Joliet City Bank (Joliet, IL)

Episode Information

Episode UID
8976767291177
Episode Type
Suspension โ†’ Closure
Bank Type
trust
Bank ID
897676729 hash
Start Date
January 15, 1898
Location
Joliet, Illinois (41.525, -88.082)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
9ddbf069158c2cb8

Response Measures

None

Events (2)

1. January 15, 1898 Other
Newspaper Excerpt
Harry F. Cagwin, proprietor of the Joliet (Ill.) city bank, a private institution, assigned with liabilities of $48,000.
Source
newspapers
2. January 15, 1898 Suspension
Cause Details
Bank was assigned (assignment for benefit of creditors) with liabilities of $48,000, indicating failure/insolvency.
Newspaper Excerpt
Harry F. Cagwin, proprietor of the Joliet (Ill.) city bank, a private institution, assigned with liabilities of $48,000.
Source
newspapers

Newspaper Articles (3)

Article from The Diamond Drill, January 15, 1898

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Article Text

were charged with having outraged and murdered Mrs. Jane Simmons, wife of a farmer in Oklahoma, near Wewoka. For the 11 months ended November 30, 1896, the exports from the United States amounted to $956,675,874, a gain of nearly $86,000,000 over the same time In 1896. The boiler of the towboat Percy Kelsey exploded near Glenfield, Pa., and five of the crew were killed and four others were injured. Secretary Sherman has issued an appeal for aid for the destitute in Cuba. Gov. Bushnell was inaugurated as chief executive of Ohio. Fire nearly wiped out the business portion of the village of Ruthton, Minn. The visible supply of grain in the United States on the 10th was: Wheat, 38,863,00 bushels; corn, 39,518,000 bushels; oats, 14,772,000 bushels; rye, 4,100,000 bushels; barley, 4,070,000 bushels. Hadley A. Sutherland, a negro murderer, was electrocuted at Sing Sing, N. Y. William Putnam and Parrish Johnson were frozen to death near Coulee City, Wash. After lying in a trance for three years and two months William Gipp, who killed his mother in Buffalo, N. Y., came to his senses. Harry F. Cagwin, proprietor of the Joliet (Ill.) city bank, a private institution, assigned with liabilities of $48,000. Mrs. Augusta Nack, jointly charged with Martin Thorn of the murder of William Guldensuppe in New York, has been sentenced to 15 years in prison. Francis D. Newton, a prosperous farmer of Brookfield, Mass, and his wife and ten-year-old adopted daughter were found murdered in their beds. A hired man was suspected of the crime. Rev. Thomas E. Moore fell dead from an apoplectic stroke in the midst of his sermon at the Baptist church in Harper, Kan. He was one of the five young men who, in 1865, originated the Salvation Army movement in London. The Twenty-seventh general assembly of Iowa convened in Des Moines. David Hall, of Hubbard, O., a pioneer iron manufacturer of the Mahoning valley, dropped dead. The big Port of Chalmette below New Orleans, with its hundreds of thousands of dollars invested in cotton compresses, wharves, etc., went into the hands of a receiver with liabilities of $2,000,000. The one hundredth anniversary of the occupation of the old statehouse in Boston was duly observed. The eighth annual banquet of the Hamilton club was held at the Auditorium in Chicago, Loren A. Thurston, ex-minister from Hawaii to the United States, being the principal speaker. Thomas A. Edison denies the story that he has discovered a new metal. Commissioner Martin A. Knapp has been elected chairman of the interstate commerce commission to succeed W. R. Morrison. Fourteen business houses in Shawnee, O. T., were destroyed by fire. Patrick A. Largey, president of the State savings bank and a wealthy mine owner, was shot and killed at Butte, Mont., by Thomas Riley. Dispatches say that Seminole Indians burned the town of Maud, O. T., and massacred 25 men, women and children, and their march through the country was marked at every point by bloodshed and fire. James England and his wife were suffocated by coal gas in their home at Burlington, Ia. A ledge of quartz has been struck in the Klondike that assays from $100,000 to $250,000 per ton. In a riot at the opening trial of William Hudley at Mount Vernon, Ky., for killing John Lawrence, two men were shot. It is definitely announced that the Rothschilds will build a railroad into the Yukon country in Alaska over the Dalton trail. Justice A. W. Newman, of the supreme court, fell on an icy sidewalk in Madison, Wis., and fractured his skull. His recovery was doubtful. The St. Louis & New Orleans Anchor line of steamers made an assignment in St. Louis. In the Ohio legislature Mr. Hanna got 56 votes in the house and 17 in the senate, enough to elect him United States senator on a joint ballot if no changes occur.


