Bank of Elkhart (Elkhart, IL)

Episode Information

Episode UID
9053515091227
Episode Type
Suspension → Closure
Bank Type
private
Bank ID
905351509 hash
Start Date
March 3, 1902
Location
Elkhart, Illinois (40.021, -89.483)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
e81e6caf7e1fc50d

Response Measures

None

Description

Suspension followed a bank examiner investigation; no reopening or receivership information in provided articles.

Events (1)
1. March 3, 1902 Suspension
Cause
Government Action
Cause Details
Failed to open after investigation by the bank examiner; suspected shortage discovered.
Newspaper Excerpt
The Bank of Elkhart failed to open its doors for business this morning, following an investigation by the bank examiner.
Source
newspapers

Newspaper Articles (2)
1. March 3, 1902 Evening Times-Republican Marshalltown, IA
Article from Evening Times-Republican, March 3, 1902

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Article Text

ELKHART BANK CLOSED. Suspension Thought to Be the Result of a Shortage. Elkhart, Ill., March 3.-The Bank of Elkhart failed to open its doors for business this morning, following an investigation by the bank examiner. The deposits are $80,000. The exact amount of the shortage is not known. President Taylor states the assets fully cover all liabilities and depositors will receive every dollar on.deposit.

2. March 3, 1902 Rock Island Argus Rock Island, IL
Article from Rock Island Argus, March 3, 1902

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Article Text

BANK OF ELKHART, ILL., SUSPENDS OPERATIONS Elkhart, III. March 3.-The Bank of Elkhart failed to open its doors for business this morning following an investigation by the bank examiner. The deposits are $80,000. The exact amount of the shortage is not known. but President Taylor states the assets will fully cover the liabilities, and depositors will receive every dollar on deposit.