Blaine State Bank (Blaine, WA)

Episode Information

Episode Type
Suspension โ†’ Closure
Start Date
September 30, 1895
Location
Blaine, Washington (48.994, -122.747)
Bank Type
state

Metadata

Notes

Multiple articles report appointment of a receiver; no run mentioned.

Events (2)

1. September 30, 1895 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Appointment of receiver on application of a stockholder based on affidavits of directors, indicating bank insolvency/trouble
Newspaper Excerpt
The Blaine State bank ... went into the hands of a receiver this afternoon upon application of C. H. Stone
Source
newspapers
2. September 30, 1895 Receivership
Newspaper Excerpt
went into the hands of a receiver ... Lester W. David, postmaster at Blaine, was appointed receiver.
Source
newspapers

Newspaper Articles (11)

Article from The Seattle Post-Intelligencer, October 1, 1895

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Article Text

BLAINE STATE BANK FAILS. It Was Conducted by the Wheelers, Formerly of Seattle. Whatcom, Sept. 30.-The Blaine State bank of Blaine, of which H. W. Wheeler is president and E. R. Wheeler cashier, went into the hands of a receiver this afternoon upon application of c. H. Stone, of Seattle, one of the stockholders, based upon affidavits of the other three directors. It was the only bank in Blaine, and was the successor to the Blaine National, which suspended about a year ago. The assets and liabilities are not stated. Lester W. David, postmaster at Blaine, was appointed receiver.


Article from San Antonio Daily Light, October 1, 1895

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Article Text

Bank Failure. NEW WHATCOM, Wash., Oct. 1. -The Blaine state bank at Blaine, Wash., of which H. W. Wheeler is president and E. R. Wheeler cashier, went into the hands of Lester W. David, postmaster of Blaine, as receiver yesterday on application of S. H. Stone, of Seattle, one of the stockholders. The liabilities and assets are not stated.


Article from The Providence News, October 1, 1895

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Article Text

A Bank in Trouble. NEW WHATCOM, Wash., Oct. 1.-The Blaine State Bank of Blaine, Washington, of which H. W. Wheeler is president, and E. R. Wheeler, cashier, has gone into the hands of a receiver on application of C. H. Stone of Seattle, Wash., cne of the stockholders, based upon the affidavits of the other directors. The assets and liabilities are not stated. Lester W. David, postmaster at Blaine, was sppointed receiver.


Article from Capital Journal, October 1, 1895

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Article Text

Another Failure. NEW WHATCOM, Oct. 1.-The Blaine state bank of Blaine, of which H. W. Wheeler is president and E. R. Wheeler cashier, has gone into the hands of a receiver. Assets and liabilities not stated. It was the only bank in Blaine and Was a successor to the Blaine National bank which suspended one year ago.


Article from The Herald, October 1, 1895

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Article Text

The Blaine Bank Broken NEW WHATCOM, Wash., Sept. 30.The Blaine State bank of Blaine. Wash., of which H. w. Wheeler is president and E. R. Wheeler cashier, went into the hands of a receiver this afternoon upon the application of C. H. Stone of Seattle, one of the stockholders, based upon affidavits. of the other three directors. It was the only bank in Blaine and was the successor to the Blaine National, which suspended about a year ago. The assets and liabilities are not stated. Lester W. David, postmaster at Blaine, was appointed receiver.


Article from The Daily Morning Astorian, October 1, 1895

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Article Text

BANK FAILURE. New Whatcom, Sept. 30.-The Blaine State Bank, of Blaine, of which H. W. Wheeler is president and E. R. Wheeler cashier, went into the hands of a receiver today. The assets and liabilities are not stated. It was the only bank in Blaine and was successor to the Blaine National Bank which suspended a year ago.


Article from Aberdeen Herald, October 3, 1895

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Article Text

NEWS OF THE STATE. The Blaine State Bank, of Blaine, has suspended. Both houses of the Seattle council have ordered street car and electric light wires to be placed under ground. The number of men employed in fishing on Willapa harbor and its tributaries this fall is nearly double what it was last year, and big fish are plentiful. A convention of miners is in session this week at Spokane. with the object of advancing the interests of the miners, and of the mines, one of the principal sources of wealth of the state. Charles E. Myers, the murderer of Frank Sherry, was hanged at Walla Walla, Monday. Myers set fire to the City hotel in Asotin, two years ago, in order to burn his divorced wife. The wife escaped but Sherry perished. Another big enterprise is projected by Seattle parties. It is to use the Cedar river to furnish power to generate electricity sufficient to furnish Seattle and Tacoma with all their power; also to use part of the water to supply the city of Seattle. John McClelland, of Olympia, spent four days in a gulch in the Olympic mountains, recently, without food or fire, having lost his footing and slipped into it while hunting. He was nearly dead from hunger and cold when found by his companions. The Northern Pacific car shops at Edison showed a pay roll of $21,000 for August, affording employment to 375 men. The shops are now turning out the fourth order for 100 freight cars, which are constructed entirely of home product except the end sills, which are of oak. f Those under construction are monsters, and will hold 70,000 pounds.


