Wanatah Bank (Wanatah, IN)

Episode Information

Episode UID
5736831091223
Episode Type
Run → Suspension → Closure
Bank Type
private
Bank ID
573683109 hash
Start Date
November 1, 1901*
Location
Wanatah, Indiana (41.431, -86.898)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
007d7c60677e1833

Response Measures

None

Description

Run precipitated by an attempted vault robbery; bank placed in liquidation with trustees named.

Events (3)
1. November 1, 1901* Run
Cause Details
Attempted robbery of the vault frightened depositors and triggered withdrawals.
Measures
None before suspension; subsequently owner transferred assets to trustees to satisfy depositors and creditors.
Newspaper Excerpt
an attempt made two weeks ago to rob the vault ... this frightened many of the depositors, resulting in a run on the bank
Source
newspapers
2. December 12, 1901 Receivership
Newspaper Excerpt
transferred all his real and personal property ... to August Grieger and Clayton Osborne as trustees, to be disposed of to satisfy the creditors and depositors. Bank in liquidation.
Source
newspapers
3. December 12, 1901 Suspension
Cause Details
Suspension was the result of depletion of cash following the depositor run triggered by attempted robbery.
Newspaper Excerpt
has suspended business ... caused a run on the institution, which today resulted in its suspension
Source
newspapers

Newspaper Articles (7)
1. December 13, 1901 The Indianapolis Journal Indianapolis, IN
Article from The Indianapolis Journal, December 13, 1901

Click image to open full size in new tab

Article Text

BANK IN LIQUIDATION. Institution at Wanatah Succumbs to a Run by the Depositors. Special to the Indianapolis Journal. LAPORTE, Ind., Dec. 12.-The Wanatah Bank, located at Wanatah, Laporte county, and owned by Julius Conitz, a prominent resident of the county, has suspended business. Two weeks ago an unsuccessful attempt was made to rob the vault, and this frightened many of the depositors, resulting in a run on the bank, which used up all the available cash. Mr. Conitz, being unable to realize quickly on his assets, transferred all his real and personal property, including the bank, three farms, his residence and $40,000 worth of stock of the Eastern & Northwestern Railroad Company, which is constructing a line between Toledo, O., and St. Joseph, Mich., the whole amounting to $91,000, to August Grieger and Clayton Osborne as trustees, to be disposed of to satisfy the creditors and depositors. The liabilities are one-third of the assets, being $29,100. The only correspondent of the bank is the First National Bank of Chicago.

2. December 13, 1901 Rock Island Argus Rock Island, IL
Article from Rock Island Argus, December 13, 1901

Click image to open full size in new tab

Article Text

NEWS IN OUTLINE. For three months Frank B. Wood. of Elgin, Ills., has been missing, and his absence is now causing alarm. It is said that the brigands who have Miss Stone in captivity are afraid she will convert them to Christianity. Eight men have been arrested at Toledo. O., on the charge of being implicated in a postoffice robbery at Milligan, Mich. A fierce gale is sweeping the English and Irish channels. The Wanatah bank. at Wanatah, Ind., has suspended. All creditors will be paid in full. Governor Sayres has apopinted fifty well-known citizens of Texas as commissioners to the St. Louis fair General Funston will sail for the United States from Manila on Dec. 16. He comès home on sick leave. W. G. Patton, traveling representative of a Chicago telephone firm. committed suicide in his hotel at Piqua, O. Cause unknown. President Roosevelt yesterday re. viewed the annual parade of the Washington police and fire departments. John Schueltz, a Chicago man. 72 years old. has married Miss Emma 3. Hitchcock, twenty years his junior. In trying to obtain an education at Washington State university and at the same time support a family Henry Demond starved to death. After kililng a dog in Summerdale (Chicago suburb) a bullet from a policeman's weapon rebounded from the sidewalk and pierced his left hand.

3. December 13, 1901 The Saint Paul Globe Saint Paul, MN
Article from The Saint Paul Globe, December 13, 1901

Click image to open full size in new tab

Article Text

Queer Cause for Suspension. LAPORTE, Ind., Dec. 12.-An attempt made two weeks ago to rob the Wanatah bank of Wanatah, Laporte county, owned by Julius Conitz, caused a run on the institution, which today resulted in its suspension. The assets are $91,000 and the liabilities $29,100. The depositors and creditors will be paid in full.

4. December 19, 1901 Cameron County Press Emporium, PA
Article from Cameron County Press, December 19, 1901

Click image to open full size in new tab

Article Text

Indiana Bank Suspends. Laporte, Ind., Dec. 13.-An attempt made two weeks ago to rob the Wanatah bank, of Wanatah, Laporte county, owned by Julius Conitz, caused a run on the institution, which has resulted in its suspension. The assets are $91,000, of which $40,000 is in the stock of the Eastern & Northwestern Railway Co., which is constructing a line between Toledo, O., and Benton Harbor, Mich. Depositors and creditors will be paid in full.

