Article Text
a The Bank of the Union, Nashville, suspended last Saturday. The owner, A. J. Duncan, made a deed of trust. The creditors of the bank, it is said, are secured against loss.
18120. Bank of the Union (Nashville, TN)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- May 22, 1869
- Location
- Nashville, Tennessee (36.166, -86.784)
Metadata
- Model
- gpt-5-mini
- Short Digest
8bee63fb53ac7642
Response Measures
None
Description
Article (Fayetteville Observer, 1869-05-27) reports the Bank of the Union, Nashville, suspended last Saturday and that owner A. J. Duncan made a deed of trust and creditors of the bank... are secured against loss. No run is mentioned; suspension appears connected to a deed of trust (voluntary arrangement) and suggests permanent closure. Date inferred from 'last Saturday' before publication (May 22, 1869).
Events (1)
1.
May 22, 1869
Suspension
- Cause
- Voluntary Liquidation
- Cause Details
- Owner A. J. Duncan executed a deed of trust and creditors said to be secured; suspension appears due to a voluntary trust/liquidation arrangement.
- Newspaper Excerpt
- The Bank of the Union, Nashville, suspended last Saturday. The owner, A. J. Duncan, made a deed of trust. The creditors of the bank, it is said, are secured against loss.
- Source
- newspapers
Newspaper Articles (1)
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