Article Text
National Bank in Nebraska Fails. GRANT, Neb., July 27.-The First national bank of this city closed its doors Thursday. Depositors are left to the amount of about $25,000. The cause assigned is stringency of money.
13078. First National Bank (Grant, NE)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- national
- Bank ID
- 4170
- Charter Number
- 4170
- Start Date
- July 26, 1894
- Location
- Grant, Nebraska (40.842, -101.725)
Metadata
- Model
- gpt-5-mini
- Short Digest
71d6ae1d
Response Measures
None
Receivership Details
- Depositor recovery rate
- 100.0%
- Date receivership started
- 1894-08-14
- Date receivership terminated
- 1895-09-17
- OCC cause of failure
- Losses
- Share of assets assessed as good
- 13.3%
- Share of assets assessed as doubtful
- 84.1%
- Share of assets assessed as worthless
- 2.6%
Description
Multiple contemporary reports state the First National Bank of Grant, Nebraska, closed its doors on July 26, 1894 and the Comptroller of the Currency appointed W. L. Rutledge receiver in mid-August. No articles describe a depositor run; closure led to a federal receivership (government action).
Events (4)
1.
December 4, 1889
Chartered
- Source
- historical_nic
2.
July 26, 1894
Suspension
- Cause
- Government Action
- Cause Details
- Bank closed its doors on July 26, 1894 attributed to stringency of money; closure resulted in appointment of a receiver.
- Newspaper Excerpt
- The First national bank of this city closed its doors Thursday. Depositors are left to the amount of about $25,000. The cause assigned is stringency of money.
- Source
- newspapers
3.
August 14, 1894
Receivership
- Source
- historical_nic
4.
August 14, 1894
Receivership
- Newspaper Excerpt
- The controller of the currency to-day appointed W. L. Rutledge receiver of the First National bank of Grant, Neb., which closed its doors on the 26th ult.
- Source
- newspapers
Newspaper Articles (12)
Click image to open full size in new tab
Click image to open full size in new tab
Article Text
DOMESTIC DOTS Newsy Notes From All Portions or the Land Over Which the Stars and Stripes Wave. Omaha, Neb., Aug. 14.-The Fifteenth district Republican convention is in a deadlock. On the twenty-third ballot at midnight the result was. Church Howe, 51; Jesse Strode. 51; Judge Chapman, 39. Washington, Aug. 14.-Hon. Clifton R. Breckinridge, of Arkansas, today was qualified as minister to Russia. Mr. Brickinridge expects to leave in about a month and will make several stops before reaching his destination. San Francisco, Aug. 14.-Among the arrivals on the steamship Walla Walla from Puget sound ports today were Lord and Lady Randolph Churchill and Dr. M. E. Keith, who accompanies Lord Churchill as physician. After a few days sojourn in California the party will sail for Australia via Hawaii and Samoa. Little Rock, Ark., Aug. 14.-Governor Fishback today received a telegram from Clifton R. Breckinridge, resigning his seat in Congress. A special election to fill the vacancy has been called for Sept. 3. St. Joe. Mo., Aug. 14.-The Prohibitionists of the Fourth congressional district today nominated Rev. J. J. Bentley, of Marysville for Congress. Philadelphia, Aug. 14.-The Bethlehem Steel company began delivering Cramp's ship yards today the 630 tons of 18-inch side armòr for the battleship Indiana. The work of putting the plates in place will be begun at once, but it will be six months before this delicate operation is finished. Washington, Aug. 14.-Comptroller Eckels today appointed W. L. Rutledge receiver of the First National bank of Grant. Neb., which closed its doors on the 26th ult. Excelsior Springs, Mo., Aug. 14.-In the Third district Republican congressional convention today, Judge H. G. Ordin, of Mercer county. was nominated to make the race for Congress against Congressman Dockery. Madison, Wis., Aug. 14.-The state of Wisconsin is about to sue the United States government for $7,975,000 on a claim for munitions of war. etc., furnished in 1861. which were paid for only in part by the United States under act of July 25, 1861, and for interest on deferred payments. Detroit, Mich., Aug. 14.-Several notable crack shots were among those who took part in the fourth international shoot at Des-Chree-Shos-Ka today. The event of the day was the two man team race for the championship of the United States and Canada. It was won by Helkes and Young by a score of 47 out of a total of 50. Jefferson City, Mo., Aug. 14.-The Republicans of this, the Eighth congressional district, this afternoon nominated Dr. Jesse Hubbard for Congress to run in opposition to Hon. Richard P. Bland. Washington, Aug. 14.-One hundred and four members of the industrial army were sent away from here tonight via the Chesapeake & Ohio railway. New York, Aug. 14.-The Salvation army this evening, laid the corner stone of Mrs. General Booth's memorial building to be erected on Fourteenth street near Sixth avenue. The building will be used as the general headquarters of the army in America. It will cost $350,000. Cleveland. O., Aug. 14.-The annual meeting of the United Vapor manufacturers association was held today. The old officers were re-elected and no changes were made in price schedules.
