8582. Irish American Bank (Minneapolis, MN)

Bank Information

Episode Type
Run β†’ Suspension β†’ Closure
Bank Type
state
Start Date
January 16, 1896
Location
Minneapolis, Minnesota (44.980, -93.264)

Metadata

Model
gpt-5-mini
Short Digest
5df7f8ec8fd9f549

Response Measures

None

Description

Contemporary articles report heavy withdrawals (a run) precipitated by the City Bank suspension; the Irish-American closed at noon Jan 16/17, 1896, a bank examiner/assignee was placed in charge and later a receiver was appointed (Judge Mahoney, Feb 28, 1896). The bank remained in receivership and its affairs were litigated β€” consistent with suspension followed by permanent closure/receivership.

Events (4)

1. January 16, 1896 Run
Cause
Local Banks
Cause Details
Heavy withdrawals (run) were precipitated by the suspension/failure of the City Bank in Minneapolis.
Measures
Bank closed its doors at noon; bank examiner placed in charge.
Newspaper Excerpt
Its few remaining depositors commenced to withdraw yesterday when the City Bank suspension was announced.
Source
newspapers
2. January 16, 1896 Suspension
Cause
Local Banks
Cause Details
Suspension followed a heavy run precipitated by the City Bank failure; bank was weak and had been expected to close.
Newspaper Excerpt
The Irish-American Bank, a state institution, closed its doors at noon. Its suspension had been anticipated, as it was known to be weak.
Source
newspapers
3. January 17, 1896 Other
Newspaper Excerpt
Bank Examiner Kenyon is now in charge. The bank was indirectly connected with the American Savings and Loan Association, which went into the hands of a receiver a few days ago.
Source
newspapers
4. February 28, 1896 Receivership
Newspaper Excerpt
Frank R. Hubachek is removed as assignee of the Irish-American bank, and Judge Stephen Mahoney appointed in his stead, under bonds of $600,000.
Source
newspapers

Newspaper Articles (24)

Article from Evening Star, January 16, 1896

Click image to open full size in new tab

Article Text

A Minneapolis Bank Suspends. MINNEAPOLIS, Minn., January 16.-The Irish-American Bank, a state institution, closed its doors at noon. Its suspension had been anticipated, as it was known to be weak, and its few remaining depositors commenced to withdraw yesterday when the City Bank suspension was announced. Its capital stock is only $100,000.


Article from Deseret Evening News, January 16, 1896

Click image to open full size in new tab

Article Text

Another Bank Failure. MINNEAPOLIS, Jan. 16.-The IrishAmerican bank, a state institution, closed today. Its depositors commenced to withdraw yes orday when the city bank suspension was announced. The capital is only $100,000. At the last statement, Dec. 13, 1895, the bank had $385,075 on deposits, $199,919 of which was subject to check. Loans and discounts $417,959; cash on hand and due from other banks, $72,535.


Article from The Record-Union, January 17, 1896

Click image to open full size in new tab

Article Text

One Bank Less. MINNEAPOLIS (Minn.), Jan. 16.The doors of the Irish-American Bank were closed to-day. Bank Examiner Kenyon is now in charge. The bank was indirectly connected with the American Savings and Loan Association, which went into the hands of a receiver a few days ago.


Article from The Times, January 17, 1896

Click image to open full size in new tab

Article Text

Failures of a Day, NEW YORK, Jan. 16.-The sugar and coffee importing and exporting house of Perkins & Welsh, composed of Osgood Welsh, Benjamin F. Butler, and John T. Gray, with offices at 41 Wall street, made an assignment to-day, with preferences for $125,850. The entire amount of the failure will probably be half a million dollars. J. W. Green, counsel for the receiver, says the failure was caused by the unsettled condition of commercial and political affairs in Cuba. NEW YORK Jan. 16.-Zeldenberg, Stlefel & Co., cigar manufacturers, assigned to-day. The liabilities at $350,000; nominal assets, $500,000. MINNEAPOLIS MINN., Jan. 16.-The doors of the Irish-American Bank were closed to-day. FRANKFORT. KY., Jan. 16.-The Old Judge Distilling Company made an assignment yesterday.


Article from Great Falls Weekly Tribune, January 17, 1896

Click image to open full size in new tab

Article Text

Another Crash in Minneapolis, MINNEAPOLIS, Jan. 16.- Owing to 8 run on the Irish-American I ank, on account of the failure yesterdav of the City bank. it was closed at noon today and ie


Article from The Copper Country Evening News, January 17, 1896

Click image to open full size in new tab

Article Text

Another Minneapolis Bank Fails. MINNEAPOLIS, Jan. 17.-The IrishAmerican bank, a weak state Institution, closed its doors at noon Thursday. Its suspension had been anticipated, as it was known to be weak and its few remaining depositors commenced to withdraw Wednesday when the City bank suspension was announce1. Its capital stock is only $100,000


Article from The Madison Daily Leader, January 17, 1896

Click image to open full size in new tab

Article Text

Another Minneapolis Bank Closes. MINNEAPOLIS, Jan. 17.-Owing to a heavy run precipitated by the City bank failure, the Irish- American bank close.i its doors at noon. The bank examiner is in charge, and as yet it is impossible to get any satisfactory statemens of the bank's affairs.


