Bank of Braceville - Braceville, IL

Episode Information

Episode UID: 70087471348
Episode Type: Suspension → Closure
Bank Type: private
Bank ID: 7008747 routing
Routing Number: 70-0874
Start Date: April 12, 1912
Location: Braceville, Illinois (41.227, -88.265)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: b34fd4caefbd179c

Response Measures

None

Description

Article states the bank has closed its doors but gives no details on receivership or reopening; permanence is uncertain.

Events (1)

1. April 12, 1912 Suspension

Cause Details: Article gives no reason for the closure; no mention of runs, receivers, or government action.
Newspaper Excerpt: The Bank of Braceville, Ill., capital $25,000, has closed its doors.
Source: newspapers

Newspaper Articles (1)

1. April 12, 1912 The Penn's Grove Record Penns Grove, NJ

Article from The Penn's Grove Record, April 12, 1912

Click image to open full size in new tab

Article Text

The Rev. Dr. Isaac K. Funk died at Montclair, N. J. A hundred thousand visitors joined in the Atlantic City boardwalk Easter pageant. The Windoski River overflowed its banks, causing much damage in Montpelier and Barre, Vt. The First Baptist Church of Waterbury, Conn., was destroyed by fire. The loss was $75,000. Women of West Orange, N. J., began the work personally of cleaning up unsightly places there. The Bank of Braceville, III., capital $25,000, has closed its doors. Hard coal washeries began operations in Pennsylvania. Union men are confident they will obtain recognition at the Philadelphia conference. The Pennsylvania Railroad Company sent a circular letter to its engineers urging them to vote against a strike. The Public Service Commission at Albany denied the application of the New York Central to acquire the Ontario and Western on the ground that it must protect the minority stockholders. Colonel Roosevelt delivered fifteen speeches in Pennsylvania, West Virginia, Kentucky and Illinois; in Louisville he sharply criticised the administration. The statement of H. H. Goddard that there are 15,000 defective children in New York's public schools was denied by Elizabeth E. Farrell, inspector of ungraded classes. Robert C. Ulrich, a Baltimore architect, dropped dead in his home just as he was preparing to attend the dedicatory services in St. Elizabeth's Catholic Church, an edifice he had designed. The famous Astor stables at Ferncliff, N. Y., were destroyed by fire. Eleven out of the 12 horses in the barn were rescued. The loss of $50,000 is covered by insurance. The Merchants and Miners' steamship Ontario was run ashore ablaze at Montauk Point, L. I.; the thirty-two passengers were taken off unhurt and the crew remained on board to fight the fire. Men back of the Forward Movement obtained a country house at which young laymen assisting in church work might combine recreation with conferences on church matters during the summer. The American Cotton Manufacturing Association refused to thank President Taft for vetoing the Democratic Cotton-Tariff bill and adopted a resolution favoring revision of such duties as are excessive. It was learned at Albany that under a sweeping opinion just received from the Attorney General, George C. Van Tuyl, Jr., Superintendent of Banks, may be able to curtail the operations of many so-called real estate "holding companies." The city of Ponoma, Cal., won its suit in the United States Supreme Court to compel the Sunset Telephone & Telegraph Co. to comply with the city's demand and get a new charter before it does any more local business. Captain Lopez of the White Star liner Cretic was arrested in Boston charged with violating the immigration laws by carrying 19 more steerage passengers than he had accommodations for and not making a report of the conditions. FOREIGN.