9722. City Bank (Minneapolis, MN)

Bank Information

Episode Type
Run → Suspension → Closure
Bank Type
state
Start Date
January 15, 1896
Location
Minneapolis, Minnesota (44.980, -93.264)

Metadata

Model
gpt-5-mini
Short Digest
faaf02c9

Response Measures

Full suspension, Books examined

Other: Receiver appointed and multiple dividend payments to creditors over following years.

Description

City Bank (Minneapolis) posted notice Jan 15, 1896 that it was temporarily closed due to heavy withdrawals and inability to collect notes. Bank examiner took charge, a receiver was later appointed and the bank remained in receivership with dividends paid — i.e., permanent closure. Cause: bank-specific weakness/inability to collect paper precipitating heavy withdrawals (a depositor run).

Events (6)
1. January 15, 1896 Run
Cause
Bank Specific Adverse Info
Cause Details
Heavy withdrawals precipitated by the bank's known weakness and inability to collect on notes; depositors withdrew funds.
Measures
Posted notice of temporary closure; called in state bank examiner; suspended operations to allow examination.
Newspaper Excerpt
Owing to heavy withdrawals of deposits ... this bank is temporarily closed
Source
newspapers
2. January 15, 1896 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Suspension was due to heavy withdrawals and inability to collect notes; state bank examiner took charge for examination.
Newspaper Excerpt
The City Bank ... posted the following notice on its doors: 'Owing to heavy withdrawals of deposits, and inability to collect on notes, this bank is temporarily closed, to allow the Superintendent of Banks to examine into its condition.'
Source
newspapers
3. January 17, 1896 Receivership
Newspaper Excerpt
It is now in the hands of Mr. Kenyon and his assistants, and an examination is being made. ... Judge Jamison took up the application for a receiver for the City bank ... continued it for one week. (Later articles refer to receiver David C. Bell.)
Source
newspapers
4. January 26, 1896 Other
Newspaper Excerpt
A statement of the assets and liabilities of the City Bank, filed yesterday, shows the assets to be $481,995 and the liabilities $437,313. The bank examiner has discovered that three days before the suspension many thousands of dollars were drawn out in the form of promissory notes. A total of $57,470 was loaned to directors ...
Source
newspapers
5. June 11, 1897 Other
Newspaper Excerpt
D. C. Bell as receiver of the city bank of Minneapolis, has sued A. F. and G. H. Dodge to recover on a promissory note for $22,500.
Source
newspapers
6. July 9, 1899 Other
Newspaper Excerpt
Arrangements have all been made for paying off the indebtedness of the City Bank of Minneapolis. ... W. R. Cray was appointed a receiver to collect and hold that money.
Source
newspapers

Newspaper Articles (22)
1. January 15, 1896 Evening Star Washington, DC
Article from Evening Star, January 15, 1896

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Article Text

Minneapolis Bank Suspends. MINNEAPOLIS, Minn, January -The City Bank, one of the smaller state banking institutions of this city, suspended payment this morning, pending an examinstion by the state bank examiner. The institution has been known to be weak for some time. T. J. Buxton is president and Fred. A. Smith cashier. The capital is $300,000. The deposits at the last statement, December 13, 1895, were $523,604; loans and discounts, $678,787; cash on hand and due from banks, $146,393.

2. January 16, 1896 Richmond Dispatch Richmond, VA
Article from Richmond Dispatch, January 16, 1896

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MINNEAPOLIS BANK CLOSES. It Is Only for the Purpose of Being Examined, However. MINNEAPOLIS. MINN., January 15.-The City Bank this morning posted the following notice on its doors: "Owing to heavy withdrawals of deposits, and inability to collect on notes, this bank is temporarily closed, to allow the Superintendent of Banks to examine into its condition. The capital is $300,000, and the deposits December 31st were $500,000. No serious trouble is anticipated." Bank-Examiner Kenyon was in Minneapolis Monday, and at that time examined the condition of the bank. He then advised the officers not to suspend, as the bank was perfectly solvent, according to his statement, even if less than 75 per cent. were collected on the paper it holds. However, the withdrawal of deposits, which has been going on for the last few days. left the bank powerless, and this morning it found itself forced to discontinue operations. It is now in the hands of Mr. Kenyon and his assistants, and an examination is being made. T. J. Buxton is president; A. H. Linton, vice-president: and L. T. Buston, assistant cashier. The bank was organized in October, 1872.

