First National Bank - Marion, IN

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 4189
Charter Number: 4189
Start Date: December 28, 1898
Location: Marion, Indiana (40.550, -85.659)

Metadata

Model: gpt-5-mini
Short Digest: 48b38a98

Response Measures

None

Description

Article (Dec 28, 1898) reports a receiver (W. E. Hogin) being served in connection with bankruptcy proceedings; no explicit run mentioned. Receiver implies the bank was closed/placed in receivership, so classified as suspension leading to closure.

Events (1)

1. December 28, 1898 Receivership

Newspaper Excerpt: United States Marshal Kercheval last evening went to Marion to serve Frank Brownlee, the First National Bank and W. E. Hogin, the receiver, with notice of the application.
Source: newspapers

Newspaper Articles (1)

1. December 28, 1898 The Indianapolis Journal Indianapolis, IN

Article from The Indianapolis Journal, December 28, 1898

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Article Text

Confessed Bankruptey. C. M. Bailey, of the firm of Bailey & Brownlee, of Marion. yesterday confessed bankruptcy before the United States Court in this city. United States Marshal Kercheval last evening went to Marion to serve Frank Brownlee, the First National Bank and W. E. Hogin, the receiver, with notice of the application.