Seattle National Bank (Seattle, WA)

View Charter #4229 on SPMC View balance sheet

Episode Information

Episode UID
422901130
Episode Type
Suspension → Closure
Bank Type
national
Bank ID
42290 national
Charter Number
4229
Start Date
February 17, 1894
Location
Seattle, Washington (47.606, -122.332)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
777efa7c23289e6a

Response Measures

None

Description

Articles describe receivership and litigation alleging fraud and insolvency rather than a depositor run.

Events (4)
1. February 11, 1890 Chartered
Source
historical_nic
2. February 17, 1894 Other
Newspaper Excerpt
receiver of the Seattle National Bank building to be allowed to lease rooms on the upper floor of the building to the Sunset Telephone Company for a telephone exchange.
Source
newspapers
3. November 30, 1895 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Petition alleging conspiracy/fraud by president Hooker and that liabilities exceed assets by about $50,000.
Newspaper Excerpt
H. H. Wheeler has petitioned the Superior Court asking that the Seattle National Bank be placed in the hands of a receiver. ... liabilities of the Seattle National exceed the assets by $50,000.
Source
newspapers
4. January 21, 1899 Receivership
Newspaper Excerpt
Case of Receiver of Seattle National Bank vs. Old National Bank of This City Dismissed. ... decision ... dismissing without prejudice the case of Charles H. Baker, receiver of the Seattle (Wash.) National bank ... .
Source
newspapers

Newspaper Articles (10)
1. February 17, 1894 The Seattle Post-Intelligencer Seattle, WA
Article from The Seattle Post-Intelligencer, February 17, 1894

Click image to open full size in new tab

Article Text

Courts and Public Offices. A license to wed was issued yesterday for H. O. Love, of Oakland, Cal., and Adelia Grace Burgert, of Seattle. Judge Langley yesterday granted the petition of the receiver of the Seattle National Bank building to be allowed to lease rooms on the upper floor of the building to the Sunset Telephone Company for a telephone exchange. D. L. Cox, who was appointed receiver of the Ninth Street Grocery Company, yesterday filed his second monthly report in the superior court. He says that the running expenses are larger than the business will warrant, and asks permission to discharge a part of his clerks. The debts of the company are being paid as fast as possible.

2. October 28, 1894 The Seattle Post-Intelligencer Seattle, WA
Article from The Seattle Post-Intelligencer, October 28, 1894

Click image to open full size in new tab

Article Text

Cases Set for Trial. The following cases were assigned for trial by Judge Osborn yesterday: D. N. Taylor vs. M. F. Nelson et al.-November 12. D. A. Spencer, receiver, vs. Seattle Savings bank-November 13. D. A. Spencer, receiver, vs. Seattle -National bank-November 13. John H. Powell vs. Charles F. Fishback -November 14. T. P. Dyer vs. R. R. Drummond et al.November 14. Bay View Brewing Company vs. M. A. Morse-November 16. C. F. Le Ballister vs. Port Discovery Mill Company et al.-November 16.

3. January 29, 1895 The Seattle Post-Intelligencer Seattle, WA
Article from The Seattle Post-Intelligencer, January 29, 1895

Click image to open full size in new tab

Article Text

Courts and Public Offices. In the superior court yesterday E. Cowell recovered a judgment for $640 against John Collins et al. Marriage licenses were Issued yesterday for Francis A. Woodward, of New York city, and Mary Spencer, of Seattle: Adam Edward Sell and Ellen Price, both of GIIman. D. A. Spencer, as receiver of the Seattle National bank building. was non-sulted in the superior court yesterday in an action brought to collect rent from Scott, Corson & Winstock. The latter claim that the rent has been paid. Judge Osborn yesterday signed an order directing the clerk of the superior court to pay the Zinteks, of Ballard, a part of the $5,000 judgment recovered against the Stimson Mill Company for the death of the husband and father in 1791. The Seattle Box & Manufacturing Company yesterday filed articles of incorporation with the county auditor. Incorpora-

4. July 13, 1895 The Seattle Post-Intelligencer Seattle, WA
Article from The Seattle Post-Intelligencer, July 13, 1895

Click image to open full size in new tab

Article Text

REPORT OF THE BANK BUILDING. Fair Profit for the Quarter-Statement of Accounts. W. S. Harlan, receiver of the Seattle National Bank building, filed his quarterly statement in the superior court yesterday. The cash receipts exceed the expenditures for the quarter $2,867.18, with $743.05 payable on accounts. There is $2,100 delinquent on rent: the roll for June amounts to $982. Following is the report: Debit-

5. August 31, 1895 The Seattle Post-Intelligencer Seattle, WA
Article from The Seattle Post-Intelligencer, August 31, 1895

Click image to open full size in new tab

Article Text

made. County Clerk Gordon was directed to pay out to the proper parties the money in his possession. Payments were made as follows: W. J. Grambs, receiver $ 1,770.83 C. E. Cotting, first mortgage 9,136.50 Seattle National Bank, second mortgage 55 1,579 Total $12,486.97

6. December 1, 1895 The San Francisco Call San Francisco, CA
Article from The San Francisco Call, December 1, 1895

Click image to open full size in new tab

Article Text

SEATTLE BANK FRAUDS. Charges of Conspiracy Preferred Against President Hooker. SEATTLE, WASH., Nov. 30. 1 H. H. Wheeler has petitioned the Superior Court asking that the Seattle National Bank be placed in the hands of a receiver. Conspiracy on the part of Robert G. Hooker, the president, is charged. About a year ago the Commercial National Bank, of which Wheeler was president. was consolidated with the Seattle National. The plaintiff claims that Hooker has been fraudulently disposing of stock and otherwise seeking to defraud the former stockholders of the Commercial National, and that the liabilities of the Seattle National exceed the assets by $50,000. Wheeler himself is now under bonds, charged with fraud in his management of the Blaine National Bank, Blaine, Wash.

