16972. First National Bank (Williamsport, PA)

Bank Information

Episode Type
Suspension โ†’ Closure
Bank Type
national
Bank ID
175
Charter Number
175
Start Date
September 30, 1892
Location
Williamsport, Pennsylvania (41.240, -77.036)

Metadata

Model
gpt-5-mini
Short Digest
8f065f394141ef15

Response Measures

None

Description

Articles (dated Sept. 30โ€“Oct. 1, 1892) report the First National Bank of Williamsport was placed in the hands of a receiver by the Comptroller of the Currency and wound up; depositors were paid in full and the assets were turned over to a new official. No run is described; the bank was closed and settled under a receiver (government action).

Events (3)

1. December 28, 1863 Chartered
Source
historical_nic
2. September 30, 1892 Receivership
Newspaper Excerpt
At a meeting of the stockholders of the First National Bank, called by the Comptroller of the Currency, Daniel B. Dickens was chosen agent. Receiver Collins, who has completed his work, will turn the assets over to the new official at once. All the depositors have been paid in full with interest, and the only loss will be to the stockholders, who will realize about 65 per cent.
Source
newspapers
3. October 1, 1892 Other
Newspaper Excerpt
The affairs of the First National Bank of Williamsport, Pa., have been settled by a receiver.
Source
newspapers

Newspaper Articles (2)

Article from Evening Journal, October 1, 1892

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Article Text

The affairs of the First National Bank of Williamsport, Pa., have been settled by a receiver. Are not the Republicans afraid that there will be some "wild cats" among the national banks before they get done howling.


Article from Pittsburg Dispatch, October 1, 1892

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Article Text

Williamsport Depositors Paid in Full. WILLIAMSPORT, Sept. 30.-At a meeting of the stockholders of the First National Bank, called by the Comptroller of the Currency, Daniel B. Dickens was chosen agent. Receiver Collins, who has completed his work, will turn the assets over to the new official at once. All the depositors have been paid in full with interest, and the only loss will be to the stockholders, who will realize about 65 per cent.