19933. Corn Exchange Bank (Waupun, WI)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
*
Location
Waupun, Wisconsin (43.633, -88.730)

Metadata

Model
gpt-5-mini
Short Digest
7662036d0e9326ca

Response Measures

None

Description

The articles refer to the Corn Exchange Bank of Waupun as having failed (referred to as 'broken'/'bursted' and 'failed a couple of years ago') and legislative appropriations to cover losses. No contemporaneous run is described in the provided clippings; the bank failure/suspension appears to have already occurred prior to these articles and remained closed. Exact failure date is not given in the excerpts.

Events (1)
1. * Suspension
Cause
Bank Specific Adverse Info
Cause Details
Articles describe the bank as 'broken'/'bursted' and having failed previously; specific triggers (fraud, bad loans, etc.) are not detailed in the text.
Newspaper Excerpt
Resolutions of inquiry as to the funds of the State in the broken Corn Exchange Bank at Waupun...; appropriating $9,500 to H. N. Smith... for money lost in the bursted Corn Exchange bank of Waupun; which failed a couple of years ago at Waupun
Source
newspapers

Newspaper Articles (3)
1. February 17, 1876 The Kenosha Telegraph Kenosha, WI
Article from The Kenosha Telegraph, February 17, 1876

Click image to open full size in new tab

Article Text

Legislative Record. TUESDAY, Feb.8.-senate.-Billsintroduced: To compel the building of fences along highways to constitute and organize the Fourteenth Judicial Circuit from the Third, Fourth and Tenth to aid free discussion and the liberty of the press. The latter provides that no word, published or spoken, not charging a criminal offense, shall be actionable, except where it is done maliciously. Assembly.-The use of the chamber was granted to the Railroad Committee, to hear the argument on the bill legalizing a change of the route of the West Wisconsin Railroad The resolution, offered last evening to the of effect that the State control railroads has been established by all the courts in which it has been brought, and that the rights of the people would be endangered by the repeal of the Potter law, was referred to a special committee by a vote of 61 to 64 Bills were passed, authorizing the establishment of sinking funds; to make twenty days a school month, and for the protection of brook-trout A resolution for the amendment of the Constitution, for a biennial session, and election of Senators every four years, and of Assemblymen every two years, was adopted. WEDNESDAY, Feb. 9.-Senate.-Over thirty bills were introduced, the most important being To prohibit claims being allowed unless presented within six years; amending the laws relating to hawkers and peddlers; amending the laws in relation to the destruction of wolves and wild cats; to protect wild pigeons in nesting; relating to public printing; to regulate license of railroad companies; providing for incorporating associations for lumbering and logging purposes; to authorize County Judges to grant pardons. Bills passed relating to nquests of dead; in relation to trials in civil and criminal cases; relating to executions, etc communication was received from the Governor nominating for Regents of the Normal School, S.S. Sherman, of Milwaukee; John Phillips, of Stevens oint; and C. A. Weisbrad, of Oshkosh. Assembly.-Bill were introduced authorizing insurance companies to insure against loss or damage by hail; in relation to the organization of railroad companies; making county, city, town and village Treasurers ineligible for a second successive term to damage by provide against corn-shellers, by tumbling-rods threshing, or other machines run or shafting; to amend the Registry law; forbidding the dismissal of suits before Justices on the ground of orthographical errors; relating to the disposition of the real or personal property of paupers; to amend the Game law A few unimportant bills passed. THURSDAY, Feb. 10.-Senate.-Bills introduced: To protect depositors in State and Nationa Banks; to authorize the State Prison Directors to lease convict labor; to provide for a State sinking fund for the relief and protection of railway stockholders; to reconstruct the Eleventh Judicial Circuit; for the protection of fish in inland waters reating to the issue of State warrants; appropriating $2,000 as a contingent fund. To-day being the last for the introduction of new business, there was a flood of it The Senate passed bills to extend the time for the construction of the North Wisconsin Railroad, and waive forfeiture for failure to build 20 miles the past year; to permanently provide for deficiencies of the University fund income: appro priating $5,000 to the Blind Institute, for furniture. the Assembly.-The railroad agony is over. In Assembly, by a vote of 67 to 31, the pending railroad Some 109 bills bill was ordered to a third reading were introduced, about a fourth as many as during the whole previous session. Many were of only local importance, many merely titles to cover something yet to be prepared and referred back for perfection. This afternoon, after three hours discussion of the Iowa County contested seat between Gray and Bennett, the vote resulted in a tie-48 to 48-80 Gray, Democrat, keep3 his seat. Field, of Racine, voted with the Democrats. Mr. Gray made an eolquent effort in his own behalf, and Messrs. Griffin and Flint, of the Committee on Privileges and Elections, bly advocated the claim of the contestant. This it has been was an in the and that vote was An evening count, the found that there really 49 to error 48. effort will be made to correct it in the morning. FRIDAY, Feb. 11.-Senate.-The nomination of Wiesbrod, Sherman and Phillips as Regents of the Normal School was confirmed unanimously Resolutions of inquiry as to the funds of the State in the broken Corn Exchange Bank at Waupun, and in regard to $100,000 of the Insane Asylum appropriation, in the hands of Mr. Mills, were adopted. Assembly.-The session was principally occupied in trying to arrange the contested election case of Gray vs. Bennett, and a resolution was finally presented for a new vote, and putting the members on Their honor to vote as they did yesterday. After its filibustering, a vote was reached on ad/ption, being 48 to 48, Mr. Gray voting. The Speaker ruled that Mr. Gray had no right to vote. Appeal was taken and the

