Article Text
BANK RECEIVER SUES Accounting Demanded of Fred McGuire, Chicago Realtor. CHICAGO, August was filed United against M. McNair, receiver National Bank charges violation the national bank ing the bank's capital through payment dividends.
4048. United States National Bank (Chicago, IL)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- national
- Bank ID
- 3677
- Charter Number
- 3677
- Start Date
- August 1, 1932*
- Location
- Chicago, Illinois (41.850, -87.650)
Metadata
- Model
- gpt-5-mini
- Short Digest
1b22f90cfdbb01e2
Response Measures
None
Receivership Details
- Depositor recovery rate
- 81.0%
- Date receivership started
- 1893-05-22
- Date receivership terminated
- 1905-09-30
- OCC cause of failure
- Fraud
- Share of assets assessed as good
- 32.8%
- Share of assets assessed as doubtful
- 43.2%
- Share of assets assessed as worthless
- 24.0%
Description
Article (Evening Star, 1932-08-04) refers to a receiver suing in Chicago relating to a national bank, indicating the bank was in receivership. The snippet does not explicitly name 'United States National Bank' and gives limited detail; I mark bank_name_unsure = true. No mention of a run or reopening—receivership implies closure. Date taken from newspaper publication (August 1932). OCR errors in the snippet corrected minimally.
Events (3)
1.
April 23, 1887
Chartered
- Source
- historical_nic
2.
May 22, 1893
Receivership
- Source
- historical_nic
3.
August 1, 1932*
Receivership
- Newspaper Excerpt
- CHICAGO, August was filed United against M. McNair, receiver National Bank charges violation the national bank ing the bank's capital through payment dividends.
- Source
- newspapers
Newspaper Articles (1)
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