468001147 46800
national
4a5b7b0a7da9be35Full suspension, Books examined
Other: Bank went into suspension and was placed in charge of the national bank examiner; receiver later appointed and bank proceeded toward liquidation/voluntary liquidation.
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Bank Suspended WASHINGTON. July 27.-The comp. troller of the currency was today notified of the suspension of the Superior National bank at West Superior, Wis. Bank Examiner Brush was placed in charge. The bank has a capital of $135,000.
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Superior Bank Suspended. WASHINGTON, July 27.-The comptroller of the treasury has suspended the Superior National Bank of West Superior, Wis. Bank Examiner Brush was placed in charge. The bank has a capital of $135,000. WEST SUPERIOR, Wis., July 27.The directors of the Superior National bank decided today to discontinue business until the arrival of the bank examiner, with a view to going into voluntary liquidation. The capital is $150,000.
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A Wisconsin Bank Fails. Washington City, July 27.-The comptroller of the currency today was notified of the suspension of the Superior National bank at West Superior, Wis. Bank Examiner Brush was placed in charge. The bank has a capital of $135,000.
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WASHINGTON.-The comptroller of the currency today was notified of the suspension of the Superior National bank, at West Superior, Wis. Bank Examiner Brush was placed in charge. The bank has a capital of $135,000.
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WESTERN BUSINESS TROUBLES. West Superior Wis., July 28.-An exciting incident occurred last evening in connection with the failure of the Superior National Bank yesterday. Alderman Brennan, who had $1,700 deposited in the bank, came to the door of the bank and demanded the money. He pulled a revolver and threatened to blow the brains out of the officers. After some trouble he was quieted. The Superior National Bank went into the hands of the National bank examiners. The cause was the heavy withdrawal of deposits. The assets are $275,000, and liabilities are $143,300. with less than $10,000 in cash on hand. The city is a heavy loser, having on deposit there $65,000. This is the same bank that A. A. Cadwallader was president of when he embezzied $27.000 three years ago, for which he is now serving a term in State prison. Milwaukee, Wis., July 28.-Under-Sher:ff Armour yesterday took possession of the drygoods stock of the Jacob Katz Company, on four executions aggregating $110,000, which were filed by the Marshall Illsley Bank. The firm is one of the oldest in the city, and did a large retail business. The firm is said to have carried a stock of $250,000, and It is thought the total liabilities will amount to $200,000.
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THE THIRD BANK CLOSES. National Keystone Bank Closesβ The Third Since the First of June. WEST SUPERIOR, Wis., July 31.The National Keystone bank, which closed its doors yesterday, was considered one of the strongest in the city. The immediate cause of the trouble was the closing of the Superior bank last Saturday, which caused a run on the Keystone. The Superior National bank was the one founded by Cadwallader, who about two years ago appropriated to him self about $65,000 and fled to Brazil, whence he was brought back and is now serving a term in the house of correction at Milwaukee. In addition to the withdrawal of general deposit there were heavy withdrawals of certificate money from the Keystone bank. The bank has suffered a heavy decline in deposits in recent months. The deposits have fallen from $280,000 as shown by the statement of May 8, to $227,447 as shown by the statement of July 11, and at the close of business yesterday there was about $178,000. This condition of affairs, together with the inability to make collections, necessitated the closing of the bank. C.P. Brush, the National bank examiner took charge. The bank had a capital of $200,000 and a surplus of $22,000. There was $98,000 city money and $150,000 general deposits. The bank's stockholders will take immediate steps to reorganize. On July 1, the date of the last official statement of the bank, the liabilities outside of the circulation were $259,744 including $12,000 notes and bills rediscounted and $20,000 bills pay able. The assets included $469,575 of loans and discounts, $34,102 stocks and securities, and $65,344.75 cash on hand and due from other banks. There were slight runs on some other banks in the city but it is thought everything is quieted down now. This makes three banks to have closed within the last 60 days.
