17606. Gunckel Banking Company (Middletown, OH)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
November 11, 1893
Location
Middletown, Ohio (39.503, -84.365)

Metadata

Model
gpt-5-mini
Short Digest
c7c9da1b

Response Measures

None

Description

Multiple contemporaneous newspapers report the Gunckel Banking Company 'assigned' (failed/placed in the hands of assignees) on Nov 11, 1893 with liabilities about $200,000 and that the bank had not been paying checks for two weeks. No article describes a depositor run or a temporary suspension/reopening — this is a failure/assignment (permanent closure/receivership). 'Assigned' implies failure and appointment of assignees/receivers.

Events (2)

1. November 11, 1893 Receivership
Newspaper Excerpt
The Gunckel Banking Company, of this city, assigned this afternoon. J. G. Lummis and Thomas Collit and an attorney are now on their way to Hamilton with the papers.
Source
newspapers
2. November 11, 1893 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank 'assigned' (failed) with liabilities about $200,000; had not been paying checks for two weeks; president linked to defunct United Paper Company.
Newspaper Excerpt
The Gunckel Banking Company, of this city, assigned this afternoon.
Source
newspapers

Newspaper Articles (7)

Article from New-York Tribune, November 12, 1893

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Article Text

A BANKING COMPANY FAILS IN OHIO. Middletown. Ohio, Nov. 11.-The Gunckel Banking Company, of this city. assigned this afternoon. J. G. Lummis and Thomas Collit and an attorney are now on their way to Hamilton with the papers. The president of this concern is C. F. Gunckel, who was at the head of the Middletown Paper Company. which assigned late yesterday afternoon for $200,000. with assets of only $100,000. He was also president of the United Paper Cap Company. It is expected that the concern will pay out dollar for dollar.


Article from Wheeling Register, November 13, 1893

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A Bad Failure at Hamilton, Ohio. HAMILTON, o., November 11.-The Gunckle Banking Company, of Middletown, O., assigned to-day. The corporation's capital stock is $50,000 and the reputed wealth of the stockholders one million. Charles E. Gunckle, the President has been hard pressed of late. The bank has not been paying checks for two weeks. Mr. Gunckle is President of the defunct United Paper Company. The failure is a bad one.


Article from The State Republican, November 16, 1893

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AT his home in Toledo, O., Senator S. Parker was found dead with his heart broken, literally as well as figurativeby broken, for the organ was rent in twain. Grief over a son's misdeeds was the cause. WILLIAM LAWRENCE POOLE, of New Orleans, the oldest editor in the United States. died at the age of 90. His journalistic career began in 1828. IN Iron county, Wis., the situation of the miners was said to be deplorable, and they had petitioned to Gov. Peck. THE death of Judge Richard Parker, of Winchester, Va., occurred in the 83d year of his age. He was noted for having presided at the trial of John Brown and his men at Charleston. THE execution of Miller Davis, convicted of murdering Sheriff Dollarhide near Chapel Hill, October 23, took place at Center Point. Ark. THE Gunckel Banking company at Middletown, O., assigned with liabilities of $200,000. FIRE wiped out the entire rolling mill lant of the Whittaker Iron and Steel company at Wheeling, W. Va., the loss being $100,000. IN the 2:25 trot at Holton, Kan., Pansy McGregor broke the yearling record, 1 making the distance in 2:25 1/4. 1 ADAM BRIGHT, a farmer near Troy, , O., was beaten out of $4,500 by gold f brick swindlers, and his wife died from / the shock produced by the loss. IN Oklahoma the chief of the Osage e nation issued an edict ordering all negroes to leave the reservation in e thirty days. THE Fire Brick company plant at 8 Utica, Ill., was destroyed by fire, the loss being $200,000. S FRANK KNOX, an ex-slave who had b been a barber in Liberty, Ind., for a great many years, was found dead in bed. He was over 100 years old. FLAMES swept away the Academy of t Music and other property at Fort . Wayne, Ind., the total loss being $100,000. A MOB at Bardstown, Ky., blew up the home of Phil Evans, a colored crim:n inal, killing his mother, wife and e, daughter. THE foreign commissioners to the e world's fair gave a banquet in Chicago f to Director General Davis, for whom all had words of praise. d 1THE representatives of Corbett and 1Mitchell have agreed to their fighting r at Jacksonville, Fla., January 4, 1894. AT the age of 77 years Dr. David Jud. :kins, chief of Lincoln's medical staff e during the war, died at Cincinnati. of AT Yates Center, Kan., E. P. Bernard, aged 80, tired of life, killed his e wife. daughter and himself. of NEAR Bardwell, Ky., five masked d men held up an Illinois Central train and robbed the express car of some e, $7,000. re MRS. DAVIS and her daughter were h killed by a masked robber at Riverton, th Ala., who was then shot by a son. J. SALMON, of New York, and B. of Perry Collins, of Washington, were ra asphyxiated in a St. Louis hotel. rADMISSION to the world's fair grounds has been reduced to twenty-five cents. d


