18286. First National Bank (Arlington, OR)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
3676
Charter Number
3676
Start Date
July 26, 1894
Location
Arlington, Oregon (45.717, -120.201)

Metadata

Model
gpt-5-mini
Short Digest
3933be8c

Response Measures

None

Receivership Details

Depositor recovery rate
23.0%
Date receivership started
1894-08-02
Date receivership terminated
1898-04-27
OCC cause of failure
Excessive lending
Share of assets assessed as good
36.1%
Share of assets assessed as doubtful
38.4%
Share of assets assessed as worthless
25.5%

Description

The First National Bank of Arlington (OR) suspended in late July 1894 and was closed; a federal receiver (R. T. Cox) was appointed in early August 1894. Newspaper coverage blames loose/poor management and connections with other banks rather than a depositor run or rumor. Subsequent items show receiver actions and litigation, confirming permanent closure.

Events (4)

1. April 21, 1887 Chartered
Source
historical_nic
2. July 26, 1894 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Loose management and involvement of principal officers in other undertakings; bank under one management with mismanagement leading to failure.
Newspaper Excerpt
First National bank of Arlington ... was closed to business July 26.
Source
newspapers
3. August 2, 1894 Receivership
Source
historical_nic
4. August 2, 1894 Receivership
Newspaper Excerpt
Richard T. Cox ... has been appointed receiver of the suspended First National Bank at Arlington, Oregon.
Source
newspapers

Newspaper Articles (14)

Article from Condon Globe, July 27, 1894

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jeweler and we bespeak for him a healthy business. He has engaged Mr Robinson to assist him several weeks. All our people interested in a good school will be glad to learn that the prospects are good for opening a norma school at Condon this fall with Prof. o M. Given of Indiana as instructor. He has concluded to come providing satis factory arrangements can be made by our people. Those wishing to send pupils or learn particulars should apply at once to L. W. Darling, who has the subscription paper. This matter is too important to neglect. C. H. Crawford, the gambler who had Myron Hamilton arrested and bound over to the grand jury on suspicion of having stolen $140 from him while asleep in the Jordan hotel at Arlington, found his money a few days ago in the bed where he had put it himself. The proper thing to do in this case is to tax the costs of prosecution up to the proseentor, besides fine him the $140 for his carelessness. It would have a tendency to discourage such cases. While Misses Birdie and Dora Downing were returning home Friday evening from Beecher Flat, a short distance east of town the cart struck a rock in the road, tilting it in such a manner as to throw Miss Birdie out and'in front of the cart, which ran over her. She was pretty badly hurt, and has been under the doctor's care since. The doctor thinks she will beable to begin teaching again in about a month, having been engaged to teach the fall term of the Mayville school. Married, at Condon on Monday, July 23, 1894, Mr. Albert Collins and Miss Julia Conture, both of Ferry Canyon The ceremony was performed in the Catholic church of this place by Father Busha of Pendleton, and was witnessed by a large number of friends. Misses Susan Dunn and Carrie Danneman acted as bridesmaids and Messrs. R. H. Rob inson and John Couture as groomsmer for the happy event. In the evening pleasant ball was given in the hall in their honor. The GLOBE extends the usual congratulations. The news of the suspension of the First National bank of Arlington or Tuesday morning, 24th, caused quite I ripple of excitement among our people when they first learned of it next day A dozen or more of our business men are "nipped" to the tune of several hundred dollars or more, and a number of them for small amounts. One of the most dif ficult things for the public to understand is why the bank's last quarterly state ment represented it to be in a flourish ing condition. The Arlington Record even commented upon the bank's sound financial condition. F. C. Rollo, the cashier, we are informed, says the de positors will not lose anything, as there is enough money on hand to pay then all in full. As per order of our county court Messrs. R. G. Robinson of Lone Rock C. A. Danneman of Clem, and Jas Frizzell of Lost Valley met Monday and assessed the damage for the new road up the ravine from Thirtymile to Con don. Looney asked for $1000 damage and was allowed $160; Trimble asked $150 damage and was allowed nothing F. M. Shannon asked for $100 damage and was allowed $30; Jas. Kiser asked for $100 damage and was allowed $25. / fairer or more impartial board of asses sors could not have been appointed, and it is hoped their decision will be satis factory to all concerned. It is hope that work will be commenced on thi new road at once, so as to have it read for the fall bauling of wheat, etc. Thi improvement will be worth more to the people of this county than any othe that could be done with three times th expense of this road. Back Creek Notes


Article from The Dalles Daily Chronicle, August 2, 1894

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Appointed Receiver. PENDLETON, Aug. 2.-A private Washington dispatch states that R. T. Cox, of Pendleton has been appointed receiver of the suspended First National Bank at Arlington, Oregon.


