Central Bank (Toppenish, WA)

Episode Information

Episode UID
98011971576
Episode Type
Run โ†’ Suspension โ†’ Closure
Bank Type
state
Bank ID
9801197 routing
Routing Number
98-0119
Start Date
April 22, 1931
Location
Toppenish, Washington (46.377, -120.309)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
8deedefd04b4871a

Response Measures

None

Description

Run triggered by teller's attempted suicide; bank placed in state supervisor's hands and later remained defunct with dividend distributions.

Events (3)

1. April 22, 1931 Run
Cause
Bank Specific Adverse Info
Cause Details
Run followed news of teller H. B. Miller's attempted suicide, provoking 'hysteria' and heavy withdrawals
Newspaper Excerpt
A run on the Central bank of Toppenish yesterday brought heavy withdrawals
Source
newspapers
2. April 22, 1931 Suspension
Cause
Government Action
Cause Details
Bank was placed in the hands of the state bank supervisor (state supervisory takeover/closure)
Newspaper Excerpt
President H. N. Gilbert ... announced the institution would be placed in the hands of the state bank supervisor
Source
newspapers
3. February 23, 1933 Receivership
Newspaper Excerpt
Distribution of $7217, representing an 8 per cent. dividend, from the defunct Central bank of Toppenish is being made to depositors. Two prior dividends, amounting to 65 per cent., have been made.
Source
newspapers

Newspaper Articles (9)

Article from The Tribune, May 8, 1930

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Article Text

RUN ON WASHINGTON BANK CLOSES DOORS Yakima, Wash. April run on the Central bank of Toppe. nish Tuesday brought heavy with. drawals and President H. N. Gilbert Yakima. announced the institution would be placed in the hands of the state superivisor Wednesday Gilbert attributed the run "hysteria," which he said followed the attempted suicide by teller, H. B Miller, at Spokane last Friday night. Miller is recovering. The institution had assets of 8325.000 at its last statement LEAD OUTPUT JUMPS. New York April (AP) -World output of refined lead increased in March to 145,489 short tons, compared with 135,320 tons in February, the American bureau of metal statistics reports. Production for March of 1930 amounted to 163,177 short tons. 25 REBELS SLAIN. Rangoon, Burma, April 22 Twenty-five rebels were killed and many when band of 500 attacked military police camp in the Thayetmyo district Wednesday and were repulsed Following an explosion in mine at Halg. England, which caused the death of 27 men, 1,500 workers in the district struck until assured more safety, and the government has ruled that they are entitled to unemployment benefits while striking


Article Text

YAKIMA BANK SHUTS DOORS AFTER BIG RUN YAKIMA. Wash., April 22.-(P)-A run on the Central bank of Toppenish yesterday brought heavy withdrawals and President H. N. Gilbert, Yakima, announced the institution would be placed in the hands of the state bank supervisor today. Gilbert attributed the run to "hysteria." which, he said. followed the attempted suicide by teller, H. B Miller, at Spokane last Friday night. The institution had assets of $325,000 at its last statement.


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RUN ON BANK CAUSED BY TELLER'S ATTEMPT TO COMMIT SUICIDE YAKIMA, Wash.. April on the Central Bank of Toppenish yesterday brought heavy withdrawals President H. Gilbert, Yakima, announced the stitution would be the placed hands of the state bank supervisor Gilbert attributed the run "hysteria" which he followed the attempted suicide teller, H. Miller, at Spokane last Friday night. Miller recovering. The institution had assets of at is last statement.


