First National Bank (Hollidaysburg, PA)

Episode Information

Episode UID
5701164
Episode Type
Run โ†’ Suspension โ†’ Reopening
Bank Type
national
Bank ID
570 national
Charter Number
57
Start Date
December 14, 1896
Location
Hollidaysburg, Pennsylvania (40.427, -78.389)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
f10f00731c4ffe48

Response Measures

Capital injected, Full suspension, Books examined

Description

Branches at Martinsburg and Williamsburg were described as dragged down and did not reopen.

Events (6)

1. August 11, 1863 Chartered
Source
historical_nic
2. June 30, 1882 Chartered
Source
historical_nic
3. December 14, 1896 Run
Cause Details
Heavy withdrawals/depositors' run over prior 30 days culminating in major drain (no specific rumor or scandal identified).
Measures
Board of directors decided to suspend business until further notice.
Newspaper Excerpt
The First National Bank of Hollidaysburg was compelled to suspend business this morning owing to a heavy run made by its depositors.
Source
newspapers
4. December 14, 1896 Suspension
Cause Details
Suspension declared by board because of sustained heavy withdrawals and cash drain.
Newspaper Excerpt
On account of the heavy drain upon this bank for the past thirty days... the Board of Directors have decided to suspend business until further notice.
Source
newspapers
5. January 27, 1897 Reopening
Newspaper Excerpt
The First National Bank of Hollidaysburg... having complied with the conditions imposed by the controller of the currency... has been permitted to reopen its doors for business.
Source
newspapers
6. March 1, 1917 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (21)

Article from Las Vegas Daily Optic, December 14, 1896

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Highest of all in Leavening Strength.-Latest U. S. Gov't Report. Baking Powder ABSOLUTELY PURE Three Banks Suspend. BUSINESS POINTERS. PITTSBURG, Pa., December 14 The First National bank, of Hollidays. Macbeth Water cures stoma burg, suspended business, this morn. troubles. 209 ing, ow ng to the heavy run made by is depositors. This bank was organized in 1863, and was capitalized at Walter Dearden, assayer and chem $50,000 It is one of the oldest naTrinidad, Colo. 187tional banks in the United States. The excitement over the closing of the bank If you want to buy or sell anything has been intensified by the naws that the second-hand goods line call on the Martinsburg Deposit bank, of Mar. Kaufman, third door east of the old to tinsburg, and the Williamsburg bank, 269postoffice of Williamsburg, have also suspended business. These two banks are branches Buy a useful Xmas present for your of the First National bank. a fine steel range, and she will bless The total capital of the three instituevery day in the year: a carving set tions was about $100,000. Officials prevent cruelty to animals; a pair skates to suit young and old; a pock say the suspension is only temporary knife for the boys; a toy steel range and that the three banks, will be rethe girls; a tine razor for hubby, and opened, without financial difficulties, will be happy, likewise. The old to bard ware store, where you can select after the work of re-organization is those presents cheaper than any where e completed. including a guarantee as to quality.


Article from Alexandria Gazette, December 14, 1896

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Bank Failures. HOLLIDAYSBURG, Pa., Dec. 14.The First National Bank of Hollidaysburg was compelled to suspend busi ness this morning owing to a heavy run made by its depositors. The Martinsburg Deposit Bank, of Martinsburg, and the Williamsburg Bank, of Wil liamsburg, have also suspended business. These two banks were branches of the First National Bank and were unincorporated.


Article from The Times, December 15, 1896

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BUSINESS TROUBLES, Three Banks Go Under in Pennsylvania Other Failures. HOLLIDAYSBURG, PA., December 14. -The First National Bank of Hollidays= burg was compelled to suspend business this morning, owing to a heavy run made by depositors. This bank was organized in 1863, was capitalized at $50,000. and is one cf the fifty-seven oldest national banks in the United States. The 101lowing notice was posted on the front of the bank this morning: "On account of a heavy drain upon this bank for the past thirty days, and especially the last two or three days, the Board of Directors have decided to suspend business until further notice." Excitement over the closing of the bank has been intensified by the reception of the news that the Martinsburg Deposit Bank, of Martinsburg. and the Williamsburg Bank, of Williamsburg, also suspended business. These two banks were branches of the First National Bank and were unincorporated EDWARDSVILLE, ILL., Dec. 14.-The banking house of John A. Prickett & Son, of this city, made an assignment to-day. The causes assigned in the notice posted are heavy cash withdrawals during the panic time and the long continued illness of the senior partner. The assets and liabilities are not stated. JACKSON, MISS., Dec. 14.-The DavisEllis Company one of the biggest mercan. tile firms in this part of the State, doing business at Terry and Steen's Creek filed an assignment here to-day. placing assets at $70,000 and liabilities at $40,000. Jackson and Capital State Banks of this city, are preferred for $5,000 and $6,000. respectively. Other, preferred creditors are home people. there being about one hundred mentioned in sums from $800 to $400 each. Low price of cotton and poor collections are given as the reason of the failure. W. H. Barnes and J. W. Grantham are assignees.


