State Bank (Mauston, WI)

Episode Information

Episode UID
1873564991255
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
187356499 hash
Start Date
July 29, 1904
Location
Mauston, Wisconsin (43.797, -90.077)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
af3fef63f3d2eb8b

Response Measures

None

Description

Articles report examiner closed the bank but do not state reopening or receiver; permanence unclear.

Events (1)
1. July 29, 1904 Suspension
Cause
Government Action
Cause Details
State bank examiner took charge and closed the bank due to financial trouble from large loans to single institutions.
Newspaper Excerpt
State Bank Examiner M. C. Bergh has taken charge of the State bank at Mauston, Wis., and closed its doors.
Source
newspapers

Newspaper Articles (11)
1. July 29, 1904 Bismarck Daily Tribune Bismarck, ND
Article from Bismarck Daily Tribune, July 29, 1904

Click image to open full size in new tab

Article Text

CLOSED BY EXAMINER. State Bank at Mauston, Wis., in Financial Trouble. Madison, Wis., July 29.-State Bank Examiner M. C. Bergh has taken charge of the State bank at Mauston, Wis., and closed its doors: The liabilities of the bank are stated to be $137,901, of which amount $79,704 is due depositors. No application will be made for a receiver until a movement to interest new capital is made. The making of too many large loans to single institutions is said to be the cause of the bank's embarrassment. J. T. Heath is the principal stockholder.

2. July 29, 1904 The Madison Daily Leader Madison, SD
Article from The Madison Daily Leader, July 29, 1904

Click image to open full size in new tab

Article Text

CLOSED BY EXAMINER. State Bank at Mauston, Wis., in Financial Trouble. Madison, Wis., July 29.-State Bank Examiner M. C. Bergh has taken charge of the State bank at Mauston, Wis., and closed its doors. The liabilities of the bank are stated to be $137,901, of which amount $79,704 is due depositors. No application will be made for a receiver until a movement to interest new capital is made. The making of too many large loans to single institutions is said to be the cause of the bank's embarrassment. J. T. Heath is the principal stockholder.

3. July 29, 1904 The Saint Paul Globe Saint Paul, MN
Article from The Saint Paul Globe, July 29, 1904

Click image to open full size in new tab

Article Text

Northwest News WISCONSIN BANK IN HANDS OF EXAMINER Large Loans to Single Institutions Given as Cause for Failure MADISON, Wis., July 28.-State Bank Examiner M.C. Bergh today took charge of the State bank at Mauston, Wis.; and closed its doors. The liabilities of the bank are stated to be $137,901, of which amount $79,704 is due depositors. No application will be made for a receiver until a movement to interest new capital is made. The making of too many large loans to single institutions is said to be the cause of the bank's embarrassment. J. T. Heath is the pricipal stockholder.

4. July 30, 1904 Morris Tribune Morris, MN
Article from Morris Tribune, July 30, 1904

Click image to open full size in new tab

Article Text

CLOSED BY EXAMINER. State Bank at Mauston, Wis., in Financial Trouble. Madison, Wis., July 29.-State Bank Examiner M. C. Bergh has taken charge of the State bank at Mauston, Wis., and closed its doors. The liabilities of the bank are stated to be $137,901, of which amount $79,704 is due depositors. No application will be made for a receiver until a movement to interest new capital is made. The making of too many large loans to single institutions is said to be the cause of the bank's embarrassment. J. T. Heath is the principal stockholder.

