21370. Japanese-American Bank (Ogden, UT)

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: October 20, 1909
Location: Ogden, Utah (41.223, -111.974)

Metadata

Model: gpt-5-mini
Short Digest: 3eb01f54

Response Measures

None

Description

Court-appointed receiver took possession after depositor's complaint alleging insolvency. No explicit run or depositor crowding described in the articles; the bank was liquidated under a receiver (per notices), so this is a suspension that ended in closure/receivership.

Events (3)

1. October 20, 1909 Receivership

Newspaper Excerpt: Judge Howell appointed W. D. Brown as receiver, with a bond fixed at 25,000, which was furnished by the Guaranty Trust company of New York ... Receiver Brown immediately took possession of the affairs of the bank. (The Ogden Standard, 1909-10-20). RECEIVER APPOINTED FOR JAPANESE BANK ... W. D. Brown, who received the appointment as receiver, presented a copy of Judge Howell's order to C. A. Glazier, state bank examiner. (Salt Lake Tribune, 1909-10-21).Notice ... has been appointed, and thereupon duly qualified as such ... and is proceeding to liquidate the affairs of said bank. (Notices, Nov 22 & Nov 24, 1909).
Source: newspapers

2. October 20, 1909 Suspension

Cause: Government Action
Cause Details: Court appointment of a receiver following depositor B. T. Nishimura's complaint alleging insolvency and refusal to pay withdrawals; judge appointed W. D. Brown to take charge.
Newspaper Excerpt: As a sequel to the closing of the Japanese-American banks in Los Angeles and San Francisco, a receiver has been appointed for the Ogden branch of the bank.
Source: newspapers

3. November 22, 1909 Other

Newspaper Excerpt: Notice ... has been appointed ... as receiver ... and is proceeding to liquidate the affairs of said bank. All creditors ... required to present their properly verified claims ... on or before March 1st, 1910. W. D. BROWN, Receiver Japanese-American Bank, a corporation. Dated: Ogden, Utah, November 22, 1909. C. R. Hollingsworth, Attorney for Receiver. (Ogden Standard, 1909-11-22).
Source: newspapers

Newspaper Articles (10)

1. October 20, 1909 The Ogden Standard Ogden, UT

Article from The Ogden Standard, October 20, 1909

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RECEIVER IS NAMED FOR BANK W. D. BROWN IN CHARGE OF JAP. ANESE-AMERICAN INSTITUTION. Claim is Made by One of the Depositors That the Bank is Insolvent. As a sequel to the closing of the Japanese-American banks in Los Angeles and San Francisco, a receiver has been appointed for the Ogden branch of the bank. The application for a receiver was made by B. T. Nishimura, who alleges he is one of the creditors at the institution. Acting upon the application, Judge Howell appointed W. D. Brown as receiver, with a bond fixed at 25,000, which was furnished by the Guaranty Trust company of New York through its local agent. Receiver Brown immediately took possession of the affairs of the bank. In the complaint filed with the clerk of the district court by B. T. Nishimura, through his attorney, he alleged that the Japanese-American bank, with offices in Los Angeles and San Francisco, California, had a branch at No. 279 Twenty-fourth street in Ogden. He further alleged that he had the sum of $212 on deposit at the local institution. and that he believed that the institution is insolvent and unable to pay, and that $40,000 was due to depositors in Ogden and other places in the state of Utah. He further asked that a receiver be appointed to conduct the affairs of the bank. Upon this application and the filing of the necessary bond of $250 on the undertaking Judge Howell appointed W. D. Brown as the receiver and with an order directing C. A. Glazier, the state bank examiner, to turn over all the property and assets of the said bank to Brown. The transfer of the bank's property was made from the state official to the receiver this afternoon.

2. October 21, 1909 The Salt Lake Tribune Salt Lake City, UT

Article from The Salt Lake Tribune, October 21, 1909

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RECEIVER APPOINTED FOR JAPANESE BANK Institution Said to Be in Bad Financial Condition. Special to The Tribune. OGDEN. Oct. 20.-Upon the petition. affidavit and complaint of B. F. Nishimura, a depositor of the Japanese-American bank of this city, a receiver was appointed to take charge of the affairs of the institution by District Judge Howell today. W. D. Brown, who received the appointment as receiver, presented a copy of Judge Howell's order to C. A. Glazier, state bank examiner. who was sent here yesterday by Gov. Spry to take charge of the affairs of the bank, but the bank examiner reflised to turn over the affairs of the institution to the receiver. The latter made a report to District Judge Howell, who immediately issued an order requiring Glazier to appear in court and show cause why he should not be punished for contempt. Pursuant to this order Mr. Glazier made his appearance this afternoon and was relieved of the custody of the bank's affairs and W. D. Brown, the receiver. put in charge. In his complaint Nishimura says that he has $212 on deposit in the bank. That a check for this amount was presented yesterday. but the bank refused to cash 11. He alleges that there is about $40.000 due depositors by the bank and that only about $1000 is in possession of the institution with which to pay its depositors. Mr. Brown was named as receiver after a bond furnished by a guaranty company for $25,000 had been approved by the court. It had been supposed here that the condition of the local bank would not be affected by the closing of the two other branches of the Japanese-American bank in Los Angeles and San Francisco, but the complaint of Nishimuro filed today indicates that the local concern is in a bad financial condition also.

