gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
254b1d0d83b6928d
Response Measures
None
Description
Suspension followed by appointment of a receiver to wind up affairs due to owners' disagreement.
Events (3)
1.April 8, 1893Receivership
Newspaper Excerpt
H. B. Hall, cashier and County Treasurer, attached the funds to secure the county deposit of about $20,000. The Sheriff has taken charge as receiver, under appointment of Judge Hollman.
Source
newspapers
2.April 8, 1893Suspension
Cause Details
Disagreement/dissolution between the owners (DeLashmutt & McAuley) advised by bank attorneys.
Newspaper Excerpt
The Coeur D'Alene bank of Wallace ... did not open this morning. This action was advised by the bank's attorneys, who assert that the suspension is owing to a disagreement between the owners, Delashmutt & McAuley, who will dissolve partnership.
Source
newspapers
3.April 14, 1893Other
Newspaper Excerpt
The liabilities of the Coeur d'Alene bank of Wallace, which failed a week ago, are $70,000; the assets are said to be ample to pay all claims. A receiver will be appointed and the affairs of both banks wound up.
naslinaton Banks Close. SEATTLE, Wash., April 8.-The Coeur D'Alene bank of Wallace and the Bank of Wardner closed their doors yesterday morning. The suspensions created great excitement and even evoked threats of violence. The Bank of Wallace had a bout $85,000 on deposit and the Bank of Wardner $35,000.
2.April 8, 1893The Morning CallSan Francisco, CA
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Article Text
IDAHO BANKS CLOSED. Not Due to a Failure, but a Disagree= ment. SPOKANE, April 7.-A Review special from Wallace, Idahe, says: The Cour d'Alene Bank did not open this morning. This action was advised by the bank's attorneys, who assert that the suspension is owing to a disagreement between the owners, Delashmutt & McAuley, who will dissolve partnership. H. B. Hall, cashier and County Treasurer, attached the funds to secure the county deposit of about $20,000. The city deposit is about $1000. The Sheriff has taken charge as receiver, under appointment of Judge Hollman. The individual deposits are small and very little uneasiness is felt. The bank at Wardner, owned by the same parties, is also closed.
3.April 8, 1893The Daily Morning AstorianAstoria, OR
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Article Text
IDAHO BANKS SUSPENDED. Spokane, Wash., April 7.-A Review special fiom Wallace, Idaho, says the Coeur d'Alene Bank did not open this morning. This action was advised by the bank's attorney who asserts that suspension is owing to a disagreement between the owners, DeLashmutt and McAulay, who will dissolve partnership. H. B. Hall the cashier and county treasurer has attached the funds of the bank to secure a county deposit of $20,000.The sheriff has taken charge as receiver. The individual deposits are small and very little uneasiness is felt. The bank at Wardner, owned by the same parties is also closed.
4.April 9, 1893The Morning NewsSavannah, GA
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Article Text
TWO BANKS CLOSED. Great Excitement Caused in Two Towns in Washington. SEATTLE, Wash., April 8.-The Coeur D'Alene Bank of Wallace and the Bank of Wardner closed their doors yesterday morning. The suspensions created great excitement in that region, and even evoked threats of violence. The banks are owned principally by George B. McCauley and Van B Delashmutt, the latter being a well known financier and mine owner of Portland. The bank of Wallace had about $85,000 on deposit, and the Bank of Wardner $35,000. Shortly after the banks closed announcement was made that Mr. Van Delashmutt had assigned.
5.April 9, 1893New-York TribuneNew York, NY
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Article Text
TWO BANKS CLOSE THEIR DOORS. Seattle, Wash., April 8.-The Coeuer d'Alene Bank of Wallace, and the Bank of Wardner closed their doors yesterday morning. The suspensions caused great excitement and even evoked threats of violence. The banks are owned principally by George B. Mc. Auley and Van B. Delashmutt, the latter being a well-known financier and mine-owner of Portland. The Bank of Wallace had about $85,000 on deposit. and the Bank of Wardner $35,000. Shortly after the banks closed the announcement was made that Van B. Delashmutt had assigned. Wallace, Idaho, April 8.-H. B. Fall, cashier and county treasurer, has attached the funds of the Coeur d'Alene Bank to secure the county deposit, about $20,000. The city deposit amounts to about $1,000. The sheriff has taken charge as receiver under the appointment of Judge Holleman.