2. March 14, 1878 River Falls Journal River Falls, WI
Article from River Falls Journal, March 14, 1878

Click image to open full size in new tab

Article Text

# WISCONSIN LEGISLATURE. MADISON, Wis., March 5. In the Senate Price's resolution for amendment to the constitution prohibiting the traffle in intoxicating liquors came up and was discussed at length. Senators Price and Reynolds made strong arguments in its favor, and Senators Anderson, Wing and others against. The resolution was finally killed, 13 to 14. Bills passed: The local option law for villages and towns; for exhibition of Wisconsin dairy products at the Paris exhibition; providing for seven fish commissioners. Bills were concurred in appropriating $9,500 to H. N. Smith, State prison commissioner, for money lost in the bursted Corn Exchange bank of Waupun; for the preservation of trout in St. Croix county. Bills killed: Amending the railroad law so as to prevent persons using unfenced as well as fenced railroad tracks as public highways; restoring capital punishment and relating to attachments. The bill for the enlargement of the State capitol was made the spécial order for to-morrow. In the Assembly bills passed relative to the publication of city charters, the Assembly spending most of the session in committee of the whole. EVENING SESSION. The Senate had an evening session to-night for consideration of the several bills relative to insane institutions. The bill for a State institution for insane and cure of inebriates in the city of Milwaukee was indefinitely postponed, and bills appropriating a hundred and ninety thousand dollars to the Northern asylum, and eighty thousand dollars to the State Insane asylum for the erection of new wings, and also for the cure of insane, were made the special order for to-morrow at 11 a. m. MADISON, Wis., March 6. The Senate was largely occupied on a bill providing for a county system for care of the insane. It was largely amended, laid over and ordered printed. A bill for enlarging the supreme court rooms was passed to the third reading by a large majority. Bills passed in regard to making out life insurance policies, relating to the foreclosure of mortgages, for locating and changing county seats, and in relation to the publication and sale of reports of the geological survey. A resolution was adopted intsructing all committees to report all bills by the 9th. The bill for the extension of the capitol was ordered to the third reading. In the Assembly a bill was concurred in providing for sterotyping the reports of the supreme court. The bill appropriating fifteen thousand dollars to the Milwaukee home for the friendless, was ordered to the third reading. A large number of bills were indefinitely postponed. NIGHT REPORT. MADISON, Wis., March 6. The Assembly had a session to-night on the Senate bill making eight years' continued insanity grounds for divorce. After an exhaustive discussion by Pope and Carter in favor of passage, and Ed Wall against, the bill was indefinitely postponed by a vote of 51 to 40. The railroad committee of the Assembly will to morrow report a bill repealing the Wisconsin Central exemption law back to the Assembly, and recommend its indefinite postponement. MADISON, Wis., March 7. The Republican members of the Senate and Assembly held a caucus to-night, and resolved on the appointment of legislative and congressional committees to aid the central committee in the organization of the party for the campaign of 1878. A committee from each congressional district was appointed. In the Senate, this morning, the bill passed relating to the publication and sale ef reports of the geological survey -ayes 28, nays 1. Authorizing the State board of health to make its annual report and publish 8,000 copies thereof -ayes 20, nays 5. A large number of bills were passed in the Assembly. Among others, Senate bills passed appropriating $15,000 to the Milwaukee Industrial school for girls; for protecting the State capitol against fire, and to supply water for the use of the school and park; for removal of civil actions in certain cases; to amend the revised statutes in relation to county offices; to authorize the judge of the eleventh judicial circuit to appoint an additional court commissioner; to authorize the Governor to execute a quit claim deed in certain cases; relating to certain classes of railroad bonds therein named; and to provide for the purchase of two hundred copies of Webster's dictionary. Assembly bills passed to reduce the price of swamp and overflowed lands in La Crosse county; for the protection of game in St. Croix county; to amend the law relating to the business of breeding and raising furred animals; to appropriate money to the Northern hospital for the insane for current expenses; to secure to citizens the benefits of an elementary education; authorizing the commissioners of school and university lands to loan a portion of the trust funds to Chippewa Falls for school building purposes; to provide for laying and establishing and building a state road from the city of Centralia to Knowlton; to prevent the adulteration of milk in butter and chese factories, and to amend the charier of the Wisconsin river improvement company. The Senate this afternoon killed the bills restoring capital punishment, providing for licensing engineers, and the inspection of boilers, and amending the liquor law, making it criminal to sell liquor to minors. MADISON, Wis., March 9. In the Senate the bill was concurred in amending the city charter of Eau Claire. Under suspension of the rules bills passed to incorporate the city of Jefferson. Under suspension of rules in the Assembly bills passed to authorize the commissioners of school lands to extend the time of a certain loan: to peal the law authorizing a free bridge across the St. Croix river in Burnett county: to provide for the preservation of fish in Coon river; relating to registration of voters in incorporated cities; to amend the laws relating to the sale of land for unpaid taxes. Both houses adjourned until Monday evening. It looks now that the Legislature will adjourn sine die Friday or Saturday next, to be called together on the 28th of May, by which time the revisory commission will have finished the revision of the statutes. At the extra session the legislature will not last to exceed a week. Nearly all the members and employes have gone home and the city is extremely quiet. MADISON, March 11-Both Houses had sessions to-night. The Senate passed bills for the relief of H. N. Smith, warden of the State prison; appropriating $81,980 to the Northern insane asylum; prohibiting the employment of children in factories, and indefinitely postponed the compulsory educational bill. In the Assembly the bill was concurred in to remedy the evils consequent upon destruction of any public records by fire or otherwise. Bills passed to authorize the construction of a dam across Greaner's creek in Barron county; to appropriate money to provide for postage stamps for employes; to provide for transfer of the normal school fund income to the treasurer of the board of regents of normal schools; to extend the time for construction and completion of the Chicago, Portage & Superior railway; to declare the true intent and meaning of the language used in section thirty of chapter one hundred and fifty-one of the general laws of 1860, entitled an act to codify the laws relating to Normal schools, and to amend chapter 94 of the general laws of 1857, and chapter 116 of the general laws of 1866, and of similar language used in other statutes of the State. The State central committee through its secretary, Frank Leland, endorse the nominations of Judge David Taylor and Judge Harlow S. Orton as additional judges of the supreme court. # LAWS OF WISCONSIN.

