Citizens National Bank (Spokane, WA)

View Charter #4005 on SPMC View balance sheet

Episode Information

Episode UID
400501122
Episode Type
Run → Suspension → Reopening
Bank Type
national
Bank ID
40050 national
Charter Number
4005
Start Date
June 6, 1893
Location
Spokane, Washington (47.659, -117.426)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
5967e225110dd17f

Response Measures

Full suspension, Books examined

Receivership Details

Date receivership started
1893-07-01
Date receivership terminated
1893-12-21
OCC cause of failure
Losses

Description

Bank suspended after the June 1893 panic, reopened Dec 1893, then later went into liquidation (Nov 1894).

Events (10)
1. April 8, 1889 Chartered
Source
historical_nic
2. June 6, 1893 Run
Cause
Macro News
Cause Details
Part of the widespread financial flurry/panic of early June 1893 that triggered runs on multiple Spokane banks.
Measures
No special measures other than attempted fortification; bank closed its doors at 2 p.m.
Newspaper Excerpt
Other banks were subjected to a severe run. At 2 o'clock this afternoon, the Citizens' National bank closed its doors.
Source
newspapers
3. June 6, 1893 Suspension
Cause
Macro News
Cause Details
Closed in response to the heavy withdrawals and general panic affecting local banks; funds could not be obtained in time.
Newspaper Excerpt
At two o'clock this afternoon, the Citizens' National bank closed its doors.
Source
newspapers
4. July 1, 1893 Receivership
Source
historical_nic
5. July 2, 1893 Receivership
Newspaper Excerpt
Comptroller Eckels has appointed J. H. Adams receiver of the failed Citizens' National bank, at Spokane, Washle., and has also directed Bank Examiner Swan to take charge of the First National bank, of Provo, Utah.
Source
newspapers
6. December 21, 1893 Restored To Solvency
Source
historical_nic
7. December 22, 1893 Reopening
Newspaper Excerpt
The Citizens' National Bank of Spokane Falls, Washington, heretofore in the hands of a receiver, has been placed in a solvent condition, with unimpaired capital, and has today been permitted to reopen its doors for business.
Source
newspapers
8. November 21, 1894 Other
Newspaper Excerpt
The Citizens' National bank will not open for business tomorrow. The bank will go into liquidation. The assets are $425,000; liabilities, $240,000.
Source
newspapers
9. November 30, 1894 Receivership
Newspaper Excerpt
The Citizen's National Bank of Spokane has gone into liquidation; a receiver has been appointed to pay off depositors.
Source
newspapers
10. December 13, 1894 Receivership
Source
historical_nic

Newspaper Articles (21)
1. June 7, 1893 The Helena Independent Helena, MT
Article from The Helena Independent, June 7, 1893

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ABUNDANT RESOURCES. All Depositors Got Their Money in Chiengo-Business Failures. CHICAGO. June 6.-Notwithstanding the fact that the Illinois Trust and Savings bank kept open until three o'clock this morning togive anxious depositorsa chance to draw their funds, a new line began to form before eight o'olock this morning, and at 10, the hour for opening, between 1,200 and 1,500 people were waiting at the doors with their savings books. The crowd was several times larger than at any time yesterday. The bank is considered absolately sound. Its assets figure up to over $28,000,000 and its stockholders are estimated to be worth in the aggregate fully $160,000,000. During the time when the run on the bank was hottest this afternoon Philip D. Armour. the millionaire packer, sent out some of his clerks to bring into his office 8 hundred or more of the most excited depositors, mostly women. To these Mr. Armour made a brief speech. assuring them that the bank was all right, and adding that Amour & Co. will guarantee to each of them the full amount of their deposit. If any of them were not satisfied with this he asked them to speak up and said he would give them their money. Two women asked for the amount of their deposit and were immediately paid in gold, while the remainder of the people went away satisfied. WASHINGTON,June6.-Comptrolter Eckles said to an Associated press reporter this morning that as far as advised no national bank in Chicago had been affected by yesterday's financial flurry. The clearing house stands ready to assist its members whenever necessary. An abstract of the condition of the Chicago national banks on the date of his last call showed A reserve of 29.45 per cent. or 4.45 above the legal requiements. The total resource rre $160,864,804; surplus, $11,516,700; undivided profits, $1,596,000. POKANE, June 6.-The Washington National bank and its adjunct, the Washington Savings bank, closed their doors this morning. They were crippled by a quiet run yesterday. Both show strong assets in excess of liabilities. but could not get money in time for the sudden whirl. At two o'clock this afternoon the Citizens' National bank closed its doors. By one o'clock the runs had almost entirely subsided. The other banks stood the strain with no visible sign of wearing and since they have been strengthening themsolves and the worst of the flurry is believed to be over. It is generally believed that there will be no more suspensions. BOSTON, June 6.-Potter & Potter, publishers of the :New England Magazine, the Yankee Blade, the Woman's Home Journal and other periodicals, made an assignment. The liabilities are from $75,000 to $100,000. The firm may resume. The failure WAS due to a losing business on the New England Magazine. PHILADELPHIA, June .--amuel A. Prince, the owner of the marble works here and the quarries in Rutlond, Vt., has failed. The liabilities are $100,000 and nominal assets $250,000. MILWAUKEE, June .-The State bank of this city has failed. It had a capital of $50,000 and n sarplus of $10,000. DEFIANCE, O., June 6.-The Savings bank of Andrew Sauer has failed.

