Article Text
ASSIGNED. OMAHA, Neb., Dec. 26.-A Bee special from Lotty City, Neb., says the Sherman county bank assigned this morning to the sheriff. Cashier Mathies has been absent for some time. E. E. Whaley, president, is on the ground.
Sherman County Bank (Loup City, NE)
Episode Information
- Episode UID
2262531091068- Episode Type
- Suspension β Closure
- Bank Type
- state
- Bank ID
-
226253109hash - Start Date
- December 26, 1888
- Location
- Loup City, Nebraska (41.276, -98.967)
Metadata
- Model
- gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
- Short Digest
2b868726d1c11a13
Response Measures
None
Description
Multiple contemporaneous reports state the bank assigned to the sheriff and creditors later chose a receiver.
Events (2)
1.
December 26, 1888
Suspension
- Cause
- Bank Specific Adverse Info
- Cause Details
- Bank made an assignment to the sheriff (insolvency/financial failure); cashier M. A. Thies absent for some time suggesting internal trouble.
- Newspaper Excerpt
- The Sherman County bank assigned this morning to the sheriff.
- Source
- newspapers
2.
January 19, 1889
Receivership
- Newspaper Excerpt
- The creditors of the Sherman County Banking company ... met at Loup City on the 19th, and chose C. M. Walworth receiver.
- Source
- newspapers
Newspaper Articles (10)
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BRIEF TELEGRAMS. -CINCINNATI, OHIO, December 26.-A. Johnston suicided at his home in Avondale) (about, 7 this morning by shooting himself through the head with a revolver. He was one of the most prominent politicians in Southern Ohio. Depression, on occount of the death of his wife, is supposed to have been the cause. CLARION, PA., December 26.-Hon. James T. Moffet, member of the present Congress from the ,Twenty-eighth districi, has been admitted to the asylum at North Warren, as a private patient. The difficulty seems to be excessive nervousness, which was brought on by the arduous labors of the recent campaign. OMAHA, NEB., December 26.- A Bee special from Loup, Neb., says: The Sherman County Bank made an assignment this morning, and is now in charge of the sheriff. W. M. A. Thies has been absent from the city for some time, but E. E. Whaley, the president of the institution, is on the ground. ESCANABA, MICH., December 26.-Dr. Mulliken, an old physician of this place, heretofore bearing a gilt-edged reputation, was arrested to-day charged with ruining forty young girls. He was released on bail and has jumped the town. The town is terribly excited and threatens to tear Mulliken limb from limb if he is recaptured.
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Bank Failure. OMAHA, Dec. 26.-A Beespecial from Loup City :Neb., says: The Sherman County bank assigned this morning to the sheriff. Cashier M. A. Thies has been absent for some time. E. E. Whaley, president, is on the ground.
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The President Remained. OMAHA, December 26.-A Bee special from Loup City, Neb., says: The Sherman county bank assigned this morning to the Sheriff. Cashier M. A. Thies has been absent for some time. O. Whaley, the President is on the ground.
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BUSINESS FIRMS IN TROUBLE. Brokers and Manufacturers Succumb to the Prevailing Hard Times. PITTSBURG, Pa., Dec. 26.-Executions were issued to-day against Robert C. Totten, of the firm of Totten & Co., iron founders and machinery makers: for $114,000. The cause of the embarrassment is not known. It is claimed that it will not affect the firm. NEW YORK, Dee. 26.-C. J. Fisher, proprietor of the bucket shop at No. 56 New street, failed this afternoon. At the consolidated exchange the failure of F.A. Litchfield was announced this afternoon. NEW YORK, Dec. 26.-Tho failures of Tuttle Bros; C.& T. Ives and T. S. Steele were announced upon the consolidated exchange just after the close of the first call to-day. The suspensions were attributed to a marked decline in the market, From the opening 90 the market sagged down to 88% in the first half hour's business. The report that C. T. Steele had failed was erroneous. Mr. Steele did not have his check on hand as early as he might, and some members took advantage of the fact to push his sales. The result was that his failure was announced, but Mr. Steele a few minutes later paid everything and resumed. Between noon and 1 p. m., the general decline in the market was Β½ per cent. At 2 p. m., oil was 89. CHICAGO, Dec. 26. - William Ott, doing business at 141 Kinzie street, as the Ott Patent Lounge company, made a voluntary assignment this morning. Assets $9,000, liabilities $16,000. LOUP CITY. Neb., Dec. 26.-The Sherman County bank assigned this morning to the sheriff. Cashier M. A. Thies has been absent for some time. E. E. Whaley, the president, is on the ground.
