Bank of Canton (Canton, MN)

Episode Information

Episode Type
Suspension β†’ Closure
Start Date
January 7, 1897
Location
Canton, Minnesota (43.530, -91.930)
Bank Type
state

Metadata

Notes

Articles uniformly report a suspension on Jan 7, 1897 but give no follow-up about reopening or receivership; further articles could clarify outcome.

Events (1)

1. January 7, 1897 Suspension
Cause Details
Owned and operated by Field, Kelsey & Co.; articles report suspension without specifying trigger (insolvency, panic, or government action).
Newspaper Excerpt
The Bank of Canton, at Canton, ... have suspended business.
Source
newspapers

Newspaper Articles (10)

Article from Daily Camera, January 7, 1897

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Article Text

CASUALITIES OF PROSPERITY

Two Banking Concerns in Minnesota go Under, Canton, Minn., Jan. 7-The Bank of Canton and the Citizen's Bank of Lanes boro, both owned by Kesley Field & Co. suspended today.


Article from Rock Island Argus, January 7, 1897

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Article Text

Two Banks Suspend

Preston, Minn., Jan. 7.β€”The Bank of Canton at Canton and the Citizens' Bank of Lanesboro, owned by Field, Kelsey & Co., have suspended.


Article from The Providence News, January 7, 1897

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Article Text

Two Banking Concerns Suspend

PRESTON, Miun., Jan. 7.-The Bank of Canton, at Canton, and the Citizens Bank of Lanesboro, both owned and operated by Field, Kelsey & Co.,have #uspended business.


Article from The News & Observer, January 8, 1897

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Article Text

TWO BANKS FAIL

Preston, Minn., Jan. 7.-The bank of Canton, at Canton, and the Citizens bank of Lanesboro, both of which are operated by Field Kelsey and Company, have suspended business.


Article from Wheeling Register, January 8, 1897

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Article Text

TWO BANKS SUSPEND

Preston, Minn., January 7.-The Bank of Canton, at Canton, and the Citizens' Bank, of Hanesboro, both owned and operated by Field, Wesley & Co., have suspended business.


Article from Birmingham State Herald, January 8, 1897

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Article Text

Preston, Minn., Jan. 7.-The Bank of Canton, at Canton, with a capital of $10,000, and the Citizens' bank, of Lanesboro, a small institution, both owned and operated by Field, Kelsey & Co., suspended business yesterday.


Article from The Bryan Daily Eagle, January 8, 1897

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Article Text

Two More Suspend

Sr. PAUL, Jan. 7.-A Preston (Minn.) special to The Dispatch says the Bank of Canton, at Carton, and the Citizen's bank of Lanesboro, both owned and operated by Field, Kelsey & Co., have suspended business.


Article from Evening Star, January 8, 1897

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Article Text

Two Minnesota Banks Close

The Bank of Canton, at Canton, Minn., and the Citizens' Bank of Lanesboro', both owned and operated by Field, Kelsey & Co., have suspended business.


Article from The Wheeling Daily Intelligencer, January 8, 1897

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Article Text

Hanks Suspended

PRESTON. Minn., Jan. 7.-The bank of Canton, at Canton. and the Citizens' Bank, of Lanesboro. both owned and operated by Field Kelsey & Company, have suspended business.


Article from The Houston Daily Post, January 8, 1897

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Article Text

Two Banks Suspend

Preston, Minn., January 7.-The Bank of Canton at Canton and the Citizens' bank of Lanesboro, both owned and operated by Field, Kelsey & Co., have suspended business.