Merchants National Bank (Devils Lake, ND)

View Charter #3714 on SPMC View balance sheet

Episode Information

Episode Type
Run → Suspension → Closure
Start Date
January 4, 1897
Location
Devils Lake, North Dakota (48.112, -98.876)
Bank Type
national
Charter Number
3714

Metadata

Episode ID
Bank ID
City ID
381028672
Model
gpt-5-mini
Short Digest

Response Measures

Capital injected, Full suspension, Books examined

Receivership Details

Depositor recovery rate
100.0%
Date receivership started
1897-01-11
Date receivership terminated
1897-08-07
OCC cause of failure
Losses
Share of assets assessed as good
49.6%
Share of assets assessed as doubtful
43.0%
Share of assets assessed as worthless
7.5%

Notes

Official receiver appointment reported on Jan 12; government action followed an initial run and temporary closing.

Events (5)
1. May 24, 1887 Chartered
Source
historical_nic
2. January 4, 1897 Run
Cause
Local Banks
Cause Details
Runs/unrest from other regional bank failures and prospect of a general run prompted withdrawals; county deposit likely to be withdrawn and train with currency delayed.
Measures
Bank did not open doors; cashier refused to open pending action of comptroller; closed to stem withdrawals.
Newspaper Excerpt
A number of depositors withdrew their money Saturday; prospect of a general run
Source
newspapers
3. January 4, 1897 Suspension
Cause
Government Action
Cause Details
Bank closed and left pending action of the Comptroller of the Currency; bank officials called on examiner/told comptroller to take action.
Newspaper Excerpt
Bank closed awaiting the action of the comptroller
Source
newspapers
4. January 11, 1897 Receivership
Newspaper Excerpt
The controller of the currency has appointed C. H. Springer receiver of the Merchants' National Bank of Devil's Lake, N. D.
Source
newspapers
5. January 11, 1897 Receivership
Source
historical_nic

Newspaper Articles (20)
1. January 5, 1897 The Salt Lake Herald Salt Lake City, UT
Article from The Salt Lake Herald, January 5, 1897

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At Devil's Lake, Too. Devils Lake, N. D. Jan. 4. -The Merchant's National bank did not open its doors this morning. The notice posted was: "Bank closed awaiting the action of the comptroller." A number of depositors withdrew their money Saturday. The county deposit of. $4,500 would probably have been called for, today, when the new treasurer took charge. This, together with the prospect of a general run and the non-arrival of a train owing to the blizzard with additional currency from the east, probably caused the decision of Cashier Wemple not to open the doors. The last statement, Dec. 17, showed deposits of $47,000; bills payable, $7,500, and discounts, stocks and securities $55,000. Cash on hand, $1,200.

2. January 5, 1897 Wheeling Register Wheeling, WV
Article from Wheeling Register, January 5, 1897

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COMMISSION MERCHANT ASSIGNS. CINCINNATI, O., January 4.-F. C. Balless. commission merchant, 110 East Front street, assigned to C. W. Scott. Assets, $21,000: liabilities, $37,000. THE MERCHANTS, OF DEVIL LAKE. DEVIL'S LAKE N. D., January -The Merchants National Bank closed its doors to-day pending action of the comptroller of the currency. President Percival is in the East, and the cashier would make no statement. The last statement showed $47,000 deposits. JEWELRY FIRM FAILS. CHICAGO January 4.-L. W. Abt & Co., wholesale jewelers, falled to-day. AN IOWA BANK BROKE. MASON CITY, Iowa. January 4.-The First City Bank of Nora Springs has failed. An assignment was made to Byron Gammidge.

3. January 5, 1897 The Salt Lake Herald Salt Lake City, UT
Article from The Salt Lake Herald, January 5, 1897

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At Devil's Lake, Too. Devils Lake, N. D. Jan. 4.-The Merchant's National bank did not open its doors this morning. The notice posted was: "Bank closed awaiting the action of the comptroller." A number of depositors withdrew their money Saturday. The county deposit of. $4,500 would probably have been called for, today, when the new treasurer took charge. This, together with the prospect of a general run and the non-arrival of a train owing to the blizzard with additional currency from the east, probably caused the decision of Cashier Wemple not to open the doors. The last statement, Dec. 17, showed deposits of $47,000; bills payable, $7,500, and discounts, stocks and securities $55,000. Cash on hand, $1,200.

