Moscow National Bank

Bank Information

Episode Type: Run Only
Bank Type: national
Bank ID: 4584
Charter Number: 4584
Start Date: October 5, 1895
Location: Moscow, Idaho (46.732, -117.000)

Metadata

Model: gpt-5-mini
Short Digest: 2fa65953

Response Measures

None

Other: Grand jury indictments of ex‑county treasurer John Gilstrap and R. S. Browne (president, Moscow National Bank) and I. C. Hattabaugh (president, suspended Commercial Bank).

Description

Newspapers (Oct 1895) report indictments of the bank president and that county funds were withdrawn from the Moscow National in the course of business until now there is not a dollar belonging to the county on deposit. There is no explicit statement that the Moscow National suspended or closed; the Commercial Bank is described as suspended. The withdrawals appear tied to alleged misconduct/embezzlement matters, so classified as a run driven by bank-specific adverse information.

Events (1)

1. October 5, 1895 Run

Cause: Bank Specific Adverse Info
Cause Details: County funds withdrawn after indictment of ex‑county treasurer and the bank president; embezzlement/contract allegations linked to the bank president.
Newspaper Excerpt: From the Moscow National the county funds have been withdrawn in the course of business until now there is not a dollar belonging to the county on deposit.
Source: newspapers

Newspaper Articles (3)

1. October 11, 1895 Idaho County Free Press Grangeville, ID

Article from Idaho County Free Press, October 11, 1895

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Article Text

THE COUNTY MONEY Two Bank Presidents Indicted by Moscow Grand Jury. EX-TREASURUR GILS1RAP ALSO Agreement to Deposit County Funds in Banks Provided the Presidents Go on the Bond. Moscow, Idaho, Oct. 5.-Two indictments, returned by the grand jury last evening, have created a sensation in this community. They are against exCounty Treasurer John Gilstrap, R. S. Browne, president of the Moscow National bank and I. C. Hattabaugh, president of the suspended Commercial bank of this city. The parties appeared in court this morning, Mr. Browne coming in even before the warrant was served upon him, and gave bonds for their appearance. The first indictment is based upon the fact that Gilstrap agreed to deposit county funds in the Moscow National bank and in the Commercial bank if Messrs. Browne and Hattabaugh, the presidents of the two institutions, would go on his bond. The county funds in the Commercial bank were tied up by the failure of the bank. From the Moscow National the county funds have been withdrawn in the course of business until now there is not a dollar belonging to the county on deposit. The second indictment charges the same parties with embezzling $3946, which was used by Gilstrap to redeem collateral securities so as to save the county from the loss in the Commercial failure. It will be interesting to learn how Browne and Hattabaugh are to be connected with the matters that led to the second indictment as Mr. Browne was in California at the time, and Gilstrap has testified that Hattabaugh was ignorant of his action. It is also stated that Commissioner Leasure, who was active in securing the indictment, is a stockholder in the Moscow National and was aware of the contract when made. The actions of the grand jury have excited considerable comment. One prominent populist stated today that he was surprised at these indictments when others had escaped. The bonds were fixed at $1000 in the contract case and $2000 in the embezzlement case.

2. October 12, 1895 Pullman Herald Pullman, WA

Article from Pullman Herald, October 12, 1895

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Article Text

Two Bank Presidents Indicted by Moscow Grand Jury. EX-TREASURUR GILS1RAP ALSO Agreement to Deposit County Funds in Banks Provided the Presidents Go on the Bond. Moscow, Idaho, Oct. 5.-Two indictments, returned by the grand jury last evening, have created a sensation in this community. They are against exCounty Treasurer John Gilstrap, R. S. Browne, president of the Moscow National bank and I. C. Hattabaugh, president of the suspended Commercial bank of this city. The parties appeared in court this morning, Mr. Browne coming in even before the warrant was served upon him, and gave bonds for their appearince. The first indictment is based upon the fact that Gilstrap agreed to deposit county funds in the Moscow National bank and in the Commercial bank if Messrs. Browne and Hattabaugh, the presidentsof the two institutions, would go on his bond. The county funds in the Commercial bank were tied up by the failure of the bank. From the Moscow National the county funds have been withdrawn in the course of business until now there is not a dollar belonging to the county on deposit. The second indictment charges the same parties with embezzling $3946, hich was used by Gilstrap to redeem collateral securities so as to save the county from the loss in the Commercial failure. It will be interesting to learn how Browne and Hattabaugh are to be connected with the matters that led to the second indictment as Mr. Browne was in California at the time, and Gilstrap has testified that Hattabaugh was ignorant of his action. It is also stated that Commissioner Leasure, who was active in securing the indictment, is a stockholder in the Moscow National and was aware of the contract when made. The actions of the grand jury have excited considerable comment. One prominent populist stated today that he was surprised at these indictments when others had escaped. The bonds were fixed at $1000 in the contract case and $2000 in the embezzlement case.

3. October 12, 1895 The Kootenai Herald Bonners Ferry, Kootenai, ID

Article from The Kootenai Herald, October 12, 1895

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Article Text

Two Bank Presidents Indicted by Moscow Grand Jury. EX-TREASURUR GILSIRAP ALSO Agreement to Deposit County Funds in Banks Provided the Presidents Go on the Bond. Moscow, Idaho, Oct. 5.-Two indictments, returned by the grand jury last evening, have created a sensation in this community. They are against exCounty Treasurer John Gilstrap, R. S. Browne, president of the Moscow National bank and I. C. Hattabaugh, president of the suspended Commercial bank of this city. The parties appeared in court this morning, Mr. Browne coming in even before the warrant was served upon him, and gave bonds for their appearance. The first indictment is based upon the fact that Gilstrap agreed to deposit county funds in the Moscow National bank and in the Commercial bank if Messrs. Browne and Hattabaugh, the presidentsof the two institutions, would go on his bond. The county funds in the Commercial bank were tied up by the failure of the bank. From the Moscow National the county funds have been withdrawn in the course of business until now there is not a dollar belonging to the county on deposit. The second indictment charges the same parties with embezzling $3946, which was used by Gilstrap to redeem collateral securities so as to save the county from the loss in the Commercial failure. It will be interesting to learn how Browne and Hattabaugh are to be connected with the matters that led to the second indictment as Mr. Browne was in California at the time, and Gilstrap has testified that Hattabaugh was ignorant of his action. It is also stated that Commissioner Leasure, who was active in securing the indictment, is a stockholder in the Moscow National and was aware of the contract when made. The actions of the grand jury have excited considerable comment. One prominent populist stated today that he was surprised at these indictments when others had escaped. The bonds were fixed at $1000 in the contract case and $2000 in the embezzlement case.