Kendall County Bank (Yorkville, IL)

Episode Information

Episode UID
8904915391124
Episode Type
Suspension → Closure
Bank Type
trust
Bank ID
890491539 hash
Start Date
August 18, 1893
Location
Yorkville, Illinois (41.641, -88.447)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
f4961bc006626128

Response Measures

None

Description

Owner name appears as M. R. / M. E. Cornell in different articles (OCR/variant).

Events (1)
1. August 18, 1893 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Closed because unable to realize on assets; assets ~$70,000, liabilities ~$65,000; steady withdrawals and inability to realize collaterals.
Newspaper Excerpt
The Kendall County Bank, a private concern owned by M. R. Cornell at Yorkville, Ill., closed its doors yesterday, owing to inability to realize on assets.
Source
newspapers

Newspaper Articles (6)
1. August 19, 1893 New-York Tribune New York, NY
Article from New-York Tribune, August 19, 1893

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Article Text

COULD NOT REALIZE ON THEIR ASSETS. SUSPENSION OF THE FOUR BANKS OF LEMAR. IOWA-OTHER BANK TROUBLES. St. Louis, Aug. 18.-A dispatch from Lemar. Iowa, says: The four banks at this place failed to open their doors this morning. They are the First National. capital $100,000; Lemar National, same capital; German-American Savings, $50,000 capital and German State Bank. $50,000. Each has a large sur plus of accounts, and the four have been ranked among the best institutions in the State. They closed because of the impossibility of getting cash. All were in good condition for ordinary times, but withdrawals of cash had been steady and collaterals could not be realized on. The action of the banks was a surprise. and has caused a panic in the town. Officers of the banks say they will pay every dollar when they can liquidate advantageously. Aurora. III., Aug. 18.-The Kendall County Bank. a private concern owned by M. R. Cornell at Yorkville, III., closed its doors yesterday. owing to Inability to realize on assets. The assets are placed at $70,000 and the Habilities at $65,000. Washington, Aug. 18.-Controller Eckels WaS to day informed that the People's National Bank of Winston, N. C., capital $100,000, had suspended.

2. August 24, 1893 The Worthington Advance Worthington, MN
Article from The Worthington Advance, August 24, 1893

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Article Text

A CONVENTION of the Pan-American Bimetallis association will be held in St. Louis on October 3 next. A CYCLONE near Humboldt, Neb., did great damage and Mrs. G. Schultz and her son were fatally injured and horses and cattle were killed. THE Union national bank at Racine and the banks at River Falls and Ellsworth, in Wisconsin, closed their doors. The private bank of Levi Hall at Oswego, III., and the Cardington Banking company at Cardington, O., also suspended. A BLAZE in St. Paul did $100,000 damage to the music house of W. J. Dyer & Bro. and Michael Clenan, a fireman, was killed. INTERPRETER YOSHIKAWA and Commissioner Minano, Japanese representing their government at the world's fair, have been converted to Christianity. THE impeachment of President Cleveland and Secretary Carlisle is demanded by the Advocate, the organ at Topeka of the Kansas populists, for failure to purchase the prescribed quantity of silver in July. THREE cars were dropped 60 feet by the giving way of a bridge near Milton, Va., and seven persons were killed and four injured. THE First national bank at Dubuque, Ia., the bank at Albany, Mo., and the Kendall county bank at Yorkville, III., closed their doors. MARTIN SCHULTZ and -his wife, an aged couple living near Cherokee, Ia., were murdered and their home ransacked by robbers. THE doors of the National bank of commerce at Denver, Col., have reopened for business. IN Cincinnati the Standard Wagon company, one of the largest concerns of the kind in the west, failed for $700,000; assets, $1,200,000. By a collision on the Chicago, Milwaukee & St. Paul railroad near Dubuque, Ia., twelve persons were injured THE death of John Logan Chipman, member of congress from the First district of Michigan, occurred at his home in Detroit, aged 63 years. THE Nebraska democrats will hold their convention at Lincoln October 4. IN a fit of anger Cyrus Brown, of Cincinnati, shot and killed his wife, to whom he had been married thirty years. VIRGINIA democrats in convention at Richmond nominated Charles T. O'Ferrall for governor and R. C. Kent for lieutenant governor. THE four banks in Le Mars, Ia., suspended. They were the First national and Le Mars national, with a capital of $100,000 each, and the Le Mars state and German savings banks. DRINKING water from an impure well caused the death of three children of J. L. Casey, of Little Rock, Ark., and the rest of the family were seriously ill, A TRACTION engine near Martin's Ferry, o., became unmanageable and ran backward down a hill, killing Carrie and Nellie Ackerman, aged 5 and 11 years, respectively, and fatally injuring Ella King. A FIRE at Benton, III., destroyed the city hall, post office and the Chronicle office. J. S. JOHNSON made 3 miles in 7:55% in a bicycle race at Minneapolis, lowering the record 15 1/4 seconds. BUSINESS has been resumed by the First national bank of Anthony, Kan., which suspended payment in July. A MOB wear Morganfield, Ky., lynched Charles Watson, a negro who cut the throat of little Sam Keith, 10 years old, to secure four dollars. WILLIAM J. JAMISON (colored), who murdered Supervisor Charles N. Aaron April 19, 1892, was hanged at Quincy, III. This was the third hanging in Quincy in sixty-five years. WITHIN ten days twenty members of the Meacham gang have been killed near Jackson, Ala., and five others were surrounded, but escaped.