Article from Evening Star, August 2, 1894

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Oregon Bank Receivers. The controller of the currency today appointed Mr. A. Edgar Beard of Portland, Ore., receiver of the Baker City National Bank of Baker City, Ore., which suspended payment on the 1st instant, and Richard T. Cox of Pendleton, Ore., receiver of the First National Bank of Arlington, Ore.; which was closed to business July 26.


Article from The Daily Morning Astorian, August 3, 1894

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RECEIVER APPOINTED. Pendleton, August 2.-A private Washington dispatch states that R. T. Cox, of Pendleton, has been appointed receiver of the suspended First National Bank at Arlington, Oregon.


Article from Condon Globe, August 3, 1894

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Miller & Dunn were agreeably. surprised Wednesday upon receiving from the examiner in charge of the First National bank of Arlington, Mr. Carlson, checks to the amount of $430 which had been sent down just the day before the bank suspended, and which they thought was tied up. They are still "in" to the tune of about $500. J. E. Frick, we understand, says he will pay all the depositors dollar for dollar. H. B. Hendricks and family and Arthur Brandenburg left Sunday for a month's outing on the Matoles river in the Cascade mountains. They went via Moro, and expect to live fat during August on fish and game of all kinds— providing they get any. In a letter to his wife, Arthur says they reached Moro on Monday evening, and that the only way they were enabled to keep their old wagon from going to pieces was by using about half the barbed wire between here and Moro in tying the tires on, etc. Soon another change is to be made in the public school books, and parents will be obliged to buy another expensive outfit of books for their children. This frequent change of books, often for the worse, is an annoyance that severely taxes the patience of parents, and an expense that in these times many of them are not able to bear. The nuisance of these changes becomes far more odious when it is remembered that they are for the benefit, not of the children, but of intersted publishers and book sellers, and officials who are in collusion with them. A red-hot war is going on between China and Japan. So far Japan has the best of it, having defeated and sunk three of China's largest war ships together with several thousand Chinese. A terrific battle was fought at Yashan Saturday and resulted in a victory for the Chinese, the Japanese being repulsed with fearful loss. Fight it out, you almond-eyed devils; the GLOBE is patting you, both Japs and Chinese, on the back. The Japs and Chinese of the U. 8. are sending back all the money they can get hold of to assist their respective countrymen in the deadly confiict. It is sincerely hoped they will keep on fighting until none will be left, even to tell the tale, on either side. -


Article from The Seattle Post-Intelligencer, August 4, 1894

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CONDENSED DISPATCHES. The Republicans of the Sixth Nebraska district have nominated Matthew Dougherty for congress. The United States revenue cutter Michlean struck $ rock near Bar Point, Lake Erie, Thursday. When released she was leaking badly. The gross earnings of the Rock Island railroad for July were $1,108,436, a decrease, compared with the estimated earnings of July, 1893, of $523,678. Fire at Spencer Point, N. Y., Friday, destroyed the house of Cornelius Place, and his three sons, Cornelius, William and Chester, aged 13, 11 and 18, perished. A cloudburst flooded the canyon at Berwind, Col., and drowned five persons. They were C. C. Cando, a stage driver, and an Italian miner, wife and two children, passengers. The Southern Pacific proposes revival of the old Transcontinental Passenger Association. The Union Pacific is charged with cutting rates on Pacific coast passenger business. When the warship Bennington, with Gen. Ezeta and the Salyadorean refugees on board. arrives at San Francisco the matter of their extradition will be decided by the Federal courts. The United States Cordage Company shut down part of its works in Brooklyn Friday, throwing 500 men, boys and girls out of work. It is thought this lockout will spread to other rope works controlled by the trust. The comptroller of the currency has appointed A. Edgar Beard, of Portland, receiver of the Baker City National bank, which suspended August 1. Richard Cox, of Pendleton, Or., has been appointed receiver of the First National bank of Arlington, which was closed July 26. A naval board found the contractors to blame for the accident to the cylinder of the cruiser Monterey on her trial trip. Secretary Herbert reverses the finding and reprimands Chief Engineer J. 8. Smith and Passed Assistant Engineer Rodgrave who were in charge of the machinery. Near Bucyrus, O., a west-bound freight train on the Pennsylvania railroad broke in two Friday morning. The two sections collided, causing a car of coal oil and one of gasoline to ignite. The fire destroyed half the train and 500 feet of the track. Four tramps, who were stealing a ride on the oil car, were burned to death. A plan for the reorganization of the Reading road has been presented and been approved by the receivers and the Fitzgerald committee in New York. It calls for the payment of the overdue coupons on the general mortgage 43, amounting to about $2,700,000. and the receivers' certificates, amounting to $3,700,000, by a collateral trust loan which will bear 6 per cent. interest.


