17401. Columbus Savings & Trust Company (Columbus, OH)

Bank Information

Episode Type
Run Only
Bank Type
trust company
Start Date
January 1, 1905*
Location
Columbus, Ohio (39.961, -82.999)

Metadata

Model
gpt-5-mini
Short Digest
c0eb0e6f

Response Measures

Accommodated withdrawals, Public signal of financial health, Books examined

Description

Articles (1913) reference testimony that in 1905 state treasury funds ($40,000) were used to stop a run on the Columbus Savings & Trust Co. The snippet calls the bank 'defunct' in 1913, but the articles do not describe a suspension, receivership date, or link the 1905 run to a later closure. Therefore classification is 'run_only' (a run occurred in 1905 and was stopped by state funds).

Events (1)

1. January 1, 1905* Run
Cause Details
Article does not specify the trigger for the 1905 run (only that state treasury funds were brought to stop it).
Measures
State treasury messenger carried $40,000 from the state house to the bank and it was shoved through the cashier's cage to meet withdrawal demands.
Newspaper Excerpt
State treasury funds, ostentatiously displayed, were used in 1905 to stop a run on the Columbus Savings & Trust Co.
Source
newspapers

Newspaper Articles (2)

Article from The Greenville Journal, April 17, 1913

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Article Text

Buckeye Notes Lancaster. - Yeggs cracked the postoffice safe and robbed the general store at North Berne, near here, obtaining $69 in stamps, some money and groceries. Cincinnati. - Mrs. Elizabeth Cox, mother of George B. Cox, former political leader and financier of this city, died suddenly here. Mrs. Cox was 85. Steubenville. - Thirteen thousand volts of electricity passed through the body of Thomas Noah, 45, of Toronto, O., and he is alive. Sandusky.-August Schmidt, jr., 59, business man, died at his home here after an illness of several years. Mr. Schmidt, who started out in life a poor boy at New Baltimore, Mich., was at the time of his death president of the Third National Exchange bank, the A. Schmidt, Jr., & Bros. and the DuRoy & Haines Wine Cos., the Sandusky & Islands Steamboat Co., operating the steamer Arrow, and the B. P. Sexton Co., a wholesale wine and liquor concern. East Liverpool. - The strike of retail clerks came to an end. Merchants won in that'they will not be asked to employ union help exclusively, but all other differences will be settled by arbitration. Chardon. - Andrew Carnegie has offered a donation of $7,500 to Burton for a public library. The amount is conditioned on the appropriation by the town of a sum for maintenance. Columbus. - State treasury funds, ostentatiously displayed, were used in 1905 to stop a run on the Columbus Savings & Trust Co., according to testimony given in the state investigation of the defunct bank. Zachariah R. Jackson, for many years messerger of the state treasury, told of carrying $40,000 from the state house to the bank, where it was shoved through the cashier's cage while a long line of people stood waiting to withdraw their deposits. Findlay. - To recover $12,955.89 alleged to be due him as a balance of payment for $350,000 worth of oil lands sold by him to Fred Edwards of Cleveland, W. V. Coons, also of Cleveland, filed suit common pleas court here. The King Crowther corporation of Boston and the Citizens Savings & Trust Co. of Cleveland are named as codefendants. Gallipolis. - Judge Charles W. White, prosecuting attorney of Gallia county, Civil war veteran, died suddenly. He was 74 years of age. Zanesville.-The government could not give Zanesville a pontoon bridge to string across the muskingum river to Putnam, so the county commissioners ordered cables from Cleveland and will build one themselves. St. Marys. - Thomas J. Scott, seventy, one of St. Marys' wealthiest citizens, died after a brief illness. His widow survives. Elyria. Fire, supposedly caused by spontaneous combustion, destroyed the Lake Shore R. R. loading and coal docks in East Elyria. The docks were valued at $50,000 and are a total loss, together with 600 tons of coal. Columbus.-National guardsmen on duty in the flooded districts are being rapidly relieved from duty. By the end of next week only a small part of the 5,000 soldiers first called to duty will remain. East Liverpool.-Approximately 300 clerks employed in the retail stores of the city struck, leaving none but proprietors and accountants to wait on customers. The clerks asked higher wages and better working conditions. Youngstown. - Mrs. Luke Rigney, thirty-eight, was fatally shot by John McBride, thirty-five, a roomer at the Rigney home. McBride took refuge in the second story and fired several shots at policemen on the stair landing. Detective Kane seriously wounded McBride in the right side by firing at him from the yard through a window. McBride was taken to the hospital. Mrs. Rigney, a divorcee, declared McBride was jealous of her. Portsmouth. - John Dimler, a yark policeman, and A. L. Robbins of Chillicothe, employed in the circulation department of a Portsmouth newspaper, dropped dead here from heart disease ascribed to excitement over the flood. Roy Alberts, an 18-year-old boy, was drowned when he fell into a water filled basement. James Baker also was drowned when his boat capsized. Smallpox has broken out in East Liverpool. Cincinnati. - The Hamilton county grand jury, in its final report to the court, passed for consideration by the next jury perjury testimony against George B. Cox, former Republican boss. The testimony against Cox was presented after the supreme court held Common Pleas Judge Dickson was in error in quashing the original perjury indictment brought in 1911. In this bill Cox was charged with having falsified when he told the yrand jury in 1906 that he had not received illegally any county treasury inserest. Cleveland-The attention of the coroner was called to the body of Nick Labara, which lies at Hieber's morgue. An investigation of the circumstances following his death may follow. Labara was drowned in a tank at the Central blast furnace. With another workman he was cleanmg the tank. His partner turned from the work a minute, it is said, and when he


