First National Bank (Lisbon, OH)

View Charter #2203 on SPMC View balance sheet

Episode Information

Episode UID
220301186
Episode Type
Suspension → Closure
Bank Type
national
Bank ID
22030 national
Charter Number
2203
Start Date
October 21, 1898
Location
Lisbon, Ohio (40.775, -80.763)

Metadata

Model
gemini-3-flash-preview (chosen from majority vote of a three-model LLM ensemble)
Short Digest
587665a041970094

Response Measures

None

Receivership Details

Depositor recovery rate
73.0%
Date receivership started
1898-11-03
Date receivership terminated
1903-05-18
OCC cause of failure
Fraud
Share of assets assessed as good
14.4%
Share of assets assessed as doubtful
20.3%
Share of assets assessed as worthless
65.2%

Description

The bank is occasionally referred to as the First National Bank of New Lisbon, reflecting the city's former name. While some summary articles mention it 'resumed' on Nov 15, the specific local reporting and receivership details confirm it remained in the hands of a receiver for liquidation.

Events (5)
1. November 7, 1874 Chartered
Source
historical_nic
2. October 21, 1898 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Cashier M. J. Childs absconded after embezzling approximately $40,000 to $60,000, leaving the bank wrecked.
Newspaper Excerpt
There was great excitement in Lisbon yesterday, when the doors of the First National Bank of Lisbon were closed and the following sign displayed: 'This bank is in the hands of the Controller of the Currency.'
Source
newspapers
3. November 3, 1898 Receivership
Source
historical_nic
4. November 3, 1898 Receivership
Newspaper Excerpt
The comptroller of the currency has appointed Isaac B. Cameron receiver of the First National bank of New Lisbon, at Lisbon, Ohio
Source
newspapers
5. January 18, 1899 Other
Newspaper Excerpt
Considerable excitement has been caused here among stockholders of the former First National Bank by a notice from the Controller of the Currency requiring them to pay $100 on every share held by them when the failure occurred.
Source
newspapers

Newspaper Articles (21)
1. October 23, 1898 The Indianapolis Journal Indianapolis, IN
Article from The Indianapolis Journal, October 23, 1898

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Article Text

CASHIER SHORT $60,000. Evidence that the First National Bank of Lisbon. O., Was Wrecked. LISBON. O., Oct. 22.-The national bank examiner has only made a partial investigation of the affairs of the First National Pank. but he finds that I. A. Childs, the absconding cashier, was/$60,000 short in his accounts. Only $9,000 in currency was found in the vaults. though there were demand certificates for deposit of $80,000 on the books. To-day. as a result of the suspension of the bank. D. C. Bower & Co.. dry goods. made an assignment with liabilities of $15,000.

2. October 23, 1898 The Indianapolis Journal Indianapolis, IN
Article from The Indianapolis Journal, October 23, 1898

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Article Text

Result of a Bank Failure. LISBON, O., Oct. 22.-As one of the results of the suspension of the First National Bank here D. C. Bower & Co., an extensive dry-goods firm, made an assignment to-day. The head of the firm was on the bond of J. M. Child, the missing cashier, as treasurer of the city and township.

3. October 23, 1898 New-York Tribune New York, NY
Article from New-York Tribune, October 23, 1898

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Article Text

BANK CLOSED AND CASHIER MISSING. DIRECTORS CONVINCED THAT THERE HAS BEEN AN EMBEZZLEMENT. Cincinnati, Oct. 22. - "The Commercial Tribune's" dispatch from East Liverpool says: There was great excitement in Lisbon yesterday, when the doors of the First National Bank of Lisbon were closed and the following sign displayed: "This bank is in the hands of the Controller of WILLIAM E. BODEN, the Currency. "National Bank Examiner." The examiner called at the bank on Thursday, and was courteously received by Cashier M. J. Childs, who, after a brief talk, turned him over to one of the clerks, and went out. saying that he was going to attend sale at a woolen mill. It was learned yesterday that he hired a man to drive him to Kensington. where he expected to take a Cleveland and Pittsburg train for the East. An invest:gation of the bank's affairs is now in progress. and enough has been discovered to convince the directors that Childs is an embezzler. There is great anxiety among depositors. but assurance is given that obligations to them will be met. The capital stock of the bank is $150,000 and resources $113,000. according to the last statement. Childs was township and city treasurer and treasurer of the United Presbyterian Church. The funds of these institutions are in the bank. He stood high in the community. Columbus, Ohio, Oct. 22.-A telegram to "The Dispatch" from Lisbon, Ohio, says: As one of the results of the suspension of the First National Bank here D. C. Bower & Co., an extensive drygoods firm, made an assignment to. day. The head of the firm was on the bond of M. J. Childs, the missing cashier, as treasurer of the city and township.

