Article Text
Business Breakdown. CINCINNATI. Nov. 2.-J. A. Hemann, president of the suspended banking house of Hemann X Co. has made an assignment toc.P. Bradstreet. No statement of affairs has yet been given to the public.
17242. Hemann & Co. (Cincinnati, OH)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- private
- Start Date
- November 2, 1878
- Location
- Cincinnati, Ohio (39.103, -84.515)
Metadata
- Model
- gpt-5-mini
- Short Digest
3a9750e4
Response Measures
None
Description
Contemporary reports repeatedly describe Hemann & Co. as the suspended banking house and report J. A. Hemann made an assignment to E. P. Bradstreet (bankruptcy/assignment). No articles mention a depositor run or reopening; assignment implies failure and permanent closure. OCR errors in some articles (e.g., Hemann X Co.) corrected to Hemann & Co.
Events (1)
1.
November 2, 1878
Suspension
- Cause
- Bank Specific Adverse Info
- Cause Details
- Bank suspended and the president made an assignment to E. P. Bradstreet (insolvency/assignment); condition of affairs not yet public.
- Newspaper Excerpt
- J. A. Hemann, president of the suspended banking house of Hemann & Co., has made an assignment to E. P. Bradstreet.
- Source
- newspapers
Newspaper Articles (5)
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Article Text
OHIO. CINCINNATI, Nov. 2,-J. A. Hemann, president of the suspended banking house of Hemann & Co., has made an assignment to E. P. Bradstreet. The condition of the bank's affairs has not yet been made public. TOLEDO, Nov. 2.-This morning two plasterers, M. Murphy, married, and Patrick Conley, single, working on the new produce exchange building, stepped upon the end of a swinging scaffold which fell eighty feet to the cellar; Conley was instantly killed and Murphy will die.
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Article Text
Assignment. CINCINNATI, Nov. 2.-J. A. Hemann. pres. ident of the susponded banking house of Hemann & Co., has made an assignment to C.P. Bradstreet. No statement of affairs has yet been given to the public.
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Article Text
ALL AROUND THE GLOBE, The convention of stone cutters of the United States and Canada, in session at New York, adopted resolutions protesting against a further continuance of the convict laber system, In the case of the Government against R. C. Spaulding, ex-navy pay inspector, at San Francisco, for uttering false money pay certificates, the jury returned a verdict of not guilty. A San Francisco telegram says: Senator Sharon disclaims any intention of resigning as stated in the Washington Star. He intends to be in Washington during the winter session. J. A. Hemann, president of the suspended banking house of Hemann & Co., Cincinnati, has made an assignment to E. P. Bradstreet. The condition of the bank's affairs is not yet made public. The Supreme court of Michigan has just decided in two cases tried before it, that the American insurance company of Chicago cannot collect its instalment notes.
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Article Text
Patrick Conley was killed and M. Murphy was fatally injured by a fall from a scaffold at Toledo, Ohio, on Saturday. Captain Prett, U. S. A. is en route to Fort Monroe with 49 Indian children, who are to be educated at Hampton, Va. J. A. Hemann, president of the suspended banking house of Hemann 1 & Co. Cincinnati, has made an assignment to E. P. Bradstreet. The new iron steamship Juan Mio, built at Roach's shipvard for the Cuban trade, left Chester, Pa. Sunday morning for New York, on a trial trip. The public debt statement for Oc. tober shows R decrease in the debt for the month of $1,708, 402.80. Frances Abbott, an aged woman, was found dead at her home,in a basement, New York, on Thursday, with her face partly eaten with rats. Mr. Stephen Wray, one of the last of the old-time merchants of New York city, died sueenly of apoplexy on Thursday morning, at his residence, No. 746 Fifth avenue. A lad from Baltimore. named Michael Long, was killed in Accomac county, Va. on the 12th ult. by falling from a chestnut tree and breaking his neck. John Best, jr. aged about 25 years, of Sample's Manor, in the lower part of Washington county, was drow ned in the Canal near Joel Charles mill, on the 12th ult. Cornelius McCarty, aged 50 years, was instantly killed List Thursday morning at Gunpowder dam, on the water works in Baltimore county, by the accidental falling of a derrick. Josiah Haley, of Cumberland, aged 30 years, was accidentally drowned in Wills creek one day last week. Five prisoners escipel from the Dorchester county jail at Cambridge, Siturday night, by cutting through the floor above them. George R. Collins,a produce dealer, 42 years old, committed suicide Saturdav night by hanging himself in a wood shed in the rea of his dwelling in Baltimore. He was of unsound mind for some time past. Two tramps were arrested at Kankakee, III., Friday,and held in $5,000 bail, for burning a carload of cotton on the Chicago, Burlington and Quincy Railroad, causing a loss of $5,000 to the company. Robert A. Davis was arrested at Kankakee, III. Friday for the murder of Sunnel Rogers at Sharpsbur Allegheny county. PA., eight years 'go. He admits the crime, but says " was unintentional. He gave hi self away to a married woman. with whom he was 100 intimate, and this led to his arrest. Incob France, a well known s) ipping merchant of Baltimore, was shot in the face and severely wounded on Friday last, by a drunken negro named John Pront, whom he had hired to go on board a vessel and to whom he had advanced pay. Prout failed to comply with the contract and France asked hi n to return the money advanced him, when he drew a pistol and fired. The Tribune's dispatch from Keokuk, Iowa,says it has been discovered that A. Mackey, of that city,has been receiving bodies of recently-buried people, graves having been robbed at Beacon. Iowa, and the bodies barreled and shipped. Two barrels were consigned to Mackey on Thursday. but the railroad agent being suspicious opened one and found the boly of John Hynes, who had been recently buried near Beacon. Mackey was arrested, but declares that he is innocent. His assertion is discredited. as the first barrel was taken to the med. ic college at Keokuk, where it sti 1 remains. The college authorities dis-