-A Bismarck, N. D., special to the Pioneeer Press, says: The banking methods of some of the suspended National banks of the state are being investigated by the grand jury now in session. Two indictments have already been found, one against Lee Booker, exstate treasurer and president of Grand Fork's National bank and the other against H. F. Salyards, president of the First National bank, of Minot. Booker is charged with making false returns to the comptroller of the currency. He was arraigned and pleaded not guilty and was held for trial in $5,000 bond. Salyards is charged with aiding and abetting in making false entries in the bank books. He pleaded not guilty and was held in $6,000 bond for trial. The indictment of Booker came as a great surprise to his friends throughout the state. He was state treasurer for three years, entering office in 1894 and has always taken an active part in state politics.
13.
March 25, 1897
Evening Star
Washington, DC
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INVESTIGATING BANK METHODS. The Grand Jury at Bismarck Considering Suspended Institutions. ST. PAUL, Minn., March 25.-A Bismarck, N. D., special to the Pioneer Press says: The banking methods of some of the suspended national banks of the state are being investigated by the United States grand jury, now in session. Two indictments have already been found, one against L. E. Booker, ex-state treasurer and president of Grand Forks National Bank, and the other against H. F. Salyards, president of the First National Bank of Minot. Booker is charged with making false returns to the controller of the currency. He was arraigned, pleaded not guilty, and was held for trial in $5,000 bonds. Salyards is charged with aiding and abetting in making false entries in the bank's books. He pleaded not guilty, and was held in $6,000 bonds for trial. The indictment of Booker came as a great surprise to his friends throughout the state. He was state treasurer for three years, entering office in 1893, and has always taken an active part in state politics.
14.
March 25, 1897
The Topeka State Journal
Topeka, KS
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TAKEN BY SURPRISE. Government Officials are LookingInto Banking Methods in Dakota. St. Paul, Minn., March 25.-A Bismarck, N. D., special to the PioneerPress says: The banking methods of some of the suspended national banks of the state are being investigated by the United States grand jury now in session. Two indictments have already been found, one against L. E. Booker, ex-treasurer, and president of Grand Forks National bank, and the other against H. F. Salyards, president of the National bank of Minot. Booker is charged with making false returns to the comptroller of the currency. He was arraigned today, pleaded not guilty and was held for trial in $5,000 bonds.Salyards is charged with aiding and abetting in making false entries in the bank's books. He pleaded not guilty and was held in $6,000 bonds for trial. The indictment of Booker came as a great surprise to his friends throughout the state. He was state treasurer for three years, entering office in 1893, and has always taken an active part in state politics.
15.
March 25, 1897
The Providence News
Providence, RI
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AFTER BANK OFFICERS. North Dakota Grand Jury Finds Indictments. Bank Presidents are Alleged to Have Made False Returns. St. Paul, Minn., March 25.-A Bismarek special says the banking methods of some of the suspended national banks of the state are being investigated by the United States Grand Jury now in session. Two indictments have already been found, one against L. R. Booker, ex-state treasurer and president of the Grand Forks National bank and the other against H. Luther, president of the National bank of Minot. He is charged with making false returns to the comptroller of currency. He was arraigned, pleaded not guilty and was held for trial in $5,000 bonds. Booker was state treasurer for three years and has always taken an active part in state politics.
16.
April 1, 1897
Abilene Weekly Reflector
Abilene, KS
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BANKERS INDICTED. Prominent North Dakota Men Arrested for Making False Returns. BISMARCK, N. D., March 25.-The banking methods of some of the suspended national banks of the state are being investigated by the United States grand jury now in session. Two indictments have already been found, one against L. E. Booker, ex-state treasurer and president of Grand Forks national band, and the other against H. F. Salyards, president of the First national bank of Minot. Booker is charged with making false returns to the comptroller of the currency. Booker is one of the most popular men in the state and his arrest caused a decided sensation.
17.
November 4, 1897
Courier Democrat
Langdon, ND
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# The Bank Loses.
Grand Forks, N. D., Special. - The state supreme court handed down several decisions, among them the case of Bray vs. Booker, where Bray sold a house to Booker, the understanding being that Booker was to devote part of the purchase money to paying the debts of Bray at the Grand Forgs National bank, which afterward failed. Bray brought suit to set aside the deed. Receiver Tourtelot sought to intervene on the ground that the bank was interested as to that part of the purchase money to be paid to the bank. The court holds that Tourtelot cannot intervene and affirms the contract.
18.
November 13, 1897
The Dickinson Press
Dickinson, ND
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U. S. District Conrt. The supreme court decides that Indian. Coudot can have 18 new trial. It is said that no new evidence can be produced on the part of the state and it is probable that Coudot will get his liberty. L. E. Booker, president of the suspended Grand Forks National bank did not appear in the U. S. court Tuesday at Grand Forks, and it is thought that he has left the country. The names of his bondsmen for $5,000 are: Fred Falley, I. P. Baker, P. C. Remington, Chas Kupitz and Joseph Hare, all of Bismarck.
19.
November 18, 1897
Courier Democrat
Langdon, ND
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Farmers in Trouble. During the past few years a large number of loaning companies have either made an assignments or gone into the hands of a receiver. A few of the heaviest failures were, The Globe Investment Co., of Boston; the Farmers Trust Co., of Chicago; the Northwestern Loan & Guaranty Co., of Minneapolis; the Security Trust Co., and the Grand Forks National Bank of Grand Forks, N. D. All of these companies had loans in this county and now many farmers find that they have paid interest and some have paid principal on their loans to the companies or to the officers of the companies after the mortgages had been assigned to some one else. The farmer holds a receipt from the company and now the holder of the coupon is coming forward and asking payment. In many instances second payment will have to be made. All of this trouble could have been avoided by borrowing of McCulough, at Milton. His loans are payable at Milton and when you pay you get the coupon and then you know you are safe. No bonus or commission charged. Paper drawn and money paid within fifteen minutes after you reach his office.