City Bank - Cleveland, OH

Episode Information

Episode UID: 3204218990823
Episode Type: Suspension → Closure
Bank Type: state
Bank ID: 320421899 hash
Start Date: July 9, 1868
Location: Cleveland, Ohio (41.499, -81.695)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 0df005b7a857c9dd

Response Measures

None

Description

Notice states the bank is relinquishing and closing its banking business by board order (voluntary).

Events (1)

1. July 9, 1868 Suspension

Cause: Voluntary Liquidation
Cause Details: Board ordered relinquishment and closing of banking business; redeemed over 90% of circulating notes and provided security for remaining redemption.
Newspaper Excerpt: Done by order of the Board of Directors of the City Bank of Cleveland, July 9th, 1868, LEMUEL WICK, President.
Source: newspapers

Newspaper Articles (1)

1. August 31, 1868 Daily Ohio Statesman Columbus, OH

Article from Daily Ohio Statesman, August 31, 1868

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Article Text

Notice. Bank NOTICE IS HEREBY GIVEN TO all whom it may concern. that the City Bank of Cleveland. an Independent Banking Company, organized and carrying on business as an Independent Banking Company at the city of Cleveland, Ohio, under an act of the General Assembly of the said State of Ohio, entitled "An Act to incorporate the State Bank of Ohio and other Banking Companies," passed February 24th, 1845. being desirous of relinquishing and closing its Banking business, to that end has. in pursuance of the statutes of the said State of Obio in such case made, paid and redeemed more than ninety per cent. of the maximum amount of its circulating notes, and delivered the same to the Treasurer of State of the said State of Ohio to be destroyed. and have provided means and given security to the satisfaction of the Treasurer, Secretary and Audit.r of State of said State of Ohio for the redemption of its outstanding notes of circulation at the office of the National City Bank of Cleveland, at the said city of Cleveland, where said City Bank is located. Done by order of the Board of Directors of the City Bank of Cleveland, July 9th, 1868, LEMUEL WICK, President. jyll-d1taw6m