Mullanphy Savings Bank (St Louis, MO)

Episode Information

Episode UID
9590676991166
Episode Type
Run → Suspension → Closure
Bank Type
savings
Bank ID
959067699 hash
Start Date
February 27, 1897
Location
St Louis, Missouri (38.627, -90.198)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
85c4c5f3f49de3ee

Response Measures

None

Description

Articles consistently report a brief depositor run, immediate examiner closure, and appointment of a receiver.

Events (3)
1. February 27, 1897 Run
Cause
Bank Specific Adverse Info
Cause Details
Filing of a $25,000 chattel mortgage by a commission firm and publicity about the bank's unsafe condition (Continental National refused to clear) triggered depositor panic.
Measures
Depositors began withdrawals; examiner closed the bank promptly.
Newspaper Excerpt
about forty assembled at the bank when it opened at 9 o'clock this morning, and began a run.
Source
newspapers
2. February 27, 1897 Suspension
Cause
Government Action
Cause Details
State bank examiner closed the institution after run and clearing-house refusal to continue clearing.
Newspaper Excerpt
Bank Examiner C. O. Austin today closed the Mullanphy Savings Bank... Examiner Austin promptly closed the bank and the depositors were put out of doors.
Source
newspapers
3. March 1, 1897 Receivership
Newspaper Excerpt
Judge Valliant to-day appointed ex-Gov. William J. Stone receiver for the Mullanphy Savings Bank, which failed last Saturday.
Source
newspapers

Newspaper Articles (21)
1. February 27, 1897 Santa Fe Daily New Mexican Santa Fe., Santa Fe, NM
Article from Santa Fe Daily New Mexican, February 27, 1897

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MULLANPHY BANK FAILURE The First Institution of the Kind to Fail in St. Louis for a Good Many Years. St. Louis, Feb. 27.-The Mullanphy Savings bank, a state institution, was closed today by the state bank examiner. J. H. Rottman is president of the institution. The Mullamphy Saving bank has been in operation more than twenty. five years. The statement issued February 26, was as follows. Liabilities, capital stock, $100, 000; surplus, $5,204; demand deposits, $248,182; time deposits, $396,088; certificates deposits, sight drafts, $8,208; cash. iers checks, $3,439; bills payable, $45,000; total, $806,069. Resources, bills receivable, $561,753; bonds, $54,081, real estate, $89,112; cash in vault, $42,946; cash in banks, $58 172: total $806,044. Yesterday the Continenial back, through which the Mallanphy bank cleared, noti fied the chairman of the Clearing House association, that it would not clear for the Savings institution any longer, beCRUSE of its condition. Bank Examiner Austin had examined into the banks condition, and finding it unsatisfactory 80 reported to the Continential. Last night, the exam. ining committee of the Clearing House association met to devise some means for carrying the bank over, but decided it could do nothing. This becoming known to some of the depositore, about forty this morning began a run. Exam. iner Austin promptly closed the deors and the depositors were put out. There was much indiguation among the depositors, who are mostly poor people who can ill afford to lose their savings. It caused a sensation as this is the first bank in St. Louis to fail for many years.

2. February 27, 1897 Evening Star Washington, DC
Article from Evening Star, February 27, 1897

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CLOSED BY THE EXAMINER. Failure of the Mullanphy Savings Bank of St. Louis. ST. LOUIS, Mo., February 27.-Bank Examiner C. O. Austin today closed the Mullanphy Savings Bank, a state institution, which has been in operation here for more than twenty-five years. He is unable yet to give out any figures which would show the condition of the bank, but hopes to have the books in such shape as to be able to make a report early next week. Yesterday the Centinental National Bank, through which the Mullanphy Bank cleared, notified the chairman of the Clearing House Association that it would not clear for the savings institution any longer. because of its condition. Mr. Austin had examined into the bank's condition, and finding it unsafe, had reported se to the Continental National, and its action followed. Last night the executive committee of the Clearing House Association met to devise some means of carrying the bank over, but decided that it could do nothing to help It. This becoming known to some of its depositors, about forty assembled at the bank when it opened at 9 o'clock this morning, and began a run. Examiner Austin, seeing how matters were going. promptly closed the bank. and the depositors were put out of doors. There was much indignation among the depositors, who were mostly poor people, and can il! afford to lose their savings. The failure caused somewhat of a sensation throughout the city, as this is the first bank in St. Louis to fail in many years. CHICAGO, February 27.Mr. George Schneider, former president of the National Bank of Illinois, has effected a settlement. Everything as to him has been closed up, including his indebtedness to the bank, and his release, which has been approved, is honorable and creditable. A petition for his discharge from all liability will be presented to the United States court in a day or two, and will doubtless be approved.

