Bank of Xenia - Xenia, OH

Bank Information

Episode Type: Suspension → Reopening
Bank Type: state
Start Date: March 4, 1842
Location: Xenia, Ohio (39.685, -83.930)

Metadata

Model: gpt-5-mini
Short Digest: 9e88e133

Response Measures

None

Description

Article (New-York Tribune, 1842-02-28) reports the 'Clinton of Columbus' resolved to resume on 4 March as required by the act, implying it had been suspended and will reopen. No run or depositor panic is described. As required by the act suggests government action (statutory requirement) prompted resumption.

Events (2)

1. March 4, 1842 Reopening

Newspaper Excerpt: Twenty-two of the Ohio Banks have resolved to resume on the 4th March next, as required by the act. ... Clinton of Columbus will resume on the 4th of March next.
Source: newspapers

2. * Suspension

Cause: Government Action
Cause Details: Bank had been suspended and is resolving to resume operations as required by an act (statutory/government directive).
Newspaper Excerpt: Twenty-two of the Ohio Banks have resolved to resume on the 4th March next, as required by the act. ... Clinton of Columbus
Source: newspapers

Newspaper Articles (1)

1. February 28, 1842 New-York Tribune New York, NY

Article from New-York Tribune, February 28, 1842

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Article Text

The Lajayette Bank is authorized to receive its notes for any debts due it. A Receiver will be appointed on the second Tuesday in March. It is supposed that Mr. Robinson, the President, will be appointed, in which case there is reason to believe that the deposites and circulation will be paid off by the 1st June next. It is the opinion of those well informed on the subject, yet disinterested, that the stockholders will eventually receive about 33j per cent. Twenty-two of the Ohio Banks have resolved to resume on the 4th March next, as required by the act. The Commercial Bank of Scioto was one. The Franklin Bank of Columbus did not agree. Its bills are thrown out by the Cincinnati Banks. The charter of the Urbana Bank has been repealed. The Lancaster Bank is paying its notes, one-fourth in specie and three-fourths in certificates, currency or drafts. The following are the Banks which have resolved to resuine on the 4th of March The Franklin, Lafayette and Commercial Banks of Cincinnati; Banks of Dayton, Xenia, Scioto, Circleville, Marietta, Muskingum, Zanesville, Massillon, Sandusky, Wooster, St. Clairsville, Norwalk, Geauga, Western Reserve. New Lisbon, Mount Pleasant, Clinton of Columbus, and Farmers' and Mechanics' of Stenhensille