9465. First National Bank (Anoka, MN)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
2800
Charter Number
2800
Start Date
April 7, 1889
Location
Anoka, Minnesota (45.198, -93.387)

Metadata

Model
gpt-5-mini
Short Digest
2ef50daa

Response Measures

None

Receivership Details

Depositor recovery rate
75.8%
Date receivership started
1889-04-22
Date receivership terminated
1896-05-04
OCC cause of failure
Fraud
Share of assets assessed as good
57.5%
Share of assets assessed as doubtful
30.7%
Share of assets assessed as worthless
11.8%

Description

Cashier P. F. Pratt absconded with ~ $100,000; the bank closed its doors April 7, 1889 and was placed in hands of the bank examiner and a receiver. No run is described in the articles; events are driven by bank-specific embezzlement and led to permanent closure/receivership.

Events (4)

1. October 21, 1882 Chartered
Source
historical_nic
2. April 7, 1889 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Cashier P. F. Pratt absconded to Canada after embezzling/withdrawing about $100,000 from the bank; discovery of large overdrafts and bad paper prompted closure.
Newspaper Excerpt
The doors of the First National Bank were closed last evening. The cashier is in Canada.
Source
newspapers
3. April 18, 1889 Receivership
Newspaper Excerpt
It has been decided that the First National Bank of this city, which was recently closed ... shall go into the hands of a receiver. Mrs. Nell ... refuses to pay the notes, and a long lawsuit is in prospect. (April 18 reports). L. G. Browning has been appointed receiver of the First national bank. (April 20 report). Note: receiver appointment reported Apr 18-20, 1889.
Source
newspapers
4. April 22, 1889 Receivership
Source
historical_nic

Newspaper Articles (16)

Article from Daily Kennebec Journal, April 8, 1889

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OFF FOR CANADA. Cashier Pratt of the First National Bank of Anoka, Minn, Visits the Dominion, Carrying the Surplus" Along with Him. ANOKA, Minn. April 7. The doors of the First National Bank were closed last evening. The cashier is in Canada. There is a woman in the case, who is as handsome as she is wicked. P. F. Pratt, the cashier, went to Minneapolis a week ago Thursday, complaining that he was not well. Friday the bank officials were startled to hear from the Merchante Bank of St. Paul, that their account was overdrawn $20,000. Pratt had drawn about 88000 due the bank and over twice as much more on his cashier's check. An overbauling of Pratt's accounts show matters to be in a bad mess Pratt is a thief to the amount of nearly $100,000 The directors have decided to place the bank in the hands of the bank examiner, who will appoint a receiver to settle its affairs or close up business It is impossible to tell how great has been Pratt's villiany The bank's correspondent at Chicago and New York allowed him to overdraw $15.000. In addition to th.s. he raised about $30.000 on a personal note indorsed by Mrs. Nellan, an aged widow residing in Dayton, who trusted Pratt to manage her business. It appears that Pratt was a side partner with H. S. Parks of this city in stock speculations. Parks allowed him to overdraw several thousand. The bank will be out at least $10.00) on this score, that Pratt loaded the bank with a considerable amount of had paper of a lumber concern. which was part endorsed by Seth Preble of this city. A former teller of the bank G. J. Guilding. left $1,000 of his bank stock to be sold. The officials have reasons to think that Prait soldit and pocketed the money. He held $10,000 in stock himself, and this has been sold. No transfer was ever made on the bank books Last summer & scandal connecting Pratt with a handsome you 1g woman of doubtful antecedents, caused his wife to take her two children to Boston where her brother resides. There was quite a contest on the part of the directors at the January meeting over Pratt's election on account of the 8. animal. but a compromise was effected. The president is H. L. Tickner, one of the pioneer citizens of the northwest and a will known business man in this city, has 88000 in stock and as much more on deposit, and will probably be called OR to sink several more thousands The capital stock is $50,000. Most of the holders are local business men. Unless the matter proves worse than expected, the depositors will probably be paid in tuil.


