First National Bank - Lockport, IL

Bank Information

Episode Type: Suspension → Reopening
Bank Type: national
Bank ID: 8933
Charter Number: 8933
Start Date: March 6, 1933
Location: Lockport, Illinois (41.589, -88.058)

Metadata

Model: gpt-5-mini
Short Digest: 10cb34c8cbf66dc2

Response Measures

None

Description

Article (Chicago Tribune 1933-04-23) reports the bank's president committed suicide but states the bank was considered sound and opened promptly when the moratorium ended. This refers to the 1933 national banking moratorium/holiday; no run is described and the bank reopened after the government-ordered closing.

Events (2)

1. October 26, 1907 Chartered

Source: historical_nic

2. March 6, 1933 Suspension

Cause: Government Action
Cause Details: Closed during the 1933 national banking moratorium/holiday; reopened when moratorium ended
Newspaper Excerpt: The institution opened promptly when the moratorium ended
Source: newspapers

Newspaper Articles (1)

1. April 23, 1933 Chicago Tribune Chicago, IL

Article from Chicago Tribune, April 23, 1933

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Article Text

LOCKPORT BANK PRESIDENT ENDS LIFE WITH GUN Carl H. Muehlenpfordt, president of the First National bank of Lockport. suicide yesterday while sitting in his automobile near the Big Run golf course, six miles north of Lockport. He shot himself in the temple. Mr. Muehlenpfordt was 48 years old. and according to his friends was known as conservative banker. They expressed the belief that his bank was sound and that its affairs had not led to his death. The institution opened promptly when the moratorium ended, they said. It was loaned much of his own now found the collateral in bad shape. Two notes found, but they failed to reveal the motive for the suicide. One, addressed to friend, Dr. E. Kingston, coroner of Will county, said that he ' tired of the whole business. Dr. Kingston found the body he completed round golf. The note, to the banker's wife, was to be reported equally indefinite.