17622. Knox County Savings Bank (Mount Vernon, OH)

Bank Information

Episode Type
Suspension → Closure
Bank Type
savings bank
Start Date
November 13, 1890
Location
Mount Vernon, Ohio (40.385, -82.475)

Metadata

Model
gpt-5-mini
Short Digest
42411261

Response Measures

None

Description

Multiple contemporary papers (Nov 13–20, 1890) report the Knox County Savings Bank at Mt. Vernon, OH, suspended and forced into assignment on account of the failure of Decker, Howell & Co. 'Assignment' indicates insolvency/closure rather than a temporary suspension; no run is reported. Assets/liabilities figures and $80,000 deposits with Decker, Howell & Co. are given in some accounts.

Events (1)

1. November 13, 1890 Suspension
Cause
Correspondent
Cause Details
Suspension/assignment reportedly caused by the failure of correspondent/agent Decker, Howell & Co., with whom the bank had large deposits (reports cite $80,000).
Newspaper Excerpt
MOUNT VERNON, O., Nov. 13.-The Knox County Savings Bank has suspended. Liabilities, $17,000; nominal assets, $20,000. It is reported that the suspension was caused by the failure of Decker, Howell & Co.
Source
newspapers

Newspaper Articles (11)

Article from The Wheeling Daily Intelligencer, November 14, 1890

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Bank Failure. MOUNT VERNON, O., Nov. 13.-The Knox County Savings Bank has suspended. Liabilities, $17,000; nominal assets, $20,000 It is reported that the suspension was caused by the failure of Decker, Howell & Co.


Article from Wheeling Register, November 14, 1890

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Ohio Bank Fails. NEW YORK, November 13.-A special from Mount Vernon, Ohio, says: "The Knox county Savings Bank has suspended. Liabilities, $17,000; nominal assets, $20,000. It is reported that the suspension was caused by the failure of Decker, Howell & Co.


Article from St. Paul Daily Globe, November 14, 1890

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Creditors Won't Get Much. MOUNT VERNON, O., Nov. 13.-The Knox County Savings bank has suspended. The liabilities are $17,000; nominal assets, $20,000. It is reported that the suspension was caused by the failure of Decker, Howell & Co.


Article from Mower County Transcript, November 19, 1890

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HENRY M. STANLEY left New York on the 18th for bis lecture tour throughout the country, which will end on April 1891. FIRE at A of the Tiburon, Cal., destroyed dosen principal stores and houses. THE little child of John Lanahan, of Wesleyville, Pa., was burned to death, and the mother was so severely burned us to be crippled for life. RUBE SMITH, one of the Burrows gang of train robbers, was sentenced at Jackson, Miss., to life-imprisonment. WILLIAM OSBORN, an aged man, was killed by the cars at.Jeffersonville, Ind., while carrying home some medicine for a dying daughter. A SOUTHERN PACIFIC passenger train broke through a trestle near Salem, Ore., and five persons were killed and nearly 100 injured. THE Knox County Savings Bank at Mt. Vernon, O., suspended. THE base-ball war is practically over, the Players' League having virtually gone out of existence. JUDGE DAVID McLEAN, ex-president of the Savannah (Mo.) National Bank, was sentenced to two years in the penitentiary for defrauding depositors out of $100,000. JACOB STROEBEL, a farmer living near Saginaw, Mich., drank a pint of whisky on a wager and dropped dead a few minutes after. COMMODORK GEORGE DEWRY, chief of the naval bureau of equipment, in his report says the annual sixty-five vessels that during year were either wholly or partially equipped at an expenditure of $593,986. ( A LARGE deposit of copper ore was found near Mellen, Wis. THE Wertheimer building in San Francisco was burned, causing a loss of $250,000. THE Kansas City Packing Company at Armourdale, Kan., failed for $500,000. GOVERNOR FIFER decided not to pardon Oscar W. Neebe, who was conin 1886 of victed in in the Chicago participation Haymarket riot with the other Anarchists. THE National convention of the Woman's Christian Temperance Union met in Atlanta, Ga., on the 14th, Miss Frances E. Willard presiding. THE excitement among the Standing Rock Indians in South Dakota over the arrival of their long-looked for Messiah has subsided and no trouble was anticipa ed. THE business failures in the United States seven ended on the 266, 215 the 14th during numbered the against days preceding week and 265 the corresponding week last year. were to pieces THREE premature workmen explosion blown by a of dynamite in a stone quarry at Omaha, Neb. on the TRAINS collided Pennsylvania road at New Florence, Pa., and the wreck took fire and one Pullman car was burned. Two persons were killed and eighteen injured. THE business portion of the town of Burton, o,, was destroyed by fire. CONSUL CONNOLLY in a report on the wool-growing industry of New Zealand says that the number of sheep exported last year with and without wool value States imports amounted from to the 1,964,281. United The during of 1889 was $1,712,180, and the exports were valued at $1,706,860. THE report of a New York commercial agency showed that the legitimate business of the country was the largest ever known and that trade had not been affected by the flurry in Wall street They said that the demand for money was largely due to the unprecedented volume of business thus far. COMMISSARY GENERAL Du BARRY states in his annual report that $2,506.016 was expended for the needs of the subsistence department of the army during the fiscal year. IN a collision between gravel trains on the Lackawanna & Western road at East Buffalo. N. Y., John Swombosky was nine others were injured, instantly three killed of them and fatally. commanding to the MAJOR-GENERAL the army, in SCHOFIELD, his report Secretary of War recommends the increase of the military force of the country to 30,000 men. PERSONAL AND POLITICAL JOHN MEYERS one of the wealthy cit-


