9869. Allemania bank (Saint Paul, MN)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
June 25, 1904
Location
Saint Paul, Minnesota (44.944, -93.093)

Metadata

Model
gpt-5-mini
Short Digest
7887b974

Response Measures

None

Description

Articles report the Allemania Bank as insolvent and under a receiver; receiver bringing suits against stockholders in 1904–1905. No article describes a run or reopening; bank appears closed and in receivership.

Events (2)

1. June 25, 1904 Receivership
Newspaper Excerpt
Receiver's Claim Barred by Statute ... William F. Hunt, as receiver of the Allemania bank, of St. Paul ... the receiver of an insolvent bank ... Order affirmed.
Source
newspapers
2. April 6, 1905 Receivership
Newspaper Excerpt
William Hunt, receiver of the defunct Allemania bank in St. Paul, has brought suit for $55,000 against William Hamm ... alleged that Hamm ... assigned 544 shares of its stock to avoid liability.
Source
newspapers

Newspaper Articles (2)

Article from The Saint Paul Globe, June 25, 1904

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Article Text

Receiver's Claim Barred by Statute The Ramsey county district court is sustained in its judgment against William F. Hunt, as receiver of the Allemania bank, of St. Paul, in his suit against M. Doran, to recover stock liability of $1,000 as a result of the bank failure. The syllabus says: Action by the receiver of an insolvent bank to enforce a stock liability against a stockholder who transferred his stock before any proceedings were instituted for the appointment of a receiver. Held, that as to the material facts found by the trial court, its findings are sustained by the pleadings and the evidence, and that its conclusion from such facts that this action is barred by the statute of limitations is correct. Order affirmed. / -Start, C. J.


Article from The Minneapolis Journal, April 6, 1905

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Article Text

# RECEIVER SUES STOCKHOLDER. William Hunt, receiver of the defunct Allemania bank in St. Paul, has brought suit for $55,000 against William Hamm, the brewer. It is alleged that Hamm, when he found the bank to be insolvent, assigned 544 shares of its stock to avoid liability.