Article Text
MICHIGAN, Bank Suspended. DETROIT, March 12. The First National Bank of Monroe, closed to-day, on account of the recent failure of Cabel Ives of this city. It will probably be reopened in a few days.
9292. First National Bank (Monroe, MI)
Bank Information
- Episode Type
- Suspension → Reopening
- Bank Type
- national
- Bank ID
- 1587
- Charter Number
- 1587
- Start Date
- March 12, 1877
- Location
- Monroe, Michigan (41.916, -83.398)
Metadata
- Model
- gpt-5-mini
- Short Digest
847f5033
Response Measures
None
Description
Contemporary reports (Mar 12–13, 1877) state the First National Bank of Monroe, Mich., closed to-day on account of the recent failure of C. Ives of Detroit and will probably be reopened in a few days. No run or depositor panic is described; cause is failure of a correspondent/associated party (C. Ives).
Events (2)
1.
October 14, 1865
Chartered
- Source
- historical_nic
2.
March 12, 1877
Suspension
- Cause
- Correspondent
- Cause Details
- Bank closed because of the recent failure of C. Ives (a Detroit failure/correspondent), cited as the direct reason for closure.
- Newspaper Excerpt
- The First National Bank of Monroe, closed to-day, on account of the recent failure of Cabel Ives of this city. It will probably be reopened in a few days.
- Source
- newspapers
Newspaper Articles (3)
Click image to open full size in new tab
Click image to open full size in new tab
Article Text
CALC which occurred in Bright's snooting, office, where Allen had gone in pursuit of the former. Allen had two revolvers and a dirk-knife on his person when killed, but it is not known that he attempted to use them. Bright refused to make any statement, and did not admit that he killed Allen. Samuel H. Austin, late manager at Toledo of Dun & Co.'s Mercantile Agency, committed suicide on the 10th. Cause not stated. The St. Louis Westlische Post of the 11th announces that Carl Schurz has severed his editorial connection with that paper, although his proprietary interest remains the same. The revenue officers have recently captured and destroyed in Georgia 21 illegal distilleries and 30,000 gallons of beer and mash, besides arresting 65 distillers and a notorious outlaw named Harrison Baker, who was in league with them. Baker was once under arrest for shooting a Government officer, but managed to make his escape. Gen. Garfield has withdrawn his name as a candidate for United States Senator from Ohio. The Nicholls Legislature of Louisiana has passed resolutions expressing confidence in the policy of Federal non-intervention announced by President Hayes. Deputy Sheriff Jason W. Fussell, of Madison County, Tenn., assisted by his nephews, William and John Anderson, went to arrest three brothers named Petete, indicted for carrying concealed weapons. The Petetes resisted, killing Fussell and wounding William Anderson. John Petete was killed, Andy Petete was finally arrested, and the other one escaped. The First National Bank of Monroe, Mich., has closed its doors on account of the recent failure of C. Ives, of Detroit. Hon. H. P. Bell, the regular Democratic candidate, has been re-elected to Congress in the Ninth Georgia District, in place of Ben Hill. Mr. Bell was a member of the 43d Congress, but did not run for the 44th. Madame Octavia Walton Levert, so well known to the people of two hemispheres, died on the 13th, near Augusta, Georgia, her native State. Michael Merriman, living at Rock Creek Center, 10 miles south of Huntington, Ind., who had been in the Insane Asylum, and was sent home about a year ago, thought to have been permanently cured, on the 13th shot one of his sons, aged 18, through the head, fatally wounding him, and another, aged 16, through the shoulder, probably fatally wounding him also. He then shot and killed himself instantly. Joe Goss, indicted in a Kentucky court for participation in the Allen-Goss prize-fight, has been arrested in New York City and taken to Burlington, Boone County, Ky., to await trial. Tassey Stewart, the California farmer who was tried on a charge of attempting to bribe ex-Secretary Chandler to render a land decision in his favor, has been acquitted. A meeting of the white Republicans of Louisiana was held on the 15th, and an address promulgated to the people of the United States, rehearsing their grievances and asking for recognition from the Federal Government. The address is signed by W. H. Dinkgrave, Chairman of Committee. Hon. Stanley Matthews received the Republican nomination for United States Sen-
Click image to open full size in new tab
Article Text
