gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
3066e2780e6c17bd
Response Measures
None
Description
Run in Sept 1890 preceded suspension/assignment in Nov 1890; later receivership and indictments for officers.
Events (3)
1.September 26, 1890Run
Cause
Local Banks
Cause Details
Run triggered by failure of the Capital Bank (another local bank) in Guthrie.
Measures
Relief from other points provided funds and the bank 'tided over the crisis.'
Newspaper Excerpt
The failure of the Capital Bank last Wednesday caused a run to day on the Commercial Bank, which nearly caused it to close the doors.
Source
newspapers
2.November 21, 1890Receivership
Newspaper Excerpt
The Guthrie bank suspended ... assigned; the Whitewater concern is now in the hands of a receiver. Receiver E. D. Nix of the Commercial bank ... has handed in his report to the court (filed later).
Source
newspapers
3.November 21, 1890Suspension
Cause
Correspondent
Cause Details
Collapse attributed to failure of the Newton, Kan., National bank and related syndicate failures affecting the Commercial Bank.
Newspaper Excerpt
The Commercial bank ... assigned late last night for the benefit of creditors. The proprietors have all left town.
Source
newspapers
Newspaper Articles (25)
1.September 27, 1890Sacramento Daily Record-UnionSacramento, CA
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An Indian Uprising Imminent. PITTSBURG, September 26th. - Captain Trimbleton, of the Seventh United States Cavalry, Commandant of Fort Sill, passed through Pittsburg. He says the greatest Indian uprising of recent times is certain to come soon. The Indians have got an idea that a great medicine man is coming to wipe out the whites and restore to them the ownership of the country. The result is that they have entered with the fervor of fanatics upon a series of incantations and religiou orgies. Five thousand Indians about Fort Sill have renounced Christianity, and he is certain in 2 short time somebody will pretend to be the expected great medicine man, and then the trouble will begin. He thinks all the United States garrisons should be doubled. North Dakots Prohibitionists. GRAND FORKS (N. D), September 26th.Late last night the State Convention Prohibitionists and Farmers' Alliance indorsed the Republican nominees for Congress, Lieutenant Governor, Commissioner of Insurance and Railroad Commissioner, the Democratic nominees for Secretary of State, Superintendent of Instruction and Railroad Commissioner, and nominated for Governor Walter Muir; Auditor, H. P. Dickieson; Treasurer, K. J. Nomland; Attorney-General, N. C. Young, and Railroad Commissioner, Ezra Turner. National Prison Congress. CINCINNATI, September 26th.-There was a fair attendance to-day at the National Prison Congress. Ex-President Hayes was in the chair. The Report of the Standing Committee on Criminal Law Reform was read by Charles Reeve. Following this came a paper on the "Lease System of Alabama an Its Practical Workings," by W. J. Lee of Greensboro, Ala., a member of the Board of Inspectors of that State. This was followed by a discussion. Held to Answer. BIRMINGHAM (Ala.), September 26th.W.P. Pickard, editor and President of the Age-Heraid Company, was this morning rested on a warrant charging him with publishing advertisements of the Louisiana Lottery Company. The United States Commissioner held that each issue since last Friday was a separate offense, and put him under a bond of $5,000 to await the action of the Grand Jury. Killed by Electric Wires. WINCHENDOM, September 26th.-Edward T. Ryan, aged 18, and G. Barnard, aged 20, were instantly killed to-day by electric light wires coming in contact with an incandescent circuit on Pound street. Barnard's hands were badly burned, and it is supposed Ryan attempted to assist him and himself fell a victim. Overdose of Morphine. CHICAGO, September 26th.-F. Kranke, a German, about 35 years old, was taken to the County Hospital from a cheap hotel on the West Side, suffering from an overdose of morphine. Letters showed that he recently came from San Francisco, where he was a clerk in a music store. He assumed the name of Bunda here. Run on a Bank. GUTHRIE (Oklahoma), September 26th.The failure of the Capital Bank last Wednesday caused a run to day on the Commercial Bank, which nearly caused it to close the doors. Relief came from other parts, and the bank tided over the crisis. National Board of Transportation. CHICAGO, September 26th.-Representatives of the various Boards of Trade now meeting here have perfected an organization to be known as the National Transportation Association. Newspapers Seized. CINCINNATI, September 26th.-The Postoffice authorities have seized the entire weekly edition of the Volksfreund in this city, because it contained lottery advertisemeets. William Johnson Dead. NEW YORK, September 26:h.-William Johnson, prominent in the anti-slavery movement, died to-day, aged 75.