2. June 7, 1893 The Anaconda Standard Anaconda, MT
Article from The Anaconda Standard, June 7, 1893

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Spokane Banks Close. SPOKANE. Wash.. June 6.--The Washington National bank and its adjunct. the Washington Savings bank. closed their doors this morning. They were crippled by a quiet run yesterday. Both show strong assets in excess of liabilities, but could not get money in time for the sudden whirl. Other banks were subjected to a severe run. At 2 o'elock this afternoon. the Citizens' National bank closed its doors. It is reported here. on apparently reliable authority. that the Palouse City bank of Palouse. has also suspended.

3. June 7, 1893 The Morning Call San Francisco, CA
Article from The Morning Call, June 7, 1893

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THREE WENT DOWN. Spokane Believes Now That It Has Seen the Worst. SPOKANE, June 6.-Three banks closed their doors to-day. They have assets largely in excess of liabilities, and have been conducted with sound management, but they were caught in a sudden whirl and flurry, the public suddenly became alarmed, and the distance from the money centers prevented timely fortification. When banking hours arrived this morning the Washington National and the Washington Savings banks, allied institutions, failed to open their doors. They had been subjected to a heavy run the day before, and although they had made arrangements for money it failed to arrive in time. This startled the public, and the run started anew upon all the banks. By 1 o'clock it had almost entirely subsided, but relief came too late for the Citizens' National, which closed its doors at 2 o'clock. The other banks stood the strain with no visible signs of weakening, and since they have been strengthening themselves the worst of the flurry is be-

4. June 8, 1893 The Seattle Post-Intelligencer Seattle, WA
Article from The Seattle Post-Intelligencer, June 8, 1893

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: Confidence Returning at Spokana , June 7.--[Special.]-Bank Exanimer K. T. Wilson is in charge of the Washington National and Citizen's National banks, which closed their doors yesterday. A better feeling prevails and there is no run on the other national banks. Merchants offer to take certificates of deposit and checks on any of the suspended banks at par.

