Empire National Bank - Clarksburg, WV

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 7029
Charter Number: 7029
Start Date: September 22, 1914
Location: Clarksburg, West Virginia (39.281, -80.345)

Metadata

Model: gpt-5-mini
Short Digest: c3014feb

Response Measures

None

Description

Article (1914-09-22) refers to the Empire National Bank having went into the hands of the receiver, indicating a receivership/closure. No run or reopening is mentioned. The piece is a court hearing about claims against the bank after it went into receivership.

Events (3)

1. October 31, 1903 Chartered

Source: historical_nic

2. September 22, 1914 Other

Newspaper Excerpt: part one of the circuit court in the case of the Empire National bank of Clarksburg vs. S. W. Harper... (motion for judgment on a note for $7,300).
Source: newspapers

3. * Receivership

Newspaper Excerpt: When the bank went into the hands of the receiver (article describing settlement claims after receivership).
Source: newspapers

Newspaper Articles (1)

1. September 22, 1914 The Wheeling Intelligencer Wheeling, WV

Article from The Wheeling Intelligencer, September 22, 1914

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Article Text

# TELEPHONE CASE # PROGRESS SLOW A MOTION FOR JUDGMENT FOR $7,300 BEING HEARD BEFORE JUDGE HERVEY. Only a Few Witnesses Examined and Will Probably Consume the Greater Part of Today. Slow progress was made yesterday before Judge Hervey in part one of the circuit court in the case of the Empire National bank of Clarksburg vs. S. W. Harper and W. C. Handlan, et al., a subsidiary action growing out of transactions in the Old Nation-al Telephone cases. The action now is upon a motion for judgment on a note for $7,300. Hon. Virgil T. Highland, president of the bank, is attending the hearing. Many instances of unusual technicalities have arisen in the case, and it is altogether probable that it will not finish today. According to the evidence submitted, the National Telephone company had negotiated a loan with the bank to the amount of $30,000 and gave as security $30,000 worth of bonds. One of the owners of the company also, it is claimed, deposited $10,000 worth of bonds and these were sold for $7.500 and applied to the note together with the accumulated interest. When the bank went into the hands of the receiver a proposition of settlement was made. In the settlement the bank claims that the company is still indebted to it for the sum of $7,300.