Citizens Bank - Louisville, KY

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: July 27, 1858
Location: Louisville, Kentucky (38.254, -85.759)

Metadata

Model: gpt-5-mini
Short Digest: 253aa3df

Response Measures

None

Description

The short article (Louisville Journal quoted) indicates the managers of Citizens' Bank 'suspended payment.' No run is mentioned and there is no information about reopening or receivership. Because the piece gives only suspension and no later resumption, I classify as suspension_closure while noting that permanent closure/receivership is not explicitly stated in the text.

Events (1)

1. July 27, 1858 Suspension

Cause Details: Article gives no specific cause for the suspension beyond criticizing the managers; no rumor, correspondent failure, or government action is indicated.
Newspaper Excerpt: The managers of the offending Bank suspended payment
Source: newspapers

Newspaper Articles (1)

1. July 27, 1858 Memphis Daily Appeal Memphis, Hernando, Grenada, Jackson, Vicksburg, Atlanta, Griffin, Macon, Montgomery, Selma, TN

Article from Memphis Daily Appeal, July 27, 1858

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Article Text

CITIZENS' BANK. - The Louisville Journal says: "The managers of the offending Bank suspended payment and then asked the public to suspend their opinion, and we shouldn't be much surprised if the enraged public, after getting tired of suspending their opinions, were to suspend the offenders, but we hope not."