Exchange Bank (Farmington, MN)

Episode Information

Episode UID
75034671129
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
7503467 routing
Routing Number
75-0346
Start Date
January 16, 1894
Location
Farmington, Minnesota (44.640, -93.144)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
68abdc4c7004e220

Response Measures

None

Description

Newspapers state the bank had already 'gone out of business' prior to the dynamite attack.

Events (2)

1. January 16, 1894 Other
Newspaper Excerpt
some miscreant had placed a dynamite cartridge ... and when it exploded it blew the front of the Exchange bank of this place
Source
newspapers
2. January 16, 1894 Suspension
Cause
Voluntary Liquidation
Cause Details
Article states the bank had gone out of business and there were no funds in the vault.
Newspaper Excerpt
the bank having gone out of business
Source
newspapers

Newspaper Articles (2)

Article from St. Paul Daily Globe, January 17, 1894

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Article Text

BLEW A BANK'S FRONT OUT, But the Institution Had No Funds in It. Special to the Globe. FARMINGTON, Minn., Jan. 16.-The inhabitants of this place were startled this morning about 5:30 by a loud explosion. Upon investigation it was found that some miscreant had placed a dynamite cartridge inside the storm protection of the front door of the Exchange bank of this place, and when it exploded it blew the front of the bank proper all out, besides wrecking the counter and inside glass protection on top of the counter. As there were no funds in the vault, the bank having gone out of business, and no attempt having been made on the safe, no reason can be assigned for committing the act.


Article from The Scranton Tribune, January 19, 1894

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Article Text

FLASHES OF GENERAL NEWS. George Slosson is out with a challenge and it holds good only to Ives. The American Society of Civil Engineers is in annual session in New York. While coming from Havana to New York S. Menede was robbed in his stateroom of $400 and a watch. In a $1,000,000 infringement suit at Sr. Paul, the Wood Harvesting company beat the Esterly company. An old Spanish grant, covering Pensacola's water front, is declared illegal by Florida's supreme court. Embezzler Burke, who stole $8,000,000 from Louisiana, says he will return from Honduras to stand trial. While being initiated into sixteenth degree Masonry, W. H. Boothroyd, a Detroit publisher, dropped dead. The Tariff Reform league of Boston passed resolutions calling from the prompt passage of the Wilson bill. High railroad rates will make the Spreckels, of San Francisco, send 50,000 tons of raw sugar round the Horn. Virginia legislators are considering a bill to legalize the sale and reorganization of the Richmond and Danville railroad. Managers of several potteries at East Liverpool, O., announce a new scale of wages and others will do sothisafternoon. On his way to the penitentiary, Bank Cashier Redwine, the Atlanta embezzler, absolved all other officials from wrongdoing. Striking coal miners at Salem, O., put a dynamite bomb against the door of Operator John Evans' office, but it failed to explode. The Massilion (O.) coal operators issued a circular asking Ohio miners to accept reduction in the price of mining of 15 cents per ton. Charged with helping her lynched son to murder Mr. and Mrs. Rhines, Mrs. Elizabeth Parker, of Winchester, O., was arrested. With a dynamite cartridge, unknown miscreants blew out the front of the suspended Exchange bank's building at Farmington, Minn. Oakland citizens will subscribe $50,000 toward building a ferry to San Francisco that will compete with the Southern Pacific railroad. A motion for the appointment of a receiver of the property of the ThomsonI Houston Electric company. of New York, was made to Judge Barrett. The deadlock in the special session of the Colorado legislature was clearly de: fined when the senate refused to consider the first bill submitted from the house. Admiral Mello visited the convict island, Fernan Noronna, enlisting many of the released prisoners, and took all the available provisions except enough to feed for five days those remaining on the island.