Article Text
TOLEDO BANK CLOSED. Toledo, O.. April 2-The doors of the Broadway Savings bank were closed today following a run. Deposits of the closed bank amount to $220,000.
Broadway Savings Bank (Toledo, OH)
Episode Information
- Episode UID
9773797191300- Episode Type
- Run → Suspension → Closure
- Bank Type
- savings
- Bank ID
-
977379719hash - Start Date
- April 2, 1908
- Location
- Toledo, Ohio (41.664, -83.555)
Metadata
- Model
- gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
- Short Digest
0f7b1fbf99c38f82
Response Measures
None
Description
Closure followed a run triggered by a large debtor's bankruptcy; articles report doors closed and deposits listed but no reopening mentioned.
Events (2)
1.
April 2, 1908
Run
- Cause
- Bank Specific Adverse Info
- Cause Details
- Run triggered by bankruptcy petition of A. L. Irish, a large debtor owing the bank (~$33,000 to larger exposures), causing depositor panic.
- Newspaper Excerpt
- The doors of the Broadway Savings bank were closed today because of a run made on it by excited depositors.
- Source
- newspapers
2.
April 2, 1908
Suspension
- Cause
- Bank Specific Adverse Info
- Cause Details
- Bank closed its doors after heavy withdrawals tied to the Irish bankruptcy; reports state deposits ~$200,000–$290,000 and assets said to cover liabilities.
- Newspaper Excerpt
- The doors of the Broadway Savings bank were closed today following a run.
- Source
- newspapers
Newspaper Articles (13)
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Article Text
Toledo Bank Closes. Toledo, Ohio, April 2-The doors of the Broadway Savings Bank were closed today because of a run made on it by excited depositors. The bank is a creditor of A. L. Irish. who filed a petition in bankruptcy for nearly half a million dollars. Deposits of . the closed bank amount to $220,000 and the assets of the institution will pay dollar for dollar.
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Bankrupt, Closes a Bank. Toledo, O., April 3.-The Broadway Savings bank, a small institution, closed its doors this morning. A run yesterday resu ted. in a $10,000 withdrawal. Yesterday's bankruptcy petition of 1. L. Irish, who owed the bank $33,000, is the direct cause.
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TELEGRAPHIC BRIEFS Toledo, April -The doors of the Broadway Savings bank were closed to-day because of a run on it by excited depositors. Rochester, N. Y., April 2. -James Alk enhead, delegate from Darre, broke the deadlock in the Orleans republican county convention to-day by voting for the delegates Instructed for Congressman Peter A. Porter, thus defeating the Wadsworth forces. San Diego, Cal. April --The baiHeships Connecticut which brought Ad. miral Evans to San Diego yesterday afternoon. and cleared again for Magdalena bay, was 240 miles south of San Diego at noon to-day. nd will rejoin the fleet to-mrrw afternoo. Seattle Wash. April 2. When the battleship fleet now at target practice at Magdalena bay arrives in Seattle the people will present the admiral with II key of Alaska virgin gold. to signify that the door of the city 14 wide open to the men of the warships. Plainfield N. J., April 3.-By a vote of 188 to 20 to-day the Newark conference of the Methodist Episcopal church refused to endorse the proposed amendment to the rules providing for the election of bishops commissioned to serve exclusively one race and one language.
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CONDENSED DISPATCHES. Control of the Provident Savings Life Assurance Society passed Thursday from the J. J. Coyle Syndicate of Philadelphia to the banking interests of New York City, which recently obtained most of the stock of the institution. The doors of the Broadway Savings Bank at Toledo were closed Thursday because of a run on it by excited depositors. The bank is a creditor of A. L. Irish, who filed a petition in bankruptcy for nearly half a million dollars. Deposits of the closed bank amount to $220.000 and the assets of the institution will pay dollar for dollar. The Salt Lake City Tribune Thursday says: When it is impanelled April 13, the United States grand jury will be asked by the directors of the Utah National Bank to investigate the theft in January of $106,250 from the reserve chest of that institution. This statement was made Wednesday by W. S. McCormick, president of the bank. King Frederick at Copenhagen Thursday received in audience Chancellor MacCracken of the New York University, who was presented by Dr. Maurice F. Egan, the American minister to Denmark. His Majesty charged Mr. MacCracken to convey his personal regards to President Roosevelt, and to tell the President how cordially he appreciated his labors in the interest of peace. During a high wind which prevailed early Thursday, blowing 60 miles an hour from the southwest. the ice went out of Burlington, Vt., harbor and the jam upset the lighthouse at the end of the Burlington breakwater. The lighthouse was a wooden structure supported by a crib of logs. Charles Chiott. the keeper of the light, went out Thursday and secured the valuable lamp. The minutes of the grand jury which inquired into Attorney General Jackson's connection with the receivership of the Hamilton Bank, will be submitted to Gov. Hughes and to the Legislature. This was decided Thursday by Judge Foster in the court of general sessions at New York. after hearing arguments on a presentment handed up by the grand jury which declared there was a conflict in the testimony and requested the court to send the minutes to Albany. The request was opposed by counsel for the attorney general, who contended that the action of the grand jury in making the presentment was gratuitous and absolutely without authority of law. In announcing his decision Judge Foster said that nothing evil appeared in the presentment. He said the filing of the presentment was in accordance with the custom of grand juries to file a document of this kind.