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A Nebraska Bank Assigus. Lour CITY, NEB., Dec. 26.-The Sherman County Bank assigned this morning to the sheriff. Cashier M. A. Thies has been absent for some time. E. E. Whaley, president, is on the ground.
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Another Nebraska Bank Goes Under. OMAHA, Neb., December 26.-A "Bee" special from Loup City, Neb., says: The Sherman County Bank assigned this morning to the sheriff. Cashier M. A. Thies has been absent for some time. E.E. Whaley, president, is on the ground.
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ELECTRIC SPARKS. Fires And Casualties. Two PERSONS lost their lives in the burning of the Exchange hotel at Missoula, Montana. SIX persons were drowned in San Francisco Bay on Christmas Day by the capsizing of a sail-boat. Tuesday night's fire at Marblehead, Mass., destroyed sixty business buildings and caused an estimated loss of $600,000, THE Sherman County bank, at Loupe City, Neb., assigned on Wednesday. The assets and liabilities unknown. FOUR men were killed and two fatally wounded at Denver, Col., Wednesday, by the dropping of the cable-car track, under which they were excavating. ANOTHER passenger steamboat has been burned on the lower Mississippi-the John H. Hanna-near Plaquemine, La. As far as known, thirty lives were lost. SEATTLE.-The steamer Lief Erickson burned at Alkia, a point five miles west of this city at 5 o'clock Monday afternoon. It is a total loss. Seven lives were lost. Miss Annie Tolner, of Sidney; J. H. Norens, Sidney; Jack Simmonds, a halfbreed fisherman; T. Smith, Colby; an un. known man and wife and an unknown woman were the victims. BRADFORD, Pa.-Three glycerine megazines in Buchanan Hollow, exploded Saturday evening, wrecking a large number of houses in Tarport, a mile away, and shaking the foundations of houses in Bradford, three miles distant. A large building in Tarport, in which were nine persons, collapsed, seriously injuring three children, one, a little girl, who can not survive. The explosion was caused, it is thought, by excessive heat. It is not known whether anyone was killed. 4 LOUISVILLE.-A through passenger train to Louisville and the south, on the Louisville and Nashville railroad, ran into the Knoxville branch passenger train at Bardstown Junction, twenty-five miles south of this city. Two passengers were killed and eleven injured. The killed are Mrs. Mary Perkins, of Old Deposit, Kentucky, and Willie Houston, of Water Creek, Ky. The engineer and fireman are thought to be fatally hurt. Thirteen in all were injured.
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ELECTRIC SPARKS. Fires And Casualties. Two PERSONS lost their lives in the burning of the Exchange hotel at Missoula, Montana. Six persons were drowned in San Francisco Bay on Christmas Day by the capsizing of a sail-boat. TUESDAY night's fire at Marblehead, Mass., destroyed sixty business buildings and caused an estimated loss of $600,000, THR Sherman County bank, as Loupe City, Neb., assigned on Wednesday. The assets and liabilities unknown. FOUR men were killed and two fatally wounded at Denver, Col., Wednesday, by the dropping of the oable-car track, under which they were excavating. ANOTHER passenger steamboat has been burned on the lower Mississippi-the John H. Hanna-near Plaquemine, La. As far as known, thirty lives were lost. SEATTLE.-The steamer Lief Erickson burned at Alkia, B point five miles west of this city at 5 o'clook Monday afternoon. It is a total loss. Seven lives were lost. Miss Annie Toiner, of Sidney; J. H. Norens. Sidney; Jack Simmonds, a halfbreed fisherman; T. Smith, Colby; an unknown man and wife and an unknown woman were the victims. BRADFORD, Pa.-Three glycerine magazines in Buchanan Hollow, exploded Saturday evening, wrecking a large number of houses in Tarport, a mile away, and shaking the foundations of houses in Bradford, three miles distant. A large building ID Tarport, in which were nine persons, collapsed, seriously injuring three children, ΠΎΠ΄Π΅, & little girl, who can not survive. The explosion was caused, it is thought, by excessive heat. It is not known whether anyone was killed4 LOUISVILLE.-A through passenger train to Lonisville and the south, on the Louisville and Nashville railroad, ran into the Knoxville branch passenger train at Bardstown Junction, twenty-five miles south of this city. Two passengers were killed and eleven injured. The killed are Mrs. Mary Perkins, of Old Deposit, Kentucky, and Willie Houston, of Water Creek, Ky. The engineer and fireman are thought to be fatally hurt. Thirteen in all were injured.
