Article Text
suspended. WASHINGTON, Aug. 11.-Comptroller Eckles was informed this morning of the suspension of the Waxahachie National bank of Waxabachie, Texas, capital $100,000.
Waxahachie National Bank (Waxahachie, TX)
Episode Information
- Episode Type
- Suspension → Reopening
- Start Date
- August 11, 1893
- Location
- Waxahachie, Texas (32.387, -96.848)
- Bank Type
- national
- Charter Number
- 4379
Metadata
Events (4)
1.
July 26, 1890
Chartered
- Source
- historical_nic
2.
August 11, 1893
Suspension
- Cause
- Macro News
- Cause Details
- Suspension attributed to the general money stringency during the 1893 financial panic.
- Newspaper Excerpt
- the Waxahachie National bank has suspended; assets $206,000; liabilities $86,000. Money stringency was the cause.
- Source
- newspapers
3.
August 19, 1893
Reopening
- Newspaper Excerpt
- was today permitted to resume business. having complied with all the conditions imposed by the Comptroller of the Currency and its capital stock being unimpaired, was to-day permitted to resume business.
- Source
- newspapers
4.
March 7, 1927
Voluntary Liquidation
- Source
- historical_nic
Newspaper Articles (17)
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Article Text
A Texas Bank Suspends. WAXAHACHIE, Aug. 11.—The Waxahachie National Bank has suspended. Assets, $206,000; liabilities, $86,000. Money stringency was the cause.
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Bad for Waxahaehie. WAXAHACHIE. Tex., Aug.11.-The Waxahaehie National bank has suspended; assets $206,000, liabilities $86,000. Money stringency was the cause.
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A Texas Bank Suspends. WAXAHACHIE, Tex., Aug. 11.—The Waxahachie National bank has suspended. Assets, $206,000; liabilities, $86,000. Money stringency the cause.
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A Texas National Bank Suspends. 11.-Conptroller Washington, Aug. Eckels was informed this morning of the suspension of the Waxahachie National Bank of Waxahachie, Tex., capital $100,000.
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ANOTHER BANK SUSPENSION. Waxahachie, Tex., Aug. 11.—The Waxahachie National Bank has suspended. The assets are $206,000; the liabilities, $86,000.
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DALLAS, Aug. 12.-The Waxahachie National bank suspended.
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WILL RESUME. PUEBLO, Col., Aug. 19.-The Central National bank, which suspended on July 15, will resume business on Monday morning. The American and the Western National banks will probably resume at an early date. WASHINGTON, Aug. 19-The Waxahachie National bank of Waxahachie, Tex., which suspended payment on Aug. 11, was today permitted to resume business.
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Banks Resuming Business. WASHINGTON, Aug. 19.-The Waxahachie National Bank of Waxahachie, Tex., which suspended payment on Aug. 11, having complied with all the conditions imposed by the Comptroller of the Currency. and its capital stock being unimpaired. was to-day permitted to resume business. SPRINGFIELD. Mo., Aug. 19.-The Bank of Marionville, which is connected with the Bank of Springfield. both of which failed during the last two weeks. resumed business yesterday. and it is believed the Bank of Springfield will resume soon.
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WASHINGTON. Aug. 19.-The government receipts for the month to date were $175,640,000. Receipts for fiscal year to date, $46,545,776. Expenditures for month to date, $22,207,000. Expenditures for fiscal year to date. $61,882,888. Nine clerks in the general land office have been detailed to survey and plat town sites in the Cherokee outlet and will leave Washington within the next day or two for that purpose. The Waxahátchie National bank of Waxahatchie, Tex., which suspended payment August 11, was today permitted to resume business.
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Notes From the Capitol, Secretary Gresham has instructed United States consular officers that certificates of depreciation of currency will be required in all cases of importation from countries where the currency is depreciated and the consular fee of $5 heretofore imposed for such certificates is abolished. Surgeon-General Wyman of the Marine hospital service has received a cablegram from Consul-General Edwards at Berlin, stating that there are no further cases of cholera there. Secretary Carlisle has accepted the resignation of Robert H. Wynne. Mr. Wynne was formerly private secretary to Secretary Carlisle as a special employe. The Waxahachie National Bank of Waxahachie, Texas, which suspended payment August 11, has been permitted to resume business. Nine clerks in the general land office have been detailed to survey and plat town sites in the Cherokee outlet. Owners of silver refused to sell bullion to the government Saturday at $0.7325 per ounce.
