22270. First National Bank (Port Angeles, WA)

View Charter #4315 on SPMC

Bank Information

Episode Type
Run → Suspension → Closure
Bank Type
national
Bank ID
4315
Charter Number
4315
Start Date
June 26, 1893
Location
Port Angeles, Washington (48.118, -123.431)

Metadata

Model
gpt-5-mini
Short Digest
16750862

Response Measures

Full suspension, Books examined

Receivership Details

Date receivership started
1893-10-05
Date receivership terminated
1894-04-26
OCC cause of failure
Losses

Description

Multiple June 1893 dispatches report a sudden run/withdrawals that caused the First National Bank of Port Angeles to suspend (articles give June 26 as suspension date). A national examiner was assigned and a receiver appointed (Oct 1893). Comptroller later directed permanent liquidation (Dec 1893). Cause of the initial run is attributed in some reports to the general financial depression/panic and sudden large withdrawals; no single concrete misinformation event is described.

Events (9)
1. May 19, 1890 Chartered
Source
historical_nic
2. June 26, 1893 Run
Cause
Macro News
Cause Details
Sudden withdrawals by several large depositors in the context of the nationwide financial depression/panic of 1893; reports say 'from some cause a run commenced' and link to general stringency.
Measures
Officers decided to suspend temporarily when cash on hand would not hold out; bank closed after being open briefly.
Newspaper Excerpt
the suspension was caused by the sudden withdrawal of deposits by several large depositors.
Source
newspapers
3. June 26, 1893 Suspension
Cause
Macro News
Cause Details
Suspension followed the run/large withdrawals and the broader financial stringency; officers suspended payments temporarily until funds could be secured.
Newspaper Excerpt
The First National bank suspended this morning. The assets are $142,000; liabilities, $85,000.
Source
newspapers
4. June 27, 1893 Other
Newspaper Excerpt
closed its doors yesterday morning after having been open thirty minutes. Two weeks ago the deposits of the bank were $127,000 ... But from some cause a run commenced and continued until the deposits ... amounted to only about $85,000. Against this the bank announced its resources as $142,000. The bank will undoubtedly resume business in a short time.
Source
newspapers
5. October 5, 1893 Receivership
Source
historical_nic
6. October 8, 1893 Receivership
Newspaper Excerpt
Charles A. Dyer ... has been appointed receiver of the First National bank of this city.
Source
newspapers
7. December 19, 1893 Other
Newspaper Excerpt
The First National bank of Port Angeles will not reopen, but go into immediate liquidation. ... Dyer will retain his position as receiver and wind up the bank's affairs.
Source
newspapers
8. April 26, 1894 Restored To Solvency
Source
historical_nic
9. April 26, 1895 Receivership
Source
historical_nic

Newspaper Articles (23)
1. June 27, 1893 The Wichita Daily Eagle Wichita, KS
Article from The Wichita Daily Eagle, June 27, 1893

