12459. Citizens Bank (Minot, ND)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
December 4, 1893
Location
Minot, North Dakota (48.233, -101.296)

Metadata

Model
gpt-5-mini
Short Digest
164c447e

Response Measures

None

Description

Contemporary press (Dec 4–5, 1893) report the Citizens Bank of Minot 'suspended payment' and 'gone into voluntary liquidation.' By Jan 2–3, 1894 a receiver (H. F. Salyards) was appointed to wind up affairs. No article describes a depositor run; sequence is suspension (voluntary liquidation) leading to receivership/closure.

Events (3)

1. December 4, 1893 Other
Newspaper Excerpt
The Citizens' bank went into voluntary liquidation to. day. The bank is mainly owned by George H. Lewis of New York. No statement.
Source
newspapers
2. December 5, 1893 Suspension
Cause
Voluntary Liquidation
Cause Details
Bank 'suspended payment' and 'went into voluntary liquidation' (reports dated Dec. 4–5, 1893).
Newspaper Excerpt
The Citizens bank has gone into voluntary liquidation.
Source
newspapers
3. January 2, 1894 Receivership
Newspaper Excerpt
H.F. Salyards, president of the First National bank, of this city, has been appointed receiver of the Citizens' Bank of Minot, and will proceed to wind up its affairs.
Source
newspapers

Newspaper Articles (12)

Article from The Dickinson Press, October 7, 1893

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Thursday, Sept. 28. Vailey City farmers are shipping wild hops East by the car load. George Game has been arrested at Jamestown for running a blind plg. Peter Miller was killed recently in a roaway near Minto, nearly every bone in his body Leing broken. It is rumored that the Citizens' Bank of Minot will close up its business as rapidly as possible and discontinue. C. 11. Devidsen has purchased the Bank of Carrington building and fixtures and opened the Carrington State bank. with $10,000 capital. North Dakota bred fat cattle are bringing a premium in the Chicago market on account of the superior quality of beef. The Kreider farm, formerly owned by the vietim of Bomburger's blood-thirstiness, has been sold at public auction, and purchased by a colony of Dunkards for $7,200-$15 an acre. Wolves and coyotes have become so bad that the stockmen in the western part of the state have called a meeting at Dickinson, Oct. 12, to devise means of exteminating them. Onessime Monchamp, a car repairer Neche, raised a window in the cusat the depot As the office at tom therefrom. house and is took Monchamp the a prop. gun erty of the United States, rnds himself under the jurisdiction of the United States court. He was held over by United States Commissioner Quackenbuch in the sum of $250 bail. Monchamp says whisky is to blame. Friday, Sept. 29. J. Frost is apparently the most successful agency yet employed in ridding the state of the genus hobo. Rev. G. R. Pike, the popular pastor of the Fargo Presbyterian church. has resigned to accept it professorship in the university at Chicago. The Cooper elevator burned at Cooperstown. Jt contained 8,000 bushels of wheat; no insurance Loss, $9,000. The fire was caused by friction of the machinery. The United States marshals are rounding up half a hundred of the Turtie mountain Indians who are wanted as witnesses in E. Ashley Mears' case which comes up for hearing at Fargo next week. Sheriff Fadden raided Daniels' saloon, notorious dive at Inkster. He arresta ed Ben Daniels and Gus Brown and them in the Grand Forks jail. authorities lodged Walsh county want and Dan- the illegal liquor selling. of Tennessee want authorities iels for him also, on a charge of manslaughter. Jack Williams, Ben Armstrong and arrested on a charge of 150 bushels of wheat stealing James Stuart, Minnewanken. from Sam Ells, were discharged at Emil Wattum, in whose granary the stolen grain was put, and who was arrested with the others, confessed the crime, and, turning state's evidence, the three first named, but


Article from The Anaconda Standard, December 5, 1893

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Late in the Season. GRAND ISLAND, Dec. 4. -The Citizens' National bank closed its doors this morning. A notice posted says the suspension is due to slow collections. The assets and liabilities are unknown. The bank has a capital of $60,000. MINOT. N. D., Dec. 4. The Citizens bank has gone into voluntary liquidation.


