13288. German Bank (Murdock, NE)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
July 1, 1902
Location
Murdock, Nebraska (40.926, -96.280)

Metadata

Model
gpt-5-mini
Short Digest
6460a31f

Response Measures

None

Description

Multiple articles (July 1902) report the German state bank at Murdock, Neb., closed by order of the State Banking Board; stockholders posted bond to wind up affairs and no receiver was appointed. No run is described in the coverage; closure appears permanent with assets to be wound up by stockholders.

Events (1)

1. July 1, 1902 Suspension
Cause
Government Action
Cause Details
Closed by order of the State Banking Board after discovery that an officer violated the law (issuing an unregistered $3,000 certificate of deposit); stockholders later posted bond to settle claims and wind up affairs; no receiver appointed.
Newspaper Excerpt
The German state bank at Murdock, Neb., closed its doors with liabilities of $37,000.
Source
newspapers

Newspaper Articles (22)

Article from Watertown Republican, July 5, 1902

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# LATER. Senator Elkins (W. Va.) made a speech in the United States senate on the 30th ult. advocating annexation of Cuba. A bill was passed granting Admiral Schley full pay and allowances in his retirement. In the house the conference report on the Philippine bill was passed and the report on the naval appropriation bill was disagreed to. A partial report on the general deficiency appropriation bill was adopted. The first session of the Fifty-seventh congress adjourned sine die on the 1st. The Philippine bill and remaining appropriation bills were disposed of in conference during the day and signed by the president. Senator Allison announced that the total appropriations for the session were $800,193,837, against $730,338,575 last year. Before adjournment the usual resolutions were adopted thanking President Pro Tempore Frye of the senate and Speaker Henderson of the house for their services. The eighth week of the anthracite coal strike is marked by an attempt of operators to begin work. Miss Jeanne Langtry, daughter of the actress, was married in London to Ian Z. Malcolm, a member of the British parliament. The repeal of war taxes, which has gone into effect, will diminish the government's yearly revenue $73,000,000. Over 490,000 immigrants arrived at New York during the last fiscal year. The increase over 1901 was 150,000. Gen. Cronje took the oath of allegiance to King Edward on the island of St. Helena. Hayti's political factions have abandoned their presidential campaign and armed for war, and fighting has started near Port au Prince. The McKinley monument fund will receive about $12,000 from Indiana. Mount Wrangel, Alaska, is reported in eruption, clouds of black smoke rolling from its crest. A train on the New York Central railroad made the trip from Albany to Syrcause, 148 miles, in 145 minutes, breaking the world's record for long distance running. The German state bank at Murdock, Neb., closed its doors with liabilities of $37,000. Earthquakes are reported to have occurred simultaneously in 20 towns of Asia Minor and many houses collapsed. Arbitration is the keynote of the report of Labor Commissioner Wright on the coal strike. At Cleveland, O., Eugene Howard, 49 years old, shot and instantly killed his wife and then killed himself. Crops in Illinois and neighboring states are greatly damaged by rains, but the injury is not yet disastrous. Senator Bailey (Tex.) made a violent personal attack on Senator Beveridge (Ind.) on the floor of the senate after adjournment and threatened the life of the Indianian, but was restrained by bystanders. Three children of Herman Offerman died in Davenport, Ia., from eating green grapes. During the fiscal year ended June 30 the total coinage executed at the mints of the United States was $94,526,678. Bulletins issued by the physicians of King Edward show that the royal patient is gaining steadily. At the close of business June 30 the total circulation of national bank notes was $356,672,091, an increase for the year of $2,929,904. The gunboat Marietta arrived at Cape Haytian to protect American interests. The June fire loss in the United States was $11,100,000, against $8,200,000 in 1901. The loss for the year ended June 30 was $83,000,000. The government crop report shows great damage by storms in central Indiana and southern Ohio. Alaska Indians believe they have discovered Noah's ark on a high hill near the arctic circle. The Minnesota republicans in convention in St. Paul nominated a full state ticket headed by Gov. Van Sant, chosen to succeed himself, and indorsed President Roosevelt for re-election. Gov. A. T. Bliss, of Michigan, has given Albion college $21,000. Dudley H. Chase, for 18 years judge of the Twenty-ninth judicial circuit of Indiana, died suddenly at Logansport, aged 65 years. Mrs. Eva Wiellinski died in Chicago, aged 103 years. Fire wiped out the business portion of Conway, N. D. The public debt statement issued in the 1st shows that the debt decreased $13,012,332 during the month of June. The cash balance in the treasury was $358,574,115. The total debt, less the cash in the treasury, amounts to $969,457,241.


