Union Stock Yards bank - Saint Paul, MN

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: May 10, 1899
Location: Saint Paul, Minnesota (44.944, -93.093)

Metadata

Model: gpt-5-mini
Short Digest: 247e67c8

Response Measures

None

Description

Article (May 10, 1899) describes the bank in receivership (W. H. Sullivan, receiver) with judgments against stockholders and remaining receiver funds. No run is mentioned; bank has been closed and placed in receivership.

Events (1)

1. May 10, 1899 Receivership

Newspaper Excerpt: Judge Lewis yesterday filed a decision in the case of W. H. Sullivan, as receiver of the Union Stock Yards bank, against the stockholders, and ordering judgment on their respective liabilities ... The receiver has $18,625 remaining to apply on claims.
Source: newspapers

Newspaper Articles (1)

1. May 10, 1899 The Saint Paul Globe Saint Paul, MN

Article from The Saint Paul Globe, May 10, 1899

Click image to open full size in new tab

Article Text

# AGAINST HOLDERS OF STOCK. Judgments Against Share Owners in the Stockyards Bank. Judge Lewis yesterday filed a decision in the case of W. H. Sullivan, as receiver of the Union Stock Yards bank, against the stockholders, and ordering judgment on their respective liabilities as follows: William Dawson, $5,465.87; William Dawson Jr., $8,716.07; R. A. Smith, $1,465.87; C. W. Copley, $465.87, and J. J. Flanagan, $2,500. Judgments had previously been entered by stipulation against Ansel Oppenheim for $5,000 and against Arnold Kalman for $341.44 and were satisfied prior to the suit. The court finds that dividends to the amount of 62 per cent have been paid, and claims aggrgating $101,837.37 have been allowed. The receiver has $18,625 remaining to apply on claims. Smith and the Dawsons are insolvent, and W. G. Denny is a non-resident of the state.