First National Bank - Wellston, OH

Bank Information

Episode Type: Run Only
Bank Type: national
Bank ID: 3565
Charter Number: 3565
Start Date: June 23, 1887
Location: Wellston, Ohio (39.123, -82.533)

Metadata

Model: gpt-5-mini
Short Digest: 8ff3c83d

Response Measures

None

Other: Article is a local political/newspaper dispute and a signed statement by directors denying accusations about the First National Bank; no run or suspension described.

Description

Article (Jackson Standard, 1887-06-30) contains a local letter (dated June 23, 1887) by directors protesting a contemptible lie published in another paper that they say injured the First National Bank and led to people withdrawing subscriptions and 'made a run' on the bank. There is no mention of a suspension, closing, reopening, or receivership. OCR errors corrected (e.g., 1st Nat. Bank interpreted as First National Bank).

Events (2)

1. October 6, 1886 Chartered

Source: historical_nic

2. June 23, 1887 Run

Cause: Rumor Or Misinformation
Cause Details: Directors accuse a 'contemptible lie' published in the Journal intended to injure the bank; said to have caused withdrawals/'made a run'.
Newspaper Excerpt: That vote the ... your Bank, injured and the did made a run city, perhaps, men. / A made by the Journal ... false... to injure the Wellston Bank
Source: newspapers

Newspaper Articles (1)

1. June 30, 1887 The Jackson Standard Jackson, Jackson Court House, OH

Article from The Jackson Standard, June 30, 1887

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Article Text

merits, for our ticket-on its If the paign merits of the party. will and Republicans the Republican of Jackson ticket, County the elec- That vote the that ticket is assured. tion certainly of an easy way to victory. is Think of it friends! there is one thing more than over, anIf that we have just gloated journalother the high tone of ism it has in been Jackson. With of cash the subscribers high standing and Standard, large list we have felt friendly well of toward the the newspaper world, Victori- as all the myriads of worlds. over as triumphantly victorious, doggeries raised ous, the miserable spawn their of the weak voice3 who have us, we have felt a charity felt sure for against in their distress, and great inthem high character and Jackson that the development of the tellectual would command the admiration solid press as highly cultured Wellston. and of even as the good people of have people it seems that our rejoicings vague But premature, our hopes praybeen unsatisfactory, and even bitterness. our and tainted with the gall of exchanges, ers up one of our best week, our Taking Argus, last scrutiny the Wellston soon caught this graceful paragraph: 'Boom Department' week of was the "The Standard, this successful as Jackson John Mackley humorist is and a poet, daisy. and a paragrapher we wish the a Standard the prosperity Wind it deserves. Valley when Railway we read stock it, rose and thirty per hear cent, in the dim, shadowy toot the distance, we could the flying engines it seems we of Jackson. But When we glory traveling backward. a habit of swallowing were were a small for the boy a fat comfortable we meat had first, finish. and keep- But ingthe pie order seemed reversed. this time the reading our hopes the Argus, were On further by the following, in as good blasted may add, signed by other County. and, men we as live in Jackson or any CONTEMPTIBLE LIE! Jackson statement A made by the that E. L. of Journal The was in the its last "financial issue, Bank,' backer is utHarper National injure the Wellston It was made up enterprises, to terly Bank false. and Wellston's reason, and this could be no other uncovered beyond the there by it malice is and comparison. meanness small amount of Mr. Harper Bank has a and there his con- in stock in with this it ends. His compromises failure nection no way embarrasses of all or concerned, the we us. On behalf to the public, a that deliberstatement of say personally the Journal is ate, malicious H. lie. S. BUNDY, JOHN S. McGHEE, J. G. VANDERVORT, R. W. GODDARD. H.S. WILLARD, Directors of 1st Nat. Bank. Then follows this: for The following, which the speaks Jackson place: Journal itself, has by been its subscribers sent to from this Jackson, WELLSTON, O., June 23, o: 1887. Editors Dear of Jackson Sirs:- Journal, We the undersigned do hereby you from subscribers that to your we desire paper our subscrip- this date. who will many tion notify We do to not be discontinued feel justified stoop the to in patronizing do as con- that persons things as past few years, of you have future for an county temptible and in the done in the of Jackson advocate doctrine other paper than we will H.S. Willard. Goddard, LasRepublican look to some W. President First National yours: Bank, R. William H. Pierce, Willey, McGhee Starkey, & Co., E. B. Bingham, Talbott, J H. J. F. B. Lewis, Lem H. Wells, Mrs. O. Rupp, Theo. W. A. Noble, Ed. Evans, Mary liam Austin, Fluhart A. Colley, Curring- J. Hawkins, George Joseph William Maggie Stephenson, Enoch Jones, Jr,. T. J. ton, Peter George A. Cook, good people their Patterson, Morgan. these Hoop, nearly all take ReAs and Argus, good publicanism the Standard that will thrives continue in good of that homes you us a and hasty, friends! You know moresolid are sober kind chance. business We'll circles. sense. ought True, But to give we when we get on more your Bank, injured and the did made a run city, pehaps, men. credit injustice of your to your business you feel great only wanted to make The old "the But we power found of the in press." the Standard, ideas Mount, are oband the The old Standard has in solete. fogy Sermon on Bible the buried been the a killed, and the old we give you beer-barrel, and now boom jourWoe is me! new nalism, school and of you aggressive, are not pleased. feel like saying, to the credit County, of that the We Democracy there is not of much Jackson effort to sus-