3. January 16, 1896 Birmingham State Herald Birmingham, AL
Article from Birmingham State Herald, January 16, 1896

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A "Busted" Bank. Minneapolis, Minn., Jan. 15.-The City bank this morning posted the following on its doors: "Owing to heavy withdrawals of deposits and inability to collect on notes, this bank is temporarily closed to allow the superintendent of banks to examine into its condition. The capital is $300,000, and deposits December 13 were $500,000. No serious trouble is anticipated." Bank Examiner Kenyon was in Minneapólis Monday, and at that time examined the condition of the bank. He advised the officers not to suspend, as the bank was perfectly solvent, according to his statement, even if less than 75 per cent were collected on the paper it holds. However, the withdrawal of deposits, which has been going on for the last few days, left the bank powerless, and this morning it found itself forced to discontinue operations. It is now in the hands of Mr. Kenyon and his assistants, and an examination is being made. T.J. Buxton is president; A. H. Linton, vice-president, and L. T. Buxton, assistant cashier. The bank was organized in October, 1872.

4. January 16, 1896 The Morning News Savannah, GA
Article from The Morning News, January 16, 1896

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BANK DOORS SHUT. Heavy Withdrawals of Deposits and Inability-to Collect. Minneapolis, Minn., Jan. -The City Bank this morning posted the following notice on the door: "Owing to heavy withdrawals of deposits and inability to collect on notes, this bank is temporarily closed, to allow the superintendent of banks to examine into its condition. The capital is $300,000, and the deposits on Dec. 13 were $500,000. No serious trouble is anticipated." Bank Examiner Kenyon was in Minneapolis Monday, and at that time examined the condition of the bank. He then advised the officers not to suspend, as the bank was perfectly solvent, according to his statement, even if less than 75 per cent. were collected on the paper it holds. However, the withdrawal of deposits, which has been going on for the last few days, left the bank powerless, ,and this morning it found itself forced to discontinue operations. It is now in the hands of Mr. Kenyon and his assistants, and an examination is being made. T. J. Buxton is president; A. H. Linton, vice president, and L. T. Buxton, assistant cashier. The bank was organized in October, 1872.

5. January 16, 1896 The San Francisco Call San Francisco, CA
Article from The San Francisco Call, January 16, 1896

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DEPOSITORS CAUSE ITS FALL. Withdrawais Precipitate the Failure of a Minneapolis Bank. MINNEAPOLIS, MINN., Jan. 15.-As soon as business hours had opened in banking circles this morning the announcement was made that the City Bank on the corner of Third street and Hennepin avenue had closed its doors. Among bankers and those in a position to know there was general credence given to the statement from the City Bank officials that the bank stood good for every cent of its deposits, and that it had been forced to suspend its business by the withdrawal of heavy deposits and inability to collect its notes. Bank Examiner Kenyon was in Minneapolis Monday and at that time examined the condition of the bank. He then advised the officers not to suspend, as the bank was perfectly solvent, according to his statement, even if less than 75 per cent were collected on the paper it holds. However, the withdrawal of deposits, which has been going on for the last few days, left the bank powerless, and this morning it found itself forced to discontinue operations. It is now in the hands of Mr. Kenyon and his assistants, and an examination is being made. T. J. Buxton is president of the City Bank; A. H. Linton, vice-president, and L. R. Buxton, assistant cashier. The bank was organized in October, 1872.

6. January 17, 1896 Great Falls Weekly Tribune Great Falls, MT
Article from Great Falls Weekly Tribune, January 17, 1896

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Another Crash in Minneapolis, MINNEAPOLIS, Jan. 16.- Owing to 8 run on the Irish-American I ank, on account of the failure yesterdav of the City bank. it was closed at noon today and ie

7. January 17, 1896 St. Paul Daily Globe Saint Paul, MN
Article from St. Paul Daily Globe, January 17, 1896

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To Enforce Liability. The fight to enforce the liability of stockholders of the suspended City bank was begun yesterday in the district court. Whitall & Siddalls, creditors of the corporation to the extent of something like $200, appear as interveners ni the action of the Minneapolis Base Ball company, asking in behalf of the creditors that all assets of the bank be sequestered to the end that from the proceeds therefrom the attorneys' fees and costs of the proceedings, together with the claims of all creditors, be satisfied pro tento. It is also asked that some suitable person be appointed as receiver. Judge Jamison took up the application for a receiver for the City bank yesterday morning, and after hearing arguments in the matter, continued it for one week.