5. December 20, 1901 Perrysburg Journal Perrysburg, OH
Article from Perrysburg Journal, December 20, 1901

Click image to open full size in new tab

Article Text

DOMESTIC. It is announced at New York that Dr. Nicholas Murray Butler will succeed Seth Low as president of Columbia university. The Omaha Loan & Trust company has gone into the hands of a receiver with liabilities of $5,000,000. Ewald Eichorn, a farmer near Duquoin, Ia., was blindfolded, bound hand and foot and beaten to death by robbers. A confidence man at the Houston (Tex.) carnival killed two policemen who sought to arrest him, and was in turn slain. Mme. Nordica has taken steps to a claim against the governprosecute $4,000,000 which anment for of an cestor was despoiled by French privateers. Fire destroyed a block of business houses, 17 in number, at Sweetwater, Tex. The state department is planning to send young men to China to study the language and act as interpreters for consuls. Henry Demond, a student at the state university in Tacoma, Wash., starved to death while seeking an education. The Pennsylvania Railway company will build a tunnel under the Hudson river to secure entrance to New York. The Red Cross society at its annual meeting in Washington reelected Miss Clara Barton president. The bonds of George B. Cortelyou and Judge William R. Hay as adminof the estate of istrators the late Pres- filed ident William McKinley have been at Canton, O. E.L. Powell, of Wilson, N. C., manager of the brokerage business of Murphy & Co., of New York, is said to be short $40,000. Special Commissioner Rockhill's reon the results conwith the Chinese port nection of his negotoations work to in in Peking has been submitted congress. Gen. Arthur MacArthur has Maj. ordered Denver to been to assume command of the department of Colorado. The eighty-third anniversary of the admission of Illinois into the union as a state was celebrated in Springfield. The Wanatah (Ind.) bank closed its doors with liabilities of $29,000. Depositors will be paid in full. The corn crop of Illinois this year was 183,792,200 bushels, the smallest since 1890. William B. Leeds. of New York, has been elected president of the Chicago, Rock Island & Pacific railroad. Three children of Tunis Pons were drowned at Pompton Lake, N. J. while skating. The president has reappointed Interstate Commerce Commissioner Charles A. Prouty, of Vermont. Seven men have been arrested at Toledo, O., charged with robbing Ohio post offices. Near Kokomo, Ind., a train struck a wagon load of young people and one was killed and three seriously injured. offices of the have tendered to The been good Argentina United States and Chili to adjust their quarrel about frontiers and fortifications along the straits of Magellan. William Allen (colored) was hanged at Uniontown, Pa., for murdering Hiram McMillan. The twenty-first annual meeting of the National Civil Service Reform league began in Boston. Miss Emma King, of Brooklyn, N.Y., who permitted herself to be inoculated with bovine tuberculosis germs, developed the disease. The exchanges at the leading clearing houses in the United States 13th during the seven days ended on the aggregated $2,402,831,892. against The $2,478, in 161,606 the previous week. crease compared with the correspond ing week of last year was 19.2. After a sleep of five weeks James A Harris died in Peoria, Ill., aged 67 years.