Article from The Iowa Plain Dealer, November 20, 1890

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Republican ticket by pluralities ranging from 366 for Railroad Commissioner to 2,800 for Secretary of State. IN a railroad collision near Yarmouth, Miss., fifteen persons were injured. THE Legislature of Alabama convened on the 12th. RETURNS from the recent election in California give the Republicans four of the six Congressmen, making the delegation the same as the previous one. IN the town of Cape Gracios, La., every house was blown down by a hurricane. THERE are 5,500 Indians in the State of Washington, according to the report of a special census agent. THE official returns from the recent elections show that the Democrats elected the entire fourteen Congressmen in Missouri and eleven of the thirteen in Indiana. THE first State Legislature of Wyoming met at Cheyenne on the 12th. There were forty-nine members, nine of whom were Democrats. W. R. Schnitger, of Cheyenne, was elected president of the Senate, and O. P. Kellogg, of Cook County, was chosen speaker of the House. RETURNS from all the counties in Indiana give the following as the result of the recent election: Matthews, Dem., for Secretary of State, 233,881; Trusler, Rep., 214,302; Blount, Pro., 11,934; Prindle, People's, 17,351; Matthew's plurality, 19,579. I NEAR Salem. Ore., a Southern Pacific passenger train broke through a trestle, ) and five persons were killed and nearly 100 injured. THE suspension of the Knox County Savings Bank at Mount Vernon, O., was announced. ALLEN G. THURMAN'S 77th birthday was celebrated at Columbus, O., on the $ 13th, prominent persons from all over ) the country being present. Mr. Thurman baslived in Ohio seventy-one years. WHILE carrying home some medicine e for a dying daughter William Osborn, , an aged man, was killed by the cars at Jeffersonville, Ind. IN the store of A. B. Meyer at New Orleans the safe was blown open and robbed of $4,000 in cash and $30,000 in bonds. A PASSENGER train ran into a hand7 car near Millersburg, Ky., on which were five track-repairers, and all were t fatally hurt. IN Missouri the Prohibition party t having failed at the recent election to 1 poll the 3 per cent. vote requisite un1 der the Australian law to preserve the party's official standing, have determined to adopt the name of National C party and to embody additional issues in their platform. AT Jackson. Miss., Rube Smith, r one of the Burrows gang of train robbers, was sentenced to life imprisonment. FLAMES at Tiburon, Cal., destroyed S a dozen of the principal stores and houses. &