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Telegraph Brevities TOLEDO BANK CLOSES DOORS-Toledo, O., April 2.-The doors of the Broadway savings bank were closed today, following a run. Deposits of the bank amount to $220,000. THIRTEEN YEARS FOR BURGLARY-Nevada City, April 2.-Daniel Cregan was sentenced by Superior Judge Nilon today to serve 13 years in Folsom prison, having been convicted of burglary. NORTHERN PACIFIC DIVIDEND - New York, April 2.-A quarterly dividend of 1 per cent was declared today by the directors of the Northern Pacific railway company. This is unchanged from the last previous quarter. THREE PERISH IN FIRE-New York, April 2.-Three persons were killed. 15 were injured, some, of them seriously, and the lives of nearly a hundred persons were endangered by fire in a five story tenement house at 44 Hester street, early today. THOUSANDS WILL BE (DLE-Amsterdam, April 2.-The diamond workers' union, by a vote of 5,001 to 390, decided today on complete cessation of work during April. The decision will affect 10,000 men in the polishing and ailled trades. CAR WORKS SHUT DOWN-Chicago, April 2.-The Standard steel car company at Hammond, Ind.. closed down today. A few weeks ago 800 men were dropped from the payroll. The closing of the works today threw an additional 1.200 men out of employment. NEBRASKA PRAIRIE FIRE-Paxton, Neb., April 2-A prairle fire has been raging in the sand hills for two days. James Kane is known to have been burned to death, many houses were destroyed, hundreds of head of livestock were lost and thousands of acres of prairie burned. MUST REMAIN IN PRISON-St. Petersburg, April 2.-The government has refused the request of Mme. Tschaikovy, wife of Nicholas Tschaikovy, the Russian revolutionist, for permission to take her husband from the fortress of St. Peter and St. Paul to a hospital where he could receive proper treatment. BLOW OPEN BANK SAFE-Muskogee, Okla., April 2.-Robbers blew open the safe of the Bank of Mounds at Mounds. Okla., 50 miles west of here. early today. obtained $5,400 in currency and silver and escaped after exchanging many shots with citizens awakened by the explosion. Posses are in pursuit of the robbers, who are making toward Muskogee,
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TOLEDO BANK CLOSED. Toledo, O., April 2.-The doors of the Broadway Savings bank were closed today following a run. Deposits of the closed bank amounted to $220,000.
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TOLEDO BANK CLOSED TOLEDO, O., April 4.-The doors of the Broadway Savings bank were closed today. following a run. Deposits of the closed bank amount to $290,000.
