Commercial Bank (Weeping Water, NE)

Episode Information

Episode UID
96080491137
Episode Type
Suspension β†’ Closure
Bank Type
trust
Bank ID
9608049 hash
Start Date
September 25, 1894
Location
Weeping Water, Nebraska (40.870, -96.141)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
3c5a27ec5dcbd017

Response Measures

None

Description

Inspector/State Banking Board declared the bank insolvent and a receiver was appointed; closure appears permanent.

Events (4)

1. September 25, 1894 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank closed due to insolvency/insufficient funds (deposits less than loans), leading to suspension of operations.
Newspaper Excerpt
The Commercial bank at Weeping Water, Neb., closed its doors with deposits of $26,000 and $39,000 in loans.
Source
newspapers
2. August 23, 1895 Receivership
Newspaper Excerpt
Receiver John A. Denelan of the Commercial Bank at Weeping Water this morning filed an affidavit ... asking for an order upon R. H. Townley, chief clerk of the State Banking Board, for the return of $237 alleged to have been unlawfully retained by him while acting as temporary receiver.
Source
newspapers
3. February 21, 1896 Receivership
Newspaper Excerpt
A petition was filed in the district court here today for the removal of Receiver John A. Donelan of the Commercial Bank of Weeping Water. A large number of the names which appear on the petition are those who petitioned for Donelan's appointment.
Source
newspapers
4. February 1, 1899 Receivership
Newspaper Excerpt
Thomas Murtey, receiver of the Commercial bank of Weeping Water, Neb., vs. Simeon Allen ... the bank which is insolvent.
Source
newspapers

Newspaper Articles (8)

Article from Grant County Herald, September 27, 1894

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MINOR NEWS ITEMS. For the Week Ending Sept. 25. The Reaves Warehouse company at Sayannah, Ga., failed for $800,000. At Harrisburg, Pa., Judge McPherson ruled that raffies were gambling and illegal. Five acres of ground sunk at Duryea, Pa., and twenty-six dwelling houses on were wrecked. St. Mary's Roman Catholic college at Oakland, Cal., was burned, the loss being $200,000. The signal station on the summit of Pike's Peak is to be abandoned by the weather bureau. The Chicago Great Western is said to contemplate the laying of a second rack through most of Illinois. Mme. Amy Fursch-Madi, the noted opera singer, died in Warrensville, N. J. She was about 50 years old. The United States gunboat Yorktown arrived at the Mare island navy yard, California, from Behring sea. By FL clause adopted by the New York constitutional convention bookmaking is to be prohibited in the state. The Commercial bank at Weeping Water, Neb., closed its doors with deposits of $26,000 and $39,000 in loans. One laborer was killed and four others injured by a cave-in while excavating for a wall in Philadelphia. On the expiration of his term in congress Col. Breckinridge will resume the practice of law in Lexington, Ky. Grand Exalted Ruler Friday has suspended the charters of seven lodges of Elks for holding sessions on Sunday. A five-story business block was destroyed by fire at St. Louis, causing a loss of $200.000. Five firemen were injured. The New York constitutional convention adopted a civil service amendment recommending old soldiers for office. Bishop Maes suspended the Catholic young men's institute of Covington, Ky., for dispensing beer at 8 recent pienic. A rain and hailstorm did great damage throughout central Iowa. At Knoxville the storm was especially severe. .Park opera house. the chief amusement resort in Erie, Pa., for fort years, was burned, entailing a loss of $80,000. Plimmer and Murphy fought twentyfive rounds to a draw at New Orleans. The former had the better of the en couitter. Joseph P. Gordon was sentenced at Detroit to state prison for the rest of his life for the killing of his little daughter. Jim Allen, a full-blooded Choctaw Indian. was shot for murder at the Pushmahata court grounds in Indian


