3332. Dedham Savings Bank (Dedham, IA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
savings bank
Start Date
December 22, 1904
Location
Dedham, Iowa (41.906, -94.822)

Metadata

Model
gpt-5-mini
Short Digest
7ace31e0

Response Measures

None

Description

Multiple newspaper items report the Dedham Savings Bank closed on Dec 22, 1904 and was placed in the hands of a receiver later. Closure was caused by alleged embezzlement/shortage by President J. G. (John G.) Caton who absconded. No article describes a depositor run prior to suspension; therefore this is classified as a suspension leading to permanent closure/receivership.

Events (2)
1. December 22, 1904 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Closed after discovery of a shortage and alleged embezzlement by President J. G. Caton (shortage ~ $15,000–$20,000); Caton left ostensibly for funds and could not be found.
Newspaper Excerpt
The Dedham savings bank of Dedham, Ia., closed, on the 22d, and the president, J. G. Caton, who left ostensibly for funds, can not be found.
Source
newspapers
2. December 29, 1904 Receivership
Newspaper Excerpt
The Dedham Savings bank ... has been placed in the hands of a receiver and President John G. Caton was charged with embezzling $15,000.
Source
newspapers

Newspaper Articles (13)
1. December 28, 1904 The Montgomery Advertiser Montgomery, AL
Article from The Montgomery Advertiser, December 28, 1904

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TEN BANKERS SUICIDE IOWA'S RECORD YEAR WITH FORTY FAILURES AND $12,000,000 LOSS. Many of Them Caused by Drop in Cattie Prices-Faced by Rula and Dishonor, Half a Score of Officials Committed Suicide. Some of the Iowa Banks That Failed. Buck Grove-H. S. Green's private bank. Dow City-H. S. Green's private bank. Grinnell-Citizens' National Bank. Waverly-German-American Loan and Trust Company. Pisgah-Bank of Pisgah, private. Curlew-Bank of Curlew. private. Little Sloux-Little Sloux Bank, private. Gaza -Bank of Gaza, private. Tiffin Corn Exchange Bank, private. Emerson-Farmers' Bank, private. Sheldon-Sheldon State Bank. Germania-State Bank. Ireton-Bank of Ireton, private. Colfax-Bank of Colfax, private. Royal-Bank of Royal, private. Ireton-F. H. McKeever's bank, private. Providence-O. E. Miller's Bank, prsvate. Linn Grove-H. W. Main's Bank, private. St. Charles-Citizens' Bank, private. Victor-Iowa County Bank. private. Mount Ayr-Citizens' Bank, private. Stgourney-Sigourney Savings Bank. Holstein-E. McCuteheon's Bank. Corning-Corning Savings Bank. Pella-People's Savings Bank. Coin-Bank of Coin. Garden Grove-Farmers' Bank, private. Maquoketa-Exchange Bank, private. Pleasanton-Royal-Richardson Bank. private. Dixon-Bank of Dixon, private. New Liberty-New Liberty Savings Birmingham-E. D. Skinner's private Bank. Imogene-Citizens' Bank, private. bank. Olin-Bank of Olin, private. Des Moines Special to N. Y. World. An unprecedented record of disaster among Iowa banks will be disclosed by a report now being prepared at the State Auditor's office for 1904. Culminating last week with the closing of the savings bank in Dedham this is the startling record: Ten bank cashiers dead by suicide. Forty banks wrecked and their surplus squandered. Twelve millions of dollars lost to depositors. In two instances bank officers have absconded with funds, thus accounting for the failure, but the remarkable number of failures due to similar circumstances has aroused the curiosity of the whole State to ascertain the cause. These are the suicides of the year due to bank failures, so far as the State officials know: H. C. Spencer and his son, cashier. and assistant cashier of the Grinnell National Bank. George D. Wood, cashier of the Bank of Colfax, Ia. Charles Wood, cashier of the Citizens Bank of St. Charles. F. L. LaRue, cashier of the Corning State Bank. G. D. Utterback, cashier of the Sigourney Savings Bank. H. W. Main, cashier of the Linn Grove Bank. Cashier of the Lone Tree Bank. Two other suicides early in the year, whose names are not recalled by the attaches of the State Auditor's office. Tragedy Follows Tragedy. It is only within the past few days that the State has become aware of the magnitude of the disaster and the tragedies attending them, many of the failures having been kept quiet. Not until the two suicides in quick succession at Lone Tree and Linn! Grove, and the failure of the Sheldon State Bank, with losses amounting to many thousands, created a State-wide sensation was general attention attracted to the seriour condition of affairs. The failure of the bank at Colfax, the National Bank at Storm Lake and the bank at Sigourney. with the suicide of the cashier, added to the sensation. The sulcide of Cashier Utterback of the Sigourney Bank, was followed by the discovery of extensive forgeries which he had perpetrated to cover up a shortage which had been running for

