Article Text
An Old Bank Closes. LOUISVILLE, Oct. 4.-The People's bank, one of the oldest fi nancial institutions in the state, went into liquidation yesterday. The cause assigned is that no money was being made.
6488. Peoples Bank of Kentucky (Louisville, KY)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- October 4, 1893
- Location
- Louisville, Kentucky (38.254, -85.759)
Metadata
- Model
- gpt-5-mini
- Short Digest
3ba825c32e887eac
Response Measures
None
Description
Multiple newspapers (Oct 4, 1893) report the People's Bank in Louisville 'went into liquidation' — a voluntary winding up because 'no money was being made.' No mention of a prior run or temporary suspension; this is a permanent closure/liquidation. I used the bank name as reported in the articles rather than the provided full formal name; OCR variants (People's/Peoples/People's bank) are equivalent.
Events (1)
1.
October 4, 1893
Suspension
- Cause
- Voluntary Liquidation
- Cause Details
- Bank 'went into liquidation' (voluntary winding up); management cited 'no money was being made.'
- Newspaper Excerpt
- The People's bank, one of the oldest financial institutions in the state, went into liquidation yesterday. The cause assigned is that no money was being made.
- Source
- newspapers
Newspaper Articles (3)
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Article Text
Not Making Money. LOUISVILLE, Oct. 4.-The People's bank, one of the oldest financial institutions in the state, went into liquidation yesterday. The cause assigned is that no money was being made.
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Article Text
An Cld Bank Closes. LOUISVILLE, Oct. 4.-The People's bank. one of the oldest floancial institutions in the state, went into liquidation yesterday The cause assigned is that no money was being made.