Bank of Blue Mound - Blue Mound, IL

Episode Information

Episode UID: 9680035891314
Episode Type: Suspension → Closure
Bank Type: private
Bank ID: 968003589 hash
Start Date: June 9, 1909
Location: Blue Mound, Illinois (39.701, -89.123)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 5986f7ca8f110d4f

Response Measures

None

Description

Bank closed and petitioned in bankruptcy; closure attributed to lack of patronage.

Events (2)

1. June 9, 1909 Suspension

Cause Details: Closed due to lack of patronage; business failure leading to suspension of payments.
Newspaper Excerpt: He scheduled his liability at $56,074 assets $53,135. McNeely closed the doors of his bank yesterday. Lack of patronage was the cause assigned for closing.
Source: newspapers

2. June 10, 1909 Receivership

Newspaper Excerpt: A petition in bankruptcy was filed today ... by Otis McNeely, banker of Blue Mound.
Source: newspapers

Newspaper Articles (1)

1. June 11, 1909 The Cairo Bulletin Cairo, IL

Article from The Cairo Bulletin, June 11, 1909

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Article Text

PETITION IN BANKRUPTCY FILED BY ILLINOIS BANKER. Springfield, III.. June 10.-A petition in bankruptcy was filed today iwth the clerk of the United States District Court by Otis McNeely, bank er of Blue Mound. He scheduled his liability at $56,074 assets $53,135. McNeely closed the doors of his bank yesterday. Lack of patronage was the cause assigned for closing.