5. August 3, 1904 Willmar Tribune Willmar, MN
Article from Willmar Tribune, August 3, 1904

Click image to open full size in new tab

Article Text

WEST AND SOUTH. It was announced that the battleship Louisiana. now building at Newport News, will be launched August 27, and the cruiser Milwaukee September 10. Managers of packing houses, fearing rioting. appealed for militia at Sioux City, Ia., and asked police aid at St. Joseph, Mo. Deputies were called for at Omaha. By unanimous vote Thomas Taggart, of Indiana, was elected chairman of the democratic national committee. Urey Woodson, of Kentucky, was elected secretary. Spreading rails caused a freight wreck on the Southern railway at Pattons mill. four miles west of Jonesboro, Tenn., and five persons were injured, two seriously. E.B. Shaw, a national bank examiner, has been appointed receiver of the First national bank, of Grinnell, Ia., whose doors were closed by the directors. At Ludington, Mich., George Stanley, of Cadillac, was nominated for congressman by the democrats of the Ninth Michigan district. At St. Joseph, Mo., Hon. Cyrus P. Walbridge, of St. Louis, was nominated for governor of Missouri on the first ballot taken by the state republican convention. A total of 79 passengers and 840 employes of railroads were killed, and 1,590 passengers and 10,854 employes injured in accidents on railroads in the United States during the quarter ended March 31, 1904. Forty freight handlers of the Chicago Junction railway joined the strike in Chicago, and switchmen may go out next. Negotiations for. peace were finally abandoned. In South Omaha and Sioux City sheriffs took charge when the police were powerless to check rioting due to the strike. Every employe at the world's fair has suffered a reduction in salary. The prohibition convention of Wisconsin, in session at Madison, nominated a state ticket headed by W. H. Clark, of Ripon, for governor. James Frames, of Chicago, fireman, was killed and four trainmen seriously injured in the wreck of a north-bound Chicago & Eastern Illinois passenger train at Hoopeston, Ill. The train ran into an open switch. John Harper's residence at New Haven, in Hamilton county, O., was burned and Mr. Harper and wife, both over 80 years old, were burned to death. At Nashville, Tenn., Louis Voetzel, department manager of a tobacco company, died of injuries received in being run over by a carriage. M. C. Bergh, state bank examiner, took charge of the state bank at Mauston, Wis., and closed its doors. The liabilities of the bank are stated to be $137,901, of which amount $79,704 is due depositors.

6. August 4, 1904 River Falls Journal River Falls, WI
Article from River Falls Journal, August 4, 1904

Click image to open full size in new tab

Article Text

WEST AND SOUTH. It was announced that the battleship Louisiana, now building at Newport News, will be launched August 27, and the cruiser Milwaukee September 10. Managers of packing houses, fearing rioting, appealed for militia at Sioux City, Ia., and asked police aid at St. Joseph, Mo. Deputies were called for at Omaha. By unanimous vote Thomas Taggart, of Indiana, was elected chairman of the democratic national committee. Urey Woodson, of Kentucky, was elected secretary. Spreading rails caused a freight wreck on the Southern railway at Pattons mill. four miles west of Jonesboro, Tenn., and five persons were injured, two seriously. E. B. Shaw, a national bank examiner, has been appointed receiver of the First national bank, of Grinnell, Ia., whose doors were closed by the directors. At Ludington, Mich., George Stanley, of Cadillac, was nominated for congressman by the democrats of the Ninth Michigan district. At St. Joseph, Mo., Hon. Cyrus P. Walbridge, of St. Louis, was nominated for governor of Missouri on the first ballot taken by the state republican convention. A total of 79 passengers and 840 employes of railroads were killed, and 1,590 passengers and 10,854 employes injured in accidents on railroads in the United States during the quarter ended March 31, 1904. Forty freight handlers of the Chicago Junction railway joined the strike in Chicago, and switchmen may go out next. Negotiations for peace were finally abandoned. In South Omaha and Sioux City sheriffs took charge when the police were powerless to check rioting due to the strike. Every employe at the world's fair has suffered a reduction in salary. The prohibition convention of Wisconsin, in session at Madison, nominated a state ticket headed by W. H. Clark, of Ripon, for governor. James Frames, of Chicago, fireman, was killed and four trainmen seriously injured in the wreck of a north-bound Chicago & Eastern Illinois passenger train at Hoopeston, Ill. The train ran into an open switch. John Harper's residence at New Haven, in Hamilton county, O., was burned and Mr. Harper and wife, both over 80 years old, were burned to death. At Nashville, Tenn., Louis Voetzel, department manager of a tobacco company, died of injuries received in being run over by a carriage. M. C. Bergh, state bank examiner, took charge of the state bank at Mauston, Wis., and closed its doors. The liabilities of the bank are stated to be $137,901, of which amount $79,704 is due depositors.