Article from The Wilmington Daily Republican, December 16, 1896

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Swindled Depositors Threaten Violence. HOLLIDAYSBURG, Pa., Dec. 16. - The comptroller of the currency has appointed William M. Hardt, of Philadelphia, as a special bank examiner to investigate the causes which led to the suspension of the First National bank of this city, and the conseqnent collapse of the Martinsburg and Williamsburg banks, which, to all intents and purposes, were branches of the local institution. Examiner Hardt took charge yesterday. While the excitement over the closing of the three institutions has died out here, the depositors at Martinsburg are at the highest pitch of indignation, and threaten violence.


Article from Evening Journal, December 16, 1896

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Depositors Threaten Violence. HOLLIDAYSEURG, Pa., Dec. 16.-The comptroller of the currency has appointed William M. Hardt of Philadelphia as a special bank examiner to investigate the causes which led to the suspension of the First National bank of this city and the consequent collapse of the Martinsburg and Williamsburg banks, which to all intents and purposes were branches of the local institution. Examiner Hardt has taken charge. It will not be known for several days whether or not Comptroller Eckels will permit the banks to resume business. While the excitement over the closing of the three institutions has died out here, the depositors at Martinsburg are at the highest pitch of indignation and threaten violence.


Article from The Enterprise, December 16, 1896

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FAILURE OF FOUR BANKS. Three Were in Pennsylvania and the Other in Illinois. HOLLIDAYSBURG, Pa., Dec. 15.-The First National Bank of Hollidaysburg was compelled to close Monday owing to a heavy run made by depositors. This bank was organized in 1863, is capitalized at $50,000 and is one of the 57 oldest national banks in the United States. The excitement over the closing of the First national bank has been intensified by news that the Martinsburg Deposit bank, of Martinsburg, and the Williamsburg bank, of Williamsburg, also suspended business. These two banks were branches of the First national bank and were incorporated. The officials say that the suspension is only temporary and that the three banks will resume business shortly. EDWARDSVILLE, III., Dec. 15.-The banking house of John A. Pickett & Son, of this city, made an assignment Monday. The causes assigned are heavy cash withdrawals during the panic times and the long illness of the senior partner. The assets and liabilities are not stated.


Article from Mineral Point Tribune, December 17, 1896

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NEWS IN A NUTSHELL. McKinley's plurality in California is 1,822. Dingley will probably be etary of the treasury. W. G. Veasey of Vermont, owing to ill health, has sent in his resignation as an interstate commerce, commissioner. C. A. Prouty of Vermont succeeds him. Ernest Chase, drunken son of Dr. Chase of recipe book fame, cut hs wife's and his own throat badly in Detroit ir an attempt at murder and suicide. Both have a good chance to recover. The Holidaysburg (Pa.), First National bank, one of the original 57 national banks in the United States. has suspended. The Martinsburg deposit bank and the Williamsburg were dragged down by it,


Article from The Butler Weekly Times, December 17, 1896

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An Old Bank Suspends. HOLLIDAYSBURG, Pa., Dec. 15.-The First national bank of Hollidaysburg was compelled to suspend business this morning owing to a heavy run made by its depositors. This bank was organized in 1863. is capitalized at $50,000 and is one of the 57 oldest banks in the United States.


Article from The Corvallis Gazette, December 18, 1896

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THREE BANKS SUSPEND. Pennsylvania Institution Goes Down, Taking Smaller Concerns. Hollidaysburg, Pa., Dec. 16.-The First National bank, the oldest in this section of the state, and one of the original fifty-seven national banks of the United States, suspended business this morning. The following notice was posted: "On account of the heavy drain upon this bank during the past thirty days, especially the last two or three days, the board of directors has decided to suspend business until further notice." The First National bank of Hollidaysburg had a capital of $50,000. Banks at Martinsburg and Williams. burg failed as a result of the failure of the Hollidaysburg bank.


