First International Bank (South Bend, WA)

Episode Information

Episode UID
98007771398
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
9800777 routing
Routing Number
98-0077
Start Date
June 1, 1916*
Location
South Bend, Washington (46.663, -123.805)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
3a0ea41c1e27472b

Response Measures

None

Description

Multiple articles state the bank failed and a receiver was appointed; no run is described.

Events (2)
1. June 1, 1916* Receivership
Newspaper Excerpt
the bank failed and shortly after that the bank failed and a receiver was appointed for it.
Source
newspapers
2. June 1, 1916* Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank failed to pay presented certificates of deposit and became insolvent, leading to suspension/closure.
Newspaper Excerpt
The bank failed to pay and shortly after that the bank failed and a receiver was appointed for it.
Source
newspapers

Newspaper Articles (6)
1. June 1, 1916 The Fargo Forum and Daily Republican Fargo, ND
Article from The Fargo Forum and Daily Republican, June 1, 1916

Click image to open full size in new tab

Article Text

News of The Northwest BOND COMPANY LANGDON TO Statement of Plan MUST PAY LOSS HAVE ITS OWN Being Proposed by AUDITORIUM ON THREE C. D.'S Board of Regents Plan is Formulated at MeetInteresting Case is Decided in Federal Court at ing of the Interested Bismarck. Citizens. Several Features Are Being Worked Out-Explanation of Certain Steps in Contemplation Issued at Bismarck, N. D., June 1.-In the case Langdon, N. D., June 1.-At a meetof A. N. Beiseker, of Harvey, N. D., ing of the subscribers to the funds for Bismarck-Reveals Additional Changes. plaintiff, vs. Royal Indemnity Co., of the proposed auditorium, a temporary New York, defendant, on trial in the federal court here the last two days organization was formed for the purbefore Judge Lewis, of Denver, judgpose of securing a charter, and it begeneral rather than technical commerAn explanation of the plan of work ment was yesterday rendered in favor gins to look as if the new auditorium cial courses will also be featured at that is being prosecuted by the state of the plaintiff for $8,019.74 and costs. for Langdon was going to be a reality. The suit was brought to recover upon Wahpeton. board of regents, given out at BisThe charter has already been apthree indemnity bonds given to secure marck, throws some new light on the It has for years been evident that plied for, and as soon as this is rethree certificates of deposit of $2,500 there is little or no field for a state work of the board. The statement folceived the corporate seal will be ateach by the First International bank lows: school of forestry, as such, in North tached to a contract with Mr. Pruden, of Southbend, Wash., for money loaned The state board of regents is makDakota. For this reason the regents such bank by Mr. Beiseker, and has atthe present owner of the opera house, tracted considerable interest in banking some progress with its plans to will undoubtedly recommend rather and then everything will be ready to ing circles in this state. correlate and co-ordinate the work of radical changes at Bottineau and it is go ahead with a contract for the work These certificates were presented to the educational institutions. To have thought will endeavor to convert the of reconstruction. As soon as the the bank for payment shortly after taken ill-advised or hasty action withschool there into one of the great agricharter is received another meeting they became due and the bank failed cultural schools of the northwest, out familiarizing themselves with the will be called and the permanent orto pay same and shortly after that the conditions of the state would have training boys for agriculture and girls bank failed and a receiver was apganization will be formed. been unpardonable on the part of the pointed for it. A demand was made in home economics and giving instrucThe name selected for the company upon the bond company. to pay the regents and would have done incaltion in the rudimentary commercial amount due upon the certificates of deculable harm to the educational intercourses. and the is pany," the "Langdon amount Auditorium of capital Com- stock posit, and on their refusal to pay, this ests of North Dakota. For that reaThe work of forestry may properly has been placed at $10,000. These deaction was brought. Aloys Wartner son the members of the board have be transferred eventually to the agriand John O. Hanchett, of Harvey, aptails had to be settled before the charstudied conditions carefully and have peared as attorneys for the plaintiff, cultural college, where, with the adter could be secured. acted in a conservative manner to and J. J. Youngblood, of Fessenden, dition of one professor, this work can A board of five directors was elected and S. L. Nuchols, of Mandan, appeared avoid any danger that might arise be handled better than at present. consisting of C. E. Johnston, M. O. as attorneys for the defendant. from radical action. The policy of the W. Price and The tree nurseries doubt be

