National Valley Bank - Staunton, VA

Episode Information

Episode UID: 162000966
Episode Type: Suspension → Reopening
Bank Type: national
Bank ID: 16200 national
Charter Number: 1620
Start Date: June 15, 1880
Location: Staunton, Virginia (38.150, -79.072)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 50988c355c9c39a1

Response Measures

None

Description

Closure was a temporary suspension for a funeral, not a distress-related suspension.

Events (2)

1. December 13, 1865 Chartered

Source: historical_nic

2. June 15, 1880 Suspension

Cause Details: Bank temporarily suspended business during the funeral of Nathaniel P. Catlett (bank officer).
Newspaper Excerpt: the business of the Bank will be suspended during the progress of the funeral
Source: newspapers

Newspaper Articles (1)

1. June 15, 1880 Staunton Spectator Staunton, VA

Article from Staunton Spectator, June 15, 1880

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Article Text

Death of Nathaniel P. Catlett. It is with unfeigned feelings of sorrow that we announce the death of oneofourmost valued citizens-Nathaniel P. Catlett-which took place at his residence in this city on Sunday night, the 13th inst., between 10 and 11 o'clock, in the sixty-third year of his age. Although Mr. Catlett had been quite ill for a week its fatal termination was not suspected until Sunday morning and the news fell upon the ears of our citizens yesterday morning with shock that has cast a gloom over our community. Mr. Catlett was, we believe a native of Culpepercounty, and Staunton or more years ago and soon became an officer in the old Valley Bank. After the war he held for number of years a position in the National Valley Bank, and upon the organization of the Augusta National Bank, he received the appointment of Cashier, which position he held to the time of his sudden taking off. Soon after arrival in Staunton, he intermarried with Miss BettlaBreckenridge. In the death of Mr. Catlett our community has lost a most estimable and worthy citizen and his family a devoted husband and affectionate father, No more will his familiar form and genial face be seen in our midst, and how Lorely he will be missed by his wife, children and relatives can only be known to theSearcher of all hearts. A good man has been taken from us, but his good name still lives with us. His funeral will take place this morning at 10 b'clock from Trinity (Episcopal) Church. The following resolutions were adopted by the National Valley Bank, the Augusta National Bank, and the Vestry of Trinity church of this city:AUGUSTA NATIONAL BANK OF STAUNTON) June 14, 1880. The Board of Directors of the Augusta National Bank of Staunton enter upon their minutes the memorial of their grief and sense of loss caused by the death of Nathaniel P. Catlett, the Cashier of this Bank. That since the organization of the Augusta National Bank of Staunton, it has been under the judicious direction of Nathaniel Pendleton Catlett as its Cashier and chief financial officer. From the midst of its early struggles and uncertain hopes, he has wisely, prudently, and patiently led it on, increasing the sphere of its usefulness, widening the circle of its friendships, and enlarging the field of its usefulness, until has now become success, and one of the prosperous Banking Institutions of the country And, in very great measure, these results have been achieved by his skill in business affairs, his gentle courtesy and politeness of manner, and his just regard for the feelings and rights of others, blended with a firmness which never yielded to solicitation against the command of duty, while, at the same tim duty was so tempered by kindly courtesy that even the disappointed accepted the occasional refusal of requests as if the favors asked for had igranted Rarely indeed, have the responsible, the delicate and the difficu which belong to the office of Cashier, been entrusted to one who more truly appreciated arged them. And this Board will long miss his patient industry, his vigilant carefulness, and intel ligent imination in executing the high trust which has been to him for so many years, and with such well-deserved confidence in his skill and integrity 2. That, in his bearing and relation to this Board, Nathaniel P. Catlett was the model of minded and christian tempered gentleman always courteous and respectful in manner, gentle in spirit, full of genial sympathies, and lover of peace and good towards all men while the same time, where principle was or duty commaned, he was inflexible in adheri ing to the right-and the men bers of this board will ever cherish, with tender sorrow, the memory of their pleasant intercourse with him, and will mourn, not only for the loss of the faithful officer, but of the agreeable and cherished friend; and with the whole of our community will grieve "that the places,' in business circles, in social life, in the ,and in the church which he so dearly loved, "that once knew him, shall know