Plankington Bank - Milwaukee, WI

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: April 11, 1895
Location: Milwaukee, Wisconsin (43.039, -87.906)

Metadata

Model: gpt-5-mini
Short Digest: 7a1ffb03

Response Measures

None

Description

Article (Apr 11, 1895) reports receiver Fletcher in charge and court ordering a 5% dividend by the assignee, indicating the bank was in receivership (permanently closed) and paying a dividend. No run is mentioned in the article.

Events (1)

1. April 11, 1895 Receivership

Newspaper Excerpt: Receiver Fletcher, who had in charge the collection of the amounts due from the several stockholders of the Plankington Bank, reported to-day to Judge Johnson the payment of amounts aggregating $63,000, whereupon the court ordered a payment of 5 per cent dividend by the assignee.
Source: newspapers

Newspaper Articles (1)

1. April 12, 1895 The San Francisco Call San Francisco, CA

Article from The San Francisco Call, April 12, 1895

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Article Text

Ordered a Dividend. MILWAUKEE, WIs., April 11. - Receiver Fletcher, who had in charge the collection of the amounts due from the sev eral stockholders of the Plankington Bank, reported to-day to Judge Johnson the payment of amounts aggregating $63,000, whereupon the court ordered a payment of 5 per cent dividend by the assignee.