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.
7347. Peoples Bank (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
cf0b5dec
Response Measures
None
Description
Contemporary reports (Oct 4, 1893) state the People's Bank in Louisville went into liquidation with cause given as 'no money was being made.' There is no mention of depositor runs or a suspension preceding runs; the event is a voluntary liquidation/closure. Corrected bank name punctuation from provided 'Peoples Bank' to 'People's Bank' as in articles. No evidence of receivership assignment beyond liquidation.
Events (1)
1.
October 4, 1893
Suspension
- Cause
- Voluntary Liquidation
- Cause Details
- Bank went into liquidation voluntarily; reported reason: '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.