17406. East End Savings Bank (Columbus, OH)

Bank Information

Episode Type: Run → Suspension → Closure
Bank Type: savings bank
Start Date: January 23, 1905
Location: Columbus, Ohio (39.961, -82.999)

Metadata

Model: gpt-5-mini
Short Digest: c633a877

Response Measures

Full suspension

Other: Placed in hands of a receiver (receivership/closure).

Description

Multiple contemporary newspaper dispatches report a depositor run triggered by the suicide of cashier C.H. Houseman (Jan 23, 1905). Directors closed the bank the same day and placed it in the hands of a receiver; later reports show the receiver paying depositors about 50¢ on the dollar, indicating permanent closure. Bank type not explicitly stated in articles.

Events (3)

1. January 23, 1905 Receivership

Newspaper Excerpt: placed in the hands of a receiver, W. H. English, who gave a bond for $40,000.
Source: newspapers

2. January 23, 1905 Run

Cause: Bank Specific Adverse Info
Cause Details: Panic among depositors precipitated by the suicide of the bank's cashier, C. H. Houseman.
Measures: Directors closed the bank temporarily and then placed it in the hands of a receiver.
Newspaper Excerpt: As the result of a run by depositors, following the suicide this morning of Charles H. Houseman, cashier of the East End Savings Bank, it was closed today by its directors
Source: newspapers

3. January 23, 1905 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Directors closed the bank amid the run triggered by the cashier's suicide; closure intended to protect depositors and allow directors to get familiar with books.
Newspaper Excerpt: The East Side Savings Bank has closed temporarily because of the suicide of the cashier, C. H. Houseman... the directors decided to close the bank
Source: newspapers

Newspaper Articles (16)

1. January 24, 1905 New-York Tribune New York, NY

Article from New-York Tribune, January 24, 1905

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Article Text

SUICIDE CLOSES BANK. Receiver Appointed After Run Caused by Death of Cashier. Columbus, Ohio, Jan. 23.-As the result of a run by depositors, following the suicide this morning of Charles H. Houseman, cashier of the East End Savings Bank, it was closed today by its directors and placed in the hands of a receiver, W. H. English, who gave a bond for $40,000. The news of Houseman's suicide caused a panic among the depositors of the bank, who are mostly residents of the East Side, and the crowd which struggled around the doors of the bank seeking to withdraw deposits became so large that the police were called to preserve order. The run had been in progress less than two hours when the directors decided to close the bank, their action being announced in the following statement: The East Side Savings Bank has closed temporarily because of the suicide of the cashier, C. H. Houseman. This bank had experienced a run in the last two or three weeks, caused by some false rumors, but showed its strength by promptly meeting all demands on it, and the run had subsided. Most of the people who had drawn their money had returned it to the bank for deposit, and the directors thought that there was no further cause for alarm until this morning when they learned that Mr. Houseman had committed suicide. Knowing that a' run was imminent, and in order to protect themselves and the depositors, inasmuch as they had no cashier to take charge of the books who understood the matter thoroughly, they thought it a wise plan to close the doors of the bank temporarily and place the bank in the hands of a receiver until they were afforded an opportunity to familiarize themselves with the details of the bank's business, The financial statement published by Cashier Houseman on October 13, 1904, showed resources of $423,799 91, and liabilities of $423,799 91. Deposits amounted to $384,375. Houseman had worried over the bank's affairs, and in a note which he left to his wife said: My Dear Wife and Family-Another sleepless night and I am so unnerved that I am almost beside myself. I can't tell what will become of me if it lasts much longer. The tin box has all my papers; some of them worthless, but keep them all, as they may be valuable to you. They are all yours. Goodby. Houseman shot himself in the head at his home.

