First National Bank

Bank Information

Episode Type: Run Only
Bank Type: national
Bank ID: 6341
Charter Number: 6341
Start Date: November 27, 1905
Location: Rugby, North Dakota (48.369, -99.996)

Metadata

Model: gpt-5-mini
Short Digest: cc692794

Response Measures

Books examined

Description

Article (Bismarck Daily Tribune, 1905-11-27) reports a run on the First National Bank of Rugby after the cashier/mayor Andy Jones was arrested on an embezzlement charge. An examiner was said to be investigating. No suspension, reopening, or receivership is mentioned.

Events (1)

1. November 27, 1905 Run

Cause: Bank Specific Adverse Info
Cause Details: Run triggered by arrest of cashier/mayor Andy Jones on a charge of embezzling $1,400 from the Northwestern Land Company.
Newspaper Excerpt: This turn of the wheel has caused a run on Jones' bank, and the Minot Optic says Bank Examiner Chapman will make an investigation of the bank's affairs.
Source: newspapers

Newspaper Articles (1)

1. November 27, 1905 Bismarck Daily Tribune Bismarck, ND

Article from Bismarck Daily Tribune, November 27, 1905

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Article Text

H. O. T. at Rugby. All kinds of trouble at Rugby seems to have grown out of the fued between State's Attorney Whittemore and Andy Jones, mayor of the city and cashier of the First National bank. It is said Jones tried and failed to have Whittemore disbarred and in retaliation Whittemore has had Jones arrested on a charge of embezzling $1,400 from the Northwestern Land company. This turn of the wheel has caused a run on Jones' bank, and the Minot Optic says Bank Examiner Chapman will make an investigation of the bank's affairs. Warm times are looked for in Rugby.