Article from The Portland Daily Press, April 8, 1889

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Stole Nearly $100,000. ANOKA, Minn., April 7.-The doors of the First National Bank were closed last evening and the cashier is in Canada. There is a woman in the case as handsome as she is wicked. P. F. Pratt, the cashier, went to Minneapolis a week ago Thursday, complaining that he was not well. Friday the bank officials were startled to hear from the Merchants Bank of St. Paul that their account was overdrawn $20,000. Pratt had drawn about $3000 due the bank and over twice as much more on a cashier's check. The overhauling of Pratt's accounts show matters in a bad mess. Pratt is a thief to an amount of nearly $100,000. The directors decided to place the bank in the hands of the bank examiner, who will appoint a receiver to settle its affairs or close up the business.


Article from New-York Tribune, April 8, 1889

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STEALING ALL HE COULD. A MINNESOTA CASHIER TAKES REFUGE IN THE DOMINION. TEMPTED BY A WOMAN, HE DISAPPEARS WITH ONE HUNDRED THOUSAND DOLLARS. [BY TELEGRAPH TO THE TRIBUNE.] St. Paul, April 7.-The cashier of the First National Bank of Anoka, Minn., is in Canada. P. F. Pratt, the cashier, went to Minneapolis a week ago last Thursday, complaining that he was unwell. On Saturday he telephoned to the assistant cashier about some matters of business, and to the inquiry as to the condition of his health, jokingly replied " I am sick abed, and looking for watchers." On Friday the bank officials were startled by a notice from the Merchants' Bank of St. Paul that the account of the First National was overdrawn $20,000. A trusty messenger was at once sent to St. Paul, and the discovery was made that Pratt had drawn out about $8,000 due the bank and over twice as much more on his cashier's check. The bank examiner was informed, and in company with the cashier of the Merchants' National Bank of St. Paul and a Minneapolis bank expert, gave a hasty overhauling of the affairs. Enough was learned to show that matters were in a bad mess, and that Pratt is a thief to the amount of nearly $100,000. The directors concluded to place the bank in the hands of the bank examiner, and he will appoint a receiver to settle the affairs and close the business. It is impossible to tell how great has been Pratt's villany, as the bank's correspondents in Chicago and New-York allowed it to overdraw to the amount of $15,000. It is probable that he has drawn to the full limit. They have been telegraphed to refuse payment on all checks signed by Pratt. In addition he raised about $30,000 on his personal note, indorsed by Mrs. Nellan, an aged widow of Dayton, who trusted Pratt to manage her business. It also appeared that Pratt was a side partner with H. S. Sparks, of this city, who has been experimenting with the bulls and bears in the Minneapolis Exchange, and Sparks was allowed to overdraw his account several thousand dollars, as the venture has been reported to have been a losing one. The bank will be out at least $10,000 on this score. Pratt also loaded the bank with considerable bad paper of a lumber concern, but part of it was indorsed by Seth Preble, of this city, and thus another victim was caught. The former teller of the bank, G. J. Giddings, it is supposed, left $1,000 of his bank stock to be sold, and the officials have reason to believe that he sold the stock and pocketed the money. He also had $10,000 of stock himself, and this has disappeared, too. No transfer of it was ever made on the bank books. As the holders of this stock will be liable to twice its face value, he will probably stand his loss in silence. Last summer the people of Anoka were shocked to learn that Pratt had been on intimate terms with a young woman of doubtful antecedents. The scandal became public property, and Pratt's wife, a ,highly esteemed lady, took her two child. ren and moved to Boston, where her brother lived. The young woman went to Minneapolis, and there is every reason to believe that she and her child are with Pratt in Canada. Pratt managed his rascality cleverly, and as far as was learned, the books of the bank appeared all right on their face. He had made no entry of the checks on the Merchants' Bank at St. Paul. He got the cash in the Northwestern Bank of Minneapolis, one check passing the Clearing House on March 30 and the other April 1. There was a contest on the part of the directors at the January meeting over his election, on account of the domestic scandal. A compromise was finally effected, the understanding being that he should close up certain business matters with which he was familiar, at a reduced salary. From that moment he went deliberately to work to steal every cent that he could. The president of the bank is H. C. Ticknor, one of the pioneer citizens of the Northwest, a wellknown business man of Anoka. He has $8,000 in stock and as much more on deposit, and will probably be called upon to sink several more thousands. The capital stock was $50,000. Most of the holders were local business men. All the money taken on deposit yesterday will be returned in full, but that previously deposited will have to await a settlement. Unless matters prove worse than expected, the depositors will probably be paid in full. As yet, no steps have been taken to hunt down the absconding cashier, but a reward for his capture will probably be offered at once. As he had had a week the start, he is undoubtedly on the safe side of the Canadian line. He was a prominent member of the Baptist church. He is thirtyfive years old. The woman went by name of Mrs. Jacobson. She is said to be a grass-widow.