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FAILURES. MINNEAPOLIS, Minn., June 26.-The Bank of New England suspended payment Since this morning, temporarily at least. the failure of the State bank on Thursday dethere has been a steady withdrawal of posits. A. J. Blethen, the president of the bank, says that it had considerable money tied up by the Chicago failures. Every depositor, be adds, will be paid in full, of the as the stockholders i suffer instead if the bank does had cash available to the last depositors The bank not of resume. amount the $64,000 on May 4, the time and of but its liabilities were $200,000 that report, somewhat in excess of The capital stock of the is surplus, the amount. $100,000; assets $12,000; undivided bank profits, $4,000; deposits unknown. NESS CITY, Kan., June 26,-The Bank of ComNess City has been closed by Bank missioner Breidenthal, after an unsuccess- its ful attempt to raise money among its eastern stockholders to tide it over bank, present embarrassment. This had $31,300 which had a capital of $40,000, in deposits. When the bank commissioner took charge of it the cash on hand amountd to just $83.55. Mr. Breidenthal says real that the bank was loaded down with estate and bad debts. BUFFALO, N. Y. June 26.-The Queen The City bank of this city has failed. suspension is due to a drain of money bank out the bank for several weeks. The offiof owes depositors over $1,400,000. The will cers are hopeful that the bank reThe liabilities of the bank. accord- The sume. ing to the June report, are $2,323,754. assets are not known. The bank paid out all the money it had, Mr. to dimes, nickels and pennies. even Englehart, one of the directors, said that but the bank had plenty of collateral, found it impossible to realize on it in New the present financial stringency. The York banks would not let them have any The depositors will be paid In money. The state superintendent of banking an examiner here. until when he full. dent, will send recently, resigned The presi- on H. account of ill health, was William Jackson. Since his resignation the bank has been in charge of a committee of its directors. ALBANY, N. Y., June 26.-SuperintendPreston of the state banking department, ent speaking of the Queen City bank failure, said that the report of the condi- re-tion of the bank on June 1st showed sources of $2,351,600 and liabilities of $2,Reference to the amount of cash 351,600. on hand shows that it does not equal the amount of the 10 per cent legal reserve required by law. The report of the examiner for Feburary showed a nominal sur- had plus of $35,600. Poor investments considerable to do with the collapse. CHESTER, Pa., June 26. - The Crum Creek Iron and Steel company has assigned. The liabilities are estimated at $120,000 and the assets at $119,000. The sum of $40,000.is due the company from a former agent. Dullness in trade and threatened suits caused the failure. NEW YORK, June 26.Mann Bros., clothing dealers, today confessed judgment for $55,000. The attorneys for the say that the liabilities are about $300,000, half of which istor borrowed money and the other half for merchandise, The value of the assets is not known. The failure is attributed to several causes, the stringency in the money market being the principal one, as they were unable to meet notes as they mature. NEW YORK, June 26.-The supreme court this morning appointed a receiver for the Mutual Brewing company of College Point. GALLIPOLIS, O., June 26.-The Carl coal works, at Carlton, have assigned. The liabilities are $50,000, and the assets £7,000. HAMILTON, O., June 26.-Louis Snyder's Sons tonight assigned their four great paper mills at Hamilton, and their real estate and paper warehouses, with contents, in Cincinnati. The assets are over $1,000,000. The liabilities are less than $300,000. The assignment is due to the fact that they were unable to borrow $7, 000 from the banks. It is an old and well established firm. PORT ANGIERS, Wash., June 26.-The First National bank has suspended temporarily. The assets are $142,000, and the liabilities $85,000. SAN FRANCISCO, June 26.-Sands & Gump. extensive dealers in rt goods, have assigned. The liabilities are $14,000 and in the assets $100,000. The stringency money caused the failure. WILMINGTON, O., June -The Sabina bank, a private banking institution in this is county, has suspended. The capital $12,000. No statement was made. BOSTON, June xi-Forty-three banks, represented at the clearing house meeting this morning, voted unanimously in favor of clearing house certificates for payment at the clearing house.

2. June 27, 1893 The Seattle Post-Intelligencer Seattle, WA
Article from The Seattle Post-Intelligencer, June 27, 1893

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A Port Angeles Bank suspends. PORT ANGELES, June 26.-[Special.]--The First National bank suspended this morning. The assets are $142,000; liabilities, $85,000. Col. W. W. Gray is president and c. P. Brown cashier. The suspension will be for only a few days and depositors will lose nothing.

