Mono County Bank (Bodie, CA)

Episode Information

Episode UID
300326391033
Episode Type
Suspension → Closure
Bank Type
trust
Bank ID
30032639 hash
Start Date
January 14, 1886
Location
Bodie, California (38.212, -119.012)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
2f69ee746ce31d83

Response Measures

None

Description

Initially posted as a temporary suspension after a protested draft; subsequent investigations indicate the bank failed and a receiver will realize assets.

Events (2)
1. January 14, 1886 Suspension
Cause
Correspondent
Cause Details
A draft made by the Mono County Bank on the Anglo-California Bank of San Francisco was protested.
Newspaper Excerpt
The Mono County Bank is compelled to suspend temporarily.
Source
newspapers
2. January 20, 1886 Receivership
Newspaper Excerpt
The investigators found the sum of $2,097 in the big vault...a receiver will in time realize upon various bills receivable and other assets not now considered.
Source
newspapers

Newspaper Articles (11)
1. January 13, 1886 Macon Beacon Macon, MS
Article from Macon Beacon, January 13, 1886

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Article Text

FRIGHTFUL RAILROAD ACCIDENT. A Passenger Train Wrecked at Valvidia, Mexico, and Thirty Soldiers Killed-Six Mexican Scouts Killed by Indians. PAIETA, Mex., January 16. .-A train conreying a military company was completely wrecked Wednesday night at Valvidia. Thirty soldiers, including eleven officers, were killed. The late severe cold has done great damage to the orange groves between Monterey and the Rio Grande. The temperature fell to five degrees below zero, the lowest point for twenty years. EL PASO, Tex., January 16. - -The Mormons of Prina, Arizona, have asked Governor Zulick for arms. to protect themselves from the Apaches. This causes much comment. as the Mormons have always been friendly with the Anaches. Some predict that if the arms are furnished they will be sold to the Indians. Lord Delavan Beresford, the English nobleman who superintends the San Domingo ranch. in Chihuahua, Mexico, are rived here on Thursday. He states that before he left the ranch an engagement took place between Government scouts and hostile Indians near Casas Grandes, and six scouts were killed. SILVER CITY. N. M., January 16.-The Apaches have killed John Hudson, a prominent ranch owner, and his hired man, William Malone, in eastern Arizona. The Indians are said to be on their way to Mexico, and to be killing every white man they meet. BODIE, Cal., January 16.-The Mono County Bank has suspended payment. The liabilities are about $45,000.

2. January 15, 1886 The Indianapolis Journal Indianapolis, IN
Article from The Indianapolis Journal, January 15, 1886

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Article Text

Suspension of a California Bank. BODIE, Cal., Jan. 14.-The / following notice was posted on the Mono County Bank doors this morning: "The Mono County Bank is compelled to suspend, temporarily. Mr. O. A. Fakes has charge of the same pending the wish of the creditors." Upon inquiry it was ascertained that the principal cause was that a draft made by the bank on the Anglo-California Bank of San Francisco had been protested. Mr. Barton, one of the heaviest stockholders, is expected to arrive here Saturday. It is believed he will settle all claims in full. The last semi-annual statement showed $43,000 liabilities, and assets for the same amount, of which $17,000 were loaned on its stocks and bonds.

3. January 15, 1886 Los Angeles Daily Herald Los Angeles, CA
Article from Los Angeles Daily Herald, January 15, 1886

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Article Text

Closing of Mono County Bank. BODIE, January 14.--The following notice was posted on the Mono County Bank doors this morning: "The Mono County Bank is compelled to suspend temporarity. Mr. o. F. Hakes has charge of the same pending the wish of the creditors. Signed, H. F. Hastings, cashier." Upon inquiry it was ascertained that the principal cause was that a draft made by the bank on the AngloCalifornia Bank, of San Francisco, had been protested. Mr. Barton, one of the heaviest stockholders, is expected to arrive Saturday. It is believed he will settle all claims in full. The last semiannual statement showed $43,000 habilities and assets for the same amount, of which $17,000 were loans on stocks and bonds.