4. January 5, 1897 The Seattle Post-Intelligencer Seattle, WA
Article from The Seattle Post-Intelligencer, January 5, 1897

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line before the paying teller's window. The bank officials realized fully what such a run meant, and promptly called on Bank Examiner Kenyon to take possession of the bank and that official is now in charge. The West Side bank. a small but possibiy stronger bank. cleared through the Allemania, and today its clearings were returned by the latter institution. Following this, there was 3 run inangurated on the bank, and at 2 p. m. the bank officials closed the doors and called a meeting of the directors to decide what action to take. The decision was apparent late in the afternoon, when they filed a deed of assignment to Cashier Staples, the cashier of the bank. Considerable public money (s tied up in the, three institutions, ut there is ample for all immediate needs in the other banks of the city. The assignment of the Germania and West Side banks has brought up a somewhat new question in the banking laws of this state and the courts will be called on to settle R. The state bank examiner doubts their rights to assign, holding that they should have under the law turned over their assets to him. The attorney general intimates that he will bring action to test the matter as soon as the papers can be prepared. The last official statement of the Germania bank. December 21, gave loans and discounts, $975,420.53; cash, $150,000; total resources, $1,625,788. Among the liabilities were: Capital stock, $400,000; surplus and undivided profits, $58,797; individual deposits subject to check, $345,191; demand certificates of deposit, $7,809: time certificates of deposit, $633,019. The last official statement of the Allemania, made December 17, showed loans and discounts, $706,842; undivided profits, less expense, $58,764; individual deposits, $329,789; interest certificates, $187,253. The total assets of the West Side bank are $217,024.17; of this $150,000 is in loans and discounts, and $28,000 in real estate. The total deposits are $113,546. ST. PAUL. Jan. 4-A Devil's Lake, N. D., special to the Dispatch says: The Merchants' National bank closed today, pending the action of the comptroller of the currency. The bank was organized in 1887, with $50,000 capital stock. Several years later Fashley Mears bought a controlling interest and increased the capital to $100,000. 'In 1892, when the Mears string of banks went down. the affairs of the Merchants' National were put in the hands of John A. Percival, the stock being reduced to $50,000. The last statement showed $47,000 deposits. MASON CITY, Iowa, Jan. 4.-The First City bank of Nora Springs has failed. An assignment has been made to Byron Gamming. QUINCY. Ill., Jan. 4.-The wholesale and retail crockery store of H. Ridder & Co. failed today. Assets, $40,000; liabilities, $30,000.

5. January 5, 1897 Richmond Dispatch Richmond, VA
Article from Richmond Dispatch, January 5, 1897

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Telegraphic Briefs. Dubuque, Ia.-The City Bank of Nora Springs, Ia., suspended. Montreal.-Sir Joseph Hickson, ex-president of the Grand Trunk railway, died. Chicago.-L. W. Abel & Co., wholesale jewellers, failed. Liabilities and assets unknown. Devil's Lake, N. D.-The Merchants' National Bank did not open. The notice posted was: "Bank closed awaiting action of the Comptroller." Washington.-The dispatch-boat Dolphin left Washington for Jacksonville, Fla., under orders to assist in enforcing the neutrality laws. Berlin.-The Tageblatt asserts that France and Russia have agreed to intervene at Washington to prevent a breach between the United States and Spain. Madrid.-The statement recently made by the newspaper El Pais that the Japanese are assisting the rebels in the Philippine Islands with men and munitions of war is officially denied. Augusta, Ga.-L. Warner, a Hebrew merchant, while throwing water out of a third-story window, lost his balance and fell to the ground, breaking his neck. He was about 65 years of age. Paris.-Official returns from the elections which were held in France Sunday for the choice of a third of the members of the Senate, show that 69 Republicans, 13 Radicals, 3 Socialists, and 12 Reactionists were elected. Madrid.-A dispatch from Habana says it is expected that Maximo Gomez and other insurgent leaders will soon make overtures to the Spanish military authorities in Cuba with a view to securing favorable terms of surrender. Omaha, Neb.-The Wyoming State General Hospital, at Rock Springs, Wyo., was burned to the ground. The ten patients were removed, but one of them, a woman, died from fright while being taken to temporary quarters. Loss, $45,000; insurance, $15,000. Savannah. Ga.-The annual meeting of stockholders of the Augusta and Savannah railroad re-elected the following directors: J. F. Weed, Joseph F. Owens, Frank H. Miller, W. W. Thomas, F. S. Lathrop, A. R. Lawton, Jr., and H. H. Hull. New York.-The Morgan Line steamer Creole, outward bound for New Orleans, which was in collision Saturday evening with the British steamer Hindoo in the lower bay, remained anchored until 6 o'clock Monday morning, when she proceeded on her voyage. Habana.-The correspondents of the Madrid newspapers, the Imparcial, Heraldo, and Correspondencia, now in Habana, have received orders from their respective offices to proceed to the Island of Porto Rico, at the beginning of the month of March, and there await instructions. Philadelphia.-Justice Mitchell, in the Supreme Court, rendered an opinion reversing the verdict of $45,000 for libel, which was found in the Common Pleas Court against the Philadelphia Times, and in favor of ex-Mayor William B. Smith, of this city. A new trial was granted the Times. Knoxville, Tenn.-Polly Brannum, possibly the oldest woman in Tennessee, died at the advanced age of 109. She was the daughter of a Revolutionary patriot, and in her day was acquainted with Sevier, Blount, Roan, Carroll. Samuel Houston, Andrew Johnson, Jackson. Polk, and other men of national reputation.

