17883. Second National Bank (Columbia, TN)

View Charter #2568 on SPMC

Bank Information

Episode Type
Run → Suspension → Closure
Bank Type
national
Bank ID
2568
Charter Number
2568
Start Date
October 4, 1892
Location
Columbia, Tennessee (35.615, -87.035)

Metadata

Model
gpt-5-mini
Short Digest
0639438178624d27

Response Measures

Accommodated withdrawals, Borrowed from banks or large institutions, Public signal of financial health, Capital injected, Full suspension, Books examined

Receivership Details

Depositor recovery rate
56.8%
Date receivership started
1893-05-19
Date receivership terminated
1905-09-30
OCC cause of failure
Fraud
Share of assets assessed as good
23.2%
Share of assets assessed as doubtful
40.3%
Share of assets assessed as worthless
36.6%

Description

October 1892: a run driven by 'wild and baseless rumors' occurred but the bank met withdrawals and remained open. April 28, 1893: bank suspended payments citing continued withdrawals since the Nashville failures. May 19, 1893: Comptroller appointed a receiver; June 1893 assessment of 100% on shareholders indicates permanent failure. Sequence = run → suspension → receivership/closure.

Events (5)
1. October 3, 1881 Chartered
Source
historical_nic
2. October 4, 1892 Run
Cause
Rumor Or Misinformation
Cause Details
Run triggered by 'wild and baseless rumors' and malicious gossip circulated about the bank
Measures
Cashed every check presented; large depositors (Col. N. N. Cox) redeposited funds; bank had ample cash and correspondent support
Newspaper Excerpt
A Run Made on Second National Bank, but Is Easily Met. ... The run was the result of rumors circulated first by enemies to the bank and afterward taken up by idle gossips
Source
newspapers
3. April 28, 1893 Suspension
Cause
Local Banks
Cause Details
Suspension attributed to continued withdrawals following failures in Nashville
Newspaper Excerpt
Owing to continued withdrawals of deposits since the Nashville failures, it is deemed best to suspend payments temporarily.
Source
newspapers
4. May 19, 1893 Receivership
Source
historical_nic
5. May 19, 1893 Receivership
Newspaper Excerpt
Comptroller Eckels to-day appointed Mr. John T. Williamson, receiver of the Second National Bank of Columbia, Tenn., insolvent,
Source
newspapers

Newspaper Articles (22)
1. October 4, 1892 The Columbia Herald Columbia, TN
Article from The Columbia Herald, October 4, 1892

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Article Text

IF the slander-mongers and ghouls, who lack the industry and ability to make a fortune for themselves, and through malice and envy try to tear down the work of others, could be spotted and branded so that no one would believe them hereafter, there would be no more runs on banks, and the finances of the community would be less disturbed. The people who drew their money out of the Second National Bank of Columbia to-day, were the innocent and unconscious victims of idle, malicious mischiefmakers.

2. October 4, 1892 The Columbia Herald Columbia, TN
Article from The Columbia Herald, October 4, 1892

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Article Text

THE Second National Bank has been tried and found to be solvent. It is stronger now in the confidence of the people than it was before, because it has stood the run of the excited crowd and by cashing every check presented, proven its ability to pay. It should thank its enemies for putting it to the test.