Article from Evening Journal, April 8, 1889

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A MINNESOTA BANK RUINED. The First National at Anoka Robbed of About $100,000 by its Cashier. ANOKA, Minn., April The doors of the First National bank are closed. The cashier is in Canada, The matter has been kept quiet. The particulars, as fully as could be learned, are as follows: P. F. Pratt, cashier of the First National bank of Anoka, went to Minneapolis a week ago last Thursday, complaining that he was not well. On Saturday he telephoned the assistant cashier about some matters of business, and to the inquiry as to his health jokingly remarked: "I am sick abed and looking for watchers." On Friday the bank officials were startled by a notice from the Merchants Bank of St. Paul that the account of the First National was overdrawn $20,000. A trusted messenger was at once dispatched to St. Paul to investigate, and the discovery made that Pratt had draw. out about $8,000 due the tank and over twice as much were on his cashier's check, The bank examiner was notified of the situation, and, in company with the cashier of the Merchants National Bank of St. Paul and a Minneapolis expert, gave a hasty overhauling of the affairs, Enough was learned to show that matters were in a bad mess and that Pratt is a thief to the extent of nearly $100,000. Not knowing when or where the end might be, the directors concluded to place the bank in the hands of the bank examiner and he will appoint a receiver to settle the affairs or close up the business, It is impossible to tell how great has been Pratt's villainy and the ba k's correspondent in both Chicago and New York allowed him to overdraw to the amount of $15,000. It is probable that he has drawn to the full limit of both banks, They have been telegraphed to refuse payment on all checks signed by Pratt. In addition to this he raised about $30,000 on his personal note, indorsed by Mrs. Nelland, an aged widow résiding in Dayton, who trusted Pratt to manage her business matters to a large extent.


Article from St. Paul Daily Globe, April 8, 1889

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JOINED THE COLONY. Cashier Pratt, of Anoka, Flies Canada With a Load of Long Green. He Robs the First National Bank of About One Hundred Thousand. A Pretty Widow and a Grieving Wife Add Interest to the Case. The Sioux City Criminal Assault Case Growing Exceedingly Torrid. Special to the Globe. ANOKA, April 7.-The circumstances under which the doors of the First National bank were closed Saturday evening were first promulgated here to-day. The announcement that Cashier P. T. Pratt is probably in Canada is a startling broadside to the citizens of Anoka, and especially those having accounts with the bank. Pratt is gone, and with him about $100,000 of the long green. On Friday last, the bank officials were startled by a notice from the Merchants' National Bank of St. Paul that the account of the First National was overdrawn $20,000. Investigation proved that Pratt had drawn $8,000 due the bank and about $20,000 on his cashier's check. The bank examiner was notified, and, after a hasty overhauling of the accounts, told the story against Pratt as a defaulter to the amount of $100,000 or over. Pratt's whereabouts unknown to the bank officials, the bank was placed in the care of the examiner, who will APPOINT A RECEIVER to settle the affair and close up the bank's business at once. The bank will also lose about $10,000 in an overdrawn account of H. S. Sparks', who, it seems, was a side partner of Pratt's, investing in the grain market to a large lossPratt allowing Sparks to overdraw his account. Pratt is charged with fraudulent disposition of the bank's stock left with him for sale. He sold his $10,000 worth, but no record of such sale can be found in the books. A previous scandal is another link to Pratt's villainy. Last summer the people of Anoka were shocked to learn that Pratt had been criminally intimate with a grass widow of doubtful shade. His wife, an estimable lady, left for Boston to avoid the chagrin of a brewing scandal and disgrace. Pratt's enamored widow went to Minneapolis, and it is now learned that she has a bright-eved youngster of uncertain parentage. H. C. Ticknor is president of the bank. He is one of the pioneer citizens, and has $8,000 in stock and about the same amount on deposit. Through Pratt's rascality he will probably be called upon to sink SEVERAL MORE THOUSAND DOLLARS before be can wash the wreck from his responsibility. The capital stock is $50,000. Most holders were local business men, the heaviest losers being A. C. Tranman, E. L. Reed, C. T. Woodbury, W. Hammons, D. C. Durham, and M. Peck, of Minneapolis. All the money taken in on deposit Saturday will be returned, but that previously deposited will have to await the settlement. The depositors will probably be paid in full, unless matters are worse than expected. A reward for Pratt's capture will be offered at once, but having a week's start, he is probably in some safe retreat in Canada. Pratt a short time ago disposed of all his real estate, and leaves nothing but defrauded victims, who can ill afford to lose so much money.


