Citizens Bank (LaPorte, IN)

Episode Information

Episode UID
7736160290934
Episode Type
Suspension → Reopening
Bank Type
trust
Bank ID
773616029 hash
Start Date
October 15, 1877
Location
LaPorte, Indiana (41.611, -86.723)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
dc53f0f4d357c3ec

Response Measures

None

Description

Article reports a suspension only; no follow-up about permanent closure or receivership—additional sources could clarify outcome.

Events (1)

1. October 15, 1877 Suspension
Cause Details
Article states the bank suspended and that liabilities are said to be fully secured; no explicit cause given.
Newspaper Excerpt
The Citizens' Bank of Laporte, Ind., owned by Jacob and Simon Wile, suspended on the 15th. Liabilities about $70,000, which are said to be fully secured by the assets.
Source
newspapers

Newspaper Articles (2)

Article from The Milan Exchange, October 25, 1877

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Article Text

TELEGRAPHIC NOTES. Joel Collins, who was killed as one of the Union Pacific train robbers, it is claimed by his father was entirely innocent, and the latter has begun a legal investigation into the matter. The elder Collins is said to be a highly respectable citizen of Dallas, Texas, and he says that his son had just been to the Black Hills with a drove of cattle, which he had sold and received the pay therefor in gold, nearly $20,000. sconduct when captured at Buffalo is accounted for on the hypothesis that he supposed he had fallen into the hands of robbers and determined to resist to the end. Advices from El Paso County, Texas, to the 14th, represent that the entire lower portion of the county is in possession of the mob, and that the Americans have all fled for safety to the town of El Paso. Judge Howard, who was at one time a prisoner in the hands of the mob, after being released killed Louis Cardis, the leader of the Mexieans, and fled to Mesilla. Judge Baker, with a posse of troops from Fort Davis, has gone to restore order and reinstate the deposed county officers. A Berlin dispatch of the 13th says that the Ritterschaftlische Bank of Stettin has failed and the Managing Director has committed suicide. The entire business part of Janesville, Onondaga County, N. Y., was burned by an incendiary fire on the morning of the 14th. Loss about $60,000; insurance, $18,000. Frank Nichols, the supposed St. Elmo (III.) murderer, has been tried and found not guilty, having clearly proven an alibi. The Columbia Life Insurance* Company of St. Louis, upon application to the Court by State Insurance Superintendent Relfe, has been enjoined from doing further business and will be placed in the hands of a receiver. The Citizens' Bank of Laporte, Ind., owned by Jacob and Simon Wile, suspended on the 15th. Liabilities about $70,000, which are said to be fully secured by the assets. Berry, the captured Union Pacific train robber, died on the 16th at Mexico Mo., from the effect of his wounds. Previ-, ous to his death he made a full confession, stating that he was one of the six men who robbed the express car at Big Springs. Collins, who was killed, planned the robbery. The names of the others, as known to the Express Company, are said to be correct. After the robbery they all traveled 200' miles together and then separated in squads of two. Berry leaves a wife and six children. He was very respectably connected in Callaway County. The Market Street Savings Bank of San Francisco suspended on the 16th. The bank has only about $30,000 in deposits, which its Directors say will be paid in full inside of eight months. The latest advices from San Domingo state that another revolution against the Baez Government is in progress, and that Puerto Plata was occupied by the revolutionists. Lucy Williamson, a beautiful girl of 16, daughter of a prominent citizen of Covington, Ky., was fatally burned on the 16th while kindling the firewith kerosene. Her father was also badly burned trying to save her. Her mother, who was lying on a sick bed, was SO badly prostrated by the shock that it was thought she could not recover. Fifty disguised men entered the jail at Jefferson, Texas, on the night of the 16th, and took therefrom a negro named Jim Johnson, who was accused of murdering Frank Jennings, a mail-rider. The negro's fate was not known, but is easily conjectured. The centennial anniversary of Burgoyne's surrender was celebrated at Schuylersville, Saratoga County, N. Y., on the 17th. Ex-Gov. Seymour and George W. Curtis were the orators. Mrs. Brendell, of Cieveland, O., was fatally burned on the 16th by the upsetting of a gasoline stove. The Hannibal and St. Joseph Railroad has been placed by the Court in the hands of a receiver, and Mr. Sidney MeWilliams, of Chillicothe, Mo., has been appointed for that purpose. Mayor Linde, of Hot Springs, Ark., has by public proclamation ordered the closing of all gambling-houses in that city under penalty of having their tables and other par-