3. June 27, 1893 The Daily Morning Astorian Astoria, OR
Article from The Daily Morning Astorian, June 27, 1893

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paid the Illinois corporation known as the World's Columbian Exposition. FAILURES OF A DAY. Banks and Business Houses Suspend and Others Resume Business. Port Angeles, Wash., June 26.-The First National Bank of this city suspended shortly after opening its doors this morning. The suspension was caused by the sudden withdrawal of deposits by several large depositors. The officers of the bank saw that the cash on hand would not hold out, so they decided to suspend temporarily until funds could be secured. The assets of the bank are $142,000; liabilities, $86, 000; due depositors, $82,000. The bank has been conducted on very conservative lines, and is in good condition. The suspension caused no excitement, and confidence in an early resumption is expressed by all parties. The suspension will only cause a temporary embarrassment to a few. Buffalo, June 26.--The Queen City Bank has failed. The bank suffered a steady drain for the past several weeks. After paying out all its available cash, even to dimes, nickels and pennies, the officers this morning walked out and closed the doors. It owes the depositors over $140,000. The management claim the depositors will be paid in full. San Francisco, June 26.-The firm of S. &. G. Gump, extensive dealers in art goods, made an assignment today. The liabilities are placed at $140,000. The assets of the firm are supposed to exceed this amount. The cause of the failure is attributed to the calling in of loans. Minneapolis, June 26.-The Bank of New England has suspended payment at least temporarily. A. J. Blethen, the president, says the depositors will be paid in full. New York, June 26.-A receiver has been appointed for the Mutual Brewing Company of College Point. San Diego, June 26.-The Bank of Commerce resumed business this morn-, ing.

4. June 27, 1893 The Indianapolis Journal Indianapolis, IN
Article from The Indianapolis Journal, June 27, 1893

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Small Banks Embarrassed. TOPEKA, Kan.. June 26.-The Bank of Ness City has been closed by State Bank Commissioner Breidenthal after an unsuccessful attempt to raise money among its Eastern stockholders to tide it over its present difficulties. This bank, which haa a capital stock of $40,000, had $31,300 deposits. and when the bank commissioner took charge it had just $83.15 cash on hand. Bank Commissioner Breidenthal says the bank. was loaded down with real estate. PORT ANGELES, Wash., June 26.-The First National Bank suspended to-day temporarily. Assets. $142.00 liabilities, 885,000; due depositors, $82,000. The bank expects to resume in a short time. WILMINGTON, O.. June 26.-The Sabina Bank. a private institution of this county, has suspended. It had a capital of about $25,000. Isaac Lewis, a farmer, was president.

5. June 27, 1893 The Herald Los Angeles, CA
Article from The Herald, June 27, 1893

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A Paget Sound Bank Falls. PORT ANGELES, Wash., June 26.-The First National bank of this city suspended sbortly after the opening of its

6. June 27, 1893 The Salt Lake Herald Salt Lake City, UT
Article from The Salt Lake Herald, June 27, 1893

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A Port Angeles Bank Suspends. PORT ANGELES, Wash., June 26.-The First National bank suspended today, temporarily. Assets, $142,000. Liabilities, $85,000. There is due depositors. $82,000. The bank expects to r esume in a short time.

7. June 28, 1893 The Sun New York, NY
Article from The Sun, June 28, 1893

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Port Angeles Bank Closed. PORT ANGELES. Wash.. June 27.-The First National Bank of this city closed its doors yesterday morning after having been open thirty minutes. Two weeks ago the deposits of the bank were $127,000. and it was regarded as one of the safest in the State. But from some cause a run commenced and continued until the deposits. including county funds. amounted to only about $85,000. Against this the bank announced its resources as $142,000. The bank will undoubtedly resume business in a short time. The management have the entire con fidence of the people. WASHINGTON. June -Comptroller Eckels to-day appointed Charles A. Dyer of Port Townsend. Wash., A national bank examiner. and Assigned him to take charge of the failed First National Bank of Port Angeles. Wash.

