7564. Bank of North America (New Orleans, LA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
November 7, 1895
Location
New Orleans, Louisiana (29.955, -90.075)

Metadata

Model
gpt-5-mini
Short Digest
5dde7a12

Response Measures

None

Description

Multiple contemporaneous newspaper reports (Nov 7, 1895) state that, on application of the bank officials, a judge appointed a receiver and the doors were closed. No run or depositor agitation is mentioned. This is a voluntary receivership/closure.

Events (1)

1. November 7, 1895 Suspension
Cause
Voluntary Liquidation
Cause Details
Receiver appointed on application of the bank's officials; bank closed and placed in receivership; deposits reported under $20,000.
Newspaper Excerpt
On application of the bank officials Judge Righter yesterday appointed a receiver for the Bank of North America, and its doors were closed.
Source
newspapers

Newspaper Articles (10)

Article from The Topeka State Journal, November 7, 1895

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Article Text

New Orleans Bank Closed. NEW ORLEANS, Nov. 7-On application of the bank officials Judge Righter yesterday appointed a receiver for the Bank of North America, and its doors were closed. The bank was not a member of the clearing house association. It is understood that the deposits were less than $20,000.


Article from San Antonio Daily Light, November 7, 1895

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Article Text

Another Bank Failure. NEW ORLEANS, Ncv. 7.-On the application of bank officials Judge Righter has appointed a receiver for the bank of North America and its doors are closed. The bank was not a member of the clearing house as. sociation. It is understood the deposits were less than $20,000.


Article from Deseret Evening News, November 7, 1895

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Article Text

Bank Closed. NEW ORLEANS, Nov. 7.-On application of the bank officials, Judge Righter yesterday appointed a receiver for the Bank of North America and the doors were closed. It is understod the deposits were less than $20,000.


Article from The Indianapolis Journal, November 8, 1895

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Article Text

Business Embarrassments. NEW ORLEANS, Nov. 7.-On application of the bank's officials, Judge Rightor yesterday appointed a receiver for the Bank of North America, and its doors were closed. The bank was not a member of the Clearing-house Association, had little or no business standing, and checks on it were not received on deposit by the association banks. It is understood that the deposits were less than $20,000.


Article from The Salt Lake Herald, November 8, 1895

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Article Text

NEW ORLEANS.-On application of the bank officials, Judge Righter yesterday appointed a receiver for the Bank of North America and the doors were closed. It is understood the deposits were less than $20,000.


Article from St. Paul Daily Globe, November 8, 1895

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Article Text

New Orleans Bank Closes. NEW ORLEANS, Nov. 7.-On application of the bank officials, Judge Righter yesterday appointed a receiver for the Bank of North America and its doors were closed. The bank was not a member of the clearing house association. It is understood the deposits were less than $20,000.


Article from St. Tammany Farmer, November 9, 1895

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Article Text

The Bank of North America, and the Chalmette Insurance Company, both of New Orleans, have failed and been placed in the hands of a receiver. Also the New Orleans Brewing Association, which mcludes all the breweries in the city.


