First National Bank - Windsor, PA

Bank Information

Episode Type: Run Only
Bank Type: national
Bank ID: 12063
Charter Number: 12063
Start Date: March 23, 1933
Location: Windsor, Pennsylvania (39.916, -76.584)

Metadata

Model: gpt-5-mini
Short Digest: 1a5e4854

Response Measures

None

Description

Article (Wilkes-Barre Times Leader, 1933-03-23) reports embezzlement by the cashier and assistant cashier that caused a run on the bank, but that it weathered the storm. No suspension, reopening, or receivership is mentioned.

Events (2)

1. December 13, 1921 Chartered

Source: historical_nic

2. March 23, 1933 Run

Cause: Bank Specific Adverse Info
Cause Details: Embezzlement by the cashier (shortage ~$10) and assistant cashier (shortage $4,558) led to depositor withdrawals.
Measures: No specific remedial measures described beyond the statement that the bank weathered the storm.
Newspaper Excerpt: Mr. Dunsmore said the peculations caused a run on the bank, but that it weathered the storm.
Source: newspapers

Newspaper Articles (1)

1. March 23, 1933 Wilkes-Barre Times Leader, the Evening News Wilkes-Barre, PA

Article from Wilkes-Barre Times Leader, the Evening News, March 23, 1933

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Article Text

TWO BANKERS GET 6 MONTHS AT SCRANTON Hiznay Case Goes Over To May Term Of Court DALLAS MAN ACQUITTED Robert H. Smith. cashier of the First National Bank. of Windsor, Pa., and C. H. Byrd. assistant cash. ier of the same institution, were sentenced to serve six months each in York County prison yesterday afternoon upon pleading guilty to embezzlement before Judbe Albert L. Watson in United States criminal court at Scranton. The two men were alleged to have converted money belonging to the bank to their own uses. Smith's shortage, according to United States Attorney B. Dunsmore, amounted to $10 and Byrd's was $4,558. Mr. Dunsmore said the peculations caused a run on the bank. but that it weathered the storm. Hiznay Case In May On motion of Attorney Walter Hill, Sr., Judge Watson yesterday granted a continuance in the case of Andrew S. Hiznay, former cashof the closed Liberty National Bank of Dickson City, charged with embezzlement. The postponement continued the trial until the May term of Federal criminal court in Harrisburg. Attorney Hill argued that his client has not had sufficient time to prepare defense because of delay securing certain papers and records. Hiznay is charged with nineteen separate counts of embezzlement. James R. Wilson, president of the same bank, charged with aiding and abetting Hiznay in his peculations, asked the court to quash the indictment against him. His Attorney James J. Powell, contended that the indictment failed to set forth any facts which constitute an offense. also that there is no part of the penal code that makes it an offense to aid and abet in "having a check certified. Action on the motion was referred because the Wilson case was not scheduled for trial this term. Dallas Man Freed After an hour's deliberation, jury in Federal criminal court at Scranton returned a verdict of acyesterday afternoon in the case of John N. Eschenbach, Carlos P. Cole and Claude T. Isaacs, charged with having conspired to violate the national bankrupt act. Isaacs, president of the bankrupt Dallas Lumber Company, was alleged to have taken Machinery and material from his plant in Dallas to Eschenbach's lumber yard in Stroudsburg to avoid listing them among his assets when his busines failed. Cole was Eschenbach's sales manager The defene was built on the contention that the moved machines and lumber was assigned and transferred before the Dallas firm went into bankruptsy.