8. June 28, 1893 New-York Tribune New York, NY
Article from New-York Tribune, June 28, 1893

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BANK TROUBLES IN VARIOUS CITIES. Buffalo, June 27 (Special).-The first failure among Buffalo banks, in the present panic, is likely to be the last Considerable anxiety was felt about the situation here before the banks opened this morning, but in not one of them were the withdrawals unusually large. The action of the Buffalo Bankers' Association in offering to issue unlimited clearinghouse loan certificates nipped in the bud the panic started by the failure of the Queen City Bank. The banks here hold combined assets of $30,000,000 and cash resources of $6,000,000. The feeling among business men here to-day is more confident than at any time iu the last three weeks. Mr. Creed, the deputy superintendent of the bank, stated this afternoon that, so far as he has proceeded with his examination of Queen City Bank affairs, he knows of no reason why it should not resume business at an early day. Los Angeles, June 27.-The Broadway Bank opened Its doors this morning. The bank commissioners say the bank ought never to have closed. The University, First National and Southern California National are still closed. They will be opened in a few days. Confidence seems restored and the business outlook is improving Ashland, Ky., June 27.-The Second National Bank of this place closed its doors this morning. It is solvent. but was forced to suspend because of inability to realize on good paper. The depositors will all get their money. Seattle. June 27.-A special from Port Angeles says: "The First National Bank, of this city, closed its doors yesterday morning, after having been open thirty minutes. Two weeks ago the deposits of the bank were $127,000, and it was regarded as one of the safest in the State. From some cause a run began and continued until the deposits, including county funds, amounted to only about $85,000. Against this the bank announced its resources as $142,000. The bank will undoubtedly resume business in a short time.

9. June 28, 1893 Deseret Evening News Salt Lake City, UT
Article from Deseret Evening News, June 28, 1893

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BANK EXAMINER APPOINTED. Comptroller Eckles today appointed Charles A. Dyer of Port Townsend, Wash., national bank examiner and assigned him to take charge of the failed First National Bank at Port Angeles, Wash.

10. June 28, 1893 The Salt Lake Herald Salt Lake City, UT
Article from The Salt Lake Herald, June 28, 1893

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Bank Examiner Appointed, WASHINGTON, June 27.-Comptroller Eckles today appointed Charles A. Dyer of Port Townsend, Wash., national bank examiner, and assigned him to take charge of the failed First National bank of Port Angeles, Wash.

11. July 7, 1893 Pullman Herald Pullman, WA
Article from Pullman Herald, July 7, 1893

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WASH INGTON. The grain crop of the state is now estimated at 20,000,000 bushels. Clarke county promiso a larger prune crop than in any previous year. Hunters in the Lake Chelan country pay no attention to game laws and are slaughtering deer by the wholesale. John Owens, of Bucoda, is the owner of a curiosity in the shape of a healthy three-legged chicken. The third leg is attach d to the right hip, and is provided with but three toes. Charles A. Dyer, a banker of Port Townsend, has been selected by the United States comptroller to take charge of the suspended First National bank of Port Angeles, Captain O'Toole, of Hamilton, Skagit ounty, has been appointed chief of a department in the United States treasurer's office at Washington D.C., with a salary of $3000 a year. The wheat king of Adams county is S. L. Thomas, who has devoted 2666 acres to the cereal this year. There is a greater acreage in that section and crops are looking better than ever be. fore. John Barker, of New Whatcom, while out hunting with his son-in-law, was mistaken by the latter for a deer and received a rifle bullet through his leg just below the knee, shattering both bones. John Davis, a sailor at Port Gamble while attempting to come ashore from a vessel moored at the warf, fell from the gang blank, and striking I is head on some floating timbers, fractured his skull. He was hauled out by some companions and medical assistance secured, but he died 12 hours later. From the Silverton mining district comes word of lively times, between 300 and 400 men at present keeping the hours of both day and night well occupied with the customs of their kind. There is a great deal of SNOW on the is a extent conseprevented ground there to at great present, and in work quence. John O'Donnell, a recent arrival from Wisconsin, met some three card monte men on the boat from Seattle to Tacoma and was induced to wager he could pick out a certain card, with the results that he found himself minus $350. He reported his less to the police, but the sharpers took the return boat to Seattle A busness man of Colfax proposes to stock the country with Chinese pheasants. A large poultry house has been built at his home and he has hatched out 40 young birds on the place. Many more eggs are now in his incubator His hens have laid ever 300 eggs since last fall, but none of them have yet offered to set. About two weeks ago S. H. Kenoyer, of Dayton, captured two young eagles at the head of the Touchet. He had them so well amad that they will take food from anyone. He brought them to town and sold them. Kenover says their nest was about 100 feet from the ground, in a tree, and covered a space of about 12 feet square. The Washington state board of lady managers of the world's fair have had a row, of the Maremployes resulting of Mrs. in Houghton. the dismissal Miss all garet Fearnside, of Vancover, has been appointed to one of the vacancies for two months at a salary of $100 per month and necessary traveling expenses. There now to be seen at Chicago splendid specimens of Whidby ieland produce exhibited by the Redfield farm, Oak harbor. Oats are seen with heads 12 reachseven Some rich ing inches long, feet and in timathy height. gress barley is also exhibited six feet three inches high, and other examples of fine cultivation are seen in the compact wheatheads, which have recorded 60 bushels to the acre. G. W. Coates, formerly postmaster of Bucado, is the fathes of a prepossessing daughters named Maud, Young A1. fred Wilson, son of the Methodist minwith but consent. failed ister here, to receive fell in the love paternal her, Then he trted an elopement, but it W IS

