6466. Kentucky Trust Bank (Louisville, KY)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
October 18, 1854
Location
Louisville, Kentucky (38.254, -85.759)

Metadata

Model
gpt-5-mini
Short Digest
8bcb57394e6a7fed

Response Measures

None

Description

Newspaper dispatches (Oct 18, 1854) report that the Kentucky Trust Bank 'suspended to-day.' No mention of a preceding run, remedy, reopening, or receivership in the provided articles. Because only a suspension is reported and no reopening is described in these items, I classify the episode as a suspension that appears to be permanent (suspension_closure). This classification is conservative given the limited reporting — the eventual outcome (reopening vs. permanent closure) is not specified in these excerpts.

Events (1)
1. October 18, 1854 Suspension
Cause Details
Contemporary dispatch simply reports suspension; no cause given in the article.
Newspaper Excerpt
The Kentucky Trust Bank and Connersville Bank suspended to-day.
Source
newspapers

Newspaper Articles (2)
1. October 19, 1854 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, October 19, 1854

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Article Text

DESTRUCTIVE FIRE IN LOUISVILLE. LOUISVILLE, Wednesday, Oct. 18, 1854. A fire originated last night in the extensive bookstore of H. C. Morton, on Main-st., near Third-st. The flames communicated to the tin-ware store of McDermott, Clifford & Co., and the store of Cassidy & Hopkins-the latter of which was but slightly damaged. McDermott, Clifford & Co., saved a small portion of their stock, but the entire contents of Mr. Morton's establishment were destroyed. The loss is estimated at $45,000, which is mostly covered by insurance. Maj. J. L. Martin, the oldest and wealthiest citizen of Louisville, died yesterday. The Kentucky Trust Bank and Connersville Bank suspended to-day.

2. November 4, 1854 The Weekly Minnesotian Saint Paul, MN
Article from The Weekly Minnesotian, November 4, 1854

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Article Text

NUMBER 7. Telegraphic. BALTIMORE, Oct. 19. The yellow fever has appeared at Beaufort, S. C. Five deaths have occurred. Deaths from fever at Charleston and Savannah continue to average from three to six daily. The Maryland coal trade during the past week reached 13.300 tons. The navigation of the canal is resumed. LOUISVILLE, Oct. 18. Major J. L. Martin. the oldest and wealthiest citizen of Louisville, died yesterday. The Kentucky Trust Bank and Connersville Bank suspended to-day. WILMINGTON, Oct. 20. The Express office of Adams & Co., was robbed last night of $2,200. CINCINNATI, Oct. 20. Messrs. Outcall is Co., private bankers, failed to-day. NEW YORK, Oct. 20. LATER FROM HAVANA. The betrayer of Lopez assassinated. Guards who followed the funeral attacked by a mob. Desperate conflict-several killed and wounded LIQUOR LAW IN PENNSYLVANIA. Pennsylvania has rejected Prohibitory Liquor Law by 3000 majority. ILLNESS OF ABBOTT LAWRENCE. Abbott Lawrence is dangerously ill of inflammation of the bowels-family sent for-recovery doubtful.