Lancaster Bank (Lancaster, PA)

Episode Information

Episode UID
9927710991255
Episode Type
Run โ†’ Suspension โ†’ Closure
Bank Type
state
Bank ID
992771099 hash
Start Date
July 26, 1904
Location
Lancaster, Pennsylvania (40.038, -76.306)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
a66732ab6ad1ef74

Response Measures

None

Events (3)

1. July 26, 1904 Run
Cause Details
Articles report a run occurred but do not state a trigger or specific rumor; withdrawals occurred Monday and Tuesday
Measures
All demands for withdrawals Tuesday were met
Newspaper Excerpt
The Lancaster (Pa.) Bank, on which a run was made Monday and part of Tuesday
Source
newspapers
2. July 27, 1904 Receivership
Newspaper Excerpt
Henry Peters, president of the Fairfield Bank, was appointed receiver.
Source
newspapers
3. July 27, 1904 Suspension
Cause
Government Action
Cause Details
Bank closed and a receiver (Henry Peters) appointed to take charge
Newspaper Excerpt
The Lancaster (Pa.) Bank ... was closed this morning and a receiver is now in charge of the institution.
Source
newspapers

Newspaper Articles (2)

Article from Alexandria Gazette, July 27, 1904

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Article Text

TELEGRAPHIC BREVITIES William Hoffman, while going home last night from his restaurant in Frostburg, Md., was held up by four negroes. Hoffman resisted when the negroes shot him through the thigh and robbed him of $200. Dr. P. Whittley, health officer of Corry, Pa., while fishing this morning in Findley Lake, Chautauqua county, N. Y., was drowned by the upsetting of his boat. His son and daughter, who were in the boat with him, were rescued. The Lancaster (Pa.) Bank, on which a run was made Monday and part of Tuesday, was closed this morning and a receiver is now in charge of the institution. All demands for withdrawals Tuesday were met and it was thought that the bank would weather the storm. The doors did not open this morning, however, and Henry Peter, president of the Fairfield Bank, was appointed receiver. There is considerable excitement in the city. At a meeting of the textile council at Fall River, Mass., yesterday, further plans were made for the continuance of the big strike. A local business man, who refused to allow the use of his name, offered to be one of ten men to give $5,000 each to the strikers to fight manufacturers when the funds of the union were exhausted. In case the other nine men could not be found, he offered to give a note for $5,000 to the strikers. There is no change in the strlke situation this morning, everything being reported quiet at the mills and in the city. None of the mills was opened today.


Article from The Salt Lake Herald, July 28, 1904

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Article Text

BANK IN TROUBLE. Lancaster, Pa., July 27.-Henry Peters, president of the Fairfield County bank, has been appointed receiver for the Lancaster bank, a private institution.