Article from The Wichita Daily Eagle, December 5, 1893

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FAILURES. MINOT. N. D., Dec. 4-The Citizens' bank went into voluntary liquidation to. day. The bank is mainly owned by George H. Lewis of New York. No statement. PITTSBURG, Pa., Dec. 4.-Bovaird & Sefang, manufacturers of oil well supplies have gone into the hands of receivers. The concern was capitalized at $500,000, and has two manufactories and three warehouses. It will still operate and expects the receivership to last but a short period. GRAND ISLAND, Neb., Dec. 4-The citizens national bank, capitalized at $60,000, failed this morning, posting a notice that owing to slow collections it was unable to continue. It is the oldest institution of its kind in central Nebraska. PERRY, O. T., Dec. 4.-Green B. Raum, Jr., son of the ex-commissioner of pensions, failed this morning. He was in the grocery and hardware business, and had been catering to the Osage Indians. As Indians only receive their money quarterly, he probably found the load too heavy. The failure is said to be for a large amount.


Article from The Big Sandy News, December 8, 1893

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Pakota Bank Falls. MINOT, N. D., Dec. 5.-The Citizens' bank of this place has suspended payment, going into voluntary liquidation. Geo. H. Lewis, of New York, is' principal owner of the stock.


Article from The Big Sandy News, December 8, 1893

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Dakota Bank Falls. MINOT, N. D., Dec. 5.-The Citizens' bank of this place has suspended payment, going into voluntary liquidation. Geo. H. Lewis, of New York, is principal owner of the stock.


Article from Idaho County Free Press, December 15, 1893

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NEWS OF THE WEEK. The Citizens' bank of Minot, tion. Dakota, has gone into voluntary liquida- North show Colorado's gold output for 1893 that of 1892. over an increase of over 100 per cent. will Bishop Morris has completed the the anniversary of his services as bishop 25th of Episcopal church of Oregon. treasurer Thomas Axworthy, the defaulting Bright's of Cleveland, O., is dying of disease at Hamilton, Ont. The steamship Sir John to from have Gibraltar to Liverpool, is Hawkins, five. foundered with a crew of supposed twentyA newspaper of of Neustadt, the birthplace he has Henry Villard, announces nently. decided to reside there perma- that killed John Dunlap of Chicago shot himself. his wife Monday. Later he and known. The cause of the deed is killed unelection Wm. H. Claggett, who contested left the of Senator Dubois of Iaaho, the populists. republican party and gone to has the A locomotive on the Texas Pacific ploded gineer, Monday near Eastland. The exfireman and head brakeman were eninstantly killed. The Evans murder trial still continues brought at Fresno. No new facts have of George out Santag. from those given in the been trial d A disgusting exhibition game of football witnessed between two female elevens d San Francisco by several Sunday. thousand people was at During a saloon row at San Francisco Monday night Billy Gallagher, a saloonkeeper, shot, probably fatally. Tom Canman, a bookmaker's assistant. d Bank Scheig and Floyd, who robbed mitted of Minneapolis of $90,000, have the and their guilt to the London police adconsented to return to America. By an explosion in a calcium-light office tank in the People's Steamboat Line de ing, four at Albany, N. Y., Tuesday mornwere injured, three fatally. e. The Erie road has announced further from reductions in freight rates to New York Chicago. Other roads have called meetings and will meet the reductions. Receiver Hadley's report of c. Oregon ber Pacific Railroad for Septem- the shows: Earnings, $14,878.65; expenses, $17,617.73; net loss, $1739.08. The fifth artesian well has been cessfully Yakima bored on "The Moxie" in suc. valley. All of them have the E mendous of land. flows and irrigate large tracts treThe Wells Fargo Co. has renewed its contract with the Southern Pacific twenty 000 and years, paying a bonus of $1,700, for receipts. 40 per cent of the annual gross nd have Near Eckman, W. Va., several riota 11, were occurred among negro miners who sulted paid off. Drunken brawls have negroes. in several deaths of low whites and reJames Cameron, first mate of schooner while Maid of Oregon, fell overboard the of and the vessel was at sea on Nov. was drowned before assistance could 18 reach him. ks The aerolite which fell August 29 the farm of Lawrence Freeman, or Bath, South Dakota, was found, on being near HO assayed, and to contain gold, silver, nicke cobalt. Late men named at the at Hubbard, o ely dropped from a blast dead, furnace. the result of inhaling ga Bovaird & Layfang, maunfacturers oil The well supplies at Pittsburg, have failed d HO and company had a capital of $500,00 employed 400 men. Receivers wi conduct the business. a farmer, while and into a fireplac watched her burn. He refused in call will medical attendance and the woma t die. Hennessey was arrested. R. L. McGee, a laborer, was foun dead on the street in Salem Friday. ceased ing of had indulged freely in the drink De egg nog, and it is supposed th HO liquor caused paralysis of the heart. A bronze statue of Roscoe Conklin was York, unveiled in Madison Square, Sanday, without any ceremony Ne Ho gathering of people. It was done in th quiet way at Mrs. Conkling's request. IrstSeveral snowslides have occurred nes ork Butte, Mont., resulting in the loss arge varseven lives. The snow at Hecla is twenty the feet deep and a short distance ov mountain it forty tosixty feet dee ELL Sheriff Massie of Columbia J Oregon, is missing. An expert who count short amined his books reports that he is e has in his accounts. It is supposed $31 tion. left the country to escape prosec RS Fire at Corsicana, Tex., Sunday, d stroyed a grain elevator, twenty-fi AHO thousand bushels of wheat, two live stables, thirty-five horses, three ALD $200,000. cars and an electric light plant. freig Los Peter Burke and Andrew Ledgwic who N. board at the Ramer house in D., stole a bottle of what they Farg posed to be whiskey from an adjoini su E room Sunday evening. It proved to bedbug poison, and both men will die. As a result of Judge Slover's decisi in the Sunday closing case eight barbe at the Midland hotel, Kansas City, arrested Sunday while pursuing the we avocations. the They were bailed out an work. proprietors, but did not resur James B. Dowling, an old pione lumber-dealer of San Francisco, Tuesday evening from morphine di ing. It is supposed he took an overdo poiso best and by mistake, as he was a man of no reason is known which would mean duce him to commit suicide. A letter written by Eck M-O