Article from The L'anse Sentinel, July 12, 1902

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DOMESTIC. Crops in Illinois and neighboring states are greatly damaged by rains, but the is not yet injury disastrous. mades Senator Bailey (Tex.) violent attack on on the floor of the personal (Ind.) Senator senate Beveridge the after life adjournment and threatened of the Indianian, but was restrained by bystanders. The repeal of war taxes, which has gone into effect, will diminish the government's yearly revenue $73,000,000. Over 490,000 immigrants arrived at New York during the last fiscal year. The increase over 1901 was 150,000. The Wilkesbarre (Pa.) Citizens' alliance has begun war on the boycott and announced its intention of protecting miners who want to work. Mount Wrangel, Alaska, is reported in eruption, clouds of black smoke rolling from its crest. The German state bank at Murdock, Neb., closed its doors with liabilities of $37,000. A train on the New York Central made the trip from Albany 148 miles, in to railroad Syrcause, record 145 min- for utes, breaking the world's long distance running. Arbitration is the keynote of the report of Labor Commissioner Wright on the coal strike. At Cleveland, O., Eugene Howard, 49 years old, shot and instantly killed his wife and then killed himself. Sheriff A. J. Bullard and Under Sheriff Coburn, of Roger Mills county, Oklahoma, were killed in a battle with horse thieves. The McKinley monument fund will receive about $12,000 from Indiana. debt statement in the that the debt The 1st public shows decreased issued during the month of June. balance in the $13,012,332 The cash treasury less was the $358,574,115. The total debt, cash in the treasury, amounts to $969,457,241. During the fiscal year ended June 30 the total coinage executed at the mints of the United States was $94,526,678. Three children of Herman Offerman died in Davenport, Ia., from eating green grapes. Fire wiped out the business portion of Conway, N. D. Alaska Indians believe they have discovered Noah's ark on a high hill near the arctic circle. The International Order of Ma served on railroads to pay western chinists has notice the union eight observe the nine-hour day. close of scale At and the business June bank 30 the total circulation of national notes was $356,672,091, an increase for the year of $2,929,904. The government crop report shows great damage by storms in central Indiana and southern Ohio. The June fire loss in the United was $11,100,000, 1901. The loss for year 000 States in against the $8,200,ended June 30 was $83,000,000. M. Burke, a John retired $4,000,000 New York merchant, deeded as a relief fund for persons unable to help themselves through sickness or ill fortune. Gov. A. T. Bliss, of Michigan, has given Albion college $21,000. Vincenze Luigi, a striking miner, was killed by guards at the Lehigh valley colliery at Connellton, Pa. This was the first loss of life since the great strike commenced. A cyclone in Racine county, Wis., killed William Hess, damaged 40 houses and barns, killed 40 head of of stock and destroyed hundreds trees. All anarchists have been ordered out of Pittsburg, Pa. Admiral Dewey expressed displeasure at some questions asked by senators in the Philippine inquiry and was excused from answering. He severely criticised Aguinaldo. house held the legislative a on Sunday in 99 years session The first as memorial meeting for Congressmen o Cummings (N. Y.) and Peter J. Otey o (Va.). la Andrew Hellman, aged 65 years, well-known dairyman of Mount g Washington, Pa., killed his wife and S imself after a quarrel.


Article from Omaha Daily Bee, July 17, 1902

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BOND TO PAY DEPOSITORS Steckholders of German Bank of Murdook to Wind Up Affairs. POLITICIANS ARE HEADED FOR LINCOLN Full Attendance is Expected at the Meeting of the Republican State Committee Thursday Night. (From a Staff Correspondent.) LINCOLN, July 16.-(Special.)-Acting in accordance with a section of the Nebraska banking act, the State Board of Banking today approved the bond of the stock holders of the defunct German bank of Murdock, under which the stockholders agree to pay all claims against the institution within the next six months. By the terms of the agreement they are to be given possession of all of the paper and records of the bank. They will wind up its affairs in their own way, but are liable for all deposits and bills outstanding. It is understood that the stockholders will appoint C. F. Cuthman, cashier of the Bank of Murdock, as trustee. The liabilities of the defunct bank are approximately $40,000. The paper of the bank is said to be good for its face value. Mr. Cuthman was one of the stockholders of the institution. Under this arrangement no receiver will be appointed. The bond is for $70,000. The German bank of Murdock was closed by order of the State Banking board two weeks ago, it having been learned that one of its officers had been guilty of a direct violation of the law. This violation was the issuance of a certificate of deposit for $3,000, without having it registered in the bank, or the deposit credited. The law under which the stockholders are permitted to make the settlement is seldom made use of, only two or three bonds of this character having been approved in the last five years. In the case of the Omaha Savings bank, the stockholders of which obligated themselves to pay off all claims against the institution, an extension of time was given, but in the other cases the settlements were satisfactorily made within the time specified. State Committee Meeting. The meeting of the republican state central committee in this city tomorrow night will bring forth many of the party leaders and campaign workers. Chairman H. C. Lindsay has invited all nominees on the state and congressional tickets to attend the conference and the chairmen of the congressional district committees are also expected to be present. Mr. Lindsay has been in Hot Springs, S. D., for two weeks, taking treatment for rheumatism. He will return tomorrow afternoon and unless forced away by further illness will give his undivided attention to the work of the campaign until it closes. Acting Governor Steele this afternoon issued a proclamation offering a reward of $200 for the apprehension of William J. Alexander, murderer of Charles Hall. The murder was committed in Madison on July 4. Alexander had been gambling and claimed that he lost heavily. He undertook to hold up the establishment in which he had been playing and in the process shot and killed Hall. The identity of the murderer is not disputed. Hall was formerly a barber in Omaha. New Corporations. Articles of incorporation of the American Game company of Omaha were recorded in the secretary of state's office. They set forth that the object of the company is to promote the interests of indoor sports and pastimes and to purchase at retail and wholesale any games or supplies that may be needed. The company is capitalized for $10,000. Its incorporators are E. L. Jaynes, H. E. Jaynes and M. L. Lampheer. The Ivy Press company of this city has been incorporated with a capital stock of $15,000. The incorporators are Frank L. Lemon and Lincoln C. Lemon. The Henry Herman company, a Milwaukee company, incorporated under the laws of Nebraska, has changed its corporate name to the City Investment company. A certificate of the dissolution of the Nebraska Retail Liquor Dealers' Protective association was filed. The association recently reincorporated, using the old name without the word "protective" therein. William H. Thompson of Grand Island, fusion candidate for governor, filed a statement to the effect that he expended no money in securing the nomination. Because of his residence in the town where the conventions were held Mr. Thompson had an advantage over the other nominees on the fusion ticket, for as they were nonresidents, all had to pay for hotel accommodations. Later reports to the Department of Public Instruction show that five counties voted to organize adjunct High school districts in accordance with the free High school attendance law. They are Antelope, Jefferson, Madison, Douglas and Cass. A requisition was issued by the acting governor for the return of Leo Jordan, who is wanted in Omaha for trial on a complaint signed by Florence Smith, charging assault. He is under arrest in Creston, Ia. The Commercial club this afternoon voted to have the city tax cases appealed to the district court. The complaints are against the assessment of three public service corporations, the Nebraska Telephone company, the Lincoln Gas and Electric company and the Lincoln Traction company. The city council declined to disturb the figures returned by the tax commissioner. The Commercial elub asked to have all of them raised. Team Stolen at St. Edward. ST. EDWARD, Neb., July 16.-(Special.)A fine black driving team, together with a buggy and set of harness, belonging to Ed De Ware of this place, was stolen from his stable early Tuesday. There is no clue thief the


