982. California Savings Bank (San Diego, CA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
May 24, 1895
Location
San Diego, California (32.715, -117.157)

Metadata

Model
gpt-5-mini
Short Digest
5bebf8f6

Response Measures

None

Description

Newspaper articles report that the California Savings Bank was under a receiver (General Eli H. Murray) and that the court rendered decisions about the receiver's final report and indebtedness. No article mentions a depositor run or reopening; the bank had a receiver, indicating closure and receivership (government action). Final report was filed May 24, 1895; court decision reported Aug 2 and Aug 18, 1895.

Events (3)
1. May 24, 1895 Receivership
Newspaper Excerpt
in filing his final report on May 24 he put in an item for salary at the rate of $50 per week. ... lately in charge of that institution. General Eli H. Murray has been in control of the bank's affairs for some years and in filing his final report on May 24 ...
Source
newspapers
2. August 2, 1895 Other
Newspaper Excerpt
Judge Pierce of the Superior Court to-day rendered a decision of considerable interest in the matter of the hearing of the exceptions of directors of the California Savings Bank against the report of Receiver Murray, lately in charge of that institution.
Source
newspapers
3. August 18, 1895 Other
Newspaper Excerpt
In a Decision, the Court Held That Murray Was Indebted to the Directors in the sum of $1,898.29, Which He Afterwards Paid, and Has Been Discharged
Source
newspapers

Newspaper Articles (2)
1. August 3, 1895 The San Francisco Call San Francisco, CA
Article from The San Francisco Call, August 3, 1895

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Article Text

A SAN DIEGO DECISION. Judge Pierce Scores the Receiver of a Savings Bank. General Murray's Claim for Salary Cut in Twain by the Court. SAN DIEGO, CAL., Aug. 2.-Judge Pierce of the Superior Court to-day rendered a decision of considerable interest in the matter of the hearing of the exceptions of directors of the California Savings Bank against the report of Receiver Murray, lately in charge of that institution. General Eli H. Murray has been in control of the bank's affairs for some years and in filing his final report on May 24 he put in an item for salary at the rate of $50 per week. This, with other points in the report'

2. August 18, 1895 The Salt Lake Herald Salt Lake City, UT
Article from The Salt Lake Herald, August 18, 1895

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Article Text

# GOV. MURRAY # IN A MUDDLE. His Record as Receiver of the California Savings Bank At San Diego. # INCOMPETENCY CHARGED. Gross Carelessness was Also Clearly Shown. In a Decision, the Court Held That Murray Was Indebted to the Di-rectors in the sum of $1,898.29, Which He Afterwards Paid, and Has Been Discharged-Was in Great Distress When on the Stand