National Bank (Smyrna, DE)

Episode Information

Episode UID
238101509
Episode Type
Suspension โ†’ Reopening
Bank Type
national
Bank ID
23810 national
Charter Number
2381
Start Date
September 26, 1925
Location
Smyrna, Delaware (39.300, -75.605)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
6433e56aa832bfbc

Response Measures

None

Events (3)

1. April 4, 1878 Chartered
Source
historical_nic
2. September 26, 1925 Other
Newspaper Excerpt
NATIONAL BANK OF SMYRNA BE OPENED NEXT SATURDAY ... will be opened business Saturday, September 26.
Source
newspapers
3. March 6, 1933 Suspension
Cause
Government Action
Cause Details
Statewide bank holiday declared by Delaware banking commissioner at governor's direction, effective Monday to protect banks and depositors.
Newspaper Excerpt
Delaware, the last of the nation's 48 states not under form of banking restriction, declared bank holiday tonight, effective Monday and continuing until further notice.
Source
newspapers

Newspaper Articles (2)

Article from Smyrna Times, September 23, 1925

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Article Text

NATIONAL BANK OF SMYRNA BE OPENED NEXT SATURDAY HANDSOME EDIFICE COMPLETED AND IS A FINISHED PRODUCT nvitations are Issue to See New Bank on the Opening Day Between the Hours of 9 A. M. and 10 P. M. This old and conservative institution stablished in 1812 had out grown its quarters and for several years its have been consulting archiand studying plans to meet the day requirements, of their in business, and give the pubthe advantages of present day facilities. The result of all this has now become a reality. The is completed and will be opened business Saturday, September 26. exterior is quite dignified, with of the extravagant embellishthat are sometimes found in ildings of this kind. A warm buff trimmed with clean looking and terra cotta, are the exmaterials, while the lamp standon the entrance pedestals will just the required touch of ornaEntering the front door to the a door at the right leads to the esident's private office, while the opens into the ladies room. The is an attractive little rest room, the convenience of the ever innumber of lady customers. a mezzanine floor over the lobby, and ladies' rooms, is the room. Three pleasant winopen to the front and side from room, and through the draperies others in the inside partition, may see every corner of the bankroom in motion. The lobby leads the main banking room, with its walls to harmonize with the inoutfit. The public space is floorwith Tennessee marble, carried the interior to the vault enThe working space, directly the right, for greater comfort, has padded battleship linoleum The banking screen is made of hogany and bronze, and flour wickcashier, assistant cashier, teller savings, which will enable the to handle its many customers the rush hours. Directly back is a room provided for the k-keeping machines, where their tinuous operation does not interwith the other business of the Additional work space for ergency use and business expansion S provided by a mezzanine balcony, the entire rear of the room. on the left of the lobby, is department devoted to the for business purposes. Then the conference room, where you your lawyer, or business advisor, p private conference, over the affairs a estate and through your intments. Directly back of this, you h the coupon booths, where individhaving private boxes in the vault, b their securities to clip the coube or go over any private papers. h is of Most Improved Type robably the most interesting and ortant feature of the new build-


Article from Chicago Tribune, March 5, 1933

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Article Text

EVERY STATE JOINS IN MOVE TO SAVE BANKS Take Holiday or Impose Restrictions. Wilmington, Del., March 4.-(P)Delaware, the last of the nation's 48 states not under form of banking restriction, declared bank holiday tonight, e.ective Monday and continuing until further notice." Harold W. Horsey, state banking missioner, said Gov. C. Douglas Buck had directed him to notify all banks in the state as follows: Not of anything that has in tion but wholly because of the action practically all the other in declaring bank holiday and the observance thereof by the Federal Reserve bank, this bringing about temporary suspension of banking business over the country, am with no alternative to take action protect Delaware banks and their depositors. Wisconsin Plans Reopening. Milwaukee, Wis., March 4.-[Speof this city and Wisconsin are making plans to reopen next week, but on what day had not been determined tonight. In Madison, Banking Commissioner Arthur Kingston said that plan has been devised for reopening Wisconsin banks morning, although he withheld details of the plan pending an expected President at Washington on the situation. hand, Walter Kasten, president the First Wisconsin Na. tional member of committee appointed by the Milwaukee Clearing House association to work out plan, said the Milwaukee banks will not reopen until Wednesday at the earliest, and then probably will operate under scrip plan similar to that used in 1907. In the meantime the fourteen day bank holiday proclaimed by Gov. R. G. Schmedein effect. No Holiday in Indiana. Indianapolis, Ind., March 4.-[Spebanks, under the bank code recently rushed through the state legislature, have the power to limit withdrawals one-tenth per cent. Therefore, no state-wide bank moratorium will be declared in Indiana Gov. Paul McNutt today informed state officials from Washington, where he attended the inaugurabanks today continued to pay per cent and 100 per on deposits made they declared per cent withdrawal last Monday. few upstate banks have limited withdrawals to per cent. Plan Michigan Reopening. Detroit, Mich., March 4.-[Special.] -There up of banking anxieties Detroit the tion of the state legislature on relief bills which are scheduled be passed on Monday They should become laws not later than next Saturday and thereby permit banks re-open and permit another withdrawal of funds amounts to decided upon. Operations in Detroit will be immediresumed by the First National bank and the Guardian National Bank of Commerce. Iowa Proclaims Holiday. Des Moines, Ia., March 4.-[SpeGov. N. G. Kraschel today ordered moratorium effective once. In his proclamation the lieutenant governor set no definite time, declaring only temporary banking holiday mandatory for all Iowa banks, savings banks and [Continued on page 6, column 8.]