Home National Bank - Chicago, IL

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 2048
Charter Number: 2048
Start Date: December 31, 1897
Location: Chicago, Illinois (41.850, -87.650)

Metadata

Model: gpt-5-mini
Short Digest: ef30f8ff

Response Measures

None

Description

Article (Daily New Dominion, 1897-12-20) states the Home National Bank of Chicago will go into voluntary liquidation at the close of the year. No run is mentioned; this is a voluntary liquidation leading to permanent closure.

Events (3)

1. September 19, 1872 Chartered

Source: historical_nic

2. December 7, 1897 Voluntary Liquidation

Source: historical_nic

3. December 31, 1897 Suspension

Cause: Voluntary Liquidation
Cause Details: Bank is going into voluntary liquidation at the close of the year; capital stock $250,000 reported in article.
Newspaper Excerpt: After an existence of 25 years the Home National bank of Chicago, at the close of the present year, will go into voluntary liquidation.
Source: newspapers

Newspaper Articles (1)

1. December 20, 1897 Daily New Dominion Morgantown, WV

Article from Daily New Dominion, December 20, 1897

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Article Text

PITH OF THE NEWS The Canadian government has decided to permit Americans to ship goods into Alaska through Canadian territory in bond. At Holyoke, Mass., Amelia Koegel, 35 years old, attempted to light a gaso. line srove. when there was an explosion tha killed her and 2-year-old Alfred Renell. After an existence of 25 years the Home National bank of Chicago, at the close of the present year, will go into voluntary liquidation. The capital stock is $250,000. At Owensboro, Ky., R. Monarch, for himself, the Glenmore Distilling company and the agle Distilling company, assigned. The assets and liabilities are each about $750,000. Rhode Island cotton manufacturers have not decided to follow the example of the Fall River (Mass.) mills and the Amoskeag corporation of Manchester and reduce wages. The Cunard steamer Lucania brought to New York the body of Rev. David D. Day of Chester county, Pa., formerly a missionary to Africa, who died of fest during the voyage.