8705. Allemannia Bank (St Paul, MN)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 1, 1896*
Location
St Paul, Minnesota (44.944, -93.093)

Metadata

Model
gpt-5-mini
Short Digest
41ce3cae7a5a4de9

Response Measures

None

Description

Articles document the Allemannia Bank of St. Paul being placed in receivership (court-appointed receiver William F. Hunt, June 1900) and multiple prior suspensions/closures and at least one reopening earlier. No article describes a depositor run; the bank was closed under court/examiner actions and left in receivership, i.e., suspended and ultimately closed. Dates: receiver appointment 1900-06-09. There is mention of an earlier failure and subsequent reopening around 1896 (from article context), and a second and last suspension referenced later. I corrected obvious OCR capitalization/spacing but did not invent events beyond those supported by the texts.

Events (3)
1. January 1, 1896* Other
Newspaper Excerpt
Soon afterwards the Allemannia bank failed. Later it reopened its doors and payments were begun upon the note. ... the note was completely satisfied and was returned shortly after the bank had suspended for the second and last time. (context describing an earlier failure and reopening around 1896).
Source
newspapers
2. June 9, 1900 Receivership
Newspaper Excerpt
COURT NAMES RECEIVER WILLIAM F. HUNT IS PLACED IN CHARGE OF THE ALLEMANNIA BANK SALARY IS FIXED AT $1,500 Receiver Is Directed to Enforce Statutory Liability of Stockholders and Convert Assets Into Money.
Source
newspapers
3. June 9, 1900 Suspension
Cause
Government Action
Cause Details
Court-appointed receiver following application of the state attorney general; bank taken into receivership by court after examiner orders.
Newspaper Excerpt
William F. Hunt was yesterday appointed receiver of the Allemannia bank by Judge Lewis of the district court.
Source
newspapers

Newspaper Articles (12)
1. June 9, 1900 The Saint Paul Globe Saint Paul, MN
Article from The Saint Paul Globe, June 9, 1900

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Article Text

COURT NAMES RECEIVER WILLIAM F. HUNT IS PLACED IN CHARGE OF THE ALLEMANNIA BANK SALARY IS FIXED AT $1,500 Receiver Is Directed to Enforce Statutory Liability of Stockholders and Convert Assets Into Money. William F. Hunt was yesterday appointed receiver of the Allemannia bank by Judge Lewis of the district court. The appointment was made upon the application of W. B. Douglas, attorney general of this state. The court orders that said receiver shall file a bond for $15,000, to be signed by one or more good sureties, and that he shall take charge of the property of said institution and collect, sue for and recover the debts and demands now due, and if necessary, enforce the statutory individual liability of the stockholders of said bank. He shall also, as speedily as possible, convert the bank's property and effects into money and in due time, as the court may direct, apply the same to the debts of said bank. The court fixed the salary of the receiver at $1,500 a year, to be paid in monthly installments of $125.

2. July 10, 1900 The Saint Paul Globe Saint Paul, MN
Article from The Saint Paul Globe, July 10, 1900

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Article Text

# ALLEMANNIA BANK REPORT. Receiver Hunt Asks Court to Limit Time for Filing Claims. W. F. Hunt, as receiver of the Alle- mannia bank, yesterday filed a statement of resources and a request that the court grant an order limiting the time for creditors to file claims against the institution. The balance sheet shows: Liabilities.

3. April 3, 1901 The Saint Paul Globe Saint Paul, MN
Article from The Saint Paul Globe, April 3, 1901

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# BLOW TO STOCKHOLDERS OWNERS OF ALLEMANNIA BANK STOCK TO BE ASSESSED 100 PER CENT LITIGATION WILL FOLLOW Mulcted Ones Will Set Up Defense That They Were Assessed on the Reorganization Scheme. Stockholders in the Allemannia bank, twice closed under orders from the state bank examiner, will have to suffer an assessment against their holdings. The order to this effect was yesterday issued to Receiver Hunt by Judge Otis, and will be carried into effect by that official, unless the courts are appealed to. The matter came up yesterday before Judge Otis on petition by the receiver for an assessment, and the argument indulged in by the attorneys representing the several interests were mainly on how large the assessment should be. The present assets of the bank are placed at $17,500, while the liabilities amount to $77,000, of which $5,000 in claims have been disallowed. This practically makes an indebtedness of $54,000, which, with the expenses of the receivership, would bring the liability of the defunct corporation up to a figure that not less than an assessment of 100 per cent would wipe out. Judge Otis accordingly instructed that the assessment be made. Attorney Trask, acting for the receiver, informed the court that he had inquired into the responsibility of the 250 or more stockholders of the bank and had found a rather mixed state of affairs. The holders of $6,400 of the stock were entirely solvent and had no defense against the liability; the holders of $12,500 were probably solvent, with the only defense that they had paid one assessment; the holders of $22,500 were solvent with no defense, except an assignment of their stock, and the remainder, representing about $26,500 of the stock, not solvent. There were others,

4. October 31, 1901 The Saint Paul Globe Saint Paul, MN
Article from The Saint Paul Globe, October 31, 1901

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TECHNICAL POINT RAISED. Receivership of Allemannia Bank May Be Invalidated. A question was raised in Judge Jaggard's court yesterday that bids fair to cause trouble for W. F. Hunt as receiver of the Allemannia bank. It appears that when Judge Lewis appointed Mr. Hunt as receiver of the bank he simply appointed him as receiver of "the Allemannia bank, a corporation." The appointment should have read as receiver of "the Allemannia Bank of St. Paul." While this is a small technical point It may involve the validity of all acts since the appointment. The court may SO amend the appointment as to make the proceedings valid, entering a decree to that effect.