3. October 4, 1892 The Columbia Herald Columbia, TN
Article from The Columbia Herald, October 4, 1892

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Article Text

A Run Made on Second National Bank, but Is Easily Met. The Deposits for the Day Will Exceed the Withdrawals, and Confidence Is Restored. The Run Caused by Wild and Baseless Ramors-Large Depositors Not Uneasy-Col. N. N. Cox Deposits $10.000 and Offers More. expected yesterday, a considerable run was made by dep in tors on the Second National Bank to-day. The bank has stood the strain as firm'y as the Rock of Gibraltar. The back bone of the uneasiness is already broken, and the crisis is past. It wasonly the smaller depositors that called for their money. The large holders stood around and smiled at the uneasiness of their smaller and more excitable CO leagues. They bad investigated the affairs of the bank and had satisfied themselves of the complete solvency of thein-titution. More money went in than came out. The thorough going business m en who keep their eyes open, and act with a knowledge of what they are doing, were depositing all their money, while the uninformed, small depositors were taking theirs out. The two classes were side by side at the cashier's window. One would take out and the other would put in. Our Congressman, Col. N. N Cox, whose clear-headed b siness ability has made him a man of wealth, showed his confidence by handing to the cashier in one parcel, $10,000 01 good Williamson County gold. Merchants, lawyers, farmers, vied with each other in showing their confidence by handing in their money. There was is considerable crowd around the bank all day, but a large number of them were making deposits, or curiosity seekers, some of whom had money in the bank themselves and others who had none any where. The run was the result of rumors circulated first by enemies to the bank and afterward taken up by idle gossips who had nothing to lose by the trouble which such reckless talk is calculated to bring. Designing men began first to whisper it several weeks ago, and idle gossip took it up and talked it louder and louder until it broke out into audible babblings Saturday afternoon. These wild rumors were carried all over the county yesterday and this morning's scenes were the result The meeting of the courts, and the usual first Monday gatherings brought an unusually large crowd to town on other business, and gave the appearance of more excitement than there really was. There was no sort of ground for such rumors or feeling of panic, and the best proof of it is the fact that every depositor ho has called for his money has got it, and there is plenty more in sight for others who care to demand it. As the doors of the bank swung open at 9 o'clock this morning and the nervous crowd surged in, they confronted the Cashier, Geo. Childress, looking at them coolly and cheerfully from behind stacks of gold and silver and greenbacks and bauk notes, that would have paid a king's ransom. Besides these piles'of money, there were, we are reliably informed, ample thousands which had been placed at his command by other banks and individuals at home and abroad. He had but to say the word and the gold would have poured into his coffers by special train if necessary. Fortunately it was not necessary. Confidence was soon comparatively restored, and the run during the clos ing hours of the day dwindled down to a small number of the smaller depositors. Col. Cox offered another $10,000 on deposit but it was not needed. The bank footings on Saturday, when the run first began, were reassuring. They showed that the bank had received over $19,000 and only $6,000 had been withdrawn. We go to press before the hard worked bank officials can make up the results of the day, but there is no doubt but that the deposits have since

4. October 6, 1892 The Morning News Savannah, GA
Article from The Morning News, October 6, 1892

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A Run on a Bank Ended. NASHVILLE, TENN.. Oct. 5.-A special to the American from Colu nbia says the run on the Second National Bank of that city is about over, and the people are again making deposits.

5. October 8, 1892 Fort Worth Gazette Fort Worth, TX
Article from Fort Worth Gazette, October 8, 1892

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Funeral Directors' association of the United States and the "Dominion of Canada, is in session. Negroes are organizing near Camden, Ark., and a race war is threatened. A run is being made on the Second National bank of Columbia, Tenn.