Article from Marietta Daily Leader, January 17, 1896

Click image to open full size in new tab

Article Text

CONDENSED NEWS Gathered From All Parts of the Country by Telegraph. W. H. Young, banker, Harrisonville, Mo., assigned Wednesday. Assets and liabilities unknown. The Kanawha river is again closed to navigation by the ice. The last boat. the Oneida, tied up Thursday. The Ohio is full of ice. At Denison, Tex., S. G. Holmes, dealer in dry goods. made an assignment Wednesday afternoon. Liabilities estimated at $40,000. A Cape Coast Castle dispatch to the Exchange Telegraph Co. says: King Porempeh of Ashantee has agreed to the terms of the British governmeut. The factory of the Woonsocket Rubber Co., a branch of the United States Rubber trust, Millville, Mass., employing 1,000 men, making rubber boots, was closed Wednesday indefinitely. United States Marshal Nix received a telegram Wednesday announcing that his posse of deputies had captured the notorious Oklahoma outlaw, Bill Doolin, at Eureka Springs, Ark. The senate committee on commerec Thursday morning fixed on Thursday, January 30, as the date for a hearing on the bill authorizing the construetion of a bridge across the Detroit river at Detroit, Mich. The steamer Flamborough, which arrived at New York Thursday from West Indian ports, reports that while at Livingston January 8, the United States ship Dolphin was in port surveying the bay of Honduras. Announcement was made Thursday morning that the committee of the officers of the National Woman's Christian Temperance union, appointed to select a location for the next national convention, has decided to accept the invitation from San Francisco. Pension Agent Brandon was arrested at Clarksville, Tenn., Wednesday, by order of United States Marshal McKenzie, on the charge of violating pension laws. Maj. Brandon is the republican candidate for mayor. He was jailed in default of $1,000 bond. An agreement has been reached whereby a four-cornered four-mile race will be rowed about the middle of June between Columbia, Cornell, Harvard and Pennsylvania. The race will be rowed either at Poughkeepsie or Springfield, with chances favoring the former. The doors of. the Irish-American bank at Minneapolis were closed Thursday. Bank Examiner Kenyon is now in charge. The bank was indirectly connected with the American Savings and Loan association, which went into the hands of a receiver a few days ago. The treasury department has requested the postmaster general to ascertain from postmasters what percentage of gold is recived by them and where the gold has been deposited. This action is taken to ascertain the location of gold in the United States in connection with the recent bond circular.


Article from The Ely Miner, January 22, 1896

Click image to open full size in new tab

Article Text

man and lived at Gardner, kan. Near Fort Holmes, O. T., four outlaws met death at the hands of a vigilance committee composed of ranchers. The City bank in Minneapolis, Minn., suspended payment with liabilities of $150,000. Seidenberg, Stieffel & Co., cigar manufacturers in New York, failed for $275,000. At the meeting in Washington of the democratic national committee it was decided to hold the national convention in Chicago on July 7. The Irish-American bank closed its doors at Minneapolis, Minn. Gen. F. M. Drake was inaugurated governor of Iowa at the state house in Des Moines. Fire destroyed a large portion of the business interests of Nashville, Ind. Perkins & Welsh, sugar importers and exporters in New York, failed for $500,000. Gen. Ballington Booth has purchased a farm in Bergen county, N. J., to be used as a home for worn-out Salvation Army officers. Kahn, Schoenbrun & Co., manufacturers and wholesale dealers in fine clothing in Chicago, failed for $300,000. The National Dairy union in session in Chicago elected W. H. Hatch, of Miscouri, as president. Over 600 women employed by the Westinghouse Electric company in Pittsburgh struck because of reduction in their wages. The American Protective Tariff league in annual session at New York elected Cornelius N. Bliss president and Wilbur F. Wakeman secretary. White caps ordered W. M. Hertel to discharge a colored employe in his factory near Lima, O. He did not do so and all his property was burned. The next G. A. R. encampment of Indiana will be held in South Bend, May 13 Γ‘nd 14. Thomas Yost, aged 65, was divorced at Burlington, Ia., and within 30 minutes had secured a license to marry Mrs. William Frost, widow of a Methodist minister. Misses Minnie and Flora, aged 18 years, twin daughters of James Davenport, living at Fayette, Ind., died near the same hour of typhoid fever. During their lives they had never been separated from each other over night. Five masked men entered the house of Joseph Day, an old farmer at Flynn's Lick, Tenn., who was reputed to have money hidden away, ard killed Mr. Day and his wife, but failed to find the money. James Hansen and his wife and five children were buried in one grave in Oakwoods cemetery in Chicago. All were suffocated by gas turned on by Mr. Hansen, who had become despondent over money losses. The two children of Mrs. George Spraggins were burned to death in their home near Petersburg, Ind. The Farmers' national bank at Portsmouth, O., suspended payment. Elder S. Davis, dealer in general merchandise at Monroe, La., failed for $100,000. Seven negro laborers who were sleeping in an underground camp near Williams, S. C., were killed by the earth above falling on them. Every business house at Oakland City, Ind., was destroyed by fire. The tannery of William Shuffe & Co. at Louisville, Ky., was destroyed by fire, the loss being $100,000. Sixteen passengers were badly hurt and ten others received minor injuries in a Midland Terminal railway wreck at Victor, Col. The exchanges at the leading clearing houses in the United States during the week ended on the 17th aggregated $1,062,791,224, against $1,235,652,555 the previous week. The increase, compared with the corresponding week in 1895, was 8.5.. Simon Wolf, chairman of the Cuban committee at Washington, said in Boston that congress would recognize the belligerent rights of the Cubans before February 22. There were 412 business failures in the United States in the seven days ended on the 17th, against 131 the week previous and 378 in the corresponding period of 1895. The population of Oregon, according to the census just completed by the county assessors, is 364,762, an increase of about 13 per cent. over the government census of 1890. PERSONAL AND POLITICAL F. J. Cannon and Arthur Brown were nominated for the United States senate in the republican caucus in the Utah


Article from The Weiser Signal, January 23, 1896

Click image to open full size in new tab

Article Text

ANOTHER MINNEAPOLIS BANK CLOSED The Irish'American, With Assets Large and Liabilities Moderate. Minneapolis, Jan. 16.-The IrishAmerican bank, a state institution, closed today. Its depositors commenced to withdraw yesterday when the City bank suspension was announced. The capital is only $100,000. At the last statement, December 13, 1895, the bank had $385,075 deposits, $169,919 of which was subject to check; loans and discounts, $427,759; cash on hand and due from other banks, $72,535.


Article from The Pioneer Express, January 24, 1896

Click image to open full size in new tab

Article Text

OWING TO A RUN, Precipitated by the Failure of the City Bank in Minneapolis. Minneapolis, Jan. 18.-Owing to a heavy run precipitated by the City Bank failure of yesterday, the IrishAmerican Bank closed its doors at noon. The bank examiner is in charge, and as yet it is impossible to get any satisfactory statement of the bank's affairs. The officers of the bank are: President, J. S. Coughlin; vice president, J. E. Gould; cashier, J. C. Scallen. James H. Bishop, of the AmerIcan Savings and Loan, is one of the directors. The American carried a big deposit in the Irish-American, which may have been a factor in the bank's action. The paid capital of the IrishAmerican was $100,000, and in a statement of its condition at the end of business Dec. 13, 1893, the resources and liabilities balance at $554,684.26. The heaviest liabilities are demand certificates of deposit, 39,000.22; time certificates of deposit, $176,866.64; individual deposits subject to check, $109,919.38; total, $385,786.24. Amount due to other banks, rediscounts and bills payable, foot up at $50,000. The heaviest item among the assets is loans and discounts, $427,959.16. There is also about $33,000 worth of real es. tate.


