First National Bank (Cedar Falls, IA)

Episode Information

Episode UID
217701121
Episode Type
Suspension β†’ Closure
Bank Type
national
Bank ID
21770 national
Charter Number
2177
Start Date
May 16, 1893
Location
Cedar Falls, Iowa (42.528, -92.445)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
2020bfe56e20462f

Response Measures

None

Receivership Details

Depositor recovery rate
58.5%
Date receivership started
1893-06-13
Date receivership terminated
1897-01-06
OCC cause of failure
Fraud
Share of assets assessed as good
31.2%
Share of assets assessed as doubtful
49.6%
Share of assets assessed as worthless
19.2%

Description

Suspension clearly tied to failure/assignment of W. M. Fields & Bro.; receiver appointed June 13, 1893.

Events (4)

1. September 1, 1874 Chartered
Source
historical_nic
2. May 16, 1893 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank became involved by the failure/assignment of W. M. Fields & Bro., majority stockholders whose failure impaired the bank's liquidity and prompted suspension
Newspaper Excerpt
The First National bank of Cedar Falls suspended at the close of business today, being involved by the assignment of William M. Fields & Bro., which failed this morning
Source
newspapers
3. June 13, 1893 Receivership
Source
historical_nic
4. June 13, 1893 Receivership
Newspaper Excerpt
Elmer A. Howard, receiver of the First National Bank of Cedar Falls, Iowa.
Source
newspapers

Newspaper Articles (25)

Article from Evening Journal, May 17, 1893

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Embarrassed by Another Firm. WATERLOO, Iowa, May 17.-The - First National Bank, of Cedar Falls, suspended at the close of business yesterday being involved by the assignment of Wm. M. Fields & Bro., importers of horses. The liabilities are estimated at $100,000 to $150,000, while personal liabilities of Fields will be fully as much. No statement of assets can be given as yet. The bank is'in the hands of controller of currency. It is said to be solvent and will be able to pay all claims in full,


Article from The Jersey City News, May 17, 1893

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MORE BANKS GO DOWN. MINNEAPOLIS, May 17, 1893.-The Citizeos' Bank has suspended, and application has been made for a receiver for the Northwestern Guaranty Company. The Citizens' Bank has a oapital of $250,000. The Citizens' Bauk officials declare the bank is perfectly solvent and that the suspension is due simply to its inability to realize promptly on its securities. The Citizens is one of the smaller State banks of this city. Its statement at the close of business May 4 shows loans and dis. counts $478,844, cash on hand and due from banks $60,000: deposits $283.918; surplus and profits $16,800Β° re-discount $76.500. The capital is $250.000. The suspension is at worst only temporary. There had been no run on the bank and the action was taken to) protect all depositors alise. WATERLOO, Ia., May 17, 1893. .-The - First National Bank ot Cedar Falls suspended at the close of business yesterday, being involved by the assessment of William M. Fieldses & Bro., which was filed yesterday morning. The Fields control a majority of the stock. Liabilities are estimated at $100.000 to $150,000, while the personal liabilities of the Fieldses will be fully as much more. No statement of assetts oan be given as yet.


Article from Asheville Daily Citizen, May 17, 1893

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Banks Suspend. MINNEAPOLIS, May 17.-The Citizens' bank has suspended and a receiver has been appointed as asked for by the Northwestern Guaranty company. WATERLOO, Ia., May 17.-The First National bank of Cedar Falls has suspended. Liabilities, estimated, $100,000 to $150,000. The bank is said to be solvent any able to pay all claims in full.


Article from The Seattle Post-Intelligencer, May 17, 1893

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A Cedar Falls Bank suspends. WATERLOO. Ia., May 16. - The First National bank. of Cedar Falls. suspended at the close of business today. being involved by the assignment of William M. Fields & Brother, who failed this morning, they having control of a majority of the bank's stock. Fields & Brother are among the largest importers of colts and coach horses in the West and their failure is due to a decline in the stock which they handle. The liabilities of the bank are estimated at $100,000 to $150,000, while the personal liabilities of the Fields will be fully as much more. No statement of the assets can be given as vet, the resources consisting of 126 head of imported draft and coach horses, and vast tracts of lands in Iowa, the Dakotas and Kansas. The bank is in the hands of the comptroller of the currency. It is said to be solvent and will pay all claims in full. The creditors, 152 in number, are mostly farmers from the surrounding country.


