3548. Commercial Savings Bank (Leeds, IA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
savings bank
Start Date
February 12, 1897
Location
Leeds, Iowa (42.541, -96.360)

Metadata

Model
gpt-5-mini
Short Digest
e2892554

Response Measures

None

Description

Multiple contemporaneous newspaper dispatches (Feb 12–16, 1897) report W. L. Frost appointed receiver for the Commercial Savings Bank of Leeds. No article describes a depositor run or temporary suspension prior to receivership; the bank was 'placed in the hands of a receiver' (closed). The receivership followed weakness after liquidation of the Corn Exchange National Bank, which the articles cite as background.

Events (1)

1. February 12, 1897 Receivership
Newspaper Excerpt
W. L. Frost was to-day appointed receiver for the Commercial Savings Bank of Leeds, a suburb of this city.
Source
newspapers

Newspaper Articles (10)

Article from The San Francisco Call, February 13, 1897

Click image to open full size in new tab

Article Text

Receiver for a small Bank. SIOUX CITY, Iowa, Feb. 12.-W. L. Frost was to-day appointed receiver for the Commercial Savings Bank of Leeds, a suburb of this city. The bank IS a small one and has been weak since the liquidation of the Corn Exchange National Bank of this city, of which it was an offshoot. Liabilities, exclusive of capital stock, amount to $11,500; assets $37,956.


Article from The Salt Lake Herald, February 13, 1897

Click image to open full size in new tab

Article Text

"Rah For McKinley." Sioux City, Ia., Feb. 12.-W. L. Frost was today appointed receiver for the Commercial Savings Bank of Leeds, a suburb of this city. The bank is a small one and has been weak since the liquidation of the Corn Exchange National Bank of this city, of which it was an offshoot. Liabilities, exclusive of capital stock, $11,500; assets, $37,956.


Article from The Daily Morning Journal and Courier, February 15, 1897

Click image to open full size in new tab

Article Text

Sioux City, Ia., Feb. 14.-W. L. Frost has been appointed receiver for the Commercial Savings bank, a small institution at Leeds, a suburb of this city. The liabilities. exclusive of the capital stock, are $11,500; assets, $37,956.


Article from Twice-A-Week Plain Dealer, February 16, 1897

Click image to open full size in new tab

Article Text

Receiver Named. Sioux City, Ia., Feb. 13.-W. L. Frost has been appointed receiver for the Commercial savings bank of Leeds, a suburb of this city. The bank is a small one and has been weak since the liquidation of the Corn Exchange national of this city, of which it was an offshoot. Liabilities, exclusive of capital stock, $11,500; assets, $37,955.


Article from River Falls Journal, February 18, 1897

Click image to open full size in new tab

Article Text

A letter written by J. R. Sovereign, master workman of the Knights of Labor, says secret revolutionary societies are being organized in every part of the country to resort to civil war as a means of obtaining "remedies for the populace" which they cannot secure by the ballot. John W. Marrs, ex-city treasurer of Lexington, Ky., killed his six-year-old son and shot his daughter and sister, but they will recover, and then killed himself. He was insane. At Leeds, Ia., the Commercial savings bank was placed in the hands of a receiver. At Helena, Mont., the Merchants' national bank closed its doors owing depositors nearly $1,000,000. At the age of 68 years Charles Christy, the last of the famous Christy minstrels, died in Kansas City, The death of Homer D. Martin, a wellknown landscape painter, occurred in St. Paul, aged 61 years. One of the picturesque characters of the great rebellion, Gen. Joseph O. Shelby, died at his home near Adrian, Mo., aged 66 years.


