Bank of Montesano (Montesano, WA)

Episode Information

Episode Type
Suspension β†’ Closure
Start Date
July 16, 1898
Location
Montesano, Washington (46.981, -123.603)
Bank Type
state

Metadata

Notes

Court records repeatedly identify a receiver and assets sold; no reopening reported.

Events (5)

1. July 16, 1898 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Court-ordered receivership due to insolvency/claims against the bank as shown by court actions.
Newspaper Excerpt
L O Hilton VS Bank of Montesano. Order of direction to receiver and extending time for filing statement of facts signed.
Source
newspapers
2. August 18, 1898 Other
Newspaper Excerpt
Receiver Bignold realized about $1,000 last Saturday from the sale of the remaining assets of the Bank of Montesano.
Source
newspapers
3. September 10, 1898 Receivership
Newspaper Excerpt
L O Hilton VS Bank of Montesano. Receivership. (record for week ending Sept. 10, 1898.)
Source
newspapers
4. December 5, 1898 Other
Newspaper Excerpt
The receiver of the Bank of Montesano will sell at the court house the remaining assets of the bank at 2 p. m. December 5, 1898.
Source
newspapers
5. January 29, 1900 Other
Newspaper Excerpt
F. L. Carr, who is receiver of the old Bank of Montesano, which closed its doors some three years ago, this week mailed checks to the creditors of the defunct institution, paying up all the claims in full.
Source
newspapers

Newspaper Articles (11)

Article from Aberdeen Herald, February 11, 1897

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Rustlers and Cedarville Toughs

will also be a high jumping ma pole vaulting by two of the mos jumpers and sprinters, to-wit, Williams, of Connie, and E. L. of Satsop. Everybody invited t 1 and see the jumpers jump. From Cosmopolis Enterprise: The G. H. C. Co.'s electric ligl is in good condition, and the com now prepared to furnish lights I side parties, in addition to ligh extensive yards and plant, st offices, also the shingle mill. Sauers, Fred Nye and Wm. Ra already introduced the electric and others will follow suit. T talk of extending the wires to hall building. From Chehalis Tribune (Hoquiam.) Organization in politics is esse success but the fusion party now fight a disorganizing force in ranks. The proper thing to do is every disorganizer and remember the future. There is another tim ing. Don't for a minute toler kicker. Let him go over to the at once and be rid of the man support will do more harm than position. From Hoquiam Washingtonian: The North Western Lumber Co to lay the tug Traveler up to rej boilers and will run the Astoria place. A movement is on foot now wh undoubtedly get a good planked the beach. All should help will matter. The census taken by Col. Tut found 1,422 people, or 78 short of to advance to the third class. Th doubt a very careful census, and are fifty more people than we ex From Montesano Vidette: Following are the amounts of f lected by the county officers dur month of January: Auditor, clerk, 239.20; sheriff, $114.65. Prosecuting Attorney Abel has ered an opinion that directors ar for warrants if issued when the district is beyond the 5 per cent. indebtedness. Last night (Thursday, Feb. 4) 6:50, shortly after the departur passenger train, a bold, bad crawled through the ticket windo the ladies' waiting room, at the and covered Jerry Saylor and Age sons with a revolver, and comi them to open the safe. He first priated Parsons' gun, which was reach of him. When the safe was he found $2.20, and keeping his Saylor and Parsons, he backed ou window and disappeared, leaving a short club, and a sack he had 1 to take away the expected boodle robber was a tall man; had 1 turned wrong side out, and wore a hat with flap down over the face face and hands were blacked. TI ber was evidently a novice at th ness. From Elma Chronicle: E. J. Harris, receiver for the Taylor & Campbell logging firm, i ing to get things in shape SO th can start up again, and work out gations. It is to be hoped that succeed. Good roads will do more to e the value of property in this coun increase the pleasure of living in any other one thing. Let us hav trails and make-believes and ma roads we have of some use. From Montesano Economist: The Bank of Montesano is neg with G. W. Hertges. of Hoquian open the bank. A meeting was h (Monday) night but the result obtainable as we go to press, than it is sure that no depositor , a cent. It is feared an epidemic of dip is about to become prevalent lower Satsop. Pearl, the nine-y daughter of Mr. and Mrs. F. P. died Saturday and was buried Montesano cemetery Sunday, and of the family, a boy a trifle older in a critical condition. There ports of more cases in the vicinity Catarrh Cannot be Cured


