Citizens National Bank - New Philadelphia, OH

Bank Information

Episode Type: Run Only
Bank Type: national
Bank ID: 1999
Charter Number: 1999
Start Date: June 15, 1905
Location: New Philadelphia, Ohio (40.490, -81.446)

Metadata

Model: gpt-5-mini
Short Digest: e13578a9

Response Measures

Accommodated withdrawals

Description

Single article (Stark County Democrat, 1905-06-20) reports a run precipitated by the continued absence of a high bank official. Bank met all demands and remained open. Date in article says the run was Thursday; newspaper dated 1905-06-20. I infer the run occurred on 1905-06-15 (the Thursday before publication). No suspension or receivership mentioned.

Events (2)

1. June 20, 1872 Chartered

Source: historical_nic

2. June 15, 1905 Run

Cause: Rumor Or Misinformation
Cause Details: Scare triggered by the continued absence of a high bank official, prompting depositor nervousness/withdrawals.
Measures: Paid all demands promptly; kept enough money on hand to meet withdrawals.
Newspaper Excerpt: A run was made Thursday on the Citizens' National bank at New Philadelphia. All demands were promptly met, however, and enough money was kept on hand to pay all who presented their claims. The scare was occasioned by the continued absence from the city of a high official of the bank.
Source: newspapers

Newspaper Articles (1)

1. June 20, 1905 The Stark County Democrat Canton, OH

Article from The Stark County Democrat, June 20, 1905

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Article Text

RUN ON BANK Made at New Philadelphia Because an Official Was Absent. A run was made Thursday on the Citizens' National bank at New Philadelphia. All demands were promptly met, however, and enough money was kept on hand to pay all who presented their claims. The scare was occasioned by the continued absence from the city of a high official of the bank.