Article from St. Paul Daily Globe, January 28, 1896

Click image to open full size in new tab

Article Text

MINNEAPOLIS. MINNEAPOLIS GLOBULES. The suit of Louisa La Belle for divorce from William La Belle was dismissed in Judge Kerr's court. The ever popular "Fantasma" opened to bigger business than ever at the Bijou yesterday. There will be a popular-priced matinee tomorrow. There are forty cases on the jury calendar which should have been taken up before now. The court house was swarming with lawyers yesterday morning. A dwelling house at 2720 Thirteenth avenue south was entered by sneak thieves Sunday night while the family were away and a quantity of silverware stolen. An order was issued yesterday morning by Judge Jamison allowing the assignee of the Irish-American bank until Feb. 3 to prepare a schedule of assets and liabilities. The regular meeting of the Ishwara Theosophical society will be held this evening at 8 o'clock at 939 Guaranty Loan building. Subject, "Evolution," a paper written by Dr. J. W. B. LaPierre. City Comptroller Nye was at his desk yesterday morning after an absence of ten days in the East, during which he disposed of the reservoir bonds to Lamprecht Bros.' company at their bid of $208,042. The Methodist divines, at their meeting at the Hennepin Avenue church yesterday morning, first listened to and then discussed a paper by Rev. E. P. Robertson on the "Intellectual Satisfaction of the Religious niverse.' George A. Bracket has filed a claim against the city for $350, alleged to have been paid out in taxes from 1887 to Oct. 1895, on a strip of ground 9x59 feet, between Second avenue south and Washington avenue, in "Lock-up" alley. Peter P. Swenson was the first witness in the Weitzner, Gruenberg & Co. case yesterday, but he had not given any testimony before the court was adjourned until this morning. The case seems to be fated, for now it is P. J. McLaughlin, one of the attorneys for the plaintiff, who is ill. City Engineer F. W. Cappelen will address the Engineers' club, of the state university, this evening on the "Public Water Supply of Minneapolis." The meeting will be held in the lecture room of the department of physics at 8 o'clock. J. F. Kellogg, of Fond du Lac, Wis., is here to start a yeast factory. He is an expert in this business, and his product already has a good reputation on the market. The name of the new concern will be the Minneapolis Yeast company. Judge Charles M. Pond has extended the stay of proceedings in the case of Jennette W. Hale against the Life Indemnity and Investment company, now called the Iowa Life Insurance company, until and including Saturday, Feb. 1, 1896. The receiver of the City Bank has notified all depositors to bring their pass books to him that they may all be balanced up, and the work of preparing the schedules facilitated. It is not thought the schedules can be prepared before next week Monday. The armistice which was declared between the two factions of the house of Fred W. Eastman has been shortlived, and Mrs. Eastman, through her attorneys, Shaw, Cray, Lancaster & Baxter, has again commenced suit for absolute divorce from her husband, together with suitable alimony, the custody of their one child and attorney's fees. There was scarcely a vacant seat in the Metropolitan, Minneapolis, last night when the curtain went up on the elaborate production of Palmer Cox's "Brownies," and before the final transformation it is safe to say that there was not a person in the theater but was a fervent admirer of the gorgeous spectacle. The "Brownies" has been staged with a lavish hand, and in the selections of characters to represent the odd characters of Mr. Cox's creation the management have made excellent choice.


Article from St. Paul Daily Globe, February 4, 1896

Click image to open full size in new tab

Article Text

IRISH-AMERICAN BANK CREDITORS HAVE A LIVELY MEETING. OBJECT TO THE ASSIGNEE, AND WILL ASK THE COURT TO NAME A RECEIVER TO WIND UP AFFAIRS, GUARANTY LOAN LAW LIBRARY. A Move to Secure It for the CountyGeneral News of Minneapolis. It was an angry crowd of men and women that met in Room 512 of hte Bank of Commerce yesterday afternoon. They were the creditors and depositors of the suspended Irish-American bank, and they had assembled to talk over their unhappy condition. John Glennon presided, and J. W. Fitzgerald acted as secretary. Mr. Glennon briefly stated the object of the meeting, which was to secure the appointment of a receiver for the Insolvent bank in place of Assignee Frank R. Hubachek. The following statement of the wishes of the depositors was read and adopted with genuine Celtic warmth: "Reasons why a receiver should be applied for for the Irish-American Bank: "1. Mr. Hubachek, the present assignee, has been the attorney for the bank for the last three or four years. He is also a member of the firm of Rea, Hubachek & Healy. Judge Rea is a stockholder in the IrishAmericean bank, and has been connected with Blethen. the Bank of New England, with "2. That the Irish-American bank has loaned Blethen $17,000, which loan must have been advised by their attorneys, Rea, Hubachek & Healy. "Gould, the vice president of the IrishAmerican bank, resigned a short time before the bank failed, and connected himself with the firm of Rea, Hubachek & Healy, and is now taking an active part in settling up the affairs of said bank. "3. Hubachek will evidently do all in his power to cover up anything that would damage the stockholders or officers of the bank, and has no interest whatever in the depositors; that if a fair and impartial man could be appointed receiver the stockholders would get the accounts settled up sooner and more satisfactorily. "The only difference between a receiver and an assignee is that one is appointed by the court, and the other is appointed by the party making the assignment, and whenever an assignment is crooked or anything has been done to cheat or deceive the public, 1t 18 in the interest of the party making the assignment to put in some one who is his friend and who he has confidence in, and that party is in duty bound to protect the man who places him in the position. "We do not say but what Mr. Hubachek is a fair man, but he is in duty bound to protect the stockholders and officers of the bank who have placed him in the position, and who have employed him for the last three or four years. It is no more than justice that we should have a man to wind up the affairs of the bank who has no interest to protect for any one. but is competent to wind up the affairs of the bank honestly and impartially. without showing favor to any one, and if there is anything crooked or dishonest in the management of the bank we want a man at the head of the bank to show up any crookedness which may have been connected with the bank."


