3811. Buena Vista State Bank (Storm Lake, IA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
September 4, 1895
Location
Storm Lake, Iowa (42.641, -95.210)

Metadata

Model
gpt-5-mini
Short Digest
945faa73

Response Measures

None

Description

Multiple newspaper notices (early September 1895) report the Buena Vista State Bank at Storm Lake failed and a receiver (County Clerk C. Bradford) was appointed due to trouble over paid-up capital and overvalued assets per the state auditor. No run or depositor panic is mentioned in the articles; bank went into receivership and is described as failed (liabilities ~$50,000).

Events (2)

1. September 4, 1895 Receivership
Newspaper Excerpt
Buena Vista State bank, of this place, is in a receiver's hands, County Clerk C. Bradford being appointed. ... Depositors are not likely to lose anything.
Source
newspapers
2. September 4, 1895 Suspension
Cause
Bank Specific Adverse Info
Cause Details
State auditor found certain property included as assets overvalued and trouble over paid-up capital led to closure.
Newspaper Excerpt
Buena Vista State bank, of this place, is in a receiver's hands, County Clerk C. Bradford being appointed. ... The action is due to trouble over its paid-up capital, certain property put in as assets being overvalued, in the state auditor's opinion.
Source
newspapers

Newspaper Articles (6)

Article from Rock Island Argus, September 4, 1895

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Article Text

Collapse of an Iowa Bank. SIOUX CITY, Sept. 4.-The Journai's Storm Lake, Ia., special says: Buena Vista State bank, of this place, is in a receiver's hands, County Clerk C. Bradford being appointed. The bank is one of the oldest in the county. The action is due to trouble over its paid-up capital, certain property put in as assets being overvalued, in the state auditor's opinion. Depositors are not likely to lose anything.


Article from River Falls Journal, September 5, 1895

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Article Text

A CONVENTION of free silver editors will be held at Little Rock, Ark., September 7. AT Bloomington, Ill., John Skinner a prominent business man, died while the funeral of his father was taking place. AT Deerfield, Wis., August Selnou and two sisters named Holtzhuler were killed by the cars. AT Denver a company was organized to operate the first steamboat line on the Colorado river. H. A. LEMON, editor of the Carson (Nev.) Tribune, was fined $50 and sent to jail for ten days for criticising the United States courts in the mint cases. WHILE insane Hezekiah Roberts, a young farmer at Butler. Ky., cut his wife's throat and then cut his own. IN session in Detroit the Waif Savers' association elected ex-Gov. R. J. Oglesby, of Illinois, as president. UTAH republicans nominated O. E. Allen for congress. FLAMES destroyed fourteen buildings, comprising the business section of Libertyville, III., the loss being $100,000. OVER 10,000 Kurds attacked the Armenian town of Kemakh and several villages and plundered the churches and monasteries and burned the houses. IN the mine disaster near Central City Col., fourteen men perished. IN San Francisco Alonzo J. Whiteman, formerly mayor of Duluth, Minn., ex-member of the Minnesota legislature, ex-banker and millionaire, who dissipated a fortune in a few years, was sentenced to nine years' imprisonment for forgery. BETWEEN Homan and Pope's, Ga., an excursion train was wrecked and fifty people, among them many Pythians, were hurt, and Mrs. C. W. Hancock and J. A. Kennedy were killed. MOREFIELD STORY, of Massachusetts, was elected president at the closing meeting in Detroit of the American Bar association. DORA HEILWAGON fatally shot her faithless lover, Henry Boding, and her rival, Rosa Swearingen, near Quincy, Ill., and made her escape. AT the age of 55 years Octavius Coke, secretary of state, died at Raleigh, N.C. AT the convention near Winterset, Ia., to choose a state senator for Adair and Madison counties, 4,000 ballots were taken without result. A CLOUDBURST wrecked twenty houses and made 600 persons homeless at San Marcial, N. M. AT Des Moines, Ia., the capstone of the Iowa sailors and soldiers' monument was put in place. The shaft is 150 feet high and cost $120,000. JACK WILSON, a hack driver at Battle Creek, Mich., shot his wife and then killed himself. IN Utah the supreme court decided that women cannot vote at the election in November. This reverses a decision made by Judge Smith at Ogden. IN Texas and the Indian territory reports show a total of 199,025 steers now being fed for market. ONE of the most learned and picturesque characters in modern Catholicism, Dr. Patrick F. Quigley, who caused the formation of the American Protective association, died in Toledo, O. THIS year the potato crop of Minnesota will be 10,000,000 bushels. THE Memphis (Tenn.) Car and Foun dry company went into the hands of a receiver with liabilities of $300,000 and assets of $775,000. AT Storm Lake, la., the Buena Vista state bank failed, with habilities of $50,000. THERE are 5,243 saloons in Chicago, 500 more than there were at this time last year. RICHARD MCGRIFF and his brother John, two of the oldest twins in the United States, celebrated their 91st birthday at their home in Geneva, Ind Both were in good health. THE oldest mason's widow in the world, Mrs. Mary Ann Bush, died at Novi, Mich., aged 112 years and 2 months.