2. January 24, 1905 Daily Press Newport News, VA

Article from Daily Press, January 24, 1905

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Houseman Worried Over Institution's Affairs Until he Was a Nervous Wreck. DIRECTORS CLOSE THE DOORS The Bank is Forced Into Receiver's Hands by the Run Following the Panic Precipitated by the News of Houseman's Tragic End.-Depositors Suspected Something Wrong. (By Associated Press.) COLUMBUS. OHIO, Jan. 23.-As the result of a run by depositors, following the suicide this morning of Cashier Charles H. Houseman, the East End savings bank was closed today by its creditors and placed in the hands of a receiver. Panic, Among Depositors. The news of Houseman's suicide caused a panic among the depositors of the bank, who are mostly residents of the East, and the crowd which struggled around the doors of the bank seeking to withdraw deposits became so large that the police were called to preserve order. Directors' Statement. The directors' in a statement, say the bank was closed to protect themselves and depositors against the run. The bank has a capital of $25,000 and deposits of $384,000. Cashier Houseman had worried over the bank's affairs, and, in a note, which he left to his wife, said: "My Dear Wife and Family: "Another sleepless night and I am so unnerved that I am almost beside myself. I can't tell what will become of me if it lasts much longer." Houseman shot himself in the head at his home.

3. January 24, 1905 The Daily Morning Journal and Courier New Haven, CT

Article from The Daily Morning Journal and Courier, January 24, 1905

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COLUMBOS BANK CLOSED AS RESULT OF A RUN CASHIER'S SUICIDE CAUSES A PANIC AMONG DEPOSITORS. 1 Crowd Struggles About Doors of In. stitution to Get Their Money-Di. rectors Decide to Close the Bank and Place Its Affairs in Hands of Re celiver-Cashier Leaves Note to His Wife-Had Worried Much. Columbus, Ohio, Jan. 23.-As the result of a run by depositors, following the suicide this morning of Cashier Charles H. Houseman, the East End Savings bank was closed to-day by its directors and placed in the hands of a receiver, W. H. English, who gave a bond for $40,000. The news of Houseman's suicide caused a panic among the depositors of the bank, and the crowd which struggled around the doors of the bank seeking to withdraw deposits became so large that the police were called to preserve order. The run had been in progress less than two hours when the directors decided to close the bank, their action being announced in the following statement: "East End Savings bank has closed temporarily, caused by the suicide of the cashier, C. H. Houseman. This bank had experienced a run in the last two or three weeks, caused by some false rumors, but showed its strength by promptly meeting all demands upon it, and the run had subsided. Most of the people who had drawn their money out had returned it to the bank for deposit, and the directors thought that there was no further cause for alarm until this morning, when they learned that Mr. Houseman had committed suicide. Knowing that a run was imminent, and in order to protect themselves and the depositors, inasmuch as they had no cashier to take charge of the books who understood the matter thoroughly, they thought it a wise plan to S close the doors of the bank temporarily and place the bank in the hands of a receiver until they were afforded an opportunity to familiarize themselves 1 with the details of the bank's business." r The financial statement published by I Cashier Houseman on October 13, 1904 follows: t t Resources-Loans and discounts, t $325,779.71; real estate, $13,000; due from h other banks, $34,557.99; furniture and e fixtures, $2,500; cash and cash items, $47,962.21. Total, $423,799.91. Liabilities-Capital stock, $25,000; une divided profits, $14,424.29; individpal deposits, $384,375.62. Total, $423,799.91. Cashier Houseman had worried over the bank's affairs, and in a note which he left to his wife said: / "Another sleepless night and I am SO unnerved that I am almost beside myself. I can't tell what will become of me if it lasts much longer. "The tin box has all my papers-some of them worthless, but keep them all, as they may be valuable to you. n "They are all yours. "Good-bye." g Houseman shot himself in the head at e his home. e

