Article Text
Made an Assignment. MARYSVILLE, Ohio, Jan. 7.-Blake Bros., lumber dealers, also owners of the Union County bank, Richwood, this county, have assigned. The bank is closed. Liabilities, $30,000; assets, half.
Union County Bank (Richwood, OH)
Episode Information
- Episode UID
4874825691009- Episode Type
- Suspension → Closure
- Bank Type
- trust
- Bank ID
-
487482569hash - Start Date
- January 7, 1884
- Location
- Richwood, Ohio (40.426, -83.297)
Metadata
- Model
- gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
- Short Digest
51aa1f2aa240b7d7
Response Measures
None
Description
Article reports an assignment by owners and the bank being closed; appears to be a failure/assignment for creditors.
Events (1)
1.
January 7, 1884
Suspension
- Cause
- Voluntary Liquidation
- Cause Details
- Owners (Blake Bros.) made an assignment; bank closed with liabilities ~$30,000 and assets about half.
- Newspaper Excerpt
- Made an Assignment. MARYSVILLE, Ohio, Jan. 7.-Blake Bros., lumber dealers, also owners of the Union County bank, Richwood, this county, have assigned. The bank is closed. Liabilities, $30,000; assets, half.
- Source
- newspapers
Newspaper Articles (2)
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Article Text
BUSINESS EMBARRASSMENTS. Bradstreet's Report of Failures During the Past Week. There were 345 failures in the United States reported to Bradstreet's during the past week, 63 more than the preceding week, 3 more than corresponding week of 1883, and 142 more than the same week of 1881. The total exceeds the record for any one week during the past five years. About 69 per cent. were those of small traders whose capital was less than $5,000. Compared with the preceding week the Middle States had 67, an increase of 2; New England States 46, an increase of 8; Southern States 85, an increase of 5; Western States 109, an increase of 16; Pacific States and Territories 38, an increase of 32. Canada had 39, an increase of 12. The important failures reported were M. Wolff & Co., wholesale hats, and B. R. Smith, cotton commission, New York city; Buckley & Co., dry goods, Utica, N. Y.; M. Waterman & Co., commission merchants, and E. Detrick & Co., bag manufacturers, San Francisco; William E. Phelps & Co., coal and foundry, Elmwood, Ill.; the Union County Bank, at Richwood. Ohio, and Kenner & Moore, bankers, at Morris, Minn. In the principal trades they were as follows: General stores 65; grocers 41; clothing 24; hardware and agricultural implements 20; shoes 19; dry goods 18; liquors 17; produce and provisions 13; stationers, printers, paper, etc., 11; manufacturers 8; hotels and restaurants 8; fancy goods 8; bakers and confectioners 7; coal and wood 5; carpenters and builders 4; furniture 4; hats 4; lumber 4; jewelry 4; plumbers 3; millinery 3; harness 3; grain and flour 3; drugs 3; commission 3; banks and bankers 3; men's furnishing goods 2. ALABAMA. Birmingham.-T. G. Knight, grocer, has assigned. Opelika.-A. P. Birch, general store, has assigned. Tuscumbia.-A.J. Wayne, general store, has assigned. GEORGIA. Albany.-Bailey & Schaffer, dry goods, have failed and called a meeting of creditors for January 31. Americus.-Taylor & Willett, general store, have failed, and a receiver has been appointed. Athens.-J. C. Wilkins, stoves, has failed. Atlanta.-W. P. Torrence, grocer, has failed. Augusta.-Ely Hammond, dry goods and clothing, gave a bill of sale of entire stock to his father-in-law for $1,955. Liabilities $5,700. Blakely.-S. C. Smith, general store, has failed. Chestnut Gap.-James H. Beard, distiller, has failed and sold out. Cuthbert.-H. B. Mathews, general store, has assigned. Flowery Branch.-P. I. Hudson, grocer, is reported to have left town. Fort Valley.-J. V. Hobbs, hotel, has been closed by the Sheriff. McDonough.-Hightower & Glass, general store, have been closed by the Sheriff. Raytoron.-G. W. Overton, general store, has assigned to Edward Crooke. Liabilities about $1,200; assets about the same. Thomson.-Solomon Sarling, general store, has assigned, Liabilities about $10,000; nominal assets $14,000; preferences $4,400. Whitesburg.-Craig & Brother, liquors, have been attached. SOUTH CAROLINA. Camp Ridge.-E. S. Sauls & Son, general store and furniture. are asking an extension. Greenville.-F. A. Perry, general store, is reported to have failed. Westminster.G. W. Green, general store, has failed and sold out.