him nc fore more 3. That the Board tender the afflicted family of their deceased friend, the expression of their sincere sympathy with them in their great bereavement and commen them to the care of of Him the who is "the Father of the fatherless, and the Husband widow. Thatthe members of this Board will attend body the funeral of Mr. Catlett, and will cause the Bank building to be draped in mourning for the period of thirty days. 5. That the Secretary communic copy of the foregoing resolutions to the family the deceased, and cause the same to be published the in city papers. At a meeting of the Board of Directors of the National Valley Bank, held at their Banking House, Monday June 14th. 1880, the Cashier laid before the Board a communication of Hugh W. Sheffey, President of the Augusta National Bank or Staunton, announcing the death of N. Catlett. Cashier of the Augusta National Bank, at his residence at 10 o'clock, Sunday night. Whereupon it was Resolved, That the Board of Directors and officers of this Bank have heard with sincere sorrow of the death of Mr. Catlett, and that they will attend his funeral and pay due honors to his memory in body, and that the business of the Bank will be suspended during the progress of the funeral Resolved, That during the many years that Mr. Catlett was an officer of this Bank, he won the confidence and affection of every one connected with it, and that since his connection with the Augusta National Bank, he has by his upright and honorable intercourse but added to our respect and esteem for him. Resolved, That by the death of Mr. Callet every material of our town has fered great loss and that his death is universally regretted. Resolved, That copy of these resolutions be furnished the Augusta National Bank, to the family of our deceased friend and to V.ie city papers for publication. A Copy- Teste, THOS. A. BLEDSOE, Cashier and ecretary. At a meeting of the Vestry of nity church, Staunton, held on Monday, the 14th day of June, 1880, it was announced that Nathaniel P. Catlett, Esq., member of this Vestry. and one of the Wardens of the sourch, departed this life at his residence in Staunton, on yesterday, the 13th inst., at 10:30 o'clock, P. M, whereupon the following preamble and resolutions were adopted:WHEREAS, It hath pleased our Heavenly Father to remove from the scenes of earth our friend and brother. Nathaniel Pendleton Catlett, who was at the time of his death, and had been for many rs, Vestry man of this church and one its Wardens: and whereas, we desire to place on record some testimonial of our sense of his great worth and of the loss that has been sustained by us in his removal from midst; therefore resolved That in the death of Nathaniel P. Catlett. this Vestry has lost an invaluable mem and officer; Trinity church one of her most devoted and loving sons, and this community one ited its and best benevolent business men, and most public-spircitizens. He was. indeed, among the best of men. He lived not for himself. Not only was he kind and those associated with him in business not only was he upright and honorable in all his transactions, butit is, perhaps, not too much to say that no appeal was ver made to his charity or generosity without meeting hear response, Nothing gave him more than to aid in relieving the necessities or contributing to the happiness of others. God Above all, he was a God-fearing and man That to his bereaved and sorrow-stricken family hose to whom was all that considerate, tender, loving. affectionate husband, father and brother could be-we tender our sincere condolence: reminding them that they not those without hope that if they are faithful to life's end, as he was, there will neither bea re-union change in nor that sorrow. better world that knows 3. That we will attend the funeral of our deceased brother in a body, and wear the usual badge of mourning for thirty days. That the Register send copy of these resolutions to the family of our deceased brother, and that he also furnish copies to our city papersand the Southern Churchman, with the request that they publish the same. A Copy, P. H. TROUT, Register. NOTICE. STAUNTON, Y. M. C.A. Hall, June 15, 18301. To the members of Staunton Association You are respectfully requested, both active and associate members, to meet at the Hall this morning at half past nine o'clock to take action relative to the death of our Brother N.P. Catlett, Esq. Members will please come prepared to attend body the funeral at Trinity Church at 10 A. M. T. C. MORTON, Pres't CALL on T. M. TURN at Olivier's Bookstore, and he will repair your Watch, Clock, or any article of Jewelry as durably and neatly as it is possible to do. His charges are very reasonable and work fully warranted. Call on him done. when you want work in his line promptly may25-6m For first-class travelers between Cincinnati and St. Louis, the ANDALIA stands far ahead of its rivals in the magnificence of its track, rolling stock and equipments.