5. June 8, 1893 The Yakima Herald Yakima, WA
Article from The Yakima Herald, June 8, 1893

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One evening during the latter part of last week Byron Smith made application to Shardlow & McDaniel to cash a check for $30, which appeared to be signed on the face by White & Leach, the butchers. Not having that much money to spare Mr. McDaniel advanced $20 on the check. supposing everything to be all right, as Smith had been buying cattle for the firm. That was the last seen of Smith for some days. The check proved to be a forgery and uttered by Smith, who had no authority to sign the name of White & Leach. Smith was traced to Pendleton and thence to Seattle, where Sheriff Simmons arrested him on Tuesday and brought bim to Yakima for trial. The prisoner's downfall is attributed to drinking and gambling, he having recently dissipated over one hundred dollars in this manner. In conformity with the Anderson railroad bill, the Northern Pacific has issued a revised tariff sheet reducing the rates on grain, flour, feed, millstuffs, flaxseed, potatoes and onions 41/2 cents on the 10J pounds to Portland, Tacoma and Seattle, making the rate 18 cents. The tariff on hay has been reduced from 17 to 141/2 cents per 100 to Tacoma and Seattle, and a proportionate reduction to all other points in the state. Ladies, your attention is called to the Shampooing, Hair Dressing, Facial Massage and Manicure rooms opened by Miss E. G. Dunning in the large Cadwell building, where she is prepared to wait on you, guaranteeing satisfaction. She is also agent for the celebrated cosmetics manufactured by Mrs. Gervais Graham, of Chicago. The financial stress combined with the thoughtless fear of depositors caused the Bank of Spokane, the Washington National, the Washington Savings bank and the Citizens National banks, of Spokane to close their doors this week. The banks are all solvent, but at a time when securities could not be quickly realized upon they could not withstand a coninued run. Owners of alfalfa fields are busy with their cutting, which is running unusually heavy and in many cases will average 3 tons to the acre. The heaviest cutting recorded for last year was by Mr. Fender, whose 7 acres averaged 33/4 tons at the last cutting. Alfalfa is quoted at $12.

6. June 14, 1893 The Star Reynoldsville, PA
Article from The Star, June 14, 1893

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CRASHES AT OTHER POINTS. The following is a summary of the financial disasters recorded Tuesday: Maintowor, Wis.-State Bank of Maintowoc after standing a three weeks' run. Defiance, 0.-Andrew Sauer's Savings Bank: liabilities, $100,000; assets $150 000. Boston.-Potter & Potter, magazine and newspaper publishers; liabilities $100,000. Philadelphia.-Same E. Prince. marble quarryman; liabilities $100,000; nominal as. setts $250,000. Troy. N. Y.-Neber & Carrenter. private bankers and brokers; liabilities, $235,000; actual assets, $131,000. Three Rivers. Mich.-Bank of Three Rivers, capitalization, $10,000; accounts due depositors at last statement, $60,000. Spokane, Wash.-Washington National and Washington Savings Banks; assets in excess of liabilities. Racine, Wis.-A run is in progress on the Manufacturers' National Bank. At Madison the First National is being subjected to a heavy run. Two Rivers, Wis.-The Bank of Two Rivers failed. The owner, David Becker, is not in the city. Evanston, III.Charles S. Winslow has been appointed receiver of the Evanston National Bank, Spokane. Wash.-The Comptroller has directed Bank Examiner E. T. Wilson to take charge of the Citizens' National Bank and the Washington National Bank. New Albany. Ind.-The New Albany Banking Company closed its doors owing to the fall of the Bedford Bank. Assets claim. ed, $212.000; liabilities. $100,000. Bedford, Ind.-The Belford Bank has suspended after a run. Palouse, Wash.- The First National Bank has suspended, owing to the Bank of Spokane's failure. Chicago-Joseph Rathbone & Co., lumber dealers. have assigned. Scheduled assets, $500,000. The run on the Banks has ceased. Cleveland, 0.-A run is in progress on the St. Clair street branch of the East End Savings Bank Company. No cause except fail 'rres in other cities.

7. June 20, 1893 Evening Star Washington, DC
Article from Evening Star, June 20, 1893

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Will Not Resume. Controller of Currency Eckles this morning received Merars. Newberry and Wood of the Citizens' National Bank of Spokane. Washington, who wished to arrange for the reopening of that bank. No agreement satisfactory to Mr. Eckles could be made. The bank will either go into voluntary liquidation or a receiver will be appointed.

