Ilion National Bank (Ilion, NY)

Episode Information

Episode UID
167001298
Episode Type
Run Only
Bank Type
national
Bank ID
16700 national
Charter Number
1670
Start Date
February 1, 1908
Location
Ilion, New York (43.015, -75.035)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
a7ff6532be7d6c7e

Response Measures

Accommodated withdrawals, Partial suspension

Description

Article appears to be a syndicated fictional story recounting a run; additional sources could confirm if this was a real historical run.

Events (2)

1. May 1, 1867 Chartered
Source
historical_nic
2. February 1, 1908 Run
Cause Details
Article describes general heavy withdrawals and a 'hysterical mob' without attributing to a specific rumor, correspondent failure, or bank insolvency.
Measures
Paid depositors slowly; controlled entry and side exit to avoid confusion.
Newspaper Excerpt
There was a run on the Ilion National bank, and depositors were standing in line hour after hour waiting their turn to withdraw their money.
Source
newspapers

Newspaper Articles (2)

Article from Waterbury Evening Democrat, February 1, 1908

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Article Text

There was a run on the Ilion National bank, and depositors were standing in line hour after hour waiting their turn to withdraw their money. Paying tellers worked with deliberation that was maddening. Some days only half a dozen people would be paid off, but still the line increased. hoping against hope. For two days and nights the figure of a young girl had been noticed. She was slowly working her way to the front. At 2:45 p. m. on the third day she was admitted to the bank and withdrew her entire account. To avoid confusion depositors were admitted at one door and passed out through a side entrance, and as she emerged from the latter she cast a hurried glance about her. She gave a sigh of relief when she saw that she was quite alone and apparently unnoticed. Then suddenly a tall man appeared in the doorway behind her. Lillian Burkhart trembled as she clutched the roll of bills, her teeth chattered, the color faded from her cheeks, and she was conscious that her hands trembled visibly. The man looked at her sharply. stepped forward and asked if he could be of service to her. "You seem to be in trouble. Can 1 do anything for you?" he asked, with some concern. "You can go away," she managed to answer. The man calmly proceeded to button his heavy ulster, slipped his hand in the pocket thereof and pulled out a heavy pair of gloves, which he drew on slowly. His tall, broad shoulders were surmounted by a handsome clear cut face; his whole appearance was faultless. He glanced concernedly at Lillian, whose color had not yet returned and who seemed to tremble from head to foot. "Really, I feel that I must call for assistance. Will you have a cab or a doctor? It would be nothing short of brutal to leave you here shivering like that. Are you ill or simply cold? I Insist upon knowing." Lillian was forced to look at him again, and it seemed to give her courage to speak. "Were you ever hungry?" she murmured as she took a firmer hold on the bills. "Yes, indeed," said her companion. "But never with that amount of money in my grasp." Lillian started with a sudden jerk at the mention of her money and dropped the entire roll of bills. He stooped to pick it up, and after one wild shriek she called distractedly: "Stop thief! Stop, I say!" The crowd was massed in front of the bank, and the cry seemed to have passed unnoticed. The man picked up the bills despite her exclamation and handed them to her. Lillian laughed a sickly little gurgle, saying: "Perhaps you're not a thief after all -are you?" "No, I'm not! Are you?" suggested the man. "I am merely one of the many depositors trying to get a few dollars. But you were more fortunate than I. When I reached the window the cashier pulled it down, saying it was 3 o'clock and too late to draw. Better put that wad out of sight and 1 not tempt the hysterical mob outside," he added. 1 "That's what I wanted to do, but you won't go away and let me. A wo1 man doesn't have pockets all over her clothes like a man. And, oh, I wish you would go, for I'm so hungry and ] want to get home! I've stood in that line for nearly three days to get mon1 ey for the landlord. My, but I hate that man!" she expostulated, with a shrug of her pretty shoulders. I "Well, I'll be on my way, and be W sure you tuck it safely away in its hid-


Article from The Lafayette Advertiser, February 14, 1908

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Article Text

# Wolf or Sheep? By J. LUDLUM LEE. Copyright, 1907, by C. H. Sutcliffe. There was a run on the Ilion National bank, and depositors were standing in line hour after hour waiting their turn to withdraw their money. Paying tellers worked with deliberation that was maddening. Some days only half a dozen people would be paid off, but still the line increased, hoping against hope. For two days and nights the figure of a young girl had been noticed. She was slowly working her way to the front. At 2:45 p. m. on the third day she was admitted to the bank and withdrew her entire account. To avoid confusion depositors were admitted at one door and passed out through a side entrance, and as she emerged from the latter she cast a hurried glance about her. She gave a sigh of relief when she saw that she was quite alone and apparently unnoticed. Then suddenly a tall man appeared in the doorway behind her. Lillian Burkhart trembled as she clutched the roll of bills, her teeth chattered, the color faded from her cheeks, and she was conscious that her hands trembled visibly. The man looked at her sharply, stepped forward and asked if he could be of service to her. "You seem to be in trouble. Can I do anything for you?" he asked, with some concern. "You can go away," she managed to answer. The man calmly proceeded to button his heavy ulster, slipped his hand in the pocket thereof and pulled out a heavy pair of gloves, which he drew on slowly. His tall, broad shoulders were surmounted by a handsome clear cut face; his whole appearance was faultless. He glanced concernedly at Lillian, whose color had not yet returned and who seemed to tremble from head to foot. "Really, I feel that I must call for assistance. Will you have a cab or a doctor? It would be nothing short of brutal to leave you here shivering like that. Are you ill or simply cold?! Insist upon knowing." Lillian was forced to look at him again, and it seemed to give her courage to speak. "Were you ever hungry?" she murmured as she took a firmer hold on the bills. "Yes, indeed," said her companion. "But never with that amount of money in my grasp." Lillian started with a sudden jerk at the mention of her money and dropped the entire roll of bills. He stooped to pick it up, and after one wild shriek she called distractedly: "Stop thief! Stop, I say!" The crowd was massed in front of the bank, and the cry seemed to have passed unnoticed. The man picked up the bills despite her exclamation and handed them to her. Lillian laughed a sickly little gurgle, saying: "Perhaps you're not a thief after all - are you?" "No, I'm not! Are you?" suggested the man. "I am merely one of the many depositors trying to get a few dollars. But you were more fortunate than 1. When I reached the window the cashier pulled it down, saying it was 3 o'clock and too late to draw. Better put that wad out of sight and not tempt the hysterical mob outside," he added. "That's what I wanted to do, but you won't go away and let me. A woman doesn't have pockets all over her clothes like a man. And, oh, I wish you would go, for I'm so hungry and want to get home! I've stood in that line for nearly three days to get money for the landlord. My, but I hate that man!" she expostulated, with a shrug of her pretty shoulders. "Well. I'll be on my way, and be sure you tuck it safely away in its hiding place. I'll promise not to look back." He laughed and turned on down the street. Lillian hurriedly slipped the bills in the bosom of her gown and nervously started in the opposite direction toward her little home. Her mother met her at the door, and after some hot luncheon the girl was equal to relating her troubles. "But, mother, we have the money and that old Shylock can be paid. I'i take it around to him myself in the morning and just tell him what I think of him," said Lillian, with some satisfaction and a threatening intonation of her voice. The next morning about 10 o'clock she started for the landlord's office and as she passed the long line waiting at the bank she thought how fortunate she had been. "Extras" were out saying that no more depositors would be paid. Arriving at the offices of Payne & Payne on Main street, she entered the snug little reception room and asked for Mr. Payne.