Article from The Salt Lake Herald, May 17, 1893

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AN IOWA BANK SUSPENDS. The First National Bank of Cedar Falls Closes Its Doors. WATERLOO, Ia., May 16.-The - First National bank of Cedar Falls suspended at the close of business today, being involved by the assignment of William M. Fields & Bro., which failed this morning, who control a majority of the stock. Fields & Bro. were among the largest importers of draft and coach horses in the west, and their failure is due to a decline in the stock which they handle. Liabilities of the bank are estimated at $100,000 to $150,000 while the personal liabilities of the Fields will be fully as much more. No statement of assets can be given as yet the resources consisting of 125 imported draft and coach horses, vast tracts of land in Iowa, the Dakotas and Kansas. The bank is in the hands of the comptroller of the currency. It is said to be solvent and will pay all claims in full. The creditors. 152 in number, are mostly farmers from the surrounding country.


Article from Omaha Daily Bee, May 17, 1893

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FAILURE OF AN IOWA BANK. First Nation 11 of Cedir Falls InvolvedCause of the Trouble. WATERLOO, Ia., May 16.-The First National bank of Cedar Falls suspended yesterday, being involved by the assignment of W. M. Fields & Bro., who control a majority of the stock. Field & Bro., are among the largest importers of draft and coach horses in the west, and their failure is due to the decline in stock which they handle. The liabilities of the bank are estimated at $100,000 to $150,000, while the personal liabilities of the Fields will be fully as much more. No statement of the assets can be given as yet; the resources consist of 125 imported draft and coach horses and vast tracts of land in Iowa, the Dakotas and Kansas. The bank is in the hands of the bank examiner. It is said to be solvent and will be able to pay all claims in full. The creditors, 152 in number, are mostly farmers from the surrounding country.


Article from The World, May 18, 1893

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Iowa Bank Suspends. WATERLOO, Ia, May 17.-The first national bank of Cedar Falls suspended at the close of business Tuesday, being involved by the assignment of Wm. M. Fields & Brother, which was filed Tuesday morning. The Fields control a majority of the stock.


Article from The Morning News, May 18, 1893

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An Iowa Bank Fails: Waterloo, Ia., May 17.-The First National Bank of Cedar Falls suspended at the close of business yesterday, being involved by the assignment of William M. Fields & Bro., importers of hosiery. The liabilities are estimated at $100,000 to $130,000, while the personal liabilities of the Fields will be nearly as much more. The bank is in the hands of the controller of the currency. It is said to be solvent and able to pay all claims in full.


Article from The Goodland Republic, May 19, 1893

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Looking After Bursted Banks. WASHINGTON, May 17.-Comptroller Eckles was Tuesday informed of the failure of the First National bank of Cedar Falls, Ia. The capital of the bank was $50,000. Bank Examiner John McHugh has been ordered to take charge of the bank. The comptroller has appointed Albert Watkins of Lincoln, Neb., receiver of the First National bank of Ponca, Neb.