2. December 29, 1904 Iron County Register Ironton, MO
Article from Iron County Register, December 29, 1904

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The Minnesota state board of dons has granted a pardon to Ames, brother of former Mayor A of Minneapolis. Col. Ames was o of police, and was convicted of "gr during bis brother's administratio Gen. Leonard Wood, in a repor the war department, says that the ros are generally peaceful, and t power in the Philippines broken. Lawyers for Henry H. Rogers ar work on papers to bring double for libel, criminal and civil, aga the American News Co. and the o ers and publishers of Everybo Magazine for publishing and dist uting Thomas W. Lawson's acc tions against Mr. Rogers in regard a $5,000,000 corruption fund to acc plish the election of McKinley in 1 Former Gov. James P. Eagle, of kansas, died on the 19th. The czar of Russia has ordere mobilization of 200,000 more troops join Gen. Kuropatkin. The supreme court of the Un States has decided that an obliga to pay alimony and allowance to a 1 and children is not in the nature an ordinary debt, and, therefore not be discharged in bankruptcy. Thomas W. Lawson, the Bos financier, asserted, on the night of 20th, that twice within twenty days had been stricken down mysterio with pronounced symptoms of pois ing, the most serious attack being er dining in a Boston hotel. The capture of the north for East Kekwan hill in the defense Port Arthur by the Japanese has n a serious gap in the defensive WC enabling the besiegers to get nea the old Chinese wall, which, notw standing its 12 feet thickness, is likely to be able to resist attacks 1 dynamite. The fall of Keckwan fort has cre a profound sensation in St. Petersb it being recognized as another dist step on the part of the Japanese ward the final capture of Port Art Corwin H. Spencer, the St. L grain speculator, is said to be out $100,000 through the reckless tra of his Chicago partner, U. S. Den ton. Mr. Spencer, who has disso the partnership, says he doesn't I SO much the loss of the money a does the violation of his confidence Commissioner General of Immi tion Frank P. Sargent says that incoming foreigners are showing a table deficiency in desirable qual for would-be citizens of the cour being inferior morally and physic while financially they are almost pers. Seven men were suffocated, on 22d, in the No. 2 soft clay min the Reese-Hammond Fire Brick near Bolivar, Pa. The victims Austrians. There were about twe five men in the mine, and all but S were rescued, though they were a bad shape, and two are likely to The Dedham savings bank of I ram, Ia., closed, on the 22d, and president, J. G. Caton, who left tensibly for funds, can not be four The London Telegraph's Chefoo respondent reported, on the 22d eight Russian torpedoboat destro had escaped from Port Arthur. The Iowa brewery at Iowa City was burned on the 22d. The total will amount to about $100,000; in ance, $20,000. Senator Bailey, of Texas, is un the farmers of the south to dive their crops, and points out the ger of a general holding of cotton from market for higher prices, te them that while they might pos get more money for a part of crop they would be the losers in end. Herbert I. Newton, of Bo it is said, will meet Dr. Leroy S. o

3. December 29, 1904 Rock Island Argus Rock Island, IL
Article from Rock Island Argus, December 29, 1904

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ANOTHER IOWA SAVINGS BANK GOES TO THE WALL Dedham, Carroll County, Institution Closes Following Alleged Embezzlement by President. Des Moines, Iowa, Dec. 29.-The Dedham Savings bank of Carroll county, Iowa, has been placed in the hands of a receiver and President John G. Caton was charged with embezzling $15,000. He promised to make the shortage good when the examiner discovered it, and went to Oregon to secure funds from his sons, who are bankers there. He has failed to return.