8. January 17, 1896 The Record-Union Sacramento, CA
Article from The Record-Union, January 17, 1896

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COULDN'T HOLD OUT. Heavy Demands Cause a Minneapolis Bank to Close Its Door. MINNEAPOLIS, Jan. 15.-As soon as business hours had opened in banking circles this morning the announcement, was made that the City Bank, on the corner of Third and Hennepin avenues, had closed its doors. Among bankers and those in a position to know, there was general credence given to the statement from the City Bank officials that the bank stood good for every cent of its deposits, and that it had been forced to suspend its business by the withdrawal of heavy deposits and inability to collect its notes.

9. January 18, 1896 The Diamond Drill Crystal Falls, MI
Article from The Diamond Drill, January 18, 1896

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LATER. Hon. A. J. Balfour, first lord of the treasury, speaking at Manchester, England, said that nobody wanted to run contrary to the Monroe doctrine. In fact, he continued, if Venezuela had offered herself for annexation to Great Britain, any British statesman would decline such an honor. The business portion of Pleasant Green, Mo., was destroyed by fire. In a family quarrel at their home near Jonesboro, Tenn., Joseph P. Dove and one of his sons and a daughter were killed. W. L. Moody, brother of Dwight L. Moody, the evangelist, died in Kansas City, Mo., the result of injuries received in a railroad accident. He was a stockman and lived at Gardner, Kan. The government bond syndicate organized in New York by J. P. Morgan & Co., was dissolved. The failure of Keen, Sutteriee & Co., leather dealers in Philadelphia, for $4,000,000, carried down four other dealers, with aggregate liabilities of $400,000. The Bank of Wauneta, Neb., failed to open its doors. The two houses of the Ohio legislature in joint session confirmed their respective acts in electing J. B. Foraker United States senator, his term to begin March 4. 1897. The steamship Cesgar of Barcelona sunk in collision with the German ship Nereus off Ramsgate and 19 of its crew were drowned. Near Fort Holmes, O. T., four outlaws met death at the hands of a vigilance committee composed of ranchers. Premier Greenway's liberal government was returned to power in Manitoba by a large majority. The school issue was the only one of the fight and national schools have won the day. The City bank in Minneapolis, Minn., suspended payment with liabilities of $130,000. Washington, Jan. 16.-Senator Mills' speech on finance, with frequent direct criticisms of the president and secretary of the treasury, was the main feature of yesterday's session of the senate. Senator Peffer followed with a speech against bonds and in favor of silver coinage. Another day was consumed by the house in oratory upon the pension appropriation bill, in the course of which the policy of the present administration towards the veterans was scored by both republicans and democrats and defended by two or three democrats.

10. January 23, 1896 The Worthington Advance Worthington, MN
Article from The Worthington Advance, January 23, 1896

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DOMESTIC. The banks at Blue Springs and Stratton, Neb., closed their doors. The Ketcham Lumber company in Chicago made an assignment with liabilities of $275,000. Gov. Upham issued a call for a special session of the Wisconsin legislature to meet February 14 to reapportion the state. A call was issued for all the Christian organizations in the United States to send delegates to a national Christian convention at Washington, D. C., to meet on Saturday, February 22, 1896, to consider the deplorable condition of Armenia. Commander Ballington Booth. who for nine years has been in supreme command of the Salvation Army in the United States, was ordered by his father to return to England. The American Savings and Loan association went into the hands of a receiver at Minneapolis with heavy liabilities. The superintendent of public schools at Perry, O. T., as a last resort to prevent mixed schools ordered every school closed. A new counterfeit $20 bill on the South Bend (Ind.) national bank was in circulation in that city. Charles W. Landell, manufacturer of glazed kid and morocco leather in Philadelphia, failed for $150,000. Brig. Gen. Charles A. Heckman. a veteran of the Mexican war and the rebellion, died at his home in Germantown, Pa., aged 73 years. The business portion of Pleasant Green, Mo., was destroyed by fire. In a family quarrel at their home near Jonesboro, Tenn., Joseph P. Dove and one of his sons and a daughter were killed. The government bond syndicate organized in New York by J. P. Morgan & Co., was dissolved. The failure of Keen, Sutterlee & Co., leather dealers in Philadelphia, for $4,000,000, carried down four other dealcrs, with aggregate liabilities of $400,000. The Bank of Wauneta, Neb., failed to open its doors. After a cataleptic sleep of seven years, William Depue, a prominent citizen of Bushkill, Pa., suddenly returned to consciousness and good health. C. T. Eberts, a dentist at Holt, Mo., kissed the wife of a business man while filling her teeth, and was chased out of town by indignant citizens. W. L. Moody, brother of Dwight L. Moody, the evangelist, died in Kansas City, Mo., the result of injuries received in a railroad accident. He was a stockman and lived at Gardner, Kan. Near Fort Holmes, O. T., four outlaws met death at the hands of a vigilance committee composed of ranchers. The City bank in Minneapolis, Minn., suspended payment with liabilities of $150,000. Seidenberg, Stieffel & Co., cigar manufacturers in New York, failed for $275,000. At the meeting in Washington of the democratic national committee it was decided to hold the national convention in Chicago on July 7. The Irish-American bank closed its doors at Minneapolis, Minn. Gen. Ballington Booth has purchased a farm in Bergen county, N. J., to be used as a home for worn-out Salvation Army officers.