Article from The Worthington Advance, February 18, 1897

Click image to open full size in new tab

Article Text

ness part of the town. The loss is upward of $100,000. There were 267 business failures in the United States in the seven days ended on the 12th, against 311 the week previous and 321 in the corresponding period of 1896. Paul Wagner, aged 45, and his wife Fredericka, aged 64, were suffocated by coal gas at their residence in Milwaukee. The eighty-eighth anniversary of Lincoln's birth was appropriately celebrated on the 12th throughout the country. At Epping, N. H., Frank Delmont, of London, made a mile on roller skates in 2:49, breaking the world's record of 2:50. The American Federation of Labor is making arrangements to begin the agitation for a general eight-hour work day. The entire village of Mars, Pa., was reported destroyed by fire. The League of American Wheelmen in annual convention in Albany, N. Y., decided against Sunday racing. A census of Springfield, III., by the city authorities shows the population to be 31,093. The town of Malvern, Ark., which was almost wiped out by fire last July, was visited by another fire which destroyed the rebuilt portion. The eleventh annual report of the department of labor, just transmitted to congress by Commissioner Wright, relates to the work and wages of men, women and children. In the case of Scott Jackson and Alonzo Walling, sentenced to be hanged for the murder of Pearl Bryan, the court of appeals in Frankfort, Ky., overruled the petition for a rebearing. The Lancaster (O.) medical institute was destroyed by fire and Dr. Simon, of Jackson, W. Va., a patient, perished. The office of the Post in Pittsburgh, Pa., was almost totally destroyed by fire, causing a loss to the paper of about $60,000. The Freeman mine at Gouverneur, N. Y., caved in and William Dawley, Fred McCoy, M. Louchlan, Charles Larock and John Matthews were killed. At West Superior, Wis., the State trust and savings bank closed its doors with liabilities of $40,000. At Lexington, Ky., John W. Marrs, ex-city treasurer, killed his six-yearold son and shot his daughter and sister, but they will recover, and then killed himself. He was insane. The Commercial savings bank of Leeds, Ia., was placed in the hands of a receiver. Miss Morgan and Miss Evans were drowned in the presence of a number of spectators while skating on the canal at Sharon. Pa. The Merchants' national bank at Helena, Mont., closed its doors owing depositors nearly a million dollars. Frank Waller, "the flying Dutchman," won the six-day bicycle race in Pittsburgh, Pa., scoring 1,221 miles and 3 laps. Alderman Thomas J. O'Malley and John Santry were acquitted in Chicago of the charge of having murdered Gustav Colliander in November. 1S94. At the annual meeting in Chicago of the National Dairy union W. D. Hoard, of Wisconsin, was reelected president. Mrs. James Nuby, aged. 104 years, was found frozen to death at her home in Arlington, Mich. J. R. Sovereign, master workman of the Knights of Labor, has written a letter in which he says secret revolutionary societies are being organized in every part of the country to resort to civil war as a means of obtaining "remedies for the populace" which they cannot secure by the ballot.