3. February 27, 1897 San Antonio Daily Light San Antonio, TX
Article from San Antonio Daily Light, February 27, 1897

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SAVINGS BANK CLOSED. St. Louis, Feb. 27.-The Mullanphy Savings bank was slosed by the state bank examiner, on account of a run tarted on it by its depositors mostly poor people.

4. February 28, 1897 The Record-Union Sacramento, CA
Article from The Record-Union, February 28, 1897

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BANK FAILURE AT ST. LOUIS. A Savings Institution Closed by the State Examiner. ST. LOUIS, Feb. 27.-The Mullanphy Savings Bank, a State institution, was closed to-day by the State Bank Examiner. J. H. Rettman is President. The statement issued on February 26th by the bank was as follows: Liabilities-Capital stock, $100,000; surplus, $5,204; demand deposits, $248,132; time deposits, $396,088; certificates of deposit, sight, $8,208; cashier's checks, $3,434; bills payable, $45,000. Total, $806,069. Resources-Bills receivable, $561,753; bonds, $54,061; real estate, $89,112; cash in vault, $42,946; cash in banks, $58,197; total, $806,069. Yesterday the Continental National Bank, through which the Mullanphy Bank cleared, notified the Chairman of the Clearing House Association that it would not clear for the saving institution longer because of its condition. Austin had examined the bank's condition and finding it unsafe, had reported so to the Continental National. Last night the Executive Committee of the Clearing House Association met to devise some means for carrying the bank over, but decided it could do nothing. This became known to some of the depositors and they began a run this morning. Examiner Austin promptly closed the bank and the depositors were put out of doors. There was much indignation among depositors, mostly poor people, who can ill afford to loose their earnings. The failure has caused a sensation, as this is the first bank in St. Louis to fail for many years. The bank had been in operation over twenty-five years. T. A. Teuscher ran up his overdrafts at the bank to $80,000 recently when he tried to corner the whisky market. President Rottman said this was a dead loss. Rottman also borrowed freely from the bank to push his whisky business.

5. February 28, 1897 The Salt Lake Herald Salt Lake City, UT
Article from The Salt Lake Herald, February 28, 1897

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'RAH FOR M'KINLEY." St. Louis Bank Goes Into the Hands of the Secretary of State. St. Louis, Feb. 27.-After a run of about an hour this morning, the Mullanphy bank, on the corner of Broadway and Cass avenue, closed its doors. Bank Examiner Austin immediately took charge and the following placard was posted on the doors: "This bank is in the hands of the secretary of state." The liabilities are estimated at $810,000, and Cashier Kammerer says the assets will reach nearly the same figures. The bank has about 1,500 depositors, and was regarded as one of the most substantial savings institutions in the city. The filing of, a chattel mortgage of $25,000 by a commission firm is said to be responsible for the run and subsequent failure. The clearing house association has appointed a committee to investigate the failure.

6. February 28, 1897 The Salt Lake Herald Salt Lake City, UT
Article from The Salt Lake Herald, February 28, 1897

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"RAH FOR M'KINLEY." St. Louis Bank Goes Into the Hands of the Secretary of State. St. Louis, Feb. 27.-After a run of about an hour this morning, the Mullanphy bank, on the corner of Broadway and Cass avenue, closed its doors. Bank Examiner Austin immediately took charge and the following placard was posted on the doors: "This bank is in the hands of the secretary of state." The liabilities are estimated at $810,000, and Cashier Kammerer says the assets will reach nearly the same figures. The bank has about 1,500 depositors, and was regarded as one of the most substantial savings institutions in the city. The filing of. a chattel mortgage of $25,000 by a commission firm is said to be responsible for the run and subsequent failure. The clearing house association has appointed a committee to investigate the failure.