Article from Perrysburg Journal, April 18, 1913

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Article Text

Buckeye Notes Columbus The Marine National bank of Ashtabula has agreed to settle with the state for alleged illegal interest paid on funds deposited in that bank by former State Treasurer W. S. McKinnon. Nelsonville, O.-John Sayer, 42, was instantly killed in Mine 207 of the Sunday Creek Coal Co. Sayer's neck was broken by a fall of slate. Bucyrus, O.-W. H. Iams, editor of the Forum, suffered a stroke of paraly sis at the supper table. He is uncon scious and his right side is paralyzed Columbus. - Some love letter written by Robert Day to his wife before their marriage furnished a clew to identifying a large chest of valuable articles at the salvage com mission's headquarters. Mansfield. Clinging to the pilot of the engine with one hand while she held her unconscious com panion with the other, Mary Farber 17, rode more than two miles from the Park-av west crossing where their horse and buggy had been struck by a Baltimore & Ohio passenger train, to the passenger station, where her screams brought assistance. None of the train crew knew that anything had been struck until the station was reached. Miss Farber escaped with but a few slight injuries, while her companion, Fred Lutz, 18, is suffering from two fractures of the skull. Piqua. - The worsted mill of the Orr Felt & Blanket Co. was destroyed by fire. The owners of the plant had just completed repairs of damages suffered by the flood and the 200 em ployes were to have returned to work Columbus. Caught on the Hock ing Valley railway bridge northwes of the penitentiary when trains passed both ways, an unidentified man, who was walking across on the tracks, leaped into the Scioto river and was drowned. New London, O.-Brooding over fam ily troubles, Henry Blockert, a farm er living near here, tried to commit suicide by shooting in the-head. He was taken to a Cleveland hospital and may recover. Steubenville. - Thirteen thousand volts of electricity passed through the body of Thomas Noah, 45, of To ronto, O., and he is alive. Sandusky.-August Schmidt, jr., 59 business man, died at his home here after an illness of several years Mr. Schmidt, who started out in life a poor boy at New Baltimore Mich., was at the time of his death president of the Third National Ex change bank, the A. Schmidt, Jr., & Bros. and the DuRoy & Haines Wine Cos., the Sandusky & Islands Steam boat Co., operating the steamer Ar row, and the B. P. Sexton Co., a whole sale wine and liquor concern. East Liverpool. - The strike o retail clerks came to an end Merchants won in that they will no be asked to employ union help exclu sively, but all other differences wil be settled by arbitration. Columbus. - State treasury funds ostentatiously displayed, were used in 1905 to stop a run on the Columbus Savings & Trust Co. according to testimony given in the state investigation of the defunc bank. Zachariah R. Jackson, for many years messenger of the state treasury told of carrying $40,000 from the state house to the bank, where it was shoved through the cashier's cage while a long line of people stood wait ing to withdraw their deposits. East Liverpool.-Approximately 30 clerks employed in the retail store of the city struck, leaving none bu proprietors and accountants to wai on customers. The clerks asked high er wages and better working condi tions. Gallipolis. - Judge Charles W White, prosecuting attorney of Galli county, Civil war veteran, died sud denly. He was 74 years of age. Zanesville.-The government could not give Zanesville a pontoon bridg to string across the muskingum rive to Putnam, so the county commission ers ordered cables from Cleveland an will build one themselves. St. Marys. - Thomas J. Scott seventy, one of St. Marys' wealthies citizens, died after a brief illness. Hi widow survives. Elyria. - Fire, supposedly cause by spontaneous combustion destrove