Article from Barton County Democrat, May 25, 1893

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BY the capsizing of a tug and dredge boat on Lake Conneaut, O., five persons were drowned. WARREN & Co, of the Chicago board of trade, have assigned. FIRE at Starbuck, Wash., destroyed the Union Pacific car and machine shops, nineteen locomotives and all other railroad property except the coal bunkers. Loss, $300,000. THE Spanish steamer bearing the Infanta Eulalie arrived at quarantine on the 18th. THE Santa Fe wants a return rate of $16.50 to the world's fair from Missouri river points. A SCHEME has been completed for the slaughter of cattle in New York on western packing house plans. THE premier of South Australia reports financial matters all right and harvest prospects excellent. THE failure of the First National bank at Cedar Falls, Ia., shows peculiar transactions. THE National bank of Evanston failed, causing great excitement in that suburb of Chicago. LAWSON RUNYON, a prominent Cherokee, was shot and killed by ex-Deputy United States Marshal Creekmoor. A BRAKEMAN and three workmen were killed by a runaway train at Dubois, Pa. BEFORE the Crescent City club at New Orleans Billy McCarthy, the Australian, knocked out La Blanche, the marine, in sixteen rounds. A FIRE at Trondhjem, Norway, resulted in the loss of a number of lives. Four persons were killed while jumping from a burning building and three women and two children were burned to death in the flames. AT Ilmenau, Saxe-Weimar, the boiler of a locomotive exploded, killing five S persons instantly and injuring a number of others so seriously that eight of them were dying. CLEARING house returns for the week ended May 18 showed an average decrease of 1.2 compared with the corresponding week of last year. In New York the decrease was 6.4. J. A. R. ELLIOTT, of Kansas City, Mo., captured the Missouri state trophy as 1 the champion wing shot in the state tournament. He killed thirty straight birds. : JUDGE RICKS, at Cleveland, O., appointed a receiver for the Clover Leafthe Toledo, Kansas City & St. Louis railway. I FROM indisputable sources it is learned that Erastus Wiman's total liabilities will aggregate about $617,000, a 5 little more or less, according to whether f certain contingent debts are counted 1 in. BLONDIN, the strong man with Cole's 1 circus, undertook to hold a powerful team of horses together at Lake Placid, S N. Y. Several blood-vessels in the man's head and chest were ruptured and he died. THERE is great excitement in Normal, Ill., over the failure of the Exchange bank of that city, and the president has 1 been arrested for receiving deposits 1 after he knew the bank was insolvent. THE plate glass trust is an assured fact. IT is said that a mistake has been f made by the interior department in referring back to the Cherokees the matter of to whom the seventy allotments b shall be made in the strip. A COMPANY is being formed to build a railway from Bowie, Tex., to the City of Mexico. IT is conceded that Collector Wenneker, of St. Louis, will be dismissed as soon as his successor can be decided on. : THE Russian cruiser Vitiaz is a total a loss on the coast of Corea. The report y states that all hands were saved. e NINE young men have been arrested s for distributing boycotting circulars against the firm of Diel & Bro., gents' s furnishings, St. Louis. di A WASHINGTON florist has offered $500 k for the first Isabella souvenir quarter. THE controversy between Benjamin Feuchts and eight other members of r the Economite society and Trustee John S. Duss has come to an end by an amicable settlement, by which the contest1 ants will withdraw from the society. MONCHICOURT, the Panama liquidator, , has commenced suit against M. Imbert, the administrator of Baron Reinach's fortune, to recover 9,000,000 francs, which it is alleged Reinach received e from the company. g ADDITIONAL DISPATCHES. Mo. e was as of WALTER honored WILLIAMS, by election of Columbia, president the National Editorial association at


Article from The Kinsley Graphic, May 26, 1893

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REFORM DEMANDED. Evil Practices of Bank Officers to Be Looked Into-The Cause of Late Failures. WASHINGTON, May -Among the recommendations which are to be made to the next congress by the secretary of the treasury is a measure to limit the loaning of money of national banks to their. officers and directors and to require a recorded yea and nay. vote when loans to such officers are made. Such a bill was introduced in the last house and went through that body without much opposition, but it was loaded down in the senate by an amendment offered by Senator Sherman increasing the circulation of the banks to the par value of their bond deposits. This threw the bill into conference committee, and the conference report was never called up in either house. The new comptroller of the currency has had his attention forcibly called to the need of such legislation by several of the recent failures in the west. Big loans to officers had much to do with the failures of the Capital National bank of Indianapolis, the First National bank of Cedar Falls, la. and the Brunswick, Ga., banks. The officers of the Iowa bank were engaged in running a stock farm and borrowed largely of the bank to keep the farm going. Comptroller Eckles would like to break up such practices, and will do it as far as he can without waiting for new legislation. He will instruct his examiners to scan the books of the bank closely for cases of loans to officers, and will direct attention to the fact that he does not approve them.


Article from Western Kansas World, May 27, 1893

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Men Known in Kansas. WATERLOO, IA., May 18.-The First National bank of Cedar Falls suspended, at the close of business, being involved by the assignment of W. M. Fields & Bro., who control a majority of the stock. Field & Bro. are among the largest importers of draft and coach horses in the west. and their failure is due to the decline of the stock which they handle. The liabilities of the bank are estimated at $100,000 to $150,000, while the personal liabilities of Fields will be fully as nuch more. No statement of assets can be given, the resources consisting of 125 im. ported draft and coach horses, vast tracts of land in Iowa, the Dakotas and Kansas. The bank is in the hands of the comptroller of currency. It is said to be solvent and will be able to pay all claims in full. The creditors, 153 in number, are mostly farmers from the surrounding country.