Article from Morning Journal and Courier, April 8, 1889

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A WESTERN DEFAULTER. The First National Bank of Anoka, Minn., Closes Its Doors - Cashier Pratt Missing With About One Hundred Thousand Dollars-A Woman at the Bottom of It. ANOKA, Minn., April 7.-The doors of the First National bank closed last evening. The cashire is in Canada. The matter has been kept quiet. On Friday the bank officers were startled to hear from the Merchant bank of St. Paul that their account was over-drawn over $20,000. A trusted messenger was at once dispatched to St. Paul to investigate and the discovery made that Pratt had drawn out about $8,000 due the bank and over twice as much more on his cashier's check. The bank officers were notified, and, in company with the cashier of the Merchant's National bank of St. Paul, and a Minneapolis expert, gave a hasty overhanling of Pratt's accounts. Enough was learned to show that matters were in a bad way and that Pratt is a thief to the amount of nearly $100,000. The directors decided to place the bank in the hands of the bank examiner and he will appoint a receiver to settle the affairs or close up the business. Mr. Pratt has a private record which is not at all enviable, and his scandalous history shows that a woman who is as pretty as she is wicked is probably the cause of his troubles. Most of the stockholders were local business men. All the money taken on deposit yesterday will be returned in full, but that previously deposited will have to await the settlement. Unless matters prove worse than expected the depositors will probably be paid in full. Salem Carpenters Will Strike. SALEM, Mass., April 7.-The carpenters will to-morrow inaugurate a general strike for nine hours as a day's work. Early in January the Carpenters' union notified the bosses that on April 1 they should demand nine hours and last Monday they began at that rate. Last evening on receiving their pay those who had only worked nine hours were docked six hours in their week's pay. It is expected that there will be at least two hundred men here out of work.


Article from Los Angeles Daily Herald, April 8, 1889

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THE CASHIER GOES TO CANADA, But Feathers His Nest Well Before Taking Flight. CHICAGO, April 7.-A special despatch from Anoka, Minn., says: The doors of the First National Bank closed last evening. The cashier is in Canada. There is a woman in the case. P. F. Pratt, the cashier, went to Minneapolis a week ago last Thursday, and on Friday the bank officials were startled by a notice from the Merchants' Bank of St. Paul that the account of the First National was overdrawn $20,000. A messenger was at once dispatched to St. Paul and the discovery was soon made that Pratt had drawn out about $8,000 due the bank, and about twice as much more on his check. The bank examiner was notified and gave the books a hasty overhauling. Enough was learned to show that matters were in a bad way and that Pratt is short nearly $100,000. Not knowing when or where the end might be, the directors concluded to place the bank in the hands of the examiner, and he will appoint a receiver. It is impossible yet to tell the extent of Pratt's villany. The bank's correspondents, both in New York and Chicago, also allowed him to overdraw the amount of $15,000. In addition to this, he raised about $30,000 on his personal note endorsed by Mrs. Nelland, an aged widow residing in Dayton, who trusted Pratt to manage her business matters to a large extent. It also appears that Pratt, in company with H. S. Sparks, of this city, had been speculating in wheat, and Sparks' account is overdrawn $10,000. Last summer the good people of Anoka were horrified to learn that Pratt was on intimate terms with a of handsome young woman doubtful reputation. The scandal soon became public property, and his wife took her two children and went to Boston, where they have since resided. Soon after this, the grass-widow also disapappeared, but it is alleged she has since lived in Minneapolis, where Pratt supported her and their illegitimate child. There was quite a contest in the bank directory at the January meeting over his position on account of this scandal, but it was finally decided he should close up certain business matters with which he was familiar before severing his connection with the institution. It is balieved his stealings began at that time. The President of the First National Bank is H. L. Ticknor, a wellknown business man of this city and one of the pioneers of the Northwest. The capital stock of the bank was $50,000. Unless matters prove worse than expected, depositors will probably be paid in full. As yet no step has been taken to hunt the absconding cashier, but a reward for his capture will probably be offered at once. As he has had a week's start he is undoubtedly safe in Canada. It is learned that he disposed of all his property in this vicinity some time ago.