5. November 24, 1901 The Saint Paul Globe Saint Paul, MN
Article from The Saint Paul Globe, November 24, 1901

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Hunt Files More Suits. William F. Hunt, as receiver of the Allemannia Bank of St. Paul, yesterday filed eleven suits to recover on stockholders' liability. The defendants in the cases filed yesterday and the amount of liabilities claimed are: H. W. Eddy, $500; Regina Faulle, $2,500; Charles G. Rosan, $500; Lauer Bros., $500; L. Frankelstein, $200; Schroeder Bros., $200; Jacob Lauer, $100; Mary E. Finch, $500; L. O. Wersel, $100; W. H. Matthews, $300, and Robert Mannheimer et al., $2,500. It is noticeable that in each case the plaintiff is named as the receiver of the Allemannia Bank of St. Paul, while formerly the suits were brought in the name of the Allemannia bank. The attorney or one of the stockholders, who was fighting the liability, discovered the difference in the name in the complaint and the real name of the institution, and succeeded in having the case thrown out of court on those grounds. Since that time all the complaints have been made out as above.

6. November 28, 1901 The Saint Paul Globe Saint Paul, MN
Article from The Saint Paul Globe, November 28, 1901

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den in 1879, and in April of 1892 the de- fendant left home and the plaintiff al- leges that she does not know of his whereabouts. Judge Lewis yesterday requested the attorneys in the two cases brought by John A. Baker against Charles L. Covel to quiet title in certain proprety in Ram- sey county to submit briefs in the case. Both plaintiff and defendant offered evi- dence of a documentary nature, and the plaintiff filed stipulations of the counsel as testimony. William F. Hunt, as receiver of the Al- lemannia Bank of St. Paul, is suing to recover on stockholders' liability from Charles and Hugh Burns et al., in the case of the defunct bank. The defend- ants were not originally stockholders in the bank, but received the stock at the death of their uncle, one Fitzpatrick.

7. December 10, 1901 The Saint Paul Globe Saint Paul, MN
Article from The Saint Paul Globe, December 10, 1901

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Allowed to File Claims. In the district court Judge Lewis filed an order yesterday in the case of the state of Minnesota ex rel. attorney general against the Allemannia Bank of St. Paul whereby Francis E. Baker, Paul S. Hendrickson, John Fisher and Peter Schletty are permitted to file their claims as creditors of the insolvent bank with W. F. Hunt, receiver.

8. September 7, 1902 The Saint Paul Globe Saint Paul, MN
Article from The Saint Paul Globe, September 7, 1902

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DISTRICT COURT JUDGES HOLD SPECIAL SESSION Many Cases Are Considered by Judges Lewis, Brill, Kelly and Otis. Special sessions of court were held by Judges Lewis, Brill, Kelly and Otis yesterday. Following are the calendars: Judge Lewis: Ernest H. Blanchard vs. Harriet E. Blanchard. Order to show cause why plaintiff should not be punished for contempt of court. Continued one week. Judge Otis: Florence M. Flanagan vs. William Flanagan. Plaintiff applied for attorney's fees and alimony. Heard and granted. In the matter of the assignment of William Dawson, insolvent; application of Charles Power as assignee of St. Paul Plow company forset off. Heard and submitted. In re application of Frederick Aichete to register title of land. Testimony taken and cause submitted. Judge Kelly: Following applicants admitted to citizenship. Olaf Klund, John Nuggaard, W. J. Foman, Martin Gramm, Thomas M. Meade, H. Jorgenson. John Hines vs. George D. Dukes and George M. Dukes; motion to vacate order making George W. Dukes a party. Submitted. Thomas Spence VS. The Second National Bank of St. Paul; application of Thomas Spence to have title to certain land registered. Heard and taken under advisement. Judge Brill: In re assignment of William Dawson; application for an order confirming the assignee's sale of real estate property. Order signed. In re receivership of the Allemannia bank. Order to show cause why the sale of certain real estate should not be confirmed. Submitted. George W. Gray vs. William Bergen. Application for an order vacating judgment granted. L. Lamb Lumber Company vs. Christine G. Johnson et al. Application to amend summons, complaint and judgment. Granted. M. G. Reittler vs. Minneapolis Cold Storage Company. Motion for new trial. Granted. In re receivership of Savings bank. Application of Henry Malloy to file claim. Granted.

