Article Text
NEW HAMPSHIRE Suspended
LACONIA, N. H., November 19.-The Belknap Savings Bank in this place has suspended paying depositors for the present, and is calling in its notes. The bank bad $18,000 OD Spragues paper.
Belknap Savings Bank (Laconia, NH)
Episode Information
- Episode Type
- Suspension → Closure
- Start Date
- November 19, 1873
- Location
- Laconia, New Hampshire (43.528, -71.470)
- Bank Type
- savings
Metadata
Notes
Suspension explicitly reported; no articles here describe reopening or receivership, so final status uncertain.
Events (1)
1.
November 19, 1873
Suspension
- Cause
- Bank Specific Adverse Info
- Cause Details
- Bank suspended and was calling in notes after holding $18,000 on Sprague's (bad) paper.
- Newspaper Excerpt
- The Belknap Savings Bank in this place has suspended paying depositors for the present, and is calling in its notes.
- Source
- newspapers
Newspaper Articles (2)
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Article Text
LACONIA, N. H., November 19 - The Belknap Savings Bank in this place has suspended paying depositors for the present, and is calling in its notes. The bank had $18,000 on Spragues paper.