Seattle Savings Bank (Seattle, WA)

Episode Information

Episode Type
Suspension โ†’ Closure
Start Date
January 5, 1894
Location
Seattle, Washington (47.606, -122.332)
Bank Type
savings

Metadata

Notes

Contemporaneous articles refer to a receiver and receiver's report indicating the bank was in receivership.

Events (2)

1. January 5, 1894 Receivership
Newspaper Excerpt
the receiver's report showed an excess of $87,000 assets above liabilities
Source
newspapers
2. October 28, 1894 Other
Newspaper Excerpt
D. A. Spencer, receiver, vs. Seattle Savings bank - November 13 (case set for trial)
Source
newspapers

Newspaper Articles (2)

Article from Idaho County Free Press, January 12, 1894

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Article Text

FAILED TO RAISE BONDS

Edmiston, the Bank Wrecker, Still in Custody of the Sheriff. WALLA Walla, Jan. 5.-J. K. Edmiston has not yet made any effort to procure bonds for his release and is still in the custody of the sheriff. One of the recent employes of the Seattle Savings Bank of Seattle says that Mr. Edmiston's presence in Idaho is easily accounted for. The land examiner for the bank, John L Austin, was at Idaho Falls, Idaho, and Mr. Edmiston was evidently going there to confer with him in regard to securities. He stated that it was only a question of time when the Seattle bank would pay dollar for dollar, as the receiver's report showed an excess of $87,000 assets above liabilities, a


Article from The Seattle Post-Intelligencer, October 28, 1894

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Article Text

Cases Set for Trial

The following cases were assigned for trial by Judge Osborn yesterday: D. N. Taylor vs. M. F. Nelson et al.-November 12. D. A. Spencer, receiver, vs. Seattle Savings bank-November 13. D. A. Spencer, receiver, vs. Seattle -National bank-November 13. John H. Powell vs. Charles F. Fishback -November 14. T. P. Dyer vs. R. R. Drummond et al.November 14. Bay View Brewing Company vs. M. A. Morse-November 16. C. F. Le Ballister vs. Port Discovery Mill Company et al.-November 16.