6. October 14, 1892 The Iola Register Iola, KS
Article from The Iola Register, October 14, 1892

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THE SOUTH. THE New Orleans exchange statement shows the smallest movement into sight of the crop for September since 1888. THE tenth annual convention of the National Association of Fire Chiefs was in session at Louisville, Ky. THE bodies of six sailors and wreckage of an unknown vessel have been washed ashore at Wilmington, N. C. GEN. JAMES G. FIELD, the people's party candidate for vice president, who was billed to speak at Huntington, W. Va., failed to arrive. The people's party managers did not know what had become of him. THE Florida election went in favor of the democrats by about 25,000 majority. THIEVES attempted to raid a store near Denny, Miss., and three persons who resisted them were killed. THE election for state officers occurred in Georgia on the 5th. The democratic ticket was elected over the people's by about 50,000 majority. A negro named Horton was shot dead near Augusta for interfering with some democratic negroes going to the polls. RAILROADS are suing Arkansas for twenty-six years' back interest on construction bonds. THERE is a movement on foot to erect a monument to Lafayette in the old graveyard near the Birmingham meeting house, where the hero drew his sword in the battle of Brandywine in 1777. THE run on the Second national bank, of Columbia, Tenn., is over, and the people are again making deposits. IN a desperate fight with moonshiners in Lincoln county, Tenn., S. D. Mather, deputy internal revenue collector, was shot and instantly killed and Joe Spurrier, special deputy collector, and C. S. Carwell, general deputy collector, were mortally wounded. MILLIE BROWN, a fifteen-year-old colored girl, was executed at Spartansburg, S. C., for the murder of W. C. Carpenter's infant at Gaffney City in June last. On the same scaffold a negro male murderer was hanged at the same time. BEFORE the Young Men's Republican club of Baltimore, Hon. Albert Griffin recently made a strong address on the political situation in the south. ALBERT FOSTER, under arrest as an accomplice in the murder of ex-Congressman Morgan, of Hernando, Miss, died in jail at Holly Springs.

7. October 15, 1892 The Ohio Democrat Logan, OH
Article from The Ohio Democrat, October 15, 1892

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Bank Run Ceasing. COLUMBIA, Tenn., Oct. 6.-The run on the Second national bank is about over, and people are again making deposits.

8. April 29, 1893 The Record-Union Sacramento, CA
Article from The Record-Union, April 29, 1893

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Payment Suspended. COLUMBIA (Tenn.), April 28.-This morning the doors of the Second National Bank were closed. The following notice was posted thereon: "Owing to continued withdrawals of deposits since the Nashville failures, it is deemed best to suspend payments temporarily." No statement of the bank's affairs has yet been made public.

9. April 29, 1893 The Helena Independent Helena, MT
Article from The Helena Independent, April 29, 1893

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RECEIVER FOR THE ANN ARBOR. Financial Troubles Follow Those of Labor. TOLEDO, April 28. - A bill asking for the appointment of n receiver for the Toledo, Ann Arbo: & North Michigan railroad, was filed in the United States cours this morning at the instance of the Craig Shipbuilding company. The cours appointed W. R. Burt, of Baginaw, Mich., father-in-law of W. H. Ashley, general manager of the road. The action of Craig is brought to secure A balance due on two boats built by them for the road to carry full trains across the Inke, at a cost of $238,000, half of which, secured by notes, remains unpaid. On the notes $20,000 is due and the Ashleys notified Craig that they would be unable to meet the obligation. John C aig, head of the company, has further claims of $29,000. Burt will take possession immediately. COLUMBIA, Tenn., April 28.-This morning the doors of the Second National bank were closed. The following notice WAR posted thereon: "Owing to continued withdrawals of deposits since the Nashville failure it is deemed best to suspend payment temporarily." No statement of the bank's affairs has yet been made public. SIOUX CITY, Iowa, April 28. -Sooy, Smith & Co. to-day filed a mechanic's lien against the Pacific Short Line Bridge company and the Missonri River Bridge company to secure a claim of $92,935 for contruction work and material used on the structure, under contract with the Phoenix Bridge company, principal contractors. The lien covers the same property as the levy made by the Boston Investment company yesterday.

10. April 29, 1893 The Times Richmond, VA
Article from The Times, April 29, 1893

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ANOTHER BANK SUSPENDS. Doors of the Second National Bank of Columbia Closed Temporarily. 9 COLUMBIA, TENN., April 28.-At o'clock this morning the doors of the Secend National Bank of Columbia were closed, and the following notice was posted thereon: "Owing to the continued withdrawals of deposits from this bank since the Nashville failure. it is deemed best to suspend payment temporarily." Cashier Childress said that since the run was made on his bank in October, which it stood without shaking, he had smooth and easy sailing until the recent failures in Nashville. No statement of the banks affairs have as yet been made public.

