First National Bank (Griswold, IA)

Episode Information

Episode Type
Suspension β†’ Closure
Start Date
February 4, 1897
Location
Griswold, Iowa (41.235, -95.137)
Bank Type
national
Charter Number
3048

Metadata

Receivership Details

Depositor recovery rate
82.0%
Date receivership started
1897-02-17
Date receivership terminated
1903-09-30
OCC cause of failure
Excessive lending
Share of assets assessed as good
6.8%
Share of assets assessed as doubtful
57.8%
Share of assets assessed as worthless
35.4%

Events (4)

1. September 15, 1883 Chartered
Source
historical_nic
2. February 4, 1897 Suspension
Cause
Government Action
Cause Details
Cash on hand fell below legal reserve and the Comptroller advised the bank to close pending examination.
Newspaper Excerpt
Griswold, Feb. 4.-The First National bank of this place failed today. ... The cash on hand had run below the legal reserve and the advice from the Comptroller of the Treasury was to close and await the coming of a national bank examiner.
Source
newspapers
3. February 17, 1897 Receivership
Newspaper Excerpt
Receiver Appointed. Washington, Feb. 17-Cemptroller of Currency Eckels today appointed John F. Hendricks receiver for the First National bank of Griswo d, Iowa.
Source
newspapers
4. February 17, 1897 Receivership
Source
historical_nic

Newspaper Articles (21)

Article from Audubon County Journal, February 4, 1897

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Griswold, Feb. 4.-The First National bank of this place failed today. The capital stock of the bank is $50,000. At the date of the last report, Thursday, December, 17, its total liabilities were $80,000 and the surplus $10,000. The total assets of the bank, including bonds were given at $147,000. The cash on hand had run below the legal reserve and the advice from the Comptroller of the Treasury was to close and await the coming of a national bank examiner. The deposits were reduced to $40,000 at the time of the failure. Thomas H. Brown is President of the bank. Several firms in Griswold may be forced to an assignment as a result of the closing.


Article from The Providence News, February 4, 1897

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AN IOWA BANK FAILS. First National of Griswo'd SuspendsIts Capital Was $50,000. Washington, Feb. 4.-The comptroller of currency has received a telegram from Griswold, Ia., announcing the failure of the First National Bank of that place. The capital of the bank is $50,000. At the date of the last report, December 1, t he total liabilities were $80,000 and its surplus $10,000. The total assets of the bank, including bonds, were given at $ 147,000.


Article from Wheeling Register, February 5, 1897

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FOUR FAILURES. WASHINGTON February 4.-The comptroller of the currency has received a telegram from Griswold, Iowa, announcing the failure of the First National Bank of that place. The capital of the bank is $50,000. At the date of the last report. December 17. its total libilities were $80,000 and its surplus $10,000. The total assets of the bank, including bonds, were given a: $147,000. PHILADELPHIA, February 4.-John Lee. a yarn manufacturer of this city, has made an assignment to James H. Lee. The liabilities are placed at $43,000. Mr. Lee says the failure was caused by the general business depression. CINCINNATI, O., February 4. -The Consoldiated Ice and Refrigerator Company assigned to-day to Tilden R. French. Liabilities estimated at $81,000: assets $10,000. Immediate cause was suit by W. P. Callahan & Co., of Dayton, to recover $30,000 for merchandise furnished. No preferences were given. BALTIMORE, February 4. -Wm. H. Crawford & Co., wholesale spices, to-day assigned.


Article from Pine Bluff Daily Graphic, February 5, 1897

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A bill has been introduced in the Missouri Legislature making it a felony punishable by five years imprisonment for a married man to be found guilty of matrimonial intidelity under any circumstances whatever. Another bill has also been introduced to fine railroad conductors and brakemen for flirting with female passengers. The First National Bank at Griswold, Ia., has failed. The Cincinnati Consolidated Ice Refrigerator Co. has assigned. Senator Wolcott, of Colorado, is still in Europe tryingito pull off an international monetary agreement. Clarendon is to have a shoe-last factory.