Article from The Iola Register, December 18, 1896

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unknown to the guard and through the window of a car and escaped near South McAlester. I. T. THE United States consulate-general in Havana has been putunder a special guard of armed policemen. This precaution was taken by the Spanish authorities owing to the fear that the indignation expressed by Spanish sympathizers against the United States would find vent in an attack upon the consulate. J. W. BENJE and Judge Keys, of Tahlequah, I. T.. have gone to Washington as representatives of the Indians on matters affecting tribal welfare before congress. Mr. Benje said the five civilized tribes were not yet ready for statehood, as a large per cent. of the Indians were too imperfectly advanced in civilization to understand the duties of civilization. AT Detroit, Mich., Ernest Chase, son of Dr. Chase, of recipe book fame, cut his wife's and his own throat badly in an insane attempt at murder and suicide. Physicians think that both have a good chance of recovery. SEVERAL of the Spanish residents of Key West. Fla., attempted on the 14th to celebrate the killing of Gen. Maceo, but the Cubans gathered in ominous crowds and had not the police interfered blood would have been spilled. Mass meetings of Cubans are to be held to ask congress to investigate the manner of Maceo's death and if he was treacherously killed they will demand that the belligerency of the Cubans be recoznized. THE First national bank of Hollidaysburg, Pa., was compelled to suspend business on the 14th owing to a heavy run made by its depositors. The bank was organized in 1863, and was one of the 7oldest banks in the United States. CHARLES D. LANE. chairman of the national bimetallist committee, has issued an address from San Francisco to friends of the cause in which he says that the cause has not been abandoned. but urges the suspension of a 1 agitatation of the subject of free coinage for the rresent. further than by keeping up the club rolls for future service, and thus give their adversaries every opportunity to fulfill their promises to restore prosperity to the country. A "TALL and a short man" entered the barroom of the Hotel Legrand at Chicago early on the morning of the 13th and demanded of the bartender the money in the till and the bartender accidentally knocked over some glasses under the bar which scared the "tall man" and he shot the bartender dead. GEORGE ISAAC. a scientist at Berlin. was experimenting with acetyline gas and he and three assistants were blown to atoms. THE head of the Florida branch of the Cuban junta at Jacksonville has ceived a letter confirming the report of Antonio Maceo's death. It appeared the marquis of Ahumada, acting captain-general in Weyler's absence. invited the insurgent chief to a conference near Punta Brava and Maceo attended with only his staff. when they were surrounded by Spanish soldiers and treacherously killed. ANDREW HART. aged 25, was shot dead at Marshalltown. Ia., by an unknown man who entered the house, presumably, for the purpose of robberv. The murderer escaped, but hundreds of armed citizens with bloodhounds went in pursuit and lynching was probable if the murderer was captured. THE rumor was given wide currency at New York that J. Pierpont Morgan was to manage the Vanderbilt railway properties and Chauncey M. Depew was to be made ambassador to England. THE combination express and mail attached to train No. 103, of the Illinois Central railroad, was burned to the tracks at Trimble, Tenn., and ten pieces of baggage, six fine hunting dogs and 60 mail pouches were consumed. It was caused by the overturning of a lamp. THE Richmond (Va.) chamber of commerce recently adopted resolutions favoring the creation by congress of a department of commerce. THE Cleveland, 0., delegates to the annual convention of the American Federation of Labor will use their influence toward the defeat of the reelection of the president, Samuel Gompers. The cause given is that Mr. Gompers is too conservative, whereas occasions often arise calling for aggressive action. A JURY returned a verdict at Metropolis, Ill., on the 11th in the case of John Lemley, Bart Lynn and Ed Lynn. on trial for the murder of Ben Ladd last May, finding them guilty and fixing their terms in the penitentiary at 99. 20 and 14 years respectively. THE steamship Salier. with 214 passengers and a crew of 78 men was sunk in a recent gale off the coast of Spain and all on board perished. THE safe of H. & A. Haas at Atoka. I. T., was cracked by burglars recently and they secured 25 copper cents for their trouble. A SPECIAL from Canton, O., on the 10th said that Senator Allison, of Ia., would be secretary of state in McKinlev's cabinet. THE little town of Chester. Ark., hus


