First National Bank (Olympia, WA)

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Bank Failure at Olympia

OLYMPIA (Wash.), Jan. 26. - The First National Bank of Olympia closed its doors to-day because of the withdrawal of $50,000 State funds, which precipitated a run. The liabilities of the bank are said to be $100,000 and the assets $30,000. The directors of the bank assert that depositors will be paid in full.

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Washington Bank Closes

Olympia, Wash., Jan. 26.-The First National Bank of Olympia closed its doors today because of the withdrawal of $30,000 state funds, which precipitated a run. The liabilities of the bank are said to be $100,000 and the assets $230,000. The directors of the bank assert that depositors will be paid in full.

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BANK SUSPENSION

Olympia, Washn.. Jan. 27.-The following notice was posted on the door of the First National bank as the first announcement of its suspension: "Owing to unexpected heavy withdrawals of deposits. this bank is compelled to suspend until we can realize on other assets. Depositors will not lose a dollar. "A A. PHILLIPS, President." Mr. Phillips stated the immediate cause of the suspension was the withdrawal by the state treasurer of $35,000 of state money. This frightened other depositors. who made a run on the bank forcing it to close its doors. The state deposits were withdrawn Jan. 19th. The liabilities of the bank are $100,000. of which $35,0000 are individual deposits of citiin town this and zens county. The assets are stated to be $226,000, a large amount of which can be realized very soon.

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Bank Failure

OLYMPIA, Wash., Jan. 27.-The First National Bank of Olympia closed its doors yesterday because of the with. drawal of $30.000 State funds, which precipitated a run. The liabilities of the bank are said to be $100,000 and the assets $230,000. The directors of the bank assert that the depositors will be paid in full.

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Washington Bank Closes

Olympia, Wash., Jan. 26.-The First National Bank of Olympia closed its doors today because of the withdrawal of $30,000 state funds, which precipitated a run. The liabilities of'the bank are said to be $100,000 and the assets $230,000. The directors of the bank assert that depositors will be paid in full.

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AN OLYMPIA BANK CLOSED

Withdrawal of State Funds Precipitated a Run. Olympia, Wash., Jan. 26.-The First National Bank of Olympia closed its doors to-day because of the withdrawal of $30,000 in state funds, which precipitated a run. The liabilities of the bank are said to be $100,000, and the assets $230,000. The directors of the bank assert that the depositors will be paid in full.

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RUN CAUSED IT

First National Bank of Olympia Suspends. Run Precipitated by Withdrawal of State Funds. Bank Officers Say That Depositors Will Not Lose a Dollar. OLYMPIA, Wash., Jan. 27.-The following notice was posted on the door of the First National Bank as the first announcement of the suspension: "Owing to unexpected heavy withdrawals by deposits, this bank is compelled to suspend until we can realize on our assets. Depositors will not lose a dollar." (Signed) A. A. PHILLIPS, President. Mr. Phillips stated that the immediate cause of the suspension was "the withdrawal of the State treasurer of $35,000 of State money. This frightened other depositors, who made a run on the bank, foreing it to closed its doors. The State deposits were withdrawn Jan. 1. The liabilities of the bank are $100,000. $75,000 teing individual deposits of residents of this town, and county. The assets are stated to be $226,000, A large amount of which can be realized on very soon.

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Otympia Bank Closes Its Doors

OLYMPIA, Wash., Jan. 27.-The First National Bank of Olympia closed its doors yesterday. Its liabilities are $100,000 and assets $230,000. It is claimed the cause of the suspension was the withdrawal of $30,000 State funds, which alarmed small depositors, who then also withdrew their money. Officials say they will be able to pay depositors in full.

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First National Bank of Olympia Closed. OLYMPIA, Wash., Jan. 26-The first National bank of this city closed its doors this morning and the following notice was posted: "Owing to unexpected and heavy withdrawals of deposits, this bank 18 compelled to suspend until we can realize on our assets. Depositors will not lose a dollar. "A, A. PHILLIPS, president."

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Bank Failure, OLYMPIA, Wash., Jan. 27.-The First National Bank of Olympia closed its doors yesterday because of the withdrawal of $30,000 State funds, which precipitated a run. The liabilities of the bank are said to be $100,000 and the assets $230,000.