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Seward Citizens Called Away. John N. Edwards, president of the Bank of Seward County. died on the morning of the 19th about 1 o'clock after a long illness, from Bright's disease of the kidneys. He has been gradually failing for some time, but only in the last week was he compelled to give up. He had an indomitable will power which would not be surrendered, and this, mainly, has kept him alive for months. He was an active member of the G. A. R. of Seward, and at one time its commander, and is a member of the Masonic fraternity, and of the M. E. church. His life was insured for about $20,000 in various companies, and he leaves a wife and three children comfortably provided for. His bank was closed early in the week on account of his sickness and his anticipated demise, and probably will not reopen except for the settlement of his business affairs. Mr. Hezekiah Atkins, one of Seward's old settlers, died after a long illness the same morning, about 7 o'clock, of consumption. He was a member of the firm of H. Atkins & Son, in the harness business. He leaves a wife and two grown sons. Mr. Atkins is the brother of Gen. Atkins and the father of Charlie Atkins, formerly of Lincoln, but now of Beatrice. He was a member of the G. A. R., the Masons, and the A. O. U. W. Sherman County Bank Creditors. The creditors of the Sherman County Banking company, who have filed their claims with the county judge, met at Loup City on the 19th, and chose C. M. Walworth receiver. The aggregate amount of claims represented in the meeting was $35,343. This amount includes the claim of Sherman county for $20,000, the county money deposited by County Treasurer Pearson, also $1,331.09, taxes on the bank past due, but does not include the notes now held by the Capital National bank of Lincoln, and the Rochester Loan and Banking company of Carroll. Ia. M. Mellor, general merchant, is a creditor to the amount of $8.15, and Ditto Bros., druggists, $78.04, instead of heavy losers as has been reported to several jobbers with whom they deal, with the evident intention to do them injury. A Cheeky Omaha Lawyer. The proprietor of the Riddle house, Plattsmouth, who accepted $1 as full payment for an Omaha lawyer's board bill for the past year, and considered himself fortunate in securing that amount, although the account was a large one, feel somewhat sore now since the lawyer got ahead of him a second time. Mr. Riddle framed the dollar and hung it in his office, as it was the first he had ever received from him. The Omaha man visited him again on the 19th. He remained at the hotel over night, arose early the next morning, relieved the frame of the dollar, and paid the clerk his bill, which amounted to 50 cents, and the clerk handed him 50 cents change. He left for Omaha early that morning. The hotel man thinks he is the cheekiest lawyer he ever knew, and says he will hang out a red flag the next time he comes to town. Lady Lobbyists at Lincoln. Mrs. Jennie F. Holmes, of the State Woman's Christian Temperance Union, with a large number of fellow laborers, is in Lincoln for the balance of the sension. They have joined the lobby and will work for the passage of bills on the following subjects: Incorporating the State W. C. T. U.; amending the existing laws relating to giving of scientific instruction in common schools on the temperance question; raising the age at which girls can legally consent to their own defilement to 18; giving to taxpaying women the right of suffrage; granting municipal suffrage to all women, and for the submission of the prohibitory amendment.