22145. Exchange Bank of Blaine (Blaine, WA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 18, 1908
Location
Blaine, Washington (48.994, -122.747)

Metadata

Model
gpt-5-mini
Short Digest
8592f6b8

Response Measures

None

Description

Articles (Jan 24–Feb 8, 1908) report the Exchange Bank of Blaine closed/suspended in mid‑January 1908, a cashier (O. C. Mathis/Mathias) absconded and a receiver (Whitcomb) opened the safe finding only about $80 of ~$10,000 deposits. No run is described; a receiver was appointed and the bank is described as defunct, so classified as suspension leading to closure. Bank charter/type not specified in articles.

Events (3)
1. January 18, 1908 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Cashier O. C. Mathis/Mathias absconded; shortage of funds (only $80 found of about $10,000 in deposits) led to suspension.
Newspaper Excerpt
The Exchange bank of Blaine has closed its doors.
Source
newspapers
2. January 25, 1908 Receivership
Newspaper Excerpt
absconding cashier of the defunct Exchange Bank of Blaine, which suspended a week ago, was arrested ... Receiver Whitcomb succeeded in opening the safe ... and found $80.30, representing $10,000 in deposits.
Source
newspapers
3. February 8, 1908 Other
Newspaper Excerpt
Walter B. Whitcomb, receiver for the Exchange Bank of Blaine, which recently failed, filed his report in the federal court ... the assets amount to $6,845.13.
Source
newspapers

Newspaper Articles (9)
1. January 24, 1908 Camas Prairie Chronicle Cottonwood, ID
Article from Camas Prairie Chronicle, January 24, 1908

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NORTHWEST STATES WASHINGTON, IDAHO, OREGON AND MONTANA ITEMS. A Few Interesting Items Gathered From Our Erichanges of the Sur rounding Country-Numerous Accldents and Personal Events Take Place-Crop Outlook is Good. WASHINGTON NOTES. It is reported R. A. Ballinger of Seattle has resigned as comissioner of the general land office at Washington, D. C., and will return to this state so that he may make the race for the republican nomination for governor. A full grown cougar has made its appearance in the vicinity of the Lewis Cochran farm, six miles northeast of Colfax, and is terrorizing the people of that community. After deliberating about two hours the jury in the Gertie Griffin murder trial at Ritzville returned a verdict of not guilty. The Spokane high school debating team Friday night outpointed the Wenatchee high school team in the state interscholastic contest. Graduates of the Spokane high school who have completed the four years' course satisfactorily will in the future be permitted to enter the Armour Institute of Technology without first taking the examinations. John Haff of the cruiser St. Louis is dead at Vallejo, Cal., from the effects of drinking wood alcohol. Haff is the third sailor to succumb, two others are totally blind, and five others will never again be fit for active service. As a result of the tong war being waged in San Francisco, Lung Chow was fatally shot recently. Two assassins attempted to kill Jung Dang, whose life was sought, but the bullets went wild and killed Lung Chow. The new cruiser California went to sea from San Francisco recently for her final trial. The navy trial board was on board and it is intended to keep the cruiser at hard work for two days before an official opinion is formed. China has just placed an important rush order for quick firing guns in Paris. John I. Handley, supreme vice president of the Fraternal Union of America, died Friday at his home in Denver, Co., of appendicitis. Police Inspector Edward S. Whitaker of New Orleans, who, accompanied by five men, recently attempted to kill the editor of the World, has been suspended, together with the men who accompanied him to the newspaper office. Rev. Herbert S. Bigelow, in a sermon in the Congregational church at Cincinnati last Sunday, argued that it was not wicked to play ball on Sunday, and stated that if he were mayor he would not try to enforce the law against Sunday ball playing. The New York police and private detectives have been asked to look for Horace W. Randall, vice president of the Hoquiam Lumber company of Hoquiam, Wash., who went there several weeks ago to visit friends, and seems to have mysteriously disappeared. 1 Work has been started on the new steel bridge crossing the Methow river at Pateros, 30 miles below d Twisp. Henry Brook, a Spokane pioneer, died on the steamship Roanoke on the Columiba river, January 16, while on his way to California. First chloroforming A. C. Finley, who was asleep in his room upstairs, two yeggmen recently dynamited the safe in the J. C. Calder general merchandise store at Silver Beach, a suburb of Bellingham, and escaped with $253 in cash and checks. After a five year lease of state land has been once renewed for a similar period, no more renewals are permisà sible, under the law, according to an d opinion rendered to the state land commissioner by the attorney general. 11 The Exchange bank of Blaine has closed its doors. 4 Tacoma jobbers of feed announce n a reduction of 1 a ton in the price of n oats and alfalfa and timothy hay. Oats of are now quoted at $30 and $31 a ton h and alfalfa at $14 and $15 and timothy at $24. e The problem of the unemployed has already begun to trouble the public authorities in Seattle. The board of health unanimously adopted a resolution that hereafter no city will De permitted to empty sewis age into any body of water or stream used for drinking pourposes by other

