Article (County Record, 1898-12-08) reports the American Savings Bank at 35 Broad Street, New York, suspended payment yesterday and will go into the hands of a receiver. No run is mentioned. Date of suspension inferred as 1898-12-07 (paper dated 1898-12-08 says 'yesterday').
Events (2)
1.December 7, 1898Receivership
Newspaper Excerpt
will go into the hands of a receiver.
Source
newspapers
2.December 7, 1898Suspension
Cause Details
Article gives no reason for suspension; simply reports suspension and impending receivership.
Newspaper Excerpt
The American Savings Bank, 35 Broad street, W M Counor' President, suspended payment yesterday
Source
newspapers
Newspaper Articles (1)
1.December 8, 1898The County RecordKingstree, SC
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Article Text
The American Savings Bank, 35 Broad street, W M Counor' President, suspended payment yesterday and will go into the hands of a receiver.