6. January 5, 1897 The Saint Paul Globe Saint Paul, MN
Article from The Saint Paul Globe, January 5, 1897

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ONE OF MEARS' BANKS. Failure at Devil's Lake Does Not Affect Other Institutions. Special to the Globe. DEVIL'S LAKE, N. D., Jan. 4.-The Merchants National Bank did not open its doors this morning. Notice was posted as follows: "Bank closed awaiting the action of the comptroller." A number of depositors withdrew their money Saturday. The county deposit of forty-five hundred dollars would probably have been called for today when the new treasurer takes charge. This together with the prospect of a general run and the non-arrival of the train, owing to the blizzard, with additional currency from the East, probably caused the decision of Cashier

7. January 6, 1897 The Enterprise Wellington, OH
Article from The Enterprise, January 6, 1897

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FIVE BANKS SUSPEND. Three Concerns at St. Paul Fail and Institutions in Iowa and North Dakota Put Up the Shutters. ST. PAUL, Minn., Jan. 5.-The Germania, the Allemania and the West Side banks, all doing business as state banks, closed their doors Monday, every one of them being pulled down by their depositors. The failure of the Bank of Minnesota, December 22, caused unrest in the community, and depositors withdrew their money from the three banks above named to such an extent that they were forced to go to the wall because they had not funds enough immediately in hand to meet the demands upon them. Each of the three, however, is solvent and all of them will reorganize as soon as the machinery for that purpose can be put into use. The directors of the Germania met last evening and appointed a committee on reorganization. The Germania is in the hands of P. M. Kerst, assignee, and the other two are in the hands of Bank Examiner Kenyon. The last official statement of the Germania bank showed total resources of $1,625,768. Liabilities $1,625,768, including $400,000 capital stock and $633,019 in time certificates of deposit. Deposits subject to check are $345,191. The total resources of the Allemania were $1,061,009. Liabilities were $1,061,009, including capital stock of $400,000 and deposits of $329,789. The official statement of the West Side bank, made to the state bank examiner on December 15, is as follows: Total assets $217,014. Of this $150,000 was in loans and discounts and $28,000 in real estate. The total deposits were $113,546. There was a considerable run on the three savings banks during the afternoon, but all gave depositors notice that they must give 60 days' notice before withdrawing funds. All are perfectly solvent. DEVIL'S LAKE, N. D., Jan. 5.-The Merchants' National bank did not open its doors Monday. A number of depositors withdrew their money Saturday. The probable withdrawal of the county deposit of $4,500 yesterday when the new treasurer took charge, together with the prospect of a general run and the non-arrival of a train with additional currency from the east caused Cashier Wemple not to open the doors. The last statement made by the bank, December 17, showed deposits of $47,000. MASON CITY, Ia., Jan. 5.-The First City Bank of Nora Springs has failed. It was a state bank and the business conducted by the institution was not extensive.

8. January 7, 1897 Shepherdstown Register Shepherdstown, WV
Article from Shepherdstown Register, January 7, 1897

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# BAD BUSINESS. The past two weeks have not been exactly what the gold standard orators promised as a result of the election of Major McKinley President and the triumph of "honest money" principles. On the contrary, the developments show that the financial condition of the country is not gilt-edged by any means, and there is a feeling of uneasiness in the business world and a spreading belief that the gold standard is not all that its friends tried to prove it. The record of broken banks is a startling one. We have heretofore referred to the failures of some of the oldest and largest banking institutions in Chicago. St. Paul, Minnesota, has also passed through a panic from the same cause. Last Saturday three State banks went under, and Monday of this week the Germania, the Allemania and the West Side banks in that city failed, and runs were made on other banks. The excitement has been allayed, but the situation is critical there. Saturday there was a bank failure at Fargo, N. D., Omaha, Neb., and Denver, Col. The Commercial National Bank of Roanoke, Va., has also gone to the wall, and others in the same list the past two weeks are the Merchants' National at Devil's Lake, N. D., the Calumet at Chicago, one at Superior and one at West Superior, Wis., the Atlas National of Chicago, and the Farmers' Trust at Sioux City, Iowa. Many manufacturing and business concerns in various parts of the country have also collapsed, among them being the failure of Isaac Prager & Son, of Parkersburg, this State, whose liabilities will run up into the hundreds of thousands. One of the distressing features of the present situation is the number of suicides of bank officials, men who, feeling disgraced by the failure of their banks, or in remorse at their own wrong-doing, having taken their own lives. Richard Cornelius, cashier of the National Farmers' and Planters' Bank of Baltimore, was on Monday found to be a defaulter to the amount of over $40,000, and when he saw he could no longer hide his crime he went out and drowned himself. He was regarded as one of the most upright men in Baltimore. The bank is solid and well able to stand the loss. Last Saturday Henry Husted, cashier of the National Bank of Liberty, Ind., hanged himself. The same day W. A. Hammond, cashier of the collapsed National Bank of Illinois, drowned himself in Lake Michigan at Chicago. Otto Grosmandorff, another banking official affected by the same failure, blew his brains out with a pistol. President-elect McKinley is no more to be blamed for these failure and the consequent troubles than Mr. Bryan would have been had he been elected. Nor is the Republican party any more responsible for dishonest bank officials than the Democratic party. Yet these occurrences point unmistakably to the truth of the assertions of the free silver advocates that there is something wrong with the financial system of the country, and it will be hard to persuade the people that the gold standard is the panacea for our monetary and commercial evils. In a speech some time ago Senator Stewart said "the gold standard is driving unnumbered people to poverty, despair, degradation and suicide." He spoke like a prophet.

