Dollar Savings Bank - Bridgeport, OH

Bank Information

Episode Type: Suspension → Closure
Bank Type: savings bank
Start Date: April 1, 1926*
Location: Bridgeport, Ohio (40.072, -80.744)

Metadata

Model: gpt-5-mini
Short Digest: db335550

Response Measures

None

Description

Article (Apr 22, 1927) states 'The Dollar Savings Bank here closed year ago' and that the state banking department was handling liquidation with funds tied up. No run is described in the text; the bank had previously closed and was in liquidation.

Events (1)

1. April 1, 1926* Suspension

Cause: Voluntary Liquidation
Cause Details: Bank had been closed and was in liquidation handled by the state banking department; funds for dividends tied up during liquidation.
Newspaper Excerpt: The Dollar Savings Bank here closed year ago. The Bridgeport Bank company was depository for the state banking department in the liquidation of the Dollar Bank and the funds that had been collected for payment of dividend to depositors in the defunct bank are tied up anew.
Source: newspapers

Newspaper Articles (1)

1. April 23, 1927 The Urbana Daily Citizen Urbana, OH

Article from The Urbana Daily Citizen, April 23, 1927

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Article Text

87th Ohio Assembly Closes Work In All-Night Session $200,000 GONE SO OHIO BANK CLOSES DOORS By United Press BRIDGEPORT O., April 22-A notice stating the Bridgeport Bank company had been closed by the directors pending the examination of records. was posted on the door of the concern's new banking room this morning. A bank official was said to have confessed defalcations that may approximate $200,000. The Dollar Savings Bank here closed year ago. The Bridgeport Bank company was depository for the state bank ing department in the liquidation of the Dollar Bank and the funds that had been collected for pay ment of dividend to depositors in the defunct bank are tied up anew. The bank is the seventh to fail in this part of Ohio in three years. Nine Measures Backed By Republican Majority Members Are Enacted. By United Press O., April 22.Amid scenes of boisterous disord. er the 87th Ohio general assembly completed its work early today and after an all-night session re cessed until May The senate quit work at 3:20 o'clock this morning and the house finished its task just twenty minutes later. Before adjourning both branches indefinitely postponed action on all bills remaining on the calen. dars. This virtually means the death of every bill which had not passed the two branches as the action was intended to prevent the bills being revived when the re. cess ends. By United Press tion enacted by the 87th general as sembly included nine measures backed by the Republican majority members as program" bills dealing with taxa tion and financial problems They were The Aigler corporation franchise tax: the Kumler utilities clse tax Sullivan gasoline tax in crease; Kreuger act. providing uni form method for Issuance of bonds by counties. municipalities and school boards Jones act repealing Inter for ten-mill tax limitation recod ifying the taxation Norton bill relieving counties and townships of further financial co-operation build Ing main highways the $50,000.000 general appropriations hill the Jones emergency bill. authorizing school boards to borrow in of distribution of funds for weak school districts Dode rect tax levy bill, vetood by Donahey Bolton Bill isses As supplemental bill the legislature passed the Bolton emer geney authorizing the state to borrow $750,000 the constitutional Ilm It. to meet current operating needs Some of the most controversial measures before the assembly and which widespread general Interest killed or permitted to die without final action Among these were The Hill measure to prohibit Sun day dancing and roller skating: the (Continued on Page Two)