1500. Norfolk Bank (Norfolk, CT)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
October 28, 1869
Location
Norfolk, Connecticut (41.994, -73.202)

Metadata

Model
gpt-5-mini
Short Digest
028e9a7d04ba932b

Response Measures

None

Description

Articles (1869–1872) report the stockholders petitioning the Superior Court for appointment of a receiver (1869), the bank being under receivership with its building sold by the receivers (auction on Aug 3, 1870), and subsequent litigation involving the receivers (1872). No run is described. The sequence indicates a suspension followed by permanent closure/receivership and sale.

Events (4)
1. October 28, 1869 Receivership
Newspaper Excerpt
The Stockholders of the Norfolk Bank have petitioned the Superior Court for the appointment of a Receiver, ... (reported 1869-10-28).
Source
newspapers
2. October 28, 1869 Suspension
Cause
Government Action
Cause Details
Stockholders petitioned the Superior Court for appointment of a receiver, indicating formal suspension/insolvency proceedings
Newspaper Excerpt
The Stockholders of the Norfolk Bank have petitioned the Superior Court for the appointment of a Receiver
Source
newspapers
3. August 3, 1870 Other
Newspaper Excerpt
The Norfolk bank building was sold at auction by the receivers, on the third inst., to E. Grove Lawrence of Norfolk for $3,100. The Norfolk Savings Bank bid $3,000.
Source
newspapers
4. April 18, 1872 Other
Newspaper Excerpt
The Superior Court resumed its session Wednesday, and is trying the case of Heath & Co. vs. Receivers of Norfolk Bank.
Source
newspapers

Newspaper Articles (4)
1. October 28, 1869 Litchfield Enquirer Litchfield, CT
Article from Litchfield Enquirer, October 28, 1869

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Article Text

WOLCOTTVILLE.-The fourth annual fair and cattle show of the Torrington Agricultural Society occurred on Wednesday. The day was rather chilly for out-door amuse ments, but the fair was well attended and passed off both pleasantly and profitably. The exhibition was not large, but some excellent stock was entered, silowing that the farmers in this section are wide awake to the value of improved stock. The display of vegetables, fruit and agricultural products generally was worth seeing.Waterbury American. The American justly commends the Torringtonians for not introducing the seductive Horse Trot, usually the closing and most lucrative feature of the " Agricultural" Fair. NORFOLK.-The Stockholders of the Norfolk Bank have petitioned the Superior Court for the appointment of a Receiver, SUDDEN INSANITY. Ou Thusday last, Martin Decker of Salisbury, Conn., came home with his team, and while in the barn taking care of his horses, he was taken suddenly insane. He ran down street,and into several houses, going into every room, and then passing into the next. He was subsequently secured by Mr. Daniel Pratt (not the great American traveller,) but we judge he had to "travel" to catch the fugitive), and is now a raving mauiac. He was taken to the insane asylum at Middletown on Tuesday.-Berkshire Courier. From the Winsted Herald: WINSTED -At the instigation of Mr. T. M. Clark, Mr. Wm. L. Gilbert has been appointed Town railroad agent, vice Mr. John T. Rockwell. - E. S. Woodford has been appointed one of the Directors of the Connecticut State Prison, vice Wm. K. Peck, resigned. Messrs. Ripley and Blake, contractors of sections 33 and 34, are now busily engaged in putting up shanties for the accommodation of their workmen, and next week Hall's Summit will be all alive; spades, trumps. - The recent horse show superinduced an immense amount of hookeyism among the schoolboys in this vicinity. The juveniles have become alarmingly proficient in turf talk. They "go their pile" on Mercer and Lady Sheridan, and if there is any thing you don't understand about the exalted business, ask them. RIVERTON.-A local Amateur Ethiopian Minstrel club is giving entertainments to crowded houses. They are said to be equal to Billy Morris or any other man. - The Cattle Show was very successful. The stock and field products on exhibition were finer than at any other fair in this vicinity for a long time. - Stephens & Co.'s Rale Factory is run ung day and night to fill orders. GOSHEN,-Potatoes are plenty; apples e scarce.