Article from River Falls Journal, November 16, 1893

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By a collision on the Hocking Valloy rcza near Fostoria, O., four lives were lost. LATER returns from the election in Nebraska show that the entire republican ticket was elected. In Kansas the republicans were also successful. THE will of Carter H. Harrison was filed in the probate court in Chicago by a son. The estate is estimated at $960,000. FIVE more persons have died as a result of the Rock Islandrailway wreck at Eggleston, a Chicago suburb, making a total of eleven killed. THE absconding president of the Northwestern Guaranty Loan company at Minneapolis, Louis T. Menage, is said to have stolen $1,650,000. THE fourth gift of John D. Rockefeller to the University of Chicago is $500. 000. With his previous donations this makes Mr. Bockefeller's gifts to the university $3,250,000. AT the gates the World's Columbian exposition received up to November 1 $10,576,208. There is now in the treasury $2,153,128, not including souvenit coins. AN assignment was made by the Middleton (0.) Paper company with liabilities of about $200,000. AT his home in Toledo, O., Senator S. Parker was found dead with his heart broken, literally as well as figuratively broken, for the organ was rent in twain. Grief over a son's misdeeds was the cause. WILLIAM LAWRENCE POOLE, of New Orleans, the oldest editor in the United States. died at the age of 90. His journalistic career began in 1823. IN Iron county. Wis., the situation of the miners was said to be deplorable, and they had petitioned to Gov. Peck. THE death of Judge Richard Parker, of Winchester, Va., cccurred in the 83d year of his age. He was noted for having presided at the trial of John Brown and his men at Charleston. THE execution of Miller Davis, convicted of murdering Sheriff Dollarhide near Chapel Hill, October 23, took place at Center Point, Ark. THE Gunckel Banking company at Middletown, O., assigned with liabilities of $200,000. FIRE wiped out the entire rolling mill plant of the Whittaker Iron and Steel company at Wheeling, W. Va., the loss being $100,000. Is the 2:25 trot at Holton, Kan., Par sy McGregor broke the yearling rec rd, making the distance in 2:25½. ADAM BRIGHT, a farmer near Troy, 0., was beaten out of $4,500 by gold brick swindlers, and his wife died from the shock produced by the loss. Is Oklahoma the chief of the Osage nation issued an edict ordering alt negroes to leave the reservation in thirty days. THE Fire Brick company plant at Utica, III., was destroyed by fire, the loss being $200,000. FRANK KNOX, an ex-slave who had been a barber in Liberty, Ind., for a great many years, was found dead in bed. He was over 100 years old. FLAMES swept away the Academy of Music and other property at Fort Wayne, Ind., the total loss being $100,000. A MOB at Bardstown, Ky., blew up the home of Phil Evans, 3 colored criminal, killing his mother, wife and daughter. THE foreign commissioners to the world's fair gave a banquet in Chicago to Director General Davis, for whom all had words of praise. THE representatives of Corbett and Mitchell have agreed to their fighting at Jacksonville, Fla, January 4, 1894. AT the age of 77 years Dr. David Judkins, chief of Lincoln's medical staff during the war, died at Cincinnati. AT Yates Center, Kan., E. P. Bernard, aged 80, tired of life, killed his wife, daughter and himself. NEAR Bardwell, Ky., five masked men held up an Illinois Central train and robbed the express car of some $7,000. MRS. DAVIS and her daughter were killed by a masked robber at Riverton, Ala, who was then shot By a son. J. SALMON, of New York, and B. Perry Collins, of Washington, were asphyxiated in a St. Louis hotel. ADMISSION to the world's fair grounds has been reduced to twenty-five cents.


