8694. Bank of St Charles (St Charles, MN)

Bank Information

Episode Type: Suspension → Reopening
Bank Type: state
Start Date: August 4, 1893
Location: St Charles, Minnesota (43.969, -92.064)

Metadata

Model: gpt-5-mini
Short Digest: ea0947ce4679ee3d

Response Measures

None

Description

Articles report the Bank of St. Charles (St. Charles, MN) suspended payments on Aug 4, 1893, underwent an examiner's audit and was declared solvent, and agreed with depositors to resume business Aug 21, 1893. No explicit run is described and no specific cause for the suspension is given in these clippings.

Events (3)

1. August 4, 1893 Suspension

Cause Details: Articles state the bank 'suspended Aug. 4' but do not give a specific cause for the suspension.
Newspaper Excerpt: the Bank of St. Charles, which suspended Aug. 4
Source: newspapers

2. August 21, 1893 Reopening

Newspaper Excerpt: The bank will resume business on Monday, Aug. 21.
Source: newspapers

3. * Other

Newspaper Excerpt: has undergone an examination by the state bank examiner and has been pronounced perfectly solvent. At a meeting of a committee of depositors the latter agreed to not further withdraw deposits until Dec. 1 next.
Source: newspapers

Newspaper Articles (5)

1. August 10, 1893 Echo De L'ouest Minneapolis, MN

Article from Echo De L'ouest, August 10, 1893

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Article Text

Bank et la West Side Bank de St. Paul, Minn., ont fait faillite. La Balk of St Charles, Minn., au capital de 150,000 dollars A suspendu ses paiements. Fermées sont les portes de la Exchange Bank of Colby, Wis. MM. A. Thayer et Co banquiers de Sparta, Wis., ont fait faillite. OLa Peoples Bark of Waseca, Minn. L'Etat du Wisconsin a subi une perte de $150,000 par les recentes faillites de banques. La compagnie d'assurance mu tuelle centre le feu, de Bangor, Maine, a déposé son bilan vendredi dernier. Le montant des risques de la compaguie est actuellement de $2,500,000.

2. August 16, 1893 The Madison Daily Leader Madison, SD

Article from The Madison Daily Leader, August 16, 1893

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Article Text

St. Charles Bank to Resume. WINONA, Minn., Aug. 16.-A private dispatch from St. Charles states that the Bank of St. Charles, which suspended Aug. 4, has undergone an examination by the state bank examiner and has been pronounced perfectly solvent. Ata meeting of a committee of depositors the latter agreed to not further withdraw deposits until Dec. 1 next. The bank will resume business on Monday, Aug. 21. NON

3. August 17, 1893 The Sauk Centre Herald Sauk Centre, MN

Article from The Sauk Centre Herald, August 17, 1893

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Article Text

St. Charles Bank to Resume. WINONA, Minn., Aug. 16.-A private dispatch from St. Charles states that the Bank of St. Charles, which suspended Aug. 4, has undergone an examination by the state bank examiner and has been pronounced perfectly solvent. At a meeting of a committee of depositors the latter agreed to not further withdraw deposits until Dec. 1 next. The bank will resume business on Monday, Aug. 21.

4. August 18, 1893 The Mitchell Capital Mitchell, SD

Article from The Mitchell Capital, August 18, 1893

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Article Text

St. Charles Bank to Resume. WINONA, Minn., Aug. 16.-A private dispatch from St. Charles states that the Bank of St. Charles, which suspended Aug. 4, has undergone an examination by the state bank examiner and has been pronounced perfectly solvent. At a meeting of a committee of depositors the latter agreed to not further withdraw deposits until Dec. 1 next. The bank will resume business on Monday, Aug. 21.

5. August 19, 1893 Red Lodge Picket Red Lodge, MT

Article from Red Lodge Picket, August 19, 1893

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Article Text

St. Charles Bank to Resume. WINONA. Minn., Aug. 16.-A private dispatch from St. Charles states that the Bank of St. Charles, which suspended Aug. 4, has undergone an examination by the state bank examiner and has been pronounced perfectly solvent. Ata meeting of a commitee of depositCIS the latter agreed to not further withdraw deposits until Dec. 1 next. The bank will resume business on Monday, Aug. 21.