Commercial Bank & Savings Company

Bank Information

Episode Type: Run → Suspension → Unsure
Bank Type: state
Start Date: November 30, 1929
Location: Bowling Green, Ohio (41.375, -83.651)

Metadata

Model: gpt-5-mini
Short Digest: 22434ba0

Response Measures

Full suspension

Other: Bank name in article printed as 'Commercial Savings and Banking Company'; provided bank name 'Commercial Bank & Savings Company' appears to be the same institution (minor OCR variation).

Description

Article (Telegraph-Forum, 1929-11-30) reports heavy withdrawals and directors' fear of a run, and that the Commercial Savings and Banking Company at Bowling Green voluntarily closed its doors today while the State Banking superintendent conferred with directors. There is no mention of receivership, takeover, or reopening in the provided text, so I classify this as a run leading to suspension with outcome unsure. OCR corrected bank name spacing; no other significant corrections.

Events (2)

1. November 30, 1929 Run

Cause Details: Directors reported heavy withdrawals in the days preceding closure; no specific trigger (rumor, correspondent failure, or macro shock) is identified in the article.
Measures: Notified State Banking Department; directors met with State Banking superintendent to consider response.
Newspaper Excerpt: There has been heavy withdrawal of funds there during the past few days, it was known here when the State Banking department announced...
Source: newspapers

2. November 30, 1929 Suspension

Cause Details: Bank voluntarily closed its doors amid heavy withdrawals and directors' fear of a run; closure appears to be a voluntary suspension rather than a government-ordered action.
Newspaper Excerpt: Commercial Savings and Banking Company at Bowling Green voluntarily closed its doors today, it became known here when the State Banking department announced...
Source: newspapers

Newspaper Articles (1)

1. November 30, 1929 Telegraph-Forum Bucyrus, OH

Article from Telegraph-Forum, November 30, 1929

Click image to open full size in new tab

Article Text

BUCYRUS Don A & Lineman, Boyer, Hurled Over Trolley Wires By Explosion DIES IN CLEVELAND Don Boyer, 23, son of Mr. and disbanded and the cash assets apporMrs. William Boyer, of this city tioned among the members. She preCleveland hospital this sents her case an answer to an in< died at a junction proceedings instituted some afternoon from injuries received time ago by H. Dewhirst, the colwhen accumulation of gas an ony's attorney. while he and another exploded Dewhirst asked that "Queen" Mary workman, Harold Washler, be restrained from participating in attempted to remove any way in the colony's affairs. an ice-coated manhole cover. Dewhirst is accused by "Queen" employed by the Ameri- Mary of attempting to starve her out, Boyer was can Telephone and Telegraph Com- together with her followers. pany as lineman and left here to Hearing on the petition will be held work Cleveland two weeks ago. December The explosion believed to have been caused when spark struck by pick in the hands of one of the ignited gaspocket in the men man whole. The force of the explosion hurled the two men into the air nearly 20 BOWLING GREEN feet. The Bucyrus man was tossed off his feet and thrown over trolley wires under which they were workHis skull was fractured by the ing. Feared "Run" On Bank Due impact of his fall. Weshler's condition is reported as To Heavy Withdrawal Of critical he not expected Funds Lately live, according to attaches at the hospital where the two men were taken. COLUMBUS, O., Nov. 30 The Boyer was graduated from the BuCommercial Savings and Banking cyrus High school with the class of Company at Bowling Green voluntarand was married to Violet ily closed its doors today, it beCouts, who survives him. He lived at came known here when the State 315 Short street. Banking department announced that Local relatives were informed of Gray, State Banking superthe accident shortly after it occurred intendent, was in Bowling Green conthis morning, but at o'clock this ferring with the board of directors afternoon were unaware of his death. of the bank. In addition to his Boyer is According to information here, disurvived by his parents, and three rectors of the upstate bank feared sisters: Dorothy. and Harriett. at "run" on the There has and Mrs. Charity Sullivan, of been heavy withdrawal of funds Bucyrus. there during the past few days, it