Article from Semi=weekly Graphic, February 6, 1897

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A bill has been introduced in the Missouri Legislature making it a felony punishable by five years imprisonment for a married man to be found guilty of matrimonial infidelity under any circumstances whatever. Another bill has also been introduced to fine railroad conductors and brakemen for flirting with female passengers. * * * The First National Bank at Griswold, Ia., has failed. The Cincinnati Consolidated Ice & Refrigerator Co. has assigned. * * * Senator Wolcott, of Colorado, is still in Europe trving to pull off an international monetary agreement. * * Clarendon is to have a shoe-last factory. # Very sensational charges were before the Senate temperance committee Monday relative to the repeal of the four-mile law at Jonesboro. Canton continues to be the Mecca of political pie hunters. The German Lloyd steamship lobby is doing all within its power to defeat the anti-foreign immigration bill now before Congress. The Pennsylvania State Capitol building at Harrisburg was totally destroyed by fire Monday afternoon and is now a mass of ruins. # * Twenty-thousand people in the drouth-stricken district of Northern Louisiana are reported to be in f dire want and distress.


Article from The Ely Miner, February 10, 1897

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Railroad company have elected Frank Thomson, of Philadelphia, as president of the company to succeed George B. Roberts, deceased. Johnson Harris and William Littling, both white men, fought a duel near Arbeka, O. T., over the affections of Wannetta, a pretty half-breed Indian girl, and were both killed. The entire business portion of the town of Pleasureville, Ky., was wiped out by fire. The house of representatives, by a vote of 77 to 42, passed a bill prohibiting the playing of baseball on Sunday in Missouri. A bill providing for the creation of a cabinet position to be filled by a secretary of labor was discussed by the house committee on labor in Washington. After years of hard work it is now said that the post office authorities in New York have succeeded in running to earth a band of thieves which has been robbing the government of stamps at the rate of about $100,000 a year for many years back. Mr. and Mrs. John Brohnamann and two sons, living near North Branch, Minn., were suffocated by carbon dioxide, due to a fire in a closed root house. The Sac and Fox agency in Oklahoma was raided by outlaws and three citizens were killed and Agent Thomas badly wounded. Five thousand Christian Endeavorers celebrated the sixteenth anniversary of the society at Boston. Benjamin Henderson, a wealthy ranch owner near Ukiah, Cal., was murdered by a Mexican laborer. Robert Morton (colored) was hanged by a mob near Rockfield, Ky., for writing an insulting note to Miss Tommie Johnson, popular white woman. With the Chinese New Year the Six Companies, the most powerful and richest Chinese organization in America, went out of existence in San Francisco. William H. Crawford & Co., wholesale dealers in spices at Baltimore, Md., made an assignment with liabilities of $150,000. Col. Robert E. Crofton, Fifteenth infantry, has been arbitrarily relieved by order of the president. Investigation shows there are over 50 families at the Belmont coal mines near Bellaire, O., suffering for the necessities of life and some are almost actually starving. As the result of the excessive use of cigarettes, Harry Woods; a boy 13 years of age, was declared insane at Vincennes, Ind. An ice gorge broke and swept away the wharves at Richmond, Va., taking vessels from their moorings and doing great damage. Edward J. Ivory, who was arrested on a charge of complicity in a dynamite conspiracy in England, arrived in New York. The First national bank of Griswold, Ja., suspended with liabilities of $80,000. The national good roads congress in session at Orlando, Fla., effected a permanent organization, and Gen. Roy Stone, of Washington, was elected president. Maas & Schwarz, cotton factors at Selma, Ala., failed for $300,000.


Article from Audubon County Journal, February 11, 1897

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IOWA CONDENSED. Mayor McVicar of Des Moines wants the city council to economize. Burlington dispatch: Forsix months Henry Krekel has been lying in jail with the charge of murder opposite his name on the prison calendar. He was bound over to the grand jury on this charge, and the grand jury found a true bill against him. Now comes the surprising news that there is no evidence against him upon which a conviction could be secured, and Judge Smythe has discharged the prisoner from custody. The First National Bank of Griswold closed its doors a few days ago. The cash on hand had run below the legal reserve and the advice from the comptroller of the treasury was to close and await the coming of a national bank examiner. The deposits were reduced to $40,000 at the time of the failure. The capital stock was $50,000, and the bank will pay out in full. Thomas H. Brown is president of the bank. Several firms in Griswold may be forced to an assignment as a result of the closing. Des Moines dispatch: The Chicago Great Western railroad authorizes the announcement that the company will grant the feeding in transit privilege to shippers of stock, in Iowa, under certain conditions, concerning which any of the representatives of their freight department will be glad to furnish the necessary information. The Keokuk & Western has taken like action and favorable action is looked for by the Chicago & Northwestern, Chicago, Milwaukee & St. Paul. Minneapolis & St. Louis, Illinois Central, and Chicago, Burlington & Quincy, all of which roads seem favorably impressed with the scheme suggested by Mr. Wallace.