12. August 19, 1893 The Coeur D'alene Press Coeur D'alene, ID
Article from The Coeur D'alene Press, August 19, 1893

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property. NEWS OF THE NORTHWEST. A scheme is on foot to start a starch factory at Colton. All the gambling houses in Tacoma have been closed again. A small run of salmon is reported from the Skeena river, Alaska. The fall term at the state university at Seattle begins next Monday. Thirty-two ships are en route to Port land to carry away the grain crop. "Billy" O'Connell of Seattle has made application for admission to the bar. The depositors of the First National bank of Port Angeles are assenting to a proposition looking to a reopening of the bank. According to the Rosebug Review the well-laden orchards In the Umpqua valley this year will do much to dispel the cry of hard times. Tuesday night the Seattle police ar rested a drunken man in the slums and when they searched him at the station over $10,000 was found upon him. Salmon are coming in through the straights of Fuca and the Georgian gnif and are going up the Fraser river to British Columbia in great schools. J. C. White will c omplete at once the survey of the Idaho state wagon road, Surveyor Trask having resigned because the commissioners cut down his bills. Work is being pushed on the Oregon agricultural college buildings at Corvallis. They will be completed before the opening of the school September 22. Parties who have been fishing in the Wood river and elsewhere in south Idaho report more mountain tront In all the streams this season than there ever has been in any year in the past. The island of Oahu, the chief of the Hawailan group, will be almost encircled by a railroad. A. Leek, a Seattle man, has secured the contract for its construction, which will cost over $1,000,000. The rawhide used by a young ladv In The Dalles, Ore., on Rev. O. D. Taylor, who had swindled a friend of hers, a teacher in Taylor's academy, out of her wages, was recently sold at anction, bringing $150. Marshal McGrath of Ellensburg has been busy conducting the hobos to the ntmost limits of the city. The Register reports that forty of these vagrants were given tie passes down the road one day last week. Cle-Elum is considerably excited over the news of the discovery of native cop per on the Upper Teanaway and in the Peshastin and Trout lake mineral belt. There is said to be considerable silver In the copper ore. The assessment rolls of Yakima conn. ty show an Increase this year of $795,730 in real estate and $114,925 personal property. Central Washington is one of the few sections of the world that can show prosperity in these times of general depression. The school board of Great Falls, Mont., has reconsidered the action of postponing the opening of the public schools till November 1. It is believed that the merchants will take at least a portion of the warrants at par until the new taxes become available.

13. October 9, 1893 The Seattle Post-Intelligencer Seattle, WA
Article from The Seattle Post-Intelligencer, October 9, 1893

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Receiver for the Port Angeles Bank. POST ANGELES, Oct. 8. - (Special.) 1 Charles A. Dyer. of Port Townsend, late national bank examiner, has been ap. pointed receiver of the First National bank of this city.

