14915. Cincinnati National Bank (Cincinnati, OH)

View Charter #2922 on SPMC

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
2922
Charter Number
2922
Start Date
July 7, 1887
Location
Cincinnati, Ohio (39.103, -84.515)

Metadata

Model
gpt-5-mini
Short Digest
2028ae46d1f5c5ea

Response Measures

None

Description

Newspaper items from 1887–1888 report receivership/liquidation of the Cincinnati National Bank and a plan to liquidate (and reorganize with new capital). No article describes a depositor run; articles report liquidation, appointment of receivers, and later (1903) a receiver reviving an old judgment tied to defalcation by a former president. Classified as suspension leading to permanent closure with receiver.

Events (6)
1. April 12, 1883 Chartered
Source
historical_nic
2. July 7, 1887 Other
Newspaper Excerpt
receiver of the Bank National has been appointed at Cincinnati, Ohio, and fidelity has taken charge.
Source
newspapers
3. June 21, 1888 Suspension
Cause
Voluntary Liquidation
Cause Details
Owners/stockholders arranged liquidation of the bank and reorganization into a new institution; receiver to be involved.
Newspaper Excerpt
The Cincinnati and Atlas National banks of Cincinnati are to go into liquidation, and a new bank to be organized by the leading stockholders of the two old organizations
Source
newspapers
4. July 30, 1888 Suspension
Cause
Voluntary Liquidation
Cause Details
Announcement that the bank will go into liquidation; capital previously reduced; creditors/depositors to be paid.
Newspaper Excerpt
The Cincinnati National Bank will go into liquidation. ... Depositors will be paid in full.
Source
newspapers
5. August 1, 1888 Voluntary Liquidation
Source
historical_nic
6. October 12, 1903 Receivership
Newspaper Excerpt
Judgment ... was revived by Geo. C. Rankin, receiver, for the purpose of securing something for the creditors.
Source
newspapers

Newspaper Articles (4)
1. July 7, 1887 The Iowa Plain Dealer Cresco, New Oregon, IA
Article from The Iowa Plain Dealer, July 7, 1887

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Article Text

EVENTS OF THE WEEK. Domestic News of The for the debt June reduction public is about $16,500,000. of of the celeHonor Knights of its anniversary foundation birth, June 30th. brated The order the fourteuisville, in the city of its York bank examiner FiW. P. Snyder, a New receiver of the Bank National has been appointed at Cincinnati, Ohio, and delity has taken charge. the 1, marked hottest At fell The temperature day of the year, Detroit, of July 98 being Mich, an one average man temperature. dead from stroke. At one 1, York New July hundred City, the lar and were deaths seventy reported, A of in the gest day any year. number of the cases were infancholera majority tum. of The from issue silver dollars standard 25 the the mints June ended week during was last same year, 509,296; 550,604. period of The since fractional shipments to June $582,197. lamounts of The the 4026, Local charter Assembly of of has been Labor Knights Washington of their revoked Powder. because discussion of to as iv's the Fourth to the was July press. given celebration of & of The Co., Kershaw creditors an the from court order secured Chicago, a partmaking general Charles Eggleston ner for and him making thereby responsible it the of is the said firm, ap debts which $1,000,000. proximate The most violent earthquake experienced in 1858, occurred Mexico, the among minutes movem Guayguideaused the 29th, The shock great lasted direction two of west. the in the All clocks the of the on population. seconds and northeast the stopped at shock. moment and were down and ement 20 was from the city were A number several of shaken So as refar demolished no ported ceilings buildings were one injured. New York sheet balance 30th shows: ending on Balance $212,568,901 that received out since for The the fiscal hand year June 30, 1886, $733,245 271 eaving paid on The cash balance New 80 per York at The cash since July 1, hand 1886 of $173,49 cent of the the gov- cusreceipts ernment 30th for ult., tom house ending quarter of an day were between increase the and over same $5,000,000 at The War period $1,000 000 year. department the from Gen. Washingto O. has o following telegram 26. Ft. June Cal., dated Mason, Howard, the San from "Gen sends Miles following, Ariz. "Lieut. Carlos, surprize of the and the and capture back troops surhave to their an rendered, investi and martial gation of of for gartrial offenses, the thus ending present for R. G. the Co., first that Dunn report in the of 1887 half States United failures in for the are 5,156 4,912 the in showing period same previous of 214. deWhile marked decline in the the failures, For show liabilities the the were last half year for first the in of half during Canada 721 in the number of 1886. period are $102 1977 The the 693,915 of ing by has Comi Suit troller of Cinbank to and Trenholorio, directors, cinnati, its corpor forfeit the franchise The bank ation. to the 13, there being when time 000. Fur cerfully the ther, and were tifled of of the funds guilty the Har President that and per to of $100, 00,000. of were Very rthquake on the afternoon in of Lampshire. H. were there and and buildings persome instances and fear, so was severe others sought of the vibra and hwest, that show their within Man from Wal Falls, of ten milar River, No

