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Commercial
September 5, 1896
Event 1 of 2
Birmingham State Herald
Birmingham, Jefferson County, Alabama
What is this article about?
The First National Bank of Helena, Montana, one of the largest in the West with Ex-Governor Hauser as president, failed on Sept. 4. Liabilities total $3,458,000 including $800,000 capital and $2,930,000 deposits. Bank Examiner Flynn placed in charge due to inability to realize assets.
Clipping
OCR Quality
98%
Excellent
Full Text
This is Event 1 of 2. The full text below covers all events in this component.
BUSINESS EMBARRASSMENTS,
First National Bank, Helena, Mont.
Washington, Sept. 4.-Acting Comptroller Comfin was today advised of the failure of the First National bank of Helena, Mont. This bank is one of the largest in the west, Ex-Governor Hauser being its president. The liabilities are stated at $3,458,000, as follows: Capital $800,000, surplus and profits $208,000, due other banks $395,000, bills payable $125,000, individual deposits $2,930,000. Bank Examiner Flynn has been placed in charge of the bank. Its failure is due to the inability of its officers to realize on its assets.
First National Bank, Helena, Mont.
Washington, Sept. 4.-Acting Comptroller Comfin was today advised of the failure of the First National bank of Helena, Mont. This bank is one of the largest in the west, Ex-Governor Hauser being its president. The liabilities are stated at $3,458,000, as follows: Capital $800,000, surplus and profits $208,000, due other banks $395,000, bills payable $125,000, individual deposits $2,930,000. Bank Examiner Flynn has been placed in charge of the bank. Its failure is due to the inability of its officers to realize on its assets.
What sub-type of article is it?
Banking
Economic
What keywords are associated?
Bank Failure
Helena Mont
First National Bank
Liabilities
Bank Examiner
What entities or persons were involved?
First National Bank
Ex Governor Hauser
Acting Comptroller Comfin
Bank Examiner Flynn
Where did it happen?
Helena, Mont.
Commercial Details
Location
Helena, Mont.
Event Date
Sept. 4
Key Figures
First National Bank
Ex Governor Hauser
Acting Comptroller Comfin
Bank Examiner Flynn
Notable Details
Liabilities $3,458,000
Capital $800,000
Surplus And Profits $208,000
Due Other Banks $395,000
Bills Payable $125,000
Individual Deposits $2,930,000
Failure Due To Inability Of Officers To Realize On Assets