Click image to open full size in new tab
Article Text
Appointed Receiver. Washington. Aug. 15.-The controller of the currency to-day appointed W. L. Rutledge receiver of the First National Bank of Grant, Neb., which closed its doors to business on the 26th ult.
Click image to open full size in new tab
Article Text
PITH OF THE NEWS EVENTS OF THE PA$TWEEK IN A CONDENSED I'ORM. The Latest and Most Important News of the World, Culled From the Telegraph Reports of the Press Associations. Washington, The controller of the currency has appointed W. L. Rutledge receiver of the First National bank of Grant, Neb. The senate in executive session confirmed the Chinese treaty. The vote was 47 yeas to 20 nays. Withdrawals of whisky from bond are expected to swell the treasury receipts by $18,000,000 before the tariff bill goes into effect. In the agricultural appropriation bill the present fiscal year is an item of $10,000 for the study of the economy of food by the people of the United States. Secretary Carlisle in a letter to Senator Harris says the enactment of the free sugar, coal, iron and barbed wire bills would cause a deficiency of over $20,000,000 next year. Secretary Morton declines to accept a suggestion made by Senator Hansbrough that he send a special agent to North Dakota to examine the ravages of the Russian thistle. Republican senators will offer several amendments to the supplem ental tariff bills, including one for the repeal of the tariff bill now in the hands of the president. The house voted to recede on the senate tariff bill, virtually passing that measure. Mr. Cleveland will allow it to become a law without his signature. The house passed separate bills for free coal. free iron ore and free barbed wire.
Click image to open full size in new tab
Article Text
PITH OF THE NEWS EVENTS OF THE PASTWEEK IN A CONDENSED FORM. The Latest and Most Important News of the World, Culled From the Telegraph Reports of the Press Associations. Washington. The controller of the currency has appointed W. L. Rutledge receiver of the First National bank of Grant, Neb. The senate in executive session confirmed the Chinese treaty. The vote was 47 yeas to 20 nays. Withdrawals of whisky from bond are expected to swell the treasury receipts by $18,000,000 before the tariff bill goes into effect. In the agricultural appropriation bill the present fiscal year is an item of $10,000 for the study of the economy of food by the people of the United States. Secretary Carlisle in a letter to Senator Harris says the enactment of the free sugar, coal, iron and barbed wire bills would cause a deficiency of over $20,000,000 next year. Secretary Morton declines to accept a suggestion made by Senator Hansbrough that he send a special agent to North Dakota to examine the ravages of the Russian thistle. Republican senators will offer several amendments to the supplem ental tariff bills, including one for the repeal of the tariff bill now in the hands of the president. The house voted to recede on the senate tariff bill, virtually passing that measure. Mr. Cleveland will allow it to become a law without his signature. The house passed separate bills for free coal, free iron ore and free barbed wire.