7. August 4, 1904 The Sauk Centre Herald Sauk Centre, MN
Article from The Sauk Centre Herald, August 4, 1904

Click image to open full size in new tab

Article Text

WEST AND SOUTH. It was announced that the battleship Louisiana, now building at Newport News, will be launched August 27, and the cruiser Milwaukee September 10. Managers of packing houses, fearing rioting, appealed for militia at Sioux City, Ia., and asked police aid at St. Joseph, Mo. Deputies were called for at Omaha. By unanimous vote Thomas Taggart, of Indiana, was elected chairman of the democratic national committee. Urey Woodson, of Kentucky, was elected secretary. Spreading rails caused a freight wreck on the Southern railway at Pattons mill. four miles west of Jonesboro, Tenn, and five persons were injured, two seriously. E. B. Shaw, a national bank examiner, has been appointed receiver of the First national bank, of Grinnell, Ia., whose doors were closed by the directors. At Ludington, Mich., George Stanley, of Cadillac, was nominated for congressman by the democrats of the Ninth Michigan district. At St. Joseph, Mo., Hon. Cyrus P. Walbridge, of St. Louis, was nominated for governor of Missouri on the first ballot taken by the state republican convention. A total of 79 passengers and 840 employes of railroads were killed, and 1,590 passengers and 10,854 employes injured in accidents on railroads in the United States during the quarter ended March 31, 1904. Forty freight handlers of the Chicago Junction railway joined the strike in Chicago, and switchmen may go out next. Negotiations for peace were finally abandoned. In South Omaha and Sioux City sheriffs took charge when the police were powerless to check rioting due to the strike. Every employe at the world's fair has suffered a reduction in salary. The prohibition convention of Wisconsin, in session at Madison, nominated a state ticket headed by W. H. Clark, of Ripon, for governor. James Frames, of Chicago, fireman, was killed and four trainmen seriously injured in the wreck of a north-bound Chicago & Eastern Illinois passenger train at Hoopeston, Ill. The train ran into an open switch. John Harper's residence at New Haven, in Hamilton county, O., was burned and Mr. Harper and wife, both over 80 years old, were burned to death. At Nashville, Tenn., Louis Voetzel, department manager of a tobacco company, died of injuries received in being run over by a carriage. M. C. Bergh, state bank examiner, took charge of the state bank at Mauston, Wis., and closed its doors. The liabilities of the bank are stated to be $137,901, of which amount $79,704 is due denositors,

8. August 4, 1904 The Tomahawk White Earth, MN
Article from The Tomahawk, August 4, 1904

Click image to open full size in new tab

Article Text

Wisconsin Bank Closed. Mauston, Wis., July 29.-State Bank Examiner M. C. Bergh Thursday took charge of the State bank here, and closed its doors. The liabilities of the bank are stated to be $137,901, of which amount $79,704 is due depositors. No application will be made for a receiver until a movement to interest new capital is made. The making of too many large loans to single institutions is said to be the cause of T. the bank's embarrassment. J. Heath is the principal stockholder.