2.September 27, 1890Deseret Evening NewsSalt Lake City, UT
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Sept. Slavin fight took place last night and the American Was knocked out in two rounds. London, Sept. 20-Alfred John Francis Egerton, member of the House of Commons for Eccles division at Lancaster, is dead. Paris, Sept. 26.-Prominent socialists declare that Boulanger has promised to cast his lot with the revolutionists in the first civil commotion. London, Sept. 26.-A dispatch from Algiers says a cyclone has swept over a large portion of Algeria, doing an immense amount of damage. Cincinnati, Sept. 20.-The postoffice authorities have selzed the entire weekly edition of Volksfreund in this city because it contained lottery advertisements. Guthrie, Oklahoma, Sept. 20.The failure of the Capital Bank Wednesday caused a run today on the Commercial Bank, which nearly caused it to close its doors. Relief came from other points and the bank tided over the crisis. Newcastle, Pa., Sept. 26.- A three-year-old girl named Cooper accidentally fell into a pig sty tonight. In an Instant two powerful pigs attacked her, and before anyone could come to her assistance lascerated her body in an awful manner. The child will die. New York, Sept. 26.-Carlos Penalta, who arrived from Mexico two days ago, rididules the story of the attack on President Diaz. He was at the celebration mentioned and the only musketry he heard was a volley salute fired as the President and staff retired. Boston, Sept. 26.-A large audiencegathered at the Massachusetts Reform Club tonight to greet Henry Watterson of the Louisville CourierJournal, who délivered an address on the political issues of the day, including the tariff bill and elections bill. Tangier, Sept. 26.-The Moorish army has defeated and routed the insurgents in the district of Alt Shokhman. The rebels lost heavily in killed and wounded, and many were made prisoners. All the leaders captured were beheaded. The victorious troops pursued the insurgents and destroyed several villages. Camden, N.J., Sept. 26.-A horrible crime was brought to light this afternoon by the finding of the mutilated body of Mrs. John Miller, aged 29, in a dense wood near her home in Delaware township, this county. Frank Luage, a burly negro, who WSS suspected of the murder of Miss Leceony, is locked up charged with causing Mrs. Miller's death. Themotive supposed is robbery. Birmingham, Ala., Sept. 28.-W. P. Pickard, editor and president of the Age-Heraid company, was this morning arrested on a warrant charging him with publishing advertisements of the Louisiana Lottery company. The United States commissioner held each lasue since last Friday to be a separate offense, and put Pickard under bond for $5000 to await the action of the grand Jury: Grand Forks, N.D., Sept. 26.Late last night the State convention of prohibitionists and farmers' alliance endorsed the republican nominees for Congress, lieutenantgovernor, commissioner of insurance, the democratic nominees for secretary of State, superintendent of instruction and railroad commissioner, and nominated for governor Walter Muir; auditor, H. P.
3.September 27, 1890Deseret Evening NewsSalt Lake City, UT
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Article Text
Guthrie, Oklahoma, Sept. 20.The failure of the Capital Bank Wednesday caused a run today on the Commercial Bank, which nearly caused it to close its doors. Relief came from other points and the bank tided over the crisis.
