Olmsted & Storms (Galesburg, MI)

Episode Information

Episode UID
5145490491128
Episode Type
Suspension โ†’ Closure
Bank Type
private
Bank ID
514549049 hash
Start Date
December 28, 1893
Location
Galesburg, Michigan (42.289, -85.418)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
f34837fc4e4a003c

Response Measures

None

Description

Sources report the private bank 'has suspended' but give no follow-up on reopening or receivership; additional articles could clarify outcome.

Events (1)

1. December 28, 1893 Suspension
Cause Details
Article states suspension without providing a reason or linking to broader statewide holiday or run.
Newspaper Excerpt
OLMSTED & STORMS, private bankers at Galesburg, Mich., suspended.
Source
newspapers

Newspaper Articles (3)

Article from The State Republican, December 28, 1893

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Article Text

WEST AND SOUTH. JOSEPH STEINER & SONS, bankers at Greenville, Ala., failed for $100,000. IN Cincinnati Herman Kleving, a carpenter out of work, fatally cut his wife's throat and his own. ROBBERS killed Hunter Wilson and fatally wounded his wife in Baxter county, Ark. THE attendants in a gambling house in Chicago were held up by burglars who got away with $4,000. AT Burbank, S. D., while sleigh-riding Miss Dolly Hemphill and Miss Kate Stefani were fatally shot by their escort, a man called "Shorty" Babcock, who then killed himself. No cause was known. OLMSTED & STORMS, private bankers at Galesburg, Mich., suspended. AT their home near Winchester, O., L. P. Ryan and wife, aged 81 and 78 respectively. were found murdered. KLEINE, TIMBERMAN & Co., dealers In woolen cloths in Cincinnati, failed for $125,000. ONE-HALF the police force in Ironwood, Mich., was under arrest for stealing goods sent to the starving Gogebic miners. FOR informing on Adel (Ga.) gamblers Will Ferguson was dragged to a swamp and killed to prevent his testifying. ROBBERS held up the Richmond Southern Pacific express train near Houston, Tex., killed the express messenger and fireman and robbed the expressare


Article from The Sun, December 28, 1893

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Article Text

Foreign Gossip. Premier Crispi makes a statement of the cabinet policy. Germany's great fortifications at Mahmedy are said to be with a view to easily invading the north of France. Canadians are against any proposition to annex their country to the United States. For making an incendiary speech at a Socialist meeting, the mayor of Monreale, Sicily, has been suspended. The extraction of a nail from Vaillant's thigh. received from his own bomb has thrown the anarchists into a fever. A pleasure yacht with tifteen persons aboard capsized in the harbor at Sidney during a squall and seven of the party were drowned. The offices of L'Anarchistse at Paris were raided to-day and a number of documents were seized. The Journal des Bats says that ten dynamite cart ridges have been found in an omnibus in the Rue Fuvier. The statement is made on the best of authority that the relations between the Vatican and Russia are less cordial than they were some time ago. The pope, in his recent autograph letter to the ezar, complained of various acts against the liberty of Polish Catholics. It is reported that Joseph Codina, the anarchist who was recently arrested at Perpignan. Spain and brought to Madrid has confessed to being the father of the Liceo theatre outrage. He added calmly, "Now. only my death remains I wait it. "Letters have been received by the authorities of Gijon threatening to blow the Jesuit college up and other public buildings at that place. A committee of Spanish manufacturers, who are supported by several well known politicians, has arrived at Madrid in order to protest against the commercial treaty with Germany The committee intends to seek an interview with the queen, and will represent to her that the concessions made to Germany will ruin many trades and injure Spanish interests generally In addition, the committee will point out to the queen the vast increase in Ger man imports during recent years. Miscellaneous Items. The long strike in the Providence, R I., mills is ended by arbitration. "Buffalo Bill" Cody is a candidate for governor of Nebraska. In many localities in Texas cattle are perishing by thousands No rain has fallen for five months. Samuel Gompers is re-elected president of the American Federation of Labor on a close vote. The private bank of Olmsted & Storms of Galesburg. Mich., has suspended. Lawrence Gronlund, socialist, was de nied permission to speak in any of the Topeka, Kan., churches. Surveyor of Customs Alexander of Omaha has sent his resignation to the president. Pennsylvania heirs of Stephen Mast claim acres of land in Baltimore, Md., now valued at $100,000,000. Denver police are being execrated for their inability to cope with the epidemic of robbery in the city. Erath & Thym, cut stone dealers at Kansas City, Mo., made an assignment to J. A. Boyard. Assets, $13,000. The Working Woman's Home, established at a cost of $250,000. has been thrown open in Philadelphia. Anxiety is felt for the fast line steamer Corean, which is now five days overdue at St. Johns, N. F. Aldermen of Mankato, Kan., passed an ordinance fining any one whistling "After the Ball" 50 cents. James Ogden, chief of the Lima, Ohio, fire department, has sued the Times-Democrat for $10,000, alleging libel. Boston's cradle of liberty was rocked with true American speeches on the occasion of the 120th anniversary of the Boston tea party. The United German society of Hamilton, Ohio, assigned to Christen Benningholen. Assets and liabilities, $18,000 each. Kansas mine operators are said to 1gnore the weekly pay law. An investigation has been ordered by the governor. Suit for stock worth $950,000 has been brought by the administrators of the A. J. Davis estate against A. J. Davis, Jr. The strikes at Olneyville, R. I., involving 5,700 persons, fell through, the manufacturers making slight concessions. H. E. Pilcher has been appointed general freight agent of the Jacksonville Southeastern, with headquarters at St. Louis. General Master Workman Sovereign, of the Knights of Labor, declares himself 2 foe to strikes and an out-andout free trader. The Young Men's Democratic club of Massachusetts held a banquet at Boston. C.S. Hamlin, assistant secretary of the treasury, was the guest of the evening. The receiver of the Union Pacific system has closed a contract for 30,000 tons of steel rails, which will keep the plant at Pueblo busy for al nost four months. The Baltimore & Ohio finance committee has authorized the payment of the customary dividend of 3 per cent on the preferred stock on the business for the six months ending Dec. 31. A Cleveland, Ohio, syndicate, with H. A. Everett, president of the Cleveland. Street Railway company, at its head, has secured a controlling interest in the Richelieu & Ontario Navigation company. The banking firm of Joseph Steiner & Sons, the general merchardise firm of Steiner Bros. & Co., both doing business at Greenville, Ala., made an assignment to E. R. Adams and Bernard Steiner. The liabilities are estimated to be not less than $100,000