Article from Aberdeen Herald, March 24, 1898

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Real Estate Transfers For week ending March 19, 1898, furnished by 1. W. Fleet. manager of Grays Harbor Abstract Company, Montesano, Wash. Receiver Bank of Montesano to F L Carr, S 25 it lot 1. LIK 1, B & W's add, Montesano-$1. H B Marcy, trustee, to same, same property-$1,200. David Kelly and Wm White to J F Riley, n/g of self and n1 of sw14 and ts 1, :, 3, 4, sec 14-21-7-$533. Mayme M White to John E Heikkila, its 18, 19 and 20, blk 71, Cosmopolis25. U S to T W Twidwell, n12 of nely, sec 11-17-7-Patent. Sheriff to US Saving & Loan Co, 23 by 8816 it of lots 5 and 6, blk 1, ZC I's add Montesano-$561.


Article from Aberdeen Herald, July 21, 1898

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DOINGS AT THE COURT HOUSE

usiness Transacted by the Superior Court and List of Instruments Filed With Officials Superior Court. The following is the record of business transacted at the county court house for the week euding Saturday, July 16, 1808. L O Hilton VS Bank of Montesano. Order of direction to receiver and extending time for filing statement of facts signed. Mary 1: Wade VS F M Wade. Plaintiff ordered to file complaint and plaintiff's motion to amend complaint overruled. CL Wenzel! et al vs Chehalis County. Continued for 30 days. In re estate of Olai B Larsen, deceased. Continued to July 22. Henry Rosmond vs C B Weatherwax et al. Demurrer overruled. Waldo E Rovee vs Frances M Schofield. Set for trial July 28. Robt McKibben vs W A Dickey et al. Motion overruled. Chehalis County vs First Natl Bank of Aberdeen. Plaintiff allowed to amend complaint by interlineation. Ross Rasmussen vs West & Slade Mill Co. Order of distribution on stipulation signed. J C Cross vs JC Johnson. Appeal bond declared void by failure of sureties to appear. Time for filing briefs extended. Marv A Moore vs Wm Malone et al. Temporary restraining order signed. NP Ry Co vs Otis S Sanders. Judgment in favor of plaintiff signed. John Worthington vs H R Duniway et al. Order of default signed. A J Kroenert vs B F Johnson et al. Motion allowed. S M Sibley and S M Young vs GH Coml Co. Garnishment. John P Goggin vs W J Rasor et al. Foreclosure of mtg. Clyde B Weatherwax vs G W Hertges. To adjudicate a contract. Mary E Wade vs Francis M Wade. Divorce. NPRY Co vs A J West et ux. Condemnation. Freeman Hawley vs Catherine Hawley Divorce. Mary A Moore vs William Malone et al. Foreclosure of labor lien.


Article from Aberdeen Herald, August 18, 1898

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County News

MONTESANO. From Local Papers. A bouncing boy arrived Friday morning to make things pleasant and interesting in the family of G. M. Cochran. C. B. Morgan was down from the fish hatchery yesterday. He says not the slightest clue has been discovered of the missing John Craig. Receiver Bignold realized about $1,000 last Saturday from the sale of the remaining assets of the Bank of Montesano. There were some great bargains offered. A. B. Holloway arrived home last Sunday from a business trip to Idaho. He made most of the journey on a bicycle, SO had a splendid chance to see the country. He returns with more faith than ever in western Washington, and says he would not trade one acre of Chehalis county land for ten in the eastern part of the state. Mr. Merrill, of the well known Michigan lumber firm of Merrill & Ring, was in the city last Saturday. He is enthusiastic over the lumber prospects of the state of Washington. There will be an immense amount of eastern capital put into the business in the next few years, and with the completion of the Nicaragna canal, which he says will surely be built soon, Mr. Merrill declares that this state will enjoy a great degree of prosperity. Mr. Merrill will move to Washington at once.


Article from Aberdeen Herald, September 15, 1898

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Miscellaneous.

A J Davis to Paul Rohrbeck, bill of sale logsβ€”$162.

John Hartman to Montesano State Bank, mtg on logsβ€”$800.

Lewis Rice to Union Shingle Co, agmt to sell logsβ€”$110.

John Jones et al to John Pongratz, chtl mtg on engineβ€”$200.

