Dennison Deposit Bank (Dennison, OH)

Episode Information

Episode UID
8570407491159
Episode Type
Suspension โ†’ Closure
Bank Type
trust
Bank ID
857040749 hash
Start Date
July 29, 1896
Location
Dennison, Ohio (40.393, -81.334)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
a79f7215b06b9913

Response Measures

None

Description

Reports state liabilities ~ $100,000 vs assets ~$60,000 and an assignee/receiver was named.

Events (2)

1. July 29, 1896 Receivership
Newspaper Excerpt
closed its doors to-day and assigned to E. M. Balley (Bailey), of New Philadelphia, O.
Source
newspapers
2. July 29, 1896 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank closed and assigned to a receiver; liabilities ~ $100,000 while assets ~ $60,000 indicating insolvency.
Newspaper Excerpt
The Dennison Deposit bank closed its doors today and assigned to E. M. Bailey of New Philadelphia, Ohio.
Source
newspapers

Newspaper Articles (11)

Article from The Wheeling Daily Intelligencer, July 30, 1896

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Article Text

CLOSED ITS DOORS. Dennison Deposit Bank Falls-Depositors Indiguant. CLEVELAND, O., July 29.-A special from Dennison, O., says: The Dennison Deposit Bank closed its doors to-day and assigned to E. M. Balley, of New Philadelphia, O. No authoritative statement has yet been issued of the standing of the bank. but the liabilities will reach $100,000. while the assets will hardly cover $60,000. Charles Johnson, the president. refused to be interviewed. The feeling against the bank Is very bitter, ns It is generally known that It accepted deposits last night after business hours.


Article from The Saint Paul Globe, July 30, 1896

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AN OHIO BANK BREAKS. A Failure at Dennison Gives Rise to Some Feeling. Cleveland, O., July 29.-A special from Dennison, O., says: The Dennison Deposit bank closed its doors today and assigned to E. M. Bailey of New Philadelphia, Ohio. No authoritative statement has yet been issued of the standing of the bank but liabilities will reach $100,000, while the assets will hardly cover $60,000. Charles J. Johnson, the president, refused to be interviewed. The feeling against the bank is very bitter as it is generally known that it accepted deposits last night after business hours.


Article from The Salt Lake Herald, July 30, 1896

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Article Text

HOME AFFAIRS. CLEVELAND, O., July 29.-A special from Dennison, Ohio, says: The Dennison Deposit bank closed its doors today and assigned to E. M. Bailey of New Philadelphia, Ohio. The liabilities will reach $100,000, while the assets will hardly cover $60,000.


Article from The Providence News, July 30, 1896

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Article Text

Date Closes Shop. Dennison, O., July 30.-The Dennison Deposit bank closed its doors yesterday, and assigned to E. M. Bailey. The liabilities will reach $100,000, while the assets will hardly cover $50,000. The feeling against the bank is very bitter, as it is generally known that it accepted deposits Tuesday night, after business hours.


Article from The Topeka State Journal, July 30, 1896

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Article Text

Dennison o., Bank Fails. Cleveland, O., July 30.-A special from Dennison, 0., says: The Dennison Deposit bank has closed its doors and assigned to E. M. Bailey of New Philadelphia O. The liabilities will reach $100,000 while the assets will hardly cover $60,000.


Article from The Copper Country Evening News, July 31, 1896

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Creditors WIII Lose $40,000. DENNISON, O., July 31.-The Dennison Deposit bank has closed its doors and assigned to E M. Bailey, of New Phila delphia, O. No authoritative statement has yet been issued, but the liabilities will reach $100,000. while the assets will hardly cover $00,000.


Article from The Diamond Drill, August 1, 1896

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BANK CLOSES ITS DOORS. Bitter Feeling Against the Institution at Dennison, o. Dennison, O., July 30.-The Dennison deposit bank closed its doors Wednesday and assigned to E. M. Bailey, of New Philadelphia, O. No authoritative statement has yet been issued of the standing of the bank, but the liabilities will reach $100,000, while the assets will hardly cover $60,000. Charles Johnson, the president. refused to be interviewed. The feeling against the bank is very bitter, as it is said that it accepted deposits Tuesday night after business hours.