11. January 24, 1896 The Pioneer Express Pembina, ND
Article from The Pioneer Express, January 24, 1896

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OWING TO A RUN, Precipitated by the Failure of the City Bank in Minneapolis. Minneapolis, Jan. 18.-Owing to a heavy run precipitated by the City Bank failure of yesterday, the IrishAmerican Bank closed its doors at noon. The bank examiner is in charge, and as yet it is impossible to get any satisfactory statement of the bank's affairs. The officers of the bank are: President, J. S. Coughlin; vice president, J. E. Gould; cashier, J. C. Scallen. James H. Bishop, of the AmerIcan Savings and Loan, is one of the directors. The American carried a big deposit in the Irish-American, which may have been a factor in the bank's action. The paid capital of the IrishAmerican was $100,000, and in a statement of its condition at the end of business Dec. 13, 1893, the resources and liabilities balance at $554,684.26. The heaviest liabilities are demand certificates of deposit, 39,000.22; time certificates of deposit, $176,866.64; individual deposits subject to check, $109,919.38; total, $385,786.24. Amount due to other banks, rediscounts and bills payable, foot up at $50,000. The heaviest item among the assets is loans and discounts, $427,959.16. There is also about $33,000 worth of real es. tate.

12. January 25, 1896 The Coeur D'alene Press Coeur D'alene, ID
Article from The Coeur D'alene Press, January 25, 1896

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Seven people are dead and two injured. The officers of the tug tell a harrowing story of the wreck and of the crew and its surroundings as found by them. The interest of American millers is centered in the next meeting of the executive committee of the National Millers' Trade Association, to be held January 27, in Chicago. Millers have recently practically decided upon a persistent agitation for reciprocity with South American countries, and will make a determined effort for the repeal of that portion of the tariff law which they think conflicts with the flour interests of the United States. B. A. Hart, a member of the association, says the prospect of the Cubans gaining their independence will have a tendency to promote commercial relations between the new republic and this country. Canada is to have a naval reserve. The Pawnee Indians in Oklahoma territory have all left their farms, and have gone to ghost dancing. Peter Hougaard, believed to have been insane, killed himself and his wife and five children in Chicago. Despite the order of the court, colored children were denied admission to the public schools in Perry, O. T. Vigorous search is being conducted for the hidden wealth of an old Spaniard, who died some years ago in Los Angeles. The matter of the Behring sea arbitration treaty is at last in a fair way to be settled, Canada having agreed to its terms. The Occidental college at Los Angeles, Cal., a Presbyterian institution, has been consumed by fire. The loss is $70,000, partly insured. The overtaxation of the public architect's office is given as the reason for the delay in the construction of the Portland, Or., public building. Colonel Ingersoll, the great infidel, has been extended an invitation to preach in a Chicago church, and to give his views of ideal Christianity. Through the cheapness of corn, American distillers, for the first time in ten years, can successfully compete in the French market with the Germans. It has been authoritatively announced that the Yale management has decided to abandon the project of a race with Oxford-Cambridge crews, of London. The candidacy of Senator Alliison is announced for nomination on the Re publican ticket for the presidency. Iowa's congressional delegation is solid for him. The second coming of the Redeemer has been prophesied again by the an evangelist of Baltimore, who thinks the present war talk is the beginning of the millenium. The sultan of Turkey has issued a decree prohibiting the distribution of funds collected in this country by the Red Cross Society for the relief of suffering Armenians. A dispatch from London says the statements made in the Italian newspapers that Great Britsin had ceded Zilah, on the Straits of Babel-Mandeb, to Italy, is officially denied. A dispatch from Vienna says Count Thun, governor of Bohemia, has resigned, and that his resignation is expected to lead to a healing of the breach between the young Czehs and the Germans. The Gloucester fishing schooner Fortuna sunk in a colision with the Boston Fruit Company's steamer Barnstable, off Highland light, Boston harbor. Nine of the Fortuna's crew were drowned and fourteen saved. The Prussian diet has been opened. The speech from the throne was devoted to domestic affairs. It is estimated the budget of 1896 will show a smaller deficit than that of 1895, owing to increased receipts due to improving trade. Mail advices from Hawaii state that friends of the ex-queen are anxious for war between England and the United States, believing that in the event of such hostilities England would seize the Hawaiian islands and restore Lihuokalani. A cablegram from Prague announces the death of "Charles Jonas, United States consul at Crefeld, Germany. Mr. Jonas was formerly consul at St. Petersburg, but exchanged positions with John Karel. He was at one time lieutenant-governor of Wisconsin. The certainty of the settlement of the Venezuela boundary dispute is still in doubt, since Venezuela repeatedly affirms that it is impossible for her to compromise the boundary claims by any treaty or convention, because of the terms of her national constitution. The City bank, of Minneapolis, a state banking institution, suspended payment this week, pending examination. The capital stock is $800,000. The deposits at the last statement, December 31, 1895, were $523,604. It is claimed the depositors will be paid in full. "There is a general opinion," says a letter to a Boston tobacco dealer, "both among insurgents and Spaniards, that General Campos has become demented. His actions, not only in the direction of the campaign, but his private and ordinary doings are such as to give good grounds for this belief."