14. November 3, 1893 The Seattle Post-Intelligencer Seattle, WA
Article from The Seattle Post-Intelligencer, November 3, 1893

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PERSONAL J. C. Cafe, of Port Angeles, is a guest at the Grand. M. 8. Moorhouse, of Orient, Wash, wasin the city yesterday. James Rankin, of Wabash, registered at the Diller yesterday. Mr. and Mrs. A. H. Jose, of North Bend, are guests at the Grand. C. K. Bonesteel, of Mount Vernon, is registered at the Rainier. Mr. and Mrs. J. M. Kimball and family are guests at the Occidental. Miss Hattie Culver, of the South school, is quite III with pneumonia. A. P. Fitch and R. A. Williams, of Olympia, are stopping at the Occidental. J. L Pearsall came down from Monte Cristo yesterday, and is a guest at the Rainier. W. G. Preston, a prominent flouring mill man at Waitsburg, is a guest at the Arlington. John T. Blackburn came over from Vashon yesterday and is aguest at the Arlington. J. R. D. Conger came over from Port Orchard yesterday, and registered at the Northern. Mr. and Mrs. Thomas W. Schiller, of Buffalo, N. Y., are tourists stopping at the Arlington. Mr. and Mrs. L. H. Foster came up from Muckilteo yesterday, and are stopping at the Diller. Charles A. Dyer, of Port Townsend, receiver of the First National bank of Port Angeles, accompanied by his wife, is stopping at the Grand, H. A. Foster, of Queensbury, England; Thomas Bell, of Liverpool, England, and H. Bettelheim, of South Africa, are tourists stop ping at the Rainier. Denny Fletcher, of the Pacific Postal Telegraph Company, returned yesterday over the Canadian Pacific after a three months' visit in the East and Canada.

15. December 20, 1893 The Seattle Post-Intelligencer Seattle, WA
Article from The Seattle Post-Intelligencer, December 20, 1893

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Port Angeles Bank Will Not Open. PORT TOWNSEND, Dec. 19.-[Special.]The First National bank of Port Angeles will not reopen, butgo intoimmediateliquidation. Such was the information conveyed to Receiver C. A. Dyer today by Comptroller of the Currency Eckels. It appears that when Dyer took charge of the bank last September he found that the officers were largely indebred to the institution, and he proceeded to learn how they were secured. This action caused serious charges affecting Dyer's personal character to be forwarded to Washington City with the object of having him suspended. Today Eckels wired Dyer that the charges had been fully investigated by a national bank examiner and they were found to be wholly false and inspired by malicious persons. Dyer will retain his position as receiver and wind up the bank's affairs.

16. December 24, 1893 The Seattle Post-Intelligencer Seattle, WA
Article from The Seattle Post-Intelligencer, December 24, 1893

