Article Text
Illinois Bank Fails. Quincy, Ill., Nov. 16.-The La Harpe bank, La Harpe, III., failed Saturday Hard times is the cause assigned by the managers. Liabilities and assets cannot be ascertained, as officers declined to give them out.
4954. La Harpe State Bank (La Harpe, IL)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- November 14, 1896
- Location
- La Harpe, Illinois (40.583, -90.969)
Metadata
- Model
- gpt-5-mini
- Short Digest
68ebe64e
Response Measures
None
Description
Contemporary brief notices report the La Harpe bank failed (managers cite hard times). There is no mention of a depositor run; the bank is described as failed/closed. Date inferred: failure occurred the Saturday before Nov 16, 1896 (i.e., 1896-11-14).
Events (1)
1.
November 14, 1896
Suspension
- Cause
- Local Shock
- Cause Details
- Managers attributed failure to 'hard times' (economic distress in the area), no specific insolvency details provided.
- Newspaper Excerpt
- The La Harpe bank, La Harpe, Ill., failed Saturday. Hard times is the cause assigned by the managers.
- Source
- newspapers
Newspaper Articles (2)
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Article Text
Illinois Bank Fails. Quincy, III., Nov. 16.-The La Harpe bank, La Harpe, Ill., failed Saturday. Hard times is the cause assigned by the managers. Liabilities and assets cannot be ascertained, as officers declined to give them out.