Citizens Bank - Ansonia, OH

Bank Information

Episode Type: Suspension → Reopening
Bank Type: state
Start Date: November 1, 1907*
Location: Ansonia, Ohio (40.214, -84.637)

Metadata

Model: gpt-5-mini
Short Digest: 0a81fd8c

Response Measures

None

Description

Newspaper items (Nov–Dec 1907) report the Citizens' Bank of Ansonia was placed in the hands of a temporary receiver during the tight money market; receivership was later terminated and the bank found solvent. There is no explicit description of a depositor run in these excerpts, so I classify this as a suspension (receivership) with subsequent reopening. I corrected small OCR punctuation (Citizens' Bank spelled with apostrophe in some items).

Events (4)

1. November 1, 1907* Suspension

Cause: Macro News
Cause Details: Tightness in the money market (general liquidity squeeze) prompted mutual agreement to place the bank in receivership to protect creditors and stockholders.
Newspaper Excerpt: The tightness in the money market has affected but one bank in this vicinity, that being the Citizens' Bank of Ansonia, and by mutual agreement the court last week appointed W. J. Ross temporary receiver.
Source: newspapers

2. November 21, 1907 Other

Newspaper Excerpt: 18585-W. J. Ross and others VS Citizens' Bank of Ansonia, O.; application for receiver.
Source: newspapers

3. November 28, 1907 Other

Newspaper Excerpt: W. J. Ross and others vs Citizens' Bank of Ansonia. To protect creditors and stockholders of above bank it was found necessary to appoint a receiver to take charge of property and assets, and W. J. Ross was appointed as such receiver.
Source: newspapers

4. December 19, 1907 Reopening

Newspaper Excerpt: W. J. Ross et al vs The Citizens' Bank of Ansonia. Finding that said defendant is in solvent circumstances and that receivership of same be terminated.
Source: newspapers

Newspaper Articles (4)

1. November 21, 1907 The Greenville Journal Greenville, OH

Article from The Greenville Journal, November 21, 1907

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COURT HOUSE NEWS. PROBATE COURT. Last will of Jacob F. Mauk admitted to probate and record:and John S. Mauk was appointed executor under said will. Bond $10,000. Final account filed in estates of William Marker and Julia A. Besecker. L. T. DuBois was appointed administrator of estate of Samuel G. Sheets. Charles A. Roll was appointed guardian of William G. Felton. Bond $300. State of Ohio VS Ormal Kellogg. Defendant released on recognizance of $300. Inventory filed in estate of Lucy Stemmer. In the matter of the Zeeck ditch. Cause heard and taken under advisement until November 19 at 9 a.m. Causes consolidated, appeals perfected and jury drawn; hearing November 26 at 9 a.m. First and final account filed in guardianship of Perry J. Houk, and final account in estate of Clayton Brown. Sale of real estate confirmed and deed ordered in estate of Margaret J. Welbaum. Application filed for appointment of a guardian for John W. Murray; hearing November 25 at 9 a.m. First and partial account filed in estate of Jesse R. Hyer. MARRIAGE LICENSES. Daniel T. Metzcar, 24, painter, Lightsville, and Anna Redinbaugh, 19, Rossburg. Joseph F. Hascher, 26, clerk, Greenville, and Jessie Piatt, 23, New Madison. Ira W. Baker, 22, farmer, near Brookville, and Martha Small, 21, Franklin township. Albert P. Mote, 29, rural mail carrier, Laura, and Margaret V. Murphy, 23, Gettysburg. Harley F. Dickey, 23, railroader, and Mary M. Hartzell, 22, both of Adams township. William Drew, 26, farmer 1 Sylvia M. Gingry, 24, both of Butler township. Earl Wright, 21, engineer, and Gazell Ozburn, 18, both of Union City. COMMON PLEAS COURT. NEW CASES. 18585-W. J. Ross and others VS Citizens' Bank of Ansonia, O.; application for receiver. 18586 Susanna Brandt and others VS Ezra Coate and others; for partition of real estate. 18587 Marie Rossmier vs Geo. Rossmier; for divorce, extreme cruelty charged. COMMON PLEAS DECISIONS. John Fettery VS David Marquith and others. Described mortgage ordered cancelled. J. H. Kendall and C. D. Wright VS James H. Hultz and others. Title quieted in favor of plaintiffs against defendants. Wm. H. Boomershine vs Joseph Ross. Motion to strike out specified matter in second defense herein sustained; leave given defendant to answer by November 26. The committee heretofore appointed to investigate the conduct of certain attorneys in relation to the case of Ollie and James Herron vs Sylvester Ry-

