Article Text
RECEIVER APPOINTED. Tacoma, Wash., February 27.-ExGovernor John H. McGraw was this afternoon appointed receiver of the bank of Everett by United States Judge Hanford.
19242. Bank of Everett (Everett, WA)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- January 1, 1893*
- Location
- Everett, Washington (47.979, -122.202)
Metadata
- Model
- gpt-5-mini
- Short Digest
0e2bf96c8f4ba0a4
Response Measures
None
Description
Articles report the Bank of Everett as having failed (early 1893) and a receiver appointed Feb 27, 1897. No article describes a depositor run; the institution is in receivership and assets being sold. Cause of failure is not specified in the texts (OCR errors present but bank name and dates are clear).
Events (3)
1.
January 1, 1893*
Suspension
- Cause Details
- Article only states the bank 'failed in 1893' without giving a cause; no run or specific adverse information described.
- Newspaper Excerpt
- the Bank of Everett, which failed in 1893
- Source
- newspapers
2.
February 27, 1897
Receivership
- Newspaper Excerpt
- John H. McGraw was today appointed receiver of the Bank of Everett by Judge Hanford. (Tacoma, Feb. 27.) Receiver Appointed for the Defunct Institution. TACOMA. Feb. 27.-Special. John H. McGraw was today appointed receiver of the Bank of Everett by Judge Hanford. Ex-Governor John H. McGraw has been appointed receiver of the Bank of Everett, by U.S. Judge Hanford. The panic, Everett, has which failed early in the made his final report to the court, and an has been made assets to be sold at remaining order directing auction. The panic, Everett, has which failed early in the made his final report to the court, and an has been made assets to be sold at remaining order directing auction. The receiver of the defunct Spokane Savings bank has been authorized by the court to pay a dividend of 7 per cent the the outstanding claims against of on institution. The panic, Everett, has which failed early in the made his final report to the court, and an has been made assets to be sold at remaining order directing auction. The panic, Everett, has which failed early in the made his final report to the court, and an has been made assets to be sold at remaining order directing auction. (See multiple articles listing appointment of McGraw as receiver, Feb. 27.)
- Source
- newspapers
3.
October 5, 1897
Other
- Newspaper Excerpt
- The uncollected notes and judgments, assets of the Bank of Everett, which failed in 1893, were sold today at public auction by Receiver Elwood Evans, of Seattle. The amount realized was $4,008.40. The only real estate sold was the Tower block, which brought $1,000. Bids were asked on the bank building, which is a two-story brick, standing on the corner of Pine street and Hewitt avenue. In addition to this there are several lots in this city and one lot in Seattle ... These will be sold later. (Oct. 5 report of sale of assets.)
- Source
- newspapers
Newspaper Articles (6)
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Article Text
THE BANK OF EVERETT. Receiver Appointed for the Defunct Institution. TACOMA. Feb. 27.-Special.John H. McGraw was today appointed receiver of the Bank of Everett by Judge Hanford. The selection is the result of the application of Receiver Tillinghast. of the Columbia National bank. who alleges that his institution holds approved claims amounting to $27,732.53 against the Everett bank. The Everett bank assigned to M. O. Tibbets in June, 1833, with assets worth $70,000. In the petition it is stated that Tibbets has moved to British Columbia, out of the jurisdiction of the court, leaving his trust to take care of itself.
