4358. Cosmopolitan State Bank (Chicago, IL)

Bank Information

Episode Type
Suspension → Closure
Bank Type
private
Start Date
December 14, 1910
Location
Chicago, Illinois (41.850, -87.650)

Metadata

Model
gpt-5-mini
Short Digest
7b7183dd

Response Measures

None

Description

Newspaper reports (Dec 14, 1910) state a receiver was appointed for the 'Cosmopolitan Bank,' described as a small private concern in Chicago; action resulted from real-estate litigation and alleged fraudulent certificates of deposit. No run or pre-suspension run is mentioned. The original prompt listed 'Cosmopolitan State Bank' — articles refer to 'Cosmopolitan Bank' and describe it as a private bank, so bank name/type are uncertain.

Events (1)

1. December 14, 1910 Receivership
Newspaper Excerpt
A receiver was appointed today for the Cosmopolitan Bank, a small private concern here. The action resulted from real estate litigation involving alleged fraudulent certificates of deposit.
Source
newspapers

Newspaper Articles (2)

Article from Evening Times-Republican, December 14, 1910

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Article Text

Small Bank Fails. Chicago, Dec. 14.-A receiver was appointed today for the Cosmopolitan Bank, a small private concern here. The action resulted from real estate litigation involving alleged fraudulent certificates of deposit.


Article from Rock Island Argus, December 14, 1910

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Article Text

Small Bank Fails. Chicago, Dec. 14.-A receiver was appointed today for the Cosmopolitan bank, a small private concern here. The action resulted from real estate litigation involving alleged fraudulent certificates of deposit.