Article from Fort Worth Gazette, May 27, 1893

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is NEED NEW BANK LAWS. LOANS TO OFFICERS MUST BE LIMITED IN AMOUNT. e The Secretary of the Treasury Will Urge Upon f Congress a Measure Which Will Tend to Make Banks Much Safer. Washington May 20.-Among the recommendations which are to be made to the next congress by the secretary of the treasury will be a measure to limit the loan of- of the money of national banks to their ficers and directors and to require a recorded yea and may vote when loans to such offi ers are made, Such a bill was introduced In the last house and went through that body without much opposition, but It was loaded down In the setiate by an amendment offered by Senator Sherman Increasing the circulation of the banks to the par value of their bond deposits. This threw the bill Into conference committee and the conference report was never called up in either house. The new comptroller of the currency has had his attention forcibly called to the need of such legislation by sΓ©veral of the recent failures In the west. Big loans to officers had much to do with the failures of the Capital national bank of Indianapolis, the First-national bank of Cedar Falls, Iowa, and the Brunswick, Ga., banks. The officers of the Iowa bank were engaged in running a stock farm and borrowed largely of the bank to keep the farm going. Comptroller Eckels would like to break such practices and will do It HM far na he can without walting for new legislation. He will Instruct his examiners to sean the books of the banks closely for cases of loans to officers and will direct attention to the fact that he does not approve them. Another point to which the new comptroller Is directing his attention Is the origInal Issae of bank charters. He proposes to exact additional guarantees of the standing and financial resources of Lite men who ask for charters, and will endeavor to satisfy himself of their responsibility before grant. ing the authority, which is In his discretion, "to commence the business of banking. He will probably require from each Incorporafor a personal statement of his assets and Habilities, and will ask the member of congress from the district to give some personal attention to the truthfulness of such representation before affixing his indorsemeut. as how to the treasury regulations he is of the called upon department. do under Mr. Eckels believes that It is useless to allthorize institutions which are not strong enough to stand permanently on their feet, and that some discrimination should be exercised In authorizing them in communities already largely equipped with banking faetlities.


Article from Baxter Springs News, May 27, 1893

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REFORM DEMANDED. Evil Practices of Bank Officers to Be Looked Into - The Cause of Late Fallures. WASHINGTON, May 24.-Among the recommendations which are to be made to the next congress by the secretary of the treasury is a measure to limit the loaning of money of national banks to their officers and directors and to require a recorded yea and nay vote when loans to such officers are made. Such a bill was introduced in the last house and went through that body without much opposition, but it was'loaded down in the senate by an amendment offered by Senator Sherman increasing the circulation of the banks to the par value of their bond deposits. This threw the bill into conference committee, and the conference report was never called up in either house. The new comptroller of the currency has had his attention forcibly called to the need of such legislation by several of the recent failures in the west. Big loans to officers had much to do with the failures of the Capital National bank of Indianapolis, the First National bank of Cedar Falls, Ia., and the Brunswick, Ga., banks. The officers of the Iowa bank were engaged in running a stock farm and borrowed largely of the bank to keep the farm going. Comptroller Eckles would like to break up such practices, and will do it as far as he can without waiting for new legislation. He will instruct his examiners to scan the books of the bank closely for cases of loans to officers, and will direct attention to the fact that he does not approve them.