Article from The Dalles Times-Mountaineer, August 4, 1894

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Hall's Veget ble Sicilian Hair Recewer color restored gr y hair to its original of has and preve ted baldness in thousands 'no' 01 os op 11! 41 cases J. Juker. who was a resident of September The Mrs from 1862 until after the in PortPerided seq oum inq 1681 end tire and of sine that time, 18 in the city tri nds. arrests were made by the city the mar reFour last night, and this in morning were shal discharged two, and the others on the fined corder $5. which they will work out streets. dispatch received from Cix, Wash o' A private yesterday states that R T Comptrol ington Pendleton, has been appointed by First E kles r ceiver of the suspended Ier National bank at Arlingtor, Oregon There will be fully 2,000,000 bushels sea. of .dns siut Fq IIIM county Sherung a! grain at a tair price farmers lucre" to &4214., 042 10 subtotal 411M DUE '00' plied make themselves clear with the received an agreeable call today fro News W We Armsworthv, editor of Wasco Sherman J. nearly every person in are gath He says in the hary field, and history ering county the is most bountiful crops in the of the e untry. these warm evening+ Mill and very Creek During conyenien place for bathing, luxury. It 18 0 pare ship solus shop B 1 proced on pus pue jno 10 smow healthful leason to object if proper has any used by the participants. tions ase doubttal whether Messrs. distillery Walker a & It is will rebuild their offered elseG Grant, josell if an eligible location 18 The Dalles This is ao opportunity factor that should where. not miss of securing a resources wou d tend large y to develop our tralAgue Cure never fa Is to ne eradicate Ayer's of malaria and ize the the poisons system. This harmful in- preparation them ly from vegeta le, contains no to direcende pue according taken !! 'pue and s! tions, is gredients, warranted to cure fever Try it. Herald: Mr. and Mrs. days for Geo. Albany will leave in a few as su Hochsted'er D. C., where they go Ko ghts Washington, representative of the Or gon The supreme and Pythian Siste S. August 27. of preme Pythias lodge will conyene in Washington OD causes bad dreams is a question answered; и that has hat never been D satisfact rily ten, frightful but, in are nine the cases resul out of imperfect Sars p: digesdreams which few doses of Ayer's delay tion, arilla will effectually remedy. Don't -try it today cheepmen in the vicinity of Camas at The will give a grand ball invited tonight all Prairie to which they have intormed that place, neighboring farmers. We are affair ever atterd 007 eq 111" Hq1 that given in this that locality, and a large person acce $97 is a movement on foot to induce shops 10 the There N. Co. to re-establish the held 0 R. & A public meeting should be wait Mr. his a city committee appointed to upon effict and the manager. By a united forward 00 eq and ehe TPN Mou 01 road eq4 Julius M. Baldwin and held Mr. A. casts Mr. typos who formerly VOUNFrench, city, two walked into the TIMES Baldwin "II" "W wordline siq: RD# sith 111 TAINEER the leasees of the Walla of the 8 no Johnson 8! Freequ W pur 10 amo Union, Diyton Chronicle The boys are short vacation from business. Spokane special from Kalso, B the C., awful says A 80 far reported from of the losses fires raging through the mountains The forest section aggregate about $125,000 destitute, sugget Illus THE A/R 0800 IS to the people sheiter or food. Three Watwithout lamber district, Three Forks, It is D the Bear Like were destroyed. burned to on and several people were relief pus Fuljeptis your 1 Thate parties have been sent out. of assault and battery was tried in A CBS Recorder Dafur t 18 alleged morning, th t eqf 00 your 44 24" 18"I am 01019 "9" "I HUT 1q stated any* was defe the defendant alleged language 'd A 0.1 pasn completed 041 ; the him, which provoked him to recorder owards the circumstances the ordinance, Considering the lowest fine in the was repus pied Peterded eq1 which pesodu ot eased from custody. J Rovernor -11d uno ebout sith sell as exeha An G overnor Pennoyer carries time of lons in a crowd B 01 port short B 241 pue quelq iff penzis ARE They B the the e neqm 02 I eeling minner brought on a with pet him from old Miss- policely B overnor back in the forties, and excellency or the away governor's pirdon, his large of. 03 sked into ine offender's hand a was 0 brust envelope which being opened signed icial to contain an official pardoo, under the X 0 ound blank by his Populist nibs, A neat seal of the state.' = Articles the of inforporation with The county Dilles u Canning today Co, The business of the of corpora- all 0 Jark is the canning and preservation vegetab es, 1 a singh "4 9 'squall go 001 inds The Dilles Oregon 11 f ud its location stock 18 $10,000, divided yalue of into capital hundred shares of the par the incor Z wo dollars each. The names of H Camp. = ifty E. C. Phirmac, H H M THE O H 'M CORTON R AJR ell, W H. J. Maier, G. V Bolton, W. Row. enn, Dietzel, Hugh Chrisman and G. a R. A. D zier, of the Adams, was Pacific in Coast town this ElevaB or company, says the East Oregoman, and are said d norning, wheat market: Waile there price d f the at work which may lower the 1 am A auses from the present i gure. strong I f wheat positive there are sutticiently to bring uite work on the other side that 371 19 t offuences fair mark. I would say ow expensed 01 surely eq UED the anot E 02 do IR ent is d he no cause for surprise As yet Saimed 09 01 08 01 market DOM the 71 pu 3 01 a 81 ver If robable prices. 8 17 78 ⑉ que eig destructive B Q lite o'ciock Wednesday morning, wool bout 10 th end of Herman Front Metzger's street,


