Second National Bank - Norwich, CT

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 224
Charter Number: 224
Start Date: March 3, 1903
Location: Norwich, Connecticut (41.524, -72.076)

Metadata

Model: gpt-5-mini
Short Digest: a0a8790d

Response Measures

None

Description

Article (Mar 3, 1903) states the Second National Bank of Norwich 'will stop business' because its national charter expired Feb 24, 1903 and stockholders voted not to renew — a voluntary cessation leading to closure. A receiver was later appointed (noted in June 1903); the receiver's death is reported June 13. No run is mentioned in the articles.

Events (4)

1. February 1, 1864 Chartered

Source: historical_nic

2. February 24, 1903 Voluntary Liquidation

Source: historical_nic

3. March 3, 1903 Suspension

Cause: Voluntary Liquidation
Cause Details: National charter expired Feb 24, 1903; stockholders voted not to renew charter, bank will stop business.
Newspaper Excerpt: The Second National Bank of Norwich will stop business. The national charter expired February 24, 1903, and the stockholders have voted not to renew.
Source: newspapers

4. June 13, 1903 Receivership

Newspaper Excerpt: Judge Charles W. Carter, who was recently appointed receiver of the Second National bank of this city, died today after a short sickness.
Source: newspapers

Newspaper Articles (3)

1. March 3, 1903 The Daily Morning Journal and Courier New Haven, CT

Article from The Daily Morning Journal and Courier, March 3, 1903

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Article Text

LOCAL SECURITIES. New York, New Haven and Hartford railroad remains steady in price, 216 to 218 1-2. Northwestern railroad rights expire March 18th; they have sold from 14 to 13. The National Park Bank, of which there are some local holders, is offering present holders the right to subscribe for one new share at $300 per share for each two shares held. Rights accrued February 17, expiring April 8. Swift & Company stock is quite neglected, with a few sales at 124 to 125. Diamond Match dividend is payable March 12. The annual meeting of the Pennsylvania railroad stockholders will be held on Tuesday, March 10. The Bridgeport Hydraulic (Water) Company has applied to the legislature for authority to increase its capital from $1,500,000 to $3,000,000. About $700,000 of the new stock will soon be issued for improvements. The company has no bonded debt. The Michigan Telephone Company is in the hands of a receiver, appointed last week. The Second National Bank of Norwich will stop business. The national charter expired February 24, 1903, and the stockholders have voted not to renew. The clearings and balances of the New Haven banks for the five business days of last week, and for the six business days of the corresponding week of 1992, are furnished by the secretary of the New Haven Clearing House:

2. June 13, 1903 The Providence News Providence, RI

Article from The Providence News, June 13, 1903

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Article Text

# JUDGE CARTER DIES AT NORWICH. Norwich, Conn., June 13.-Judge Charles W. Carter, who was recently appointed receiver of the Second National bank of this city, died today after a short sickness. He was an active 33rd. degree Mason of the Scottish rite, Northern Jurisdiction, and was also illustrious commander in chief of the Connecticut Sovereign consistory. For many years he was a judge of probate. In 1878 he was the Democratic candidate for congress from the Third Connecticut district, but was defeated.

3. June 14, 1903 New-York Tribune New York, NY

Article from New-York Tribune, June 14, 1903

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Article Text

OBITUARY NOTES. Mrs. Sarah A. Freeborn, who died Thursday at her home, No. 135 West One-hundred-and-thirtiethst., was an old resident of Harlem, the widow of Thomas C. Freeborn, who was one of Harlem's early business men. Mrs. Freeborn leaves a son, six daughters and a number of grandchildren. The funeral took place last evening at her home. Norwich, Conn., June 13.-Judge Charles W. Garter, recently appointed receiver of the Second National Bank, of this city, aied to-day after a short illness. -Ile was an active thirty-third degree Masor of the Scottish Rite, Northern Jurisdiction, and was illustrious commander in chief of the Connecticut Sovereign Consistory. For many years he was a judge of probate. In 1878 he was the Democratic candidate for Congress from the 111d Connecticut District, but was defeated. Asbury Park, N. J., June 13 (Special).-Miss Eleanor W. Mulford, proprietor of the Knickerbocker Hotel, and for eighteen years a hotelkeeper here, died suddenly to-day from enlargement of the liver. Miss Mulford was sixty-nine years old. She came originally from Staatsburg, N. Y. Trenton, N. J., June 13.-Mrs. Matilda M. Hamill, widow of the Rev. Dr. Samuel M. Hamill, for fifty years connected with the Lawrenceville School, died in this city to-day, after an illness of five weeks. She was eighty-six years old and a woman of much ability. She was for many years one of the most active members of the old Lawrenceville Presbyterian Church. She leaves two sons and one daughter. One of the former is Hugh H. Hamill, president of the Trenton Trust and Safe Deposit Company. The funeral will be held Tuesday afternoon. White House, N. J., June 13.-Walter Stevens, aged fifty-five years, died to-day near Burnt Mills from paralysis. He came of an old Virginia family, and lived in this State nearly all his life. He was a prominent commission merchant in NewYork years ago. His wife died recently.