Fourth National Bank - Columbus, OH

Bank Information

Episode Type: Run → Suspension → Reopening
Bank Type: national
Bank ID: 2423
Charter Number: 2423
Start Date: April 28, 1888
Location: Columbus, Ohio (39.961, -82.999)

Metadata

Model: gpt-5-mini
Short Digest: 7cc32b69

Response Measures

Full suspension

Other: Suspension appears temporary (2–3 days) to allow directors to audit; caused by former cashier overdrawing account.

Description

Article (Seattle Daily Post-Intelligencer, 1888-04-29) reports a run (heavy withdrawals by small certificate holders and others) and a suspension of payments by the Fourth National Bank of Columbus due to the former cashier P. W. Corjelina overdrawing his account about $15,000. Suspension described as temporary for two or three days to allow directors to ascertain assets and liabilities, implying eventual reopening.

Events (4)

1. April 23, 1879 Chartered

Source: historical_nic

2. April 28, 1888 Run

Cause: Bank Specific Adverse Info
Cause Details: Withdrawals triggered by discovery that former cashier P. W. Corjelina overdrew his account by about $15,000.
Measures: Bank suspended payments temporarily (notice posted at 10 a.m.) to allow directors to ascertain assets and liabilities.
Newspaper Excerpt: small certificate holders and others made rue on the bank this morning.
Source: newspapers

3. April 28, 1888 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Suspension caused by action of former cashier P. W. Corjelina who overdrew the cashiers account by about $15,000; suspension to allow directors to make exact statement of assets and liabilities.
Newspaper Excerpt: The Fourth ... Bank suspended payment this morning for two or three days. The president posted a notice to the depositors at 10 a.m.
Source: newspapers

4. June 16, 1897 Voluntary Liquidation

Source: historical_nic

Newspaper Articles (1)

1. April 29, 1888 Seattle Daily Post-Intelligencer Seattle, WA

Article from Seattle Daily Post-Intelligencer, April 29, 1888

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Article Text

PACIFIC COAST NEWS. Passengers Indignant at San Francisco, They Publish Their Grievanese w the World-Remit of the Ray District Races. SAN FRANCISCO. April R-The adoos who arrived he from Hong kong and Yokohamaon the was ie two weeks ago and were placed in guarantine tour teen days. hold as nation meeding ou their release and adopted resolut ions couden ains the action of the may or and board of health et San Francisco in detain ng them in quar antine. In view of the fact that the usel ie was tw uty days at sea and preenated a alran bill of health upon her arrival here the resolutions advise all passedgers from Asia to avoid the port of San brancisos The pseaongers are also determined to and copies of the resolutions to the ame clated press and to the principal news papers a China, Japan and India May Pond received acable tram today from the British government of Hongkoug state ing that a calipox is no longer an epidem ie in that port. It is believed that the board of health will soon take action at lowing passengers on China steamers to land upon their arrival here if the steam es present clean bills of he-lth. Teere are now 1800 passengers detained in quar antine. The great majority of them are Chinese storage pamengers. Coreans Going Home. SAN FRANCISCO. April 28 -Four mem bere of the Corean mbassy arrived here from Washington today and will sali for home on the steame: City of New York next Wednesday. The Bay District Races. SAN FRANCISCO. April 23 - Bas Bleu won the first race. one and one-sixteenth miles at the Bay District track today: Susia Scoming second, Carmon third; time 1:51) Intheseven-sighths mile race, Soaoma won: Jubilee second, Camandra third; time 1:10) In the one and one-eighth miles raca Ed McGinnis won; Loveknot second, O. H. Todd thir time 1:55 In the one and three quarter miles race Canny Scot won: Hermed second, Laura Gardner third; time 3:03 There will be auexua day's raoing on Monta for the benefit of the widow of Sidney Marsh, who was killed on the first day of the meeting by a racer flying the truck. Reported Hallread Wreck. OLEAN, N.Y., April 21-The western New York and Pennsy. vania train was ditched this morning near here ported that four persons were killed and thirty five ethers injured. Doctors have left for the scene of the wreck. Later ad. vices from the Western New York and Pennsylvania wreck say that no one was killed. Ten were injured, two of whom were seriously hurt. Run on a Bank COLUMBUS Ohio, April The Fourth Knd Back suspended payment thi-mon. log for two or three days. The president posted a notice to the depositors at 10a m. that owing to the action of the former Cashier, P. W. Corjelina they were obliged to temporarily au pose. The cf. floors: and 00.00 assure the public that all claims will be paid in full. The cash. io overdrew his account some $15,000. small certificate holders and others made rue on the bank this morning. and the suspansion was for the purpose of RIVING the directors an opportually to akoan exact statement of the amets and Habill. tiea. Produced a Rad Impression. LONDON, April 23-General Irnatie has been unanimousy elected president of the Slavonic Honev elent society of at Pete aburg in place of General Durmove. who han previously resigned The election of General Ignatieff has produced a bad impression in Vienna and is considered to bode III to the present peaceful condition of affairs. Heavy Earthquake. Biogs, Cal. April 18. One of the beaviest eartbouskes ever experienced here, occurred as 1:15 o'ock this evening, , lasting 75 accoude. The viorations were from east to west. Many pias tered buildings Wela cracked. Maltnomah Democrats. PORTLAND, Ogn., April 28.-(Special) The Democratic county convention of Multnomah county was held today. The convention ananimously endorsed the platform adopted by the Democratto state convention. The following Economations were made Sterif, R.H. Thompson; clark of county court, Geo. McD. Studd; clerk of circuit court, Obas. J. Christic; recorder, Wm. T. Curry; treasares, Thea. Hoslbirg; as. sessor, Wm. J. McQaina; caroner, Dr. H. Hicks: county commissioners, Elljab Corbett and Jobn L. Dean; survey or, N. B. Whitfield. They Only Retalissed. TUCKON, April 28. Ten Indians brought here from the San Carlos Indiao reservation have had a bearing be fore Commissioner Hughea who held them for marder. They each admit. tod that they did the killing bat claim ed that BR they had lost many warriors from their band as the hands of the band to which the muedered Indiana belonged, they had a right to retail late. Case of Jesse Graham Contined. SANTA Cuuz. April When the case of Jessa Grabama for the murder of Bannett. 33 years ago, osine up before McCann today, R. H. Ward. coan-6 for the defendant, moved to set aside the indictment on several grounda, one be ing that the superior doors bad no is riediction as California was not a state at time time. A number of other errors were also found enflicient is was alleged. to invalidate the indictment. District Attorney Jetter asked farther continu ance to allow him to look into several points of law set forth by the opposing connect, and the opart thereupon continued the bearing till Monday. Alleged Kidnepper ea Trial. SAN FRANCISCO, April 28.- The pre liminary examination. of Frank Home, alias 8. Signally for an alleged attempt to kidsap Florence Biythe, the beirese of Millionsire Thomas Blythe, a few works ago was ou trial before R. Mond, jastice of the pesce at Barklay, this morning and Rotas was held in 85000 bonds to appear as the DEST session of the circuit court.