Lonaconing Savings Bank (Lonaconing, MD)

Episode Information

Episode Type
Suspension → Closure
Start Date
March 21, 1904
Location
Lonaconing, Maryland (39.566, -78.980)
Bank Type
savings
Routing Number
65-0087
Alt. names
Allegany Savings Bank

Metadata

Episode ID
Bank ID
City ID
240590691
Model
gpt-5-mini
Short Digest

Notes

Listed under a Business Failures column (Mar. 21) suggesting failure/receiver assignment; more local coverage would confirm suspension vs. immediate receivership.

Events (1)
1. March 21, 1904 Receivership
Newspaper Excerpt
Mar. 21—Lonaconing (Md.) Savings bank.
Source
newspapers

Newspaper Articles (5)
1. December 30, 1904 The Virginia Enterprise Virginia, MN
Article from The Virginia Enterprise, December 30, 1904

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Article Text

Business Failures

Jan. 14—Auburn (Ind.) Farmers' bank. 16—Mt. Ayr (Ia.) Citizens' bank; $450,000. 22—Cleveland (O.) Produce Exchange bank and branches at Bedford, Hudson and Defiance. 23—Elkhart (Ind.) Nat. bank. 30—New York, A. B. Baxter & Co., cotton brokers; $2,000,000. Feb. 2—New Orleans, Kirby Lumber Co. and Houston Oil Co Clarksburg (W. Va.) Traders' Nat. bank. 9—McGruder (Tex.) Citizens' Nat. bank. 10—New York Equitable Nat. bank Bank of Dunn, N. C. 11—Syracuse (N. Y.) Exchange Nat. bank; $500,000. 15—Pella (Ia.) Savings bank. 28—Opelika (Ala.) bank; $150,000 Tanton (Mass.) bank; $600,000. Mar. 2—Le Sueur (Minn.) bank; $95,000. 11—Garden Grove and Coin (Ia.) banks. 18—Daniel Sully, New York cotton king; $17,000,000. 21—Lonaconing (Md.) Savings bank. 22—Riverside (Cal.) bank E. O. Miller, banker, Providence, Ia National bank of Holdenville, Ind. T., suspends operations. 31—Union Trust, Boston; $1,600,000 Federal Trust, Cleveland; $1,000,000. Apr. 4—Capital Nat. bank, Guthrie, Okla.; $1,033,000 W. B. Mack, New York.

2. December 31, 1904 The Broad Ax Chicago, Salt Lake City, IL
Article from The Broad Ax, December 31, 1904

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Article Text

Business Failures

Jan. 14—Auburn (Ind.) Farmers' bank. 16—Mt. Ayr (Ia.) Citizens' bank; $450,000. 22—Cleveland (O.) Produce Exchange bank and branches at Bedford, Hudson and Defiance. 23—Elkhart (Ind.) Nat. bank. 30—New York, A. B. Baxter & Co., cotton brokers; $2,000,000. Feb. 2—New Orleans, Kirby Lumber Co. and Houston Oil Co Clarksburg (W. Va.) Traders' Nat. bank. 9—McGruder (Tex.) Citizens' Nat. bank. 10—New York Equitable Nat. bank Bank of Dunn, N. C. 11—Syracuse (N. Y.) Exchange Nat. bank; $500,000. 15—Pella (Ia.) Savings bank. 28—Opelika (Ala.) bank; $150,000 Taunton (Mass.) bank; $600,000. Mar. 2—Le Sueur (Minn.) bank; $95,000. 11—Garden Grove and Coin (Ia.) banks. 18—Daniel Sully, New York cotton king; $17,000,000. 21—Lonaconing (Md.) Savings bank. 22—Riverside (Cal.) bank E. O. Miller, banker, Providence, Ia National bank of Holdenville, Ind. T., suspends operations. 31—Union Trust, Boston; $1,600,000 Federal Trust, Cleveland; $1,000,000. Apr. 4—Capital Nat. bank, Guthrie, Okla.; $1,033,000 W. B. Mack, New York.

