Article Text
Could Not Get Discounts MONTGOMERY Ala., Aug. 22-The First National bank has suspended temporarily, there being an inability to raise money on good paper drawn by others, discounted by the bank and protested in New York.
First National Bank (Montgomery, AL)
Episode Information
- Episode UID
181401100- Episode Type
- Suspension → Reopening
- Bank Type
- national
- Bank ID
-
18140national - Charter Number
- 1814
- Start Date
- August 22, 1891
- Location
- Montgomery, Alabama (32.367, -86.300)
Metadata
- Model
- gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
- Short Digest
e33bbc33c09000da
Response Measures
None
Events (2)
1.
April 28, 1871
Chartered
- Source
- historical_nic
2.
August 22, 1891
Suspension
- Cause
- Correspondent
- Cause Details
- Could not raise money on paper the bank had discounted; that paper was protested in New York, causing temporary suspension
- Newspaper Excerpt
- The First National bank has suspended temporarily, there being an inability to raise money on good paper drawn by others, discounted by the bank and protested in New York.
- Source
- newspapers
Newspaper Articles (1)
Click image to open full size in new tab