Article from Warren Sheaf, September 5, 1895

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Article Text

WHILE insane Hezekiah Roberts, a young farmer at Butler. Ky., cut his wife's throat and then cut his own. IN session in Detroit the Waif Savers' association elected ex-Gov. R. J. Oglesby, of Illinois, as president. UTAH republicans nominated O. E. Allen for congress. FLAMES destroyed fourteen buildings, comprising the business section of Libertyville, III., the loss being $100,000. OVER 10,000 Kurds attacked the Armenian town of Kemakh and several villages and plundered the churches and monasteries and burned the houses. IN the mine disaster near Central City Col., fourteen men perished. IN San Francisco Alonzo J. Whiteman, formerly mayor of Duluth, Minn., ex-member of the Minnesota legislature, ex-banker and millionaire, who dissipated a fortune in a few years, was sentenced to nine years' imprisonment for forgery. BETWEEN Homan and Pope's, Ga., an excursion train was wrecked and fifty people, among them many Pythians, were hurt, and Mrs. C. W. Hancock and J. A. Kennedy were killed. MOREFIELD STORY, of Massachusetts, was elected president at the closing meeting in Detroit of the American Bar association. DORA HEILWAGON fatally shot her faithless lover, Henry Boding, and her rival, Rosa Swearingen, near Quincy, Ill., and made her escape. AT the age of 55 years Octavius Coke, secretary of state, died at Raleigh, N.C. AT the convention near Winterset, Ia., to choose a state senator for Adair and Madison counties, 4,000 ballots were taken without result. A CLOUDBURST wrecked twenty houses and made 600 persons homeless at San Marcial, N. M. AT Des Moines, Ia., the capstone of the Iowa sailors and soldiers' monument was put in place. The shaft is 150 feet high and cost $120,000. JACK WILSON; a hack driver at Battle Creek, Mich., shot his wife and then killed himself. IN Utah the supreme court decided that women cannot vote at the election in November. This reverses a decision made by Judge Smith at Ogden. IN Texas and the Indian territory reports show a total of 199,025 steers now being fed for market. ONE of the most learned and picturesque characters in modern Catholicism, Dr. Patrick F. Quigley, who caused the formation of the American Protective association, died in Toledo, O. THIS year the potato crop of Minnesota will be 10,000,000 bushels. THE Memphis (Tenn.) Car and Foun dry company went into the hands of a receiver with liabilities of $300,000 and assets of $775,000. AT Storm Lake, la., the Buena Vista state bank failed, with habilities of $50,000. THERE are 5,243 saloons in Chicago, 500 more than there were at this time last year. RICHARD MCGRIFF and his brother John, two of the oldest twins in the United States, celebrated their 91st birthday at their home in Geneva, Ind Both were in good health. THE oldest mason's widow in the world, Mrs. Mary Ann Bush, died at Novi, Mich., aged 112 years and 2 months.


