17665. Orrville Farmers' Bank (Orrville, OH)

Bank Information

Episode Type
Suspension → Closure
Bank Type
private
Start Date
December 12, 1885
Location
Orrville, Ohio (40.844, -81.764)

Metadata

Model
gpt-5-mini
Short Digest
38e1febf

Response Measures

None

Description

Multiple newspapers report the Orrville Farmers' Bank (described as a private institution) 'suspended' or 'closed' in mid-December 1885. Reports attribute the failure to outside speculation (i.e., adverse bank-specific losses). No article describes a depositor run, reopening, or appointment of a receiver — the press reports depositors will likely lose their funds, implying permanent failure. Date inferred: suspension occurred on the Saturday before the Dec 14 reports (likely 1885-12-12).

Events (1)

1. December 12, 1885 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Failure caused by outside speculation leading to insolvency/losses of the private bank.
Newspaper Excerpt
The Orrville Farmers' Bank, a private institution ... was closed Saturday. ... The failure is said to have been caused by outside speculation.
Source
newspapers

Newspaper Articles (10)

Article from The Portland Daily Press, December 15, 1885

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Loss Through an Ohio Bank Failure. WOOSTER, O., Dec. 14.-The Orrville Farmers' Bank, a private institution run by prominent citizens of Orrville and vicinity, was closed Saturday. The bank was reported to be shaky some time ago, but was reorganized and was thought to be solid. It holds funds of several townships and school districts on deposit, and it is reported that the depositors will lose all. The failure is said to have been caused by outside speculation.


Article from New-York Tribune, December 15, 1885

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CRIMES AND CASUALTIES. STABBED AND THROWN OUT TO DIE. CINCINNATI, Dec. 14. Officers found Katie E. Delaney, aged sixteen years, a working girl, lying on the pavement near her home, No. 384 East Third-st., last night unconscious, and bleeding from a severe wound in the neck. When restored to consciousness she said that George Jones. age twenty-two, living next door, had enticed her into his house under the pretence of showing her some pictures and then assaulted her, finally stabbing her in the neek with some sharp instrument. SWINDLED BY BANK OFFICERS. WOOSTER, Ohio, Dec. 14.-The Orrville Farmers' Bank, a private institution run by prominent citizens of Orrville and vicinity, was closed on Saturday. It holds the funds of several townships and school districts on deposit, and it is reported that the stockholders are 80 situated that the depositors will lose all. The failure is said to have been caused by outside speculation. THE WRECK OF THE OCONTO. DETROIT, Mich., Dec. 14.-The wrecking tug Winslow arrived at Port Huron on Sunday morning. She brought the passengers from the wrecked steamer Oconto and Captain McGregor. The captain and passengers were secured by a yawl boat. They left part of the crew on Charity Island. The Oconto is likely to go to pieces. Two men were left on board with the cattle and horses. SENTENCED FOR WIFE-MURDER SPRINGFIELD, Maas., Dec. 14.-Edward J. Moran, the Holyoke wife murderer, who has been in jail a year and a half, pleaded guilty to manslaughter to-day and was sentenced to tifteen years in the State Prison at Boston.


Article from Sacramento Daily Record-Union, December 15, 1885

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NEWS OF THE MORNING, In New York yesterday Government bonds were quoted at 1233/4 for 4s of 1907; 112% for 41/28; sterling, $4 84½/24 87; 1031/4 for 3s; silver bars, 102%. Silver in London, 47d; consols, 99 11-16d; 5 per cent. United States bonds, extended, 105; 4s, 126¹/₈; 41/28, 1153/8. Mining shares were weaker in San Francisco yesterday morning, but a spasmodic advance in prices took place later. The whole list closed with a dull tone, however. Three ineffectual attempts were made to fire Chinatown in Modesto Sunday night. At the coming poultry show in New York, ostrich eggs are to be hatched in an incubator. Several miners were badly injured near Wilkesbarre, Pa., yesterday, by an explosion of gas. The sacred white elephant of Burmah is dead. Joe Jefferson. the actor, will settle permanently at Orange Island, La., with his family. General Robert Toombs is dying at Washington, Ga. The Orrville (0.) Farmers' Bank has suspended. Memorial services were held at Frogmore, England, yesterday, for the late Frince Consort, who died December 14, 1861. Edward Burghardt was found dead in bed, Sunday, at Anderson, Shasta county. It is proposed to colonize about 2,000 colored families in Brazoria county, Tex. It is feared in New York that Vanderbilt's body will be stolen and held for ransom. E. B. Burlingame dropped dead in Marysville yesterday, of heart disease. Fire at St. Helen's, Or.; loss, $10,000. The Transcontinental Association began its session in San Francisco yesterday. The Beaver, the first steam vessel in the Pacific Ocean, was sunk yesterday at Victoria, B. C. The Colonist and Post, of Victoria, B. C., have both been sued for libel by Judge Walken, exPremier of the province. A blind man and two children were drowned in Lake Champlain, yesterday. The funeral of the late B. Gratz Brown will take place to-day at Kirkwood, Missouri. Col. George W. Waters, 88 years of age, died in San Francisco last evening, from gas asphyxia_ tion.


