12228. First National Bank (Fargo, ND)

View Charter #2377 on SPMC

Bank Information

Episode Type
Suspension → Reopening
Bank Type
national
Bank ID
2377
Charter Number
2377
Start Date
June 1, 1893
Location
Fargo, North Dakota (46.877, -96.790)

Metadata

Model
gpt-5-mini
Short Digest
89af9f38

Response Measures

None

Description

Article 1 (1893-06-01) states the Comptroller of the Currency has ordered closed the First National Bank at Fargo, N. D. (government action suspension). Subsequent articles (1893-06-09 and 1893-06-16) describe the Fargo fire and note that the banks have opened for business and the First National is active in relief — consistent with a reopening. OCR errors corrected (e.g., punctuation and spacing). No explicit run or depositor panic described in the provided articles.

Events (4)
1. February 15, 1878 Chartered
Source
historical_nic
2. June 1, 1893 Suspension
Cause
Government Action
Cause Details
Order by the Comptroller of the Currency to close the bank (regulatory action).
Newspaper Excerpt
The Comptroller of the Currency has ordered closed the First National Bank at Fargo, N. D.
Source
newspapers
3. June 8, 1893 Other
Newspaper Excerpt
The sun rose upon a city half of which this is ashes... No bank soon as vaults will be before tomorrow opened ... the First National $500 ... the city $500. W.H M by The city $500. Douglas Colonel 4500 Have Wear. of Partial Editor Republican urea the
Source
newspapers
4. June 16, 1893 Reopening
Newspaper Excerpt
The three banks have already opened for business. ... The First National bank of Fargo, cashier Lyon ... predicts that within ninety days there will be $1,000,000 in circulation in the city.
Source
newspapers

Newspaper Articles (3)
1. June 1, 1893 Belmont Chronicle Saint Clairsville, OH
Article from Belmont Chronicle, June 1, 1893

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Article Text

GENERAL NEWS NOTES. Items of Interest Gathered From Various Quarters. s Lewis Abbott, aged 17, shot himself at Atlanta, Ga., because his father told him to quit thinking about the girls. S. M. Wheeler, proprietor of a hotel y at Orrville, is missing. Commissioner Massey, of Delaware, has resigned from the World's Fair 1 Board because the gates were voted open on Sunday. t Two coal operators at Lancaster have brought suit against the Hocking Valley Railroad because the latter cars to their furnish the former ship would not coal. Carnet, Kas., was struck by a tornado on Thursday. The United Presbyterian General Assembly is in session at Monmouth, Ill. The North Baltimore Furniture Co. has gone to the wall for $50,000. Adam Kapple was killed at Mummaville by being jerked off his feet by a cow which he was leading, and falling so as to break his neck. Believing his wife to be unfaithful, John Simison, proprietor of the hotel at New Waterford, Columbiana county, swallowed two ounces of laudanum and will hardly recover. Misses Ethel May Sellers and Carrie Logan, both of respectable parents, are mysteriously missing from their homes at Lebanon, and their friends are much concerned over their absence. Daniel Wynohan, publisher of the Toledo Public Record, was thrown in front a car a barof moving electric by tender named Charles Strohmeir and almost killed, the result of asaloon row. Ex-Governor Foster has assigned for the benefit of creditors. Liabilities $800,000; assets much less. years has as a one Fred lived Matthews, hermit, who allowing for thirty no to enter his hut, died near Ashland. An injunction to restrain the World's Fair managers from opening the gates on Sunday, has been asked for. Hoke Smith has issued an order in regard to pensions requiring the disability, not of service origin, to be such as to prevent the applicant from earning a support by manual labor. At Roanke, Ind., Christian Haberkers killed his wife because she was a Catholic, set fire to his house and then killed himself. A colony of Mohammedans are arranging to Bettle in Georgia. F. H. Milburn, a son of the blind chaplain of the U.S. Senate, committed suicide at the Saratoga Hotel, Chicago. The World's Fair was opened on Sunday. About 173,000 people attended. Cholera has again made it appearance in Hamburg. Frederick Berry, an orphan boy at Lima, committed suicide because he was sick. A number of gate keepers at the World's Fair have been discharged for withholding tickets. The Comptroller of the Currency has ordered closed the First National Bank at Fargo, N. D., and the First National Bank at Lakota, N. D. John Hoy butchered his wife and two children at New Haven, Pa., and ended up by cutting his own throat. Foster may be able to effect a settlement with the creditors of Foster & Co. so that the bank can resume. The New York Central is running a train from New York to Chicago in 20 hours. Main's show was wrecked near Tyrone, Pa., and five people were killed and ten injured on Tuesday morning. The train bearing the remains of Jeff Davis reached Richmond Tuesday night. President Cleveland has gone to Hog Island to fish. He left Washington on Decoration Day. The Montana silver statue at the Fair was unvailed Tuesday. Mrs. James G. Blaine, Jr., has married her physician, Dr. Bull.