Article from The Jasper Weekly Courier, October 26, 1877

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Article Text

gates being present. Hon. Joseph Brown of St. Louis, was chosen presiding officer Resolutions were adopted, urging upon Congress the necessity of legislation for securing a good navigable stage of water from St. Anthony to the Gulf of Mexico-say a minimum depth of five feet from St. Paul to St. Louis, eight feet from St. Louis to Cairo, and 10 feet from Cairo to New Orleans. The Southern levee project was indorsed, but met with considerable opposition. General MeMillan, of Louisiana, has been appointed Pension Agent for the consolidated agencies for the Southwest, with headquarters at New Orleans, succeeding Isabel (colored), whose bond was defective. A destructive fire occurred at Edward's Depot, Hinds County, Miss., on the morning of the 11th. At Chicago, on the 12th, amysterious case of murder and suicide occurred at a boarding-house on North Wells Street, the murderer and suicide being Joseph W. Gladden, formerly of Oskaloosa, Iowa, and his victim Mrs. Maude Bell, wife of Robert S. Bell, a railroad brakeman. When discovered, both were in a dying condition, with their throats cut. Gladden held a razor in one hand, and had his arms around the woman in a death-like Gladden was likewise married, but it was said that he and Mrs. Bell had been living together since their arrival in Chicago. Odd Fellows' Block, one of the finest business blocks in Little Rock, Ark., was entirely destroyed by fire on the morning of the 12th. Total loss over $50,000; about onehalf insured. At Braden's Station, Haywood County, Tenn., on the night of the 9th, the house of Hal. Anderson, colored, was burned and three of his children perished in the flames while a foarth was fatally burned. The children were left alone in the house. Advices from El Paso County, Texas, to the 14th, represent that the entire lower portion of the county is in possession of the mob, and that the Americans have all fled for safety to the town of El Paso. Judge Howard, who was at one time a prisoner in the hands of the mob, after being released killed Louis Cardis, the leader of the Mexicans, and fled to Mesilla. Judge Baker, with a posse of troops from Fort Davis, had gone to restore order and reinstate the deposed county officers. Frank Nichols, the supposed St. Elmo (III.) murderer, has been tried and found not guilty, having clearly proven an alibi. A meeting was held at Nashville, Tenn. on the 13th, called by the Board of Trade, at which resolutions were passed asking Congress "to take from the Secretary of the Treasury all power over our circulation and prohibit his further contraction, but to increase the currency until equal in volume to the business wants of the country." James Berry, one of the reputed Unior Pacific train robbers, for whose arrest a reward of $500 was offered, besides a per centage upon the amount of money recover ed, was shot in the leg and eaptured by Sheriff Glasscock and posse of Audrair County, Mo., in Callaway County, near Will liamsburg, on the 14th. He had in his pos session $2,800 and a very fine gold watch. The Columbia Life Insurance Company o St. Louis, upon application to the Court by State Insurance Superintendent Relfe, has been enjoined from doing further business and will be placed in the hands of a receiver. The Citizens' Bank of Laporte, Ind. owned by Jacob and Simon Wile, suspended on the 15th. Liabilities about $70,000, which are said to be fully secured by the assets. Senator Morton was removed from Rich mond, Ind., to his home in Indianapolis on the 15th. His friends think that his con dition shows a marked improvement. The Kansas City Board of Trade have transmitted to Congress a memorial, asking that the Resumption act be forthwith repeal ed, the contraction of the currency stopped silver remonetized, and United States Treas ury notes be made a legal-tender. N. W. Heath, a studentin the Episcopaliat Theological Seminary at Topeka, Kansas shot and killed himself on the 16th. The probable cause was depression of spirité caused by ill health and poverty. He was about 30 years old, and leaves a mother it New York State. Later unofficial returns of the Ohio elec tion show a Democratic plurality on Gov ernor of about 20,000, with a majority o about 20 in the Legislature. The Republi can plurality in Iowa is about 40,000. Berry, the captured Union Pacific trait robber, died on the 16th at Mexico, Mo. from the effect of his wounds. Previous t his death he made a full confession, stating that he was one of the six men who robbe the express car at Big Springs. Collins who was killed, planned the robbery. Th names of the others, as known to the Ex press Company, are said to be correct After the robbery they all traveled 200 mile together and then separated in squads o