Pontiac National Bank

Episode Information

Episode Type: Suspension → Closure
Start Date: November 10, 1942
Location: Pontiac, Michigan (42.639, -83.291)
Bank Type: national
Charter Number: 3388

Metadata

Episode ID
Bank ID
City ID: 260635224

Model: gpt-5-mini
Short Digest

Notes

Article references the bank's collapse and a receiver; the exact failure date is not provided.

Events (3)

1. September 2, 1885 Chartered

Source: historical_nic

2. November 19, 1898 Voluntary Liquidation

Source: historical_nic

3. November 10, 1942 Receivership

Newspaper Excerpt: Admits Taking Cash Of Bank Receiver Stuart C. Wilson, 34, who handled assessments of stockholders in the collapse of the Pontiac National Bank, today was free under $500 bond, pending sentence.
Source: newspapers

Newspaper Articles (1)

1. November 10, 1942 Detroit Evening Times Detroit, MI

Article from Detroit Evening Times, November 10, 1942

Click image to open full size in new tab

Article Text

Admits Taking Cash Of Bank Receiver Stuart C. Wilson, 34, who handled assessments of stockholders in the collapse of the Pontiac National Bank, today was free under $500 bond, pending sentence. Wilson pleaded guilty before Federal Judge Frank A. Picard

Episode Information

Metadata

Notes

Events (3)

Newspaper Articles (1)

Article Text

Bank runs are almost always and everywhere a deterioration of bank fundamentals.

Flag Article for Review

Flag Episode for Review