Article from Highland Recorder, November 15, 1895

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Article Text

THE Advices to the Merchants Exchange in San Francisco state that the British steamer Mineral, at Zoritas. laden with coal for San Francisco, has been burned, and is a total loss.W. B. Thompson, president Farmers' and a Merchants' Bank of Uhrichsville, 0., filed deed of assignment. It is said depositors will not loss a cent. -Tom Maher shot and fatally wounded Miss Maude Fessler, at a dance in Nebraska City, Neb. Albert Applegate was murdered in his cornfield, near Wilsonville, Neb. The New York and Buffalo express was partially wrecked at Pittston, Pa. The passengers were shaken up but nobody was hurt. steamer Puritan went ashore in the fog off Great Gull Island, Long Island Sound. -Edward Marrs was put on trial in Huntington, W. Va., on the charge of murdering his eightyear-old daughter. William Hall, a Pennsylvania oil operator, committed suicide in Parkersburg, W. Va. Dalhouse, acensed of killing Samuel Doom in Staunton, Va., was acquitted. Mrs. Rebecca T. Barnham and Miss Susie Sherman, who were missing from Dighton, Mass., for a year, were found in Nashua, N. H.-An anti-lynching provision was adopted by the South Carolina Constitutional Convention. A big pool is said to have been arranged to control all the traffle between Chicago and the seaboard. -The Chicago tourists to the Atlanta Exposition were entertained in Nashville, Tenn. -Tadman & Mickman's morocco factory in Wilmington. Del., was burned. Hill's cold storage warehouse on William street, in Montreal, caught fire. The damages were mostly caused by water, and amounted to between $80,000 and $100,000. Henry H. Kingston was appointed general traffic manager of the Lehigh Valley Railroad, to take the place of John Taylor, who recently died, J. W. Cadman, who shot himself several days ago in Chicago, died at the county hospital from the effects of the bullet wound in his head. He was Indian agent in South Dakota, and was a relative of President Cleveland's wife. -Freight No. 28, on the Kentucky Central division of the Louisville and Nashville Railway was wrecked by an open switch at Morningview, The seventeen miles from Cincinnati. venerable Judge Allen G. Thurman fell in his library at his home in Columbus, Ohio, and seriously injured hiship. The missing lake steamer Missonia, with a crew of seventeen men, has been given up for lost. She was owned by Captain Thomas Wilson, of Cleveland, valued at $80,000. Bernard Arena, thirty-six years old, of South Boston, while painting a smokestack, accidentally touched an electric wire, and was instantly killed. Burleigh Kitchen, aged seventeen years, of Newhope, Pa., was shot and accidentally killed on a gunning trip.-Theodore Durant was brought up for sentence in the San Francisco court, but the judge granted a continuance until November 22. Chauncey Depew made a speech on "The Wealth and Power of This Country" at a dinner given in his honor at Buffalo, W. E. G. Gilkinson, seventy years old, a lawyer of Charleston, W. Va., committed suicide by drowning in the Kanawha River.--The taking of evidence in the Addicks divorce case in Wilmington was concluded. At Columbus, O., the reorganized Culumbus, Sandusky and Hocking Railroad Company elected N. Monsarrat president; W. E. Guerin, vice president and general counsel: G. C. Hoover, treasurer; H. D. Turney, secretsry. -The American Inter-Seminary Missionary Alliance began its annual convention at Lancaster, Pa. A receiver was appointed for the Bank of North America of New Orleans Linford Overpeck and his son William, of Brodheadsville, Pa., were suffocated in a lime kiln about five miles from their home. They worked at the kiln and, not returning home at their usual hour. search was made and their bodies found. The money order dep artment of the postoffico at Chicago paid out $105,000, the largest amount ever pai. out in one day. was reported at Clevelan. that the Erie Railroad has been sold and will be reorganized. Snow and rain fell throughout Nebraska, and the farmers think the wet weather is in time to save the fall seeding. Frank Cross wa convicted of the murder of his sister, Mrs Cameron Taylor, at Ellenboro, W. Va., an sentenced to imprisonment for life.-More o than thirty dead bodies were taken out the wrecked Journal building in Detroit, of victims will b and the Ne braska the 40. -Revs. total Catholic number Fitzgerald Murphy, probably an priests leading the faction trouble with Bonacum Rooker, bitterly which has attack had Dr. Bishop secretary of th apostolic delegation, in a letter to edito -C. T. of Harrisburg, of letter the carrier. Omaha Bee, Householder, Pa., the was ar rested for stealing a registered letter. A party of miners from the head waters the Yukon River arrived at Port reported that the Canadian Wash., ernment and is establishing well-equipped Townsene fort go Acations on commanding bluffs on the strategic elsewhere points along supposed Forty-Mile international overlookin Creek an Coe Memphis, at Island 63, one boundary burg. plying sunk between line.-The steamer Tenn., hundred and Peter Vick an while h way to with a about twenty down miles below Vicksburg Memphis, cargo on one hundred and twenty tons of mi cellaneous freight. Rev. William E. Hi show, convicted at Danville, Ind., of th murder of his wife, was denied a new tria and will be sentenced to life imprisonment -Three little children playing on a sid N. Y., were a runaway team. Emma aged down I walk three in by Poughkeepsie, knock Jank years, was killed, and seven-year Lemka was cotton mill, erected years ago at and Simpson's old Aldred Norristown, Pa., badly injured. owned sixty-fl Dean & Mitchell, was destroyed by fire.


