Bank of Puyallup - Puyallup, WA

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: December 28, 1895
Location: Puyallup, Washington (47.185, -122.293)

Metadata

Model: gpt-5-mini
Short Digest: d156a430

Response Measures

None

Description

All articles refer to the Bank of Puyallup already in the hands of Receiver Fred D. Barto, with a receiver appointed, insurance recovery accepted, and dividends and attorney fees being ordered. There is no mention of a contemporaneous depositor run; the bank has failed and is in receivership, so classification is suspension_closure (suspension/closure with receivership). Dates taken from article publication lines (some items reference court orders on those dates).

Events (4)

1. December 28, 1895 Receivership

Newspaper Excerpt: Judge Stallcup today authorized Receiver Barto, of the Bank of Puyallup, to accept $2,500 in payment of the bank's claim ... the trust company insured the bank for the faithful and honest performance of his duties by S. B. Dusinberre, in $5,000.
Source: newspapers

2. February 10, 1896 Other

Newspaper Excerpt: Receiver Barto, of the Bank of Puyallup, was today ordered to pay a dividend of 4 per cent. by the superior court.
Source: newspapers

3. December 31, 1896 Other

Newspaper Excerpt: Judge Stallcup today removed W. P. Reynolds as attorney for Receiver Barto, of the Bank of Puyallup and named in his stead J. C. Leo. Reynolds has been the receiver's legal advisor since the bank failed.
Source: newspapers

4. January 6, 1897 Other

Newspaper Excerpt: Judge Stallcup today issued an order vacating his own order of December 31, which provided for the dismissal of Reynolds & Remington as attorneys for the receiver of the Bank of Puyallup and appointed John Leo in their stead. Reynolds & Remington are now reinstated, and allowed $625 for their past services.
Source: newspapers

Newspaper Articles (4)

1. December 29, 1895 The Seattle Post-Intelligencer Seattle, WA

Article from The Seattle Post-Intelligencer, December 29, 1895

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Article Text

Defaulter Dusinberre's Insurance. Tacoma, Dec. 28.-Special.-Judge Stallcup today authorized Receiver Barto, of the Bank of Puyallup, to accept $2,500 in paymentof the bank's claim of $5,000 against the Missouri. Kansas and Texas Trust Company. The trust company insured the bank for the faithful and honest performance of his duties by S. B. Dusinberre, in $5,000.

2. February 11, 1896 The Seattle Post-Intelligencer Seattle, WA

Article from The Seattle Post-Intelligencer, February 11, 1896

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Article Text

Brief Tacoma News. Tacoma, Feb. 10. - Special. - Receiver Barto, of the Bank of Puyallup, was today ordered to pay a dividend of 4 per cent. by the superior court. George White, who pleaded guilty to burglary, was sentenced to three years in the penitentiary. Wednesday being the anniversary of Lincoln's birthday, the city hall and courthouse will be closed. The trial of Robert McKinney, charged with making a murderous assault on Mrs. Lizzie Kerch and her daughter Annie, was

3. January 1, 1897 The Seattle Post-Intelligencer Seattle, WA

Article from The Seattle Post-Intelligencer, January 1, 1897

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Article Text

REMOVED AS ATTORNEY. I The Court Objects to Mr. Reynolds Representing Receiver Barto. TACOMA, Dec. 31.-Special. - Judge Stalleup today removed W. P. Reynolds as attorney for Receiver Barto, of the Bank of Puyallup and named in his stead J. C. Leo. Reynolds has been the receiver's legal advisor since the bank failed. but recently he and the judge differed as to whether his fees should be paid out of the moneys collected before a dividend were declared. It appears that there was money enough to pay & small dividend. but this would leave nothing to pay the attorney. When the court ordered the distribution of the money among the creditors of the bank, Mr. Reynolds asked for an exception. This was refused by the court, but the attorney excepted anyway. This led to a sharp passage between the court and the attorney, which ended when the court today furtished Receiver Barto with a new lawyer. It is understood that Mr. Reynolds will carry his complaint to the supreme court.

4. January 7, 1897 The Seattle Post-Intelligencer Seattle, WA

Article from The Seattle Post-Intelligencer, January 7, 1897

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Article Text

RECEIVER'S AND COUNSEL'S PAY. Judge Stalleup Vacates His Ruling in the Puyallup Bank Matter. TACOMA, Jan. 6.-Special.Judge Stallcup today issued an order vacating his own order of December 31, which provided for the dismissal of Reynolds & Remington as attorneys for the receiver of the Bank of Puyallup and appointed John Leo in their stead. Reynolds & Remington are now reinstated, and allowed $625 for their past services. The court originally held that the $2,100 remaining as the final adjustment of the bank's affairs should go to the creditors, and not to the receiver, Fred D. Barto, and his attorneys, although the latter had worked two years without compensation. The receiver. however. is awarded, by the new order, $400 for his services, and $125 is ordered transferred to the estate of Attorney Shank, who was formerly connected with the case.