Article Text
Receiver Appointed for a Bank. Washington, D. C.-By order of the comptroller of the treasury the First National Bank of Rock Creek, O., with a capital of $25,000, was closed Monday and a receiver was appointed.
17695. First National Bank (Rock Creek, OH)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- national
- Bank ID
- 7790
- Charter Number
- 7790
- Start Date
- July 24, 1908
- Location
- Rock Creek, Ohio (41.660, -80.861)
Metadata
- Model
- gpt-5-mini
- Short Digest
8c9c2a8e
Response Measures
None
Receivership Details
- Depositor recovery rate
- 100.0%
- Date receivership started
- 1908-07-20
- Date receivership terminated
- 1910-02-01
- OCC cause of failure
- Excessive lending
- Share of assets assessed as good
- 20.1%
- Share of assets assessed as doubtful
- 75.5%
- Share of assets assessed as worthless
- 4.3%
Description
Newspaper items report the First National Bank of Rock Creek was closed by order of the Comptroller of the Currency and a receiver appointed in July 1908. No mention of depositor runs in the articles, so this is a government-ordered suspension leading to receivership (closure).
Events (4)
1.
June 15, 1905
Chartered
- Source
- historical_nic
2.
July 20, 1908
Receivership
- Source
- historical_nic
3.
July 24, 1908
Receivership
- Newspaper Excerpt
- By order of the comptroller of the treasury the First National bank of Rock Creek, O., with a capital or 000, has been closed and P. Tillinghast has been appointed receiver.
- Source
- newspapers
4.
July 24, 1908
Suspension
- Cause
- Government Action
- Cause Details
- Closed by order of the Comptroller of the Currency (comptroller of the treasury in text) and receiver appointed.
- Newspaper Excerpt
- By order of the comptroller of the treasury the First National Bank of Rock Creek, O., with a capital of $25,000, was closed Monday and a receiver was appointed.
- Source
- newspapers
Newspaper Articles (2)
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Article Text
force after a shutdown of several weeks. The monetary commission created by the last session of congress to gather data on the financial situation held its first meaning at Narragansett Pier, R. I. By order of the comptroller of the treasury the First National bank of Rock Creek, O., with a capital or 000, has been closed and P. Tillinghast has been appointed receiver. The plant of Thomas A. Edison, at Orange, N. J., which employs 2,000 mer, has resumed operations on full time alter running on a reduced time schedule for many months. Because of the heavy crop of hay which must be harvested at once farmers at Outagamie county, are having trouble picking cherries, which are ripening ahead of time. and have in vited the public to help itself. In a special message explaining why he removed Governor-elect Joseph at. Brown from the state railway board, Gov. Hoke Smith of Georgia, says Brown furnished rafiroads with arguments and evidence to fight the 2 cent fare ruling. A new device to promote the safety of passengers and employes on railway trains will be tested in Ch'cago on July 25 by the interstate commerce commission. It is claimed for the device that it will automatically stop a train. Solomon Perris, attorney for the Interstate Transfer railroad company appeared before the railroad commis sion at Madison to ask for a certificate to authorize the road to begin at once the construction of a line from the steel mills near Duluth to Superior. The federal grand jury which has just completed an investigation of the government work on the leper island of Molokai, has discovered that all the employes are aliens, and that they pay 20 per cent of their wages to persons who procure them their situation Dirigible balloons will be carrying passengers and freight between New York and Boston within eighteen months, if the plans of the American Aerial Navigation company are carried out. The first experiments will be made with dirigibles with a capacity of two pessengers. President Gompers, Secretary Morrison, and John Mitchell of the executive council of the American Federation of Labor were cited to answer on Sept. 8 next a charge of contempt in violating a court injunction forbid ding them from continuing a boycott against the Bucks Stove and Range empany. The shop em ayes of the Canadian Pacific railway Winnepeg, gained a signal victory when the eoncil'ation board presented Its report. The nine hour day will continue to prevail in the west. and will soon be granted in the east. No reduction was made in the scale of wages, there will be no sliding scale and helpers will not be