Bank of Geneva - Lake Geneva, WI

Episode Information

Episode UID: 7362570691105
Episode Type: Suspension → Closure
Bank Type: trust
Bank ID: 736257069 hash
Start Date: January 14, 1892
Location: Lake Geneva, Wisconsin (42.592, -88.433)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: f4c088b319837efc

Response Measures

None

Description

Article states the bank is embarrassed and creditors face large losses, implying insolvency and likely permanent closure.

Events (1)

1. January 14, 1892 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Bank described as 'embarrassed' with insufficient assets to fully pay creditors, implying insolvency/poor finances.
Newspaper Excerpt: The bank of Geneva, Wis., is embarrassed and the 350 creditors will probably not receive seventy cents on the dollar.
Source: newspapers

Newspaper Articles (1)

1. January 22, 1892 The Columbian Bloomsburg, PA

Article from The Columbian, January 22, 1892

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Article Text

Thursday, Jan. 14. Stamford, Conn., is getting ready to celebrate its 250th anniversary. The New York legislature will appropriate $300,000 for the World's Fair. Philadelphia elected all Blaine delegates to the National Republican convention, yesterday. The United States Senate passed a bill yesterday appropriating $100,000 for a public building at Hoboken, N.J. The bank of Geneva, Wis., is embarrassed and the 350 creditors will probably not receive seventy cents on the dollar. Herman Blazier, seventy-two years old, who shot and killed Thomas Wilson at Elizabethport, N. J., last May, was yesterday sentenced to ten years' imprisonment for manslaughter. Adelbert Slye, the Adams Express robber, was arraigned in court at Clayton, Mo., Wednesday, and his bond was fixed at $30,000 in default of which he was placed in jail to await trial. Owing to the prevalence of smallpox in Trenton and Newark, the Jersey City Health Board has decreed that all pupils in the public schools shall be vaccinated. Those who refuse to submit will be expelled. Patrick Brady, of Newark, N. J., who two months ago kicked his wife to death while in a drunken frenzy, was convicted of murder in the second degree in that city yesterday. He was sentenced to twenty years in State prison. William H. O'Brien, who has been running a stock broker's office, at Gloucester, Mass., as a branch of the Metropolitan Stock Exchange of New York, has disappeared, leaving behind him, it is said, debts aggregating between $15,000 and $20,000. The Pennsylvania State Board of Sinking Fund Commissioners has directed the sale of $300,000 worth of the over $4,000,000 United States Government bonds held by the State, and the appropriation of the amount toward the redemption of the fifteen year $8,000,000 loan. due next month.