Bank of Cambria - Cambria, CA

Bank Information

Episode Type: Suspension → Reopening
Bank Type: state
Start Date: March 13, 1899
Location: Cambria, California (35.564, -121.081)

Metadata

Model: gpt-5-mini
Short Digest: 1d55951b

Response Measures

None

Description

Article (San Francisco Call, 1899-03-14) reports P. Kaetzel, manager of the Bank of Cambria, ordered the bank to close on Saturday owing to the suspension of the Commercial Bank, of which it was a branch. The piece describes a suspension triggered by a correspondent/parent bank's suspension; the article gives no information on subsequent permanent failure or receivership. I classify this as a suspension with no reported run and (due to lack of evidence of permanent closure) as suspension_reopening; outcome is uncertain from the single article.

Events (1)

1. March 13, 1899 Suspension

Cause: Correspondent
Cause Details: Closed because the Commercial Bank (its parent/branch/correspondent) closed/ suspended, prompting Bank of Cambria to order closure.
Newspaper Excerpt: P. Kaetzel, manager of the Bank of Cambria, was in this city to-day and said that he had ordered his establishment to close on Saturday owing to the suspension of the Commercial Bank, of which it was a branch.
Source: newspapers

Newspaper Articles (1)

1. March 14, 1899 The San Francisco Call San Francisco, CA

Article from The San Francisco Call, March 14, 1899

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Article Text

SAN LUIS BANKS WILL PAY IN FULL sioner Barrett will give his attention to the Commercial Bank. He expects to conclude his labor here during the AN LUIS OBISPO, March 13.-No day, and has planned to leave for Paso depositor of the County Bank of Robles on Wednesday morning to inSan Luis Obispo is in danger of vestigate the Citizens' Bank, which losing one cent of the money he S closed its doors to-day. intrusted to that institution. Such P. Kaetzel, manager of the Bank of was the declaration made to-night by Cambria of Cambria, was in this city to-day and said that he had ordered Secretary Dunsmoor of the Bank Comhis establishment to close on Saturday mission after Commissioner Barrett owing to the suspension of the Comhad concluded his examination of the mercial Bank, of which it was a branch. bank. There were present during the