Article from Iowa State Bystander, February 19, 1897

Click image to open full size in new tab

Article Text

IOWA CONDENSED. A man answering the description of Frank Novak. the Walford murderer, purchased a ticket at Iowa City for Council Bluffs the next day after the fire. The McIntyre Bros.. and Wilson Dry Goods company, of Oskaloosa, has assigned. Liabilities are $30,000 assets, $40,000. The failure was caused by the assignment of the MeIntyre-Peck Dry Goods company, of Rock Island, III. Herbert Chapler, who lived near Ft. Dodge, was struck and instantly killed by a falling tree. He was engaged in chopping timber south of town when the accident occurred. The tree, which was a large one. fell with sufficient force to crush his skull. striking it on the back. Deceased was about 25 years old and leaves a wife and child. Governor Drake has conditionally pardoned F. J. Peffers, who was sent to the penitentiary from Marshalltown in 1889 to serve a 15 year sentence for the murder of Jack Cather. The petition for his pardon was signed by Judge Weaver. who presided at the trial, and Attorney Miller, who prosecuted. The pardon is conditional on good behavior. The annual convention of county treasurers of the state at Des Moines recently elected officers as follows: President. W. R. Warren. Wapello county: vice-president, A. R. Cherry, Johnson county: secretary. H. C. Murphy, Polk county; treasurer, Rolt Aye, Grundy county. The convention appointed a legislative committee consisting of Paul Lubbers, of Clinton county; M. W. Moir, of Hardin county, and W. R. Warren, of Wapellocounty. Albert Epperson, aged 18 years, and Abe Lafferty, same age, have been arrested at Eddyville, says a dispatch, for an assault on the 16-year-old daughter of A. H. Brubaker, a farmer. who owns a thousand acres of land in Mahaska county. It is charged that the crime was committed at a party at Brubaker's. The young men at the party pursued the two accused boys, but they escaped in a sleigh. Epperson is a son of F. M. Epperson, partner of Edwin Manning, the wealthiest man in Iowa, and Lafferty's father is A. M. Lafferty. another very prominent citizen of Eddyville. Sioux City dispatch: W. L. Frost has been appointed receiver of the Commercial Savings Bank at Leeds. The application was made by the Corn Exchange National Bank. and the receiver took possession at once. The plaintiff claims to hold 120 shares of the capital stock of the bank, and also to be a joint owner of the Hinton Milling Company, valued at $10,000. It claims further to have about $750 of trust funds on deposit in the bank. it is stated that the bank has done little or no business since December 24, and that in order to preserve the assets it is best to have a receiver appointed. The liabilities of the bank are given at $11,500 and the assets at $37.956. A sad suicide occurred a few mornings since at Foster, eight miles northeast of Guthrie Center. Charley Wins, 20 years old, and single, while his parents. Mr. and Mrs. W. G. Wins. and family were eating breakfast, went into a bedroom, placed the muzzle of a shotgun under his chin. and with his foot discharged the gun, blowing his head to pieces. He fell back on the bed dead. Recently a young man named Comstock was being tried in a justice court for the crime of stealing a wolf sealp and collecting a bounty from the county for it. On the trial Comstock swore he shot and killed the wolf and Wins swore he came up when Comstock was skinning the wolf. The grand jury, now in session. was investigating a charge of perjury against both Comstock and Wins. and Wins was cited to appear before the grand jury. Hampton dispatch: Mr. and Mrs. Long. parents of the young Jady who died a year ago last summer of strychnine poisoning under suspicious circumstances, have been indicted for murder in the first degree. Judge Hindman fixed the bail at $1,500 for Mrs. Long and $3,500 for Mr. Long. They asked for an immediate trial, but will have to wait till the next term of court. They will make an ef.


Article from Iowa State Bystander, February 19, 1897

Click image to open full size in new tab

Article Text

IOWA CONDENSED. A man answering the description Frank Novak. the Walford murder purchased a ticket at Iowa City f Council Bluffs the next day after t fire. The MeIntyre Bros., and Wils Dry Goods company, of Oskaloos has assigned. Liabilities are $30,00 assets, $40,000. The failure w caused by the assignment of tl MeIntyre-Peck Dry Goods compan of Rock Island, III. Herbert Chapler, who lived near F Dodge, was struck and instant killed by a falling tree. He w engaged in chopping timber south town when the accident occurre The tree, which was a large one. fe with sufficient force to crush his skul striking it on the back. Deceased was about 25 years old and leaves a wi and child. Governor Drake has conditional pardoned F. J. Peffers, who was ser to the penitentiary from Ma shalltown in 1889 to serve a 15 ye: sentence for the murder of Jac Cather. The petition for his pardo was signed by Judge Weaver. wh presided at the trial. and Attorne Miller. who prosecuted. The pardo is conditional on good behavior. The annual convention of count treasurers of the state at Des Moine recently elected officers as follows President. W. R. Warren. Wapell county: vice-president, A. R. Cherry Johnson county: secretary. H. C. Mm phy. Polk county; treasurer. Rolt Aye Grundy county. The conventio appointed a legislative committee con sisting of Paul Lubbers, of Clinto county; M. W. Moir, of Hardin county and W. R. Warren, of Wapello county Albert Epperson, aged 18 years, an Abe Lafferty, same age, have bee arrested at Eddyville, says a dispatel for an assault on the 16-year-ol daughter of A. H. Brubaker, a farme who owns a thousand acres of lan in Mahaska county. It is charge that the crime was committed at party at Brubaker's. The young me at the party pursued the two accuse boys, but they escaped in a sleigh Epperson is a son of F. M. Eppersor partner of Edwin Manning, the wealth iest man in Iowa, and Lafferty father is A. M. Lafferty, another ver prominent citizen of Eddyville. Sioux City dispatch: W. L. Fros has been appointed receiver of th Commercial Savings Bank at Leeds The application was made by the Cor Exchange National Bank. and th receiver took possession at once. Th plaintiff claims to hold 120 shares o the capital stock of the bank. and als to be a joint owner of the Hinto Milling Company, valued at $10,000 It claims further to have about $750 trust funds on deposit in the bank. is stated that the bank has done littl or no business since December 24, an that in order to preserve the assets is best to have a receiver appointed The liabilities of the bank are give at $11,500 and the assets at $37,956. A sad suicide occurred a few mori ings since at Foster, eight mile northeast of Guthrie Center. Charle Wins, 20 years old. and single, whil his parents. Mr. and Mrs. W. G. Wins and family were eating breakfas went into a bedroom, placed the mu zle of a shotgun under his chin. an with his foot discharged the gui blowing his head to pieces. He fe back on the bed dead. Recently young man named Comstock was bein tried in a justice court for the crime o stealing a wolf scalp and collecting bounty from the county for it. 0 the trial Comstock swore he shot an killed the wolf and Wins swore I came up when Comstock was skinnin the wolf. The grand jury, now i session, was investigating a charge , perjury against both Comstock an Wins. and Wins was cited to appea before the grand jury. Hampton dispatch: Mr. and Mr Long. parents of the young lady wh died a year ago last summer of stryel nine poisoning under suspicious cit cumstances, have been indicted fo murder in the first degree. Judg Hindman fixed the bail at $1,500 for Mrs. Long and $3,500 for Mr. Long They asked for an immediate tria but will have to wait till the nex term of court. They will make an e fort to get bonds and will probably t able to do SO. The case is an import ant one and it has been a matter 0 conjecture whether the parents would ever be tried for the alleged crime Miss Long died very suddenly and th parents aresaid to have hushed up th matter. Neighbors lemanded in