2. June 8, 1916 The Devils Lake World and Inter-Ocean Devils Lake, ND
Article from The Devils Lake World and Inter-Ocean, June 8, 1916

Click image to open full size in new tab

Article Text

at Fort Rice, was sentenced at Bismarck to two years in Leavenworth penitentiary for embezzlement of postal funds: Schmidt used worthless checks of his own and placed them in the cash box of the Fort Rice post office against money orders made payable at the Mandan postoffice. An executive committee of citizens representing the towns of Billings Hardin and Sheridan, Mont., at a meeting with members of the Crow tribe recently at the Crow reservation, cutlined in general the program for the commemoration on the battlefield, June 25, of the fortieth anniversary of the battle of the Little Big Horn. Governor Hanna of North Dakota issued a proclamation calling on citizens of North Dakota to cease their labor between the hours of 2 and 4 p. m., May 31, in memory of James J. Hill, whose funeral was held at St. Paul on that day. "In the death of James J. Hill," read the proclamation, "North Dakota has lost its best friend." Professor J. G. Flaaten of Duluth will direct the monster chorus that will be a feature of the annual saengerfest of the Northwestern Norwegian Singers' association in Grand Forks, July 6, 7 and 8. The Bjerne chorus of Grand Forks is lost to the general association this year. The program calls for three big concerts, one on each day of the festival. Mrs. E. R. Harrison, aged sixty-five, and her daughter, Mrs. Harry Hargrave, forty, were killed when a Great Northern train struck the auto in which they were riding at Michigan. Miss Meta Anderson, Curtis Wright and his cousin, George Wright, the other occupants of the machine, were injured, but are expected to recover. A view of the train was prevented by Representatives of the Great Northern Railway company have been in Fessenden and vicinity securing right of way for the extension from New Rockford to Lewistown, Mont., and it is believed work on the line will be started this year. The new road will tap a rich agricultural country and its operation will be of great value to territory tributary to it, enhancing farm land values and creating several new towns. Charges were brought against F. L. Hovde at Stanley, register of deeds, signed by several Parshall people, that he had employed the time which should have been used in conducting the affairs of his office and the duties in connection therewith for the purpose of private gain, making several allegations that the services of himself and others were used otherwise than in the discharge of the duties to be performed. The paper was filed with the county commissioners and the board, in conjunction with the state's attorney, investigated the charges. The allegations could not be sufficiently sustained to press the charges further and the commissioners decided to drop the matter under the charges filed. In the case of A. N. Reiseker against the Royal Indemnity company of New York, on trial in federal court at Bismarck before Judge Lewis of Denver, judgment was given in favor of the plaintiff for $8,019.74 and costs. The suit was brought to recover upon three indemnity bonds to secure three certificates of deposit of $2,500 each by the First International bank of Southbend, Wash., for money loaned each bank by Reiseker. The certificates were presented to the bank for payment shortly after they became due The bank failed to pay and shortly after failed and a receiver was appointed for it. A demand was made upon the bond company to pay the amount due and upon its refusal action was brought. The closing period for the filing of petitions for the primary election brought several surprises in North Dakota, principal among which was the failure of Leslie Simpson to file as a candidate for congress in the Third district. As a result, P. D. Norton will be nominated by the Republicans without opposition. Herman Midtbo of Minot has filed as a candidate for the Republican nomination for United States senator. The three-cornered fight predicted for the Democratic gubernatorial nomination has come to pass, for Halvor Halvorson of Minot has filed as a candidati. L. A. Platou, D. H. McArthur and Halvorson will fight it out. The Republican candidates for governor are: U. L. Burdick, Williston; J. H. Fraine, Grafton; George J. Smith, Plaza; Lynn J. Frazer, Hoople. WOMEN PICK NEW ORLEANS