Article from The Representative, August 5, 1896

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BUSINESS FAILURES. Still Going Down Like Rows of Bricks. Winona, Minn., July 30.-R. A. Foster & Co., extensive dealers in cold storage eggs, made avoluntary assignment to W. R. Foster this morning. No schedule is yet made out, but the liabilities are understood to be $50,000, with assets of possibly a tenth of that amount. The warm weather of last winter caused the firm a loss of $40,000, and business has been poor all summer. The winter before last Foster made a good speculation by cornering the Chicago egg market. New York, July 30.-Aron Kuhn and Moses Rosenblatt, who composed the firm of Dreyfeus, Kuhn & Co,, silk and commission merchants, today assigned to Levi L. Gans and Oscar E. Rosenheim, with preferences. The amount involved is reported to be about $300,000. They have been in business about twenty-eight years. Boston, July 30.-W. B. Clarke & Co., one of the most prominent of the bookselling firms of the city, has made an assignment for the benefit of creditors. W. B. Clarke organized the firm in 1874. No figures are given. Milwaukee, Wis., July 30.-The assets of the Moore manufacturing plant were bought today at auction by John M. Stowell. Mr. Stowell bid $10,000 and took the property subject to preferred claims amounting to $10,000 and a chattel mortgage of $12,000. A new company will be formed, with Mr. Stowell as president and Charles E. Sammond as secretary and treasurer. The new company will resume work at the plant within a few days. Whitehall, Ill., July 30.-An assignment was made today by M. E. Blatchley, miller and grain dealer. Frank B. Stubblefield is named as assignee. Assets are estimated at $30,000, liabilities $25,000. Dennison, Ohio, July 30.-The Dennison Deposit Bank closed its doors Wednesday and assigned to E. M. Bailey of New Philadelphia, Ohio. No authoritative statement has yet been issued of the standing of the bank, but the liabilities will reach $100,000, while the assets will hardly cover $60,000. Charles Johnson, the president, refused to be interviewed. The feeling against the bank is very bitter, as it is generally known that it accepted deposits Tuesday after business hours.