Article from The American Guide, December 19, 1896

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tained and the adjourned. PERSONAL AND GENERAL. organized COMPANY is being of the Ohio naA O., of members service in Cuba. RoToledo, for St. Agnes' tional guard occurred in in Pittsburgh, A PANIC Catholic church by the burstman Pa., on the steam 13th, pipe. caused but fortunately ing of was a injured. started on an- on no one CLEVELA expedition the PRESIDENT shooting will be 13th. the Annandale other the of duck This time Carolina. he club, Several on An- its guest in South visited the preserves the president given public but nandale years ago club and this time was he will avoid late reception, of that honor. his fiance, repetition OVER the grave of at Toledo, aged O. member Calvary Edmund cemetery. E. Wright, Toledo in on the 13th. of a prominent suicide. After the 20, family. a a committed bunch sent of a flowers bullet into on his toinb placing heart, Wright dying almost B. instantly. COOPER, States famed MRS. SARAH entire United zeal in works throughout her the untiring Miss Hatbecause of and her daughter. dead in bed on at of charity, were found Francisco, tie Cooper. in San both having their residence of the 11th, gas. All evithe morning asphyxiated by that Miss melancholia, Cooper. arose dence been tends to from show acute had fallen andwith ho suffered after her suicidal mother intent. turned asleep. on the gas. 12th the banks of New York rule. plague in from requirements been of the two 25-per-cent. London. fatal Bombay. cases The of the bubonic was imported many deaths resi- and general disease where it has panic caused among the native that says dents. WASHINGTON with dispatch Great Britain cover- for A negotiations of arbitration between the treaty English-speak.comple- difference naing the goods all two great advanced almost to Ill., tion. tions HON. have TRAVIS for PHILLIPS, Los had of Aurora Cal. to left ns far spend recently the as Reno. winter. taken Nev. from and when the he train, became and III and few was hours later. Hart. a Ia., pioneer was died a BON of George county. the mornA of Marshakilled. on whom he and the 13th. by house a and ing discovered with. farmer shot of instantly in the burglar of grappled Chicago the the Chinese, residents Confucius of on THE a temple to Foo. editor priest. opened Wong Chin as high Chinese an address for the 13th, Chimade 11e News, the Celestials neting outlining correspond con- the version plans of , Chicago. with a on the he IN an interview Madrid newspaper der stated that to for a Weyler in order ent Capt.-Gen. to Havana are Hocking had 13th, returned rebels who the Havana the sendisperse the province has of sent to Chas. terstate into THE followingermant. president nominations: to an vice inate the of commissioner. Lieu A. Proutty. commerce Second Massa G. Vensoy, resigned: H. Dimock, lieutenant of in the W. Frank first Also long service. navy, chusetts, tenant cutter to be in congress. the made 14th, list of recess of on the during the insane rage, Detroit, Mich., wife. IN a L. Chase. throat of throat 38, cut then cut wounding his 32, and car. fatally was aged aged Ernest eart fit of the of Times own G. his both. Conn purfrom Washington from John 11. on Hutchins. Oberly, placed in bank suspended chased, by Stil formerly THE the national 15th. charge. Indian 14th, Hon. commission- of Holli- made THE First Pa. on the heavy run to a The bank was at its 1863. oldest and is United ganized daysburowing business by in one of the capitalized States. well-known national $50. or in BUTLER, who 000, banks the had York been HENRY P. clubman. in New 14th. lawyer from and his home on the from an missing city was four found days. to returned be suffering will be need down attack He Iris said of grip. 50,000 the soldiers w insurrection in Capt. the ed to put Philippine st islandsomes schooner crew Edith. of 30 days men THE steam with a the 15th. nine from the fears aboard, Edwards, was. Tacom Fecate on Wash. sound. mis and hap had overdue Halibut banks at enter off tained her owing that some to the seTeleUnion on vere storms. in the building Western at Evansville, Frondrach graph FIRE Co.'s the dumaged of whose the Union factory not to any Bros.. Ind., occupies cigar the The top Western extent