4. January 24, 1905 Alexandria Gazette Alexandria, VA

Article from Alexandria Gazette, January 24, 1905

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Article Text

Suicide of a Banker. As the result of a run by depositors, following the suicide yesterday morning of Cashier Charles H. Houseman, the East End Savings Bank of Columbus, Ohio, was closed yesterday by its directors and placed in the hands of a receiver, W. H. English, who gave a bond for $40,000. The news of Houseman's suicide caused a panic among the depositors of the bank, who are mostly residents of the East Side, and the crowd which struggled around the doors of the bank seeking to withdraw deposits became so large that the police were called to preserve order. The run had been in progress less than two hours when the directors decided to close the bank, their action being announced in the following statement: "East End Saving Bank has closed temporarily, caused by the suicide of the cashier, C. H. Houseman. This bank had experienced a run in the last two or three,weeks, caused by some false rumors, but showed its strength by promptly meeting all demands upon it, and the run had subsided. Most of the people who had drawn their money out had returned it to the bank for deposit, and the directors thought that there was no further cause for alarm until yesterday morning, when they learned that Mr. Houseman had committed suicide. Knowing that a run was imminent, and in order to protect themselves and the depositors, inasmuch as they had no cashier to take charge of the books who understood the matter thoroughly, they thought it a wise plan to close the doors of the bank temporarily and place the bank in the hands of until were to familiarize an a opportunity receiver they themselves afforded with the details of the bank's business." Cashier Houseman had worried over the bank's affairs and in a note which he left to his wife said : "My Dear Wife and Family : Another sleepless night, and I am so unnerved that I am almost beside myself. I can't tell what will become of me if it lasts much longer. The tin box has all my papers; some of them worthless, but keep them all, as they may be valuable to you. They are all yours. Good-by."

5. January 24, 1905 Evening Journal Wilmington, DE

Article from Evening Journal, January 24, 1905

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Suicide Caused Run On a Bank. Columbus, O., Jan. 24.-As the result of a run by depositors, following the suicide of Cashier Charles H. Houseman. the East End Savings Bank was closed by its directors and placed in the hands of a receiver, W. H. Eng. lish, who gave a bond for $40,000. The news of Houseman's suicide caused a panic among the depositors of the bank, and the crowd which struggled around the doors of the bank seeking to withdraw deposits became so large that the police were called to preserve order. The run had been in progress less than two hours when the directors decided to close the bank.

6. January 24, 1905 Waterbury Evening Democrat Waterbury, CT

Article from Waterbury Evening Democrat, January 24, 1905

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Suicide Caused Run on Bank. COLUMBUS, O., Jan. 24.-As the result of a run by depositors following the suicide of Cashier Charles H. Houseman, who shot himself, the East End Savings bank has been closed by its directors and placed in the hands of a receiver, W. H. English, who gave a bond for $40,000. The news of Houseman's suicide caused a panic among the depositors of the bank. who are mostly residents of the east side, and the crowd which struggled around the doors of the bank seeking to withdraw deposits became so large that the police were called to preserve order.

7. January 24, 1905 Daily Kennebec Journal Augusta, ME

Article from Daily Kennebec Journal, January 24, 1905

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SUICIDE OF HOUSEMAN Causes Run on East End Savings Bank -Doors Closed. Columbus. O., Jan. 23.-As the result of a run by depositors. following the suicide, this morning. of Cashier Charles H. Houseman. the East End Savings Bank was closed by the directors and placed in the hands of a receiver. W. H. English. who gave a bond of $40,000. The news of Houseman's suicide caused a panie among the depositors of the bank and the crowds which struggled around the doors of the bank seeking 10 withdraw deposits became so large that the police were called to preserve order. The run had been in progress less than two hours when the directors decided to close the bank. They stated that their action was caused by the suicide of the cashier. Knowing that a run was imminent. and in order to protect themselves and the depositors. inasmuch as they had no eashier to take charge of the books who understood the matter thoroughly, they thought it a wise plan to close the doors of the bank temporarily and place the bank in the hands of a receiver until they were afforded an opportunity to familiarize themselves with the details of the bank's business. Cashier Houseman had worried over the bank's affairs and in a note which he left to his wife said that his tin box had all his papers. some of them worthless Houseman shot himself in the head at his home.