8. June 21, 1893 The Daily Morning Astorian Astoria, OR
Article from The Daily Morning Astorian, June 21, 1893

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BANK SUSPENSIONS. The Stringency in the Money Market Continues With Bad Results. Eugene, June 20.-The Lane county bank, the oldest financial institution in this county, failed to open its doors this morning, having become cramped by the stringency of the money market. Hovey, Humphry and Co. have posted a notice that depositors will be paid in full. No statement has yet been made as to the assets and liabilities, but depositors do not seem to have any fears, and many say that if the bank should open this afternoon they would not draw. The cashier stated in an interview today that the assets, notes and property would amount to nearly three times the liablities. No attachments have been issued and, probably, there will be none. The bank strongly asserts that it will pay every dollar to the depositors, but in order to realize on their credits at once they would be compelled to go into court and crowd their patrons. This they did not feel disposed to do, and when they failed to secure assistance from Portland and San Francisco banks, they concluded to take plenty of time to it, and let matters shape themselves when the money market should be easier. Some excitement was created on the streets and a run was threatened on the other banks, but they were fully able to pay every demand promptly. Albany, Or., June 20.-The excitement over the financial flurry has quieted down. The official statement of the suspended bank's condition will show, it is stated, assets sufficient to pay depositors every dollar. Los Angeles, June 20.-The University Bank and the City Savings Bank closed their doors this morning. The president of the City Bank says that the bank has closed temporarily in order to collect money from its loans and securities. He says depositors will be paid in full. The closing of the University Bank, which is a commercial bank, was a surprise. It has a notice on the door to the effect that depositors will be paid in full. Washington, June 20.-The comptroller today received Messrs. Newberry and Wood, of the Citizens' National Bank of Spokane, Wash., who wish to make some arrangement for reopening that bank. No agreement satisfactory to Eckles could be made. The bank will either go into voluntary liquidation or a receiver will be appointed. Nashua, N. H., June 20.-The Colony Manufacturing Company has failed, liabilities, $168,000, assets, about half. The company was engaged in the manufacture of woolens. Chattanooga, Tenn., a June 20.-The City Savings bank, as a result of a run, has been forced to suspend. Assets, $475,000, liabilities, $225,000. All depositors will be paid in full.

9. June 21, 1893 The Salt Lake Herald Salt Lake City, UT
Article from The Salt Lake Herald, June 21, 1893

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Will go Into Voluntary Liquidation. WASHINGTON, June 20.-The comptroller today received Messrs. Newberry and Wood of the Citizens' National bank of Spokane, Washington, who are here to arrange for reopening that bank. No agreement satisfactory to Mr. Eckles could be made. The bank will either go into voluntary liquidation or a receiver will be appointed.

10. June 21, 1893 The Record-Union Sacramento, CA
Article from The Record-Union, June 21, 1893

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Citizens' National Bank of Spokane. WASHINGTON, June 20.-The Comptroller to-day received Messrs. Newberry and Wood of the Citizens' National Bank of Spokane, Wash., who wished to arrange for the reopening of that bank. No agreement satisfactory to Eckels could be made. The bank will either go into voluntary liquidation or a receiver will be appointed.

11. June 21, 1893 St. Paul Daily Globe Saint Paul, MN
Article from St. Paul Daily Globe, June 21, 1893

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Eckels Not Satisfied. WASHINGTON, June 20.-The comptroller today received Messrs.Newberry and Wood, of the Citizens' National Bank of Spokane, Wash., who wished to arrange for the reopening of that bank. No agreement satisfactory to Mr. Eckels could be made. The bank will either go into voluntary liquidation or a receiver will be appointed.

12. June 22, 1893 The Seattle Post-Intelligencer Seattle, WA
Article from The Seattle Post-Intelligencer, June 22, 1893

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BUSINESS TROUBLES. The Citizens' Savings bank, of Portsmouth O., has failed. The Ellsworth Packing and Provision Com. pany. of Chicago, assigned on June 21. H. c. Tucker & Co., private bankers of But. falo, N. Y.. closed their doors June 20, Sloan, Johnson & Co., wholemale grocers of Omaha, have assigned. Liabilities, $300,000; as. sets, $250,000 The Lane County bank, of Eugene City, Or., suspended on June 20, but business mea still retain confidence in is The excitement over the Albany. Or., bank suspension is quieting down and 11 is thought the bank will pay in full. Newberry and Wood, of the Citizens' National bank, of Spokane, waited on Comptroller Eckele on June 30, but failed to come to any agreement about reopening the bank. The Colony Woolen Manufacturing Company. of Nashua. N. H., failed on June 29 with liabil ities of $168,000 and assets of half that amount The City Savings bank, of Chattanooga, Tenn, as a result of a run, was forced to suspend on June 20, with assets of $475,000 and liabilities of $225,000.

