Jeffersonville Bank (Jeffersonville, OH)

Episode Information

Episode UID
5260373391122
Episode Type
Suspension โ†’ Closure
Bank Type
trust
Bank ID
526037339 hash
Start Date
June 26, 1893
Location
Jeffersonville, Ohio (39.653, -83.558)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
ee7583bccb5f4ffa

Response Measures

None

Events (1)

1. June 26, 1893 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Closure attributed to failure of W. T. Haydock, a St. Louis stockholder in the bank.
Newspaper Excerpt
Sabina and Jeffersonville banks closed their doors this morning; caused by the failure of W. T. Haydock, of St. Louis, who is a stockholder in both banks.
Source
newspapers

Newspaper Articles (6)

Article from The Times, June 27, 1893

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Article Text

MORE BANK FAILURES. Two Small Banks Suspend-California Banks Resume. TOPEKA, KAN., June 26.-The Bank of Ness City has closed its doors with but eighty-five dollars and thirty-nine cents in cash on hand. Deposits amount to $31,360, with other liabilities of $4,000. It has loans aggregating $74,000, mostly on real estate securities, from which but little can be realized. The capital of the bank is $40,000. WASHINGTON O., June 26.-Sabina and Jeffersonville banks closed their doors this morning: caused by the failure of W. T. Haydock, of St. Louis, who. is a stockholder in both banks. The Sabina Bank had a capital of $25,000. SAN DIEGO, CAL. June 26.-The Bank of Commerce resumed business this morning, and the First National Bank will probably resume in a few days. Queen City Bank Suspends. BUFFALO, June 26.-The Queen City Bank, which was started here a little over a year ago, closed its doors shortly after noon to-d V. Mr. F. M. Inglehart, one of the direct 's, said that the suspension was due to a steady drain of money out of the bank, which has been going on for several weeks. The bank paid out all the money it had, even the dimes, nickels and pennies, and when the last cent was gone the officers went out and closed. Mr. Inglehart said that the bank had plenty of collateral, but found it impossible to raise money on it in the present financial stringency. The New York banks would not let them have any money. He said the depositors will be paid in full. The bank owes depositors $1,400,000. MINNEAPOLIS, MINN., June 26.-The Bank of New England has suspended payment. Capital stock, $100,000. Deposits unknown.


Article from The Wilmington Daily Republican, June 27, 1893

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NUGGETS OF NEWS. The paid admissions at the World's fair yesterday were 91,160. The president has appointed James F. Leys to be an assistant surgeon in the navy. At Omaha an entire family of seven were poisoned by eating lettuce salad, one dying. Rev. Dr. Charles A. Hay, professor of Greek at the theological seminary at Gettysburg, Pa., died at that place, aged 72. Thirty-eight Chicago bankers send a message to President Cleveland urging the repeal of the Sherman silver purchase law. Forest fires near Deadwood, S. D., have forced the Homestead and Associate Mining company to close down their mines and mills. It is reported that the Louisville and Nashville railroad will assume control of the Newport News and Mississippi Valley railroad July 1. Theodore Runyon, United States minister at Berlin, has taken Mrs. Runyon to Ems in order that she may be treated there for a bronchial affection. At the penitentiary in Philadelphia a convict (name withheld by the warden) attempted suicide with a razor that had been given him with which to shave. Justice Clement, of Brooklyn, refused to annul the marriage of Colonel William E. Sinn, the theatrical manager, to Cora Tanner, the well known actress. M. P. L. A. Decrais, French ambassador to Austria, has been transferred to London to fill the vacancy in the French embassy there, caused by the resignation of M. Waddington. A dispatch from Washington Court House, O., states that the Sabina and Jeffersonville banks have closed their doors, caused by thefailure of W. T. Haycock, of St. Louis, who is a stockholder in both banks.


Article from New-York Tribune, June 27, 1893

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MORE WESTERN BANKS GO DOWN. Minneapolis, June 26.-The Bank of New-England suspended payment this morning, temporarily, at least. Since the failure of the State Bank Thursday there has been a steady withdrawal of deposits. A. J. Blethen, the president of the bank. says It had considerable money tied up by the Chicago failures. Every depositor, lie adds, will be paid in full. as the stock holders will suffer Instead of the depositors If the bank does not resame. The capital stock of the bank is $100,000; surplus, $12,000; undivided profits, $4,000; deposits unknown. The Chemical National, of Chicago, recently failed. was the Chicago correspondent. The bank had cash available of 864,000 on May 4, the time of the last report: but its liabili ties were $200,000, and assets somewhat In excess of that amount. No other banks are in any way involved, as they were warned by the State Bank failure. The bank was organized about two years ago. Topeka, Kan., June 26.-The Bank of Ness City has been closed by State Bank Commissioner Breidenthal, after an unsaccessful attempt to raise money among its Eastern stockholders to tide 11 over Its present embarrassment. This bank, which has a capital stock of $40,000, had $31,300 deposits. and when the Bank Controller took charge it land cash on hand of 883 95. Bank Commissioner Breidenthal says the bank was loaded down with real estate. Washington Court House, Ohlo. June 26.-Sabina and Jeffersonville banks closed their doors this morning. caused by the failure of W. T. Haydock, of SI. Louis, who is a stockholder in both banks. The Sabina Bank had a capital of $25,000.


Article from The Wilmington Daily Republican, June 27, 1893

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STILL tue troubles come. Yesterday the Crum Creek Iron and Steel Company assigned for the benefit of its creditors. The difficulty of getting money and duliness in the iron trade are given as a cause for the failure. The Queen City National Bank of Buffalo, N. Y., has closed its doors,and the Sabina and Jeffersonville banks. Ohio, have followed suit. Huskie & Draper, dry goods merchants. of Wil. mington, N. C., also failed yesterday. Cleveland's good times are coming.


