Bank of West Superior - Superior, WI

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: *
Location: Superior, Wisconsin (46.721, -92.104)

Metadata

Model: gpt-5-mini
Short Digest: 7fb42799

Response Measures

None

Description

Article (1901-07-19) refers to the Bank of West Superior's prior failure and a court decision that will benefit its creditors; no mention of a run, only that the bank failed. Classified as a suspension/closure (permanent failure/receivership).

Events (1)

1. * Receivership

Newspaper Excerpt: the Bank of West Superior creditors will be enriched to the extent of $33,000, or thereabouts, and the Burhans claims assigned to the bank before its failure will be cleared up.
Source: newspapers

Newspaper Articles (1)

1. July 20, 1901 The Saint Paul Globe Saint Paul, MN

Article from The Saint Paul Globe, July 20, 1901

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Article Text

BURN LUMBER CAMPS. Step Is Necessary to Exterminate Smallpox. WEST SUPERIOR, Wis., July 19.-(Special.)-Great interest attaches to the meeting of the state board of health that has been called for next week and the probable meeting of the Wisconsin, Minnesota and Michigan boards for the purpose of considering the smallpox proposition. The local health authorities believe that the only way to get rid of the disease is to burn the lumber camps in this vicinity and some such action as this may be taken by the state boards. Opposition to the proposition is expected, especially from the lumbermen, who would probably be reimbursed, but would be put to some delay and expense. The annual session of the grand lodge of the Independent Scandinavian Workingmen's association will be held in this city next Thursday, Friday, Saturday and Sunday. The convention will be called to order on July 25 and there will be about ninety delegates and officers in attendance from Wisconsin and Minnesota, the only two states in which the order is organized. The decision of Judge Otis in the McQueen case is of great interest in this city, from the fact that if the decision is final, the Bank of West Superior creditors will be enriched to the extent of $33,000, or thereabouts, and the Burhans claims assigned to the bank before its failure will be cleared up.