Article from The L'anse Sentinel, February 20, 1897

Click image to open full size in new tab

Article Text

LATER. The entire village of Mars. Pa., was reported destroyed by fire. The eighty-eighth anniversary of Lincoln's birth was appropriately celebrated on the 12th throughout the country. The League of American Wheelmen in annual convention in Albany, N. Y., decided against Sunday racing. The European powers decided not to intervene to prevent hostilities in Crete and war between Turkey and Greece seemed inevitable. A census of Springfield. III., by the city authorities shows the population to be 31,003. At Epping. N. H.. Frank Delmont. of London. made a mile on roller skates in 2:49. breaking the world's record of 2:50. The Lancaster (0.) medical institute was destroyed by fire and Dr. Simon. of Jackson. W. Va., a patient. perished. The town of Malvern, Ark., which was almost wiped out by fire last July, was visited by another fire which destroyed the rebuilt portion. The eleventh annual report of the department of labor. just transmitted to congress by Commissioner Wright, relates to the work and wages of men, women and children. In the case of Scott Jackson and Alonzo Walling. sentenced to be hanged for the murder of Pearl Bryan, the court of appeals in Frankfort. Ky,, overruled the petition for a rehearing. As a result of earthquake shocks a new volcano has broken forth from one of the mountains near Coatepec, Mexico, and a great volume of lava and ashes was pouring forth. It is officially stated that 2,750,000 persons are now employed on the fam. ine relief work in India. There were 267 business failures in the United States in the seven days ended on the 12th. against 311 the week previous and 321 in the corresponding period of 1896. The time was occupied in the United States senate on the 13th in discussing the arbitration treaty in executive ses. sion. In the house resolutions were introduced for information concerning insults to American ladies by Spanlards on board the United States ntail steamer Olivette in the harbor of Havana. and concerning the electoral vote in South Carolina. Mr. De Armond (Mo.) spoke in favor of Cuba. and the sundry civil appropriation bill was further discussed. At West Superior, Wis., the State trust and savings bank closed its doors with liabilities of $40,000. The Freeman mine at Gouverneur. N. Y., cared in and William Dawley. Fred McCoy. M. Louchlan. Charles Larock and John Matthews were killed. Miss Morgan and Miss Evans were drowned in the presence of a number of spectators while skating on the canal at Sharon, Pa. The Commercial savings bank of Leeds, Ia., was placed in the hands of a receiver. Gen. Joseph O. Shelby, one of the picturesque characters of the great rebellion. died at his home near Adrian, Mo., aged 66 years. Charles Christy. the last of the famous Christy minstrels, died in Kansas City, aged 68 years. Alderman Thomas J. O'Malley and John Santry were acquitted in Chicago of the charge of having murdered Gustav Colliander in November. 1894. Rev. Henry Theodore Cheever. author of many books of travels, died at his home in Worcester, Mass., aged 83. John Randolph Tucker, D. D., LL. D., Ph. D., statesman, advocate and dean of the law school of Washington and Lee university, died at his residence in Lexington, Va., aged 74 years. Mrs. James Nuby, aged 104 years, was found frozen to death at her home in Arlington. Mich. Frank Waller, "the flying Dutchman." won the six-day bicycle race in Pittsburgh, Pa., scoring 1,221 miles and 3 laps. The Merchants' national bank at Helena, Mont., closed its doors owing depositors nearly a million dollars. In the United States senate on the 12th the Anglo-American arbitration treaty was further discussed, and a resolution was adopted requesting Secretary Olney to use every effort toward bettering the condition of Sylvester Scovel, the newspaper correspondent imprisoned in Cuba. The reappointment of Carroll D. Wright as United States labor commissioner. In


