First Bank (Skagway, AK)

Episode Information

Episode UID
8907741891193
Episode Type
Suspension โ†’ Run โ†’ Closure
Bank Type
state
Bank ID
890774189 hash
Start Date
May 26, 1899
Location
Skagway, Alaska (59.458, -135.314)

Metadata

Model
gemini-3-flash-preview (chosen from majority vote of a three-model LLM ensemble)
Short Digest
15833942907dd6fc

Response Measures

None

Description

The bank closed following the disappearance of its president; a 'commotion' (run) occurred after the closure was announced.

Events (3)

1. May 26, 1899 Run
Cause
Bank Specific Adverse Info
Cause Details
Depositors gathered and created a commotion upon learning the bank had closed and the president had disappeared.
Newspaper Excerpt
The depositors created considerable commotion around the banking house when the news that the bank had closed its doors spread over the city.
Source
newspapers
2. May 26, 1899 Suspension
Cause
Bank Specific Adverse Info
Cause Details
President and manager C. S. Moody disappeared, and the bank had a history of involvement with stolen gold dust from the 'Soapy Smith' troubles.
Newspaper Excerpt
The first bank of Skaguay closed its doors May 26, with liabilities of $16,000 and assets estimated to amount to $18,000. C. S. Moody, president and manager, is missing
Source
newspapers
3. June 1, 1899 Receivership
Newspaper Excerpt
J. G. Price has been appointed receiver by District Judge Johnson.
Source
newspapers

Newspaper Articles (13)

Article from The Salt Lake Herald, June 6, 1899

Click image to open full size in new tab

Article Text

Alaska Bank Closed. Skagway, Alaska, June 1 (Via Seattle, June 5).-The First Bank of Skagway has closed its doors, and J. G. Price has been appointed receiver. The liabilities of the bank are estimated at $16,000; assets. $18,000.


Article from The Daily Morning Astorian, June 6, 1899

Click image to open full size in new tab

Article Text

SKAGWAY BANK FAILURE. SKAGWAY, June 1. (Via Seattle, Wn., June5.)-The first bank of Skagway has closed its doors and J. G. Pierce has been appointed receiver. The liabilities of the bank are stimated at $16,000; assets $18,= 000.


Article from The Indianapolis Journal, June 6, 1899

Click image to open full size in new tab

Article Text

Skaguay Bank Suspends. SKAGUAY, Alaska., June 1, via Seattle, Wash., June 5.-The First Bank of Skaguay has closed its doors, and J. G. Price has been appointed receiver. The liabilities of the bank are estimated at $16,000; assets, $18,000.


Article from The Salt Lake Herald, June 6, 1899

Click image to open full size in new tab

Article Text

Alaska Bank Closed. Skagway, Alaska, June 1 (via Seattle, June 5).-The First Bank of Skagway has closed its doors, and J.G. Price has been appointed receiver. The liabilities of the bank are estimated at $16,000; assets. $18,000.


Article from The Evening Times, June 6, 1899

Click image to open full size in new tab

Article Text

ALASKA'S FIRST BANK FAILURE Collapse of a Concern Follows the Disappearance of Its President. Seattle, Wash., June 6.-Alaska has experienced its first bank failure. The first bank of Skaguay closed its doors May 26, with liabilities of $16,000 and assets estimated to amount to $18,000. C. S. Moody, president and manager, is missing, and J. G. Price has been appointed receiver by District Judge Johnson. President Moody disappeared Friday and has not been seen since. He left the bank in charge of a young man, who gave as a reason for not cashing checks that he had lost the combination of the safe. The downfall of the bank has been gradual, and dates from the Soapy Smith troubles last summer. A bag of gold dust that was stolen from a returning Klondiker was discovered in the bank safe. The news reached Seattle bankers and Moody was no longer given credit. The losers are small depositors, many of whom had their all in the bank. The depositors created considerable commotion around the banking house when the news that the bank had closed its doors spread over the city.


Article from The Seattle Post-Intelligencer, June 6, 1899

Click image to open full size in new tab

Article Text

FIRST BANK OF SKAGWAY FAILS. Closed Its Doors May 29-Liabilities $16,000 and Assets $18,000. Skagway has had a bank failure. On May 29 the First bank closed its doors, with liabilities placed at $16,000 and assets claimed to be $18,000. When last heard of C. S. Moody. the president and manager, was in Juneau, a letter received yes. terday at one of the local banks stating that he intended going into the interior from Juneau. J. G. Price was appointed receiver by United States District Judge Johnson. Advices received yesterday by steamer state that on the morning of May 29 the


Article from The Record-Union, June 6, 1899

Click image to open full size in new tab

Article Text

A Skaguay Bank Closes Its Doors. SKAGUAY (Alaska), June 1.- (via Seattle, June 5.)-The first bank of Skaguay has closed its doors, and J. G. Price has been appointed receiver. The liabilities of the bank are estimated at $16,000, assets $18,000.


Article from The Manitowoc Pilot, June 8, 1899

Click image to open full size in new tab

Article Text

Alaskan Bank Fails. Skaguay, Alaska, June 1, via Seattle, Wash., June 6.-The First bank of Skaguay has closed its doors, and J.G. Price has been appointed receiver. The liabilities of the bank are estimated at $16,000; assets, $18,000.


Article from The Farmington Times, June 8, 1899

Click image to open full size in new tab

Article Text

First Bank of Skaguay Closed. Skaguay, Alaska, June 1, via Seattle, Wash., June 6.-The First bank of 3knguny has closed its doors, and J. G. Price has been appointed receiver. The liabilities of the bank are estimated n $16,000; assets, $18,000.


