4016. Traders State Bank (Sandpoint, ID)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
March 7, 1913
Location
Sandpoint, Idaho (48.277, -116.553)

Metadata

Model
gpt-5-mini
Short Digest
04978a67

Response Measures

None

Description

The bank is described as closed for the last five years and a receiver (Ignatz Well) was appointed; later the receiver is suing stockholders. No run is mentioned. Cause of suspension is not specified in the articles, so classified as 'other.'

Events (3)

1. March 7, 1913 Receivership
Newspaper Excerpt
Judge Flynn of the district court has appointed Ignatz Well receiver of the Traders' State bank of Sandpoint, which has been closed for the last five years.
Source
newspapers
2. March 7, 1913 Suspension
Cause Details
Article states the bank 'has been closed for the last five years' but gives no reason for the suspension or closure.
Newspaper Excerpt
Judge Flynn of the district court has appointed Ignatz Well receiver of the Traders' State bank of Sandpoint, which has been closed for the last five years.
Source
newspapers
3. May 9, 1913 Other
Newspaper Excerpt
Ignatz Well, receiver of the defunct Traders' State bank of Sandpoint, is suing the stockholders of the Institution for $4177 damages.
Source
newspapers

Newspaper Articles (2)

Article from The Rathdrum Tribune, March 7, 1913

Click image to open full size in new tab

Article Text

STATE AND COUNTY NEWS Items of Interest Gathered From Exchanges. OF INTEREST TO IDAHOANS. Events and Industrial Progress Of the Week. Orchardists in the Lewiston country are busy pruning and will soon start spraying. The Blackwell lumber mill at Coeu d'Alene is to open in about 10 days with a full force. The Bonners Ferry Lumber company started its big sawmill Monday with a crew of 300 men employed. A woman at Sandpoint has been fined $25 for displaying a revolver during a dispute with another woman. Frank Barl of Wallace has been sent to the penitentiary for from one to 14 years for stealing a gold watch from his roommate. Judge Flynn of the district court has appointed Ignatz Well receiver of 8 the Traders' State bank of Sandpoint, which has been closed for the last five years. A city ordinance is being drawn at Sandpoint to pay the mayor a salary of $150 a year, nnd the aldermen $75 each. Sandpoint councilmen have heretofore served without compensation. Wm. Nanney of Grace, Bannock county, has paid the county $43 reimbursement and penalty for having cashed a county warrant which, although made out in his name, did not belong to him. The proprietors of a pool hall in Bannock county have been arrested c for allowing young boys to frequent t the place all day long, and many S cases of truancy from school are said u to have resulted. T W Thirty-four carloads of elk from It the Jackson Hole country are being G shipped by way of Briggs, Ida., to t various points in Wyoming. The d shipments are being made by State s Warden Soreoson of Wyoming. H The new St. Maries drawbridge, S built by the state and county for $18,000, is claimed to be the highest drawbridge in the world, being a few inches higher than the one at Chatcolet. One hundred teams crossed on T It the first day of its completion. A jury 10 the district court at c Coeur d'Alene Monday refused to r award Dr. J. Richardson $2999 p a damages against the Milwaukee rail S road for a broken ankle alleged to fi have been caused by alighting from a c train at St. Maries and stepping on a with switch rail. a County Superintendent R. C. EgV bers announces in a circular letter to e o school trustees of Kooterai county tl that a trustees' meeting will be called in to convene at Coeur d'Alene some o time in April, prior to the time of e the annual school meeting. The puro st pose of the meeting will be to discuss plans looking to the improvement of . school affairs In general. A b On the Minidoka Irrigation project p in southern Idaho there is a move t ment on foot to organize the local B e banks for the purpose of advancing T funds to purchase a limited number o of dairy cattle to be sold to the farmlo ers at cost. It is planned to purchase stock from Utah, and in the spring e li ship cattle in from Wisconsin or Oreta gon. The settlers are beginning to r realize that the dairy industry means success, and that to get the greatest tl t profit from their products they should h be fed to stock on the farm. le Through the raising of the quaranci tine placed upon Idaho alfalfa and v alfalfa seed by the horticultural com th mission of California this state will h be permitted to ship to the Golden h state over 5000 cars of alfalfa each t o year besides selling in the neighborh hood of $300,000 worth of the seed b annually. The quarantine which m California placed upon the Idaho P


Article from The Rathdrum Tribune, May 9, 1913

Click image to open full size in new tab

Article Text

STATE AND GOUNTY NEWS Items of Interest Gathered From Exchanges. OF INTEREST TO IDAHOANS. Events and Industrial Progress Of the Week. Progressives of Lewiston are arranging to hold a state convention of the party in that city May 24. The seventh annual meeting of the Idaho Pharmaceutical association is being held in Boise this week. Ignatz Well, receiver of the defunct Traders' State bank of Sandpoint. is suing the stockholders of the Institution for $4177 damages. The Record is a new paper started at St. Maries. It is published by O. B. and C. B. Moon, formerly of Coeur d'Alene. Several men from Harrison, arrest ed for bootlegging, were fined in the probate court at Coeur d'Alene. All pleaded guilty but one, who was tried and found guilty. The Shoshone county commissioners are refusing to renew many liquor licenses, and word has gone out that no licenses will be granted for saloons at places where there is not ample police supervision. Boise walked away with the fourth intercollegiate track meet at the University of Idaho last Friday afterDOOD, winning 69 of the 140 points awarded. Colfax took second place with 20 points, and Nez Perce third with 16 points. Last year It was Boise 47, Coeur d'Alene 42 and Colfax 21. Coeur d'Alene was fourth with 13 points. Idaho still has the balance on the right side of the ledger as shown by the report of State Treasurer Allen for April, just made public. The total in all funds amounts to $1,332,396.73. The interest accrued on the deposit of state funds in the various banks for the month of April amounted to $3792.04. Mothers' day Is to be observed more generally than ever In Idaho this year. Sunday, May 11, is the day set apart for this beautiful service; the white caroation will as heretofore be the flower for the occasion; and churches and schools are expected to have special programs in honor of the mothers of the state. Governor Haines issued the proclamation call ing on the people of the state to observe the day. S.J. Rich, former state commissioner of immigration, labor and statistics, filed a petition in the supreme court Friday asking for a writ of mandate to compel State Auditor Huston to issue him a warrant for $200 for salary for the month of March. ln the petition it is set forth that on May 2, 1913, he filed claim for the amount mentioned. A warrant was refused on the ground that the legislature made no appropriation for the salary for this office. For the purpose of keeping the national highway through Shoshone and Kootenai counties in the limelight and to impress upon the state highway commission that the connecting link through these counties should be built and that the appropriation of $25,000 asked of the commission to assist in its construction is just demand, preparations are now forming for the holding of a big convention of good roads enthusiasts of the three northern counties in Wallace on or about May 15. Fred R. Reed, commissioner of immigration. labor and statistics, is befora the supreme court of the state asking for a writ of mandate to compel State Auditor Huston to issue warrants for bis salary as such officer. On the decision of the court in this case binges important issues. It is to determine for all time to come whether the legislature has the power to abolish an office established by the