4. October 25, 1898 The Indianapolis Journal Indianapolis, IN
Article from The Indianapolis Journal, October 25, 1898

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Article Text

Business Embarrassments. LISBON, O., Oct. 24.-As a result of the collapse of the First National Bank Alpheus Arter, one of the heaviest depositors, closed his harness manufacturing establishment to-day. About one hundred persons are thrown out of employment. There have been no further developments in the bank's affairs. It is thought the total loss will reach about $150,000. Nothing has been heard of Childs, the missing cashier. MILWAUKEE, Wis., Oct. 24.-Judge Seaman, in the United States Court to-day appointed Herman Erb receiver of the Appleton Water Works Company on a bona of $50,000. The appointment was made on motion of the Central Trust Company, of New York. Default in the interest on bonds was the cause of the proceeding. TURNER'S FALLS, Mass., Oct. 24.-The Marshall Paper Company, manufacturers of tissue and cigarette paper, assigned to-day because of dull trade. Its capital stock is $146,000. NEW YORK, Oct. 24.-Absolom P. Bachman, lumber dealer, has filed a petition in bankruptcy. Liabilities, $68,685.

5. November 2, 1898 The Indianapolis Journal Indianapolis, IN
Article from The Indianapolis Journal, November 2, 1898

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Article Text

TELEGRAPHIC BREVITIES. The thirty-second annual convention of the American Institute of Architects is in session at Washington. The Commercial Hotel, City livery stable and a saloon at Oklahoma City, O. T., burned early yesterday. The guests had time to escape from the hotel. Frank B. Leefe, convicted with J. B. Wolfson of wrecking the Union National Bank of New Orleans, died in the parish prison in that city yesterday. The agent of W. O. B. MacDonough, owner of Ormonde, states that the Duke of Westminster's offer of $50,000 for that famous race horse has been declined. The affairs of the First National Bank of Lisbon, O., look more promising. It is now definitely determined that the snortage of Childs, the missing cashier, will not exceed $40,000. Depositors will be paid in full. R. T. Howell, an insurance agent of Bridgeport, O., was arrested at Wheeling yesterday at the instance of the West Virginia state auditor for issuing fire insurance policies of companies not authorized to do business in that State. Detective McVey, of Delaware, who is in California representing his State in the Botkin poisoning case, has engaged attorneys to look after the legal side of the case and an endeavor will be made to have the case carried to the Federal Court for settlement. The discovery has been made at Port Townsend, Wash., that some miscreant has defaced the two fifty-four-ton guns that are waiting to be placed in position at Marrowstone point by cutting names on the stem barrels with soap and acid. Suspicion rests on discharged workmen. Lambert Wilt, the absconding controller of the Bunglau Savings Bank, Bohemia, with his wife and aunt, were taken to Chicago yesterday from St. Louis, where they were arrested Monday night. They will be held in Chicago as prisoners to await instructions from Bohemia. In the United States Circuit Court at Springfield, III., yesterday, George Caruthers, William A. Sims and William T. Cox. of Waverly, filed a petition to have the bank of Waverly, at Waverly, III., adjudged bankrupt. The defendant made a general assignment Aug. 11. The liabilities are $300,000, with assets unknown. While hunting with four companions, near Irwin, Pa., Joe Boleti, an Italian coal miner, accidently discharged his weapon and some of the shot entered the body of John Macholi, another of the party. The accident frightened Boleti and he started to run, when without a word, Macholi raised his gun and shot him through the heart. The murderer is at large. Judge Thayer, of the United States Court of Appeals at St. Paul, yesterday reversed the decision in favor of the defendants, rendered by the lower court, in the case of the government against the Pine River Logging and Improvement Company, involving $487,000 worth of lumber alleged to have been wrongfully cut and removed from Indian reservations. John Hubbard and William Lamont, who are serving time in the Michigan State House of Correction, confided to three fellow-prisoners that a year ago last September they murdered and robbed Ludwig Herman, a veteran soldier, They will be held and tried for the crime, which has hitherto been a mystery, When visited by officers Hubbard and Lamont dented having made such a confession.

6. November 3, 1898 Deseret Evening News Salt Lake City, UT
Article from Deseret Evening News, November 3, 1898

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Article Text

ELECTRIC ETCHINGS. Brig. Gen. Charles F. Humphrey, of the quartermasters department at Washington, has been ordered to Savan. nah, Ga., where he will superintend the embarkation of the Fifth cavalry, which is destined for Porto Rico. The comptroller of the currency has appointed Isaac B. Cameron receiver of the First National bank of New Lisbon, at Lisbon, Ohio, The Second Kansas volunteers began mustering out today at Ladsav. The general health of the soldiers is good. A special from Rome says the pope is in 111 health and that his physician. Dr. Lapponi, has been summoned. J. Duff. brother-in-law of Congressman Dalzell, has just received 4. cablegram from Mr. Dalzell, announcing his safe arrival at Havana. The President has appointed John C. Cline to be collector of Customs for the district of Los Angeles, Col., and Phillip Mullen, acting boatswain, to be a boatswain in the navy. A receiver has been appointed in Jersey City for the Penn Magazine, on application of Chauncey M. Depew, a stockholder, and Thomas Quinn, presIdent for the company. The assetts and liabilities are small. Charles Frishee. left-fielder in the Kansas City baseball team has been drafted by the Boston National League club. The London corespondent of the Evening Post, cables today that a gen. eral and satisfactory arrangement has been reached between Great Britain and France 03 the Fashoda question. Tuesday was the last day for registration in Illinois outside of Chicago, and dispatches from most of the one hundred and one counties outside of Cook county, Indicate that about eighty. five percent of the vote of 1896, which was 1,050,869. will be polled on next Tuesday.