2. June 9, 1893 Grand Rapids Herald Grand Rapids, MI
Article from Grand Rapids Herald, June 9, 1893

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Article Text

The Very Heart of the Thriving Town Is Destroyed. MISSING PERSONS SEVERAL Anxtons Relatives Pouring in Bring inz Aid to the sufferers Food and Clothing Much Needed. FARGO. N D. June 8. The sun rose upon a city half of which this is ashes Three thousand made homeless by in morning yesterday persons aside con flagration. were But few of the people, last the women and children, slept and from The school houses. churches all night. left standing were it as of shelter, said one of the public utilized not be buildings places hundreds and want driven can the flames suffered for town The good women of to out in brigades and this shelter. out turned by ones. organized Early the the unfortunate meat. flour morning feed relief trains with to arrive and other provisions began St. Paul Chi and it is said Minneapolis Milwaukee, and other cago, Duluth and send liberal contribu big cities will food although there food no needed tions actual of suffering for All Clothing is much were in a panic while the as the night the people not E diminish Haines lighted by the as sky the night/almost received of making was seemed corps organized clear here great flames miss day The relief persons w ho were many reports doubt it will develop The ing, and without of lives have been lost. fought firemen number might as as well battle have with the south against which, Niagara driven by a tierce like prairie was fire The flames, gaie, gwept through the city under control by a number o'clock fire this morning. burning though in different parts dam of tires are still will be no more north of the city strong There wind from the the age should send unless a the cinders back on burned district. Heart of Fargo Gone. statement is given men estimated out that The insurance $2,800,000 in the and $500,000 more Rates have outskirts but little property meeting loss of insured of uninsured property on sidences at value is been in sured of confidence A so high feeling for over that the one day third advances. of appears its much num The as are alrea ly making stronger men of men ber of business to have gangs the debris arrangements clearing away given architects commence and have new build orders to get out the heaviest Josers will from inga. the Some lote, s blaze of today plans say for better they by build as No bank soon as vaults will be before tomorrow over vesterday tures. possible all the opened strue ter the The the Northern track ritory and district north up three burned of to blocks Northern Great wide and Pacific were five banks busin these the principal of the hotels. except all blocks and track. a number long It is Within burned bess that with houses, radium one All live were is burned. buildings opera house building. tion. The the trust grocery house from Sherman bank Columbia buildings. hotel, the hotel. big the Fargo house, Loan two just across & Trust company of McCormick contents. and the great warehouses with all their the residences Deering. warehouse and all known McGill disreputable was district. also burned. The Hell's Half-Acre." Work of the Flames day last night and The wind blew a gale part all of and yester the greater of rain fell except day few hotels the National all the wind and Headquariers, then died a away drops All all all the the the banks groceries. society the First and Geary warehouse cept Yerxa machinery the Monitor Drill halls all the ods and Six were companies cept Walter are burned A here to the from ground. surrounding in from remonding Big country on and their towns crowds of people came all trains friends today relatives and property sent by to sur look after It is next to elegraph. order. get one wire good judgment saving only The tiremen efforts in the to have BW concentrating their otherwise the Fargo rolling of Monitor ye swept robably have taken would will and The dining hotel Headquarters the alice girls at the since Crane's 5 rant had lively and places in had where this held the Smith Mayor for started of large benefit the has are less and The arily S. headed the for bank First National $500 W.H M by The city $500. Douglas Colonel 4500 Have Wear. of Partial Editor Republican urea the