13. July 2, 1893 The Seattle Post-Intelligencer Seattle, WA
Article from The Seattle Post-Intelligencer, July 2, 1893

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has been at Los Angeles, placing Gen. McCook, commanding the department, at the extreme western portion of his department. This caused great delay in communicating with army headquarters in Washington City, as all matter in his section was sent to him and by him to Washington City. With headquarters at Denver he will be at the extreme east of the department and in closest communication with Washington City. This, it is believed, will effect an economy in time and money, and greatly facilitate the disbursement in supplies and ammunition. Gen. McCook will command the new department. Gen. Schofield has received reports from Leech Lake, Minu., indicating that the recent troubles with the Chippewas are at an end, and the Indians are satisfied that the shooting of one of their number by Dr. Waiker was purely accidental and that the injured man has now recovered. The troops will not be withdrawn for the present. The outcome of the weather bureau in. vestigation is the exoneration of Prof. Harrington and the dismissal of Mo. Laughlin, chief of the executive division, who preferred the charges on which the investigation was based. Other discharges, it is said, may also be made. Comptroller Eckels has appointed J. H. Adams receiver of the failed Citizens Na. tional bank, at Spokane, Wash., and has also directed Bank Examiner Swan to take charge of the First National bank, of Provo, Utah. The statement prepared by the comp. troller of currency shows that the amount of national bank notes outstanding today is $178,614,535. an increase during the fiscal year ended June 30 of $6,088,897. The president has appointed the follows ing army officers as Indian agents: Capt. A. 1. Myer. Eleventh infantry. San Care los agency, Arizona Capt. J. W. Bubb, Fourth infantry. Colville agency. Washington. Maj. B. Freeman, Sixteenth infantry, Southern Ute agency. Colorado. First Lieut. E. E. Benjamin, First infantry. Warm Springs agency, Oregon. First Lieut E. E. Harris, Eighteenth infantry, Cheyenne and Arapahoe agency. Oklahoma

14. July 3, 1893 Santa Fe Daily New Mexican Santa Fe., Santa Fe, NM
Article from Santa Fe Daily New Mexican, July 3, 1893

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Failures. BEATBICE, Neb. 3.-The Nebraska National bank and American bank have failed. Each bank had a capital of $100,000. Washington.-Comptroller Eokles appointed J. H. Adams receiver of the failed Citizens' National bank, of Spokane, Wash. He also directed Bank Examiner Swan to take charge of the failed First National bank of Provo, Utah, and Bank Examiner Latimer to take charge of the failed Nebraska National bank of Beatrice. The First National bank of Rico, Colo., which has also failed, will be placed in the hands of a bank examiner.

15. December 18, 1893 The Seattle Post-Intelligencer Seattle, WA
Article from The Seattle Post-Intelligencer, December 18, 1893

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MAKES ECKELS SICK. The Way Democratic Warhorses Beg Receiverships. HINTS FOR MR. M'NAMARA. He Can't Run Fort Townsend Postoffice as He Pleases-Little Money for surveys. WASHINGTON City, Dec. 17.-[Special.]Comptroller Eckels says the affairs of national banks in Oregon and Washington have given him more trouble than all the other states in the Union. Whenever a bank has been obliged to close its doors immediately a flood of applications has poured in upon him by mail and by telegraph for the appointment as receiver. reminding one of the turkey boxzards that gather around the carcass of a dead cow. This is the case at the present time with the Oregon National bank at Portland, which the taxpayers have closed up because it was unable to return at once all the funds of the county which had been deposited there. The comptroller had soarcely received information of the closing of the bank when the telegrams asking an appointment as recaiver began to pour in. The letters and the usual indorsements are now coming. Mr. Eckels has no end of words of praise for the people of Seattle for the manner in which they have stood together and helped each other during the financial crisis. Strong efforts have been made to bring about the reopening of the Port Angeles National bank, and the matter has been under advisement by the comptroller far the past month. He has finally decided that it would not be for the best interests of the depositors to permit the bank to re-open. The Bellingham Bay National bank of Whatcom, which has been in the hands of an examiner. and the Citizens' National band of Spokane, which has been in the hands of receiver, will be permitted to reopen for a business within a short time. A special examination of the affairs of the latter bank has just been ordered.

