Article Text
BANK RECEIVER APPOINTED.-The - controller of the currency has appointed Mr. A. W. Wickham of Salina, Kan., receiver of the First National Bank of Ellsworth, Kan., insolvent. - -
6594. First National Bank (Ellsworth, KS)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- national
- Bank ID
- 3249
- Charter Number
- 3249
- Start Date
- February 11, 1891
- Location
- Ellsworth, Kansas (38.731, -98.228)
Metadata
- Model
- gpt-5-mini
- Short Digest
0c9eb384
Response Measures
None
Receivership Details
- Depositor recovery rate
- 49.4%
- Date receivership started
- 1891-02-11
- Date receivership terminated
- 1898-04-11
- OCC cause of failure
- Excessive lending
- Share of assets assessed as good
- 53.3%
- Share of assets assessed as doubtful
- 23.9%
- Share of assets assessed as worthless
- 22.8%
Description
Comptroller of the Currency appointed a receiver for the First National Bank of Ellsworth, KS, in February 1891 (insolvent). No articles describe a depositor run prior to suspension. A 1892 mention of a dividend to creditors indicates liquidation proceedings following receivership.
Events (5)
1.
September 11, 1884
Chartered
- Source
- historical_nic
2.
February 11, 1891
Receivership
- Source
- historical_nic
3.
February 11, 1891
Receivership
- Newspaper Excerpt
- The comptroller of the currency has appointed A. W. Wickham, of Salina, Kan., receiver of the First National bank of Ellsworth, Kan., insolvent.
- Source
- newspapers
4.
February 11, 1891
Suspension
- Cause
- Government Action
- Cause Details
- Comptroller of the Currency appointed a receiver and declared the bank insolvent.
- Newspaper Excerpt
- The comptroller of the currency has appointed Mr. A. W. Wickham of Salina, Kan., receiver of the First National Bank of Ellsworth, Kan., insolvent.
- Source
- newspapers
5.
February 4, 1892
Other
- Newspaper Excerpt
- A second dividend of 15 per cent has been declared for the benefit of the creditors of the First National Bank of Ellsworth.
- Source
- newspapers
Newspaper Articles (5)
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B USINESS TROUBLES. Ugly Rumors Concerning Two Massachusetts Banks. AYER, Mass., Feb. 11.-The First National. and the North Middlesex Savings banks have closed their doors and ugly rumors are afloat concerning them. H. E. Spaulding, cashier of both institutions, has been missing from town since Monday evening. Where he has gone no one here knows, he leaving no word as to his intentions. The exact financial condition of the banks is not now known. Investigation but tends to show that both the First National and North Middlesex Savings banks are solvent. the latter specially so, as none of its funds have been tampered with. If there is any loss, it will fall on the national bank. Cashier Spaulding has doubtless been dabbling in stocks. This fact is gathered from a letter sent by a New York brokerage firm received here to-day demanding a remittance of $1,500, which letter was opened by the bank authorities. The theory is that he has been dealing in margins and taking small sums from the bank which he is now unable to repay. The sums cannot be large, since the bank was examined only a month ago, and was then all right. The supreme court this afternoon issued an injunetion restraining the North Middlesex institution for savings at Ayers, Mass., from paying out any money until an investigation of the finances of the bank can be made. WILMINGTON, Feb. I1.-Itisevident that the shortage of J. Eldridge Pierce, the absconding secretary of the City Loan association, will amount to $90,000, instead of $47,591, as recently computed. It is believed the assets of the concern are now about $50,000, against $140,000 this time last year. A committee of the association is investigating the assets, and will report at the next monthly meeting. PHILADELPHIA, Feb. 11.-A special to the Press from Lewisburg, Pa., says: The Lewisburg Nail works were levied on yesterday by the sheriff to satisfy a judgment of $35,000. The property of the firm will be sold at sheriff's sale on the 23d inst. NEW YORK, Feb. 11.-Adolph A. Hoffman and Alfred E. Frommett, silk manufacturers of Paterson, N. J., assigned to-day to William Stephenson, without preferences. VASHINGTON, Feb. 11.-The comptroller of the currency has appointed A. W. Wickham, of Salina, Kan., receiver of the First National Bank of Ellsworth, Kan., insolvent. DENVER, Col., Feb. 11.-Daniel Sheehan, the leading merchant of Red Mountain, has closed his store, everything being covered by attachments. His liabilit2es are estimated at $40,000; assets unknown.