2. January 24, 1908 The Kendrick Gazette Kendrick, ID
Article from The Kendrick Gazette, January 24, 1908

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NORTHWEST NEWS ITEMS PRESS CULLINGS FOR OUR BUSY READERS ABOUT PEOPLE IN MONTANA, IDAHO, WASHINGTON AND OREGON. WASHINGTON NOTES. It is reported R. A. Ballinger of Seattle has resigned as comissioner of the general land office at Washington, D. C., and will return to this state SO that he may make the race for the republican nomination for governor. A full grown cougar has made its appearance in the vicinity of the Lewis Cochran farm, six miles northeast of Colfax, and is terrorizing the people of that community. After deliberating about two hours the jury in the Gertie Griffin murder trial at Ritzville returned a verdict of not guilty. The Spokane high school debating team Friday night outpointed the Wenatchee high school team in the state interscholastic contest. Graduates of the Spokane high school who have completed the four years' course satisfactorily will in the future be permitted to enter the Armour Institute of Technology without first taking the examinations. John Haff of the cruiser St. Louis is dead at Vallejo, Cal., from the effects of drinking wood alcohol. Haff is the third sailor to succumb, two others are totally blind, and five others will never again be fit for active service. As a result of the tong war being waged in San Francisco, Lung Chow was fatally shot recently. Two assassins attempted to kill Jung Dang, whose life was sought, but the bullets went wild and killed Lung Chow. The new cruiser California went to sea from San Francisco recently for her final trial. The navy trial board was on board and it is intended to keep the cruiser at hard work for two days before an official opinion is formed. J. J. O'Connor of Wenatchee drove the first team and rig across the big Columbia river bridge at Wenatchee. It consisted of a sleighload of people, among whom was Judge R. S. Steiner of Waterville. George Lucas, a well known pioneer of central Washington, died at Cheney Saturday night. He located on Cow creek, southeast of Ritzville, 50 years ago, and resided there until four years ago. Richard David Harrington, aged 82, died at the hospital at Fort Steilacoom recently, where he had been since his health failed some two years ago. Mr. Harrington had lived 67 years of his life on the Pacific coast. At the annual meeting of the State Bee Keepers' association at North Yakima recently, H. H. Cole was elected president; L. R. Freeman, secretary; August Sipp, treasurer, and Jesse W. Thornton, vice president. The recent assessors' convention was the most important gathering of assessors in the history of the state. It records the first determined step toward a uniform taxation system for the entire state. An increase in the jobbing business of Walla Walla for the year 1907 over 1906 amounting to 25 or 30 per cent is reported. The plant of the suspended morning edition of the Seattle Times has been bought by R. F. Radebaugh of Tacoma, who will take it to that place. a The body of Lillian Pratt, aged 22, who mysteriously disappeared from her home in Tacoma on May 27 last, was found in a dense thicket on the outskirts of the city recently by a surveying crew. The New York police and private detectives have been asked to look for Horace W. Randall, vice president of the Hoquiam Lumber company of Hoquiam, Wash., who went there several weeks ago to visit friends, and seems to have mysteriously disappeared. Henry Brook, a Spokane pioneer, died on the steamship Roanoke on the Columiba river, January 16, while on his way to California. First chloroforming A. C. Finley, who was asleep in his room upstairs, two yeggmen recently dynamited the safe in the J. C. Calder general merchandise store at Silver Beach, a suburb of Bellingham, and escaped with $253 in cash and checks. After a five year lease of state land has been once renewed for a similar period, no more renewals are permissible, under the law, according to an opinion rendered to the state land commissioner by the attorney general. The Exchange bank of Blaine has closed its doors. The problem of the unemployed has already begun to trouble the public authorities in Seattle. Tacoma jobbers of feed announce a reduction of 1 a ton in the price of oats and alfalfa and timothy hay. Oats are now quoted at $30 and $31 a ton and alfalfa at $14 and $15 and timothy at $24. The board of health unanimously De adopted city will a resolution permitte that hereafter no