3. January 5, 1905 Iron County Register Ironton, MO
Article from Iron County Register, January 5, 1905

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Article Text

Business Failures

Jan. 14—Auburn (Ind.) Farmers' bank. 16—Mt. Ayr (Ia.) Citizens' bank; $450,000. 22—Cleveland (O.) Produce Exchange bank and branches at Bedford, Hudson and Defiance. 23—Elkhart (Ind.) Nat. bank. 30—New York, A. B. Baxter & Co., cotton brokers; $2,000,000. Feb. 2—New Orleans, Kirby Lumber Co. and Houston Oil Co Clarksburg (W. Va.) Traders' Nat. bank. 9—McGruder (Tex.) Citizens' Nat. bank. 10—New York Equitable Nat. bank Bank of Dunn, N. C. 11—Syracuse (N. Y.) Exchange Nat. bank; $500,000. 15—Pella (Ia.) Savings bank. 28—Opelika (Ala.) bank; $150,000 Tanton (Mass.) bank; $600,000. Mar. 2—Le Sueur (Minn.) bank; $95,000. 11—Garden Grove and Coin (Ia.) banks. 18—Daniel Sully, New York cotton king; $17,000,000. 21—Lonaconing (Md.) Savings bank. 22—Riverside (Cal.) bank E. O. Miller, banker, Providence, Ia National bank of Holdenville, Ind. T., suspends operations. 31—Union Trust, Boston; $1,600,000 Federal Trust, Cleveland; $1,000,000.

4. January 6, 1905 The Bourbon News Paris, KY
Article from The Bourbon News, January 6, 1905

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Article Text

Business Failures

Jan. 14—Auburn (Ind.) Farmers' bank. 16—Mt. Ayr (Ia.) Citizens' bank; $450,000. 22—Cleveland (O.) Produce Exchange bank and branches at Bedford, Hudson and Defiance. 23—Elkhart (Ind.) Nat. bank. 30—New York, A. B. Baxter & Co., cotton brokers; $2,000,000. Feb. 2—New Orleans, Kirby Lumber Co. and Houston Oil Co Clarksburg (W. Va.) Traders' Nat. bank. 9—McGruder (Tex.) Citizens' Nat. bank. 10—New York Equitable Nat. bank Bank of Dunn, N. C. 11—Syracuse (N. Y.) Exchange Nat. bank; $500,000. 15—Pella (Ia.) Savings bank. 28—Opelika (Ala.) bank; $150,000 Tanton (Mass.) bank; $600,000. Mar. 2—Le Sueur (Minn.) bank; $95,000. 11—Garden Grove and Coin (Ia.) banks. 18—Daniel Sully, New York cotton king; $17,000,000. 21—Lonaconing (Md.) Savings bank. 22—Riverside (Cal.) bank E. O. Miller, banker, Providence, Ia National bank of Holdenville, Ind. T., suspends operations. 31—Union Trust, Boston; $1,600,000 Federal Trust, Cleveland; $1,000,000. Apr. 4—Capital Nat. bank, Guthrie, Okla.; $1,033,000 W. B. Mack, New York.

5. January 6, 1905 Middlebury Register Middlebury, VT
Article from Middlebury Register, January 6, 1905

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Article Text

Business Failures

Jan. 14—Auburn (Ind.) Farmers' bank. 16—Mt. Ayr (Ia.) Citizens' bank; $450,000. 22—Cleveland (O.) Produce Exchange bank and branches at Bedford, Hudson and Defiance. 23—Elkhart (Ind.) Nat. bank. 30—New York, A. B. Baxter & Co., cotton brokers; $2,000,000. Feb. 2—New Orleans, Kirby Lumber Co. and Houston Oil Co Clarksburg (W. Va.) Traders' Nat. bank. 9—McGruder (Tex.) Citizens' Nat. bank. 10—New York Equitable Nat. bank Bank of Dunn, N. C. 11—Syracuse (N. Y.) Exchange Nat. bank; $500,000. 15—Pella (Ia.) Savings bank. 28—Opelika (Ala.) bank; $150,000 Tanton (Mass.) bank; $600,000. Mar. 2—Le Sueur (Minn.) bank; $95,000. 11—Garden Grove and Coin (Ia.) banks. 18—Daniel Sully, New York cotton king; $17,000,000. 21—Lonaconing (Md.) Savings bank. 22—Riverside (Cal.) bank E. O. Miller, banker, Providence, Ia National bank of Holdenville, Ind. T., suspends operations. 31—Union Trust, Boston; $1,600,000 Federal Trust, Cleveland; $1,000,000. Apr. 4—Capital Nat. bank, Guthrie, Okla.; $1,033,000 W. B. Mack, New York.