Waupaca County National Bank (Waupaca, WI)

Episode Information

Episode UID
441401124
Episode Type
Run โ†’ Suspension โ†’ Reopening
Bank Type
national
Bank ID
44140 national
Charter Number
4414
Start Date
August 2, 1893
Location
Waupaca, Wisconsin (44.358, -89.086)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
2a29e758d03c20f9

Response Measures

Full suspension, Books examined

Events (6)

1. September 10, 1890 Chartered
Source
historical_nic
2. August 2, 1893 Run
Cause Details
Depositors made heavy withdrawals (a run); no specific rumor or underlying bank failure cited in articles.
Measures
Bank closed/suspended payments following heavy withdrawals.
Newspaper Excerpt
The Waupaca County National bank closed its doors this morning. The trouble was caused by a run on the institution.
Source
newspapers
3. August 2, 1893 Suspension
Cause Details
Suspended payment/closed after the depositor run; suspension appears to be temporary and under controller oversight.
Newspaper Excerpt
The Waupaca County National bank has closed its doors. The trouble was caused by a run on the institution.
Source
newspapers
4. August 28, 1893 Reopening
Newspaper Excerpt
the Waupaca County National Bank of Waupaca, Wis., which suspended payment on ... Aug. 2 ... has been authorized to reopen their doors. The latter will resume on Monday, August 28.
Source
newspapers
5. August 30, 1893 Reopening
Newspaper Excerpt
The County National bank of this city reopened its doors for business after a suspension of less than a month.
Source
newspapers
6. June 17, 1910 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (16)

Article from St. Paul Daily Globe, August 3, 1893

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Bank at Waupaca Closes. Waupaca, Wis., Aug. 2.-The Waupaca County National bank closed its doors this morning. The trouble was caused by a run on the institution. The general belief is that depositors will be paid in full. The president stated today that they had $40,000 in gilt-edged paper more than they were owing July 12.


Article from Rock Island Daily Argus, August 3, 1893

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Bank at Waupaca Closes. WAUPACA, Wis., Aug 3.-The Waupaca County National bank has closed its doors. The trouble was caased by a run on the institution. The general belief is that depositors will be paid in full.


Article from New-York Tribune, August 6, 1893

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TROUBLES OF BANKING COMPANIES. Leon, Iowa, Aug. 5 -The Decatur County Banking Association, the oldest concern In Southern Iown, Including brarch banks at Davis City and Garden Grove, suspended this morning. Assets, $471,000; liabilItles, $315,000. T. 8. Arnold has been named as assignee. It 1s believed that the embarrassment is only temporary, and that the depositors will be paid 10 full. Sparta, Wis., Aug. 5.-M. A. Thayer, operating banks at Sparta and Tomah, made an assignment yesterday. Depositors will receive about 60 cents on the dollar. The Waupaca National Bank is expected to resume in a few days. Washington, Aug. 5.-Controller Eckels has appointed John S. Lawrence receiver of the Northern National Bank of Big Rapid. Mich., and Gold S. Curtis receiver of the First National Bank, of Great Falls, Mont.


Article from The Star, August 9, 1893

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Financial and Commercial. The Seven Corners bank at St. Louis, Mo., has assigned. Business at all the New York savings banks was going on as usual Thursday. The excitement is all over. Depositors evidently feel assured tnat their money is perfectly safe. At Naima, Idaho, the First National Bank has failed. The El Paso, Texas, National Bank has suspended. The First National Bank of Birmingham. Ala., has closed. The Waupaca County National Bank of Waupaca, Wis., has closed its doors, During the past three months $3,800,000 worth of fine gold has been received by the Bank of California as the product of California's gold mines and smelters. The decrease of the earnings of the Western railroads for July, as compared with the June earnings, is estimated at $500,000.


Article from The Middleburgh Post, August 10, 1893

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Article Text

Financial and Commercial. The Seven Corners bank at St. Louis, Mo., has assigned. Business at all the New York savings banks was going on as usual Thursday. The excitement is all over. Depositors evidently feel assured tnat their money is perfectly safe. At Naima, Idaho, the First National Bank has failed. The El Paso, Texas, National Bank has suspended. The First National Bank of Birmingham. Ala., has closed. The Waupaca County National Bank of Waupaca, Wis., has closed its doors, During the past three months $3,800,000 worth of fine gold has been received by the Bank of California as the product of Cali fornia's gold mines and smelters. The decrease of the earnings of the West ern railroads for July, as compared with the June earnings, is estimated at $500,000.


