S. S. Davis & Company (Cincinnati, OH)

Episode Information

Episode UID
7449182991018
Episode Type
Suspension โ†’ Closure
Bank Type
private
Bank ID
744918299 hash
Start Date
October 13, 1884
Location
Cincinnati, Ohio (39.103, -84.515)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
c8d42c3f7e368c4d

Response Measures

None

Description

Bankers made an assignment for benefit of creditors (voluntary assignment/liquidation).

Events (1)

1. October 13, 1884 Suspension
Cause
Voluntary Liquidation
Cause Details
Assigned for the benefit of creditors; liabilities ~$60,000 against assets ~$15,000.
Newspaper Excerpt
S. S. Davis & Co., private bankers, made an assignment to T. C. Campbell to-day.
Source
newspapers

Newspaper Articles (3)

Article from Savannah Morning News, October 14, 1884

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Article Text

FAILURES IN BUSINESS. Private Bankers of Cincinnati Assign Owing Many Benevolent Societies. CINCINNATI, Oct. 13.-S. S. Davis & Co., private bankers, made an assignment to T. C. Campbell to-day. Their liabilities are estimated at $60,000, and the assets at $15,000. Among the liabilities are a number of trusts of benevolent and secret society organizations. ASSIGNED TO SECURE AN EXTENSION. CHATTANOOGA, TENN.. Oct. 13.-Eugene Hammel, dealer in ladies' and gentlemen's furnishing goods, has made an assignment. His liabilities are $12,000, and his assets $10,000. The assignment was made to obtain an extension of time, and he will reopen. INDICTMENTS IN THE PENN BANK CASES. PITTSBURG, PA., Oct. 13.-The grand jury to-day found a true bill against President Riddle and Cashier Reiber, of the defunct Penn Bank, for conspiracy and the embezzlement of $1,200,000, and against L. J. Watson, the oil broker, for conspiracy to defraud the Penn Bank depositors. A BATCH OF ASSIGNMENTS. CHICAGO, Oct. 13. -Morgan Roth & Co., dealers in gentlemen's furnishing goods, were closed by the Sheriff to-day. Their liabilities are $35,000 and the assets about $23,000. Zimmerman & Co., cloak manufacturers, to-day made an assignment. Their liabilities are $80,000 and the assets $55,000. Wardell & Hinckley, dealers in machinery and engines, were closed to-day by the Sheriff. Their liabilities amount to $25,000 and assets to $18,000.


Article from The Daily Cairo Bulletin, October 14, 1884

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Article Text

Assigned. CINCINNATI, o, October 13.-S. S. Davis & Co., bankers, assigned this morning for the benefit of their creditors.


Article from The Rock Island Argus, October 14, 1884

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Article Text

Made an Assignment. CINCINNATI, Oct. 14.-S. S. Davis & Co., bankers, have assigned for the benefit of their creditors The Chotera.