3. November 22, 1909 The Ogden Standard Ogden, UT

Article from The Ogden Standard, November 22, 1909

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NOTICE. In the District Court of the Second Judicial District of the State of Utah, in and for the County of Weber. B T. Nishimura, Plaintiff, vs. Jap anese-American Bank, a corporation, defendant. Notice is hereby given that the undersigned has been appointed. and thereupon duly qualified as such, by the above entitled court as receiver in the above entitled action, of all the property, books, credits, loans and discounts, money and effects of the defendant as connected with Its bank heretofore maintained and conducted at No. 279 24th Street in Ogden City, Utah, and Is proceeding to liquidate the affairs of said bank. All creditors of said bank are here. by notified and required to present their properly verified claims against said bank, supported by proper vouch. ers such as receipts, certificates of deposit or pass book to the undersigned at his office, rooms 319-320 First National Bank Building, or to him at the office of his Attorney, Room 303 Eccles Building, Ogden City, Utah, on or bofore March 1st, 1910| W. D. BROWN. Receiver Japanese-American Bank, a corporation. Dated: Ogden, Utah, November 22, 1909. C. R. Hollingsworth, Attorney for Receiver.

4. November 24, 1909 The Ogden Standard Ogden, UT

Article from The Ogden Standard, November 24, 1909

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NOTICE. In the District Court of the Second Judicial District of the State of Utah, in and for the County of Weber. B T. Nishimura, Plaintiff, VS. Japanese-American Bank, a corporation, defendant. Notice is hereby given that the undersigned has been appointed, and thereupon duly qualified as such, by the above entitled court as receiver in the above entitled action, of all 0: the property, books, credits, loans and discounts, money and effects of the defendant as connected with its bank heretofore maintained and conducted at No. 279 24th Street in Ogden City, Utah, and Is proceeding to liquidate the affairs of said bank. All creditors of said bank are here. by notified and required to present their properly verified claims against said bank, supported by proper vouchers such as receipts, certificates of deposit or pass book to the undersigned at his office, rooms 319-320 First National Bank Building, or to him at the office of his Attorney, Room 303 Eccles Building, Ogden City, Utah, on or bofore March 1st, 1910| W. D. BROWN, Receiver Japanese-American Bank, a corporation. Dated: Ogden, Utah, November 22, 1909. C. R. Hollingsworth, Attorney for Receiver.

5. December 9, 1909 The Ogden Standard Ogden, UT

Article from The Ogden Standard, December 9, 1909

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6. March 7, 1910 Deseret Evening News Salt Lake City, UT

Article from Deseret Evening News, March 7, 1910

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SUIT ON NOTES. OGDEN, March 7.-An action to collect four promissory notes has been instituted in the district court by W. D. Brown, receiver of the defunct Japanese-Amerjcan bank, against E. D. Hashimoto and S. Ichimura, two prominent Japanese merchants. The notes made by Ichimura amount to $1.100, while those of Hashimoto are for $275.

7. March 8, 1910 The Ogden Standard Ogden, UT

Article from The Ogden Standard, March 8, 1910

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# COUNTY TREASURER # FILES AN ANSWER County Treasurer Alma D. Chambers yesterday filed an answer in the case of W. D. Brown, receiver for the defunct Japanese-American bank, which failed here sometime ago, in the complaint against him, alleging that the county assessment on the bank was far in excess of what it should be, and asked that the case be quashed. Mr. Chambers claims in answer to the complaint that while the assessment may have been too high, it was all the fault of the bank officials, as on several occasions the assessor's office had asked for a statement which had not been forthcoming, so that the assessment for last year was made up from that of the year previous.