Article from The Flagstaff Sun-Democrat, February 11, 1897

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were starving to death and would have to be sustained during the unfruitful season. The state has already expended $65,000 for provisions for the sufferers. THE Northwestern national bank of Great Falls, Mont., on the 5th posted a notice announcing its suspension. The board of directors and officers charge that the trouble is due to a defalcation on the part of the cashier, Benton D. Hatcher, of $180,000. A REPORT was received at Vienna on the 5th of the massacre of 1,500 Christians in the villages of the islands of Crete by Turkish troops. THE number of failures in the United States for the week ended the 5th were 305, according to Bradstreet's report, as compared with 326 the previous week and 338 in the corresponding week of last year. THE Connecticut legislature voted down a resolution calling upon congress to recognize the independence of the Cuban republic. AN unconfirmed report reached Guthrie, Ok., on the 4th that the Sac and Fox Indian agency had been raided by outlaws, resulting in the killing of three men and the wounding of the agent, Gen. Thomas. The telephone wires were cut. A payment of $26,000 was in progress at the agency. CHARGES have been preferred against Agent Pearson, who has charge of the Pottawatomie Indians in Kansas. Itis said that he has been remarkably derelict and that the law has been frequently violated on the reservation under his charge. THE Oklahoma house passed the marriage contract bill. It prohibits the intermarriage of whites and negroes or Indians, and especially prohibits that no man shall marry his own mother-in-law. REV. DR. JOHN A. BROOKS, a wellknown divine of the Christian church and prohibitionist candidate for the vice presidency in 1888, died at Memphis, Tenn., on the 3d of heart failure superinduced by paralysis. THE British steamer Jason, which arrived at New York from Jamaica, picked up the crew of ten men of the sinking schooner Mary Sprague near Crooked island passage and brought them to New York. WHILE exercising on the rings in the gymnasium of the Twelfth regiment armory at New York Robert Marmont fell to the floor and was killed instantly. The distance was only six feet, but his neck was broken. THE recent wreck of the Great Northern passenger train near Wenatchee, Wash., came near being one of the most disastrous of railroad casualties. A tourist car containing 32 persons, including 11 babes, caught fire. The car was hurled into an embankment of snow. It was only after the greatest exertions that the inmates liberated themselves by breaking the windows. JOHN LANE, of Grand Rapids, Mich., in consideration of $25 has, under written agreement, sold and released his wife to James H. Hurst. All concerned were celebrating the event on the 4th. JOSEPH L. RAWLINS was elected at Salt Lake City on the 3d on the 53d ballot as United States Senator for Utah. THE First national bank, of Griswold, Ia., has failed. Assets, $147,000; liabilities, $80,000. THREE raftsmen, John Adkins, Samuel Weddington and Jonas Blevins, were drowned in Pike county, Ky., by the breaking of a log boom in the ice run. The dangerous condition of the river prevented any attempt at recovering the bodies. A SPECIAL to the Chicago News from Washington on the 3d said that at the request of Maj. and Mrs. McKinley no wine nor other intoxicant will be sold at the inaugural ball. As John Shinaman, of Greenhead, Ok., was going home from town after dark he heard coal oil dropping out of a can in his wagon and lit a match to investigate. The oil in the straw ignited, burning the wagon, killing the team and fatally burning Shinaman. A FIRE gutted the Arnold block at Amsterdam, N. Y., on the 3d. Loss, $75,000; fully insured. THE schooner Biscayne was wrecked off the Florida coast by the explosion of a gas engine and the captain, mate and a sailor were drΓΈwned in the surf. IT was currently reported at Canton, O., on the 2d that there were over 100


