North End Bank (Seattle, WA)

Episode Information

Episode Type
Suspension โ†’ Closure
Start Date
December 2, 1899
Location
Seattle, Washington (47.606, -122.332)
Bank Type
state

Metadata

Events (2)

1. December 2, 1899 Receivership
Newspaper Excerpt
Perkins filed a petition asking that the superior court declare the bank insolvent and appoint a receiver. H. R. Clise was named by the court.
Source
newspapers
2. February 21, 1900 Other
Newspaper Excerpt
H. P. Clise, receiver of the North End bank, commenced suit ... against the stockholders to recover money due on an assessment of $94 a share. The receiver says the assets are of no value, and that the indebtedness is between $45,000 and $50,000.
Source
newspapers

Newspaper Articles (2)

Article from The Seattle Post-Intelligencer, December 2, 1899

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Article Text

Receiver for the North End Bank. Through the application of C. G. Perkins for a receiver of the North End bank past days in North Seattle were recalled. Perkins obtained judgment against the bank for $29,000. On appeal the supreme court sustained the judgment. Yesterday afternoon Perkins filed a petition asking that the superior court declare the bank insolvent and appoint a receiver. H. R. Clise was named by the court.


Article from The Seattle Post-Intelligencer, February 21, 1900

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Article Text

Stockholders Are Sued

H. P.. Clise, receiver of the North End bank, commenced suit in the superior court yesterday afternoon against the stockholders to recover money due on an assessment of $94 a share. Those against whom claims are made are as follows: D. T. Denny. $940; A. H. King. $940; D. B. Ward, $8,460; W. R. Ballard, $8,460; J. W. Bixby, $17,000. The receiver says the assets are of no value, and that the indebtedness is between $45,000 and $50,000.