Article from Condon Globe, August 10, 1894

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around each other, and lip met lip with a sound like the exhaust of a bath tub, we leaned over the taffrail and wished we were a girl.-J. H. Cardlebaugh in Dalles Chronicle. *A private Washington dispatch informs us that R.T. Cox of Pendleton has been appointed receiver of the suspended First National Bank at Arlington, Oregon. The East Oregonian says: The appointment of R. T. Cox as receiver of the closed First National Bank of Arlington, Oregon, is a good one. Mr. Cox is experienced in this work, capable and energetic. He is a young man of excellent judgment and one who will administer the trust and close up the affairs of the bank with the least expense and the most fruitful results. The closing of the doors of the First National Bank of Arlington and the Baker City National Bank has been expected among the well-informed for some time. It is the same old story of loose management, the principle officers of the bank being deeply interested in other undertaking, which was more or less a burden to the banks, taking up their time to the neglect of the banking institutions, leading to their final overthrow. The closed banks were under one management." The stockholders will probably be the only sufferers.-East Oregonian. The legislature which meets at Salem next January should abolish a lot of commissions, repeal a lot of useless acts, boil down the appropriations and scatter to its homes. If the members will do this they will earn the lasting gratitude of the citizens of Oregon and accomplish more good than any legislature for twenty years. Forty days need not be consumed in tearing down a number of useless and expensive appendages, though a few days might be devoted to passing a maximum freight and passenger act. As they will not do this, let them not beg off by perpetuating a useless railroad commission "with enlarged powers."-Rogue River Courier. Eighteen scholars are already subscribed for the proposed normal school at Condon. There must be at least 25 pupils, and unless the other seven are fortheoming at once there is danger of this worthy project falling through. By all means do not let this matter lag, as a good normal school here will be the most beneficial and grandest institution Gilliam county has ever had. They have no trouble in getting up good schools every other place; why should we fall behind in the procession of thrift and enterprise? As good an opportunity as the present may never again present itself for establishing a normal school here, 80 do not let the matter drop. It would be a wonderful factor of development for the entire county. The Dalles Chronicle says: "A covered wagon passed through town this morning, bearing a series of legends about hard times, "$1.25 a bushel for wheat," aud several other signsin which the owner of the outfit registered his opinion of politics and conditions. Out of curiosity we examined the outfit, finding that the wagon contained some bedding, two rocking chairsand a few other house comforts, and we reached the conclusion that a man who could leave the harvest fields to go berry picking and take his parlor furniture along, would find hard times if wheat was worth $5 a bushel and wool $1 a pound. The times are hard, but they are here, and will not be bettered either by repining or hunting a job in a rocking chair. The island of Corea, for the possession of which China and Japan are fighting, has an area of 85,000 square miles, and a total population of ten millions. It is an absolute monarchy, governed by a king and a ministry of five departments. The country is of a narrow boot leg shape, forming a peninsula, the lower end of which terminates near the southern limits of the Japan islands. China is back of her separated by a mountaineous boundary of several hundred miles, while Russia has a boundary along the north. Japan is a long narrow strip of islands extending along the coast of Asia opposite the contested country. It will