Click image to open full size in new tab
Article Text
PITH OF THE NEWS EVENTS OF THE PASTWEEK IN A CONDENSED FORM. The Latest and Most Important News of the World, Culled From the Telegraph Reports of the Press Associations. Washington. The controller of the currency has appointed W. L. Rutledge receiver of the First National bank of Grant, Neb. The senate in executive session confirmed the Chinese treaty. The vote was 47 yeas to 20 nays. Withdrawals of whisky from bond are expected to swell the treasury receipts by $18,000,000 before the tariff bill goes into effect. In the agricultural appropriation bill the present fiscal year is an item of $10,000 for the study of the economy of food by the people of the United States. Secretary Carlisle in a letter to Senator Harris says the enactment of the free sugar, coal, iron and barbed wire bills would cause a deficiency of over $20,000,000 next year. Secretary Morton declines to accept a suggestion made by Senator Hansbrough that he send a special agent to North Dakota to examine the ravages of the Russian thistle. Republican senators will offer several amendments to the supplem ental tariff bills, including one for the repeal of the tariff bill now in the hands of the president. The house voted to recede on the senate tariff bill, virtually passing that measure. Mr. Cleveland will allow it to become a law without his signature. The house passed separate bills for free coal, free iron ore and free barbed wire.
Click image to open full size in new tab
Article Text
Washington. The controller of the currency has appointed W. L. Rutledge receiver of the First National bank of Grant, Neb. The senate in executive session confirmed the Chinese treaty. The vote was 47 yeas to 20 nays. Withdrawals of whisky from bond are expected to swell the treasury receipts by $18,000,000 before. the tariff bill goes into effect. In the agricultural appropriation bill the present fiscal year is an item of $10,000 for the study of the economy of food by the people of the United States. Secretary Carlisle in a letter to Senator Harris says the enactment of the free sugar, coal, iron and barbed wire bills would cause a deficiency of over $20,000,000 next year. Secretary Morton declines to accept a suggestion made by Senator Hansbrough that he send a special agent to North Dakota to examine the ravages of the Russian thistle. Republican senators will offer several amendments to the supplem ental tariff bills, including one for the repeal of the tariff bill now in the hands of the president. The house voted to recede on the senate tariff bill, virtually passing that measure. Mr. Cleveland will allow it to become a law without his signature. The house passed separate bills for free coal, free iron ore and free barbed wire.
Click image to open full size in new tab
Article Text
for congress by republicans at Nebraska City, Neb., on the 1,246th ballot. Drunken ruffians attacked the congregation of a negro church, near Brazil, Ind., and many persons were seriously injured. Robbers blew the safe in the postoffice at Cynthiana. Ind., and stole stamps and other property valued at $1,200. Treasury officials were encouraged by the addition of $333,000 to the gold reserve. bringing the figures up to $53.112,902. Government officials have decided to send enough war ships to Corea to protect American interests during the Japanese-Chinese war. Naval regulations have been changed reversing the policy of permitting right of asylum for political refugees on American vessels. Rt. Rev. Dr. O'Hara, Roman Catholic bishop of Scranton, Pa., is lying critically III at the cottage of his brother, Dr. O'Hara, at Cape May. Hon. Clifton R. Breckinridge of Arkansas has qualified as minister to Russia. Mr. Breckinridge expects to leare the United States in about a month. General John A. Logan's old home at Marion, Ind., the house in which be married Miss Mary Cunningham, has been destroyed by fire. Michigan populists are in a row over campaign funds of which they can get no account from Dr. Nichols, the gubernatorial candidate. "General" Coxey was driven out of Camp Lost Liberty by a party of his deluded and enraged followers, and narrowly escaped being mobbed. Thomas G. Newman, general agent of an insurance company at Hanuibal, Mo., shot and killed himself owing to a shortage of $175 in his accounts. Two carriage loads of young people returning home from a dance near St. Joseph, Mo., were held up by highway men and relieved of all their valuables. Henry H. Harris, editor of the Champaign (III) Daily Gazette, has sued E. B. Chapin, editor of the Champaign county News for $25,000 for defamation of character. Deaths: At New York, Elliot Roose velt, brother of the civil service commissioner; at St. Louis, Mrs. Virginia L. Miner, a prominent woman suffrage agitator. Fears are entertained that J. M. Allinendinger's dredge, which left Benton Harbor for Waukegan in tow of the tug Sanford, has been swamped and lost. The striking miners of the New York and Cleveland Gas Coal company have decided not to accept the company's terms. Only three of the 2,000 miners voted to return to work. The comptroller of the currency has appointed W. T. Ratledge receiver of the First National bank of Grant, Neb., which closed its doors to business on the 26th ultimo. The house committee on pensions has agreed to the senate bill to pension Mrs. Ada J. Schwatks, the widow of Lieutenant Frederick Schawatka, the Arctic explorer, at $30 a month. Attorney General O'Connor has been authorized to bring suit for recovery of the millions expended by Wisconsin for defense of the general government during the war. Three horse thieves were captured by thirty members of the Ross Township (Ind.) Horse Thief association after a fight in which 100 shots were fired. Joseph Leicht, of Winona, Minn., was elected supreme arch of the druids at the Columbus meeting. Milwaukee was selected for the supreme grove gathering in 1896. Frederick Remann was named for congress by republicans of the eighteenth Illinois district, and Alexander Stewart by republicans of the ninth Wisconsin Bids for the $3,000,000 Chicago sanitary district bonds disappointed the trustees. Only two were received for the entire amount and the highest offer was 100.57.
