North Platte National Bank (North Platte, NE)

View Charter #4024 on SPMC View balance sheet

Episode Information

Episode UID
402401140
Episode Type
Suspension β†’ Closure
Bank Type
national
Bank ID
40240 national
Charter Number
4024
Start Date
December 4, 1894
Location
North Platte, Nebraska (41.124, -100.765)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
cba61ec060731068

Response Measures

None

Receivership Details

Depositor recovery rate
81.9%
Date receivership started
1895-01-14
Date receivership terminated
1900-05-01
OCC cause of failure
Losses
Share of assets assessed as good
29.7%
Share of assets assessed as doubtful
62.2%
Share of assets assessed as worthless
8.1%

Description

Initial failure to open preceded appointment of a Comptroller receiver and eventual wind-up; no reopening reported.

Events (5)
1. May 4, 1889 Chartered
Source
historical_nic
2. December 4, 1894 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Failed to open and placed in charge of national bank examiner, indicating bank insolvency/distress.
Newspaper Excerpt
The North Platte (Neb.) National bank failed to open its doors, and it is now in charge of the national bank examiner.
Source
newspapers
3. January 14, 1895 Receivership
Source
historical_nic
4. January 14, 1895 Receivership
Newspaper Excerpt
The Comptroller of the Currency has appointed Milton Doolittle of Atkinson, Nebr., receiver of the North Platte National Bank of North Platte, Nebr.
Source
newspapers
5. March 12, 1895 Other
Newspaper Excerpt
The efforts ... to reorganize and reopen the bank have proven unsuccessful; Receiver Doolittle will commence ... to close up the affairs of the bank as soon as possible.
Source
newspapers

Newspaper Articles (12)
1. December 6, 1894 Connecticut Western News North Canaan, Salisbury, Canaan, CT
Article from Connecticut Western News, December 6, 1894

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Article Text

NEWS OF THE WEEK. Thursday. Nov. 29. in northern Excessive cold is reported Manituba Minnesota and can was The marriage of the enthusias Finland with great Florence Wilkos ad in At Perry. O.T., society Mrs. lady Wilkes of New York, a was prominent divorced from George accused of arson at Joseph Daignault the iron bars was of Blaize Que., sawed panknife and to ready climb the St. cell through out with of the window when caught fishing schooner Gracle down Benson. and in runk of Six her crew Reading Captain The Boston Harvender. harbor was by run the of steamship 18 were drowned office of E A. Danielson street, Boston, a our The builder of Charles were stolen. to with gether was riage entered. and number papers of loases and bills, to the A boiler value bolt of $10,000 which track had been on the placed Hyde in slot of the car by some mall the Francisco, 20 pas street line, San wrecked oar, and sengers cious person. were injured, some seriously. Friday, Nov. 30. the reover ceremonies malbs The of funeral Princess Bismarck were held at Varzin. Chicago police have discovered and arrest an organized The thieving association ed ten of its members property Eight lives have been JOO bas lost been and destroy ed the by amounting forest fires in the bottoms of Tennessee Alabama legislature in to joint as The John T. Morgan the himself sion elected United States senator for six term years British ship Somell has cleared with The San Francisco for Liverpool taken from from wheat cargo ever grain. the biggost it being 6,124 tons of The body to any port of J. T. Stewart, a farmer of claimant a Dumfriesshire millions. England. was found in Quarry ashort T Stewart's distano from his residence Madden Coal Run. Pa. Stephen kill At was shot and instantly aged years. discharge of shotgun which ed was by the accidentally knocked down by younger It is reported