Article Text
, ) Broken Bank , TACOMA, Wash., May 31. -Robert Mont, gomery was today appointed receiver of : the Bank of Sumner, located at Puyallup. It is said that the bank will pay all claims except the capital stock.
22284. Bank of Sumner (Puyallup, WA)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- May 31, 1898
- Location
- Puyallup, Washington (47.185, -122.293)
Metadata
- Model
- gpt-5-mini
- Short Digest
9fbc08a2
Response Measures
None
Description
Multiple articles report the appointment of a receiver (Robert/Robt. Montgomery or E. R. Rogers mentioned) and state the bank 'failed' or 'will pay all claims except the capital stock.' No article describes a depositor run prior to suspension; the bank was placed in receivership on May 31, 1898 and appears to be permanently closed.
Events (2)
1.
May 31, 1898
Receivership
- Newspaper Excerpt
- Robert Montgomery was today appointed receiver of the Bank of Sumner, located at Puyallup. It is said that the bank will pay all claims except the capital stock.
- Source
- newspapers
2.
June 13, 1898
Other
- Newspaper Excerpt
- Ever since the failure of the Bank of Sumner at Puyallup, on May 31, a strong feeling of indignation has prevailed among its creditors ... the assets of the bank consist largely of long past due paper of the officers of the bank. Not more than 13 (or 15) per cent. ... will be realized on the claims against the bank.
- Source
- newspapers
Newspaper Articles (7)
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Article Text
Receiver for a Washington Bank. TACOMA, Wash., June 2. - Robert Montgomery has been appointed receiver of the Bank of Sumner, located at Puyallup. It is stated that the bank will pay all claims except the capital stock.
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Article Text
Receiver for a Washington Bank. TACOMA, Wash., June 2. - Robert Montgomery has been appointed receiver of the Bank of Sümner, located at Payallup. It is stated that the bank will pay all claims except the capital stock.
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Article Text
Robt. Montgomery was this week appointed receiver of the Bank of Sumner, located at Puyallup. The | bank will pay all claims except the capital stock. |
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Article Text
Keene's Condition Critical. NEW YORK, June i. -Thomas W. Keene, the actor, upon whom an opera. tion for appendicitis was performed on Saturday at New Brighton, S. I., has had a relapse and his condition has become critical. Receiver for a Washington Bank. TACOMA, Wash., June 1. - Robert Montgomery has been appointed receiver of the Bank of Sumner, located at Puyallup. It is stated that the bank will pay all claims except the capital stock.
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Article Text
DEPOSITORS ARE INDIGNANT. Creditors of Bank of Summer Will Prosecute President Thompson. Special Dispatch to the Post-Inteiligencer. PUYALLUP, June 13.-Ever since the failure of the Bank of Sumner at Puyallup, on May 31, a strong feeling of indignation has prevailed among its creditors against W. L. Thompson, the ex-president of the bank. which eulminated this evening in a very largely attended meeting at the G. A. R. hall. E. R. Rogers, the receiver of the bank, was present and gave an informal statement of the bank's condition. Great indignation was aroused by his statement that the assets of the bank consist largely of long past due paper of the officers of the bank. Not more than 13 per cent., in all probability. will be realized on the claims against the bank. was unanimously decided to vigorously prosecute the ex-bank president on the criminal charges now pending against him. A committee was appointed to procure counsel and evidence. Nearly $600 was subscribed to meet the expenses of the prosecution.
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Article Text
DEPOSITORS ARE INDIGNANT. Creditors of Bank of SuinDer Will Prosecute President Thompson. Special Dispatch to the Post-Inteiligencer. PUYALLUP, June 13.-Ever since the failure of the Bank of Summer at Puyaliup, on May 31, a strong feeling of indignation has prevailed among its creditors against W. L. Thompson, the ex-president of the bank. which culminated this evening in a very largely attended meeting at the G. A. R. hall. E. R. Rogers, the receiver of the bank, was present and gave an informal statement of the bank's condition. Great indignation was aroused by his statement that the assets of the bank consist largely of long past due paper of the officers of the bank. Not more than 15 per cent., in all probability, will be realized on the claims against the bank. It was unanimously decided to vigorously prosecute the ex-bank president on the criminal charges now pending against him. A committee was appointed to procure counsel and evidence. Nearly $600 was subscribed to meet the expenses of the prosecution.