16. December 22, 1893 Evening Star Washington, DC
Article from Evening Star, December 22, 1893

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It is Solvent. The Citizens' National Bank of Spokane Falls, Washington, heretofore in the hands of a receiver, has been placed in a solvent condition, with unimpaired capital, and has today been permitted to reopen its doors for business.

17. November 22, 1894 The Seattle Post-Intelligencer Seattle, WA
Article from The Seattle Post-Intelligencer, November 22, 1894

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A Spokane Bank Suspends. SPOKANE, Nov. 21.-The Citizens' National bank will not open for business tomorrow. This decision was reached at a directors' meeting this afternoon. The bank will go into liquidation. The assets are $425,000; liabilities, $240,000. This institution closed its doors during the panic of 1893, but afterward reopened under authority of the comptrolIer of the currency. At that time it obtained extensions from its depositors for $172,000. All these have been paid but $12,000. The city alone has taken $70,000 out of the bank. The capital stock is $150,000. E. B. Hyde is president, G. F. Wetzel vice-president, A. A. Newbery cashier.

18. November 28, 1894 Watertown Republican Watertown, WI
Article from Watertown Republican, November 28, 1894

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season breaks all records by 26,000 bales. -Western lines are SO unanimously in favor of a new passenger association that there is little doubt of its organization. -Government authorities have decided that it is not necessary to send troops to the Indian territory to suppress the Cook gang. -Strong competition by outside concerns may cause the whisky trust to secure more money or submit to reorganization. -New York railroad commissioners have refused permission for the building of the Amsterdam, Johnstown & Gloversville line. -The Kansas Dairymen's association, in session at Topeka, adopted a resolution protesting against the sale of oleomargarine in the state unless it is labeled and colored some color other than yellow. -Miss Laura Jordan has begun damage suits at Vincennes, Ind., against S. A. Jordan and W. S. Lane for $10,000 each, alleging that they had slandered her by accusing her of burning their mill at Decker. -The Ohio court refused to interpose against the order of the Pennsylvania court, which gave a judgment for $785 against J. S. Coxey on notes given B. M. Everson when the commonwealers were in Pittsburg. -The government has begun suit at Minneapolis against the North American Telegraph company for alleged violation of the alien labor law in bringing Miss Josie A. Phelan, an operator, from Canada to Duluth. -William Gill, sheriff of Pottawattamie county, O. T., S. J. Cott, Preston Armstrong and Daniel Brestman were arrested at Guthrie on a charge of murder due to shooting of Steve Penasaw three years ago. -Arthur Musselman of Mendon, Mich., claims that Mrs. Solomon Dill encouraged his attentions and finally proposed marriage to him, but now declares there was no engagement between them. Musselman sued for damages. -At a meeting of the state council at St. Petersburg the Czar created a highly favorable impression by a display of unexpected oratorical fluency, and his masterly grip of the political situations submitted for his judgment. -Rev. Joseph St. John, rector of Calvary Memorial Episcopal church at Saginaw, Mich., married a widow with $10.000 and property at South Bay City. She has brought suit for divorce on grounds of cruelty, and the minister has disappeared. -As a result of the crusade of Cleveland ministers against indecent pictures, attaches of the Star theater were fined $10 for displaying objectionable lithographs. -The Citizens' National bank at Spokane, Wash., will go into liquidation. Its assets are $425,000; liabilities, $240,000. The bank closed during the panic of 1893. -President Rockefeller and other officers of the Standard Oil company were indicted by the grand jury of McLennan county, Tex., and their surrender will be asked for. -Frank E. Godfrey, acting assistant superintendent of the gymnasium of the Boston Young Men's Christian union, fell and broke his neck while working in the gymnasium. -Joseph K. Emmett, the actor, and May Huggins Stevens, whose stage name is Emily Lyton Stevens, the leading lady of the Emmett company, were married at Davenport, Ia. -Friends and connections of the Barings have taken over from the Bank of England the entire amount of the remaining Baring assets. All guarantors are thus released from any further responsibility. -Representatives of all the big lumbering firms operating on the upper Mississippi met at Minneapolis and took preliminary steps in the formation of a pool similar to that recently organized on the Chippewa river. -J. S. Sanders, commander of the commonweal army from Cripple Creek, arrested at Pueblo, Col., on a charge of stealing a Denver & Rio Grande locomotive, was discharged, the railroad company withdrawing the complaint. -Ringleaders of the commonweal army, who stole a Santa Fe train at St. Joseph, Mo., were convicted there of unlawful assembly and given one day each in jail. -The will of James Hood Wright of the firm of Drexel, Morgan & Co., bankers, New York, leaves the bulk of his estate, which is estimated at $20,000,000, to his wife. -A commission from Manitoba has been sent to Duluth and Minneapolis to investigate the system of grading wheat. It is alleged that a combine has been discriminating against Manitoba wheat. -Rev. Father Ducey of New York does not recognize the right of Archbishop Corrigan to forbid the priest to attend the meetings of the Lexow committee. The matter has been appealed to Mgr. Satolli. -Herr Klesser, editor of the West German Allegemeine Zeitung, charged with libeling Marschall von Bieberstein, imperial secretary of state for foreign affairs, was sentenced to two months' imprisonment. -The grand jury has brought in six indictments in blank for offenses growing out of the recent labor troubles on the New Orleans levee-three for assault with intent to murder and one for assault with