6. December 20, 1901 The Ely Miner Ely, MN
Article from The Ely Miner, December 20, 1901

Click image to open full size in new tab

Article Text

Charles Stokes, arrested in New York with $2,000 worth of stamps on his person, is believed to be one of the robbers of the Chicago post office. The president has nominated C. H. Darling, of Vermont, for assistant secretary of the navy. The national capital has another crime mystery in a fatal assault upon Mrs. Gilbert, a fashionable dressmaker. The Federation of Labor convention at Scranton, Pa., adopted a resolution declaring for Chinese exclusion. It is announced at New York that Dr. Nicholas Murray Butler will succeed Seth Low as president of Columbia university. The main building of the Worcester (0.) university has been burned, causing a loss of $250,000. The Omaha Loan & Trust company has gone into the hands of a receiver with liabilities of $5,000,000. Ewald Eichorn, a farmer near Duquoin, Ia., was blindfolded, bound hand and foot and beaten to death by robbers. A confidence man at the Houston (Tex.) carnival killed two policemen who sought to arrest him, and was in turn slain. Mme. Nordica has taken steps to prosecute a claim against the government for $4,000,000 of which an ancestor was despoiled by French privateers. Fire destroyed a block of business houses, 17 in number, at Sweetwater, Tex. The state department is planning to send young men to China to study the language and act as interpreters for consuls. Henry Demond, a student at the state university in Tacoma, Wash., starved to death while seeking an education. The Pennsylvania Railway company will build a tunnel under the Hudson river to secure entrance to New York. The Red Cross society at its annual meeting in Washington reelected Miss Clara Barton president. The bonds of George B. Cortelyou and Judge William R. Hay as administrators of the estate of the late President William McKinley have been filed at Canton, O. E. L. Powell, of Wilson, N. C., manager of the brokerage business of Murphy & Co., of New York, is said to be short $40,000. Special Commissioner Rockhill's report on the results of his work in connection with the Chinese negotoations in Peking has been submitted to congress. Maj. Gen. Arthur MacArthur has been ordered to Denver to assume command of the department of Colorado. The eighty-third anniversary of the admission of Illinois into the union as a state was celebrated in Springfield. The Wanatah (Ind.) bank closed its doors with liabilities of $29,000. Depositors will be paid in full. The corn crop of Illinois this year was 183,792,200 bushels, the smallest since 1890. William B. Leeds, of New York, has been elected president of the Chicago, Rock Island & Pacific railroad. Three children of Tunis Pons were drowned at Pompton Lake, N. J. while skating. The president has reappointed Interstate Commerce Commissioner Charles A. Prouty, of Vermont. Seven men have been arrested at Toledo, O., charged with robbing Ohio post offices. Near Kokomo, Ind., a train struck a wagon load of young people and one was killed and three seriously injured. The good offices of the United States have been tendered to Argentina and Chili to adjust their quarrel about frontiers and fortifications along the straits of Magellan. William Allen (colored) was hanged at Uniontown, Pa., for murdering Hiram McMillan. The twenty-first annual meeting of the National Civil Service Reform league began in Boston. Miss Emma King, of Brooklyn, N.Y., who permitted herself to be inoculated

7. December 21, 1901 The L'anse Sentinel L'anse, MI
Article from The L'anse Sentinel, December 21, 1901

Click image to open full size in new tab

Article Text

Charles Stokes, arrested in New York with. $2,000 worth of stamps on his person, is believed to be one of the robbers of the Chicago post office. The president has nominated C. H. Darling, of Vermont, for assistant secretary of the navy. The national capital has another crime mystery in a fatal assault upon Mrs. Gilbert, a fashionable dressmaker. The Federation of Labor convention at Seranton, Pa., adopted a resolution declaring for Chinese exclusion. It is announced at New York that Dr. Nicholas Murray Butler will succeed Seth Low as president of Columbia university. The main building of the Worcester (O.) university has been burned, causing a loss of $250,000. The Omaha Loan & Trust company has gone into the hands of a receiver with liabilities of $5,000,000. Ewald Eichorn, a farmer near Duquoin, Ia., was blindfolded, bound hand and foot and beaten to death by robbers. A confidence man at the Houston (Tex.) carnival killed two policemen who sought to arrest him, and was in turn slain. Mme. Nordica has taken steps to prosecute a claim against the government for $4,000,000 of which an ancestor was despoiled by French privateers. Fire destroyed a block of business houses, 17 in number, at Sweetwater, Tex. The state department is planning to send young men to China to study the language and act as interpreters for consuls. Henry Demond, a student at the state university in Tacoma, Wash. starved to death while seeking an education. The Pennsylvania Railway company will build a tunnel under the Hudson river to secure entrance to New York. The Red Cross society at its annua meeting in Washington reelected Miss Clara Barton president. The bonds of George B. Cortelyou and Judge William R. Hay as administrators of the estate of the late Pres ident William McKinley have been filed at Canton, O. E. L. Powell, of Wilson, N. C., manager of the brokerage business of Murphy & Co., of New York, is said to be short $40,000. Special Commissioner Rockhill's report on the results of his work in connection with the Chinese negotoations in Peking has been submitted to congress. Maj. Gen. Arthur MacArthur has been ordered to Denver to assume command of the department of Colorado. The eighty-third anniversary of the admission of Illinois into the union as a state was celebrated in Springfield. The Wanatah (Ind.) bank closed its doors with liabilities of $29,000. De positors will be paid in full. The corn erop of Illinois this year was 183,792,200 bushels, the smallest since 1890. William B. Leeds, of New York, has been elected president of the Chicago, Rock Island & Pacific railroad. Three children of Tunis Pons were drowned at Pompton Lake, N. J. while skating. The president has reappointed Interstate Commerce Commissioner Charles A. Prouty, of Vermont. Seven men have been arrested at Toledo, O., charged with robbing Ohio post offices. Near Kokomo, Ind., a train struck a wagon load of young people and one was killed and three seriously injured. The good offices of the United States have been tendered to Argentina and Chili to adjust their quarrel about frontiers and fortifications along the straits of Magellan. William Allen (colored) was hanged at Uniontown, Pa., for murdering Hiram McMillan. The twenty-first annual meeting of