Article from The Broad Ax, December 27, 1902

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BUSINESS FAILVRES. Jan. 10-Cleveland, 0., Euclid Trust & Savings Co.; $1,500,000. 11-Painesville, 0., People's bank; $173,000. 14-Chicago, Geo. H. Phillips, "corn king," fails for second time in 7 months. 17-Albany, Ga., Commercial bank; $123,000. 28-Bellwood, Neb., Platte Valley state bank. Feb. 10-Detroit, Mich., City savings bank, on account of shortage of Vice President Frank C. Andrews. 25.-Belmont (0.) national bank. 26-Burnett, Tex., private bank of W. H. Westfall & Co. Mar. 3-Elkhart, III., State bank. 15-Wanatah, Ind., Julius Conitz, banker. 20-Americus, Ga., People's bank; $30,000. Apr. 4-St. Paul, U. S. Saving & Loan Co.; $800,000. 24-Algonac (Mich.) Banking Co.'s bank; $32,000. Jun. 3-Chicago, John A. & Alexander Davidson, marble contractors; $1,391,838. 13-Charleston (S. C.) Exposition Co., placed in receivers' hands; $450,000. 30-Murdock, Neb., German state bank; $37,000. Jul. 3-New York city, M. P. Anderson, real estate operator; $1,535,212. 29-Brooklyn, N. Y., Malcolm Brewing Co.; $800,000. Aug. 16-Elgin, Ill., Obadiah Sands Butter corporation, $445,000. 20-Cleveland, O., Forward Reduction Co., booming Texas oil; $500,000. 24-Elnora (Ind.) bank; $10,000. Sep. 2-New York, American bicycle trust. Oct. 7-Oto, Ia., bank of F. H. Cutting & J. T. Willett: $20,000. 16-New York, Gillman, Son & Co's banking house; $200,000. Nov. 5-Richmond, Va., Leon L. Strause, leaf tobacco; $300,500. 13-Boston. Central national bank. Dec. 8-Omaha, W. H. Bennett Co.'s. department store.


Article from The Rich Hill Tribune, January 1, 1903

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BUSINESS FAILVRES. Jan. 10-Cleveland. O., Euelid Trust & Savings Co.: $1 1,500,000. II-Painesville, O. People's bank: $173,000 Chirago, Geo. H. Phillips, "corn king, falls for second time in 7 months. 17-Albany, Ga., Commercial bank: $123,000 2-Bellwood. Neb., Platte Valley state bank Feb. 10-Detroit, Mich. City savings bank. on account of shortage of Vice President Frank c. Andrews Il-Belment (0) national bank Burnett Tex., private bank of W. R. Westfall & Co. Mar. 1-Elkhart, III., State bank. II-Wanatah Ind., Julhia Center banker. Americus, Ga., People's bank: $30,000. Apr 4-BL Paul, U. S. Saving & Loan Co.: $800,000. N-Algonaç (Mich.) Banking Co.'s bank; $32,000 Jun. 3-Chicago, John A. & Alexander Davideen. marble contractors $1,891,888. II-Charlesten (S. C.) Exposition Co., placed in receivers' hands: $450,000. as Murdeck, Neb., German state bank: $37,000 Jul. -New York city, M. P. Anderson, real estate operator; $1,580,242 20-Brooklyn. N. X4 Malcolm Brewing Co.: $800.000. Allg 16-Elgin, IIL. Obadlah Bands Butfor corporation, $445,000. 20-Clayeland, O., Forward Reduction Co., beening Texas all: $500.000. 24 Kloora (Ind) bank $10.000. step -New York American bioycle trust. -Treaton. N. In National Balt Ca sell $800,000.


Article from Perrysburg Journal, January 2, 1903

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BUSINESS FAILURES. Jan. 10-Cleveland, O., Euclid Trust & Savings Co.: $1,500,000. 11-Painesville, O., People's bank: $173,000. 14-Chicago, Geo. H. Phillips, "corn king," fails for second time in 7 months. 17-Albany, Ga., Commercial bank; $123,000. 28-Bellwood, Neb., Platte Valley state bank. Feb. 10-Detroit, Mich., City savings bank, on account of shortage of Vice President Frank C. Andrews. 25.-Belmont (O.) national bank. 26-Burnett, Tex., private bank of W. H. Westfall & Co. Mar. 3-Elkhart, III., State bank. 15-Wanatah, Ind., Julius Conitz, banker. 20-Americus, Ga., People's bank: $30,000. Apr. 4-St. Paul, U. S. Saving & Loan Co.: $800,000. 24-Algonac (Mich.) Banking Co.'s bank; $32,000. Jun. 3-Chicago, John A. & Alexander Davidson, marble contractors; $1,391,838. 13-Charleston (S. C.) Exposition Co., placed in receivers' hands; $450,000. 30-Murdock, Neb., German state bank; $37,000. Jul. 3-New York city, M. P. Anderson, real estate operator; $1,535,212. 29-Brooklyn, N. Y., Malcolm Brewing Co.: $800,000. Aug. 16-Elgin, Ill., Obadiah Sands Butter corporation, $445,000. 20-Cleveland, O., Forward Reduction Co., booming Texas oil; $500,000. 24-Elnora (Ind.) bank: $10,000. Sep. 2-New York, American bicycle trust. Oct. 7-Oto, Ia., bank of F. H. Cutting & J. T. Willett: $20,000. 16-New York, Gillman, Son & Co's banking house: $200,000. Nov. 5-Richmond, Va., Leon L. Strause, leaf tobacco; $300,500. 13-Boston. Central national bank. Dec. 8--Omaha, W. H. Bennett Co.'s. department store.