3. June 16, 1893 Bismarck Weekly Tribune Bismarck, ND
Article from Bismarck Weekly Tribune, June 16, 1893

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Article Text

this morning to see the ashes of their effects. The ruins extend nearly a mile in length and from one block to six blocks in width. Fargo Fire Notes. Patti Rosa remembers the sufferers with $50. Adjusters are on the grounds and paying losses. The three banks have already opened for business. Editor Jordan loses the fruits of thirty years' labor. About $100,000 worth of binding twine went up in smoke. The Minneapolis Journal sends $100 to the relief fund. Benjamin Hagaman gets $100,000 insurance-one policy. I. P. Clapp loses twenty buildings, and has $1,000 on each. Aberdeen, S. D., has collected $1,000 towards the relief of fire sufferers. The Forum says that public building would come in handy-about this time. Gov. Burke speaks encouragingly of the prospects for immediate rebuilding. Fargo authorities will arrest boys and impress them into service pounding brick. Geo. D. Barnard & Co. of St. Louis, are down for $100 for the relief of sufferers. Montgomery, Ward & Co., have contributed a carload of provisions to the sufferers. Alex Stern is going to rebuild. He's doing it now, and is working all the men he can get. The first brick laying after the conflagration was done on the Lewis & Bragdon block. About the only fatality reported was that of a dog, who was caught under a falling wall of the Red River national bank. Two vaults would not stand the heat. Those in the Northern Pacific elevator building and the Northwestern Trust company. Five hundred thieves are said to be headed toward the scene of the disaster, and the authorities are on the lookout for them. Cashier Lyon of the First National bank of Fargo predicts that within ninety days there will be $1,000,000 in circulation in the city. The Northern Pacific and Great Northern haul material for the rebuilding of Fargo, at half tariff rates. Food and clothing for sufferers free. Seventy-five cents for loads and 25 cents for single trunks have been fixed upon for drayage charges, and any excess forfeits the drayman's license. C.A. Larson, one of the proprietors of the Little Gem restaurant, denies by affidavit that inflammable material was dumped by either himself or his partner in the rear of the restaurant. Appel Bros. have the following sign up at the ruins of their store: "Here lies the remains of Appel Bros.' elegant store. Peace to its ashes. Phoenix-like, it will rise greater and grander than ever." ) The First National bank of Fargo, remembered four of the Fargo firemen, Harry Hance, Bob Thompson, A. Bassett and Geo. Benson with $25 each for their work in preventing the spread of the fire to their building. ) Fargo will be rebuilded, and as the TRIBUNE predicted, better than before. Its business center when completed will be of solid brick, the city council having forbidden the erection of any, even temporary, frame structures. Thomas Baker, Jr., the insurance agent, who has probably more insurance on property than any other, estimates I the losses of his companies at $00,000. Agent Walker says $200,000 will cover the losses of his companies, and George I. Foster has $233,000 more. T. S. Terry has about $200,000 on his books, 80 that the total insurance will probably run up to $1,500,000. Six thousand dollars were subscribed Wednesday for a relief fund. W. H. a White, Cashier S. S. Lyon, Mr. Douglas of Moorehead, Ex-Alderman John Haas, Hon. S. G. Comstock of Moorhead and D.B. Shotwell are down for $500. John D. Benton gave $200. The e North Dakota Milling company donated 100 fifty-pound eacks of flour. Dr. y Campbell offered his professional serand Weir & Camphell gave