Article from South Branch Intelligencer, August 6, 1896

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THE NEWS. The two negroes who attempted to assassinate Col. C. D. Hunter near Selma, Ala, weap lynched - Vietor Nottingham and Edward Wilson were sentenced in Norfolk to five years in the penitentiary for the murder of Allen Jones Smith, a boy, was arrested in Huntington, W. Va., for horsestealing - small boardwalk at Atlantic City collapsed, and several young people were badly hurt.-Two passenger traing on the Illinois Central, while running at full speed, collided. Two were killed and a number injured.- Columbus Buggy Company, of Columbus, 0., made an assignment--The death list at the Atlantic City disaster is now placed at forty-four, of whom forty have been identified-It has been found that Frank Donnelli, who. was supposed to have leaped from the steamer Poeahontas into the James River, was murdered. -William Hawkirs, a bartender, was killed in Chicago by J. G. English and his sister Nellie. He had deceived the gir!,-------------------John Webster shot his mother in Laport, Ind., because she refused to give him money. -J. George Smith, manufacturer of spring and iron bedsteads, at Chicago, made an assignment to A. S. Tobias, an employe of the firm. Assets are given at $55,000 and liabilities $18,000. An unknown woman riding a bike ran down and killed Wm. Klink In Chicago.โ€” Frank Owens, a brickmason, of Brooklyn, N. Y., who had been working in Kent, 0, recelved his pay and went on a spree. He was arrested in Akron, O., while intoxicated, and attempted to hang himself in his cell at the city prison with his suspender. He was discovered and cut down before harm was done.-Two men robbed a faro bank at Newport, Ky.-The East Chicago Iron and Steel Company,of Hammond, Ind., has made an assignment - Bert Green, colored, convicted of the murder of Miles P. Mitchell, near Whiteville, Hardeman county, in December last, was hanged at Jackson, Tenn. -Henry Lyons, who killed his wife near Mt. Pleasant, W. Va., went to the home of his mother and committed enicide Charles De Heart, a farmer in Patrick county, Va., who had given information to revenue officers about moonshiners, was found dead in a field shot through the head. The Pennsylvania Railroad Company has decided to stop all work on Its lines wherever possible, In order to reduce expenses.The Dennison Deposit Bank at Dennison, o., made an assignment. Liabilities over $100,000; assets $60,000 -Joseph Greidler, of Minnesota, a crack bicycle racer, was killed on the track at Lima, O. Edward Burt ank, one of the robbers of the Cripple Creek stage coach, has been caught. -The Civie Federation of Chicago, claims to have wholesale evidence of police corruption in that city.-Two masked men robbed the Illinois Central Station at Walker, a station between Springfield and Clinton in Illinois. Agent Campbell was shot and probably fatally wounded by the robbers. -Colonel John Hallam, an Arkansas attorney, shot and fatally wounded Rev. W. O. Forbes, a prominent Baptist minister in Texarkana, Ark.-Ephraim Glover, a prominent citizen of Haddonfield, N. J., was instantly killed by being struck by the Atantic City express on the Camden and Atjantic road.-Edward Johnson struck John Hildeberg, of Perth Amboy, N.J., a blow in the jaw that killed him.-James Casherega, alias George Wilson, was hanged in the federal jall at Fort Smith, Ark, for murdering a man named Thack for the purpose of robbery. He protested his innocence on the gallows.-Andrew Todd, of North Adaws, Mass., was arranged before United States Commissioner Fiske in Boston on a charge of robbing a postal car at Newport, Vt., and was held for court.--W. C. Burt, of Austin, Tex., murdered his wife and two little children, and placed their dead bodies in a cistern.-A number of persons were killed and injured in a railroad wreck at the crossIng of the West Jersey and Atlantic Cityrailroads on the meadows just outside of Atlantic City. Fifty people were overcome by the heat in St. Louis. Of these ten died. Wm. Fink, of Carlisle, P.โ‚., has been arrested in Chicago on a charge of forgery.-Two masked men shot George Hetzler, a saloonkeeper in Cincinnati, who refused to give up hismoney. One of the robbers was arrested.-The Ancient and Honorable Company of A-tillery reached Boston, from their excursion to England and France. When the steamer had reached her berth, a letter from Mayor Quincy was handed to Colonel Walker, in which the company was congratulated on its safe return.--Revised lists of the dead and injured by the railroad wreck on the meadOWS near Atlantic City show that forty-seven persons were killed and forty-three injured George F. Hauser, who had charge of the signal tower near where the accident occured, was arrested pending the investigation by the coroner's jury.


