Commercial National Bank

Episode Information

Episode UID: 342201181
Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 34220 national
Charter Number: 3422
Start Date: May 23, 1898
Location: Portland, Oregon (45.523, -122.676)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 6f3c4b23e282acd6

Response Measures

None

Events (3)

1. December 19, 1885 Chartered

Source: historical_nic

2. May 13, 1898 Voluntary Liquidation

Source: historical_nic

3. May 23, 1898 Suspension

Cause: Voluntary Liquidation
Cause Details: Listed in Comptroller bulletin as entering voluntary liquidation per May 23, 1898
Newspaper Excerpt: Voluntary Liquidation.-The Commercial National bank of Portland, Oregon.
Source: newspapers

Newspaper Articles (1)

1. June 1, 1898 The Herald Los Angeles, CA

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Article Text

National Bank Changes The latest bulletin of the comptroller of the currency, dated May 23. 1898, gives the following, among other changes: National Bank Organized.-The Washington National bank, Washington, New Jersey (capital $50,000); W. B. Titman, president; R. M. Eilenberger, cashier. Voluntary Liquidation.-The Commercial National bank of Portland, Oregon. Insolvent.-The Fidelity National bank of Cincinnati, Ohio; J. F. Aldrich appointed receiver, in place of D. Armstrong, to take effect May 19, 1898.

Episode Information

Metadata

Response Measures

Events (3)

Newspaper Articles (1)

Article Text

Bank runs are almost always and everywhere a deterioration of bank fundamentals.

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