7967. National City Bank (Boston, MA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
609
Charter Number
609
Start Date
February 15, 1898
Location
Boston, Massachusetts (42.358, -71.060)

Metadata

Model
gpt-5-mini
Short Digest
466b557b

Response Measures

None

Description

Contemporary reports state the National City Bank of Boston went into voluntary liquidation by stockholder resolution dated Feb 15, 1898. No run or reopening is mentioned; this is a voluntary suspension leading to closure/liquidation.

Events (3)

1. December 6, 1864 Chartered
Source
historical_nic
2. February 15, 1898 Suspension
Cause
Voluntary Liquidation
Cause Details
Stockholders adopted a resolution for voluntary liquidation (comptroller bulletin cites resolution dated February 15, 1898).
Newspaper Excerpt
The National city bank of Boston went into voluntary liquidation.
Source
newspapers
3. February 15, 1898 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (2)

Article from The Irish Standard, February 19, 1898

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Article Text

MINOR NEWS ITEMS. For the Week Ending Feb. 16. The National city bank of Boston went into voluntary liquidation. Matilda J. Ballinger died in Bethel, Ill., aged 100 years and 8 months. Boxing and sparring exhibitions have been prohibited in St. Louis. Burglars blew open the safe in the Farmers' bank in Sheridan, Mo., and secured $3,000. Missouri prohibitionists will hold their state convention in Moberly on the 5th of May. Rev. C. O. Brown, D. D., has been expelled from the Chicago Congregational association. Levi P. Morton's seven-story office building in New York was burned, the loss being $500,000. At Gate City, Va., Miss Mollie Vincent shot her lover, Taylor Wyatt, and then committed suicide. In a quarrel over a letter Fred Kern killed his wife and then took his own life at Bellmont, Ill. A bill to submit a suffrage amendment was defeated in the Iowa senate by a vote of 50 to 47. In Howell county, Mo., in the vicinity of Siloam Springs, gold in paying quantities has been found. William H. Stickney, the oldest member of the Illinois bar, died at his home in Chicago, aged 89 years. George Washington Edwards (colored) was hanged at Senatobia, Miss., for the murder of Roxie Williams. The Carpenter Steel company in Reading, Pa., is working double time turning out projectiles for the navy. The fire loss throughout the country in January amounted to $9,472,000. against $12,049,700 in January, 1897. At Oakland, Cal., Judge Denny lowered the two-mile racing record for running horses, making the distance in 3:261/2. The Hoyt building in Cleveland, occupied principally by manufacturers of clothing, was burned, the loss being $375,000. David W. Ramsdell, who gained fame by the discovery in 1861 of "Norway oats," died in South Royalton, Vt., aged 74 years. At the national convention in Topeka, Kan., of the National Aid association blue was adopted as the official color of the society. Watson Denny, a wealthy farmer at St. Joseph, Mo., shot his wife fatally and then killed himself. Family trouble was the cause. Miss Isabella Franklin Jones, of Chicago, one of the leading Christian Scientists of the United States, died in Kansas City, Mo. Joseph W. Babcock, of Wisconsin, has for the third time been elected chairman of the republican congressional campaign committee, Henry Cline, chief of police of McKeesport, Pa., committed suicide by shooting. The council refused to confirm his appointment. According to the present plans of labor leaders a demand for the eighthour day will be made on May 1 next that will involve fully 1,000,000 men.


Article from The Herald, March 22, 1898

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Article Text

National Bank Changes The latest bulletin of the comptroller of the currency, dated March 14, 1898, gives the following, among other changes: Liquidation-The National City bank of Boston, Mass., by resolution of its stockholders, dated February 15, 1898. The First National bank of Waterville, Wash., by resolution of its stockholders, dated February 24, 1898. Insolvent-The Cheyenne National bank. Cheyenne, Wyo., J. R. Hanna receiver in place of J. W. Foster, to take effect March 10, 1898. The German National bank of Denver, Col., W. A. Platt receiver in place of Z. T. Hill, resigned, to take effect March 15, 1898. The Commercial National bank of Denver, Col., W. A. Platt receiver in place of F. Adams, resigned, to take effect March 15, 1898.