9. January 7, 1897 River Falls Journal River Falls, WI
Article from River Falls Journal, January 7, 1897

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stove. Near Decatur, Ga., Tom Flanagan, wh e drunk, shot and killed G. W. Allen and wife and Miss Ruth Slack. The doors of the Second national bank at Grand Forks, N. D., wereclosed, with liabilities of $150,000. In Colorado the production of precious metals in 1896 was: Gold, $16,500,000; silver $12,058,000. In Utah the production was: Gold, 93,896 fine ounces; silver, 8,728,705 fine ounces. Hazen S. Pingree was inaugura governor of Michigan. The oldest railroad director in the world, Samuel M. Young, died in Tole do, 0., in his 91st year. In ten days the five children of Ja is Vogel, of Sandusky, O., died from diphtheria. Charles A. Weyrich, aged 24, and Charles D. Carpenter, aged 29, two close friends, ended their lives in the Planter's hotel in St. Louis by taking poison. No cause is known for the deed. Cyclone nearly demolished the town of Mooringsport, La., and killed the four children of Jesse Goodman. Many other persons were injured, some fatally. The Tennessee legislature convened at Nashville for a session to last 75 days. A freight train ran into a landslide near New Haven, Mo., killing Engineer Homar Evans, Fireman Henry Horkup and Brakeman J. E. McQueen. The doors of the State savings bank at Whitehall, Mich., were closed with liabilities of $100,000. In Chicago William A. Hammond, aged 45 years, second vice president of the National Bank of Illinois, that failed recently, committed suicide by drowning himself in Lake Michigan. At Fargo, N. D., the Citizens' national bank suspended payment. At Omaha, Neb., the savings bank closed its doors with liabilities of $850,000; assets, $1,000,000. Flames which started in Lebeck's dry goods store in Nashville, Tenn., destroyed ten buildings, the total loss being $400,000. After 30 years of judicial service Jus. tice R. Rothrock has retired from the supreme court of Iowa. At Devil's Lake, N. D., the Merchants' national bank closed its doors, with liabilities of $50,000. Edward Scofield was inaugurated a3 governor of Wisconsin. Advices from different sections of Michigan say that great damar has been done by heavy rains. In Chicago an ordinance passed by the city council will have the effect of obliterating the high hat in theaters and music halls. Seven miles northeast of Nelson, Neb., three stock men were frozen to teath. Five men were killed by an explosion in a mine at Hartshorne, I. T. The Germania bank in St. Paul closed its doors with liabilities of $1,000,000 and the West Side bank followed suit owing depositors $113,000. Richard Cornelius, cashier of the National farmers' and planters' bank in Baltimore, Md., being a defaulter to the extent of $60,000, committed suicide by drowning himself. Legislatures of California, Montana and Idaho met in their respective capitals. In Montana Robert B. Smith was inaugurated as governor and in Idaho Gov. Frank Steunenberg took the oath of office. Fire destroyed the Wyoming state

