Bank of Washburn - Washburn, WI

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: *
Location: Washburn, Wisconsin (46.673, -90.895)

Metadata

Model: gpt-5-mini
Short Digest: 1c94978a

Response Measures

None

Description

Article (The Morning Astorian, 1904-03-04) references the prior failure of Probert's bank at Washburn, Wisconsin and his conviction. The piece reports the bank 'failure' and conviction of its manager; no specific run or suspension date is given in the excerpt. Classified as a suspension that resulted in closure (receiver action implied).

Events (2)

1. * Other

Newspaper Excerpt: Many believe that the banker has committed suicide...they have applied to the court for the appointment of a receiver. ... It is laso asserted that he came within the pale of the law in Wisconsin, as the result of the failure of-his bank at Washburn, in that state.
Source: newspapers

2. * Receivership

Newspaper Excerpt: It is laso asserted that he came within the pale of the law in Wisconsin, as the result of the failure of-his bank at Washburn, in that state. He was convicted of wrong-doing and sentenced to serve six months in jail.
Source: newspapers

Newspaper Articles (1)

1. March 4, 1904 The Morning Astorian Astoria, OR

Article from The Morning Astorian, March 4, 1904

Click image to open full size in new tab

Article Text

Dayton, Ore,, March S.-A diligently prosecuted search reveals no trace of Arthur C. Probert, manager and sole owner of the State Savings bank, of this city, whose mysterious disappearance yesterday furnished the topic for lively discussion among depositors and citizens in general. Many believe that the banker has committed suicide, and some aver they heard shots in a clump of trees in the edge of town just after dawn yesterday. The citizens are anxious to clear up the mystery and to insure an immediate investigation of the affairs of the bank have applied to the court for the appointment of a receiver. For some time past a rumor, apparently well founded, credited Probert with having been involved in several transactions of such a questionable nature as to bring upon him the attention of the police in various localities. It is alleged that he is under a cloud in California for some offense. It is said that he did not deny this charge, but asserted that he had cleared himself of all stigma. It is laso asserted that he came within the pale of the law in Wisconsin, as the result of the failure of-his bank at Washburn, in that state. He was convicted of wrong-doing and sentenced to serve six months in jail. Probert arrived here from Chicago via Portland two months ago, well supplied with letters of recommendation and other credentials. He immediately opened his bank and by his