Article from Savannah Morning News, December 15, 1885

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A TRAIN FIRED ON. LIVE, OAK, Fla., Dec. 14.-At 5 o'clock this evening the east bound train on the Florida Railway and Navigation Company's road due here at 5:09 o'clock, was fired on when about one mile from this place. Miss Kate Billinger, of Jefferson county, who was sitting near a window narrowly escaped being shot, one ball just missing her head about four inches breaking a number of glasses and cutting her face severely. The parties who did the shooting are unknown. FAILURE OF A BANK. Outside Speculation the Secret-Depositors Without Hope. WOOSTER, O., Dec. 14.-The Orrville Farmers' Bank, a private institution run by prominent citizens of Orrville and vicinity, was closed Saturday. The bank was reported to be shaky some time ago, but was reorganized and was thought to be solid. It holds the funds of several townships and school districts on deposit, and it is reported that the stockholders are so situated that the depositors will lose all. The depositors, after consulting with lawyers here, have returned to Orrville convinced that their money is gone. The failure is said to have been caused by outside speculation.


Article from The Indianapolis Journal, December 15, 1885

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Bank Failure at Orrville, O. WOOSTER, O., Dec. 14.-The Orrville Farmers' Bank, a private institution, run by prominent citizens of Orrville and vicinity, suspended on Saturday. It was reported shaky some time ago, but was reorganized, and it was believed to be solid. It holds funds of several townships and school districts on deposit, and it is reported that the stockholders are so situated that the depositors will lose all. The depositors have consulted lawyers here, but returned to Orrville convinced that their money was gone. The failure is said to have been caused by outside speculation.


Article from Seattle Daily Post-Intelligencer, December 15, 1885

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EASTERN NEWS TELEGRAPH TO THE POST-INTELLIGENCES Toombs sinking. (Ga.), Dec. 14.-Gen. Robert Toembe is AUGUSTA sinking at his home at WashHis physicians say be cannot lagton. recover. Interesting to Claimants Depredations. for Indian 14 The Assistant WASHINGTON, Dec. General has delivered the fol Attorney opinion of interest to elaimants lowing depredations In order to for Indian any claim for Indian depreda entitle be investigated in pursuance of tions provisions of the act of March 3d, the such claim must either have orig 1885, since the revised statutes repealinsted three years' limitation of 1834 ing the into operation, or else, if it origiwent before that time, renet have been asted within three years after the presented memission of the injury which consti the basis of said claim.' There tated about four thousand of these claims are $10,000,000$ about Bastained by the Supreme Court. WASHINGTON, Dec. 14.-The The Supreme today affirmed the judgment of Court Supreme Court of Utah in the case the M. Cannon, plaintiff in error, of Angus the United States. Cannon was against under the Edmands Act for nn indicted cobsbitation with more than one lawful Defendant objected to the woman. of any evidence on the ground giving the indictment did not allege that that was s male person nor that the 00 be hsbitation was with women as wives. The The objection was overruled and a ver of guilty was returned and defend diet was sentenced to pay a fine of $309 ant to be imprisoned for SIX months and to be farther imprisoned until the and of the fine Justice Miller payment dissented from the opinion of the Court. Death of B Gratz Brown. LOUIS, Dec. 13.-Hon. B. Gratz 8a. Brown died at his residence in Kirk wood, suburb of this city, this mornof pneumonia complicated with 10g heart disease. He was 59 years of age. Mr. Brown was 8 prominent figure in the politics of this State for a number of years. He had also earned a national reputation. He made the first emanci pation speech ever delivered in the Mis in connection and Legislature, with souri Frank P. Blair became active in the promotion of that cause. He entered the Union service at the outbreak of the war, and after the close joined what was known at that time as the Liberal movement in this State, which resulted in his election as Governor of the State and the re enfranchisement of the rebeis. Subsequently be was elected to the United States Senate and served for one term, and later was nominated for Vice President of the United States on the Greeley ticket. He ranked high as aman of ability, was philosophical in his tendencies. and was regarded as a profound thinker. Collapse of a Bank. WOOSTER (0.), Dec. 14.-The The Orrville Farmers' Bank, a private institution. run by prominent citizens of Orrville and vicinity, suspended today. It was reported as shaky some time ago, but was reorganized and was believed to be solid. It holds the funds of several townships and school districts on de posit. It is reported that the stockholders are 80 situated that they will lose all. The depositors have consulted lawyers here, but returned to Orrville convinced that their money was gone. The failure is said to have been caused by outside speculation. Definite particulars are not procurable. The Ketley Correspondence. WASHINGTON, Dec. 14 --The President, in response to the Senate resolution adopted on December 9th, transmitted to that body all the papers and correspondence on file relating to the appointment of A. M. Keiley as Minister to Italy and his subsequent appointment as Minister to Austria. The cor respendence begins with a letter to Seo retary Bavard from Baron Fava. the 13th, dated Italian Minister, April 1885, in which he calls attention to an editorial in the New York Herald, in reference to the alleged utteranges of Mr. Keiley, appointed Minister to Italy, in regard to that Government, and says that if the newspaper statement is true. the appointment is a most regretable one. Secretary Bayard answered under the same date making an appointment to see the Italian Minister on April 15th, 15th. and saying that the State Department cannot make an editorial of a newspa per in relation to utterances, confessedly made unofficially some fourteen years age, of a gentleman selected to represent this government in a foreign country, the basis of a discussion with the Minister of that country here. Bayard continues, Having proffered a gentleother sentiments no entertains who man toward your Government than those of entire respect and friendship the honor of representing the Government of the United States in Italy, nothing further dev lves on this Government, and being assured that Mr. Keiley will prove in all respects agreeable and acceptable as a persona gratia to the Government of Italy, we must leave that G vernment to exercise its own and sole die 18 tion in receiving him in the spirit of friendship and respect in which he is sent forth.' Baron Fava under date of April 20th forwards to Secretary Bayard a copy of a telegram received by him from the Italian Minister of Foreign Affairs, the substance of which is that if Keiley gave utterance to the sentiments ascribed to him, be would not be acceptable to the King and asking this Government to appoint another representative ative to Rome. The next letter is one from Keiley to the President resigning the commission. Secretary Bayard writes to Baron Fava under date of April 30th acknowledging the receipt of a copy of the above men tioned telegram, and saying. The feel Ing of your Government on the subject has ontsed an arrestation of Mr. Keiley's movements and he has returned to the President his commission as Minister to Italy and the object of the communi cation of the Italian Minister of Foreign Affairs is therefore accomplished. On May 4th, Secretary Bayard informed Baron Schaeffer, Austrian Min leter at Washington, that the President had appointed Keiley to succeed Fran cie as minister at Vienna. On May 9th. Baron Schaeffer handed Bayard the fol lowing translation of a telegram from Count Kalnoky to himself. dated May 8th: "We regret that the nomination of Mr. Keiley as Minister Plenipotentiary and Envoy Extraordinary to the Imperial Court, and his departure from America, as here also, like in Rome, provail scruples against th . choice. Please direct in the most friendly way, the attention of the American Govern ment to the generally existing diplomatie practice of asking. previously to any nomination of a foreign minister, the Govern agreement the