brother. that the Bluefields Incl. bean settled. Great Britain Unit dent has representations of the ing, States. upon the admitted that Mr. Gosling. the ed British minister. exceeded his authority Saturday. Dec. 1. persons on Bud Turner's plan from tation Thirteen near Calhoun. Ga. are III poison The Little Rock cotton mille have in opened after an idleness of two years that city There is no truth in the report that died the Grand Duke George, the ozarowitz, on Sunday last In a football game- Millville, of N. the J., Charles Jones suffered concussion brain and is in critical condition John Maronsek aged 15, living at Bal timore. shot bimelf dead beause be was reprimanded by his parents for keeping late hours. A dispatch from Chefu says that of peace between China and Japan have terms almost been arranged through the intervention of the United States. As a result of the threat made by the shut down its refineries Sugar trust to Indemitely there was big flurry in sug ar stocks on the New York Stock Ex change. Monday, Dec. 3. The Yale football team defeated the Princetons at New York by a score of 24 to o. Charles J. Pike Rochester's best known amateur athlete, died of typhold fever. A treaty of commerce and navigation has been signed by the represent tatives of Italy and Japan The Union Savings and Loan Associa sion bank of Portland, Or. was entered by burglars and robbed of $2,500. The report that Minister Denby has ap. pealed for help in a cable message to the department of state was confirmed Returns from London on the sale of sealskins show that the owners operated this year in nearly every instance at a dead loss. Commander Balfington Booth of the Salvation Army is critically in at Chicago with complication of typhold fever and nervous prostration The 24 hour International bicycle race at the Madison Square garden, New York. was won by Waller, who covered 431 miles and-9 laps. Tuesday, Dec. 4. Mrs. William Bliss of Mamaroneck. N. Y was robbed of dismonds worth $2,500 while at a New York hotel The North Platto (Neb. National bank failed to open its doors, and it is now in charge'of the national bank examiner. Hon. R. Johnson Barbour. one of the most eminent Virginians of his time died at CharlottesvHie at an advanced age. King Humbert opened the Italia par liament with touching referunce to the suffering and ruin caused by the recent earthquakes A petroleum train which was derailed near Mershansk. Russia, caught fire and three of the railroad officials were burned to death. The cup challenger built for the syn dicate represented by Lord Dunraven will be launched in April next from Hender son's yard at Meadowside, Scotland The society women of San Francisco in order to ralse money for the support of a ward for Incurables at the Children's hospital. are golug to edit the Christmas edition of The Examiner. Wednesday, Dec. 5. Tramps are terrorizing Wayne county, N. Y. Ex-Congressman Connelly died at Scranon, Pa., after brief illness At Huntington, Ind. quantity of dy. lamite expleded resulting in the instant leath of two men and serious injury to everal others. James Ganham Read who was convict ad of the murder of Florence Dennis at Southend on June 2 last, was hanged at Chelmsford, England Robert V. B West, A wholesale produce dealer of Brooklyn, was killed on the Long Island railroad at Penny bridge, New York, by train Fire broke out in the exposition hall at Omaha, quarters of block and totally destroyed it, together with the First Baptist church Field Marshal Yamagata commander of the Japanese army, is so seriously indisposed that it has been decided necessa ry for him to be invalided. In an attempt to escape from the convict camp at Wells, Tex., Convicts Brandon and Freese shot Guard Foster, who killed Brandon and fatally shot Fronta.

