4025. Bank of Stites (Stites, ID)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
February 18, 1921
Location
Stites, Idaho (46.092, -115.976)

Metadata

Model
gpt-5-mini
Short Digest
bef90967

Response Measures

None

Description

Newspapers from Feb 18, 1921 report the Bank of Stites has been closed by F. G. Fralick, commissioner of commerce and industry (government action). A March 31, 1921 article refers to Lloyd A. Fenn as receiver, indicating the bank remained closed and a receiver was appointed. No run or depositor panic is described in these items.

Events (2)

1. February 18, 1921 Suspension
Cause
Government Action
Cause Details
Closed by F. G. Fralick, commissioner of commerce and industry; an examiner placed in charge; no financial condition reported.
Newspaper Excerpt
Bank of Stites Suspends. STITES.-The Bank of Stites has been closed by F. G. Fralick, commissioner of commerce and industry. Examiner E. C. Beck is in charge.
Source
newspapers
2. March 31, 1921 Receivership
Newspaper Excerpt
Atty. Lloyd A. Fenn, receiver for Bank of Stites; Dan Hannum, Anew Olson and Nick Bowman, all Stites, were in Grangeville Monday and Tuesday on matters pertaining to defunct bank. The latter three men are heavy depositors in the bank.
Source
newspapers

Newspaper Articles (4)

Article from Clearwater Republican, February 18, 1921

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Article Text

a pioneer resident of Plummer, redied at her a ling cently home after ering illness of Bright's disease. Lock City Clerk in Vault. BLACKFOOT.-A masked bandit recently help up City Clerk J. J. Quillan in his office in the municipal building in which police headquarters are located. The robber obtained $170. Ship Lead East by Water. KELLOGG, Idaho.-0 account of freight rates from here to the seaboard, the excessive eastern Bunker lead Hill to smelter is now shipping pig New York by water via Seattle and the Panama canal. Bank of Stites Suspends. STITES.-The Bank of Stites has F. G. commiscommerce and sioner been closed of by Fralick, industry. Ex- No E. C. Beck is in as to the condition aminer report charge. of finances is has been made. The president L. Ewing and F. E. Leeper is cashier. Tax Relief Bill. BOISE. The senate has passed the tax relief bill. measure to Idaho an seeks Witty to give This taxpayers June of extension of time, or until this year, in which to pay their 1920 taxes, the contention being they are in serious need of this relief and that they can not pay their taxes now bethe in the cause of slump of market their crops. and their failure to dispose Lumber Plants to Resume. COEUR D'ALENE.-The Atlas tie mill resumed operations Monday, after having been shut down since the middle of December. It is rumored that the Blackwell Lumber company operations 1. The has been shut will sawmill resume about down April most of the winter but the planing mill has been in operation continually for the last year. The Rutledge Timber company has made an exceptional run, not having shut down either the sawmill or planer this winter. It is rumored that it plans to put on a double shift soon. Pioneer Woman Dies. GRANGEVILLE-The death of Mrs. Margaret K. Holbrook, age 82, ocat the Grs. George curred daughter, recently home Fenn, Grange- of who her "lives about midway between ville and Harpster. late Mrs. Holbrook was one of real pioneers. the The west's Iowa She to came Orewith her parents from 1844. Later the N Palouse country, to gon the in family locating moved between Genesee and Colfax. The family finally moved to Camas prairie settling at old Mt. Idaho, which for many years was the seat of Idaho county, then the largest county in the United States. Mrs. Holbrook, lovingly called far and from three "Grandma" miles Grangeville wide, resided when b the Nez Perce Indian war was fought between Whitebird and Grangeville. a "Dad" Allen Passes On. OWYHEE.-"Dad" Allen, the last b known survivor of the battle between g the Kearsarge and the Alabama off the coast of France, "slipped his cable" and joined his shipmates on e the "other side." here at the little station d of on the Oregon Allen Owyhee died Short Line of s railroad, about 30 miles south h Boise. He was employed in the railroad pump house there. 1 When the late Colonel Roosevelt would pass through Idaho he always ) stopped off at Okyhee and warmly 1 greeted "Dad" Allen. battle between the Kearand the Alabama, . sarge In the Midshipman of Midshipby the side scion of a man Allen Bullock, fought distinguished southern family. d t Bullock was a relative of Roosevelt's mother and was wounded in the fight. Allen saved him from death when, after the Alabama was seen to be doomed and the wounded boy could not help himself, he picked and leaped into the sea, him afloat until keeping him up help after arrived. that Allen became a wanderer celebrated sea fight and drifted to Alaska and later to Idaho.


