Bank of Kent (Kent, WA)

Episode Information

Episode UID
2269360691162
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
226936069 hash
Start Date
October 31, 1896
Location
Kent, Washington (47.381, -122.235)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
3bc720fc5a9ef131

Response Measures

None

Description

Articles consistently refer to a receiver and court proceedings; no reopening is reported.

Events (4)

1. October 31, 1896 Receivership
Newspaper Excerpt
W. J. Shinn, receiver of the Bank of Kent, has filed a report in the superior court showing the assets and liabilities of the bank.
Source
newspapers
2. October 31, 1896 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank was insolvent leading to appointment of a receiver and claims filed against the bank.
Newspaper Excerpt
W. J. Shinn, receiver of the Bank of Kent, has filed a report in the superior court
Source
newspapers
3. December 17, 1896 Other
Newspaper Excerpt
creditors ... filed a petition ... asking that Receiver W. J. Shinn be removed ... and that some disinterested individual be selected to fill the place.
Source
newspapers
4. May 4, 1901 Other
Newspaper Excerpt
Judge Tallman ordered the payment of 20 per cent. of the face value of all claims against the bank.
Source
newspapers

Newspaper Articles (10)

Article from The Seattle Post-Intelligencer, October 31, 1896

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Nent Bank's Assets and Liabilities. W. J. Shinn. receiver of the Bank of Kent, has filed a report in the superior court showing the assets and liabilities of the bank. The total assets amount to $30.70.95, and the total liabilities are $11,459.68. 68. total capital stock of the bank is $35.of which $15,000 has been subscribed fully paid up.


Article from The Seattle Post-Intelligencer, November 17, 1896

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REAL ESTATE TRANSFERS. I Transactions Since January 1 and for Yesterday. Real estate transactions since January 1. 1896, are $3,885,254.80. There were filed for record yesterday sixteen deeds, aggregating $14,842.50. Following is a list furnished by the Daily Bulletin, room 13, Occidental block: James Stewart to E. Weinheim. und 1/2 Int in se nw see 12 and lot 2 in SW sec 12, 26. 10. less 400x5,400 ft along e line of said lot 2. November 11. $1,000 E. Weinhein to Charles Tecklenburg. und % int in se nw sec 12 and und % lot 2 in se SW sec 12. 26, 10. Charles B. Ford to Elizabeth A. Maltby, lot 3, Lake Dell, $ acres, September 17, $2,500. Sheriff to Elizabeth A. Malthy, lot 3, Lake Dell. October 21. $280. John H. and Lizzie Ranta, Tom and Sofia Niemi to King county, right-of-way for road across part of ne sec 15, = 5, October 22 Sheriff to New England Mortgage Security Co., pif., nw sec 9, If 8, 160 acres, November 16, $10,154.50. John Quigley et UX. to Frank D. Black, lots 17 and 18. block 3. Black's Elliott Bay add. November 6, 1894, $600. Frederick Teller to Frank D. Black, lots 27 and 32, block 3, Black's Elliott Bay add, November 20, 1891, $1. Artimus Boyce et UX. to Albert George, sยฝ SW ne se: 3. 24, 6, March 18, 1895, $300. E. P. Tremper et ux. to W. J. Shinn, receiver of Bank of Kent. be sec 4. 16, 2 80 acres, November 11, q. c., $1. J. H. Powell et UX. to same, lots : and 8, see 27. 21, 5, November 12, 4. e., $1. Same to same lot 3 and all lot 2, block


Article from The Seattle Post-Intelligencer, December 10, 1896

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Report on the Bank of Kent. W. J. Shinn, receiver of the Bank of Kent, has filed a report In, which be says that claims to the amount of $6,892.05 have been filed against the bank. There are other claims filed which are proper as to amount, but the claimants ask that the same be set off against obligations due the trust from c.aimants. Tue receiver has received since he assumed charge of the bank $541.54, has expended $35, and still has a balance of $506.59 on hand. He suggests that the court fix the compensation of his attorney, as It will be necessary for him to devote considerable time to the business of the trust during the next five or six months, and suggests that he be granted a reasonable monthly allowance.