11. April 29, 1893 The Morning Call San Francisco, CA
Article from The Morning Call, April 29, 1893

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Deposits Withdrawn. COLUMBIA, Tenn., April 28.-This morning the doors of the Second National Bank were closed. The following notice was posted thereon : "Owing to continued withdrawals of deposits since the Nashville failures it Is deemed best to suspend payments temporarily." No statement of the bank's affairs has yet been made public.

12. May 4, 1893 Ellsworth American Ellsworth, ME
Article from Ellsworth American, May 4, 1893

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NEWS. -A. K. Florida, one of the best known real estate men in Missouri, committed suicide at St. Louis Thursday by taking poison. His liabilities are not known. -The threatened strike of Ohio local miners promised to culminate Monday in 20,000 men leaving the mines. -The banks of Columbus, Georgia, have tendered their entire gold reserve to Secretary Carlisle. -Nellie Russell, the four-years-old daughter of John Russell of Peabody, Mass., who for the past tendays has slept continuously, died early Friday morning. She ras unconscious to the last. -President Cleveland struck his head against the door of his carriage when alighting at New York Friday. His forehead was somewhat bruised, but not seriously injured. He was unable to review the parade, being compelled to leave to catch the train for Chicago. -Owing to a continued run on the Second National Bank Columbia, Tenn., it has been closed. No statement of the bank's affairs has been made public. -Failures the last seven days, reported to Dun and Russell, New York, number for the United States 216. The corresponding week last year the figures represent 186 failures in the United States. -Sir Robert Pinsent, P. C. L., senior assistant justice of the Supreme Court of Newfoundland, died Friday morning in London, England, of heart failure. -Fred McKinnon has been arrested at Nashua, N. H. charged with obtaining money under false pretences. He has been receiving letters addressed to Fred Farmer in answer to advertisements for "waiters and young men for the World's Fair." Armed bands have appeared in the interior of Cuba, and the province of Santiago de Cuba has been declared in a state of siege. -Droughts in western Germany and in Austria-Hungary have made everything very dry. In consequence several villages have been wholly or partially destroyed by fire and thousands of peasants are homeless. -Four members of the notorious bridge gang broke jail at Monticello, N. Y., Saturday night and have not yet been captured. -The Supreme Court, upon conference and agreement of counsel, has assigned the trial of Lizzie A. Borden for the term beginning Monday. June 5. at New Bed. ford. unless some reason hereafter appears to the contrary. -Saturday afternoon Annie Moriarty, aged 12, attempted to jump over a bonfire which had been built by some children on Summer street, Quincy, Mass. and was terribly burned about the body. arms and legs. Her clothing was entirely burned off her body. Her mother, Mrs. John Moriarty, in endeavoring to extinguish the flames, was also badly burned about the body, arms and legs. Both were taken to the hospital. -As far as known only five persons lost their lives in Friday's cyclone in the Cherokee Strip, at Guthrie, O. T. Some of the territory over which the cyclone is believed to have swept is inaccessible and it will be several days yet before a full list of fatalities is obtained. -A family named Sauter residing at West Liberty, Pa., were poisoned by eat. ing cake One boy is dead, and another child cannot recover, while the remaining members of the family. seven in number, are in a critical condition. -Henry Dowling, his wife and child were asphyxiated by gas Friday night in their home in Chicago. When found Saturday morning all were dead The gas jet was open and the rooms were filled with gas. An old building at Burlington. Iowa, used as a lodging house for the poor sort of laborers and mechanics, was burned early Sunday morning. Of the 20 boarders six perished in the flames. The the started in the servant's room and suspicious circumstances are connected with it. The coroner will investigate -Twelve waiters at the Hotel Endicott, New York, struck Saturday evening -A house on Second avenue, Pittsburg. Pa., fell Saturday evening. killing six perSODS. -Leander Johnson's 4 years-old child was burned to death in Johnson, R. I., Saturday, while playing about a fire made of brush in a field -The English barkentine Albertina of Windsor, N.S. for Boston. with a cargo of hides, stranded on Brazilian rip. several miles southeast of Muskegat, at 11 o'clock Saturday night. -Harrison & Gore's silk mill near New. burgh. N. Y., was burned Sunday morning. Loss, 8100,000; insurance, 850,000.