2. December 6, 1894 Mineral Point Tribune Mineral Point, WI
Article from Mineral Point Tribune, December 6, 1894

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NEWS NUGGETS. The Tacoma National bank has gone into liquidation. The North Platte National bank, of Nebraska, has suspended. Richard Quinn was killed in a railroad accident near Port Henry. New York. It is feared that the steamer Kenmore foundered in the fog off the coast of England. The house of Joe Mitchell at Manistique, Mich., burned and his two sons perished in the flames. It is said that republicans are determined upon no tariff legislation until the country has recovered from the last.

3. December 7, 1894 Alma Record Alma, MI
Article from Alma Record, December 7, 1894

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k, hardware store, and Review office burned. rnest Denmire, a farmer near Hamd, Ind., thought he was buying a tning rod for 827, but swindlers deed him into signing a contract and es for 8875 worth. here will be no parade of military panies at Madison when Gov. Upham augurated next January. He says es are too hard to warrant the state aying for any parades. he Paris Figaro urges France to temR SR China up polit owos Adnoso sure y to the English demonetration at san, which it interprets as an intento occupy the island. he Anderson. Ind., paper mills were by Receiver Durbin to Crawford rbanks, president of the American wboard Company of the United tes. The price was $83,000. W. Dennett. a hotel and restaurant per of New York city, has bought farm in Larue county, Kentucky, on ch Abraham Lincoln was born, and put it in complete repair. distinct earthquake shock. accomied by a rumbling sound like distant nder, was felt at 10:50 o'elock Sunday ming at Pittsfield, III. The vibraseemed to be from north to south. he big natural gas main which the roit Gas Company has been pulling oss to Canada beneath the Detroit er successfully brought the product he Canadian gas fields into that city. he city council of Abingdon, III., has sed an ordinance prohibiting the pracof hypnotism upon anyone under 21 rs of age. The council has decided t it is injurious to practice the science. ristien Kortgaard.convicted of wreckthe state bank of which he was pres-u] up given SEM 18 ''' erminate reformatory sentence in the -jeadde been seq 0880 SIH prison 0 he North Platte National bank failed pen its doors Monday morning and it bw in charge of the national bank minor. The assets and liabilities are Vet known. It had a capital stock of *000 rus Newkirk. President of the det Sedalia, Mo., National Bank, has 1 indicted by the grand jury on nine nts for forgery and grand larceny, same as J. C. Thomson, the fugitive ier. bung Bob Isom. the lightweight coljockey, furnished the sensation of day at the San Francisco races by bing Robert Combs, another jockey, you II serious B Indicting pur back at "Ρ€ΠΈΠΏΠΎΠΌ I he Twenty-fifth anniversary of the nation to the priesthood of Right John J. Hennessey, bishop of Wichwas celebrated with great pomp. A -quesead SBM 00018 JOAO es 'AossouweH Bishop o en. Juan Mendez, formerly governor he state of Puebla, died in the City of ico. At the time of his demise he the high position of president of the reme Court of Military Justice. Gen. 1880. up uroa SEM zapi New York syndicate has purchased tly all the fine timber land in Jackand Swain counties in western North blina One transaction alone amounto $140,000. A part of the land was zht from the Cherokee Indians. erwood Dixon, United States district rney for the northern district of Illideath $1H *Ampung Chicago 18 perp : caused by a complication of throat bronchial troubles, with which he been afflicted for several years. well-known capitalist, withlarge insts in Texas and Kansas just return'om Texas. says the wheat crop of state has already virtually been fed nd milled,and wheat is being shipped ore in the shape of flour than as TB Boise City, Idaho, in a hole being di to explore for placer gold below false bed-rock the drill has struck a ledge. The rock assays three ounces old and twenty-eight ounces of silver ton. The discovery was made at a [100] 470 JO 4

4. January 15, 1895 The Morning Call San Francisco, CA
Article from The Morning Call, January 15, 1895

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Appointed by Eckels. WASHINGTON, Jan. 14.-The Comptroller of the Currency has appointed Milton Doolittle of Atkinson, Nebr., receiver of the North Platte National Bank of North Platte, Nebr.

5. January 19, 1895 The Washburn Leader Washburn, ND
Article from The Washburn Leader, January 19, 1895

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Receiver Appointed. Washington, Jan. 16.-The controller of the currency has appointed Milton Doolittle of Atkinson. Neb., receiver for the North Platte National Bank of North Platte, Neb.

6. January 25, 1895 Hot Springs Weekly Star Hot Springs, SD
Article from Hot Springs Weekly Star, January 25, 1895

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Miscellaneous Washington News. Senator-elect Gear is reported to be much better. He is still unable to receive visitors, however. A postoffice hss been established at Rain, Hayes County, Neb., and Charlie B. French commissioned postmaster. The Comptroller of the Currency has appointed Milton Doolittle of Atkins, Neb., receiver of the North Platte National Bank of North Platte, Neb. The Comptroller of the Currenoy has approved the selection of the Union Nationai Bank of Omaha as a reserve agent for Neb. the First National Bank of Neligh,

7. March 13, 1895 Omaha Daily Bee Omaha, NE
Article from Omaha Daily Bee, March 13, 1895

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Reorganization Was Imposs bie. NORTH PLATTE, Neb., March 12.-(Special Telegram.)-The efforts of the directors and stockholders of the North Platte National bank, which has been in the hands of a receiver for several months, have proven unsuccessful, so far as concerns reorganizing and reopening the bank. Receiver Doolittle will commence tomorrow and proceed to close up the affairs of the bank as soon as possible. It is thought that depositors will be paid in full.

8. November 30, 1898 Omaha Daily Bee Omaha, NE
Article from Omaha Daily Bee, November 30, 1898

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# North Platte After Its Money. The case of the City of North Platte against Milton Doolittle, receiver of the North Platte National bank, has been transferred from the state to the United States court. The plaintiff sues to recover on a deposit of $331 made by the city treasurer of North Platte in the bank before the institution closed and became insolvent.