7. February 28, 1897 The Seattle Post-Intelligencer Seattle, WA
Article from The Seattle Post-Intelligencer, February 28, 1897

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Mullanphy Savings Bank. ST. LOUIS, Feb. 27.-Assistant Attorney General Jeffries applied to Judge Valiant this afternoon for the appointment of a receiver for the Mullanphy Savings bank. He placed the bank's total liabilities at $807,630; available assets, $567,114. He stated that the bank had lost $204,000 on bad paper. T. A. Teuscher ran up his overdrafts at the bank to $80,000 recently. when he tried to corner the whisky market. President Rottman said this was a dead loss. President Rottman has also borrowed freely from the bank to push his whisky business. Yesterday the Continental National bank, through which the Mulianphy bank cleared. notified the chairman of the Clearing House Association that It would clear for the savings institution no longer, because of its condition. Examiner Austin has examined the bank's condition, and, finding It unsafe, had reported 80 to the Continental. Last night the executive committee of the Clearing House Association met to devise some means of carrying the bank over, but decided It could do nothing. This became known to some depositors. About forty began a run this morning. Examiner Austin promptly closed the bank and the depositors were put out of doors. There was much indignation among the depositors, mostly poor people who can not afford to lose their savings. The failure caused a sensation, as this is the first bank In St. Louis to fall for many years. The bank had been in operation for over twenty-five years. Willonghby, HIII & Co. CHICAGO, Feb. 27.-Willoughby. Hill & Co., clothiers, confessed judgment in the circuit court today for $81,611 in favor of the Fort Dearborn National bank. Mr. Hill has been in New York, but is expected home tonight. His son, who is in charge of the business in his absence, says the financial troubles can be arranged. "It was a complete surprise," said he today. "I guess we will get in shape again in & day or two." The assets are given at about $135,000.

8. February 28, 1897 New-York Tribune New York, NY
Article from New-York Tribune, February 28, 1897

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A ST. LOUIS SAVINGS BANK FAILS. THE MULLANPHY INSTITUTION SUCCUMBS AFTER A BRIEF RUN. St. Louis, Feb. 27.-After a run of an hour this morning the Mullanphy Bank, at Broadway and Cass-st.. closed its doors. Bank Examiner C. C. Austin immediately took charge, and the following placard was posted on the doors: "This bank is in the hands of the Secretary of State." The liabilities are estimated at $810,000, and the cashier says the assets will reach nearly the same figures. The Mullanphy Bank has about 1,500 depositors, and was regarded as one of the most substantial savings institutions in the city. Mr. Austin is inclined to the belief that the bank will not resume. The filing of a chattel mortgage of $25,000 by a commission firm is said to be responsible for the run and subsequent failure. The Clearing House Association has appointed a committee to investigate the failure.

9. February 28, 1897 The Houston Daily Post Houston, TX
Article from The Houston Daily Post, February 28, 1897

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MULLANPHY SAVINGS BANK A St. Louis Savings Bank Porced to Suspend. IS IN CHARGE OF A BANK EXAMINER Clearance Through the Continental National Bank Was Refused and Suspension Followed at Once. St. Louis, February 27.-State Bank Examiner Austin today closed the Mullanphy Savings bank, a State institution which has been in operation here for more than twenty-five years. He is unable yet to give out any figures which would show the condition of the bank, but hopes to have the books in such shape as to be able to make a report early next week. The statement issued at the close of business on February 26, 1897, by the bank is as follows: Liabilities, capital stock $100.000; surplus $5204; demand deposits $218,132; time deposits $326,083; certificates of deposit, sight $2208; cash and checks $2434; bills payable $45,000. Total, $806,068. Resources-Bills receivable $561,753; bonds $54,061; real estate $89,112: cash in vault $42,946; cash in bank $48,197. Total, $806,068. Yesterday the Continental National bank, through which the Mullanphy bank cleared, notified the chairman of the Clearing House association that it would not clear for the savings institution any longer, because of its condition. Mr. Austin had examined into the bank's condition and finding It unsafe had reported so to the Continental National and its action followed. Last night the executive committee of the Clearing House association met to devise some means of carrying the bank over, but decided that it could do nothing to help it. This became known to some of its depositors, about forty of whom assembled about the bank when It opened at 9 o'clock this morning, and began a run. Examiner Austin, seeing how matters were going, promptly closed the bank and the depositors were put out of doors. There was much indignation among the depositors, who are mostly poor people who can ill afford to lose their savings. The failure caused somewhat of a sensation throughout the city as this is the