4. December 30, 1904 The Jasper Weekly Courier Jasper, IN
Article from The Jasper Weekly Courier, December 30, 1904

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PERSONAL AND GENERAL Former Gov. James P. Eagle, of Arkansas, died on the 19th The ezar of Russia has ordered a mobilization of 200,000 more troops to join Gen. Kuropatkin. The opinion is gaining ground in Washington that the report of the senate committee of investigation will be unfavorable to Senator Smoot, of Utah. Thomas W. Lawson, the Boston financier, asserted, on the night of the 20th, that twice within twenty days he had been stricken down mysteriously with pronounced symptoms of poisoning, the most serious attack being after dining in a Boston hotel. The capture of the north fort of East Kekwan hill in the defenses of Port Arthur by the Japanese has made a serious gap in the defensive works, enabling the besiegers to get near to the old Chinese wall, which, notwithstanding its 12 feet thickness, is not likely to be able to resist attacks with dynamite. The fall of Keckwan fort has created a profound sensation in St. Petersburg, it being recognized as another distinct step on the part of the Japanese toward the final capture of Port Arthur. Gen. Nogi, in command of the Japanese besteging Port Arthur, hasasked for 60,000 reinforcements. It is his desire to have accomplished his task of capturing the stronghold before the arrival of the Baltic fleet. so that Admiral Togo may have a free hand. Corwin H. Spencer, the St. Louis grain speculator, is said to be out over $100,000 through the reckless trading of his Chicago partner, U. S. Denniston. Mr. Spencer, who has dissolved the partnership. says he doesn't mind so much the loss of the money as he does the violation of his confidence. Commissioner General of Immigration Frank P. Sargent says that the incoming foreigners are showing a notable deficiency in desirable qualities for would-be citizens of the country. being inferior morally and physically, while financially they are almost paupers. Seven men were suffocated, on the 22d, in the No. 2 soft clay mine of the Reese-Hammond Fire Brick Co., near Bolivar, Pa. The victims were Austrians. There were about twentyfive men in the mine, and all but seven were rescued, though they were all in bad shape, and two are likely to die. The Dedham savings bank of Dedram, Ia., closed, on the 22d, and the president, J. G. Caton, who left ostensibly for funds, can not be found. The London Telegraph's Chefoo correspondent reported, on the 22d that eight Russian torpedoboat destroyers had escaped from Port Arthur. The Iowa brewery at Iowa City, ia., was burned on the 22d. The total loss will amount to about $100,000; insurance, $20,000. Senator Bailey. of Texas, is urging the farmers of the south to diversify their crops, and points out the danger of a general holding of cotton back from market for higher prices, telling them that while they might possibly get more money for a part of their crop they would be the losers in the end. Herbert I. Newton, of Boston, it is said, will meet Dr. Leroy S. Chadwick on his return to this country with a civil suit for the recovery on a paper given by Dr. Chadwick having a face value of $96,000. Louis Hartung, an old music teacher, and who had lived as a recluse for several years, was found dead in his room, at St. Louis, on the 22d, having committed suicide by the use of chloroform. He had reached the ends of his means and concluded it was time to depart. Twenty-seven persons, most of them women and children, were overcome by coal gas in a crowded tenement house in Philadelphia, early on the morning of the 23d. Twelve of them were in a serious condition, and were taken to hospitals; but it was thought all would recover. While preparing supper at her home in St. Louis. on the evening of the 22d, Mrs. Mathilde Boland attempted to start up her fire by the use of coal oil. An explosion resulted, and Mrs. Boland was burned to death, and her daughter, Nellie, so badly burned, in efforts to save her mother, that she may die. The faculty of Columbia college, New York city, has suspended four members of the sophomore class who were engaged in an attempt to haze

