Article Text
The Northampton Bank. After weathering the storm for upwards of a year, and trying to resuscitate their institution in every possible way, the Directors of the Northampton Bank, at Allentown, were obliged to close its doors on Thursday last. Their "promise to pay" notes had depreciated from fifty to sixty per cent. on the dollar, and could scarcely find purchasers at that ruinous rate of discount. Numerous suits were also brought against the Bank in Lehigh county. Finding it impossible to stand up against all this, they shut up on Thursday; in the hope, however, of soon being able to open and To this end, we are informed, go on smoothly. they have sent on a committee to New York, to negotiate funds. We hope they may be successful in their mission. The Bank has many friends in Allentown, and its vicinity, who will do every thing in their power to resuscitate it.