16302. First National Bank (Johnstown, PA)

Bank Information

Episode Type
Suspension โ†’ Reopening
Bank Type
national
Bank ID
51
Charter Number
2739
Start Date
May 31, 1889
Location
Johnstown, Pennsylvania (40.326, -78.919)

Metadata

Model
gpt-5-mini
Short Digest
34026fb05dbf9372

Response Measures

None

Description

The articles (June 1889) report the First National Bank of Johnstown resuming business after the catastrophic Johnstown flood (dam break). There is no mention of depositor runs; the closure was due to the local disaster. Reopening is reported (e.g., June 11, 1889).

Events (6)

1. August 5, 1863 Chartered
Source
historical_nic
2. June 24, 1882 Chartered
Source
historical_nic
3. May 31, 1889 Suspension
Cause
Local Shock
Cause Details
Closure of bank operations due to the Johnstown flood (dam break) and destruction of town infrastructure.
Newspaper Excerpt
References throughout describe the Johnstown flood/dam break that destroyed much of the town and interrupted business.
Source
newspapers
4. June 11, 1889 Reopening
Newspaper Excerpt
The First National Bank has opened up for bust. ness (article dated 1889-06-12 reporting bank opened June 11).
Source
newspapers
5. June 22, 1889 Other
Newspaper Excerpt
Multiple articles (June 22โ€“23) note The First National and the Johnstown Savings Bank resumed business to-day.
Source
newspapers
6. February 5, 1934 Receivership
Source
historical_nic

Newspaper Articles (8)

Article from Telegram-Herald, June 12, 1889

Click image to open full size in new tab

Article Text

four in all Heavy charges of dynamite have been used, with good effect, showing that the failure of previous discharges was because they were too small. Thirty-five bodies were removed-eleven of them at the stone bridge. Those taken out of the water were in a much better condition than those found among the debris. The latter were not only horribly bloated and distorted in feature, but decomposition had set in, and the stench arising therefrom was so unbearable that the men at the various morgues found it a disagreeable duty to wash them. The bodies are now almost beyond recognition. Many are as black as negroes, and where they were bruised the faces are sunken into a jelled mass Five bodies were found in one single heap of the wreckage in the town Monday. On of them was Kate Neary, the milliner and modiste. One of the saddest identifications was that of Miss Blanche Harnish, of Dayton, O. She was 9 passenger on the day express and her father had searched for the past three days. Some workmen found her body lying under the trestle near the Pennsylvania railroad station. Others, unknown, were taken from the raft at all hours of the day. Among them an old man with his little boy clasped in his arms. The day is past when the discovered dead can be kept any time for identification. Frightful scenes at the morgue bear quick testimony of this. The keepers say that DR soon as the air strikes the corpses now it becomes almost impossible to handle them. and the sooner they are buried the better. The hurried burial of the dead in the Prospect Hill Cemetery is causing the residents of that beautiful suburb much annoyance and may cause & great deal of sickness. The bodies were placed in cheap coffins and buried only three feet under ground. The odor from the decomposing bodies has begun to escape at the surface, creating a terrible stench and attracting many dogs, who howl and paw over the graves all night long. It has been found necessary to place guards at the cemetery to drive the dogs away. Instructions have also been given to scatter disinfectants over the graves Dr. Sibbel's official report shows that up to June 8, 1,811 bodies had been received at the various morgues as follows: Fourth ward school-house, 219; Pennsylvania railroad station. 182; Mooreville morgue, 128; St. Columbia Church in Cambria City, 835; Hawes morgue, 13; Millville, 57: Grand View chapel, 118; Old Nineveh, 55; Nineveh proper, 233. Mr. J. N. Munden, who is in charge of the removal of bodies from the ruins, says that up to date over $6,000 in money lins been found in the pockets of victims The largest sum was $3,114.23 says that the robbing of stores and dead bodies still continues, notwithstanding the guard which has been placed over the ruins by the civil authorities BOARD OF HEALTH BULLETIN. The State Board of Health issued its second bulletin Monday, as follows: "Reports received from the inspectors of this board show that the favorable condition stated in the first report continues. No contagious disease of any kind prevails. There are a few cases of a mile type of measles. No sign of any epidemic are manifest. The State Board of Health is fully prepared to meet all emergencies as they arise. 'As a precautionary measure a hospital for contagious diseases has been established. and If any cases arise they will be properly met. The bedies still in the wreck are 60 covered with earth as not to be dangerous to health. Every precaution is being taken to prevent contamination of the water supply for the towns below Johnstown. There is no ground whatever for alarm in this matter at present The bodies in the river are covered with mud and earth. "The weather is cool and favorable. Though the destruction of life has been appalling there 18 DO present occasion to be discouraged. "GRORGE C. GROFF. M. D., Member in Charge." BUSINESS RESUMED. JOHNSTOWN, Pa, June 11. The First National Bank has opened up for bust. ness, and the fact is appreciated by all here. Much trouble has been occasioned by the inability to get money here, all having to bring it here in packages The Johnson Switch Company, whose works were entirely swept away from Woodville, are making preparations to re build on an extended scale at Moxham three miles up the stream and entirely out of the reach of any future flood They em. play from 1,000 to 1,900 men. A vast amount of work bas been done by the Pennsylvania Rafiroad Company and it is new able to reach Mineral Point with its construction train The washout between the stone bridge and the Pennsylvania railroad station has been almost filled and trains are running over both tracks A proclamation signed by the burgess and town council of Cambria City has been is sued calling on the citizens not to leave their homes but to start rebuilding at once as sid might be expected from the general relief fund: also calling on the merchante to open their stores The people are edvised not to sell their real estate at 8 saerifice. THE CAMERIA WORKS START Great credit is due the Cambria Iron Company for promptly setting the stricken people of tipis city to work. thereby diverte


