East End Savings Bank - Columbus, OH

Bank Information

Episode Type: Run → Suspension → Closure
Bank Type: savings bank
Start Date: April 28, 1888
Location: Columbus, Ohio (39.961, -82.999)

Metadata

Model: gpt-5-mini
Short Digest: ab156134

Response Measures

Full suspension

Other: Cashier Corzillius (OCR) shortage discovered; bank closed its doors.

Description

Article (Sturgis Advertiser, 1888-05-09) reports discovery of a $15,000 shortage in Cashier Corzillius' accounts on April 28, 1888; a run occurred on opening and the bank finally closed its doors. Cause is bank-specific (cashier shortage/embezzlement). No reopening or receivership mentioned in the text.

Events (2)

1. April 28, 1888 Run

Cause: Bank Specific Adverse Info
Cause Details: Discovery of a $15,000 shortage in Cashier Corzillius' accounts (possible embezzlement); immediate withdrawals on opening.
Measures: The bank withstood the run for a while but ultimately closed its doors.
Newspaper Excerpt: Great excitement was created here this morning on the discovery of a shortage in Cashier Corzillius' accounts of the East End bank. A run was made on the bank immediately on opening its doors.
Source: newspapers

2. April 28, 1888 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Closure followed the run caused by the discovered cashier shortage; bank ceased operations (closed its doors).
Newspaper Excerpt: The bank withstood the run for a while but finally closed its doors.
Source: newspapers

Newspaper Articles (1)

1. May 9, 1888 Sturgis Advertiser Sturgis, SD

Article from Sturgis Advertiser, May 9, 1888

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Article Text

Bank Scare. COLUMBUS, O., April28.-Great excitement was created here this morning on the discovery of a shortage in Cashier Corzillius' accounts of the East End bank. A run was made on the bank immediately on opening its doors. The bank withstood the run for a while but finally closed its doors. The amount of Corzillius' shortage is said to be $15,000, for which he has given security on property valued at $31,000.