Firm made an assignment for benefit of creditors (assigned to G. W. Chase) and ceased operations.
Newspaper Excerpt
The well-known banking house of G. Haywood and Son assigned today to G. W. Chase.
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newspapers
same day
2.June 25, 1895Receivership
Newspaper Excerpt
The well-known banking house of G. Haywood and Son assigned today to G. W. Chase.
Source
newspapers
Newspaper Articles (10)
1.June 26, 1895The Wichita Daily EagleWichita, KS
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Clinton, Ia. June 25.βThe well-known banking house of G. Haywood and Son assigned today to G. W. Chase. Liabilities are about $180,000; assets, $270,000. It is thought that all claims will be liquidated.
2.June 26, 1895St. Paul Daily GlobeSaint Paul, MN
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Iowa Bankers Assign
CLINTON, Io., June 25.-The wellknown banking house of G. Haywood & Son assigned today to C. W. Chase. The liabilities are about $160,000; assets, $270,000. It is thought that all claims will be liquidated dollar for dollar.
3.June 26, 1895Omaha Daily BeeOmaha, NE
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Clinton Banking Firm Assigns
CLINTON, Ia., June 25.-The well known banking house of G. Haywood & Son assigned today to G. W. Chase. Liabilities. $180,000; assets, $270,000. It is said that all claims will be liquidated dollar for dollar.
4.June 27, 1895The Sauk Centre HeraldSauk Centre, MN
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Iowa Bankers Assign
CLINTON, Ia., June 27.-The well known banking house of G. Haywood & Son has assigned to C. W. Chase. Liabilities are about $160,000; assets, $270,000. It is thought that all claims will be liquidated dollar for dollar.
5.June 27, 1895The Pioneer PressMiller, SD
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Iowa Bankers Assign
CLINTON, Ia., June 27.-The well known banking house of G. Haywood & Son has assigned to C. W. Chase. Liabilities are about $160,000; assets, $270,000. It is thought that all claims will be liquidated dollar for dollar.
6.June 27, 1895The Madison Daily LeaderMadison, SD
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Iowa Bankers Assign
CLINTON, Ia., June 27.-The well known banking house of G. Haywood & Son has assigned to C. W. Chase. Liabilities are about $160,000; assets, $270,000. It is thought that all claims will be liquidated dollar for dollar.
7.June 27, 1895The Seattle Post-IntelligencerSeattle, WA
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An Iowa Bank Falls
Clinton, la., June 26.-The well-known banking house of G. Haywood & Son has assigned to G. W. Chase. The liabilities are about $180,000; assets, $270,000. It is thought all the claims will be liquidated
8.June 28, 1895The Cambria FreemanEbensburg, PA
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A Banking House Fails
CLINTON, Ia., June 26.-The wellknown banking house of G. Haywood & Son has assigned to J. W. Chase. Liabilities are about $160,000; assets, $270,000. It is thought that all claims will be liquidated dollar for dollar.
9.June 28, 1895Little Falls Weekly TranscriptLittle Falls, MN
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Iowa Bankers Assign
CLINTON, Ia., June 26.-The well known banking house of G. Haywood & Son has assigned to C. W. Chase. Liabilities are about $160,000; assets, $270,000. It is thought that all claims will be liquidated dollar for dollar.
10.June 29, 1895The Dickinson PressDickinson, ND
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Iowa Bankers Fail
Clinton. Iowa, June 27.-The well known banking house of G. Haywood & Son assigned to-day to C. W. Chase. : Liabilities are about $160,000. Assets, $270,000. It is thought that all claims will be liquidated dollar for dollar.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.