Article from The Bourbon News, January 2, 1903

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BUSINESS FAILVRES. Jan. 10-Cleveland, O., Euclid Trust & Savings Co.; $1,500,000. 11-Painesville, O., People's bank; $173,000. 14-Chicago, Geo. H. Phillips, "corn king," fails for secona time in 7 months. 17-Albany, Ga., Commercial bank; $123,000. 28-Bellwood, Neb., Platte Valley state bank. Feb. 10-Detroit, Mich., City savings bank, on account of shortage of Vice President Frank C. Andrews. 25.-Belmont (0.) national bank. 26-Burnett, Tex., private bank of W. H. Westfall & Co. Mar. 3-Elkhart, Ill., State bank. 15-Wanatah, Ind., Julius Conitz, banker. 20-Americus, Ga., People's bank; $30,000. Apr. 4-St. Paul, U. S. Saving & Loan Co.; $800,000. 24-Algonac (Mich.) Banking Co.'s bank; $32,000. Jun. 3-Chicago, John A. & Alexander Davidson, marble contractors; $1,391,838. 13-Charleston (S. C.) Exposition Co., placed in receivers' hands; $450,000. 30-Murdock, Neb., German state bank; $37,000. Jul. 3-New York city, M. P. Anderson, real estate operator; $1,535,212. 29-Brooklyn, N. Y., Malcolm Brewing Co.; $800,000. Aug. 16-Elgin, Ill., Obadiah Sands Butter corporation, $445,000. 20-Cleveland, O., Forward Reduction Co., booming Texas oil; $500,000. 24-Elnora (Ind.) bank; $10,000. Sep. 2-New York, American bicycle trust. Oct. 7-Oto, Ia., bank of F. H. Cutting & J. T. Willett; $20,000. 16-New York, Gillman, Son & Co's banking house; $200,000. Nov. 5-Richmond, Va., Leon L. Strause, leaf tobacco; $300,500. 13-Boyton. Central national bank. Dec. 8-Omaha, W. H. Bennett Co.'s. department store.


Article from The L'anse Sentinel, January 3, 1903

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BUSINESS FAILVRES. Jan. 10-Cleveland. O., Euclid Trust & Savings Co.; $1,500,000. 11-Painesville, O., People's bank: $173,000. 14-Chicago, Geo. H. Phillips, "corn king," fails for second time in 7 months. 17-Albany, Ga., Commercial bank; $123,000. 28-Bellwood, Neb., Platte Valley state bank. Feb. 10-Detroit, Mich., City savings bank, on account of shortage of Vice President Frank C. Andrews. 25.-Belmont (O.) national bank. 26-Burnett, Tex., private bank of W. H. Westfall & Co. Mar. 3-Elkhart, III., State bank. 15-Wanatah, Ind., Julius Conitz, banker. 20-Americus, Ga., People's bank; $30,000. Apr. 4-St. Paul, U. S. Saving & Loan Co.; $800,000. 24-Algonac (Mich.) Banking Co.'s bank; $32,000. Jun. 3-Chicago, John A. & Alexander Davidson, marble contractors; $1,391,838. 13-Charleston (S. C.) Exposition Co., placed in receivers' hands; $450,000. 30-Murdock, Neb., German state bank; $37,000. Jul. 3-New York city, M. P. Anderson, real estate operator; $1,535,212. 29-Brooklyn. N. Y., Malcolm Brewing Co.; $800,000. Aug. 16-Elgin, III., Obadiah Sands Butter corporation, $445,000. 20-Cleveland, O., Forward Reduction Co., booming Texas oil; $500,000. 24-Elnora (Ind.) bank: $10,000. Sep. 2-New York, American bicycle trust. Oct. 7-Oto. Ia., bank of F. H. Cutting & J. T. Willett: $20,000. 16-New York, Gillman, Son & Co's banking house: $200,000. Nov. 5-Richmond, Va., Leon L. Strause, leaf tobacco; $300,500. 13-Boston, Central national bank. Dec. 8-Omaha, W. H. Bennett Co.'s. department store.


Article from Ceredo Advance, January 7, 1903

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BUSINESS FAILVRES. Jan. 10-Cleveland, O., Euclid Trust & Savings Co.: $1,500,000. 11-Painesville, O., People's bank; $173,000. 14-Chicago, Geo. H. Phillips, "corn king," fails for second time in 7 months. 17-Albany, Ga., Commercial bank; $123,000. 28-Bellwood, Neb., Platte Valley state bank. Feb. 10-Detroit, Mich., City savings bank, on account of shortage of Vice President Frank C. Andrews. 25.-Belmont (O.) national bank. 26-Burnett, Tex., private bank of W. H. Westfall & Co. Mar. 3-Elkhart, III., State bank. 15-Wanatah, Ind., Julius Conitz, banker. 20-Americus, Ga., People's bank; $30,000. Apr. 4-St. Paul, U. S. Saving & Loan Co.; $800,000. 24-Algonac (Mich.) Banking Co.'s bank; $32,000. Jun. 3-Chicago, John A. & Alexander Davidson, marble contractors; $1,391,838. 13-Charleston (S. C.) Exposition Co., placed in receivers' hands; $450,000. 30-Murdock, Neb., German state bank; $37,000. Jul. 3-New York city, M. P. Anderson, real estate operator; $1,535,212. 29-Brooklyn, N. Y., Malcolm Brewing Co.; $800,000. Aug. 16-Elgin, Ill., Obadiah Sands Butter corporation, $445,000. 20-Cleveland, O., Forward Reduction Co., booming Texas oil; $500,000. 24-Elnora (Ind.) bank: $10,000. Sep. 2-New York, American bicycle trust. Oct. 7-Oto, Ia., bank of F. H. Cutting & J. T. Willett; $20,000. 16-New York, Gillman, Son & Co's banking house; $200,000. Nov. 5-Richmond, Va., Leon L. Strause, leaf tobacco; $300,500. 13-Boston, Central national bank. Dec. 8-Omaha, W. H. Bennett Co.'s. department store.


