Delaware City National Bank (Delaware City, DE)

Episode Information

Episode UID
133201046
Episode Type
Suspension โ†’ Reopening
Bank Type
national
Bank ID
13320 national
Charter Number
1332
Start Date
February 11, 1887
Location
Delaware City, Delaware

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
1059f380801a4bab

Response Measures

None

Description

Includes an 1887 temporary closure for a funeral; 1933 article describes a state-wide bank holiday (temporary).

Events (3)

1. June 23, 1865 Chartered
Source
historical_nic
2. February 11, 1887 Other
Newspaper Excerpt
The Delaware City National 8 Bank was closed out of respect for the deceased.
Source
newspapers
3. March 6, 1933 Suspension
Cause
Government Action
Cause Details
State-declared bank holiday/moratorium ordered by Delaware authorities during nationwide banking restrictions (March 1933).
Newspaper Excerpt
Delaware ... declared bank holiday tonight, effective Monday and continuing until further notice.
Source
newspapers

Newspaper Articles (2)

Article from Delaware Gazette and State Journal, February 17, 1887

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Article Text

DELAWARE CITY. Special Correspondence of Gazette and Journal DELAWARE CITY, Feb. 11.-Mrs. Julia Brewer has purchased the 60x100 feet of ground corner of Clinton and Harvey streets from Patrick Henry Lodge, No. 11, L O. O.F., and will erect a fine residence on it. Two herring, the first of the season, have been caught here at the Chesapeake & Delaware lock by a seine net. The ruins of the late fire are rapidly being cleared away. Philip Borger will commence to build as soon as the weather settles. The cannery lately run by William E. Cleaver Bett which was closed last year on account of his failure, will be started up again this season by a Philadelphia company. Mr. Horner, who bad charge of this factory some years ago for William G. Knowles of Philadelphia. will superintend the cannery. A Mr. Pancoast will enter into partnership with William Beck and start a cannery here. Mr. Beck will consolidate his mince meat business with that of canning. DELAWARE CITY, Feb. 12.-Thelittledaughter of Ellwood Cornellus was badly scalded yesterday, by its mother knocking a kettle of hot water off the stove. It is doing as well as can be expected. The supposed panther which has been terrifying the farmers and colored people in the vicinity of Red Lion, met its death on Wednesday night by being run over by the Delaware City accommodation train due here at 7.15 p. m. The animal proved to be the wild cat. DELAWARE CITY, Feb. 14.-The funeral of William D. Clark took place on Saturday morning at 10 o'clock and was largely attended. The services were conducted at Greenles by the Rev. George A. Paull of the Presbyterian church, assisted by the Rev. W. C. Alexander of Middletown. Newton sang a very solo. The priate Mrs. Virginia pall-bearers were appro- F. McIntire, E. D. Cleaver, John C. Higgins and J. T. Price. Among those present were F. A. Churchman and wife, J. 9 H. Cleaver, John H. Rodney, Esq., and 8 others. The Delaware City National 8 Bank was closed out of respect for the deceased. The body was interred in e the family vault in St. Georges cemetery a by the remains of his wife. The last 3 time the deceased was in Delaware City . was at the citizens meeting on Thursday e night, February 3d. f Word has just been received here that four barges were sunk and 12 driven 1 ashore on Friday night in Chesapeake bay g the wind which prevailed. and a The during steam tugs high Clyde General I.J. af1 Wistar left Chesapeake City on Friday 0 with a tow of 16 barges for Balof four 8 e timore, ternoon consisting light smoothly and 12 loaded ones. The tow moved along, and by night was out in the bay, when the wind commenced to blow hard from the north-west, completely covering the tugs and barges with spray. The wind increased into a regular gale and snapped e the tow lines like pipe stems, leaving the y barges to the mercy of the waves. The r tugs tried hard to get the boats together h again, but failed. The barges beat against r each other and were in danger of being t swamped, until finally 12 of them drifted e ashore and four sank. The reports are so y meagre that it cannot be learned yet if any n lives were lost. Most of the barges had families on them.


Article from Chicago Tribune, March 5, 1933

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Article Text

EVERY STATE JOINS IN MOVE TO SAVE BANKS Take Holiday or Impose Restrictions. Wilmington, Del., March 4.-(P)Delaware, the last of the nation's 48 states not under form of banking restriction, declared bank holiday tonight, e.ective Monday and continuing until further notice." Harold W. Horsey, state banking missioner, said Gov. C. Douglas Buck had directed him to notify all banks in the state as follows: Not of anything that has in tion but wholly because of the action practically all the other in declaring bank holiday and the observance thereof by the Federal Reserve bank, this bringing about temporary suspension of banking business over the country, am with no alternative to take action protect Delaware banks and their depositors. Wisconsin Plans Reopening. Milwaukee, Wis., March 4.-[Speof this city and Wisconsin are making plans to reopen next week, but on what day had not been determined tonight. In Madison, Banking Commissioner Arthur Kingston said that plan has been devised for reopening Wisconsin banks morning, although he withheld details of the plan pending an expected President at Washington on the situation. hand, Walter Kasten, president the First Wisconsin Na. tional member of committee appointed by the Milwaukee Clearing House association to work out plan, said the Milwaukee banks will not reopen until Wednesday at the earliest, and then probably will operate under scrip plan similar to that used in 1907. In the meantime the fourteen day bank holiday proclaimed by Gov. R. G. Schmedein effect. No Holiday in Indiana. Indianapolis, Ind., March 4.-[Spebanks, under the bank code recently rushed through the state legislature, have the power to limit withdrawals one-tenth per cent. Therefore, no state-wide bank moratorium will be declared in Indiana Gov. Paul McNutt today informed state officials from Washington, where he attended the inaugurabanks today continued to pay per cent and 100 per on deposits made they declared per cent withdrawal last Monday. few upstate banks have limited withdrawals to per cent. Plan Michigan Reopening. Detroit, Mich., March 4.-[Special.] -There up of banking anxieties Detroit the tion of the state legislature on relief bills which are scheduled be passed on Monday They should become laws not later than next Saturday and thereby permit banks re-open and permit another withdrawal of funds amounts to decided upon. Operations in Detroit will be immediresumed by the First National bank and the Guardian National Bank of Commerce. Iowa Proclaims Holiday. Des Moines, Ia., March 4.-[SpeGov. N. G. Kraschel today ordered moratorium effective once. In his proclamation the lieutenant governor set no definite time, declaring only temporary banking holiday mandatory for all Iowa banks, savings banks and [Continued on page 6, column 8.]