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The weather prospocts are Tonight and Saturday occasionally rain." Even Seattle is moved to giving a high compliment to Olympia's improved harbor. A delighted audience witnessed the rendition of Rienzi, at Olympia Theater, last night. Mrs. Williams of the New York bakery, returned from a trip down the Sound yesterday. The term of school on the Westside is continued to make up for time lost during the cold weather. The Capital Brewing Co. received a shipment of 250 sacks of malt yesterday from San Francisco. Mrs. J. Ballweg left Wednesday afternoon for Baker City, Or., where she goes to join her husband. Mrs. Robt. Frost left for Port Townsend Wednesday, to attend the funeral of the late Chas. M. Bradshaw. Ex-Governor John H. McGraw has been appointed receiver of the Bank of Everett, by U.S. Judge Hanford. S.C. Knapp, of this city, was a passenger by the Umatilla for San Francisco which left Seattle to-day. Tickets for The Prodigal Father" will go on sale at O'Connor's bookstore to-morrow morning at 9 o'clock. John Bethel of this city, lately took unto himself a wife in the person of Miss Louisa Ramsey of Whatcom. R. G. Esterly and Miss Annie Heath, of Tumwater, were lately united in matrimony by Rev. E. Hopkins. The women of Olympia have begun what they call "amateur gardening." Well, there is something in a name, after all. The Salvation Army will hold a Cake and Coffee Social, to-morrow night at their hall. Refreshments 10 cents. Thomas Prather is so far recovered from his late illness as to be able to trundle his baby carriage along the sidewalk. Mr. Willis Shelton passed through the city on Wednesday en route to Cosmopolis, of which place he is now a resident. " What beautiful weather," was the appropriate salutation tossed from mouth to mouth, the greater portion of the past week. Mr. Edward Callow, of Kamilchie, who has been visiting relatives and friends in Olympia this week, left for his home to-day. Papa and mamma robin are interviewing the old pear tree in quest of a desirable place to set up house-keeping for the summer. F. Covington and family, formerly residents of this city, late of Seattle, have returned to make this place their permanent home. Jeff Canon, of Tenino, was in the city yesterday for the purpose of taking preliminary steps for proving up on his homestead entry. Eva, a daughter of Allen Weir, has had an operation performed on her eyes, which it is believed will be successful in removing the obstruction to vision. Charles Lindstrom, who was in the county jail a few weeks ago charged with being insane, and was released as being simply ill, died at the poor farm Tuesday. James Brewer, the marketman, has sold out his business to the Thurston County Meat and Produce Co., retaining an interest, however, in the new incorporation. Dr. N. J. Redpath, assistant physician at the Western Washington Hospital for the Insane, has resigned his position, and will remove to this city to resume practice. John H. Ogden left yesterday for Grand Forks, B.C., to join his partner George E. Filley in mining operation, who is on the ground and reports excellent prospects. The depositors of the First National Bank will hold a meeting at the office of T. N. Ford to-morrow (Saturday) afternoon at $1:30 o'clock
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BANK OF EVERETT ASSETS SOLD. More Realized Than Expected, and More Property to Go. Special Dispatch to the Post-Intelligencer. EVERETT, Oct. 5.-The uncollected notes and judgments, assets of the Bank of Everett, which failed in 1893, were sold today at public auction by Receiver Elwood Evans, of Seattle. The amount realtred was $4,008.40. The only real estate sold was the Tower block, which brought $1.000. The totals are much greater than were expected, and are very much more than would have been realized if sold a year ago. Bids were asked on the bank building. which is & two-story brick, standing on the corner of Pine street and Hewitt avenue. In addition to this there are several lots in this city and one lot in Seattle, the latter worth about $2,000, the bank furniture and fixtures and burgiar-proof safe. These will be sold later.
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ALONG THE COAST. Items of General Interest Gleaned From the Thriving Pacific States. The ministers of Spokane are generally of the opinion that there should be but one legal ground for divorce. new sawmill of the Equality near Edison. Colony, The Wash., is completed and paid for. Its daily capacity is 10,000 feet. The shipments from Coulee City, last week to of containing nearly 1,500 head, Wash., cattle, amounted 52 cars and representing $42,000. The Indians who have been causing trouble are getting out of Grant county, Oregon, as fast as possible, and no further trouble is expected. According to the financial statement of Coos county, Oregon, the 2 per cent reduction in the legal rate of interest will mean a yearly saving of something over $1,800. G. Gunerson, of Melbourne, and one of the largest timber importers of Australia, is viisiting the Northwest arranging for the purchase of several cargoes of fir lumber. Isaac W. Garrett, ex-secretary of state of Idaho, and a pioneer of Oregon, died at Boise. Mr. Garrett had suffered from a complication of troubles for about a year. The Grand Ronde Lumber Company, of La Grande, has just closed large conwith different southern California fruit for very quantitracts associations fruit large boxes. ties of orange and other receiver of the Bank of The panic, Everett, has which failed early in the made his final report to the court, and an has been made assets to be sold at remaining order directing auction. the sheet metal The Pacific worksat last week New Whatcom started up again a crew, after having been for