Article from St. Paul Daily Globe, January 3, 1894

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In a Receiver's Hands, MINOT, N. D., Jan. 2.-H.F. Salyards, president of the First National bank, of this city, has been appointed receiver of the Citizens' Bank of Minot, and will proceed to wind up its affairs.


Article from The Madison Daily Leader, January 4, 1894

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MADISON. SOUTH DAKOTA, THURSDAY. JANUARY 4. 1894 TELEGRAPHIC BREVITIES. THE ORIGIN OF ANTH MINING RESOURCES. A MILLION. HALF Possible Solution of One of United States Mineral Products Baron Selvyne, Belgian minister to of Science. For the Year 1893. the court of St. James, is dead. The Case. of Angle Against the ChiThe main difference bet INGTON, Jan. 4.-The report on Colonel Floyd Clarks state comcite and bituminous coal is cago, St. Paul, Minneapolis and ng resources of the country for mander of the G. A. R. of New York is mer is devoid of volatile m Omaha Decided bared by Chief Day of the divisdead. tofore the theory generally ining statistics of the geological The trial of Marshal Ashton of Janesaccount for this difference has been made public. shows ville, Wis., for the murder of Mrs. By the United States Supreme Court sented half a century ago high water mark in mineral Daniel Stone has begun. In Favor of the Plaintiff, Mrs. ons was reached in 1892, both Rodgers while conducting County Attorney Madigan of Redligical survey of Pennsylva nd every other country. The Angle. wood county, Minn., has secured a ue of all the mineral products ing that the anthracite b change of venue to New Ulm. eastern part of the state in ear was $684,778,768. This is The Amount of Her Claim Is Half a ity to the Archean axis of The queen has conferred upon the 00 greater than the amount for Million Dollars-Other Claims surmised that these coal vious year, and $28,174,070 more ameer of Afghanistan the honorary knighthood of the Grand Cross of Bath. Yet to Be Filed. amount for the census year of to speak, been "coked" un tion of the Appalachian ( It is stated in railroad circles that C. he supposed that the heat g the large gains was that of S. Stebbins has been selected as general MILWAUKEE, Jan. 4.-A special to accompanying the Appal tons in pig iron, with an aggrepassenger agent of the Denver, Texas The Evening Wisconsin from Washingtion, acting most vigoro duct of 9,157,000 tons valued at and Gulf road. ton says the United States supreme court axis, had distilled and ren ,039. At a state concert at Munich Freiherr has rendered a decision in the case of tile matter of the coal bed showed a slight loss and the Truches, formerly Bavarian minister at To adjust the theory roduct valued at $33,000,000 was Angle vs. The Chicago, St. Paul, MinSt. Petersburg, fell dead of apoplexy in 5 ounces. facts, Professor Lesley a neapolis and Omaha Railway company, the presence of the royal party. position that the heat in otal product of silver during the deciding for the plaintiff. Plaintiff, The Rt. Rev. Robert Samuel Gregg theory was brought up as 58,000,000 ounces, with a Mrs. Angle, a widow, sued for money has been enthroned as archbishop of when the superincumbent on of $74,989,900. The amount due to her husband for work Armagh and primate of Ireland. Dean were extremely thick, wh crease of 877,130 ounces for the he was ready to peform in buildChadwick performed the ceremony. The increased valuation of the been mainly removed b ing the Superior Air Line railway. Daniel Webster, wife and two chilagencies which have been for the year was $2,823,054. The court holds that the Omaha. comregion for millions of y dren, were poisoned by hogshead cheese er gained 57,465,666 pounds. adequacy of these theorie at Melleville, Ala. Mrs. Webster died, pany secnred the land grant of 3,000,000 an aggregate of 353,275,742 fessor J. J. Stevenson of and recovery of the others is doubtful. with a value of $37,977,142. acres from the Superior company by of New York to propour misrepresentation to the Wisconsin product during the year gained H. F. Salyards, president of the First simpler theory, which wa legislature, and sustains the charges of tons, aggregating 213,262 tons, National bank of Minot, N. D., has been by him at the recent meet value of $17,060,960. fraud. Mrs. Angle's claim amounts to appointed receiver of the Citizens' bank e was a loss of 7,000 tons in zinc, logical Society of Americ about $500,000. The claims of the of Minot, and will proceed to wind up He would account for t its affairs. e new metal, aluminum, almost stockholders of the Superior Air Line tile matter in anthracite are yet to be filed. The lands secured 1 in quantity. Columbus R. Cummings, the millionby the Omaha are valued at millions of ple fact that it had been year's product of zinc aggregated aire real estate man, has withdrawn to that kind of decay wh dollars. ons, valued at $8,027,920, and of from the Chicago Dry Goods company, in vegetable matter whe lver 27,993 flasks, representing a the successor of the defunct James H. SIX STORES CONSUMED. water, and which consist of $1,245,689. Tin from the Walker company. loss of the hydrocarbon In California amounted to 160,000 Princeton, Minn., Suffers a Loss of 830,000 tute the volatile elements At Brownsville, in a row, Miguel : The aggregate for the year was In Her Business District. Ruiz was shot and killed by Antonio coal. On this supposition pounds, valued at $32,400. PRINCETON, Minn., Jan. 4.-N. E. beds are those which we Franco. The latter, in attempting to el for the year aggregated 92,252 Jesmer's large brick store. and five escape into Mexico by swimming the liest in the swamps and , valued at $50,739; aluminum, other stores were consumed by fire durriver, was drowned. carboniferous period and $ pounds, valued at $172,824, and ing the morning. Loss, $50,000, with est devoid of the covering The Austrian government intends to m 60 ounces, valued at $550. $35,000 insurance. deposits, which subseque oduct of antimony was valued at make the manufacture of dynamite and them from further chang $. Slept Sixty Hours. similar explosives a state regulated is confirmed by the fact minous coal increased 8,000,000 monopoly under the control of the war CHICAGO, Jan. 4.-The Rev. C.E. such strict relation of ring the year, attaining a total office, with a view to hamper the anWilkinson, pastor of the South Side archists. beds to the Appalachian 237,745 tons, valued at $125,195,Methodist church, did not feel particution as Professor Rodger larly complimented when he learned Mrs. Elizabeth Green of Biddeford, and by many other consi sylvania anthracite coal inMe., is dead, aged 93. She was a sister that Frank Wilson, a divinity student, Professor Stevenson is al a 1,613,458 tons, amounting to had gone to sleep during the preacher's of Captain John W.Hartley, ex-secretary This simple cause seems 450 tons, valued at $82,442,000. of the United States treasury, and a sermon Sunday night, and did not count for all the phenon alue increased $8,000,000, with a widow of the late Dr. H. C. B. Green of awaken until 8:30 Wednesday morning. bly solves one of the lon alue of $82,000,000. Boston. Several children survive her. Physicians since Monday have been enteries of geological scie oleum is declining rapidly. In deavoring to rouse the young man. The Panama Railway company has ent. here were 54,000,000 barrels proWilson is in an exhausted condition after brought suit against the State of New but only 50,509,136, valued at his 60-hour nap, but will probably reSaintly Race I York to recover $94,035.85 taxes paid on 4,196 in 1892. cover. tenapital stock. on the grounds that its Said one of a group of ural gas is also falling off both in entire capital was invested in the Isthcafe of the Brower Hou Howard Convicted. ity and value. Its high water mark mus of Panama, and not in New York. ago: "I shut up an ol JACKSON, Tenn., Jan. 4.-After a trial eached in 1888, when the product railing against the wick Eastbound shipments from Chicago of 29 days, the examination of 29 witalued at $22,629,875. horses yesterday, and h last week showed a very heavy increase, nesses, and the reading and proving of total value of metallic minerals tight that he stayed S it being the last week of the cut rates. several hundred letters, the second trial he year was $303,175,629; nonwas about. It was on The total shipments were 113,516 against of the Rev. Dr. Howard ended, and the lic, $375,003,109, and unspecified ing to go to the track, a 77,019 for the week previous. Lake defendant stands convicted as charged als, $10,000,000. ing forth at a great rat shipments during the year amounted to in all the counts. The charges are using ) ort_reviews in detail the use of men who sat near him a 3,063,382 tons. the mails for frandulent purposes in carthe Ann't num and states that the principal