Wm Breedlove to C H McCormick, bill of sale horses, etcβ€”$130.

C H McCormick to B Zeebuyth, chtl mtg on same propertyβ€”$130.

G W Ninemire vs C E Jameson, lis pens lots 1 2 sec 6-16-11 and lots 1 2 and ne1/4 of se1/4 sec 1-16-12β€”$1130.

G D Schofield et al vs Oscar Wilson et al, lis pens same property as above settle title.

Alexander Dugan vs Harvey Gray, notice attach nw1/4 26-21-9β€”$89.26.

J G Weatherwax and wife to B F Doty and wife, sat mtg on lots 10 11 12, blk 5, W & B add Aberdeen.

James R Bill to J M Weatherwax, rel mtg w1/2 sec 28-18-7β€”800.

Clyde B Weatherwax and wife to Fern W Sherwood, mtg und1/4 int e1/2 of ne1/4 sec 15 and s1/2 of nw1/4 and nw1/4 of sw1/4 sec 11 and ne1/4 sec 10 all in 17-5 and n1/2 of nw1/4 sec 8-17-8β€”$1.

L E Tallmadge to E E Tallmage, lease life time lots 1 2 sec 24-18-7.

Alice Chalmers et al to Lucy A Glenn, sat mtgs n1/2 of sw1/4 sec 1 and e1/2 of se1/4 sec 2, se1/4 of ne1/4 sec 2, e1/2 of sw1/4 of ne1/4 sec 2, except portion N Co rd and strip 4x40 rds in S end all in 17-7β€”$2400.

Lucy Ann Oberg to Edward Campbell, mtg on n1/2 of sw1/4 sec 1, e1/2 of se1/4 sec 2, se1/4 of ne1/4 sec 2, e1/2 of sw1/4 of ne1/4 sec 2 except as aboveβ€”$2400.

Lewis B Bignold as receiver Bank of Montesano to Ninemire & Morgan, assignment mtg ne1/4 of se1/4 and se1/4 of ne1/4


Article from Aberdeen Herald, September 15, 1898

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The following is the record of business transacted at the county court house for the week ending Saturday, Sept. 10, 1898. L O Hilton VS Bank of Montesano. Receivership. In re estate Roderick Cameron, deceased. Day of hearing fixed. David W Brooks VS Harry W Stobie. Decree of foreclosure of mtg signed. In re estate of Frank Payette, deceased. Order of final account and settlement signed. In guardianship of Jason Thompson, insane. First report approved. James Brazel VS Joseph Bernard et al. Decree of foreclosure of log lein signed. In re guardianship of Cliff M Weatherwax, minor. First report approved. NEW CASES. L O Hilton VS Bank of Montesano. Receivership. Lottie Lobdell VS DS Lobdell. Divorce.


Article from Aberdeen Herald, September 29, 1898

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United States Saving & Loan Co VS Harrison Owen et al. Motion to make more definite denied. N P Ry Co VS Jennie R West et al. Dismissed. Samuel Clymont was admitted to citizenslip. In re gnardianship of Mary 11 Commins, minor. Notice of sale of real estate ordered. L B Bignold, receiver, VS If Willis Carr. Order for change of venue to King county signed. L O Hilton VS Bank of Montesano, Order of direction to receiver signed. W L Baker VS John Hall et al. Motion against garnishee defendant denied. J S Book VS Willis G Hopkins et al. Demurrer overruled. G M Powell vs G H Com'l Co et al. Time for settlement of statement of facts extended to Sept. 24. John Ogle and Wm J Wharton were admitted to citizenship. NEW CASES. East Hoquiam Boom & Logging Co VS Chas Neeson et al. Foreclosure of log lien. Montesano State Bank VS E J Byles et al. Foreclosure


Article from Aberdeen Herald, December 1, 1898

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Receivers Sale

The receiver of the Bank of Montesano will sell at the court house the remaining assets of the bank at 2 p. m. December 5, 1898, said assets consisting of choice Montesano, Aberdeen, South Arbor lots, timber claims in Chehalis county and Oregon.