10. February 28, 1897 The Wichita Daily Eagle Wichita, KS
Article from The Wichita Daily Eagle, February 28, 1897

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While Speculators' Collateral is Transmitted Into the Wherewithal-Big Chicago Clothing Firm Goes Down-Other News of Failures and ReceivershipsBethlehem Works Cut Wages-Cotton Mills Reduce Output-Railway News. St. Louis, Mo., Feb. 27.-State Bank Examiner C. O. Austin today closed the Mullanphy Savings Bank, a state institution which has been in operation here for more than twenty years. He is unable yet to give out any figures which would show the condition of the bank, but hopes to have the books in such shape as to be able to make a report early next week. The following statement, issued at the close of business on February 26, 1897, by the bank, is as follows: Liabilities: Capital stock, $100,000: surplus, $5,204; demand deposits, $248,132; time deposits, $396,088; certificates of deposit, sight, $8,208; cashier's checks, $3,344; bills payable, $45,000. Total, $806,069. Resources: Bills receivable, $561,753; bonds, $54,061; real estate, $89,112; cash in vault, $42,946; cash in bank, $58,187. Total, $806,069. Yesterday the Continental National bank through which the Mullanphy bank cleared, notified the chairman of the clearing house association that it would not clear for the savings institution any longer, because of its condition. Mr. Austin had examined into the bank's condition and, finding it unsafe, had reported SO to the Continental National bank, and its action followed. Last night the eexcutive committee of the clearing house association met to devise some means of carrying the bank over, but decided that It could do nothing to help it. This becoming known to some of the depositors, about forty of them assembled at the bank when it opened at 9 o'clock this morning. and began a run. Examiner Austin, seeing how matters were going, promptly closed the bank and the depositors were put out of doors. There was much indignation among the depositors, most of whom are poor people who can ill afford to lose their savings. The failure caused somewhat of a sensation throughout the city as this is the first bank in St. Louis to fail for many years. Ever since the panic of 1893 the Mullanphy Savings bank has been in had shape. The officials have strugled along in the hope of pulling out, but the continued business depression coupled with bad loans, was more than they were able to overcome. Other banks in the city were cognizant of the condition of affairs, but there was no disposition to crowd matters. The disposition was rather to the contrary. Although not a member of the clearing house, aid would have been extended by this association could It have been of any avail. How great a proportion of the bills receivable, bonds and real estate can be realized upon will develop after the receiver begins to straighten out the tantangle. In view of the fact that the clearing house refused to go to the front. It cannot be large.

11. February 28, 1897 The Morning News Savannah, GA
Article from The Morning News, February 28, 1897

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SAVINGS BANK SHUT. Its Liabilities Estimated at $810,000 and Its Assets as the Same. St. Louis, Mo., Feb. 27.-After a run for an hour this morning, the Mullanphy bank, corner Broadway and Cass streets, closed its doors. Bank Examiner C. O. Austin immediately took charge and the following placard was posted on the doors: "This bank is in the hands of the Secretary of State." The liabilities are estimated at $810,000, and Cashier Kammerer says the assets. will reach nearly the same figures. The filing of a chattel mortgage of $25,000 by a commission firm, is said to be responsible for the run and subsequent failure. The Clearing House Association has appointed a committee to investigate the failure.

12. March 1, 1897 The Saint Paul Globe Saint Paul, MN
Article from The Saint Paul Globe, March 1, 1897

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*Ex dividend. NEW YORK MINING STOCKS. : Bulwer $0 50 Ontario $9.00 Cholor 90 80 Ophir 20 Crown Point Plymouth 15 Con. Cal. & Va.. 1 60 Quicksilver 1 00 Deadwood 1 00 10 00 00 do pfd 3 06 Gould & Curry : Sierra Nevada 30 Hale & Norcross 95 Standard 1 65 Homestake 29 00 Union Con 32 Iron Silver 32 Yellow Jacket 25 Mexican 39 BOSTON MINING SHARES. Franklin Allouez Min. Co . 1 11 Atlantic 23 11 Kearsarge Osceola Boston & Mont ..119 341/2 Butte & Boston. 15½ Quincy 1151/2 Calumet & Hecla. 370 Tamarack 120 Centennial Wolverine 10 61/4 SAVINGS BANK FAILS. ST. LOUIS, Feb. 27.-State Bank Examiner C. O. Austin today closed the Mullanphy Savings bank, a state institution, which has been in operation here for more than twentyfive years. Assistant Attorney General Jeffries applied to Judge Valiant this afternoon for the appointment of a receiver for the bank. He placed the bank's total liabilities at $807,630, and the available assets at $567,114. He stated that the bank had lost $204,000 on bad paper. It seems to indicate that depositors will hardly get more than 50 cents on the dollar.

13. March 2, 1897 The Morning News Savannah, GA
Article from The Morning News, March 2, 1897

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ST. LOUIS' BROKEN BANK. Depositors Apt to Get Only 10 or 15 Cents on the Dollar. St. Louis, Mo., March 1.-Judge Valliant to-day appointed ex-Gov. William J. Stone receiver for the Mullanphy Savings Bank, which failed last Saturday. The affairs of the bank are conceded to be in very bad condition, and it is doubtful if the depositors will realize more than 10 or 15 per cent. on their deposits.