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The News Domestic Mrs. Quincy Adams Shaw, of Boston, is to establish self-supporting settlement houses in her home city. Prof. Charles Zueblin, of the University of Chicago, will be in charge of the enterprise. Gov. Charles E. Hughes, of New York, and Ambassador James Bryce, of England, have accepted invitations to speak at the Founder's Day exercises at Carnegie Institute in Pittsburg. Ernesto Gussoni and Luigi Castel10, composing firm of Gussoni & Co., cotton brokers and exporters, were expelled from the New Orleans Cotton Exchange. Captain J. W. Isbister, of Chicago, master of the steamer Park Foster, was run down and killed by a New York Central engine in Buffalo. The doors of the Broadway SavIngs Bank, in Toledo, were closed because of a run on it by excited depositors. Rear Admiral Evans, accompanied by his son, Lieutenant Evans, arrived at Paso Robles, Hot Springs, Cal. The Standard Steel Car Company, at Hammond, Ind., closed, throwing 2,000 men out of employment. The Indiana Republican State Convention indorsed Vice President Fairbanks for the presidency. The battleships completed target practice at Magdalena Bay and the fleet sailed for California. The Baltimore and Ohio, Pennsylvania and Vanderbilt interests are deadlocked over control of the Little Kanawha Railroad, in which they have $10,000,000 tied up. The New York Methodist Episcopal Conference threw out charges against Chancellor Day, resulting from attacks on President Roosevelt. The two children of Mr. and Mrs. C. H. Ackerknecht, of St. Paul, Minn., died after taking soothing syrup. Mrs. Alfred Gwynne Vanderbilt has entered suit for absolute divorce. Madame Anna Gould is ill with bronchitis and stomach trouble in the apartment of her friends. Mr. and Mrs. Tyler-Morse in the Hotel St. Regis. She went to the St. Regis after a stormy conference with her brothers and sister at the home of Miss Helen Gould. "Give the Duke a chance; he's a square shouldered young maan; an opportunity is all he wants," says Theodore F. Shonts, speaking of his new son-in-law, the Duc de Chaulnes. Charles Dalmores, the French opera tenor, has been sued by the Conried Opera Company for alleged breach of contract. Mrs. Martha Clark, of Kansas City, chased her husband twice across the continent, capturing him in Chicago. Two hundred and fifty thousand coal miners quit work pending the signing of a new wage scale. Miss Emma Kasey, who died in Louisville, bequeathed $100,000 to the American Bible Society. An offer of $65,000 has been made for a seat on the New York Stock Exchange. Admiral Evans sailed from Magdalena Bay on the Connecticut for San Diego.
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Run Closes Toledo Bank. The doors of the Broadway Savings bank in Toledo, Ohio, were closed Friday because of a run. The bank is a creditor of A. L. Irish, who filed a petition in bankruptcy for nearly $500,000. Deposits of the closed bank amount to $200,000, and the assets of the institution will pay dollar for dollar, it is said.
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NEWS SUMMARY Fire at Lynchburg, Va., destroye T. three P. tobacco factories operated $ is $200,000. Dunnington. The estimated los In an exchange of at nee, one I The doors of the Broadway ings closed. bank of Toledo, O., have the following a run. Deposits 000. closed bank amounted to Reports from Seoul the last days been are to the effect that there three separate attacks on surgent camps in which 103 Korear were killed. One of the principal tax collecto of fled the province of Almeria, Spain, from the country, having, it charged. embezzled $400,000 of public funds. Prince Bajidor Karar-Georgevite a died cousin of King Peter of sided in Paris on April 3. He had in Paris for some time, was well known in artistic circles. Alfter a sensational debate, lastir over state three hours, the Democrat executive committee of Virginia passed a resolution indor ing J. William J. Bryan for president. A. Hossack, a banker of III., the jumped from the eighth floor Auditorium Annex, Chicago, health Sunday, and was instantly killed. was the cause for the suicid Because of lack of prison been modations the navy department reduced to the extremity of charging all prisoners who served tences. at least one-third of their The supreme court has decide that the Independence League is one of the two leading parties Massachusetts, and that it has right to representation on the partisan boards. The civic federation bill to the anti-trust laws, which was duced in the house by Represent : tive Hepburn of Iowa, was introduc in the senate on April 1 by Senat 1 Warner of Missouri. The Federal railroad : through the Ricken mountains, Lake Zurich, Switzerland, has completed. Construction on the nel, which is nearly five miles was begun four years ago. The house committee on naval fairs reported adversely the bill authorize the purchase of the town Exposition grounds and ings by the government, to be as tion. a naval training and coaling Representative Thomas Haflin Alabama has been made the defen ant in a suit for $20,000 damag filed by Louis Lundy, the negro whom the representative had an tercation on a street car on 27 last. In his capacity as a member of
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Toledo Bank Closes Doors. The doors of the Broadway Savings bank in Toledo, Ohio, were closed Friday because of a run. The bank is a creditor of A. L. Irish, who filed a petition in bankruptcy for nearly $500,000. Deposits of the closed bank amount to $200,000, and the assets of the institution will pay dollar for dollar, it is said.
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Article Text
Toledo Bank Closes Doors. The doors of the Broadway Savings bank in Toledo, Ohio, were closed Friday because of a run. The bank is a creditor of A. L. Irish, who filed a petition in bankruptcy for nearly $500,000. Deposits of the closed bank amount to $200,000, and the assets of the institution will pay dollar for dollar, it is said.