Manchester Bank (Manchester, OH)

Episode Information

Episode UID
6164932491078
Episode Type
Suspension → Closure
Bank Type
trust
Bank ID
616493249 hash
Start Date
October 15, 1889
Location
Manchester, Ohio (38.689, -83.609)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
fab00f882138f0f0

Response Measures

None

Description

Articles state the president suspended payments and made an assignment; one item shows an OCR variant of the president's name (Elliason).

Events (1)
1. October 15, 1889 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Assets reported about $50,000 against liabilities about $70,000, indicating insolvency leading to suspension.
Newspaper Excerpt
R. H. Ellison, president of the Manchester (Ohio) bank, suspended payment yesterday and assigned to W. C. Blair, T. J. Shelton and W. J. Pownall.
Source
newspapers

Newspaper Articles (4)
1. October 15, 1889 Evening Star Washington, DC
Article from Evening Star, October 15, 1889

Click image to open full size in new tab

Article Text

Telegraphic Briefs. G. W. Adams, secretary of state of Kentucky, slipped in front of a car wheel at Eminence and had four toes cut off. Mrs. Melvina Arnold is on trial at Springfield, III., for the murder of ther husband. Her plea is self-defense. Tramps burned eight ice houses of the Talmage ice company at Laporte, Ind. Fifty Spring Valley, III., coal miners have gone to work. The reststay out. Wisconsin is to have a state convention of colored citizens November 27. Thirty barrels of kerosene were picked up at the east end of Nantucket yesterday. It probably came from a wreck. R. H. Ellison, president of the Manchester (Ohio) bank, suspended payment vesterday and assigned to W. C. Blair, T. J. Shelton and W. J. Pownall. It is said the assets are $50,000; liabilities, $70,000. The steamer Minnie Bay, 125 passengers, snagged and sunk in the Ohio near Moscow, Ohio. All lives were saved. The boat broke in two and is a total loss, but the freight was taken off. H. S. Wicker, general traffic manager of the Northwestern road, has resigned. It is said he goes abroad to interest foreign capital in new railway enterprises. The Reagan-Mitchell fight in San Francisco is off. Reagan is sick. Bernard's Son, leather merchant, Boston, with tannery at Danversport, has failed. Liabilities, $16,926; assets, $3,912. Tom Connors of Milwaukee wrestled Adam Butler for $500 at Chicago last night. Each get a throw, when Butler broke his too and Connors was given the match.

2. October 16, 1889 St. Paul Daily Globe Saint Paul, MN
Article from St. Paul Daily Globe, October 16, 1889

Click image to open full size in new tab

Article Text

TERSE TELEGRAMS. R. H. Ellison, president of the Manchester, O., bank, suspended payment yesterday and assigned to W. C. Blair, T. J. Shelton and W. J. Pownall. It is said assets are $50,000, liabilities $70,000. The Republican congressional convention at Hastings, Neb., has nominated Secretary of State G. L. Laws, to succeed the late Congressman Laird. John Scott yesterday went over to the house of Alexander Witt, near Quebec, La., and persuaded him to go chestnut hunting with him. and while out Scott shot Witt, standing about three or four feetin front of him, in the breast, inflicting a tatal wound, from which he died. Scott is under arrest. The boys had had some little difficulty before. The first business session of the brewers' association was opened at Cincinnati yesterday by an address in German by the president of the association, Louis Frisch, of Chicago, and was followed by the secretary, Ed Wagner, with the annual report. Treasurer John Jacob Metzler then presented his record for the past year. The exercises concluded by a technical lecture on improvements in the brewing industry by Dr. Schwartz, of New York, director of the United States Brewing academy. About 600 delegates fro m all parts of the United States are attending the seventeenth annual convention of the Carriage Builders' National association in Syracuse. N. Y. President Clinton D. Firestone, of Columbus, O., called the convention to order vesterday. President Firestone delivered an address after which the treasurer's report was submitted. The committe on prizes awarded the first prize for the best buggy dash to E. E. Hale, of Syracuse. The convention will continue through Thursday and close with a banquet. The New York court of appeals esterday handed down a decision affirming the constitutionality of the grain elevator law. known as chapter 581 of the laws of 1888. The law fixes the maximum rate "for elevating. weighing and discharging grain" at fiveeights of a cent per bushel, and provides that "in the process of handling grain by means of floating and stationary elevators, the take vessels or propellers. the ocean yessels or steamships and canal boats, shall only be required to pay the actual cost of trim ming or shovelling to the leg of the elevator when unloading, and trimming cargo when loading."

3. October 16, 1889 Omaha Daily Bee Omaha, NE
Article from Omaha Daily Bee, October 16, 1889

Click image to open full size in new tab

Article Text

A Bank President Assigns. MANCHESTER, O., Oct 15.-R. H. Ellison, president of the Manchester bank, suspended payment yesterday and made an assign. ment. His assets are said to be $50,000 and liabilities $70,000.

4. October 17, 1889 Delaware Gazette and State Journal Wilmington, DE
Article from Delaware Gazette and State Journal, October 17, 1889

Click image to open full size in new tab

Article Text

A Bank President Assigns. CINCINNATI, O., Oct. 15.-A dispatch from Manchester, O., says that R. H. Elliason, president of the Manchester Bank, suspended payment yesterday and assigned to W. C. Blair, T. J. Shelton, and W.J. Pownall. It 18 said the assets are $50,000; liabilities $70,000.