10959. Bank of the Tombigby R. R. Co. (Columbus, MS)

Bank Information

Episode Type
Suspension → Reopening
Bank Type
state
Start Date
October 28, 1839
Location
Columbus, Mississippi (33.496, -88.427)

Metadata

Model
gpt-5-mini
Short Digest
7540ea1e

Response Measures

None

Description

The board unanimously resolved on Oct 28, 1839 to suspend specie payments in response to suspensions by many northern banks. No run is mentioned in the articles. The notices state the bank will resume specie payments when banks generally resume; no formal reopening or receivership is reported in the provided clippings, so I classify this as a suspension (temporary) with likely reopening later.

Events (1)

1. October 28, 1839 Suspension
Cause
Macro News
Cause Details
Board suspended specie payments in consequence of widespread suspension of specie payments by a large portion of northern banks (systemic contagion).
Newspaper Excerpt
it was unanimously Resolved, That in consequence of the intelligence of the suspension of specie payments by so large a portion of the banks at the north, this Bank will also suspend specie payments for the present.
Source
newspapers

Newspaper Articles (14)

Article from Columbus Democrat, November 2, 1839

Click image to open full size in new tab

Article Text

BANK OF THE TOMBIGBY R. R. Co. Columbus Miss. Oct. 28, 1839. T a called meeting of the Board of Directors, A held this day, it was unanimously Presolved, That in consequence of the into III gence of the suspension of specie payments by 80 large a portion of the banks at the north, this Bank will also bus. pend specie payments for the present. Resolved, That this Bank will resume specie payments when the banks generally resume. Resolved, That the Cashier have the above resolutions published. CHAS. WALSH, Cashier. 16-f.


Article from Southern Argus, November 12, 1839

Click image to open full size in new tab

Article Text

BANK OF THE TOMBIGBY R. R. Co. Columbus, Miss., Oct. 28, 1839 T a called meeting of the Board of DirecA tors held this day, it was unanimously Resolved, That in consequence of the intelligence of a suspension of 'specie (payments by a large portion of the banks at the north, this Bank will also suspend specie payments for the present. Resolved, That this Bank will resume specie payments when the banks generally resume. Resolved, That the Cashier have the above resolutions published. CHAS. WALSH, Cashier. 6-tf


Article from Columbus Democrat, November 16, 1839

Click image to open full size in new tab

Article Text

BANK OF THE TOMBIGBY R. R. Co. Columbus Miss. Oct. 28, 1839. T a called meeting of the Board of Directors, held this day, it was unanimously Resolved, That in consequence of the intelligence of the suspension of specie payments by so large a portion of the banks at the north, this Bank will also suspend specie payments for the present. Resolved, That this Bank will resume specie payments when the banks generally resume. Resolved, That the Cashier have the above reso lutions published. CHAS. WALSH, Cashier. 16-1f.


Article from Southern Argus, December 3, 1839

Click image to open full size in new tab

Article Text

20tf January 29, 1839. Pile Ointment. HE Chemical Pile Ointment, for the cure T of the Piles, is not equalled by any thing in this country, and foreigners, who have made use of it, say there is nothing in Europe like it. It is an emollient, and at once soothing application, giving immediate ease and tranquility to the patient when laboring under this tormenting disease. It is put up in beautiful Porcelain Pots, imported from France, especially for the purpose, accompanied with copious directions for use, in the severest cases. CERTIFICATES. I have used the " Chemical Pile Ointment," and earnestly recommend it as superior to any thing of the kind for the cure of the Piles. WILLIAM WHITCOME, Deputy sheriff of Worcester county. Millbury, Dec.7,1832. I teke much pleasure in stating for the benefit of those laboring under the disagreeable dislease, the Piles, that I have found nothing so efficacious and speedily successful in curing them, having been much troubled, as the E. MUNROE. Chemical Pile Ointment." St. Francisville, (La.) Jan. 25, 1831. This may certify, that for five or six years past I have been troubled severely with the Piles, and until I made use of the Chemical Pile Ointment, I found nothing that would give me relief; therefore, I would recommend it in preference to any article whatever. GEORGE HOBART. Boston, July 8, 1835. The Pile Ointment is for sale at the Columbus Drug Store, by GREENE HILL. 21 February 5, 1839. BANK OF THE TOMBIGBY R. R. Co. Columbus Miss., Oct. 28, 1839. T a called meeting of the Board of DirecA tors held this day, it was unanimously Resolved, That in consequence of the intelligence of a suspension of specie payments by a large portion of the banks at the north, this Bank will also suspend specie payments for the present. Resolved, That this Bank will resume specie payments when the banks generally resume. Resolved, That the Cashier have the above resolutions published. CHAS. WALSH, Cashier.


Article from Southern Argus, December 10, 1839

Click image to open full size in new tab

Article Text

BANK OF THE TOMBIGBY R. R. Co. Columbus, Miss., Oct. 28, 1839. T a called meeting of the Board of DirecA tors held this day, it was unanimously Resolved, That in consequence of the intelligence of a suspension of specie payments by a large portion of the banks at the north, this Bank will also suspend specie payments for the present. Resolved, That this Bank will resume specie payments when the banks generally resume. Resolved, That the Cashier have the above resolutions published. CHAS. WALSH, Cashier.


Article from Columbus Democrat, January 18, 1840

Click image to open full size in new tab

Article Text

BANK OF THE TOMBIGBY R. R. Co. Columbos Miss. Oct. 28, 1839. T a called meeting ol'the Board of Directors, A held this day, it was unanimously Resolved, That in consequence of the intelligence of the suspension of specie payments by so large a portion of the banks at the north, this Bank will also suspend specie payments for the present. Resolved, That this Bank will resume specie payments when the banks generally resume. Resolved, That the Cashier have the above resolutions published. CHAS. WALSH, Cashier. 16-1f.