Article from The Morning News, June 23, 1889

Click image to open full size in new tab

Article Text

JOHNSTOWN'S DEAD. The Local Physicians Estimate the Loss of Life at 10,000. JOHNSTOWN, PA., June 22.-All the local physicians met accidentally at the Bedford street hospital last night. They represented all parts of the stricken city, and after discussing the calamity joined in the conclusion that not less than 10,000 people were lost in the flood. On account of the general knowledge of the people possessed by the physicians their estimate is looked upon as reliable. Twenty-four of the portable houses from Chicago were assigned to the same number of the most destitute families here to-day. More houses are expected to reach here tomorrow. A carload of stoves reached here to-day from Pittsburg. They, with other necessary furnishings, will be placed in the portable houses as they are assigned. TAX NOTICES. County Treasurer Howe to-day stated that he would be here July 3 for the purpose of collecting taxes. But little of the property assessed can be found and the taxpayers left here feel outraged at the posting of the notices, many of which have been torn down and destroyed. The First National and the Johnstown Savings Bank resumed business to-day. Twenty bodies were recovered today. There will be no work to-morrow, and on Monday a greatly reduced force will be put to work. All the contractors will cut down their forces. R. L. Johnston, presiding judge of Cambria county. to-day issued an order closing all the saloons and liquor places in Johnstown and surrounding boroughs and townships until otherwise ordered. Unless the order is strictly obeyed, the court says the license of the violator will be revoked.


Article from Wheeling Sunday Register, June 23, 1889

Click image to open full size in new tab

Article Text

ROOFS OVER THEIR HEADS. Houses for Johnstown's Homeless-The Business Revival, JONHSTOWN, PA., June 22.-Twentyfour of the portable houses from Chicago were assigned to same number of the most destitute families here to-day. The houses are expected to reach here to-morrow. A car load of stores reached here to-day from Pittsburg. They, with other necessary furnishment, will be placed in the portable houses as they are assigned. County Treasurer Howe, to-day, had notices posted, stating that he would be here July 3rd, for the purpose of collecting taxes. But little of the property assessed can be found, and the tax payers left here feeling outraged at the posting of the notices, many of which have been torn down and destroyed. The First National, and the Johnstown Savings Banks, resumed business to-day. Twenty bodies were recovered to-day. There will be no work to-morrow, and Monday agreeably reduced forces will be put to work. All the contractors will cut down their forces. R L. Johnston, President Judge of Cambria county, to-day issued an order closing all the saloons and liquor places in Johnstown and surrounding boroughs and townships until otherwise ordered. Unless the order is strictly obeyed the Court says the license of the violators will be revoked.