Article from The Redwood Gazette, November 20, 1890

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Republican ticket by pluralities ranging from 366 for Railroad Commissioner to 2,800 for Secretary of State. IN a railroad collision near Yarmouth, Miss., fifteen persons were injured. THE Legislature of Alabama convened on the 12th. RETURNS from the recent election in California give the Republicans four of the six Congressmen, making the delegation the same as the previous one. IN the town of Cape Gracios, La., every house was blown down by a hurricane. THERE are 5,500 Indians in the State of Washington, according to the report of a special census agent. THE official returns from the recent elections show that the Democrats elected the entire fourteen Congressmen in Missouri and eleven of the thirteen in Indiana. THE first State Legislature of Wyoming met at Cheyenne on the 12va. There were forty-nine members, nine of whom were Democrats. W. R. Schnitger, of Cheyenne, was elected president of the Senate, and O. P. Kellogg, of Cook County, was chosen speaker of the House. RETURNS from all the counties in Indiana give the following as the result of the recent election: Matthews, Dem., for Secretary of State, 233,881; Trusler, Rep., 214,302; Blount, Pro., 11,934; Prindle, People's, 17,351; Matthew's plurality, 19,579. NEAR Salem, Ore., a Southern Pacific passenger train broke through a trestle, and five persons were killed and nearly 100 injured. THE suspension of the Knox County Savings Bank at Mount Vernon, O., was announced. ALLEN G. THURMAN'S 77th birthday was celebrated at Columbus, O., on the 13th, prominent persons from all over the country being present. Mr. Thurman has lived in Ohio seventy-one years. WHILE carrying home some medicine for a dying daughter William Osborn, an aged man, was killed by the cars at Jeffersonville, Ind. IN the store of A. B. Meyer at New Orleans the safe was blown open and robbed of $4,000 in cash and $30,000 in bonds. A PASSENGER train ran into a handcar near Millersburg, Ky., on which were five track-repairers, and all were fatally hurt. IN Missouri the Prohibition party having failed at the recent election to poll the 3 per cent. vote requisite under the Australian law to preserve the party's official standing, have determined to adopt the name of National party and to embody additional issues in their platform. AT Jackson, Miss., Rube Smith, one of the Burrows gang of train robbers, was sentenced to life imprisonment. FLAMES at Tiburon, Cal., destroyed a dozen of the principal stores and houses.


Article from River Falls Journal, November 20, 1890

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WEST AND SOUTH. GEORGE W. BURNSIDE'S livery at Sioux Falls, S. D., was burned, and thirty-four horses lost their lives. IN default of a $20 fine for drunkenness, A. F. Anderson, at one time the leading attorney at Tiffin, 0., was sent to the work-house. THE official returns from the Iowa election show the success of the entire Republican ticket by pluralities ranging from 366 for Railroad Commissioner to 2,800 for Secretary of State. THE Legislature of Alabama convened on the 12th. RETURNS from the recent election in California give the Republicans four of the six Congressmen, making the delegation the same as the previous one. IN the town of Cape Gracios, La., every house was blown down by a hurricane. THERE are 5,500 Indians in the State of Washington, according to the report of a special census agent. THE official returns from the recent elections show that the Democrat elected the entire fourteen Congressmen in Missouri and eleven of the thirteen in Indiana. THE first State Legislature of Wyoming met at Cheyenne on the 12th. There were forty-nine members, nine of whom were Democrats. W. R. Schnitger, of Cheyenne, was elected president of the Senate, and O. P. Kellogg, of Cook County, was chosen speaker of the House. RETURNS from all the counties in Indiana give the following as the result of the recent election: Matthews, Dem., for Secretary of State, 233,881; Trusler, Rep., 214,302; Blount, Pro., 11,934; Prindle, People's, 17,351; Matthew's plurality, 19,579. NEAR Salem, Ore., a Southern Pacific passenger train broke through a trestle, and five persons were killed and nearly 100 injured. THE suspension of the Knox County Savings Bank at Mount Vernon, O., was announced. ALLEN G. THURMAN'S 77th birthday was celebrated at Columbus, O., on the 13th, prominent persons from all over the country being present. Mr. Thurman haslived in Ohio seventy-one years. WHILE carrying home some medicine for a dying daughter William Osborn, an aged man, was killed by the cars at Jeffersonville, Ind,