Article from Perrysburg Journal, November 18, 1893

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THE World's Columbian exposition h received at the gates up to November i $10,576,208. There is now in the treasG ury $2,158,128, not including souvenir coins. THE situation of the miners in Iron county, Wis., was said to be deplorable, and they had petitioned to. Gov. Peck. ILLINOISranks.second in postal receipts and third in presidential post offices, according to the annual report. MUREO MURDOC, proprietor of the Egyptian village at the world's fair, was robbed of $5,000 at Brooklyn, N.Y. MILLER DAVIS, convicted of murdering Sheriff Dollerhide near Chapel Hill, October 23, was hanged at Center Point, Ark. THE Middletown (O.) Paper company assigned with liabilities of about $200, 000. THE home of Louis Long at Stanchfield, Minn., was burned, and his wife and one child perished in the flames. of COUNTY TREASURER CASHMAN, Greeley Center, Neb., was said to be short in county funds between $20,000 and $25,000. SENATOR S. PARKER, of Toledo, O., was found dead at his home with his heart broken. literally as well as figuratively broken, for the organ was rent in twain Grief over a son's misdeeds was the cause. THE price of admission to the world's fair grounds has been reduced to twenty-five cents. FIVE masked men held up an Illinois Central train near Bardwell, Ky., and robbed the express car of some $7,000. AT Riverton; Ala., Mrs. Davis and her daughter were killed by a masked robber, who was then shot by a son. B. PERRY COLLINS, of Washington, and J. Salmon, of New York, were asphyxiated in a St. Louis hotel. THE Honduras government has apologized for firing on the American flag and Uncle Sam is satisfied therewith. E. P. BERNARD, aged 80, of Yates Center, Kan., tired of life, killed his wife, daughter and himself. FOREIGN commissioners to the world's fair united in giving a banquet in Chicago to Director General Davis, for whom all had words of praise. WARREN F. PUTNAM, president of the National granite bank of Exeter, N. H., was arrested on the charge of embezzling $30,000. REPRESENTATIVES of Corbett and Mitchell have agreed to their fighting at Jacksonville. Fla. January 4, 1894. AT Middletown, O., the Gunckel Banking company assigned with liabilities of $200,000. THE entire rolling mill plant of the Whittaker Iron and Steel company at Wheeling, W. Va., was destroyed by fire, the loss being $100,000. PANSY McGREGOR, in the 2:25 trot at Holton, Kan,, broke the yearling record, making the distance in 2:25 1/4 THE wife of Adam Bright, a farmer near Troy, O., who was beaten out of $4,500 by gold brick swindlers, died from the shock produced by the loss. THE chief of the Osage nation in Oklahoma issued an edict ordering all negroes to leave the reservation in thirty days. AT Utica, Ill., the Fire Brick company plant was destroyed by fire, the loss being $200,000. FRANK KNOX. aged over 100 years, an ex-slav who had been a barber in Liberty, Ind., for a great many years, was found dead in bed. The Academy of Music and other property was burned at Fort Wayne, Ind., the total loss being $100,000. THE fury of a Bardstown (Ky.) mob ended in blowing up the home of Phil his Evans, a colored criminal, killing mother, wife and daughter. JAMES E. WHITE, general superintendent of the railway mail service, in his annual report says there were handled during the year 10,286,314,915 inpieces of mail matter. This is an crease over 1888 of 49.68 per cent AMUSED at the remark of a young man, Miss Bertha Pruett, of Philadelphia, laughed until seized with a fatal hemorrhage. THE visible supply of grain in the United States on the 13th was: Wheat, 74,067,000 bushels; corn, 8,042,000 bushels; oats. 4,747,000 bushels: rye, 567,000 bushels; barley, 3,208,000 bushels. VAN ROBERTS, living near Rush Hill, Mo., has fallen heir to a $600,000 fortune-left to him by John Bennett, who Las Vegas, N. M. Twenty years ago Roberts saved-Bennett-from drowning near Decatur, Ill. AN epidemic of influenza prevails in Cleveland, O. manhole cover wrecked Milwaukee avenue in a and fourteen persons crowded A Chicago DISPLACED grip-car were injured. FOR the ten months ended October 81 last the reduction in the value of exof breadstuffs and provisions, with the same ports compared period and in 1892, $21, was respectively $42,487,957 457,493, AMEROSE and Joseph Smith were killed near Mount Pincon. Ala., while tresresisting arrest on the charge of passing. result of a quarrel Herman of Milwankee, shot Lizzie and then killed This/wife Schank, AS THE and her himself. killed home LYDIA YOUNGS died at Valley, Ill., resided on the same never saw a train at five had MRS. Stillman aged farm 93. of fifty- cars. She for seven years of stolen property for dian JOHN years'and CONNORS, the with custo- police an department of Chicago and