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Sunday, July 28. Denver court refuses to enjoin the water company from shutting off the water. Governor Culberson issued proclamation against the Corbett-Fitzsimmons fight. Montana is opposed to the consolidation of the Great Northern and Northern Pacific. The Kansas and Oklahoma streams are out of their banks, and great damage has been done. At Glen Hazel, Pa., fourteen dwellings and W. S. Weed & Co's sawmill, with 5,000,000 feet of lumber and five freight cars, were burned. The fire was of incendiary origion. The Comptioller of the cu rrency was notified of the suspension of the Superior National Bank, at West Superior, Wis. Bank Examiner Brush was placed in charge. The bank has a capital of $139,000. The last step in the retirement of Archbishop Kendrick of St. Louis was taken when Judge Rustell of the Circuit Court divested the aged prelate of his property rights and conveyed them to Archbishop John J. Kain. The most disastrous fire in the history of Rockville, Conn., swept away six buildings on Main street, with a loss of $100,000. The block was owned by W.F. Orcutt and occupied by storekeepers on the first floors, with tenements above. Six gatling guns, intended for the use of the Hawaiian royalties, are said to be en route for Puget Sound from one of the Eastern States. The Hawaiian Gov. ernment learned that they had been ordered and sent a secret service agent to intercept them. The engagement of Marquis Pierre de Chambrun and Miss Margaret Nichols, daughter of Hon. and Mrs. Belamy, Storer O.. is announced. The Marquis is counselor of the French Embassy, a grand-nephew of Lafayette and a man of some property. Ina Donna Coolbrith, whois known to magazine readers both in America and in England as a writer of short pomes, is dying at her home in Oakland, She was stricken with peritonitis a few days ago, and the physicians savs her case is now hopeless.
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Colonel Brush, the bank examiner who was recently here, has been placed in charge of the Superior National bank of West Superior which has been suspended by the controller of currency. It will go into liquidation.
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LATER. THE Indian bureau in Washington received a dispatch from Agent Teter saying that there was no truth in the report of a massacre of the Jackson's Hole settlers in Wyoming by Indians. MRS. ISABEL MCKEEHAN, of Washington county, Tenn., died at the age of 112 years. VICTOR ADAMS, who shot and killed Justice Boker, his father-in-law, at O'Neils, Cal., was lynched by a mob of sixty men. TWELVE THOUSAND tailors in New York city struck for more wages and shorter hours. CHARLIE BURWELL (colored), about 65 years old, was lynched at Meridian Miss. It was thought that he was concerned in a murder. FORTY people were poiΘoned by eatting pressed beefat the home of George Griswold in Thompson, Ia. HENRY Bradshaw, a wealthy farmer near Paris, Tex., killed his wife and daughter and then himself. No cause was known. H. Z. SALOMON, one of the pioneer merchants of Denver, failed for $100,000. A HAILSTORM in North Dakota destroyed 80,000 acres of wheat, causing a loss to farmers of $500,000. FORTY prominent merchants in Macon, Mo., were arrested fordoing business on Sunday. DURING a storm in the vicinity of Three States, Mo., George McClelland and his wife and three children and a man named Thomas and his wife were killed by lightning. THE Superior national bank of West Superior, Wis., suspended with liabilities of $141,300. THE Jacob Katz company, supposed to be one of the strongest mercantile establishments in Milwaukee, failed for $110,000. AT Big Stone Gap, Va., John Hicks' house was burned and four of his children perished in the flames. J. W. BLUNDON and Charles Lynch, 13 years old, and J. Guy Brown, 15 years, were struck by an express train near Riverdale Park, Md., and instantly killed. Gov. CULBERSON issued a proclamation forbidding the Corbett-Fitzsimmons fight in Texas. Turpercentages of the baseballclubs in the National league for the week ended on the 27th were: Cleveland, .605; Pittsburgh, .603; Baltimore .581; Boston, .575; Cincinnati, .563; Chicago, .548; Brooklyn, .539; Philadelphia, 534; New York, .520; Washington, .357; St. Louis, .346; Louisville, .203.
