gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
14040b89d3f5e4ca
Response Measures
None
Events (3)
1.March 16, 1865Chartered
Source
historical_nic
2.March 20, 1874Voluntary Liquidation
Source
historical_nic
3.April 8, 1874Suspension
Cause
Voluntary Liquidation
Cause Details
Bank voluntarily surrendered its charter and quit business; note holders asked to present notes for replacement.
Newspaper Excerpt
The First National Bank of Brookville has quit business and surrendered its charter. Note holders are requested to send in their notes within the next sixty days and have them replaced with other currency.
Source
newspapers
Newspaper Articles (3)
1.April 8, 1874Clearfield RepublicanClearfield, PA
Click image to open full size in new tab
Article Text
SURRENDERED.-We learn by the Jeffersonian that the First National Bank of Brookville has quit business and surrendered its charter. Note holders are requested to send in their notes within the next sixty days and have them replaced with other currency. Exactly what reasons are assigned for this act we are unable to say ; but of one thing we are certain, it was not compelled to adopt this course by the late panie. This bank has always been a safe institution, and at no time was there any danger of its having to close.
2.April 15, 1874The Forest RepublicanTionesta, PA
Click image to open full size in new tab
Article Text
-The First National bank of Brook. ville has quit business and surrendered its charter. Note holders are requested to send in their notes within the next sixty days and have them replaced with other currency. Exactly what reasons are assigned for this act we are unable to say ; but of one thing we are certain, it was not compelled to adopt this course by the late panic. This bank has always been a safe institution, and at no time was their any danger of its having to close.-Jeffersonian.
3.April 16, 1874The Elk County AdvocateRidgway, PA
Click image to open full size in new tab
Article Text
BANK CHARTER SURRENDERED The First National Bank of Brookville has quit business and surrendered its charter. Note holders are requested to send in their notes within the next sixty days and have them replaced with other currency. Exactly what reasons are assigned for this act we are unable to say; but of one thing we are certain, it was not compelled to adopt this course by the late panic.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.