Article from The Worthington Advance, February 11, 1897

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Col. Robert E. Crofton, Fifteenth infantry, has been arbitrarily relieved by order of the president. Edward J. Ivory, who was arrested on a charge of complicity in a dynamite conspiracy in England, arrived in New York. The First national bank of Griswold, Ja., suspended with liabilities of $80,000. The national good roads congress in session at Orlando, Fla., effected a permanent organization, and Gen. Roy Stone, of Washington, was elected president. Maas & Schwarz, cotton factors at Selma, Ala., failed for $300,000. There were 311 business failures in the United States in the seven days ended on the 5th, against 331 the week previous and 323 in the corresponding period of 1896. The exchanges at the leading clearing houses in the United States during the week ended on the 5th aggregated $1,047,109,766, against $961,245,228 the previous week. The increase compared with the corresponding week of 1896 was 4.9. The president sent to congress the complete report of the World's Columbian Exposition commission. The First national bank of Franklin, O., suspended with liabilities of $75,000. The Northwestern national bank at Great Falls, Mont., closed its doors with liabilities of $700,000: assets, $750,000. John K. Gowdy, chairman of the Indiana republican state committee, announces that he has been appointed and has accepted the post of consul general to Paris. Joe Richie and John Thomas, stonemasons, were killed in a premature dynamite explosion at Frankfort, Ky. Anderson Parker, a farmer of Rock Castle county, Ky., in a drunken rage struck his wife and fractured her skull with a club. He then shot his son through the wrist, when the boy secured a revolver and killed his father. Cashier C. E. Breder. of the First national bank of Bethlehem, Pa., was said to be a defaulter to the extent of $15,000. Thirty thousand people in the towns east of Shreveport, La., are said to be in a starving condition. Charles Radbourne, the famous baseball pitcher, so long identified with the National League clubs of Providence and Boston, died in Bloomington, III., aged 43 years. A revival of industry is beginning in the Monongabela (Pa.) valley, over 4,000 men having been given work in the past week. In a collision between freight trains on the Louisville & Nashville railroad near Montgomery. Ala., Sink Kirkland, engineer, and Brakeman Weller were killed and the fireman fatally hurt. A severe earthquake shock was felt at Bengles and Chase's stations in Maryland and also at Baltimore. After a quarrel with her husband the wife of Robert Cort, a well-to-do rancher living near Big Timber, Mont., drowned her three children and herself. A large portion of the business part of Shellrock, Ia., was destroyed by fire. Judge Goff, of West Virginia, has, it is said, declined a cabinet appointment because of his wife's poor health. John Hardisty and Miss Cora Akers were killed by the cars near Caliente, Cal., while gathering wild flowers. The president has signed an order reducing the number of pension agencies in the United States from 18 to 9. In a freight train wreck near Tolono, III., 30 fine horses were killed and five cars of merchandise destroyed. The New York Central's four-track steel drawbridge over the Harlem river in New York, the largest bridge of the kind in the world, has been completed. It cost over $3,000,000,and work was begun on it September 1, 1895.


Article from River Falls Journal, February 11, 1897

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WEST AND SOUTH. The Missouri house of representatives passed a bill prohibiting the playing of baseball on Sunday in the state. Harry Woods, a boy 13 years of age, was declared insane at Vincennes, Ind., as the result of the use of excessive cigarettes. At Richmond, Va., an ice gorge broke and swept away the wharves, taking vessels from their moorings and doing great damage. The doors of the First national bank of Griswold, Ta., were closed with liabilities of $80,000. At their home in Rockford. III., the three daughters of William Bate were married at the same time. 1 ne couples were Miss Laura Bate to George Chapman, Miss Blanche Date to Rev. G. W. B. Marsh, and Miss Anna Bate to Clyde Safford. In Baltimore William H. Crawford & Co., wholesale dealers in spices, made an assignment with liabilities of $150,000. By order of the president Col. Robert E. Crofton, Fifteenth infantry, has been arbitrarily relieved. In session at Orlando, Fla., the national good roads congress effected a permanent organization, and Gen. Roy Stone, of Washington, was elected president. There are over 50 families at the Belmont coal mines near Bellaire, O., suffering for the necessities of life and some are almost actually starving. John Brohnamann and his wife and two sons, living near North Branch, Minn., were suffocated by carbon dioxide, due to a fire in a closed root house. At her home in Fairbury, Ill., Mrs. Mary Wray celebrated her 105th birthday anniversary. Her eyesight is good and she is able to assist in doing the housework. In Oklahoma the Sae and Fox agency was raided by outlaws and three citizens were killed and Agent Thomas badly wounded. A mob banged Robert Morton (colored) near Rockfield. Ky., for writing an insulting note to Miss Tommie Johnson, a popular white woman. The Six Companies, the most powerful and richest Chinese organization in America, went out of existence in San Francisco with the Chinese New Year. At Franklin, O., the First national bank suspended with liabilities of $75,000. At Great Falls, Mont., the Northwestern national bank closed its doors with liabilities of $700,000; assets, $750,000. John Thomas and Joe Richie, stonemasons, were killed in a premature dynamite explosion at Frankfort, Ky. In a drunken rage Anderson Parker, a farmer of Rock Castle county, Ky., struck his wife and fractured her skull with & club. He then shot his son through the wrist, when the boy secured a revolver and killed his father. In the towns east of Shreveport, La., 20,000 people are said to be in astarving condition. The famous baseball pitcher, Charles Badbourne, so long identified with the National League clubs of Providence and Boston, died in Bloomington, Ill., aged 43 years. At Bengles and Chase's stations in Maryland and also at Baltimore a severe earthquake shock was felt.


