Bank of Hamline - St Paul, MN

Episode Information

Episode UID: 6699455691309
Episode Type: Suspension → Closure
Bank Type: private
Bank ID: 669945569 hash
Start Date: January 1, 1909*
Location: St Paul, Minnesota (44.944, -93.093)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 7cf7fd451aeeea1b

Response Measures

None

Description

President convicted for receiving deposits while bank was insolvent; bank suspended and in liquidation.

Events (2)

1. January 1, 1909* Receivership

Newspaper Excerpt: which suspended business last year and is still in liquidation.
Source: newspapers

2. January 1, 1909* Suspension

Cause: Bank Specific Adverse Info
Cause Details: Bank suspended because it was insolvent (president later convicted for receiving deposits while bank was insolvent).
Newspaper Excerpt: Mr. Drew was president of the Bank of Hamline, which suspended business last year and is still in liquidation.
Source: newspapers

Newspaper Articles (1)

1. February 26, 1910 The Fargo Forum and Daily Republican Fargo, ND

Article from The Fargo Forum and Daily Republican, February 26, 1910

Click image to open full size in new tab

Article Text

DREW GETS NEW TRIAL. Hamline Banker's Case Acted. Upon by Supreme Court. Minneapolis, Feb. 26.-A. Z. Drew, the Hamline banker, convicted and sentenced to two years' imprisonment for receiving deposits when he knew his bank to be insolvent was granted a new trial today by the state supreme court. The lower court is held to have made errors in charging the jury, and also in receiving as evidence Drew's schedule of liabilities and assets, filed by him in bankruptcy proceedings. It is held that this schedule was required by law, but could not be used against the maker of it. Mr. Drew was president of the Bank of Hamline, which suspended business last year and is still in liquida tion. He was convicted in the district court of Ramsey county.