9877. Germania State Bank (Saint Paul, MN)

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: July 17, 1899
Location: Saint Paul, Minnesota (44.944, -93.093)

Metadata

Model: gpt-5-mini
Short Digest: f76cf9c1

Response Measures

None

Description

The articles report the Germania State Bank was closed on July 17, 1899 by State Examiner Pope. They reference a prior heavy run and closure in January 1897 followed by reorganization, but no contemporaneous run is reported in these items. Closure is described as by the state examiner (government action); one article notes it was closed at the request of its board with the examiner in charge. No reopening or receivership assignment is mentioned in the provided texts.

Events (1)

1. July 17, 1899 Suspension

Cause: Government Action
Cause Details: Closed by State Bank Examiner Pope (state examiner); one report says closed at request of its board and the state examiner is in charge.
Newspaper Excerpt: The Germania State Bank ... was closed to-day by State Examiner Pope.
Source: newspapers

Newspaper Articles (8)

1. July 17, 1899 Santa Fe New Mexican Santa Fe., Santa Fe, NM

Article from Santa Fe New Mexican, July 17, 1899

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Article Text

Bank's Second Failure. St. Paul, Minn., July 17.-The Germania State Bank, capitalized at $200,000, was closed to-day by State Examiner Pope. After sustaining a heavy run two and a half years ago, the bank closed in January, 1897, was reorganized, and has been doing business nearly two years. The closing to-day was a surprise to the public.

2. July 17, 1899 Las Vegas Daily Optic Las Vegas, NM

Article from Las Vegas Daily Optic, July 17, 1899

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Article Text

A St. Paul Bank Closes. ST. PAUL, Minn., July 17.-The Germania state bank, capitalized at $200,000, was closed today by State Examiner Pope. After sustaining a heavy run two and a half years ago, the bank closed January, 1897, was reorganized and has been doing business nearly two years. Its closing today was a surprise to the public.

3. July 17, 1899 The Topeka State Journal Topeka, KS

Article from The Topeka State Journal, July 17, 1899

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Article Text

St. Paul Bank Closed. St. Paul, Minn., July 17.-The Germania State bank, capitalized at $200,000, was closed today by State Bank Examiner Pope. After sustaining a heavy run two and a half years ago the bank was closed in January, 1897. However, with the new capital the institution was reorganized and has been doing business for nearly two years. The closing of the bank today was a surprise to the general public. The last statement showed deposits $499,000; cash on hand, $61,000; total assets, $821,406.23.

4. July 18, 1899 The Record-Union Sacramento, CA

Article from The Record-Union, July 18, 1899

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Article Text

A Minnesota Bank Failure. ST. PAUL, July 17.-The Germania State Bank, capitalized at about $200,000, was closed to-day by Stafe Examiner Pope. After sustaining a heavy run two and a half years ago, the bank was closed in January, 1897. However, with new capital the institution was reorganized, and has been doing business for nearly two years. The closing of the bank was a surprise. The last statement showed deposits, $499,000; cash on hand, $61,000; total assets, $821,406.23.

5. July 18, 1899 Barre Evening Telegram Barre, VT

Article from Barre Evening Telegram, July 18, 1899

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Article Text

Minnesota Bank Fails. St. Paul, July 18. - The Germania State bank. capitalized at $200,000. has been closed by State Examiner Pope. After sustaining a heavy run 2½ years ago the bank was closed in January, 1897. However, with new capital the institution was reorganized and has been doing a moderate business for two years. The last statement showed deposits of $499,000; cash on hand, $61,000; total assets, $821,406.

6. July 18, 1899 The Wheeling Daily Intelligencer Wheeling, WV

Article from The Wheeling Daily Intelligencer, July 18, 1899

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Article Text

St. Paul Bank Closed. ST. PAUL, Minn., July 17.-The Germania State bank, capitalized at $200.000, was closed by State Examiner Pope. After sustaining a heavy run two and a half years ago the bank was closed in January, 1897. However, with new capital the institution was reorganized and has been doing n moderate business for two years. The last statement showed deposits of $449,000; cash on hand, $61,000; total assets, $821,406.

7. July 18, 1899 Wheeling Register Wheeling, WV

Article from Wheeling Register, July 18, 1899

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Article Text

ST. PAUL BANK CLOSED. ST. PAUL, Minn., July 17.-The Germania State Bank,. capitalized at $200,000, was closed by State Examiner Pope. After sustaining a heavy run two and a half years ago the bank was closed in January, 1897. However, with new capital the institution was reorganized and has been doing a moderate business for two years. The last statement showed deposits of $499,000, cash on hand $61,000, total assets $821,406.

8. July 21, 1899 The Goodland Republic Goodland, KS

Article from The Goodland Republic, July 21, 1899

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Article Text

A Bank at St. Paul Closed. St. Paul, Minn., July 18.-The Germania state bank, capitalized at $200,000, was closed to-day at the request of its board of directors, and the state bank examiner is in charge. After sustaining a heavy run 2½ years ago the bank was closed in January, 1897. However, with the new capital the institution was reorganized and has been doing business for nearly two years.