Article from The Globe-Republican, December 24, 1896

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senate. The Newark and Raleigh failed to overhaul the steamer Three Friends. A plot to break out of the Macon, Mo., jail was discovered and frustrated. The American Federation of Labor adopted stirring resolutions of sympathy for Cuba, and called upon Congress to recognize the Cubans. The French chamber of deputies passed the naval bill. A motion to reduce the term of military service to one year was defeated. The house passed the Atlantic and Pacific railway reorganization bill. The nomination of John H. Rogers to be judge for the Western district of Arkansas has been confirmed. J. S. Schofield of Albuquerque, N. M., has been appointed by the comptroller of the currency receiver of the Union National bank of Denver, Col. General Weyler, according to advices from Madrid. may be recalled soon and General Marin may succeed him. John Winston won the Dupont trophy and the live-bird championship of America. Dr. J. L. Williamson shot 191 out of a possible 200 live birds at Milwaukee, breaking the world's record. Hamburg dockers have lost their strike and returned to work. Ed Reed, desperate son of Belle Starr, was killed in a saloon at Claremore, Ind. Ter. Black envelopes. addressed in white ink, to carry bad bills, have been shut out of the mails. Alexander Salvini, the noted young actor, died in Italy, from consumption of the bov els. Nearly all the battle ship steel in the Newport News Ship Building Company's yards is faulty and may be condemned. Employes of the Illinois Central are taking stock in the road and it is believed this will prevent strikes in future. Patrick Coughlin was executed by shooting in Sage Hollow, Utah, for killing Deputy Sheriffs Staggs and Dawes in 1895. Some of the ministers of St. Louis have declared war against the South Side race track. and declare that they will not stop until it is closed. Ernst Chase, son of Dr. Chase of receipt book fame, cut his wife's and his own throat badly in an insane attempt at murder and suicide at Detroit. Vote of California for Presidential electors has been tabulated and shows the following totals: Republicans, 146.588; fusion, 144,766; Prohibition, 2,573. John Seward and William Trustee, the witnesses who perjured themselves in the Pearl Bryan case. were given two and one years respectively in the Kentucky "pen." Edward Clark and wife, mother and stepfather of Mary Stewart, who poisoned her husband, John P. Stewart, have been pardoned out of the Montana "pen," having been convicted on perjured evidence of their daughter. who later confessed and committed suicide. Enlisting in the United States for Cuban service is unlawful and is severely punishable. Washington officials have given out a hint that the law will be enforced. London Times makes several cracks at Senator Chandler for his off-hand recognition of Cub : says Uncle Sam's attitude is incorrect. dthe jingo senators should only provoke smiles in Spain The United States consulate in Havana is guarded because of fear of an attack by Spaniards. The last letter received by the New York junta from General Maceo recommended Ruiz Rivera as his successor in case of his death. The Republicans, it is claimed, expect to annex Hawaii at the next session. Senator Peffer introduced a resolution providing for a monetary commission of five members. For the last fiscal year the total receipts of the government were $400.475,408; expenditures $434,678,654. The House ways and means committee decided to open hearings December 28 on the extra session tariff bill and to continue them two weeks. Two Paris aeronauts intend to make an attempt to reach the North Pole in a balloon. First National bank, Holidaysburg, Pa.. failed, dragging down with it banks at Martinsburg and Williamsburg. Bessemer Steel pool will continue the organization with an open market, and make war on the recalcitrant Bellaire company. Fifty thousand Armenian children under 13 years of age were made orphans by the massacres.