Article from The News-Herald, November 20, 1890

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AN epidemic of typhoid fever is raging at Clermontville. There have been already eighty-nine cases, of which twenty-five have been fatal. At present forty persons are stricken. Business is entirely suspended, and the 200 people who make up the population are wild with fear. THE Knox County Savings Bank, of Mt. Vernon, has been forced into assignment on account of the failure of Decker, Howell & Co., with whom they have $80,000 deposits. Their other assets aggregate $120,000, and the liabilities $175,000. FRANK HAGG, a Mt. Eaton farmer, was found dead in bed at a hotel at Wooster. He had been serving as a juror in the court of common pleas. Over $500 was found on his person. Jas. KELLER, a farmer residing twelve miles south of Mansfield, accidentally shot himself while examining a rifle with which he intended to shoot achicken. The ball dodged in his brain, causing instant death. He was fifty years old, and has a wife and six children. THERE were twenty-seven Democratic Governors, ex-Governors and Governors-elect and nineteen United States Senators and ex-United States Senators present at the Thurman banquet at Columbus. J. B. WILSON, of Caldwell, was sentenced by Judge Campbell to three years in the penitentiary for stealing a horse, after which time he will be brought back to answer on a charge of forgery. GOVERNOR-ELECT BOYD, of Nebraska, who came East to attend the Thurman banquet, arrived at Zanesville, the other evening on a visit to his father. An informal reception was held in the parlors of the Clarendon Hotel from 7 to 9 o'clock. Several hundred of the distinguished gentleman's school-boy friends paid their respects to him, as alsoall the leading Democrats of the city. He remained there several days the guest of his father. CYRUS CARSON, a wealthy farmer living near New Philadelphia, was crushed to death by the breaking down of a bridge. THE hog cholera is doing great damage in Madison County. GOVERNOR CAMPBELL has issued his Thanksgiving proclamation, naming the решей SE emas the 'Aep the se that 4768 in President Harrison's proclamation. Squap Jenner 8 SANDEL one and a half miles from Butler, took his wife and child to town on a visit, un8 2119 JO for the up miller pus asset 'tno 708 07 Jepso up 'L82nq the up dentally shot himself through the head. Death was instantaneous. e up person SEM seen O P H eqf uo collistion THE mayor of Findlay has ordered all gamblers to leave town. Fifty have free CHAS. HURSEY, of Gratiot, was fatally Buffunq tous AFTER lingering in terrible agony for -0,1 oqu USD 111719 slep eag more road the up tous jo object . peajes his father's shot-gun while out hunting, JO effects out more perp seed shoold out the Possoj at 4I ,Anfup eur table pujm equal 08 seq sey eq benes 'OJHI UMO sig the IIIM eq -soud allo st лецтот eur eq 07 trated. IDA ELLIOTT, of Lima, seeks vainly . no seur eye oqu 201 Western train, wedded, and trusted with cash. JO queo Isst req THE plurality of Judge Shauck, in the '286'I at Columbus MRS. JULIA WETZEL, a Marion widow, Insurance us sq 988 JO ano perpuims SEA shark. MAHONING valley mine strikers will return to work at old prices. Two Findlay burglars blow the C., 8. sonf OJeM pus ojes cogo tenoit 0 rp queNs the иечм Sems the $1990.8 of about came along and gobbled them. GEORGE FISHER, Henry Wyscup and Charles Burkett were killed by an explosion of dynamite, at Custer's stone quarry, Lima Three other men were ELMER L. SHARKEY, who was to hang on the 14th, has again been respited, this time indefinitely. Sharkey is dissatisfied. He confidently expected a GEO. IRELAND was killed near WashM Depart . 4q "H 0 nosSup


Article from Grant County Herald, November 20, 1890

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An Ohio Bank Fails. MT. VERNON, O., Nov. 14.-The Knox County Savings Bank has suspended, it is reported, on account of the failure of Decker Howell & Co., of New York. Liabilities, $17,000; nominal assets, $20,000.