4.September 27, 1890The Seattle Post-IntelligencerSeattle, WA
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Hard Times in Oklahoma. GUTHRIE, Oklahoma, Sept. 26.-The failure of the Capital bank Wednesday caused a run today on the Commercial bank, which nearly caused it to cl se its doors. Relief came from other points and the bank tided over the crisis.
5.September 27, 1890Arizona RepublicanPhoenix, AZ
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CONDENSED TELEGRAMS. Alfred John Francis Egerton, member of the House of Commons for Eccles division at Lancashire, is dead. A London dispatch from Algiers says a cyclone has swept over a large portion of Algiers, doing an immense amount of damage. At Cincinnati the Postoffice authorities have seized the entire weekly edition of the Volksfreund because it contained lottery advertisements. Representatives of the various Boards of Trade now meeting in Chicago have perfected anorganization to be known as the National Transportation Association. The Western roads are making a movement at Chicago to abolish special agencies on the Pacific Coast and to have their joint interests looked after by an arbitrator. Yesterday morning at the preliminary examination of Frank Cochran at Sisson, Cal., for the murder of Defreese, Cochran was held to await the action of the grand jury. At Guthrie, Oklahoma, the failure of the Capital Bank, Wednesday, caused a run yesterday on the Commercial Bank, which nearly caused it to close its doors. Relief came from other points and the bank tided over the crisis. A large audience gathered at the Massachusetts Reform Club, in Boston, last night, to greet Henry Watterson, of the Louisville Courier-Journal, who delivered an address on the political issues of the day, including the tariff bill and elections bill. Mrs. Martha McKinney, 87 years of age, was run over by the cars on the Knights Landing extension of the Southern Pacific, near Marysville, Cal., yesterday afternoon, and received injuries which, coupled with her old age, will probably prove fetal. F. Franke, a German about 35 years old, was taken to the Chicago hospital yesterday from a cheap hotel in the West Side, suffering from an overdose of morphine. Letters showed he recently came from San Francisco where he was a clerk in a music store. Charles Canning was shot through the head and instantly killed last night in Spokane Falls by Andrew O'Conner. The murderer has been arrested. The crime grew out of the fact that Mrs. O'Conner had deserted her husband and gone to living with Canning.
6.September 27, 1890The Salt Lake HeraldSalt Lake City, UT
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Chicago, 4; Philadelphia, 5. Oklahoma Capital Bank Failure. GUTHRIE, Oklahoma, Sept. 26:-The failure of the Capital bank Wednesday caused a run to-day on the Commercial bank which nearly caused it to close its doors. Relief came from other points and the bank tided over the crisis.
7.September 28, 1890The Helena IndependentHelena, MT
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Tided Over a Crisis. : GUTHRIE, Oklahoma, Sept. 27.-The failure of the Capital bank Wednesday caused a run to-day on the Commercial bank, which nearly caused it to close its doors. Relief came from other points and the bank tided over the crisis.
8.November 22, 1890The Helena IndependentHelena, MT
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THE CRASR OF BANKS. Several Concerns Owned by One Company Go Under. GUTARIE, Oklahoma, Nov. 21.-The Commercial bank, the largest in the terrirory, failed to-day. The bank belongs to n syndicate which practically controls banks in Newton, Kas., Normal, El Reno. Stillwater and Whitewater. The Newton bank failed yesterday. To-day the Guthrie bank suspended and the Whitewater concern in now in the hands of a receiver. Nothing has, been heard from the El Renc, Normal or Stillwater banks. The Guthrie bank's CAPital was $300,000. the Nowton's $100,000, and the others about the same. It is believed bere that the assets are equal to the liabilities.