3. January 25, 1908 Bonners Ferry Herald Bonners Ferry, ID
Article from Bonners Ferry Herald, January 25, 1908

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Article Text

It is reported R. A. Ballinger of Seattle has resigned as comissioner of the general land office at Washington, D. C., and will return to this state so that he may make the race for the republican nomination for governor. A full grown cougar has made its appearance in the vicinity of the Lewis Cochran farm, six miles northeast of Colfax, and is terrorizing the people of that community. After deliberating about two hours the jury in the Gertie Griffin murder trial at Ritzville returned a verdict of not guilty. The Spokane high school debating team Friday night outpointed the Wenatchee high school team in the state interscholastic contest. Graduates of the Spokane high school who have completed the four years' course satisfactorily will in the future be permitted to enter the Armour Institute of Technology without first taking the examinations. John Haff of the cruiser St. Louis is dead at Vallejo, Cal., from the effects of drinking wood alcohol. Haff is the third sailor to succumb, two others are totally blind, and five others will never again be fit for active service. As a result of the tong war being waged in San Francisco, Lung Chow was fatally shot recently. Two assassins attempted to kill Jung Dang, whose life was sought, but the bullets went wild and killed Lung Chow. The new cruiser California went to sea from San Francisco recently for her final trial. The navy trial board was on board and it is intended to keep the cruiser at hard work for two days before an official opinion is formed. J. J. O'Connor of Wenatchee drove the first team and rig across the big Columbia river bridge at Wenatchee. It consisted of a sleighload of people, among whom was Judge R. S. Steiner of Waterville. George Lucas, a well known pioneer of central Washington, died at Cheney Saturday night. He located on Cow creek, southeast of Ritzville, 50 years ago, and resided there until four years ago. Richard David Harrington, aged 82, died at the hospital at Fort Steila coom recently, where he had been since his health failed some two years ago. Mr. Harrington had lived 67 years of his life on the Pacific coast. At the annual meeting of the State Bee Keepers' association at North Yakima recently, H. H. Cole was elected president; L. R. Freeman, secretary; August Sipp, treasurer, and Jesse W. Thornton, vice president. The recent assessors' convention was the most important gathering of assessors in the history of the state. It records the first determined step toward a uniform taxation system for the entire state. An increase in the jobbing business of Walla Walla for the year 1907 over 1906 amounting to 25 or 30 per cent is reported. The plant of the suspended morning edition of the Seattle/Times has been bought by R. F. Radebaugh of Tacoma, who will take it to that place. The body of Lillian Pratt, aged 22. who mysteriously disappeared from her home in Tacoma on May 27 last, was found in a dense thicket on the outskirts of the city recently by a surveying crew. The New York police and private detectives have been asked to look for Horace W. Randall, vice president of the Hoquiam Lumber company of Hoquiam, Wash., who went there several weeks ago to visit friends, and seems to have mysteriously disappeared. Henry Brook, a Spokane pioneer, died on the steamship Roanoke on the Columiba river, January 16, while on his way to California. First chloroforming A. C. Finley, who was asleep in his room upstairs, two yeggmen recently dynamited the safe in the J. C. Calder general merchandise store at Silver Beach, a suburb of Bellingham, and escaped with $253 in cash and checks. After a five year lease of state land has been once renewed for a similar period, no more renewals are permissible, under the law, according to an opinion rendered to the state land commissioner by the attorney general. The Exchange bank of Blaine has closed its doors. The problem of the unemployed has already begun to trouble the public authorities in Seattle. Tacoma jobbers of feed announce a reduction of 1 a ton in the price of oats and alfalfa and timothy hay. Oats are now quoted at $30 and $31 a ton and alfalfa at $14 and $15 and timothy at $24. The board of health unanimously adopted a resolution that hereafter no