Article from Griggs Courier, September 6, 1895

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Article Text

verses a decision made by Judge Smith at Ogden. REPORTS show a total of 199,025 steers now being fed for market in Texas and the Indian territory. SAMUEL A. EARLE, a prominent resident of Stamford, Conn., and his young son were drowned by the upsetting of a boat. JOHN McGBIFF and his brother Richard, two of the oldest twins in the United States, celebrated their 91st birthday at their home in Geneva, Ind. Both were in good health. MILKWEED is being cultivated in South Dakota for rubber and other useful things it yields. THE Buena Vista state bank at Storm Lake, Ia.. failed, with liabilities of $50,000. CHICAGO has 5,243 saloons, 500 more than there were at this time last year. A SEVERE earthquake shock was felt in Delaware, New Jersey, eastern Pennsylvania and eastern New York, including the western part of Long Island. No damage was done. THE potato crop of Minnesota will be 10,000,000 bushels this year. CHARLES TULLER & Co., coffee brokers of Philadelphia, made an assignment with liabilities of $100.000. A RECEIVER was appointed for the Memphis (Tenn.) Car & Foundry company, whose liabilities were $300,000 and assets $775,000. THE Academy of Music, the oldest playhouse in Buffalo, N. Y., and one of the historic theaters in America. was destroyed by fire, the loss being $250,000. REPORTS show a total of 199,025 steers now being fed for marketin Texasand the Indian territory.


Article from Perrysburg Journal, September 7, 1895

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Article Text

Boding, and her rival, Rosa Swearingen, near Quincy, III., and made her escape. THE firm of Penfield Brothers, printers and publishers, of Asbury Park, N.J., made an assignment. AT Battle Creek, Mich., Jack Wilson, a hack driver, shot his wife and then killed himself. THE convention near Winterset, Ia., to choose a state senator for Adair and Madison counties, took 4,000 ballots without result and adjourned. TWENTY houses were wrecked and 600 persons made homeless by a cloudburst at San Marcial, N.M. THE triennial conclave of the Knights Templar closed at Boston after the new officers were installed. A NEGRO farm hand that betrayed of a farmer of Simpson county, gan, the 14-year-old daughter mob. John Mulli- Miss., was lynched by a THE percentages of the baseball clubs in the National league for the week ended on the 31st ult. were: Baltimore, .650; Cleveland, .640; Philadelphia, .571; Boston, .563; Brooklyn, .552; Pittsburgh, 546; Chicago, .583; New York, .524; Cincinnati, .519; Washington, .327; St. Louis, .311; Louisville, .248. THE supreme court has decided that women cannot vote at the coming Utah election in November. This reverses a decision made by Judge Smith at Ogden. REPORTS show a total of 199,025 steers now being fed for market in Texas and the Indian territory. A. a resident Conn., SAMUEL of Stamford, EARLE, prominent and his young son were drowned by the upsetting of a boat. JOHN McGRIFF and his brother Richard, two of the oldest twins in the United States, celebrated their 91st birthday at their home in Geneva, Ind. Both were in good health. MILKWEED is being cultivated in South Dakota for rubber and other useful things it vields. THE Buena Vista state bank at Storm Lake, Ia. failed, with liabilities of $50,000. CHICAGO has 5,243 saloons, 500 more than there were at this time last year. A SEVERE earthquake shock was felt in Delaware, New Jersey, eastern Pennsylvania and eastern New York, including the western part of Long Island. No damage was done. THE potato crop of Minnesota will 10,000,000 bushels this year. CHARLES TULLER & Co., coffee brokers of Philadelphia, made an assignment with liabilities of $100,000. A RECEIVER was appointed for the Memphis (Tenn.) Car & Foundry com pany, whose liabilities were $300,000 and assets $775,000. THE Academy of Music, the oldest playhouse in Buffalo, N. Y., and one of the theaters in was historic America, being $250,destroyed by fire, the loss 000. REPORTS show a total of 199,025 steers now being fed for market in Texas and the Indian territory. THE treasury statement shows that the excess of expenditures over receipts for August was $3,693,103, against a deficit in July of $9,500,000. The custom receipts during the month were $15,639,047 and treasury receipts $28,952,696. W. FRAKER, of Excelsior Mo., who was Springs, DR. GEORGE supposed Missouri to been drowned in the two ago, was near Minn. Fraker's was river have Tower, years captured life in$58,000 and the heirs brought recover. The comwere defeated in the sured suit panies to for insurance last month. final decision, it being recorded WHILE endeavoring to prevent Fred from beating his wife at Pa., William was shot by the enraged fatally Wilkesbarre, Chapman husband. ex-convict, Davis CARTER, a colored and wounded wife at Ind. was shot HILL Vincennes, fatally He his divorced pursued by a posse and fatally shot. LABOR DAY was generally celebrated throughout the United States. THE National Association of Letter Carriers opened its sixth annual convention in Philadelphia. jury indicted of Spring magro, THE grand mayor recent Martin Valley, race Del- Ill., for complicity in the troubles at that place. THE cotton crop of the United States for 1894 and 1895 amounted to 9,901,251 bales, against 7,549,817 last year and 6,700,365 the year before. M. COOKE, of Franklin N. C., was appointed county, CHARLES caused secretary by of state to fill the vacancy the death of Octavius Coke. ED DONOVAN, of Natick, ran 00 yards Brockton, Mass., in nine and threeat fifths seconds, breaking the world's record for that distance. THE forty-fifth annual Ohio state fair opened at Columbus. despondent Dr. E. M. Reminghis mother at ton WHILE killed Hot life. Springs, Ark., and then took his own HENRY H. WOLFE & Co., of Louisville, Ky., one of the largest clothing firms in the south, failed for $250,000. of THE wholesale clothing store Shell, Rosenba & Steefel was burned at Rochester, N. Y., the loss being $100,000.