2. June 21, 1888 The Jackson Standard Jackson, Jackson Court House, OH
Article from The Jackson Standard, June 21, 1888

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Article Text

The Cincinnati and Atlas National banks of Cincinnati are to go into liquidation, and a new bank to be organized by the leading stockholders of the two old organizations, with a capital stock of $500,000. Receiver McConville of the defunct Metropolitan will probably be one of the officers of the new institution.

3. July 30, 1888 The Wheeling Daily Intelligencer Wheeling, WV
Article from The Wheeling Daily Intelligencer, July 30, 1888

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Article Text

CONDENSED TELEGRAMS. The break in the canal, near Brighton, N. Y., has been repaired and water let in as fast as possible. Rowell & Co.'s plow works, at Hartford, Wis., were destroyed by fire Saturday morning. Loss, $25,000; no insurance. The planing milland warehouse of the Weston Lumber Company, at Manistique, Mich., burned Saturday night. Loss, $50,000; no insurance. The Cincinnati National Bank will go into liquidation. Last November the capital stock was reduced from $500,000 to $280,000. Depositors will be paid in full. The failure of George D. Morrison, a stock broker and a member of the New York Stock Exchange Board, was announced on the floor of the Exchange yesterday. Aqueduct Commissioner Hamilton Fish, jr., of New York City, has sent his resignation to Mayor Hewitt. It is to take effect at once. Mr. Fish, in his brief note, assigned no reason for his resignation. The Poles of Chicago and all the larger cities of the United States have joined in a petition to Pope Leo, asking him to order the Polish clergy of this country to remove the religious ban from the Polish National Alliance. The exports of specie from the port of New York last week amounted to $241, 984, of which $6,600 was in gold and $235,384 in silver. All the gold and $6,324 in silver went to South America, and $229,060 in silver went to Europe. The City Council of Toronto has passed a resolution asking the Ontario Government and the Canadian Institute to invite the American Association for the Advancement of Science to hold its annual convention in Toronto next year. Senator Wilson, of Iowa, from the Committee on Education and Labor, Saturday reported favorably is the Senate the House bill to create boards of arbitration for settling controversies and differences between railroad corporations and their employes. In a street row at Norfolk, Va., Saturday morning, about 3 o'clock, Peter J. McLean received four pistol-shot wounds and died in a few minutes. The verdict of the Coroner's jury is that McLean was killed by John F. Evans. Both men were prominent sporting characters of Norfolk. is At Belleville, Ill., Saturday night, a Morris Kampler, a molder, aged 26 years, had a quarrel with his wife, of whom he r was extremely jealous. She fled to West Belleville to pass the night with 8 friends. He followed her an hour later e and shot her, inflicting a mortal wound. it Kampler was arrested. e The grand jury at Chicago has returned five additional indictments o against the Bohemian dynamite conspirators. The indictments previously returned charge the four men with general conspiracy to commit murder, and specifically to kill Judges Gary and Grinnell and Inspector Bonfield. The peculiar disease which has affectmany personsabout Rarden, Adams county, O. is extending towards Ripley, 1and prevails over a large section of the country. Several persons have contracted the disease near Decatur. It resem1bles cholera in some symptoms, while it some physicians think it is merely an exaggerated form of flux. e John Anderson has passed the ninth day in the well at Johnstown, Neb. Food and water have been given him regularly, and he is gradually growing stronger. hAn effort was made yesterday to saw re through the roof, but it has been aban doned, as the sand commenced to cave pas in, and Anderson's platform sank inches.

4. October 15, 1903 The Oskaloosa Herald Oskaloosa, IA
Article from The Oskaloosa Herald, October 15, 1903

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Article Text

A JUDGMENT FOR MILLIONS Suit of Sixteen Years Ago Revived by Receiver of Bank That Suffered Through Defalcation Cincinnati, Oct, 12.-Judgment for $2,500,000 against E. L. Harper, formerly president of the National bank of Cincinnati, was rendered by default in the United States court. The suit is sixteen years old and was revived by Geo. C. Rankin, receiver, for the purpose of securing something for the creditors. Harper served a term in the Ohio penitentiary, but after his release re-entered business and is reported to have gained wealth. The judgment allows interest from June 20, 1887, making an item of about $2,500,000 more, or $5,000,000 in all.