7. November 8, 1898 The Herald Los Angeles, CA
Article from The Herald, November 8, 1898

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How Not to Run a Bank The cashier of the First National of Lisbon, O., is a defaulter to a large amount. The bank is closed, and a prominent merchant who was on the cashier's bond has assigned. If the bank directors had insisted on independent audits or examinations, the cashier would not have been a defaulter, or if they had merely insisted on the cashier giving a bond with a reliable surety company the merchant would not be insolvent. Here are two shining illustrations of how not to run a bank, which are worthy of further reflection.-New York Financier.

8. January 1, 1899 Marietta Daily Leader Marietta, OH
Article from Marietta Daily Leader, January 1, 1899

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BANK FAILURES. Jan. 17-State, Elmwood, Ill., $60,000. 21-National, Paola, Kan., suspended. 1-First - national, Larimore, N. D., $71,754. Feb. -Bank of Southern Baltimore, $170,000. Mar. 6-Home savings, Sioux City, Ia., $60,000 Benson savings, Waterford, Pa., $40,000. 24-Bank of Merriam Park, St. Paul, Minn. People's state, Philadelphia, nearly $1,000,000. 25 Guarantors' Finance Co., Philadelphia, $1,047,500. Jun. 7--Delaware national, Delhi, N. Y., $25,000. 29-Thomas J. Kirby, private, Abilene, Kan., $283,000. Jul. 20-Commercial state, Marshalltown, Ia. 21-German savings, Doon, la., $59,474 Northern, Lexington, Ky. (suspended) 23-Tawas savings, Tawas City, Mich. (suspended). Aug. 11-Bank of Waverly, Ill., $150,000. 27-Fillmore county, Preston, Minn., $150,000. Sep. 14-D. F. Parsons, private, Burr Oak, Mich., $100,000. 15-Jasper, Ala., bank, $65,000. 26-Allegheny, at Clifton Forge, Va., liabilities, $50,000. Oct. 4-Tradesman's national, at New York, $2,000,000 due depositors. Liabilities placed at $3,800,000. 13--Tioga national, of Oswego, N. Y., closed. 19 -First national of Neligh, Neb., liabiliGerman national of Pitts ties $108,000 burgh, Pa., liabiliteis, $2,000,000. 21-First national, of Lisbon, O., capital $50,000 closed; resumed on Nov. 15. 20-Second national, of Springfield, O., goes into liquidation. Nov. 5-First national, of Flushing., O., susspends. 16-First national, of Emporia, Kan., closed. 28-Bank of Hornersville, N. Y., closes doors with liabilities of $75,000. 30 Second national, of Toledo, O., goes into voluntary liquidation. Dec. 5-American savings, at Charleston, S. C., placed in hands of receiver. Liabilities, $100,000.

9. January 5, 1899 Mexico Weekly Ledger Mexico, MO
Article from Mexico Weekly Ledger, January 5, 1899

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HAPPENINGS OF 1090. A Chronological Array of the Most Prominent Events. STORY OF SPANISH-AMERICAN WAR. Brief Mention of Financial Failures, Startling Catastrophes and Crimes-Necrology of Year - Polities and Sport. BANK FAILURES. Jan. 17-State, Eimwood, III., $60,000. N-National, Paola, Kan., suspended, 31-First national, Larimore, N. D., $71,754. Feb. 24-Bank of Southern Baltimore, $170,000. Mar. 6-Home savings, Sioux City, Is, $60, 000 Benson savings, Waterford, Pa. $40,000. 24-Bank of Merriam Park, St. Paul, Minn. People's state, Philadelphia, nearly $1,000,000. 25-Guarantore Finance Co., Philadelphia, $1,047,500. Jun. 7-Delaware national, Delhi, N. Y. $25,000. 29-Thomas J. Kirby, private, Abilene, Kan., $283,000. Vul.20-Coramercial state, Marshalltown, Ia. 21-German savings, Doon. Ia., $59,476. Northern, Lexington, Ky. (suspended). 23-Tawas savings, Tawas City, Mich. (suepended). r Aug. 11-Bank of Waverly, III., $150,000. 27-Fillmore county, Preston, Minn., $150,000. Sep. 14-D. F. Parsons, private, Burr Oak, Mich., $100,000. e 15-Jasper, Ala., bank, $65,000. 26-Allegheny, at Clifton Forge, Va., lia. bilities, $50,000. o Oct. 4-Tradesman's national, at New York, $2,000,000 due depositors. Liabilities placed at $3,800,000. 13-Tiogs national, of Oswego, N.Y. closed. e 19-First national of Neligh, Neb., liabilities $108,000 German national of Pitts. D burgh, Pa. liabilities, $7,000,000. 21-First national, of Lisbon, 0., capital $50,000-closed; resumed on Nov. 15. 29-Second national, of Springfield, O., goes into liquidation. d Nov. 5-First national, of Flushing, O, suepends. 16-First national, of Emporia, Kan, closed. President suicides an hour later. 28-Bank of Hornersville, N.Y., closes doors with liabilities of $75,000. 30-Second national, of Toledo, O., goes into voluntary liquidation. Dec. 5-American savings, at Charleston, S. C., placed in hands of receiver. Liabilities, $100,000.