9.November 22, 1890The Seattle Post-IntelligencerSeattle, WA
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Oklahoma's Biggest Bank Fails. GUTHRIE, O. T., Nov. 21.-The Commercial bank, the largest in the territory, has failed. The assets and liabilities are unknown. The Guthrie bank belongs to a syndicate which practically controls the banks of Newton, Normal, Stillwater and Whitewater. The Newton bank failed yesterday. Today the Guthrie bank followed, and the Whitewater concern is now in the hands of a receiver. Nothing has been heard from the Normal or the Stillwater. The Guthrie bank's capital was $300,000, the Newton's $100,000, and the others about the same. It is believed that the assets are equal to the liabilities. New York Merchants in Good Condition. NEW YORK, Nov. 21.-The board of directors of the Fourth National bank today adopted a resolution setting forth the fact of the present financial stringency, and stating that during the present month the bank has had $285,000 of commercial paper fall due, all of which has been promptly paid at maturity, showing the merchants to be in a prosperous condition; that the stringency in the money market has almost stopped the purchase of commercial bills and deprived the mercantile community of its accustomed facilities, and authorizing the officers of the bank to buy freely first-class commercial paper, and take out, if necessary, a liberal amount of clearing-house certificates for that purpose.
LOOKS BAD. The Commercial Bank of Guthrie, Oklahoma, Succumbs. The Deposits About $40,000, With Assets Unknown-The Cashier and President Have Fled. Suspicious Circumstances That Make the Fail* ure Look Like a Grand Steal-Other Failures Feared. Special to the Gazette. GUTHRIE, O.T., Nov. 21.-This has been Guthrie's Black Friday. The Commercial bank, the hitherto solid banking institution of the Territory, has succumbed. Its oreditors are numbered by the score in various amounts aggregating upwards of $25,000. Last night, long after banking hours, J. M. Ragsdale, president of the concern. went to the sheriff and stated that owing to the suspension by assignment of the Newton, Kan., national bank, which was & part of the Commercial, the latter institution would be compelled to turn its assets over to him. This information came to the public about midnight, whereupon depositors and their friends CIRCULATED THE REPORT of the failure most fully in consequence of which, by 9 'elock this morning there were thirty attachments fil ed ,amounting to the above stated sum. Mr. Blewer, the cashier, had taken the precaution to skip the town several days since, thus leaving the trusted president to bear the blame, but the latter saw proper 10 exercise the same judgment, and some time during the night is supposed to have gathered unto himself his family and the little remalning in the vaults and to have taken himsef hence on 8 freight train for his former haunts in the state of Kansas. From the time the intelligence of the failure was made known until this hour GREAT EXCITEMENT HAS PREVAILED. Owing to the advice of the News, a morning paper, a run was made upon the Guthrie national bank, but it proved futile and the bank still maintains the confidence of its patrous. It will be remembered that about two months since there was a run made upon this same Commercial ban k, but by the assistance of friends it tid ed over its difficulty, much to their grati fication. It may be possible that the present suspension is an honest one, but the general belief prevails that it is one grand steal by taking advantage of the depressed condition of the money market of the East. It is probable and highly possible that this failure will be followed by others in the different pursuits of trade who are heavy losers. All are free to acknowledge that the town and territory have received A BLACK EYE in this failure. The deposits, when all in, will certainly reach $40,000, with assets unknown. The vaults containing the books, cash and other collaterals, have not been opened, but it is generally believed, and with every circumstance to justify the belief, that when the affair is thoroughly ventilated a grand steal will stand glaringly before the people. The actions of the officers in leaving town mysteriously seems to verify this belief. Other fail-
11.November 22, 1890Omaha Daily BeeOmaha, NE
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Albright's Choice, terms easy. A Guthrie Bank Goes Under. GUTHRIE, Oklahoma, Nov. 21 -The Commercial bank of this city, which is the largest bank in the territory, assigned late last night for the benefit of creditors. The proprietors have all left town. The collapse was caused by the failure recently of the Newton, Kan., National bank. The liabilitiesand assets can't be ascertained. A run was made on the other banks this morning, but it was stopped when an ample showing of funds was made. The bank belongs to a syndicate, which practically controls the banks in Newton, Kan., Normal, El Reno, Stillwater and Whitewater. The Newton bank failed yesterday. Today the Guthrie bank suspended and the Whitewater concern is now in the hands of an examiner. Nothing has been heard from the El Reno, Normal or Stillwater banks. The Guthrie bank's capital was $300,000, Newton's $100 000, and the others about the same. It is believed here that the assets are equal to the liabilities.