Article from Warren Sheaf, February 11, 1897

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The directors or une Seumsyana Railroad company have elected Frank Thomson, of Philadelphia, as president of the company to succeed George B. Roberts, deceased. Johnson Harris and William Littling, both white men, fought a duel near Arbeka, O. T., over the affections of Wannetta, a pretty half-breed Indian girl. and were both killed. The entire business portion of the town of Pleasureville, Ky., was wiped out by fire. The house of representatives, by a vote of 77 to 42, passed a bill prohibiting the playing of baseball on Sunday in Missouri. A bill providing for the creation of a cabinet position to be filled by a secretary of labor was discussed by the house committee on labor in Washington. After years of hard work it is now said that the post office authorities in New York have succeeded in running to earth a band of thieves which has been robbing the government of stamps at the rate of about $100,000 a year for many years back. Mr. and Mrs. John Brohnamann and two sons, living near North Branch, Minn., were suffocated by carbon dioxide, due to a fire in a closed root house. The Sac and Fox agency in Oklahoma was raided by outlaws and three citizens were killed and Agent Thomas badly wounded. Five thousand Christian Endeavorers celebrated the sixteenth anniversary of the society at Boston. Benjamin Henderson, a wealthy ranch owner near Ukiah, Cal., was murdered by a Mexican laborer. Robert Morton (colored) was hanged by a mob near Rockfield, Ky., for writing an insulting note to Miss Tommie Johnson, popular white woman. With the Chinese New Year the Six Companies, the most powerful and richest Chinese organization in America, went out of existence in San Francisco. William H. Crawford & Co., wholesale dealers in spices at Baltimore, Md., made an assignment with liabilities of $150,000. Col. Robert E. Crofton, Fifteenth infantry, has been arbitrarily relieved by order of the president. Investigation shows there are over 50 families at the Belmont coal mines near Bellaire, O., suffering for the necessities of life and some are almost actually starving. As the result of the excessive use of cigarettes, Harry Woods, a boy 13 years of age, was declared insane at Vincennes, Ind. An ice gorge broke and swept away the wharves at Richmond, Va., taking vessels from their moorings and doing great damage. Edward J. Ivory, who was arrested on a charge of complicity in a dynamite conspiracy in England, arrived in New York. The First national bank of Griswold, Ia., suspended with liabilities of $80,000. The national good roads congress in session at Orlando, Fla., effected a permanent organization, and Gen. Roy Stone, of Washington, was elected president. Maas & Schwarz, cotton factors at Selma, Ala., failed for $300,000.


