Baraga Bank of H. R. Gladden (Baraga, MI)

Episode Information

Episode UID
74056471476
Episode Type
Suspension → Closure
Bank Type
private
Bank ID
7405647 routing
Routing Number
74-0564
Start Date
December 22, 1922
Location
Baraga, Michigan (46.779, -88.489)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
87c6037abe4e8820

Response Measures

None

Events (2)
1. December 22, 1922 Suspension
Cause
Government Action
Cause Details
Court/judicial appointment of a receiver by a circuit judge indicates suspension of normal operations.
Newspaper Excerpt
F. W. Schwalm on Monday was appointed receiver of the Baraga Bank of H. R. Gladden by Circuit Judge Jehn G. Stone at Houghton.
Source
newspapers
2. March 29, 1923 Receivership
Newspaper Excerpt
You are hereby notified that I, the undersigned, Fred W. Schwalm, have been appointed by the above Court Receiver of all the property and effects of the above named defendant, and have qualified as such Receiver. ... Dated: March 29, 1923. FRED W. SCHWALM, Receiver for H. R. Gladden, Business Address: Baraga, Michigan. J. F. Hambitzer, Attorney for Receiver, Business Address: Houghton, Mich.
Source
newspapers

Newspaper Articles (5)
1. December 22, 1922 The L'anse Sentinel L'anse, MI
Article from The L'anse Sentinel, December 22, 1922

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Article Text

BARAGA NEWS NOTES Principal Will Hand of the Covingtoton township schools, will arrive day to spend the holidays. The Baraga township schools closed for the is Miss yesterday Margaret McIntosh, holidays. will who at Kenosha, Wis., arto spend rive teaching Saturday the holidays with her parents. Mrs. John Guelff of Marwill arrive Saturday quette Mr. and Mrs. and Guelff's spend guests of Mr. and Mrs. John Christmas parents, McIntosh. teachMiss Ruth Anderson, who is Roscommon, will to spend the her ing urday at holidays Andrew arrive with Sat- Anparents, Mr. and Mrs. derson. Misses Florence Schwalm and Elizabeth McMahon of Detroit are expected tonight to spend Christmas here. The Campfire girls had a party on Wednesday night. All enjoyed themselves. Mr. and Mrs. Otto Lundin returned Tuesday from Kalamazoo, where they attended the State Grange meeting. Mrs. Edward St. Arnold is seriously ill. Miss Beatrice Weber left yesterday for her home in Kendal to spend her vacation with her parents. A daughter was born Monday to Mr. and Mrs. Rambaun. Henry Kopponen was a copper country caller yesterday. John Vaughn left Wednesday for Pekin. III., after several weeks' visit here with his daughters. Dr. R. S. Buckland on Wednesday shipped a car of beef cattle to the Chicago stock yards. Carl Engstrom and sister, Miss Ellen of Milwaukee will spend the holidays here with their parents. Miss Ellen Engstrom of Marinette, in the commercial departof that city's high the holidays with ment teaching spend her school, parents, will Mr. and Mrs. Gust Engstrom. Elmblad of transacted here last Joseph business Skanee Saturday. Mrs. Gust Engstrom was a caller in L'Anse last Saturday. Misses Margaret and Florence Hild were week end guests of their aunt, Mrs. J. H. McLean, at Li'Anse. Messrs. F. W. Schwalm and W. Birk were Houghton business callers Monday. Mrs. Henry LaSarge and daughter Mrs. Wade Picard of L'Anse visited here Monday. Mrs. Zedtic Moran and daughter Helen of L'Anse were Baraga shoppers last Saturday. Mrs. F. J. Knapp of Hart arrived for a few weeks' visit with Mrs. W. Wednesday her daughter, goodies H. Pinder. Those wishing to send to at Assinins send them to mas the orphans may Hand's for Christ- store Saturday, December 23. Mrs. Emelie Goldquist and daughter of Keweenaw Bay visited Monday in L'Anse. John Drake returned Monday from Duluth and will spend the winter here. John McIntosh was a copper country business visitor Tuesday. Edward Olson returned to his home in Pelkie Tuesday, after visiting in town a few days. The Misses Valeria Scrantany, Agnes McMillan and Martha McMahon returned last Friday from Marquette, where they are attending the Normal. , Joseph Bendry, who is attending the University of Michigan at Ann Arbor, returned last Saturday to spend his Christmas vacation. Mrs. Donner and daughter of Chicago will arrive Sunday to spend the holidays with Principal and Mrs. F. R. Bush. Bernard Raymond, who is employed at Ontonagon will arrive Saturday to spend Christmas with his mother, Mrs. Raymond. Misses Doris Raymond, Maude Cameron and Mrs. Joseph. Cote were copper country shoppers last Friday. Miss Helga Beck, principal of the Gaylord school, will arrive today to spend the holidays with her parents, Mr. and Mrs. John Beck. Mrs. A. W. Stark was a copper country visitor Tuesday. Mrs. Myers returned to her home a in Michigamme Tuesday, after week's visit here with relatives. Miss Ethel Thomas of Baltic was guest the first of the week of Mrs. Wm. Johnston. F. W. Schwalm on Monday was appointed receiver of the Baraga Bank of H. R. Gladden by Circuit Judge Jehn G. Stone at Houghton. Miss Margaret Turner of L'Anse was a guest Tuesday of her sister. Mrs. Rose Olson.