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THE PORT ANGELES BANK. A Statement by Depositors as to the Attempt to Reopen. PORT ANGELES, Dec. 22, 1893. To THE EDITOR: Your issue of the 22d inst. contains a special dispatch entitled "The Directors Got the Money," dated Washington City, December 21. This dispatch is misleading and conveys a wrong impression of the First National bank situation here. The facts are as follows, to-wit: The First National bank of this city suspended business on June 26 last, in consequence of the general financial depression. Its resources at that time amounted to $163,000; its liabilities to $102,000. Immediately following the suspension the stockholders began the work of resumption. Owing to the great timidity of capital which has prevailed throughout the country much difficulty was experienced in obtaining a loan large enough for the purpose. As a commencement to the work of opening the bank, the stockholders proposed to pay the depositors, immediately upon resuming, 5 per cent. of the amount of their deposits in cash and to issue to them certificates of deposit, each for an additional 5 per cent., payable monthly, with 6 per cent. interest per annum. This proposition met with the approval of the depositors, and the coltract has been signed by them to the amount of $02,000. Satisfactory arrangements were concluded with the comptroller of the currency and his terms have been practically complied with. I quote from your "special:" "Comptroller Eckels has finally decided to stand by his original decision, etc., etc." Now 1 pretend to say, and I speak advisedly, that Mr. Eckels has never yet stated to any one that he has decided that this bank shall not resume. On the contrary I firmly believe that the bank will shortly resume its regular business with the sanction of Mr. Eckels. Mr. C. W. Thompson, the proposed president of the bank, is a gentleman widely known on Puget sound. He is a person of intelligence, ability and of the strictest integrity and one of the wealthiest men in this county. From your article the public would be likely to infer that his previous business connection with the bank was open to question. This is wrong and misleading and should be corrected at once. As a matter of fact, Mr. Thompson, though a stockholder, has never been a director or other officer, nor has he had any voice whatever in the management of the bank, nor does he owe it any money. When he was named as the coming chief officer much was done toward restoring confidence and the depositors are now united for resumption. The creditors of the bank have expressed their approval of Mr. C. E. Mallette as the coming cashier in terms of the utmost confidence and warmest approval. Mr. Mallette is also one of the wealthiest citisens of this county, and has never had

17. January 20, 1894 The Seattle Post-Intelligencer Seattle, WA
Article from The Seattle Post-Intelligencer, January 20, 1894

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buing for the Bank's Assets. Charles A. Dyer, receiver of the wrecked First National Bank of Port Angeles, yesterday brought suit in the United States court to recover from Ralph Chambers $4,000 on four promissory notes, and against Frank Chambers, sr., to recover $3,500 on four promissory notes.

18. May 4, 1894 Washington Standard Olympia, WA
Article from Washington Standard, May 4, 1894

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STATE NEWS. A Kansas man is talking of starting a paper mill at Spokane. Snohomish votes on $8,000 school funding bonds to-morrow. Hillyard has voted to bond itself $17,000 for a schoolhouse. Sprague's creamery is using about 4,000 pounds of milk daily. Pullman is advertising for bids on $23,000 worth of municipal bonds. The new normal school building at Ellensburgh is about ready for the plasterers. The first white bricks, a home prod-uct, for the Spokane courthouse were laid there Saturday. The estate of M.C. Sullivan, the detective who died lately at Tacoma, foots up about $350,000. Gold placer mining is now being carried on with some success near Summer, Pierce county. Port Townsend expects a visit from Assistant Secretary Hamlin of the Treasury Department. A 30 per cent. dividend is to be paid depositors of the Port Townsend national bank which suspended September 18. Edward H. King, a well-known Oakesdale lawyer, has been declared insane and committed to the asylum at Medical Lake. The Pacific Window Glass Company, for the manufacture of glass, has been incorporated at Tacoma at a capitalization of $100,000. Sam Hutchinson, the tallest man on the Pacific coast (7 feet 21 inches), has started from Prescott with a carload of horses for Nebraska. The First National bank of Port has Angeles reopened. Its suspension, be 10 months in duration, is said to the longest in the history of national banks. Mr. Eldredge was at the reopening. The Gray's Harbor Commercial Company is filling an order for 50,000 feet of fir and spruce finish to go into cruiser which the Cramps' shipyard at Chester, Pa., is getting ready. This is the first order from them. The expense bill in the trial of the Edmiston case has been received at Walla Walla from the clerk of Garfield county. It is as follows: Bailiffs, $66.40; witnesses, $1,309.40; jurors, $685; total, $2,060.80. Banker Waldron, of New Whatcom, has been vindicated for bis connection with the Rogers shortage, and the criminal proceeding against him has been dismissed. The Express says he comes out of it with flying colors." Contract has been let for completing the survey of all the lands in Okanogan valley from the Salmon river to the British line. This will throw open the whole unsurveyed lands along the Okanogan river for 75 miles. Several miners and ranchers are camped along the border of the Colville reservation, awaiting the time it will be opened to settlers, so that they may have an early opportunity to procure the choice rapches or mining property. The Colfax Gazette prints a long tabulated cost of to computation of the It foots $136,401.43 for or litigation up Whitman 1893, county. $23.52 which each of our taxpayers are comto to protect of pelled pay the rights property and life. The State Board of Horticulture has arranged for a series of meetings during the latter part of May in Pieree, King, Whatcom, Jefferson, Snohomish and Chehalis counties, and at these meetings the subject of spraying, ridding trees of pests and fungus and also the best methods of packing fruit for shipment will be discussed.