3. August 24, 1893 River Falls Journal River Falls, WI
Article from River Falls Journal, August 24, 1893

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Article Text

INTERPRETER Yoshikawa and Com missioner Minano, Japanese represent ing their government at the world's fair, have been converted to Christianity. THE impeachment of President Cleveland and Secretary Carlisle is demanded by the Advocate, the organ at Topeka of the Kansas populists, for failure to purchase the prescribed quantity of silver in July. THREE cars were dropped 60 feet by the giving way of a bridge near Milton, Va., and seven persons were killed and four injured. THE First national bank at Dubuque, Ia., the bank at Albany, Mo., and the Kendall county bank at Yorkville, III., closed their doors. MARTIN SCHULTZ and his wife, an aged couple living near Cherokee, Ia., were murdered and their home ransacked by robbers. IN Cincinnati the Standard Wagon company, one of the largest concerns of the kind in the west, failed for $700,000; assets, $1,200,000. By a collision on the Chicago, Milwaukee & St. Paul railroad near Dubuque, Ia., twelve persons were injured THE death of John Logan Chipman, member of congress from the First district of Michigan, occurred at his home in Detroit, aged 63 years. THE Nebraska democrats will hold their convention at Lincoln October 4. IN a fit of anger Cyrus Brow n, of Cincinnati, shot and killed his wife, to whom he had been married thirty years. VIRGINIA democrats in convention at Richmond nominated Charles T. O'Ferrall for governor and R. C. Kent for lieutenant governor. THE four banks in Le Mars, Ia., suspended. They were the First national and Le Mars national, with a capital of $100,000 each, and the Le Mars state and German savings banks. DRINKING water from an impure well caused the death of three children of J. L. Casey, of Little Rock, Ark., and the rest of the family were seriously ill. A TRACTION engine near Martin's Ferry, O., became unmanageable and ran backward down a hill, killing Carrie and Nellie Ackerman, aged 5 and 11 years, respectively, and fatally injuring Ella King. A FIRE at Benton, III., destroyed the city hall, post office and the Chronicle office. J. S. JOHNSON made 3 miles in 7:55% in a bicycle race at Minneapolis, lowering the record 15 1/4 seconds. BUSINESS has been resumed by the First national bank of Anthony, Kan., which suspended payment in July. A MOB near Morganfield, Ky., lynched Charles Watson, a negro who cut the throat of little Sam Keith, 10 years old, to secure four dollars. WILLIAM J. JAMISON (colored), who murdered Supervisor Charles N. Aaron April 19, 1892, was hanged at Quincy, III. This was the third hanging in Quincy in sixty-five years. WITHIN ten days twenty members of the Meachain gang have been killed near Jackson Ala., and five others were surrounded, but escaped. BY the upsetting of a boat Mrs. Foster, her two children and her sister weredrowned at Bonnot's mill, 12 miles east of Jefferson City, Mo. NEAR Fort Smith, Ark., Charles Tart, a federal prisoner, was lynched by a mob for wounding Capt. C. C. Peete with a gun during a struggle. DOUGLASS CURTIS, of Chicago, as the result of a long spree, killed his child, fatally wounded his wife, and then took his own life. MRS. Anna E. SCHOLTKA, after forty years of married life, brought suit at Milwaukee for divorce from Christian Scholtka on the charge of cruelty. The couple have nineteen children. BUSINESS was resumed by the Union and People's national banks at Denver, Col., after a short suspension. NEAR Hunnewell, Kan., four haymakers were killed in a eollision with a company of soldiers who were clearing the Cherokee strip of intruders. A MOB lynched Monroe Smith(colored) for an attempted assault at Old Spring Hill, Ala. FIRE destroyed a large portion of the town of Dickson, Tenn.