Article from Oxford Eagle, January 8, 1903

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: BUSINESS FAILVRES. Jan. 10-Cleveland, O., Euclid Trust & Savings Co.; $1,500,000. 11-Painesville, O., People's bank: $173,000. 14-Chicago, Geo. H. Phillips, "corn king," fails for second time in 7 months. 17-Albany, Ga., Commercial bank; $123,000. 28-Bellwood, Neb., Platte Valley state bank. Feb. 10-Detroit, Mich., City savings bank, on account of shortage of Vice President Frank C. Andrews. 25.-Belmont (O.) national bank. 26-Burnett, Tex., private bank of W. H. Westfall & Co. Mar. 3-Elkhart, III., State bank. 15-Wanatah, Ind., Julius Conitz. banker. 20-Americus. Ga., People's bank; $30,000. Apr. 4-St. Paul, U. S. Saving & Loan Co.: $800,000. 24-Algonac (Mich.) Banking Co.'s bank; $32,000. Jun. 3-Chicago, John A. & Alexander Davidson, marble contractors; $1,391,838. 13-Charleston (S. C.) Exposition Co., placed in receivers' hands; $450,000. 30-Murdock, Neb., German state bank; $37,000. Jul. 3-New York city, M. P. Anderson, real estate operator; $1,535,212. 29-Brooklyn, N. Y., Malcolm Brewing Co.; $800,000. Aug. 16-Elgin, III., Obadiah Sands Butter corporation, $445,000. 20-Cleveland, O., Forward Reduction Co., booming Texas oil; $500,000. 24-Elnora (Ind.) ba $10,000. Sep. 2-New York, American bicycle trust. 20-Trenton, N. J., National Salt Co. ("salt trust"): $300,000. Oct. 7-Oto. la., bank of F. H. Cutting & J. T. Willett: $20,000. 16-New York, Gillman, Son & Co's banking house: $200,000. Nov. 5-Richmond, Va., Leon L. Strause, leaf tobacco: $300,500. 13-Boston Central national bank. Dec. S-Omaha, W. H. Bennett Co.'s. department store.


Article from Iron County Register, January 8, 1903

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BUSINESS FAILVRES. Jan. 10-Cleveland. O., Euclid Trust & Savings Co.: $1,500,000. 11-Painesville, O., People's bank: $173,000. 14-Chicago, Geo. H. Phillips, "corn king," fails for second time in 7 months. 17-Albany, Ga., Commercial bank; $123,000. 28-Bellwood, Neb., Platte Valley state bank. Feb. 10-Detroit, Mich., City savings bank, on account of shortage of Vice President Frank C. Andrews. 25.-Belmont (O.) national bank. 26-Burnett, Tex., private bank of W. H. Westfall & Co. Mar. 3-Elkhart, Ill., State bank. 15-Wanatah, Ind., Julius Conitz. banker. 20-Americus. Ga., People's bank: $30,000. Apr. 4-St. Paul, U. S. Saving & Loan Co.: $800,000. 24-Algonac (Mich.) Banking Co.'s bank; $32,000. Jun. 3-Chicago, John A. & Alexander Davidson, marble contractors; $1,391,838. 13-Charleston (S. C.) Exposition Co., placed in receivers' hands; $450,000. 30-Murdock, Neb., German state bank; $37,000. Jul. 3-New York city, M. P. Anderson, real estate operator; $1,535,212. 29-Brooklyn, N. Y., Malcolm Brewing Co.; $800,000. Aug. 16-Elgin, Ill., Obadiah Sands Butter corporation, $445,000. 20-Cleveland, O., Forward Reduction Co., booming Texas oil; $500,000. 24-Elnora (Ind.) bank: $10,000. Sep. 2--New York, American bicycle trust. 30-Trenton, N. J., National Salt Co. ("salt trust"): $300,000. Oct. 7-Oto, Ia., bank of F. H. Cutting & J. T. Willett: $20,000. 16-New York, Gillman, Son & Co's banking house; $200,000. Nov. 5-Richmond, Va., Leon L. Strause, leaf tobacco; $300,500. 13-Boston. Central national bank. Dec. 8-Omaha, W. H. Bennett Co.'s. department store.


Article from Barton County Democrat, January 9, 1903

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BUSINESS FAILURES. Jan. 10- Cleveland O., Euclid Trust & Savings Co.; $1,500,000. 11-Painesville, O., People's bank: $173,000. 14-Ch cago, Geo. H. Phill ps, corn king," fails 1or second time in 7 months. 17-Albany, Ga., Commercial bank; $123,000. 28-Bellwood, Neb., Platte Valley state bank. Feb. 10-Detroit, Mich Cit sav ags bank, on account of shortage of Vice Presidest Frank C. Andrews 25.-Belmont (0.) national bank. 26-Rurnett, Tex., private bank of W. H. Westfall & Co. Mar. 3- Elkhart, III., State bank. 15-Wanatah, Ind., Julius Conitz, banker. 20-Americus, Ga., People's bank; $30,000. Apr. 4-St. Paul, U. S. Saving & Loan Co.; $ 00,000. 24-Algonac (Mich.) Banking Co."s bank; $32,000. Jun. 3-Chicago, John A. & Alexander Davidson, marbie contractors; $1,391,538 13-Charleston (S. C.) Exposition Co., placed in receivers' hands, $450,000. 30-Murdock, Neh, German state bank; $37,000. Jul. 3-New York city, M. P. Anderson, real estate operator, $1,535,212 29-Brooklyn, N. Y,, Malco n Brewing Co.; $800,000. Aug. 16-Elgin, III., Obadiah Sands Butter corporation, $445,000. 20-Cleveland On Forward Reduction Co., booming Texas oil; $500,000. 24-Elnora (Ind.) bank; $10,000. Sep. 2-No York, American blcycle trust. Oct. 7-Oto, Ia., bank of F H Cutting & J. T. Willett: $20,000. 16-New York, Giliman. Sen & Co's banking house; $200,000. Nov. 5-Richmond Va Leon L. Strause leaf tobacco; $300,500 13-Bosten Central national bank Dec. 8-Omaha, W. 11 Bennett Co's. department store