Article from The L'anse Sentinel, January 15, 1898

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Article Text

LATER. The Hawaiian treaty was considered in executive session in the United States senate on the 10th. In the house a memarial was presented asking the enactment of a law to provide the death penalty for the crimes of train wreeking and robbing. The civil service law was further discussed, nine of the eleven speakers opposing the law as it now stands. Gov. Bushnell was inaugurated as chief executive of Ohio. Francis D. Newton, a prosperous farmer of Brookfield, Mass, and his wife and ten-year-old adopted daughter were found murdered in their beds. A hired man was suspected of the crime. William Putnam and Parrish Johnson were frozen to death near Coulee City, Wash. Mrs. Augusta Nack. jointly charged with Martin Thorn of the murder of William Guldensuppe in New York, has been sentenced to 15 years in prison. Harry F. Cagwin. proprietor of the Joliet (III.) city back, a private institution. assigned with liabilities of $48,000. Seth D. Tripp. whose inventions rev solutionized shoe manufacturing. died in Lynn, Mass. aged 72 years. After lying in a trance for three years and two months William Gipp, who killed his mother in Buffalo, N. Y., came to his senses. Hadley A. Sutherland, a negro murderer, was electrocuted at Sing Sing. N. Y. Thomas A. Edison. the electrical wizard. says he has found a new metal which. admixed with the iron, renders cast iron as tough and strong as wrought iron. David Hall, of Hubbard, O., a pioneer iron manufacturer of the Mahoning valley, dropped dead. The Twenty-seventh general assembly of Iowa convened in Des Moines. Col. Joseph H. Carr. a clerk in the pension office and a war veteran with a brilliant record. died in Washington, aged 55 years. The big Port of Chalmette below New Orleans, with its hundreds of thousands of dollars invested in cotton compresses. wharves, etc., went into the hands of a receiver with liabilities of $2,000,000. It is announced that Consul General Lee predicts the utter collapse of home rule in Cuba. Rev. Thomas E. Moore fell dead from an apoplectic stroke in the midst of his sermon at the Baptist church in Harper, Kan. He was one of the five young men who, in 1865, originated the Salvation Army movement in London.


Article from Audubon Republican, January 20, 1898

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Article Text

DOMESTIC Gov. Bushnell was inaugurated as chief executive of Ohio. Fire nearly wiped out the business portion of the village of Ruthton, Minn. The visible supply of grain in the United States on the 10th was: Wheat, 38,863,00 bushels; corn, 39,518,000 bushels; oats, 14,772,000 bushels; rye, 4,100,000 bushels; barley, 4,070,000 bushe!s. Hadley A. Sutherland, a negro murderer, was electrocuted at Sing Sing. N.Y. William Putnam and Parrish Johnson were frozen to death near Coulee City. Wash. After lying in a trance for three years and two months William Gipp, who killed his mother in Buffalo, N. Y., came to his senses. Harry F. Cagwin, proprietor of the Joliet (III.) city bank, a private institution, assigned with liabilities of $48,000. Mrs. Augusta Nack, jointly charged with Martin Thorn of the murder of William Guldensuppe in New York, has been sentenced to 15 years in prison. Francis D. Newton, a prosperous farmer of Brookfield. Mass, and his wife and ten-year-old adopted daughter were found murdered in their beds. A hired man was suspected of the crime. Rev. Thomas E. Moore fell dead from an apoplectic stroke in the midst of his sermon at the Baptist church in Harper, Kan. He was one of the five young men who, in 1865, originated the Salvation Army movement in London. The Twenty-seventh general assembly of Iowa convened in Des Moines. David Hall, of Hubbard, O., a pioneer iron manufacturer of the Mahoning valley. dropped dead. The big Port of Chalmette below New Orleans, with its hundreds of thousands of dollars invested in cotton compresses. wharves, etc., went into the hands of a receiver with liabilities of $2,000,000. The one hundredth anniversary of the occupation of the old statehouse in Boston was duly observed. The eighth annual banquet of the Hamilton club was held at the Auditorium in Chicago, Loren A. Thurston, ex-minister from Hawaii to the United States, being the principal speaker. Thomas A. Edison denies the story that he has discovered a new metal. James England and his wife were suffocated by coal gas in their home at Burlington, Ia. Dr. Shep Rogers, a prominent physicianin Memphis, Tenn., was fatally shot by Mrs. Sandbrink, who sent a bullet through her brain, dying instantly. Nicola Tesla, the New York electrician, claims to have perfected vacuum tubes that can produce light as bright as the sun. Postmaster-General Gary is taking great interest in the matter of the extension of free mail delivery in the rural districts.