National Iron Bank - Morristown, NJ

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 1113
Charter Number: 1113
Start Date: September 27, 1879
Location: Morristown, New Jersey (40.797, -74.477)

Metadata

Model: gpt-5-mini
Short Digest: 7c7aad01

Response Measures

None

Description

Article (1879-09-27) reports appointment of a receiver in the case of the National Iron Bank of Morristown. The piece does not explicitly mention a prior run or a formal suspension, but assignment of a receiver implies the bank was effectively closed and placed in receivership; I classify this as a suspension leading to closure. No evidence of runs or reopening found in the provided article.

Events (2)

1. May 4, 1865 Chartered

Source: historical_nic

2. September 27, 1879 Receivership

Newspaper Excerpt: Our townsman, Edward A. Muir, Esq., ... has been appointed ... Receiver in the case of the National Iron Bank of Morristown vs. Atno, Compton et als.
Source: newspapers

Newspaper Articles (1)

1. September 27, 1879 The Morris County Chronicle Morristown, NJ

Article from The Morris County Chronicle, September 27, 1879

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Article Text

Our townsman, Edward A. Muir, Esq., we are pleased to mention, has been appointed by the Hon. David A. Depue, one of the Judges of the Supreme Court of this State, and having jurisdiction over this section, Receiver in the case of the National Iron Bank of Morristown vs. Atno, Compton et als. Various deeds, bonds, notes, mortgages, etc., are in litigation, we understand.