2. November 21, 1907 The Greenville Journal Greenville, OH

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CITY NEWS. James Frost and wife were at Covington, O., last Thursday. J. N. Reigle and family spent Sunday with friends in Ithaca. E. C. Otwell and wife visited the latter's mother in Arcanum Sunday. John Graham of Newville, Pa., was the guest of F. S. Gordon several days the past week. It is some compensation for great evils that they enforce great lessons.-Emerson. Wallace Miesse and Harry Davis were calling on lady friends in Arcanum Sunday afternoon. Louie Steinhilber and family, who moved to Oklahoma City last spring, have returned to Greenville. Henry St.Clair, who has been sick since last May, is reported to be slowly convalescing at the present time. G. W. Ludy, Martin street, this city, visited his brother, C. W. Ludy, at Terre Haute, Ind., a few days last week. Cashier S. A. Hostetter has SO far recovered from his recent attack of heart trouble as to be able to be at the bank some each day. Rev. O. S. Thomas, pastor of the Christian church, has been confined to his home the past week suffering with a mild attack of diphtheria. Leonard Stebbins, aged seventy years, a resident of this city some twenty years ago, died on Tuesday of last week at his home in Muncie, Ind. He leaves his wife and other relatives. The Journal's roll of honor for the past week consists of the following named patrons: # Mrs. Mary J. Thomas, Mrs. Estella Green, John Trowbridge. Don't you want to see your name printed here? Joe Hascher, grocery clerk, and Miss Jessie Piatt, formerly of New Madison, were married last Thursday evening in their newly furnished home on East Water street, in the presence of a few relatives and friends. May happiness be theirs. The tightness in the money market has affected but one bank in this vicinity, that being the Citizens' Bank of Ansonia, and by mutual agreement the court last week appointed W. J. Ross temporary receiver. It is said the bank will pay dollar for dollar. Miss Gertrude Ditman delightfully entertained friends last Thursday evening in honor of Miss Sophia Hart, a former Greenville lady, but now of Kansas City. The engagement of Miss Hart to Mr. J. W. Manahan of Kansas City was announced during the evening, the marriage to take place the latter part of December. They cut pa's trousers down for me, I don't get nothing new; have to wear his old coat out, his old suspenders, too. His hat and shoes don't fit me yet, but I suppose they will some day. And then they'll come to me instead of being thrown away. My sister Grace is twentytwo and she can sing and play! And what she wears is always new-not stuff

3. November 28, 1907 The Greenville Journal Greenville, OH

Article from The Greenville Journal, November 28, 1907

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for a writ of habeas corpus for Lottie Gaskill. COMMON PLEAS DECISIONS. State of Ohio ex rel. Eva Riggle vs J. Deo French. Trial to jury; defendant found guilty as charged and to stand charged in sum of $600 for maintenance of child. H. L. Yount, guardian, etc., V Sarah F. Burke and others. Albert Cromer, one of defendants, agreeing to take described premises at their appraised value the Sheriff is ordered to execute to him a conveyance thereof. Estella E. Dodge vs George W. Poling. On application of plaintiff, case dismissed at her cost. Francis Fahl vs C. N. R'y Co. Cause settled and dismissed at costs of defendant. Laurinda J. Downing vs Mary E. Bicknell and others. Trial to jury; paper writing submitted found to be the last will of Elam White. Mary Horney V Christena Wahl and others. Settled by agreement and will of Lorenz Wahl to stand as valid. W. J. Ross and others vs Citizens' Bank of Ansonia. To protect creditors and stockholders of above bank it was found necessary to appoint a receiver to take charge of property and assets, and W. J. Ross was appointed as such receiver. Frank Cottrell vs Isaac Kerns and others. Demurrer to second f defense in-answer overruled; defendants Isaac Kerns, Uriah Medford, Henry Stammen and Dr. R. A. Pearson to go hence without day and recover their costs, expended herein, from the plaintiff.

4. December 19, 1907 The Greenville Journal Greenville, OH

Article from The Greenville Journal, December 19, 1907

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plaintiff to further plead to said answer. Rufus R. Moore VS Rebecca Moore et al. Sale by Sheriff approved; rights of widow and distribution of funds arising from the sale of real estate continued. Peter Niswonger et al vs Darke County Commissioners et al. Demurrer filed by defendant, Chas. Grilliott, to the second amended answer and cross-petition of named defendant sustained, and said petition dismissed. I. M. Shields vs W. J. Shilt. Application by defendant in error to amend transcript filed October 7, 1907, sustained. W. J. Ross et al vs The Citizens' Bank of Ansonia. Finding that said defendant is in solvent circumstances and that receivership of same be terminated. Wm. P. Willis vs P., C., C. & St. L. R'y Co. Trial to a jury; finding in favor of defendant. The Dorman Grocery Co. V W. S. Gorton. Settled and dismissed. REGISTER OF DEEDS. W. S. Rosser, executor, and others, to Priscilla Harper, lot in Greenville, $1555. Philip Green to Gilbert Lowe, 26? acres in Mississinawa township, $1500. Thomas Beers to Alfred Beers, lot in Greenville, $360. John Q. Helman to Levi L. Landis, 971 acres in Jackson township, $9500. Franklin Kerns to Julia A. Cromer, 1 acre in Brown township, $10. J. C. Barnes to T. J. Burnes, 82 acres in Greenville township, $12,000. Elizabeth Klopfenstein to Mary Gibson, undivided one-eighth of 5 acres in Wabash twp, $50. S. M. Krohn to M. R. Hoffman, three lots in Greenville, $6000. L. H. Croft to Herbert Corbin, lot in Bradford, $110. J. C. Riegel to Catharine Bigham, 1½ acres in Ansonia, $700. Wm. A. Bayless to O. W. Utz, 70 acres in Wabash twp, $4500. Ora A. Lyons to F. J. Magato, lot 399 in Versailles, $10, and lot 398, in Versailles, $1600. C. F. Lyons to F. J. Magato, lot 399 in Versailles, $400. F. J. Magato to C. F. Lyons, part lot 404 in Versailles, $1000. F. J. Magato to Ora A. Lyons, part lot 404 in Versailles, $1000. F. G. Wiley to John Ream, lot in Greenville, $2800. B. F. Stover to M. Scherger and E. Adams, lot in Greenville, $1500. Birdee Royer to Corwin Reigle, lot in Greenville, $4750. Bella Barnes to Frank Fletcher, 80 acres in Washington township, $12,000. Wm. Allread to H. E. Heller, lot in Greenville, $1200. Frank Jones to W. E. Lytle and others, 76 acres in Washington township, $9000. Katie Schultz to George Schultz 42 acres in Wabash twp, $200. Fortunate Texan A