State Bank (Minneapolis, MN)

Episode Information

Episode UID
9443390591153
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
944339059 hash
Start Date
January 1, 1896*
Location
Minneapolis, Minnesota (44.980, -93.264)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
02a2cd8ad24627c0

Response Measures

None

Description

Bank is described as defunct/insolvent since 1896 and in receivership; articles cover receiver actions and accounting.

Events (4)
1. January 1, 1896* Receivership
Newspaper Excerpt
receiver of the defunct State Bank of Minneapolis shows ... since the time of going into insolvency, 1896
Source
newspapers
2. January 1, 1896* Suspension
Cause
Bank Specific Adverse Info
Cause Details
Went into insolvency in 1896 and remained closed/defunct thereafter.
Newspaper Excerpt
defunct State Bank of Minneapolis ... since the time of going into insolvency, 1896
Source
newspapers
3. March 1, 1902 Other
Newspaper Excerpt
Judge Harrison directed receiver W. J. Hahn, of the State Bank, to sell the unpaid judgments held by him at a sale to take place at the sheriff's office on March 1. These judgments aggregate $75,000.
Source
newspapers
4. June 27, 1903 Receivership
Newspaper Excerpt
The full bench of the district court this morning approved the account of the receiver of the State Bank of Minneapolis up to the time of General Hahn's death.
Source
newspapers

Newspaper Articles (3)
1. February 22, 1902 The Minneapolis Journal Minneapolis, MN
Article from The Minneapolis Journal, February 22, 1902

Click image to open full size in new tab

Article Text

# Ordered to Sell Judgments. Judge Harrison directed receiver W. J. Hahn, of the State Bank, to sell the unpaid judgments held by him at a sale to take place at the sheriff's office on March 1. These judgments aggregate $75,000. Kristian Kortgaard is a joint debtor in nearly every judgment.

2. June 1, 1903 The Minneapolis Journal Minneapolis, MN
Article from The Minneapolis Journal, June 1, 1903

Click image to open full size in new tab

Article Text

State Bank Receivership. A final accounting made by the receiver of the defunct State Bank of Minneapolis shows that since the time of going into insolvency, 1896, the receipts have amounted to $56,715.35, and the disbursements to $53,330.22. An order of the district court has been made fixing a hearing for June 27.

3. June 27, 1903 The Minneapolis Journal Minneapolis, MN
Article from The Minneapolis Journal, June 27, 1903

Click image to open full size in new tab

Article Text

Receiver's Account Allowed. The full beinch of the district court this morning approved the account of the receiver of the State Bank of Minneapolis up to the time of General Hahn's death. The amount taken in was $36,715 and the amount paid out, $53,330. The state has a preferred claim on the assets, and what remains will not be distributed among the common creditors. Geneeral Hahn's claim for $1,500 fees was allowed.