First National Bank & Trust Company

Bank Information

Episode Type: Suspension → Reopening
Bank Type: national
Bank ID: 457
Charter Number: 457
Start Date: July 23, 1938
Location: Racine, Wisconsin (42.726, -87.783)

Metadata

Model: gpt-5-mini
Short Digest: 7653c3ac

Response Measures

None

Description

Article describes a false holdup alarm that caused the bank to suspend business briefly while the building was aired. This is a short, non-financial suspension with no run and operations resumed, so classify as suspension_reopening.

Events (1)

1. July 23, 1938 Suspension

Cause: Rumor Or Misinformation
Cause Details: False holdup alarm triggered automatic tear gas sprays; bank suspended business briefly while building was aired.
Newspaper Excerpt: A false hold-up alarm at the First National Bank & Trust Co. gave employes a half holiday ... The bank suspended business while the building was aired.
Source: newspapers

Newspaper Articles (1)

1. July 23, 1938 Evening Star Washington, DC

Article from Evening Star, July 23, 1938

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Article Text

False Alarm Nets Holiday. RACINE. Wis. (AP).-A false hold-up alarm at the First National Bank & Trust Co. gave employes a half holiday and the chief of police a headache. The alarm was accompanied by automatic tear gas sprays. The bank suspended business while the building was aired. Chief Grover C. Lutter ran into the gas in search of robbers. Gassed, he took the afternoon off, too.