gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
d2388496916c0d88
Response Measures
None
Description
Sources state depositors will be paid in full and cite taxes/lack of business as cause, but no clear report of reopening or receivership; permanence unclear.
Events (3)
1.April 18, 1864Chartered
Source
historical_nic
2.January 14, 1879Voluntary Liquidation
Source
historical_nic
3.January 27, 1879Suspension
Cause
Voluntary Liquidation
Cause Details
Reported cause cited as high taxes and lack of business; suspension announced with depositors to be paid in full.
Newspaper Excerpt
The First National Bank of Granville, Ohio, has suspended. Depositors will be paid in full.
Source
newspapers
Newspaper Articles (10)
1.January 27, 1879Daily Press and DakotaianYankton, SD
Bank Failures. CINCINNATI, January 27. - The First National Bank, of Granville, Ohio, has suspended. Depositors will be paid in full. Holders of the bank's paper will be the losers. BOSTON, January 27.-It is stated that the Needham Savings Bank will be closed, owing to the lack of business.
3.January 27, 1879The Rock Island ArgusRock Island, IL
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Article Text
Two More Banks Suspended. BOSTON, Jan. 27.-It is stated that the Needham Savings bank has closed, owing to lack of business. CINCINNATI, Jan. 27.-The First National bank of Granville, Ohio, has suspended. The depositors will be paid in full, and the stock holders will be the only losers.
4.January 28, 1879Daily GlobeSaint Paul, MN
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Article Text
Breaking Banks. CINCINNATI, Jan. 27.-The First National bank, of Granville, Ohio, has suspended. Depositors will be paid in full. Holders of the bank's paper will be losers. BOSTON, Jan. 27.--It is stated that the Needham Savings bank closed, owing to a lack of business. OSWEGO, Jan. 27.-The National Marine bank will be closed besause of the high rate of taxation and low rate of interest.
5.January 28, 1879Gold Hill Daily NewsGold Hill, NV
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Article Text
Banks Closing. BOSTON, Jan. 28.-It is stated that the Weedham Savings Bank will be closed, owing to a lack of business. CINCINNATI, Jan. 28.-The First National Bank of Granville, Ohio, has suspended. Depositors will be paid in full, but the holders of the bank's paper will be losers. OSWEGO, N. Y., Jan. 28.-The National Marine Bank will be closed because of the high rate of taxation and low rate of interest.
6.January 28, 1879Daily Kennebec JournalAugusta, ME
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Article Text
ΠΎΠ½Ρ. Suspension. CINCINNATI, January 27. The First National Bank of Granville, Ohio, is suspended. Depositors will be paid in full.
CLOSED FOR WANT OF BUSINESS. Boston, January 27.-Itis said the Needham Savings Bank will be closed owing to a lack of business. BANK SUSPENSION. CINCINNATI, January 27.-The First National Bank of Grantville, Ohio, suspended. The depositors will be paid in fu.l. The losers. holders of the bank's paper will be the
8.January 30, 1879Fayette County HeraldWashington Court House, OH
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Article Text
THE first National Bank of Granville, in this State, has suspended payments. The depositors will get their money. Too much taxes to pay is said to be the cause.
9.February 4, 1879The Spirit of DemocracyWoodsfield, OH
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Article Text
Bank Embarrassments. O&WEGO, January 27 -The National Marine Bank is to be closed. CINCINNATI January 27.-The First National Bank of G:anville, Obio, has suspended. BOSTON, January 27 -It is said the Needham Savings Bank will be closed. Resumption don't appear 10 be benefitting banks very mueh.
10.February 5, 1879Union County CourierElk Point, SD
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Article Text
Business Troubles. A writ of attachment was issued against J L. Cassidy, wholesale crockery dealer, Montreal, on the 28th. Liabilities $300,000, chiefly secured by real estate. The National Marine bank of Oswego, N. Y., and the Needham Savings institution of Boston, Mass., have closed doors, owing to lack of business. The First National bank of Granville, Ohio, has suspended. Depositors will be paid, the loss falling on holders of the banks paper. The wholesale liquor house of Williams & Lawson, Cincinnati, was closed by the sheriff on the 25th, under an attachment by creditors. It is feared that a general commercial collapse is imminent in Sweden. Further failures are daily expected and thousands of persons have been thrown cut of employment.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.