9. January 19, 1899 The Farmington Times Farmington, MO
Article from The Farmington Times, January 19, 1899

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LATER NEWS. In the senate, on the 16th. no seesion for the regular transaction of business WHM held. When the body convened at 12 o'clock it proceeded at once to the hall of the house of representatives to attend as a body the funeral of the late Representative Nelson Dingley. At one o'clock the senate returned to its chamber. Jonathan Ross, appointed by Gov. Smith of Vermont, to fill the unexpired term of the late Senator Morrill, was sworn in, In the and the senate adjourned house no business was transacted beside attending the funeral obsequies of the late Representative Dingley. It is practically certain that the consolidation of the chewing gum business recently announced will be brought about next spring. The plan is to purchase the chewing gum factories by a corporation with a capital stock amounting to $15,000,000 and backed by the American Trust and Savings bank of Chicago and the Manhattan Trust Co. of New York, to be formed for that purpose. On the 16th the comptroller of the currency declared the following dividends in favor of the creditors of insolvent national banks: Five per cent. in favor of the depositors of the North Platte national bank. of North Platte, Neb., and 20 per cent. to the creditors of the insolvent First national bank of Emporia, Kas., on or before Februt ary 15. The statedepartment at Washington has instructed the United States embassy in Berlin to bring about the discharge from the German army of William Brier, of Cineinnati, who was impressed contrary to treaty provisions. : The Bennington sailed from Honolulu, on the 17th. for Guam, in accordance with the orders of the navy department. On the way over she will stop at Wake island and take possession of it for use as a cable station. Impressive funeral obsequies in the hall of the house of representatives, on the 16th, were held over the remains of the late Representative Nelson Dingley, of Maine. A strong earthquake shock at Santander, Spain, one o'clock in the morning of the 16th. threw the inhabitants of the city into a panie. A number of windows were broken. I Gen. Guy V. Henry, governor of Porto Rico, promised certain concessions to the councilmen of San Juan, and the latter thereupon have withdrawa their resignations.

10. October 9, 1899 Omaha Daily Bee Omaha, NE
Article from Omaha Daily Bee, October 9, 1899

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Nebraska News Notes. Stuart has organized a creamer Pender is preparing to build a t ddition to its public school buildin Webster county had an exhibit products at the Galesburg (III.) str ] Potatoes are so plentiful in county that they are a drug on t) The St. Paul & Omaha road has work for the season at the gravel ΔΎekamah. A woman's suffrage convention i to meet at Papillion October 16 and session two days. The Hebron school board has ser on parents that the compulso law will be strictly enforce Madison can hoast of a whole m one block. There are Coons, Volves, Lyons, Swallows and Hav Saline county has money in its 1 and pays its bills with checks of warrants, as has been the eus years. Arapahoe will dedicate its new house on the 23d. The Woodwar has been engaged for the performance. A boy named Muhlenburg, wh Winside, fell from a wagon stick through his cheek, severel both the cheek and his ton The Beatrice canning factory ha on corn and tomatoes this and now plans to buy up a lot o and pumpkins. By so doing the pl in operation nearly all the y The trustees of the Methodist F hurch at Bartley had a meeting anged for the purchase of two lots to Rev. Grissell, on which to e church. The Nebraska Chicory comp Schuyler has commenced getting chicory crop. It looks well and I good yield, but it is not known will turn out in weight. C. E. Niccolls, who lives two mil of Leigh, has about fifteen acres that are yielding about 300 acre. He will hold them unti unless the price advances conside The new Odd Fellows' lodge at W was instituted Friday evening with members, twenty-five by initiation by card. Officers of the grai were present and a royal good tii The icehouse of the South Platte at Seward burned. The build far out for the firemen to and nothing could be done but t burn to the ground. There was in the building. Word has been received in Sarpy of the suicide of a daughter of Rickett, who resided near Papillio five years ago. The self-murder in Houson, Tex., and it is said was by a disappointment in love a Monday evening between 7 and $ fire consumed several thousand bu corn and several tons of hay, with all the buildings except the the old Bellows farm, three a half miles west of Weeping Wat Upon the recommendation of Doolittle. Comptroller Dawes has 1, 1900, as the date for the 1 up of the North Platte Natio trust. The assets of the bank wh not been realized upon will be ol public sale on Saturday, December An attempt was made to rob t office at Merna Thursday night. T police, however, appeared upon the time to arrest the burglar. The re tempted to make his escape by run was brought to a sudden halt by th taking a shot at him, hittin the leg.

11. November 10, 1899 Omaha Daily Bee Omaha, NE
Article from Omaha Daily Bee, November 10, 1899

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Bank Assets to Be Sold. Upon the application of Milton Doolittle, receiver of the North Platte National bank, Judge Munger of the federal court has issued an order that the assets of the institution be sold at auction on December 30 at North Platte.

12. November 17, 1899 The Black Hills Union Rapid City, SD
Article from The Black Hills Union, November 17, 1899

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Wants to Wind Up. Milton Doolittle, receiver of the National bank of North Platte, Neb., has made application in the United States court to dispose of the assets of the institution and close up the business, asking that he may so advertise at once and end the work by the 30th of December.