8. July 12, 1910 The Ogden Standard Ogden, UT

Article from The Ogden Standard, July 12, 1910

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Ogden Steam Laundry Co. LAUNDERERS. CLEANERS AND DYERS. 437 25th Street Phones 174. LEGAL NOTICE. In the District Court of the Second Judicial District of the State of Utah in and for the County of Weber. B. T. Nishimura, Plaintiff, VS. Jap. anese-American Bank, a corporation, Defendant. Notice is hereby given that the second report of W. D. Brown, Receiver in the above entitled matter, on file herein. and upon the petition of said Receiver as contained in said report praying that this Court make and enter its order and deeree-(1) confirming the sale of certain articles of furniture and fixtures: (2) finding that due and legal notice to all the creditors of said defendant has been given and that the same is establish ed of record: (3) approving the claims of the creditors against the said defendant as filed with and approved by the said Receiver, and establishing such claims as the defendant's liabilities in so far as its banking business conducted at Orden City, Utah, prior to October 18th. 1909, is concerned: (4) approving the action of the Receiver in instituting and prosecuting certain actions in said report referred to, and authorizing such Receiver to institute from time to time such other actions as may be found necessary; (5) approving and conall firming the said Receiver the disbursements as shown in made his said by report; (6) fixing. allowing and ordering paid from the funds now in the possession of such Receiver a reasonable amount to apply on the compensation of such Receiver and a reasonable amount to apply on account of the said Receiver's attorney's fees; and for such other and further instructions and orders in the premises as may be meet and proper. has been set for hearing and will be heard on Saturday, the 23rd day of July, 1910, at 9:30 o'clock. a. m., at the Court Room of said court in the County Court House in Ogden City, Utah. WITNESS my hand and the seal of said court hereunto affixed this, the 12th day of July, 1910. (SEAL) S. G. DYE, Clerk.

9. July 13, 1910 The Ogden Standard Ogden, UT

Article from The Ogden Standard, July 13, 1910

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NOTICE. In the District Court of the Second Judicial District of the State of Utah in and for the County of Weber. B. T. Nishimura, Plaintiff, vs. Japanese-American Bank, a corporation, Defendant Notice is hereby given that the second report of W. D. Brown, Receiver in the above entitled matter, on file herein, and upon the petition of said Receiver as contained in said report praying that this Court make and enter its order and decree-(1) confirming the sale of certain articles of furniture and fixtures: (2) finding that due and legal notice to all the creditors of said defendant has been given and that the same is established of record: (3) approving the claims of the creditors against the said defendant as filed with and approved by the said Receiver, and establishing such claims as the defendant's liabilItles in SO far as its banking business conducted at Ogden City, Utah, prior to October 18th, 1909, is concerned; (4) approving the action of the Receiver In instituting and prosecuting certain actions in said report referred to, and authorizing such Receiver to Institute from time to time such other actions as may be found necessary: (5) approving and confirming all the disbursements made by the said Receiver as shown in his said report: (6) fixing, allowing and ordering paid from the funds now in the possession of such Receiver a reasonable amount to apply on the compensation of such Receiver and a reasonable amount to apply on account of the said Receiver's attorney's fees: and for such other and further instructions and orders in the premises as may be meet and proper. has been set for hearing and will be heard on Saturday, the 23rd day of July, 1910, at 9:30 o'clock, a. m., at the Court Room of said court in the Utab. County Court House in Ogden City, WITNESS my hand and the seal of said court hereunto affixed this, the 12th day of July, 1910. (SEAL) S. G. DYE. Clerk

10. July 22, 1910 The Ogden Standard Ogden, UT

Article from The Ogden Standard, July 22, 1910

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NOTICE. In the District Court of the Second Judicial District of the State of Utah in and for the County of Weber B. T. Nishimura, Plaintiff, vs. Japanese-American Bank a corporation, Defendant Notice is hereby given that the second report of W. D. Brown, Receiver in the above entitled matter, on file herein, and upon the petition of said Receiver as contained in said report praying that this Court make and enter its order and decree-(1) confirming the sale of certain articles of furniture and fixtures; (2) finding that due and legal notice to all the creditors of said defendant has been given and that the same is established of record; (3) approving the claims of the creditors against the said defendant as filed with and approved by the said Receiver, and establishing such claims as the defendant's liabilitles in so far as its banking business conducted at Ogden City, Utah, prior to October 18th, 1909 is concerned: (4) approving the action of the Receiver in instituting and prosecuting certain actions in said report referred to, and authorizing such Receiver to institute from time to time such other actions as may be found necessary: (5) approving and confirming all the disbursements made by the said Receiver as shown in his said report; (6) fixing, allowing and ordering paid from the funds now in the possession of such Receiver a reasonable amount to apply on the compensation of such Receiver and a reasonable amount to apply on account of the said Receiver's attorney's fees; and for such other and further instructions and orders in the premises as may be meet and proper, has been set for hearing and will be heard on Saturday, the 23rd day of July, 1910, at 9:30 o'clock, a. m., at the Court Room of said court in the County Court House in Ogden City, Utah. WITNESS my hand and the seal of said court hereunto affixed this, the 12th day of July, 1910. (SEAL) S. G. DYE, Clerk.