Prescott State Savings Bank (Prescott, WI)

Episode Information

Episode UID
5348043891129
Episode Type
Suspension → Closure
Bank Type
savings
Bank ID
534804389 hash
Start Date
January 4, 1894
Location
Prescott, Wisconsin (44.749, -92.802)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
5d4e0f212adb4f8d

Response Measures

None

Description

Evidence of prior suspension is indirect (statement about 'having banks running again'); receivership in Nov 1895 is explicit.

Events (3)
1. January 4, 1894 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank was one of several 'defunct' banks associated with A. C. Probert, indicating insolvency and proprietor's bad assets/notes.
Newspaper Excerpt
A. C. Probert of Washburn and Andrew Rader of Prescott were here ... making arrangements with depositors of the Prescott State Savings Bank. Mr. Probert says he will have his three banks all running again in a short time.
Source
newspapers
2. November 1, 1895 Receivership
Newspaper Excerpt
Judge Bundy of the circuit court has appointed Colonel D.J. Dill of Prescott, Wis., as receiver of the Prescott State Savings bank at that place. This is another one of the defunct banks of A. C. Probert of Washburn, Wis.
Source
newspapers
3. * Other
Newspaper Excerpt
Mr. White has, on behalf of some of the creditors of the Prescott State Savings Bank, made application to Judge Bundy for the appointment of N.P. Haugen as receiver. The motion was heard at Hudson on Tuesday last and taken under advisement by the court.
Source
newspapers

Newspaper Articles (5)
1. January 4, 1894 River Falls Journal River Falls, WI
Article from River Falls Journal, January 4, 1894

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Article Text

BIG RIVER. Did you make a mistake and write 1863? Rev. K. G. Beyer of La Crosse visited here the past week. Mrs. Jane Staples of Stevens Co., Minn., is visiting her parents, Mr. and Mrs. Wm. Gray. T. H. Barrett and David Gray each have new cutters. We acknowledge a pleasant call last week from Claude Bodman of Star Prairie. Come again. Jas. Miller of Knapp is visiting friends hereabouts. John Burnett of Minneapolis called on your scribe one day last week. Mr. and Mrs. T. R. Morrow buried their infant last Sunday. Peter Gillig has been appointed collector for the Northwestern Life Association of Minneapolis for the local board at Big River. A. C. Probert of Washburn and Andrew Rader of Prescott were here last Tuesday making arrangements with depositors of the Prescott State Savings Bank. Mr. Probert says be will have his three banks all running again in a short time. A new line of School Supplies cheaper than ever at Taggart's

2. October 10, 1895 River Falls Journal River Falls, WI
Article from River Falls Journal, October 10, 1895

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Article Text

Mr. White has, on behalf of some of the creditors of the Prescott State Savings Bank, made application to Judge Bundy for the appointment of N.P. Haugen as receiver. The motion was heard at Hudson on Tuesday last and taken under advisement by the court.

3. November 1, 1895 Little Falls Weekly Transcript Little Falls, MN
Article from Little Falls Weekly Transcript, November 1, 1895

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Article Text

Receiver for a Wisconsin Bank. ELLSWORTH, Wis., Oct. 31.-Judge Bundy of the circuit court has appointed Colonel D.J. Dill of Prescott, Wis., as receiver of the Prescott State Savings bank at that place. This is another one of the defunct banks of A. C. Probert of Washburn, Wis. It is expected that its assets are about $3,000 (some of them being Probert's individual notes), and liabilities about $25,000 or $30,000.

4. November 1, 1895 Bismarck Weekly Tribune Bismarck, ND
Article from Bismarck Weekly Tribune, November 1, 1895

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Article Text

Receiver for a Wisconsin Bank. ELLSWORTH, Wis., Nov. 1.- Judge Bundy of the circuit court has appointed Colonel D. J. Dill of Prescott, Wis., as receiver of the Prescott State Savings bank at that place. This is another one of the defunct banks of A. C. Probert of Washburn, Wis. It is expected that its assets are about $3,000 (some of them being Probert's individual notes), and liabilities about $25,000 or $30,000.

5. November 1, 1895 The Madison Daily Leader Madison, SD
Article from The Madison Daily Leader, November 1, 1895

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Article Text

Receiver for a Wisconsin Bank. ELLSWORTH, Wis., Nov. 1.- - Judge Bundy of the circuit court has appointed Colonel D. J. Dill of Prescott, Wis., as receiver of the Prescott State Savings bank at that place. This is an-