Article from The Holly Chieftain, February 12, 1897

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K. BRENNAN tarvation in AN. PATRICK found dead from J., on the sth. near Yardley. body wasthis from aged Sitting home beside his who was dying and insane wife, the George same cause. bout between champion. THE 25-round the lightweight at New York Lavigne. "Kid" McPartland favor of the won- foron the and although 8th resulted McPartland in made mer, EMANUEL Stock manager Commission Live found dead in the Kansas City, hotel Co., Interstate of at a New was York escaping illumi- on death the 8th his room from the It effects was of believed his the nating grase result of accident collided on the was the freight trains near Tolono. 6th. Illinois dense fog of merIII, (Two during Central a five railroad, careloads cars on were deof chandise polished. Both engines and in one three were ear were box all killed. so head them (The jumped wannen horses and they in time to save selves THE at Shelby Junction. of cowboys the members arrived Montal terrorized company which hours the Columbia Opera For three insult there on the 7th. with the men. evolvers. cowboy women fought and fired of off Woodward, their in the TEMPLE HOUSTON. Houston, has been to de liver *son of Col. Sam state of Tennessee address at the of the opening exposition on vited by the the centennial at Nashville May the world's skati championship on the 6th Min- the races at Montreal that a Nillssen. AT showed is Can. the and essional of J.K McCulloch. neapolis. result Minny rof the world Man. is the champion skat of Winnipeg Cleveamate champion bicycle race Gimm at and by about THE O. 100-mile between won Louis by Gimm hours Teddy land, 15 Hale feet. was the time being 5 out and 15 seconds. recently ordered to prevent Black an Lebanon. a Gov member the READLEY lynching of the state militis of a negro Ky. prisoner wealthy farmer-nea named W. A Mason City, He was committed Springs. stock the City and spicide by hanging bank, of Nora that holderin which recently nancially failed ruined hearing way. he pre- of hewould be death this bank Great ferred Northwester meet national the 5th posted announcing THE Falls, Mont., on its dispension and d officers notice The board that director the trouble of is the due cashier, to charge on the part $180.00 the defalcation D. Hatcher, received of at Vienna Chris on villages Benton REPORT 5th of the was massacre of the of 1,500 islands of of number the ended Crete tians in by the Turkish failures troops. in the 5th United were States THE for the week to Bradstreet's previous report, in as week and 338 305. compared according with the 326 the rresponding week of last year. been preferred against of the who has It is Agent frePottawatomie CHARGES Pearson. have has Indians been in remarkably charge Kansas. been dea quently his relict said that and violated he that the on the law reservation has un on Chicago f der JUSTICE charge. held RICHARDSON Wong Chin at and Foo, president editor China1 Chinese on the of the League criminal of the the 5th Daily of Americanized News court gamf of men, to of the being the keeper a the e bling charge house. the promoter left Deni1 DAN STUART, Fitzsimmons fight, on the 5th to arCorbett-H Nevada he 1 would Tex., for battle. which or said CarHe will r range son. for either the take place erect at Reno an amphipeople. son City. 25,000 a a farmer theater to seat STEVENSON. shot and e CONSTANTINE Jacksonville, his Fla., field was by victim hidden in the as a killed near while making in the ninth Stevenson was S Tillet- sassins. lict-Whidden for feud. killing member acquita recently tried faction. but was beh the Whidden Whidden sympathizerswore and lieved ted. The him guilty, however, the passed f house bill. It prohibits and neTHE contract of whites proa marriage intermarriage and especially his groes the or Indians. man shall marry f mother-in-law that no Northe b own wreck the THE passenger recent train of being near the Great one Wenatchee. casualties. of d ern Wash.. came near of railroad persons, inmost disastro ontaining 32 The -luding A tourist 11 car babes. causenbankment an fire. greatest of s g was hurled was into only after inmates the liberated THE n h [a., has failed. themselves snow. exertions First It that by national breaking the Assets, bank, $147,000; the of windows. Griswold. liabilSame ties. $80,000. raftsmen. and John Jonas Adkins. Blevins, by THREE Weddington in Pike county Ky. the ice d ael were breaking drowned of a log condition boom in of recov- the d river prevented run. the The dangerous any attempt at e at s aring A FIRE the bodies. gutted N. Y., the on Arnold the 3d. block Loss, , wrecked n $75,000; Amsterdam. fully insured. Biscayne the was explosion e surf. h of off THE a the gas schooner Florida engine were and coast drowned the by captain, John in the Tyler mate e t and YOUNG a killed sailor at Indian named dance named near Noah, he was Eufaula, who acting was was man ar drunk, T. A shot him while Noah has been THE rested. 18 a peacemaker. annual of the Na-