8. January 24, 1905 The Saint Paul Globe Saint Paul, MN

Article from The Saint Paul Globe, January 24, 1905

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RUN ON BANK FOLLOWS SUICIDE OF CASHIER He Worried Himself to Death and the Institution Is Closed High COLUMBUS, Ohio, Jan. 23.-As the result of a run by depositors following the suicide today of Charles H. Houseman, the East End Savings bank was closed today by its directors, and later placed in the hands of a receiver. News of Housenian's suicide caused a panic among the depositors of the bank and the crowd which struggled around the doors of the bank seeking to withdraw deposits became so large that the police was called to preserve order. The bank claims ability to pay in full. The assets are given at $250,000; liabilities $528,799, of which $384,375 are individual deposits. Cashier Houseman had worried over the bank's affairs and in a note left to his wife he said: "My Dear Wife and Family: Another sleepless night, and I am so unnerved that I am almost beside myself. I can't tell - what will. become of me if it lasts much longer. The tin box has all my papers, some of them worthless, but keep them all as they may be valuable to you." Houseman shot himself in the head at his residence.

9. January 25, 1905 The News & Observer Raleigh, NC

Article from The News & Observer, January 25, 1905

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EAST END BANK CLOSES. Following Suicide of Cashier and Run on the Institution. (By the Associated Press.) Columbus, O., Jan. 23.-As the result of a run by depositors, following the suicide this morning of Cashier Charles H. Houseman, the East End

10. January 26, 1905 Reporter and Farmer Webster, SD

Article from Reporter and Farmer, January 26, 1905

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BANK FORCED TO CLOSE. Run on Ohio Institution Follows Suicide of Cashier. Columbus, O., Jan. 24.-As the result of a run on the East End Savings bank of this city, following the suicide of Cashier Charles H. Houseman, the directors closed the bank and later placed it in the hands of a receiver. News of Houseman's suicide caused a panic among the depositors of the bank and the frenzied crowd which struggled around the doors of the bank, seeking to withdraw deposits, became so large that the police were called to preserve order. The run had been in progress less than two hours when the directors met and decided to close the bank themselves.

11. January 26, 1905 The Free Lance Fredericksburg, VA

Article from The Free Lance, January 26, 1905

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Suicide Caused Run on a Bank. Columbus, O., Jan. 24.-As the result of a run by depositors, following the suicide of Cashier Charles H. Houseman, the East End Savings Bank was closed by its directors and placed in the hands of a receiver, W. H. English, who gave a bond for $40,000. The news of Houseman's suicide caused a panic among the depositors of the bank, and the crowd which struggled around the doors of the bank seeking to withdraw deposits became so large that the police were called to preserve order. The run had been in progress less than two hours when the directors decided to close the bank.