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THE NEWS OF THE WORLD. ALL THE CONTINENTS REPRESENTED. Minor Occurrences of the Past Week Briefly Paragraphed For "The Weekly Sentinel"-Look Sharp or Miss a Newsy Item. Senator Brice denies he contemplates resigning. The river at Chattanooga is above the danger point. Noah Walker & Co. of Baltimore assigned for $100,000. The Lewisburg (Pa.) nail works are in the sheriff's hands. No plan has yet been devised for settling the Connecticut contest. Edward Markbreiter was arrested at St. Louis for violating the lottery law. L. R. Imboden, a banker of Ft. Worth, Tex., has been arrested for forgery. The Mercantile block and contents at Aurora, Ill., burned; loss, $125,000. W. W. Tredwell, postmaster at Sheepshead Bay, L. I., is short and missing. Burglars blew the safe of the Port Washington, (Wis.) bank and secured $1,200. The rock-house of the Allouez mine at Houghton, Mich., burned; loss, $25,000. A new interest law in Nebraska fixes the maximum rate of interest at 10 per cent. The shortage of Cashier Spaulding of the Ayer (Mass.) banks will be $25,000 or more. A boycott has been placed on Clark's thread by the American federation of labor. Extensive prairie fires are destroying the range in Gall and Swisher counties, Texas. O. W. Wickham has been appointed receiver of the First National bank of Ellsworth, Kas. The store and residence of L. H. McInnis, merchant at Twohig, Tex., burned; loss, $20,000. Charles F. Edgerton, a prominent banker of Creston, la., cut his throat as a result of illness. The miners and cokers' strike in the Connellsville region is assuming still greater proportions. Miss Ethilda Bolding of Bridgeport, Ill. shot and probably fatally wounded Mrs. Samuel Rigley. Near St. Albert, Ont., Mrs. La France and her two grandchildren lost their lives in their burning house. Otto Krellwitz was fatally burned by his costume catching fire at a masquerade ball in Houghton, Mich. Fears are entertained at Prarie Duchien, Wis., of an epidemic of smallpox. Six cases have been reported. David Fox, the only survivor of the Nottingham explosion of a year ago at Wilkesbarre, was killed by a blast. Mrs. Vandover of Poplar Bluff, Mo., confesses that she and Marion Long, her paramour, killed her husband. The assignment of the Dueber watchcase works, Dayton, O., will be raised and operations resumed by March 1. Adolph A. Hoffman and Alfred E. Frommet, silk manufacturers of Paterson, N.J., assigned without preferences. Miss Clarinda Riley jumped overboard from the steamer City of Pueblo when off Mendocino, Cal., and was drowned. It is officially denied that the Scottish Union and Liverpool, London & Globe insurance companies are to consolidate. Nelson H. George of the Ogden, Utah, post office has been arrested, charged with embezzling a$5,000 registered package. The fight between McCarthy and Dixon will come off at thequarters of the Hudson county athletic club, Jersey City, Feb. 20. Judge Warder of Chattanoogo, who killed his son-in-law, Banker Fugette, has become insane and been released on bail. Fire destroyed the five-story brick building occupied by Pier Bros., dealers in hops and malt, New York. Loss, $30.000. Michael Smith was killed and John Selk fatally hurt in attempting to stop a row in a Polish boarding house at Marquette, Mich. Two hundred representatives are in attendance at the annual convention of the American newspaper association at New York. All kinds of pool selling except on tracks where races are in progress is prohibited by a bill which passed the Missouri senate. The sloop Fawn was wrecked off San Pedro, Cal., and Andrew Rule and Alexa Urquhart, merchants of San Pedro, drowned. Jan Samphon of Charleston, W. Va., tried to kill M. D. Donovan and was himself killed by Everett Wiley, an employe of Donovan. Private Albert Blackman, of battery B, Fifth artillery, shot and killed Gottlieb Nonneman, second cook of the company at Presidio, Cal. The Western canned goods association at Chicago re-elected President L. G. Seager. L.J. Ryan was chosen vice-president for Indiana. Physicians have forced food down the throat of H. M. Rogers, the Pennsylvania murderer, who is trying to starve to death in the Omaha jail. James