10. January 8, 1897 The Columbia Herald Columbia, TN
Article from The Columbia Herald, January 8, 1897

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Garwood's Sarsaparilla-for the blood -guaranteed to cure. A.B. RAINS THE RECORD OF PROSPERITY, As Told in the Headlines of City Dailies. The following short paragraphs, clipped from the headlines of large city dailies, tell in a nutshell the inroad "prosperity" is making upon the commercial world: Omaha Savings Bank closes its doors.-Liabilities $890,000. Western Paper Bag Company of Batavia, Ill., in a receiver's hands.Liabilities will probably exceed $100,000. Run on First National Bank at Cripple Creek, Col. Fargo (N. D.) Bank Fails, with capital of $100,000. Strain too much for W. A. Hammond, Vice-President of the collapsed Bank of Illinois.-Seeksrelie from troubles at the lake's bottom. Crisis threatens the financial affairs of St. Paul, Minn.-Three institutions close their doors in one day. At Devil's Lake, N. D.-Merchants' National Bank suspends further operations. Runs on other banks at St Paul. Receiver appointed for the Iowa Mortage Co. Liabilities $5,000. Ornamental Iron & Fence Co., of Chattanooga, 1 assigns. For $62,000.-Foreclosure entered against Venice Grain Elevator Co., of Springfield, Ill. First City Bank of Nora Springs, Ia., has failed. Liabilities $30,000.-H. Ridder & Co., of Quincy, Ill., have failed. The disgrace was too mnch.-Richard Cornelius, Cashier of the National Farmers' and Planters' Bank, of Baltimore, committed suicide last Monday by drowning e himself. He was $60,000 short in his accounts. y t Assignments at Memphis.-The Southern Paper & Woodenware Co., 5 with a total liability of $43,978. A. e H. Kortrecht & Co., and Tate & n Barbee, two smaller concerns, also 6 succumb. e Receiver appointed for the Calu1met Bank at Chicago. Assets, $74,325; liabilities, $70,640. At Sedalia, Mo.-The Van Wagener-Hanney Shoe Co., oldest and 0 largest house in the city, closes its m doors.

11. January 12, 1897 Evening Star Washington, DC
Article from Evening Star, January 12, 1897

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Bank Receiver Appointed. The controller of the currency has appointed C. H. Springer receiver of the Merchants' National Bank of Devil's Lake, N. D.

12. January 12, 1897 The Morning Times Washington, DC
Article from The Morning Times, January 12, 1897

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City Brevities Superintendent McKensie of the street and alley cleaning department is in New York on official business. Perry H. Carson was yesterday appointed an inspectori in the health department, with compensation at the rate of $4 per day. A meeting of the Baptist Young People's Union will be held tonight. Rev. J. R. Willingham will address the meeting. Titian J. Coffee of Pennsylvania, aged sixty-five years, formerly prominent in Pennsylvania politics, died here yesterday afternoon. Comptroller Eckels yesterday appointed Charles H. Springer receiver of the Merchants' National Bank, of Devilslake, N. D., recently failed. The Secretary of "War has awarded to Hughes Bros. & Bangs, of Syracuse, N. Y., the contract for the extension of the Buffalo breakwater, at $1,765,450. The sum of $75 was alloted yesterday from the police relief fund to defray the funeral expenses incurred for the late Private L. B. Hathaway. Formal order was made yesterday for fining privates Seitz and Buscher of the fire department for violation of the rules, as heretofore noted in The Times. It was ordered by the Commissioners yesterday that the Baltimore and Ohio Railroad Company be requested to repair its crossings at E and G streets northeast, by planking them over solidly. The Virginia Republican Association held an interesting meeting last night to determine whether they would participate in the inaugural ceremonies of the Presidentelect. It was decided to do so. Secretary Roger Williams of the excise board was at his desk today for the first time since the accident to his ankle, over seven weeks ago. He is obliged to use crutches. President George W. Stewart of Emancipation Historical and Celebration Association has issued a call for a mass meeting to be held at Green's Hall, for the purpose of electing a chief marshal.

13. January 13, 1897 Morris Tribune Morris, MN
Article from Morris Tribune, January 13, 1897

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NEWS OF THE WEEK. NEWS FROM WASHINGTON. The Loud postal bill has passed the house. The pacific railroad funding bill was defeated in the house by a vote 102 to 168. The Anglo-American general arbitration treaty has been signed by Olney and Pauncefote. The senate has passed the house bill abolishing the death penalty in a large number of cases. Electoral colleges of the various states met Monday to cast ballots for president and vice president. A fraud order has been issued against the Washington Farming Land company of Seattle, Wash. Colonel J. P. Canby, chief paymaster of the United States army, department of Colorado, has retired. Joseph A. Springer, United States vice consul at Havana, has returned home on a leave of absence. The Indian appropriation bill carries $7,405,000, a reduction, and makes provision for new schools in South Dakota. The comptroller of the currency has appointed C. H. Springer receiver of the Merchants' National bank of Devils Lake, N. D. The Smithsonian Institution has decided to make the sultan of Turkey a present of a lifesize figure of a Sioux Indian chief.

