Bank of Superior (Superior, WI)

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The Bank of Superior Fails, WEST SUPERIOO, Wis., Dec. 28.The Bank of Superior, doing business at the East End, suspended today. The assignment was made by the directors to Henry S. Butler who has taken possession. The bank had $25,000 capital and $6,000 surplus which largely was tied up in investments. The big proportional deposit of $100,000 was a constant menace. A elight run Saturday caused the closing. The deposits are mostly small amounts. The officers of the bank expect to liquidate in full, unless there is a continual decline or assets.

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Another Bank Failure

WEST SUPERIOR, Wis., Dec. 28.-The Bank of Superior, doing business at the east end, suspended today on account of a run with"which it was threatened on account of recent failures. An assignment was made by the directors to Henry Butler. The bank had $25,000 capital and $6000 surplus. The depoists were about $100,000.

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Small Bank Unitere

SUPERIOR Wis. Dec. 28.-The Bank of Superior, doing business at the east end. suspended to-day on account of a run with which they were threatened on account of the recent failures. An ast. signment WITH made by the directors to Henry S. Butler. The bank had $26,000 capital and $6,000 surplus which was largely tied HID in Investments

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A WISCONSIN BANK

West Superior, Wis., Dec. 28.-The bank of Superior, doing business at the East End, suspended to-day on account of a run with which they were threatened on account of the recent failures. The deposits are mostly in small amounts and the bank expects to be able to liquidate in full unless there is a continual decline in assets.

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BANK OF SUPERIOR Saspends Business and Makes an Assignment-A Run Caused It. Superior, Wis., December 28.-The Bank of Superior, doing business at the East End. suspended to-day on account of a run with which they were threatened on account of the recent failures. An assignment was made by the directors to Henry S. Butler. The bank had $25,000 and $6,000 surplus, which was largely tied up in investments. The disproportionate deposits of about $100,000 were a constant menace and a slight run was experienced Saturday, which influenced the closing of the institution. The deposits are mostly in small amounts and the bank expects to be able to liquidate in full unless there is a continual decline in assets. The city of Superior had $13,210 in bank. making nearly $30,000 lost by the city during the past week. The bank was capitalized at $25,000 and had $6,000 surplus. The deposits at this time were about $100,000. and the city is caught in the affair for about $13,000. The bank was organized in 1885.

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FINANCIAL DIFFICULTIES

The Atlas National Bank, of Chicago, Shuts Up Shop. No Deposits Being Accepted, and Depositors Being Paid Off as Fast as They Present Their Books-The Done Savings Bank of Chicago Affected by the Recent Failure. Bank of Superior, at Superior, Wisconsin, Suspended - Other Concerns That are No Longer Sound.

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BANK FAILURE IN SUPERIOR WIS

Superior, Wis., Dec. 28.-Anticipating a run today, the Bank of Superior did not open for business this morning Henry B. Butler is assignee and has assumed charge of the bank's affairs. The failure is due to poor business and heavy withdrawals since recent failures in St. Paul, Chicago and this city. The capital of the bank was $25,000, with surplus of $6,000. The deposits were nearly $100,000. including $13,210 of city funds. This makes nearly $30,000 of public funds tied up in a week. Officials of the bank say they will pay in full.

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Wisconsin Bank Failure

Superior, Wis., Dec. 28.-Anticipating a run today, the Bank of Superior did not open for business this morning. Henry S. Butler, assignee, has assumed charge of the bank's affairs. The failure is due to poor business and heavy withdrawals since the recent failures in St. Paul, Chicago and this city, The deposits were $100,000, including $13,000 city funds. This makes $30,000 public funds tied up in a week. Officials of the bank say they will pay in full.

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Superior Bank Closes

WEST SUPERIOR. Wis., Dec. 28.-The Bank of Superior, doing business at the East end, suspended today on account of a run

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The Bank of Superior at Superior, Wis., with a capital of $25,000 and a surplus of $60,000, failed. Monday. The officials closed the bank, fearing a run on account of the Chicago and St. Paul bank failures. The deposits are $100,000.

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West Superior Bank Suspends

MILWAUKEE, Dec. 29.-A special to The Evening Wisconsin from West Superior, Wis., says : The Bank of Superior, doing business at East End, has suspended on account of a run with which they were threatened on account of the recent failures. An assignment was made by the directors to Henry S. Butler, who has taken possession. The bank had $25,000 capital and $50,000 surplus, which was largely tied up in investments. It is expected creditors will be paid in full.