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MORE SOLID THAN EVER. I WANAHACHIE. Tex., Aug. 21.(Special).-The Waxahachle National bank, lately suspended, has resumed payment. One of the directors stated to your reporter that it is on a more solid basis than ever.
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LATER NEWS WAIFS. FINANCIAL AND COMMERCIAL The Teople's National Bank, of Winston, N. C., capital $100,000, has suspended. Lerzars, La., was surprised by the suspension of all the banks in the city. They were the First National and Lemars National, with a capital of $100,000 each, and and the Lemars State and German Savings Banks. Notices were posted on the doors that the suspensions are due to inability to realize on assets, but that all depositors will be paid. The First National Bank of Anthony, Kan., which suspended payment in July was permitted to reopen its doors to business. The Waxahachie National bank of Waxahachie, Tex., which suspended payment August 11, was permitted to resume business. PUEBLO, Con-Bank Examiner J. Sam Bro wn has given permission to the Central National Bank, which suspended July 15. to resume business. The American and Western national banks, which suspended the same day, have received permission from Comptroller Eckels to resume and are rapidly complying with the conditions required.
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LATER NEWS WAIFS. FINANCIAL AND COMMERCIAL. The People's National Bank, of Winston, N. C., capital $100,000, has suspended. Lerears, La, was surprised by the suspension of all the banks in the city. They were the First National and Lemars National, with a capital of $100,000 each, and and the Lemars State and German Savings Banks. Notices were posted on the doors that the suspensions are due to inability to realize OR assets, but that all depositors will be paid. The First National Bank of Anthony, Kan., which suspended payment in July was permitted to reopen its doors to business. The Waxahachie National bank of Waxahachie, Tex., which suspended payment August 11, was permitted to resume business. PUEBLO, CoL-Bank Examiner J. Sam Bro wn has given permission to the Central National Bank, which suspended July 15. to resume business. The American and Western national banks, which suspended the same day, have received permission from Comptroller Eckels to resume and are rapidly complying with the conditions required.
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SILVER PURCHASES. The treasury department purchased only 40,000 ounces of silver, though 147,000 ounces were offered. The price paid for the silver was $0.7325 per ounce and that figure was offered for the remaining 107,000 ounces. The treasuly today announced that the owners declined to sell at that figure. ROYAL VISITORS. Among the visitors of the house of representatives today were a party accompanying his highness, the rajah of Kaputhala, India. They were in charge of Colonel Massey of the English army. BANK CIRCULATION. National bank circulation outstanding today is $191,996,368, an increase during the week of $3,350,000. INDIGNANT PENS!ONERS. Col. Charles L. Lincoln, late deputy commissioner of pensions, is authority for the statement that an effort will soon be made to prove through the courts that suspensions of pensions granted under the act of June 27, 1890, were illegal. NO CHOLERA AT BERLIN. Surgeon General Wyman of the Marine hospital service has received a cablegram from Consul General Edwards at Berlin stating that there are no further cases of cholera there. The disease, the dispatch says, was introduced through cucumbers procured from infected districts in Russian Poland. TEXAS BANK RESUMES. Waxahachie National bank, Waxa. hachie, Tex., which suspended payment August 11 was today permitted to resume business.