13. January 26, 1896 New-York Tribune New York, NY
Article from New-York Tribune, January 26, 1896

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TROUBLES OF BUSINESS MEN. Memphis, Jan. 25.-The Clarksdale Bank and Trust Company, of Clarksdale, Miss., made a partial assignment to Walter P. Holland this morning. The complete statement of assets and liabilities is not yet known, but it is thought all depositors will be paid. The liabilities to other banks amount to $42,000; Memphis National Bank, $20,000; Continental National Bank of Memphis, $10,000; Mercantile Bank, Memphis, $1,500; Louisville Banking Company, $5,700; Chemical National Bank, New-York, $5,000. It is probable that the amount due depositors will reach $50,000. Columbus, Ohio, Jan. 25.-W. H. Bedine, bank examiner, has discovered $129,000 overdrafts in the Farmers' National Bank of Portsmouth, Ohio, reported closed a few days ago. Chicago, Jan. 25.-The Hogg-Anderson Woollen Company, wholesale dealers in woollens, have confessed judgment for $50,000. Mendota, Ill., Jan. 25.-John Wade. a well-known stock dealer of Lamoille, has made an assignment. Estimated liabilities. $36,000; assets, $13,000. Metamora, III., Jan. 25.-The assignee of Peter Schertz, a banker and grain dealer, who recently failed, made a statement yesterday showing the liabilities to be $102,000 and the assets $80,000. Minneapolis, Jan. 25.-A statement of the assets and liabilities of the City Bank, filed yesterday, shows the assets to be $481,995 and the liabilities $437,313. The bank examiner has discovered that three days before the suspension many thousands of dollars were drawn out in the form of promissory notes. A total of $57,470 was loaned to directors and the total deposits of the stockholders were but $7,500.

