Wyandot County Bank (Upper Sandusky, OH)

Episode Information

Episode UID
3373629991124
Episode Type
Run โ†’ Suspension โ†’ Closure
Bank Type
trust
Bank ID
337362999 hash
Start Date
August 1, 1893
Location
Upper Sandusky, Ohio (40.827, -83.281)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
f3fdc62ed3967a70

Response Measures

None

Description

OCR variants in sources (Wyandot/Wyandotte) corrected.

Events (3)

1. August 1, 1893 Run
Cause
Rumor Or Misinformation
Cause Details
Lack of depositor confidence and inability to convert paper into cash leading to heavy withdrawals
Newspaper Excerpt
the Wyandot County Bank, of this place, has suspended payment. The matter created but little excitement, as the general impression is that the bank is thoroughly solvent, its suspension being brought about by a lack of confidence by depositors
Source
newspapers
2. August 1, 1893 Suspension
Cause
Rumor Or Misinformation
Cause Details
Bank suspended payment due to depositor lack of confidence and illiquidity despite being regarded as solvent
Newspaper Excerpt
The Wyandot County Bank, of this place, has suspended payment.
Source
newspapers
3. August 3, 1893 Receivership
Newspaper Excerpt
A receiver now has charge of the Wyan. dotte County bank at Unner Sandusky, a
Source
newspapers

Newspaper Articles (3)

Article from The Helena Independent, August 2, 1893

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Article Text

TELEGRAPHIC BREVITIES. ST. PAUL, Aug. 1.-The Seven Corners State bank, capital $100,000. failed this afternoon. UPPER SANDUSKY, O., Aug 1.-The Wyandot County bank suspended. Assets $100,000, liabilities $75,000. NEW ROCHELLE, N. Y., Aug. 1. -John Stephenson, the well known our builder, died yesterday, aged 89 years. CLEVELAND, Aug. - The officers and directors of all savings banks of this city decided to require of depositors notice before the withdrawal of funds. CHICAGO, Aug. 1. - The formal opening of the congress of architects occurred today. The American institute of arenitects elected D. H. Burnham resident. PHILADELPHIA, Aug. 1.-Col. Wm. Fris. muth, aged 70 years. a well known inventor and active organizer of obs du ing the civil war, committed suicide to-eay. OMAHA, Aug. 1.-At a meeting of the presidents of Omaha savings banks this morning it was resolved to require sixty days' notice for the withdrawal of deposits. LONDON, Aug. 1.-The regular of the Royal Southampton Yacht club was held to-day. The course was fifty miles. The Britaunia and Valkyrie died not sail. The American yecht Navahoo wou with case. Satanita second. NEW YORK, Aug. 1.-James Mitchell, of the New York Athletic olub. to-day broke the world's record for putting the fifty-six pound weight. He made thirtv-eight feet one and one-half incues, which is suree feet further than the record. LONDON, Aug. -The Vienna correspond. on' of the News says Russia has resolved to ask China for an explanation of her uiiitude in the Pamire question, in view of the euormous masses of Chinese troops concentrated in the vioinity of Pamire. BUENOR AYRES, Aug. 1.-The radicals at the head of the revolutionary movement now in progress declare their object is to effect a complete revolution, as that of 1890, and to destroy surviving elements of the regime of Ex-President Colman.


Article from The Wheeling Daily Intelligencer, August 2, 1893

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Article Text

Upper Sandusky Bank Closed. UPPER SANDUSKY, O., August 1.-The Wyandot County Bank, of this place, has suspended payment. The matter created but little excitement, as the general impression is that the bank is thoroughly solvent, its suspension being brought about by a lack of confidence by depositors and the impossibility of converting its paper into ready cash. The liabilities are between $70,000 and $75,000, while the assets are about $100,000.


Article from Democratic Northwest, August 3, 1893

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Article Text

The Commercial bank of College Grove, Ore., failed Monday. A receiver now has charge of the Wyan. dotte County bank at Unner Sandusky, a