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WORLD NEWS IN BRIEF CANNON FIGHTS PROBE April 22 The senate campaign funds committee today made public letters from Bishop James Cannon of the Methodist Church South challenging its his expenditures 1928. The churchman contended the the senate committee's inquiry into the he made of $65,000 furnished by Jameson, New York, defeat Governor AI fred Smith, the presidential Virginia "open to very serious question." AMBASSADOR NAMED April The Spanish republic's United States will be Salvador De Madariaga, scholar, internationalist, writer of note, former League Nations official and present the Alfonso XIII professor Spanish studies Oxford University, RUN MADE ON BANK April the Central Bank of Toppenish today brought heavy withdrawals and President Gilbert, announced tonight the institution would placed in the hands of the state bank supervisor tomorrow Gilbert attributed the to "hysteria" which he said followed the attempted suicide by Miller, Spokane last Friday night. Miller covering. BUILDING BURNS April 22 four-story building the downbusiness section destroyby fire today, but efforts prevent the spread flames through closely-packed adjoining structures were successful. Four firemen overcome by smoke while fighting the blaze at Ninth and E streets, Northwest. About 100 guests in nearby hotel ordered streets for safety but that building was damaged and they returned to their rooms before daylight. BANK CLOSES Australia, April the prime min announced tonight that South Wales Savings Bank would not open doors The bank has deposits $425,000,000. HAWKS DOWN April Frank Hawks, racing back round trip flight between and Rome, forced down miles south Paris by lack fuel. The plane damaged He will continue trip tomortime between Heston, England, and Rome to five hours and minutes this covering 930 miles esti speed of 174 miles an hour. BABE RUTH HURT BOSTON, April Babe Ruth, while chasing Tom Oliver's double in the sixth inning of the game here today the New York Yankees the Boston Red Sox, hurt his left leg and had be carried from the field. BROKER IS SUICIDE OAKLAND, April Whitehead, known Oakland broker, and killed himhis home today Friends said Whitehead had been despondent for some time over the serious illness of his wife. CONFER ON DEBT NEW YORK, April leading figures the Democratic party John Raskob, Jouett and Alfred Smith ferred here today on the party deficit. DENVER BISHOP NAMED VATICAN CITY, April Monsignor Urban John rector St. Mary's Theological Seminary Cincinnati, Ohio, tonamed bishop of Denver, Colorado. The Rev. Karl Alter president the National Catholic School for Social Service Department, the National Catholic Welfare Conference Washingnamed bishop Toledo, Ohio. MINISTERS RESIGN COPENHAGEN, Denmark, April government crisis solved time being with by King Christian resignations Minister Justice Jonsson and Minister of Finance Arnason, and appointment Sigurd Kristenssen in place of Arnason. TREATY VIEWS April 22 The French disputed phases of the recent tripartite naval accord submitted the Italian and English in written notes through diplomatic channels this noon. Contents of the notes not made public. ONE DIES IN FIRE NEW YORK, April that destroyed five-story ment Park avenue and 116th street early today, killed un identified man, injured persons and left 100 homeless. Many leaped from dows, aroused by policemen Firemen subdued the fire after battle. OPPOSE SMUGGLERS EL PASO, Tex., April Three hundred Mexican federal troops quartered Juarez Chihuahua, opposite El Paso the Mexican Government's determination to operate vigorously with the United States Government preventing


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Harlem Woman Laid To Rest The first member of the pool's Mrs. W. B. Smith, wife of Dr. central selling agency to testify W. B. Smith, of Harlem, was laid before the royal commission on to rest in Highland cemetery grain futures was A. J. McPhail. Tuesday afternoon, following president of the Saskatchewan services at 2 o'clock at St. Mark's wheat pool. He asked that the church with Rev. A. M. Frost of futures market be placed under ficiating. The services at the supervision department of grave in charge the the dominion government. Harlem chapter of the Order of Eastern Star, No. 78, of which she was member. The pall bear- First Eucharistic ers were Walter Lawr. Walter Congress In State Jones. Jack Schaflow, Ralph Barton. Clarence Watson, J. D. Car- Opened At Butte nagie, all of Harlem. Music at the service included BUTTE. April 22 (AP) the hymns 'Asleep in Jesus,' Catholic clergymen of western "Peace, Perfect Peace,' and Montana gathered today at St. "Now the Laborer's Task is Patrick's ehurch here for the O'er." There were many floral first Montana eucharistic contributes and many from Harlem gress. and vicinity attended the serv- Pontifical mass at 9 o'elock ices. opened the services, which conMrs. Rose May Smith was 38 tinued throughout the day with years the time of her the Rt. Rev. George J. Finnegan, death, which occurred in Los An- Bishop of Montana, presiding. geles on April 14, at St. Vincent's hospital, where she had been un- CLOSES BANK der medical care for the past four YAKIMA, Wash., April 22. months. on the Central Bank She is survived by her husband of Toppenish yesterday brought and one daughter, Jane, who live heavy withdrawals and President at Harlem; by her mother who H. N. Gilbert. Yakima, announced lives Michigan, and sister, the institution would be placed Mrs. Rogers. also of Michigan, in the hands of the state bank who with her husband attended supervisor today. the funeral. A sister-in-law, Gilbert attributed the run to Miss Smith, also attended the "hysteria" which he said followed services. the attempted suicide of a teller, Mrs. Smith had resided at Har- H. B. Miller, at Spokane last Frilem for about 15 years. She was day night. Miller is recovering. past worthy matron of the The institution had assets of Eastern Star. $325,000 at its last statement.


