18849. National Bank of Crawford County (Meadville, PA)

Bank Information

Episode Type
Suspension → Reopening
Bank Type
national
Bank ID
1124
Charter Number
1124
Start Date
March 31, 1866
Location
Meadville, Pennsylvania (41.648, -80.148)

Metadata

Model
gpt-5-mini
Short Digest
27e1531b

Response Measures

None

Description

Contemporary newspaper reports (Mar 31–Apr 4, 1866) state the National Bank of Crawford County has suspended. Articles note no panic, and that Culver, Penn & Co. telegraphed they could arrange every thing and that the bank was receiving bills at par — indicating support and an intention to resume rather than permanent failure. No receivership or permanent closure is reported in these items.

Events (4)

1. May 8, 1865 Chartered
Source
historical_nic
2. March 31, 1866 Other
Newspaper Excerpt
Culver, Penn & Co. have telegraphed west that they could arrange every thing. The Republican advises holders of bills on the Bank of Crawford County not to dispose of them at a discount, announcing that it is receiving them at par for subscriptions and advertisements.
Source
newspapers
3. March 31, 1866 Suspension
Cause Details
Article simply reports suspension without attributing it to rumors, correspondent failures, or government action; immediate cause not specified.
Newspaper Excerpt
The Meadville Republican says that though the National Bank of Crawford county has suspended, there is no panic in that city.
Source
newspapers
4. April 19, 1867 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (2)

Article from Cleveland Daily Leader, March 31, 1866

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Article Text

The Meadville Republican says that though the National Bank of Crawford county has suspended, there is no panic in that city. Culver, Penn & Co. have telegraphed west that they could arrange every thing. The Republican advises holders of bills on the Bank of Crawford County not to dispose of them at a discount,announcing that it is receiving them atpar for subscriptionsandadvertisements


Article from Daily Union and American, April 4, 1866

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Article Text

been arrested at Cleveland, Tens., for the murder of W. T. Shelton, in February last. - East Tennessee papers report the fruit and wheat crop as badly damaged by the late cold snap. - Several splendid concerts are to be given in St. Louis to raise money for the widows and orphans of rebel soldiers. Subscriptions are also being solicited to help the fair at Baltimore. - The General Conference of the Methodist Episcopal Church South meeth at New Orleans to-day. - Hon. Alex. H. Stevens has arrived in Washington. - Quantrell has turned out not to be Quantrell, but another man of the name of Hamilton. This was determined after a :failure to find a complement of strawberry marks. - A new tax bill has been agreed on by the Ways and Means Committee. Among the articles on which the tax is to be withdrawn, are freights, millinery, clothing, dress-making and gold leaf. - The Meadville Republican says that though the National Bank of Crawford County, Pennsylvania, has suspended, there is no panic in that city. The Republican advises holders of bills on the Bank of Crawford County not to dispose of them at: a discount. - The Galveston Bulletin says that a large part of three companies of the 48th Ohio Regiment stacked their arms the other day. and refused to do duty, on the ground that orders from Washington for their muster out had been disregarded. Colored troops arrested and now guard the insurgents. - Fessenden from the Finance Committee, reported back the loan bill without amendment. -Senator Wright of New Jersey has returned to Washington. -Mr. Shellabarger, of Ohio, has introduced a new Civil Rights Bill, which was referred to the Committee on the Judiciary. -The Savanah Herald, of the 29th, announce8 the arrival of Hon. D. L. Yulee, late a prisoner in Fort Pulaski. having been parcled by order of the War Department, to proceed to his home in Florida, and to report at least once a month to the Adjutant General. - Dispatches from Indianapolis, Ind., states that the township election to-day passed off quietly. Canvashers for both parties were at the polls, and Democrats for the first time in five years were allowed to distribute tickets. The vote is close, and the result not yet known. Partial returns from other points in the State show decided Democratic gains.