Bank of Puyallup (Puyallup, WA)

Episode Information

Episode UID
4233629991121
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
423362999 hash
Start Date
May 26, 1893
Location
Puyallup, Washington (47.185, -122.293)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
6ab0e9f033e6e214

Response Measures

None

Description

Contemporaneous reports attribute the closure to a money-market stringency; subsequent arrest for embezzlement and appointment of a receiver indicate permanent failure.

Events (3)

1. May 26, 1893 Suspension
Cause
Macro News
Cause Details
Notice on door and contemporaneous reports cite stringency in the money market as reason for closing.
Newspaper Excerpt
A notice posted on the door states that it has closed on account of the stringency in the money market.
Source
newspapers
2. May 27, 1893 Receivership
Newspaper Excerpt
A. G. Matthews filed a suit here to-day asking that a receiver be appointed, stating the liabilities of the bank to be $80,000.
Source
newspapers
3. July 16, 1893 Other
Newspaper Excerpt
S. N. Duzenbury, cashier of the suspended bank of Puyallup, has been arrested on a charge of embezzling $41,000 of the bank's funds.
Source
newspapers

Newspaper Articles (15)

Article from The Record-Union, May 27, 1893

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Article Text

A Bank Suspends. TACOMA (Wash.), May 26.-The Bank of Puyallup closed its doors this morning. A notice posted on the door states that it has closed on account of the stringency in the money market. A. G. Matthews filed a suit here to-day asking that a receiver be appointed, stating the liabilities of the bank to be $80,000. Matthews deposited $1,500 yesterday and attempted to draw it out to-day, but was refused payment.


Article from St. Paul Daily Globe, May 27, 1893

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Article Text

Closed Its Doors. TACOMA, Wash., May 26.-The - Bank of Puyallup, at Puyallup, closed its doors this morning. A notice stated it had closed on account of the stringency of the money market. A. G. Matthews filed suit here today asking that a receiver be appointed, stating the liabilities of the bank were $30,000. Matthews deposited $1,500 yesterday and attemptea to draw it out today, but was refused.


Article from The Morning Call, May 27, 1893

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Article Text

BANK OF PUYALLUP FAILS. The Closure Due to a Stringency in the Money Market. TACOMA, May 26.-The Bank of Puyallup closed its doors this morning. A notice on the door says that it closed on account of a stringency in the money market. A. C. Matthews filed a suit here to-day asking that a receiver be appointed, and stating that the liabilities of the bank were $80,000. Matthews deposited $1500 yesterday and attempted to draw it out to-day, but was refused payment.


Article from Courier Democrat, June 1, 1893

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Article Text

Asks for a Receiver. Tacoma. Wash.. May 27.-The - Bank of Puyallup closed its doors this morning. A notice stated it had closed on account of the, stringency of the money market. A. G. Matthews filed suit here to-day asking that' a receiver be appointed. stating the liabilities of the bank to be $80,000. Matthews deposited $1,500 yesterday and attempted to draw it out to-day, but was refused.


Article from The Weekly Tribune, June 2, 1893

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Article Text

A Bank at Payallup Goes Under. TACOMA, May 26. The Bank of Puyallup closed its doors this morning. The notice stated that it had closed on account of the stringency of the money market. A. G. Matthews filed suit today asking that a receiver be appointed, stating that the liabilities were $80,000. Matthews deposited $1,500 yesterday and attempted to draw it today, but was refused.


Article from The Dalles Times-Mountaineer, June 3, 1893

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Article Text

Failure of the Bank of Payallup. TACOMA May 26-The Bank of Puy-. allup, al Puyallup. closed its doors this morning A notice posted on the door stated that it was closed ou account of the string+ney of the money market. A G Matthews filed a suit here today sking that a receiver he appointed, staring that the liabilities of the bank were $80,000 Matthews deposited $1500 yes'erdav and attempted to draw it out today. but was refused.


Article from The Morning News, July 17, 1893

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Article Text

Arrested for Embezzlement. Tacoma, Wash., July 16.-S. N. Duzenbury, cashier of the suspended bank of Puyallup, has been arrested on a charge of embezzeling $41,000 of the bank's funds. The charge has caused a big sensation, as Duzenbury was a prominent man in the business and social circles of Tacoma.


Article from The Evening Herald, July 17, 1893

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Article Text

A "Prominent" Bank Cashier Jailed. TACOMA, Wash., July 17.-S. N. Dusenbery, cashier of the suspended Bank of Puyallup, has been arrested on a charge of embezzling $41,000 of the bank's funds. The charge and the arrest has caused a big sensation, as Dusenbery was a prominent man in business and social circles of Tacoma.


Article from The Atlanta Constitution, July 18, 1893

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Article Text

P The Cashier Got $41,000. Taeona. Wash.. July 16.-S. N. Dussenbarre, cashier of the suspended bank of Puyallup, was arrested today charged with embezzling $41,000 of the bank's funds. The ar-


Article from The Roanoke Times, July 18, 1893

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Article Text

A "Prominent" Bank Cashier Jailed. TACOMA, Wash., July 17.-S. N. Dusenbery, cashier of the suspended Bank of Puyallup, has been arrested on a charge of embezzling $41,000 of the bank's funds. The charge and the arrest has caused a big sensation, as Dusenbery was a prominent man in business and social circles of Tacoma.


Article from The Roanoke Times, July 18, 1893

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Article Text

Cashier Dusenberry Arrested. TACOMA, Wash., July 17.-S. N. Dusenberry, cashier of the suspended Bank of Puyallup, has been arrested on a charge of embezzling $41,000 of the bank's funds. The charge and arrest have caused a big sensation, as Dusenberry was a prominent man in business and social circles of Tacoma.


Article from The Seattle Post-Intelligencer, September 12, 1893

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Article Text

Brief Tacoma News. Receiver Barto, of the Bank of Puyallup, has been ordered to bring suit for the payment of unpaid stock subscriptions. The receiver of the North Olympia Land Company filed has his report estimating the assets at $74,188, the liabilities at $36,027.


Article from The Seattle Post-Intelligencer, July 4, 1894

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Article Text

Brief Tacoma News. TACOMA. July 3.-[Speclal.]-By an explosion of firecrackers held in his hand Frank Gilchrist was severely burned about the eyes and face today. Receiver Dunning, of the Skagit Boom Company, was today ordered to sell the "worthless" timber claims held among the assets of the company for $26. Receiver Barto, of the Bank of Puyallup, began a suit today to recover $5,000 from the Missouri, Kansas and Texas Trust Company on the bond of ex-Cashier Dusinberre, of the bank. The case was subsequently dismissed.


Article from The Seattle Post-Intelligencer, December 29, 1895

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Article Text

Defaulter Dusinberre's Insurance. Tacoma, Dec. 28.-Special.-Judge Stallcup today authorized Receiver Barto, of the Bank of Puyallup, to accept $2,500 in paymentof the bank's claim of $5,000 against the Missouri. Kansas and Texas Trust Company. The trust company insured the bank for the faithful and honest performance of his duties by S. B. Dusinberre, in $5,000.


Article from The Seattle Post-Intelligencer, February 11, 1896

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Article Text

Brief Tacoma News. Tacoma, Feb. 10. - Special. - Receiver Barto, of the Bank of Puyallup, was today ordered to pay a dividend of 4 per cent. by the superior court. George White, who pleaded guilty to burglary, was sentenced to three years in the penitentiary. Wednesday being the anniversary of Lincoln's birthday, the city hall and courthouse will be closed. The trial of Robert McKinney, charged with making a murderous assault on Mrs. Lizzie Kerch and her daughter Annie, was