10. January 5, 1899 Iron County Register Ironton, MO
Article from Iron County Register, January 5, 1899

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BANK FAILURES. Jan. 17-State, Elmwood, III., $60,000. 24-National, Paola, Kan., suspended. 31-First national, Larimore, N. D., $71,754. Feb. 24-Bank of Southern Baltimore, $170,000. Mar. -Home savings, Sioux City, Ia., $60,000 Benson savings, Waterford, Pa., $40,000. 24-Bank of Merriam Park, St. Paul, Minn. People's state, Philadelphia, nearly $1,000,000. 25 Guarantors' Finance Co., Philadelphia, $1,047,500. Jun. 7-Delaware national, Delhi, N. Y., $25,000. 29-Thomas J. Kirby, private, Abilene, Kan., $283,000. Jul. 20-Commercial state, Marshalltown, Ia. 21-German savings, Doon, la $59,474 Northern, Lexington, Ky. (suspended). 23-Tawas savings, Tawas City, Mich. (suspended). Aug. 11-Bank of Waverly, III $150,000. 27-Fillmore county, Preston, Minn., $150,000. Sep. 14-D. F. Parsons, private, Burr Oak, Mich., $100,000. 15-Jasper, Ala., bank, $65,000. 26-Allegheny, at Clifton Forge, Va., liabilities, $50,000. Oct. -Tradesman's national, at New York, $2,000,000 due depositors. Liabilities placed at $3,800,000. 13-Tioga national, of Oswego, N. Y., closed. 19-First national of Neligh, Neb., liabiliGerman national of Pitts ties $108,000 burgh, Pa., liabiliteis, $2,000,000. 21-First national, of Lisbon, O., capital $50,000-closed; resumed on Nov. 15. 29 Second national, of Springfield, O., goes into liquidation. Nov. -First national, of Flushing., O., suspends. 16-First national, of Emporia, Kan., closed. 28-Bank of Hornersville, N. Y., closes doors with liabilities of $75,000. 30 Second national, of Toledo, O., goes into voluntary liquidation. Dec. 5-American savings, at Charleston, S. C., placed in hands of receiver. Liabilities, $100,000.

11. January 6, 1899 The Iola Register Iola, KS
Article from The Iola Register, January 6, 1899

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BANK FAILURES. Jan. 17-State, Elmwood, III., $60,000. 24-National, Paola, Kan., suspended. - First national, Larimore, N. D., $71,754. Feb. 24-Bank of Southern Baltimore, $170,000. Mar. 16- Home savings, Sioux City, Ia., $60,000 Benson savings, Waterford, Pa., $40,000. 24-Bank of Merriam Park, St. Paul, Minn. People's state, Philadelphia, nearly $1,000,000. 25-Guarantors' Finance Co., Philadelphia, $1,047,500. Jun. 7-Delaware national, Delhi, N. Y., $25,000. 29-Thomas J. Kirby, private, Abilene, Kan., $283,000. Jul. 20-Commercial state, Marshalltown, la. 21-German savings, Doon, la., $59,474 Northern, Lexington, Ky. (suspended) 23-Tawas savings, Tawas City, Mich. (suspended). Aug. 11-Bank of Waverly, III. $150,000. 7-Fillmore county, Preston, Minn., $156,000 Sep. 14-D. F. Parsons, private, Burr Oak, Mich., $100,000. 15-Jasper, Ala., bank, $65,000. 26-Allegheny, at Clifton Forgo, Va., liabilities, $50,000. Oct. 4 --Tradesman's national, at New York, $2,000,000 due depositors. Liabilities placed at $3,800,000. 13-Tioga national, of Oswego, N. Y., closed. 19-First national of Neligh, Neb., Habil German national of Fitts ties $103,000 burgh, Pain liabiliteis, $2,000,000. 21-First national, of Lisbon, O., capital $50,000-closed; resumed on Nov. 15. 29 -Second national, of Springfield, O., goes into liquidation. Nov. 5-First national, of Flushing., O., sus pends, 16-First national, of Emporia, Kan., closed. 28-Bank of Hornersville, N. Y., clease doors with liabilities of $75,000. 30-Second national, of Toledo, O., goes into voluntary liquidation.

