17192. Cincinnati National Bank (Cincinnati, OH)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
2922
Charter Number
2922
Start Date
June 21, 1888
Location
Cincinnati, Ohio (39.103, -84.515)

Metadata

Model
gpt-5-mini
Short Digest
c35398ab

Response Measures

None

Description

Newspaper reports in June–July 1888 state the Cincinnati National Bank 'will go into liquidation' and that depositors will be paid in full. No run or depositor panic is described. The action appears to be a liquidation/voluntary closure with a plan to reorganize a new bank by leading stockholders (article of 1888-06-21).

Events (4)

1. April 12, 1883 Chartered
Source
historical_nic
2. June 21, 1888 Suspension
Cause
Voluntary Liquidation
Cause Details
Announced liquidation and reorganization by leading stockholders; planned closure/liquidation rather than failure from run or receivership.
Newspaper Excerpt
The Cincinnati and Atlas National banks of Cincinnati are to go into liquidation, and a new bank to be organized by the leading stockholders of the two old organizations, with a capital stock of $500,000.
Source
newspapers
3. July 30, 1888 Other
Newspaper Excerpt
The Cincinnati National Bank will go into liquidation. ... Depositors will be paid in full.
Source
newspapers
4. August 1, 1888 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (2)

Article from The Jackson Standard, June 21, 1888

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Article Text

The Cincinnati and Atlas National banks of Cincinnati are to go into liquidation, and a new bank to be organized by the leading stockholders of the two old organizations, with a capital stock of $500,000. Receiver McConville of the defunct Metropolitan will probably be one of the officers of the new institution.


Article from The Wheeling Daily Intelligencer, July 30, 1888

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Article Text

CONDENSED TELEGRAMS. The break in the canal, near Brighton, N. Y., has been repaired and water let in as fast as possible. Rowell & Co.'s plow works, at Hartford, Wis., were destroyed by fire Saturday morning. Loss, $25,000; no insurance. The planing milland warehouse of the Weston Lumber Company, at Manistique, Mich., burned Saturday night. Loss, $50,000; no insurance. The Cincinnati National Bank will go into liquidation. Last November the capital stock was reduced from $500,000 to $280,000. Depositors will be paid in full. The failure of George D. Morrison, a stock broker and a member of the New York Stock Exchange Board, was announced on the floor of the Exchange yesterday. Aqueduct Commissioner Hamilton Fish, jr., of New York City, has sent his resignation to Mayor Hewitt. It is to take effect at once. Mr. Fish, in his brief note, assigned no reason for his resignation. The Poles of Chicago and all the larger cities of the United States have joined in a petition to Pope Leo, asking him to order the Polish clergy of this country to remove the religious ban from the Polish National Alliance. The exports of specie from the port of New York last week amounted to $241, 984, of which $6,600 was in gold and $235,384 in silver. All the gold and $6,324 in silver went to South America, and $229,060 in silver went to Europe. The City Council of Toronto has passed a resolution asking the Ontario Government and the Canadian Institute to invite the American Association for the Advancement of Science to hold its annual convention in Toronto next year. Senator Wilson, of Iowa, from the Committee on Education and Labor, Saturday reported favorably is the Senate the House bill to create boards of arbitration for settling controversies and differences between railroad corporations and their employes. In a street row at Norfolk, Va., Saturday morning, about 3 o'clock, Peter J. McLean received four pistol-shot wounds and died in a few minutes. The verdict of the Coroner's jury is that McLean was killed by John F. Evans. Both men were prominent sporting characters of Norfolk. is At Belleville, Ill., Saturday night, a Morris Kampler, a molder, aged 26 years, had a quarrel with his wife, of whom he r was extremely jealous. She fled to West Belleville to pass the night with 8 friends. He followed her an hour later e and shot her, inflicting a mortal wound. it Kampler was arrested. e The grand jury at Chicago has returned five additional indictments o against the Bohemian dynamite conspirators. The indictments previously returned charge the four men with general conspiracy to commit murder, and specifically to kill Judges Gary and Grinnell and Inspector Bonfield. The peculiar disease which has affectmany personsabout Rarden, Adams county, O. is extending towards Ripley, 1and prevails over a large section of the country. Several persons have contracted the disease near Decatur. It resem1bles cholera in some symptoms, while it some physicians think it is merely an exaggerated form of flux. e John Anderson has passed the ninth day in the well at Johnstown, Neb. Food and water have been given him regularly, and he is gradually growing stronger. hAn effort was made yesterday to saw re through the roof, but it has been aban doned, as the sand commenced to cave pas in, and Anderson's platform sank inches.