4. January 25, 1908 Lewiston Evening Teller Lewiston, ID
Article from Lewiston Evening Teller, January 25, 1908

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SAFE HELD THIRTY CENTS BELLINGHAM, Jan. 25.-0. C. Mathias, absconding cashier of the defunct Exchange Bank of Blaine, which suspended a week ago, was arrested today at Ashcroft, B. C. He will return without the formality of extradition. Receiver Whitcomb has succeeded in opening the safe, on the inside of the vault last night, and found $80.30, representing $10,00 in deposits.

5. January 26, 1908 The Salt Lake Herald Salt Lake City, UT
Article from The Salt Lake Herald, January 26, 1908

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CASHIER CAPTURED. Bellingham, Wash.. Jan. 2.5-O. C. Mathis, absconding cashier of the defunct Exchange bank of Blaine, Wash.. which suspended a week ago. was arrested this morning in Ashcroft, B. C. He agrees to waive extradition and return and try to straighten out the bank's affairs. Receiver Whitcomb succeeded in opening the safe inside the vault last eight. and found $80.30, all the cash representing $10,000 in deposits.

6. January 26, 1908 Los Angeles Herald Los Angeles, CA
Article from Los Angeles Herald, January 26, 1908

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BANK FAILS, $80.30 ALL THAT IS LEFT OF $10,000 Absconding Cashier Is Arrested and Agrees to Return and Straighten Out Depositors' Af. fairs By Associated Press. BELLINGHAM, Wash., Jan. 25. -0. C. Mathis, absconding cashier of the defunct Exchange bank of Blaine, Washington, which suspended a week ago, was arrested this morning in Ashcroft. B. C. He agrees to waive extradition and' try to straighten out the bank's affairs. Receiver Whitcomb succeeded in opening the safe inside the vault last night and found $80.30, all the cash representing $10,000 in deposits.

7. January 26, 1908 Arizona Republican Phoenix, AZ
Article from Arizona Republican, January 26, 1908

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CASHIER CAUGHT. He Wants to Return and Help Straighten the Tangle. Bellingham, Wash., Jan. 25.-0. C. Mathis, the absconding cashier of the defunct Exchange Bank of Blaine, which/suspended a week ago, was arrested this morning in Ashcroft, Canada. He agrees to waive extradition and to try to straighten out the bank's affairs. Receiver Whitcomb succeeded in opening the safe inside the vault last night and found $80, all the cash representing $10,000 in deposits.

