4218. Bankers National Bank (Chicago, IL)

Bank Information

Episode Type
Suspension → Reopening
Bank Type
national
Bank ID
4787
Charter Number
4787
Start Date
August 11, 1892
Location
Chicago, Illinois (41.850, -87.650)

Metadata

Model
gpt-5-mini
Short Digest
df3a5d98

Response Measures

None

Description

Newspaper items (Aug 11-12, 1892) report the Bankers' National Bank of Chicago has been authorized by Comptroller ... to be in business, indicating it had been closed/suspended and is being allowed to resume. No run or depositor panic is mentioned. The cause of the suspension is recorded here as government action (comptroller involvement).

Events (4)

1. August 3, 1892 Chartered
Source
historical_nic
2. August 11, 1892 Reopening
Newspaper Excerpt
The Bankers' National bank of Chicago, capital $1,000,000, ex-Comptroller Lacy, president, has been authorized by Comptroller Hepburn to be in business.
Source
newspapers
3. August 31, 1909 Voluntary Liquidation
Source
historical_nic
4. * Suspension
Cause
Government Action
Cause Details
Previously closed or restrained by federal comptroller action (implied by need for authorization to resume business)
Source
newspapers

Newspaper Articles (2)

Article from The Sauk Centre Herald, August 11, 1892

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Article Text

The coroner's jury has returned a verdict holding City Engineer Rundlett and assistants responsible for the West Side disaster. The Bankers' National bank of Chicago, capital $1,000,000, ex-Comptroller Lacy, president, has been authorized by Comptroller Hepburn to be in business. The directors of the Commercial bank, St. Paul, have applied to the courts for permission to re-open, and Judge Kelly has set the date for the hearing on Aug. 23. Rev. Dr. Frank T. Ingalls, of Springfield, Mo., a Congregational clergyman of wide reputation, president of Drury college, and a brother of ex-Senator Ingalls, is dead. Captain William C. Spencer, U.S. A., by the direction of the president, is placed upon the retired list to date from July 30, 1892, the date of his appointment of captain. The Minnesota world's fair commissioners has made appropriations for the horticultural and educational exhibits. All but $7,000 of the additional $100,000 has been collected. The efforts to compromise the Iron Hall litigation have proven fruitless and negotiations have been broken off. The case will come up for trial at Indianapolis next Thursday. A sloop from Victoria landed a dozen Chinese near Point Wilson, Or., and then hastily sailed away. The customs officers arrested four of the Chinese and are now on the trail of the others. At a picnic at Ball Hollow, Ky., a regular mountain battle took place between two Ferrill brothers and three or four Daniels. One of the Ferrills was terribly butchered, while two of the Daniels received dangerous wounds. Daniel W. Shea, son of a wealthy Boston family, and Henry Smith, of Saratoga, worth a million in his own name, fought two rounds to a draw at Saratoga Monday, before a select few. The fight was the result of a quarrel. John C. Bundy, for many years editor and publisher of The Religio-Philosophical Journal, and a man of international reputation among spiritualists and occultists, died in Chicago Saturday after a brief illness. He was 51 years old. The forty-two invader stockmen and Texans have been arraigned in court in Cheyenne charged with murder in the first degree. They were indicted in a body and in groups of four. It required all day to read the indictments. The trial is set for Aug. 23. The Milwaukee's statement for the year ended June 30 shows gross earnings of $32,283,508, an increase as compared with the preceding fiscal year of $4,779,383; expenses and taxes, $20,815,004; an increase of $2,448,504; net earnings, $11,468,508; an increase of $2,330,779. Harry Deakin has arrived in San Francisco from Japan direct, bringing with him the manuscript of a new play written by Sir Edwin Arnold and christened "Adsuma, or the Japanese Wife." The play is to be produced with Oriental splendor at Chicago during the world's fair. The Minnesota state railroad and warehouse commissioners have decided to hold an open meeting at the capitol on Sept. 1. They will then consider the matter of establishing a uniform grade for all kinds of grain handled in Minnesota. All persons interested in the subject are invited to attend and express their views to the commissioners.


Article from Oakes Weekly Republican, August 12, 1892

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Article Text

MISCELLANEOUS. Mrs. Ernestine Rose, well known as a woman's advocate in America, is dead at Brighton, England. The Union Pacific has acceded to the demands of the telegraph operators, and the general strike has been declared off. The contract for the new Catholic Theological seminary at St. Paul has been let. Over $500,000 will be expended. The coroner's jury has returned a verdict holding City Engineer Rundlett and assistants responsible for the West Side disaster. The Bankers National bank of Chicago. capital $1,000,000. ex-Comptroller Lacy, president, has been authorized by Comptroller Frepburn to be in business. The directors of the Commercial bank, St. Paul, have applied to the courts for permission to re-open. and Judge Kelly