3. March 14, 1878 The Kenosha Telegraph Kenosha, WI
Article from The Kenosha Telegraph, March 14, 1878

Click image to open full size in new tab

Article Text

Legislative Proceedings. TUESDAY, March 5. SENATE. Mr. Price's resolution for an amendment to the constitu-tion, prohibiting traffic in intoxicating liquors, came up and was discussed at length. Messrs. Price and Reynolds made strong arguments in its favor, and Messrs. Anderson, Wing and others against it. The resolution was finally killed-13 to 14.... Senate bills passed: Incorporating the city of Ahnapee; the Local-Option Liquor law, for villages and towns only; providing for an exhibition of Wisconsin dairy products at the Paris Exposition; reorganizing the State Fish Commission, and granting them an annual provision; relative to a bridge at Ahnapee across the Ahnapee river; laying out and establishing a State road from Wolf river, Shawnee county, to Wausau, Marathon county.... Assembly bills concurred in: For the preservation of brook trout in Monroe county; for the appointment of Horatio N. Smith to be Warden of the State prison, appropriating $9,500 for the same amount lost in the Corn Exchange Bank, which failed a couple of years ago at Waupun; for the preservation of trout in St. Croix county; for the preservation of fish in Dote's mill-pond and streams running into the same; relative to the preservation of fish in Pardy & Ashley's mill-pond and tributary streams in Columbia county; amending the charter of Milwaukee.... Senate bills killed: Amending the Railroad laws so as to prevent people using unfenced as well as fenced railroad tracks as public highways, relative to offenses against life and persons of individuals; relating to attachments.... The Capitol Extension bill was made the special order for to-morrow morning at 11 o'clock... The Senate had a session to-night for the purpose of considering the several bills in relation to insane asylums, on their special order, after considering them in committee of the whole. The bill for the establishment of a State institution for the insane and the cure of inebriates in Milwaukee was indefinitely postponed, and bills appropriating $190,000 to the Northern Hospital, $80,000 to the State Hospital, and to further provide for the cure of the insane, were made the special order for 11 o'clock to-morrow. ASSEMBLY. The Assembly bill in relation to the publication of city charters was passed... Senate bill passed: To incorporate the city of Ahnapee.... Several bills were considered and ordered to a third reading, among them the Senate bill providing for the publication of the Supreme Court reports.... Most of the session was spent considering bills in committee of the whole. WEDNESDAY, March 6. SENATE.-Bills were passed: Relating to making out fire insurance policies; amending the charter of the German-town Farmers' Mutual Insurance Company; to foreclosure of mortgages; for locating and changing county seats; relating to the publication and sale of reports of the geological survey.... Senator Rankin offered a resolution instructing all standing and special committees having bills in their possession to report the same back to the Senate by Saturday, March 9. Adopted.... The Capital Extension bill come up after an extended speech by Senator Barrows in favor of the bill. It was ordered engrossed without a dissenting voice.... The bill providing for a county system for the care of insane came up. It was amended to a considerable extent, and laid over and ordered printed. ASSEMBLY. In the Assembly the following Senate bills were concurred in: To provide for stereotyping the reports of the Supreme Court; to amend the charter of Green Bay.... The joint resolution in favor of an income tax was adopted.... The consideration of the bill to settle the claim of E. A. Calkins occupied considerable time, and was discussed at length. It was finally ordered engrossed for a third reading.... The bill to appropriate $15,000 to the Milwaukee Home for the Friendless was considered and ordered to a third reading by a strong vote.... Bills indefinitely postponed: Relating to town insurance companies; to amend charter of the Keshena Improvement Company; to legalize the proceedings of the Farmers' Fire Insurance Company; to amend the laws relating to town insurance companies; to authorize town insurance companies to insure real and personal property in adjoining counties; to repeal the laws relating to the township system of school government; to provide for licensing surveyors in the State; relating to the preservation of game; to repeal chapter 95 of the act of 1871, relating to slaughter houses; to repeal chapter 246 of the law of 1876, relating to highways and bridges; to provide for the appointment of a commission to prepare a law for the incorporation of cities; to appropriate money to the Home of the Friendless; to exempt Clark county from the operation of chapter 55, laws of 1866, relating to the publication of delinquent tax-lists; to appropriate money to St. Luke's Hospital, at Racine. Adjourned till 7:30 o'clock this evening.... The attention of the Assembly this evening was devoted to the bill granting divorce where husband or wife have been incurably insane for the space of eight years immediately preceding the commencement of action for divorce. Mr. Wall read a long report from the committee favoring indefinite postponement. Messrs. Pope and Carter spoke at length in favor of the bill. After further discussion, the bill was indefinitely postponed. THURSDAY, March 7.--SENATE. The following Assembly bills were concurred in: Amending the city charter of Neenah; amending the city charter of Kenosha; amending the act incorporating the Nashotah Home; relative to the election of Trustees; relative to Sheriffs' fees; relative to city printing in Milawukee.... The bill reported by the Committee on Banks, Finance, and Insurance, providing for a separate Department of Insurance and providing for the appointment of an Insurance Commissioner by the Governor, came up on its third reading. After discussion the bill was recomitted to the Committee on Banks, Finance, and Insurance.... The County Insane Hospital bill came up as the special order. It was engrossed and read a third time. The Senate bill relating to publication and sale of reports of the geological survey was passed.... The bill authorizing the State Board of Health to make its annual report, and publish 8,000 copies thereof, was passed.... This afternoon the Senate had a session, and killed the bill restoring capital punishment, by a vote of 14 to 15.... The bill amending the Liquor law, making it a criminal offense for saloon-keepers to sell liquor to minors, was killed. ASSEMBLY. Senate bills were passed: Appropriating $15,000 to the Milwaukee Industrial School for Girls; to authorize the appointment of a phonographic reporter for the Circuit Court in Calumet county; for protecting the State Capitol against fire, and to supply water for the use of the Capitol and park; for the removal of civil actions in certain cases; to amend the Revised Statutes in relation to county officers; to amend an act providing for a loan of trust funds to Wood county; to author-