14. January 13, 1897 The Star Reynoldsville, PA
Article from The Star, January 13, 1897

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THREE BANKS CARRIED DOWN. Deposito # Force the Closing of Three St. Paul Institutions. The Gormania, the Allemania and West Side banks, of St. Paul, all State banks, closed their doors Monday. The failure of the Bank of Minnesota December 22, caused unrest, and depositors withdrew their money from the three banks named to such an extent that they were forced to the wall because they had not funds enough to meet the demands. Each of the the three, however, is solvent, and all will reorganize. The Germania is in the hands of P. M. Kerst, as assignee, and the other two are in the hands of Bank Examiner Kenyon. The closing of the Germania was in pursuance of the action of the directors on Saturday night, who concluded to protect their depositors by suspending. President Willins prepared a statement in which he attributed the suspension partly to the circulation of false reports concerning the bank by people who are "a veritable pest and deserve the contempt of the community." The bank had paid out nearly $225,000 in nine days preceding Saturday. and although it had still on hand over $100,000, the directors concluded it was wisest to suspend. The Allemania closed with a crowd of depositors clamoring at the paying teller's window for their money. President Scheffer said the failure was due to the large number of withdrawais, and the fact that most of the depositers withheld their deposits. The suspension of the Germania caused the depositors to come down like a herd of wolves. The West Side bank cleared through the Allemania, and fol owed it into colapse. Public funds were on deposit in all three of the closed banks. The State has $10,546 in the Germania, $35,302 in the Allemania, and $3,646 in the West Side bank. The county treasurer had deposited $9,935 in the Germania, $26,215 in the Allemania, and $7,564 in the West Side bank. City Treasurer Horst had on deposit city funds in the Germania to the amount of $49,193; in the Allemania $151456, and in the West Side bank $21,894. There was a considerable run on the three savings banks. but all gave depositors notice that they must give 60 days' notice before withdrawing funds. The City bank of Nora Springs, Ia., suspended. The United States court appointed William F. Fuller, of Hartford, Conn., receiver of the Iowa Mortgage company, which negotiates loans and securities and guarantees payment. The Merchants' National bank, of Devil's Lake, N. D., did not open its doors Monday morning. A number of depositors withdrew their deposits Saturday. The last statement showed: Deposits. $47,000; bills payable, $7,500; discounts, stocks and securities, $55,000; cash, $12,500.

15. January 14, 1897 Democratic Northwest and Henry County News Napoleon, OH
Article from Democratic Northwest and Henry County News, January 14, 1897