Article from The Rathdrum Tribune, February 18, 1921

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any e BLACKFOOT.-A masked bandit recently help up City Clerk J. J. Quillan in his office in the municipal building in which police headquarters are located. The robber obtained $170. Ship Lead East by Water. KELLOGG, Idaho.-On account of excessive freight rates from here to the eastern seaboard, the Bunker Hill smelter is now shipping pig lead to New York by water via Seattle and the Panama canal. Bank of Stites Suspends. STITES.-The Bank of Stites has been closed by F. G. Fralick, commissioner of commerce and industry. Examiner E. C. Beck is in charge. No report as to the condition of finances has been made. The president is L. Ewing and F. E. Leeper is cashier. Tax Relief Bill. BOISE.-The senate has passed the Witty tax relief bill. This measure seeks to give to Idaho taxpayers an extension of time, or until June of this year, in which to pay their 1920 taxes, the contention being they are in serious need of this relief and that they can not pay their taxes now because of the slump in the market and their failure to dispose of their crops. Lumber Plants to Resume. COEUR D'ALENE.-The Atlas tie mill resumed operations Monday, after having been shut down since the middle of December. It is rumored that the Blackwell Lumber company h will resume operations about April 1. t The sawmill has been shut down most g of the winter but the plaining mill has been in operation continually for the P last year. The Rutledge Timber comt pany has made an exceptional run, a not having shut down either the sawo mill or planer this winter. It is ruin mored that it plans to put on a double shift soon. fe Pioneer Woman Dies. S a GRANGEVILLE-The death of Mrs. fr Margaret K. Holbrook, age 82, ocpe urred recently at the home of her W laughter, Grs. George Fenn. who o ves about midway between Grangefa ille and Harpster. at The late Mrs. Holbrook was one of pc he west's real pioneers. She came ti rith her parents from Iowa to Oreon in 1844. Later the family moved JJ D the Palouse country, locating beveen Genesee and Colfax. The famSt y finally moved to Camas prairie ettling at old Mt. Idaho, which for any years was the seat of Idaho ste bunty, then the largest county in the nited States. he th Mrs. Holbrook, lovingly called Grandma" far and wide, resided the ree miles from Grangeville when to e Nez Perce Indian war was fought ers etween Whitebird and Grangeville. ing "Dad" Allen Passes On. OWYHEE.-"Dad" Allen. the last own survivor of the battle between old e Kearsarge and the Alabama off Bo e coast of France, "slipped his d'A ble" and joined his shipmates on e "other side." in the Allen died here at the little station aw Owyhee on the Oregon Short Line dre ilroad. about 30 miles south of esc bise. He was employed in the railto 1 ad pump house there. When the late Colonel Roosevelt buld pass through Idaho he always OLI opped off at Okyhee and warmly g eeted "Dad" Allen. for In the battle between the Kearwhe rge and the Alabama, Midshipman P. C len fought. by the side of Midshipan Bullock, scion of a distinguished uthern family. Bullock was a relative of RooseW It's mother and was wounded in fight. Allen saved him from ath when. after the Alabama was A en to be doomed and the wounded could not help himself, he picked N n up and leaped into the sea, eping him afloat until help arrived. Allen became a wanderer after that rio ebrated sea fight and drifted to the ska and later to Idaho. il's in


Article from The Rathdrum Tribune, February 18, 1921

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Article Text

Bank of Stites Suspends. STITES.-The Bank of Stites has been closed by F. G. Fralick, commissioner of commerce and industry. Examiner E. C. Beck is in charge. No report as to the condition of finances has been made. The president is L. Ewing and F. E. Leeper is cashier.


Article from Idaho County Free Press, March 31, 1921

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ris, and during a brief stay met many of the members of his former congregation. The Rev. Mr. Gornell, whose family now is residing in Chicago, is field agent for the Methodist centenary work, with a northwest prising the Pacific territory and Alas- comka. He departed Sunday for Orofino. Victor Peterson, B. Auger and Thomas Crossley were in Lewiston the latter part of last week, attending a meeting of Shriners. H. G. Sasse editor of the Ferdinand Enterprise, was in Grangeville last Friday attending a meeting of school trustees of Camas Prairie. Leonard Case, county superintendent of schools, departed Tuesday for Spokane, Inland Teachers' to attend association. a meeting of the E. M. Griffith will depart Friday morning for Portland, to attend the third annual session of the International Mining convention. Mrs. Charles J. Simmons has returned from a visit to her old home at Cincinnati, O., where she had been since early in January, Marion Weber, merchant and postmaster at Fenn, and W. O. Mock, also of Fenn, were visitors in Grangeville Tuesday. Albert Guthrie returned to his home here Tuesday evening from Spokane, where, last week, he underwent an operation for removal of his tonsils. Forest Ranger L. N. Larson was in Grangeville this week, on his way to i Dixie, from the Snake river section, where he has been employed in trail work. h Miss Mary Elizabeth Parker. who is f attending the state normal school at W Lewiston, spent her Easter vacation r here with her parents, Mr. and Mrs. A. F. Parker. tl Fred White, who is identified with ri the U. S. revenue department, with t headquarters at Boise, is spending is several days with his family in m Grangeville. R C. C. Howell, who resides on the ti east side of the South (Fork, was in ta the city Friday to make homestead th proof before H. Taylor, U. S. commisW sioner. te du W. J. Harrah, of Spokane, and until a few years ago a resident of the u Salmon river country, was an arrival m in Grangeville Saturday night, on his ful way to Whitebird. E. J. Bennett, the Denver mill man, was in Grangeville Tuesday with a truck load of flour. Drying of the oads has permitted Mr. Bennett to resume truck transportation for the product of his mill. Mr. and Mrs. W. A. Jones were in Grangeville the first of the week from Boles. Mr. Jones said grass is growng rapidly in the canyons, and is in etter condition, for this time of year, an for several years. Mr. and Mrs. Henry Jess were in rangeville Monday from Winona. lowing had been in progress in the inona section for a week, Mr. Jess elared, and spring work is going rward rapidly. Atty. Lloyd A. Fenn, receiver for Bank of Stites; Dan Hannum, Anew Olson and Nick Bowman, all Stites, were in Grangeville Monday d Tuesday on matters pertaining to defunet bank. The latter three en are heavy depositors in the bank. Ed Mann, who was in Clearwater retiyly, found the roads between angeville and Clearwater almost imssable, due to deep mud. Much difllty was encountered in making the urn trip by wagon. said Mr. nn, hub. the wagon. in places miring to