committed suicide on the 10th. Cause not stated. REV. DR. E. O. Hovey, Professor of Chemistry and in Ind. died on swfordsville, Geology Wabash the College, 10th, 75. The deceased was one of the of this college, and of the Board of founders Trustees had for since been and of the than Bank au N. has failed; member organization, The Y., forty Exchange years. liabilities $70,000 faculty Canandaigua, $140,000 $100,000. more its to $200,000; assets not over to The cause of the failure, it is supposed, was unfortunate speculations in Western securities. The bank was patronized by the working people, who will lose about all. An Egyptian man-of-war, with 420 men on board, was recently burned in the Gulf of Suez. All but 20 escaped. Dr. Buckler Jones, well known in Baltimore as a criminal practioner of surgery, committed suicide on the 8th by cutting his throat with a pocket-knife. He had recently been arrested for causing the death of a young woman under his charge. The revenue officers have recently captured and destroyed in Georgia 21 illegal distilleries and 30,000 gallons of beer and mash, besides arresting 65 distillers and a notorious outlaw named Harrison Baker, who was in league with them. Baker was once under arrest for shooting a Government officer, but managed to make his escape. Smith M. Dancer, of Camden, Ohio, uncle of the late Mary M. Dancer, of New York, the gambler's daughter, who left a fortune of nearly $1,000,000 to charitable institutions, has taken steps to contest the will. The Vanderbilt heirs have settled their quarrels about the estate and the contest is removed from the courts. Deputy Sheriff Jason W. Fussell, of Madison County. Tenn., assisted by his nephews, William and John Anderson, went to arrest three brothers named Petete, indicted for carrying concealed weapons. The Petetes resisted, killing Fussell and wounding Wm. Anderson. John Petete was killed, Andy Petete was finally arrested, and the other one escaped. The United States Supreme Court has affirmed the decision of the Court of Claims in the famous Chorpening case. The First National Bank of Monroe, Mich., has closed its doors on account of the recent failure of C. Ives, of Detroit. The German Banking Company, of Pottsville, Pa., has suspended. The Connecticut Legislature has by law fixed the rate of interest in that State at 6 per cent. in the absence of contract. The past winter in Russia has been the severest for many years. The thermometer was nearly 20 deg. below zero in St. Petersburg on the night of the 11th inst. Michael Merriman, living at Rock Creek 10 miles south of Huntingwho had been in the and was-sent home a year ago, lum, ton, Ind., Center, about Insane Asythought to have been permanently cured, on the 13th shot one of his sons, aged 18, through the head, fatally wounding him, aged 16, through the shoulfatally wounding and der, another, probably him instantly. also. then shot and killed himself Joe Goss, indicted in a Kentucky court for participation in the Allen Goss has been arrested in New York and taken to Burlington, Kentucky, to City prize-fight, await trial. Boone CounTassey Stewart, the Californian farmer who was tried on a charge of attempting to bribe ex-Secretary Chandler to render land decision in his favor, has been acquitted. A man calling himself J. W. Brooks successfully personated an express mssen- and ger on the Allegheny Valley Railroad, on the arrival of the train in Pittsburgh carried off $4,000 of the money in his charge. James Kingan, a prominent New York provision dealer and speculator, became heavily involved, and a few days ago fied to escape his creditors. On the 14th his dead body was found lying along the track of the International Railroad, near Welford Station, New Brunswick, with the first throat cut from ear to ear. It was at supposed he had committed suicide, but he subsequent investigation indicates that was murdered. There was a riotous demonstration by the unemployed workingmen of Seranton, Pa., on the 15th, during which reiterated the cry of "Bread or blood" was through the streets. In Chicago, on the 15th, Dr. Wm. C. Pike, a phrenological lecturer, shot and killed S. S. Jones, editor of the ReligioPhilosophical Journal, for the alleged seduction of his (Pike's) wife. The store of Field Magruder, at Benning's Station, near Washington, D.C., s burned on the night of the 14th, who and Ebenezer Large and his son John, slept in the building, were burned to death. the There is but little doubt that both of men were murdered, the store robbed and then set on fire. Four colored men were executed at Aiken, S. C., on the 16th, for the murder of two white men.