14. January 28, 1896 St. Paul Daily Globe Saint Paul, MN
Article from St. Paul Daily Globe, January 28, 1896

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MINNEAPOLIS. MINNEAPOLIS GLOBULES. The suit of Louisa La Belle for divorce from William La Belle was dismissed in Judge Kerr's court. The ever popular "Fantasma" opened to bigger business than ever at the Bijou yesterday. There will be a popular-priced matinee tomorrow. There are forty cases on the jury calendar which should have been taken up before now. The court house was swarming with lawyers yesterday morning. A dwelling house at 2720 Thirteenth avenue south was entered by sneak thieves Sunday night while the family were away and a quantity of silverware stolen. An order was issued yesterday morning by Judge Jamison allowing the assignee of the Irish-American bank until Feb. 3 to prepare a schedule of assets and liabilities. The regular meeting of the Ishwara Theosophical society will be held this evening at 8 o'clock at 939 Guaranty Loan building. Subject, "Evolution," a paper written by Dr. J. W. B. LaPierre. City Comptroller Nye was at his desk yesterday morning after an absence of ten days in the East, during which he disposed of the reservoir bonds to Lamprecht Bros.' company at their bid of $208,042. The Methodist divines, at their meeting at the Hennepin Avenue church yesterday morning, first listened to and then discussed a paper by Rev. E. P. Robertson on the "Intellectual Satisfaction of the Religious niverse.' George A. Bracket has filed a claim against the city for $350, alleged to have been paid out in taxes from 1887 to Oct. 1895, on a strip of ground 9x59 feet, between Second avenue south and Washington avenue, in "Lock-up" alley. Peter P. Swenson was the first witness in the Weitzner, Gruenberg & Co. case yesterday, but he had not given any testimony before the court was adjourned until this morning. The case seems to be fated, for now it is P. J. McLaughlin, one of the attorneys for the plaintiff, who is ill. City Engineer F. W. Cappelen will address the Engineers' club, of the state university, this evening on the "Public Water Supply of Minneapolis." The meeting will be held in the lecture room of the department of physics at 8 o'clock. J. F. Kellogg, of Fond du Lac, Wis., is here to start a yeast factory. He is an expert in this business, and his product already has a good reputation on the market. The name of the new concern will be the Minneapolis Yeast company. Judge Charles M. Pond has extended the stay of proceedings in the case of Jennette W. Hale against the Life Indemnity and Investment company, now called the Iowa Life Insurance company, until and including Saturday, Feb. 1, 1896. The receiver of the City Bank has notified all depositors to bring their pass books to him that they may all be balanced up, and the work of preparing the schedules facilitated. It is not thought the schedules can be prepared before next week Monday. The armistice which was declared between the two factions of the house of Fred W. Eastman has been shortlived, and Mrs. Eastman, through her attorneys, Shaw, Cray, Lancaster & Baxter, has again commenced suit for absolute divorce from her husband, together with suitable alimony, the custody of their one child and attorney's fees. There was scarcely a vacant seat in the Metropolitan, Minneapolis, last night when the curtain went up on the elaborate production of Palmer Cox's "Brownies," and before the final transformation it is safe to say that there was not a person in the theater but was a fervent admirer of the gorgeous spectacle. The "Brownies" has been staged with a lavish hand, and in the selections of characters to represent the odd characters of Mr. Cox's creation the management have made excellent choice.

15. February 17, 1896 St. Paul Daily Globe Saint Paul, MN
Article from St. Paul Daily Globe, February 17, 1896

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MINNEAPOLIS MINNEAPOLIS GLOBULES, R. P. Russell's condition remained about the same Saturday. He spent a very poor forenoon, but during the afternoon his condition improved somewhat and he rested quite comfortably. Washington's birthday, the 22d, will be celebrated by the people of St. Charles' church, under Father Cleary's direction, at Labor Temple hall. The musical part of the programme will be very attractive. Martha Atlen Hoffenbrodll, wife of Edward Hoffenbrodll and daughter of Henry Bachman, died Saturday at her residence, 18 West Fourteenth street, at the age of twenty-eight. The funeral announcement will be made later. German comedy drama, "The Alsatian," a style of dramatic diversion which has always been favored with strong local popularity, will afford the theatrical menu at the Bijou the present week. The engagement opened with a matinee performance yesterday. One of the largest of the winter social functions in Jewish circles will be the Purim Dimity ball to be given on the evening of Februar 27, at Masonic Temple, under the auspice of the Hebrew Reform congregation. David C. Bell, receiver of the City bank, is pushing for an early dividend to the creditors. He has notified all depositors to call for their pass books at his office, No. 508 Bank of Commerce building, and promptly prove up their claims. On Wednesday, the wedding of Miss Eugenia Cole, the daughter of Emerson Cole, and Alvin Poehler will be celebrated at the home of the bride, in Oak Grove. The ceremony will be performed in the presence of about 100 relatives and intimate friends of the young people. Twenty-eight annual meeting of the Woman's Christian association will be held at the Friends' church, corner of First avenue and Fourteenth street, Tuesday, the 25th inst., at 2:30 p. m. The exercises will interest both gentlemen and ladies. The Populists are trying to get together in Hennepin county and find out where they are at. What is known as the People's Party State League of Hennepin county will meet at room 421 New York Life building this evening, when officers will be elected. "Charley's Aunt," the clever farcical play which kept Minneapolitans in a state of continuous cachination for an entire week last season, opened at the Metropolitan last evening for the coming week with popular-priced matinees Wednesday and Saturday. Monday and Tuesday will occur the annual convention of the Minnesota State Master Plumbers' association. The outlook is said to be good for a large attendance. Matters of interest and importance to the trade will naturally come up. The hall, 12 Washington avenue north, opens at 10 a. m. today.

