J. J. Nicholson & Sons - Baltimore, MD

Bank Information

Episode Type: Suspension → Closure
Bank Type: private
Start Date: January 20, 1891
Location: Baltimore, Maryland (39.290, -76.612)

Metadata

Model: gpt-5-mini
Short Digest: 9f7f32fe

Response Measures

None

Description

Article (citing Baltimore Sun, Jan 20, 1891) states the banking firm is 'suspended' and refers to 'trustees of the suspended banking firm' and 'the failure', implying permanent closure/liquidation rather than a temporary suspension or a depositor run. No mention of a depositor run. Dates inferred from the cited Baltimore Sun date.

Events (2)

1. January 20, 1891 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Bank failure leading to suspension; trustees appointed and legal actions (attachments) for recovery of deposits indicate insolvency or collapse.
Newspaper Excerpt: The trustees of the suspended banking firm of J. J. Nicholson & Sons do not think that any additional firms will be caused to suspend by the failure. Two attachments were sued out against the bank for the recovery of deposits.
Source: newspapers

2. * Other

Newspaper Excerpt: Two attachments were sued out against the bank for the recovery of deposits; trustees of the suspended banking firm ... (indicating liquidation/legal actions).
Source: newspapers

Newspaper Articles (1)

1. January 28, 1892 Saint Mary's Beacon Leonardtown, Lexington Park, MD

Article from Saint Mary's Beacon, January 28, 1892

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Article Text

# NEWS IN BRIEF. From the Baltimore Sun. Wednesday, January 20, 1891. Representative McKaig will today introduce a bill to refund to Frederick, Md., $200,000 exacted by General Early during the late war. Judge Burke, of Baltimore county, has prepared an act to be submitted to the Legislature limiting the sessions of the county grand jury. The trustees of the suspended banking firm of J. J. Nicholson & Sons do not think that any additional firms will be caused to suspend by the failure. Two attachments were sued out against the bank for the recovery of deposits. On December 30 a force of 2,000 Dahomeyans made an attack upon Kotonou, on the west coast of Africa, which is defended by a French garrison. After a gallant defense of three hours the French troops made a sortie and the at-