4. August 24, 1893 Warren Sheaf Warren, MN
Article from Warren Sheaf, August 24, 1893

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Article Text

A CONVENTION of the Pan-American Bimetallis association will be held in St. Louis on October 3 next. A CYCLONE near Humboldt, Neb., did great damage and Mrs. G. Schultz and her son were fatally injured and horses and cattle were killed. THE Union national bank at Racine and the banks at River Falls and Ellsworth, in Wisconsin, closed their doors. The private bank of Levi Hall at Oswego, Ill., and the Cardington Banking company at Cardington, O., also suspended. A BLAZE in St. Paul did $100,000 damage to the music house of W. J. Dyer & Bro. and Michael Clenan, a fireman, was killed. INTERPRETER YOSHIKAWA and Commissioner Minano, Japanese representing their government at the world's fair, have been converted to Christianity. THE impeachment of President Cleveland and Secretary Carlisle is demanded by the Advocate, the organ at Topeka of the Kansas populists, for failure to purchase the prescribed quantity of silver in July. THREE cars were dropped 60 feet by the giving way of a bridge near Milton, Va., and seven persons were killed and four injured. THE First national bank at Dubuque, Ia., the bank at Albany, Mo., and the Kendall county bank at Yorkville, Ill., closed their doors. MARTIN SCHULTZ and his wife, an aged couple living near Cherokee, Ia., were murdered and their home ransacked by robbers. THE doors of the National bank of commerce at Denver, Col., have reopened for business. IN Cincinnati the Standard Wagon company, one of the largest concerns of the kind in the west, failed for $700,000; assets, $1,200,000. By a collision on the Chicago, Milwaukee & St. Paul railroad near Dubuque, Ia., twelve persons were injured THE death of John Logan Chipman, member of congress from the First district of Michigan, occurred at his home in Detroit, aged 63 years. THE Nebraska democrats will hold their convention at Lincoln October 4. IN a fit of anger Cyrus Brown, of Cincinnati, shot and killed his wife, to whom he had been married thirty years. VIRGINIA democrats in convention at Richmond nominated Charles T. O'Ferrall for governor and R. C. Kent for lieutenant governor. THE four banks in Le Mars, Ia., suspended. They were the First national and Le Mars national, with a capital of $100,000 each, and the Le Mars state and German savings banks. DRINKING water from an impure well caused the death of three children of J. L. Casey, of Little Rock, Ark., and the rest of the family were seriously ill. A TRACTION engine near Martin's Ferry, O., became unmanageable and ran backward down a hill, killing Carrie and Nellie Ackerman, aged 5 and 11 years, respectively, and fatally injuring Ella King. A FIRE at Benton, Ill., destroyed the city hall, post office and the Chronicle office. J. S. JOHNSON made 3 miles in 7:15% in a bicycle race at Minneapolis, lowering the record 15 1/4 seconds. BUSINESS has been resumed by the First national bank of Anthony, Kan., which suspended payment in July. A MOB near Morganfield, Ky., lynched Charles Watson, a negro who cut the throat of little Sam Keith, 10 years old, to secure four dollars. WILLIAM J. JAMISON (colored), who murdered Supervisor Charles N. Aaron April 19, 1892, was hanged at Quincy, Ill. This was the third hanging in Quincy in sixty-five years. WITHIN ten days twenty members of the Meacham gang have been killed near Jackson, Ala., and five others were surrounded, but escaped. FOREIGN INTELLIGENCE. THE decision rendered in Paris by the court of arbitration on the subject of the dispute between the United States and Great Britain as to the rights of seal fishing in Behring sea was in favor of Great Britain on every point of real dispute. A STORM wrecked a fishing boat in the Baltic off Hapsal, Russia, and many boats floundered and seventeen persons were drowned. BY the capsizing of a boat in Carrigaholt bay seventeen of an excursion party from Kilkee, Ireland, were