about a the of means with shut down half employment month. about 50 This or 60 persons, and is welcome news to a large number of people. The discovery has been made that some miscreant has defaced the two 54ton guns that are waiting to be placed in position at Marrowstone point, in Puget sound, by cutting names on Sus- the eteel barrels with soap and acid. picion reste on discharged workmen. The Imperial Paste Company has been at Great for the purpose of organized manufacturing Falls, of Mont., that macaroni to supply the trade and adjonining etates. The output of the factory is 500 pounds daily. They have orders ahead for three months product. The receiver of the defunct Spokane Savings bank has been authorized by the court to pay a dividend of 7 per cent the the outstanding claims against of on institution. This will make a total The 52 cent paid by the bank. total per indebtedness of the bank amounts to $100,409.54. The Golden Giant dredger, now be rapidly pushed to completion at of ing Lannan's spur. below the mouth Burnt river, will be ready to operate 2,000 December 1. Its capacity is be on cubic yards per day, and it is to operated on 160 acres which are report. ed good for 50 cents per cubic yard. The Republic Mining Company declared of Eastern Washington has just $30,another dividend amounting to which is at the rate of 3 cents per share. 000, This is the second monthly like dividend paid by the company assurance of amount, and there is every this the dividends will continue mill at is rate that every month, although the not running at its full capacity. Never before was grass 80 scarce now. on Gilliam county range as bunchthe in pastures where the old so devoid Even is abundant, the grass is grass nutriment from long-continued flesh on of that stock are losing Several sheepmen have hay already, and wise flocks are reducing their just while the pirce and drought it. feeding cattlemen now, is commenced good. sheepmen contract to cut 5,000,000 feet been of The and 175,000 ties has Stout, secured lumber by McPherson Bros. contract & is Brooklyn, B. C. This of the Columbia & Western railway, Rob with will use the lumber on its conwhich inson-Penticon branch. This firm Glad. removing their mill to timber stone, templates where a fine body of exists. Holmes. of Wellington, New John was recently in Vancouver, the gov. Zealand, a commissioner from mission to C., as of the island on a trade of ernment new fields for the hemp profind Zealand, which last year says duced this country offers a fine opening New 22,000 tons. Mr. Holmes for
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THE COAST. ALONG are of The Spokane of that there should erally for be divorce. the Equality is comnear Colony, Wash., Edison. for. and daily paid pleted capacity is feet. 10,000 from City, The Coulee 52 shipments to Wash., 500 of head, cattle, and who been The causing Indians out counGrant trouble ible, as and ty, Oregon, further trouble expected. the financial statement 2 of According tr per the Coos Oregon of in the rate legal interest reduction of will saving something over $1,800. one and of G. of of Melbourne the Augthe tralia, Northwest of for the ing cargoes several purchase of of W. etary Isaac ex-secret Garrett, of Orenioneer state Idaho, had Mr. died gon, Garrett of troubles for The Ronde of La large California for very large quantiand of ties fruit other boxes. of of the The Bank Everett, in the early which panic, to the and made court, the an been order directing at to sold auction. New The last week again Whatcom been with having after crew, This shut down about month. of the about means 60 news welcome large that The made been the two some be to ton placed in point, on the by Puget sound, cutting Suswith and soap acid. steel on picion workmen. discharged has The Paste Imperial been Great Falls, Company , of for sturing of the that trade The and output 500 the daily. They factory pounds for ahead three have months product. of the The defunct Spokane ized been Savings 7 of the dividend on the claims against will total This make 52 by the The per bank. paid of the bank total indebt amounts to 409.5 beThe now Giant dredger, Golden at ing the mouth below to be ready Burnt operate is Its on to it day, and cubic 160 are which report ed cubic yard. of The Mining just Compectioned Eastern to $30, another dividend mounting of 000. the rate is the This second share. by of the paid company dividend is and every there amount, will that continue the mill i although full not capacity 80 was scarce Never before grass as the range now. county in the old Even bunchis devoid abandant, from flesh losing it. have hay wise feeding and their Hocks reducing just now, good. to cut feet 000 The 000, contract ties and has 175,000 lumber & by Bros. Stout, secured McPherson of This Brook & the with Western railway, Columbia its which Rob Lumber on firm con This insonbranch. to mill Gladof body stone, template Bere timber exists. New John Holmes, was Zealand, the from the igland mission for the find trade fields hemp last New which year duced tons. Holmes for this offers opening trade housecottons, and hold salmon cultural Five the Sunday Payallup to the the last pay royal honors infant, who died Reed and last week, Leschi, who the the chief Leshi, George Puyallap is as tribe, death mourned of of the leader peopossible but one ple, heir being living now the left. was uncle leader Leschi's in the the whites against he for his lost life. early which daye, In of the with request of the trade, which bliddle was in of the several the cities, Pacific Los week urging congres to to take restore the States United trade carrying in the under vessels gailing American and of the also the press its to the aid powerful. underand flag, coast to of lend this to on-operate great with local