Article Text
Aberdeen, O.-Receiver W. A. Rist is winding up the affairs of the defunct Aberdeen Banking Co., which went to the wall in June, 1907, followed by tie suicide of its president, D. A. Fawcett. Depositors will get 5 cents on the dollar.
17069. Aberdeen Banking Company (Aberdeen, OH)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- June 1, 1907*
- Location
- Aberdeen, Ohio (38.656, -83.761)
Metadata
- Model
- gpt-5-mini
- Short Digest
c8c49cc2
Response Measures
None
Description
Article states the bank went to the wall in June 1907 followed by the president's suicide; a receiver is winding up affairs in 1909 and depositors will get 5 cents on the dollar. No run is mentioned. Classified as suspension leading to permanent closure/receivership.
Events (2)
1.
June 1, 1907*
Suspension
- Cause
- Bank Specific Adverse Info
- Cause Details
- Bank failed (went to the wall) in June 1907; president D. A. Fawcett committed suicide, indicating severe bank-specific distress
- Newspaper Excerpt
- which went to the wall in June, 1907
- Source
- newspapers
2.
October 7, 1909
Receivership
- Newspaper Excerpt
- Receiver W. A. Rist is winding up the affairs of the defunct Aberdeen Banking Co., which went to the wall in June, 1907, followed by the suicide of its president, D. A. Fawcett. Depositors will get 5 cents on the dollar.
- Source
- newspapers
Newspaper Articles (1)
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