5. January 4, 1905 Willmar Tribune Willmar, MN
Article from Willmar Tribune, January 4, 1905

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MISCELLANEOUS. The central and northwest states were visited by a blizzard, following a rainstorm. Traffic is demoralized and wires are down. A 72 mile gale which accompanied a cold wave in Chicago resulted in four deaths. Fire at Council Bluffs, Ia., completely destroyed the four-story warehouse and the entire stock and fixtures of the Fuller & Johnson Shugart company, causing a loss of $150,000. Engineer Charles Heebe was instantly killed, his assistant, Daniel Ferrier, probably fatally injured when the cylinder head of the great power engine in the Chelsea jute mills, in Brooklyn, N. Y., blew out. Thomas E. Watson, of Thomson, Ga., the candidate of the people's party for president in the last election, will publish a monthly magazine called "Tom Watson's Magazine." A modern hotel containing 400 rooms, and costing more than $1,000,000 is to be erected on the site of the Pike opera house building in Cincinnati. The newly-built Majestic theater at Fort Wayne, Ind., was gutted by fire, causing a loss of probably $35,000. Judge Francis J. Wing, of Cleveland, O., has forwarded to the president his resignation of the office of United States district judge for the Northern district of Ohio. The will of the late William Alvord, president of the Bank of California, at San Francisco, leaves to his two stepsons his estate, valued at $1,000,000. Rev. Father T. F. Lillis, of Kansas City, was consecrated bishop of the Roman Catholic diocese of Leavenworth, Kan. The St. Croix Shoe company assigned at Calias, Me., for the benefit of credItors. The liabilities are said to slightly exceed $150,000. The assets are not known. The federal grand jury at Portland, Ore., has indicted S. P. Ormsby, William H. Davis, mayor of Albany, Ore.; C. E. Loomis, Henry E. Young, George Sorenson and John Doe and Richard Roe, in connection with the land frauds. In a rear-end collision at Stamford, Conn., between the Boston express and a local, both going west, Conductor Holland, of the express, was killed and six others were badly injured. John Guy was burned to death and five others seriously injured in an explosion in furnace "J," of the Edgar Thomson plant, of the Carnegie Steel company, at Braddock. George Bearss, who murdered Mrs. Abel Brown at her home on a farm near Berville, Mich., pleaded guilty at Port Huron, Mich., to the charge and was sentenced by Judge Law to life imprisonment in Marquette prison. Great Britain has assumed control of the legal and financial administration of the Tonga islands, the native chiefs consenting. John H. Landis, superintendent of the United States mint in Philadelphia, announces that the available silver bullion of the country has been exhausted. Unless congress takes prompt action, he says, next year there will be a $10,000,000 shortage in small silver coin. The drought which has prevailed in central Illinois for months was broken by a heavy downpour. The Dedham savings bank, of DedIsam, Ia., has been closed and the president, J. G. Caton, who left ostensibly for funds, cannot be found. is said to be short about $20,000. Clarence Hunter, a 14-year-old negro, who had received a 22-caliber rifle for a Christmas present, participated in a wild west show with a number of other boys at Kansas City, Mo., and shot and killed his brother, aged 15. Presbyterian churches plan a federation throughout the United States. Two British warships have sailed for the Tonga islands, it is reported with the intention to annex them. The international commission appointed to inquire into the North sea incident met at the foreign office in Paris and organized by electing Admiral Fournier as president. Jacob Kuhn, a traveling man, fell from a fourth story window at Evansville, Ind., and was instantly killed. He was 60 years old. Thirty-seven banks have failed in Iowa in two years, and ten persons connected with the banks of the state have committed suicide.