12. January 7, 1899 Perrysburg Journal Perrysburg, OH
Article from Perrysburg Journal, January 7, 1899

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BANK FAILURES. Jan. 17-State, Elmwood, III., $60,000. 24-National, Paola, Kan., suspended. -First national, Larimore, N. D., $71,754. Feb. 24-Bank of Southern Baltimore, $170.000. Mar. 16-Home savings, 8 Sioux City, Ia., $60,000 Benson savings, Waterford, Pa., $40,000. 24-Bank of Merriam Park, St. Paul, Minn. People's state, Philadelphia, nearly $1,000,000. 25-Guarantors' Finance Co., Philadelphia, $1,047,500. Jun. 7-Delaware national, Delhi, N. Y., $25,000. 29- l'homas J. Kirby, private, Abilene, Kan., $283,000. Jul. 20-Commercial state, Marshalltown, Ia. 21-German savings, Doon, la. $59,474 Northern, Lexington, Ky. (suspended). 23-Tawas savings, Tawas City, Mich. (suspended). Aug. 11-Bank of Waverly, III., $150,000. Fillmore county, Preston, Minn., $150,000. Sep. It-D. F. Parsons, private, Burr Oak, Mich., $100,000. 15-Jasper, Ala., bank, $65,000. 26-Allegheny, at Clifton Forge, Va., liabilities, $50,000. Oct. 4 -Tradesman's national, at New York, $2,000,000 due depositors. Liabilities placed at $3,800,000. 13-Tioga national, of Oswego, N. Y., closed. 19-First national of Neligh, Neb., liabiliGerman national of Pitts ties $108,000 burgh, Pa., liabiliteis, $2,000,000. 21-First national, of Lisbon, O., capital $50,000-closed; resumed on Nov. 15. 29 Second national, of Springfield, O., goes into liquidation. Nov. 5-First national, of Flushing., O., suspends. 16-First national, of Emporia, Kan., closed. 28-Bank of Hornersville, N. Y., closes doors with liabilities of $75,000. 30-Second national, of Toledo, O., goes into voluntary liquidation.

13. January 7, 1899 The L'anse Sentinel L'anse, MI
Article from The L'anse Sentinel, January 7, 1899

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BANK FAILURES. Jan. 17-State, Elmwood, Ill., $60,000. -National, Paola, Kan., suspended. 1-First national, Larimore, N. D., $71,754. Feb. 24 -Bank of Southern Baltimore, $170,000. Mar. 16-Home savings, Sioux City, Ia., $60, 000 Benson savings, Waterford, Pa., $40,000. 24-Bank of Merriam Park, St. Paul, Minn. People's state, Philadelphia, nearly $1,000,000. 25 Guarantors' Finance Co., Philadelphia, $1,047,500. Jun. 7-Delaware national, Delhi, N. Y., $25,000. 29-Thomas J. Kirby, private, Abilene, Kan., $283,000. Jul. .20-Commercial state, Marshalltown, Ia. 21-German savings, Doon, Ia., $59,474 Northern, Lexington, Ky. (suspended). 23-Tawas savings, Tawas City, Mich. (suspended). Aug. 11-Bank of Waverly, Ill. $150,000. 27-Fillmore county, Preston, Minn., $150,000. Sep. 14-D. F. Parsons, private, Burr Oak, Mich., $100,000. 15-Jasper, Ala., bank, $65,000. 26-Allegheny, at Clifton Forge, Va., liabilities, $50,000. Oct. 4-Tradesman's national, at New York, $2,000,000 due depositors. Liabilities placed at $3,800,000. 13-Tioga national, of Oswego, N. Y., closed. 19-First national of Neligh, Neb., liabiliGerman national of Pitts $108,000 burgh, Pa., liabiliteis, $2,000,000. 21-First national, of Lisbon, O., capital $50,000 closed; resumed on Nov. 15. 29 Second national, of Springfield, O., goes into liquidation. Nor. 5- First national, of Flushing., O., suspends. 16-First national, of Emporia, Kan., closed. 28-Bank of Hornersville, N. Y., closes doors with liabilities of $75,000. 30-Second national. of Toledo, O., goes into voluntary liquidation.

