Article Text
Indiana Bank Failure. CONNERSVILLE, Feb. 6.-The Citizens' bank, owned by ox-United States Treasurer Huston. assigned Wednesday moraing. The statement to the public says that all deposits will be paid in full in times mouthed
5533. Citizens' bank (Connersville, IN)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- February 5, 1896
- Location
- Connersville, Indiana (39.641, -85.141)
Metadata
- Model
- gpt-5-mini
- Short Digest
3c3c96e2
Response Measures
None
Description
Multiple contemporary reports (dated Feb 5/6, 1896) state the Citizens' bank at Connersville 'assigned' and a receiver was appointed; depositors to be paid in full. OCR variants of the owner's name appear (Huston / Husted / Houston) — owner is ex‑U.S. Treasurer J. N. Huston (reported variously). No article describes a prior depositor run; the bank was assigned/placed in receivership and appears to close.
Events (2)
1.
February 5, 1896
Receivership
- Newspaper Excerpt
- The Citizens' bank, owned by ex-United States Treasurer J. N. Huston, assigned this morning. All the depositors will be paid in full.
- Source
- newspapers
2.
February 5, 1896
Suspension
- Cause
- Bank Specific Adverse Info
- Cause Details
- Bank 'assigned' (failure/insolvency) and placed in receivership; statement promises depositors will be paid in full over time.
- Newspaper Excerpt
- The Citizens' bank ... assigned this morning. The statement to the public is that all deposits will be paid in full in three months.
- Source
- newspapers
Newspaper Articles (6)
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Article Text
Ex-Treasurer Huston's Bank Fails. Connorsville, Ind., Feb. 5.-The Citizens' bank, owned by ex-United States Treasurer J. N. Huston, assigned this morning. All the depositors will be paid in full.
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Article Text
BRIEF TELEGRAMS. Chicago, Feb. 5.-After an illness of nearly a month Dr. Justin A. Smith, editor of the Standard, died last evening. Dr. Smith was 76 years old and for almost two-thirds of his life served as editor of the leading Baptist denominational paper in the West. London, Feb. 5.-The press association announces the Scotch oil combine has completely dissolved with heavy losses to investors and the Standard oil company is again master of the situation. Rome, Feb. 5.-Rev. Father Hoban has been appointed bishop of Scranton, Pa. Connersville, Ind., Feb. 5.-The Citizens' bank, owned by ex-United States Treasurer Husted, assigned this morning. It is stated that all depositors will be paid in full.
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Article Text
TELEGRAPHIC TICKS. The Rev. Father Hoban has been appointed bishop of Scranton, Pa. The Citizens' bank at Connellsville, Ind., owned by ex-United States Treasurer Houston, has assigned. The president has sent to the senate the appointment of Charles F. Terhune to be postmaster at Binghamton, N. Y. The steamer Yumuri, which has arrived from Havana, brought $1,000,000 in gold coin for Lazard Freres of New York. Dr. Baxter T. Smeltzer, secretary of the New York state board of health, has gone to Eimira, where there is an epidemic of typhoid fever. The Elm street system of street railways in Dallas, was sold at receiver's sale to George W. Davenport of Boston, representing eastern capitalists, for $100,000. Harry J. Sargent, formerly a theatrical manager, who was at one time connected with dramatic ventures in the United States, died in extreme penury in London. Lady Jane Francesca Speranza Wilde, widow of Sir William Robert Wills Wilde, M. D., surgeon oculist to her majesty in Ireland, and mother of Oscar Wilde, is dead.
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Article Text
Made an Assignment. Connorsville, Ind., Feb. 5.-The Citizens' bank, owned by ex-United States Senator Huston, assigned this morning. The statement to the public is that all deposits will be paid in full in three months.
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Article Text
BANK FAILURE. Connersville, Ind., Feb. 5.-The Citizens' bank, owned by ex-United States Treasurer Husted. assigned this morning. It is stated that all deposits will be paid in full.