Article from Perrysburg Journal, February 13, 1897

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fantry, has been arbitrarily relieved by order of the president. Edward J. Ivory, who was arrested on a charge of complicity in a dynamite conspiracy in England, arrived in New York. The First national bank of Griswold, Ia., suspended with liabilities of $80,000. The national good roads congress in session at Orlando, Fla., effected a permanent organization, and Gen. Roy Stone, of Washington, was elected president. Maas & Schwarz, cotton factors at Selma, Ala., failed for $300,000. There were 311 business failures in the United States in the seven days ended on the 5th, against 331 the week previous and 323 in the corresponding period of 1896. The exchanges at the leading clearing houses in the United States during the week ended on the 5th aggregated $1,047,109,766, against $961,245,223 the previous week. The increase compared with the corresponding week of 1896 was 4.9. The president sent to congress the complete report of the World's Columbian Exposition commission. The First national bank of Franklin, O., suspended with liabilities of $75,000. The Northwestern national bank at Great Falls, Mont., closed its doors with liabilities of $700,000; assets, $750,000. John K. Gowdy, chairman of the Indiana republican state committee, announces that he has been appointed and has accepted the post of consul general to Paris. Joe Richie and John Thomas, stonemasons, were killed in a premature dynamite explosion at Frankfort, Ky. Anderson Parker, a farmer of Rock Castle county, Ky., in a drunken rage struck his wife and fractured her skull with a club. He then shot his son through the wrist, when the boy secured a revolver and killed his father. Cashier C. E. Breder, of the First national bank of Bethlehem, Pa., was said to be a defaulter to the extent of $15,000. Thirty thousand people in the towns east of Shreveport, La., are said to be in a starving condition. Charles Radbourne, the famous baseball pitcher. so long identified with the National League clubs of Providence and Boston, died in Bloomington, Ill., aged 43 years. A revival of industry is beginning in the Monongahela (Pa.) valley, over 4,000 men having been given work in the past week. In a collision between freight trains on the Louisville & Nashville railroad near Montgomery, Ala., Sink Kirkland, engineer, and Brakeman Weller were killed and the fireman fatally hurt. A severe earthquake shock was felt at Bengles and Chase's stations in Maryland and also at Baltimore. After a quarrel with her husband the wife of Robert Cort. a well-to-do rancher living near Big Timber, Mont., drowned her three children and herself. A large portion of the business part of Shellrock, Ia., was destroyed by fire. Judge Goff, of West Virginia, has, it is said, declined a cabinet appointment because of his wife's poor health. John Hardisty and Miss Cora Akers were killed by the cars near Caliente, Cal., while gathering wild flowers. The president has signed an order reducing the number of pension agencies in the United States from 18 to 9. In a freight train wreck near Tolono, Ill., 30 fine horses were killed and five cars of merchandise destroyed. The New York Central's four-track steel drawbridge over the Harlem river in New York, the largest bridge of the kind in the world, has been completed. It cost over $3,000,000, and work was begun on it September 1, 1895.


Article from The L'anse Sentinel, February 13, 1897

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and killed his sweetheart, Ellen Titiworth. in Wisecounty, Va., and then shot himself. In a railway collision at Arlington, S. D., Conductor Addington, Brakeman Hosiac, John Loftus and W. L. Harrison were killed. It is announced that John Addison Porter, editor of the Hartford (Conn.) Post. will be the private secretary of President-elect McKinley. Seeley Wakeley's house in Grovetown, Mich., was destroyed by fire and his two children. aged two and four years, were burned to death. The large general store of Novark & Zabokrtsky was burned to the ground at Walford, Ia.. and two men perished in the flames. George Tschan, an employe of the Fox steel works in Joliet, III., fatally shot his wife after a quarrelland then fatally shot himself. The schooner Biscayne foundered ten miles off Jupiter inlet, Florida, and Charles Hinson. of New York, Archie Lindsay, of Florida, and Roger Harris, of Key West. were drowned. The directors of the Pennsylvania Railroad company have elected Frank Thomson, of Philadelphia. as president of the company to succeed George D. Roberts. deceased. Johnson Harris and William Littling, both white men. fought a duel near Arbeka. O. T., over the affections of Wannetta. a pretty half-breed Indian girl. and were both killed. The entire business portion of the town of Pleasureville, Ky., was wiped out by fire. The house of representatives, by a vote of 77 to 42, passed a bill prohibiting the playing of baseball on Sunday in Missouri. A bill providing for the creation of a cabinet position to be filled by a seeretary of labor was discussed by the house committee on labor in Washington. After years of hard work it is now said that the post office authorities in New York have succeeded in running to earth a band of thieves which has been robbing the government of stamps at the rate of about $100,000 a year for many years back. Mr. and Mrs. John Brobnamann and two sons. living near North Branch. Minn., were suffocated by carbon dioxide. due to a fire in a closed root house. The Sae and Fox agency in Oklahoma was raided by outlaws and three citizens were killed and Agent Thomas badly wounded. Five thousand Christian Endeavorers celebrated the sixteenth anniversary of the society at Boston. Benjamin Henderson. = wealthy ranch owner near Ukinh, Cal., was murdered by a Mexican laborer. Robert Morton (colored) was hanged by a mob near Recefield. Ky.. for writing an insulting note to Miss Temmie Johnson, a popular white woman. With the Chinese New Year the Six Companies. the most powerful and richest Chinese organization in America. went out of existence in San PrΓ‘ncisco. Willinm H. Crawford & Co., wholesale Cenlers spices at Baltimore. Md., made nn assignment with liabilities of $150,000. Col. Robert E. Crofton. Fifteenth infantry, has been arbitrarily relieved by order of the president. Investigation shows there are over 50 families at the Belmont coal mines near Bellaire, O., suffering for the necessities of life and some are almost actually starving. As the result of the excessive use of cigarettes, Harry Woods, a boy 13 years of age, was declared insane at Vincennes. Ind. An ice gorge broke and swept away the wharves at Richmond, Va., taking vessels from their moorings and doing great damage. Edward J. Ivory, who was arrested on a charge of complicity in a dynamite conspiracy in England, arrived in New York. The First national bank of Griswold, Ja., suspended with liabilities of $80,000. The national good roads congress in session at Orlando, Fla., effected a permanent organization, and Gen. Roy Stone, of Washington, was elected president. Maas & Schwarz. cotton factors at Selma, Ala., failed for $300,000.


