John A. Thompson's Bank (Edinburg, IN)

Episode Information

Episode UID
3561568391158
Episode Type
Suspension → Closure
Bank Type
trust
Bank ID
356156839 hash
Start Date
June 11, 1896
Location
Edinburg, Indiana (39.354, -85.967)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
d2a7d22e91f4eba0

Response Measures

None

Description

Newspapers give variant spellings (Edinburg/Edingurg) and receiver name spelled Threkeld/Threckeld.

Events (2)
1. June 11, 1896 Receivership
Newspaper Excerpt
William Threkeld was made receiver.
Source
newspapers
2. June 11, 1896 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bad investments and depletion/lack of deposits caused the failure.
Newspaper Excerpt
At Edinburgh to-day, John A. Thompson's bank closed its doors.
Source
newspapers

Newspaper Articles (4)
1. June 12, 1896 Richmond Dispatch Richmond, VA
Article from Richmond Dispatch, June 12, 1896

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Article Text

Private Bank Suspends. COLUMBUS, IND., June 11.-At Edinburgh to-day, John A. Thompson's bank closed its doors. William Threkeld was made receiver. The assets are estimated at $200,000. The liabilities are less than that amount. Lack of deposits is given as the cause of the failure.

2. June 12, 1896 The Morning News Savannah, GA
Article from The Morning News, June 12, 1896

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Article Text

An Indiana Bank Fails. Columbus, Ind., June 11.-At Edinburg to-day John A. Thompson's bank closed its doors. William Threckeld was made receiver. The assets are estimated at $200,000. The liabilities are less - than that amount. Lack of deposits is given as the cause of the failure.

3. June 13, 1896 The Scranton Tribune Scranton, PA
Article from The Scranton Tribune, June 13, 1896

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Article Text

AN OLD BANK SUSPENDS. John A. Thompson's Indiana Institution Closes Its Doors. Edinburg, Ind., June 12.-John A. Thompson's bank, one of the oldest banking institutions in Johnson county, has closed its doors. Liabilities $75,000; assets $180,000.

4. June 18, 1896 The Valentine Democrat Valentine, NE
Article from The Valentine Democrat, June 18, 1896

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Article Text

Indiana Bank Fails. John A. Thompson's Bank of Edingurg, Ind., has closed its doors. The property of the bank and the Thompson flour mill, as well as the property of the individual members of these firms, has been assigned for the benefit of the creditors. Bad investments and a depletion of deposits, it is said, caused the failure. Liabilities, $75,000; assets, $180,000.