Article from Omaha Daily Bee, June 7, 1893

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READVERTISE FOR BIDS O'Rourke Thinks This the Only Solution of the Omaha Building Muddle. LITTLE HOPE FOR GRANITE IN THAT CASE Senator Manderson Still Opposing the Idea of Using Cheaper Material-One More Conference on the Subject to Be Held. WASHINGTON BUREAU OF THE BEE, 513 FOURTEES STREET WASHINGTON. D. C., June 6. The question whether the new federal building, which it is proposed to erect in Omaha.is to be built of granite or someother material will not be definitely decided until Thursday Senator Manderson called upon Supervising Architect O'Rourke today, but at official has been suddenly called out of the city upon business and he will not return until Thursday. Senator Manderson is de termined that if it be possible the new build ing shall be constructed of granite. The supervising architect, whilendmitting that a granite structure would be far more preterable than one built of any other material, does not see how with the existing appropriation he can erect a granite build ing. Mr. O'Rourke is inclined to believe the only solution of the vexed question is to readvertise for bids. the specifications calling for a cheaper material than granite. However, until Senator Manderson and Mr O'Rourke have another conference on the question no steps will be taken by the supervising architect. Quarters will Not Be Changed. It was stated at the War department to day that nothing would be settled in the matter of the location of the military headquarters at Omaha until the return of Secretary Lamont, who is now in Chicago There seems to be little doubt that the present quarters in THE BEE building will be retained. It is learned on high authority that thequartermastergeneralhas recommended that white the rental asked for the quarters in THE BEF building is higher than some other offers that have been made that the present location is so much more desirable because of the large amount of room and other conveniences, that the department cannot afford for the sake of economy to go elsewhere. There seems to be no doubt that the army headquarters will remain in THE BEE building. May Reorganize the Bank. It is believed in the comptroller's office that t arrangements may be perfected for the resumption of the First National bank of Cedar Falls. Propositions looking to this end have been submitted by the stockholders of the bank and as the failure was honest and as there is some indication of the solvency of the institution, Mr. Eckels has de cided not to appoint a receiver until ample opportunity shall have been given to the bank people to reorganze. Mr. Eckels demands that there shall be an addition to the capital and that there shall be some change in the management before he shall permit the bank to resume business, but the latest advices from the examiner indicate that vigorous efforts are being made to insure the acquisition of enough money to put the bankin good shape and if these efforts are successful there will be no receivership. News for the Army. The following army orders were issued today: Second Lieutenant George O. Squier. Third artillery. will repair to Chicago, III. Missime to reach that place by the 15th of August 1893, and will attend the sessions of bethe international electrical congress tween that September 1. 1893, and then return to his proper station Leave of absence for four months is granted Captain Jess C. Chance, Thirteenth infantry First Lieutenant Charles E. B. Flagg, assistant surgeon. is detailed as a member of the examiniug board convened at the presidio of San Francisco, Cal., vice First Lieutenant Charles Willcox, assistant surgeon, hereby relieved. The following named enlisted men now at the posts designated after their respective names will be discharge Private William Adams. troop G. Eighth cavalrv. Fort Yates Privates Waggoner, Allie and Franklin Bailey, company F. Twenty-first infantry, Fort Sidney, Neb.: Private William F Caywood, company G. Ninth infantry, Madison Barracks. Y.:Private William A. Mouck. battery M. Second artillery. Fort Adams, R.I.: Private George, W. Nleman, troop K. seventh cavalry, Fort Sherdian, III. Private Robert R. St. John. battery D, First artillery, Fort Wadsworth, N. Y.: To date June 15, 1893: Private Marion B. Thomas, company C, Nineteenth infantry, Fort Macinac, Mich Corporal Frank Viles, troop L, Fourth cavalry, Fort Walla Walla, Wash. Recruit Calvin McIntyre general service now at Columbus Barracks, O., will be discharged without honor from the service The following named men now at the posts designated after their naines, having enlisted under false pretenses, will be discharged: Recruits Adam Eichlesbacher and Henry Poyker, mounted service, Jefferson barracks, Mo.; Recruit Scott Marshall, mounted service, recruiting rendezvous, Lynchburg, Va.: Private Francis H. Buzzacott.company B. Fifteenth infantry, Fort Sheridan, III., to take effect upon receipt of this order att post Sergeant Elmer P. Lewis, troop D, Fourth cavairy, recruiting rendezvous, Seattle Wash First Lieutenant Charles B. SatterIce, Third artillery, is detailed to attend the encampment of the First regiment, Alabama state troops, at Mobile, Ala., June 12 to 19, 1893 The following transfers in the Ninth cavalry are made Captain Matthias W. Day, L. from troop to troop L Captain Walter Finley, from troop L to troop G. First Lieutenant Charles H. Barth, Twelfth infantry. is relieved from duty at the United States infantry and cavalry school. Fort Leavenworth, Kan., to take effect June 20, 1893. Miscellaneous. Assistant Secretary Sims of the Interior department today affirmed the decision of the commissioner of the land office in the case of Florence Trimer versus William O. Miner. Miner appealed from the decision of the commissioner who issed his contest against Florence Trimer's timber culture entry in the McCook land district, Nebraska Comptroller Eckels today appointed John D. Benton of Chicago to act as receiver of the National Bank of North Dakota P.S.H. TREATY WITH RUSSIA.


Article from St. Paul Daily Globe, June 12, 1893

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Eighty Cents Not Enough. WATERLOO, Io., June 11.-The depositors of the defunct First National Bank of Cedar Falls yesterday rejected the proposition of J. H. March, of Le Mars, to pay 80 cents on the dollar for certificates of deposit. This puts an end to all negotiations for the purchase of the bank, and a receiver will be applied for. Threats have been made against the lives of the Field Bros., owners of the bank.


