gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
a9ed56d927a706f3
Response Measures
None
Description
Historic spelling 'Pittsburg' (no final 'h') present in sources; bank announced liquidation immediately.
Events (4)
1.November 26, 1887Suspension
Cause
Voluntary Liquidation
Cause Details
Bank closed and announced it would go into liquidation; stockholders individually liable.
Newspaper Excerpt
The American Bank ... closed its doors this morning and announced that it would go into liquidation.
Source
newspapers
2.February 15, 1889Receivership
Newspaper Excerpt
account of receiver presented and on motion of attorney for receiver said account is confirmed and James F. Robb, Esq., is appointed Auditor to distribute the funds.
Source
newspapers
3.July 31, 1889Other
Newspaper Excerpt
DIVIDENDS. Bank-The first dividend due to depositors of American Bank is now payable upon application ... Thos. H. Given, Receiver.
Source
newspapers
4.April 18, 1891Other
Newspaper Excerpt
The undersigned has filed his second account as receiver of the American Bank of Pittsburg, and the same will be allowed by the Court on the 18TH APRIL, 1891, unless cause be shown to the contrary. T. H. GIVEN, Receiver.
Source
newspapers
Newspaper Articles (20)
1.November 26, 1887Evening StarWashington, DC
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Article Text
A PITTSBURG BANK CLOSES, It will Probably Pay all Claims and there is no Excitement. PITTSBURG, Nov. 26.-The American Bank of this city, doing business in the old Penn Bank building, Wood street, closed its doors this morning and announced that it would go into liquidation. The capital stock is $200,000. It is said by those in a position to know that the bank will pay all claims against it. The stockholders are individually liable. The suspension caused no excitement in financial circles.
2.November 26, 1887Alexandria GazetteAlexandria, VA
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Article Text
Closing ofa Bank. PITTSBURG, Nov. 26.-The American Bank of this city, doing business in the old Penn Bank building, Wood street, closed its doors this morning and announced that it would go into liquidation. The capital stock is $200,000 It is said by those in a position to know that the bank will pay all claims against it. The stockholders are individually liable. The suspension caused no excitement in financial circles.
3.November 27, 1887New-York TribuneNew York, NY
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Article Text
A PITTSBURG BANK CLOSES ITS DOORS. PITTSBURG, Nov. 26.-The American Bank, of this city, doing business in the old Penn Bank building, closed its doors this morning and announced that it would go into liquidation. The capital stock is $200,000. It is said by those in a position to know that the bank will pay all claims against it. The stockholders are individually liable. The suspension caused no excitement in financial circles. It is understood that the deposits have been gradually decreasing for years until they aggregated less than $60,000. The liabilities are less than $100,000 and the assets largely in excess of that amount.
Suspension of a Bank By telegraph to the Ashaville Citizen.) PITTSBURG, Nov. 26.-The American Bank of this city, doing business in the old Pennsylvania Bank building. Wood street, closed its doors this morning and announced it would go into liquidation. The capital stock is $200,000. It is said by those in a position to know that the bank will pay all claims against it. Stock-holders are individually liable. The suspension of the bank caused no excitement in financial circles.
Pittsburg American Bank Suspends. PITTSBURG, November 26.-The American Bank of this city, doing business in the old Pennsylvania Bank building, Wood street, closed its doors this morning and and announced that it would go into liquidation. The capital stock is $200,000. It is said by those in a position to know that the bank will pay all claims against it. The stockholders are individually liable. The suspension caused no excitement in financial circles.
6.November 27, 1887St. Paul Daily GlobeSaint Paul, MN
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Article Text
A Bank Closed Up. PITTSBURG, Nov. 26.--The American bank, of this city, doing business in tne old Penn bank building, Wood street, closed its doors this morning and announced that it would go into liquidation. The capital stock is $200,000. It is said by those in a position to know that the bank wil! pay all claims against it. The stockholders are individually liable. The suspension caused no exeitement in financial circles.
A Pittsburg Bank Suspends, PITTSBURG, PA., Nov. 26.-The American Bank of this city doing business in the old Pennsylvania Bank building on Wood street, closed its doors this morning and announced that it would go into liquidation. The capital stock is $200,000. It is said by those in & position to know that the bank will pay all claims against it. The stockholders are individually liable. The suspension caused no excitement in financial circles. It is understood that the deposits have been gradually decreasing for years until they amounted to $80,000. The liabilities are less than $100,000, and assets largely in excess of that amount.