Article from The Seattle Post-Intelligencer, October 9, 1895

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Article Text

David Ordered to Deliver the Books. The only new development in the conflicting receiverships of the Blaine Nation bank and the Blaine State bank Was an order from Judge Hanford given to Receiver Emmons. of the National bank, requiring Receiver Lester W. David, of the State bank, to deliver to Receiver Emmons certain books claimed to belong to the National bank, or show cause for not doing so by next Monday.


Article from The Seattle Post-Intelligencer, October 22, 1895

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Article Text

Blaine Bank Case Argued. In the case of the Blaine National bank against Lester W. David, receiver of the Blaine State bank, a motion to vacate the order appointing a receiver of the National bank was argued and submitted to Judge Hanford yesterday. The argument was upon the jurisdiction of the Federal court, and Judge Hanford will hand down his decision today. J. T. Ronald. David's counsel, contended that the court had no jurisdiction in the case, because all the parties to the suit are domiciled in the state. He claimed that the appointment was in the interest of the Wheelers.


Article from The Seattle Post-Intelligencer, November 9, 1895

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Article Text

# PERSONAL. H. B. Brokaw, a merchant of Stanwood, is at the Butler. A. W. Coleman went to Whatcom yesterday on business. Ex-Judge J. N. Scott, of Port Townsend, is at the Northern. Mr. and Mrs. F. D. Neville, of Tacoma, are at the Tremont. Mayor J. L. Roberts, of Walla Walla, is staying at the Butler. Capt. D. F. Tozier, of the revenue cutter Grant, is at the Northern. Dr. L. L. Porter, the physician of the Roslyn mines, is at the Diller. Lester W. David, the receiver of the Blaine State bank, is at the Butler. Mrs. Harvey, son and daughter, of Fairhaven, are staying at the Butler. Mrs. M. P. Benton returned last evening from a visit to relatives at Walla Walla. E. S. Rothschild, member of the firm of Rothschild Bros., Portland, is at the Butler. E. A. Mackay, who is soon to start a glass factory in this city, is staying at the Northern. W. H. Llewellyn will represent the state at the grangers' convention to be held in Boston November 14. George H. Smith, of the firm of H. G. Foster & Co., shinglemen of Tacoma, is staying at the Northern. Register W. D. O'Toole, of the United States land office, is quite sick at his residence on Rochester avenue. J. F. Richardson and John Swanson, two well-to-do farmers of Fir, on the Skagit river, are at the Diller. E. H. Ammidown, president of the Seattle Power Company, returned yesterday from New York, where he has been on business for the company. Rev. G. R. Wallace, pastor of the First Congregational church at Portland, is the guest of Mr. and Mrs. W. T. Wickware, at 1411 Seventh street. Hon. George B. Kandle, ex-mayor of Tacoma, is registered at the Diller. H. M. Lillis, ex-chief of the Tacoma fire department, is at the same hostelry. Miss Rose Coghlan and her company came in on the Great Northern coast line from Vancouver, B. C., yesterday afternoon, and are staying at the Rainier-Grand. Capt. Henry W. K. Ayres, who is now a resident of Port Angeles but is an old Seattleite and at one time was proprietor of the Seattle Daily Post, is on a visit to the city. Dr. and Mrs. Rufus H. Smith and child left yesterday for Chicago, where the doctor will take charge of the Lakeside hospital. Their departure is regretted by many friends in this city.


Article from The Seattle Post-Intelligencer, January 22, 1896

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Article Text

# WHEELER GETS OUT OF COURT Does Not Prove Malice and Is Therefore Non-Suited. H. W. Wheeler will recover nothing from C. P. Stone in the suit for $50,000 damages for alleged injury to his reputation, due to statements in an affidavit filed in Judge Wian's court, Whatcom county. The case went out of Judge Humes' court shortly before noon yesterday on a motion for a non-suit. Wheeler was the only witness put on the stand. In granting the motion, Judge Humes said: "There is evidence here tending to show that the matter complained of was not pertinent to the legal proceedings in question, that the publication was not absolutely privileged. If words in themselves are actionable and the publication not privileged, malicious intent in publishing is an inference of law, and therefore needs no proof. But where the circumstances of the publication are conditionally privileged; that is, where the circumstances of the publication are such as to repel the inference of malice and excluding liability of defendant, unless upon proof of actual malice, the plaintiff must furnish such proof. This in my opinion is the rule that must govern in this case. The motion for a non-suit is granted." The action is one of a number growing out of the involved litigation following the appointment of a receiver for the Blaine State bank, and the collapse of numerous corporations in which Wheeler was either an officer or with which he had intimate business relations.