Article from The Cape Girardeau Democrat, September 29, 1894

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Smith, Ark., for murdering William Bolding and Ed von der Ver on Decem- ber 25, 1891, in the Indian country. It was claimed that adventurers were destroying all the animals in Alaska by the indiscriminate use of poison. At Galesburg, Ill., Directly paced a mile in 2:07¾, reducing the 2-year-old record from 2:09. THE United States veterinary con- vention at Philadelphia condemned the docking of horses tails. INDUSTRIOUS hammering by bears forced December wheat options in New York to 58¾ cents, a new low record. THE ready-made clothing industry in Boston was paralyzed by a strike of the operatives, involving 5,500 em- ployes. THE locomotive firemen in conven- tion at Harrisburg, Pa., agreed not to strike as long as contracts were not violated. It was discovered that the present tariff law makes no provision for a duty upon preserved fruits. BISHOP MAES suspended the Catholic young men's institute of Covington, Ky., for dispensing beer at a recent picnic. GEORGE SCHMOUS was hanged in the jail at Pittsburgh, Pa., for murdering his wife and two children. NEW YORK physicians were puzzled over the case of a woman weighing ninety-eight pounds, but who could not be lifted against her will. THE Sovereign Grand Lodge of Odd Fellows in session at Chattanooga de- cided to admit women to the order. THE Reaves Warehouse company at Savannah, Ga., failed for $300,000. THERE were 212 business failures in the United States in the seven days ended on the 21st, against 207 the week previous and 821 in the correspond- ing time in 1893. WILLIAM LEDBETTER, a farmer, and J. H. Clayton, an engineer, living near St. Clair, Mo., were arrested for coun- terfeiting silver dollars. EDMONIA ANDERSON and Irene Wash- ington, two octoroons, fought a duel with knives at Swift, Ala., and both were killed THE New York constitutional con- vention adopted a civil service amend- ment recommending old soldiers for office. THE exchanges at the leading clear- ing houses in the United States during the week ended on the 21st aggre- gated $900,287,045, against $853,263,145 the previous week. The decrease, com- pared with the corresponding week in 1893, was 12.0. A TRAIN struck a buggy at London, O., and Mrs. H. L. Jewell, of Greeley Col., was killed, and Mabel and Helen Stutz were fatally injured. A CYCLONE which swept northern Iowa and southern Minnesota killed two persons at Emmetsburgh, Ia., and three at Leroy, Minn. Dodge Center and Lowther, in Minnesota, were devastated. CHARLES E. NORRIS, wanted at Pear- sall, Tex., for a murder committed ten years ago, was arrested in Chicago. A COMPANY has been incorporated at Columbus, O., to build an electric road from Pittsburgh to Chicago and to furnish heat and light to towns along the line. C. A. JONES, a La Grange (Ind.) busi- ness man convicted of assault on a lit- tle girl, was found dead in his cell from poison. C. H. BLAKELY, of Chicago, was elected president of the United Typo- thetæ at the Philadelphia meeting. BRECKINRIDGE'S son attempted to pick a quarrel with Judge Kinkead at Lexington, Ky., and made an attack with a knife on a former friend who had supported Owens. CAVING of the earth from some un- known cause created great excitement among farmers in the vicinity of Wichita, Kan. IN the supreme court at Boston an injunction to prevent the sugar trust doing business in the state was refused. THE Commercial bank at Weeping Water, Neb., closed its doors with de- posits of $26,000 and $39,000 in loans. FRANCIS M. LOGGAN, aged 30, a fire- bug and proud of it, went to the state penitentiary from Kansas City, Mo., for five years for setting fire to the yards of the Kansas City Lumber com- pany. He volunteered the statement that he had been causing big fires in all parts of the United States and Can- ada for many years. A RAIN and hailstorm did great dam- age throughout central Iowa. At Knoxville the storm was especially severe. JOHN and Jasper Atkins (white) were hanged at Winnesboro, S. C., for the murder of William Camp. THE cattlemen and Cheyenne Indians near Woodward, O. T., were at war and the settlers in the vicinity were moving their effects into town and the citizens were arming. PERSONAL AND POLITICAL. IN convention at Saratoga Springs the republicans of New York nom-