Waiters was kilfed by Edward Laws at Guthrie, O. T. The former in company with some friends had gone to Laws' house to attack him. E. M. McGillin, formerly a Cleveland dry goods merchant, sued the H. B. Clefflin company of New York City today for $364,000 for breach of contract. Haynes & Files, dry goods dealers, Hillsboro, Tex., executed a deed of trust. Preferred creditors are secured in the sum of $10,000. Liabilities not known. William H. Sistare of the Wall-st. banking firm of Sistare Bros., bankers, was locked up charged with swindling August Heckher of Philadelphia out of $60,000. J.S. Coxey of Lexington, Ky., owner of the Dixiana stud, has decided to make Robert Bonner an offer of $12,000 for the privilege of breeding Maud S. to Acolyte. At Anacortes, Wash., the steamer Union
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A Kansas Bank. WASHINGTON, D. C., February 13.-The comptroller of the currency has appointed A. W. Wyckham, of Salina, Kan., receiver of the First National bank of Ellsworth, Kansas, insolvent.
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CENTRAL AND WESTERN KANSAS. Riley has an old bachelor's union. The Solomon salt works have re-opened for business. An ink famine struck the Great Bend Register office last week. A Mr. Bray lives at Goodland. He not related to the Dark Horse. The Ersham Machine Co., of Enterprise, has had a prosperous year. Judge Humphrey is holding his first term of court at Abilene this week. Uncle Waterman is very generous with his Delphos Republican. This office gets two copies. Meadow larks are seen every day in Jewell county, or else a Jewell City exchange is a liar. Bill Nye cigars are popular at Marquette. They are of a higher grade than Bill Nye humor. The population around Grainfield is soon to be augmented by two hundred families of Russian Jews. The Kanopolis Kansan waxes humorous. It refers to Bill Hackney as "late a Republican leader." Uncle Jerry Rusk has decided not to remove his sugar experimental station from Sterling to Medecine Lodge. A second dividend of 15 per cent has been declared for the benefit of the creditors of the First National Bank of Ellsworth. Sensible advice from the Wellington Press:- "Don't rush off to the strip unless you know you can better your condition." Up in Ellsworth county where they always have lively political battles, the first gun of this year's campaign has already been fired. The McPherson Democrat says the Newton woman reporter did not stay with "the boys" during the last part of the Democratic festivities. Hon. Belva Lockwood, ex-candidate for president on the suffrage ticket, lectured in Chapman last week. Why didn't she come to Saline? Minneapolis regaled herself last week with a real murder and fining a woman school teacher for whipping a boy who very badly needed punishment. Lew Headley has just had his old files bound and now devotes Sundays after church to going over old times when he had lots of fun with the boys. Between the dam and the county printing fight between the two leading papers, Clay Center manages to find sufficent amusement and occupation for idle hours, even if the billiard halls have been closed. The mill at Wilson, Kan., had to shut down because it could not get enough wheat to run. There is plenty of wheat in the country around Wilson, but the farmers are not pushed for money, and are therefore holding their grain for better prices. Hope, Kansas, was all torn up last week because of the defalcation of the leading banker, who is supposed to have taken $20,000 with him to "parts unknown." A day or two wo later the house of one of the leading citizens was entered by a tramp in broad day light, and $50 taken. The $50 thief was captured, but no sign or word is heard from the $20,000 thief. B. Fritz, who walked for sheriff on the calamity ticket in Ellsworth county last fall, and who thinks he is endowed with a mission to overturn all existing forms of society, has been transferred to Kansas City. The U. P. railroad company, in whose employ he was at Ellsworth, has concluded it could get along without a car wheel thumper in this country, and that is why Mr. Fritz migrated. Being an adept at his trade he will still remain in the company's employ.