Honesdale Bank - Honesdale, PA

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 1, 1848*
Location: Honesdale, Pennsylvania (41.577, -75.259)

Metadata

Model: gpt-5-mini
Short Digest: b3fc5cdeef74af7e

Response Measures

None

Description

Short newspaper item (1848-01-14) lists Honesdale Bank among banks that have blown up or are entirely gone down. No detailed account of a run or temporary suspension is provided; the item implies permanent failure. Date of failure not stated in article; I use the publication date as a reference. OCR appears correct for the bank name.

Events (1)

1. January 1, 1848* Suspension

Cause Details: Article simply lists Honesdale Bank among banks that have 'blown up' / 'are entirely gone down'; no specific cause given.
Newspaper Excerpt: They have acted worse, for when Democratic papers warned the people against certain banks ... Atlas Bank ... Wyoming Bank, Honesdale Bank, Mineral Bank, Md,
Source: newspapers

Newspaper Articles (1)

1. January 14, 1848 The Democratic Pioneer Upper Sandusky, OH

Article from The Democratic Pioneer, January 14, 1848

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Article Text

WHIGS AND BANKS!!! It is really laughable to see the whig pa. pers come out, after banks are entirely gone down, and warn the people to have nothing to do with such banks-they are broke. This is a great time to warn, after the worst has taken place. It is a great advantage to a man if you see his house on fire-let it burn down, and then give the alarm, is it not! Well, the Whig papers have just acted in this very manner in relation to the late banks that have blown up. They have acted worse, for when Democratic papers warned the people against certain banks the whig papers would come out and say it was all a locofoco lie, got up to run on the banks. But within a few days the whigs are publishing the following liet of their pets, and telling the people to beware of these banks: Atlas Bank, Clymer, N. Y. New Hope and Delaware Bridge Co. Susquehanna County Bank, Pa. " Bank of Erie, West Branch, Williamsport, " " Wyoming Bank, " Honesdale Bank, " Mineral Bank, Md,