First National Bank - Knoxville, TN

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 391
Charter Number: 391
Start Date: December 2, 1872
Location: Knoxville, Tennessee (35.961, -83.921)

Metadata

Model: gpt-5-mini
Short Digest: 72c1af07

Response Measures

None

Description

No bank run is described in the articles. Article (1872-11-09) states the First National Bank goes into liquidation on the 2d proximo, indicating a voluntary liquidation/suspension (interpreted as 1872-12-02). Later items (1895 and 1930) reference receivers/receiver appointment, indicating additional closures/receiverships in later years. Because the events are suspensions/receiverships with no reported run, classify as suspension_closure. Dates inferred from publication context: '2d proximo' from Nov 9, 1872 -> 1872-12-02.

Events (5)

1. April 19, 1864 Chartered

Source: historical_nic

2. October 22, 1872 Voluntary Liquidation

Source: historical_nic

3. December 2, 1872 Suspension

Cause: Voluntary Liquidation
Cause Details: Article states the bank goes into liquidation on the 2d proximo, indicating a voluntary winding up.
Newspaper Excerpt: the First National Bank,-which goes into liquidation on the 2d proximo
Source: newspapers

4. January 24, 1895 Receivership

Newspaper Excerpt: John I. Cox, receiver of the First National Bank, and Bank Examiners F. M. Hayes and John M. Miller, Jr., are in Knoxville
Source: newspapers

5. December 27, 1930 Receivership

Newspaper Excerpt: George L. Ogdin of Knoxville has been appointed receiver for First National Bank.
Source: newspapers

Newspaper Articles (3)

1. November 9, 1872 Knoxville Daily Chronicle Knoxville, TN

Article from Knoxville Daily Chronicle, November 9, 1872

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Article Text

Commercial Bank. The above is the title of a new banking house which will go into operation on the 15th inst., in this city. The officers are, R. M. McMcClung, President; R. R. Bearden, Vice President, and Sam. House, Cashier. The following gentlemen compose the Board of Directors: Geo. W. Ross, T. D. Boynton, H. B. Henegar, James R. Cocke and R. R. Bearden. The institution was organized on the 7th instant and will open under the most favorable auspices, and the President and Cashier having been long connected with the First National Bank,-which goes into liquidation on the 2d proximo, after a run of great prosperity, its stock being worth to-day over fifty per cent. premium--the Commercial Bank will naturally fall heir to a large share of the patronage enjoyed by the First National in deposits and general business. Its location is in the center of business, next door to the Exchange and Deposit Bank, which is now being fitted up with all the conveniences of a first-class banking house.

2. January 24, 1895 The Comet Johnson City, TN

Article from The Comet, January 24, 1895

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Article Text

PERSONAL MENTION And Local News of the Town and Vicinity Briefly Told. Use Ivory flour. Western beef at Jackson's. $1 does wonders at Jackson's. It pays to trade at Jackson's. See that fine glassware at Jackson's. Edwin Hankle was in the city this week. Charlie Seehorn was in the city Monday. For quality of goods and fair dealing go to Jackson's. Dr. E. E. Hunter was down from Elizabethton Monday. There was a dance at the Oxford last Thursday night. Robinson Crusoe at the opera house Tuesday, January 29. M. Jackson is exclusive agent for Armour's fresh meats. Wm. F. Duffy, C. E., was up from Greeneville Tuesday. C. K. Lide and son, Frank, went out to Erwin Tuesday. Jackson's Mocha and Java blend of coffee can't be excelled. At the opera house Tuesday, January 29-Robinson Crusoe. Robinson Crusoe, a three act drama, at the opera house Tuesday, Jan. 29. Gold Dust flour is the best fancy patent sold here. It is 80 guaranteed. Chas. Way, of Telford, was the guest of E. E. Ellsworth in this city Tuesday. R. L. Bruner, of the Racket Store, made a business trip to Erwin last Tuesday. One steak of that nice, tender Western beef at Jackson's and you will have no other. e W. J. Exum has returned from a Christmas visit to homefolks in North e Carolina. Mrs. E. M. Sinclair is visiting the family of Mrs. Henry DeArmond, on e Myrtle street. Miss Annie Gentry, one of our most popular young ladies, is visiting Bristol relatives. Hou. Robt. Burrow and S. S. Crum. ley left Tuesday for Knoxville to represent J. E. Crandall in the Federal Court. John I. Cox, receiver of the First National Bank, and Bank Examiners F. M. Hayes and John M. Miller, Jr., are in Knoxville to assist in prosecuting J. E. Crandall, Hon F. P. Burch left Tuesday for Conway, Ark, to join Gov. Taylor and travel with him through Texas. It is believed by many that Senator Burch is reconnoitering, as it were, and tshould he find a fair claimant in every way satisfactory to himself it is the unanimous opinion of his friends that he will "squat" in that vicinity.

3. December 27, 1930 The Knoxville News-Sentinel Knoxville, TN

Article from The Knoxville News-Sentinel, December 27, 1930

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Article Text

WIDOW OUT OF JAIL Mrs. Letty Jones, 35, indicted jointly with Grant Mabe, 18, on charge of killing her husband, Will Jones, is now out of jail on $5000 bond. Mabe, who confessed to the murder, is in the asylum at Knoxville BANK RECEIVER NAMED Special News-Sentinel George L. Ogdin of Knoxville has been appointed receiver for First National Bank.