8.November 27, 1887Richmond DispatchRichmond, VA
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Article Text
Closed Doors. [By telegraph to the Dispatch.] PITTSBURGH, November 26.- - The American Bank, of this city, doing business in the old Pennsylvania-] Bank building, on Wood street, closed its doors this morning and announced that it would go into liquidation. The capital stock is $200,000. It is said by those in a position to know that the bank will pay all claims against it. The stockholders are individually liable. The suspension caused no excitement in financial circles.
9.November 28, 1887Wheeling RegisterWheeling, WV
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Article Text
Pittsburg American Bank Suspends. PITTSBURG, November 26.-The American Bank of this city, doing business in the old Pennsylvania Bank building, Wood street, closed its doors this morning and and announced that it would go into liquidation. The capital stock is $200,000. It is said by those in a position to know that the bank will pay all claims against it. The stockholders are individually liable. The suspension caused no excitement in financial circles.
10.November 30, 1887The Indiana State SentinelIndianapolis, IN
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Article Text
Gone into Liquidation, PITTSBURG, Pa., November 26.- - The American Bank. of this city, doing business in the old Penn Bank building, on Wood street, closed its doors this morning, and announced that,it would go into liquidation. The capital stock is $200,000. It is said by those in a position to know, that the bank will pay all claims against it. The stock holders are individually liable. The suspension caused no excitement in financial circles. 4 It is understood that the deposits have been gradually decreasing for years until they aggregated less than $80,000. The lise bilities are less than $100,000, and the assets largely in excess of that amount.
Bank Suspension. PITTSBURG, November 26.---The American bank, of this city, doing business in the old Penn bank building, Wood street, 1 losed its doors this morning, and announced that it would go into liquidation. The capital stock is $200,000 It is said by those in a position to know that the bank will pay ali claims against it. The stockholders are individually liable. The suspension caused no excitement in financial circles. It is understood that deposits have been gradually decreasing for years until they aggregated less than $80,000. The liabilities are less than $100,000, and the assets are largely in excess of that amount.
12.February 15, 1889Pittsburg DispatchPittsburgh, PA
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Article Text
MARSHALLS & IMBRIE, 117 Diamond st. of Common Pleas No. 1, No. 793 December T., 1887. In the matter of the American Bank, William Floyd vs Lewis Peterson et. al. January 12, 1889, account of receiver presented and on motion of attorney for receiver said account 18 confirmed and James F. Robb, Esq., is appointed Auditor to distribute the funds. BY THE COURT. From the Record. JOHN BRADLEY, [Seal.] Prothonotary. Notice is hereby given that I will attend to the duties of the above appointment at my office, No. 100 Diamond street, Pittsburg, Pa., on WEDNESDAY, February 27. 1889. at 3 o'clock P. M., when and where you may attend if you see proper. fel 55-F JAMES F. ROBB, Auditor.
13.July 31, 1889Pittsburg DispatchPittsburgh, PA
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Article Text
DIVIDENDS. Bank-The first dividend due deN CAN TO DEPOSITORS OF AMERIpositors in the American Bank is now payable unonlapplication at the office of Marshalls & Imbrie, No. 117 Diamond st., Pittsburg. THOS. H. GIVEN, Receiver. jy31-56 IVIDEND NO. 2-THE BOARD OF DIRECTORS of the Westinghouse Machine D Company have this day declared a dividend of THREE (3) PER CENTUM on the preferred and common capital stock of the company, payable on August 20, next, to stockholders of record this date. Transfer books will remain closed until the day succeeding that fixed for the payment of the dividend. Checks will be sent to stockholders through the mails. RALPH BAGALEY, Treasurer. PITTSBURG, PA., July 30. 1889. jy31-20
14.March 25, 1891Pittsburg DispatchPittsburgh, PA
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Notes From the Courts. A VERDICT for the plaintiff was given yesterday in the suit of Charles Maul against James C. Duncan et al to recover possession of a piece of land. A. C. SPINDLER was appointed commissioner yesterday to take testimony in the d1vorce proceedings of Charles B. Fredericks again-t Elizabeth Fredericks. THE second account of F. H. Given, receiver of the American Bank, was filed yesterday in the Common Pleas Court No. 1. It shows a balance for distribution of $12,291 25. The account is filed as part of the suit brought by William Floyd against L, Peterson, Jr., and others.