4. January 15, 1886 The Salt Lake Herald Salt Lake City, UT
Article from The Salt Lake Herald, January 15, 1886

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Article Text

A Bank Suspension. SAN FRANCISCO, January 14.-Bodie, Cal.: The following notice was posted on the Mono County Bank doors this morning: The Mono County Bank is compelled to suspend temporarily. Mr. 0. F. Hakes has charge of the same pending the wish of the creditors. (Signed,) H. F. HASTINGS, Cashier. Upon inquiring it was ascertained that the principal cause was that a draft made by the bank on the AngloCalifornia Bank, San Francisco, had been protested. Mr. Barton, one of the heaviest stockholders, is expected to arrive on Saturday. It is believed he will settle all claims in full. The last semi-annual statement showed $43,000 liabilities and assets for the same amount, of which $17,000 were loans on stocks and bonds.

5. January 16, 1886 Eureka Daily Sentinel Eureka, NV
Article from Eureka Daily Sentinel, January 16, 1886

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Article Text

A Bodie Bank Suspends. [SPECIAL TO THE BENTINEL.] BODIE, Cal., Jan. 15.-The Mono County Bank yesterday morning closed its doors, and the following notice was posted: The Mono County Bank is compelled to suspend temporarily. Mr. o. F. Hakes has charge of the same, pending the wish of the creditors. (Signed): H. F. HASTINGS, Cashier. Upon inquiry it was ascertained that the principal cause was that the draft made by the bank on the Anglo-California Bank of San Francisco had been protested. Mr. Barton, one of the heaviest stockholders, is expected here on Saturday. It is believed he will settle all claims in full. The llabilities or assets cannot be ascertained at the present.

6. January 20, 1886 The Wellington Enterprise Wellington, OH
Article from The Wellington Enterprise, January 20, 1886

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Article Text

FRIGHTFUL RAILROAD ACCIDENT. A Passenger Train Wrecked at Valvidia, Mexico, and Thirty Soldiers Killed-Six Mexican Scouts Killed by Indians. PAIETA, Mex., January 16.-A train conveying a military company was completely wrecked Wednesday night at Valvidia. Thirty soldiers, including eleven officers, were killed. The late severe cold has done great damage to the orange groves between Monterey and the Rio Grande. The temperature fell to five degrees below zero, the lowest point for twenty years. EL PASO, Tex., January 16.-The Mormons of Prina, Arizona, have asked Governor Zulick for arms. to protect themselves from the Apaches. This causes much comment, as the Mormons have always been friendly with the Apaches. Some predict that if the arms are furnished they will be sold to the Indians. Lord Delavan Beresford, the English nobleman who superintends the San Domingo ranch, in Chihuahua, Mexico, arrived here on Thursday. He states that before he left the ranch an engagement took place between Government scouts and hostile Indians near Casas Grandes, and six scouts were killed. SILVER CITY. N. M., January 16.-The Apaches have killed John Hudson, a prominent ranch owner, and his hired man, William Malone, in eastern Arizona. The Indians are said to be on their way to Mexico, and to be killing every white man they meet. BODIE. Cal., January 16.-The Mono County Bank has suspended payment. The liabilities are about $45,000.

7. January 20, 1886 Eureka Daily Sentinel Eureka, NV
Article from Eureka Daily Sentinel, January 20, 1886

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Article Text

The Mono County Bank Failure. Speaking of the failure of the Mono County Bank the Bodie Free Press of last Friday says: "On receipt of the news to-day that Barton (President of the in. stitution) wanted a statement of the financial condition of things, a committee previously selected by depositors made an examination of the books-assisted by Messrs. Hastings and Benedict-found that the directors will have to put up about $30,000 in cash to make Bodie depositors even. The investigators found the sum of $2,097 in the big vault, which is there now safe enough. The bank is undoubtedly gone out of existence, NO far as by late managers. Every actual depositor will be paid in full, and a receiver will in time realize upon various bills receivable and other assets not now considered. We forbear comments for the present, only to say that the unfortunate affair, occurring from whatever cause it may, is not half 80 serious to the public as has been painted by some.

