Article Text
A Bank Suspended. CINCINNATI, Aug. 23.-The First National Bank of Franklin, O., has suspended.
First National Bank (Franklin, OH)
Episode Information
- Episode UID
73801148- Episode Type
- Suspension β Reopening
- Bank Type
- national
- Bank ID
-
7380national - Charter Number
- 738
- Start Date
- August 23, 1895
- Location
- Franklin, Ohio (39.555, -84.296)
Metadata
- Model
- gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
- Short Digest
a018ea1513b831f0
Response Measures
None
Receivership Details
- Depositor recovery rate
- 80.0%
- Date receivership started
- 1897-02-17
- Date receivership terminated
- 1906-10-01
- OCC cause of failure
- Losses
- Share of assets assessed as good
- 18.7%
- Share of assets assessed as doubtful
- 77.3%
- Share of assets assessed as worthless
- 3.9%
Description
Comptroller telegraphed an examiner to assume charge of the failed bank on suspension.
Events (6)
1.
January 23, 1865
Chartered
- Source
- historical_nic
2.
August 23, 1895
Receivership
- Newspaper Excerpt
- Comptroller Eckels ... telegraphed Bank Examiner Betts to assume charge of the failed bank.
- Source
- newspapers
3.
August 23, 1895
Suspension
- Cause Details
- No cause assigned in reports; bank closed and comptroller notified.
- Newspaper Excerpt
- The First National Bank of Franklin, O., has suspended.
- Source
- newspapers
4.
August 24, 1895
Other
- Newspaper Excerpt
- The community was astonished to find that the doors of the First National bank did not open.
- Source
- newspapers
5.
October 12, 1895
Reopening
- Newspaper Excerpt
- The First National Bank, of Franklin, O., which suspended payment August 23, 1895 ... has to-day been permitted to reopen its doors for business.
- Source
- newspapers
6.
February 17, 1897
Receivership
- Source
- historical_nic
Newspaper Articles (17)
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Article Text
Ohio Bank Failure. CINCINNATI, O., Aug. 23.--The First National bank of Franklin, Ohio, has suspended.
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OHIO BANK FAILS. First National, of Franklin, Closes Its Doors. Comptroller Eckels was to-day informed that the First National Bank of Franklin, Warren county, Ohio. had closed its doors. He immediately telegraphed Bank Examiner Betts to assume charge of the failed bank. At the date of the last report, July 11, the bank had $224,000 in loans and discounts and owed individual depositors $169,000. No cause is assigned for the failure
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Bank Failure. WASHINGTON, Aug. 23.-Comptroller Eckels was informed to-day that the First National Bank of Franklin, Warren County, Ohio, had closed its doors. He telegraphed to Bank Examiner Betts to assume charge of the failed bank. At the date of the last report, July 11th, the bank had $224,000 in loans and discounts and owed individual depositors $169,000. No cause is assigned for the failure.
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First National Bank of Franklin, Warren County, Ohio, had closed its doors. He telegraphed Bank Examiner Betts to assume charge of the failed bank. At the date of the last report, July 11, the bank had $224,000 in loans and discounts, and owed individual depositors $169,000. No cause is assigned for the failure.
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Bank Surprises a Community. FRANKLIN, O., Aug. 24-The community was astonished to find that the doors of the First National bank did not open. It afterward developed that Comptroller Eckels had been advised of the suspension. It is the general impression that depositors will be paid in full, as the assets are largely in excess of liabilities.
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National Bank in Ohio Fails. WASHINGTON, Aug. 24.-Comptroller Eckels was informed Friday that the First national bank of Franklin, Warren county, O., had closed its doors. He telegraphed to Bank Examiner Betts to assume charge of the failed bank. At the date of the last report, July 11, the bank had $224,000 in loans and discounts, and owed individual depositors $169,000. No cause is assigned for the failure.
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Bank Failure. Cincinnati, Aug. 25.-The First National Bank of Franklin, Ohio, has suspended.
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The First National bank of Franklin, Ohio, has suspended.
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Article Text
Bank Surprises a Community. FRANKLIN, O., Aug. 24.-The community was astonished to find that the doors of the First National bank did not open. It afterward developed that Comptroller Eckels had been advised of the suspension. It is the general impression that depositors will be paid in full, as the assets are largely in excess of liabilities.
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Bank surprises n Community. FRANKLIN, O., Aug. 24.-The community was astonished to find that the doors of the First National bank did not open. It afterward developed that Comptroller Eckels had been advised of the suspension. It is the general impression that depositors will be paid in full, as the assets are largely in excess of liabilities.