Article from River Falls Journal, June 8, 1899

Click image to open full size in new tab

Article Text

Alaskan Bank Fails. Skaguay, Alaska, June 1, via Seattle, Wash., June 6. - The First bank of Skaguay has closed its doors, and J.G. Price has been appointed receiver. The liabilities of the bank are estimated at $16,000; assets, $18,000.


Article from The State Rights Democrat, June 9, 1899

Click image to open full size in new tab

Article Text

A Mnshroom Town. SKAGWAY, June 1.-The First Bank of Skagway closed its doors, and J G Price has been appointed receiver. The liabilities of the bank are estimated at $16,000; assets, $18,000.


Article from The Diamond Drill, June 10, 1899

Click image to open full size in new tab

Article Text

Alaskan Bank Fails. Skaguay, Alaska, June 1, via Seattle, Wash., June 6. - The First bank of Skaguay has closed its doors, and J. G. Price has been appointed receiver. The liabilities of the bank are estimated at $16,000; assets, $18,000.


Article from Adams County News, June 14, 1899

Click image to open full size in new tab

Article Text

THE WEEK NEWS OF THE WORLD IN BRIEF. in Interesting Collection of Items from the Two Hemispheres Presented in a Condensed Form-Oulled from the Telelgraph Reports. Two cases of smallpox have been discovered in San Francisco. Frank Thompson, president of the Pennsylvania railroad, is dead. The steamer Pelican was lost while en route from Puget Sound to China. Brigadier General Charles King of the Philippines has been honorably discharged. Joe Corbett, the baseball player and brother of the ex-pugilist, was married Wednesday. Julius F. Edson, who is engaged in the engraving and publishing business in Chicago, has failed. Dr. W. E. Moore, one of the oldest and best known Presbyterian divines in the country, is dead. The First Bank of Skagway has closed its doors and J. G. Price has been ap pointed receiver. The American Academy of Medicine has elected Dr. G. H. Hudson Makuen of Phil adelphia president. L. G. Hastings, assistant treasurer of the Rock Island railway, in Topeka, committed suicide Sunday. The dominion government has disal lowed the anti-Japanese law passed by the last provincial legislature. The British ship Puritan has arrived in Victoria, B. C., 107 days from Cardiff. This lowers the sailing record one day Imports of wheat into Liverpool for the week: From Atlantic ports, 60,900 quarters; Pacific ports, none; other ports, 42,000. Joseph LaBerga, a notorious agent of General Weyler, who outraged defenseless women and killed children, was lynched Tuesday in Cuba. Commissioner Hermann of the general land office, has decided to refuse the re quest of the woolgrowers of Utah and Wy oming for a modification of the former or der prohibiting the grazing of sheep on the Uintah reservation in Utah. Two boys on May 14 found on the north coast of Iceland a small cork case containing slip of paper, dated July 11. and 1897, signed "Andree, Strindberg Fraencekel, and bearing the words: "All well. Thrown out about longitude 81, lat itude unknown." Joseph Myers, the traveling representative in Asia of the Pabst Brewing Com pany, met a horrible death in the harbor of Hong Kong. While in the act of visit ing some naval officers aboard the United States cruiser Charleston he was crushed and instantly killed by a boat which fell from the warship. Sheep are dying by thousands in New Mexico. There has been a second attempt to burn the Episcopal and Catholic churches in Carson, Nev., recently. The record of the hottest day in New York since the establishment of the weather bureau was reached Tuesday. The question of transportation for the troops destined for the Philippines is worrying the military authorities greatly. Mrs. Belle Marshal Roloson, wife of R W. Roloson of Chicago, for 25 years prominent and wealthy member of the board of trade committed suicide at her home Tuesday. A terrible railroad accident which re sulted in the instant killing of Charles Es pey and his fourhorse team occurred at the crossing of the O. R. & N., one mile east of Garfield, Wash. Chief of Police Claire of Hamilton, O while with his wife and daughter Margaret in a carriage, attempted to cross the Cincinnati, Hamilton & Dayton railroad four miles south of there. A locomotive struck the carriage and all were killed. Two babies, children of Mrs. Carl Dett lof of Poplar Grove, Ill.,were instantly killed The mother left the cab on while A of wind a fast in-coming the front the depot station. of Tuesday. platform gust she freight stepped blew it train into in which mangled both children. Will Hill, an alleged accomplice in the of Rufus Hubbard in Bibb,county, has been Centerville to place had not reached up noon left Ala., jail, murder for captured. there the The negro to posse was in and it is believed Hubbard died battle with the of lynched. Tuesday A but second of his dynamiters wounds. Hill the Union Pacific express train has been fought in the mountains 40 miles north of Casper, Wyoming, by the sheriff's posse in pursuit Sunday and as a one man more lie dead. The fought Sunday on morning, was which probably has been result Teapot since first crek, battle and 30 miles north of Casper. No one was wounded during this engagement but several horses were killed. Richard P. Bland was slightly better d on Monday. Lieutenant Colonel Piequart has been provisionally released from custody in Paris. Thomas Gardiner, one of the oldest and best known publishers on the coast died at San Diego. Hon. Timothy Guy Phelps, chairman of the board of regents of the University of California, is dead. The American line steamer Paris, which ran on the rocks off the Manacles May 21st, is now known to be lost. The Grand Prix de Paris in the Paris races was won Sunday by Perth, with Velasquez second and Alhambra third. S. Clark, of Armour, S. D., shot and fatally wounded his wife and 15-yearold daughter near Belmont, and then disappeared. It is stated in official circles in the South African Republic that President Kruger will advise the abolition of the dynamite monopely. The strike architectural iron workers inaugur several days ago, in St. Louis is on, with out osed.