Article from The Salt Lake Herald, April 9, 1889

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A WOMANIN THE CASE The Wiley Ways of a Winsome Wee Widow. SAVED FROM A DEATH BY FIRE. A Railroad Train Surrounded by Flames-Crew and Passengers Work HeroicallyWomen Pray Aloud. CHICAGO, April 7.-A special dispatch from Anoka, Minn., says: The doors of the First National bank were closed last evening. The cashier is in Canada. There is a woman in the case. P. F. Pratt, the cashier, went to Minneapolis a week ago last Thursday, and Friday the bank officials were startled by notes from the Merchants' bank of St. Paul that the account of the First National was overdrawn $20,000. A messenger was at once dispatched to St. Paul and discovered that Pratt had drawn out about $8,000 due the bank and about twice as much more on his own check. THE BANK EXAMINER was notified, and gave the books a hasty overhauling. Enough was learned to show that matters are in a bad way, and that Pratt is short nearly $100,000. Not knowing where the end might be, the directors concluded to place the bank in the hands of the examiner, and he will appoint a receiver. It is impossible at present to tell the amount of Pratt's villiany, and correspondents in both Chicago and New York allowed Pratt to overdraw to the amount of $15,000. In addition to this, he raised $30,000 on a personal note of Mrs. Neland, an ageed widow residing at Dayton, who trusted Pratt to manage her business matters to a large extent. IT ALSO APPEARS that Pratt, in company with A. S. Sparks, has been speculating in wheat and Sparks' account is overdrawn $10,000. Last summer, the good people of Anoka were horrified to learn that Pratt was on intimate terms with a handsome young woman of doubtful reputation. The scandal soon became public property, and his wife took her two children and went to Boston, where they have since resided. Soon after this, the grass-widow also disappeared, but it is alleged that she has since lived in Minneapolis where Pratt supported her and an illegitimate child. There was quite a contest in the bank directory at the meeting in January over his position on account of the scandal, but it was finally decided that he should close up certain business matters with which he was familiar before closing up his affairs with the institution. It is believed HIS STEALINGS BEGAN at that time. The president of the bank is L. H. Pincknor, a well-known business man of this city and a pioneer of the northwest. The capital stock was $150,000. Unless matters prove worse than expected, depositors will be paid in full. As yet, no steps have been taken to hunt down the absconding eashier, but a reward for his capture will probably be offered at once. As he has had a week's start, he is undoubtedly on the safe side of the Canadian line. It is learned that he had disposed of all his property in this vicinity some time ago.


Article from The Londonderry Sifter, April 11, 1889

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ANOTHER THIEF IN CANADA. The Cashier of a Minnesota Bank Steals a Large Sum and Flees. The doors of the Anoka, Minn., First National bank are closed. The cashier is in Canada. The matter has been kept quiet. There is a woman in the case. The particulars, as fully as could be learned, are as follows: P. F. Pratt, cashier, went to Minneapolis a week or more ago, complaining that he was not well. Later he telephoned the assistant cashier about some matters of business, and to the inquiry as to his health, jokingly remarked: "I am sick abed and looking for watchers." He is still looking. Last week the bank officials were startled to hear from the Merchants bank of St. Paul that their acc unt was overdrawn $20,000. A trusted messenger was at once dispatched to St. Paul to investigate, and the discovery made that Pratt had drawn out about $8000 due the bank and over twice as much more on his cashier check. The bank officers were notified and in company with the cashier of the Merchants National bank of St. Paul and a Minneapolis expert, gave a hasty overhauling of Pratt's accounts. hough was learned to show that matters were in a bad mess, and that Pᵢ att is a thief to the amount of nearly $100,000. The directors decided to place the bank in the hands of the examiner, and he will appoint a receiver to settle the affairs or close up the business.


