Marine Bank - Duluth, MN

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: December 1, 1896*
Location: Duluth, Minnesota (46.783, -92.107)

Metadata

Model: gpt-5-mini
Short Digest: 8b313970

Response Measures

None

Description

Article (Dec 16, 1896) indicates the Marine Bank's assets (books) were sold by its receiver — evidence the bank had been placed in receivership/closed. No article text mentions a depositor run or prior suspension details, so classified as suspension_closure (closure with receiver).

Events (1)

1. December 1, 1896* Receivership

Newspaper Excerpt: the books having been bought from the receiver of the Marine bank.
Source: newspapers

Newspaper Articles (1)

1. December 16, 1896 The Ely Miner Ely, MN

Article from The Ely Miner, December 16, 1896

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Article Text

That Book. "Duluth and Environs" issued by Leggett & Thornton two years ago and for which several of our citizens "put up" all the way from $3 to $50 and for the production of which the firm carried from this city something like $300, is now being given away by an enterprising Duluth firm with every purchase of $2 worth or over, the books having been bought from the receiver of the Marine bank. None of the works have been delivered to subscribers in this city as yet and no doubt never will be. - Moral: Advertise in your home paper and do not look with joy upon every fakir who happens to strike town.