First National Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 369
Charter Number: 369
Start Date: September 5, 1884
Location: Xenia, Ohio (39.685, -83.930)

Metadata

Model: gpt-5-mini
Short Digest: e83438c3

Response Measures

None

Description

Article (dated 1884-09-05) reports the First National Bank of Xenia, Ohio has suspended after its cashier speculated in grain and absconded owing $33,000. The story gives no explicit reopening or receivership details; the cashier's embezzlement suggests a severe bank-specific failure, so I classify this as a suspension that likely leads to closure. If subsequent articles show reopening, the classification should be revised.

Events (3)

1. April 7, 1864 Chartered

Source: historical_nic

2. February 24, 1883 Voluntary Liquidation

Source: historical_nic

3. September 5, 1884 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Cashier speculated in grain and absconded, owing the bank $33,000.
Newspaper Excerpt: THE First National bank, of Xenia, Ohio, has suspended. Its cashier speculated in grain and left for the West owing $33,000 to the bank.
Source: newspapers

Newspaper Articles (1)

1. September 5, 1884 The Middlebury Register and Addison County Journal Middlebury, VT

Article from The Middlebury Register and Addison County Journal, September 5, 1884

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Article Text

South and West. MEMORIAL services were held throughout Utah in honor of the Mormon elders recently murdered in Tennessee. GEORGE JONES (colored) was hanged at Dawson, Ga., for assaulting a white woman. The presence of Statetroops with two cannon prevented anticipated trouble. THE Anti-Monopoly Greenback-Labor party of Illinois met in convention at Bloomington, delegates being present from most of the counties of the State. The Indianapolis National platform was indorsed and a resolution was passed favoring fusion with either of the leading parties, as the State committee should deem best, upon the basis of half the electoral ticket for Butler and West. A State ticket was nominated headed by Jesse Harper for governor. THE First National bank, of Xenia, Ohio, has suspended. Its cashier speculated in grain and left for the West owing $33,000 to the bank. AT the Nebraska Republican State convention in Omaha Governor Dawes was renominated by acclamation and the national ticket was indorsed. THE First National bank of Jamestown, Dakota, has failed. THE Adrian (Mich.) Savings bank has sus' pended. THIRTY-TWO negroes were taken seriously sick on a plantation near Eufaula. Ala., from eating of a pig that had been bitten by a mad dog. All the sick men had symptoms of hy. drophobia. Two THOUSAND Piegan Indians are dying from starvation in Montana owing to an insufficiency of rations. SEVERAL persons were killed and great damage was done to property by tornadoes in Dakota, Illinois, Kentucky and Indiana. A TRANSFER steamer was upset during a hurricane on the Ohio near Evansville, Ind., and from ten to fifteen persons were drowned. FIVE colored men were hanged the other day, as follows: John McKelsey, at Selma, Ala., for murdering his wife: Scip Holley. at Tuscaloosa, Ala., for murdering his em ployer, a young planter; Berry Johnson, at Shreveport, La., for wife murder: Josh Berryman, at Natchitoches, La., for the murder of another colored man, and Willie Williams, at Franklin, La., for murder.