Article from Daily Camera, February 17, 1897

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Receiver Appointed. Washington, Feb. 17-Cemptroller of Currency Eckels today appointed John F. Hendricks receiver for the First National bank of Griswo d, Iowa.


Article from Evening Star, February 18, 1897

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Bank Receivers Appointed. The controller of the currency has appointed receivers of failed national banks as follows: A. A. Phillips, First National Bank of Olympia, Wash.; J. D. Miller, First National Bank of Franklin, Ohio: and Ira F. Hendricks, First National Bank of Griswold, Iowa.


Article from Rock Island Argus, February 18, 1897

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Receiver for an Iowa Bank. Washington, Feb. 18.-Mr. Eckels, the comptroller of the currency, has appointed Ira F. Hendricks receiver for the First National bank of Griswold, Ia.


Article from The River Falls Times, February 23, 1897

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The Nation's Capital. The judiciary committee decided to report the nomination of William A. Munger to be judge of the United States district court for the distrcit of Nebraska. Senator Thurston has given notice of an amendment to the sundry civil bill appropriating $1,085,156 to pay unallowed sugar bounties under the act of 1895 for sugar produced in 1894 and 1895. Senator Gear has presented an amendment to the general deficiency appropriation bill appropriating $1,310,429 for the payment of claims of the Southern Pacific railroad against the government. The controller of the currency has appointed receivers of failed national banks as follows: A. A. Phillips, First National Bank of Olympia, Wash.; J. D. Miller, First National Bank of Franklin, Ohio; Ira F. Hendricks, First National Bank of Griswold, Iowa.


Article from The Princeton Union, February 25, 1897

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THE NEWS RESUME. DIGEST OF THE NEWS FROM ALL PARTS OF THE WORLD. A Comprehensive Review of the Important Happenings of the Past Week Culled From the Telegraph Reports-The Notable Events at Home and Abroad That Have Attracted Attention. The Nation's Capital. The judiciary committee decided to report the nomination of William A. Munger to be judge of the United States district court for the distrcit of Nebraska. Senator Thurston has given notice of an amendment to the sundry civil bill appropriating $1,085,156 to pay unallowed sugar bounties under the act of 1895 for sugar produced in 1894 and 1895. Senator Gear has presented an amendment to the general deficiency appropriation bill appropriating $1,310,429 for the payment of claims of the Southern Pacific railroad against the government. The controller of the currency has appointed receivers of failed national banks as follows: A. A. Phillips, First National Bank of Olympia, Wash.; J. D. Miller, First National Bank of Franklin, Ohio; Ira F. Hendricks, First National Bank of Griswold, Iowa.


Article from Iowa State Bystander, March 12, 1897

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AFTER A DEFAULTER. President of the First National Bank of Griswold Wanted by Uncle Sam. GRISWOLD, March 12.-Federal officials are looking for Theo. H. Brown, president of the First National bank of Griswold. He left Griswold on the 27th of February, and was heard of a few days ago in Mexico. The bank is in the hands of a receiver. Mr. nendricks, from Counen Bluffs, appointed by the comptroller of the currency. The bank is in very bad shape, and the case bids fair to be worse than the Cass County bank. It has been anticipated for some time and the deposits have run down from $135,000 a year ago to about $40,000, so the local business men will not be heavy losers, except as some of them are stockholders. Ex-Governor La 1Β°tabee holds stock amounting to $5,000.


Article from The Herald, August 24, 1897

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$4000 AND COSTS Suit to Recover Alleged Assessment on Bank Stock A petition was filed in the circuit court late Saturday afternoon, in which Ira F. Hendricks, receiver of the First National bank at Griswold, Ia., prays to recover from J. M. Kiehl the sum of $4000, with interest at the rate of 6 per cent per annum, from April 17, 1897, and costs. The petition claims that defendant is one of the stockholders of the First National bank at Griswold, and further alleges that an assessment of $100 was levied on all the stockholders in that bank by the comptroller of the currency and that as it is alleged defendant owned forty shares of stock the petition prays for the amount named above.