8. February 6, 1908 The Idaho Recorder Salmon, ID
Article from The Idaho Recorder, February 6, 1908

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NORTHWEST NOTES W. B. Wolcott, aged 40, a railway engineer, was beaten and robbed by an unknown mulatto in the red-light district of Butte and has since died from his wounds. Sam Davis. an officer at McGill, Nevada, was shot and seriously injured by a Greek who was resisting arrest. The Greek was later shot by a member of a posse, and died from his wounds. Auditorium plans accepted last week by the Democratic national committee on arrangements for the national convention to be held in Denver, provide for seats for 14,000 persons in the convention hall. A resolution was passed by the house on the 22nd requesting the president to submit to congress a copy of the report of the special commission sent by him to investigate the labor troubles at Goldfield. About 3,000 unemployed men marched to the mayor's office in Seattle one day last week to ask for work. Most of them are lumbermen who have been driven to the city by the closing of mills and camps. By a vote of 178 to 116, the annual convention of the Colorado Horse & Cattle Growers' association, in session pesoddo se recerd uo mett Denner, III to the federal administration's policy of public land control. Francis J. Heney, in an interview in Portland, declares that land frauds are being perpetrated in Oregon today as of yore, only that the prosecution of the land grafters has made them more careful in their operations. It is stated by the committee of lo cal bankers having charge of the bank ing operations of the Portland banks during the recent depression, that all of the $1,000,000 of clearing house certificates issued during that time have been redeemed. C. Mathis, absconding cashier of the defunct Exchange bank of Blaine, Washington, which suspended two weeks ago, has been arrested in Ash croft, B. C. He agrees to waive ex. tradition and return and try to straighten out the bank's affairs. The verdict of the coroner's inquest over the remains of Mrs. Fred Sluter and her four children whose charred bodies were found in the ruins of their little ranch home on the Musselshell, in Montana, recommends that Ole Nordell be held for the crime. Very strong evidence against him has been found. Former United States Commissioner H. H. Hendricks, of Portland, last week pleaded guilty to his share in the alleged illegal fencing of land in the Butte Creek Livestock, Land and Lum ber company. This is believed to be preliminary to like pleadings on the part of other persons connected with the land case. All Western Pacific construction work between the California-Nevada line and Palisade, Nev., has been stopped temporarily on account of shortage of funds. About 200 men have been thrown out of work. The contractors having charge of this work state that work will be resumed by February 10. In connection with the murder and partial incineration of Mrs. Fred Schleuter and her four children at their ranch near Flat Willow, Montana, a rancher named Nordell has been arrested. He lives two miles from the scene of the crime. It is said he was in love with Mrs. Schleuter's 15-yearPIO The Mine Operators' association has abolished the card system, which requires all employes to sign an agreement renouncing the Western Federation of Miners, and declared an open shop policy. This action was because of the fact that the agreement which III SI usis 03 reberted area used am conflict with the statutes of Nevada. Jewelry, heirlooms and costly clothing to the value of $4,000 were stolen trom the home of James Douglas in Portland, last week. Included among the stolen articles were the sword and jeweled belt given to Sir James Doug las, grandfather of Mr. Douglas. by Queen Victoria, when Sir James Doug las became first governor of British Columbia. The senate judiciary committee has favorably reported the bill of Senator Clark, Wyoming, increasing the fees of witnesses and jurors in the United States courts and before commission mille THE Aup red 8$ 01 counts, 319 age at 15 cents per mile by stage and 5 cents by rail in Montana, Wyoming Utah. Oregon, Colorado, Nevada, Ida ho, New Mexico and Arizona. As a result of correspondence which has passed between President Roose velt, Clifford Pinchot and western lawmakers, following suggestions oi J. A. McGuire, editor of the Outdoor rung ue req. s1 11 'ajri preserve will be established by the government on the Mapiti fork*of the North fork of the Shoshone river in Wyoming. Henrietta M. Johnson was run down and killed in Seattle by an automobile driven by Guy C. Stratton. secretary of the Acme Shingle company. J.F

9. February 8, 1908 The Seattle Star Seattle, WA
Article from The Seattle Star, February 8, 1908

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FILES REPORT. Walter B. Whitcomb, receiver for the Exchange Bank of Blaine, which recently failed, filed his report in the federal court yesterday afternoon. The report shows that the assets amount to $6,845.13.