Church, Bills & Company (Ithaca, MI)

Episode Information

Episode UID
1854449191115
Episode Type
Suspension → Closure
Bank Type
trust
Bank ID
185444919 hash
Start Date
November 29, 1892
Location
Ithaca, Michigan (43.292, -84.608)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
0e7268a9f1392637

Response Measures

None

Description

OCR in article headline shows Chinch but context and body indicate Church, Bills & Co.

Events (1)
1. November 29, 1892 Suspension
Cause
Local Banks
Cause Details
Failure/suspension of related O. P. Bills & Co. (Tecumseh/Toledo) embarrassed the Ithaca bank and led to closure.
Newspaper Excerpt
Church, Bills & Co.'s bank closed this morning.
Source
newspapers

Newspaper Articles (2)
1. November 30, 1892 Grand Rapids Herald Grand Rapids, MI
Article from Grand Rapids Herald, November 30, 1892

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Article Text

IS A QUICK CRASH Chinch, Bills & Co. to Close Their Ithaca Bank. DUE TO THE OTHER FAILURE Mr. Bills is Said to Have Turned Over All His Property for the Benefit of His Creditors, ITHACA, Nov. 29.-Beaides their Toledo business, the Bills family are interested in no less than five banks in Michigan, including the one at Tecumsch. The suspension of 0. P. Bills & Co., at the latter town, seems likely to produce a distubance in financial affairg in this state which has been equaled by no business trouble in years. Church, Bills Co., bankers, of this place, failed to open their doors this morning. Cashier W. B. Scattergood says that he can give no statement at present further than that the failure of O. P. Bills & Co. has embarrassed them.

2. November 30, 1892 The Seattle Post-Intelligencer Seattle, WA
Article from The Seattle Post-Intelligencer, November 30, 1892

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Article Text

A Michigan Bank Suspends. TECUMSEH, Mich., Nov. 29.-The doors of O. P. Bills & Co.'s bank remain closed, notwithstanding the assurance yesterday by Bills that he hoped to resume in a few hours. A considerable amount of school money and other public funds are said to be on deposit in the bank. ITHACA, Mich., Nov. 29.-Church, Bills & Co.'s bank closed this morning. The deposits amount to $30,000. It is not known to what extent the bank is involved with the failure of Bills & Co. and the Toledo Navigation Company.