City National Bank - Birmingham, AL

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 3993
Charter Number: 3993
Start Date: January 5, 1895
Location: Birmingham, Alabama (33.521, -86.802)

Metadata

Model: gpt-5-mini
Short Digest: 62955865

Response Measures

None

Description

Article (Birmingham Age-Herald, 1895-01-05) reports the City National Bank will go into voluntary liquidation and have its business turned over to the Berney National Bank. No run is mentioned; this is a voluntary suspension/closure and transfer.

Events (3)

1. March 18, 1889 Chartered

Source: historical_nic

2. January 5, 1895 Suspension

Cause: Voluntary Liquidation
Cause Details: Voluntary liquidation: stockholders expected to approve transfer of business to Berney National Bank and retirement from business by City National's owner.
Newspaper Excerpt: The City National bank will go into voluntary liquidation in a few days, the business of the bank being turned over to the Berney National bank.
Source: newspapers

3. January 8, 1895 Voluntary Liquidation

Source: historical_nic

Newspaper Articles (1)

1. January 5, 1895 Birmingham Age-Herald Birmingham, AL

Article from Birmingham Age-Herald, January 5, 1895

Click image to open full size in new tab

Article Text

CITY NATIONAL BANK TO BE MERGED WITH THE BERNEY NA. TIONAL-DIRECTORS MEETNEXT WEEK. The City National bank will go into voluntary liquidation in a few days, the business of the bank being turned over to the Berney National bank. Mr. B. B. Comer is president of the City National bank. and owns a majority of its capital stock. It is understood that he lavors voluntary liquidation, but the stockholders will have to pass on the question before any definite action can be taken. However, as Mr. Comer is in favor of transferring the City National bank's business to another similar institution and the retirement from business of his own bank, there can hardly be any question of the E cheme going through. The directors will hold their annual meeting next week, at which time they will pass on the question. The City National bank began business about eight years ago and has a capital stock of $100,000. Its business is in splendid shape, and its suspension will be for the purpose of enabling the stockholders to engage in other business. Mr. Comer, it is understood, intemplates heading a company to build a cotton factory. He is also interested in a large grist millin the city, which requires most of his time. Mr. Joun H. Barr, who is cashier of the City National, will be given the position of assistant cashier of the Berney National bank. Deligate