Article Text
The Westmoreland (Pennsylvania) Bank, loeated in Greensburg, has suspended payment of its notes. It is thought it may be able to redeem all its paper, by judicious management, after some time.
18691. Westmoreland Bank (Greensburg, PA)
Bank Information
- Episode Type
- Suspension → Reopening
- Bank Type
- state
- Start Date
- October 16, 1829
- Location
- Greensburg, Pennsylvania (40.301, -79.539)
Metadata
- Model
- gpt-5-mini
- Short Digest
4a4b0322
Response Measures
None
Description
Single 1829 newspaper notice reports the Westmoreland Bank (Greensburg, PA) 'has suspended payment of its notes' and suggests it may be able to redeem paper after some time. No run is mentioned and no confirmed reopening date is provided; the article implies an expectation of eventual resumption, so I classify as suspension_reopening.
Events (1)
1.
October 16, 1829
Suspension
- Cause Details
- Announcement states the bank 'has suspended payment of its notes.' No cause given; article only notes expectation it may redeem paper after some time.
- Newspaper Excerpt
- The Westmoreland (Pennsylvania) Bank, loeated in Greensburg, has suspended payment of its notes.
- Source
- newspapers
Newspaper Articles (1)
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