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Bank Receiver Appointed. The controller of the currency has appointed Gilbert G. Thorn receiver of the Superior National Bank of West Superior, Wis. Mr. Thorn is also receiver of the Keystone National Bank of the same city. These banks failed recently.
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To Rue Stockholders of a Bank. WEST SUPERIOR, Wis., Sept. 18.-A resolution erdering the city attorney to take steps in the superior court to sue the bondholders and stockholders of the suspended Superior National Bank was sprung at the council meeting Inst night and was laid over for one week. One set of aldermen desire to accept a proposition to settle for 50 cents on the dollar, while others favor proceedings against the bondsmen. The city claim amounts to $60,000.
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Business Failures. West Superior, Wis., Sept. 18.-A resolution ordering the city attorney to take steps in the superior court to sue the bondholders and stockholders of the suspended Superior National bank was sprung at the council meeting last night and was laid over for one week. One set of aldermen desire to accept a proposition to settle for 50 cents on the dollar, while others favor the proceedings against the bondsmen. The city claim amounts to $60,000.
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STATE WOULD BE NO. 1 In Case of Failed Banks at West Superior. Special to the Globe. WEST SUPERIOR, Wis., Oct. 23.Attorney General Mylrea, of Madison, appeared before the circuit court tonight and asked that the state of Wisconsin be made preferred creditor of the Douglas County bank. It is probable that the petition will be granted in the morning. The assignee of that institution has promised to deliver $5,000 to the state deposit of $23,000 tomorrow night, and the bondsmen will not be prosecuted unless they show a disposition to evade liability. The Keystone National bank, which also suspended, owes the state $16,000, and at the conference this afternoon the bondsmen agreed to raise that amount whenever the demand is made. It probably will not be asked for, as they are reorganizing. All the bondsmen are prominent citizens. Resolutions were adopted at the council meeting last night ordering the city attorney and committee of aldermen to investigate the conditions of the Superior National, the Douglas County and the Bank of South Superior, with a view of starting criminal prosecutions against the officers. The resolutions were introduced for the reason that the city appears to have lost a large amount by the failure of the banks, alleged to be due to reckless and negligent management. Also because it is reported, and appears to be a fact, that a large amount of deposits were loaned to its officers, directors and stockholders and to concerns in which they were interested, and that such persons and concerns were at the time loans were made notoriously insolvent, and because it appears that Superior National bank held back from publication its last report, showing that it was insolvent for a period of twelve days, during which it received all deposits which were offered.
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MONEY FOR CREDITORS. Receiver of the Superior National Bank to Make a Dividend. West Superior, Wis., Jan. 18.-[Special.]-Thomas G. Alvord today received instructions from G. G. Thorne, receiver of the Superior National bank, to prepare the papers for the 20 per cent. dividend to creditors. Dr. Parker is the principal creditor, having purchased the claims of the city and county, amounting to about $70,000, at the rate of 50 cents on the dollar.
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MONEY FOR CREDITORS. Receiver of the Superior National Bank to Make a Dividend. West Superior, Wis., Jan. 18.-[Special.]-Thomas G. Alvord today received instructions from G. G. Thorne, receiver of the Superior National bank, to prepare the papers for the 20 per cent. dividend to creditors. Dr. Parker is the principal creditor, having purchased the claims of the city and county, amounting to about $70,000, at the rate of 50 cents on the dollar.
