d87be645None
Click image to open full size in new tab
State Gets $500. The receivership of the Bank of North St. Paul came up before Judge Brill yesterday on an order to show cause why the receiver should not pay over to the state treasurer all moneys on hand in excess of the amount necessary to carry on the receivership and meet the obligations that have been incurred. The receiver was ordered to pay over $500.
Click image to open full size in new tab
Douglas sent in the following communication: "In response to the resolution of the senate this department informs that body what steps or action or otherwise have been taken by the state or its officials for the recovery of the state's funds heid by suspended banks I beg to report that my predecessor, ex-Attorney General Childs, duly filed proof of the state's claim with each of the receivers of all the suspended banks in which state funds had been deposited, and brought action against the bondsmen of each of said banks, with the exception of the State bank of Minneapolis and the Bank of North St. Paul. Judgments have been entered in all pending actions, except the bondsmen of banks which have been paid in full, and except, also, the Columbia National bank of Minneapolis, the Marine National bank of Duluth and the Fillmore County bank of Preston, in which action is stiil pending. "The aggregate of those deposits of state funds at the time of their suspen-sion amounted to $485,367.49, of which there have been collected or paid into the state treasury the sum of $383,269.31, including as a part thereof $3,871.21 interest upon such deposits. There remains uncollected bills of $107,969.39. I attach hereto a statement showing the names of such banks, the dates of suspension, amounts of state deposits, bearing ic-spectively the interest collected, the total amount collected and the balance dae. The balance due the state of Minnesota is now in process of collection. (Signed) "W. B. DOUGLAS, Attorney General." The Farmers and Merchants State bank of Minneapolis and the American Ex-change bank have been sued and the state is not sanguine of recovering very much, if any, of the balances due from them. The State bank of Minneapolis owes $58,144.76 and it is not believed by the state treasurer that this will be re-covered. As to the rest of the banks the state treasurer says there is no doubt that the money will all be paid to the state, with interest. The banks now ow-ing the state which will pay are the Co-lumbia National bank of Minneapolis $1,616.80, balance due; Bank of North St Paul, $2,437.36, balance due; Marine Na-tional bank of Duluth, $2,053.98, balance due; Filimore County bank of Preston, $7,578.89 due.
Click image to open full size in new tab
Douglas sent in the following communication: "In response to the resolution of the senate this department informs that body what steps or action or otherwise have been taken by the state or its officials for the recovery of the state's funds heid by suspended banks I beg to report that my predecessor, ex-Attorney General Childs, duly filed proof of the state's claim with each of the receivers of all the suspended banks in which state funds had been deposited, and brought action against the bondsmen of each of said banks, with the exception of the State bank of Minneapolis and the Bank of North St. Paul. Judgments have been entered in all pending actions, except the bondsmen of banks which have been paid in full, and except, also, the Columbia National bank of Minneapolis, the Marine National bank of Duluth and the Fillmore County bank of Preston, in which action is still pending. "The aggregate of those deposits of state funds at the time of their suspen-sion amounted to $485,367.49, of which there have been collected or paid into the state treasury the sum of $383,269.31, including as a part thereof $3,871.21 interest upon such deposits. There remains uncollected bills of $107,969.39. I attach hereto a statement showing the names of such banks, the dates of suspension, the amounts of state deposits, bearing ie-spectively the interest collected, the total amount collected and the balance dae. The balance due the state of Minnesota is now in process of collection. (Signed) "W. B. DOUGLAS, Attorney General." The Farmers and Merchants State bank of Minneapolis and the American Ex-change bank have been sued and the state is not sanguine of recovering very much, if any, of the balances due froin them. The State bank of Minneapolis owes $58,444.76 and it is not believed by the state treasurer that this will be recovered. As to the rest of the banks the state treasurer says there is no doubt that the money will all be paid to the state, with interest. The banks now owing the state which will pay are the Columbia National bark of Minneapolis $1,616.80, balance due; Bank of North St Paul, $2,437.36, balance due; Marine National bank of Duluth, $2,053.98, balance due; Filimore County bank of Preston, $7,578.89 due.
Click image to open full size in new tab
and denied without prejudice. Percy D. Godfrey vs. Adolph BremerMotion to amend a certain judgment. Heard and submitted. Horace E. Stevens VS. Alice P. Goodrich-Application for judgment in foreclosure. Submitted. Hamm Brewing Company vs. Stephen Leutsch-Defendant ordered to appear at once and make disclosure. Foley Bros. & Kelly Mercantile Company VS. Herman Kroning-Order to show cause why defendant should not be punished for a contempt of court. Order discharged; defendant to appear. Hamm Brewing Company vs. M. Dalrymple-Motion that disclosure be taken denied on showing that the matter had been transferred to Swift county. Matter of the Receivership of the Bank of North St. Paul-Order to show cause why certain property should not be sold. Heard and granted. F. N. Dickson et al., Receivers, vs. Lynas D. Barnard et al.-AppHcation for judgment in foreclosure. Heard and granted.