Click image to open full size in new tab
Article Text
Treasury officials were encouraged by the addition of $333,000 to the gold reserve. bringing the figures up to $53.112,902. Government officials have decided to send enough war ships to Corea to protect American interests during the Japanese-Chinese war. Naval regulations have been changed reversing the policy of permitting right of asylum for political refugees on American vessels. Rt. Rev. Dr. O'Hara, Roman Catholic bishop of Scranton, Pa., is lying critically ill at the cottage of his brother, Dr. O'Hara, at Cape May. Hon. Clifton R. Breckinridge of Arkansas has qualified as minister to Russia. Mr. Breckinridge expects to leave the United States in about a month. General John A. Logan's old home at Marion, Ind., the house in which he married Miss Mary Cunningham, has been destroyed by fire. Michigan populists are in a row over campaign funds of which they can get no account from Dr. Nichols, the gubernatorial candidate. "General" Coxey was driven out of Camp Lost Liberty by a party of his deluded and enraged followers, and narrowly escaped being mobbed. Thomas G. Newman, general agent of an insurance company at Hannibal, Mo., shot and killed himself owing to a shortage of $175 in his accounts. Two carriage loads of young people returning home from a dance near St. Joseph, Mo., were held up by highway men and relieved of all their valuables. Henry H. Harris, editor of the Champaign (III.) Daily Gazette, has sued E. B. Chapin, editor of the Champaign county News for $25,000 for defamation of character. Deaths: At New York, Elliot Roosevelt, brother of the civil service commissioner; at St. Louis, Mrs. Virginia L. Miner, a prominent woman suffrage agitator. Fears are entertained that J. M. Allmendinger's diedge, which left Benton Harbor for Waukegan in tow of the tug Sanford, has been swamped and lost. The striking miners of the New York and Cleveland Gas Coal company have decided not to accept the company's terms. Only three of the 2,000 miners voted to return to work. The comptroller of the currency has appointed W. T. Ratledge receiver of the First National bank of Grant, Neb., which closed its doors to business on the 26th ultimo. The house committee on pensions has agreed to the senate bill to pension Mrs. Ada J. Schwatka, the widow of Lieutenant Frederick Schawatka, the Arctic explorer, at $30 a month. Attorney General O'Connor has been authorized to bring suit for recovery of the millions expended by Wisconsin for defense of the general government during the war. Three horse thieves were captured by thirty members of the Ross Township (Ind.) Horse Thief association after a fight in which 100 shots were fired. Joseph Leicht, of Winona, Minn., was elected supreme arch of the druids at the Columbus meeting. Milwaukee was selected for the supreme grove gathering in 1896. Frederick Remann was named for congress by republicans of the eighteenth Illinois district, and Alexander Stewart by republicans of the ninth Wisconsin. Bids for the $3,000,000 Chicago sanitary district bonds disappointed the trustees. Only two were received for the entire amount and the highest offer was 100.57. Silicon won the $24,00 purse for 4-year-old trotters at Terre Haute, Mary Best, the favorite, getting second money. Pamlico beat Azate in the 2:10 trot, earning a new mark. Three records were broken by wheelmen at Denver. Ziegler rode an unpaced mile in 2:09, Maddox an unpaced third in 0:38 3-5 and Taxis an unpaced eighth in 0:13. Mrs. Melinda Hayes, charged with poisoning W. G. Minard, in Chicago, was freed by Judge Gibbons, who held the evidence to be insufficient. H. V. Wiggins, a witness for the prosecution, was arrested, charged with perjury. Edward A. Strak, a lumber dealer of Fort Wayne, Ind., has made an assignment. The value of property assigned is worth between $25,000 and $30,000. The liabilities are probably $20,000.