16. April 7, 1896 St. Paul Daily Globe Saint Paul, MN
Article from St. Paul Daily Globe, April 7, 1896

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SUPREME COURT RESUMES. April Term Calendar Will Be Called This Morning. The April term of the supreme court opens this morning at 11 o'clock, when cases will be set for trial, and some pending motions argued, possibly. The calendar this term is a comparatively small one, only 317 cases being of record. Among the interesting cases on the calendar are the receivership proceedings of the City Bank of Minneapolis, the old suits growing out of the sudden death of Cashier How, of the First National Bank of Shakopee; the Cass-Crow Wing county boundary dispute, a number of cases growing out of the failure of the N. P. Clarke Lumber company, the quarrel between the village of Wayzata and the Great Northern, Treasurer Koerner's United States Express company case, the American and Home Savings and Loan associations cases from Minneapolis. No. 1 on the calendar is, as it has been for several terms, the old suit of Russell Sage VS. The St. Paul, Stillwater & Taylor's Falls Railway Company.

17. June 12, 1897 The Saint Paul Globe Saint Paul, MN
Article from The Saint Paul Globe, June 12, 1897

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Sued Zenith City Men. Special to the Globe. DULUTH, Minn., June 11.-D. C. Bell as receiver of the city bank of Minneapolis, has sued A. F. and G. H. Dodge to recover on a promissory note for $22,500. The note is secured by a large number of lots in Kenwood Park.

18. June 20, 1897 The Saint Paul Globe Saint Paul, MN
Article from The Saint Paul Globe, June 20, 1897

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MINNEAPOLIS. OFFICE 29 SOUTH FOURTH STREET. MINNEAPOLIS GLOBULES. W. J. Gray & Co., of Minneapolis, have just secured the contract for installing an electric lighting plant at Langdon, N. D. The plant will be operated by a gas engine and will be similar to the one in successful operation at Morris, Minn. Receiver David C. Bell, of the City bank, yesterday morning secured another order from Judge Jamison permitting him to pay another 5 per cent dividend. This will make 55 per cent that has been paid by the receiver. The payment amounts to $15,723.93. The memorial services of the Knights of Pythias lodges of Minneapolis and St. Paul will be held at Wesley Methodist church this morning. Rev. Matt S. Hughes will deliver the address, and the church will be appropriately decorated for the occasion. August Anderson, a son, accompanied by a brother-in-law of Gilbert Anderson, who committed suicide Friday, visited the county morgue and made arrangements for the removal of the body to St. Paul. The funeral will be held in the latter city today. The administrators of the estate of William W. McNair have asked that a day be appointed for the settlement of the estate. The final account, filed shows that $102,171.19 has been paid to creditors, and that there is personal property to the value of $454,005.02. There is also a large amount of real estate. Capt. E. B. West, of West Point, one of the pioneers of Minnetonka and Minnesota, is lying very ill at his summer cottage. He was taken sick soon after moving over to the point, and Friday suffered from a relapse. It was reported that he was dying, but his condition is not SO bad as was feared at that time. A deed two yards long was filed in the office of the register of deeds Friday whereby for the sum of $25,000 Elisha Morse transferred to the Minnesota and Dakota Realty company all his Minneapolis realty holdings. Mr. Morse gave as his residence San Francisco, Cal., although he is in the city at present. This evening the Giffen-Neill company will begin an engagement at the Metropolitan, appearing in that delightful society drama called "A Social Highwayman." The play will run the first four nights of the week and Wednesday matinee, and for Thursday, Friday and Saturday nights and Saturday matinee the bill will be "Jim, the Penman." Elijah Baker, a car repairer, was run over by a switch engine while at work in the Northern Pacific yards at noon yesterday. He was removed to a hospital, but died in a few minutes. The body is now at the county morgue and the coroner will hold an inquest. The deceased was married and leaves a fam11y residing at 1217 Twelfth street north. The semi-annual meeting of the board of directors of the North American Telegraph company was held yesterday morning at the office of the secretary, C. M. Loring, who has been president for a number of years, and now finds that his business takes him out of the city a greater part of the year, tendered his resignation. Clinton Morrison was elected to fill the vacancy. The board declared the regular semi-annual dividend of 2½ per cent.