Article from St. Paul Daily Globe, February 11, 1896

Click image to open full size in new tab

Article Text

Papers Are Filed. Attorney General Childs yesterday filed in the Hennepin district court formal demands for the deposits of the state in the Irish-American and City banks, of Minneapolis, suspended.


Article from St. Paul Daily Globe, February 18, 1896

Click image to open full size in new tab

Article Text

WILL NOT INTERVENE. State Will Stand by Decision in Hubachek's Case. Attorney General Childs decided not to intervene in the suit brought by the depositors to have Frank Hubachek removed as assignee of the Irish-American bank, of Minneapolis, and receiver substituted. He does not consider the claim made against Mr. Hubachek strong enough to warrant such action, especially while the matter is under consideration by the court.


Article from St. Paul Daily Globe, February 28, 1896

Click image to open full size in new tab

Article Text

# HUBACHEK GOES OUT SIX JUDGES DECIDE AS A UNIT IN THE IRISH-AMERICAN CASE. # JUDGE MAHONEY AS RECEIVER. DECISION AN IMPORTANT ONE AND ONE WHICH ESTABLISHES A PRECEDENT. # THE GRAND JURY GRIND ENDED. Final Report Will Be Made Today- General News of the Mill City. The depositors have prevailed, and Frank R. Hubackek is removed as as- signee of the Irish-American bank, and Judge Stephen Mahoney appointed in his stead, under bonds of $600,000. The six judges came together as a unit in the findings and the memor- andum, but there was considerable dis- cussion as to the proper man to act as receiver in his stead. The decision is intended to establish a precedent, and for that reason care was taken in drawing it up, and it voices the best judgment of one of the most thoughtful judges at the bar. The justice of the appeal of the depositors is all the more apparent when it is considered that Judge Belden has favored Mr. Hub- achek personally from his good work in the past, but felt that the law in the case must be enforced to the letter. The decision was filed late last night, The defense will take an appeal to the supreme court. The decision recites the facts in the case and makes the order as above. The main points in the memorandum were as follows: Although the evidence in this proceeding was not as full and complete as might have been desired, yet we think it shows reason- able grounds for presuming liability of the present board of directors for losses suffered by the bank. We do not purpose, nor is it necessary, to enter into a detailed discussion of this question. The evidence conclusively establishes certain facts, which, unexplained, very plainly indicate culpable fault in the management of this bank. The disposition of trustees of monied corporations to extend mutual accommodations to each other, at the expense of the owners and creditors of such corporations, seems to have been present in the management of this bank. It is a practice entirely too prevalent, and as pernicious as it is prevalent. From what is made entirely clear by this evidence, we have no doubt but that the conduct of the affairs of the bank by the directors should be carefully looked into, for the purpose of determining their liability for unfaithfulness to their trust, and, if we are correct in our understanding of the law, the duty of making this scrutiny rests upon the assignee. It is contended by counsel for the assignee that such duty does not devolve upon him. That the right to recover damages for loss resulting from negligence or fraud is not assignable. But the right to recover for dam- age to property, whether such damage results from wrongful taking and conversion, or from fraud and negligence, is assignable. In any event, we believe that the doctrine is well established that a receiver or assignee of an insolvent corporation may maintain such an action. Thompson's Commentaries on the Law of Corporations, section 4,121, 4,122, 4,126 and cases cited. Assuming the liability of the directors, or reasonable probability that such liability could be made out, and that the right to enforce the same passes to the assignee, is the rela- tion of the assignee to all or any of the direc- tors such as to legally disqualify him from fairly representing the creditors? Such a lia- bility is an asset, and may be a very valuable one to the creditors. The relation of the as- signee to the creditors is that of a trustee to his cestui que trust, and such relation re- quires the observance of the most scrupulous fidelity in all things pertaining to the execu- tion of the trust. Any personal interest in the subject matter of the trust adverse to that of the cestui que trust is deemed a dis- qualification. Any relation so close to a per- son whose interests are averse to those of the beneficiaries of the trust as would, or might tempt the trustee to depart from the strictest observance of his duties, is deemed a dis- qualification. This rule does not bend to any personal considerations.


Article from St. Paul Daily Globe, February 29, 1896

Click image to open full size in new tab

Article Text

MINNEAPOLIS. MINNEAPOLIS GLOBULES. Plans are on foot and nearing completion for a convention of barrel head manufacturers to meet in this city March 12. Prof. R. G. Moulton's third Saturday night lecture will be given this evening at Plymouth church, the subject being "King Lear." J. C. Wunder, one of Minneapolis' prominent German residents, departed Thursday evening, in company with his wife, for San Diego, Cal. Suit has been brought by the People's Bank of Duluth against C. E. Lovett, A. S. Lovett and R. B. Brown to recover $2,100 alleged to be due on a promissory note. Judge Mahoney yesterday filed his $600,000 bond as receiver of the Irish-American bank signed by the Fidelity and Deposit company, of Maryland. The bond was approved by Judge Belden. Funny Fanny Rice, who has not visited Minneapolis for several years, is announced for an engagement of four nights and matinee at the Metropolitan in "Nancy at the French Ball." There will be added interest in the production of the new play at the Bijou theater next week. "The Last Stroke" is the title of the piece, and it is alive with incident, action and general interest. The three highest honors competed for by the members of the senior class at the Central high school have been announced as follows: Miss Jessie Robertson, 95.84; Warren Jerome, 95.43; Ellen Fullerton, 95.37. The master plumbers of Minneapolis yesterday passed resolutions of sorrow at the death of E. C. Cauvet, a prominent member of the association. A letter of condolence and sympathy was ordered sent to the bereaved family. Rev. Pleasant Hunter, who has been spending his vacation on the gulf coast near Mobile, returned yesterday morning much improved in health. Dr. Hunter will preach as usual next Sunday morning and evening at the Lyceum. Jefferson Brennan and wife walked in from Corcoran township Thursday night. The young couple, when they arrived at the central station, stated that they had been working for a man who had turned them out yesterday without giving them a cent. William Zadel, aged fifty-four years, of 1801 Washington avenue north, died Thursday morning. The funeral will take place tomorrow afternoon at 2 o'clock from the residence under the auspices of the Robert Blume lodge, interment being at Crystal Lake cemetery. The Peavey Elevator company is to build at once a large elevator in Northeast Minneapolis near the present elevator owned by the concern in that locality. J. W. Day & Co. have sold the Peavey company 3,000,000 feet of lumber to go into the new elevator.


