13598. Citizens State Bank (South Sioux City, NE)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
August 9, 1895
Location
South Sioux City, Nebraska (42.474, -96.414)

Metadata

Model
gpt-5-mini
Short Digest
7c6c2e20

Response Measures

None

Description

State Bank Examiner Cowdry closed the bank in August 1895; liabilities exceeded assets and affairs were 'in bad condition' indicating insolvency and permanent closure. One article (Progressive Farmer) mislabels the city as Iowa; South Sioux City is in Nebraska (matches other articles). No run is described in the sources.

Events (1)
1. August 9, 1895 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Affairs in bad condition; assets (~$23,000) were less than liabilities (~$30,000), indicating insolvency leading examiner to close the bank.
Newspaper Excerpt
State Bank Examiner Cowdry closed the Citizens' State Bank at South Sioux City, Neb. Liabilities are about $30,000; assets, $23,000, with affairs in bad condition.
Source
newspapers

Newspaper Articles (3)
1. August 9, 1895 Marshall County Independent Plymouth, IN
Article from Marshall County Independent, August 9, 1895

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Article Text

BREVITIES, A fraud order was issued by the Postoffice Department Monday against Chas. L. Borg & Co., No. 1898 Carpenter street, Chicago, Ill., for conducting a fraudulent book concern. The Farmers' Loan and Trust Company applied for a receiver at Little Rock, Ark., for the Pine Bluff and Eastern Railway and for the Stuttgart and Arkansas River Railway. Seven men called James Mason. a negro, out at Dangerfield, Texas, and shot him dead. His wife ran into the house and got in-bed with her child. They shot her through a crack in the house. The child will get well, but the woman will die. The Secretary of War has awarded a medal of honor to Christian Albert, private, Company G. Forty-seventh Ohio Volunteers, now living at Brest, Mich., for gallant conduct as a member of the storming party at Vicksburg, Miss., May 22. 1863. An opinion favorable to the defendants has been filed in the case of Samuel Barber et al., heirs of John Barber, against the Pennsylvania Company, in which the plaintiffs lay claim to the property on Penn avenue, Pittsburg, Pa., occupied by the extensive office building of the Pennsylvania Company. The Woodrough & Hanchett Company, one of the largest wholesale hardware houses in Chicago, failed Friday afternoon, and the store of the company was closed by the sheriff. The failure occasioned a good deal of surprise among the wholesale houses in Lake street, as the company has been-regarded as a most substantial concern, doing a large business, but the collapse, they say, is the result of the protracted period of dull times. The liabilities of the company are about $180,000. and the assets are placed at $240,000. Versailles, Ky., was thrown into exeitement Monday afternoon by one of the bloodiest tragedies that ever occurred within her borders. It was the unprovoked killing of James Rodenbaugh, a young man of 22. and the mortal wounding of H. C. Rodenbaugh, his 60-year-old father, by W. N. Lane, a fence-dealer of Lexington, who was drunk. State Bank Examiner Cowdry closed the Citizens' State Bank at South Sioux City, Neb. Liabilities are about $30,000; assets, $23,000, with affairs in bad condition. This bank was the county depository. and over $8.000 was on deposit. Mrs. Mary Strouse, of Wooster, Ohio, tried to prevent her son from keeping company with Maggie Webb, whom she does not like. Thursday night Mrs. Strouse shot at Miss Webb, the bullet grazing her shoulder. Mrs. Strouse told the neighbors she was going to shoot the girl.

