First National Bank (St Louis, MO)

Episode Information

Episode UID
8901057
Episode Type
Suspension โ†’ Closure
Bank Type
national
Bank ID
890 national
Charter Number
89
Start Date
January 31, 1888
Location
St Louis, Missouri (38.627, -90.198)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
adca55b8f1f7e5ac

Response Measures

None

Description

Receiver Lon V. Stephens is repeatedly named; bank is described as defunct and in winding up.

Events (4)

1. September 23, 1863 Chartered
Source
historical_nic
2. July 16, 1870 Voluntary Liquidation
Source
historical_nic
3. January 31, 1888 Receivership
Newspaper Excerpt
The latter is the receiver for the defunct First National bank. of St. Louis, and comes here with checks for $500,000. which he has realized on the assets of the broken bank up to date.
Source
newspapers
4. July 10, 1901 Receivership
Newspaper Excerpt
Comptroller ORDERS DIVIDEND DECLARED. Ex-Governor Stephens; Receiver OF First National Bank, Authorized to Make Settlement. ... The dividend is six-tenths of 1 per cent.
Source
newspapers

Newspaper Articles (2)

Article from Wichita Eagle, January 31, 1888

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Article Text

MISCELLANEOUS NOTES. WASHINGTON, Jan. 30.-Rudolph Hatfield and Robert Lawrence, two Wichita capitalists,have been here for a day or two. They are en route to New York to consult with investors in the interest of their sec. tion of Kansas. Major Towers and other Kansas City parties are here looking after the pleuropneumonia bill, which is now before Representative Hatch's committee, and which provides for a pneumonia commission. Ex Governor Brockmeyer, of St. Louis, one of the attorneys for the Atlantic & Pacific railroad, has been in consultation with Representative Clardy, chairman of the cominittee on commerce, endeavoring to obtain more favorable legislation under the interstate commerce commission for the railroads as against the steamboat interests. Colonel Grif Prather is largely identified with the latter in St. Louis, and he. it is alleged, was instrumental in defeating Representative Clardy's friend, Jasper Burks, for marshal in eastern Missouri. The ex-governor thinks it would be a good time for the congressman to even up with his antagonist, who is in the steamboat business. William S. Williams and Lon V. Ste phens, of Boonville. Missouri, are here. The latter is the receiver for the defunct First National bank. of St. Louis, and comes here with checks for $500,000. which he has realized on the assets of the broken bank up to date. When the comptroller of the treasury signs these checks, a dividend of 50 per cent. will be paid the depositors. Mr. Stephens has made a remarkable officer in his present position, and expects to realize the full amount due depositors. He will ask the comptroller to hold the owners of $200,000 in new stock in the new bank liable for losses, and expects to be sustained. The World says: "Mrs. Ingalls, the acting vice-president's wife, has a train toilet of black velvet. which is combined with a rich orange plush and is veiled with black thread lace. Mrs. Ingalls is very fine looking and her dress is cut high. though she has, I doubt not. beautiful shoulders. Mrs. Senator Cockrell dresses very well, and her queenly form looks regal in white lace and silk. Mrs Senator Stewart has some elegant costumes and Mrs. Carlisle has a most gorgeous dress of blue satin and a brocaded petticoat lined with rose pink. Her corsage is trimmed with point lace, and she vies with Mrs. Cockrell as one of the stately women of Washington.' Representative Perkins, of Kansas is rapidly coming to the front as a legislator. He said in an interview: "I understand the ways and means committee is endeavoring to harmonize on a tariff bill, but whether the Democrats will agree with the Republicans on the committee I am unable to say. In fact. I doubt if any one in the house can give any definite idea of the measure that will be presented to the house for consideration. I don't believe anyone can define the position of the Democracy on the tariff, and, I may say, on any national question. The Republican policy is that of protection and any substitute that the minority of the ways and means may offer will adhere strictly to the principle of protection. Among some of the features of the substitute will be free sugar, free tobacco, free school for the use of the arts and sciences, and possibly free salt and lumber. We will favor a bounty to the sugar planters, which will have the effect to stimulate that industry." Mr. Perkins is of the opinion that while the country will hold the Democratic party responsible for any and all tariff legislation each member will have to answer to his constituents for his individual vote on the tariff bill.


Article from The St. Louis Republic, July 10, 1901

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Article Text

COMPTROLLER ORDERS DIVIDEND DECLARED. Ex-Governor Stephens; Receiver OF First National Bank, Authorized to Make Settlement. Ex-Comptroller of the Currency Dawes re cently declared a small dividend in the winding up of the affairs of the First Na. tional Bank of this city, of which ex-Governor Lon V. Stephens was receiver. and authorized the receiver to make final settlement. The dividend is six-tenths of 1 pes cent. Various examinations and investigations have been made by the Comptroller. and he has satisfied himself. it is said, that certain charges were groundless. Ex-Governor Stephens has been confined to a darkened room for two weeks on account of his eyes, and has not been able to make the settlement ordered. He will visit St. Louis soon, however, and make the distribution among the creditors. Due notice of his visit will be given in order that those interested may be apprised.