5529. Bank of Connersville (Connersville, IN)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
February 15, 1896
Location
Connersville, Indiana (39.641, -85.141)

Metadata

Model
gpt-5-mini
Short Digest
e8908099

Response Measures

None

Description

Newspaper items (Feb 15 and Feb 22, 1896) report Ex‑Treasurer James N. Huston assigned and his bank in Connersville suspended. This indicates a bank suspension tied to adverse bank‑specific insolvency of the proprietor; no mention of a depositor run or reopening. Assigned suggests insolvency/assignment rather than a temporary suspension, so I classify as suspension leading to closure.

Events (1)

1. February 15, 1896 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Proprietor (Ex‑Treasurer James N. Huston) was assigned (insolvent/assigned), leading to the bank's suspension.
Newspaper Excerpt
Ex-United States Treasurer James N. Huston assigned, and his bank in Connersville, Ind., suspended.
Source
newspapers

Newspaper Articles (2)

Article from The Washington Bee, February 15, 1896

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Article Text

The body of Prince Henry of Battenberg has arrived in England. Senator William P. Frye, of Maine, has been elected President pro tem of the Senate. The steamer Lamington, which was stranded on Great South Beach, L. I., is a total loss. Ex-United States Treasurer James N. Huston assigned, and his bank in Connersville, Ind., suspended. Eight families were burned out in the destruction of the Brighton apartment house in Chicago. Loss, $60,000. Hans Theede shot and killed by mistake an employe who was helping him to capture burglars in New York city A slight fire caused a panic in the Gilsey House, New York city, but fortunately no one was hurt. The Rev. John Fitzgerald, of Charlotte, N. Y., was adjudged guilty of arson in the second degree. The Canadian House of Commons adopted a motion virtually declaring against annexation to the United States The British Government has received a dispatch stating that the British forces have won two victories over the slave traders in Central Africa. It is now believed that ex-Consul Waller will be unconditionally released by France on condition that the United States waive all claims for indemnity. There are but forty voters in Somers Point, N. J., and fourteen of them have declared their intention of running for the office of Mayor at the spring election. Gen. S. W. Westmore, a graduate of West Point, committed suicide at New Orelans by jumping into the Missi si ) 1. He believed he was doomed to ill health. Edwin F. Uhl, of Michigan, now Assistant Secretary of State, has been tendered the post of Ambassador to Germany, to succeed the late Theodore Runyon, and has accepted. John Hays Hammond, the American mining engineer, has been released from jail at Pretoria in £10,000 bail on condition that he remain under constant police surveillance. It is believed his release was due to his illness. Eliza Stephenson, sixty-five years old, died in the hospital at Plainfield, N. J., apparently poverty stricken. She had been working by the day for the past twenty years. On searching her home six notes ranging from $100 to $600 and an account book showing $3,000 on deposit in the Home Savings Bank were found.


Article from The Washington Bee, February 22, 1896

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Article Text

The body of Prince Henry of Battenberg has arrived in England. Senator William P. Frye, of Maine, has been elected President pro tem of the Senate. The steamer Lamington, which was strandéd on Great South Beach, L. 1.. is a total loss. Ex-United States Treasurer James N Huston assigned, and his bank in Con nersville, Ind., suspended. Eight families were burned out in the destruction of the Brighton apartment house in Chicago. Loss, $60,000. Hans Theede shot and killed by mis take an employe who was helping him to capture burglars in New York city A slight fire caused a panic in the Gilsey House, New York city, but fortunately no one was hurt. The Rev. John Fitzgerald, of Char lotte, N. Y., was adjudged guilty 0 arson in the second degree. The Canadian House of Commons adopted a motion virtually declaring against annexation to the United States The British Government has received a dispatch stating that the Britis forces have won two victories over the slave traders in Central Africa. It is now believed that ex-Consu Waller will be unconditionally release by France on condition that the United States waive all claims for indemnity. There are but forty voters in Somers Point, N. J., and fourteen of them have declared their intention of running for the office of Mayor at the spring election. Gen. S. W. Westmore, a graduate of West Point, committed suicide at New 1 Orelans by jumping nto the Missi si de believed he was doomed to il. health. Edwin F. Uhl, of Michigan, now As sistant Secretary of State, has beer tendered the post of Ambassador to Germany, to succeed the late Theodore Runyon, and has accepted. John Hays Hammond, the American mining engineer, has been released from jail at Pretoria in £10,000 bail OL condition that he remain under constant police surveillance. It is believed his release was due to his illness. Eliza Stephenson, sixty-five years old, died in the hospital at Plainfield, N. J., apparently poverty stricken. She had been working by the day for the past twenty years. On searching her home six notes ranging from $100 to $600 and an account book showing $3,000 on deposit in the Home Savings Bank were found.