6. January 5, 1905 Iron County Register Ironton, MO
Article from Iron County Register, January 5, 1905

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Apr. 4-Capital Nat. bank, Guthrie, Okla.; $1,033,000. W. B. Mack, New York. 5-Citizens' bank, McLeod, Okla Akron (0.) Savings bank Chicago Women's Business club. 6-Wanzer & Co., Chicago grain merchants. Dow City (la.) Exchange bank Buck Grove (Ia.) bank. 18-McCoy's bank, Rensselaer, Ind. May 12-Farmers' State bank, Nardin, Okla. 24-First national bank of Cape May, N. J., closed by special order. Jul. 27-First Nat. bank, Saratoga, N. Y.... Grinnel (Ia.) First Nat. bank. 28-Mauston (Wis.) bank. Oct. 11-Bank of Plainfield, Wis., closed by state commissioner. Nov. 11-Federal Stock and Grain Co., Boston, assigns, liabilities $150,000. 17-Because of run, Berlin, Wis., bank closes. 23-Janney Co., Ottumwa, Ia., goes to receiver. 25-Davenport, Wash., national bank declared insolvent. 28-Gen. Coxey. of Mount Vernon, O., bankrupt. Liabilities, $287,000. Dec. 8-C. H. Slack & Co., prominent Chicago grocers. Liabilities, $167,000; assets, $100,000. 20-First national bank, Conneaut, and Marine bank, Conneaut Harbor, O., suspend. 22-Dedham savings bank, Dedham, Ia., closed.

7. January 6, 1905 Perrysburg Journal Perrysburg, OH
Article from Perrysburg Journal, January 6, 1905

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5-Citizens' bank, McLeod, Okla Akron (0.) Savings bank. Chicago Women's Business club. 6-Wanzer & Co., Chicago grain merchants. Dow City (la.) Exchange bank Buck Grove (Ia.) bank. 18-McCoy's bank, Rensselaer, Ind. May 12-Farmers' State bank, Nardin, Okla. 24-First national bank of Cape May, N. J., closed by special order. Jul. 27-First Nat. bank, Saratoga, N. Y.... Grinnel (Ia.) First Nat. bank. 28-Mauston (Wis.) bank. Oct. 11-Bank of Plainfield, Wis., closed by state commissioner. Nov. 11-Federal Stock and Grain Co., Boston, assigns, liabilities $150,000. 17-Because of run, Berlin, Wis., bank closes. 23-Janney Co., Ottumwa, Ia., goes to receiver. 25-Davenport, Wash., national bank declared insolvent. 28-Gen. Coxey, of Mount Vernon, O., bankrupt. Liabilities, $287,000. Dec. 8-C. H. Slack & Co., prominent Chicago grocers. Liabilities, $167,000; assets, $100,000. 20-First national bank, Conneaut, and Marine bank, Conneaut Harbor, O., suspend. 22-Dedham savings bank, Dedham, Ia., closed.

8. January 6, 1905 The Bourbon News Paris, KY
Article from The Bourbon News, January 6, 1905

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5-Citizens: bank, McLeod, Okia Akron (0.) Savings bank Chicago Women's Business club. 5-Wanzer & Co., Chicago grain merchants. Dow City (Ia.) Exchange bank Buck Grove (Ia.) bank. 18-McCoy's bank, Rensselaer, Ind. May 12-Farmers' State bank, Nardin, Okla. 24-First national bank of Cape May, N. J., closed by special order. Jul. 27-First Nat. bank, Saratoga, N. Y.... Grinnel (Ia.) First Nat. bank. 28-Mauston (Wis.) bank. Oct. 11-Bank of Plainfield, Wis., closed by state commissioner. Nov. 11-Federal Stock and Grain Co., Boston, assigns, liabilities $150,000. 17-Because of run, Berlin, Wis., bank closes. 23-Janney Co., Ottumwa, Ia., goes to receiver. 25-Davenport, Wash., national bank declared insolvent. 28-Gen. Coxey, of Mount Vernon, O., bankrupt. Liabilities, $287,000. Dec. 8-C. H. Slack & Co., prominent Chicago grocers. Liabilities, $167,000; assets, $100,000. 20-First national bank, Conneaut, and Marine bank, Conneaut Harbor, O., suspend. 22-Dedham savings bank, Dedham, Ia., closed.

