Shell Lake Savings Bank (Shell Lake, WI)

Episode Information

Episode UID
2644989091122
Episode Type
Suspension → Reopening
Bank Type
savings
Bank ID
264498909 hash
Start Date
June 8, 1893
Location
Shell Lake, Wisconsin (45.739, -91.925)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
114de9d305728f01

Response Measures

None

Description

Suspension appears linked to failure/suspension of A. C. Probert's private bank at Washburn.

Events (4)
1. June 8, 1893 Suspension
Cause
Local Banks
Cause Details
Suspension occurred and was reported as 'supposed to be owing to the suspension of A. C. Probert's private bank at Washburn.'
Newspaper Excerpt
SHELL LAKE. WIS.. June 8.-The Shell Lake Savings Bank suspended yesterday.
Source
newspapers
2. October 21, 1893 Other
Newspaper Excerpt
Arranging For Resumption. SHELL LAKE, Wis., Oct. 21.-A. C. Probert ... has notified his depositors that he has partially perfected arrangements which will enable him to resume. Mr. Probert and his cashier are under arrest ... if the settlement is made it is believed ... criminal proceedings will be dropped.
Source
newspapers
3. March 23, 1894 Reopening
Newspaper Excerpt
The bank has recently, resumed and is doing a good business.
Source
newspapers
4. September 24, 1895 Other
Newspaper Excerpt
The Shell Lake Savings bank here, which assigned two years ago, and reopened by consent of depositors in March, 1894, was sold by the sheriff under execution, and bought in by Capt. Bourne ... The bank is still open for business.
Source
newspapers

Newspaper Articles (13)
1. June 8, 1893 Evening Star Washington, DC
Article from Evening Star, June 8, 1893

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Article Text

More Western Banks Close. ASHLAND, WIS.. June 8.-The Bank of Washbun closed its doors yesterday morning. Officers claim that suspension is only temporary on account of financial stringency, and that it will reopen in a few davs. SHELL LAKE. WIS.. June 8.-The Shell Lake Savings Bank suspended yesterday.

2. June 9, 1893 The Morning News Savannah, GA
Article from The Morning News, June 9, 1893

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Article Text

Two Banks Closed in Wisconsin. Ashland, Wis., June 8.-The Bank of Washburn closed its doors yesterday. The officers claim that the suspension is only temporary. A SHELL LAKE BANK SHUT, Shell Lake, Wis., Jtine 8.-The Shell Lake Savings Bank suspended yesterday.

3. June 9, 1893 St. Paul Daily Globe Saint Paul, MN
Article from St. Paul Daily Globe, June 9, 1893

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Article Text

Depositors Are Uneasy. SHELL LAKE, Wis., June 8. - The Shell Lake Savings bank has closed its doors, supposed to be owing to the suspension of A. C. Probert's private bank at Washburn. Depositors are uneasy, yet great confidence is reposed in the management of the bank.

4. June 10, 1893 The Madison Daily Leader Madison, SD
Article from The Madison Daily Leader, June 10, 1893

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Article Text

Depositors Are Uneasy. SHELL LAKE, Wis.. June 10.-The Shell Lake Savings Bank has closed its doors, supposed to be owing to the suspension of A. C. Probert's private bank at Washburn. Depositors are uneasy, yet great confidence is reposed in the management of the bank.

5. October 21, 1893 The Madison Daily Leader Madison, SD
Article from The Madison Daily Leader, October 21, 1893

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Article Text

Arranging For Resumption. SHELL LAKE, Wis., Oct. 21.-A. C. Probert, president of the suspended Shell Lake Savings bank, also the Bank of Washburn and the Bank of Prescott, has just returned from a trip to the East, and has notified his depositors that he has partially perfected arrangements which will enable him to resume. Mr. Probert and his cashier are under arrest on several charges, and if the settlement is made it is believed by many that it means the criminal proceedings will be dropped.

6. March 23, 1894 The Madison Daily Leader Madison, SD
Article from The Madison Daily Leader, March 23, 1894

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Article Text

Bankers Discharged, SHELL LAKE. Wis., March 23.-The March term of the circuit court has adjourned. The most important business was the discharge of A. C. and Edwin Probert, the bankers arrested last July after the suspension of the Shell Lake Savings bank, charged with embezzlement and recoiving deposits arter the bank was insolvent. The bank has recently, resumed and is doing a good business.

7. September 24, 1895 St. Paul Daily Globe Saint Paul, MN
Article from St. Paul Daily Globe, September 24, 1895

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Article Text

Shell Lake Bank Sold. SHELL LAKE, Wis., Sept. - -The Shell Lake Savings bank here, which assigned two years ago, and reopened by consent of depositors in March, 1894, was sold today by the sheriff under execution, and bought in by Capt. Bourne, of this place. The bank was to pay in four payments, three of which are now past due. and unpaid. The bank is still open for business.

8. September 25, 1895 The Madison Daily Leader Madison, SD
Article from The Madison Daily Leader, September 25, 1895

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Article Text

Bank Sold by Sheriff. SHELL LAKE, Wis., Sept. 25.-The Shell Lake Savings bank here, which assigned two years ago, and reopened by consent of depositors in March, 1894, was sold by the sheriff under execution

9. September 25, 1895 The Representative Saint Paul, Minneapolis, MN
Article from The Representative, September 25, 1895

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Article Text

Shell Lake, Wis.-The Shell Lake Savings bank here, which assigned two years ago, and reopened by the consent of the depositors in March 1894, was sold by the sheriff under execution, and bought in by Capt. Bourne, of this place.

10. September 26, 1895 The Worthington Advance Worthington, MN
Article from The Worthington Advance, September 26, 1895

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Article Text

Bank Sold by Sheriff. SHELL LAKE, Wis., Sept. 24.-The Shell Lake Savings bank here, which assigned two years ago, and reopened by consent of depositors in March, 1894, was sold by the sheriff under execution.

11. September 26, 1895 The Sauk Centre Herald Sauk Centre, MN
Article from The Sauk Centre Herald, September 26, 1895

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Article Text

Bank Sold by Sheriff. SHELL LAKE, Wis., Sept. 25.-The Shell Lake Savings bank here, which assigned two years ago, and reopened by consent of depositors in March, 1894, was sold by the sheriff under execution.

12. September 27, 1895 Little Falls Weekly Transcript Little Falls, MN
Article from Little Falls Weekly Transcript, September 27, 1895

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Article Text

Bank Sold by Sheriff. SHELL LAKE, Wis., Sept. 24.-The Shell Lake Savings bank here, which assigned two years ago, and reopened by consent of depositors in March, 1894, was sold by the sheriff under execution.

13. September 27, 1895 Bismarck Weekly Tribune Bismarck, ND
Article from Bismarck Weekly Tribune, September 27, 1895

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Article Text

Bank Sold by Sheriff. SHELL LAKE, Wis., Sept. 25.-The Shell Lake Savings bank here, which assigned two years ago, and reopened by consent of depositors in March, 1894, was sold by the sheriff under execution