Article from Columbus Democrat, January 25, 1840

Click image to open full size in new tab

Article Text

BANK OF THE TOMBIGBY R. R. Co. Columbus Miss. Oct. 28, 1839. T a called meeting of the Board of Directors, A held this day, it was unanimously Resolved, That in consequence of the intelligence of the suspension of specie payments by so large a portion of the banks at the north, this Bank will also suspend specie payments for the present. Resolved, That this Bank will resume specie payments when the banks generally resume. Resolved, That the Cashier have the above resolutions published. CHAS. WALSH, Cashier. 16-tf.


Article from Columbus Democrat, February 8, 1840

Click image to open full size in new tab

Article Text

BANK OF THE TOMBIGBY R. R. Co. Columbus Miss. Oct. 28, 1839. T a called meeting of the Board of Directors, held this day, it was unanimously Resolved, That in consequence of the intelligence of the suspension of specie payments by 80 large a portion of the banks at the north, this Bank will also suspend specie payments for the present. Resolved, That this Bank will resume specie payments when the banks generally resume. Resolved, That the Cashier have the above resolutions published. CHAS. WALSH, Cashier. 16-if.


Article from Southern Argus, March 10, 1840

Click image to open full size in new tab

Article Text

BANK OF THE TOMBIGBY R. R. Co. Columbus, Miss., Oct. 28, 1839 T a called meeting of the Board of DirecA tors held this day, it was unanimously Resolved, That in consequence of the intelligence of a suspension of specie payments by a large portion of the banks at the north, this Bank will also suspend specie payments for the present. Resolved, That this Bank will resume specie payments when the banks generally resume. Resolved, That the Cashier have the above resolutions published. CHAS. WALSH, Cashier. 6-tf


Article from Southern Argus, March 24, 1840

Click image to open full size in new tab

Article Text

BANK OF THE TOMBIGBY R. R. Co. Columbus, Miss., Oct. 28, 1839. T a called meeting of the Board of DirecA tors held this day, it was unanimously Resolved, That in consequence of the intelligence of a suspension of specie I payments by a large portion of the banks at the north, this Bank will also suspend specie payments for the present. Resolved, That this Bank will resume specie payments when the banks generally resume. Resolved, That the Cashier have the above resolutions published. CHAS. WALSH, Cashier. 6-tf


Article from Columbus Democrat, April 25, 1840

Click image to open full size in new tab

Article Text

BANK OF THE TOMBIGBY R. R. Co. Columbus Miss. Oct. 28, 1839. Ta called meeting of the Board of Directors, A held this day, it was unanimously Resolved, That in consequence of the intelligence of the suspension of specie payments by so large a portion of the banks at the north, this Bank will also suspend specie payments for the present. Resolved, That this Bank will resume specie payments when the banks generally resume. Resolved, That the Cashier have the above resoutions published. CHAS. WALSH, Cashier. 16-tf.


Article from Southern Argus, April 28, 1840

Click image to open full size in new tab

Article Text

BANK OF THE TOMBIGBY R. R. Co. Columbus, Miss., Oct. 28, 1839. T a called meeting of the Board of DirecA tors held this day, it was unanimously Resolved, That in consequence of the intelligence of a suspension of specie ! payments by a large portion of the banks at the north, this Bank will also suspend specie payments for the present. Resolved, That this Bank will resume specie payments when the banks generally resume. Resolved, That the Cashier have the above resolutions published. CHAS. WALSH, Cashier. 6-tf


Article from Columbus Democrat, May 30, 1840

Click image to open full size in new tab

Article Text

$100,000 Reward. OTICE is hereby given to all persons indebted N to the subscriber either by note or account, to come forward and make payment immediately, or the same will be placed in the hands of an officer for collection. D. BANKS. West Port, Miss. March S1st, 1840.-39-6m. Morus Multicaulis. THE subscriber has now growing near Jackson, Miss. a fine lot of the above valuable TREE, and will have in the fall or next spring, several thousand for sale. He knows them to be genuine, as he bought them when in full foliage. Warranted genuine or no sale. Address J. LEWIS, (Post office) Jackson, Miss. N. B. Trees or cuttings neatly packed, to be sent to any part of the country. J. LEWIS. 47tf Jackson, June 1, 1839 BANK OF THE TOMBIGBY R. R. Co. Columbus Miss. Oct. 28, 1839. T a called meeting of the Board of Directors A held this day, it was unanimously Resolved. That in consequence of the intelligence of the suspension of specie payments by so large a portion of the banks at the north, this Bank will also stis. pend specie payments for the present. Resolved, That this Bank will resume specie pay. ments when the banks generally resume. Resolved, That the Cashier have the above resoutions published. CHAS. WALSH, Cashier. 16-tf


Article from Columbus Democrat, June 6, 1840

Click image to open full size in new tab

Article Text

BANK OF THE TOMBIGBY R. R. Co. Columbus Miss. Oct. 28, 1839. T a called meeting of the Board of Directors A held this day, it was unanimously Resolved. That in consequence of the intelligence of the suspension of specie payments by so large a portion of the banks at the north, this Bank will also saspend specie payments for the present. Resolved, That this Bank will resume specie payments when the banks generally resume. Resolved, That the Cashier have the above resoutions published. CHAS. WALSH, Cashier. 16-tf.