Article from The L'anse Sentinel, September 7, 1895

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LATER. THE treasury statement shows that the excess of expenditures over receipts for August was $3,693,103, against a deficit in July of $9,500,000. The custom receipts during the month were $15,639,047 and treasury receipts $28,952,696. CHARLES TULLER & Co., coffee brokers of Philadelphia, made an assignment with liabilities of $100,000. A RECEIVER was appointed for the Memphis (Tenn.) Car & Foundry com pany, whose liabilities were $300,000 and assets $775,000. RIOTERS at Hok Chiang, China, attacked the Christians, wounded four and destroyed houses. MARSHALL MCDONALD, of West Virginia, who had been United States commissioner of fish and fisheries for the last seven years, died in Washington, aged 60 years. MAJ. RICHARD SYLVFSTER, the oldest and one of the best-known journalists in Washington, died suddenly. THE Academy of Music, the oldest playhouse in Buffalo, N. Y., and one of the historic theaters in America, was destroyed by fire, the loss being $250,000. KING ALEXANDER of Servia nearly lost his life while bathing in the Bay of Biscay. MRS. MARY ANN BUSH died at Novi, Mich., aged 112 years and 2 months. She was the oldest mason's widow in the world. THE twenty-fifth anniversary of the battle of Sedan, the final engagement of the Franço-Prussian war, was celebrated at Berlin. JOHN MCGRIFF and his brother Richard, two of the oldest twins in the United States, celebrated their 91st birthday at their home in Geneva, Ind. Both were in good health. REPORTS show a total of 199,025 steers now being fed for market in Texasand the Indian territory. A SEVERE earthquake shock was felt in Delaware, New Jersey, eastern Pennsylvania and eastern New York, including the western part of Long Island. No damage was done. THE Buena Vista state bank at Storm Lake, Ia., failed, with liabilities of $50,000. THE percentages of the baseball clubs in the National league for the week ended on the 31st ult. were: Baltimore, .650; Cleveland, .640; Philadelphia, .571; Boston, .563; Brooklyn, .552; Pittsburgh, 546; Chicago, .533; New York, .524; Cincinnati, .519; Washington, .327; St. Louis, ,311; Louisville, .248.