Farmers & Drovers Bank (Waynesburg, PA)

Episode Information

Episode UID
5911512791323
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
591151279 hash
Start Date
March 6, 1910
Location
Waynesburg, Pennsylvania (39.896, -80.179)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
9be3e5b5580fb3bd

Response Measures

None

Description

Articles state the bank was closed by government and a receiver appointed after disappearance of funds.

Events (3)

1. March 6, 1910 Other
Newspaper Excerpt
James B. F. Rinehart, once millionaire banker of Waynesburg, Pa., now serving a 15-year sentence in the Western penitentiary for wrecking the Farmers' and Drovers' Bank and engineering the disappearance of $1,200,000
Source
newspapers
2. March 6, 1910 Receivership
Newspaper Excerpt
civil action begun by his attorneys against the receiver of the bank; ... closed by the government, dropped a bomb under the United States authorities in a civil action begun by his attorneys against the receiver of the bank.
Source
newspapers
3. March 6, 1910 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Wrecking of the bank and disappearance of $1,200,000 attributed to its banker James B. F. Rinehart
Newspaper Excerpt
before the doors of the institution were closed by the government
Source
newspapers

Newspaper Articles (3)

Article from The Guthrie Daily Leader, March 7, 1910

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Article Text

# HE WANTS HIS PROPERTY BACK Imprisoned Pennsylvania Banker Brings Suit Against the Receiver to Recover. Pittsburg, Pa., Mar. 6.-James B. F. Rinehart, once millionaire banker of Waynesburg, Pa., now serving a 15-year sentence in the Western penitentiary for wrecking the Farmers' and Drovers' Bank and engineering the disappearance of $1,200,000 before the doors of the institution were closed by the government, dropped a bomb under the United States authorities in a civil action begun by his attorneys against the receiver of the bank. Rinehart claims that a deed assigning his property to the bank was signed under threats made by John Cunningham, formerly a United States bank examiner.


Article from Abilene Weekly Reflector, March 10, 1910

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Article Text

BANK WRECKER SUES RECIEVER James Rinehart, Serving 15 Years in Prison Wants His Property Back He Deeded Away. Pittsburg, Pa., Mar. 5.-James B. F. Rinehart, once millionaire banker of Waynesburg, Pa., now serving a 15. year sentence in the Western penitentiary for wrecking the Farmers' and Drovers' Bank and engineering the disappearance of $1,200,000 before the doors of the institution were closed by the government, dropped a bomb under the United States authorities in a civil action begun by his attorneys against the receiver of the bank. Rinehart claims that a deed assigning his property to the bank was signed under threats made by John Cunningham, formerly a United States bank examiner.


Article from The Mena Weekly Star, March 10, 1910

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Article Text

HE WANTS HIS PROPERTY BACK Imprisoned Pennsylvania Banker Brings Suit Against the Receiver to Recover. Pittsburg, Pa., Mar. 6.-James B. F. Rinehart, once millionaire banker of Waynesburg, Pa., now serving a 15. year sentence in the Western penitentiary for wrecking the Farmers' and Drovers' Bank and engineering the disappearance of $1,200,000 before the doors of the institution were closed by the government, dropped a bomb under the United States authorities in a civil action begun by his attorneys against the receiver of the bank. Rinehart claims that a deed assigning his property to the bank was signed under threats made by John Canningham, formerly a United States bank examiner.