13. May 4, 1893 River Falls Journal River Falls, WI
Article from River Falls Journal, May 4, 1893

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Gov. MCKINLEY, of Ohio, was the orator at the 72nd anniversary of the birth of Gen. Grant at his old home in Galena. III. FLAMES destroyed Aldrich & Rav's tin and copper stamping works at Buffalo, Y., the loss being $100,000. THE Reformed church of America celebrated itscentenary at Grace church in Pittsburgh, Pa. WHILE plowing on his farm near Helmick, O.. Jacob Mullet uncovered 150 silver coins, most of them of French mintage of a date as far back as 1775. IN his final report Director General Davis of the world's fair shows the acreage under roof to be 200, 150 acres being covered by the exposition and fifty by the concession buildings, a total of 6,693,300 square feet of space covered. In addition to these are the state and several other buildings. SAM MASSEY and Jim Burke (both colored) were hanged at Benham, Tex., the latter for killing Mrs. J. W. Smith and the former for a criminal assault on Mrs. B. F. Clements. Over 10,000 persons witnessed the execution. THE Second national bank of Columbia, Tenn., suspended on account of heavy withdrawals of deposits. THE famous old Liberty Bell that proclaimed the declaration of American independence 117 years ago arrived in Chicago, closing a tour of triumph from Philadelphia. IN Enterprise, Ore.. Edward R. Bunnell, 50, killed his aged wife and daugh- for diter, then himself, because action vorce had been brought against him. IN northern lowa counties from 10 inches to a foot of snow fell. IN horrible agony Clifford Runyan, aged 14, died at Springfield, O., from nicotine poisoning. His last act was to smoke seventy-two cigarettes without stopping. IN Indianapolis Mrs. Ellen O'Connor died at the age of 104 years. FIRE destroyed a boarding house at Burlington, la., and six men perished in the flames and several other persons were injured. A TERRIFIC cyclone devastated Cisco and Eastland county, in Texas, laying waste everything in its path. which was about three-fourths of a mile wide. All but fifty houses in Cisco were wrecked. not a church or schoolhouse was standing and but one house was intact. Thirty persons were killed and over 100 were injured. The most conservative estimates placed the total property loss at over $2,000,000. CHARLES CALDWELL (colored) was hanged at Jonesboro, Ark., for the murder of Tab Freeman, colored, at Big Bay February 18 last. WHILE insane Joseph Halson killed his wife and seven children near St. Augustine, Tex., and then killed himself. E. L. HARPER, who wrecked the Fidelity bank of Cincinnati, was freed from the penitentiary at Columbus. RIVERS near Vandalia and Newton in Illinois overflowed their banks, flooding a vast territory, and crops were ruined. Hundreds of head of cattle and hogs perished. IN Ohio 20,000 miners struck for an advance of five cents per ton in price of mining. NEAR Ponca Agency, I. T., a cyclone did damage to property and and and killed great Jack Keithlay his wife three children and Charles Jackson. IN Chicago Henry Darling and his wife and child were suffocated by fuel gas. ON the 1st the World's Columbian exposition at Chicago was opened in the presence of nearly 500,000 persons. At noon the president of the United States, brief address, pressed the elecand the vast was set in after trie the exposition button, a motion. machinery The of nature of the opening ceremony was characterized by dignity and simplicity.

