1120. National Gold Bank & Trust Company (San Francisco, CA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
1994
Charter Number
1994
Start Date
September 2, 1879
Location
San Francisco, California (37.780, -122.419)

Metadata

Model
gpt-5-mini
Short Digest
a5baa863

Response Measures

None

Description

Both articles report that the National Gold Bank and Trust Company have decided to go into liquidation (voluntary liquidation). There is no mention of a depositor run or suspension due to panic; this is a voluntary winding up leading to closure. Date taken from San Francisco dispatches in the papers (early September 1879).

Events (1)

1. September 2, 1879 Suspension
Cause
Voluntary Liquidation
Cause Details
Bank management/board decided to go into liquidation (voluntary winding up).
Newspaper Excerpt
The National Gold Bank and Trust Company have decided to go into liquidation.
Source
newspapers

Newspaper Articles (2)

Article from The Weekly Arizona Miner, September 5, 1879

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Article Text

NEWS BY TELEGRAPH Memphis, Sept. 1.-Total number of cases of yellow fever reported to the board of health, to date, 873; deaths, 233. Last year the total number of deaths to Sept. 4th was 804. New Orleans, Sept 1.-Indications are favorable for the suppression of the yellow fever; only six deaths so far. New York, Sept. 1.-Specials from the interior indicate that Cornell will have 180 delegates to the Republican State Convention. San Francisco, Sept. 1.-The H. B's have nominated W. N. Griswold for Mayor, whereupon the Chronicle bolted, and isnow supporting Flint. DeYoung has been admitted to $25,000 bail. The National Gold Bank and Trust Company has decided to go into liquidation. New York, Aug. 30.-Immense crowds at Brighton Beach to see Mollie McCarty run. A telegram received from Saratoga said that she had met with an accident preventing her running. Memphis, Aug. 30.-The Howard Assoclation has expended $257,000, and expect it will be necessary to call for ald. Chicago, Aug. 30-A special to the Tribase from Washington says that E. B. Washburne received a letter from Grant, positively declining to be a candidate for the Presidency. San Francisco, Aug. 30-Dr. Kalloch is still improving. The Bulletin reporter interviewed him to-day and heexpressed confidence in his recovery and election as Mayor. Silver King $5.00; Tiptop $.95. New York, Aug. 29.-Prize shooting at Creedmoor contemplates several matches, the value of prizes aggregating seventy-two thousand dollars. Among teams now encamped there are those from the Pacific Coast. The Oncida community have abandoned the practice of complex marriage in deference to public sentiment, not, however, renouncing its principles. Washington, Aug. 20-Fitz John Porter has written a letter saying that he is coming here this winter to urge Congress to restore him to the active list of the army. London, Aug. 29-A despatch from Garnet Wolesley dated Aug. 11th, says, Zulus have dispersed, and there are prospects for an early peaceable settlement. San Francisco, Aug. 29-Dr. Kalloch much improved, and is sitting up to-day, but the danger of inflammation is not passed. Silver King $5.00.


Article from Arizona Citizen, September 5, 1879

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Article Text

THE CITIZEN. SEPTEMBER 3. 1879. FRIDA Y. TELEGRAMS. Kalloch. SAN FRANCISCO, August 30.-Dr. Kalloch is much improved and is sitting up today, but danger of inflamation is not yet passed. SAN FRANCISCO, September 1.-Dr. Kalloch is still improving. A Bulletin reporter interviewed him to-day. He expressed contidence in his recovery and election as Mayor Out on Bail. SAN FRANCISCO, September 2.-De Young has been admitted in $25,000 bail. Chronicle Bolts. SAN FRANCISCO, September 2.-The H. Bs. nominated W. N. Griswold for Mayor, whereupon the Chronicle bolted and now supports Flint. In Liquid tion. SAN FRANCISCO, September 2.--The National Gold Bank and Trust Com pany have decided to go into liquidation. Creedmoor Stakes. NEW YORK, August 23.-The value of the prizes in the contemplated matches at Creedmoor aggregates $2000. Three teams from the Pacific are now in camp. Oneide Community Progressing. NEW YORK, August 29. .-TheOneida Community have abandoned the practice of complex marriage in deference to public sentiment, not however renouncing its principles. A Disappointed Crowd. NEW YORK, August 31.-There was an immense crowd at Brighton Beach to see Mollie McCarty run, but a telegram received from Saratoga an nounced that she had met with an aceident preventing her running. Cornell's Chances. NEW YORK, September 1.-Specials from the interior of the State indicate that Cornell will have 180 delegates to the Republican State Convention. At New Orleans. NEW ORLEANS, September 1.-Indications are favorable for the suppression of the yellow fever; only six deaths thus far. Aid Needed. MEMPHIS, August 31.-The How. ard's have expended $25,700 and expect it will be necessary to call for more aid. Yellow Fever. MEMPHIS, September 1.-Total cases reported to the Board of Health to date, 873; total deaths, 233. Last year the total deaths to September 4 reached 804.