12.November 26, 1890Barbour County IndexMedicine Lodge, KS
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The Commercial bank of Guthrie Ok., has gone up. The officers made an assignment to the sheriff, and skipped the country. The building is plastered over with attachments.
The failure of the Newton National bank was the cause of the collapse. A run was made on the other banks, but they have been able to stand the pressure.
Banker Indicted. GUTHRIE, O. T. Dec. 3.-J. M. Ragsdale, president of the Commercial bank, which suspended some time ago, was indicted by the grand jury Monday and is now under arrest. He is charged with accepting deposits when he knew the bank was insolvent and with other wise violating banking laws.
14.June 5, 1891Fairhaven HeraldFairhaven, Bellingham, WA
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Premeditated Swindled GUTHRIE, O. T., June 4 - Sheriff J. Hixon of Logan county, arrived here late last night from Chicago, having in charge Charles W. Bleuler, ex-cashier of the Commercial bank of this city, which institution went under several months ago, short nearly $100,000. Bleuler has been wanted some time, as has President Ragsdale and other officials, charged with perjury, embezzlement and other crimes. Ragsdale is in Denver, it is thought. Vice-President McLain is supposed to be in Newton, Kas., and the assistant cashler, clerks and others, who are under indictment, are in different parts of the country, but just where no one knows. The Commercial bank was supposed to be the strongest financial institution in Oklahoma at the time of its suspension, and hundreds of creditors were left penniless as a result. A short time ago Chief Justice Green appointed E.J Nix receiver and yesterday Mr. Nix filed his statement with the court. It shows that the bank, from its incorporation, started with a view to take in all it could in deposits and then fail.
15.June 5, 1891The Morning CallSan Francisco, CA
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# THE BANK FAILURES.
The Comptroller of the Currency States
His Opinion.
WASHINGTON, June 4.-Referring to the
criticisms of his bureau in connection with
the Keystone Bank failure of Philadelphia,
Comptroller Lacey said: "As a matter
of fact, both the closing of the bank and
the appointment of the receiver were or-
dered by the Comptroller against the wish
of all who had sufficient interest to express
an opinion. There were many reasons why
it was desirable to avoid a receivership,
notably, on account of its assets being so
largely in real estate. The Comptroller has
deemed it his duty to aid in the several
hopeful attempts that have been made to re-
open the bank by contribution of new capital
under new and competent management. As
a matter of fact it was officially reported to
the Comptroller that $300,000 of new capital
had been subscribed and that the Lucas
estate was expected to make good all the
amounts due. Recent developments have
shown that these plans could not have been
carried out, but they were sufficiently
promising at the time to warrant the delay
asked for. Similar measures, Lacey said,
have caused the reopening for business
within the past six months of at least four
national banks, whose capital had been
impaired, and two more will open soon.
# BARDSLEY'S STOCK OPERATIONS.
PHILADELPHIA, June 4.-Before the in-
vestigating committee Peter A. B. Widener
emphatically denied that he had, as alleged,
"unloaded" $400,000 worth of Chicago Trac-
tion stock on ex-City Treasurer Bardsley.
He never sold Bardsley stock of any kind.
The Presidents of several national banks
denied ever having paid Bardsley any
monetary consideration for city money de-
posited in their institutions.
Mr. Huhn of the brokerage firm of Glen-
dennin & Co. resumed testimony. He said
in the course of a single year the firm's
stock operations with Bardsley aggregated
$1,250,000, and in the same time they bor-
rowed $910,000 from Bardsley and loaned
him $250,000.
