3909. Lincoln National Bank (Chicago, IL)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
3647
Charter Number
3647
Start Date
December 17, 1906
Location
Chicago, Illinois (41.850, -87.650)

Metadata

Model
gpt-5-mini
Short Digest
eaeeaa388e45f524

Response Measures

None

Description

Articles report that the Lincoln National Bank of Norton Park (a Chicago suburb) was placed in the hands of a receiver Dec 17, 1906 after a bankruptcy petition against owner W. J. Atkinson. No run is described; a receiver was appointed, indicating permanent closure/receivership.

Events (4)

1. March 12, 1887 Chartered
Source
historical_nic
2. July 30, 1900 Voluntary Liquidation
Source
historical_nic
3. December 17, 1906 Other
Newspaper Excerpt
CHICAGO, Ill., Dec. 17.-The Lincoln National bank of Norton Park, a suburb, was placed in the hands of a receiver today. This followed the filing of a petition in bankruptcy directed against W. J. Atkinson, the owner of the bank. The institution paid four per cent. on savings accounts, and carried deposits of about $90,000.
Source
newspapers
4. December 17, 1906 Receivership
Newspaper Excerpt
Judge Landis, in the United States district court at Chicago, appointed the American Trust and Savings bank of that city receiver for the Lincoln National bank of Norton Park, a suburb.
Source
newspapers

Newspaper Articles (6)

Article from The Bemidji Daily Pioneer, December 18, 1906

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Article Text

BRIEF BITS OF NEWS. (The Swedish government has ratified the Algeciras convention. The senate has agreed to the holiday adjournment resolution, which provides that if adjournment is had next Thursday it shall be until Jan. 3 next. Judge Landis, in the United States district court at Chicago, appointed the American Trust and Savings bank of that city receiver for the Lincoln National bank of Norton Park, a suburb. George Boote, for many years one of San Francisco's most prominent shipowners and shipbuilders, is dead after a short illness resulting from a fall from a street car six weeks ago. He was eighty-four years of age.


Article from Courier Democrat, December 20, 1906

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Article Text

Tuesday, Dec. 18. The senate has agreed to the holiday adjournment resolution, which provides that if adjournment is had next Thursday it shall be until Jan. 3 next. Judge Landis, in the United States district court at Chicago, appointed the American Trust and Savings bank of that city receiver for the Lincoln National bank of Norton Park, a suburb. George Boote, for many years one of San Francisco's most prominent shipowners and shipbuilders, Is dead after a short illness resulting from a fall from a street car six weeks ago. He was eighty-four years of age. The Mexican government has assented to the proposition of the state department that United States engineer officers shall enter Mexico to close the breach In the walls of the Imperial canal which is causing the formation of the Salton sea.


Article from The Manitowoc Pilot, December 20, 1906

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Article Text

SAVINGS ARE IN CRASH. Lincoln National Bank of Norton Park, III., Forced to Wall-Owner's Finances Cause. CHICAGO, Ill., Dec. 17.-The Lincoln National bank of Norton Park, a suburb. was placed in the hands of a receiver today. This followed the filing of a petition in bankruptcy directed against W. J. Atkinson, the owner of the bank. The institution paid four per cent. on savings accounts, and carried deposits of about $90,000.


Article from The Worthington Advance, December 21, 1906

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Article Text

Tuesday, Dec. 18. The senate has agreed to the holiday adjournment resolution, which provides that if adjournment is had next Thursday it shall be until Jan. 3 next. Judge Landis, in the United States district court at Chicago, appointed the American Trust and Savings bank of that city receiver for the Lincoln National bank of Norton Park, a suburb. George Boote, for many years one of San Francisco's most prominent shipowners and shipbuilders, is dead after a short illness resulting from a fall from a street car six weeks ago. He was eighty-four years of age. The Mexican government has assented to the proposition of the state department that United States engineer officers shall enter Mexico to close the breach in the walls of the Imperial canal which is causing the formation of the Salton sea.


Article from Little Falls Herald, December 21, 1906

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Article Text

Tuesday, Dec. 18. The senate has agreed to the holiday adjournment resolution, which provides that if adjournment is had next Thursday it shall be until Jan. 3 next. Judge Landis, in the United States district court at Chicago, appointed the American Trust and Savings bank of that city receiver for the Lincoln National bank of Norton Park, a suburb. George Boote, for many years one of San Francisco's most prominent shipowners and shipbuilders, is dead after a short illness resulting from a fall from a street car six weeks ago. He was eighty-four years of age. The Mexican government has assented to the proposition of the state department that United States engineer officers shall enter Mexico to close the breach in the walls of the Imperial canal which is causing the formation of the Salton sea.


Article from Watertown Weekly Leader, December 21, 1906

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Article Text

SAVINGS ARE IN CRASH. Lincoln National Bank of Norton Park, Ill., Forced to Wall-Owner's Finances Cause. CHICAGO, Ill., Dec. 17.-The Lincoln National bank of Norton Park, a suburb, was placed in the hands of a receíver today. This followed the filing of a petition in bankruptcy directed against W. J. Atkinson, the owner of the bank. The institution paid four per cent. on savings accounts, and carried deposits of about $90,000.