19. December 19, 1897 The Saint Paul Globe Saint Paul, MN
Article from The Saint Paul Globe, December 19, 1897

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MINNEAPOLIS GLOBULES. David Belasco's "The Heart of Maryland," will be given its first performance here at the Metropolitan tomorrow night. Judge Smith has made an order authorizing the assignee of J. A. Shea & Co., to sell $55,000 worth of book accounts to 0. 0. Whithead for $110, this being the highest bid received. D. C. Bell. receiver of the City bank, has declared a dividend of 5 per cent, which means that $16,000 will be distributed among the creditors. The court has ordered the dividend paid. C. A. Carlson, an employe at Elevator B. Bryant and Chestnut avenues, was hit in the head with a piece of iron yesterday morning and was badly injured. He was taken to St. Barnabas hospital. Rev. Sydney Corbett, formerly pastor of St. Mark's church, Minneapolis, and the Protestant Episcopal church of the Transfiguration, Philadelphia, died suddenly Friday night at his home in the latter city of heart disease. "At Piney Ridge," a new Southern play, from the pen of David Higgins, originally produced at the Academy of Music in New York, will be seen in this city for the first time at the Bijou, inaugurating a Christmas week's engagement, commencing this afternoon with a matinee. A petition of the stockholders of the Gladstone Electric Lighting and Power company, which has had headquarters in this city, for the dissolution of the company, was granted by Judge Johnson yesterday morning. The stockholders were John W. Kendrick, John Woods, Ruth E. Tice, Edwin S. Tice and R. H. Relf. The following committee has been appointed to make arrangements for the Democratic gathering in this city Jan. 11: C. M. Foote, P. B. Winston. J. W. Lawrence, M. Breaslauer. L. M. Rand, E. B. Clement, A. T. Ankeny, C. A. Quist, William Baldwin, G. W. Archard and W. A. Daniell. The big 36-inch mains which are to carry water to the new reservoir will begin their task by Christmas day. The castings which have delayed the inspection of the pipes are on the ground, and are being placed in posltion as fast as the weather will permit. City Engineer Cappelan thinks that everything will be ready for the test in a few days. A petition for letters of administration of the estate of Judge J. M. Shaw, has been filed with the probate court, showing that the estimated value of the estate is $75,000 of personal property, improved city property of $38,600. unimproved worth $12,615, farm property of $485 and wild land worth $300. There are four heirs: Ellen A. Shaw, Mabel Shaw Langdon, Bertha Shaw and John E. Shaw.

20. August 18, 1898 The Saint Paul Globe Saint Paul, MN
Article from The Saint Paul Globe, August 18, 1898

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Double Liability. MINNEAPOLIS, Aug. 17.-One of the most voluminous findings ever handed in to the district court came before Judge Elliott for his signature this morning, in the City bank receivership, in which the law is to be settled regarding the stockholders. The chief point in the case is that the court holds that the stockholders will be obliged to face the double liability on all stock and debts prior to Aug. 1, 1895. Subsequent to that date, when the new law went into effect, only a single liability will be assessed against the stockholders.

21. March 19, 1899 The Saint Paul Globe Saint Paul, MN
Article from The Saint Paul Globe, March 19, 1899

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MINNEAPOLIS BREVITIES. Entertainments for the benefit of Minnesota soldiers who are now in the field will be given Wednesday and Thursday evenings of this week at the Lyceum theater under the auspices of the Minneapolis Volunteers' Auxillary association. The funeral of the eight-months-old son of Mr. and Mrs. M. C. Rustad will occur from the residence, 2302 Twenty-second avenue south, this afternoon at 2 o'clock. James T. Boustead will arrive in the city Tuesday with the remains of his sister, Mrs. Bliss Symons Brackett, who died recently at Los Angeles. Bishop I. W. Joyce will preach at Western Avenue M. E. church tomorrow evening. Joseph Dupont, a druggist in Northeast Minneapolis, was arraigned in the police court this morning charged with selling liquor without a license. He pleaded not guilty. The funeral of Rose Bell Cook, daughter of Mrs. Adaline A. Cook, aged 20 years, will take place from the residence, 2815 Fourth street southeast, this afternoon. David C. Bell, receiver for the City bank, has sent out a circular to the creditors of the bank, announcing the seventh dividend of 10 per cent. The total dividends up to date, inclusive of this, the seventh, amount to 70 per cent.

22. July 9, 1899 The Saint Paul Globe Saint Paul, MN
Article from The Saint Paul Globe, July 9, 1899

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DEBTS WILL BE SETTLED. Stockholders of the City Bank Will Pay in the Money. Arrangements have all been made for paying off the indebtedness of the City Bank of Minneapolis. The association of stockholders made the proposition to the court that they would advance the money, if an order could be made allowing them to proceed against those of the stockholders who refused to pay. That this might be done, it was decided that judgments might be entered against all the stockholders at once, and the proper amount of money paid in by Aug. 5 to meet all the indebtedness. W. R. Cray was appointed a receiver to collect and hold that money, under $10,000 bonds to be approved by the court. Minor provisions were entered into for the payment of costs and attorney fees, and the whole plan of payment was decided upon. The proceeding was brought about by those who wanted the stockholders' suit ended with as little expense as possible, and the way they have gone about It will greatly. lessen the expense, while It will also cut down the earnings of the attorneys who have had the stockholders' suit in hand. The expense of making the collections from stockholders who refuse payment will come upon the stockholders.