Article from The Seattle Post-Intelligencer, December 17, 1896

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# Want a New Receiver. D. A. Neely, S. B. Crockett, F. W. Peabody and thirty-four others, creditors of the Bank of Kent, filed a petition in the superior court yesterday asking that Receiver W. J. Shinn be removed from the position he now occupies, and that some disinterested individual be selected to fill the place. It is alleged that W. J. Shinn, W. H. Overlock, E, S. Osborn, E. P. Tremper and E. S. Blain entered into a conspiracy to have Shinn appointed receiver of the bank for the reason that they were indebted to the bank in large sums at the time the bank was placed in the hands of a receiver; that the receiver has asked the court to provide for the salaries of himself and his attorney, John P. Hartman, jr., for the next six months, and that the bank is a small concern with small assets and is therefore not calculated to stand drains of this kind; that since Shinn was appointed receiver he has only collected $41.57, less $287.54, which latter sum was on hand and passed into his custody when the affairs was placed in his hands, and that the bank's affairs could be better cared for by some one else. It is therefore prayed that a disinterested person be appointed receiver. Judge Langley set down the case for hearing tomorrow.


Article from The Seattle Post-Intelligencer, January 9, 1897

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The prosecuting attorney was yesterday directed, by an order of the board of commissioners, to commence action against County Treasurer John W. Maple and the sureties on his bond to recover the sum of $16,074.18, which the board finds to be the amount of shortage in the setCement of the treasurer's accounts up to December 31. The action of the commissioners implies no question of the treasurer's honesty, for the total of certificates of deposits and cash on hand, as compared with the balance sheet, shows a difference of only 84 cents, and that in favor of Mr. Maple. The shortage is brought about by the refusal of the board to accept the certificates of deposit of receivers of insolvent banks. These certificates are as follows: Bank of Kent, $2,850; Merchants' National bank of Seattle, $7,192.33; Dime Savings bank of Seattle, $1,700; Bank of Auburn, $4,331.85; total, $16,074.18. Treasurer Maple has already commenced proceedings against the several receivers for the recovery of these amounts, and the order of the commissioners that suit be brought against his bond is merely a protective measure. Following is a part of the order showing an account of the moneys at present in the county treasury and on deposit in insolvent banks: "Fred Gasch and W. H. Heaton, county commissioners: Nathan Beman, county auditor. and F. A. Twichell, deputy county auditor, having at the close of business on Thursday, December 31. 1896, counted the currency, coin and checks in the hands of John W. Maple, treasurer of King county, Washington, found that he had in his hands as follows: 25.00 $ Currency 4,125.00 Gold coin 132 70 Silver coin 6.30 Nickel 5-cent pieces 7 00 Pennies Check. F. S. Twichell. on Puget 10 00 Sound National bank. Seattle Check, F. S. Twichell, on Puget 10 00 Sound National bank, Seattle. Check. F. S. Twichell. on Puget 6 50 Sound National bank. Seattle Check, D. Stewart. on BakerBoyer National bank, Walla 87 25 Walla 32 66 Postal money order issued at Kent Three slips for shortages in re1 62 mittances, 11c, 58c, 93c $4,444.03 Total cash items "And the said John W. Maple, county treasurer. having this day filed with the board certificates from banks and bankers. showing deposits in banks solvent and now doing business in the city of Seattle, county of King, state of Washington. which said certificates show deposits of said John W. Maple, county treasurer, in solvent banks to be as follows at the close of business December 31. 1896, (less checks dated on or prior to December 31, 1896, and unpaid): People's Savings bank, of Seattle. 4,000 00 5,234 74 Seattle Savings bank, of Seattle. Scandinavian American bank, of 13,807 05 Seattle National Bank of Commerce, of 48.606 44 Seattle 16.590 50 Boston National bank, of Seattle 22,386 51 First National bank. of Seattle Dexter Horton & Co., of Seattle 37,999 70 Washington National bank, of Se21,842 95 attle Puget Sound National bank, of 26,831 96 Seattle $197,299 85 Total


Article from The Seattle Post-Intelligencer, February 11, 1897

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New Suits Filed. Actions were begun yesterday in the superior court as follows: John F. Brewer V8. John Todd et ux.Deed of conveyance. Stetson & Post Mill Company vs. Duwamish Dairy Company and Washington Dredging Company-Notice of appeal from the board of state land commissioners. Mrs. Mary Clough vs. Edgar G. Clough -Divorce, W. J. Shinn, receiver of the Bank of Kent, vs. Eben S. Osborne et al.-Promissory notes, $2,960, and foreclosure of chattel mortgage. Louisa Cooke vs. James T. Cooke-Divorce.