2. August 10, 1895 The Diamond Drill Crystal Falls, MI
Article from The Diamond Drill, August 10, 1895

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Article Text

tendent of the Chicago Rock Island & Pacific railroad, died at his home in Chicago from injuries received at the "chutes" accident. IN a trial of speed at Decatur, m., Effie Powers and Pestora Wilkes paced a mile as a team in 2:15 flat. This beats the world's record one and one half seconds. THE Methodist church at Quakertown, N. J., was struck by lightning during services and a score of people were injured, several of them probably fatally. ADVICES from San Francisco expose an alleged plot torestore Queen Liliuokalani and loot Honolulu. Rudolph Spreckels, the youngest son of Claus Spreckels, was said to be backing the scheme. THOUSANDS of persons from Ohio and adjoining states met at Greenvilie, O., to celebrate the centennial of Gen. Anthony Wayne's treaty of peace with the Indians. *AN express train on the Baltimore & Ohio railroad collided with a freight near Zanesville, O., and Fireman William Bolin was killed and Engineer May fatally injured. EUGENE TAYLOR, of Denver, who recently broke the world's record in agate composition, has now made a new record of 76,300 ems minion in eight hours on a linotype machine. THE visible supply of grain in the United States on the 5th was: Wheat, 38,517,000 bushels; corn, 4,654,000 bushels; oats, 3,754,000 bushels; rye, 194,000 bushels; barley, 28,000 bushels. JOSEPH BINGHAM and Oliver Benway were killed by poisonous gases while digging a well at South Perry, O. THE levee in Cincinnati was visited by a $200,000 fire in which one half of the Laidley river steamboat line was destroyed. JOHN M. TRENDLEY, of St. Louis, arrived at Denver, Col., after an adventurous journey of 1,200 miles on a bicycle. THE Citizens' state bank at South Sioux City, Neb., failed with liabilities of $30,000 and assets of $23,000. J. M. CURTIS, a Kansas City horseman, was relieved of a pocketbook containing $2,300 by pickpockets in Cleveland, O. RICHARD LEACH was electrocuted at Sing Sing, N. Y., for the murder of his wife, Mary S. Leach, on December 11, 1894. HUERFANO COUNTY, Col., was attracting attention on account of important discoveries of tin ore. R. D. MARSHALL, of Chippewa Falls, was appointed judge of the supreme court of Wisconsin. A NEW counterfeit $10 national bank note on the First national bank of Detroit was discovered by the secret service bureau. The notes are photographie productions of brown backs, series of 1882, check letter "C," "B. K. Bruce, registrar; James Gilfillan, treasurer." WILL SIMS and Lucy Perry, sweethearts, quarreled at Paducah, Ky., and Sims started to leave when the woman shot him dead and then killed herself. TWENTY-TWO prisoners were terribly injured by a falling bridge in the penitentiary at Jefferson City, Mo. WILLIAM NEWTON LANE shot and instantly killed James Rodenbaugh and mortally wounded the young man's father, H. C. Rodenbaugh, in a drunken debauch at Versailles, Ky. All were prominent citizens. EVERY negro in Delta county, Tex., was notified that he must leave abonce or he would be hanged. THE total assessed valuation for taxation in Wisconsin this year will be about $605,000,000, which is about $5,000,000 more than last year. THE fire loss of the United States and Canada for the month of July shows a total of $9,085,000. against $16,307,000 for the same period in 1894. WILLIAM E. BROCKWAY, the notorious counterfeiter and forger, and three members of his gang, were arrested at Jersey City, N. J. THE Iowa Liberal league in state convention at Marshalltown determined to work in a non-partisan manner to secure a law permitting the manufacture of liquors in Iowa. THE Rocky Mountain savings bank at Denver closed its doors with liabilities of $60,000. PEORIA, III., has been decided on as the permanent headquarters of the Order of Railway Telegraphers. THE secret service gave warning of a new photographic counterfeit five-dollar national bank note, First national bank of Flint, Mich., series of 1882. A. E. KELLEY, a commission dealer, shot and killed himself at the grave of his wife in Cleveland, O. A DISPATCH received at the war department from Gen. Coppinger at Jackson's Hole, Wyo., said the Indian

3. August 13, 1895 The Progressive Farmer Raleigh, Winston-Salem, Winston, NC
Article from The Progressive Farmer, August 13, 1895

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Article Text

Don't fail to have a load of tobacco at the Capitol on August 22d and 23d. UN-"SOUND MONEY" MEN. The Keystone National Bank, West Superior, Wis, has been closed by a bank examiner. Its affairs are said to be in a very un "sound" condition. The bank at Mexico, Mo., has been closed by a bank examiner, who says 40,000 "sound dollars" are missing. The Christian Barbee Drug Company, Roanoke, Va., assigned on the 6th. Liabilities about $6,000. The Rocky Mountain Savings Bank, Denver, Col., got struck by the wave of "returning prosperity," and went the way of many other "sound money" banks last week. James A. Mc Gregor, Erin, Tenn., manufacturer of staves, assigned just after the wave of "returning pros perity" struck him. Liabilities 35,000 "sound" dollars, mostly due banks. The Citizen's State Bank, South Sioux City, Iowa, a "sound money" bank, is closed. Liabilities 20,000 un sound dollars; assets 13,000 sound dollars. Hearst, Dunn & Co., manufacturers of farm implements, Peoria, Illinois, assigned Thursday Liabilities $123 000 The wave of "returning prosperity did it. The prosperity wave isn't particular about who it knocks down. Smith & Wall, Madison, N. C., assigned last week. Liabilities about 2,500, "sound dollars." L E Wright & Co., dry goods, Ox. ford, N. C., were struck by the wave of "returning prosperity. They assigned. Liabilities $17,000.