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NEWS OF THIS WORLD HAPPENINGS GREAT AND SMALL FROM EVERY SECTION. Items of Interest Carefully Collected and Condensed From Day to Day Concerning Persons and Things In All Countries Under the Sun. Tuesday. Dr. Pancost of Philadelphia is dead. A mad dog mangled Mrs. Frank Gusman at Huntington, Ind. The Merchants' National bank of Devil's Lake, N. D., has failed. Four train wreckers in jail at Birmingham have confessed their crime. A freight train jumped the track and ran into a store at Empire, Ky. The Wyoming Insane asylum caught fire and one patient died from fright. Belle Morgan, who committed suicide in Cincinnati, was an expert diamond thief. The verdict of $45,000 against the Philadelphia Times for libel has been set aside. G. J. De Juster, the alleged Roumanian count, is wanted in Brooklyn for swindling. Congressman Money has returned to Havana after a mysterious absence of two days. The Standard cordage works of Boston started up after a shutdown of nearly three years. Corbett and Fitzsimmons have signed articles to fight on March 17 for a purse of $15,000. It is said all the Cubans on the wrecked Commodore are safe, but the Americans are missing. There is a shortage of $52,000 in the accounts of ex-County Recorder Samuel B. Chase of Chicago. Wednesday. Armor plate costs the United States $583 per ton. Cornelius N. Bliss of New York is slated for secretary of the navy. George C. Perkins retrns to the United States senate from California. Indiana Republicans will elect Charles W. Fairbanks to the United States senate. d A representative of the Cuban junta had a long conference with President-elect Mc1 Kinley. A 50 per cent dividend has been declared in favor of the creditors of the National Bank of Illinois. 8 The New York legislature is to be asked to limit the height of buildings in New York to 175 feet. Money in the Hanover National bank of New York belonging to the Ger bania bank of St. Paul has been attached. it Governor Altgeld of Illinois pardoned 20 desperate convicts in one day, 12 of whom t were murderers of the anarchist stripe. StateSenator Bolse Penrose, Quay's man, will succeed J. Donald Cameron in the f United States senate from Pennsylvania. Thursday. r J. H. Johnson & Company, New York, jewelers, assigned. Fifteen persons were drowned in a wreck off Catshead Rock. Lady Scott and her pals will be heavily sentenced for libel. T Eight Spanish and Italian anarchists were expelled from France. 11 The American National Bank of Colorado has been resuscitated. e The house passed the Loud bill relating d to second-class mail matter. Lawrence Brown, negro, was lynched at Orangeburg. S. C., for burning a barn. At Pickens, S. C., the residence of Rev. M. L. Jones was burned and his two children perished. Congressman Ray of New York has prepared a bill providing for trial by jury in contempt cases. n Senator Allison of Iowa refused to accept a cabinet portfolio tendered by Presidentelect McKinley. 11 The schooner Bonnell burned in the vicinity of Greenwich. She was. laden with cartridges and oil. Friday. Arguments in the Thomas E. Watson contest have begun in Washington. An x-ray machine is being constructed h with which to inspect armor plate. Governor Matthews of Indiana recommends a compulsory education law. e The trocha in Cuba has been almost completely demolished by the insurgents. S Horace Cook of Corning, N.Y., is charged with atempting to murder his father-in-law. General Gomez has raised the black flag, and no more Spanish prisoners will be taken. Messrs. Bryan and Altgeld delivered addresses at the silver celebration of Jackson day at Chicago. The Times-Herald (H. H. Kohlsaat) of Chicago is opposed to Martin Madden for United States senator. Daniel Flanagan, who was knocked out by William Katskill in New York, is dying of concussion of the brain. d There is strong suspicion in Washington that Spain paid the Mora claim under promise that the United States would not interd fere in Cuba. Saturday. The Osage river is on the rampage. Pittsburg miners are quarreling among themselves. A Des Moines teacher whipped Harry OIIver to death. Thousands of people are dying weekly at Bombay owing to a plague. d The Hawaiian people are still anxious to f be annexed to the United States. Simon Cooper, the bloodthirsty desperado, was shot near Fort Sumter, S. C. it The Central National bank of New York has voted to decrease its capital stock onehalf. g Lady Scott was sentenced to eight months for libeling her son-in-law, Earl Russell. W. C. Creede, the millionaire miner, and his wife, separated at Los Angeles, she accepting $20,000 cash. Tne United States notified Spain that the massacre of women and children in Cuba must stop. Rt. Hon. Rev. Frederick Temple was enst throned archbishop of Canterbury and prie. mate of all England with imposing ceree monies. E. Monday. Senator Wolcott has reached Liverpool. A duty on lead and nickel ore is desired. Ex-Governor Davis, 72, of Maine, was found dead in bed. In Kentucky 12 votes were cast for McKinley and one for Bryan. The plant of the American Tobacco company at Danville, Va., burned. The bank of Dreyer & Company of Chicago proved to be an empty shell. Rev. John P. Scott, former pastor at Hebron, O., died at Monticello, N. Y. Oklahoma settlers drove across the Amercan desert to Santa Ana In a wagon. The London Globe thinks the arbitration treaty is ridiculous and disgraceful. Taylor Brent, bookkeeper in the Covington (Ky.) German National bank, suicided. Senator Proctor of Vermont called on Chairman Hanna and President McKinley. Robert Laughlin was hanged at Brooksville, Ky., for murdering his wife and niece. Martin W. Duffy, former member of the Pittsburg police force, was arrested at Chicage.

16. January 19, 1897 The River Falls Times River Falls, WI
Article from The River Falls Times, January 19, 1897

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The Nation's Capital. The spanish legation at Washington has received no information regarding the proposed reforms in Cuba. Consul General Lee is highly indignant at statements which have been made by Congressman Money since his return to the United States from Cuba. The United States supreme court assigned the Laclede Gaslight company case for reargument on the second Mondoy of the next term. The controller of the currency has appointed C. H. Springer receiver of the Merchants' National Bank of Devils Lake, N. D. A bill fixing the age for the retirement from the classified civil service was introduced by Representative Gillett of Massachusetts. The house committee on commerce voted to report favorably a bill authorizing the Sierra Madre Construction company to construct or acquire a bridge across the Rio Grande at El Paso, Tex. The work on the battleships at the shipyard at New York has been temporarily suspended on account of an order requiring that all plates used must be first subjected to the longitúdinal and transverse tests. Several hundred men have been laid off. The Behring sea commission will not meet in San Francisco as expected. Nicholas R. Harris, who has just returned from Victoria, B. C., where he had been in attendance on the commission, reports that the commissioners will remain in Victoria.

17. January 21, 1897 The Princeton Union Princeton, MN
Article from The Princeton Union, January 21, 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 spanisn legation at Washington has received no information regarding the proposed reforms in Cuba. Consul General Lee is highly indignant at statements which have been made by Congressman Money since his return to the United States from Cuba. The United States supreme court assigned the Laclede Gaslight company case for reargument on the second Mondoy of the next term. The controller of the currency has appointed C. H. Springer receiver of the Merchants' National Bank of Devils Lake, N. D. A bill fixing the age for the retirement from the classified civil service was introduced by Representative Gillett of Massachusetts. The house committee on commerce voted to report favorably a bill authorizing the Sierra Madre Construction company to construct or acquire a bridge across the Rio Grande at El Paso, Tex. The work on the battleships at the shipyard at New York has been temporarily suspended on account of an order requiring that all plates used must be first subjected to the longitudinal and transverse tests. Several hundred men have been laid off. The Behring sea commission will not meet in San Francisco as expected. Nicholas R. Harris, who has just returned from Victoria, B. C., where he had been in attendance on the commission, reports that the commissioners will remain in Victoria.