12. January 26, 1905 The Columbian Bloomsburg, PA

Article from The Columbian, January 26, 1905

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CONDENSED DISPATCHES. Metable Events of the Week Briefly Chronicled. Both houses of the Wisconsin legislature have voted separately for United States senator, Governor La Follette being named. all hope of rescuing the two miners who were entombed at Mount Hope colliery. near Pottsville, Pa., has been abandoned. One body has been recovered. Thomas A. Edison, the inventor, is resting comfortably at his home in Llewellyn Park, near Orange, N. J., after coming through a serious operation for the removal of a mastoid abscess behind the left ear. William J. Bryan was the guest of honor at a dollar dinner given in Warner hall, New Haven. Conn. Mr. Bryan made it an occasion for indicating the reason why the Democratic party was SO overwhelmingly defeated in the last campaign and also stated what seemed to him signs of promise for a Democratic victory in the next presidential campaign. Tuesday, Jan. 24. The Gountess Buxhoewden, formerly Miss McKnight of Bordentown, N. J., is dead at Nice, France. Richard Croker has sailed for New York. His son. killed by auto accident at Ormond, Fla., will be buried in Brooklyn. King Victor Emmanuel has signed a decree conferring the Grand Cordon of the Crown of Italy on Whitelaw Reid of New York. The congregation of the propaganda at Rome has selected the Very Rev. Thomas F. Hickey, vicar general of the diocese of Rochester, N. Y., as coadjutor bishop of that diocese, with the right of succession. An ice gorge has formed in the north channel, St. Lawrence river, near Farran's Point. N. Y., and the water, settling back, threatens to flood Morrisburg. Efforts are being made to break the gorge with dynamite. As the result of a run by depositors following the suicide of Cashier Charles H. Houseman, who shot himself, the East End Savings bank at Columbus, O., has been closed by its directors and placed in the hands of a receiver. Colonial Secretary Lyttelton has appointed H. Rider Haggard, the novelist, a commissioner to inquire into the conlitions and character of the agricultural and industrial land settlements organized in America by the Salvation Army. Diamonds and other jewelry to the value of $35,000 belonging to Mrs. William D. Edey, wife of a prominent member of the New York Stock Exchange, were stolen from a room in the Hotel Maryland at Pasadena, Cal. James Doyle, the head bellboy of the notel, has been arrested on suspicion. Monday, Jan. 23. There have been three distinct earthquakes of increasing force, causing considerable excitement, at Santiago, Cuba. Zoltan Doehme. former husband of Mme. Nordica, has been sued at New York by a maid formerly in the opera singer's employ for $9,000, alleged to be her share of $125,000 the tenor reeeived in settlement of an alienation suit. Four Americans-Dr. R. C. Coy and 1. K. Mackenzie of Chicago, M. A. Call of Toledo, O., and Walter Stubinger of Kowanee, Ill.-and a Mexican driver vere ambushed and killed by Yaqui Inlians four miles east of Cobachi, Sotora, Mexico. Alexander Dowie of Zion City, Mich., the "prophet apostle," is the victim of . stomach trouble which has become ractically chonic. Malnutrition is said O show itself in loss of weight, and his tomach is so weak that much of the time it refuses to retain even the most lelicate foods. While the performers were dressing or the performance of Pucinl's opera, La Cioconda," at the Metropolitan Эрега House, New York, and the audince had already begun to gather, Fritz Pasch, a chorus singer, was found dead tehind the scenes, having hanged himelf with a strap. Saturday, Jan. 21. Major Jacob Ridgeway Wright, a wealthy mine owner of Wilkesbarre, 2a., is dead at New York from the efects of a bullet wound, said to be self afficted. Delegate Randall of Wyoming. who harged President Mitchell with having sold out the Colorado miners. has been expelled from the United Mine Workers if America. Pinched by a lobster on the finger as De WDS trying to put It in a pot of Doiling water. Otto Zimmerman, a chef 11 Pabst's restaurant. New York, is Read as a result of blood poisoning. One of the reasons urged by New Mexico for admissien as a state was the fact that New Mexico supplied

13. February 1, 1905 Vernon County Censor Viroqua, WI

Article from Vernon County Censor, February 1, 1905

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DOMESTIC. Wheat prices are advanced slightly. Senator Smoot said modern inspiration was as authoratative as that in biblical times. The threatened strike of Pennsylvania railroad employees was averted by concessions. Joseph Livermore and J. W. Dickinson were killed yeterday by a railroad train near Palo, Iowa, Dilatory tactics of the defendants in the Milwaukee bribery cases are criticised from the bench. Joseph D. O'Brten of Milwaukee was elected president of the American Association to succeed J. Ed. Grillo. At Jacksonville, III., a needle, swallowed twenty-three years ago, by Mrs. John Butler, was taken from her right arm. New York firemen battled for two hours with a spectacular fire on the East river front. which caused a damage of $100,000 to four buildings. At Ravenna, Ohio, returning from baptismal ceremony. the infant son of Mr. and Mrs. Barney Weideman of Brimfield was thrown from a buggy and killed The suicide of the cashier started a run on the East End Savings Bank of Columbus. Ohio. The directors closed the institution and a receiver was appointed. Dr. H. H. Kane, and two assistants were indicted in New York on complaint of a patient, who alleges that he paid $10,000 for radium treatment of kidney disease. New York and other Atlantic coast points are in the grip of the fiercest blizzard since 1888. More than a foot of snow fell, the temperature was close to zero and a gale raged. Much legislation adverse to insurance companies is expected in the western states this year. Many bills already have been introduced alming at the regulation of the business. Stephen B. Roath, who made his fortune in Chicago, gives to his relatives $1,000,000 because he wishes to see them enjoying life. The gift is the second of its kind within a year and a half. Andrew Carnegie has offered to give Iberlin College $125,000 for a library building, conditioned upon the raising

14. February 1, 1905 The Star Reynoldsville, PA

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Savings Bank Closed. As the result of a run by depositors, following the suicide of Cashier Charles H. Houseman, the East End Savings Bank of Columbus was closed by its directors and placed in the hands of a receiver, W. H. English, who gave bond for $40,000.