Confidential Clerk Bean of Glendennin &
Co. was plied with questions as to how he
came to go to Bardsley's to borrow money,
etc., but to all questions he returned the
stereotyped answer, "I don't remember."
The report of the expert accountants who
have been investigating the accounts of ex-
City Treasurer Bardsley was transmitted to
the City Council Committee this afternoon
by Mayor Stuart. The report is a voluminous
one and gives in detail Bardsley's accounts
with various banks. The report shows that
on the 21st of May, according to the books
of the City Treasurer's office, there was on
hand $32,317,608 belonging to the city. Of
this amount the books of the City Treasurer
show there was on deposit in the Keystone
Bank $1,437,000. This sum is claimed by
Receiver Hardy and Bank Examiner Drew
to be wrong, and that the bank's books
show the actual deposit to have been $639,-
369. Bardsley had been carrying as cash in
the City Treasury $196,045 of worthless
checks drawn on the Keystone Bank. In
some way, not yet definitely known, he
raised the amount in cash and substituted
it for the checks. He then went to Bank
Examiner Drew and asked that this amount
be charged to his account as City Treasurer
in the Keystone Bank and credited to his
personal account. This Drew refused to do.
The only specific evidence of any criminal
act of Bardsley with the city's money is the
appropriation of $39,576, for which he was
indicted. The examination is still going on.
# A DELIBERATE SWINDLE.
ST. LOUIS, June 4.-A Guthrie (Oklahoma)
dispatch says: The receiver of the Com-
mercial Bank, which failed some months
ago, has handed in his report to the court.
It shows that the bank, from its inception,
was run with the view to take in all it could
in deposits and then fail. The defunct
bank started in without a dollar, and there
is no record that the organizers of the insti-
tution or anybody else ever put in a dollar
except the depositors.
16.June 12, 1891The Kinsley GraphicKinsley, KS
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A PASSENGER train on the Denver & Rio Grande ran into a rain washed eulvert about fifteen miles south of Denver, Col. The passengers were considerably shaken up. JUDGE T. N. EDWARDS, district attorney of Carson, Nev., committed suicide by shooting himself. He had been suffering for some time from nervous prostration, brought on by acute illness. THE victory of the single trolley system in the Ohio supreme court was based on the ground that the telephone companies have no exclusive right to the earth for return circuit purposes. CAPT. CAVANAUGH'S company of the Thirteenth infantry, which has been stationed at Guthrie, Ok, since the opening of the territory, has left on an order from the war department for Fort Supply. RECEIVER E. D. MIX, of the Commercial bank of Guthrie, Ok., which failed some months ago, has handed in his report to the court. It shows that the bank from its inception was run to take in all it could in deposits and then fail. CAPT. GEORGE M. CHESTER, one of the best known newspaper men of Michigan, is dead, aged 52 years. He was connected with the Detroit Free Press for many years. THE Shawnee Indians who recently killed three white men in the Indian territory have been discharged. The dead men were recognized as outlaws. The Shawnees, on being released, headed a party in pursuit of the Dalton gang of train robbers. WHILE engaged in a row over a game of monte at Fort Douglas, Utah, Rufus Smith, a private of company C, Sixteenth infantry, shot and fatally wounded William Carter, of company H. THE buildings of the Cleveland (0.) Hardware Co. burned to the ground. Loss, $150,000; insurance, $100,000. BISHOP KNIGHT, of the Episcopal dio cese of Milwaukee, is dead. THE indictments against ex-Senator Stevenson, Otto Mears, president of the Rio Grande Southern railway, and exSecretary of State Watson, charged with bribery, were quashed at Denver, Col. This is the not unexpected end of the great legislative scandal of last winter. DON M. DICKINSON wants the next democratic convention held at Detroit, Mich.