Article from Idaho County Free Press, September 7, 1894

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Outlawed Checks. It is gleaned from indirect references in the Gilliam county papers that some distress and perhaps litigation is going to ensue in that section by reason of outlawed checks on the First National bank of Arlington, which recently suspended. It seems quite a number of checks have been lying about the country and were not presented, holders preferring to keep them instead of the money. One man, B. Gaffney, has one of $116. The man he paid by the check now looks to him for the money, and, of course, Gaffney's retort is the check would have been cashed if presented before the bank closed its doors. A good many such checks are scattered about the country and some trouble is anticipated.


Article from Condon Globe, February 1, 1895

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# GLOBOSITIES. Atty. T. R. Lyons left for Heppner Monday. Mr. Allen Ramsey of 30-mile has been very sick the last three weeks. Miss Mollie Adlard of Ajax visited the family of E. E. Smith at Condon several days last week. Another social dance was given in the new school house 2½ miles north of town Friday night. Sleighing never was better here than it has been the last week, and nearly everybody has taken advantage of it. School Supt. Kennedy will hold the regular quarterly examination at Condon this month, commencing the 13th. See notice. G. S. Clark and family moved this week into their fine new residence just East of his blacksmith shop on Main street. Another pleasant dance was enjoyed by a large number of young folks Wednesday night at the home of Mr. and Mrs. E. A. May on Six Mile. Wheat is quoted at 53 cents a bushel in Jacksonville and the supply is scarce at that. Nowhere on the coast are cereals bringing better prices than there. Billy Keys, the prosperous young cattleman of Mayville, was in town Tuesday and Wednesday on business. Stock in his section have fared well so far the winter. Comptroller Eckles has autho Receiver R. T. Cox of the First No bank of Arlington to declare a d of 15 per cent on claims against stitution. A Portland exchange, in correspondent, remarks th lamp makes an acceptable bride with polished bra and a shade of silk ar In renewing her GLOBE this week, McMinnville ad rather do with GLOBE." The Miss Lul ed last wo arrived by H. Mille purpose at pres Rev but w don m Some ran, hole len ing col est his mar E the arri hold tha tha day A the com on sh bo n 10 a ba to ed SURGEON, 8 S