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Notice of Foreclosure Sale. STATE OF WISCONSIN, SS. / Douglas County. In Circuit Court. Thomas H. Walbridge as Executor of the last will and testament of Horace S. Walbridge, deceased. plaintiff, VS. Edith Z. Spates, Anthony Krall, Susanna Krall Lewis Larson, Mollie Larson. Edward A. Dahl, Ella Dahl, George Peterson, Martin 0. Angvik. Superior National Bank, and Gilbert G. Thorne as Receiver of Superior National Bank, Defendants. NOTICE is hereby given that pursuant to the judgment of foreclosure and sale made and entered in the above entitled action, on the 2nd day of May, A.D. 1896, I will on the 5th day of July, A. D.1897, at ten o'clock in the forenoon. at the easterly front door of the Court house, in the city of Superior, Douglas county, State of Wisconsin, offer for sale and sell at public auction to the highest bidder, for cash, the real property by the judgment ordered to be sold situated in the City of Superior, in said Douglas County. Wisconsin, and described as follows: Lots Two Hundred and Forty-Six (246) and Two Hundred and Forty-Eight (248) on West Fourteenth street, being part of the subivision of Block Fifteen (15) on West Fifteenth street, in the Townsite of Superior, now in the City of Superior, Douglas County, Wisconsin, according to the plat of said Townsite of Superior, and of the subdivision of said Block Fifteen (15) on West Fifteenth street, recorded in the office of the Register of Deeds in and for said Douglas County, Wisconsin, to satisfy the amount of said judgment, with interest and costs as therein directed. Dated this 17th day of May, 1897. FRANK L. WILCOX, Sheriff of Douglas County, Wisconsin. By CHAS. WICKSTROM, Deputy. W. E PICKERING Plaintiff's Attorney. (m22-29-j5-12-19-26-jy3)
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# Notice of Foreclosure Sale. STATE OF WISCONSIN, ss. Douglas County. In Circuit Court. Thomas H. Walbridge as Executor of the last will and testament of Horace S. Walbridge, deceased, plaintiff, vs. Edith Z. Spates, Anthony Krall, Susanna Krall Lewis Larson, Molhe Larson, Edward A. Dahl, Ella Dahl, George Peterson, Martin O. Angvik, Superior National Bank, and Gilbert G. Thorne as Receiver of Superior National Bank, Defendants. NOTICE is hereby given that pursuant to the judgment of foreclosure and sale made and entered in the above entitled action, on the 2nd day of May. A.D. 1896, I will on the 5th day of July, A. D. 1897. at ten o'clock in the forenoon, at the easteily front door of the Court house, in the city of Superior, Douglas county, State of Wisconsin, offer for sale and sell at public auction to the highest bidder, for cash, the real property by the judgment ordered to be sold situated in the City of Superior, in said Douglas County. Wisconsin, and described as follows: Lots Two Hundred and Forty-Six (246) and Two Hundred and Forty-Eight (248) on West Four- teenth street, being part of the subdivision of Block Fifteen (15) on West Fifteenth street, in the Townsite of Superior, now in the City of Superior, Douglas County, Wis- consin, according to the plat of said Townsite of Superior, and of the subdivision of said Block Fifteen (15) on West Fifteenth street, recorded in the office of the Register of Deeds in and for said Douglas County. Wiscon- sin, to satisfy the amount of said judgment, with interest and costs as therein directed. Dated this 17th day of May. 1897. FRANK L. WILCOX, Sheriff of Douglas County, Wisconsin. By CHAS. WICKSTROM, Deputy. W. E PICKERING. Plaintiff's Attorney. (m22-29-j5-12-19-26-jy3)