9. January 6, 1905 Middlebury Register Middlebury, VT
Article from Middlebury Register, January 6, 1905

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5-Citizens' bank. McLeod, Okla Akron (O.) Savings bank Chicago Women's Business club. 6-Wanzer & Co., Chicago grain merchants. Dow City (la.) Exchange bank.... Buck Grove (Ia.) bank. 18-McCoy's bank, Rensselaer, Ind. May 12-Farmers' State bank, Nardin, Okla. 24-First national bank of Cape May, N. J., closed by special order. Jul. 27-First Nat. bank. Saratoga, N. Y.... Grinnel (Ta.) First Nat. bank. 28-Mauston (Wis.) bank. Oct. 11-Bank of Plainfield, Wis., closed by state commissioner. Nov. 11-Federal Stock and Grain Co., Boston. assigns, liabilities $150.000. 17-Because of run. Berlin, Wis., bank closes. 23-Janney Co., Ottumwa, Ia., goes to receiver. 25-Davenport, Wash., national bank declared insolvent. 28-Gen. Coxey, of Mount Vernon, O., bankrupt. Liabilities, $287,000. Dec. 8-C. H, Slack & Co., prominent Chicago grocers. Liabilities, $167,000; assets, $100,000. 20-First national bank. Conneaut, and Marine bank, Conneaut Harbor, O., suspend. 22-Dedham savings bank, Dedham, Ia., closed.

10. January 7, 1905 The L'anse Sentinel L'anse, MI
Article from The L'anse Sentinel, January 7, 1905

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Past Y ear in Review Chronological Record of Most Important Happenings at Home and Abroad During 1904 R 5-Citizens' bank, McLeod, Okla....Akron (0.) Savings bank Chicago Women's Russe-Japanese War Business club. 6-Wanzer & Co., Chicago grain merchants. Dow City (la.) Exchange bank eb. 6-Diplomatic relations severed by Buck Grove (Ia.) bank. ction of Japan. 18-McCoy's bank, Rensselaer, Ind. 8-Japan wins first May 12-Farmers' State bank, Nardin, naval engagement. Okla. Issues official 24-First national bank of Cape May, N. statement setting J., closed by special order. forth position... Jul. 27-First Nat. bank, Saratoga, N. Y.... Sec'y Hay sends Grinnel (Ia.) First Nat. bank, note inviting 28-Mauston (Wis.) bank. France, England Oct. 11-Bank of Plainfield, Wis., closed by and Germany to state commissioner. join U. S. in perNov. 11-Federal Stock and Grain Co., Bosserving China's inton, assigns, liabilities $150.000. tegrity. 17-Because of run, Beriin, Wis., bank closes, 16-Russians capture 23-Janney Co., Ottumwa, Ia., goes to reNewchwan g.... ceiver. Russian cruiser 25-Davenport, Wash, national bank deBoyarin blown up. clared insolvent. 197 of crew lost 28-Gen. Coxey, of Mount Vernon, O., bank600 Russians frozen rupt. Liabilities, $287,000. to death crossing Dec. 8-C. H. Slack & Co., prominent ChiLake Baikal. cago grocers. Liabilities, $167,000; assets, 17-Japan agrees to $100,000. RSHAL OYAMA. Hay note. 20-First national bank, Conneaut, and Ma18-Russia issues rine bank, Conneaut Harbor, O., suspend. oclamation declaring she was unpre22-Dedham savings bank, Dedham, Ia., ared for war. Charges Japan with closed. eachery.

11. January 11, 1905 Willmar Tribune Willmar, MN
Article from Willmar Tribune, January 11, 1905

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Past Y ear in Review Chronological Record of Most Important Happenings at Home and Abroad During 1904 Apr. 4-Capital Nat. bank, Guthrie, Okla.: $1,033,000 W. B. Mack. New York. Russo-Japanese War 5-Citizens' bank. McLood, Okla Akron (O.) Savings bank Chicago Women's Business club. 6-Diplomatic relations severed by of Japan. 6-Wanzer & Co., Chicago grain merchants. S-Japan wins first Dow City (la.) Exchange bank Buck Grove (la.) bank. naval engagement. Issues official 18-McCoy's bank, Rensselaer, Ind. statement setting May 12-Farmers' State bank, Nardin, Okla. forth position Sec'y Hay sends 24-First national bank of Cape May, N. J., closed by special order. note inviting France, England Jul. 27-First Nat. bank, Saratoga, N. Y Grinnel (la.) First Nat. bank. and Germany to 28-Mauston (Wis.) bank. join U. S. in perserving China's inOct. 11-Bank of Plainfield, Wis., closed by state commissioner. tegrity. 16-Russians capture Nov. 11-Federal Stock and Grain Co., Boston, assigns, liabilities $150,000. Newchwan 8.... Russian cruiser 17-Because of run, Beriin, Wis., bank closes. Boyarin blown up. 23-Janney Co., Ottumwa, Ia., goes to receiver. 197 of crew lost 600 Russians frozen 25-Davenport, Wash., national bank declared insolvent. to death crossing Lake Baikal. 2S-Gen. Coxey, of Mount Vernon, O., bankrupt. Liabilities, $287,000. 17-Japan agrees to RSHAL OYAMA. Hay note. Dec. 8-C. H. Slack & Co., prominent Chi18-Russia issues cago grocers. Liabilities, $167,000; assets, $100,000. ociamation declaring she was unpre20-First national bank. Conneaut, and Mafor war. Charges Japan with eachery. rine bank, Conneaut Harbor, O., suspend. ,000 Russians drowned by breaking ??-Dedham savings bank, Dedham, Ia., closed. ough ice on Lake' Balkal. prolimin bettles 0.500

