Elias Harris & Son (Scio, NY)

Episode Information

Episode Type
Suspension → Closure
Start Date
May 18, 1911
Location
Scio, New York (42.171, -77.979)
Bank Type
private

Metadata

Episode ID
Bank ID
City ID
360964650
Model
gpt-5-mini
Short Digest

Events (1)
1. May 18, 1911 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank insolvent: owed depositors $20,000 while assets only $8,000.
Newspaper Excerpt
The private bank of Elias Harris & Son at Scio, in operation for twenty-five years, has suspended, owing depositors in that vicinity $20,000 and with assets of $8,000.
Source
newspapers

Newspaper Articles (2)
1. May 18, 1911 Newark Evening Star and Newark Advertiser Newark, NJ
Article from Newark Evening Star and Newark Advertiser, May 18, 1911

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Article Text

PRIVATE BANK SUSPENDED. BOLIVAR, N. Y., May 18.-The private bank of Elias Harris & Son at Scio, in operation for twenty-five years, has suspended, owing depositors in that vicinity $20,000 and with assets of $8,000. The largest depositor was the town of Scio.

2. May 19, 1911 The Daily Banner Cambridge, MD
Article from The Daily Banner, May 19, 1911

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Article Text

Private Bank Suspends. Bolivar, N. Y., May 19.—The private bank of Elias Harris & Son, at Scio, has suspended, owing $20,000, with assets of $8000.