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Article Text
Bank Surprises a Community. FRANKLIN, O., Aug. 24.-The community was astonished to find that the doors of the First National bank did not open. It afterward developed that Comptroller Eckels had been advised of the suspension. It is the general impression that depositors will be paid in full, as the assets are largely in excess of liabilities.
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Several bank failures are reported in the West, among them the First National, Franklin, Ohio, capital $100,000; Commerclal bank, Milwaukee, capital 834,600, voluntary Rquidation: Bowling Green bank, Bowling Green, Mo., capital $25,000; Bank of Dawn, Mo., Habilities $36,000; Dan. Head & Co., private bankers, Kenosha, Wis., capital $100,000. The Farmers and Mechanics' Insurance company, Alexandria. Va., has been placed in the hands of a receiver. Spelman Bros., fancy Goods, New York, have assigned. liabilities $250,000, and receiver applied for Hughes Steam Pump company, Cleveland, Ohio.
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Bank Allowed to Reopen. The First National Bank, of Franklin, O., which suspended payment August 23, 1895, having complied with all of the conditions imposed by the comptroller of the currency. precedent to its resumption, and its capital stock being now unimpaired, has to-day been permitted to reopen its doors for business.
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Bank Resumes Business. WASHINGTON, Oct. 12.-The First naif tional bank of Franklin, O., which suspended payme nt August 23, 1895, having complied " ith all of the conditions imposed by the com otroller of the currency, precedent to its resumption, and its capital stock being now unimpΔired, Saturday was permitted to reopen its doors for business.
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Bank Resumes Business. WASHINGTON, Oct. 14.-The First national bank of Franklin, O., which suspended payment August 23, 1895, having complied with all of the conditions imposed by the comptroller of the currency, precedent to its resumption, and its capital stock being now unimpaired, Saturday was permitted to reopen its doors for business.
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IN GENERAL John Monosmith shot and gilled Miss Gertrude Lally, 18 years old, in Eaton, O., Saturday night. He was jealous. The Temple Opera House in Duluth, Minn., was destroyed by fire early on Sunday morning. The loss is placed at 890,000. In a fight with pistols in New Orleans on Saturday, Tony Lavia was killed and Dennis Corcoran severely wounded. J. J. Mosely, a liquor constable, was shot and killed at Greenwood, S. C., early Sunday morning. He had just seized come liquor that had arrived on a train. Crzscenzo Morello was arrested in Boston Sunday by a detective from Scranton, Pa., on a warrant charging him with the murder of Emanuel Lore in Lackawanna, June 17th, 1894. W. McInnis of the Canadian geological survey, has returned to Ottawa from the Rainy river district. says the gold belt extends over 400 miles, and that hundreds of claims have been taken up. Frederick Valkman, James Heuster, William Reynolds and Harry Steiner were drowned on Sunday. A boat in which they were crossing the eastern branch of the Patapsco river at Balti. more was capsized. The Massachusetts Reform Club gave a banquet in Boston on Saturday night, at which the principal address was made by Secretary Carlisle. He laid especial stress upon the necessity of retiring the demand notes. William Mack and Henry Convery, attendants at the State Hospital at Morris Plains, N. J., were arrested on Saturday for beating to death Nicholas Dolfus, an insane patient at the hospital. Both men were drunk. The jury in the case of Frank W. Harris, a professional base-ball player, tried for the murder of Charles Bengle, whom he shot last May, returned a verdict, at Freeport, Ill., Saturday, of guilty, and fixed the death penalty. The First National Bank of Franklin, O., which suspended payment August 23d, 1895, has complied with all of the conditions imposed by the comptroller of the currency precedent to its resumption, and was permitted to reopen its doors for business on Saturday. Franklin L. Pope, aged 65, of Great Barrington, Mass., was instantly killed in the cellar of his home at that place Sunday night by receiving an electrial shock of 3,000 volts. He was president of the local electric company, and a nowerful convertor had been placed in his cellar. Passengers who arrived from Havana Saturday at Key West, Fla., report that Chief of Police Trujillo has been arrested on the charge of defrauding the government. A conspiracy to loot the government is said to have been discovered, and $1,000,000 is said to have been stolen. Judge Josiah Coombs made a statement at a Republican meeting in Knott county, Ky., Fridav night, which displeased the audience, and a general fight with knives and pistols took place. When order was restored the judge and two Democrats were dead e and a dozen others were injured. Monday of next week will be Negro Day at the Atlanta Exposition. Dr. J. W. E. Bowen, professor of his-' torical theology at the Gammon School of Theology, in Atlanta, will be the orator of the day. It is said that his speech will be fully as memorable as the speech made by Prof. T. Booker Washington on the opening day. It is said that the negro race accepts and indorses every word spoken by Prof. Washington on that day.