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RUN ON WASHINGTON BANK CLOSES DOORS Yakima, Wash., April 23 run on the Central bank of Toppenish Tuesday brought heavy withdrawals and President H. N. Glibert. Yakima. announced the institution would be placed in the hands of the state bank superivisor Wednesday Gilbert attributed the run to hysteria,' which he said followed the attempted suicide by a teller. H. B Miller, at Spokane last Friday night. Miller is recovering The institution had assets of 8325,000 at its last statement.


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IRRIGATION REGION ARREST BANKER ON FIVE COUNTS H. B. Miller, Toppenish, Who Tried Suicide at Spokane, Was Civic Leader. CHEAT DEATH IN DITCH for Two Save Couple "Pull" of Current to June former president and cashier the Toppenish Central bank, who resuicide slashing his Spokane hotel. today was served with his him borrowing 84347 from the bank. Five ing counts the inforfiled in superior court by Olaf Bond which Miller's attorney obtained from surety firm. Since attempt to following which the was run and investigation affairs begun the state supervisor of Miller has kept the privacy of his Until overwhelmed Miller was one of the business leaders of past president of past of the Valley Rotary Couple Saved From Death. couple whose rescudid not learn their names, probably owe their the quick work staged last night by Hayes Jack when to the pair from ditch into and


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TOPPENISH BANKER SURETY BOND POSTS YAKIMA, June vice president and cashformer of the Central Bank of Toppenish, posted $10,000 surety bond today warrants were served him with feloniously borrowing the institution. The bank from has been closed since April 22. Miller attempted suicide in Spokane weeks ago by slashing his wrists with razor blade. Word of reached Toppenish and caused run on the bank.


Article from White Bluffs Spokesman, February 23, 1933

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Article Text

A $400 issue of self-liquidating scrip will be put into circulation at Wenatchee with the approval of the chamber of commerce. The scrip will be issued to school teachers in lieu of warrants and sold to business men for cash. Proceeds of the sale will be prorated among contributors to the fund raised last month to keep the schools open. Purses of Yakima Indians are heavfer by $7000, which they have recently acquired through the sale of wild horses. The tribesmen have also taken in several hundred dollars by sellIng beaver hides, and will soon receive payment of $11,000 in grazing fees, which is about half the sum usually returned in fees. The story, oft repeated by woodsmen, that coyotes become wolves after living in the timber several generations, received new confirmation recently, when word reached Chelan from Stehekin, of a schoolboy being trailed and treed by four coyotes. For the 36th consecutive year, Fred Zuehlke, a Davenport blacksmith, has received tax receipt No. 1 from Lincoln county: Zuehlke first received receipt No. 1 in 1897 when he paid his taxes. At that time Sprague was the county seat. He has been the first man to pay ever since. Two acres of certified Netted Gem seed potatoes which earned their owner nearly $100 was the project which aided John Liedtke, 18, Washougal high school senior, to win the 1933 county Smith-Hughes scholarship to Washington State college. A building program for the University of Washington calling for the expenditure of $530,000 is announced by the new board of regents. The funds are to come from students fees and returns from the Metropolitan Building company lease. Thousands of wild geese spent the winter on the Columbia river in eastern Klickitat county. This caused many old timers to believe that the winter would not be severe, but with the thermometer at 20 below, they changed their minds. Six carloads of cement, something over 1200 barrels, were loaded for shipment from the Lehigh plant at Metaline Falls last week. Four carloads went to the new bridge being built over the Kootenai river at Bonners Ferry, Idaho. Seattle, with four city councilmen to elect this spring, has 52 candidates to date in the running. The office pays $250 per month. It has been suggested that candidates wear badges so that they shall not solicit one another. Distribution of $7217, representing an 8 per cent. dividend, from the defunct Central bank of Toppenish is being made to depositors. Two prior dividends, amounting to 65 per cent., have been made. James Gyett of Kalama was injured in an unusual accident last Sunday when the tube in a tire which he was repairing exploded, the tire rim srtiking him in the face. His nose was broken. With success in sight in their campaign for lower transcontinental railroad rates on apples, Yakima valley fruit growers will next try for a rate slash on boat shipments to the Orient. A rabbit hunt, now planned to provide food for needy families along the Columbia river, is a plan which was carried out in eastern Klickitat county for several years. However, the ob. ject formerly was not to provide food, but to exterminate the animals, which caused damage to crops. A tired mother who had brought her 9-months-old son by airplane and steamship 2000 miles to Seattle in an 11-day race to save his life was rewarded with the best of news-"that the child would live."