21088. City National Bank (Dallas, TX)

Bank Information

Episode Type
Suspension → Reopening
Bank Type
national
Bank ID
2455
Charter Number
2455
Start Date
September 2, 1885
Location
Dallas, Texas (32.783, -96.807)

Metadata

Model
gpt-5-mini
Short Digest
15b7c162

Response Measures

None

Description

Articles report an internal defalcation (~$27,000) by Mr. Nichols discovered by a national bank examiner. The bank was closed pending examination and subsequently allowed to reopen with confidence restored. No run is described in these items.

Events (3)

1. February 17, 1880 Chartered
Source
historical_nic
2. September 2, 1885 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Defalcation/shortage by Mr. Nichols of approximately $27,000 discovered by the national bank examiner, prompting temporary closure while examiner completed his work.
Newspaper Excerpt
The amount of the defalcation is now thought to be about $27,000... allow the bank to throw open its doors for business to-morrow morning.
Source
newspapers
3. September 3, 1885 Reopening
Newspaper Excerpt
It is now to allow the bank to throw open its doors for business to-morrow morning... The shortage of Mr. Nichols will not impair materially the condition of the bank and no run is expected when the doors are opened, confidence in the solvency of the concern having been entirely restored.
Source
newspapers

Newspaper Articles (2)

Article from The Dallas Daily Herald, August 19, 1885

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Article Text

WORTH LOCALNEWS NG NEW ON THE GAZETTE or in the Trustee's Sale Notices. STTE AM volue and in peddiN 19% Depot-The Day's Drift of WORTH, Aug. 18.-[Special.]zette affair continues to be the u1 to ojdos Su 11 corridors, on the streets, in one, on the street cars, in the f the rich, in the abode of the ere is one question which alreots the Faber shover: "What know about the Gazette?" The of definite information extant e probable revival of the paper not burden the mind of the snoremina out anq that are propounded and have sposed of would tax the ability nost expert female chatterbox. that the former attaches of the led newspaper are continually g to the inquisitivo a printed glaring letters: "Nothing Don't know." This has the deffect, but the knights of the don't intend to be put by this stereotyped scheme willrise Phoenix-like and come n again with that old time to you know." At the present can hardly be predicted when or will come out. It is most ponsep eq TITAL reded on suq: e1 you soop 0.88 one 88 'HOOM THE notice RT 11 Type I our ano 705 01 Amixue the 11 -op seq 0000 71 since yesterday and the day There are various reports der what management the paI probably appear when issued. HHI u! g that the Texas Wool Grower, cluded in the deed of trust the City National bank and 00 sold along with the Gazette Grower 100M our B neluded in the deed now, it TOTE #1 our mo pivd HEREID 3HJ as made by the writer of the 100M our TO seq pus mom DO Supsedds -ure 94L pessio uo 03 шоен Grazone 1869 0 n JE asy. I hay think that the paour H sq 0008 99 their services will be in deThe brity of the force are -000 SUJACT "W JO JOANJ DJ the management of the paper, said that the printers told Mr. 1001 sur uo reduct eq2 102 04 That hey would work a week or if need be, for nothing, thus ng in unmistakable terms their ndation of that gentleman's -nJ OJB *seded our 10 7 gain of the probability of two buisq studed 8 SERVICE LIMOIL V night Mr. J. G Hardy,of FarmMissouri, went to the Union in this city, to take the train for Bluff. A pickpocket relieved his ticket before the arrival of SWA "" 'II otified and the ticket brokers look out for the ticket to that Early this morning a negr leorge Bales, attempted to sell ket to Mr. Rowo, the news at the Pickwick. Mr. Rowe bethe lookout, detained the man white up emp 01 or was dispatched for. Officer made the arrest. He claimed found the ticket on the street, succeeded in satisfying the ofthis and he was released. The man has not been caught up et. 'STOHOIN "HW ло procession that followed the reof Mr John Nichols, who died iy esterday morning, was the chip siq1 up ueos 2049 SEM 7841 banks were closed this after15 of respect to the memory of eased gentleman, who was vice nt Oi tue City National bank -secord eq: JO enn will up snone 14 the city fire department, Mr. a having been the first chief, Protection jo eq ompany No. 1. The Rev. A. A n, president of the Wesleyan 3 college, of this city, conducted eq1 14 pus osnoq 991 TH The interment took place in cemetery in the southeastern f the city. The deceased was sally beloved and respected by 01 1088 #14 pus 'Allo out us sost V cannot easily be repaired.


Article from The Dallas Weekly Herald, September 3, 1885

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Article Text

CITY NATIONAL BANK. Mr. E. M. Gatman, national bank examiner, has about finished his labors on the affairs of the City National bank. The amount of the defalcation is now thought to be about $27,000. It was thought at first by the examiner that his labors would not be finished in time to opon the bank be but fore next, Monday intention his it now is to allow the bank to throw open its doors for business to-morrow morning. The shortage of Mr. Nichols will not impair materially the condition of the bank and no run is expected when the doors are opened, confidence in the solvency of the concern having been entirely restored, and thus it is that both the Gazette and the bank, about which there were BO many gloomy forebodings, are on their feet again. COURT MATTERS.