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A. A. PHILLIPS APPOINTED. Receiver of the First National Bank of Olympia. WASHINGTON, Feb. 17.-Comptroller of the Currency Eckels has appointed A. A. Phillips receiver of the First National bank, of Olympia, Wash.

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Receiver Phillips in Charge

OLYMPIA, Feb. 19.-On instructions from Comptroller Eckels, Examiner Cleary today turned over the First National bank to Receiver A. A. Phillips.

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IN the Superior Court of Thurston county, Washington. A. A. Phillips, as Receiver of the First National Bank of Olympia, Plaintiff. Summons. vs. Joseph W. Robinson, Defendant.

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IN the Superior Court of Thurston county, Washington.

A. A. Phillips, as Receiver of the First National Bank of Olympia, Plaintiff. vs. Joseph W. Robinson, et al. Defendants. Summons.

The State of Washington to said defendant, Joseph W. Robinson:

You are hereby summoned to appear within sixty days after the date of the first publication of this summons, to-wit: within sixty days after the 30th day of April, 1897, and defend the above entitled action in the above entitled Court, and answer the amended complaint of the plaintiff, and serve a copy of your answer upon the undersigned, attorney for plaintiff, at his office below stated, and in case of your failure so to do judgment will be rendered against you according to the demand of the complaint, which has been filed with the Clerk of said Court. The object of said action is to foreclose two mortgages given by you to The First National Bank of Olympia on real estate situated in Thurston county, Washington, one to secure the payment of your note to said bank of date the 27th day of January, 1891, for $4,205.32, on which there is now due the sum of $2,405.32, with interest thereon from the 18th day of August, 1894, and the other as additional security for said note and also as security for the payment of your note to said bank of date the 14th day of February, 1893, for the sum of $4,440.64, with interest from date, and your note to said bank of date the 18th day of August, 1894, for the sum of $1,233.36, with interest from date, together with attorney's fees, interest and costs, all of which notes are past due.

Said real estate is described as follows, to-wit: The undivided one-fourth of lots one (1) and two (2), in block thirty-four (34), and lot three (3), in block twenty-four (24), of the city of Olympia, as the same are described on the official plat of said city; also an undivided one-third of the land bounded by a line commencing at the south-east corner of the Billings' Donation Claim Number 37 in township nineteen (19) north of range two (2) west of W. M.; thence north 14 chains; thence west 5 chains; thence north 10 chains; thence west 7.50 chains; thence north 8 chains; thence west 12.50 chains; thence south 32 chains; thence east 25 chains to the place of beginning, containing forty-three and one-third acres; also all of lots numbered 1, 2, 3, 4 and 5 in section 8, township 18 north of range 3 west of W. M.; containing 163.10 acres; also an undivided one-fourth of lots 3 and 4 and the east half of the southwest quarter of section 33 in township 19 north of range 2 west of W. M., containing 153.50 acres; also all of the SW ¼ of the NE ¼ and the W ½ of the SE¼ and the SE ¼ of the SW ¼ of Sec. 10, Towuship 18 N, R 4 West of W. M., containing 160 acres.

T. N. ALLEN, Attorney for Plaintiff. P. O. address: Olympia, Thurston county, Washington. Date of first publication, April 30, 1897.

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IN the Superior Court of Thurston county, Washington. A. A. Phillips, as Receiver of the First National Bank of Olympia, Plaintiff. Summons. VS. Joseph W Robinson et al

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Notice of Sheriff's Sale

ON SPECIAL EXECUTION.

SUPERIOR COURT State of Washington, in and for Thurston county. A. A. Phillips, as Receiver of the First National Bank of Olympia, Plaintiff, vs. Joseph W. Robinson, Daniel Gaby, Samuel Willey, Ellen T. McCabe and City of Olympia, Defendants.

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Notice of Sheriff's Sale

ON SPECIAL EXECUTION.

SUPERIOR COURT State of Washington, in and for Thurston county.

A. A. Phillips, as Receiver of the First National Bank of Olympia, Plaintiff, vs. Alden H. Steele and Hannah H. Steele, his wife, Defendants.

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UPERIOR COURT State of Washington, in S and for Thurston county. A.A. Phillips, as Receiver of the First National Bank of Olympia, Plaintiff, -