Article from Condon Globe, November 22, 1895

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from lack of sufficient patronage to keep the paper alive. This leaves Crook county-with about three times the area and population of Gilliam-with but one paper again, the Prineville Review. Geo. Gibbons is making preparations to build a fine dwelling house on his farm near Mayville. He was over to town Wednesday to engage Shed Grider to do the carpenter work. Mr. Gibbons is one of the most industrious citizens in the county. He is getting ahead right along, for the simple reason that he isn't afraid of work. The Southern Pacific and O. R. & N. are at present engaged in a vigorous rate war, and the fare to California is lower than it was ever known to be. The fare from Portland to San Francisco by rail is: First-class, $10; 2d-class, $5, including berths. By O. R. & N. steamer-1st-class, $5; 2d-class, $2.50, including berths and board. This is almost like traveling on a pass. All of the seven applicants for teachers' cirtificates, examined at Condon last week were successful, their standing being as follows: Misses Grace Frizzell, Emma Harer and Edith Young, each 94 per cent; Miss Stella Hastain, 95; Mrs. C. W. Burnham, 92; Mies Belle Foster, 86; Mrs. Estella Clarke, 82; Miss Jessie McConnell, 73. We understand the questions were unusually hard this time. # BULLY FOR MORROW COUNTY! The county court of that county last week made an order allowing $1 bounty on coyote scalps. A stockmen's union should be organized there at once to supplement it with another $1. This leaves only two adjoining counties that does not pay a bounty-Grant and Sherman; but they both favor the idea and no doubt will fall in line within a few weeks. Coyote, your name is Dennis. Petitions are being circulated in Sherman county asking that a bounty of $1.50 per head be offered by the county court for coyote scalps. There is no doubt about heavy depredations in some parts of the county on sheep, and something must be done to stop it but whether the taxpayers generally are able to stand such a tax as $1.50 per scalp might aggregate, we are not prepared to say.-Moro Observer. Perry Fry, the well-known raiser of fine horses, was in town Saturday from Beecher Flat. He requests us to announce that the lost sheep dog, advertised in this paper recently by J. W. Maidment of Lost Valley, is at his place and has been for some time. Perry says the owner can have the animal by paying the charges on him. Mr. Fry has the Alberta (Canada) fever, and expects to make a trip up there next spring with a view of locating there. Robt. B. Spencer of Olex and W. W. Weatherford of Shuttler Flat have been subpoenaed to serve as jurors in the U. S. district court at Portland, which convenes on Nov. 26th. Among the cases that will come up for trial is a civil case of the defunct First National Bank of Arlington vs. Ernest Seekamp, on some kind of a wool deal. The receiver of the bank claims that Ernest owes it $1,200 and Ernest says the amount he owes is only $190-quite a little difference. S. A. D. Gurley is Mr. Seekamp's attorney in the case. C. L. Lillie finished boring S. P. Shutt's well the first of the week, and has secured abundance of water at a depth of 44 feet. Mr. Lillie says the vain of water in it is the strongest he has ever found in all his experience as a well-borer. Just atter cleaning it out any one thirty feet from the mouth could hear the water bubbling in the bottom of the well-like the sound of running water. He is now at work on a well for H. N. Frazer. These wells are of incalculable benefit to not only the owners but to the entire town, as such improvements are always of general benefit to a town. Tom Lewis was taken to The Dalles Monday from Antelope and placed in the county jail. Last Saturday 80 tons of hay belonging to Phil Brogan were burned. The tracks led to the house of Lewis and he was arrested. Public feeling at Antelope was strong against him that it was feared he would be lynched and he was taken to The Dalles for safe keeping. Within the last couple of months nearly 1000 tons of hay belonging to sheepmen have been burned in the Antelope, Caleb and Mitchell country, supposed to have been done by an element over there that has been at war with the sheepmen for years. If Lewis


Article from Condon Globe, April 24, 1896

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Judge Bellinger has appointed Tunis Sweek, of Grant county, receiver of 10,000 bead of sheep which are involved in the case of Receiver Cox, of the First National Bank, of Arlington, Or., against Beck Bros., and the National bank of Heppner.


Article from The San Francisco Call, July 16, 1896

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# Receiver Cox Appeals. Richard T. Cox, receiver of the First National Bank of Arlington, Or., filed a writ of error in the Circuit Court of Appeals yesterday in the action against J. L. Robinson brought in the District Court of Washington to recover $3,833 23, and which was decided in the latter's favor. It seems that prior to the failure of the Arlington bank it secured judgment against one N. Cecil of Gilliam County, Or., for the amount named above. Robinson stepped in and assumed the debt, thus releasing Cecil's property. Shortly after this the bank went under, and the receiver brought suit to recover the amount named in the old Cecil claim, and for which Robinson had become responsible. The latter offset the claim of the bank by one against it, and in the District Court of Washington won out. Receiver Cox now files a writ of error, alleging, first, insufficiency of evidence to justify the verdict, and, second, that the verdict is against the law.


Article from Condon Globe, May 27, 1910

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F. French of the Dalles. W. Lord of Portland, Q. D, Sturgess of Arlington and F. T. Hurlburt of this city, Directors of the Arlington National Bank, met at Arlington on Thursday of last week. F. T. Hurlburt was eleced as Vice President. Mr. Hurlburt has been a stockholder and officer of the Arlington National Bank since its organization in 1888 and personally had charge of the bank during the panic of 1893 and also the strenuous year of 1894 when the First National of Arlington closed its doors.