37. First Bank (Skagway, AK)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
October 8, 1901
Location
Skagway, Alaska (59.458, -135.314)

Metadata

Model
gpt-5-mini
Short Digest
7bf4246d

Response Measures

None

Description

Newspaper items (Oct and Nov 1901) identify a receiver (J. G. Price) for the First (National) Bank of Skagway, indicating the bank was placed in receivership/closed. No article describes a depositor run. The Oct. 8 article names the receiver; the Nov. 6 item references a court action involving the receiver. I corrected the bank name to 'First National Bank of Skagway' since the Nov. 6 piece explicitly uses 'First National Bank' and the Oct. 8 OCR likely omitted 'National'.

Events (2)
1. October 8, 1901 Receivership
Newspaper Excerpt
John G. Price as receiver of the First Bank of Skagway.
Source
newspapers
2. November 6, 1901 Other
Newspaper Excerpt
United States vs. J. G. Price, receiver of the First National Bank of Skagway
Source
newspapers

Newspaper Articles (2)
1. October 8, 1901 The Daily Morning Alaskan Skagway, AK
Article from The Daily Morning Alaskan, October 8, 1901

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Article Text

A. C. Jamison vs John Camp. Nick Frederickson et al. C. E. Hosey VS John Doe Stewart. Dudley McKinney, et al. Joseph F. Moore vs George Steelsmith Charles McDonald, et al. Thomas Pelky vs L. A. Burke and Joseph A. Molineaux Enos B. Code VS the steamer "Vira Rial." P. B. Hunting, et al. Donald McCallum as guardian of Robertina Sheldon a minor. vs. the steamer "Vira Rial," P. B. Hunting et al. A. C. Fasel vs H. O. Peterson. John Doe, et al. Mary Hutchinson vs William Hutchinson. W. S. Cranston VS Bird Fitch. Frank W. McElroy, et al. Josias M. Tanner vs Chas N. Hanson and M. E. Tennant Etta A. Fasel VS D. C. Brownell Phil Abrahams, agent. VS Louis K. Pratt. Robert W. Jennings VS Louis K. Pratt. Chas. N. Hanson and M. E. Tennant vs J. M. Tanner, B. A. Whalen, et al. Bella Peyton vs Philip Snyder. Elizabeth Caswell vs R. Jenkins. John Roberts VS H. Simon. Henry Shafer vs J. M. Tanner. Thomas D. Lahey vs John Dalton. John F. Maloney, et al. Christopher Spencer vs John G. Price. as receiver of the First Bank of Skagway.

2. November 6, 1901 The Daily Morning Alaskan Skagway, AK
Article from The Daily Morning Alaskan, November 6, 1901

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Article Text

dicted for doing business without proper license. Plead guilty and fined $15 and costs. W. E. Root. Indicted for doing business without a license. Plead guilty and fined $50 and costs. Sylvester & Graves and Klondike TradIng Co. Three Indictments, for conducting wharf without a license. doing business without a license. and conducting a hotel without license. Waived arraignment and granted until 10 o'clock this morning to plead. A. C. Fasel. Indicted for doing business without proper license. Plead not guilty and bond fixed at $700. F. Verbawhede. Indicted for doing business without a license. Plead guilty and fined $10 and costs. Kaufman Brothers offered to plead guilty as to doing a business that would justify a license of $25, but the proposition did not meet with favor by the court. W. E. Root. Indicted for conducting a cigar business without a license. Fined $15 and costs. Albert Reinert. Same. $15 and costs. Payne & Peterson. Same. $15 and costs Matlock & Smith. Same. $15 and costs. Franz Zwiffelhoffer. Same. $15 and costs. Blum & Korach. Same. $15 and coste. George Miller. For conducting real estate business without a licenses. Dismissed. Robert Mitchell. Conducting hot without license. Dismissed. F. M. Woodruff. For doing business without proper license. Fined $15 a id costs. Standard Oil Co. and C. B. Haraden. Arraigned and asked time to plead. This action of the grand jury may interfere with Rockefeller's desire to present Skagway with a million dollar university. A. P. Meade. Conducting hotel without a license. Meade had already taken out a restaurant license, and was therefore fined $35 and costs. E. J. Shaw. Conducting business without a license. Given until 10 o'clock this morning to plead. Charles Saake. Conducting cigar stand and brewery without license. Granted until 10 o'clock this morning to plead. Frye-Bruhn Co. and J. J. Daly. Granted until 10 o'clock this morning to plead. Joseph Burkhardt & Co. Granted until today to plead. J. W. Atkinson and W. J. Atkinson. Plead guilty. Jointly fined $10 and costs. Martin Styen. Dismissed. Herman Meyer. Plead not guilty as to donig business without proper license. A. L. Cheney and J. F. Pugh. Granted until today to plead. F. H. Clayson and William Clayson Dismissed. E. W. Moyer. Dismissed. Kelly & Co. and John Duckering Plead guilty and fined $15 and costs. The grand jury handed in two true bitts and reported that they had finished their labors, and that there were no further matters that could be heard by them at this time. They were then discharged from further duty. United States vs. J. G. Price, receiver of the First National Bank of Skagway, H. A. Baur and T. M. Worl, co-partners, do. Ing business as H. A. Baur & Co. Defendant's demurrer overruled, and 10fendant given thirty days in which to plead. Miller VS. Alaska Steamship Company. Plaintiff was on witness stand when court adjourned.