Article from The Seattle Post-Intelligencer, March 7, 1897

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Court Notes. Trial of the Lowman divorce case is set for Saturday, March 13. The Bank of British Columbia asks for a new trial of its suit against Richard Jeffs. A new trial is prayed for by the defendants in the case of W. H. Peter vs. Thomas F. Drew et al. The divorce case of Annie E. Beach against Walker H. Beach will be heard by Judge Jacobs March 12. Default of certain defendants has been entered in the case of Dexter Horton & Co. against Charles H. Lombard et al. Default of Rothschild Bros., defendants, has been entered in the case of Myer Gottstein against D. K. Howard et al. Default of defendants W. B. Clowe and Annie P. Clowe has been entered in the case of H. M. Chase vs. H. E. Holmes et al. A judgment amounting to $173.15, obtained in 1894 by the State Insurance Company against Andrew J. Prentice, has been bought in by the defendant for $20. Transcript on appeal from Justice Ingersoll was filed yesterday in the case of Garcia Maggini against J. T. Kelley. The Justice's decision was for the defendant. Sheriff Moyer has made return of sale of mortgaged premises in the case of Mary Richardson vs. Helena M. Nash et al. The property was bid in by the plaintiff. Judge Moore has given judgment for costs in favor of the Seattle Title Insurance and Trust Company, in the case of W. J. Shinn, receiver of the Bank of Kent. vs. E. S. Osborn et al. In the case of George Londerville vs. William Wiles, Sheriff Moyer has been directed to sell the shingles of defendant in which plaintiff claims a lien, to Carstens & Earles, that firm having made the best bid. Sheriff's sales of mortgaged premises have been confirmed as follows: George E. Wright vs. Thomas V. Downey; C. E. Burns vs. Geo. E. Hall et al.; W. A. Farley vs. L. N. Bigelow et al. In each case the sale was made to plaintiff. Judge Moore has confirmed the sale under execution of the mortgaged premises in the case of the Nevada Bank of San Francisco vs. A. W. Piper and wife. The bank was the purchaser, and the property is lot 7, block 45, Bell heirs' second addition. In the case of the A. P. Hotaling Company against George K. Coryell, administrator of the estate of Henry Robbins, deceased, Judge Moore renders judgment in favor of plaintiff for the sum of $3,763, interest and costs. Order of sale is made for the mortgaged premises. In the case of William Farrell against Samuel D. Gustin et al., the following defendants have been declared in default: Samuel D. Gustin, Emma L. Gustin, George W. Tibbetts, Rebecca A. Tibbetts, the Merchants' National Bank of Seattle, W. C. Weeks, Judge R. Andrews, Boston National Bank of Seattle, David W. Phipps, Babette Gatzert, Louis Schwabacher, Abraham Schwabacher and Sigmund Schwabacher as executrix and executors of the will of Bailey Gatzert, W. V. Rinehart, sr., John B. Ault, D. S. Swerdfiger and James Hagan, sheriff of Snohomish county.


Article from The Seattle Post-Intelligencer, February 6, 1898

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Court Notes. Judge Jacobs yesterday administered the oath of allegiance to Andrew Willman. Charles M. Close was yesterday granted leave to sue Receiver W. J. Shinn, of the Bank of Kent. License to wed was granted yesterday to Fred C. Baker (26) and Mrs. Addel Hiser (22). both of Seattle, An order of default was signed by Judge Benson yesterday in the case of A. E. Hart et al. vs. P. R. Pratt. In the case of the City of Seattle V8. Jones et al., an order of default was signed yesterday by Judge Benson. The appraisement of the estate of Henry T. Heuss, deceased, was filed yesterday, showing real and personal property to the value of $2,083. Judge Benson yesterday appointed John Davis receiver in the case of Alfred Crebhin vs. Ella M. Sanderson et al. His bond was fixed at $500. Alots Pfester an inmate of the county poor farm, was yesterday committed to the insane asylum. He thinks that hundreds of people are trying to kill him. Judge-Benson yesterday signed a judgment in the case of Joseph Wittaker vs. Allen Crook for $2,964.07. $450 attorney's fees, and for foreclosure of mortgage. The appraisement of the estate of Charles Ross, deceased, was filed yesterday, showing personal property to the value of $4.44 and real property worth $1,400. Judge Jacobs yesterday signed an order restraining William H. Garlinger from interfering with Emcella Garlinger until their divorce suit, now pending. has been settled. In the case of People's Savings Bank vs. W. J. Blackwell, Judge Benson yesterday signed an order of default and a decree of judgment in the sum of $2.92.3 with Interest at 10 per cent., and $296.24 attorney's fees.