14. May 4, 1893 Warren Sheaf Warren, MN
Article from Warren Sheaf, May 4, 1893

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IN a tornado at Columbus, Wis., five business blocks and several houses were unroofed. NINE buildings were swept away in a cyclone in the little town of Jenson, Ark., and several others were damaged. IN Chicago William C. Goudy, aged 69, died suddenly in his office in the general offices of the Chicago & Northwestern railroad company. He was regarded as one of the ablest members of the Chicago bar, and was one of the best known lawyers in this country. ON the 27th the National baseball league opened its season of 1893. Two of the six games were postponed by rain, viz., the Boston-New York and Philadelphia-Brooklyn games. The games played resulted as follows: At Cincinnati-Cineinnati, 10; Chicago, 1. At St. Louis-St. Louis, 4; Louisville, 2. At Washington-Washington, 7: Baltimore, 5. At Pittsburgh-Cleveland, 7; Pittsburgh, 2. THE youngest tramp on the continent, John Manners, aged 6 years, arrived at Denison, Tex. Wanners is a professional tramp and has been on the road two years. IIe claims Portland, Ore., as his home. IN Marshall county, Minn., the Red river overflowed its banks for 50 miles and spread 5 or 6 miles into the country on each side. Many farmers lost all their stock and at least $100,000 damage was done. AT Lansing, Mich., the Ingham county savings bank closed its doors, owing to the unsatisfactory condition of the money market. Gov. MCKINLEY, of Ohio, was the orator at the 72nd anniversary of the birth of Gen. Grant at his old home in Galena, Ill. FLAMES destroyed Aldrich & Rav's tin and copper stamping works at Buffalo, N. Y., the loss being $100,000. THE Reformed church of America celebrated its centenary at Grace church in Pittsburgh, Pa. WHILE plowing on his farm near Helmick, O., Jacob Mullet uncovered 150 silver coins, most of them of French mintage of a date as far back as 1775. IN his final report Director General Davis of the world's fair shows the acreage under roof to be 200, 150 acres being covered by the exposition and fifty by the concession buildings, a total of 6,693,300 square feet of space covered. In addition to these are the state and several other buildings. SAM MASSEY and Jim Burke (both colored) were hanged at Benham, Tex., the latter for killing Mrs. J. W. Smith and the former for a criminal assault on Mrs. B. F. Clements. Over 10,000 persons witnessed the execution. THE Second national bank of Columbia, Tenn., suspended on account of heavy withdrawals of deposits. THE famous old Liberty Bell that proclaimed the declaration of American independence 117 years ago arrived in Chicago, closing a tour of triumph from Philadelphia, IN Enterprise. Ore., Edward R. Bunnell, aged 50, killed his wife and daughter, then himself, because action for divorce had been brought against him. IN northern Iowa counties from 10 inches to a foot of snow fell, IN horrible agony Clifford Runyan, aged 14, died at Springfield, o., from nicotine poisoning. His last act was to smoke seventy-two cigarettes without stopping. IN Indianapolis Mrs. Ellen O'Connor died at the age of 104 years.

15. May 5, 1893 The Columbia Herald Columbia, TN
Article from The Columbia Herald, May 5, 1893

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They Want to be Receiver. The race for the receivership of the Second National Bank was right spirited the first of the week: the entries were E H. Hatcher, Esq, Maj. Jno. T Williamson, H. K. Farrell and R. G. Sparrow, of Columbia, and Walter B. Frierson, of Nashville. Mr. Hatcher was strongly endor-ed for the place, but after inquiring into the duties and pay of the office, concluded that his time would be better spent at his profession Since then there have been no further developments. It is not yet deflinitely determined that a receiver will be necessary. If the bank resumes, or if they are allowed to and go into voluntary liquidation, the present officers will serve; or at least the directors will elect who they please.

16. May 19, 1893 The Columbia Herald Columbia, TN
Article from The Columbia Herald, May 19, 1893

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About the Bauk. It may be expected that now very soon, a receiver will be appointed, who will proceed to wind up promptly the affairs of the Second National Bank. The examiner, Mr. Madison Betts, has made his report to Comptroller Eckels and has suggested to him that the business of Columbia and the community demands that the matter be closed up as quickly as possible. It is also the desire of Mr. Bette, owing to the illness of a child, to get away as soon as possible, SO it may be confidently expected that the matter will receive the Comptroller's attention in a very few days.