Article from Decorah Public Opinion, February 23, 1897

Click image to open full size in new tab

Article Text

Frazier, is on trial before Judge Sp rier and a jury at Des Moines. plaintiffs alleged in their petition t they. their property and their s daughter, Georgia, were ejected the defendant on September 9, 1 and that said ejectment was the ca of the child's death, and that theda ages received thereby amount $5,000. Mary Griswell, a domestic in family of A. M. Lafferty, of Eddyvi while building a fire, poured a g full of gasoline on it. when im diately there was a violent explos and her clothes were set on fire. ran out into the yard and a son of Lafferty caught her and rolled her a pond of water and mud and the mud on her face and body. He frightfully burned about the ha and arms in so doing, but this proba saved the girl from burning to dea She was badly burned about breast and body, but may recover. The railroad case of R. C. Pr administrator, vs. the C., R. I. & railway company, in which plain asked $50.000 for the life of W. Stone, who was killed at Anita by flyer March 10, 1894, is settied so as the lower courts are concern The case at the former trial was ta from the jury and Judge Lewis for for the defendants. It was carried the supreme court and reversed. sent back for new trial. which et up this term of court. The jury out six hours. returning a verdict favor of plaintiff for $5,000. and all ing $20 for the wagon that wrecked. W. L. Frost has been appointed ceiver of the Commercial Savings B: at Leeds. a suburb of Sioux City. application was made by the Corn change National Bank. of Sioux C The plaintiff claims to hold 120 sha of the capital stock of the bank. also to be a joint owner of the Hin Milling Company. valued at $10. It claims further to have about $75 trust funds on deposit in the ba It is stated that the bank has de little or no business since Decem 24, and that in order to preserve assets it is best to have a receiver pointed. The liabilities of the b: are given at $11,500 and the assets $37,956. The third car of a long freight tr of empties going west jumped track at the Central street crossing Burlington. allowing the engine* two front cars to go on. while the 1 of the train. impelled by an eng pushing behind. began to pile up dire confusion. One end of the Mur Iron Works was demolished and narrow right of way through Burlington double tracks runn between tall buildings was litera choked with an avalanche of et which completely stopped railr traffic for some hours. No one , injured. but the damage to the r road property and the Murray In Works will be considerable. The town of Adair is thoroug stirred up over the kidnapping of 1 children by the father, George Fa who at one time was familiarly kno as "King George," as he practica owned and ran the town. As ti wore on. prompted by his success, sought larger fields for his enterp and became a victim of the board trade. He finally deserted his " and four small children. leaving th with no visible means of support Mrs. Faga finally applied and go divorce and custody of the childr Faga returned a few days ago a taking the two children, left on west-bound passenger. Mrs. Fa swore out a warrant for his arrest : the authorities along the line W notified. Faga was arrested at An and brought back. E. N. Lee. son of a lumberman Webster City, and a member of one the best families of that city, his wi and T. H. Sharpnecker, a well kno Des Moines boy, the son of Rev. A. Sharpnecker, a retired Baptist cler man. who is now engaged in the ins