Article from Evening Star, August 24, 1893

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Colorado and Wisconsin Banks Resume. The American National Bank of Pueblo. Col., and the Waupaca County National Bank of Waupaca. Wis., which suspended payment on July 5 and August 2, respectively, having complied with the conditions imposed upon them by the controller of the currency, and the capital stock being unimpaired, have been authorized to reopen their doors to business The former will resume on Monday, September 4, and the latter on Monday, August 28


Article from New-York Tribune, August 24, 1893

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posed upon It by the Controller of the Currency, and its capital stock being unimpaired, (was to-day permitted to reopen its doors for business. The American National Bank of Pueblo, Col., and the Waupaca County National Bank of Waupaca, Wis., which suspended payment on July 5 and August 2 respectively, have also been authorized to resume business. The former will resume on Monday, September 4, and the latter on Monday, August 28.


Article from The Sun, August 24, 1893

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Banks Allowed to Reopen. WASHINGTON. Aug. 23.-The Fourth National Bank of Louisville. which suspended payment on July 25. having complied with the conditions imposed upon it by the Comptroller of the Currency. and its capital stock being unimpaired. was permitted to-day to reopen its doors for business. The American National Bank of Pueblo. Col., and the Waupaca County National Bank of Waupaca, Wis.. which suspended payment on July 5 and Aug. 2 respectively. were also authorized to reopen their doors.


Article from St. Paul Daily Globe, August 30, 1893

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KANSAS CITY, Mo., Aug. 29.-The statement issued today by the national banks of this city shows that since the height of the financial flurry, which was reached July 19, deposits have increased $2,000,000. SAN FRANCISCO, Aug. 29.-Phe Peosle's Home Savings bank. which closed its doors June 23. opened for business this morning. The bank has deposits of 82,000,000. DENVER, Col., Aug. 29.-The German National bank opened its doors for business at the regular hour this morning. This IS one of the oldest banks in the city and one of the last to suspend during the July panic. Soon as the doors were opened County Treasurer Hart deposited $20.000, and other merchants $25,060. several others nearly as large amounts, while the list of smaller depositors reached to the street. The other two suspended banks expect to resume this week. WAUPACA, Wis.. Aug. 29. - The County National bank. of this citv, reopened its doors for business yesterday after a suspension of less than a month. NEW YORK, Ang. 29.- The World today prints a list of twenty banks which have resumed business, also a list of about fifty masufacturing establishments which have resumed operations since Aug. 12.


Article from The Madison Daily Leader, August 30, 1893

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Article Text

Waupaca Bank Reopened. Waupaca, Wis., Aug. 30. - - The County National bank of this city reopened its doors for business after a suspension of less than a month.


Article from The Sauk Centre Herald, August 31, 1893

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Waupaca Bank Reopened. Waupaca, Wis., Aug. 30. - The County National bank of this city reopened its doors for business after a suspension of less than a month.


Article from River Falls Journal, August 31, 1893

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WEST AND SOUTH. J. T. KNAPP & Co.'s private bank at Cedar Falls, Ia., closed its doors. MILLERS and elevator men in Minneapolis in order to move the wheat crop have decided to use checks and due bills. THE directory for the current year gives the city of Cleveland a population of 296,021, a gain of 12,274 over the previous year. FLAMES swept away the business portion of Winlock, Wash. THE Masonic hotel at Harvey, Ill., was burned, the loss being $100,000, with no insurance. The hotel was filled with visitors to the world's fair. BANKS that suspended recently have resumed business as follows: Fourth national at Louisville, Ky., American national at Pueblo, Col., County national at Waupaca, Wis., and Mercantile state bank at Denver, Col. THE Nebraska republicans will hold their convention at Lincoln October 5. IN Galesburg, Ill.,- Benjamin Churchill, a veteran of the war of 1812, died at the age of 102 years. THE democrats of Iowa in convention at Des Moines renominated Horace Boies for governor and S. L. Bestow for lieutenant governor, and nominated John Cleggett for supreme judge, J. B. Knoepfler for state superintendent of schools and Thomas Bowman for railroad commissioner. The platform declares for the repeal of both the McKinley and Sherman laws, demands a license-tax law, calls for economy in the expenditure of public money and opposes monopolies. IN Ham Brothers' store at Scottsville, Ky., the safe was blown open by burglars and $10,000 in cash taken. THE death of R. L. Woolen, well known throughout the west as "Uncle Dick," occurred at Trinidad, Col., in his 80th year. He was the greatest pioneer in America and the oldest Indian fighter in the wor)


Article from Bismarck Weekly Tribune, September 1, 1893

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Waupaca Bank Revpened. WAUPACA, Wis., Aug. 30. - The County National bank of this city reopened its doors for business after a suspension of less than a month.