Article from The Irish Standard, September 29, 1894

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MINOR NEWS ITEMS. For the Week Ending Sept. 26. Five acres of ground sunk at Duryea, Pa., and twenty-six dwelling houses were wrecked. The signal station on the summit of Pike's Peak is to be abandoned by the weather bureau. Chinese agents in Europe and America have been instructed to purchase all available warships The Chicago Great Western is said to contemplate the laying of a second track through most of Illinois. The United States gunboat Yorktown arrived at the Mare island navy yard, California, from Behring sea. By a clause adopted by the New York constitutional convention bookmaking is to be prohibited in the state. The Commercial bank at Weeping Water, Neb, closed its doors with deposits of $26,000 and $39,000 in loans. In her trial trip the new battleship Maine, which was built by the government, made 17.55 knots per hour. Douglas Luce, who was born in 1795 and had lived under every president of the United States, died at Urbana, O. On the expiration of his term in congress Col. Breckinridge will resume the practice of law in Lexington, Ky. Grand Exalted Ruler Friday has suspended the charters of seven lodges of Elks for holding sessions on Sunday. A five-story business block was de stroyed by fire at St. Louis, causing a loss of $200,000. Five firemen were injured. James G. Sheridan, who was considered without a peer as a race track starter, died in New York from apoplexy. Bishop Maes suspended the Catholic young men's institute of Covington, Ky., for dispensing beer at a recent picnic. Park opera house. the chief amusement resort in Erie, Pa., for fort years, was burned, entailing a loss of $80,000. Old soldiers' day at the Illinois state fair drew out 2,500 veterans, who were given free admission to the grounds. Joseph P. Gordon was sentenced at Detroit to state prison for the rest of his life for the killing of his little daughter. Jim Allen, a full-blooded Choctaw Indian, was shot for murder at the Pushmahata court grounds in Indian territory. The locomotive firemen in convention at Harrisburg, Pa., agreed not to strike as long as contracts were not violated. Frederick Brown, well known as the maker of Brown's Jamaica ginger, died at his home in Burlington, N. J., aged 57 years. Judge Ariel Standish Thurston, of Elmira, N. Y., a supreme court judge, fell downstairs and broke his neck at Braddock, Pa. The whaling steamship Falcon reached Philadelphia with most of the members of the Peary arctic expedition on board. Toledo, (0.) capitalists have projected a canal from that city to Chicago, and engineers are engaged in making surveys. Suffrage women of Topeka, Kan., to the number of 100 have agreed to reform woman's costume by wearing Turkish trousers. James P. Caven, general freight and passenger agent of the Valley road, was found murdered in Cleveland, presumably by robbers. The United Brotherhood of Carpenters and Joiners of Amèrica in session at Indianapolis elected Charles Owens, of New York, president. Cyclist Searle failed to lower the road record between Chicago and New York, taking eight days and three hours to complete the journey. An unknown man entered the office of County Treasurer Scott at Sherman, Tex., knocked him senseless and robbed the safe of more than $1,000. Senator Hoar, the new president, addressed the national Unitarian conference at Saratoga, which adopted resolutions in memory of George William Curtis.


Article from The San Francisco Call, August 24, 1895

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Fees and Larceny. PLATTSMOUTH, NEBR., Aug. 23.-Receiver John A. Denelan of the Commercial Bank at Weeping Water this morning filed an affidavit in the District Court asking for an order upon R. H. Townley, chief clerk of the State Banking Board, for the return of $237 alleged to have been unlawfully re-


Article from The San Francisco Call, August 24, 1895

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tained by him while acting as temporary receiver. In 1894 Townley proceeded to Weeping Water and inspected the affairs of the Commercial Bank. He declared the bank to be insolvent and returned to Lincoin, taking with him over $1400 of the bank's assets. Townley handed over something like $1200 and presented a bill for the remaining $237. He refuses to give up the balance, and the Attorney-General ordered suit on the charge of larceny.


Article from Omaha Daily Bee, February 22, 1896

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Want the Recever Removed. PLATTSMOUTH, Neb., Feb. 21.-(Special.)-A petition was filed in the district court here today for the removal of Receiver John A. Donelan of the Commercial Bank of Weeping Water. A large number of the names which appear on the petition are those who petitioned for Donelan's appointment. They allege that the acts of the receiver are somewhat contrary to his agreement before his appointment.


Article from Burlington Weekly Free Press, February 2, 1899

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SEVERAL RAILROAD CASES Brought Before tne Supreme Court From Rutland County. Montpeller, Feb. 1.-In Supreme Court to-day, hearings in Rutland county cases were continued, the first one heard being William D. Sherman vs. Delaware and Hudson Canal company. G. E. Lawren e appeared for the plaintiff and Butler and Moloney for the defendant. This IS an action in which the plaintiff seeks to recover damages for injuries sustained by reason of falling from a ladder upon which he was standing while taking measurements of a ventilator upon a passenger car of the defendant, his fall being occasioned by the starting of an engine attached to the car. The case was heard at the March term, 1898, and the jury rendered a verdiet for the plaintiff for $2000 damages, upon which the defendant filed a motion to set aside the verdict which was denied and the case comes up to the Supreme Court on defendant's exceptions, The defendant claims that the plaintiff, at the time of the accident, was acting as the defendant's servant and that the injury, if occasioned by its servant, resulted from the neglect of a fellow servant of the plaintiff. And also because the case showed that the accident occurred through the negligence of the plaintiff himself, and that upon the evidence it was not caused : by any negligence for which the defendant is in law chargeable. In the case of Thomas Murtey, receiver of the Commercial bank of Weeping Water, Neb., vs. Simeon Allen, Butler and Moloney appeared for the plaintiff and Beaman and Platt and J. C. Baker for the defendant. In this case it appears that the defendant held 25 shares of $100 each in the Commercial bank which is insolvent and it is held by the plaintiff that under the Nebraska law that the stockholders in an insolvent corporation is liable in proportion to the amount of stock 3 held by him while the defendant claims that this law is local in its operation and can not be enforced in this State. In the September term, 1898, the plaintiff's declaration was adjudged insuflicient and the e uo amon enrauding aut 01 SEM este / the plaintiff's exceptions. The closing case of Rutland county was that of George T. and Newman K. Chaffee e vs. the Rutland Railroad company, G. E. L Lawrence appearing for the plaintiffs and Stickney and Sargent, F. D. White and 1' M. Meldon for the defendant. . This is a case of alleged negligence on the part of the defendant in which the 3 plaintiff's received a judgment for $200 damages at the March term, 1898, in the t lower court and the case came to the Suis preme Court on the defendant's exceptions. y