Article from Seattle Daily Post-Intelligencer, December 15, 1885

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Collapse of a Bank. WOOSTER (0.), Dec. 14.-The Orrville Farmers' Bank, a private institution, run by prominent citizens of Orrville and vicinity, suspended today. It was reported as shaky some time ago, but was reorganized and was believed to be solid. It holds the funds of several townships and school districts on de posit. It is reported that the stockholders are 80 situated that they will lose all. The depositors have consulted lawyers here, but returned to Orrville convinced that their money was gone. The failure is said to have been caused by outside speculation. Definite partieulars are not procurable. The


Article from The Emporia Weekly News, December 17, 1885

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Bank Failure. WOOSTER, 0., Dec. 14 -The Orrville Farmers' bank, & private institution, run by prominent citizens of Orrville and vicinity, suspended Saturday. It was reported sbaky some time ago, but reorganized, and was believed to be solid. It holds the funds of several townships and school districts on deposit, and it is reported that the stockholders are so situsted that depositors will lose all. The failure 18 said to have been caused by outside speculations.


Article from The Emporia Weekly News, December 17, 1885

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Bank Failure. WOOSTER, Uhio, Dec. 14-The Orr. ville Farme 'B' bank, a private institution, run by prominent citizens of Orrville and vicinity, suspended Saturday. It was reported shaky some time ago, but reorganized, and was believed to he solid. It holds the funds of several townships and school districts on deposit, and it is reported that the stockholders are 80 situated that depositors will lose all. The failure is said to have been caused by outside speculations.