3. June 8, 1916 Courier Democrat Langdon, ND
Article from Courier Democrat, June 8, 1916

Click image to open full size in new tab

Article Text

marck to two years in Leavenworth penitentiary for embezzlement of pos- tal funds. Schmidt used worthless checks of his own and placed them in the cash box of the Fort Rice post- office against money orders made pay- able at the Mandan postoffice. An executive committee of citizens representing the towns of Billings, Hardin and Sheridan, Mont., at a meeting with members of the Crow tribe recently at the Crow reservation, outlined in general the program for the commemoration on the battlefield, June 25, of the fortieth anniversary of the battle of the Little Big Horn. Governor Hanna of North Dakota issued a proclamation calling on citi- zens of North Dakota to cease their labor between the hours of 2 and 4 p. m., May 31, in memory of James J. Hill, whose funeral was held at St. Paul on that day. "In the death of James J. Hill," read the proclamation. "North Dakota has lost its best friend." Professor J. G. Flaaten of Duluth will direct the monster chorus that will be a feature of the annual saen- gerfest of the Northwestern Norwe- gian Singers' association in Grand Forks, July 6, 7 and 8. The Bjerne chorus of Grand Forks is lost to the general association this year. The program calls for three big concerts, one on each day of the festival. Mrs. E. R. Harrison, aged sixty-five, and her daughter, Mrs. Harry Har- grave, forty, were killed when a Great Northern train struck the auto in which they were riding at Michigan. Miss Meta Anderson, Curtis Wright and his cousin, George Wright, the other occupants of the machine, were injured, but are expected to recover. A view of the train was prevented by Representatives of the Great North- ern Railway company have been in Fessenden and vicinity securing right of way for the extension from New Rockford to Lewistown, Mont., and it is believed work on the line will be started this year. The new road will tap a rich agricultural country and its operation will be of great value to ter- ritory tributary to it, enhancing farm land values and creating several new towns. Charges were brought against F. L. Hovde at Stanley, register of deeds, signed by several Parshall people, that he had employed the time which should have been used in conducting the affairs of his office and the duties in connection therewith for the pur- pose of private gain, making several allegations that the services of him- self and others were used otherwise than in the discharge of the duties to be performed. The paper was filed with the county commissioners and the board, in conjunction with the state's attorney, investigated the charges. The allegations could not be sufficiently sustained to press the charges further and the commission- ers decided to drop the matter under the charges filed. In the case of A. N. Reiseker against the Royal Indemnity company of New York, on trial in federal court at Bismarck before Judge Lewis of Denver, judgment was given in favor of the plaintiff for $8,019.74 and costs. The suit was brought to recover upon three indemnity bonds to secure three certificates of deposit of $2,500 each by the First International bank of Southbend, Wash., for money loaned each bank by Reiseker. The certifi- cates were presented to the bank for payment shortly after they became due. The bank failed to pay and shortly after failed and a receiver was appointed for it. A demand was made upon the bond company to pay the amount due and upon its refusal ac- tion was brought. The closing period for the filing of petitions for the primary election brought several surprises in North Dakota, principal among which was the failure of Leslie Simpson to file as a candidate for congress in the Third district. As a result, P. D. Norton will be nominated by the Re- publicans without opposition. Her- man Midtbo of Minot has filed as a candidate for the Republican nomina- tion for United States senator. The three-cornered fight predicted for the Democratic gubernatorial nomination has come to pass, for Halvor Halvor- son of Minot has filed as a candidate. L. A. Platou, D. H. McArthur and Hal- vorson will fight it out. The Repub- lican candidates for governor are: U. L. Burdick, Williston; J. H. Fraine, Grafton; George J. Smith, Plaza; Lynn J. Frazer, Hoople. # WOMEN PICK NEW ORLEANS