17. May 20, 1893 The Times Richmond, VA
Article from The Times, May 20, 1893

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A Receiver Appointed. WASHINGTON, D. C., May 19.-Comptroller Eckels to-day appointed Mr. John T. Williamson, receiver of the Second National Bank of Columbia, Tenn., insolvent,

18. June 2, 1893 The Columbia Herald Columbia, TN
Article from The Columbia Herald, June 2, 1893

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Second National Bank Stockholders. The HERALD in its effort to furnish the truth to its readers, has asked Major Williamson, Receiver of the Second National Bank, to furnish for publication r list of the present stockholders of the bank. Not feeling sure of his legal right to do so, he nas referred the matter to Comptroller Eckels. Should he find that he can legally do so, the HERALD will give the list of names and their holdings to the public.

19. June 29, 1893 The Morning News Savannah, GA
Article from The Morning News, June 29, 1893

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HIT FOR 100 PER CENT. Stockholders of a Broken Bank Heavily Assessed by the Government. Nashville, June 28.-Comptroller Eckels to-day levied an assessment of 100 per cent. on the shareholders of the Second National Bank of Columbia, Tenn. The entire assessment is payable July 28, but the receiver of the bank has been authorized to grant an extension without interest to shareholders who pay 25 per cent. of the assessment at that date and who give a satisfactory guarantee to pay 25 per cent. on August 28, and the remainding 50 per cent. on September 28, 1893.

20. June 29, 1893 The Roanoke Times Roanoke, VA
Article from The Roanoke Times, June 29, 1893

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Assessed 100 Per Cent. WASHINGTON, June 28.-Comptroller Eckels to-day levied an assessment of 100 percent. on the shareholders of the Second National Bank of Columbia, Tenn. The entire assessment is pay. able July 28, but the receiver of the bank has been authorized to grant an extension; without interest, to the shareholders who pay 25 per cent. of their assessment at that date and who give satisfactory guarantee to pay 25 per cent. on August 28 and the remainder, 5 per cent., on September 28, 1893.

21. June 29, 1893 The State Chronicle Raleigh, NC
Article from The State Chronicle, June 29, 1893

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Banking Matters. By Southern Associated Press. WASHINGTON, June, 28.-Comptroller Eckels to day levied an assesment of 100 per cent on the shareholders of the Second National Bank of Columbia, Tennessee. The entire assessment is payable July 28, but the receiver of the bank has been authorized to grant an extension without interest to shareholders who pay 25 per cent of assessment at that date, and who give a satisfactory guarantee to pay 25 per cent on August 28th, and the remaining 50 per cent on September 28th, 1893.

22. October 10, 1913 The Columbia Herald Columbia, TN
Article from The Columbia Herald, October 10, 1913

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Twenty-One Years Ago in Columbia (The Daily Herald, Oct., 3, 1892.) As had been expected there was a considerable run on the Second National Bank this morning but the bank stood the run as firmly as the Rock of Gibraltar. The back bone of the run has already been broken and it is confidently expected that the bank will resume business tomorrow morning just as though nothing out of the ordinary had happened. Col. N. N. Cox, the congressman from this district, came to the relief of the bank and proved his confidence in it by depositing $10,000of good Williamson county gold. When the bank opened at 9 o'clock the big crowd that surged in at the doors was confroned by Cashier Geo. Childress looking at them coolly and cheerfully from behind stacks of gold and silver and green backs and bank notes that would have paid a king's ransom. The bank emerged from the run stronger than ever, the deposits for the day being $19,000 while the withdrawals were only $6,000. The street C21 ran away in front of S. W. Scotts and the mules were thrown down. The car jumped the track and the passengers were badly frightened but no one was hurt. The county court, with the full attendance of fifty-two, convened this morning. A poor house commissioner will be electęd. Mrs. Robt. Pillow has returned from a visit to Nashville. Windy T: Ownby blew his republican trumpet at the public square today amid the applause of a considerable crowd of "coons, scalawags and Populists." H. A. McLemore has moved to the Mayes residence on Sixth street. Mittie Elam is recovering. Mrs. J. P. Street and Miss Lucile have returned from Nashville. F. S. Woldridge, after a visit to his brother, has returned to New York.