2. January 5, 1923 The L'anse Sentinel L'anse, MI
Article from The L'anse Sentinel, January 5, 1923

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Article Text

visiting in Hancock a few days this week. Josehp Cote spent Wednesday in Iron Mountain. Robert Hill left last Saturday 'for Detroit, having secured a position in the Hudson plant. Rev. Crear of DePere, Wis., arrived Tuesday and will have charge of Fr. Douenberg's parish during his absence. M. L. Coon has installed a radio set and is enjoying concerts each night. Joseph Getzen returned Wednesday from a brief visit at the Soo. Messrs. Claude Willetts and Wm. Saarinen left Monday for Alston. Miss Agnes Engstrom left Monday for Marinette after a two weeks' visit in Baraga. Miss Elizabeth Hooper returned to Detroit Sunday after a brief visit here. Mr. and Mrs. Arthur Rose and children of Pequaming were guests Monday of Mrs. Draper, Mrs. Rose's mother. S, H. Knisely of Houghton was a business caller here Tuesday. F. W. Schwalm's bonds as receiver of the Baraga Bank of H. R. Gladden have been approved and he has taken charge of the institution. Miss Ruth Anderson left Sunday for Roscommon, where she is teaching school, after a two weeks' visit here with her parents. Mrs. Owen Thomas and daughter Ethel of Baltic were guests Tuesday of Mrs. Wm. Johnston. Miss Helga Beck returned to Gaylord, where she is principal of the high school, after a two weeks' visit at her home in Baraga. Miss Leona Stratton left Monday fo rToledo, Ohio, where she is teaching. She visited here with her parents, Mr. and Mrs. W. J. Stratton. John Greenblatt of Milwaukee, a former merchant of Baraga, arrived Tuesday for a few days' visit with old friends. Village Clerk Robert E. Martin has resignation and is succeeded by John P. Falk. H. Schroder of Ellis Junction was here this week loading out two thousand ties for the St. Paul railroad. ! The ties will be shipped to the treating plant at Grandville, Wis. John Markle was in L'Anse Tuesday attendance at a meeting of the Poor board.

3. March 30, 1923 The L'anse Sentinel L'anse, MI
Article from The L'anse Sentinel, March 30, 1923

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Article Text

(March 30-April 13) STATE OF MICHIGAN The Circuit Court for the County of Baraga, In Chancery. Hugh Nesbitt and Ben Cohl, Plainiffs, vs. H. R. Giadden, Defendant. To the Creditors of H. R. Gladden, formerly doing business as the Baraga Bank of H. R. Gladden, in the Village of Baraga, County of Baraga, and State of Michigan: You are hereby notified that I, the undersigned, Fred W. Schwaim, have been appointed by the above Court Receiver of all the property and effects of the above named defendant, and have qualified as such Receiver. You are further notified that if you are a creditor of said defendant, you are required to file with me, the said Receiver, a sworn proof of claim, stating the amount due you, whether the same has because duc, or sha the same shall become doe, and whether any or what securities are held by you. A legal form of proof will be sent or delivered to "any creditor more reYou are further notified quest. s cald claim must be sent by mail addressed to me, or handed to mc at Baraga, Michigan, within ninety days from the date hereof. FRED W. SCHWALM, Receiver for H. R. Giagden, Business Address: Baraga, Michigan. Dated: March 29, 1923. J. F. Hambitzer, Attorney for Receiver, Business Address: Houghton, Mich.

4. April 6, 1923 The L'anse Sentinel L'anse, MI
Article from The L'anse Sentinel, April 6, 1923

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Article Text

(March 30-April 13) STATE OF MICHIGAN The Circuit Court for the County of Baraga, In Chancery. Hugh Nesbitt and Ben Cohl, Plainiffs, vs. H. R. Gladden, Defendant. To the Creditors of H. R. Gladden, formerly doing business as the Baraga Bank of H. R. Gladden, in the Village of Baraga, County of Baraga, and State of Michigan: You are hereby notified that I, the undersigned, Fred W. Schwalm, have been appointed by the above Court Receiver of all the property and effeets of the above named defendant, and have qualified as such Receiver. You are further notified that if you are a creditor of said defendant, you are required to file with me, the said Receiver, a sworn proof of claim, stating the amount due you, whether the same has become due, or when the same shall become due, and whether any or what securities are held by you. A legal form of proof will be sent or delivered to any creditor upon request. You are further notified that said claim must be sent by mail addressed to me, or handed to me at Baraga, Michigan, within ninety days from the date hereof. FRED W. SCHWALM, Receiver for H. R. Gladden, Business Address: Baraga, Michigan. Dated: March 29, 1923. J. F. Hambitzer, Attorney for Receiver, Business Address: Houghton, Mich.

5. April 13, 1923 The L'anse Sentinel L'anse, MI
Article from The L'anse Sentinel, April 13, 1923

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Article Text

(March 30-April 13) STATE OF MICHIGAN The Circuit Court for the County of Baraga, In Chancery. Hugh Nesbitt and Ben Cohl, Plainiffs, vs. H. R. Gladden, Defendant. To the Creditors of H. R. Gladden, formerly doing business as the Baraga Bank of H. R. Gladden, in the Village of Baraga, County of Baraga, and State of Michigan: You are hereby notified that I, the undersigned, Fred W. Schwalm, have been appointed by the above Court Receiver of all the property and effects of the above named defendant, and have qualified as such Receiver. You are further notified that if you are a creditor of said defendant, you are required to file with me, the said Receiver, a sworn proof of claim,