17.June 13, 1891The Ohio DemocratLogan, OH
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A SKIN GAME Practiced By a Guthrie Bank-Started Without a Dollar and Took All It Could Get Without Intending to Pay Back. Receiver E. D. Mex, of the Commercial bank, Guthrie, Ok., which failed some months ago, has handed in his report to the court. It shows that the bank from its inception was run with a view to take in all it could in deposits and then fail. The defunct bank started without a dollar. It opened on the 22d of April, 1889. On the 23d $10,000 in silver was received from the Newton national, of Newton, Kan., by express, and the same day $12,000 was sent back to the Newton national. The deposits for the first three months averaged $18,000 a day. There is no record that any of the organizers of the institution or any body else ever put in a dollar except the depositors. The handsome brick building was built on depositors' money. President J. M. Rogsdale credited himself with having deposited $55,000, while another party named T. M. Rogsdale had a credit of $48,000. The books are in a bad condition.
18.May 14, 1896The Guthrie Daily LeaderGuthrie, OK
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For Sale. The honorable district court of Logan county has instructed me to receive bids on the Noble Hotel and opera house property in the city of Guthrie, (known as the McKennon property). All bids subject to approval of the court Any party securing a buyer for the property will be allowed a commission. E. D. NIX, 5-10w4 Receiver Commercial Bank.
19.May 15, 1896The Guthrie Daily LeaderGuthrie, OK
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For Sale. The honorable district court of Logan county has instructed me to receive bids on the Noble Hotel and opera house property in the city of Guthrie, (known as the MeKennon property). All bids subject toapproval of the court. Any party securing a buyer for the property will be allowed E. D. NIX, a commission. 5-10w4 Receiver Commercial Bank.
20.May 24, 1896The Guthrie Daily LeaderGuthrie, OK
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For Sale. The honorable district court of Logan county has instructed me to receive bids on the Noble Hotel and opera house property in the city of Guthrie, (known as the McKennon property). All bids subject toapproval of the court. Any party securing a buyer for the property will be allowed a commission. E. D. NIX, 5-10w4 Receiver Commercial Bank.
21.May 26, 1896The Guthrie Daily LeaderGuthrie, OK
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For Sale. The honorable district court of Logan county has instructed me to receive bids on the Noble Hotel and opera house property in the city of Guthrie, (known as the McKennon property). All bids subject tospproval of the court Any party securing a buyer for the property will be allowed a commission. E. D. NIX, 5-10w4 Receiver Commercial Bank.
22.May 28, 1896The Guthrie Daily LeaderGuthrie, OK
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For Sale. The honorable district court of Logan county has instructed me to receive bids on the Noble Hotel and opera house property in the city of Guthrie, (known as the McKennon property) All bids subject toapproval of the court. Any party securing a buyer for the property will be allowed a commission. E. D NIX, 5-10w4 Receiver Commercial Bank.
23.May 30, 1896The Guthrie Daily LeaderGuthrie, OK
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For Sale, The honorable district court of Logan county has instructed me to receive bids on the Noble Hotel and opera house property in the city of Guthrie, (known as the McKennon property). All bids subject toapproval of the court. Any party securing a buyer for the property will be allowed a commission. E. D. NIX, 5-10w4 Receiver Commercial Bank.
24.June 10, 1896The Guthrie Daily LeaderGuthrie, OK
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For The honorable dist, 0. gan county has instructions St ceive bids on the Nox opera house property in Guthrie, (known as the property). All bids subject to of the court. Any party sect buyer for the property will be air a commission. E. D. N1x, 5-10w4 Receiver Commercial Bank.
25.June 12, 1896The Guthrie Daily LeaderGuthrie, OK
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For 781 The honorable dil gan county has instr ceive bids on the No opera house property in Guthrie, (known as the property) All bids subject to of the court. Any party secur buyer for the property will be alir a commission. E. D. NIX, 5-10w4 Receiver Commercial Bank.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.
