First National Bank (Williamsport, PA)

Episode Information

Episode UID
17501114
Episode Type
Suspension โ†’ Closure
Bank Type
national
Bank ID
1750 national
Charter Number
175
Start Date
October 1, 1892
Location
Williamsport, Pennsylvania (41.240, -77.036)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
9a6e70cbbc13331d

Response Measures

None

Events (2)

1. December 28, 1863 Chartered
Source
historical_nic
2. October 1, 1892 Receivership
Newspaper Excerpt
The affairs of the First National Bank of Williamsport, Pa., have been settled by a receiver.
Source
newspapers

Newspaper Articles (3)

Article from Evening Journal, October 1, 1892

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Article Text

The affairs of the First National Bank of Williamsport, Pa., have been settled by a receiver. Are not the Republicans afraid that there will be some "wild cats" among the national banks before they get done howling.


Article from Pittsburg Dispatch, October 1, 1892

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Article Text

Williamsport Depositors Paid in Full. WILLIAMSPORT, Sept. 30.-At a meeting of the stockholders of the First National Bank, called by the Comptroller of the Currency, Daniel B. Dickens was chosen agent. Receiver Collins, who has completed his work, will turn the assets over to the new official at once. All the depositors have been paid in full with interest, and the only loss will be to the stockholders, who will realize about 65 per cent.


Article from The Sun, August 17, 1893

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Article Text

Suspended Banks Reopen Their Doors. KANSAS CITY. Aug. 16. - The Armourdale Bank at Armourdale. which suspended business in the financial crash in the two Kansas cities one month ago yesterday. has reopened its doors and resumed business. FORT SCOTT, Kan., Aug. 16-The First National Bank of this city. which suspended on July 18, resumed business this morning. Bank Examiner Latimer of Sedalia. who has been in charge since it closed. has issued a notice to depositors saying that the institution is in good financial condition. WASHINGTON. Aug. 16.-The First National Bank of Rico, Col., which suspended payment June 30. 1893. having complied with the conditions imposed by the Comptroller of the Currency. and its capital stock being unimpaired. has been permitted to-day to reopen its doors for business. CLEVELAND. Aug. 16.-The Cardington Banking Company. at Cardington. O., closed its doors this afternoon. Theassets approximate $100. 000 and are said to be sufficient to meet the demands of the creditors. The President of the bank. Major W. G. Beatty. was obliged to make an assignment. and the bank could not weather the trouble brought on by his embarrassment. CARROLLTON. Pa.. Aug. 16.-The banks of Johnston. Bucks county. at Ebensburg. Carrollton. and Hastings. which suspended payments until they could get more money. will open again on Monday morning.