5072. First National Bank (Mount Carroll, IL)

View Charter #409 on SPMC

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
409
Charter Number
409
Start Date
June 30, 1920
Location
Mount Carroll, Illinois (42.095, -89.978)

Metadata

Model
gpt-5-mini
Short Digest
038da405

Response Measures

None

Description

Newspaper notices state The First National Bank of Mount Carroll ... is closing its affairs with date June 30, 1920 — indicates voluntary winding up/closure rather than a run or regulatory suspension. No mention of a run, suspension for liquidity, or receiver in the text; classified as permanent closure tied to voluntary liquidation.

Events (3)
1. May 2, 1864 Chartered
Source
historical_nic
2. June 29, 1920 Voluntary Liquidation
Source
historical_nic
3. June 30, 1920 Suspension
Cause
Voluntary Liquidation
Cause Details
Notice that the bank is closing its affairs and requests note holders and creditors to present claims; indicates voluntary winding up/closure rather than failure from a run or government seizure.
Newspaper Excerpt
THE FIRST NATIONAL BANK OF Mount Carroll, located at Mount Carroll, in the State of Illinois, is closing its affairs. All note holders and other creditors of the Association are therefore hereby notified to present the notes and other claims for payment. WM. H. WILDEY, President. Dated June 30, 1920.
Source
newspapers

Newspaper Articles (3)
1. August 20, 1920 New-York Tribune New York, NY
Article from New-York Tribune, August 20, 1920

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Article Text

REPUBLIC OF NICARAGUA STERLING LOAN OF 1909 The Council of Foreign Bondholders give notice that they will be prepared to pay off at par on and after the 15th of September the whole of the Funding Certificates (including Fractional Certificates) outstanding with interest at 6 per cent. per annum (less Income tax) to the 15th of September, after which date interest will cease to run. Certificates from abroad must be presented for payment through a London Agent. Lists can be obtained on application, JAMES P. COOPER Secretary. 17, Moorgate Street, London, E. C. 2. 20th August, 1920. THE FIRST NATIONAL BANK OF Mount Carroll, located at Mount Carroll, in the State of Illinois, is closing its atfairs. All note holders and other creditors of the Association are therefore hereby no. difled to present the notes and other claims for payment WM. H. WILDEY, President. Dated June 30. 1920.

2. August 24, 1920 New-York Tribune New York, NY
Article from New-York Tribune, August 24, 1920

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Article Text

REPUBLIC OF NICARAGUA STERLING LOAN OF 1909 The Council of Foreign Bondholders give notice that they will be prepared to pay off at par on and after the 15th of September the whole of the Funding Certificates (including Fractional Certificates) outstanding with interest at 6 per cent. per annum (less income tax) to the 15th of September, after which date Interest will cease to run. Certificates from abroad must be presented for payment through a London Agent. Lists can be obtained on application. JAMES P. COOPER, Secretary. 17, Moorgate Street, London, E. C. 2. 30th August, 1920. THE FIRST NATIONAL BANK OF Mount Carroll, located at Mount Carroll, in the State of Illinois, is closing its af. fairs. All note holders and other creditors of the Association are therefore hereby nodiffed to present the notes and other claims for payment. WM. H. WILDEY, President. Dated June 30, 1920.

3. August 27, 1920 New-York Tribune New York, NY
Article from New-York Tribune, August 27, 1920

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Article Text

FINANCIAL REPUBLIC OF NICARAGUA STERLING LOAN OF 1909 The Council of Foreign Bondholders give notice that they will be prepared to pay off at par on and after the 1th of September the whole of the Funding Certificates (including Fractional Certificates) outstanding with interest at 6 per cent. per annum (less income tax) to the 5th of September, after which date interest will cease to run. Certificates from abroad must be presented for payment through a London Agent. Lists can be obtained on application. JAMES P. COOPER, Secretary. 17. Moorgate Street, London, E. C. 2. 20th August, 920. THE FIRST NATIONAL BANK o Mount Carroll, located at Mount Carroll, in the State of Illinois, is closing its affairs. All note holders and other creditors of the Association are therefore hereby no. cified to present the notes and oth aims for payment WM. H. WILDEY, President Dated June 30. 1920.