Article from The Jasper Weekly Courier, January 9, 1903

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BUSINESS FAILVRES. Jan. 10-Cleveland, O., Euclid Trust & Savings Co.; $1,500,000. 11-Painesville, O., People's bank: $173,000. 14-Chicago, Geo. H. Phillips, "corn king," fails for second time in 7 months. 17-Albany, Ga., Commercial bank; $123,000. 2S-Bellwood, Neb., Platte Valley state bank. Feb. 10-Detroit, Mich., City savings bank, on account of shortage of Vice President Frank C. Andrews. 25.-Belmont (O.) national bank. 26-Burnett, Tex., private bank of W. H. Westfall & Co. Mar. 3-Elkhart, III., State bank. 15-Wanatah, Ind., Julius Conitz, banker. 20-Americus, Ga., People's bank: $30,000. Apr. 4-St. Paul, U. S. Saving & Loan Co.: $800,000. 24-Algonac (Mich.) Banking Co.'s bank; $32.000. Jun. 3-Chicago, John A. & Alexander Davidson, marble contractors; $1,391,838. 13-Charleston (S. C.) Exposition Co., placed in receivers' hands; $450,000. 30-Murdock, Neb., German state bank; $37,000. Jul. 3-New York city, M. P. Anderson, real estate operator; $1,535,212. 29-Brooklyn, N. Y., Malcolm Brewing Co.; $800,000. Aug. 16-Elgin, III., Obadlah Sands Butter corporation. $445,000. 20-Cleveland, O., Forward Reduction Co., booming Texas oil; $500,000. 24-Elnora (Ind.) bank: $10,000. Sep. 2-New York. American bicycle trust. Oct. 7-Oto. 1a., bank of F. H. Cutting & J. T. Willett: $20,000. 16-New York, Gillman, Son & Co's bank. ing house: $200,000. Nov. 5-Richmond, Va., Leon L. Strause, leaf tobacco: $300,500. 13-Boston Central national bank. Dec. 8-Omaha, W. H. Bennett Co.'s. department store.


Article from The Kinsley Graphic, January 9, 1903

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BUSINESS FAILVRES. Jan. 10-Cleveland, O., Euclid Trust & Savings Co.; $1,500,000. 11-Painesville, 0., People's bank; $173,000. 14-Chicago, Geo. H. Phillips, "corn king," fails for second time in 7 months. 17-Albany, Ga., Commercial bank; $123,000. 28-Bellwood, Neb., Platte Valley state bank. Feb. 10-Detroit, Mich., City savings bank, on account of shortage of Vice President Frank C. Andrews. 25.-Belmont (0.) national bank. 26-Burnett, Tex., private bank of W. H. Westfall & Co. Mar. 3-Elkhart, III., State bank. 15-Wanatah, Ind., Julius Conitz, banker. 20-Americus, Ga., People's bank; $30.000. Apr. 4-St. Paul, U. S. Saving & Loan Co.; $800,000. 24-Algonac (Mich.) Banking Co.'s bank; $32,000. Jun. 3-Chicago, John A. & Alexander Davidson, marble contractors; $1,391,838. 13-Charleston (S. C.) Exposition Co., placed in receivers' hands; $450,000. 30-Murdock, Neb., German state bank; $37,000. Jul. 3-New York city, M. P. Anderson, real estate. operator; $1,535,212. 29-Brooklyn, N. Y., Malcolm Brewing Co.; $800,000. Aug. 16-Elgin, III., Obadiah Sands Butter corporation, $445,000. 20-Cleveland, O., Forward Reduction Co., booming Texas oil; $500,000. 24-Elnora (Ind.) bank; $10,000. Sep. 2-New York, American bicycle trust. Oct. 7-Oto, la., bank of F. H. Cutting & J. T. Willett: $20,000. 16-New York, Gillman, Son & Co's banking house; $200,000. Nov. 5-Richmond, Va., Leon L. Strause, leaf tobacco; $300,500. 13-Boston. Central national bank. Dec. 8-Omaha, W. H. Bennett Co.'s. department store.


Article from The Canton Times, January 9, 1903

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13-Charleston (S. C.) Exposition Co., placed in receivers' hands; $450,000. 30-Murdock, Neb., German state bank; $37,000. Jul. 3-New York city, M. P. Anderson, real estate operator; $1,535,212. 29-Brooklyn, N. Y., Malcolm Brewing Co.; $800,000. Aug. 16-Elgin, III., Obadiah Sands Butter corporation, $445,000. 20-Cleveland, O., Forward Reduction Co., booming Texas oil; $500,000. 24-Elnora (Ind.) bank: $10,000. Sep. 2-New York, American bicycle trust. 4-Pittsburg, Pa., A. J. Cummings, brokers Harrisburg, Pa., E. V. Einstein & Co.'s department store; $117,000. Oct. 7-Oto. Ia., bank of F. H. Cutting & J. T. Willett: $20.000. 16-New York, Gillman, Son & Co's banking house; $200,000. Nov. 5-Richmond, Va., Leon L. Strause, leaf tobacco; $300,500. 13-Boston. Central national bank. 18-Marshalltown, Ia., C. C. Eigler & Sons, stock raisers. Dec. 8-Omana, W. H. Bennett Co.'s. department store.


Article from The Forrest City Times, January 9, 1903

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BUSINESS FAILVRES. Jan. 10-Cleveland. O., Euclld Trust & Savings Co.: $1,500,000. 11-Painesville, O., People's bank: $173,000. 14-Chicago, Geo. H. Phillips, "corn king," falls for second time in 7 months. 17-Albany, Ga., Commercial bank: $123,000. 28-Bellwood, Neb., Platte Valley state bank. Feb. 10-Detroit, Mich., City savings bank, on account of shortage of Vice Pres!dent Frank C. Andrews. 25.-Belmont (0.) national bank. 26-Burnett, Tex., private bank of W. H. Westfall & Co. Mar. 3-Elkhart, III., State bank. 15-Wanatah, Ind., Julius Conitz, banker. 20-Americus. Ga., People's bank: $30,000. Apr. 4-St. Paul, U. S. Saving & Loan €o.; $800,000. 24-Algonac (Mich.) Banking Co.'s bank; $32,000. Jun. 3-Chicago, John A. & Alexander Davidson, marble contractors; $1,391,838. 13-Charleston (S. C.) Exposition Co., placed in receivers' hands; $450,000. 80-Murdock, Neb., German state bank; $37,000. Jul. 3-New York city, M. P. Anderson, real estate operator; $1,535,212. 29-Brooklyn, N. Y., Malcolm Brewing Co.; $800,000. Aug. 16-Elgin, Ill., Obadiah Sands Butter corporation, $445,000. 20-Cleveland, O., Forward Reduction Co., booming Texas oil; $500,000. 24-Elnora (Ind.) bank: $10,000. Sep. 2-New York, American blcycle trust. 80-Trenton, N. J., National Salt Co. ("salt trust"); $300,000.


