10752. Guardian Savings Bank (St Louis, MO)

Bank Information

Episode Type
Suspension → Closure
Bank Type
savings bank
Start Date
February 19, 1876
Location
St Louis, Missouri (38.627, -90.198)

Metadata

Model
gpt-5-mini
Short Digest
155a12f2

Response Measures

None

Description

Newspapers report a temporary injunction issued by the Circuit Court (Feb 19, 1876) restraining Guardian Savings Bank from further business; a receiver was requested. No mention of depositor runs. This is a court-ordered suspension that appears to be a failure leading toward receivership/closure.

Events (1)
1. February 19, 1876 Suspension
Cause
Government Action
Cause Details
Circuit Court issued a temporary injunction restraining the bank from further transaction of business; petition asked for receiver.
Newspaper Excerpt
A temporary injunction was issued by the Circuit Court yesterday restraining the Guardian Savings' Bank from the further transaction of business. A receiver was also asked for, but no action was taken on that part of the petition.
Source
newspapers

Newspaper Articles (2)
1. February 21, 1876 The Wheeling Daily Intelligencer Wheeling, WV
Article from The Wheeling Daily Intelligencer, February 21, 1876

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Article Text

.201 ST. LOUIS. A Bank Enjoined. ST. LOUIS, February 19.-A temporary injunction was issued by the Circuit Court yesterday restraining the Guardian Savings' Bank from the further transaction of businees. A receiver was also asked for, but no action was taken on that part of the petition. The Guardian Bank is rather a small concern and be. came somewhat crippled by the failure of its President, B. J. Reiley, some time ago.

2. February 21, 1876 The New York Herald New York, NY
Article from The New York Herald, February 21, 1876

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Article Text

FAILURE OF A SAVINGS BANK. ST. LOUIS, Feb. 20, 1876. A temporary injunction was issued by the Circuit Court yesterday, restraining the Guardian Savings Bank from any further transaction of business. A receiver was also asked for, but no action was taken on that part of the petition. The Guardian Savings Bank is a small concern and became crippled by the failure of its President, B. J. Reilly, some time ago.