Article from The L'anse Sentinel, December 30, 1893

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Article Text

WEEKLY NEWS REVIEW. Latest Telegraphic News From All Parts of the World. Controller Eckels has issued a call for a report by national banks of their condition at the close of business Dec. 19. Justice Frazer of the Supreme court of New Brunswick has been appointed lieutenant-governor of that province. John Murray made an assault on Rev. Russell and wife near Gibson. Ill. He has been bound over to the grand jury. The United German society of Hamilton. Ohio, assigned to Christen Benningholen. Assets and liabilities, $18 000 each. At Pine Bluff. Ark., the cotton and implement warehouso of Bluthenthal & Co. was destroyed by fire. Loss, $15,000; partly insured. Mrs. Sutherland, the divorced wife of Dr. R. J. Sutherland, committed suicide at Albuquerque, N. M., by cutting her throat. Fire in the lumberyard of the T. Finck Schmidt Lumbar company, Louisville. Ky., caused a loss of $15,700 with $10,000 insurance. The Marinette, Wis., Iron Work company has gone into voluntary dissolution. Its works will be continued, the directors acting as trustees. Manager Knox of the Shenango glass works. Newcastle, Pa., has announced that fires will be lighted. Employment will be given to 300 men. The damage suit brought by Mrs. E. S. Randall against J. G. Randle at Dallas, Texas. for killing her husband last Christmas has been compromised for $10,000. Mahar Bros.' furniture factory at Medina. N. Y., was destroyed by fire. Loss. $65,000; insurance, $35,000. Nearly 200 men are thrown out of employment. At Napoleon. Ohio. the windmill factory of Heller. Aller & Co., Karl Kolbe's livery stable, and Wallace Blair's general store were burned. Loss. $17,000: insurance. $7,500. The Seaboard Air line has secured a controlling interest in the Macon and Northern and the Georgia. Southern and Florida railroads. which gives it a through line to Florida. Telegrams from Washington make it certain that permission has been granted to J. F. Stearns of Ludington, Mich., to build at Odanah, Wis. a $50,000 sawmill. Mr. Stearns has left for Washington to file his bond of $50,000. Seventeen hundred men were given work in Shenley and Highland Parks on city work. More men applied for work than could be accommodated. Other unemployed people are being taken care of and much distress has been relieved. The private bank of Olmsted & Storms of Galesburg. Mich., has suspended. John W. Knipe and son were killed by the explosion of a thrasher boiler near Logan. Ohio. A. J. Small. agent of the Big Four railroad at Kesslers. Ohio, has been arrested. a shortage in his accounts being alleged. William Lemke. with his team of horses. was killed by a passenger train on the Omaha branch near Neillsville, Wis. W. B. Dungan. the commission man of Sioux Falls, S. D., denies the report of his attempted suicide recently at Loveland. Ohio. Holland. Mich., school children have contributed for the destitute miners of the Upper Peninsula a carload of provisions and clothing. In the Virginia legislature Gen. Eppa Hunton was elected United States senator for the short term and Thomas S. Martin for the long term. A succersful operation was performed at Paris Senator Wolcott of Colorado for double hernia of the stomach. He is reported to be rapidly improving. Mary Doyle. aged 20, her brothers, James, aged 13. aud John. aged 12, and Charles Neal, aged 16. were drowned in Chocolate lake. near Halifax, N. S., while skating. Samuel Ritchie of the Warrensburg (111.) Times was viciously assaulted by William Laffin and Otis Ritchie be cause of fancied persecution. The latter are under arrest. A favorable report has been ordered on the house bill to provide for the opening of certain military reservations. Western and southern congressmen are greatly interested in the measure. The Northwestern and Wisconsin Central roads are employing 100 of Hurley's destitute people to keep the yards clear of snow from a heavy fall. It is four feet deep on the level and is still falling. At a meeting of his congregation called against the orders of the presbytery Rev. Dr. D. B. Greigg, pastor of the Twelfth Presbyterian church, Baltimore, Md., has been sustained. He is accused of being too liberal in his views. The controversy between the water works company and the Kansas City authorities has been settled. The arrangement, which is a compromise,