Article from The Irish Standard, November 18, 1893

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IRISH STANDARD: SATURDAY, NOVEMBER ROBBED. MINOR NEWS ITEMS. Dies A Railroad Treasurer is Relieved of 825,For the Week Ending Nov. 15. 000 by Highwaymen. Paris has decided to hold a world's JohnCHICAGO, Ill., Nov. 16.-One of the fair in 1900. was most daring pieces of work by highSecretary Hoke Smith's law firm at the in men was accomplished in this city. Atlanta, Ga, has been disolved. John A. Drake, treasurer of the The business portion of the town of did Indiana, Illinois & Iowa railroad, was Portland, Ark., was wiped out by fire. a was sandbagged and robbed of $20,000 in Weiss & Goldstein, of Greenville, the office of the company in the RookMiss., shoe dealers, failed for $300,000. "Blue ery building, Chicago, at , a. m. yestera been Rev. Dr. Morrison, founder of the day. Mr. Drake had the money in a sent Scotch Evangelical church, died in hand satchel and was preparing to go times. Glasgow. out on the road to pay the employes. or Cincinnati wants to spread out, and He had first placed the cash in the vaa in has a plan to annex 75 square miles of lise and was about to leave the office, ran territory. when two men stole up behind him and prison felled him to the floor by several hard At Middletown. O., the Gunckel left blows on the head. The treasurer Banking company assigned with liabroomwas knocked insensible and claims bilities of $200,000. to the that before he could move a finger the The Thuber-Whyland company, in thieves tore the satchel from his hand wholesale grocers in New York city, two and rushed out of the office, slamming failed for $800,000. cut the door as they went. They rode John Palmer, the inventor of the down in an elevator and made their esbaggage check, died at Union City, cape. Mich., aged 85 years. Recovering consciousness, the treasB. Perry Collins, of Washington, and Recent urer crawled to the office door, which is T J. Salmon. of New York, were asphyxnext to the one in which the vault is iated in a St. Louis hotel. full on built, and sat on the floor in a dazed Ben Hyams, a well-known English eight condition against a partition. Mail bookmaker, was drugged at a Liverpool the reCarrier Charles Daly was dropping lethotel and robbed of $10,000. the in ters through the door half an hour afThe banking house of Glembicki in sixtyterwards and heard a moan from the Warsaw, Poland, failed with liabilities pat inside. Opening the door. he discovamounting to 506,000 rubles. figured ered Mr. Drake and alarmed the janiand Grief for the sudden insanity and tors and elevator men. The victim did racken, subsequent death of a son killed Rev. not think he had been unconscious, but wo McKinHenry Kay, of St. Joseph, Mo. could not remember seeing the robbers in Prof. William L. Shoup, who had a TH snatch the money from his bag, and The national reputation as an author of could only faintly describe the one who poputext books, died at Dubuque, Ia. had used the slungshot. He waited in 400. the office until his clerk came, and at 9 At Riverton, Ala., Mrs. Davis and her o'clock went to police headquarters, daughter were killed by a masked robwhere he told the story to Inspector ber, who was then shot by a son. Worth Shea. Then he went to the Plaza hotel, Dr. David Judkins, chief of Lincoln's where he resides. He carefully avoided medical staff during the war, died at wh inister newspaper reporters, although his inCincinnati He was 77 years old. juries are slight. MIN Pansy McGregor, in the 2:25 trot at ildings Holton, Kan., broke the yearling recPRESIDENT CLEVELAND the THE ord, making the distance in 2:25 1/2. govSpends a Day Among His Friends in New The Honduras government has apolthe York City. ogized for firing on the American flag departand Uncle Sam is satisfied therewith. NEW YORK. Nov. 16.