22220. Bank of Kent (Kent, WA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
September 1, 1900*
Location
Kent, Washington (47.381, -122.235)

Metadata

Model
gpt-5-mini
Short Digest
e275db33

Response Measures

None

Description

Articles show the Bank of Kent was placed in receivership (receiver selling assets) and a court-ordered distribution of 20% of claims in 1901. No newspaper text describes a depositor run. Therefore this is a suspension leading to permanent closure/receivership. Bank type not specified in articles.

Events (3)

1. September 1, 1900* Suspension
Cause Details
Article indicates a receiver was appointed and assets being sold; no run or specific cause reported.
Newspaper Excerpt
The receiver of the Bank of Kent has been ordered to sell a lot in Kent...
Source
newspapers
2. September 13, 1900 Receivership
Newspaper Excerpt
The receiver of the Bank of Kent has been ordered to sell a lot in Kent to Fred Zhinden for ... (Seattle Post-Intelligencer, 1900-09-13).
Source
newspapers
3. May 4, 1901 Other
Newspaper Excerpt
Upon receipt of the fourth report of the receiver of the Bank of Kent, Judge Tallman ordered the payment of 20 per cent. of the face value of all claims against the bank. The report shows a balance on hand of $2201.52. (The Seattle Star, 1901-05-04)
Source
newspapers

Newspaper Articles (2)

Article from The Seattle Post-Intelligencer, September 13, 1900

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Article Text

IN UPPER COURTS. Thomas Hyde, a native of England. was admitted to citizenship yesterday by Judge Jacoba, The receiver of the Bank of Kent has been or$500. dered to sell & lot in Kent to Fred Zhinden for In the federal court. the application of Ong Look and Tung Kee for writs of habeas corpus has been dismissed on motion of their attorney. The United States court of appeals listened to an guments yesterday on the matter of its jurisdiction city, in the appointment of a receiver for Alaskan propThe case of the state of Washington against Frank Lewis, Dan Oshorne and Lawrence Hart, accused of robbery, will be tried this morning in Judge Benson's department. In the federal court. sale of the schooner Laurel, which was recently libeled. has been ordered. The United States marshal will make the sale on September 24, at 10 a. m. H. Hamigan and William Sparks, incorrigible youths, were resterday committed to the reform school by Judge Benson, Burt Edgar was released on promise of good behavior. Moran Bros. have secured an order to the superior court permitting them to intervene in the case of the Paget Sound National bank against the Standard Theater Company. The case of Cate against Sengrave, for the recorery of money alleged to have been lost in gambling. went to the jury yesterday morning, and a verdict for the defendant was returned. Gideon W. M has filed a complaint for divorce from his wife. ances K. Mortey, alleging drunkenDPHR and other grounds. He has Also decured an order temporarily restraining his wife from visiting their children. Adah Shafer has applied for a divorce from Charles P. Shafer, to when whe married at Seattle in 1892. She alleges that on July 2, 1890, the defendant knocked her down and otherwise shused her, and that he deserted her the next day and has never returned. William Schulta and John Cleary, accused of burgiary. were tried yesterday morning. After wit. nesses for the state had been examined. a motion was entered that the defendants released for want of sufficient evidence to convict. The court took the case from the jury and ordered that the prisoners be allowed their freedom. C. H. Neilson, accused of burglary, was arraigned before Judge Benson yesterday. pleaded guilty, and was sentenced to the years' imprisonment. George Blayton, also scrused of burgiary, entered a piea of guilty. and received eighteen onths Neilson's sentence was made heavy because of the fact that he has already served one term of four years for the same offense. The defendants have filed an answer in the case of A. H. Smith Y3. Joshua Green and others, wherein plaintiff seeks to recover S281 alleged to be due as commission on the erection of & building. The defendants allege that Smith did not properly superintend the erection of the structure, and that his negligence cansed them great expense. They ask judgment in the sum of $2,000 and costs. W. J. McConnell has filed the complaint in an action against John A. Hilyer. He alleges that the defendant is the owner of the Sugualamie hotel. and a short time ago contracted that the plaintiff should be allowed to sell the property for $5,000. all over that figure to be commission. McConnell alleges that he arranged a sale for $6,300, but that defendant refused to allow the sale to be completed. McConnell now asks damages in the sum of $200, commission and costs.


Article from The Seattle Star, May 4, 1901

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Article Text

AT COURTHOUSE. Yesterday Rory MaeDonald filed his $38,000 bond as administrator to the estate of John MacDonald. F. N. Handy was yesterday ordered to deliver up all papers and documents pertaining to the celebrated Jordan steamboat deal. Yesterday, upon receipt of the fourth report of the receiver of the Bank of Kent, Judge Tallman ordered the payment of 20 per cent. of the face value of all claims against the bank. The report shows a balance on hand of $2201.52.