Mechanics National Bank (Chicago, IL)

Episode Information

Episode UID
46600769
Episode Type
Run Only
Bank Type
national
Bank ID
4660 national
Charter Number
466
Start Date
January 1, 1864*
Location
Chicago, Illinois (41.850, -87.650)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
7791f9849422e667

Response Measures

None

Description

Article is a 40-years-ago reminiscence referring generally to all Chicago banks, not naming Mechanics National Bank specifically.

Events (3)

1. January 1, 1864* Run
Cause
Local Banks
Cause Details
Runs on all Chicago banks triggered by suspension of one institution in the city.
Newspaper Excerpt
A run was in progress upon every Chicago bank because of the suspension of one institution.
Source
newspapers
2. June 28, 1864 Chartered
Source
historical_nic
3. December 30, 1874 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (2)

Article from The Miller Sun, October 12, 1904

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Article Text

forty Years Ago. A run'was in progress upon every Chicago bank because of the suspension of one institution. The propeller Ogdensburg, which 12 years before on Lake Erie had collided with and sunk the steamer Atlanta with great loss of life, itself was sunk in a collision off Cleveland, O. The citizens of Belleville, III., were preparing to resist a threatened in vasion by a detachment from General Price's Confederate command. Drafting from the city of Chicago was commenced, the Sixth and Eighth Wards being first drawn upon. A sudden movement by Generals Grant, Ord and Birney carried the Union lines to within four miles of Richmond, Va., on the south.


Article from Vernon County Censor, October 12, 1904

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Article Text

# forty Years Ago. A run was in progress upon every Chicago bank because of the suspen-sion of one institution. The propeller Ogdensburg, which 12 years before on Lake Erie had collided with and sunk the steamer Atlanta with great loss of life, itself was sunk in a collision off Cleveland, O. The citizens of Belleville, Ill., were preparing to resist a threatened invasion by a detachment from General Price's Confederate command. Drafting from the city of Chicago was commenced, the Sixth and Eighth Wards being first drawn upon. A sudden movement by Generals Grant, Ord and Birney carried the Union lines to within four miles of Richmond, Va., on the south.