Article from The Tupelo Journal, January 9, 1903

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BUSINESS FAILVRES. Jan. 10-Cleveland, O., Euclid Trust & Savings Co.; $1,500,000. 11-Painesville, O., People's bank; $173,000. 14-Chicago, Geo. H. Phillips, "corn king," fails for second time in 7 months. 17-Albany, Ga., Commercial bank; $123,000. 28-Bellwood, Neb., Platte Valley state bank. Feb. 10-Detroit, Mich., City savings bank, on account of shortage of Vice President Frank C. Andrews. 25.-Belmont (O.) national bank. 26-Burnett, Tex., private bank of W. H. Westfall & Co. Mar. 3-Elkhart, Ill., State bank. 15-Wanatah, Ind., Julius Conitz, banker. 20-Americus, Ga., People's bank; $30,000. Apr. 4-St. Paul, U. S. Saving & Loan Co.; $800,000. 24-Algonac (Mich.) Banking Co.'s bank; $32,000. Jun. 3-Chicago, John A. & Alexander Davidson, marble contractors; $1,391,838. 13-Charleston (S. C.) Exposition Co., placed in receivers' hands; $450,000. 30-Murdock, Neb., German state bank; $37,000. Jul. 3-New York city, M. P. Anderson, real estate operator; $1,535,212. 29-Brooklyn, N. Y., Malcolm Brewing Co.; $800,000. Aug. 16-Elgin, III., Obadiah Sands Butter corporation, $445,000. 20-Cleveland, O., Forward Reduction Co., booming Texas oil; $500,000. 24-Elnora (Ind.) bank $10,000. Sep. 2-New York, American bicycle trust. 30-Trenton, N. J., National Salt Co. ("salt trust"); $300,000. Oct. 7-Oto Ia., bank of F. H. Cutting & J. T. Willett: $20,000. 16-New York, Gillman, Son & Co's banking house; $200,000. Nov. 5-Richmond, Va., Leon L. Strause, leaf tobacco; $300,500. 13-Boston, Central national bank. Dec. 8-Omaha, W. H. Bennett Co.'s. department store.


Article from Newport Weekly Independent, January 9, 1903

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BUSINESS FAILVRES. Jan. 10-Cleveland. O., Euclid Trust & Savings Co.; $1,500,000. 11-Painesville, O., People's bank: $173,000. 14-Chicago, Geo. H. Phillips, "corn king," fails for second time in 7 months. 17-Albany, Ga., Commercial bank: $123,000. 28-Bellwood, Neb., Platte Valley state bank. Feb. 10-Detroit, Mich., City savings bank. on account of shortage of Vice President Frank C. Andrews. 25.-Belmont (O.) national bank. 26-Burnett, Tex., private bank of W. H. Westfall & Co. Mar. 3-Elkhart, Ill., State bank. 15-Wanatah, Ind., Julius Conitz. banker. 20-Americus. Ga., People's bank: $30,000. Apr. 4-St. Paul, U. S. Saving & Loan Co.; $500,000. 24-Algonac (Mich.) Banking Co.'s bank; $32,000. Jun. 3-Chicago, John A. & Alexander Davidson, marble contractors; $1,391,838. 13-Charleston (S. C.) Exposition Co., placed in receivers' hands; $450,000. 80-Murdock, Neb., German state bank; $37,000. Jul. 3-New York city, M. P. Anderson, real estate operator; $1,535,212. 29-Brooklyn, N. Y., Malcolm Brewing Co.; $800,000. Aug. 16-Elgin, Ill., Obadiah Sands Butter corporation, $445,000. 20-Cleveland, O., Forward Reduction Co., booming Texas oil; $500,000. 24-Elnora (Ind.) bank: $10,000. Sep. 2-New York, American bicycle trust. 80-Trenton, N. J., National Salt Co. ("salt trust"); $300,000.


Article from The Scranton Chronicle, January 10, 1903

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BUSINESS FAILVRES. Jan. 10-Cleveland, O., Euclid Trust & Savings Co.; $1,500,000. 11-Painesville, O., People's bank: $173,000. 14-Chicago, Geo. H. Phillips, "corn king," fails for second time in 7 months. 17-Albany, Ga., Commercial bank; $123,000. 28-Bellwood, Neb., Platte Valley state bank. Feb. 10-Detroit, Mich., City savings bank, on account of shortage of Vice President Frank C. Andrews. 25.-Belmont (O.) national bank. 26-Burnett, Tex., private bank of W. H. Westfall & Co. Mar. 3-Elkhart, III., State bank. 15-Wanatah, Ind., Julius Conitz. banker. 20-Americus, Ga., People's bank: $30,000. Apr. 4-St. Paul, U. S. Saving & Loan Co.; $800,000. 24-Algonac (Mich, Banking Co.'s bank; $32,000. Jun. 3-Chicago, John A. & Alexander Davidson, marble contractors; $1,391,838. 13-Charleston (S. C.) Exposition Co., placed in receivers' hands: $450,000. 30-Murdock, Neb., German state bank; $37,000. Jul. 3-New York city, M. P. Anderson, real estate operator; $1,535,212. 29-Brooklyn, N. Y., Malcolm Brewing Co.; $800,000. Aug. 16-Elgin, III., Obadiah Sands Butter corporation, $445,000. 20-Cleveland, O., Forward Reduction Co., booming Texas oil; $500,000. 24-Elnora (Ind.) bank: $10,000. Sep. 2-New York, American bicycle trust. Oct. 7-Oto, Ia., bank of F. H. Cutting & J. T. Willett; $20,000. -New York, Gillman, Son & Co's banking house: $200,000. Nov. 5-Richmond, Va., Leon L. Strause, leaf tobacco; $300,500. 13-Boston, Central national bank. Dec. 8-Omaha, W. H. Bennett Co.'s. department store.