14. January 12, 1899 The Beaver Herald Beaver, OK
Article from The Beaver Herald, January 12, 1899

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BANK FAILURES. Jan. 17-State, Elmwood, Ill. $60,000. 21-National, Paola, Kan., suspended. 31 - -First national, Larimore, N. D., $71,754. Feb. 24 Bank of Southern Baltimore, $170, 000. Mar. 16-Home savings, Sioux City, Ia. $60.000 Benson savings, Waterford, Pa., $10,000. 24 Bank of Merriam Park, St. Paul, Minn. People's state, Philadelphia, nearly $1,000,000. 25 Guarantors' Finance Co., Philadelphia, $1,047,500. Jun. 7-Delaware national, Delhi, N. Y., $25,000. 29 - -Thomas J. Kirby, private, Abilene, Kan., $283,000. Jul. :20-Commercialstate, Marshalltown, Ia. 21-German savings, Doon, la., $59,474 Northern, Lexington, Ky. (suspended) 23 Tawas savings, Tawas City, Mich. (suspended). Aug. 11-Bank of Waverly, Ill $150,000. 27-Fillmore county, Preston, Minn., $150,000. Sep. 14-D. F. Parsons, private, Burr Oak, Mich., $100,000. 15-Jasper, Aia. bank, $65,000. 26 3-Allegheny, at Clifton Forge, Va., liabilities, $50,000. Oct. 4-Tradesman's national, at New York, $2,000,000 due depositors. Liabilities placed at $3,800,000. 13-Tioga national, of Oswego, N. Y., closed. 10 -First national of Neligh, Neb., liabilities $108,000 German national of Pitts burgh, Pa., liabiliteis, $2,000,000. 21 - -First national, of Lisbon. O., capital $50,000- closed: resumed on Nov. 15. 29 Second national, of Springfield, O., goes into liquidation. Nov. 5 -First national, of Flushing., O., sus pends. -First national, of Emporia, Kan. closed. 28 Bank of Hornersville, N. Y., closes doora with liabilities of $75,000. 30 Second national, of Toledo, O., goes into voluntary liquidation. Dec. 5-American savings, at Charleston, S. C., placed in hands of receiver. Liabilities, $100,000.

15. January 13, 1899 The Holly Chieftain Holly, CO
Article from The Holly Chieftain, January 13, 1899

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BANK FAILURES. Jan. 17-State, Elmwood, III., $60,000. 24 -National, Paola, Kan., suspended. 31 - First national, Larimore, N. D., $71,754. Feb. 24-Bank of Southern Baltimore, $170, 000. Mar. 16-Home savings, Sioux City, Ia., $60, 000 Benson savings, Waterford, Pa., $40,000. 24-Bank of Merriam Park, St. Paul, Minn. People's state, Philadelphia, nearly $1,000,000. 25-Guarantors' Finance Co., Philadelphia, $1,047,500. Jun. 7-Delaware national, Delhi, N. Y., $25,000. 29-Thomas J. Kirby, private, Abilene, Kan., $283,000. Jul. .20-Commercial state, Marshalltown, Ia. 21-German savings, Doon, 1a., $59,474 Northern, Lexington, Ky. (suspended) 23-Tawas savings, Tawas City, Mich. (sus pended) Aug. 11-Bank of Waverly, III., $150,000. 27 -Fillmore county, Preston, Minn., $150,000. Sep. 14-D. F. Parsons, private, Burr Oak, Mich., $100,000. 15-Jasper, Aia., bank, $65,000. 26-Allegheny, at Clifton Forge, Va., lia bilities, $50,000. Oct. 4-Tradesman's national, at New York, $2,000,000 due depositors. Liabilities placed at $3,800,000. 13-Tioga national, of Oswego, N. Y., closed. 19-First national of Neligh, Neb., liabiliGerman national of Pitts ties $108,000 burgh, Pa., liabiliteis, $2,000,000. 21-First national, of Lisbon. O., capital 350,000-closed; resumed on Nov. 15. 29-Second national, of Springfield, 0, goes into liquidation. Nov. 5-First national, of Flushing., O., suy. pends. 16-First national, of Emporia, Kan., closed. 28-Bank of Hornersville, N. Y., closes doora with liabilities of $75,000. 30-Second national, of Toledo, O., goes into voluntary liquidation. Dec. 5-American savings, at Charleston, S. C., placed in hands of receiver. Liabilities, $100,000.

16. January 14, 1899 New-York Tribune New York, NY
Article from New-York Tribune, January 14, 1899

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STOCKHOLDERS REQUIRED TO PAY FULL AMOUNT ASKED ON SHARES OF THE LISBON FIRST NATIONAL BANK. Lisbon, Ohio, Jan. 18.-Considerable excitement has been caused here among stockholders of the former First National Bank by a notice from the Controller of the Currency requiring them to pay $100 on every share held by them when the failure occurred. All must be paid in by February 9 or the receiver will enter suit.

17. January 14, 1899 The Wichita Daily Eagle Wichita, KS
Article from The Wichita Daily Eagle, January 14, 1899

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Stockholders Pay the Freight. Lisbon, Ohio, Jan. 18.-Considerable excitement has been caused here among stockholders of the defunct First National Bank of a notice from the controller of the currency requiring them to pay $100 on every share held by them when the failure occurred. All must be paid in by February 9 or the receiver will enter suit. Some of the stockholders may be forced into bankruptcy. Depositors are now getting anxious. The most conservative estimates of what the bank will pay depositors is from 50 to 75 per cent.

