Gold Hill Bank - Gold Hill, OR

Episode Information

Episode UID: 96017871491
Episode Type: Suspension → Reopening
Bank Type: state
Bank ID: 9601787 routing
Routing Number: 96-0178
Start Date: March 21, 1924
Location: Gold Hill, Oregon (42.432, -123.051)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 51c8955f75e0ac43

Response Measures

None

Description

Closed by the state banking department after a discovered $10,000 shortage allegedly admitted by the cashier.

Events (2)

1. March 21, 1924 Suspension

Cause: Government Action
Cause Details: Closed by the state banking department after discovery of a $10,000 shortage allegedly admitted by cashier Theodore A. Bell.
Newspaper Excerpt: doors were closed a week ago by the state banking department, upon discovery of a $10,000 shortage
Source: newspapers

2. * Reopening

Newspaper Excerpt: an effort will be made to reorganize the bank, as soon as the audit now under way is completed. This is expected to be the first of the week. The first step ... calling of a meeting of the depositors, and have them agree not to withdraw their accounts, with a run on the bank. According to reports they have agreed not to do this.
Source: newspapers

Newspaper Articles (1)

1. March 28, 1924 Medford Mail Tribune Medford, OR

Article from Medford Mail Tribune, March 28, 1924

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Article Text

EXPECT TO REOPEN GOLD HILL BANK According to Martin S. Johnson, president of the Gold Hill bank, whose doors were closed a week ago by the state banking department, upon discovery of a $10,000 shortage, alleged to have been admitted by Theodore A. Bell, cashier, an effort will be made to reorganize the bank, as soon as the audit now under way is completed. This is expected to be the first of the week. The first step in the reorganization will be the calling of a meeting of the depositors, and have them agree not to withdraw their accounts, with a run on the bank. According to reports they have agreed not to do this.