Article from The Irish Standard, February 29, 1896

Click image to open full size in new tab

Article Text

# HUBACHEK REMOVED Jndge Mohoney Now Assignee Of the Irish-American Bank. The depositors have prevailed, and Frank R. Hubachek is removed as assignee of the Irish American bank and Judge Stephen Mahoney appointed in his stead, under bonds of $600,000. The six judges of the district court came together as a unit in the finding and the memorandum, but there was considerable discussion as to the proper man to act as receiver in his stead. There has been no less than 50 names proposed but after all was said, it was decided upon the suggestion of Judge Mahoney's name, that he was the man for the position. He had not been pushed for the place, and it was learned from an authoritative source in the afternoon that there was no antipathy to his appointment, even among a small faction of the creidtors. The decision is intended to establish a precedent, and for that reason care was taken in drawing it up, and it voices the best judgment of one of the most thoughtful judges at the bar. The justice of the apepal of the depositors is all the more apparent when it is considered that Judge Belden has favored Mr. Hubachek personally from his good work in the past, but felt that the law in the case must be enforced to the letter. The decision was filed Thursday evening.


Article from Willmar Tribune, March 10, 1896

Click image to open full size in new tab

Article Text

NEWS IN MINNESOTA A Rebekah lodge has been established at Amboy. Sisters of St. Benedict will build a new hospital at Duluth. Williard S. Dennis, a leading cigar dealer of St. Paul, has assigned. The senate bill giving Fergus Falls a federal building has been reported favorably. The ladies of St. Paul will begin a war against high hats at theatrical performances. A lamp explosion in the postoffice at Minneota considerably damaged the mail on hand. An interesting immigration convention was held at Fergus Falls. J. J. Hill and E. V. Smalley were among the speakers. George W. Somerville, a prominent attorney of Sleepy Eye, announces himself a candidate for congress from the Second district. State Auditor Dunn has gone to Hot Springs, Ark., in the hope that he will recover from the effects of a severe attack of the grip. A letter received from Young America, Ind., says that a large colony is being organized there to emigrate to the Red Lake Indian reservation. The grand encampment of Minnesota Odd Fellows was held at Minneapolis. W. W. Trafton of Faribault was elected grand patriarch of the grand lodge. William E. Lee, formerly warden of the St. Cloud reformatory, has announced his candidacy for the Republican nomination for governor of Minnesota. Congressman Towne has secured favorable report from the war department upon the proposed construction of a bridge across the Mississippi river at Aitkin. Dr. David Day is seriously ill at his residence in St. Paul. He has been long afflicted with chronic bronchitis, which of late has become complicated with an ailment of the heart. John A. Hartigan, grand regent of the grand council, Royal Arcanum of Minnesota, has issued a circular, calling the annual meeting of the grand council at the Bowiby block, St. Paul, March 24. United States Marshal O'Connor has appointed Robert G. Beaulieu of White Earth deputy marshal in the place of E. H. Funk, who has resigned. Deputy Beaulieu will have charge of some of the work in the Indian reservations. The directors of the State Agricultural school will hold a summer school for girls, with a term of six weeks, beginning April 28. Accommodations will be provided for between 200 and 300 girls. The six judges of the Hennepin district court have united in a decision removing F. R. Hubachek as assignee of the Irish American bank, and have appointed Judge Mahoney in his place. The opinion scores the management of the bank. The Minneapolis term of the United States courts has been postponed from March 3 to March 17, and the Fergus Falls term to April 6. Judge Thomas of Deadwood, S. D., will open the Minneapolis term of court in the absence of Judge Nelson. The Swedish Lutheran church of Worthington has expelled 10 members for belonging to the A. O. U. W., it being contrary to the tenets of the church for members to belong to secret societies. There is much bitter feeling over the matter. A peculiar pension bill was passed by the senate, pensioning Christopher Schmidt, a private citizen of St. Paul, at $40 per month because of blindness resulting from a shot striking him while he chanced to pass before the rifle range at Fort Snelling. The remaining indictment against M. Kauffman and Dave B. Yezner, the Ely merchants, who were indicted on a charge of securing from St. Paul merchants goods on credit on the strength of misrepresentations alleged to have been made regarding their financial condition, has been dismissed. Preparations are being made by the state game and fish commission for an active warfare against those who fish during March and April. All fishing during those months is prohibited in this state and the commissioners will enforce the law rigidly this year. Previously a great deal of leniency has been shown, but it will not be so this season. The law allows dealers five days in which to dispose of stock on hand


Article from St. Paul Daily Globe, March 11, 1896

Click image to open full size in new tab

Article Text

MONEY FLOWS IN. State Receives Some Cash From Minneapolis. The state examining board was at work yesterday on the periodical examination of the books and papers of the state treasurer. They found there several thousand dollars more than there were at the time the banks opened, as during the day the treasurer received the amount of the deposit which he had in the Irish-American bank, of Minneapolis, when that institution suspended. Treasurer Koerner was also notified that Judge Jamison signed the order yesterday for the payment of the City bank deposit.