Article from The Seattle Post-Intelligencer, September 13, 1900

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IN UPPER COURTS. Thomas Hyde, a native of England. was admitted to citizenship yesterday by Judge Jacoba, The receiver of the Bank of Kent has been or$500. dered to sell & lot in Kent to Fred Zhinden for In the federal court. the application of Ong Look and Tung Kee for writs of habeas corpus has been dismissed on motion of their attorney. The United States court of appeals listened to an guments yesterday on the matter of its jurisdiction city, in the appointment of a receiver for Alaskan propThe case of the state of Washington against Frank Lewis, Dan Oshorne and Lawrence Hart, accused of robbery, will be tried this morning in Judge Benson's department. In the federal court. sale of the schooner Laurel, which was recently libeled. has been ordered. The United States marshal will make the sale on September 24, at 10 a. m. H. Hamigan and William Sparks, incorrigible youths, were resterday committed to the reform school by Judge Benson, Burt Edgar was released on promise of good behavior. Moran Bros. have secured an order to the superior court permitting them to intervene in the case of the Paget Sound National bank against the Standard Theater Company. The case of Cate against Sengrave, for the recorery of money alleged to have been lost in gambling. went to the jury yesterday morning, and a verdict for the defendant was returned. Gideon W. M has filed a complaint for divorce from his wife. ances K. Mortey, alleging drunkenDPHR and other grounds. He has Also decured an order temporarily restraining his wife from visiting their children. Adah Shafer has applied for a divorce from Charles P. Shafer, to when whe married at Seattle in 1892. She alleges that on July 2, 1890, the defendant knocked her down and otherwise shused her, and that he deserted her the next day and has never returned. William Schulta and John Cleary, accused of burgiary. were tried yesterday morning. After wit. nesses for the state had been examined. a motion was entered that the defendants released for want of sufficient evidence to convict. The court took the case from the jury and ordered that the prisoners be allowed their freedom. C. H. Neilson, accused of burglary, was arraigned before Judge Benson yesterday. pleaded guilty, and was sentenced to the years' imprisonment. George Blayton, also scrused of burgiary, entered a piea of guilty. and received eighteen onths Neilson's sentence was made heavy because of the fact that he has already served one term of four years for the same offense. The defendants have filed an answer in the case of A. H. Smith Y3. Joshua Green and others, wherein plaintiff seeks to recover S281 alleged to be due as commission on the erection of & building. The defendants allege that Smith did not properly superintend the erection of the structure, and that his negligence cansed them great expense. They ask judgment in the sum of $2,000 and costs. W. J. McConnell has filed the complaint in an action against John A. Hilyer. He alleges that the defendant is the owner of the Sugualamie hotel. and a short time ago contracted that the plaintiff should be allowed to sell the property for $5,000. all over that figure to be commission. McConnell alleges that he arranged a sale for $6,300, but that defendant refused to allow the sale to be completed. McConnell now asks damages in the sum of $200, commission and costs.


Article from The Seattle Star, May 4, 1901

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AT COURTHOUSE. Yesterday Rory MaeDonald filed his $38,000 bond as administrator to the estate of John MacDonald. F. N. Handy was yesterday ordered to deliver up all papers and documents pertaining to the celebrated Jordan steamboat deal. Yesterday, upon receipt of the fourth report of the receiver of the Bank of Kent, Judge Tallman ordered the payment of 20 per cent. of the face value of all claims against the bank. The report shows a balance on hand of $2201.52.