Article from The Cape Girardeau Democrat, December 26, 1896

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A SON of George Hart, a pioneer farmer of Marshall county, Ia., was shot and instantly killed, on the morning of the 13th, by a burglar whom he discovered in the house and grappled with. THE Chinese residents of Chicago opened a temple to Confucius on the 13th, Wong Chin Foo, editor of the Chinese News, acting as high priest. He made an address outlining the plans of the Celestials for the conversion of Chicago. IN an interview with a correspondent for a Madrid newspaper, on the 13th, Capt.-Gen. Weyler stated that he had returned to Havana in order to disperse the rebels who are flocking into the province of Havana. THE president has sent to the senate the following nominations: Chas. A. Proutty, of Vermont, to be an interstate commerce commissioner, vice W. G. Veasey, resigned; Second Lieutenant Frank H. Dimock, of Massachusetts, to be first lieutenant in the revenue cutter service. Also a long list of promotions in the navy, made during the recess of congress. IN a fit of insane rage, on the 14th, Ernest L. Chase, of Detroit, Mich., aged 38, cut the throat of his wife, aged 32, and then cut his own throat from ear to ear, fatally wounding both. THE Washington Times was purchased, on the 15th, from C. G. Conn by Stilson Hutchins. Hon. John H. Oberly, formerly Indian commissioner, was placed in charge. THE First national bank of Hollidaysburg, Pa., on the 14th, suspended business owing to a heavy run made by its depositors. The bank was organized in 1863, is capitalized at $50.00 000, and is one of the oldest national banks in the United States. HENRY P. BUTLER, a well-known lawyer and clubman, who had been missing from his home in New York city four days, returned on the 14th. He was found to be suffering from an attack of grip. THE steam schooner Edith. Capt. Edwards, with a crew of 30 men aboard, was, on the 15th, nine days overdue at Tacoma, Wash., from the Halibut banks off Hecate sound, and fears were entertained that some mishap had befallen her owing to the severe storms. FIRE in the Western Union Telegraph Co.'s building at Evansville, Ind., on the 15th, damaged Frondrach Bros., cigar manufacturers, whose factory occupies the top floor of the building, $5,000. The Western Union office was not damaged to any extent. THE Frer ch coasting steamer Marie Fanny was lost off the island of Alderney, in the British channel, on the 15th, and her crew of 14 men were drowned. THE lumbermen of the United States met in convention in Cincinnati on the 15th. FIGHTING is reported west of the trocha in Pinar del Rio, Cuba, where the insurgents, under Maceo's successor, Gen. Ruis Rivera. have taken the field against the Spanish forces left there by Gen. Weyler. No details have been received yet, but 50 wounded soldiers arrived at Havana, on the 15th, from the neighborhood of Artemisa. IT was stated in Havana, on the 15th, that Gen. Weyler had called in some of the troops stationed outside of the city, fearing an attack byGen. Gomez, who was reported to be moving eastward with a large force, well armed and provisioned. The insurgents had already occupied several small towns held by the Spaniards in the eastern part of the province of Havana. THE London Globe of the 15th said that important negotiations were pro-


Article from The Indianapolis Journal, January 6, 1897

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Other Business Troubles. CHICAGO, Jan. 5.-Upon an intervening petition and information filed by Attorney General Maurice T. Moloney, Judge Payne this evening appointed George Shilling. Dr. George Emerick and Paul O. Stensland receivers of the International Building, Loan and Investment Union, fixing their bonds at $100,000 each. These are the same receivers appointed by Judge Payne last Saturday. Under the information and petition filed to-day by the attorney general the newly appointed receivers are to dissolve the union, settle up all its affairs and gradually work it out of existence. HOLLIDAYSBURG. Pa., Jan. 5.-Assurances were to-day given to the depositors of the First National Bank of Hollidaysburg and the Martinsburg Deposit Bank, which closed their doors three weeks ago, that both would be able to resume business in a few days. The Williamsburg bank, which went down in the crash. is said to be a hopeless wreck, and its affairs will be settled up by an assignee. TOLEDO, Jan. 5.-A dispatch sent out from Albany, N. Y., stated that the Milburn Wagon Company had gone into the hands of a receiver. The statement is an error. The Milburn company is located here and is in excellent financial condition. The firm which went into receivership was an Albany house. which acted as local agent for the Milburns. SEDALIA. Mo., Jan. 5.-The Van Wagener-Hanney Shoe Company, the oldest and largest house in the city, closed its doors this morning on a deed of trust. John Montgomery. jr., is trustee. The failure is a bad one, but the amount of assets and liabilities are not given.


Article from Evening Star, January 27, 1897

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Reopened for Business. The First National Bank of Hollidaysburg, Pa., which suspended payment December 14, 1896, having complied with the conditions imposed by the controller of the currency, and its capital stock being now unimpaired, has been permitted to reopen its doors for business.


Article from The Wilmington Daily Republican, January 27, 1897

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Broken Hollidaysburg Bank Resumes. HOLMIDAYSBURG, Pa. Jan. 27.-National Bank Examiner Bingham, of Philadelphia, acting under the direction of the comptroller of the currency, will today transfer the broken First National bank of Hollidaysburg to the new organization, which will open the bank with 100 per cent. of new capital. Prothonotary J. L. Hartman will be president and J. G. Swope, of Mt. Pleasant, Pa., cashier. This bank was closed by a run on Dec. 14. The Martinsburg Deposit bank and the Willlamsburg bank, which were branches, will not resume.