9. August 5, 1904 The Ely Miner Ely, MN
Article from The Ely Miner, August 5, 1904

Click image to open full size in new tab

Article Text

Twelve business houses were destroyed by fire at Mora, Minn., causing a loss estimated at about $70,000. Freight-handlers of the Chicago Junction railway joined the strike and switchmen may go out next. Negotiations for peace were finally abandoned. J. J. Ryan, arrested at Brighton Beach on an embezzlemnt charge, will return to St. Louis without protest. Sheriffs took charge in South Omaha and Sioux City, where the police were powerless to check rioting due to the strike. Explosion of a dynamite bomb or infernal machine wrecked a New York grocery store, whose proprietor had received letter threatening him with death unless he gave $2,000 to the writer. The Saengerbund of the Northwest opened its twenty-first saengerfest in Milwaukee, Wis. Fireman James Frames, of Chicago, was killed and four trainmen seriously injured in the wreck of a north-bound Chicago & Eastern Illinois passenger train at Hoopeston, Ill. The train ran into an open switch. At Elizabeth, N. J., during a heavy rain Patrick Meckeesey, 60 years old, employed by the city, was drowned in a sewer which he was engaged in cleaning. The house of John Harper, at New Haven, in Hamilton county, O., burned. and Mr. Harper and wife, both over 80 years old, were burned to death. The coal pocket at the Portsmouth (N. H.) navy yard was completely destroyed by fire, together with 6,000 tons of coal, causing an estimated loss of $125,000. The cause of the fire is believed to have been spontaneous combustion. Louis Voetzel, department manager of a tobacco company, died at Nashville, Tenn., of injuries received in being run over by a carriage. State Bank Examiner M. C. Bergh took charge of the state bank at Mauston, Wis., and closed its doors. The liabilities of the bank are stated to be $137,901, of which amount $79,704 is due de. positors. S All employes at the world's fair have e suffered a reduction in salaries. S A strike of 75,000 anthracite coal g miners is expected in Pennsylvania. e The big land drawing was begun before a vast crowd in Chamberlain, S.D., for homesteads in the Rosebud reservation. and a Nebraskan drew the lucky No. 1.

10. August 6, 1904 The L'anse Sentinel L'anse, MI
Article from The L'anse Sentinel, August 6, 1904

Click image to open full size in new tab

Article Text

Twelve business houses were destroyed by fire at Mora, Minn., causing a loss estimated at about $70,000. Freight-handlers of the Chicago Junction railway joined the strike and switchmen may go out next. Negotiations for peace were finally abandoned. J. J. Ryan, arrested at Brighton Beach on an embezzlemnt charge, will return to St. Louis without protest. Sheriffs took charge in South Omaha and Sioux City, where the police were powerless to check rioting due to the strike. Explosion of a dynamite bomb or infernal machine wrecked a New York grocery store, whose proprietor had received letter threatening him with death unless he gave $2,000 to the writer. The Saengerbund of the Northwest opened its twenty-first saengerfest in Milwaukee, Wis. Fireman James Frames, of Chicago, was killed and four trainmen seriously injured in the wrock of a north-bound Chicago & Eastern Illinois passenger train at Hoopeston, III. The train ran into an open switch. At Elizabeth, N. J., during a heavy rain Patrick Meckeesey, 60 years old, employed by the city, was drowned in a sewer which he was engaged in cleaning. The house of John Harper, at New Haven, in Hamilton county, O., burned, and Mr. Harper and wife, both over 80 years old, were burned to death. The coal pocket at the Portsmouth (N. H.) navy yard was completely destroyed by fire, together with 6,000 tons of coal, causing an estimated loss of $125,000. The cause of the fire is believed to have been spontaneous combustion. Louis Voetzel, department manager of a tobacco company, died at Nashville, Tenn., of injuries received in being run over by a carriage. State Bank Examiner M. C. Bergh took charge of the state bank at Mauston, Wis., and closed its doors. The liabilities of the bank are stated to be $137,901, of which amount $79,704 is due depositors. All employes at the world's fair have suffered a reduction in salaries. A strike of 75,000 anthracite coal miners is expected in Pennsylvania. The big land drawing was begun before a vast crowd in Chamberlain, S. D., for homesteads in the Rosebud reservation, and a Nebraskan drew the lucky No. 1.

11. August 6, 1904 The Diamond Drill Crystal Falls, MI
Article from The Diamond Drill, August 6, 1904

Click image to open full size in new tab

Article Text

MAUSTON BANK CLOSES DOORS State Examiner Takes Charge of Wisconsin Institution. Madison, Wis., special: State Bank Examiner N. C. Bergh has taken charge of the state bank at Mauston, Wis., and closed its doors. The liabilities of the bank are $137,901, of which amount $79,704 is due depositors. No application will be made for a receiver until a movement to interest new capital is made. The making of too many large loans to single institutions is said to be the cause of the bank's embarrassment. J. T. Heath is the principal stockholder.