5. August 26, 1893 The Cape Girardeau Democrat Cape Girardeau, MO
Article from The Cape Girardeau Democrat, August 26, 1893

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Article Text

ing their government at the world's fair, have been converted to Christianity. THE impeachment of President Cleveland and Secretary Carlisle is demanded by the Advocate, the organ at To peka of the Kansas populists. for failure to purchase the prescribed quantity of silver in July. THREE cars were dropped 60 feet by the giving May of a bridge near Milton, Va., and seven persons were killed and four injured. THE First national bank at Dubuque, I Ia., the bank at Albany. Mo., and the Kendall county bank at Yorkville, III., I closed their doors. e MARTIN SCHULTZ and his wife, an aged couple living near Cherokee, Fa., were murdered and their home ransacked by robbers. THE doors of the National bank of commerce at Denver, Col., have re opened for business. is Cincinnati the Standard Wagon company, one of the largest concerns of the kind in the west, failed for $700,000; assets, $1,200,000. Br a collision on the Chicago, Milwaukee & St. Paul railroad near Dubuque, Ia., twelve persons were injured THE death of John Logan Chipman, member of congress from the First dis triet of Michigan, occurred at his home in Detroit, aged 63 years. THE Nebraska democrats will hold their convention at Lincoln October 4. IN a fit of anger Cyrus Brown, of Cincinnati, shot and killed his wife, to whom he had been married thirty years. VIRGINIA democrats in convention at Richmond nominated Charles T. O'Ferrall for governor and R. C. Kent for lieutenant governor. THE four banks in Le Mars, Ia., suspended. They were the First national and Le Mars national, with a capital of $100,000 each, and the Le Mars state and German savings banks. DRINKING water from an impure well caused the death of three children of J. L. Casey, of Little Rock, Ark., and the rest of the family were seriously ill. A TRACTION engine near Martin's Ferry. O., became unmanageable and ran backward down a hill, killing Carrie and Nellie Ackerman, aged 5 and 11 years, respectively, and fatally injuring Ella King. A FIRE at Benton, Ill., destroyed the city hall, post office and the Chronicle office. J. S. JOHNSON made 3 miles in 7:53/4 in a bicycle race at Minneapolis, lowering the record 1514 seconds. BUSINESS has been resumed by the First national bank of Anthony, Kan., which suspended payment in July. A MOB near Morganfield, Ky., lynched Charles Watson, a negro who cut the throat of little Sam Keith, 10 years old, to secure four dollars. WILLIAM J. JAMISON (colored), who murdered Supervisor Charles N. Aaron April 19. 1892. was hanged at Quiney, III. This was the third hanging in Quiney in sixty-five years. WITHIN ten days twenty members of the Meacham gang have been killed near Jackson, Ala., and five others were surrounded, but escaped.

6. August 29, 1893 The Progressive Farmer Raleigh, Winston-Salem, Winston, NC
Article from The Progressive Farmer, August 29, 1893

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Article Text

SIX BANKS CLOSE. LE Mars, Iowa, Aug. 18.-All the banking institutions of this city-four in inumber-havesuspended. They are the First National Bank, with a capital of $100,000; Lemar National Bank, cap ital $100,000, German American Sav ings Bank, capital $50,000, and the German State Bank, which also has a capital of $50,000. AURORA, August 18.-The Kendall County Bank, a privateconcern, owned by M. E. Cornell, in Yorkville, Illinois. closed its doors yesterday owing to the inability to realize on assets. The as sets are placed at $70,000 and the lia bilities at $65,000. DENVER, Col., Aug. 18.-John B. Koetting, the absconding cashier of the South Side Savings Bank of Milwaukee, was captured in Denver last night. He arrived here August 5th and was recognized, but eluded the detectives, went directly to St. Anthony's Hospital, on the outskirts of the city, under the name of Herman and obtained a room, shamming illness. Only $200 of the $199,000 said to have been taken by him was found on him.