Article from Highland Recorder, August 7, 1896

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The two negroes who attempted to assassinate Col. C. D. Hunter near Selma, Ala, were lynched -Victor Nottingham and Edward Wilson were sentenced in Norfolk to five years in the penitentiary for the murder of Allen Jones ----Guy Smith n boy, was arrested in Huntington, W. Va., for horsestealing ----A small boardwalk at Atlantic City collapsed, and several young people were badly hurt Two passenger traing on the Illinois Central, le running at full speed, collided Two were killed and a number injured -The Columbus Buggy Company, of Columbus, 0., made an assignment.--The death list at the Atlantic City disaster is now placed at forty-four, of whom forty have been identified It has been found that Frank Donnelli, who was supposed to have leaped from the steamer Pocahontas into the James River, was murdered, -William Hawkins, a bartender, was killed in Chicago by J. G. English and his sister Nellie, He had deceived the gir John Webster shot his mother in Laport, Ind., because she refused to give him money. J. George Smith, manufacturer of spring and iron bedsteads, at Chicago, made an assignment to A. 8. Tobias, an employe of the firm. Assets are given at $55,000 and liabilities $18,000 An unknown woman riding a bike ran down and killed Wm. Klink in Chicago. Frank Owens, a brickmason, of Brooklyn, N. Y., who had been working in Kent, 0, received his pay and went on a spree. He WAS arrested in Akron, O., while intoxicated, and attempted to hang himself in his cell at the city prison with his suspender. He was dis covered and cut down before harm was done. Two men robbed a faro bank at Nowport, Ky. -The East Chicago Iron and Steel Company, of Hammond, Ind., has made an assignment Bert Green, colored, convicted of the murder of Miles P. Mitchell, near Whiteville, Hardeman county, in Decomber last, was hanged at Jackson, Tenn. -Henry Lyons, who killed his wife near Mt. Pleasant, W. Va., went to the home of his mother and committed suicide Charles De Heart, a farmer in Patrick county, Va., who bad given information to rev. enue officers about moonshiners, was found dead in a field shot through the head. The Pennsylvania Railroad Company has decided to stop all work on its lines wherever possible, in order to reduce expenses The Dennison Deposit Bank at Dennison, O., an Liabilities over $60,00 of a crack was killed 000; made Minnesota, assets assignment. bicycle -Joseph racer, Greidler, $100, on the track at Lima, O. George McConnell, grand keeper of records and seals of K. of P. of Oregon, has disappeared. His accounts are short 82,000 The main auditorium of the Frankford Music Hall inFfankford,asuburbeot Philadelphia, was destroyed 'by fire, The loss will amount to $20,000. The origin of the fire is unknown The building was 50 G. Elliott & made an 150 ufacturers in Philadelphia, Co., paper assign- man- by Tillinghast, of the R..I directed a the of ment.--Judge trance Court of of Providence, decree forfeiting charter Appellate the enthe Commercial Mutual Fire Insurance Company, restraining the president and other officers of the company from transacting any insurance business in the name of the company, and appointing James C. Collins, Jr. receiver, -Sheriff David Douglass and an were found in near Navada Cal each other. -Filteen unknown the probably woods killed highwayman City, They dead miners had were drowned, several other lives were lost thirty-six persons were injured, many of them by lightning, and property valued a $100,000 destroyed in the storm that swept over Pittsburg and vicinity Monday night The storm also did great damage in other parts of Pennsylvania. Edward Burl hok, on3 of the robbers of the Cripple Creek stage coach, has been caught -The Civic Federation of Chicago, claims to have wholesale evidence of police cor ruption in that city ----Two masked men robbed the Illinois Central Station at Walker a station between Springfield and Clinton in Illinois, Agent Campbell was shot and probably fatally woulded by the robbers -Colonel John Hallam, an Arkansas at torney, shot and fatally wounded Rev. W. O. Forbes, a prominent Baptist minister in Texarkana, Ark, Ephraim Glover, prominent citizen of Haddonfield, N. J., was instantly killed by being struck by the At antie City express on the Camden and Atjantic road. -Edward Johnson struck John Hildeberg, of Perth Amboy, N.J. a blow in the him. -James was in the Smith, for eral alias jaw jail George that killed at Fort Wilson, Ark hanged Casherega, undering fedman for the of bery. his innocence on gal of North lows.--Andrew named He protested Thack Todd, purpose Adaws the rob was before United in Boston on a postal car at Mass., of Commissioner robbing arranged Fiske Newport, a Vt., charge States and was court W. C. Aus his wife and little tin, Tex., held for murdered Burt, two of children, and placed their deac bodies in cistern.- --A number of persons were kille and injured in a railroad wreck at the cross ing of the West Jersey and Atlantic City rail roads on the meadows just outside of Atlan tic City. Fifty people were overcome by the heat St. Louis. Of these ten died Wm. Fi of Carlisle, Pa, has been arrested in Chi cago on a charge of forgery.--Two maske men shot George Hetzler, a saloonkeeper f Cincinnati, who ref sed togiveup hismon robbers was arrested. of A tiller cient One reached of and the Honorable Company -The A e Boston, from their excursion 9 and France. When S her berth, a letter from 1 England Quincy had reached the eteame Maye was handed to Colonel Walker, which the company was congratulated on r safe return. Revised lists of the dead at / injured by the railroad wreck on the mea I OWS near Atlantic City show that forty-sex