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FAILED AT SUPERIOR

The Bank of Superior Breaks, Carrying City Funds. West Superior, Wis., Dec. 30.-The Bank of Superior, located at the east end of the city. and the only bank there, suspended to-day on account of a run with which they were threatened on account of the recent failures. An assignment was made by the directors to Henry S. Butler, who has taken possession. The bank had $25,000 capital, and $50,000 surplus, which was largely tied up in investments. The big proportional deposit of about $100,000 was a constant menace, and a slight run was experienced Saturday, which influenced the closing of the institution. The deposits are mostly in small amounts. and the bank expects to be able to liquidate in full unless there is a continued decline in assets. The city of Superior had $13,210 in bank, making nearly $30,000 lost by the city during the past week.

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Bank Closes Its Doors

West Superior, Wis., Dec. 30.The Bank of Superior, doing business in the East End, suspended today. An assignment was made by the directors to Henry S. Butler, who has taken possession. : The bank has $25,000 capital and $6,000 surplus, which is largely tied up in investments. Big proportional deposits of $100,000 was a constant menace. A slight run Saturday caused the closing. The deposits are mostly small amounts. Officers of the bank expect to liquidate in full unless there is a continual decline in assets.

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Feared a Run

WEST SUPERIOR, Wis., Jan. 1 --- The bank of. Superior of this city, with a capital of $25,000 and surplus of $60,000. failed. The assignment was made to Henry S.Butler who takes posession. The officials closed the bank. fearing a run on account of Chicago and St. Paul bank failures. The deposits amounted to $100,000.

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Superior Bank May Reopen

West Superior, Wis., Jan. 19.-Assignee H. S. Butler of the suspended Bank of Superior has filed a statement showing assets and liabilities at $126,777. The bank has loans and real estate to the amount of $100,000. The liabilities include $77,000 deposits. This was the only bank at Superior and will probably be reorganized.

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Notice of Sheriff's Sale on Foreclosure.

STATE OF WISCONSIN. Circuit Court, Douglas County.

Louisa M. Strickland, Plaintiff, vs. William B. Lowrie, Robert M. Fulton and Emma G. Fulton his wife, and David B. R. Chapman, Defendants.

NOTICE is hereby given that by virtue of a judgment of foreclosure and sale duly made and entered in the above entitled action in the court aforesaid, on the 6th day of June, A D. 1893, which said judgment was thereafter, and on said 6th day of June A. D. 1893, for a val- uable consideration duly transferred and assigned by said plaintiff, Louisa M. Strickland, to the Bank of Superior, of Superior Wisconsin, and was thereafter by the voluntary assignment of all its assets made and executed by said Bank to Henry S. Butler, as assignee for the benefit of its creditors, duly transferred and assigned to said Henry S. Butler as assignee, as aforesaid, I shall on the 2nd day of March, A. D. 1897, at ten o'clock in the forenoon of that day, at the West- erly front door of the County Court House in the City of Superior in said County of Douglas and State of Wisconsin, offer for sale and sell at pub- lic auction to the highest bidder for cash, the real estate and mortgaged premises directed by said judgment to be sold, and hereinafter de- scribed, or so much thereof as may be necessary to satisfy the amount of said judgment, to-wit: the sum of Two hundred and ninety three and 37-100 dollars ($293.37) with interest thereon from the date of said judgment at the rate of six per centum per annum and the costs and ex- penses of such sale.

The real estate and premises so to be sold, as directed by said judgment, are situated in the county of Douglas and state of Wisconsin, and are described as follows, to-wit: The south west quarter of the north west quarter (SW¼ of the NW¼) and the west half of the south west quar- ter (W½ of the SW¼) of section twenty (20) and the north west quarter of the south east quarter (NW¼ of the SE¼) of section thirty 30) all in township forty five (45) north of range fifteen (15) west.

Dated January 14th, 1897.

FRANK L. WILCOX. Sheriff of Douglas County, Wisconsin. By CHARLES WICKSTROM, Deputy Sheriff. CATLIN, BUTLER & LYONS, Attorneys for said Assignee. (J-16-23-30-f-6-13-20-27)