-President CleveIn an unofficial trial off Boston, the land arrived here at 7:30 yesterday francs. new cruiser Columbia made the unmorning. He was accompanied by Secissing. were precedented speed of 22.87 knots an retary of War Daniel S. Lamont. and hour. drove immediately to the Victoria hotel, Fifteen cities near central Cuba have where a suite of rooms had been made ready for him. The movements of the declared against Spanish rule and are Var"ST in open rebellion against the governpresident were shrouded in mystery. untain ment. He had breakfast in his apartments negro about 10 o'clock. Shortly after that he Three men attempted to hold up a AND murdrove off in a carriage and was absent train near Lincoln, III. They were nched, from the hotel for several hours. It driven off after shooting Brakeman exS was thought that the president had Trott. broke come here for the purpose of conferring Herman and Otto Habeck, of Wein. a conwith prominent specialists in regard tc Wis., admit that they killed their bulan ailment from which he had been drunken father at the instance of their suffering. This, however, Dr. Joseph mother. D. Bryant, Mr. Cleveland's physician, Peter Barker, once a wealthy man, denies. He said that Mr. Cleveland was cotton was arrested at Kansas City for snatchgrienlat present enjoying good health and ing women's pocketbooks on crowded indithat any statement to the contrary was streets. untrue. apared The women white caps at Osceola, maller SNOWBOUND. Neb., who flogged several girls three esweeks ago, were fined for unlawful asthreeSeveral Eastern Citles Are Covered With sembly. Snow. Ambrose and Joseph Smith were DUNKIRK, N. Y., Nov. 15.-A terrific killed near Mount Pincon, Ala, while Cathsnow storm is prevailing here, assumresisting arrest on the charge of tres71, street. ing blizzard proportions: times. About passing. Near and eight inches of snow has fallen.- Out Eugene Turpin, the discoverer of of door business is practically suspendexplodmelinite, has invented a machine to ed. oven, combat the effects of tornadoes and WILKESBARRE, Pa., Nov. 15.-The up cyclones. V mountains surrounding this city and eye Remains of the late Mayor Harrison and valley are covered with nearly four were interred at Graceland cemetery. inches of snow. The thermometer fell Chicago, in the presence of relatives to 40 degrees this morning and has gone N and a few friends. ten down to 33 degrees tonight, with indireFrank Knox, aged over 100 years, an cations of still getting colder. ex-slave who had been a barber in Libof MI WAUKEE, Wis., Nov. 15.--The first erty, Ind., for a great many years. was npared snow of the season occurred here today. W found dead in bed. reuslly se The Tariff Bill. Robert G. H. Huntington, missing lounges, secretary, has been indicted in Chica go, WASHINGTON, Nov. 15.-Despite the Carpets for stealing $25,000 of the Home Buildwith eve Schuprecautions of the house ways and ing and Loan association. astonish means committee to prevent its secrets a by The entire rolling mill plant of the of the becoming public property, some of the Whittaker Iron and Steel company at details of the work on the tariff bill are RailWheeling. W. Va., was destroyed by leaking out. There is apparently no verdict 105, 10 fire, the loss being $100,000. doubt that wool, coal and iron ore will Justice Blatchford's memory was be placed on the free list. It is understood also that a material reduction honored by the supreme court in Washosevelt will be made on steel rails. The duty ington. Justice Fuller and Attorney of the General Olney pronounced eulogies. on tin plate, as has been previously andaughnounced, will probably be reduced Joe Kirksey, Will Weiss and Bob Sunfrom 2.2 cents to 1 cent. McKinney were killed by an explosion since in a lumber unill near Beaumont, Tex., Telegraph Notes. and three other men were fatally inABRAHAM COHN, of Chicago, was jured. killed the 15th by the falling of a pile Henry The "Little Red House" in which of scrap iron, where he was working. aurder, Nathaniel Hawthorne wrote "TangleJabob Friedman, who was working eyes wood Tales," "The House of Seven with Cohn, was caught beneath the cut Gables" and other stories is to be repile, had his right leg, three ribs and was stored. his spine broken. The Salvation Army. THE Examiner (Dem.) and the ChronNEW YORK, Nov. 15.-The congress of icle (Rep.) of San Francisco, Cal., in of ad the Salvation Army convened at Cartheir editions of the 15th. both dehas Wo manded the impeachment of President negie music hall in this city yesterday.