18. January 21, 1897 People's Voice Wellington, KS
Article from People's Voice, January 21, 1897

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Attorney General Harmon says that the government probably will act in the Pacific roads .case within thirty days. The steamer Howard sailed into port with :flags at half mast. Her captain, J. E. Taylor, had killed himself. A bill granting a right-of-way through Indian Territory to the Muskogee railroad was passed by the house. Secretary Coburn of the Kansas Agriculture, was indorsed for secretary of agriculture in the McKinley cabinet. The senate refused to make changes asked by Mr. Olney in the Orange Free State and Argentine extradition treaties. The bond of the treasurer of Missouri is said to be worth $2,500,000. Lon Stephen's accounts were found to be all right. Bailey of Texas was appointed a member of the committee on rules, and Boatner of Louisiana of the ways and means. The Albright boys are in danger of being lynched at Charleston, Mo., for the killing of Prosecuting Attorney Elliott. Senator Dubois' opponents succeded in having an election of a senator postponed a week in order to rally their forces. Representative Cobb says that General Miles is in favor of making Jefferson Barracks a first-class infantry and artillery post. The senate finance committee decided to report favorably the nomination of D. R. Francis to be secretary of the interior. The comptroller of the currency has appointed C. H. Springer receiver of the Merchants' National bank of Devil's Lake, N.D. The comptroller of the currency has appointed J. B. Atwater of Minneapolis receiver of the Columbia National bank of Minneapolis. General Miles returned the report on Jefferson Barracks to the board with orders to estimate the cost of needed improvements. Senator Sherman has accepted the portfolio of secretary of state in McKinley's cabinet. Mark Hanna will be appointed to the senate. Dennis Fylnn's free homes bill passed the senate yesterday by a large enough majority to insure free homes if the president should veto it. The Dawes commission has encountered opposition at the hands of the leaders of the five civilized tribes, who have taken possession of nearly all the land. The following postoffices have been established: Arkansas-Togo, Pope county. Indian Territory Bebee, Chickasaw Nation, Texas-Iverson, Hill county. Probably one reason why widows are soattractive is the circumstance that they are never addicted to the selfish practice of looking out for number one. Commander J. B. Coghland has been detached from duty as inspector of the Eighth Lighthouse district at New Orleans, and ordered to command the Richmond. Writing of his mother, J. M. Barrie the famous novelist, says:@"Everything I could do for her in this.life I havedone. 1 look back upon the years and I cannot see the smallest thing left undone." A citizen of Westbrook, Me., regarded as intelligent by his townsmen,says that whenever he has a severeJattack of rheumatism he confines himself to a diet of salt pork and soon regains his normal health, The United States civil service commission will hold an examination in Washington and in Fall other large cities where there are applicants February 10 to fill a vacancypin the position of expert horticulturist. A Cuban in New York says of Maceo that he was a man of the strictest moral integrity; thrt he never drank wine, never played cards and never smoked, even in a land where*nearly everybody, man, woman and child smokes. The other day President Cleveland

19. January 28, 1897 Courier Democrat Langdon, ND
Article from Courier Democrat, January 28, 1897

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The Nation's Capital. The spanisn legation at Washington has received no information regarding the proposed reforms in Cuba. Consul General Lee is highly indignant at statements which have been made by Congressman Money since his return to the United States from Cuba. The United States supreme court assigned the Laclede Gaslight company case for reargument on the second Mondoy of the next term. The controller of the currency has appointed C. H. Springer receiver of the Merchants' National Bank of Devils Lake, N. D. A bill fixing the age for the retirement from the classified civil service was introduced by Representative Gillett of Massachusetts. The house committee on commerce voted to report favorably a bill authorizing the Sierra Madre Construction company to construct or acquire a bridge across the Rio Grande at El Paso, Tex. The work on the battleships at the shipyard at New York has been temporarily suspended on account of an order requiring that all plates used must be first subjected to the longitudinal and transverse tests. Several hundred men have been laid off. The Behring sea commission will not meet in San Francisco as expected. Nicholas R. Harris, who has just returned from Victoria, B. C., where he had been in attendance on the commission, reports that the commissioners will remain in Victoria.

20. May 28, 1897 Little Falls Weekly Transcript Little Falls, MN
Article from Little Falls Weekly Transcript, May 28, 1897

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This Bank Pays in Full. DEVILS LAKE, N. D., May 22.-Judge Morgan has signed an order authorizing the stockholders of the Merchants' National bank to pay off all claims of depositors, after which they will régain possession of the bank asseta.