Perrysburg Bank - Perrysburg, OH

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: November 22, 1858
Location: Perrysburg, Ohio (41.557, -83.627)

Metadata

Model: gpt-5-mini
Short Digest: 7962630d

Response Measures

None

Description

Article (The Wyandot Pioneer, 1858-11-26) reports the Perrysburg Bank made an assignment and an assignee (S. Spink) was named; failure to make collections cited as cause. No run is mentioned; this is a suspension with receivership/permanent closure.

Events (2)

1. November 22, 1858 Receivership

Newspaper Excerpt: S. Spink Esq., is the assignee. Their failure to make collections is the cause assigned by the proprietors for their inability to meet the demands upon them; it is believed that the assets will be more than sufficient to meet all liabilities. The assignee will probably be able to report the true condition of affairs next week.Perrysburg Journal.
Source: newspapers

2. November 22, 1858 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Failure to make collections leading to inability to meet demands; proprietors cited inability to collect as reason for assignment
Newspaper Excerpt: The Perrysburg Bank, made an assignment on Monday morning last. S. Spink Esq., is the assignee. Their failure to make collections is the cause assigned by the proprietors for their inability to meet the demands upon them
Source: newspapers

Newspaper Articles (1)

1. November 26, 1858 The Wyandot Pioneer Upper Sandusky, OH

Article from The Wyandot Pioneer, November 26, 1858

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Article Text

ASSIGNED.-The Perrysburg Bank, made an assignment on Monday morning last. S. Spink Esq., is the assignee. Their failure to make collections is the cause assigned by the proprietors for their inability to meet the demands upon them; it is believed that the assets will be more than sufficient to meet all liabilities. The assignee will probably be able to report the true condition of affairs next week.Perrysburg Journal.