12789. First National Bank (South Amboy, NJ)

Bank Information

Episode Type
Suspension โ†’ Closure
Bank Type
national
Bank ID
3878
Charter Number
3878
Start Date
October 12, 1921
Location
South Amboy, New Jersey (40.478, -74.291)

Metadata

Model
gpt-5-mini
Short Digest
f415c6622776156b

Response Measures

None

Description

Newspaper (Perth Amboy Evening News, 1921-10-13) reports that the First National Bank (South Amboy) was closed yesterday. The article gives no explanation for the closure and offers no follow-up about reopening or receivership. Because the paper reports the bank as closed with no mention of a contemporaneous run and no reopening information, I classify this as a suspension leading to closure; however permanence is uncertain from these items. No cause is provided in the text.

Events (2)

1. May 2, 1888 Chartered
Source
historical_nic
2. October 12, 1921 Suspension
Cause Details
Article simply states the bank was closed yesterday without giving a reason or attributing the action to runs, government action, or liquidation.
Newspaper Excerpt
Both the First National Bank and the South Amboy Trust Company were closed yesterday.
Source
newspapers

Newspaper Articles (2)

Article from Perth Amboy Evening News, October 13, 1921

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Article Text

SOUTH AMBOY Residents of upper Main street and vicinity are complaining of the annoyance caused by the steady barking of dogs during the night. The people claim the canines have the habit of sleeping all day and begin their howling about midnight. The dog-catcher, it is claimed, would be able to fill his pound if he made the trip some night. Yesterday afternoon a touring car filled with young men stopped at the Eisner factory at the corner of Second street and for several minutes annoyed the girl workers at the plant. They were requested on several occasions to leave the street but instead flung unmanly remarks at the manager of the factory. H. Armstrong, who is in charge of the plant, threatened to report the affair to the police and promised to push his charges if the party did not immediately leave the neighborhood. After several heated remarks the party left. Both the First National Bank and the South Amboy Trust Company were closed yesterday. John Gleason, James Birmingham, Frank Meacham and William Manion witnessed the world series game at the Polo Grounds Sunday. Walter Johnson resigned his position as chauffeur for Dr. Lewis Meinzer to accept a more lucrative one with a Perth Amboy automobile concern. James Lenahan has given his automobile a new coat of paint which improved the appearance to a great extent. Joseph Barron, Howard Hansell, George Brennan, William Clark and Joseph Warga have accepted positions at the Runyon coal plant. The commercial class of St. Mary's senior class will witness a business show in New York City next week. Henry Newmark and Jack Newmark witnessed the defeat of the Yankees at the Polo Grounds yesterday. The Athletic Association of the South Amboy high school at their dance on Tuesday night received a


Article from Perth Amboy Evening News, October 13, 1921

Click image to open full size in new tab

Article Text

SOUTH AMBOY Residents of upper Main street and vicinity are complaining of the annoyance caused by the steady barking of dogs during the night. The people claim the canines have the habit of sleeping all day and begin their howling about midnight. The dog-catcher, it is claimed, would be able to fill his pound if he made the trip some night. Yesterday afternoon a touring car filled with young men stopped at the Eisner factory at the corner of Second street and for several minutes annoyed the girl workers at the plant. They were requested on several occasions to leave the street but instead flung unmanly remarks at the manager of the factory. H. Armstrong, who is in charge of the plant, threatened to report the affair to the police and promised to push his charges if the party did not immediately leave the neighborhood. After several heated remarks the party left. Both the First National Bank and the South Amboy Trust Company were closed yesterday. John Gleason, James Birmingham, Frank Meacham and William Manion witnessed the world series game at the Polo Grounds Sunday. Walter Johnson resigned his position as chauffeur for Dr. Lewis Meinzer to accept a more lucrative one with a Perth Amboy automobile concern. James Lenahan has given his automobile a new coat of paint which improved the appearance to a great extent. Joseph Barron, Howard Hansell, George Brennan, William Clark and Joseph Warga have accepted positions at the Runyon coal plant. The commercial class of St. Mary's senior class will witness a business show in New York City next week. Henry Newmark and Jack Newmark witnessed the defeat of the Yankees at the Polo Grounds yesterday. The Athletic Association of the South Amboy high school at their dance on Tuesday night received a