Article from Grant County Herald, November 23, 1893

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MINOR NEWS ITEMS. For the Week Ending Nov. 14. Paris has decided to hold a world's fair in 1900. Rev. Dr. Morrison, founder of the Scotch Evangelical church, died in Glasgow. At Middletown, O., the Gunckel Banking company assigned with liabilities of $200,000. B. Perry Collins, of Washington, and J. Salmon, of New York, were asphyxiated in a St. Louis hotel. Ben Hyams, a well-known English bookmaker, was drugged at a Liverpool hotel and robbed of $10,000. At Utica. III., the Fire Brick company plant was destroyed by fire. The loss is $200,000; insured for $90,000. Grief for the sudden insanity and subsequent death of a son killed Rev. Henry Kay, of St. Joseph, Mo. Prof. William L. Shoup, who had a national reputation as an author of text books, died at Dubuque, Ia. At Riverton, Ala., Mrs. Davis and her daughter were killed by a masked robber. who was then shot by a son. Dr. David Judkins, chief of Lincoln's medical staff during the war, died at Cincinnati. He was 77 years old. Pansy McGregor, in the 2:25 trot at Holton, Kan., broke the yearling record, making the distance in 2:25½. The Honduras governm ent has apologized for firing on the American flag and Uncle Sam is satisfied therewith. Mureo Murdoe, proprietor of the Egyptian village at the world's fair, was robbed of $5,000 at Brooklyn, N. Y. Fifteen cities near central Cuba have declared against Spanish rule and are in open ,rebellion against the government. Three men attempted to hold up a train near Lincoln, Ill. They were driven off after shooting Brakeman Trott. Peter Barker, once a wealthy man, was arrested at Kansas City for snatching women's pocketbooks on crowded streets. County Treasurer Cashman, of Greeley Center, Neb., was said to be short in county funds between $20,000 and $25,000. A displaced manhole cover wrecked a crowded Milwaukee avenue grip-car in Chicago and fourteen persons were injured. Ambrose and Joseph Smith were killed near Mount Pincon, Ala., while resisting arrest on the charge of trespassing. Eugene Turpin, the discoverer of melinite. has invented & machine to contuat the effects of tornadoes and eye Daes