2. August 25, 1870 Litchfield Enquirer Litchfield, CT
Article from Litchfield Enquirer, August 25, 1870

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Article Text

COUNTY ITEMS. WOLCOTTVILLE.-Re Leonard W.Racon, recently of Brooklyn, filled the pulpit of the Congregational church, last Sabbath. -Society has had a fresh attack of intemperance, another sore upon its body, which the united efforts of Christian moral. ity, and many who feeling the evil of the habit have reformed, have failed to cure. A new liquor saloon has been added to the thirteen or fourteen already in operation. -Chas. Hotchkiss & Sons have a contract to furnish the window sash for the new clock shop in Bristol. -Many will be pleased to know that the Rev. Mr. Sanford, a former pastor of the Episcopal church here, is now preaching at Winsted having taken Mr. Lewis' place there. -Last Saturday the men at the brass mill were in which a leak at new in sprung engaged repaising the their not dam canal, place of the flume. As they did succeed in it the stopping The bank brass will probably business have to be planked. is active all now, very about they just fill.-Wat. mills having more orders than can American. -Mr. E. A. Baldwin, of the firm of Lathrop & Baldwin, is sick at his father's house in Goshen. His numerous friends hope for his speedy recovery.- Sentinel. WOODBURY.-A fine new wharf is in proconstruction at the head of Bacon's The cess lake. of frequency wharf of pleasure parties since has made another necessary, we got the lake back from Watertown.American. The first rails on the Watertown railroad were laid on Tuesday, and a train passed over the track which was laid as far as the bridge over the Naugatuck. Mr. J. C. Eggleston has the contract. The Norfolk bank building was sold at auction by the receivers, on the third inst., to E. Grove Lawrence of Norfolk for$3,100. The Norfolk Savings Bank bid $3,000. Mr. Cooper, who made the preliminary survey of the Connecticut Western railroad, through the town of Norfolk, is about to survey the route from Litchfield to North Canaan for the Shepaug railroad route, through Goshen, North Goshen,and South Norfolk Norfolk, leaving Center half to mile the right, though passing within one of it. Harlow Scoville, of Colebrook, Conn., a man 20 years of age, was young drowned of in the big Pond at Otis on Tuesday last He went in swimming, is week. the and while it supposed was taken with cramp in the water, which caused his death. A large number of people were out on Wednesday and Thursday, searching for the body, which was found on Thursday and taken to Colebrook for interment. MARBLEDALE-Last week nearly all the inhabitants, both old and young, united in one grand pic-nic and fishing excursion at Lake Waramaug. A pleasant time was enjoyed and some fish caught. -Mr. Joseph Watson has just raised the frame of a tobacco house, fifty-four by twenty-eight feet. Levi Morehouse has on exhibition. at ware-rooms a new, -Mr. his cabinet patent, combined washing machine and ironing table. -We have just had a nice and nature reviving rain, the consequence is, tobacconists and every one feel mighty gay and uncommonly good natured and facetious. Long may this state of things continue!Herald. SHABON.-At last we haye been visited by frequent showers which have moistened the parched earth, and if it is too late to benefit the corn, it will help the potato crop, and start the fall feed. -The celebrated Swiss Bell Ringers performed before a crowded house in Town Hall on Monday evening. -The Methodist Sunday School held their annual on week. formed in They pic-nic procession, Thursday together of last with the schools at Lime Rock and Falls Village, and headed by the Cornet proceeded to Gov. Holley's grove in Lake+ ville, where they had been preceded by the Salisbury schools, with the Lakeville Cornet Band. The tables were supplied with eatables, to which the grown people as well as the children, did ample justice. so that some of the wagons came home using rails in the place of wheels. Appropriate remarks were made by Rev's. Wainwright, Eggleston, Birch, and Dr H. M. Knight of Lakeville, interspersed with mu. sic by the Bands.-Herald,

3. April 18, 1872 Litchfield Enquirer Litchfield, CT
Article from Litchfield Enquirer, April 18, 1872

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Article Text

Litchfield. The Superior Court resumed its session Wednesday, and is trying the case of Heath & Co. vs. Receivers of Norfolk Bank. It is not expected to try any jury cases, this term. The old firm of Seymour & Seymour is in luck. Judge Seymour is successful in the case between the Danbury and Pahquioque Banks, lately tried before the U. S. Supreme Court, involving $100,000; and E. W. Seymour gets a decision for $24,000 in the suit by the Saugatuck Bridge Co. against the town of Westport. Mr. H. R. Andrews, of Plymouth, has bought the place occupied by Anthony Newton, in Northfield, of A. M. Turner and Walter Filley. Mr. Henry E. Fenn has bought the stage route from this place to the depot, of George Kinney. Mr. Garwood Sanford has been making an addition on the east side of his house. Mr. Julius Deming is to build a residence on the lot east of the Adams place, in West St.

4. November 1, 1882 Connecticut Western News North Canaan, Salisbury, Canaan, CT
Article from Connecticut Western News, November 1, 1882

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Article Text

Obituary. AUSTIN A. SPAULDING, Whose death occurred in Norfolk, Monday, Oct. 16th, deserves more than passing note, he being prominently identified with the interests of the town of his adoption, and where he has lived for many years. Mr. Spaulding was born at New Marlboro', Mass., Feb. 18, 1819, and at the age of eleven years was apprenticed to an uncle who was a farmer living in Norfolk, Conn., with whom he lived until 1834. When of age he commenced the world for himself, and soon after married Louisa J., daughter of Freeman Hart of Norfolk, by whom he had four children-Sarah E., Adelaide E., William A., and Frederick S. Sarah E. married James L. Bragg, now of Canaan. Mr. Spaulding represented his town in the Legislature in 1852. In 1854 he connected himself with a company manufacturing machinery. In 1858 the company reorganized, and commenced the manufacture of hoes for the Southern States, until the beginning of the late war, when they became prostrated. The company then began making Springfield muskets for the government: in this they were successful. At the end of one year of the latter business, Mr. Spaulding withdrew from the firm and turned his attention to farming and stock-raising. He has many times held the position of selectman, and other town offices; was a director in the old Norfolk Bank; was also appointed one of the receivers of the same. At the time of his death he was a trustee of the Norfolk Savings Bank. Mr. Spaulding has held numerous offices in the Congregational Church, of which he was an active member. In his death his family lose an affectionate husband and kind parent, the needy a friend, and the community a man of pure life, great dignity of manner and strict integrity. The funeral sermon was delivered by Rev. Dr. Eddy of Canaan, at his late residence, and was largely attended by relatives and friends of the deceased.