Article Text
BENN IS KELSO BANK RECEIVER Dec. Senator left for take charge of the First National bank, for which he appointed receiver by the comptroller currency. The bank closed recently.
First National Bank (Kelso, WA)
Episode Information
- Episode UID
863901584- Episode Type
- Suspension → Closure
- Bank Type
- national
- Bank ID
-
86390national - Charter Number
- 8639
- Start Date
- December 29, 1931
- Location
- Kelso, Washington (46.147, -122.908)
Metadata
- Model
- gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
- Short Digest
eba8404559cce5ad
Response Measures
None
Receivership Details
- Depositor recovery rate
- 66.4%
- Date receivership started
- 1931-12-29
- Date receivership terminated
- 1937-06-30
- Share of assets assessed as good
- 39.5%
- Share of assets assessed as doubtful
- 49.9%
- Share of assets assessed as worthless
- 10.6%
Description
Receiver appointed by Comptroller of the Currency; closure/receivership date matches known 1931-12-29 receivership.
Events (4)
1.
April 11, 1907
Chartered
- Source
- historical_nic
2.
December 29, 1931
Receivership
- Source
- historical_nic
3.
December 29, 1931
Receivership
- Newspaper Excerpt
- BENN IS KELSO BANK RECEIVER ... appointed receiver by the comptroller currency. The bank closed recently.
- Source
- newspapers
4.
December 29, 1931
Suspension
- Cause
- Government Action
- Cause Details
- Appointed receiver by the Comptroller of the Currency after the bank closed.
- Newspaper Excerpt
- BENN IS KELSO BANK RECEIVER ... appointed receiver by the comptroller currency. The bank closed recently.
- Source
- newspapers
Newspaper Articles (10)
Article Text
CITY NEWS IN BRIEF Bank Receiver Sues—Claiming that J. G. Cruver, auditor of Cowlitz county, is wrongfully withholding money from the sale of school warrants, E. B. Benn, as receiver for the First National bank of Kelso, filed an action in the federal district court yesterday to recover $1,568.48. The complaint names the American Surety company as a co-defendant Benn was formerly United States marshal for Southwest Washington. New Pastor Speaks—Speaking on "The Meaning of Easter," Dr. R. L. Powell, new pastor of the First Baptist church, made his initial appearance among service clubs of the city yesterday at the noon luncheon of the Tacoma Rotary club at the Winthrop hotel. Rev. Franklin Haas, president, welcomed him as a fellow Charles Welker, also a recent arrival in the city, offered appropriate Easter songs. Non-Suit Granted—The suit of W. H. Cox to collect $10,952.65 damages from Pierce and King counties and Fred H. Essig, inter-county river improvement engineer, was non-suited yesterday by Superior Judge F. G. Remann, who found the plaintiff guilty of contributory negligence. The suit resulted from an auto accident May 16, 1931, at the intersection of the Fife road with the Pacific highway. Arrest Three in Burglary—George Parks, 31; Early Neely, 41, and William Callaghan, 20, were arrested yesterday by Sheriff Fremont Campbell's deputies in connection with the burglarizing about March 12 of the Fred Miller summer home at Rosedale, the sheriff announced. A quantity of stolen goods was recovered, but some had been sunk in the bay, including cut glass and silverware, the deputies reported. Held for Grand Jury—Peter A. Polo, said to be the owner of an automobile containing a large quantity of whisky which was found in a large sociation against Christene Morrin for $1,359.74 and against Gacinto Riconosciuto for $661.14. City Sued for $60,000—Suit against the city of Tacoma for $60,000 damages for the death of her husband, Selmer Simonsen, was filed in superior court yesterday by his widow, Leona Simonsen, who charges negligence on the part of a belt line street car operator whose car fatally injured her husband last February 18. The accident occurred on the
Article Text
Bank Receiver Sues—Claiming that J. G. Cruver, auditor of Cowlitz county, is wrongfully withholding money from the sale of school warrants, E. B. Benn, as receiver for the First National bank of Kelso, filed an action in the federal district court yesterday to recover $1,568.48. The complaint names the American Surety company as a co-defendant. Benn was formerly United States marshal for Southwest Washington.
Article Text
KELSO BANK RECEIVER WANTS DIAMOND RING receiver for the First National of asked the federal for diamond ring In Thursday, Benn declared that the ring had been deposited by Schwartz as curity for $1000 loan.
Article Text
BENN MAY LOSE HIS SENATORSHIP By Sept. not Grays Harbor will elect senator replace Senator Ed Benn will depend on ruling of the attorney on the question of whether not Senator Benn qualified from holding office because of his acceptance of the position receiver of national bank Kelso. If this position comes within the the which bars the holder of federal office from serving in the State Legis!ature, Mr. Benn's will elected. was expected, at the November general election. Candidates be named by the parties and the would go on the general ballot. Mr. Benn was elected serve four years. He did not know until this week that his position bank receiver might conflict with his State Senate position and, when informed of this joined asking the Republican mittee in having an opinion rendered.
Article Text
E. B. BENN OUT OF SENATE Dunbar Rules Job as Bank Receiver Disqualifies Him. Attorney General John H. Dunbar, to Attorney Paul Manley of Grays Harbor today the opinion that B. Benn no longer eligible to hold in the state senate. Benn about six months ago was pointed of national bank Kelso, and under the state law thus became ineligible for the state legislature.