Article from Iowa County Democrat, August 13, 1896

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The Maryland democratic association held a meeting in Washington and in- dorsed the Chicago nominees and platform. The Dennison (Ohio) Deposit bank has closed its doors, The liabilities are placed at $100,000 and the assets at $60.000. A receiver has been appointed for the Liberty Cycle company, at New York city. The liabilities are said to be $202.000. The Holman friction-geared locomotive showed a speed of ninety-four miles an hour in a trial in New Jersey yesterday. There is a clause in the financial plank of the Chicago platform which is found not to have been adopted by the convention. In New York it is rumored that Richard Croker will return from Europe by September 1 and that he is against the Chicago ticket. The governments of the United States and Honduras have entered into a parcels-post convention, to be operative on September 1. Water is stored in South Dakota by means of a canal and dams in a river to irrigate farme. The results are very satisfactory. The president has appointed John Sheridan, of West Virginia, to be a government director of the Union Pacific railway. A Georgia populist says the democrats will be guilty of a breach of faith if they do not put up Watson electors, Sewall retiring. Col. Calvin Fletcher Burns, president of the National bank of St. Joseph, Mo., died. He leaves an estate valued at four million dollars. The Brown Hoisting Works employees at Cleveland struck again, and ima resultant riot one of the union men was fatally shot. Postmaster General Wilson has issued an order warning railway postal clerks against "pernicious activity" in the political campaign. United States Senator E. O. Wolcott, of Colorado, issued an address to the republicans of the state in favor of the republican national ticket. Ponsions allowed to Wisconsin applicants are as follows: Original-Rudolph Schmalfuss, Cleveland, Renewal and Increase Henry Rosenberg. Tess Corners; Thomas Kansure, Boaz. Original Widows, etc. Anna Raedel, Eau Claire; Roseannah Ware, Terrill; Catherine Killoy, Ithica. A company of forty Cretans have been recruited in New York who will sail for thier native land and fight their Turkish oppressors. Leading Colorado republicans will demand the resignation of Senator Wolcott because of his support of the national republican ticket. William F. Harrity of Pennsylvania, until recently chairman of the democratic national committee, announces that he has retired from politics. The republican state convention of Washington will be held at Tacoma, August 26, to nominate presidential electors and a full state ticket. Mr. and Mrs. George Knapp were married at Creston, Iowa, and went to Des Moines. The bride went shopping with $500 and has not been seen since. Fire at Garden Prairie, 111., destroyed a number of buildings, including the Congregational church. The loss is heavy, with but little insurance. Mrs. A. S. Rosenthal of New York has learned that she is one of six heirs to Melbourne, Australia, property worth $25,000,000, left by her grandfather. An Illinois man says Schweinfurth, the pretended Messiah, acknowledged himself a fraud. Schweinfurth is reported about to marry a woman in Minneapolis. Rev. Engelbert Stehle, rector of St. Joseph's Roman Catholic church, Cincinnati, Ohio, died in Basle, Germany. He was born in Groenmgen, Germany in 1821. Herbert Spencer, who was discovered in a hospital in Philadelphia about a week ago, having completely lost his memory, has been taken home to Lawrence, Kan. Mrs. Josephine Widener, wife of P. A. B. Widener, of Philadelphia, was found dead of heart disease in her stateroom on the yacht Josephine, at Bar Harbor. Rev. W. A. Forbes was shot and killed at the Cotton Belt depot, near Texarkana, Tex., by Col. John B. Hallum. The cause of the shooting is not known. Mr. McKinley, in speaking to a delegation from Knoxville, Pa., a suburb of Pittsburg, said that the tariff question would not be settled until a new law was passed. A boy stolen from Ireland a year and a half ago is found with his alleged abductor, a blind man, in North Dakota. The boy was badly injured by