Article from Richmond Dispatch, June 23, 1889

Click image to open full size in new tab

Article Text

TEN THOUSAND Is Now the Estimated Loss of Life at Johnstown. [By telegraph to the Dispatch.] JOHNSTOWN, June 22.-All the local physicians met accidentally at the BedfordStreet Hospital last night. They represented all parts of the stricken city, and after discussing the calamity joined in the conclusion that not less than 10,000 people were lost in the flood. On account of the general knowledge of the people possessed by the physicians the estimate is looked upon as reliable. Twenty-four of the portable houses from Chicago were assigned to the same number of the most destitute families here to-day. The houses are expected to reach here tomorrow. A car-load of stoves reached here to-day from Pittsburgh. They, with other necessary furnishment, will be placed in the portable houses as they are assigned. County-Treasurer Howe to-day had notices posted stating that he would be here July 3d for the purpose of collecting taxes. But little of the property assessed can be found. and the tax-payers left here feel outraged at the posting of the notices, many of which have been torn down and destroyed. The First National and the Johnstown Savings Bank resumed business to-day. Twenty bodies were recovered to-day. There will be no work to-morrow. and on Monday a greatly reduced force will be put to work. All the contractors will cut down their forces. R. L. Johnston, the present judge of Cambria county, to-day issued an order closing all the saloons and liquor places in Johnstown and the surrounding boroughs and townships until otherwise ordered. Unless the order is strictly obeyed, the Court says, the license of the violator will be revoked.


Article from Pittsburg Dispatch, June 23, 1889

Click image to open full size in new tab

Article Text

[FROM A STAFF CORRESPONDENT.I JOHNSTOWN, 22.-County Treasurer Howe notified the people to-day that he would be in Johnstown July 3 to collect the county tax. Many have been under the impression that no taxes would be gathered this year. When the posters were put up the people were very indignant and tore them down. There is a universal howl over the matter, and Mr. Howe will have an elephant on his hands when he arrives here to collect the money. Unless the commissioners exonerate the property owners the taxes will have to be paid. Mr. George Gramling, who lived near the dam, is authority for the statement that the break in the dam did not occur at once, but that the water overflowed and falling down washed away the embankment. The opening grew larger and some of the water ran out. It was 15 minutes before the dam broke away entirely. If the rush had occurred at once the damage would have been greater. Mr. Gramling claims that the dam was in good condition. The Finance Committee met this a ternoon and assigned 24 houses that will be here to-morrow morning. The other 76 of the first 100 are not expected toarrive before Tuesday. These houses were given to the most worthy and needy persons that the committee could find. SHELTER FOR EVERYBODY. In a short time it is hoped there will be enough houses to protect everybody. The furniture for the houses has been ordered, and consists of an outfit that will answer all immediate purposes. Applications for houses can be made at the Cambria Iron Company's office and at Moxham's. The First National and Johnstown Savings Banks resumed business for the first time since the flood this morning. The people are beginning to brighten up, and a happier feeling prevails. The officers are speculating how long it will be necessary to maintain the commissary departments. Colonel Spangler detailed officers to-day to visit the various places and find out the number or stores, men earning wages, etc. Two of these officers reported to-night, but the question is SO serious that the Colonel had no desire to express an opinion. It is certain that the time has not yet come for contributions to cease, and the less said on this subject will be for the best. SOME HEAVY LOSSES. The following named persons suffered these losses: Colonel C. T. Frazer, $40,000; St. John's Church, $125,000. insurance, $22,000; John McKenna, $21,000; John Parkes' estate, $50,000; Jacob Livergood's estate, $25,000; electric light company. $40,000; James A. McMillin, $10,000; J. W. Stevenson, $15,000; the Misses McCabe, $10,000; W. G. Stewart & Co., grocers, $50,000; Jacob Fockler, $12,000, and many others who lost greater and smaller amounts One of the most serious losses of the Cambria Iron Company is a number of valuable patterns, that cannot be duplicated, that were carried away. Some of them were found at Sang Hollow, and this led the company to send out men to search for them, but no more were recovered. MANUFACTURING ENTERPRISES. The Johnstown Gas and Water Company will begin the work of reconstructing its gas works next week. The water pipes are in good shape. The Johnstown Manufacturing Company will resume work next Monday. The electric company is now furnishing light for the streets and some houses. They are running two incandescent and one are machine. Father Tahanev says the insurance companies are very slow in paying up. As soon as he receives the $22,000 insurance he will commence to rebuild St. John's Church. The Red Cross People have erected new tents and a lying-in hospital in the Seventh ward. The citizens raised a flag over the structure, and Dr. Pancoast of Philadelphia, the famous surgeon, who was here today conducted the dedicatory services. Religious services will be held in various places to-morrow. Some of the meetings will be out of doors at street corners. ISRAEL.