Article from New-York Tribune, June 12, 1893

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WRECKED BANKS IN THE WEST. Waterloo, Ia., June 11.-The depositors of the defunct First National Bank, of Cedar Falls, yesterday rejected the proposition of J. 11. March, of Lemars, to pay 80 cents on the dollar for the certificates of deposits. This puts an end to all negotiations for the purchase of the bank, and a receiver will be appointed. Threats have been made against the lives of the Field brothers, owners of the bank. Lawton, Mich., June 11.-The American Bank. of Dwiggins, Starbuck & Co., was yesterday placed In charge of C. S. Adams and T. F. Chamberlain, as recelvers. The institution will not be reopened. It Is expected that the depositors will realize about 50 cents on the dollar.


Article from Evening Star, June 13, 1893

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Bank Receivers Appointed. The controller of the currency has appointed receivers of insolvent national banks as follows: Joseph W. Bennet, receiver of the Oglethorpe National Bank of Brunswick. Ga. Charles M. Wilson. receiver of the First National Bank of Lakota. North Dakota. Elmer A. Howard, receiver of the First National Bank of Cedar Falls, Iowa. Henry H. Kerr, receiver of the First National Bank of Brady, Texas.


Article from The Madison Daily Leader, June 13, 1893

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Will Appoint a Receiver. WATERLOO, Ia., June 13. -The depositors of the defunct First National bank of Cedar Falls have rejected the proposition of J. H. March of Le Mars to pay so cents on the dollar for the certificates of deposit. This puts an end to all ne rotiations for the purchase of the bank and a receiver will be applied for.


Article from St. Paul Daily Globe, June 14, 1893

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A Receiver for Mears' Bank. WASHINGTON, June 13.-Comptroller Eckels has appointed receivers of insolvent national banks as follows: Charles M. Wilson, receiver of the First National Bank of Lakota, N. D.; Elmer A. Howard, receiver of the First National Bank of Cedar Falls, Io.


Article from New Ulm Review, June 14, 1893

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Will Appoint a Receiver. WATERLOO, Ia., June 13.-The depositors of the defunct First National bank of Cedar Falls have rejected the proposition of J. H. March of Le Mars to pay 80 cents on the dollar for the certificates of deposit. This puts an end to all negotiations for the purchase of the bank and a receiver will be applied for.


Article from The Madison Daily Leader, June 15, 1893

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A Receiver For Mears' Bank. WASHINGTON, June 15.-Comptroller Eckels has appointed receivers of insolvent national banks as follows: C. M. Wilson, receiver of the First National bank of Lakota, N. D.; Elmer A. Howard, receiver of the First National bank of Cedar Falls, Ia.


Article from The Progressive Farmer, June 20, 1893

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Bennett, receiver of the Oglethorpe National Bank of Brunswick, i Ga.; Charles M Wilson, receiver of the First National Bank of Lakota, N. D.; Eimer A. Howard, receiver of the First National Bank of Cedar Falls, Iowa, and Henry H. Kerr, receiver of the First National Bank of Brady, Texas.


Article from The Comet, June 22, 1893

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COMPTROLTER Eckels yesterday ap. pointed receivers for the Oglethorp National Bank, of Burnswick, Ga.,; First National Bank, of Lakota, N. D. First National of Cedar Falls, Ia., and the First National, of Brady, Texas.


Article from New-York Tribune, September 24, 1893

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BANK OFFICERS CHARGED WITH FRAUD. Waterloo, Iowa, Sept. 23.-The Grand Jury in the District Court yesterday returned four indictments against W. M. Fields, president, and four against C. J. Fields, cashier, of the First National Bank of Cedar Falls, which suspended May 16 last, charged with fraudulent banking. Bail was fixed at $6,000 for each. The Grand Jury also returned three indictments each against J. T. Knapp and C. C. Knapp, of the banking firm of Knapp & Co., Cedar Falls, which failed August 22. They are also charged with fraudulent banking, and their bail is fixed at $4,500 each. Chippewa Falls, Wis., Sept. 23.-Three warrants were served on D. E. Seymour, proprietor of the defunct Seymour bank, yesterday, on the charge of fraudulent banking. W. L. Seymour, cashier of the bank, was also arrested upon the same charge. The bonds were placed at $5,000 in each arrest. Minneapolis, Minn., Sept. 23.-William S. Streeter, vice-president of the Northwestern Guaranty Loan Company, has been indicted, and last night he was arrested at his residence. His health is very precarious, and the Sheriff did not take him to jail, but left two deputies in charge. It is rumored that other indictments have been found.