14. March 3, 1897 The Enterprise Wellington, OH
Article from The Enterprise, March 3, 1897

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St. Louis Bank Fails. ST. LOUIS, March 1.-After a run of about an hour the Mullanphy bank closed its doors Saturday. Bank Examiner Austin took charge and the following placard was posted on the door: "This bank is in the hands of the secretary of state." The liabilities are estimated at $810,000 and Cashier Kammerer says the assets will reach nearly the same figure. The Mullanphy bank has about 1,500 depositors and was regarded as one of the most substantial savings institutions in the city. Examiner Austin is inclined to the belief that the bank will not resume.

15. March 5, 1897 Kansas Agitator Garnett, Greeley, Topeka, KS
Article from Kansas Agitator, March 5, 1897

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EDITORIAL ETCHINGS. GROVER CLEVELAND, it is said, will write a book about himself. IOLA is to have a brick factory with a capacity of 50,000 daily. THE railroad lobby seems to have captured the Oklahoma legislature. THE Topeka Capital says McKinley,s inauguration will cost $5,000,000. SENATOR HARRIS has appointed W. H. Sears of Lawrence, his private secretary. THE Mullanphy Savings Bank, of St. Louis, has closed its doors. Liabilities, $800,000. INGALLS is to "write up" the Corbett Fitzsimmons fight for the New York Journal. THE Pennsylvania Steel Co. has reduced the wages of its employes IO per cent. BRYAN has been criticised by Ingalls, and in his description of Bryan, Ingalls describes himself. SENATOR DUBOIS warns the senators that the gold senators may expect opposition from the silver senators. THE Suffragists of Topeka propose to take a hand in city politics and so will run three women for Council. THE old clothing firm of Willoughby, Hill & Co., of Chicago, has gone to the wall. Libilities, $200,000. THE mayor of New York says that city has no work for the unemployed, and they must look elsewhere for work. Poor old New York! LOUISIANA has 4,000 destitute. The state made a $65,000 appropriation and it was nearly all expended in freight charges. WEYLER, the Spanish murderer of Cuban patriots, has resigned because he is displeased with his government's action in releasing an American prisoner. GROVER CLEVELAND and his friend E. C. Benedict will visit Cuba soon-will go in Mr. Benedict,s private yacht. We'll bet a cookie the Spaniards won't molest them. "CONSERVATISM on every phase of the Cuban question except the rights of American citizens. They must and shall be protected," are Major McKinley's words. HUGH CAMERON, the Kansas hermit, has just performed the feat of walking from Topeka to St. Louis. He is on his way to Washington. Mr. Cameron is one of the old settlers of the state, and is quite aged. COXEY may be a crank, but he has evolved the best plan that has yet been "thought out" to relieve the unemployed of this nation. If you have never investigated his plan, call at this office and get a copy of a pamphlet issued by him, entitled "Coxey's Cause and Cure."

16. March 6, 1897 Chicago Eagle Chicago, IL
Article from Chicago Eagle, March 6, 1897

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Bank Receiver Named. Ex-Gov. William A. Stone was appointed receiver of the Mullanphy Savings Bank at St. Louis, which was closed by the State bank examiner. He immediately took possession.