19. April 27, 1895 The Seattle Post-Intelligencer Seattle, WA
Article from The Seattle Post-Intelligencer, April 27, 1895

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Senator R.C. Wilson Appointed Receiver Washington City, April 26.-Special.Comptroller Eckels has appointed State Senator R. C. Wilson, of Port Angeles, receiver of the First National bank of that place. C. E. Mallette was an applicant, but his connection with the bank's affairs was such that he was not considered.

20. April 28, 1895 The Seattle Post-Intelligencer Seattle, WA
Article from The Seattle Post-Intelligencer, April 28, 1895

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Bank Changes at Port Angeles. Port Angeles, April 27.-State Senator R. C. Wilson today received notice from Comptroller Eckels of his appointment as receiver of the First National bank of this city, now in the hands of Bank Examiner Clary. Senator Wilson takes charge on Monday next and will begin to liquidate the bank. The new bank of Clallam county, incorporated as a state bank, will open for business with Charles E. Mallette, late cashier of the First National bank, as cashier.

21. May 2, 1895 Aberdeen Herald Aberdeen, WA
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NEWS OF THE STATE. Arrangements are about completed for the establishment of a creamery at Chehalis. The Normal and Business College of Southwestern Washington will open at Oysterville, the 26th inst. Alfred Anderson, of Tacoma, has been appointed state immigration agent at Chicago, by Secretary Price. The Western Iron and Steel Company's plant, at Lakeview, commenced operations last week, giying employment to fifty persons. The Frst National Bank, of Port Angeles, has again suspended, and a receiver has been asked for that its affairs may be wound up. Liabilities, $10,200; assets, $71,000. An unsuccessful attempt was made last Friday to hold up the Northern Pacific express near Cle-Elum. The company had been warned and were prepared. Two were arrested. Insurance Commissioner Price has issued to Mrs. Edmund Nallaine, of Seattle, a commission to act as insurance commissioner in that city, she being the first lady in the state to receive such a document. A bunch of 64 steers, fattened on headed wheat and shorts, were recently shipped from Pullman to Chicago. This is the first experiment of the kind and the buyer informs the Colfax Gazette that he had never bought better beef in the west. A new industry is to be established at Pillar Rock, this state, by a Portland firm. Machinery is being placed for a $25,000 plant for the manufacture of fish oils, and the factory will be in operation early this month. The offal from twenty canneries on the Columbia river, amounting to 4,000 tons annually, will be utilized, and during the fall season seals will be captured for converting into oil. Salmon oil is valuable for tanning and other purposes.

22. November 8, 1895 Washington Standard Olympia, WA
Article from Washington Standard, November 8, 1895

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Controller Eckels has notified R. C. Wilson, receiver of the First National bank of Port Angeles, that a special examiner will investigate the disposition made of the bank's securities prior to the second time that bank closed its doors.

23. March 12, 1896 The Seattle Post-Intelligencer Seattle, WA
Article from The Seattle Post-Intelligencer, March 12, 1896

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Port Angeles Bank Stock Assessed. Port Angeles, March 11.-Special.-The United States comptroller of the currency has ordered an assessment of 25 cents on the dollar on the capital stock of the First National bank of this city. Senator R. C. Wilson is receiver for the bank, and has been authorized to make the levy. The amount to be collected is $12,500.