Article from Wood County Reporter, March 12, 1896

Click image to open full size in new tab

Article Text

TELEGRAMS IN BRIEF. DOMESTIC. Archbishop Kendrick, St. Louis, is dead, aged 83. Charles L. Colby, the railroad man, died in New York. Lord Dunraven is expelled by the New York Yacht club. President Cleveland is to have a duck preserve of his own. The Seventh district immigration convention is a "hummer." The old receivers of the Northern Pacific filed their last report. Prohibition is killed for five years, at least, by the Iowa house. At Sleepy Eye, Minn J. N. Montgomery, aged 71, is dead. Republican National Committeeman Campbell, of Illinois, is dead. Horseless mail wagons will shortly be used in all the large cities. Considerable snow comes down in Montana and the Dakotas. Much damage has been inflicted along the Hudson by an ice gorge. Arthur Gough has been appointed postmaster at Chippewa Falls, Wis. Judge Ewing, of Chicago, rules that a city can fix fares on street railroads. Richard Little, who was injured in the mines at Houghton, Mich., has died. A fire at Stockton, III., destroyed many business houses and residences; loss $40,000. Frank Bates, of Stanford Station, Conn., shot and killed himself in Bridgeport. The official dock trial of the torpedo boat Ericsson was begun at New London, Conn. The postoffice at Footville, Wis., was broken open by unknown thieves, who secured $275 in stamps. The house committee on agriculture has begun hearings in opposition to the anti-option bill. A & rike is threatened on the street car lines of all the great eastern cities, Chicago and Milwaukee. There are only 200 cats at the New York show. Trick cats are a feature. The prizes amount to $1,500. At Cloquet, Minn., Benj. Dietz, manager of the slate quarry, was fatally injured by a dynamite explosion. Geese and ducks in large swarms have been seen flying north in the last few days all over the northwest. Aristide Griffel, of La Crosse, Wis., pleaded guilty to incendiarism and was given a sentence of six years. President N. C. Hill, of Jewell Lutheran college, Iowa, is dead. He was active in educational work for years. At Olivia, Minn., Strong & Miller's elevator and flat house were consumed by fire and 5,000 bushels of grain was lost. Mr. Hubachek is removed as receiver of the Irish-American bank, Minneapolis, and Judge Maheny succeeds him. Theodore Harper, aged fourteen, of Astoria, N. Y., accidentally discharged a rifle and killed his younger brother, Fletcher. A mass meeting of labor pèople and others in New York protest against the proposed appropriation for coast defenses. At Joliet, III., a jury has been secured in the Preston-Curtin murder trial and witnesses are being examined. President Cleveland presided at the mass meeting in New York in the interest of the Presbyterian home missions. Resolutions recognizing the Cubans as belligerents are reported in the house and received with much enthusiasm. Rev. J. H. Lippard, of Rockford, has accepted a call to the pastorate of the First Congregational church at Shopiere, Wis. Captain J. E. Braden, founder of the Northern Indiana regulators, has called the survivors to meet in Ligonfer, April 15. Andrew Wharton murdered his wife Louisa, in St. Louis, cutting her throat while she was asleep. Jealousy was the cause. Clara Barton writes that she is given a cordial welcome and that much is being done by officials to help her mission. Congressman Tawney fails in an attempt to have a $100 a month the year through appropriated for members' clerks. A joint resolution authorizing the erection of a statue of Francis E. Spinner at the treasury department has passed the house. Ellis Jacobs, aged eleven, fearing a promised whipping, ran away from his