Article from The Telegraph-Courier, April 11, 1889

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A MISSING CASHIER. P. F. Pratt Runs Away with $100,000 and a Grass Widow. The doors of the First National Bank at Anoka, Minn., are closed. The cashier, P. F. Pratt, is in Canada, having stolen about $100,000. A woman as handsome as she is wicked is in the case. The cashier went tc Minneapolis recently and the authorities Of the local bank received notice from the St. Paul Merchants' Bank that their account had been overdrawn $20,000. Investigation showed that Pratt had drawn out $8,000 due the bank and twice as much more on his cashier's check. The bank examiner was called in and found that Pratt was a thief to the amount of nearly $100,000. The directors at once closed their doors, and a receiver was appointed. It is impossible to tell the extent of Pratt's villainy, as the bank's correspondents in New York and Chicago allowed him to overdraw $15,000. In addition he raised $30,000 on his personal note, indorsed by an aged widow, whose affairs he managed. The woman with whom Pratt skipped was a Mrs. Jacobsen, a grass-widow. Mrs. Pratt never suspected her husband until an anonymous note told her of his doings. She then left him and went to her home in Boston, Mass.


Article from Essex County Herald, April 12, 1889

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ANOTHER THIEF IN CANADA. The Cashier of a Minnesota Bank Steals a Large Sum and Flees. The doors of the Anoka, Minn., First National bank are closed. The cashier is in Canada. The matter has been kept quiet. There is a woman in the case. The particulars, as fully as could be learned, are as follows: P. F. Pratt, cashier. went to Minneapolis a week or more ago, complaining that he was not well. Later he telephoned the assistant cashier about some matters of business, and to the inquiry as to his health. jokingly remarked: "I am sick abed and looking for watchers." He is still looking. Last week the bank officials were startled to hear from the Merchants bank of St. Paul that their account was overdrawn $20,000. A trusted messenger was at once dispatched to St. Paul to investigate, and the discovery made that Pratt had drawn out about $8000 due the bank and over twice as much more on his cashier check. The bank officers were notified and in company with the cashier of the Merchants National bank of St. Paul and a Minneapolis expert, gave a hasty overhauling of Pratt's accounts. E ough was learned to show that matters were in a bad mess, and that P, att is a thief to the amount of nearly $100,000. The directors decided to place the bank in the hands of the examiner, and be will appoint a receiver to settle the affairs or close up the business.


Article from Middlebury Register, April 12, 1889

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Francis, who had been ha day at Lebanon, and that he uscitated by his relatives. was not broken, and as he was not strangled. had hung for 20 minutes tl pronounced him dead. You have sent two of my cou jail and you will die for it faced Russian to Justice S Newark, N. J., Saturday the latter was on his wa The stranger referred to couple whom the judge had 9 months for bigamy two " stice Sommers laughed at the and went on his way, bu his office, opposite the co found a round package on Iressed to himself. When th opened a two and half incl pipe was disclosed, in on was discovered a fuse. dynamite. The judge care yed the instrument of death sewer and lowered it wit the bottom. He is now hu would-be murderer. Inspector Byrnes of New the arrest of Henry uben Lomis, William Avery wyer and John H. Hill, accus a gang of "fire bugs," said onsible for the several atten burn the Catholic protectory ester county. They are betwe years of age. Sawyer is a others are white. All live of East 142d street. T Cassidy, only 19, who seer rfect fiend. He was discharge protectory for impudence ago, and in revenge ha destroy the buildings. He engineer, his father being Both were discharged, the ence being drunkenness. to burn the building w some outbuildings were des Special Treasury Agent Sim earthed one of the most uggling operations ever cari York city. Thus far the I vernment, it is estimated, an $50,000, and it is expected the end is reached the total to $250,000. Allard & Sons No. 304 Fifth avenue is the The partners are in Fran remain most of the time, b esented here by an agent, P Allard & Sons deal in furniture, articles of vertu, bestries and various other a and number among a some of the wealthiest United States. In many of on Murray hill are to be f valuable articles which I over the ocean by this firn the customs authorities already discovered be take of the general practi most of these never paid to Uncle Sam, and Allard only pocketed the profits tl the sales, but added largely t pocketing the duties which been paid into the treasury The doors of the First natio Anoka, Minn., were closed ening. The cashier is in Ca is a woman in the 0920