Article Text
E. B. BENN OUT OF SENATE Dunbar Rules Job as Bank Receiver Him. ABERDEEN, Wash., Oct. Attorney General John H. Dunbar, in to Attorney Paul O. Manley of Grays Harbor today expressed opinion that B. Benn longer eligible hold the state senate. Benn about six ago was appointed of national bank at Kelso, under the state law thus became ineligible for the state legislature.
Article Text
BANK RECEIVER SUES ON STOCK Collection of $10,000, plus attorney fees of $1,200, is sought by E. B. Benn, as received for the Olympia National bank in suit filed in federal court Wednesday against Flora B. Christenson of Olympia. The money is sought under three causes of action, each seeking assesments on capital stock of the failed bank. Benn, former United States marshal, is also acting as receiver for the First National bank of Kelso.
Article Text
E. B. Benn Dies Suddenly Early Wednesday Morning Here E. B. Benn, 60, receiver for the defunct Olympia National bank, was found dead in his apartment Wednesday morning by his guest, Senator F. G. Barnes of Longview. Death, according to Coroner Harold P. Troy, was caused by heart disease and had occurred only a few minutes before Senator Barnes discovered the body. The body was immediately removed to Aberdeen where Benn's father, Samuel Benn, founder of Aberdeen lives. Benn was well known throughout the state for his political affiliations. He served as senator from Grays Harbor one term, 1929, and later resigned to accept the position of receiver for the First National bank of Kelso. He was holding the Kelso position, in addition to his Olympia position, at the time of his death. Prior to his membership in the state senate he acted as United States marshal for the southwest district from 1921 to 1929. During that time his offices were in Seattle. Benn was born in Aberdeen, where the family home is located. His father, well known to pioneers, will celebrate his 103rd birthday this July. E. B. Benn was a member of the Tacoma Masonic lodge and of the Elks lodge of Aberdeen. He attended Bishop Scott's Military academy in Portland as a class mate of F. C. Owings of this city. Both Owings and Benn were graduated from the academy in 1890. Surviving are the widow, Mrs. Daisy Benn of Graylands; his father, Samuel Benn, of Aberdeen; two sons, Edmund Benn, connected with the state fisheries department; Samuel Benn of San Francisco; one daughter, Mrs. W. B. Cooper of Seattle, and three grandchildren. Four sisters, Mrs. Phoebe Kinnison, Aberdeen; Mrs. Alice King, Aberdeen; Mrs. Leta Brassfield, Aberdeen; and Mrs. Wapenstine of Seattle, also survive. Mr. Benn succeeded H. W. Douglass as receiver for the Olympia National bank, accepting the position on January 28, 1933. Notification of Benn's death was forwarded Federal Comptroller of Currency J. F. T. O'Connor by Assistant Receiver Lindley Morf.
Article Text
E. B. BENN, FORMER SENATOR, DIES Aberdeen Man Serving as Local Bank Receiver at Time of Death ABERDEEN, Jan. 10.—(AP)—The family of Ed B. Benn, southwestern Washington political leader and first white child born in Aberdeen, who died at Olympia last night, announced today that the funeral would be held here on Saturday. He was 67 years old. The body was brought from Olympia today and will lie in state until the funeral. He had passed away during his sleep. E. B. Benn, 60, receiver for the defunct Olympia National bank, was found dead in his apartment Wednesday morning by his guest, Senator F. G. Barnes of Longview. Death, according to Coroner Harold P. Troy, was caused by heart disease and had occurred only a few minutes before Senator Barnes discovered the body. The body was immediately removed to Aberdeen where Benn's father, Samuel Benn, founder of Aberdeen lives. Benn was well known throughout the state for his political affiliations. He served as senator from Grays Harbor one term, 1929, and later resigned to accept the position of receiver for the First National bank of Kelso. He was holding the Kelso position, in addition to his Olympia position, at the time of his death. Prior to his membership in the state senate he acted as United States marshal for the southwest district from 1921 to 1929. During that time his offices were in Seattle. Benn was born in Aberdeen, where the family home is located. His father, well known to pioneers, will celebrate his 103rd birthday this July. E. B. Benn was a member of the Tacoma Masonic lodge and of the Elks lodge of Aberdeen. He attended Bishop Scott's Military academy in Portland as a class mate of F. C. Owings of this city. Both Owings and Benn were graduated from the academy in 1890. Surviving are the widow, Mrs. Daisy Benn of Graylands; his father, Samuel Benn, of Aberdeen; two sons, Edmund Benn, connected with the state fisheries department; Samuel Benn of San Francisco; one daughter, Mrs. W. B. Cooper of Seattle, and three grand children. Four sisters, Mrs. Phoebe Kinnison, Aberdeen; Mrs. Alice King, Aberdeen; Mrs. Leta Brassfield, Aberdeen; and Mrs. Wapenstine of Seattle, also survive. Mr. Benn succeeded H. W. Douglass as receiver for the Olympia National bank, accepting the position on January 28, 1933. Notification of Benn's death was forwarded Federal Comptroller of Currency J. F. T. O'Connor by Assistant Receiver Lindley Morf.