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# Notice of Foreclosure Sale. STATE OF WISCONSIN, Douglas County. (ss. In Circuit Court. Mrs. Russell Henry, Plaintiff, VS. Ole C. Swenson. Sissa Swenson, Betty Swenson. State Bank of Wisconsin, Bank of Commerce, Superior National Bank. and Gilbert G. Thorne as receiver of the Superior National Bank, Defendants. Notice is hereby given that pursuant to the judgment of foreclosure and sale, made and entered in the above entitled action on the 11th day of June A. D. 1896, I will on the 26th day of July A. D. 1897, at 10 o'clock in the forenoon at the easterly front door of the court house in the city of Superior, Douglas county, state of Wisconsin, offer for sale and sell at public auction to the highest bidder for cash, the real property by the judgment ordered to be sold, situated in the county of Douglas, state of Wisconsin, and described as follows: Lot three hundred and seven (307) on West Seventh street, in the townsite of Superior now in the city of Superior, Douglas county state of Wisconsin, according to the plat of said townsite on file and of record in the office of the Register of Deeds in and for said Douglas county, Wisconsin, to satisfy the amount of said judgment, with interest and costs as therein directed. Dated this 12th day of June, 1897. FRANK L. WILCOX, Sheriff of Douglas County, Wisconsin. By CHAS. WICKSTROM. Deputy. W. E. PICKERING, Plaintiff's Attorney. (jn 12 19 26 jy 3 10 17 24)
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# Local Business Troubles. The Sheriff received an attachment yesterday against Anthony F. Koelble, doing business as Koelble & Co., interior decorators at 50 East Twentieth street, for $696 in favor of Davis & Treat. The attachment was obtained on the ground that Mr. Koelble keeps himself concealed to avoid creditors. An attachment has been obtained here against the Ideal Rubber Company, 631 to 637 Kent avenue, Brooklyn, for $1,215 in favor of J. H. Lane & Co. The attachment was obtained on the ground that a statement made by the company on Aug. 10 to procure an extension of credit was untrue. Two judgments aggregating $23,268 were entered yesterday against Joseph F. Merriam of 100 Broadway in favor of the United States National Bank for $10,699 on his note dated April 25, 1894, and in favor of James H. Parker for $12,569 on several of his notes made at West Superior, Wis., on April 8, 1895, which were delivered to the Superior National Bank and transferred by the receiver of the latter bank to Mr. Parker.
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VS. Fred Beglinger, Emma Beglinger, Henry Beglinger, Sr., Francis Reiker, J. O. Brooks, Gil_ bert Thorne, Receiver of Superior National Bank, J. H. Parker, A. Frederick, International Bank of West Superior. L. A. Nichols, Assignee of the Bank of West Superior, Lemira S. Hills and Elizabeth Vetch. Defendants. Notice is hereby given that under and by virtue. of a judgment of foreclosure and sale. rendered and entered in the above entitled action on the 10th day of August, A. D. 1898, in the Superior Court for Douglas County, Wisconsin, I, the undersigned, sheriff for Douglas County, Wisconsin, shall offer for sale and sell at public auction to the highest bidder for cash, at the southeasterly front door of the court house in the City of Superior, in Douglas County, Wisconsin, on the 24th day of August, A. D, 1910, at eleven o'clock in the forenoon of that day, the real estate directed by said judgment to be sold and hereinafter described, to satisfy said judgment, to-wit: The sum of eleven thousand, seven hundred and thirty-three dollars and fifteen cents ($11.733.15). with interest on said sum at the rate of six per cent per annum from August 10th, A. D. 1898, to the date of sale together with the costs and expenses of said sale: Said real estate is in Douglas County. Wiscon sin. described as follows to-wit: Block forty-six (46) on East Second Street, and Block twenty-six (26) on East Fifteenth Street, both of said tracts of land being in the Townsite of Superior (now in the city of Superior) according to the plat thereof on file or of record in the office of the Register of Deeds in and for caid Douglas County, Wisconsin, and the southeast quarter (SEM) of the northeast quarter (NE) of section number thirteen (13), township forty-eight (48) North of Range fourteen (14) West of the Fourth Principal Meridian, in said Douglas Connty, Wis. consin, according to :the United States Government survey thereof. Dated at Superior, Wisconsin, this 9th day of July, 1910. GUSTAF CARLSON, Sheriff of Douglas County, Wis: Joseph M. Reed and E. F. McCausland, Attorneys for Plaintiff. July 9-16-23-30-Aug. 6-13-20.