8. January 21, 1886 Ceredo Advance Ceredo, WV
Article from Ceredo Advance, January 21, 1886

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Article Text

FRIGHTFUL RAILROAD ACCIDENT. A Passenger Train Wrecked at Valvidia, Mexico, and Thirty Soldiers Killed-Six Mexican Scouts Killed by Indiana. PAIETA, Mex., January 16.-A train conveying a military company was completely wrecked Wednesday night at Valvidia. Thirty soldiers, including eleven officers, were killed. The late severe cold has done great damage to the orange groves between Monterey and the Rio Grande. The temperature fell to five degrees below zero, the lowest point for twenty years. EL PASO, Tex., January 16.-The Mormons of Prina, Arizona, have asked Governor Zuliek for arms. to protect themselves from the paches. This causes much comment. as the Mormons have always been friendly with the A paches. Some predict that if the arms are furnished they will be sold to the Indians. Lord Delavan Beresford, the English nobleman who superintends the San Domingo ranch. in Chihuahua, Mexico. arrived here on Thursday. He states that before he left the ranch an engagement ook place between Government scouts and hostile Indians near Casas Grandes, and six scouts were killed. SILVER CITY. N. M., January 16.-The Apaches have killed John Hudson, a prominent ranch owner, and his hired man, William Malone, in eastern Arizona. The Indians are said to be on their way to Mexico, and to be killing every white man they meet. BODIE, Cal., January 16. The Mono County Bank has suspended payment. The liabilities are about $45,000.

9. January 21, 1886 The Eaton Democrat Eaton, OH
Article from The Eaton Democrat, January 21, 1886

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Article Text

FRIGHTFUL RAILROAD ACCIDENT. A Passenger Train Wrecked at Valvidia, Mexico, and Thirty Soldiers Killed-Six Mexican Scouts Killed by Indians. PAIETA, Mex., January 16.-A train conveying a military company was completely wrecked Wednesday night at Valvidia. Thirty soldiers, including eleven officers, were killed. The late severe cold has done great dam. age to the orange groves between Monterey and the Rio Grande. The temperature fell to five degrees below zero, the lowest point for twenty years. EL Paso, Tex., January 6.-The Mormons of Prina, Arizona, have asked Governor Zulick for arms. to protect themselves from the Apaches. This causes much comment, as the Mormons have always been friendly with the Apaches. Some predict that if the arms are furnished they will be sold to the Indians. Lord Delavan Beresford, the English nobleman who superintends the San Domingo ranch. in Chibuahua, Mexico, arrived here on Thursday. He states that before he left the ranch an engagement took place between Government scouts and hostile Indians near Casas Grandes, and six scouts were killed. SILVER CITY, N. M., January 16.-The Apaches have killed John Hudson, a prominent ranch owner, and his hired man, William Malone, in eastern Arizona. The Indians are said to be on their way to Mexico, and to be killing every white man they meet. BODIE, Cal., January 16.-The Mono County Bank has suspended payment. The liabilities are about $45,000.

10. January 22, 1886 Sacramento Daily Record-Union Sacramento, CA
Article from Sacramento Daily Record-Union, January 22, 1886

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Article Text

BODIE'S BUSTED BANK.-The Virginia (Nev.) Enterprise says: An investigation of the affairs of the Mono Bank, at Bodie, which suspended payment last Thursday, shows that the Directors will have to put up about $30,000 in cash to make Bodie depositors even. The investigators found the sum of $2,097 in the vault. The Free Press says that the bank has evidently gone out of existence. Every actual depositor will be paid in full.

11. January 26, 1886 The Pacific Commercial Advertiser Honolulu, HI
Article from The Pacific Commercial Advertiser, January 26, 1886

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Article Text

January 15th. The Mormons in a Southern Arizona settlement have asked Governor Zulick to supply them with arms, and it is said that they have been in the habit of supplying renegade Aapaches with guns and ammunition. -The Anti-Chinese League at San Jose have decided to call a State convention to meet in February.-An Apache scout killed a quartermaster's sergeant in a dispute over rations, and was allowed to escape unhavined.-The Mono County Bank at Bodie has suspended. Joe Doesch made an unsuccessful attempt to assassinate Judge Livingston at Lancaster, Pa.-The cold has destroyed 500,000 boxes of oranges in Florida.-The water supply of Cleveland has been cut off by ice packing the supply pipe of the water works.-The ship Undaunted has probably been wrecked between New York and Philadelphia. - Eighteen persons are known to have perished of cold in Kansas in one week.