Fourth National Bank of Chicago was a financial institution which went into liquidation on September 25 , 1875 . The bank did not recover from the Great Chicago Fire of 1871 and the ensuing financial crisis which followed it . Its deposits amounted to only $ 120,000 at the time of its closing . $ 72,000 of this belonged to the city of Chicago , with the remainder the property of depositors . Bills receivable amounted to $ 300,000 . A clearinghouse debit of $ 25,000 , presented on the morning of September 25 , precipitated its prompt closing . The debt was anticipated not to be above $ 10,000
Great Chicago Fire
Great Chicago Fire
Fourth National Bank of Chicago