15439. Bank of Xenia (Xenia, OH)

Bank Information

Episode Type
Run → Suspension → Unsure
Bank Type
state
Start Date
August 27, 1884
Location
Xenia, Ohio (39.685, -83.930)

Metadata

Model
gpt-5-mini
Short Digest
3f4ed6a6cbc850b2

Response Measures

None

Description

Articles (Aug–Sep 1884) report a run on the Bank of Xenia after the cashier Ankeny gone West/resigned amid suspicious large mortgages; stockholders were called and the bank apparently closed temporarily. The Comptroller later said no receiver need be appointed. It is unclear from these items whether the bank permanently failed or later reopened, so I classify as run followed by suspension with outcome unsure. Corrected OCR errors (e.g., BANK O. XENIA -> Bank of Xenia; Ankeny gone West interpreted as cashier Ankeny absconding/resigning).

Events (2)
1. August 27, 1884 Run
Cause
Bank Specific Adverse Info
Cause Details
Cashier Ankeny reportedly 'gone West' and resigned after making large mortgages; directors dissatisfied — led depositors to withdraw funds.
Measures
Called meeting of stockholders; Comptroller investigated; public reassurance that no receiver was needed.
Newspaper Excerpt
CAUSE OF THE CLOSING ... Cashier Ankeny gone West. The bank ... resignation. this ... caused the run
Source
newspapers
2. August 27, 1884 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Following heavy withdrawals and cashier's suspicious resignation/departure the bank apparently closed/ceased normal payments and convened stockholders; Comptroller reviewed condition (no receiver appointed).
Newspaper Excerpt
The bank to-day hands an of officer detail the of troller the condition ... called meeting stockholder for Saturday ...
Source
newspapers

Newspaper Articles (2)
1. August 28, 1884 Savannah Morning News Savannah, GA
Article from Savannah Morning News, August 28, 1884

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Article Text

RUINED BY A BAD CLIQUE. THE SECRET OF THE PETER$ BURG CRASH REVEALED Mahone's Political Tools Given Full Swing by the Officials of the tion- Gov. Cameron Plays the Leading Role Among the Vultures- Failure a Xenia Bank and Commercial Misfo tunes. the RICHMOND, VA., Aug. 27 In House of Delegates to-day Mr Pollard, Chairman of the Committee on Finance submitted report of that committee the invest stigation of the Planters and Me chanics Bank of Petersburg which cently failed, and the status of the State funds deposited therein. after the The report was ordered printed. BANK O. XENIA, The Second Na city this tion Bank The and The the last surplus 1883. ided $20,000, profits $23,000. National Park Bank and the First National Bank CAUSE OF THE CLOSING There the was bank Xenia that so promptly and deposits. Cashier Ankeny gone West. The bank to-day hands an of officer detail the of troller the condition Ankeny with M bank through Mr. Smart made large mortgage this not and were satisfied directors demar He went Ankeny's West resignation. this and caused the run of yesThe day are regarded the bank that the bank not late special Xenia run was the of and The bank sent of Comptroller he has the bank thinks that plete 000 capital stock ($150, A the of impaired. meeting stockholder for Saturday is thought has called ements will be made sumption for an early resident THE ADNER CRASH Aug. state been has PHILADELE made of the Bros. to-day banking firm of Ladner rarrants for the arrest creditors Wm. H. and Louis Ladner, firm. were They of members the some and cases taken into under bail for heari on Fri one case day were held they wai d a hearing were held to bail. FRANCE'S and CROOKED BANKERS Atig PARIS FATE OF The trial of the direc and tors which failed conc and time Deputy retary State years in fine 20.000 of prison, pay suffer for ten years his pension civil and francs and to itical rights. and to M (inski the pay five months months imprisonn M. Bellantin, sub fine 8.000 francs. was sentenced to manager, The prison with 5,000

2. September 5, 1884 The Iola Register Iola, KS
Article from The Iola Register, September 5, 1884

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Article Text

that a joint line will be built from Winnepeg to St. Paul for a winter outlet from Manitoba. THE People's Bank of St. Paul was recently robbed of $10,000. Edward Mason, aged sixteen, who was bookkeeper in the bank, was missing. POLICE recently had to quell a riot between union and non-union brickmakers in the town of Lake, north of Chicago. MRS. CARRIE WILSON, a beautiful widow at Arrow Smith, III., mysteriously disappeared not long since. THE veteran sailors and soldiers of the Northwest held a reunion at Chicago August 27th. ROBERT WATSON was run over and killed by the cars at Milbank, Dakota, on August 26th. THE Southern Illinois Teachers' Association was in session at Centralia recently. ESCARINO, the condemned Mexican murderer, has been respited for thirty days by Governor Ireland, because of extenuating circumstances. A WOMAN was found starving in the woods near Chardon, o., recently. She was reduced almost to a skeleton. She was too proud to beg and when her property was sold for taxes she became an aimless wanderer. DR. S. C. SMITH was killed by being thrown from his buggy at Salt Lake, the 28th. THE eleventh annual temperance meeting of the W. C. T. U. will be held at Chicago. JOHN FLOYD MASON was murdered at Washington Court House, O., recently. DR. PAAREN, State Veterinarian of Illin ois, killed ten Jersey cows recently and found their lungs hepatized badly. THE bank failure at Xenia, O., is not so serious as was thought at first. The Comptroller of Currency says no receiver need be appointed. THE dry goods house of C. L. Luce & Co., of Toledo, burned on the 28th. Loss, $20,000; insurance not stated. A DESTRUCTIVE hurricane visited Evans. ville, Ind., on the 29th, doing about a quarter of a million dollars damage. A SCHEME was recently found by which officers and agents of the St. Louis & Cairo Narrow Gauge were robbing the company. JACOB BECHER, aged sixty-four, hung himself in a smoke house at Decatur, Ill., August 29th, on account of bad health. Two prominent Mexican officers have been missing some time and it is thought they have been imprisoned in Gonzales' Military Dungeon. DR. SMITH, of Virginia City, M. T., was thrown from his buggy and killed on the 29th. REPORT comes of a serious Mexican riot at Piedres Negras, over the election of a Judge. Over one hundred persons were, perhaps, killed. A SUIT was recently decided against the Davenport, Ia., Gazette Company, which will cost the company eleven thousand dollars. JAMES CAMPBELL, a well known citizen of Rockford, III., and who was formerly Sheriff, was lately found dead in his room. A GASOLINE explosion at Uricksville, O., caused damage to the amount of thirty thousand dollars recently. BoB FORD was arrested and incarcerated in prison at Las Vegas recently for shooting at the City Marshal. FOUR polygamists were recently indicted in Arizona by the United States Grand Jury. These were the first indictments of the kind ever found in Arizona.