17. March 11, 1897 Mineral Point Tribune Mineral Point, WI
Article from Mineral Point Tribune, March 11, 1897

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ten the enforce to George Palmer, who kilei Hazel Marshall near North Bend. Wis., W S convicted. The faculty of Mount Holyoke College announces the gift to the college of $40,000 for a dormitory. Edward Chase, for twenty-six manager of the St. Louis Cerring house association, is dead. At Jacksonville, Fla., Judge Lock ordered the release of the fillibusting 10g Dauntless on a bond of $15,000. President Seth Low, of Columbia University, is being urgel to become a candidate for mayor of New York Fire in the American Phte Gless company's factory in Anderson, Ind. did damage to the extent of $40 000. The Missouri house, after a vote of 74 to 47. passed a bill to make railroad fares in that state two cents per mile. California's supreme court approved the decision of the lower court in the Durrant case, and the murderer mus hang. The Arkensas State senate passed a bill appropriating $65,000 for the relief of the drought sufferers of the state. The building trades unions of New York city are effecting a more powerfu organization than has ever ex sted in that place before. Ex-Gov. William Stone has been appointed receiver of the Mullanphy Savings bank of St. Louis. H: gave a bond of $1,000,000. At an annual meeting of Sorosis in New York Mrs. Mary Lyon Dane Hall was elected president to succeed Mrs Wiliam Todd Helmuth. The shortage of Otis Smith, the defaulting cashier of the George Security and Banking Company, will be settlel by friends and relativ Duluth had a bad fire. W. J. Bryan made a speech in N. Y. in which he intimated that he did no want sound currency advocates 10 return to the democratic party. J. S. Bartley, ex-treasu er of Nebraska, was arrested at Linco n on charge of embezzling several hu idred thousand dollars of state funds. Alex. Condot, a French halfbreed, a ul Black-hawk, a negro halfbreed. have been arrested for the murder of the Spicer family at Winona, N. D. The grand jury of Lou sville Ky. Indicted J. M. McKnig it, Sterling Edmunds and six aldermen 0.1 the charg of conspiring to defraud that city. Rev. George S. Mallery, editor of the Churchman, who, with his brother, 01rected the Madison Square theatre, in New York. some years ago, is dead Ex P.e ident J. M. McKnight of the German National bank of Lo inville .y., and Ald Britt have been ind ed for conspiracy to misappropriate f n 8 The X-ray has Leer used success ully at Toledo to locate a bullet in a mans brain, leading to is Tem val, with every prospect that the patient will live. Mr. and Mrs. Oliver H. P. Belmont and Harold Vanderbilt, Mrs. Belmont's on, have sailed for England They 1 go to Blenheim as guests of the duke and duchess of Marlborough Later they will visit Paris and expect to return for the Newport season W. J. Koerner, a newspaper rti t has been sentenced to be electrocu ed during the week of April 19 or te murde: of Rose A. Re m te in New York President Cleveland's boundary commission reported without declaring the true divisional line between Venezuela and British Gulana, arbitration having most interested. The East Pennsylvania United Even gelical conference, in ses ion at Alle town. passed resulutions condemn nz the United Sta es senate for ho Fin Sunday sessions. General Booth-Tucker, of the salvation army, is trying to have vac n land in Chicago cultivated for t ben efit of the poor, as WSS done by Ma 01 Pingree in Detroit Bishop Bonacum of Lincoln, Neb has appealed to Archbishop Mar ine from the decision against him by Metropolitan court of Dubuque in controversy with priects. The North Dakota bouse of represent tatives has passed abil extending from three months to one ear u.e. period of residence in that state neces SELV for person who for

18. May 7, 1897 The Mitchell Capital Mitchell, SD
Article from The Mitchell Capital, May 7, 1897

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# Clever $100 Counterfeit. A marvelous counterfeit $100 bill of the series of August 10, 1892, is now in possession of the receiver of the defunct Mullan-phy Bank, St. Louis, Mo. It is printed on genuine government bank note paper, and is such a clever imitation that it has twice passed through the treasury department and has been reported genuine on each occasion. The bill is well worn and one mistake in printing appears upon the back. Where the numerals "100" are printed in double column on one end they read "001." Many of these bills are thought to be in circulation.

19. May 13, 1897 The Middleburgh Post Middleburg, PA
Article from The Middleburgh Post, May 13, 1897

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# A Wonderful Counterfeit. A marvelous counterfeit one-hundred-dollar bill if the series of August 10, 1862, is now in possession of Receiver W. J. Stone, of the defunct Mullanphy Bank, of St. Louis, Mo. It is printed on genuine Government bank-note paper, and is such a clever imitation that it has twice passed through the Treasury Department, and been reported genuine on each occasion.

20. May 17, 1897 San Antonio Daily Light San Antonio, TX
Article from San Antonio Daily Light, May 17, 1897

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SETTLING UP. St. Louis, Mo., May 17-Receiver W. J. Stone of the defunct Mullanphy Savings bank, reports a final settlesooner ment will be reached much than was expected.

21. May 17, 1897 The Providence News Providence, RI
Article from The Providence News, May 17, 1897

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Settling a Bank's Affairs. St. Louis, Mo., May 17.-Receiver William J. Stone, of the defunct Mullanphy Savings, Bank reports that rapid progress is being made in winding up the affairs of the bank and that a settlement will be reached much sooner than expected. Today he will ask the circuit court for an order to make a partial settlement of the bank's affairs. He says that he will be able to pay out between. $175, 000 and $200,000 within the next few days, if the court grants the order.