Fayette County Bank - Connersville, IN

Bank Information

Episode Type: Run Only
Bank Type: state
Start Date: May 11, 1855
Location: Connersville, Indiana (39.641, -85.141)

Metadata

Model: gpt-5-mini
Short Digest: 33fe411b

Response Measures

Accommodated withdrawals

Description

Article (1855-05-25) reports that A. B. Conwell & Sons withdrew about $13,000 intending to force a suspension, but the bank met the demand and resumed business the next morning. No suspension or receivership followed — temporary closing at 3 PM then resumption is mentioned but not a formal suspension.

Events (1)

1. May 11, 1855 Run

Cause Details: A. B. Conwell & Sons withdrew about $13,000 in an attempt to force the bank to suspend operations (an organized attack/pressure), but the bank met demands.
Measures: Bank ceased business at 3 PM and resumed the next morning at the usual hour.
Newspaper Excerpt: They had gathered together some $13000, with intent to make the Bank suspend, but they found it fully able to meet the demand. The Conwells affect to complain because the bank ceased to do business at 3 P. M., and resumed the next morning at the usual hour.
Source: newspapers

Newspaper Articles (1)

1. May 25, 1855 Indiana American Brookville, Indianapolis, IN

Article from Indiana American, May 25, 1855

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Article Text

A. B. Conwell & Sons payed a deserved compliment to the Fayette County Bank, about two weeks ago, in a card in the Conuersville Telegraph. They had gathered together some $13000, with intent to make the Bank suspend, but they found it fully able to meet the demand. The Conwells affect to complain because the bank ceased to do business at 3 P. M., and resumed the next morning at the usual hour. But this comes with a poor grace from a man who suspended at 3 one day and never resumed.