Spartansburg Bank (Spartansburg, PA)

Episode Information

Episode UID
9724957091263
Episode Type
Suspension โ†’ Closure
Bank Type
private
Bank ID
972495709 hash
Start Date
March 6, 1905
Location
Spartansburg, Pennsylvania (41.824, -79.684)

Metadata

Model
gemini-3-flash-preview (chosen from majority vote of a three-model LLM ensemble)
Short Digest
644ba040443196fb

Response Measures

None

Description

The bank was a private institution owned by D. W. Tryon, who made an assignment for the benefit of creditors.

Events (2)

1. March 6, 1905 Other
Newspaper Excerpt
Mar. 6-Spartansburg, Pa., bank; capital, $25,000.
Source
newspapers
2. March 11, 1905 Suspension
Cause Details
The owner of the bank made a general assignment of his business interests, including the bank, to a trustee.
Newspaper Excerpt
D. W. Tryon, owner of the Spartansburg bank... made an assignment Saturday to C. H. Gabriel.
Source
newspapers

Newspaper Articles (3)

Article from The Star, March 15, 1905

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Article Text

at West Mosgrove. While starting an engine his left leg between the knee and thigh was caught in the cogs of the machinery and partially ground off, the main artery being severed. The wounded man got loose, stopped the engine, dragged himself outside the building, called for help and bled to death in 10 minutes. He leaves a wife and three children. Two miles of electric railroad running along Market street, Beaver. and two miles into Brighton township have been sold for junk and are being torn down by the junk dealers' workmen. The road was built two years ago at a cost of $350,000 by a company promoted by J. A. West, of Pittsburg: It runs from the court house, where it connects with the lines of the Beaver Valley Traction company to the Beaver Terrace plan of lots. It is understood that $8,000 was the price paid, this to include trolley wire, poles, ties and rails. When completed the road was operated one month. At Wurtemburg five coasters dashed over a bridge into the Connoquenessing river. James Copper, who was guiding the bob-sled, lost control and the sled shot through the open iron work and dropped to the ice below. James Rutter. who was last on the sled, saved himself by grasping an iron beam, but the other five dropped and all were badly injured, Copper and Harry Keisling being seriously hurt. A similar accident occurred near Volant, when a sled with five occupants dashed against the iron pier of a bridge. Clarence Potter, who was guiding, was seriously hurt. An accident insurance case was closed in Judge McConnell's court at Greensburg, the jury awarding Mrs. Samuel C., widow of Register S. C. Stevenson, a verdict of $5,000. the full amount of the policy and interest, amounting to $440. Mr. Stevenson died while bathing at Atlantic City in August, 1903. The final decision of the case rested largely upon the rulings of the court on the questions of law involved, the main question of fact for the jury being whether Mr. Stevenson died from drowning or from apoplexy as determined by one or more Philadelphia physicians. D. W. Tryon, owner of the Spartansburg bank, manager of the Spartansburg Oil Company, the Banner grocery and the owner of considerable real estate in the village, made an assignment Saturday to C. H. Gabriel. The village is in the center of a thrifty farming and dairying section, which makes it probable that a large number of the depositors will be affected. Two little caps floating on an ice pond at Waltersburg told of the death of the 6-year-old sons of Superintendent Robert DePriest and David King, a blacksmith. of the Keister Coal Company. The children had been playing between the two houses and wandered to the pond, where ice cutting had been going on. The bodies were recovered. At a meeting of the Westmoreland county commissioners, it was decided not to accept any of the recent proposals for $1,000,000 in bonds for the construction of the new court house. A protest against issuing the bonds is based on the claim that the greater part of the money will not be needed for two years. Thieves broke into the machine shop of the Loyalhanna Coal and Coke company and carried off two bronze castings worth $90 each. The castings were SO heavy that it required at least three men to move them. A roll of cold rolled steel was also stolen. The thieves used a wagon in which to carry off their plunder. The new Roman Catholic Church of the Immaculate Conception at Lock Haven, was dedicated Sunday the festivities being witnessed by many priests and laymen from Renovo. Bellefonte and other neighbor'SUMO) Sup An unknown man about 21 years old was killed by a Baltimore and Ohio railroad train near Hyndman. An envelope was found in his pockets addressed to Arch Rankin, 1832 North Fourth street, Philadelphia. Ninety-five persons have applied for liquor licenses in Blair county, an increase of 10 over last year. Five of the new applicants are in Altoona, two in Holidaysburg and three in Lotownship. ues While hauling a freight train near Altoona, Engineer Robert Campbell leaned out of his cab window and was struck on the head by a stone that had rolled down an embankment. Campbell was painfully hurt, but will recover. Samuel Rea, 83 years oid, is dead at his home, near Butler, from the effects of a fall received a few weeks ago. He was a well-known farmer. Rev. William H. Fish, Jr., has been installed pastor of the Independent Unitarian church, at Meadville. Fire destroyed the residence of Mrs. Mary Rose, at New Kensington. The loss is estimated at about $3,000. The beard of trade of Butler, organized by electing the following officers: President William H Miller:


Article from Iron County Register, January 4, 1906

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Article Text

Business Failures Jan. 3-First national bank of Faribault, Minn., closed; receiver appointed. 9-Brott cotton mills, Massachusetts, capital $1,200,000. 23-Strauss-Green Co., Toledo, O.; liabilities $115,000. assets $100.000. 27-Standard Rope & Twine Co., N. Y., for $12,000,000. 29--Pan-Amefican bank, Chicago; assets $17,200, liabilities $75,900. Mar. 5-Arnold Brewing Co., Saulte St. Marie, Mich.; liabilities $85,000; assets $65,000. 6-Spartansburg, Pa., bank; capital, $25,000. 7-Coe Co., Minneapolis; liabilities, $200,000. 31-Citizens' bank, Lorain, O., as result of defalcation. Apr. 3-Ladoga, Ind., bank; assets $80,000. liabilities $109,000. 16-Owosso, Mich., private bank closes. 23-Merchants' Trust Co., New York, closed. Lexing24-Canton, O., state bank closes ton, Okla., First national bank fails. 26-Barberton, O., First national bank 27-R. H. York & Co., old Cleveland, O., brokers; liabilities, $40,000. Jun. 2-Ladysmith, Wis., First national bank closed. 19-Fyfe & Munson, Chicago, placed in receiver's hands, 21-City Trust Co., Philadelphia, closes doors. 23-Vicksburg, Mich., exchange bank. 26-Knight. Donnelly & Co., Chicago. 28-Terre Haute, Ind., national bank closed doors. Jul. 5-Spring Valley, Ill., and Toluca, Ill., national banks close. 6-Hagerstown, Ind., Commercial bank; liabilities. $125,000. 13-Citizens' bank, Yellow Springs, O.; liabilities, $50,000. 19-Spring Valley, O., bank closes. 20-City national bank, Kansas City, Mo. Aug. 3-West Liberty, Ky., bank closes. 10-Four Denver, Col., Western bank officials arrested on fraud charge. 21-Western bank, Louisville, Ky.; due to overloans. Sep. 19-Minot, S. D., national bank closes doors. 27-Johnson & Sloan, Minneapolis, Minn.: liabilities, $200,000 First national bank, Orville, O., closes doors. Oct. 6-Peoria (III.) national bank closes because of Dougherty indictments. Nov. 1-Kingfisher (Okla.) national tank closed by comptroller of currency. Dec. 18-John R. Walsh's three banks in Chicago. Chicago National, Home Savings and Equitable company in liquidation. Local clearing house guarantees payment of 826,000,000. Public and private accounts involved. 27-Merchants Trust company, American Savings bank and Mechanics Savings bank. Memphis, Tenn., close doors; first named in liquidation.


Article from Macon Beacon, January 13, 1906

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Article Text

Business Failures Jan. 3-First national bank of Faribault, Minn., closed; receiver appointed. 9-Brott cotton mills, Massachusetts, capital $1,200,000. 23-Strauss-Green Co., Toledo, O.; liabilities $115,000. assets $100,000. 27-Standard Rope & Twine Co., N. Y., for $12,000,000. 29-Pan-American bank, Chicago; assets $17,200, liabilities $75,900. Mar. 5-Arnold Brewing Co. Saulte St. Marie, Mich.; liabilities $85,000; assets $65,000. 6-Spartansburg Pa. bank: capital, $25,000. 7-Coe Co., Minneapolis; liabilities, $200,000. 31-Citizens' bank, Lorain, O., as result of defalcation. Apr. 3-Ladoga, Ind., bank; assets $80,000. liabilities $109,000. 16-Owosso, Mich., private bank closes. 23-Merchants' Trust Co., New York, closed. 24-Canton, O., state bank closes Lexington, Okla., First national bank fails. 26-Barberton O., First national bank 27-R. H. York & Co., old Cleveland, O., brokers; liabilities, $40,000. Jun. 2-Ladysmith, Wis., First national bank closed. 19-Fyfe & Munson, Chicago, placed in recelver's hands. 21-City Trust Co., Philadelphia, closes doors. 23-Vicksburg, Mich. exchange bank. 26-Knight, Donnelly & Co., Chicago, 28-Terre Haute, Ind., national bank closed doors. Jul. 5-Spring Valley, III., and Toluca, III., national banks close. 6-Hagerstown. Ind., Commercial bank; liabilities, $125,000. 13-Citizens bank, Yellow Springs, O.: liabilities, $50,000. 19-Spring Valley, O., bank closes. 20-City national bank. Kansas City, Mo. Aug. 3-West Liberty, Ky., bank closes. 10-Four Denver, Col., Western bank officials arrested on fraud charge. 21-Western bank, Louisville, Ky.; due to overloans. Sep. 19-Minot. S. D., national bank closes doors. 27-Johnson & Sloan, Minneapolis, Minn.: liabilities, $200,000 First national bank, Orville, O., closes doors. Oct. 6-Peoria (III.) national bank closes because of Dougherty indictments. Nov. 1-Kingfisher (Okla.) national bank closed by comptroller of currency Dec. 18-John R. Walsh's three banks in Chicago. Chicago National, Home SavIngs and Equitable company in liquidation. Local clearing house guarantees payment of $26,000,000. Public and private accounts involved. 27-Merchants Trust company, American Savings bank and Mechanics Savings bank, Memphis, Tenn. close doors; first named in liquidation.