Wisconsin State Bank - Shell Lake, WI

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: March 15, 1904
Location: Shell Lake, Wisconsin (45.739, -91.925)

Metadata

Model: gpt-5-mini
Short Digest: 93177821

Response Measures

None

Description

Bank suspended operations on 1904-03-15, paid depositors in full and turned business over to the Lumberman's Bank. No run or depositor panic is mentioned; suspension appears permanent/transfer of business.

Events (1)

1. March 15, 1904 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Bank has not been a paying proposition, leading to suspension; paid depositors in full and transferred business to the Lumberman's Bank.
Newspaper Excerpt: The Wisconsin State bank ... suspended business to-day, paying all depositors in full and turning all business over to the Lumberman's bank.
Source: newspapers

Newspaper Articles (1)

1. March 15, 1904 The Minneapolis Journal Minneapolis, MN

Article from The Minneapolis Journal, March 15, 1904

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Article Text

SHELL LAKE, WIS.-The Wisconsin State bank, started here a short time ago by P. M. Reagan, and later sold to F. H. Welcome of Minneapolis, suspended business to-day, paying all depositors in full and turning all business over to the Lumberman's bank. The bank has not been a paying proposition, hence its suspension.