Statements (144)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:Bank
gptkb:Educational_Institution |
| gptkbp:bfsLayer |
4
|
| gptkbp:bfsParent |
gptkb:J._Joseph_Smith
|
| gptkbp:affiliated_with |
gptkb:Church_of_Christ_(Latter_Day_Saints)
|
| gptkbp:associated_with |
gptkb:Politician
gptkb:Kirtland_Temple gptkb:Mormon_pioneers speculative investments economic speculation Joseph Smith's leadership Kirtland economy Mormon economic strategies Mormon financial history |
| gptkbp:business_model |
gptkb:Bank
|
| gptkbp:capital |
gptkb:$100,000
|
| gptkbp:challenges |
lack of capital
|
| gptkbp:closing_date |
1838
|
| gptkbp:closure_type |
financial mismanagement
failure to meet obligations |
| gptkbp:community_impact |
economic hardship
disruption in local economy |
| gptkbp:community_support |
initially strong
|
| gptkbp:conflict |
speculative ventures
1837 financial panic |
| gptkbp:consequences |
economic hardship for members
|
| gptkbp:dissolved |
1838
|
| gptkbp:feedback |
mixed reactions
|
| gptkbp:financial_performance |
loss of deposits
led to distrust in local banks notable example of early banking failures in the U. S. |
| gptkbp:financial_products |
speculative investments
unconventional promissory notes part of Latter Day Saint history unconventional banking methods attempted to create a local currency speculative banking |
| gptkbp:founded |
1837
|
| gptkbp:founder |
gptkb:J._Joseph_Smith
|
| gptkbp:future_plans |
support community growth
|
| gptkbp:headquarters |
gptkb:Kirtland,_Ohio
|
| gptkbp:historical_analysis |
examined in economic studies
examined in Mormon studies |
| gptkbp:historical_context |
early 19th century America
|
| gptkbp:historical_documentation |
bank charter
|
| gptkbp:historical_event |
dissolution and loss of trust
banking failure |
| gptkbp:historical_impact |
shaped future Latter Day Saint financial institutions
|
| gptkbp:historical_significance |
gptkb:first_Latter_Day_Saint_financial_institution
first bank in Kirtland |
| https://www.w3.org/2000/01/rdf-schema#label |
Kirtland Safety Society
|
| gptkbp:impact |
loss of deposits
Mormon economic history economic instability in Kirtland loss of trust in local banking financial instability in Kirtland Latter Day Saint financial practices |
| gptkbp:in-game_currency |
gptkb:Kirtland_bank_notes
|
| gptkbp:influenced |
Mormon economic practices
later Latter Day Saint financial institutions |
| gptkbp:innovation |
attempted to create a community bank
|
| gptkbp:investment |
risky investments
|
| gptkbp:is_respected_by |
eroded over time
|
| gptkbp:legacy |
cautionary tale in banking history
influence on Mormon financial practices influenced future banking efforts influence on banking laws influenced future banking in Mormon communities |
| gptkbp:legal_issue |
gptkb:legal_case
unchartered bank |
| gptkbp:location |
gptkb:Kirtland,_Ohio
|
| gptkbp:losses |
significant losses for investors
|
| gptkbp:members |
approximately 200
|
| gptkbp:membership |
Latter Day Saints community
|
| gptkbp:notable_event |
gptkb:Bank
failure of the bank closure of operations collapse in 1838 |
| gptkbp:notable_person |
gptkb:J._Joseph_Smith
|
| gptkbp:operated_by |
Joseph Smith and associates
|
| gptkbp:operates_in |
1838
|
| gptkbp:operational_area |
1 year
1837-1838 |
| gptkbp:operational_status |
mismanagement of funds
|
| gptkbp:primary_function |
issuing currency
|
| gptkbp:public_perception |
controversial
seen as a failure |
| gptkbp:purpose |
provide financial services
|
| gptkbp:receives_funding_from |
not applicable
|
| gptkbp:regulatory_compliance |
not regulated
illegal banking practices lack of charter lacked oversight |
| gptkbp:related_show |
gptkb:Brigham_Young
|
| gptkbp:related_to |
gptkb:Kirtland_Temple
impact on local economy community trust issues banking practices of the time financial fraud allegations Mormon economic practices Joseph Smith's leadership Mormon economic strategies Mormon financial history economic challenges of the 1830s Mormon financial institutions Mormon financial practices Mormon community resilience Mormon economic challenges Joseph Smith's banking endeavors Joseph Smith's economic initiatives Joseph Smith's economic policies Joseph Smith's financial failures Joseph Smith's financial ventures Joseph Smith's influence on banking practices Kirtland's banking history Kirtland's economic development Kirtland's economic history Kirtland's financial institutions Kirtland's financial legacy Kirtland's historical banking institutions Kirtland's historical significance Kirtland's role in early American banking Mormon banking history Mormon community support Mormon settlement in Ohio community banking efforts economic downturns in the 1830s financial literacy in early Mormonism speculative land investments |
| gptkbp:relationship |
gptkb:Church_of_Christ
|
| gptkbp:reputation |
controversial
|
| gptkbp:revenue |
community-based banking
|
| gptkbp:significance |
first bank established by Latter Day Saints
|
| gptkbp:strategic_importance |
gptkb:local_economy
economic conditions speculative investments poor management insufficient funds due to financial instability |
| gptkbp:successor |
gptkb:Kirtland_Safety_Society_Anti-Banking_Company
|
| gptkbp:tutorials |
importance of financial oversight
|
| gptkbp:type |
gptkb:Bank
gptkb:Educational_Institution |