Bank of Wahpeton - Wahpeton, ND

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: October 29, 1891
Location: Wahpeton, North Dakota (46.265, -96.606)

Metadata

Model: gpt-5-mini
Short Digest: 1e240c37

Response Measures

None

Description

Article (The Wahpeton Times, 1891-10-29) refers to the 'failure of the Bank of Wahpeton' and settlement for amounts lost. No explicit mention of a depositor run; the bank appears to have failed and been closed/placed in receivership. Dating is taken from the publication date.

Events (2)

1. October 29, 1891 Receivership

Newspaper Excerpt: the sum claimed to have been lost by the failure of the Bank of Wahpeton
Source: newspapers

2. October 29, 1891 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Article describes a failure of the bank and losses for which settlements are to be made; indicates bank-specific insolvency or loss event.
Newspaper Excerpt: the sum claimed to have been lost by the failure of the Bank of Wahpeton
Source: newspapers

Newspaper Articles (1)

1. October 29, 1891 The Wahpeton Times Wahpeton, ND

Article from The Wahpeton Times, October 29, 1891

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Article Text

Board of Education. The regular session of the board of education was held on Tuesday evening. Miss Lillian Fradenburgh was unanimously chosen as assistant to the principal for the balance, seven weeks, of the present term,at a salary of $45 a month. Messrs. McCumber, Formaneck an d Sleeper were appointed as a committee to Wm. Northey and his attor: ney in conference with a view to making settlement for the amount with which he stands charged, outside of the sum claimed to have been lost by the failure of the Bank of Wahpeton, The action of this committee is subject to the approval of the board. The parcels of land belonging to Jos. Chizeck and Albert Chizeck were annexed to this district. The janitor was instructed to get the new fornaces*put in complete running order as soon as possible.