7. February 16, 1896 The Seattle Post-Intelligencer Seattle, WA
Article from The Seattle Post-Intelligencer, February 16, 1896

Click image to open full size in new tab

Article Text

Court Notes. Next Saturday being Washington's birthday, Judge Langley will set cases on Friday. Under order of Judge Osborn the bond of defendants in the case of Ida D Pennington VS. D. T. Wheeler et ux. was yesterday disapproved. The $1,000 judgment obtained by John McQuillan against the city in an action for damages for personal injuries has been assigned to William H. Sherman. Marriage licenses were issued yesterday for Norman M. Beer and Jessica Noel, both of Victoria: John O. Back and Hanna Reswick, both of Seattle: William Davids and Ella S. Chrestensen, both of Seattle. Judge Osborn yesterday overruled the motion of Fred Taake for a new trial of his case against the city. The case is notable in that Taake went out of court on the ruling that Railroad avenue is not a street. A third amended complaint was filed in the superior court yesterday in the case of W. H. Wheeler vs. the Seattle National bank, in which the plaintiff prays for the appointment of a receiver and for an accounting. Sio Yee, the Chinaman arrested last month for being without a certificate, was at first ordered deported, but Judge Hanford suspended the writ for sixty days to allow him time to obtain his certificate. The necessary document arrived Friday, and yesterday Sie Yee was released by Deputy United States Marshal Quilter. A change of venue to Pierce county has been ordered to the case of the Puget Sound National bank V8. E. Meeker & Co, In the case of the city vs. the L. H. Griffith Realty and Banking Company et al., wherein a judgment was obtained a short time ago against John Coilins 8.9 surety on a $15,000 note, the superior court has granted an extension of time to Collins till February 20 for filing affidavits. Judgments were signed in the superior court yesterday as follows: O. W. Lynch & Co., Inc., VS. Jacob Furth et al., as administrators, $875.80; Seattle Hardware Company VS. Furth et al., $235.91; MacDougall & Southwick Company vs. Furth et al., $785.84; Pierre P. Ferry vs. J. H. Kunzie et al., $653.85; M. M. Carraher vs. Michael Phillips et ux.: W. B. Seymour vs. Edwin Ripley: James H. Woolery vs. J. P. Concannon, $165: Seattle Hardware Company vs. W. B. Larimer et al., $495.41; C. H. Whipple et al. vs. L. Scarlatos, $207.09.

8. October 20, 1896 The Seattle Post-Intelligencer Seattle, WA
Article from The Seattle Post-Intelligencer, October 20, 1896

Click image to open full size in new tab

Article Text

Receiver's Final Report. The final report of the receiver of the Seattle National bank building was yesterday confirmed by Judge Langley. The later report, supplemental to the final report, was also received. but action thereon is postponed. The settlement made by the receiver with Jenner & Legg is approved: the balance of cash remaining on hand after the payment of the amount allowed Hastings & Stedman is to be paid to the Gordon Hardware Co., Whittier, Fuller & Co., the Seattle National bank and H. W. Viele. An order fixing the compensation of the receiver at $200 was also signed.

9. June 4, 1897 The Seattle Post-Intelligencer Seattle, WA
Article from The Seattle Post-Intelligencer, June 4, 1897

Click image to open full size in new tab

Article Text

Call and Examine. $15 to $175. er Way, Bet. First and Western Aves. A. L. PIPER, Receiver. cent, authorised. The receiver is also au- thorized to sell the forty-two shares of Seattle National bank stock now held by him, for not less than $100.

10. January 21, 1899 The Providence News Providence, RI
Article from The Providence News, January 21, 1899

Click image to open full size in new tab

Article Text

# WITHOUT PREJUDICE OR COSTS. Case of Receiver of Seattle National Bank vs. Old National Bank of This City Dismissed. A decision has just been handed down by the United States Circuit Court of Appeals in Boston by Justices Putnam, Webb and Lowell dismissing without prejudice and without cost the case of Charles H. Baker, receiver of the Seattle (Wash.) National bank, and the Old National bank, Francis A. Cranston, cashier, of Providence, R. I. Mr. Cranston as cashier of the Old National bank some time ago accepted 100 shares of stock of the Merchants' National bank of Seattle as collateral on a loan made to a local party. When the Seattle bank went into the hands of Receiver Charles Baker each share of its stock was assessed for 75 per cent. of its par value. Receiver Baker called for $7500 upon the stock held by Mr. Cranston as cashier of the Old National bank, which Mr. Cranston refused to pay, declaring that he held the stock merely as collateral on a loan. Mr. Baker then entered suit for the amount, and Judge Brown of the United States District Court, sitting in Providence, rendered a decision on May 28, 1898, that neither Mr. Cranston as cashier nor the Old National bank was liable for the amount. Mr. Baker then carried the matter to the United States Circuit Court of Appeals in Boston, with the foregoing result.