Article from The Roanoke Times, June 27, 1893

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Yesterday's Failures. TOPEKA, Kan., June 6.-The bank of Ness City has closed its doors with but $885.39 in cash on hand. Deposits amount to $31,360 with other liabilities of $1,000. It has loans aggregating $74,000, mostly on real estate securities, from which but little can be realized. The capital of the bank is $40,000. W ASHINGTON, Ohio, June 26.-The Sabina and Jeffersonville banks closed their doors this morning, caused by the failure of W. T. Haydock, of St. Louis, who is a stockholder in both banks. The Sabina bank had a capital of $25,000. BUFFALO, N. Y., June 26. - The Queen City Bank which was started here a little over a year ago, closed its doors shortly after noon to-day. F. M. Inglehardt, one of the directors, said that the suspension was due to the steady drain of money out of the bank which has been going on for several weeks. The bank paid out all the money it had, even to dimes, nickels and pennies. and when the last cent was gone the officers went out and closed the doors. Inglehardt said that the bank had plenty of collateral but found it impossible to raise money on it in the present finar cisl stringency. The New York banks would not let them have any money. He said depositors will be paid in full. The bank owes depositors $1,400,000.


Article from Belmont Chronicle, June 29, 1893

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GENERAL NEWS NOTES. Quarters. Items of Interest Gathered From Various Senator Leland Stanford died Wednesday at his at Palo Alto, Cal., on estimated at night. home His wealth is $35,000,000. Bros. Circus was struck was being by Ringling while a performance and eight lightning River Falls, Wis., and many persons given at were instantly killed more injured. for Clark was fined $60, at editor Canton, of Col. striking General Sherwood, the News Democrat. of & Co., a large lumber liabilities firm Cincinnati, Crane have failed with of $150,000. banks in Los Angeles, was Cal., a closed Four their doors. Only one National bank. The Citizens' Savings Bank, of Portshas gone under. at mouth, Four persons were burned to death Flint, o. Duluth. Rufus Devolt was killed by a train at Blanche Hogan, of Sandusky, drank an after ounce with her husband he offering no quarrel of laudanum resistance in and his refusing presence, to go for was physician. Butchers, of near Celina, fire and Pearl when her dress caught baking, burned to death. she The was Miami Valley Insurance Company has out of business. has gone Gibson, of Canton, Sweet, John suit R. against George W. for of brought Chicago. the for affections $50,000 of damages his wife. alienating Hajanecki, a Pole, shot at his Akron. wife Jacob mortally stabbed himself by a and Kansas was devastated Many destructive Eastern cyclone on Thursday. persons were killed. a asked lady young Frank Schoefiler social at Norwalk to go he to at a church with him. himself. She declined, and shot supper her and then tendered Governor on Thursday. McKinley A reception at the was Ohio Building, World's The Fair, new Liberty Bell was successfully is cast at Troy, McCoy, N.Y. U.S. Minister to Liberia, die in twelve Wm. dead. He is the fourth years. Haney, a white man two-year-old living Frank Ga., beat had his whipped Carnesville, girlt death. child death he mashed his to knife heaten broke the its ribs, and stuck head, into its body repeatedly. the off Tripoli war the former In a naval ship maneuver Victoria collided went with down in over the English Camperdown, 15 minutes, and carrying with her Secretary 400 men. Morton says the Populists died are going Richard to pieces. Smith, of Rome, o., Mrs. bite of a copperhead. was from Howard the Gandy, aged 10 years, at Youngstown. was fatally to injured drowned E. E. Craig. at Celina an aeronaut, by his parachute failfarmers drowned. ing J. L. work. Goff, of Muskingum one of the county, wealthiest was Lima burst,killing A soda and fountain wrecking at the building- Findlay, to was burned one Mrs. man Sarilla Yeagley, death by of an near explosion the against recent gasoline. Suits hazers have been at Delaware, brought each victim At Findlay from asking $10,000. Paulina Schlack her husband has begun to action for divorce has been married 53 years. new whom Auglaize she county will erect Court-house. is talk of the coming Congress adopting There the Reed rules. Spain. Only has sailed for World's The Infanta 40,000 attended the Fair on Sunday. at Kirkwood Clyde Webster the was railroad killed in unveiled a buggy. while crossing at Chicago that were hung. Mosstatue The Anarchists of their brethern on a body of killed. British fired twenty were The and the trusts, stringent lemsi Rangoon Illinois is after been enThe State of law having just man H. Todd, a out his a acted. E. Ill., blew wealthy business Illinois, brains. has of Quincy, Altgeld, Schwab, of and Neebe, Governor Fielden, were convicted pardoned They Haymarket riot. the anarchists in the extensive paper Snider & have of for Louis complicity Cincinnati, Sons, failed. bank dealers of Merchants Stobbed National of $3,000 The Minn., was masked robber. through much in Moorehead, broad daylight swept by a damage. Clarke A cyclone Monday. doing of Minnecounty, Bank of New England, its doors, sus- and Queen apolis. The Minn., City, has closed of Buffalo, has of GalliC. have assigned. the pended. A. Carl's Sons, coal Assets men $6,000; liabilities polis, $40,000. of Fayette the Jeffersonville bank, of Clinton Co., have and Gloncester Co., The the Sabina bank, bank, of Athens Co., assigned. of the has free India coinage stopped thousand boy cow was 14 days. the silver. John Berry race to won the World's the Fair. His has anarchists time The pardon bitter of discussion. is caused Ohio much Prohibition Convention in The session at Cleveland. sumyou range Don't purchase until Always your have seen spring wide and what we all of mer Dresses We can show shades at We prices. show. in new attention can choice new Goods, especially call your