9. October 26, 1902 The Saint Paul Globe Saint Paul, MN
Article from The Saint Paul Globe, October 26, 1902

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the case. The club will meanwhile remain in possession of the room by virtue of the court's temporary restraining order. ### Appeals From the Award An appeal has been taken to the district court from the order of the board of public works confirming the award to St. George Fitzhugh on his property that was taken for the Lexington avenue parkway. Mr. Fitzhugh owns eleven lots which he values at $1,100, and his appeal is based on the ground that the actual damage is about $75 per lot, while the appraisers awarded him nothing over the suppositious benefits to his real estate. ### Mr. Noyes' Brief Will The will of Harvey E. Noyes was yesterday admitted to probate by Judge Bazille. It consists of only a few lines, leaving all the testator's property, valued at $500, to his brother, Winfield Scott Noyes. ### Mr. Hamm's Bank Stock Judge Jaggard yesterday heard and took under advisement the application of William Hunt, as receiver of the Allemannia bank, for leave to amend the complaint in his suit against William Hamm to recover on the defendant's liability as a stockholder of the insolvent corporation. The action was brought on 263 shares of stock that were found set down to Mr. Hamm on the books of the bank. But recently the receiver discovered that he was the owner of twenty-five more shares, and asked to amend so as to include these in the action.

10. December 11, 1903 The Minneapolis Journal Minneapolis, MN
Article from The Minneapolis Journal, December 11, 1903

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which occurred thru his acts in locating the two servants and his failure to give proper warning he was vice-principal and the master was liable for his negligence in that respect. -Lovely, J. Judgment affirmed. Assessment Affirmed. In an Allemannia bank case the court affirms an assessment of $2,627 against a stockholder, and sets aside some deeds of real estate conveyed by the defendant. The syllabus: William F. Hunt, as receiver of the Allemannia Bank of St. Paul, respondent, vs. James M. Dean et al., appellants. First-An action to set aside certain deeds of real property, situated in more than one county, as a fraud upon creditors, may be brought in either county under the provisions of general statutes of 1894, section 5163. Second-The person thru whom the alleged fraudulent transaction was perpetrated and who merely conveyed the land by a quitelaim deed is not a necessary party defendant in such an action. Third-Such a cause of action may be united with one to have a certain transaction. whereby a debtor extends, enlarges and adds to his statutory homestead. declared fraudulent and void as to a judgment creditor and to subject the added land to the lien of the judgment. Order affirmed. -Collins, J.

11. June 2, 1904 The Saint Paul Globe Saint Paul, MN
Article from The Saint Paul Globe, June 2, 1904

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Argued in Supreme Court. In the state supreme court yesterday the following cases were argued and submitted: William F. Hunt, as receiver of the Allemannia bank, St. Paul, against M. Doran, respondent; The City of Winona, respondent, vs. M. S. Jenkins et al, defendants, and The Fidelity Deposit Company of Maryland, appellant; The City of Winona, appellant, vs. M. S. Jenkins et al., defendants, and The Fidelity Deposit Company of Maryland, respondent.

12. March 29, 1905 The Saint Paul Globe Saint Paul, MN
Article from The Saint Paul Globe, March 29, 1905

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ENOS NOTE TANGLE Savings Bank Wins Suit to Recover Paper A decision settling, in so far as the Ramsey county district court is concerned, a litigation in which four banks and half a dozen individuals are involved, was announced yesterday by Judge Lewis. The matter was that of the petition of Charles E. Otis, receiver of the Savings bank of St. Paul and the Mechanics National bank of New York, to discover the legal claims of Fred M. Loomis to collect upon a note for $10,000 given by the Savings bank of St. Paul to the Allemannia bank for sixty days in 1896. Judge Lewis decides that the note had been fully paid by the Savings bank and orders Fred M. Loomis, holder of the note, to turn over collateral which he holds to Messrs. Nixon and Sheehan, receivers of the Minnesota Savings bank, and to Judge Otis, receiver of the Savings bank of St. Paul. In the summer of 1896 the $10,000 note, secured by `realty mortgages and bonds was given by the Savings Bank of St. Paul to the Allemannia bank, for sixty days. Shortly afterwards the Allemannia bank, the Savings bank having suspended in the meantime, and itself being hard pressed for funds, discounted the note to the Mechanics National bank of New York. Soon afterwards the Allemannia bank failed. Later it reopened its doors and payments were begun upon the note. These payments were credited to the account of the Mechanics National on the local bank's books and finally the note was completely satisfied and was returned shortly after the bank had suspended for the second and last time. W. F. Hunt, the receiver, came into possession of the note which had been returned, made on the Savings bank and found only a couple of small payment indorsements upon its back, so he concluded that it was still negotiable property and Fred M. Loomis bought it, together with certain of the securities which had been given when the note was first made. Investigations showed that the note was fully satisfied and the suit resulted to ascertain the claims of Mr. Loomis for collection.