gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
400ceda2692c6f5c
Response Measures
None
Description
Bank is already defunct and in receivership across articles; specific original suspension date not given (estimated).
Events (3)
1.September 25, 1899Receivership
Newspaper Excerpt
the receiver wishing to foreclose on the same. ... By order of C. F. MABBETT, Pres. W. H. POMEROY, Sec. Edgerton, Wis., Sept. 25, 1899.
Source
newspapers
2.June 18, 1900Other
Newspaper Excerpt
M. C. Jeffries ... went to Edgerton today to pay over to L. H. Towne, receiver of the defunct Bank of Edgerton, the sum of $54,000, the amount fixed by the court to cover the liabilities of the directors and stockholders of the bank to the depositors.
Source
newspapers
3.August 22, 1901Other
Newspaper Excerpt
Receiver L. H. Towne of the old Bank of Edgerton, which closed its doors nearly four years ago, will apply to the court for an order to dispose of all the remaining assets.
Source
newspapers
Newspaper Articles (10)
1.September 29, 1899The Wisconsin Tobacco ReporterEdgerton, WI
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Article Text
Notice. A special meeting of the stockholders of the Edgerton Pottery Co. will be held at the office of the company in this city at 2 o'clock p. m., Wednesday October 25, 1899, to consider the mortgage interests of the Bank of Edgerton, the receiver wishing to foreclose on the same. A full attendance is desired. By order of C. F. MABBETT, Pres. W. H. POMEROY, Sec. Edgerton, Wis., Sept. 25, 1899.
2.October 6, 1899The Wisconsin Tobacco ReporterEdgerton, WI
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Article Text
Notice. A special meeting of the stockholders of the Edgerton Pottery Co. will be held at the office of the company in this city at 2 o'clock p. m., Wednesday October 25, 1899, to consider the mortgage interests of the Bank of Edgerton, the receiver wishing to foreclose on the same. A full attendance is desired. By order of C.F. MABBETT, Pres. W. H. POMEROY, Sec. Edgerton, Wis., Sept. 25, 1899.
3.June 19, 1900The Saint Paul GlobeSaint Paul, MN
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Article Text
Good News for Depositors. JANESVILLE, Wis., June 18.-M. C. Jeffries, of the law firm of Fethers, Jeffries & Moat, went to Edgerton today to pay over to L. H. Towne, receiver of the defunct Bank of Edgerton, the sum of $54,000, the amount fixed by the court to cover the liabilities of the directors and stockholders of the bank to the de= positors. Dividends amounting to 30 per cent have already been paid, and when the depositors receive thi additional amount, which is to be paid to them Wednesday, they will have received 50 per cent on their claims.
4.June 22, 1900The Bowbells TribuneBowbells, ND
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Article Text
STOCKHOLDERS PAY UP. Compelled to Make Up Bank's Shortage to Depositors. Janesville, Wis., June 20.-M. G. Jeffries, of the law tirm of Methers, Jeffries & Meat. went to Edgerton yesterday to pay over to L. II. Towne, receiver of the defunct Bank of Edgerton the sum of $54.000. the amount fixed by the court to cover the liabiliDividends ties of the depositors. amounting to 30 per cent have already been paid. and when the depositors receive this additional amount they will have received 50 per cent on their claims.
5.June 23, 1900The Washburn LeaderWashburn, ND
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Article Text
STOCKHOLDERS PAY UP. Compelled to Make Up Bank's Shortage to Depositors. Janesville, Wis., June 20.-M. G. Jeffries, of the law firm of Methers, Jeffries & Meat, went to Edgerton yesterday to pay over to L. H. Towne, receiver of the defunct Bank of Edgerton the sum of $54,000, the amount fixed by the court to cover the liabilities.. of the depositors. Dividends amounting to 30 per cent have already been paid, and when the depositors receive this additional amount they will have received 50 per cent on their claims.
6.June 29, 1900The Pioneer ExpressPembina, ND
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Article Text
STOCKHOLDERS PAY UP. Compelled to Make Up Bank's Shortage to Depositors. Janesville, Wis., June 20.-M. G. Jeffries, of the law firm of Methers, Jeffries & Meat, went to Edgerton yesterday to pay over to L. H. Towne, receiver of the defunct Bank of Edgerton the sum of $54,000, the amount fixed by the court to cover the liabilities of the depositors. Dividends amounting to 30 per cent have already been paid, and when the depositors receive this additional amount they will have received 50 per cent on their claims.
7.August 22, 1901Wood County ReporterWisconsin Rapids, WI
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Article Text
BANK ASSETS AT AUCTION. Edgerton Receiverships to be Wound Up Soon. Receiver L. H. Towne of the old Bank of Edgerton, which closed its doors nearly four years ago, will apply to the court for an order to dispose of all the remaining assets. The aggregate of these will represent an indebtedness of over $115,000 and will doubtless be offered at auction to the highest bidder. After Receiver Towne has pounded away on these claims for nearly four years the whole bunch of what is left will not present a very juicy picking to any collector. But the receivership is to be wound up and everything goes at the best offer, and the sale promises to be an interesting one.
8.October 4, 1901The Wisconsin Tobacco ReporterEdgerton, WI
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Article Text
To Whom It May Concern: All persons are hereby warned against purchasing of L. H. Towne, receiver of the Bank of Edgerton, or any other person, that certain promissory note of $1050, dated April 1st, 1893, signed by H. R. Houfe, interest paid on same to April 1st, 1896, and $50 on principal, as the same has been fully paid by me and can not and will not be collected. H. R. HOUFE. Dated Edgerton Sent. 28th 1901. 3-3
9.October 11, 1901The Wisconsin Tobacco ReporterEdgerton, WI
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Article Text
To Whom It May Concern: All persons are hereby warned against purchasing of L. H. Towne, receiver of the Bank of Edgerton, or any other person, that certain promissory note of $1050, dated April 1st, 1893, signed by H. R. Houfe, interest paid on same to April 1st, 1896, and $50 on principal, as the same has been fully paid by me and can not and will not be collected. H. R. HOUFE. Dated Edgerton, Sept. 28th, 1901. 3-3
10.October 18, 1901The Wisconsin Tobacco ReporterEdgerton, WI
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Article Text
To Whom It May Concern: All persons are hereby warned against purchasing of L. H. Towne, receiver of the Bank of Edgerton, or any other person, that certain promissory note of $1050, dated April 1st, 1893, signed by H. R. Houfe, interest paid on same to April 1st, 1896, and $50 on principal, as the same has been fully paid by me and can not and will not be collected. H. R. HOUFE. Dated Edenrten noth 1001 22
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.