19220. Commercial Bank (Conconully, WA)

Bank Information

Episode Type
Suspension โ†’ Reopening
Bank Type
state
Start Date
August 1, 1893*
Location
Conconully, Washington (48.557, -119.750)

Metadata

Model
gpt-5-mini
Short Digest
addca05a3372e995

Response Measures

None

Description

Article (Seattle PI, 1894-02-02) states the Commercial Bank of Conconully suspended last summer and has resumed business, indicating a suspension followed by reopening. No article describes a depositor run. A 1916 article references an earlier voluntary suspension of a bank in Conconully by L. L. Work (no losses), which may refer to the same institution at an earlier date; that earlier suspension is described as voluntary. I do not invent additional details about the 1893 suspension's cause beyond what the texts provide.

Events (3)

1. August 1, 1893* Suspension
Cause Details
Article only notes the bank suspended last summer without giving a cause; may have been voluntary but not explicitly stated in the 1894 notice.
Newspaper Excerpt
The Commercial bank, of Conconully, which suspended last summer,
Source
newspapers
2. February 2, 1894 Reopening
Newspaper Excerpt
The Commercial bank, of Conconully, which suspended last summer, has resumed business.
Source
newspapers
3. December 22, 1916 Other
Newspaper Excerpt
He opened bank at Conconelly. ... Mr. Work closed his bank, yet no one suffered loss by that suspension which was voluntary.
Source
newspapers

Newspaper Articles (2)

Article from The Seattle Post-Intelligencer, February 2, 1894

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Article Text

NORTHWEST NEWS. The Commercial bank, of Conconully, which suspended last summer, has resumed business. Cle-Elum river bottom lands are overrun with deer driven from the mountains by snow and hunger. The dry goods store of Leopold Loewenson, Portland, has been closed by attachments aggregating $12,000. Five stowaway Japs were landed at Vietoria by the Mogul on her last trip. The provincial court will deal with them. It is stated that the quarrymen of Oregon and Washington have formed a trust and will maintain stiff prices for stone. Hereafter applicants for admission to the Washington Soldiers' Home shall only be admitted on a certificate of the surgeon in charge of the home, of a disability sufficient to entitle them to admission. Capt. Voss and Mate Svenson, late of the schooner Emerald, which has gained considerable notoriety lately, are the new proprietors of the Empire restaurant on Johnson street. They assumed the ownership of this cosy little eating place about a week ago, and are well satisfied with their venture. If not as profitable as their former enterprises it is much safer, and though the United States customs authorities have offered them every inducement to return to San Fran isco and give evidence against their former partners, it is understood that they prefer to remain beneath the British flag.-Victoria Colonist.


Article from The Oroville Weekly Gazette, December 22, 1916

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Article Text

SEEKING A NEW HOME. last L. L. Work, accompanied by son Kenneth, `eft Friday his for the east, taking the southern route by the way of San Francisco. Mr. Work is to lo cate in New York city, where he will be joined by his wife and daughter, who preceded him several weeks and are now visiting at Lincoln, Nebraska. In the departure of Mr. Work, Okanogan county loses a citizen who has been identified with the business interests of the county for a quarter of a century, and one that has done more for the upbuilding of the county tha. any other single individual. Mr. Work a Years ago opened bank at Conconelly. This county experiencled serious reversals with the failure of mining ventures, which was the principal industry in those days, and Mr. Work closed his bank, yet no one suffered loss by that suspension which was voluntary. He went to Bellingham, where he lived for a year or two. His confidence in the future of Okanogan county was not shaken and he returned and established the Commercial bank at Conconully. Before many years Mr. Work was interested in a chain of banks that covered Conconjully, Twisp, Brewster, Okanogan, Oroville and Molson. His activities were not confined to banking. He invested and took hold of numerous ventures that contributed toward the developmet of the resources of the country. His organization of a cattle company in the Methow valley was the first step towards starting the cattie industry in that section, which has grown to be of great importance. Mr. Work's assistance was called in days on the of upon early for occasion its object every movement that had the welfare or advancement of the county, and he cheerfully and generously responded with both his time and means. He preached the gosper or Okanogan among people living at a distance, among financiers, home seekers and in the marts of trade, for his business called him outside on long trips frequently. He never lost an opportunity to advertise the attractions and possibilities of this upper country, and through his instrumentality scores of people were induced to come into the county and 10cate. The good he has done the county during the (long years of his active participation in its business affairs is beyond calculation, and is not yet sufficiently understood and appreciated by the public. He will be sorely missed. If commendation is withheld at present there will come a time when full realization of his worth, and the work he has accomplished, will appeal strongly to those with whom he has been associated for so many years and he will be given the credit that he deserves. Mr. Work moved from Conconully to Oroville several years ago, and during his residence here has been a very prominent agency in every position that aimed at betterement of the town and the surrounding country. His aid and advice was frequently sought, and he never failed to respond. In his civic duties he never shirked the responsibilities of citizenship. As a keen, capable, successful banker, Mr. Work has few superiors. He has been safe and sane in handling every trust placed in his hands. If his judgment was ever at fault, outside of banking, where he made no serious mistakes, he accepted reverses calmly and philosophically. Personally Mr. Work is a most likeable gentleman. In public life he was trustworthy and upright, and his private life was without a flaw. He and his most estimable family carry with them into their new home the best wishes of a multitude of friends.