4. February 12, 1920 Vashon Island News-Record Vashon, WA
Article from Vashon Island News-Record, February 12, 1920

Click image to open full size in new tab

Article Text

WASHINGTON STATE NEWS OF INTEREST Important Occurrences of Past Week Briefly Compiled for Our Readers. The influenza epidemic is decreasing in Walla Walla. Of the 26 births at Centralia during January, 14 were females. The quarterly convention of the Puget Sound Society of Friends was held in Seattle. Influenza cases are decreasing in number in Seattle, Dr. H. M. Reed, city health commissioner, amnounced. Rev. Jeremiah Dick, for 16 years Sunday school missionary of the Congregational church, is dead at Seattle. A total of 1300 Vancouver voters have joined the Triple alliance, according to an official of the central labor council. Investigations in the alleged irregularities in the Pacific coast shipbuildlag program have been resumed at Seattle before a federal grand jury. Fire destroyed the Thompson-Ford Lumber company sawmill at Kelso. The loss is estimated at between $40,000 and $50,000, with $20,000 insurance. Four famous guns operated by the 146th field artillery, recruited mainly from Washington, Oregon and Idaho, have been presented to Walla Walla by the war department. Shipments to date from Yakima valley points, with estimates of 2000 cars of fruit yet remaining in storage, indicate a total production of 16,137 cars last season. F. E. Waterhouse, 28, bank clerk, within half an hour after his arrest at Seattle, pleaded guilty to an indictment charging him with embezzling $3500 from his employers. A record price for wheat was paid at Walla Walla, when Joe Grote, a Eureka farmer, bought 5000 bushels of Early Bart for seeding. Grote paid $8.50 a bushel for the grain. The school teachers of Pasco have requested that they be given a bonus in addition to their regular salaries. The bonus asked for approximates 20 per cent of their contract salaries. The receiver of the First International bank of South Bend, which failed three years ago, has declared a dividend of 25 per cent, and asserts that another one will be declared shortly. The Berg-Griggs company of Tacoma was awarded a contract by the state board of control for construction of a central heating plant at the state in dustrial school for girls at Grand Mound for $7990. A contest of the will of J. D. Sherwood of Spokane, who was killed in a California automobile accident together with his wife, has been filed by a sister of the wife, who claims that the husband died first. Two grain elevators and warehouses, with a capacity of 300,000 bushels each, will be erected at Moscow, Idaho, and Colfax, Wash., this summer by Alloway & George, Spokane contractors, according to plans made public. Dr. F. E. Smith, chief dairy and fuel inspector of Seattle, was elected president of the Parific Northwest Association of Dairy and Milk Inspectors at the eighth annual convention of that organization which was held in Portland, Or. The Kelso city council has entered into an agreement with D. B. Fleck. owner of the Kelso water system, subject to the approval of the voters of the city, by which the city will purchase the Kelso Water company system for $40,000. A huge electric power house driven by water dammed on the north fork of the Lewis river, in Clarke county, and to cost possibly $5,000,000, is to be built by the Northwestern Electric company of Portland, if rumors to that effect are true. The board of Lincoln county commissioners has granted a franchise to the Washington Water Power company for an extension of their power transmission line nine miles northwest of Wilbur. The new line will supply light and power in a number of farm homes in the territory. Pending favorable decision by the courts, stockholders of the Puyallup and Sumner Fruitgrowers' association will distribute a $50,000 melon which with interest totals $64,000. For the 1919 season, returns to the growers amounted to $779,740 at a cost of operation of $7216. The state sheriffs' association, in session at Walla Walla, reelected :

5. February 12, 1920 The Kennewick Courier-Reporter Kennewick, WA
Article from The Kennewick Courier-Reporter, February 12, 1920