Article from Aberdeen Herald, February 2, 1899

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In re estate of J W Divilbies, deceased. Sale of personal property directed. LO Hilton VS Bank of Montesano. Re ceiver's final report approved and resignation of receiver accepted. Bailey F Bodewell VS John G Reed et al. Plaintiff allowed to withdraw exhibit. AJ Anderson V8 J S Gunn et al. Order to show cause why a writ of review should not issue signed. R A Bartlett et al VS OB Beaver et al. Clerk directed to pay out money deposited in court. In re estate of Loren J Annes,deceased. Sarah E Annes appointed administratrix. Socan Swensen VS EK Wood Lumber Co. Demurrer to complaint overruled. In re assignment of Wakefield State Bank. Final report of assignee approved and compensation fixed. C W Wappenstein vs Aberdeen Bank. Demurrer to petition overruled. F I. Carr V8 Geo W Hertges. Owen Jones substituted as party defendant. Wm Phillips V8 T 08 Morgan et al. Garnishee defendant allowed to amend petition. LO Hilton VS Bank of Montesano. F L Carr appointed receiver vice L B hignold resigned. In re estate of Roderick Cameron, deceased. Administrator's final report approved. In re guardianship of Aaron Voorhies et al minors. Order distributing real estate signed. Samuel Benn V8 Chehalie County at al City of Aberdeen allowed to intervene. CW Wappenstein vs Aberdeen Bank. Receiver directed to withdraw petition as to the West Aberdeen ranch. G W Shelley et al V8 Julius Andrews as justice of the peace. Alternative writ of mandamus issued. In re estate of Daniel Curran, deceased. Order directing the conveyance of certain lands to Jas Gleeson Jr signed. NEW CASES. A J Anderson V8 JS Gunn and Geo W Shelley. Writ of review. Kroenert Bros VS Anderson-Middleton Lumber Co. Foreclosure of mtg. Shelley & Co VS Julius Andrews as justice of the peace. Mandamus. WM Hulet VH Gabrielson & Holmer. Appeal from justice court.


Article from The Seattle Post-Intelligencer, January 30, 1900

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Bank Claims Paid in Full

Special Dispatch to the Post-Intelligencer. MONTESANO, Jan. 29.-F. L. Carr, who is receiver of the old Bank of Montesano, which closed its doors some three years ago, this week mailed checks to the credItors of the defunct institution, paying up all the claims in full.


Article from Aberdeen Herald, April 4, 1901

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The petitition asking for a reduction of the saloon license to $500 was not presented to the council Saturday night. It is said the saloon men are not united on the proposition.

Easter services in the M. E. Church, morning and evening. The Knight Templars meet in a body in that church in the morning. Children have the evening service.

A petition is being circulated asking the City Council to plank Wishkah St. from the city dock to Broadway. It is being signed by nearly all the resident property owners.

I stili bave my 15 head of choice thoroughbred and graded Jersey Cows and registered A. J. C. C. Bull for sale. The right parties can have time. GEORGE M. POWELL, Newskab, Wash.

Chas. Neeson has finished logging on the Wishkah river, and is moving his camp to a point on the Chehalis river near the county poor farm, where he has 280 acres of timber land.

The drilling machinery for the Olympic Oil Co. arrived on the steamer Coronado Friday, and has been taken to Copalis by the steamer Montesano. Boring will begin as soon as the machinery is placed in position.

Gus. Blumquist, of Hoquiam, was in town Tuesday and leased one of the new store rooms in the Zelasko block, which he will occupy as a boot and shoe store as soon as the building is completed.

Harry Underwood, the youngest son of J. R. Underwood, died at the residence of his father, on Hume street, last Thursday night, March 28, aged 17 years. The funeral took place Sunday afternoon, services at the Congregational church.

C. H. Lillibridge, of the Grays Harbor Candy Co., has leased the lot on G. St. near Wishkah, between the Grays Harbor Fish Market and the Commercial Tea Co., where he will build a factory and store suitable for the candy jobbing business.

The state supreme court affirmed the judgment in the case of L. B. Bignold, reciever of the Bank of Montesano, vs. H. W. Carr appealed from this county. This was an action brought on a judgment by the bank against Carr for $2,615.57.

The fire department was called out by an alarm at 3 o'clock Monday morning, to find an April fool card on the hose house door. Had a fire occured soon after, it is doubtful if the boys would have turned out, and the foolers would then haverecognized themselves as the real fools.

The jury term of the superior court is progressing slowly. The first case called was I. W. Mason vs. Douglas Bros., in which the plaintiff secured a verdict for the amount asked for, as being due him upon the Hoquiam bridge contract. Up to last evening this was the only case Ised of.