Article from The Indiana State Sentinel, June 26, 1889

Click image to open full size in new tab

Article Text

HOUSES FOR THE HOMELESS. Portable Dwellings For the Flood Sufferers -Twenty Bodies Found. JOHNSTOWN, Pa., June 22.-Twenty-four of the portable houses from Chicago were assigned to the same number of the most destitute families here to-day. The houses are expected to reach here to-morrow. A car-load of stores reached here to-day from Pittshurg. They, with the other necessary furnishment, will be placed in the portable houses as they are assigned. County Treasure Howe today had notices posted stating that he would be here July 3 for the purpose of collecting taxes. But little of the property assessed can be found and the tax-payers left here feel outraged at the posting of the notices, many of which have been torn down and destroyed. The First national and the Johnstown savings bank resumed business to-day. Twenty bodies were recovered to-day. JOHNSIOWN, June 23.-There was no trouble among the workmen here in any way to-day, and there seems to be a general belief that the authorities have won the contest and are masters of the situation. All the saloons in the place were closed to-day by order of Gen. Hastings and there was little or no disorder. Thirty-two bodies were taken from the wreckage to-day, the largest nunber found for several days. Six of those recovered belonged to one family and were found in one foundation near their former home. Besides the bodies, several parts of human bodies were found. Owing to the fact that many bodies recovered to-day were found in cellars, Gen. Hastings has arranged with Contractor Suppe, a resident here, to put a force of men to work in looking after the cellars of the city. JOHNSTOWN, Pa., June 23.-Col. Spangler, in charge of the commissary department, to-day presented his weekly report to Adjt.-Gen Hastings. The report shows 25,000 people still being daily fed here by the state, a reduction in the number of 3,500 during the week. Mr. Spangler recommends the relief money be turned over to the citizens, and that necessary supplies be purchased from sixteen general stores and three bakeries now running here. The report suggests that one-third of the present commissaries be abolished Wednesday next. The town clerk of Cambria borough has just completed a list showing in that place alone 325 houses have been entirely swept away; not even a trace of them can be found. The bodies of two women, a child and a Chinaman were found to-day.


Article from Grand Forks Herald, February 27, 1934

Click image to open full size in new tab

Article Text

VALLELY WILL KEEP BANK RECEIVER Aides of O'Connor Defend Appointment. WASHINGTON sentatives of the comptroller of currency said Monday the removal of John Vallely of Grand Forks, N. of the First Nareceiver tional bank of Johnstown, Pa., despite the pronot contemplated test against his retention. that Vallely was Denying as charged litical appointee, he was officials explained protests, O'Connor selected by Comptroller he could was felt because the bank the affairs minister manner and impartial completely knowledge the without led to the failure which situation the institution. of Vallely's retention Opponents demanded for have the removal of Allen Rhodes, conservator for the bank, and offisaid Monday that two weeks Vallely's Rhodes had requested that he not receiver. further stated that Rhodes 90 day leave absence from the ists fice, and that he now is back his regular As to Vallely's qualifications the job, officials said he regardsound, oughly efficent. If deemed sary the comptroller will send petent assistants to handle details.


Article from Intelligencer Journal, April 17, 1934

Click image to open full size in new tab

Article Text

WON'T CHANGE BANK RECEIVER IN JOHNSTOWN Treasury Henry Morgenthau, Jr., said Monday he saw "no reason" to change the receiver for the First National Bank of Johnstown, Pa. said he had ordered an