Article from The Princeton Union, January 4, 1894

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Receivers for the Citizens' Bank. Minot, N. D., Jan. 3.-H. F. Salyards, president of the First National bank of this city, has been appointed receiver of the Citizens' Bank of Minot, and will proceed to wind up its affairs.


Article from Bismarck Weekly Tribune, January 5, 1894

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STATE NEWS. Items of Interest Gathered From All Parts of North Dakota. Stuteman county has 1,400 school children. Blind piggers at Kulm and Edgeley have been arrested. Jamestown business men will close at 6:30 until March 1st. Fire in Grand Forks, Monday did $2,000 worth of damage. Christ Anderson is missing from Grand Forks and foul play is feared. Fargo Masons formally opened their new temple Wednesday evening. The Jamestown blind cases-eight in number, have been dismissed. Senator and Mrs. R. N. Ink are going to California to spend the winter. H. F. Salyards has been appointed receiver of the Citizen's bank of Minot. Fargo's new hotel, the Metropole, has been opened with appropriate ceremonies. Frank Bulger of Ardock, was held up at Grand Forks and relieved of $217 and a gold watch. Druggist Fawcett of Cando, gets ninety days, $300 and costsfor maintaining a nuisance. T. Oestby, a Fargo wood-sawyer is out a finger. He tested a circular saw and found it sharp. Hon. William Barry, a leading populist was married December 29th to Mrs. Mary Nass at Inkster. The Citizens Natianal bank of Wahpeton, has $45,000 in cash on hand and deposits of only $36,000. Hillsboro has been appointed as the place for holding the next State Teachers' association meeting. Fargo's new opera house will be finished January 25th. No date for opening has been fixed yet. The Milton Globe expects soon to be defendant in a $10,000 libel suit, in which one Nels Erickson is plaintiff. The next state militia encampment may possibly be held in June. Jamestown is spoken of as the place. Mrs. Senator Hansbrough is in New York and will have to remain there two months for medical treatment. John McGinnis of Parkhurst, sent a young buffalo to Dr. Archibald at the insane asylum for a Christmas present. J. W. Sheppard of the Minnewaukan Siftings, is now running an agricultural paper, the Minnesota Farmer, in Minneapolis. Oliver Dalrymple of the farm of that name, feeds his wheat to hogs, instead of marketing it, and recently cleared $2,000 on two carloads. William Weaver of Durbin, has a herd of eight buffaloes, which he has (arranged to take to the Midwinter Exposition at San Francisco. Professor Davis, a Jamestown dancing master, has skipped, leaving his pupils in the lurch, and leaving also, numerous unsettled accounts. Immigration Inspector Levy, who was appointed to Pembina from down in Texas has jumped his job. Pembina was too cold for him. It is reported that pot hunters have recently killed over 600 prairie chickens that were taking shelter in the timber in the Turtle mountains. An aged woman named Hincly from St. Paul attempted suicide at Grand Forks Saturday by cutting her throat, but was unsuccessful. The creditors of Lloyds' bank have petitioned the comptroller of the currency to assess the stockholders and declare a dividend at once. A. S. Robison has on his ranch, near Dickinson, a wolf hound which recently caught a deer in a 4 mile chase. The deer had 300 yards the start. Miss Pearl Patterson of Wahpeton carried off the junior and Miss Blanche Hagler of Larimore the senior honors at the state oratorical contest. The Pepke case, involving the constitutionally of a portion of the state prohibition law, has been appealed to the United States supreme court. Hon. Waldo M. Potter of Fargo, has given Franklin Potter, editor of the LaMoure Chronicle, a bran new dress for his paper as a Christmas present. Ed Lettebly of Mandan, had the teeth knocked out of one side of his