12. January 21, 1905 The Donaldsonville Chief Donaldsonville, Gonzales, LA
Article from The Donaldsonville Chief, January 21, 1905

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Apr. 4-Capital Nat. bank, Guthrie, Okla.; $1,033,000 W. B. Mack, New York. 5-Citizens' bank, McLeod, Okla Akron (0.) Savings bank Chicago Women's Business club. G-Wanzer & Co., Chicago grain merchants. Dow City (la.) Exchange bank Buck Grove (Ta.) bank. 18-McCoy's bank. Rensselaer, Ind. May 12-Farmers' State bank, Nardin, Okla. 24-First national bank of Cape May, N. J., closed by special order. Jul. 27-First Nat. bank, Saratoga, N. Y Grinnel (la.) First Nat. bank. 28-Mauston (Wis.) bank. Oct. 11-Bank of Plainfield, Wis, closed by state commissioner. Nov. 11-Federal Stock and Grain Co., Boston, assigns, liabilities $150,000. 17-Because of run, Beriin, Wis., bank closes. 23-Janney Co., Ottumwa, Ia., goes to receiver. 25-Davenport, Wash., national bank declared insolvent. 28-Gen. Coxey, of Mount Vernon, O., bankrupt. Liabilities, $287,000. Dec. 8-C. H. Slack & Co., prominent Chicago grocers. Liabilities, $167,000; assets, $100,000. 20+First national bank. Conneaut, and Marine bank, Conneaut Harbor, 0., suspend. 22-Dedham savings bank, Dedham, Ia., closed.

13. February 23, 1905 Audubon County Journal Exira, IA
Article from Audubon County Journal, February 23, 1905

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AFTER CATON'S MONEY. Begin Action Against Absconding Bank President. Council Bluffs, Feb. 20-An involuntary bankruptcy petition setting forth claims of creditors of J.G. Caton, the absconding president of the Dedham Savings bank, of Dedham, Carroll county, was filed in federal court here last evening. Estelle Gray claims $4,120. Thirza Davis of Maquoketa $2,160, and A. W. Patterson of Muskogee, I. T., $1,304, allsaid to be due on promissory notes. It is set forth in his petition that Caton committed an act of bank. ruptcy a short time since in transferring his property, valued at about $20,000, to A. J. Ayrhart as trustee of the Deuham Savings bank, to settle an attachment suit commenced by the bank in Carroll county with the intent to prefer the bank over his other creditors: Caton's whereabouts are unknown and it is said that his indebtedness amounts to many times more than the amounts set forth in the voluntary bankruptcy petition filed here. Through his dealing the bank was forced to close its doors, and the institution is now in the hands of a receiver. While president of the bank he is said to have loaned himself money in sums aggregating nearly $15.000. The bank brought suit against him to recover the money loaned and judgment was secured against him in the sum of about $18.000. In settlement of these claims he transferred his property to the bank. Among a number of other debts left by Caton when he disappeared is said to be one of $3.000 alleged to be due the school township of which he was trustee. Mr. Caton had been a resident of Dedham for many years and for a long time was in the banking business.