Bank of Wauseon - Wauseon, OH

Bank Information

Episode Type: Suspension → Reopening
Bank Type: state
Start Date: October 1, 1907*
Location: Wauseon, Ohio (41.549, -84.142)

Metadata

Model: gpt-5-mini
Short Digest: 2baf95bd

Response Measures

None

Description

Article (1915) states the Bank of Wauseon was forced to suspend as a result of the panic of 1907. No mention of depositor run or permanent closure in this excerpt; suspension is attributed to the 1907 panic (macro/systemic). The record does not say whether the bank later reopened or remained permanently closed; I classify as suspension_reopening as the most likely non-run suspension due to a macro panic but note uncertainty.

Events (1)

1. October 1, 1907* Suspension

Cause: Macro News
Cause Details: Forced to suspend during the nationwide Panic of 1907 (systemic financial panic affecting many banks).
Newspaper Excerpt: These banks it was said, were forced to suspend as a result of the panic of 1907.
Source: newspapers

Newspaper Articles (1)

1. December 17, 1915 The Democratic Advocate Westminster, MD

Article from The Democratic Advocate, December 17, 1915

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Article Text

Man Has 1400 Creditors. Chicago, Dec. 15.-A bankruptcy petition on behalf of Edward L. Barber, of Aurora, Ill., vice president and general manager of the Interstate Independent Telephone and Telegraph Company, was filed in Federal Court today. Liabilities are scheduled at $1,192,180.43 and securities having a par value of $1,348,950, pledged to creditors are listed as assets. More than 1400 persons are named as creditors. Most of the creditors, it was said, were depositors in the Bank of Wauseon and the Wauseon Savings and Trust Company of Wauseon, O., with which Mr. Barber was identified. These banks it was said, were forced to suspend as a result of the panic of 1907. The securities consist principally of bonds and stocks of independent telephone companies of the Middle West and South.