6.April 9, 1893Richmond DispatchRichmond, VA
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Article Text
Our Continent. The Board of Directors of the Olympic Club, New Orleans, have decided to di. vide the purse between Bowen and Burke, the middle-weight pugilists. A special from Houston, Tex., says: The wholesale grocery house of W. D. Cleveland & Co., one of the largest in the State, was burned last night. Loss, $165,000; insurance, $140,000. At a meeting of the Board of Directors of the Reading Railroad Company yesterday the resignation of President A. A. McLeod was accepted, and Joseph S. Harris was chosen to fill the vacancy. The steamer America arrived at New York last night having in tow the Danish steamer Hekla with her shaft broken. The America has been towing the Hekla since April 3d and will net heavy salvage. The Coeur d'Alene'Bank. of Wallace, and the Bank of Gardner, Washington State, closed their doors Friday morning. The suspensions created great excitement in the regions most concerned and even evoked threats of violence. District-Superintendent William Samels. of the Lehigh-Valley Coal Company. Wilkesbarre, Pa.. was burned to death in Dorrance shaft Friday. He entered the shaft to inspect it and in some unknown way set the mine on fire and lost his life. Reports from a number of points in Western New York show that the windstorm of Friday did considerable damage to property. At Springville the barn of Vedder Hemstreet was blown down and Homstreet. who was milking cows. was killed. The preliminary trials of A. R. Sutton, the warehouse receiptforger. and his bookkeeper, Beecher. were held in'the Louisville City Circuit Court yesterday morning. Sutton was held in $35,000 and Beecher in 85,000 to answer before the grand jury. The 200th anniversary of the use of the printing press in the colony and city of New York was celebrated with appropriate exercises at the building of the New York
7.April 11, 1893The Sedalia Weekly BazooSedalia, MO
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Article Text
Bank Suspension. WALLACE, Idaho, April 8.-Coeur de Lene bank has suspended on the advice of the bank's attorney, who says the action is owing to the dieagreement between the owners, Delashm tt and Macauly and that they will dissolve partnership. H. B. Ball the cashier and the county treasurer attached the funds to secure the county's deposit of about $20,000. The city deposit amounts to about$1,000. The sheriff has taken charge as a receiver, under the appointment of Judge Holleman. Individual deposits are light and but little uneasiness is felt. The bank at Wardner, owned by the same parties, is also closed.
8.April 15, 1893The Anaconda StandardAnaconda, MT
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Article Text
TO WIND THEM UP. Two Idaho Banks Fall With Plenty of Assets. MURRAY. Idaho. April 14.-The liabilities of the Coeur d' Alone bank of Wallace, which failed a week ago, are $70,000. The assets are said to be ample to pay all claims. The Miners' Exchange bank at Wardner, owned by the same parties, which was also closed. has liabilities of ยฃ06,000 and assets of $88,000. A receiver will be appointed and the affairs of both banks wound up.
9.April 21, 1893The Weekly TribuneGreat Falls, MT
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Article Text
Idaho Bank Failures. MURRAY, Idaho, April 14.--The liabilities of the Coeur d'Alene Bank of Wallace, which failed a week ago, are $70,000; assets said to be ample to pay all claims. The Miners Exchange bank at Wardner, owned by the same parties, which is also closed, ha , liabilities of 886,000, and assets $88,000. A receiver is to be appointed and the affairs of both banks wound up.
10.April 22, 1893The Dalles Times-MountaineerDalles, OR
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Article Text
The Closed Coeur D'Alene Banks. MURRAY, Idaho, April 14-The liabili ties of the Cour d'Alene bank of Wallace, which failed a few days ago are announced as $70,680. and the assets $106,000. In the application for a receiver, Van B. DeDashmutt and George B Mc Aulay allege that no stock was issued and that they controlled the business of the bank. The county of Shoshone is included among the depositors to the extebt of $18 435 A receiver 18 asked for chiefly to wind up the affairs of DeLashmutt & MrAulev as copartners in all their affairs in this county. Suit is also brought by DeLashmutt & McAuley against the Cour d'Alene bank to close it up after all its business 18 settled. The liabilities of the Minera' Exchange bank at Wardner are $88,000
11.April 25, 1907East Oregonian : E.OPendleton, OR
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Article Text
# 15 Years of Litigation Ended.
After 15 years of bitter litigation all matters in connection with the failure of the Coeur d'Alene bank in this city in 1892 were brought to a close yesterday by Judge Fremont Wood of Boise, who arrived here to take the place of Judge W. W. Woods, the latter being disqualified to act, owing to having been connected with the case as one of the counsel before receiving his appointment to the judgeship.
The report of Receiver A. G. eKrns was submitted and approved and an allowance of $10,000 was made for attorneys' fees, being about 50 per cent of the funds in the hands of the receiver. Two hundred and fifty dollars was allowed to cover expenses in connection with the distribution of the funds in the hands of the receiver to the different creditors. The claims of the Canadian Bank of Commerce of Portland, Ore., and of Joseph P. Keane were taken under advisement by the judge. The first of these claims is for the sum of about $14,400, while Mr. Keane's claim is for $20,000. - Wallace Times.
12.March 5, 1908Coeur D'alene Evening PressCoeur D'alene, ID
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Article Text
OLD BANK CLAIMS PAID Last Instalment Allowed by the Court Has Been Paid. WALLACE, Idaho, March 5.Through A. G. Kerns, receiver for the Coeur d'Alene bank of Wallace, which failed in 1892, depositors today received $7500, this being the balance. All claims against the bank allowed by the court have now been paid in full, with 7 per cent interest. Since the failure of the bank it has been in the hands of three receivers, Mr. Kearns taking charge in 1899. George B. MeAulay and Van B. Delashmutt were the chief stockholders in the bank, owning 96 per cent. Among the assets realized upon was the sale of an interest in the California lode claim for $20,000; outstanding accounts of $15,000, and from the Miners' Exchange bank of Wardner, owned by the same men. $20,000. The claims of the Canadian Bank of Commerce of Portland and of Joseph P. Keane of Wallace were disallowed by court.
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.