First National Bank & Trust Company (Vicksburg, MS)

Episode Information

Episode UID
325801125
Episode Type
Suspension โ†’ Reopening
Bank Type
national
Bank ID
32580 national
Charter Number
3258
Start Date
September 12, 1893
Location
Vicksburg, Mississippi

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
420869b09fa438fe

Response Measures

None

Events (3)

1. October 21, 1884 Chartered
Source
historical_nic
2. September 12, 1893 Reopening
Newspaper Excerpt
unanimously voted to remove all restrictions, thus showing their confidence in the present improved conditions
Source
newspapers
3. * Suspension
Cause
Macro News
Cause Details
Earlier weeks' restrictions: adopted certified checks and limited cash payments to $50 daily (likely due to broader 1893 panic)
Newspaper Excerpt
the five banks of Vicksburg which some weeks ago adopted the system of certified checks and reduced cash payments to depositors to $50 daily
Source
newspapers

Newspaper Articles (2)

Article from New-York Tribune, September 13, 1893

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Article Text

MORE BANKS RESUMING BUSINESS. Washington, Sept. 12.-The First National Bank of Gadsden, Ala., which recently suspended, has been authorized to resume business. Denver. Sept. 12.-Two more Colorado banks opened their doors for business yesterday, after several weeks' suspension. They are the Western National, at Pueblo, and the Bank of Florence, at Florence. Memphis, Tenn., Sept. 12.-A dispatch to "The Commercial" from Vicksburg, Miss., says: "The five banks of Vicksburg which some weeks ago adopted the system of certified checks and reduced cash payments to depositors to $50 daily met last evening, and unanimously voted to remove all restrictions, thus showing their confidence in the present improved conditions."


Article from The Item, March 4, 1933

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Article Text

Congress Adjourns March house 72nd adjourned sine die Speaker John Garner, mmediately left for the senate hamber take the oath of office The house and the memberselect to followed him side the capitol. clined to observe Gov. W. Murbanking holiday. Chester March National Exchange bank ter closed its doors today The following posted "Closed until orders from comptroller of The capitalized Jackson, Miss., March Blanket restriction cent deposits with exceptions was ordered today banks Love, state superintend-