19. November 30, 1894 Pullman Herald Pullman, WA
Article from Pullman Herald, November 30, 1894

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NORTHWEST NEWS Condensed Telegraphic Reports of Late Happenings. TAKEN HOT FROM THE WIRES Budget of News for Easy Digestion From Different Parts of the States of Washington. Oregon and Idaho-Items of Interest to Pacific Coast People. Jennie White, on trial at Spokane for murder, was acquitted. There is any amount of borax in the dry lake beds of Okanogan county. Many farmers have been protected from future floods by the diking of the lower Skagit river. A Committee of One Hundred is projected for Spokane by the Christian Endeavorers, having for its object "good government through good citizenship." A number of society people in Walla Walla are rehearsing a drama entitled "Comrades," to be given holiday week for the benefit of some charitable institution. A few of the veterans of the Indian war of 1856-7 in Washington met in Olympia recently for the purpose of securing pensions from the government for their services. The Pendleton scouring-mill is winding up its season's work on a 10,000pound lot of blank wool. Seven car loads of lumber have arrived for building a new warehouse. There are over 5,000 Good Templars and 3,000 Juvenile Templars in the State of Washington, or the largest representation in proportion to the population of any State in the Union. Lena, the 18-months-old child of B. Shapiro of Seattle, accidently knocked a kettle of boiling soap over herself Sunday morning, terribly scalding her head, breast and arms, and after intense suffering died at 4 o'clock Monday morning. Grant county, Oregon, has decided to rescind all orders heretofore made allowing bounties on panther or cougar, wolf or coyote, wildcat or catamount and ground squirrels. No further bounty will be paid on such animals after the first of January. O. J. Posey, a young employe of the W. D. Knight Printing Company, Spokane, has deserted his wife and three children and run away with pretty Maud Murray, who was working in the company's bookbindery. The couple are supposed to be in Seattle. The Merchants' National Bank of Seattle has sued Melville Nichols, administrator of the estate of Timothy Coombs of Pendleton, to enforce payment of a balance of $300 alleged to be due on an assigned claim from the Cross Undertaking Company. After Pendleton died in July, 1893, his remains were shipped to Searsport, Me., and the undertaking company presented a claim for $544.50. The charge was considered excessive, and the administrator cut it down to $300. Pendleton was a sea captain, and owned an estate valued at $12,100. The Citizen's National Bank of Spokane has gone into liquidation; a receiver has been appointed to pay off depositors after which the remaining assets

