4174. A. C. Tisdelle (Chicago, IL)

Bank Information

Episode Type
Suspension → Closure
Bank Type
private
Start Date
January 22, 1908
Location
Chicago, Illinois (41.850, -87.650)

Metadata

Model
gpt-5-mini
Short Digest
d2043050

Response Measures

None

Description

Multiple contemporaneous newspaper reports (Jan 22–24, 1908) state the private bank of A. C. Tisdelle 'suspended payments' and posted a notice of an assignment for the benefit of creditors (assignee Charles A. Post). No run is reported; the assignment indicates an insolvency/voluntary winding-up and permanent closure.

Events (1)
1. January 22, 1908 Suspension
Cause
Voluntary Liquidation
Cause Details
Notice of assignment for the benefit of creditors; assets listed lower than liabilities to depositors; assignee named (Charles A. Post).
Newspaper Excerpt
The private bank of A. C. Tisdelle suspended payments to depositors today. A notice was posted on the door of the institution declaring the banker had made an assignment for the benefit of creditors.
Source
newspapers

Newspaper Articles (6)
1. January 22, 1908 The Evening Star and Newark Advertiser Newark, NJ
Article from The Evening Star and Newark Advertiser, January 22, 1908

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Article Text

CHICAGO BANK CLOSES. CHICAGO. Jan. 22.-The private bank of A. C. Tisdelle suspended payments to depositors today. The liabilities were given as $73,900 and the assets as $95,800. Of the liabilities $61,600 is due to depositors; certified and cashier's checks, $10.400; sundry debts slightly more than $2,000.

2. January 22, 1908 Evening Times-Republican Marshalltown, IA
Article from Evening Times-Republican, January 22, 1908

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Article Text

PRIVATE BANK ASSIGNS. A. C. Tisdelle of Chicago, Suspends Payment. Chicago, Jan. --The private bank of A. C. Tisdelle suspended payment to depositors today. A call was sent to police headquarters for officers to quell a possible disturbance around the office, but there was no trouble of any kind. The notice was posted on the door of the institution today declaring that the banker had made an assignment for the benefit of creditors. The liabilities are given at $74,000; assets, $96,000.

3. January 22, 1908 Lewiston Evening Teller Lewiston, ID
Article from Lewiston Evening Teller, January 22, 1908

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Article Text

Private Bank Suspends CHICAGO, Jan. 22.-The private bank of A. C. Tisdelle suspended payments to depositors today. A notice is posted of assignment for the benefit of creditors.

4. January 30, 1908 The Citizen-Republican Scotland, Parkston, SD
Article from The Citizen-Republican, January 30, 1908

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Article Text

PRIVATE BANK IN CHICAGO IS CLOSED Chicago, Jan. 24.-The private bank of A. C. Tisdelle suspended payments to depositors today. A call was sent to police headquarters for officers to quell a possible disturbance around the office, but there was no trouble of any kind. A notice was posted on the door of the institution declaring the banker had made an assignment for the benefit of creditors.

5. January 31, 1908 Kingsbury County Independent Desmet, SD
Article from Kingsbury County Independent, January 31, 1908

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Article Text

PRIVATE BANK IN CHICAGO IS CLOSED Chicago, Jan. 24.-The private bank of A. C. Tisdelle suspended payments to depositors today. A call was sent to police headquarters for officers to quell a possible disturbance around the office, but there was no trouble of any kind. A notice was posted or. the door of the institution declaring the banker had made an assignment for the benefit of creditors.

6. February 1, 1908 The Garland Globe Garland, UT
Article from The Garland Globe, February 1, 1908

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Article Text

Chicago Bank Closes Doors. Chicago.-The private bank of A. C. Tisdelle suspended payments to depositors on Wednesday. Al call was sent to police headquarters for officers to quell possible disturbances around the office, but there was no trouble of any kind. A notice was posted on the door of the institution early Wedne ay declaring that the bank had made an assignment for the benefit of its creditors to Charles A.° Post. The liabilities are given as $73,900, and the assets as $95,800. Of the Mabilities $61,000 is due to depositors.