Article from Woodville Republican, January 10, 1903

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BUSINESS FAILVRES. Jan. 10-Cleveland, O., Euclid Trust & Savings Co.; $1,500,000. 11-Painesville, O., People's bank: $173,000. 14-Chicago, Geo. H. Phillips, "corn king," fails for second time in 7 months. 17-Albany, Ga., Commercial bank; $123,000. 28-Bellwood, Neb., Platte Valley state bank. Feb. 10-Detroit, Mich., City savings bank, on account of shortage of Vice President Frank C. Andrews. 25.-Belmont (O.) national bank. 26-Burnett, Tex., private bank of W. H. Westfall & Co. Mar. 3-Elkhart, III., State bank. 15-Wanatah, Ind., Julius Conitz, banker. 20-Americus, Ga., People's bank; $30,000. Apr. 4-St. Paul, U. S. Saving & Loan Co.: $800,000. 24-Algonac (Mich.) Banking Co.'s bank; $32,000. Jun. 3-Chicago, John A. & Alexander Davidson, marble contractors; $1,391,838. 13-Charleston (S. C.) Exposition Co., placed in receivers' hands; $450,000. 30-Murdock, Neb., German state bank; $37,000. Jul. 3-New York city, M. P. Anderson, real estate operator; $1,535,212. 29-Brooklyn, N. Y., Malcolm Brewing Co.; $800,000. Aug. 16-Elgin, III., Obadiah Sands Butter corporation, $445,000. 20-Cleveland, O., Forward Reduction Co., booming Texas oil; $500,000. 24-Elnora (Ind.) bank: $10,000. Sep. 2-New York, American bicycle trust. Oct. 7-Oto, Ia., bank of F. H. Cutting & J. T. Willett; $20,000. 16-New York, Gillman, Son & Co's banking house: $200,000. Nov. 5-Richmond. Va., Leon L. Strause, leaf tobacco: $300,500. 13-Boston. Central national bank. Dec. 8-Omaha, W. H. Bennett Co.'s. department store.


Article from The Van Buren Press, January 10, 1903

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BUSINESS FAILVRES. Jan. 10-Cleveland. O,, Euclid Trust & Savings Co.: $1,500,000. 11-Painesville, O., People's bank: $173,000. 14-Chicago, Geo. H. Phillips, "corn king,' falls for second time in 7 months. 17-Albany, Ga., Commercial bank: $123,000. 28-Bellwood, Neb., Platte Valley state bank. Feb. 10-Detroit Mich., City savings bank, on account of shortage of Vice President Frank C. Andrews. 25.-Belmont (9) national bank. 26-Burnett, Tex., private bank of W. H. Westfall & Co. Mar. 3-Elkhart, III., State bank. 15-Wanatah, Ind., Julius Conitz. banker. 20-Americus, Ga., People's bank: $30,000. Apr. 4-St. Paul, U. S. Saving & Loan Co.: $800,000. 24-Algonac (Mich.) Banking Co,'s bank: $32,000. Jun. 3-Chicago, John A. & Alexander Davidson, marble contractors; $1,391,835. 13-Charleston (S. C.) Exposition Co., placed in receivers' hands: $450,000. 30-Murdock, Neb., German state bank: $37,000. Jul. 3-New York city, M. P. Anderson real estate operator: $1,535,212. 29-Brooklyn, N. Y., Malcolm Brewing Co.: $800,000. Aug. 16-Elgin, III., Obadiah Sands Butter corporation. $445,000. 20--Cleveland, O., Forward Reduction Co., booming Texas oil: $500,000. 24-Elnora (Ind.) bank: $10,000. Sep. 2-New York, American bicycle trust. 30-Trenton, N. J., National Salt Co. ("salt trust"); $300,000. Oct. 7-Oto, la., bank of F. H. Cutting & J. T. Willett: $20,000. New York, Cillman, Son & Co's bankIng house; $200,000. Nov. 5-Richmond. Va., Leon L. Strause, leaf tobacco: $300,500. 13-Boston Central national bank. Dec. 8-Omaha, W. H. Bennett Co.'s. department store.


Article from St. Tammany Farmer, February 7, 1903

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BUSINESS FAILVRES. Jan. 10-Cleveland, O., Euclid Trust & Savings Co.; $1,500,000. 11-Painesville, O., People's bank; $173,000. 14-Chicago, Geo. H. Phillips, "corn king," fails for second time in 7 months. 17-Albany, Ga., Commercial bank; $123,000. 28-Bellwood, Neb., Platte Valley state bank. Feb. 10-Detroit, Mich., City savings bank, on account of shortage of Vice President Frank C. Andrews. 25.-Belmont (O.) national bank. 26-Burnett, Tex., private bank of W. H. Westfall & Co. Mar. 3-Elkhart, III., State bank. 15-Wanatah, Ind., Julius Conitz, banker. 20-Americus, Ga., People's bank; $30,000. Apr. 4-St. Paul, U. S. Saving & Loan Co.; $800,000. 24-Algonac (Mich.) Banking Co.'s bank; $32,000. Jun. 3-Chicago, John A. & Alexander Davidson, marble contractors; $1,391,838. 13-Charleston (S. C.) Exposition Co., placed in receivers' hands; $450,000. 30-Murdock, Neb., German state bank; $37,000. Jul. 3-New York city, M. P. Anderson, real estate operator; $1,535,212. 29-Brooklyn, N. Y., Malcolm Brewing Co.; $800,000. Aug. 16-Elgin, Ill., Obadiah Sands Butter corporation, $445,000. 20-Cleveland, O., Forward Reduction Co., booming Texas oil; $500,000. 24-Elnora (Ind.) bank; $10,000. Sep. 2-New York, American bicycle trust. 30-Trenton, N. J., National Salt Co. ("salt trust"); $300,000. Oct. 7-Oto, Ia., bank of F. H. Cutting & J. T. Willett: $20,000. 16-New York. Gillman, Son & Co's banking house; $200,000. Nov. 5-Richmond, Va., Leon L. Strause, leaf tobacco; $300,500. 13-Boston. Central national bank. Dec. 8-Omaha, W. H. Bennett Co.'s. department store.