18. January 20, 1899 The Jasper Weekly Courier Jasper, IN
Article from The Jasper Weekly Courier, January 20, 1899

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In the senate, on the 12th. little bus. iness was transacted in on the calendar Sixteen bills private open pension session. were passed. and a joint resoextending the thanks of gress to Clara officials lution Miss Barton and other conof the Red Cross work in Cuba their beneficient Armenia society and for were adopted In the and consular ation the diplomatic bill, carrying $1,705,533. appropri- house was passed without an amendment, Durtwo set against were ing the generaldebate made imperialism speeches by and Gaines court has Messrs. The admiralty Carmack found (Tenn.). that La Bourgogne, of the French to for the on alone the Britishshropromartyshire, blame collision line. July with was 4 near Sable island, off the in the of last. Novia Seotia. resulting coast sinking of the steamer and the loss of over 500 lives. alias Nellie Dalton, May Murray, was arrested in ver. on the 12th. The alias she Col., is "Big May," police Den- say wanted in Chicago and New answer of rooms were found York In her to charges $2,500 shoplifting. worth of goods, including a number of diamonds. The French chamber of deputies, after an exceedingly stormy debate on the interpellation relative to the charges of M. De which the vote cepted the order by of the the government, Beaurepaire, day, was adopted acstanding 423 to 124. Considerable excitement has been created by rich gold discoveries 25 miles east of Vernal, Utah. in the Blue mountain, near the Colorado line. The discovery was made by "Doe" Mc. Donald. a veterinary surgeon of the Ninth cavalry. A great battle has been fought in the Yamen division of Arabia. The and at on Turkish the November insurgent troops 30. position About stormed Shanel. captured 4,000 insurgents and 2,000 Turks were killed or wounded. The official report of the mayor of Santa Clara, Cuba, shows that in 1896 there were 1,416 deaths, 6,987 deaths in 1897 and 4,841 deaths in 1898, being. in three years, 80 per cent. of the population The New York state democratic legislative caueus, on the 12th. nominated Edward Murphy.Jr. for United States senator to succeed himself. The democrats are in a minority In the legisla ture. In the senate. on the 13th. the dis. cussion of the question of expansion was continued. several speeches pro and con being made. The Indian approxriation bill was taken up. but its consideration was not concluded at the hour of adjournment In the house consideration of the naval personnel bill was begun. and speeches filled with glowing allusions to victories won by our navy in the late war were delivered. John H. Gibbons, of the Paris exposition commission, has sent Congressman Cannon, chairman of the house committee,acorrected statement of the probable needs of the commission in properly displaying American products at the exposition. The original figures called for about $700,000. but the last estimate made is for $1.300,000. Jennie Ward. a modiate, died at Mariette, Wis., on the 13th. practically of slow suicide. Four weeks before she went to the Menominee hospital determined to die. made her will. and absolutely refused to take any medicine or allow the physicians to do anything for her. A love affair is said to have caused her action. Hon. Nelson Dingley of Maine, leader of the republican side on the foor of the house of representatives and representing the Second congresdistrict of Maine on at sional died in Washington, failure in the that resulting 13th. body. 10:30 p. m., of heart from extreme weakness due to pneumonia. excitement has been stockholders caused Considerable among of of Lisbon. the deFirst rational bank notice from the of the requiring pay, O., funct by currency a comptroller them to share by February 9. $100 on every held by them when the failure occurred. has again reminded the Washof ington Spain government the undertaking on the part of the United States peace commissioners with regard to the Spanish prisoners in the hands of the Filipinos, and has asked a prompt reply. The gunboat Yorktown sailed from on the her coal at She San Francisco, will replenish 13th. for bunkers Manila. Honoluin and then go on to Guam before proceeding to Manila. The statement of the condition of issued on the 13th cash balance, the Available treasury $290,801,321; showed: gold reserve, $237,259,766.