15. February 24, 1905 Evening Times-Republican Marshalltown, IA

Article from Evening Times-Republican, February 24, 1905

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Receiver W. T. English of the East End Savings bank of Columbus, O, says that the bank will pay depositors about 50 cents on the dollar.

16. March 2, 1905 The Plymouth Tribune Plymouth, IN

Article from The Plymouth Tribune, March 2, 1905

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WESTERN. Whistling of hymns by men who can't sing has been introduced in Emmanuel Methodist Church in Evanston, III. Receiver W. T. English of the East End Savings Bank of Columbus, Ohio, says that the bank will pay depositors about 50 cents on the dollar. Grove Walter, former assistant State S attorney of Chicago, who mysteriously disappeared in Los Angeles several days ago, was located in San Diego. The Adolphus Busch glass works building in St. Louis has been destroyed by fire, with a loss of $75,000. The loss of the plant throws 500 employes out of work. While a woman performer was dancing about the stage of the Chicago Opera House in that city a man in the balcony committed suicide by shooting himself. Johnson Richards, a young Chicagoan estranged from his bride and mourning her as a victim of the Iroquois theater horror, has found her in a Detroit hospital, and a reconciliation followed. Fire in Hot Springs, Ark., caused the death of three persons and a property loss of more than $1,000,000. Two thousand persons were made homeless. The fashionable hotel section escaped damage. Major James C. Carlton, president of the National Mexican War Veterans' Association, is dead at Bedford, Ind., as the result of a stroke of paralysis. He was 73 years old and a member of Scott Legion. One of the largest department stores in Omaha has issued orders that all female clerks shall wear black garments, part their hair in the middle and discard all jewelry. The clerks may strike rather than comply with the order. The Standard Oil Company is said to have purchased two independent concerns in Kansas in an effort to buy up all firms outside the "trust" and acquire control of any evidence that might be damaging in the pending investigation. One fireman was killed, five were injured, and property valued at between $35,000 and $40,000 was destroyed in a fire which started in the planing mill of the International Woodwork Company on the south side of Milwaukee. The roof of a building being reconstructed for a theater collapsed in Marysville, Cal., on account of a defective truss. A. Merry of Sacramento, proprietor of the theater, was killed and Guy Putnam and Charles Bagge, workmen, were seriously hurt. Adolph Weber, aged 20, who is accused of killing his mother, father, sister and brother and of burning the family residence in Auburn, Cal., to hide the crime, was convicted of murder in the first degree for taking the life of his mother. The jury was out fifteen hours. The lower house of the Missouri Legislature has unanimously adopted a resolution offering $1,000 reward for the arrest of the person or persons who stole the original of the amended bill passed by the House repealing the breeders' la and prohibiting pool selling on horse races. Gov. Hoch has signed the bill providing for separate high schools for whites and blacks at Kansas City, Kan. The whites demanded separate schools as the result of the stabbing of a prominent white pupil by a negro boy. He signed the bill. he says, because local conditions demanded it. In a rush to get to lunch, Walter Nettleton of Grand Marais, Mich., aged 16, fell into a vat of boiling logs in creosote. With weather below zero and his body literally cooked from the waist down, he ran home one mile and died. He refused to be carried to save his father the shock. Edward Donalne will die on the gallows for the murder of A. N. Northrup last October. Donahue induced A. K. Northrup of Benton Harbor, Mich., a wealthy farmer, to drive with him to Miller station, Ind., shot him, it is alleged, and fled with the farmer's horse. He was captured at Syracuse. The Supreme Court in Bismarck, N. D., affirmed the decision of Judge Pollock giving a judgment to the Reidler & Robinson Lumber Company against the Coe Commission Company for $8,667 for money claimed to have been lost in gambling transactions by an agent of the lumber company at Casselton. John Henry Vier, United States deputy marshal of Indian territory, has been shot and killed in the territory sixteen miles west of Siloam Springs, Ark., by Charlev Wickley Cherokee Indian.