gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
e13c92ed0b604d00
Response Measures
None
Description
Attorney-general's department applied for a receiver; articles state alleged insolvency.
Events (1)
1.May 2, 1906Receivership
Newspaper Excerpt
application was made in the Dauphin County Court by the attorney-general's department at Harrisburg for a receiver for the Monongahela Valley Bank, of Duquesne
Source
newspapers
Newspaper Articles (10)
1.May 3, 1906The Times DispatchRichmond, VA
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Article Text
ONE BANK IS CLOSED, RECEIVER FOR ANOTHER McQuade, Who Recently Made Assignment, an Officer of Both Institutions. (By Associated Press.) PITTSBURG, PA., May 2.-National Bank Examiner Cunnlugham to-day closed the Delmont National Bank, of Delmont, Westmoreland county, Pa., and application was made in the Dauphin County Court by the attorney-general's department at Harrisburg for a receiver for the Monongahela Valley Bank, of Duquesne, James McQuade, an attorney of this city, who recently made an assignment of an amusement enterprise, was president of the Delmont and vico-president of the Monongahela Valley Bank. He is absent from the city. The Delmont Bank has a capital stock of $25,000 and deposits of about $75,000. The Monongahela Valley Bank had a capital stock of $50,000.
Two Banks Go Under. PITTSBURG. May 3.-National Bank Examiner Cunningham closed the Delmont National bank of Delmont, Westmoreland county, Pa., and application was made in the Dauphin county court by the attorney general's department at Harrisburg for a receiver for the Monongahela Valley bank of Duquesne.
Two Banks Go Under. PITTSBURG. May 3.-National Bank Examiner Cunningham closed the Delmont National bank of Delmont, Westmoreland county. Pa., and application was made in the Dauphin county court by the attorney general's department at Harrisburg for a receiver for the Monongahela Valley bank of Duquesne.
4.May 3, 1906The Birmingham Age-HeraldBirmingham, AL
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Article Text
tion was made in the Dauphin county court by the attorney general's department at Harrisburg for a receiver of the Monongahela Valley bank of Duquesne. James McQuade, an attorney of this city, who recently made an assignment of an amusement enterprise, was president of the Delmont and vice president of the Monongahela Valley bank. He is absent from the city,
BANK CLOSED Receiver Appointed for the Delmont National Bank. of Delmont, W. Va. Pittsburg, Pa., May 2.-National Bank Examiner Cunningham today closed the Delmont National Bank, of Delmont, Westmoreland county, Pennsylvania, and application was made in the Dauphin county court by the attorney general's department at Harrisburg for a receiver of the Monongahela Valley Bank of Duquesne. James McQuade, an attorney of this city. who recently made an assignment of an amusement enterprise, was president of the Delmont and vice president of the Monongahela Valley Bank. He is absent from the city. The Delmont bank has a capital stock of $25,000 and deposits of about $75,000. The Monongahela Valley Bank had a capital stock of $50,000
6.May 4, 1906Iowa State BystanderDes Moines, IA
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Article Text
TWO BANKS HAVE TROUBLE National and State Institutions, Controlled by Pittsburg Man Are Closed. Pittsburg, Pa.-National Bank Examiner John B. Cunningham Wednesday closed the Delmont National bank at Delmont, Pa., of which James McQuaide, of this city, is president, and almost at the same time the attorney general's department at Harrisburg made application to the Dauphin county court for a receiver for the Monongahela Valey bank of Duquesne, which is alleged to be insolvent. Mr. McQuaide is vice president of the Monongahela bank and also has been conducting a chain of amusement enterprises about the country, which consists mainly of merry-go-rounds.
7.May 9, 1906The Columbus JournalColumbus, NE
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Article Text
TWO BANKS HAVE TROUBLE National and State Institutions, Controlled by Pittsburg Man Are Closed. Pittsburg, Pa.-National Bank Examiner John B. Cunningham Wednesday closed the Delmont National bank at Delmont, aa,, of which James McQuaide, of this city, is president, and almost at the same time the attorney general's department at Harrisburg made application to the Dauphin county court for a receiver for the Monongahela Val.ey bank of Duquesne, which is alleged to be insolvent. Mr. McQuaide is vice president of the Monongahela bank and also has been conducting a chain of amusement enterprises about the country, which consists mainly of merry-go-rounds.
8.May 9, 1906The Fulton County NewsMcConnellsburg, PA
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Article Text
Delmont National Bank Closed. At the instance of the comptroller of the currency National Bank Examiner John B. Cunningham on last Wednesday, closed the Delmont National Bank at Delmont, Westmoreland county, Pa., of which James McQuaide, of Pittsburg, is president, and almost at the same time the attorney general's departmentat Harrisburg made application to the Dauphin county court for the appointment of a receiver for the Monongahela Valley Bank, of Duquesne, which is alleged to be insolvent.
9.May 10, 1906Custer County RepublicanBroken Bow, NE
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Article Text
TWO BANKS HAVE TROUBLE National and State Institutions, Controlled by Pittsburg Man Are Closed. Pittsburg, Pa.-National Bank Examiner John B. Cunningham Wednesday closed the Delmont National bank at Delmont, Pa., of which James McQuaide, of this city, is president, and almost at the same time the attorney general's department at Harrisburg made application to the Dauphin county court for a receiver for the Monongahela Valey bank of Duquesne, which is alleged to be insolvent. Mr. McQuaide is vice president of the Monongahela bank and also has been conducting a chain of amusement enterprises about the country, which consists mainly of merry-go-rounds.
10.May 19, 1906The Diamond DrillCrystal Falls, MI
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Article Text
Two Banks in Trouble. Pittsburg, Pa.-National Bank Examiner John B. Cunningham Wednesday closed the Delmont National bank at Delmont, Pa., of which James McQuaide, of this city, is president, and almost at the same time the attorney general's department at Harrisburg made application to the Dauphin county court for a receiver for the Monongahela Valey bank of Duquesne, which is alleged to be Insolvent. Mr. McQuaide is vice president of the Monongahela bank and also has been conducting a chain of amusement enterprises about the country, which consists mainly of merry-go-rounds.
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.