Article from The Iola Register, December 25, 1885

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fireproof library building and the purchase 'ethre the JOJ shoos JO THE Singer sewing machine factory at Elizabethport, N. J., shut down recently because of a tax levy of $20,000 by the city. arem exployers perpunq eag pursnous OML "IP! THE Susquehanna Coal Company's mine at Nanticoke, Pa., was flooded by water on the morning of the 18th. Some thirty men were entombed out of about one thousand who were working in the mine, the others succeeding in escaping. Strenuous efforts were being made to rescue the imprisoned miners, but it would take some time for JO equit the clear 04 sdund the 'LSHM THE THE Orrville Farmers' Bank, a private institution run by prominent citizens of Orrville, O., and vicinity, suspended the other day. It held the funds of several townships and school districts on deposit, and it was reported that the stockholders were so situated that depositors would lose "II" IN the Third District Court, at Salt Lake, United States Assistant Attorney Marion moved to dismiss the case of S. P. Lewis for lewdness, appealed from the conviction in the Mormon lower court,on the ground that the conviction was secured by conspiracy and the testimony of accessories. The motion was granted by Judge Zane without prejudice. PLANS for a new railroad bridge to cross the St. Lawrence River at Lachine Rapids, for the Atlantic & Northwestern Railroad, eq IIIM this pies s! 71 Buing are the longest railroad bridge in the world. THE Supreme Court of Ohio, on application of the Attorney General, granted a compol 04 jo FILM Clerk Dalton, of Hamilton County, to make a return of the election abstract. THE police of San Francisco recently discovered the headquarters of an ultra-So-SW the SUM esodind Milose society cialistic sassination of prominent citizens and the firing of Chinatown. Four arrests were made and the capture effected of a quantity of dynamite and infernal machines. ESCAPING gas recently exploded in the vault of the treasury of Terre Haute, Ind. Deputy Bell and City Clerk Davis were seriously injured. The vault was deTHE act of Dakota declaring itself a State and electing United States Senators is de-0A0.1 eq 04 politicias prominent 4q clared lutionary. THE Cherokee Council adjourned on the om desdlock . SUM There 19791 Senate and Chief Bushyhead. Dettority JO quant . Молошроом 1V Mich., early the other morning, Frank Knox, his wife and two children were burned to death in their house. There were suspicions that the house had been robbed and the parties murdered. SUM 3 the uo NIVEL V derailed between Harngood and Market Lane, near Eagle Rock, Idaho, recently. W. O. Palmer, a railroad man, was instantly killed and eight other persons injured, among whom were three Chinamen. MRS. MINER, an insane woman, recently 01 children Joy JO June pus berreff peumq death at Long Prairie, Wyo. T. THE Mormons were reported quiet, and -0.1 of 1666 the no ques элом orders scinding previous orders to send troops to Include Has SENATOR STANFORD, of California, in re01 su to question U 04 esuods JO puuq the 04 relation u! meur eq suq.m professed assassins recently arrested in San Francisco, who had threatened his life, JO II" to you SUM eq that replice them. DURING a fight in Renfrew,Ont., recently, between natives and Poles, one man was killed and two others fatally wounded. PREPARATIONS were reported making at -198 jo convention . call 04 Dalota -op jo esodand the JOJ others pus there nouncing Land Commissioner Sparks for his recent rulings in public land cases. soccelled the 4721 the uo notsses Jujof NI State Legislature of Dakota declared A.C. Rdderton of V 'uoH the puu spoon 'D elected United States Senators for the State of South Dakota. T. W. BUCK, forsix years reporter for the National Hotel Reporter of Chicago, has disappeared after having swindled all the Aouour JO suins Aurious JO ano beeders hotel aggregating over $2,000. He left behind him a wife and two small children in destitute circumstances. PAUL HENDRICKS, Secretary of the Madison Gas Company and a cousin of the late Vice President, dropped dead the other morning of heart disease, at Madison, Ind. PHILLIP MURPHY, a grain trimmer, fiftytwo years old, while helping the Captain of a steam barge tie up to the dock at Cbicago the other morning, had his head jammed between the vessel and the dock. -op рподеq pus, she U 04 crushed SUM 71 scription. Hon. JOHN R. GOODIN, a prominent Democratic politician of Kansas, died at our JO the uo "uvy the mory Condress 01 ques SUM °H 1881 Second District about ten years ago, and candi- Democration . our euo to osta SUM date for Governor. HIBBS, the defaulting Lewiston (Idaho) Postmaster, has been tried and acquitted on four of the eight indictments found against W. H. COOMBS, in charge of Ed. Hammond & Co.'s store at Arlee, Mont., was eq 04 pesoddns Indianal OM1 4q sttached Spokanes, recently, who forcibly entered the store and drove him out. Coombs fired -punom pus euo Lilling them to ing the other. Arlee was deserted soon after by the whites, the Spokanes coming place. the pua u! JO Bish TRAVILE FRANZ Green Bay, Wis., died recently at his home pass 'Xxeldods JO 'Yey Green u! years. TELIOS THE Jucks ay ano blowe ere AREA V equal JO more the uo easy "W sontille :000'09'S JOAO 04 penumous ssor eur 4721 insurance, $305,000. The fire started in Hubbard's warehouses. GENERAL ROBERT TOOMBS, the well known Southern statesman, died at Washington,