Article from Perrysburg Journal, November 22, 1890

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943 Lawrence 749 57,057 Total Licking AN epidemic of typhoid fever is ragClermontville. cases, already ing at eighty-nine There have of which been have been are stricken. is forty twenty-five persons and fatal. the Business 200 At present people make the are who entirely suspended, up population wild with fear. THE Knox County Savings Bank, of Mt. Vernon, has been forced in to assignment on account of the failure of Decker, Howell & Co., with whom they have $80,000 deposits. Their other assets aggregate $120,000, and the liabilities $175,000. FRANK HAGG, a Mt. Eaton farmer, was found dead in bed at a hotel at Wooster. He had been serving as a juror in the court of common pleas. Over $500 was found on his person. a farmer miles of JAS. south KELLER, Mansfield, residing accidentally twelve shot himself while examining a rifle with which he intended to shoot chick en. The ball lodged in his brain, causing death. was years instant and He six children. fifty old, and has a wife were THERE twenty-seven and Democratic GovernGovernors, ex-Governors ors-elect and nineteen United States Senators and ex-United States Senators present at the Thurman banquet at Columbus. J. B. WILSON, of Caldwell, was sontenced in the years by Judge penitentiary Campbell for to stealing three a after which time be back to answer on a of brought horse, he charge will forgery. GOVERNOR-ELECT BOYD, of Nebraska, who East to attend the Thurman arrived at other on a to banquet, evening came visit Zanesville, his father. the the An informal reception was held in parlors of the Clarendon Hotel from 7 to & o'clock. Several hundred of the distin guished gentleman's school-boy friends paid their respects to him, as alsoall the leading Democrats of the city. He re. mained there several days the guest of his father. CYRUS CARSON. a wealthy farmer liv. ing near New Philadelphia, was crushed to death by the breaking down of a bridge. THE hog cholera is doing great damage in Madison County. GOVERNOR CAMPBELL has issued his Thanksgiving proclamation, naming the 27th inst. as the day, the same as named in President Harrison's proclamation. SAMUEL CRAWFORD, a farmer living one and a half miles from Butler, took his wife and child to town on a visit, and while in the act of moving his gun in the buggy, in order to get out, accidentally shot himself through the head. Death was instantaneous. FIREMAN FLETCHER was killed in a collision & O. near THE all mayor on the of Findlay B. has ordered Bellaire. gamblers to leave town. Fifty have left. CHAS. HURSEY, of Gratiot, was fatally shot while hunting. AFTER lingering in terrible agony for five days little Gail Wright, who received a charge of shot in the back from his father's shot-gun while out hunting, near Newark, died from the effects of the injury. It is feared that the shock has so affected the father's mind that he will take his own life, hence he has to be guarded. The mother is also prostrated. IDA ELLIOTT, of Lima, seeks vainly for William Farbush, who she metion Western train, wedded, and trusted.withrher last cent of cash. THE plurality of Judge Shauek;in'the Columbus Judicial Circuit is MRS. JULIA WETZEL, a Marion widow, was swindled out of $85 by an insurance shark. MAHONING valley mine strikers will return to work at old prices. Two Findlay burglars blew & C. ticket office safe and were just about to gobble the swag when the agene came along and gobbled GEORGE FISHER, Henry Wyscup Charles Burkett were killed by plosion of dynamite, at quarry, Lima. Three other men wero injured. ELMER L. SHARKEY, who was to hang on has respited the time 14th, indefinitely. again Sharkey been this is dis satisfied. He confidently expected pardon. GEO. IRELAND was killed near Washington C. H., by a Dayton, Ft. Wayne and Chicago train.


