City Bank - Milwaukee, WI

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: *
Location: Milwaukee, Wisconsin (43.039, -87.906)

Metadata

Model: gpt-5-mini
Short Digest: 1ecdb28e

Response Measures

None

Description

The article (1875-08-05) refers to the 'broken City Bank of this city', indicating the City Bank in Milwaukee had failed (was 'broken') prior to publication. No run is described; the piece simply notes the bank was broken and deposits lost. Date of failure is not stated in the excerpt.

Events (2)

1. * Other

Newspaper Excerpt: Context: funds of the State Treasurer were in the broken City Bank; no run or suspension action described, just bank insolvency noted.
Source: newspapers

2. * Receivership

Newspaper Excerpt: $15,000 in the broken City Bank of this city (Manitowoc Tribune, Aug 5, 1875). In context the article says the bank was 'broken.' broken City Bank is direct phrase indicating failure/closure in the text provided.
Source: newspapers

Newspaper Articles (1)

1. August 5, 1875 The Manitowoc Tribune Manitowoc, WI

Article from The Manitowoc Tribune, August 5, 1875

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Article Text

THURSDAY, AUGUST 5, 1875. REPUBLICAN STATE TICKET. FOR GOVERNOR, HARRISON LUDINGTON. FOR LIEUT. GOVERNOR, H. L. EATON. FOR SECRETARY OF STATE, H. B. WARNER. FOR STATE TREASURER, HENRY BATZ. FOR ATTORNEY GENERAL, JOHN R. BENNET. FOR SUPT. OF PUE. INST'N., ROBERT GRAHAM. CAMPAIGN LIES EXPOSED. WE do not publish the following letter from Major Bætz because we think that any one believes him guilty of the charges made against him; but now that they have been circulated, it is but justice to the Major to give his plain concise refutation of the vile slander heaped upon him by that most depraved of all Wisconsin newspapers, the Milwankee News: Milwaukee, July 26. To the Editor of the Sentinet: Will you kindly permit me to notice, through the medium of the Sentinel, a few pasages in the Madison letter of Saturday's Milwaukee News, by which the anonymous writer tries to impeach my integrity as a former State officer. He says : The fact that Baetz, as treasurer, had some $12,000 of the State funds in the Second Nationa! Bank of Chicago hen it failed, $15,000 in the broken City Bank of this city, $6,000 in Wisconsin Central Railroad lands, and $4,000 in that digest of laws which was printed under a special act, is telling strongly against him. To the first charge I plead guilty, except that the amount is overstated. This bank was considered sound and safe, but the panic of 1873 forced it to go in to liquidation, The State Treasurer's Chicago account had been kept with it for years before 1 came into office. I