Article from The Washburn Leader, January 13, 1894

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Sitturday, Jan. B. Judge Templeton has la grippe and the Grafton terin of court is adjourned, H. F. Splyards has been appointed receiver for the Citizens' Bank of Minot. The Citizens' National Bank of Wahpeton has $45,000 in cash on hand and deposits of only $36,000. Deputy Sheriffs closed four blind pigs in western Walsh county and seized the stuff-ore at Park River, one at Pisck and two at Conway. George Kessler, lineman on the Northern Pacific, died at Grand Forks Tuesday afternoon after a comparatively short illness of typhoid fever. :- Rev. C. F. Greene has resigned his charge. at Mandan and has accepted a call. to take charge of the Sscond Methodist church at Jacksonville, Fla. He preached his farewell sermon last Sabbath. Leading citizens of Cando have peti-, tioned Gov. Shortridge to pardon Maj. Fawcett, the druggist of that city who was recently sentenced to ninety days' imprisonment and a fine of $300, for 1 selling liquor. Creditors of Lloyd's bank have sent to Comptroller Eckles a petition requesting that an assessment of stockholders be made at once. The reason for the request is that no reason exists to believe that the assets of the bank will pay the amount due, and that it is safer to collect the liabilities from the stockholders now than wait and take the chances of failure in business, loss of property, etc., that are liable to occur to any person:


Article from Courier Democrat, January 18, 1894

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THROUGH OUT THE STATE TERESTING NEWS FROM ALL PARTS OF THE STATE. A Condensed Record of the Important Happenings of the Week in North Dnkota, Arranged for Rapid Reading. Saturday, Jan. 6. Judge Templeton has la grippe and the Grafton term of court is adjourned. H. F. Salyards has been appointed receiver for the Citizens' Bank of Minot. The Citizens' National Bank of Wahpeton has $45,000 in cash on hand and deposits of only $36,000. Deputy Sheriffs closed four blind pigs in western Walsh county and seized the stuff-one at Park River, one at Pisek and two at Conway. George Kessler, lineman on the Northern Pacific, died at Grand Forks Tuesday afternoon after a comparatively short illness of typhoid fever. Rev. C. F. Greene has resigned his charge at Mandan and has accepted a call to take charge of the Sscond Methodist church at Jacksonville, Fla. He preached his farewell sermon- last Sabbath. Leading citizens of Cando have petitioned Gov. Shortridge to pardon Maj. Fawcett, the druggist of that city who was recently sentenced to ninety days' imprisonment and a fine of $300 for selling liquor. Creditors of Lloyd's bank have sent to Comptroller Eckles a petition requesting that an assessment of stockholders be made at once. The reason for the request is that no reason exists to believe that the assets of the bank will pay the amount due, and that it is safer to collect the liabilities from the stockholders now than wait and take the chances of failure in business, loss of property, etc., that are liable to occur to any person.