Article from The Saint Paul Globe, February 19, 1898

Click image to open full size in new tab

Article Text

THE TWIN CTES. Appraisers at Work-John Lally, H. ing W. E. Noxon, assignee of E. T Blaisdell, P. D. McMillan, G. R. Chipson, to pay himself $75 assignee's his attorneys $50. afterward distrib man and J. H. Davis, the appraisers appointed by the Minneapolis board of balance to the creditors pro rata. to appraise the of Dead in His Bed-T. Radstad, property along Minnehaha for taking commissioners damages parkway park 2206 Washington avenue north, Mi the city, held a busy session yesterday, was found dead in bed at his home hearing the evidence of property owners inmorning. He retired Thursday n terested. Another meeting will be held Feb. 23. at 10 a. m. ing well. He was 65 years of age, one son living in Wisconsin. Owner of the Big Hog HonoredFor Fishing Through the John I. Bernard, of Pipestone county, who Trapp. A. Miller and John Wederski will be remembered by visitors to the Chiwith violating the game and fish la cago exposition in 1893 as the owner of deavoring to catch fish through t the immense hog which exceeded all rivals Vadnais lake, were before Judge T in size, was yesterday appointed by Gov. terday. Their cases were continue Clough as a member of the commission to 28. look after the interests of Minnesota at the Trans-Mississippi exposition, to be held Judge Shaw Honored- The this summer at Omaha, Neb. portrait of the late Judge Shaw will in the big coourt room at Minneap X-Ray Case Goes Over-The libel cases at 2 o'clock p. m. The occasion against the proprietor of the Minneapolis o wholly informal and the members X-Rays will not be tried this term. Freeman are requested to be present. P. Lane is too ill to take charge of them and it has been agreed that they will be set Pierpont Morgan's Collies over for trial at an early date next term. cials in charge of the forthcoming Mr. Lane is recovering slowly and will take state that the fine collection of Pier a trip South to recuperate before the next gan's collies will be on exhibitio term begins. show. The collection is regarded of the finest -that has been got toge Fine Police Station Floor-Secretary dogs fi!! car. Hart, of the state board of corrections and charities, has inspected the Fourth precinct Schools Will Close-In all of (North Minneapolis) police station, and finds schools special preparations are be it in good condition, especially the cement for the observance of Washington's floor. which has stood eight years' usage The schools will be closed on Tue without apparent impairment. Mr. Hart also on Monday exercises will be held visited the Washburn Memorial orphans' the buildings and in all grades. home while in Minneapolis. Hand Crushed in a Prex Two Small in a closet Meyer, a fourteen-year-old youth, upon the third floor of 51 Seventh street 410 Erie street, had his right han south, Minneapolis caught fire last evening in a press at Zander's printing estab and caused an alarm to be sent in. The and after being attended by Dr. R blaze was speedily extinguished with a taken home in a hack. chemical line. The loss will be about $100. The roof of a dwelling at 415 Madison street Name of a Railroad Chan northeast was also scorched by fire yesterNorthern Minnescta & Wisconsin day afternoon. The damage will be light. company yesterday filed with the of state an amendment. changing W. C. T. U. Meeting Tonight - The to the Minnesota & Northern regular Saturday evening meeting of the Railroad company. Central W. C. T. U. at the Volunteers' hall. New Church at Siayton-The on Jackson. between Seventh and Eighth Church of St. Anne, at Slayton, file streets, will be addressed tonight by Rev. L. A. Johnston, of the First Lutheran of incorporation with the secretary yesterday. The incorporators are Bi i church Mrs. J. B. Foltz. of Hamline, with a quartette, will furnish the music. ter, Vicar General Coyne, Fr. Michael Webber and Charles McShe Caught a Bicycle Thief-Oscar DunWill Be Ready Next Weekham was arrested in Minneapolis Thursday Hart, of the state board of correc night by Inspector Morrissey just as he was pawning a bicycle which was identified as charities, yesterday received a cop the wheel stolen from 1580 Park avenue. Dunprogramme of the New York meeth national conference of corrections ham was arraigned in the police court and a ities. It will be given out for publi his case will be taken before the grand jury. a day or two. Vietim of Diphtheria Hetta Mayer, Down With the Measles daugbter of Rev. George Mayer, aged nine years and ten months died Thursday at the three of the boys in the dormitor family residence. 290 Sixteenth avenue north. school of agriculture are down Minneapolis of diphtheria The funeral will measles. There is no serious illne occur today at 2 D. ni. from the residence. any of the patients, and the disease Interment will be at Lakewood cemetery. spread to the ladies' hall. Wood Harvester Plant-The Walter He Gets a Day of Grace-Th A. Wood Harvester company matter will have Valentine Holzapfle, charged with a hearing today at a special term of the liquor without a license. was con district court. The receivers will ask leave the St. Paul police court yesterda to be allowed to further operate the plant a morning. The defendant entered in the interest of the stockholders. The orignot guilty. inal debt of the concern was $1,250,000. but New Ladies' G. A. R. Circl by judicious management the amount has will be a meeting at Central hall, been reduced to something like $200,000. after Seventh streets, Monday afternoo the payment of a 25 per cent dividend. o'clock, for the purpose of institutir Charged With Lareeny-Hen Precircle of the Ladies of the G. A. fontaine was arrested yesterday by Detectives Triple Link Masquerade-T1 Werrick and Wells, charged with the larlodge. D. or R., will give a prize ma ceny of silk handkerchiefs and jewelry from ball at Twin City hall, corner Rice the store of D. Marks & Son. at 338 Sibley versity avenue, Monday evening, F street, St. Paul. The police say he was peddling the goods when taken in custody. He Ends the Ging Case-Judge N will be arraigned in the police court this the Hennepin district court, has deni morning. trial in the case of Julia A. Ging istratrix, against the Travelers' Wanted in Minneapolis-Ernest Colby, company. arrested Thursday, charged with the larceny of two pair of rubbers from the Treadwell Present Religious Crisis-D Shoe company's store. was not taken to court will preach at the People's church yesterday. The police say that Colby is morning on "The Present Religious wanted in Minneapolis for grand larceny, and in the evening on "The Prese and will be turned over to the authorities of Crisis. that city. Died at the Hospital-Joseph Buckeyes will Organize-There will laborer, without relatives in this CO be a meeting of former citizens of Ohio and living at 43 South Fillmore avenue who are now residents of Minneapolis, at the city hospital Thursday night fr the Commercial club rooms, Minneapolis, next monia. , Wednesday evening at 8 o'clock for the purpose of forming an Ohio association. NoMorton Guilty-Daniel Morton, tices for the meeting are being sent out by Minneapolis on a charge of grand 1 City Assessor B. C. Gibbons. the second degree was yesterday found guilty. Sentence was deferre Dole Is President-The Produce Refrigerating company, of Minneapolis, filed Fun at Lake Como-There wa articles of incorporation Thursday with querade at Como last evening. The George A. Dole as president and treasurer illuminated and the evening's ente and J. H. Gordon as secretary, and Madison heightened by a lavish display of rei Cooper Jr. as a third incorporator. The capiPension Examiner-D John tal stock is $25,000. ledge of Minneapolis, has been app Bank Cases Nolled-The case against the board of pension examining su John E. Gould, one of the officers of the Minneapolis. insolvent Irish-American bank, Minneapolis, charged with having received a deposit after Frances Willard-The pastor the bank was insolvent. was nolled Thursday. Woodland Park church will speak night on "Frances Willard." The cases against the other officers were nolled Wednesday. He Had the Grip-Judge J. J. Can Pay Himself-Judge Smith, of the ty is out again after a serious attac Hennepin court, has signed an order directthat kept him indoors for ten days. REVIUE maire


Article from The Irish Standard, January 28, 1899

Click image to open full size in new tab

Article Text

# IN AND AROUND THE CITY Sheriff Megaarden has returned from Kansas City empty-handed. He had gone there to bring back Allyn J. Coon, who is under indictment here for an alleged manipulation of a gilt-edged investment deal with Dr. Frankyln Wright and others. Coon showed to the satisfaction of the Kansas City judge that the arrest was practically for debt, and the extradition papers were refused. Rev. Henry A. McGill, O. P., preached an eloquent and impressive sermon at Holy Rosary church last Sunday morning on the forgiveness of injuries inflicted by our enemies. "Unless you forgive those who injure you," said Fr. McGill, "your Heavenly Father will not forgive you." He kept the congregation in rapt attention during the delivery of his discourse. J. C. Scallen has been appointed by Mayor Gray as inspector of pawnshops. The case of Wm. H. Baxter vs. the officials of the suspended Irish-American Bank resulted in a verdict for the plaintiff after a trial which lasted two weeks. A motion for a new trial has been made by the defendants. District Chief Edward I. Kingsley, of the fire department, has been called to Great Falls, Mont., by the serious illness of his sister. His place is being filled by Capt. Michael Hanley, Engine company No. 1. Capt. J. R. Johnson has partly finished his pleasure barge, which he will put on Lake Minnetonka this summer. The barge is 20x70 feet in size and will have an eight foot deck. The structure will be well fitted up. There will be electric light, a piano and necessary accommodations. The floor will be of seasoned hardwood, and as it will be laid especially for dancing, it will undoubtedly be well patronized during the season. W. M. Regan has received a letter from Col. J. H. Page, Third infantry, acknowledging the receipt of 19 boxes of reading matter for the troops. The books have been loaded on the cars and sent East. Col. Page wishes to express the thanks of the men to the people of Minneapolis, and assures them that their great kindness is fully appreciated. He also says that the magazines will be turned over to the 13th Minn: at Manila. D. F. Brown, a young man employed at the Pillsbury milling company's warehouse, Seventeenth avenue and Seventh street southeast, had an almost miraculous escape from death last Tuesday. Brown was working on an upper floor of the warehouse when he stepped into a hole and fell 30 feet to the floor below. His fellow workmen saw him fall and rushed down to where he lay expecting to find him dead, but the young man sat up, and an examination showed that he was suffering from nothing more serious than a badly bruised leg and a strained back. He was removed to his home, 1712 Linden avenue north, and is recovering rapidly. Thomas West, an ex-policeman, has been appointed jailor at the Fifth precinct station by Mayor Gray; and Officer Bean, who has been acting as jailor at that station, has been ordered back to his beat. West is an old soldier. He resigned from the force during the Eustis administration. O. F. Whitney had his right shoulder dislocated Tuesday night in an accident which occurred on the Washington avenue bridge. Mr. Whitney was driving across in company with a friend. In trying to avoid a collision with a street car, the rig was turned sharply to the side, and Mr. Whitney was thrown out. The injury was dressed at the City hospital, after which the injured man went to his home, 876 Bedford street southeast. William Mackey, who was arrested by Inspectors Morrissey and Stavlo on a charge of vagrancy, was tried before Judge Kerr Tuesday morning. He proved to the satisfaction of the court that he was about to obtain employment, so the case was continued for one month, at the expiration of which he is to report what success he has met. Mrs. Matilda Stenstrom, a widow, 60 years old, was found dead in her apartments at 1106 East Eighteenth street, last Monday night. She had not been seen during the day by neighbors and they asked the police to investigate. The room was broken into and the body was found near the bed, watched by a pet dog. Coroner Nelson decided that death had been due to a bursted blood vessel. Mrs. Stenstrom's husband died about two years ago. A small amount of money was found in the room and several certificates of deposits in banks. The young ladies of Fr. Cleary's church gave a card social and served lunch Wednesday evening in the church parlors, Fourth street and Thirteenth avenue south. It was largely attended. J. S. Coughlin, the popular conductor on the Milwaukee road, has been seriously indisposed for the past month and under the care of a physician. He is slowly convalescing and left last Thursday for the hot springs at Baden-Baden, Ind. It is to be sincerely hoped that