Click image to open full size in new tab

Article Text

WASHINGTON STATE NEWS OF INTEREST Important Occurrences of Past Week Briefly Compiled for Our Readers. The influenza epidemic is decreasing in Walla Walla. Of the 26 births at Centralia during January, 14 were females. The quarterly convention of the Puget Sound Society of Friends was held in Seattle. Influenza cases are decreasing in number in Seattle, Dr. H. M. Reed, city health commissioner, announced. Rev. Jeremiah Dick, for 16 years Sunday school missionary of the Congregational church, is dead at Seattle. A total of 1300 Vancouver voters have joined the Triple alliance, according to an official of the central labor council. Investigations in the alleged irregularities in the Pacific coast shipbuilding program have been resumed at Seattle before a federal grand jury. Fire destroyed the Thompson-Ford Lumber company sawmill at Kelso. The loss is estimated at between $40,000 and $50,000, with $20,000 insurance. Four famous guns operated by the 146th field artillery, recruited mainly from Washington, Oregon and Idaho, have been presented to Walla Walla by the war department. Shipments to date from Yakima valley points, with estimates of 2000 cars of fruit yet remaining in storage, indicate a total production of 16,137 cars last season. F. E. Waterhouse, 28, bank clerk, within half an hour after his arrest at Seattle, pleaded guilty to an indictment charging him with embezzling $3500 from his employers. A record price for wheat was paid at Walla Walla, when Joe Grote, a Eureka farmer, bought 5000 bushels of Early Bart for seeding. Grote paid $3.50 a bushel for the grain. The school teachers of Pasco have requested that they be given a bonus in addition to their regular salaries. The bonus asked for approximates 20 per cent of their contract salaries. The receiver of the First International bank of South Bend, which failed three years ago, has declared a dividend of 25 per cent, and asserts that another one will be declared shortly. The Berg-Griggs company of Tacoma was awarded a contract by the state board of control for construction of a central heating plant at the state industrial school for girls at Grand Mound for $7990. A contest of the will of J. D. Sherwood of Spokane, who was killed in a California automobile accident together with his wife, has been filed by a sister of the wife, who claims that the husband died first. Two grain elevators and warehouses, with a capacity of 300,000 bushels each, will be erected at Moscow, Idaho, and Colfax, Wash., this summer by Alloway & George, Spokane contractors, according to plans made public. Dr. F. E. Smith, chief dairy and fuel inspector of Seattle, was elected president of the Parific Northwest Association of Dairy and Milk Inspectors at the eighth annual conyention of that organization which was held in Portland. Or. The Kelso city council has entered into an agreement with D. B. Fleck, owner of the Kelso water system, subject to the approval of the voters of the city, by which the city will purchase the Kelso Water company system for $40,000. A huge electric power house driven by water dammed on the north fork of the Lewis river, in Clarke county, and to cost possibly $5,000,000, is to be built by the Northwestern Electric company of Portland, if rumors to that effect are true. The board of Lincoln county commissioners has granted a franchise to the Washington Water Power company for an extension of their power transmission line nine miles northwest of Wilbur. The new line will supply light and power in a number of farm homes in the territory. Pending favorable decision by the courts, stockholders of the Puyallup and Sumner Fruitgrowers' association will distribute a $50,000 melon which with interest totals $64,000. For the 1919 season, returns to the growers amounted to $779,740 at a cost of operation of $7216. The state sheriffs' association, in session at Walla Walla, reelected George Reid of Spokane president and elected John L. Stringer of Seattle

6. September 6, 1923 The Oregon Daily Journal Portland, OR
Article from The Oregon Daily Journal, September 6, 1923

Click image to open full size in new tab

Article Text

children living in Ilwaco. The sentence is the heaviest for such a crime ever imposed in Pacific county. There were two previous failures in the county, those of the First International bank of South Bend and the Raymond Trust company of Raymond. Minimum sentences of two years were imposed upon the chief defalcators. State Deputy Examiner Knapp will take over the failed bank affairs. It will probably pay about 50 cents on the dollar on its deposits of $250,000, officials say. The depositors were mainly Columbia river fishermen, farmers, laborers and business men of small means who had faith in the bank as a community institution. Other banks of the county had steered clear of entanglements with the Ilwaco institution and have shipped in heavy specie supplies to meet any runs.