Auburn State Bank - Chicago, IL

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: June 1, 1917*
Location: Chicago, Illinois (41.850, -87.650)

Metadata

Model: gpt-5-mini
Short Digest: 5687d65e

Response Measures

None

Description

The single article (NY Tribune 1917-06-19) mentions the 'closing of the Auburn State Bank, of Chicago' with no description of a run or of reopening. No cause is given in the excerpt, so I classify this as a suspension/closure (permanent closing implied).

Events (1)

1. June 1, 1917* Suspension

Cause Details: Article only states the bank's 'closing' without giving a reason or linking it to runs, correspondent failures, government action, or local shocks.
Newspaper Excerpt: the closing of the Auburn State Bank, of Chicago, its depositary
Source: newspapers

Newspaper Articles (1)

1. June 19, 1917 New-York Tribune New York, NY

Article from New-York Tribune, June 19, 1917

Click image to open full size in new tab

Article Text

Business Troubles Bankruptcy Petitions DREXLER SALES COMPANY. INC., of New York A petition has been filed against the Drexler Sales Company, Inc., of New York, automobile sajes agent at 1748 Broadway, and 56th st., by Edmund L Mooney, a creditor for $1,000 for rent. The company was incorporated on February 10. 1917. with capital stock $5,000, and it is alleged that it removed all its property from the place of bustness, in the Rockingham, on June 15. Judge Manton appointed Henry G. Gennert received under & bond of $1,000. Mr. Mooney attached a letter to the application for a receiver which he received from H. B. Leachman, of Chicago, president of the company, to the effect that the appointment of 8 receiver for the Drexler Motor Car Corporation. of Chicago, following the closing of the Auburn State Bank. of Chicago, its depositary, forced the Ne! York company to close up its New York office. SAMUEL J. ZIMBLER, dealer in clothing at 171 Stanton sh, has made an assignment to Samuel J. Cohen. A petition in bankruptcy was also filed against him by these creditors: B. Siegel, 2500; R. Donn, $300, and R. Schiechter. $100. Judge Manton appointed Isaac F. Cohen receiver, with bond of $1,500. Liabilities are stated to be $12,000 and assets $3,000. MORRIS SCHECHTER.-A petition has been filed against Morris Schechter. furniture dealer at 508 Second ave., by these creditors Mittman & Feinberg, $351: Dixie Furniture Company, $103. and Beatrice F. Temple, $1,000. Liabilities are $2,500 and assets $1,000. UNION SUITCASE COMPANY.-A petition has been filed against David Jacobson and Harry Rosenstrock, doing business as the Union Suitcase Company, at 300 Canal st., by these creditors: American Steel Frame and Iron Band Company. Inc., $360: United Steel Frame Company, $97, and Edward Haberman, $115. FREDERICK O. ROBINSON, salesman, 153 West 57th st., has filed a petition in bankruptcy, with liabilities of $17,748 and assets of $5 cash. Some of the debta were contracted jointly with the Selma Russian Toilet Preparation Company, of which be was an officer CHARLES A. M'MANN, 2814 Broadway, formerly & liquor dealer, bas filed a petition with liabilities of $30,528 and no assets Among the creditors are Clara L Craft, $20,000. and the Berghoff Brewing Association, Fort Wayne, Ind., $5,052 LEON KANTOR, dealer in diamonds and jewelΓy. at 87 Nassau st., has filed a petition with liabilities of $7,547 and assets of $6,038, consisting of stock $842, accounts $5,196 and shares of stock $100. Compositions Confirmed ALPHONSE ANDRE-Judge Manton has confirmed a composition of Alphonse Andre, butcher at 98th st. and Columbus are. with fourteen other stores. with creditors at 40 cents on the dollar. Liabilities were $122,850. K. & K. LARACY INC-Judge Manton has confirmed a composition of K. & E. Laracy, Inc. gowns. at 665 Fifth are., with creditors at 12½ cents on the dollar cash. Liabilities were $20,683. PROSPECT FURNITURE COMPANY -Judge Manton has confirmed & composition of the Prospect Furniture Company, 768 Westchester are., with creditors at 45 cents on the dollar. Receivers Appointed JOSEPH BLUMENFIELD.-Jud Manton has appointed Francis J. McNamara receiver for Joseph Blumenfeld, dealer in silks and dressgoods, at 941 Intervale are Assignments POPE BROTHERS & CHEPPU COMPANY, LTD., brokers. at 1 Wall 8L, have made an assignment to Theodore Wood. It is a Canadian Corporation of which William H. Cheppu is treasurer and acted as fiscal agent for the Tommy Burns Gold Mining Company. SAMUEL KORB, dealer in drygoods, at 1469 Second are., has made an assignment to Aaron A. Feinberg. Bankruptcy Discharges Judge Manton, in the United States District Court, yesterday granted discharges to these bank. rupte Alexander M Schwab. clerk 740 West End are, liabilities $50,760: Benjamin H. Adams, Yonkera, formarly of Hugh W. Adams & Son, iron merchants, of New York, liabilities $24,318; Rudelph Knierim, painter and decorator, Port Chester, Habilikies $28,649; Budolph Gras, formerly leather goods, 39 West 32d st.: Jacob H. Lieberman, men's furnishing goods, 243 West 125th st.: Oscar Hamburger, drygoods, 593 East 138th #2; John C. Lennen, formerly Hotel Monticello: Alfred N Fulm, grocer, 530 Columbus ave.; Jeanne Vallicellt. interior decorator, 127 East 52d st.: John J. Deezan. chauffeur, 248 East 137th oh; 8 Anson 203 West 113th st. Anthony V. Caggiano, bartender. 330 Fax 117th at. Ida Pincus, 453 Third are Abraham Fallck, furniture salesman, 1473 Fina are: Beckie Kling, grocer. 40 Ludiow st.: Roben Herold, merchant tailor, 48 East 3d st, and Max L Grossman, dreases, 33 West 34th 6L. and 12 West 17th st.