Article from The Ohio Democrat, November 22, 1890

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AN epidemic of typhoid fever 13 raging at Clermontville. There have been already eighty-nine cases, of which twenty-five have been fatal. At present forty persons are stricken. Business is entirely suspended, and the 200 people who make up the population are wild with fear. THE Knox County Savings Bank, of Mt. Vernon, has been forced into assignment on account of the failure of Decker, Howell & Co., with whom they have $80,000 deposits. Their other assets aggregate $120,000, and the liabilities $175,000. FRANK HAGG, a Mt. Eaton farmer, was found dead in bed at a hotel at Wooster. He had been serving as a juror in the court of common pleas. Over $500 was found on his person. JAS. KELLER, a farmer residing twelve miles south of Mansfield, accidentally shot himself while examining a rifle with which he intended to shootachicken. The ball lodged in his brain, causing instant death. He was fifty years old, and has a wife and six children. THERE were twenty-seven Democratic Governors, ex-Governors and Governors-elect and nineteen United States Senators and ex-United States Senators present at the Thurman banquet at Columbus. J. B. WILSON, of Caldwell, was sentenced by Judge Campbell to three years in the penitentiary for stealing a horse, after which time he will be brought back to answer on a charge of forgery. GOVERNOR-ELECT BOYD, of Nebraska, who came East to attend the Thurman banquet, arrived at Zanesville, the other evening on a visit to his father. An informal reception was held in the parlors of the Clarendon Hotel from 7 to 9 o'clock. Several hundred of the distinguished gentleman's school-boy friends paid their respects to him, asalsoall the leading Democrats of the city. He remained there several days the guest of his father. CYRUS CARSON, a wealthy farmer living near New Philadelphia, was crushed to death by the breaking down of a bridge. THE hog cholera is doing damage in Madison County. GOVERNOR CAMPBELL has issued his Thanksgiving proclamation, naming the решеи as emes eqf 'Aup eqf se 1sth 2774 in President Harrison's proclamation. SAMUEL CRAWFORD, a farmer living one and a half miles from Butler, took his wife and child to town on a visit, and while in the act of moving his gun accide 'yno 10.8 07 repro up 'XBBnq eqt up dentally shot himself through the head. Death was instantaneous. FIREMAN FLETCHER was killed in a Bellatre. near 'O P Я the uo collision THE mayor of Findlay has ordered all gamblers to leave town. Fifty have 1017 CHAS. HURSEY, of Gratiot, was fatally shot while hunting. AFTER lingering in terrible agony for five days little Gail Wright, who received a charge of shot in the back from his father's shot-gun while out hunting, near Newark, died from the effects of the injury. It is feared that the shock has so affected the father's mind that he will take his own life, hence he ha. to be guarded. The mother is also prostrated. IDA ELLIOTT, of Lima, seeks vainly for William Farbush, who she met on as Western train, wedded, and trusted with her last cent of cash. THE plurality of Judge Shauck, in the Columbus Judicial Circuit is 1,937. MRS. JULIA WETZEL, a Marion widow, uu sq 988 JO ano swimpled SEM shark. MAHONING valley mine strikers will return to work at old prices. Two Findlay burglars blew the C., S. & C. ticket office safe and were just about to gobble the swag when the agent came along and gobbled them. GEORGE FISHER, Henry Wyscup and -xe uu " petted OJOM Burdent Charles plosion of dynamite, at Custer's stone quarry, Lima. Three other men were injured. ELMER L. SHARKEY, who was to hang on the 14th, has again been respited, this time indefinitely. Sharkey is dise percedxe e eH sutisfed. pardon. GEO. IRELAND was killed near Wash7A Day ton, B " "H O and Chicago train. THE official plurality for Secretary of State Ryan in Hamilton County is 8,599. pus '886's st Congress JOJ Storer JO 7"4" '089'2 Cald JO DAVID EDWARDS, Vendocia hermit, 000'09$ his 01 shirs ou pus alone poip have yet appeared. ED McCARTHY. Cincinnati murderer, eqf up Jopanus JO useq seq person 18.1g RECENTLY Leander Lett, of Meigs