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BANKS HAVE RESUMED. Those That Were Temporarily Embarrassed Now All Right. Controller Eckels has prepared the following statement of banks which temporarily suspended during the late stringency and have since resumed business: Black Hills National Bank, Rapid City, S. D., capital stock, $125,000; Gate City National Bank, Atlanta, Ga., $250,000; Capital National Bank, Indianapolis, Ind., $300,000; Washington National Bank, Spokane Falls, Wash., $250,000: First National Bank, Palouse city, Wash., $75,000; Southern California National Bank, Los Angeles, Cal., $200,000; First National Bank, Los Angeles, Cal., $200,000; First National Bank, San Diego, Cal., $300,000; First National Bank, Santa Ana, Cal. $150,000; First National Bank, Kendallville, Ind., $50,000; First National Bank, San Bernardino, Cal., $100,000; Second National Bank, Ashland, Ky., $50,000; First National Bank, Rico, Col., $50,000; National Bank of Commerce, Provo City, Utah, $50,000; First National Bank, Cisco, Texas, $50,000; American National Bank, Leadville, Col., $100,000; Central National Bank, Pueblo. Col., $50,000; Missouri National Bank, Kansas City, Mo., $250,000; First National Bank, Fort Scott, Kan., $300,000; Union National Bank, Denver, Col., $1,000,000; National Bank of Commerce, Denver, $500.000: Hutchinson National Bank, Hutchinson, Kan.. $100,000; People's National Bank, Denver, Col., $600,000; First National Bank, Anthony, Kan., $50,000; Greeley National Bank. Greeley, Col., $50,000; Farmers' National Bank, Henrietta, Tex., $50,000; State National Bank, Vernon, Tex., $100,000; Fourth National Bank, Louisville, Ky. $300.000; First National Bank, The Dalles, Ore., $50,000; Waupaca County National Bank, Waupaca, Wis., $50,000; Waxahachee National Bank, Waxahachee. Tex., $100,000; CitIzens' National Bank, Attica, Ind., $50,000; First National Bank. San Marcos, Tex., $80,000; First National Bank, Lockhart, Tex., $50,000. Total capital stock of $6,030,000. Since January 1 last 154 national banks have suspended. Of this number one has gone into voluntary liquidation, 57 have been placed in the hands of receivers, 62 are in the hands of national bank examiners with excellent prospects of early resumption, in addition to the 34 above named which have already resumed business.
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BANKS HAVE RESUMED. Those That Were Temporarily Embarrassed Now All Right. WASHINGTON, D. C. Sept. 1.Controller Eckels has prepared the following statement of banks which temporarily suspended during the late stringency and have since resumed business: Black Hills National Bank, Rapid City, S. D., capital stock, $125,000; Gate City National Bank, Atlanta, Ga., $250,000; Capital National Bank, Indianapolis, Ind., $300,000; Washington National Bank, Spokane Falls, Wash., $250,000; First National Bank, Palouse city, Wash., $75,000: Southern California National Bank, Los Angeles, Cal: $200,000; First National Bank, Los Angeles, Cal., $200,000; First National Bank, San Diego, Cal., $300,000; First National Bank, Santa Ana, Cal., $150,000; First National Bank, Kendallville, Ind., $50,000; First National Bank, San Bernardino, Cal., $100,000; Second National Bank, Ashland, Ky., $50,000; First National Bank, Rico, Col., $50,000; National Bank of Commerce, Provo City, Utah, $50,000; First National Bank, Cisco, Texas, $50,000; American National Bank, Leadville, Col., $100,000; Central National Bank, Pueblo, Col., $50,000; Missouri National Bank, Kansas City, Mo., $250,000; First National Bank, Fort Scott, Kan., $300,000; Union National Bank, Denver, Col., $1,000,000; National Bank of Commerce, Den ver $500,000; Hutchinson National Bank, Hutchinson, Kan., $100,000; People's National Bank, Denver, Col.,$600,000; First National Bank, Anthony, Kan., $50,000; Greeley National Bank, Greeley, Col., $50,000; Farmer's National Bank, Henrietta, Tex., $50,000; State National Bank, Vernon, Tex., $100,000; Fourth National Bank, Louisville, Ky., $200,000; First National Bank, The Dalles, Ore., $50,000; Waupaca County National Bank, Waupaca, Wis., $50,000: Waxabachee National Bank, Waxabachee, Tex., $100,000; Citizen's National Bank, Attica, Ind., $50,000; First National Bank, San Marcos, Tex., $80,000; First National Bank, Lockhart, Tex., $50,000. Total capital stock of $6,030,000. Since January 1 last 154 national banks have suspended. Of this number one has gone into voluntary liquidation, 57 have been placed in the hands of receivers, 62 are in the hands of national bank examiners with excellent prospects of early resumption, in addition to the 34 above named which have already resumed business.