20. November 14, 1897 The Herald Los Angeles, CA
Article from The Herald, November 14, 1897

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BROKEN BANKS Indiana and Wisconsin Depositors Are the Sufferers ENGLISH, Ind., Nov. 13.-The English Bank has failed to open its doors today. Coupled with this came the report that President Willett, of the Leavenworth branch. had not been seen for three days and that his mind was temporarily unbalanced over the death of his mother. As soon as the failure became known, the bank's branches at Leavenworth, Cannelton and Marengo, also closed. Nearly every farmer and business man in Crawford and Perry counties is said to be concerned in the failure for amounts ranging from $200 to $3000 County Treasurer Brown had placed more than $10,000 with the suspended bank. No schedule of assets and liabilities can be given, but both are large. ANTIGO, Wis., Nov. 13.-The Bank of Antigo closed its doors today by order of the Board of Directors on account of irregularities in the books as found by the bank examiner. An application was made for a receiver. Deposits will be paid in full. The extent of the irregularities is not known. LEAVENWORTH, Nov. 13.-Three banks, respectively located in this city and at Marengo and English, with deposits estimated to aggregate $160,000, have closed their doors. R. H. Willett, cashier of the parent bank in this city, and principal stockholder in the other two concerns, has left for parts unknown. His wife has received a letter from him stating that he has almost lost his mind and that he will not return to the scene of financial disaster. County officials and educational trustees are sufferers from the crash, and one death may be the direct result. Treasurer E. P. Brown of Crawford county, had upwards of $30,000 county funds deposited in the bank in this city. When told today of the failure he fainted and tonight he is in a critical condition. The revenue collected for school purposes was all on deposit in the banks and it is feared that all of the public schools in Crawford and Perry counties will have to be closed, as the trustees have lost all their money. SPOKANE-Postmaster Mallon today caused the arrest of Mayor Olmstead, A. A. Newberry, E. B. Hyde and D. F. Wetzel, all prominent citizens. They were officers and directors of the defunct Citizens' National bank, which failed with a deposit of $8,110 of postoffice money. As the bank was not a United States depository the loss fell upon Postmaster Mallon's bondsmen. He charges the defendants with taking his deposits "knowing that the bank was then and there insolvent and in failing circumstances."

21. December 17, 1929 The Spokane Press Spokane, WA
Article from The Spokane Press, December 17, 1929

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Pioneer Talks As Told to Robert Owen By HARRY GOETZ The courage and faith of the citizens of Spokane Falls met its first severe test the of Au gust 1889 that practically wiped out the town much improved and prosperous city of brick appear ed from the ruins, and under the impetits of mining lopment in Alenes, increasing set and cultivation of the farm ing lands the Inland Empire and the appearance of the lumber busi as an important the city enjoyed rapid grow and splendid prosperity for several years But the courage of the citizens and the soon to tested in the wide panic 1893. There was little in dication of impending to warn people of the financial situa tion that was near Trade and industry prospered in 1892, this prosperity being reflecte in large increase in railway freight tonnage Spokane looked forward to big year in Great North ern was completed and the public still hoped for lower rates Mining had been resumed in the Cocur Alenes an scale, and the territory to the north the neighborhood Old Dominion mine Colville booming Heavy falls promised good crops and was now being used effectively various points in Inland Empire More than million dollars had building in Spokane in 1982 including the new city hall Roller Mills the Marble Bank building erected by Cannon But Cannon had unfortunately allowed himself to be come interested in too many distant and doubtful enterprises Under the leadership of Paul Mohr. W. Durham tells us, "He had been lured into beavy ments coal mines in the Cascade portage railroad scheme around the rapids in the Columbia river above The Dalles. Mohr went east in desperate ef. fort to unload these elephants on New York and Mr. Can non, realizing the critical condition eagerly scanned his agent's ports.' Mohr failed to get aid in the and Cannon forced to ask for help from the Spokane banks After examination his affairs on the June: 1893. the Bank Spokane Falls failed to open its doors for business This news created sensation, and no blame attached to Mr. Cannon by the general public, the popular being one deep sym pathy for the kind hearted pioneer had done so much make Spokane the little city which it had become Twenty hours after the Bank of Spokane Falls closed. the Washington National and the Washing ton Savings bank suspended pay ment and hard run on the Citizen's National forced it to close its doors one hour before closing time: On July the Washington National business in quar ters previously occupied by the broken Spokane National at been side and property that had These banks disasters the remaining heavy and July the First National after on steady run of 50 days, became in solvent