Article from Mineral Point Tribune, September 2, 1893

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A. A. Stratton, of Plainfield, had his hand partly amputated by con with a circular saw. Peter Peterson, a Bayfield young fell off the dock at that place and rowned. His body was recovered. Joseph Durkie pleaded guilty at Ash nd to the charge of forgery. He will sentenced at the next term of court Herman Wagner, a teamster at Me ominee, Mich.. was nearly trample death by a horse. His recovery is oubtful. Pete B. Jessey was granted a divorce his wife. Mary Jane Jessey, a ausau. The parties formerly lived Antigo. Jame Cheney, who shot and killed obert Murphy Friday night near Bis was taken to Grand Rapids be Judge Webb, where it is expected will waive examination and give for his appearance at the circui The County National bank bas re pened its doors for business at Waupa after a suspension of less than : onth. George Comstock, who eloped with Cleary, has been caught at Chica by Sheriff Murphy and brought bael Marinette. Willie Kranchus of Appleton while laying in a barn at Seymour fel feet and received injuries tha be fatal. The position of station agent of the Shore road will be discontinues Appleton, the Northwestern and Shore depots being managed by agent. Albert Goertz, of Watertown, has appointed to the secretaryship o ongressman Barwig's committee in house of representatives. Henry Meincke, of Tomah. has con to furnish the 18,000 pounds o eef the Indian school at that place wil during the ensuing year. Thomas Mack, a West Superior resi nt, was arrested and bound over to circuit court for trial on a charge assaulting a httle girl. Two barn belonging to John Var yke, of the town of Freedom, Outa county, were destroyed by fire $2,000. young man named Blink was se ously stabbed during a row at Com onwealth. He is in a critical con Bank Examiner Lynch, who is in of the Union National bank a pending its opening. has made statement. It says that the bills re eivable are $655,000 and the liabilitie $470,000. The examiner urges the sumption and says that it will be to cerdit of the bank and the interes the depositers and a great advan to the business public of Racine a prompt and generous response il to the proposition as represented the committee of the stockholders the bank. H. Wheeler. a farmer residing Lake Geneva. sustained a heavy by fire. Three barns and a shed hich contained a quantity of hay and and all his carriages, harness sleighs, eight blooded horses and cords of wood were destroyed origin of the fire is unknown. The is not less than $12,000, partially An action for $5,000 damages for per injuries sustained on a defective has been against


Article from The Times, September 3, 1893

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BANKS HAVE RESUMED. Those That Were Temporarily Embarrassed Now All Right. WASHINGTON, D. C. Sept. 1.Controller Eckels has prepared the following statement of banks which temporarily suspended during the late stringency and have since resumed business: Black Hills National Bank, Rapid City, S. D., capital stock, $125,000; Gate City National Bank, Atlanta, Ga., $250,000; Capital National Bank, Indianapolis, Ind., $300,000; Washington National Bank, Spokane Falls, Wash., $250,000; First National Bank, Palouse city, Wash., $75,000: Southern California National Bank, Los Angeles, Cal: $200,000; First National Bank, Los Angeles, Cal., $200,000; First National Bank, San Diego, Cal., $300,000; First National Bank, Santa Ana, Cal., $150,000; First National Bank, Kendallville, Ind., $50,000; First National Bank, San Bernardino, Cal., $100,000; Second National Bank, Ashland, Ky., $50,000; First National Bank, Rico, Col., $50,000; National Bank of Commerce, Provo City, Utah, $50,000; First National Bank, Cisco, Texas, $50,000; American National Bank, Leadville, Col., $100,000; Central National Bank, Pueblo, Col., $50,000; Missouri National Bank, Kansas City, Mo., $250,000; First National Bank, Fort Scott, Kan., $300,000; Union National Bank, Denver, Col., $1,000,000; National Bank of Commerce, Den ver $500,000; Hutchinson National Bank, Hutchinson, Kan., $100,000; People's National Bank, Denver, Col.,$600,000; First National Bank, Anthony, Kan., $50,000; Greeley National Bank, Greeley, Col., $50,000; Farmer's National Bank, Henrietta, Tex., $50,000; State National Bank, Vernon, Tex., $100,000; Fourth National Bank, Louisville, Ky., $200,000; First National Bank, The Dalles, Ore., $50,000; Waupaca County National Bank, Waupaca, Wis., $50,000: Waxabachee National Bank, Waxabachee, Tex., $100,000; Citizen's National Bank, Attica, Ind., $50,000; First National Bank, San Marcos, Tex., $80,000; First National Bank, Lockhart, Tex., $50,000. Total capital stock of $6,030,000. Since January 1 last 154 national banks have suspended. Of this number one has gone into voluntary liquidation, 57 have been placed in the hands of receivers, 62 are in the hands of national bank examiners with excellent prospects of early resumption, in addition to the 34 above named which have already resumed business.


Article from The Washburn Leader, September 9, 1893

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BANK SOON TO REOPEN. Wanpaca, Wis., Aug. 24.-The Waupaca County National bank of this city, which closed its doors some time ago owing to a run by its depositors, received instructions from Controller Eckels to reopen. This it w.ll do Monday, Aug. 28.