Article from Los Angeles Daily Herald, April 19, 1889

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Result of Pratt's Clean-Up. ANOKA, Minn., April 18.-It has been decided that the First National Bank of this city, which was recently closed, being cleaned out by cashier Pratt, shall go into the hands of a receiver. Mrs. Nell, the lady who was on the absconded cashier's paper to the extent of about $40,000, refuses to pay the notes, and a long lawsuit is in progress.


Article from Pittsburg Dispatch, April 19, 1889

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A BANK IN BUSINESS NO MORE. It Has to Quit Because Its Cashier's Paper is Good for Nothing. ANOKA, MINN., April 18.-It has been decided that the First National Bank of this city, which was recently cleaned out by Cashier Pratt, shall go into the hands of a receiver. The directors do not think itwise to resume business until all outstanding claims are settled. Mrs. Nell, the lady who was on the absconding cashier's paper to the extent of about $40,000, refuses to pay the notes, and a long lawsuit is in prospect.


Article from St. Paul Daily Globe, April 21, 1889

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WILL HAVE WATERWORKS. Anoka Begins Business in That Direction. Special to the Globe. Anoka, Minn., April 20.-The committee on water works appointed by the mayor, met this afternoon and engaged G. E. Beach, of Minneapolis, to draw up plans and specifications for a system in this city. Mr. Beach will begin his work Monday. L. G. Browning has been appointed receiver of the First national bank. A frame house owned by George Warren, was burned last night. It was valued at $1,800; fully insured. It was doubtless the work of an incendiary.


Article from St. Paul Daily Globe, July 3, 1889

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LEGAL AND ILLEGAL. # A Mother's Kick---Defrauding a Bank---A Cool Thousand for Picture Pins. Judge Kelly finished the special term calendar at noon yesterday. All courts, except that of Judge Vilas, were adjourned until this morning, when Judge Kelly will take up the Kavanaugh-Chance habeas corpus case. The order to have the girl in court was issued on Saturday, but the sheriff, after diligent search, only found her yesterday at the home of her mother, the petitioner for the writ. The girl does not want to live with her mother, but will stay with her father. The matter will be determined this morning. Judge Brill will also hold court. George C. McNair, as receiver of the First National Bank of Anoka, sues Henry W. Carter and Jane E. Everts to have the court decree that certain conveyances of property which Carter made to Jane Everts were null and void and without effect, for the reason that said conveyances were made to defraud the plaintiff, who was about to recover judgment against the defendant Carter. E. L. Kimball sues Blakemore & Angell to recover $1,075 damages, alleged as follows: On the 6th day of June the defendants wrongfully and unlawfully, intending to harass, oppress and injure the plaintiff, did willfully and maliciously and with great force break and enter into the home and residence of the plaintiff and did then and there carry away three pictures of the value of $75. The plaintiff further claims that defendants did assault her with force and arms, grievously bruising and wounding her. They tore down the picture pins from the wall and otherwise injured and defaced the premises. For this she claims $1,000 damages. Noyes Bros. & Cutler sue Anton Wagner to recover $280.50 for goods sold. The Ridgely National Bank of Springfield sues the Illinois Fuel company to recover on a note of $3,000. In the case of Marie H. Hornsby against the city of St. Paul, an action to quiet title and recover for damages done to a part of the south half of the southwest quarter, section 5, town 28, range 22 west, the court finds the plaintiff entitled to judgment on part of her pleadings and portions of land claimed. UNITED STATES COURT. In the case of Randolph Jasper against the Moorhead Manufacturing company, an action to recover $5,500 damages for the loss of two fingers, the jury rendered a verdict for the defendant. The case of Albert L. Babcock, administrator, etc., against Northern Pacific Railroad company, an action to recover $5,000 for personal injuries, resulting in the death of the plaintiff's charge, deceased, is on trial before Judge Nelssn.