Article from Burlington Weekly Free Press, May 11, 1899

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Of the Supreme Court Opened at Montpelier Tuesday. DECISIONS RENDERED On a Part of the Cases Heard at the October Term-Vivian Barrett vs. F. L. Fish Being Heard-Woman Fatally Burned at White River Junetion-Fire in Barre. Montpelier, May 9.-The May term of Supreme Court opened yesterday morning in this city in the court room at the State House. All the members of the supreme bench were present. Prayer was offered by Rev. Dr. Norman Seaver of this city and proclamation was made by Deputy J. L Tuttle. A large number of atterneys of the Washington County bar were present and among those from outside the county who were present were: E. C. Mower of Burlington and W. H. Bliss of Middlebury J. L. Martin of Brattleboro, W. W. Stickney of Ludlow. State's Attorney Fish of Vergennes, W B. C. Stickney of Bethel, Lieut.-Gov. Bates and Harry Blodgett and W. P. Stafford of St. Johnsbury, F. H. Button of Middlebury. S. E. Pingree of Hartford and F. S. Platt of Poultney. Deeisions were rendered in the following cases heard at the October term:CALEDONIA COUNTY. Littleton Bridge Co., vs. Robert Pike. Case not properly before the court. Excentions dismissed. Opinion by Judge Minson. Hardwick Savings Bank and Trust Co., vs R. F. Drenan and trustee, special assumpsit. Discontinued. E. M. Crane vs. S. E. Darling, slander. Settled and discontinued. R. F. Drenan vs. Hardwick Savings Bank and Trust Co., petitioning for a new trial. Settled and discontinued. W. H. Carter vs. Central Vermont Railroad company. Still with the court. J. G. Bussing vs. Geo. C. Carey. Settled and discontinued. WINDSOR COUNTY. Town of Weathersfield VS. Town of Mt. Tabor. Judgment affirmed ESSEX COUNTY State vs. W. S. Allen, B. Rooney and others listers of the town of Maidstone. Exceptions sustained, indictments quashen and respondents discharged. Opinion by Judge Start. ORANGE COUNTY. Hosea Mann. inspector of finances vs. the Bradford Savings bank and Trust company, petition for receivers. Decree reversed and cause remanded with mandate. Opinion by Judge Start. WINDHAM COUNTY. Town school district of Brattleboro vs. graded school district, et al. Decree reversed and cause remanded. Opinion by Judge Munson. RUTLAND COUNTY. Cheshire Beef company vs. George C. Thrall, assumpsit, general and common courts Judgment affirmed. Opinion by Judge Munson. New England Fire Insurance company vs. David N. Haynes. Settled and discontinued. W. F. Walker and W. E. Strong as administrators of F. W. Walker vs. E. W. Arnold. Discontinued. Mary J. Comstock VS. Delaware and Hudson Canal company. Still with the court. John Morrell & Co., VS. New England Fire Insurance company. Discontinued. George T. Chaffee and Newman K Chaffee VS. the Rutland Railroad company. Still with the court. Thomas Murtey as receiver of the Commercial bank of Weeping Water, Neb., vs. Simeon Allen. Still with the court. ADDISON COUNTY. A. P. Tupper's executors vs. Charles Chapman, apt., assumpsit. Judgment affirmed. Opinion by Judge Munson. Walter Scranton, et al., VS. Fred G. Barhard, trespass. Settled and discontinued. FRANKLIN COUNTY. W. P. Dwyer VS S. N. Howe, assumpSit. Settled and discontinued. A. S. Richardson VS. the City of St. Albans. Settled and discontinued. CHITTENDEN COUNTY. The National Bank of Commerce VS. the Burlington Woolen company, assumpsit. Settled and discontinued. WASHINGTON COUNTY. Thomas W. Wood vs. the Montpelier Public Library Association, et al. Still with the court. Grace 1. Parker VS. Taylor O. Parker, et al., general assumpsit. Still with the court. John and R. W. Kelley VS. Town of Moretown, apt. Settled and discontinued. D. L. Fuller and Son vs. Woolson Bros. Petition dismissed. State vs. Arthur J. Smith, nuisance. Still with the court. State vs. Jules Sanctuary and Charlon