Article from The Irish Standard, March 18, 1899

Click image to open full size in new tab

Article Text

# IN AND AROUND THE CITY. Patrick Nally, for many years a resident of Minneapolis, died in Chicago, Sunday night, at the residence of his son. E. J. Nally, assistant general superintendent of the Postal Telegraph Cable Company. The remains were brought here Monday morning and funeral services were held at St. Stephen's church in the afternoon. The deceased was eighty-three years old and was born in Ireland. The A. O. H. Cadet band, forty strong, enlivened the entertainment at the Lyceum on St. Patrick's night with their enchanting Irish airs. The boys are improving rapidly on their instruments, and their playing was enthusiastically applauded. J. R. Corrigan, a former Minneapolis attorney and judge of probate, who, for the last four years has been an assistant corporation counsel of Chicago, has returned and will again resume the practice of his profession here. Attorney W. H. Donahue, receiver in the stockholders' suit in the Irish-American bank insolvency, has filed an application for the appointment of a reciver for Michael W. Nash, one of the stockholders. The application is based upon an affidavit to the effect that judgment in the stockholders' suit for $13,285.07 was secured against Mr. Nash and is unpaid, though before a referee it was disclosed that he was owner of certain property. The matter will be heard today. Kennet C. Beaton, a former member of the Tribune staff, and war correspondent during the Pillager troubles, has returned from Nelson, B. C., where he edited a paper, and is again connected with the Tribune in his former capacity. Col. John T. West, proprietor of the hotel bearing his name, dropped dead behind his desk on Monday night after replying to a question from a reporter. He had a cigar in his mouth and a paper in his hand when he fell to the floor. He never uttered a word. He was 52 years old and had resided in this city since 1875. He was a widower and leaves two daughters and one sister, besides a host of friends, to mourn his untimely and sudden death. The funeral occurred yesterday afternoon from the Church of the Redeemer, Rev. Marion D. Shutter officiating. The pall bearers weree selected from among his most intimate companions. A large concourse gathered at the church and followed the remains to Lakewood, where they were placed in a vault. William Kennedy, the attorney, succeeded in obtaining from President McKinley the pardon of Leroy Berrier, who was sentenced to the state prison for a term of two years for sending objectionable literature through the mail. James R. Corrigan announces that he will deliver a lecture at the Lyceum theater on the evening of March 27 on "Chicago Politics and Politicians." Division No. 8, A. O. H., of this city, will commemorate the birth of Thomas Moore with a fine musical and literary entertainment on the evening of May 28th. P. A. Demens, of Los Angeles, Cal., owner of the Brunswick hotel property, was in the city during the week. Speaking of expansion he said, as a Republican: If a vote should be taken today on the question in the commonwealths bordering the Pacific, the anti-expansionists would win by a large majority. He believes that, as the course of events are now showing, it will be found an impossiblity to Americanize the Filipinos. He is convinced that if the Philippines are annexed they will forever prove "a thorn in the national body," and that a decided impetus will be given to the present corruption in American politics. The funeral of ex-Mayor E. C. Babb was held last Sunday afternoon from his late residence, 2804 Garfield avenue. A large number of friends of the family were present. The Grand Army and Zion commandery were well represented. Rev. Marion D. Shutter, of the Church of the Redeemer, of which Capt. Babb was one of the oldest members, officiated. The members of Rawlins post, G. A. R., of which Capt. Babb was a comrade, marched in a body to the residence, and afterwards accompanied the hearse to Lakewood cemetery. The pallbearers were: R. G. Evans, Maj. W. D. Hale, W. P. Roberts, Maj. H. A. Norton, Thomas Downs, Judge Eli Torrance, Judge H. G. hicks and Emerson Cole. Murat Halstead lectures here tonight in place of George Kennan, who has been unable to appear and fill his engagement. The recital given by Plunket Greene, the famous Irish baritone, at the Lyceum on Tuesday evening was attended by the leading citizens of Minneapolis. The program was a lengthy one and admirably rendered in classical style. The great singer was accompanied by Melville Ellis, who gave three piano solos. C. A. Pillsbury, in a letter dated Milan, March 2, and received by James Everington, says that he believes that unless wheat prices advance 10 or 15 cents the farmers will hold back their wheat for a rise. P. E. Murphy, of St. Paul, the popular traveling salesman, was a visitor at the