15.March 25, 1891Pittsburg DispatchPittsburgh, PA
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Article Text
LEGAL NOTICES. 1 of Allegheny county; No. 793, December IN THE COURT OF COMMON PLEAS NO. term, 1887. William Floyd V8 L. Peterson, Jr., et al. The undersigned has filed his second account as receiver of the American Bank of Pittsburg, and the same will be allowed by the Court on the 18TH APRIL, 1891, unless cause he shown to the contrary. T. H. GIVEN, mh25-47-w Receiver.
16.April 1, 1891Pittsburg DispatchPittsburgh, PA
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Article Text
# LEGAL NOTICES.
IN THE COURT OF COMMON PLEAS NO. 1 of Allegheny county; No. 793, December term, 1887. William Floyd vs L. Peterson, Jr., et al.
The undersigned has filed his second account as receiver of the American Bank of Pittsburg, and the same will be allowed by the Court on the 18TH APRIL, 1891, unless cause be shown to the contrary.
T. H. GIVEN,
Receiver.
mh25-47-w
17.April 8, 1891Pittsburg DispatchPittsburgh, PA
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W. MOORE, Attorney for Petitioner. ap1-70-w 1 of Allegheny county; No. 793, December IN THE COURT OF COMMON PLEAS NO. term, 1887. William Floyd VS L. Peterson, Jr., et al. The undersigned has filed his second account as receiver of the American Bank of Pittsburg, and the same will be allowed by the Court on the 18TH APRIL, 1891, unless cause be shown to T. H. GIVEN, the contrary. Receiver. mh25-47-w
18.July 28, 1891Pittsburg DispatchPittsburgh, PA
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IN THE COURT OF COMMON PLEAS NO. 1 of Allegheny county, No. 793, December term, 1887. William Floyd v. L. Peterson, Jr., etal. The undersigned has filed his third and final account as receiver of the American Bank of Pittsburg, and the saine will be allowed by the Court on 21st August, 1891, unless cause be shown to the contrary. T. H. GIVEN, Receiver. jy28-46-Tu TOTICE IS HEREBY GIVEN THAT LETN TERS of administration, C.T. A., on the estate of Dr. Josiah F. Roberts, late of the city of Pittsburg and county of Allegheny, have been granted to the undersigned. All persons indebted to said estate will make immediate payment, and those having claims or demands against the same will present them promptly. G.W. WILLIAMS
19.August 4, 1891Pittsburg DispatchPittsburgh, PA
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NOTICES Legal Notices. IN THE COURT OF COMMON PLEAS NO. 1 of Allegheny county, No. 793, December term, 1887. William Floyd V. L. Peterson, Jr., et al. The undersigned has filed his third and final account as receiver of the American Bank of Pittsburg, and the same will be allowed by the Court on 21st August. 1891, unless cause be shown to the contrary. T. H. GIVEN, Receiver. jy28-46-Tu ESTATE 15 PETER M'CLAREN, DECEASEDhereby given that letters of administration, on the Estate of Peter McClaren, deceased, have been granted to the undersigned, to whom all persons indebted to said estate are requested to make immediate payment. and those having claims or demands against the. same will make them known without delay. WILLIAM A. THOMPSON, Administrator. Address 927 Liberty street. Pittsburg. Jy21-33-Tu
20.August 11, 1891Pittsburg DispatchPittsburgh, PA
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Legal Notices. IN THE COURT OF COMMON PLEAS NO. 1 of Allegheny county, No. 793, December term, 1887. William Floyd v. L. Peterson, Jr., et al. The undersigned has filed his third and final account as receiver of the American Bank of Pittsburg, and the same will be allowed by the Court on 21st August, 1891. unless cause be shown to the contrary. T. H. GIVEN, Receiver. jy28-46-Tu PETER M'CLAREN, DECEASEDESTATE OF 18 hereby given that letters of administration, on the Estate of Peter McClaren, deceased, have been granted to the undersigned, to whom all persons indebted to said estate are requested to make immediate payment, and those having claims or demands against the same will make them known without delay. WILLIAM A. THOMPSON, Administrator. Address 927 Liberty street, Pittsburg. jy21-33-Tu
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.