Article from Decorah Public Opinion, November 15, 1895

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GENERAL NEWS ITEMS The number of persons killed in the Detroit explosion was thirty-seven. Corbett has received $2,500 as his portion of the forfeit due from the Florida Athletic Club for failure to bring off the fight. They will not give Fitzsimmons any money, as they say he tried to prevent the fight. Peter Maher and Steve O'Donnell, Corbett's sparring partner, fought at Maspeth, L. I. The mill lasted just 63 seconds. O'Donnell was knocked down three times and the last time was counted out. The representatives of the powers at Constantinople held a meeting and decided to make fresh demands on the porte for protection for Armenians. The Kentucky legislature, on joint ballot, will have 68 republicans, 68 democrats and 2 populists. The latter two have it in their power to choose the successor of Senator Blackburn. Gen. Campos has recommended home rule for Cuba. Preacher Hinshaw, of Danville, Ind., who was convicted of murdering his wife. has gone to the penitentiary for life. Consuelo Vanderbilt was wedded to the Duke of Marlborough on the 6th. An explosion of the boilers in the building occupied by the Detroit Journal occurred, wrecking the building and hurling the three score occupants into the cellar. The wreckage at once took fire and many were burned to death before assistance could be rendered. A great many were taken out of the debris badly injured, and at last reports seventeen dead bodies had been taken from the ruins. while probably a score or more are still missing. At Milwaukee the Royal Areanum paid a $3,000 policy on the life of Arnold Brecher, the Chicago man whose body was recently exhumed at the instance of the life insurance companies on suspicion that he had been poisoned. The Illinois State Board of Health has licensed the following physicians: E. Ludlow, E. H. Mathewson, and C. E. Patterson, Chieago; M. L. Finley, Kirkwood: J. S. Pari, Jacksonville; C. L. Hamilton, Dwight; J. E. Miller, South America; and G. W. Johnsen, Dunning. At Wilmington, Del., the Addicks divorce suit closed and the decision will be announced in three weeks. The opening of the new steamship line from Pensacola, Fla., to Liverpool, was celebrated at Pensacola. At Pittsburg, Pa., the Supreme court affirmed the decision of the lower court forcing Mayor Warwick of Philadelphia to administer the oath of office to W. J. Roney as receiver of taxes. Senator Tillman made a sturdy but ineffectual effort to have a clause providing for bipartisan election boards incorporated in the suffrage article by the South Carolina constitutional convention. Henry H. Kingston has been appointed general traffic manager of the Lehigh Valley railroad, to succeed the late'John Taylor. He is a son of Stephen B. Kingston, formerly general freight agent of the Pennsylvania. There is much excitement and intense feeling between political factions in the Cherokee nation, and bloodshed will result unless compromised. The conditions are similar to those of eight years ago, when many men were killed. The national party is contesting the election of Sam Mayes as chief on the Downing ticket, and the Indians are collecting in the capital, armed to the teeth, determined to aid their friends. The executive council of the Ohio River Improvement Association, in session at Cincinnati, considered the advisability of asking congress for $20,000,000 to improve the Ohio river. The shoe factory of the Bentley Shoe company at Cazenovia, N. Y., has been closed by creditors. Retail stores in Syracuse and Rochester owned by the same company shared a similar fate. Rev. Cyrus T. Brady, rector of St. Paul's church, Manhattan, Kan., and archdeacon of Kansas, has been named by Bishop Whitaker to be archdeacon for the diocese of Pennsylvania. Governor Hastings of Pennsylvania has appointed Evan R. Penrose of Doylestown bank examiner. S At New Orleans a receiver was apI pointed for the Bank of North America


Article from Cottonwood Report, November 15, 1895

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Article Text

Deposits Were Small. New Orleans, Nov. 7.-On application of the bank officials, Judge Richter yesterday appointed a receiver for the Bank of North America, and the doors were closed. It is understood the deposits were less than $20,000.