Cleveland Savings & Loan Company

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: October 15, 1905
Location: Cleveland, Ohio (41.499, -81.695)

Metadata

Model: gpt-5-mini
Short Digest: 401ed222f0358f7e

Response Measures

None

Description

The sole article line states that Ohio state officials brought suit to suspend a Cleveland savings and loan company (published 1905-10-15). It does not describe a prior depositor run or any reopening; the most direct interpretation is a state-initiated suspension leading to closure/receivership, though the ultimate outcome is not reported here. I therefore classify as suspension_closure and note the outcome is inferred from the suit (not explicitly reported).

Events (1)

1. October 15, 1905 Suspension

Cause: Government Action
Cause Details: State officials filed suit to suspend the Cleveland Savings & Loan Company (reported in the newspaper dispatch).
Newspaper Excerpt: Ohio State officials brought suit to suspend a Cleveland savings and loan company.
Source: newspapers

Newspaper Articles (1)

1. October 15, 1905 New-York Tribune New York, NY

Article from New-York Tribune, October 15, 1905

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Article Text

New-Dork-Daily Cribune SUNDAY, OCTOBER 15, 1905. THE NEWS THIS MORNING. FOREIGN.-Advices from Paris say that in official quarters it is believed that a month will elapse before action is taken on the Venezuelan question. The body of Sir Henry Irving will be taken to London to-day; plans are already being made for a national memorial to the great actor. The Naval League of Germany is demanding an increase in the navy as a result of the alleged disclosures made in newspapers of Paris. The strike of the electrical workers in Berlin was settled, the employes accepting the slight increase in wages offered by the owners. Liberals won a notable victory in a Parliamentary election in a division of the West Riding of Yorkshire. The Panaman government has announced that it would pay only its share of the Colombian debt in proportion to the population of the isthmus at the time independence was declared, and conditionally on Colombia's agreement to repay sums borrowed from Panama. Premier Rouvier, acting on behalf of the Russian government. sent a cable dispatch to the French Minister at Tokio, instructing him to inform the Japanese government that Emperor Nicholas had signed the peace treaty. More complications are expected over the Newfoundland fisheries and bait questions. DOMESTIC.-The resignation of William F. Powell, United States Minister to Hayti, was accepted by the President, and his successor was chosen. Memoranda relating to the proposed second peace conference at The Hague were made public in Washington. Congressman Williamson. of Oregon, found guilty of subornation of perjury in connection with land frauds, was sentenced to serve ten months Miss Frederica and to pay a fine of $500. V. Webb and Ralph Pulitzer were married at Shelburne, Vt. A dispatch from Baltimore said that the State Insurance Commissioner had been asked to bar the Mutual Reserve Life Insurance Company from doing business in Maryland. Pension checks amounting to $1,000 were stolen from the Soldiers' Home at Bath, N. Y. William A. Pinkerton, in Chicago, said that Pat Crowe was suspected of complicity in a plot to carry off a well known NewYorker's child. The police are looking for a man who has been missing since the day of the triple murder near Middletown. Ohio State officials brought suit to suspend a Cleveland savings and loan company. A dispatch from Amherst, Mass., says that the eclipse expedition to Tripoli headed by Professor Todd, who has just returned, was a success. Hemery, CITY.-Stocks closed irregular. of the French team, won the second race for the Vanderbilt Cup, over the Mineola, Long Island, course, yesterday, covering the 283 miles in 4 hours 36 minutes and 8 seconds, which is the fastest time ever made in this country. Five persons were swept off the Campania by a wave and twenty-nine were injured; a girl died State Senator Malby said from injuries. that Mayor McClellan did not try to obtain the passage of the 80 cent gas bill. Columbia defeated Williams at football by a score of 11 to 6. Senator Dryden sent out a circular asking opinions on federal control of life insurance. It was announced that the Fourteenth Street Bank would assume the liabilities of the was suit brought A Cooper Exchange against the New-York and Pennsylvania Pulp Company by Edward P. Hatch, jr., alleging libel Joseph Jefand asking $150,000 damages. ferson's estate, as shown by schedules filed with the Surrogate, will amount to about $130,000. "The Princeton Alumni Weekly" voiced the approval of the students of President Roosevelt's move to clean up athletics. THE WEATHER-Indications for to-day: Partly cloudy. The temperature yesterday: Highest, 70 degrees; lowest, 49.