Click image to open full size in new tab
Article Text
PITH OF THE NEWS EVENTS OF THE PASTWEEK IN A CONDENSED FORM. The Latest and Most Important News of the World, Culled From the Telegraph Reports of the Press Associations. Washington. The controller of the currency has appointed W. L. Rutledge receiver of the First National bank of Grant, Neb. The senate in executive session confirmed the Chinese treaty. The vote was 47 yeas to 20 mays. Withdrawals of whisky from bond are expected to swell the treasury receipts by $18,000,000 before the tariff bill goes into effect. In the agricultural appropriation bill the present fiscal year is an item of $10,000 for the study of the economy of food by the people of the United States. Secretary Carlisie in a letter to Senator Harris says the enactment of the free sugar, coal. iron and barbed wire bills would came a deficiency of over $20,000,000 next year. Secretary Morton declines to accept a suggestion made Ty Senator Hausbrough that he send a special agent to North Dakota to examine the ravages of the Russian thistle. Republican senators will offer several amendments to the supplem ental tariff bills, including one for the repeal of the tariff bill now in the hands of the president. The house voted to recede on the senate tariff bill, virtually passing that measure. Mr. Cleveland will allow it to become a law without his signature. The house passed separate bills for free coal, free iron ore and free barbed wire.
Click image to open full size in new tab
Article Text
PITH OF THE NEWS ENTS OF THE PASTWEEK IN A CONDENSED FORM. The Latest and Most Important News of the World, Culled From the Telegraph Reports of the Press Associations. Washington. The controller of the currency has appointed W. L. Rutledge receiver of the First National bank of Grant. Neb. The senate in executive session confirmed the Chinese treaty. The vote was 47 yeas to 20 nays. Withdrawals of whisky from bond are expected to swell the treasury receipts by $18,000,000 before the tariff bill goes into effect. In the agricultural appropriation bill the present fiscal year is an item of $10,000 for the study of the economy of food by the people of the United States. Secretary Carlisle in a letter to Senator Harris says the enactment of the free sugar, coal, iron and barbed wire bills would cause a deficiency of over $20,000,000 next year. Secretary Morton declines to accept a suggestion made by Senator Hansbrough that he send a special agent to North Dakota to examine the ravages of the Russian thistle. Republican senators will offer several amendments to the supplem ental tariff bills, including one for the repeal of the tariff bill now in the hands of the president. The house voted to recede on the senate tariff bill, virtually passing that measure. Mr. Cleveland will allow it to become a law without his signature. The house passed separate bills for free coal, free iron ore and free barbed wire.
Click image to open full size in new tab
Article Text
PITH OF THE NEWS ENTS OF THE PASTWEEK IN A CONDENSED FORM. The Latest and Most Important News of the World, Culled From the Telegraph Reports of the Press Associations. Washington. The controller of the currency has appointed W. L. Rutledge receiver of the First National bank of Grant, Neb. The senate in executive session confirmed the Chinese treaty. The vote was 47 yeas to 20 mays. Withdrawals of whisky from bond are expected to swell the treasury receipts by $18,000,000 before the tariff bill goes into effect. In the agricultural appropriation bill the present fiscal year is an item of $10,000 for the study of the economy of food by the people of the United States. Secretary Carlisie in a letter to Senator Harris says the enactment of the free sugar, coal. iron and barbed wire bills would cause a deficiency of over $20,000,000 next year. Secretary Morton declines to accept a suggestion made by Senator Hansbrough that he send a special agent to North Dakota to examine the ravages of the Russian thistle. Republican senators will offer several amendments to the supplem ental tariff bills, including one for the repeal of the tariff bill now in the hands of the president. The house voted to recede on the senate tariff bill, virtually passing that measure. Mr. Cleveland will allow it to become a law without his signature. The house passed separate bills for free coal, free iron ore and free barbed wire.