Bank of Weston - Weston, MI

Episode Information

Episode UID: 7140702191296
Episode Type: Suspension → Closure
Bank Type: private
Bank ID: 714070219 hash
Start Date: December 12, 1907
Location: Weston, Michigan (41.770, -84.098)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: e7a514ffce0b4eb1

Response Measures

None

Description

Owner E. B. Lee closed two banks at Jasper and Weston and turned assets over to a receiver.

Events (2)

1. December 12, 1907 Receivership

Newspaper Excerpt: He turned over to the receiver all of his property, including his home and life insurance.
Source: newspapers

2. December 12, 1907 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Funds became low and owner unable to obtain sufficient currency, prompting closure and turnover to a receiver.
Newspaper Excerpt: Because the funds became low and he was unable to obtain sufficient currency, E. B. Lee has closed his two banks at Jasper and Weston, Mich.
Source: newspapers

Newspaper Articles (1)

1. December 12, 1907 The Marion Daily Mirror Marion, OH

Article from The Marion Daily Mirror, December 12, 1907

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Article Text

Two Banks Closed. Adrian, Mich., Dec. 12.-Because the funds became low and he was unable to obtain sufficient currency, E. B. Lee has closed his two banks at Jasper and Weston, Mich. He turned over to the receiver all of his property, including his home and life insurance. He says his total liabilities including the deposits in both banks do not exceed $55,000 and that his assets are upwards of $82,000.