Article from Birmingham State Herald, January 28, 1897

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PERMITTED TO RE-OPEN. Washington, Jan. 27.-Two national banks which recently failed, have been permitted to reopen their doors for business after satisfying the comptroller of the currency that they have complied with all conditions imposed by him. They are the First National bank of Hollodaysburg, Pa., which suspended Dec. 14, 1896, and the Merchants' and Planter's National bank of Bryan, Tex., which suspended Dec. 23, 1896.


Article from The Roanoke Times, January 28, 1897

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TWO BANKS RESUME. Washington, Jan. 27.-Two national banks which recently failed have been. permitted to reopen their doors for business after testifying to the comptroller of the currency that they have complied with all regulations imposed by him. They are the First National Bank of Hollidaysburg, Pa., which suspended December 14, 1896, and the Merchants' and Planters' National Bank, of Bryan, Texas, which suspended December 23, 1896.


Article from The Indianapolis Journal, January 28, 1897

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General Notes. WASHINGTON Jan. 27.-To-day's statement of the condition of the treasury shows: Available cash balance, $229,920,399; gold reserve, $143,889,380. The First National Bank of Hollidaysburg, Pa., which suspended payment Dec. 14, 1896, having complied with the conditions imposed by the controller of the currency, and its capital stock being now unimpaired, has been permitted to reopen its doors for business. Captain Glass, of the Texas, has notified Secretary Herbert that his ship will be ready to go to sea on the 8th of February, which will give her a week to reach Galveston, where she is to receive a silver service from the citizens of Texas. The House committee on labor to-day authorized a favorable report on a bill to prohibit the employment of prison labor on government buildings.


Article from The Cambria Freeman, January 29, 1897

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-Dr. John Isenberg, a prominent dentist, died suddenly at his home in Altoona on Friday morning. aged fifty-six years He had resided in Altoona for thirty-five years. His wife and three children survive. One son-George L.-is a passenger brakeman on the Pittsburg division of the Pennsylvania railroad. -The officers of the First National bank of Hollidaysburg, expect that the bank will resume business on Tuesday. January 27. All the claims will be paid in full and the capital of the bank restored to its legal amount. This was the information received by Comptroller Eckles, from the receiver who has been in charge of the affairs of the bank since it closed its doors in December. -The secretary of the commonwealth recently addressed the attorney general's department, asking whether the tenth section of the Act of June 10, 1893. which regulates the nomination and election of public officers, as amended by the Act of June 26, 1895, (P. L. 392,) requires a sheriff to nave a "fac-simile" of the official ballot published as part of the general election proclamation. Deputy-Attorney-General Elkin to-day stated that only the officers need be enumerated, and no "fac-simile" ballot is required. -Here is an item for the farm boys, from the Germantown Telegraph: The statement was made in one of the daily papers recently that, according to the testimony of real estate dealers in the interior of the state, there is a very decided increase in the demand for farms and that the demand comes largely from those who have moved into the cities years ago. If this be true, it is an encouraging item of news. Out of ten who leave the farm to make their way in the city eight would certainly have done better had they remained at home. -Mr. Robert Brooks, a civil engineer in the employ of the Pennsylvania railroad, and well and favorable known in Ebensburg, where he resided during the building of the Blacklick railroad, died at Lilly on Wednesday morning from pneumonia after a short illness. The deceased was married on the 21st day of October last to Miss Margaret Dunegan, daughter of E. R. Dunegan, Esq.. of St. Augustine, and since that time the young couple have made their residence at Lilly where Mr. Brooks was employed on the new railroad work at that place. -A fire broke out in a dwelling house owned by the Elk Tanning company at Curwensville, on Tuesday evening, occupied by Moses Watson aud John Webb, both colored with their families. Mrs. Webb had gone to the store and left her four children in the house, their ages being six, four, and two years. and a baby. All were burned to death. The fireman did effective work, and when the fire was quenched a search was made for the bodies. They werefound, but were burned almost beyond recognition. The origin of the fire is unknown. It is the firstinstance in that village in which human life has been lost by fire.


Article from The Cambria Freeman, January 29, 1897

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Hollidaysburg Bank Starts Up. HOLLIDAYSBURG, Pa., Jan. 27.-National Bank Examiner Bingham of Philadelphia today transferred the broken First National bank of Hollidaysburg to the new organization, which opened the bank with 100 per cent of new capital. Prothonotary J. T. Hartman will be president and J.G. Swope of Mt. Pleasant, Pa., cashier. This bank was closed by a run on Dec. 14. The Martinsburg Deposit bank and the Williamsburg bank, which were branches, will not reopen.