19. January 20, 1899 The Kinsley Graphic Kinsley, KS
Article from The Kinsley Graphic, January 20, 1899

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a rail precipitated into and A BROKEN Noble, III., two coaches on the ditch near of a fast mail train raila sleeper & Ohio Southwestern Baltimore road. Many passengers were more or less injured. but to the none Illinois fatally. legislature A PETITION with capital punishment signed at to do being away extensively Illinois. was and other towns in as Charleston SOUTHERN California is reported The San being overrun San Bernardino, with tramps. Redlands overflowing and Diego, jails are filled to they other In many instances into with viciousand them. threatening, alone going and houses are where women are demanding G. food. FOSTER, judge of the fedCASSIUS for the district of Kansas, take eral has sent court in his resignation to effect March destroyed 1. eight business Tex. A FIRE and one hotel at Edna, of inhouses It was believed that the fire was cendiary origin. recently stoned a Spanish over a flag CUBANS which had been hoisted Havana hotel. imperial irade has been issued purchase at of 162 AN ordering the 30,000 Constantinople Krupp field guns and schrapnel SHAWNEE. shells. TENN., nearly had wild a panic dogs other day by five mad mountains and coming the down from the town. Three a rushing through merchant, the a lady and children, a bitten by the animals. Two the tramp were dogs were afterward around killed. the of the escaped. Farmers cattle section others were having sheep. the mounhogs killed by the dogs. and being full of the pests. tains Prussian diet was opened from at THE the 16th with a speech His Berlin on by Emperor William. with the majesty throne regarded the future confidence. HEAD-END collision occurred train a+ Angell, A Ariz, train. between The a freight engineer killed of and a water train was instantly inand the freight three trainmen were seriously jured. HOTEL and sanitarium at Marlin, A was burned on the 15th. 25 Tex.. MISS ANNA MARY HOEK SCHLEY, late Col. old, daughter of the lawyer years William Louis Schlev, poet, and second veteran of two wars, comand of Rear Admiral Schley, Balticousin suicide in her home at of her mitted Md. Since the death had more, father a month ago Miss Schley been inconsolable. bishop of Havana, recognizing Catholic THE under American rule the of the church that cannot be supported circular out letpublic to the revenues, priests issued of the a different church par- be ter directing that the conhereafter ishes, maintained by private tributions. thousand Spaniards CienTWENTY-SEVEN remained in the vicinity and of it is still Cuba, on the 15th, will fuegos, that the evacuation middle improbable completed much before the troops. be February. The Spanish the warehouses of who are thickly and along quartered the in wharves, and day swarmed The through soldiers the were city poorly fed night. have had no pay for months. and PORVIENE at Santiago cable recently mesEL an extra giving a then published from Dr. Joaquin Castillo, Wood in the sage Washington with Gen. of trade. in of the Santiago board autoninterest Castillo said that complete province. Dr. will be granted to the demonomy whole city was talking of a The to celebrate the prospect. stration at Fort Scott, Kan., school- found A JURY under the Kansas law, a hands that, has no authority to lay inflicting teacher pupil for the purpose and of Frank corporal on a punishment. of assault Hedges was found of guilty his pupils in the and Redfield battery schools on one for having punished him. negro murderers, Nolen to hang and Two who had been sentenced I. T. Bias, the 13th at Ardmore, until at noon granted on a stav of execution been built. were The scaffold had been nextJune. CONSIDERABLE excitement has stockLisbon. O., among national caused at of the defunct First comptroller holders a notice from the to pay bank by currency requiring them them when of $100 the on every share held by Some of the failure occurred. the may be forced into depos- bank stockholders The bank will only pay ruptcy. itors from 50 to 75 per cent. the mist and darkness elevated of the IN of the 13th a south crashed side into night at full speed Sixtytrain going end of another train at ChiA third the rear street and Madison disastrous avenue, to the cago wreckage

20. February 16, 1899 The Stark County Democrat Canton, OH
Article from The Stark County Democrat, February 16, 1899

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LISBON'S SENSATION. New Phase of the Failed Bank Case. OVERDRAWN ACCOUNTS CHARGED. A Suit Filed In Court Against Bert B. Eells to Compromise a Claim-Rumor That Other Suits Are to Follow Against Prominent Lisbon People. LISBON, Feb. 14.-A petition was filed in the court of common pleas entitled: "In the matter of the receivership of the First National bank of New Lisbon, O., to compromise the claim against Bert B. Fells and to deliver a note, etc." The filing of the suit has created an immense sensation owing to reports that have been in circulation regarding overdrawn accounts in the broken bank. There are intimations that other suits of a like natura will follow against prominent Lisbon people. In the case filed the petitioner alleges that Bert B. Eells, one of the depositora of the bank, has at various times deposited large sums of money with the bank, and drawn at various times checks in favor of various persons, companies and corporations, which have been paid by the bank; that on Oct. 21, 1898, Bert B. Eells was indebted to the bank in the sum of $4, 598.75, which sum represented what are commonly called "overchecks." The receiver also files an affidavit by Fells in which he says that he is a mar+ ried man and has no real estate, and that his personal property amounts to $1,650.56, and that his present indebtedness is $7,723.28, and that he (Eells) has offered to pay the receiver by way of compromise the claim of $4,598.75 the sum of $700 cash. The receiver says further that there is a note of $1,200 in the bank signed "Bert B. Eells. per C," which in no wise affects the claim for overchecking, and which he is satisfied Fells never signed, DOI received anything of value on. The note is said to be in the handwriting of M. J. Childs, the absconding cashier. The receiver prays that the court examine into the matter and determine whether it is for the best interests of all persons concerned and of the creditors of the bank, and, if so, that then the court order and direct the receiver to make the compromise set out, and that the receiver deliver the note referred to to Fells and be relieved from all liability in the matter.

21. April 11, 1899 The Topeka State Journal Topeka, KS
Article from The Topeka State Journal, April 11, 1899

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A 40 Per Cent Dividend. Columbus, O., April 11.-The receiver of the failed Lisbon National bank has declared a 4 per cent dividend. It is announced that the depositors will eventually receive 80 per cent.