18974. Central Bank of Virginia (Staunton, VA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 24, 1867
Location
Staunton, Virginia (38.150, -79.072)

Metadata

Model
gpt-5-mini
Short Digest
d712e50123e5a5d6

Response Measures

None

Description

Newspaper reports (Jan 24-26, 1867) state that a U.S. District Court granted an injunction and appointed receivers for the Central Bank of Virginia at Staunton in the suit of Benjamin Cater/Cator; about $40,000 involved. No mention of a depositor run or reopening—receivership indicates closure.

Events (1)

1. January 24, 1867 Receivership
Newspaper Excerpt
the court has rendered a decision granting an injunction, and appointing General Bradley T. Johnson and Major T. Hennissey as receivers. There were about $40,000 involved in the suit.
Source
newspapers

Newspaper Articles (3)

Article from Alexandria Gazette, January 24, 1867

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Article Text

RECEIVERS APPOINTED. - In the case of Benjamin Cater, of Baltimore, VS. the Central Bank of Virginia, (at Staunton,) et al., for an injunction to set aside an assignment, which was argued before the U. S. District Court, sitting in this place, last week, the Court has rendered a decision, granting an injunction, and appointing Gen. Bradley T. Johnson and Maj. T. Hennissey as receivers. There were about $40,000 involved in the suit.


Article from Staunton Vindicator, January 25, 1867

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Article Text

An important decision has just been rendered in the case of Benjamin Cator, of Baltimore vs The Central Bank of Staunton, in the United States District Court for Eastern Virginia, at Alexandria. Mr. Cator brought suit to set aside an assignment made by the Bank and the judge ordered an injunction to be issued against the trustees, and appointed receivers. About $40,000 are involved in this case.


Article from The Daily Dispatch, January 26, 1867

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Article Text

RECEIVERS APPOINTED.-In - the case of Benjamin Cater, of Baltimore, vs. the Central Bank of Virginia (at Staunton) et al., for an injunction to set aside an assignment, which was argued before the United States District Court sitting in this place last week, the court has rendered a decision granting an injunction, and appointing General Bradley T. Johnson and Major T. Hennessey as receivers. There were about $40,000 involved in the suit.-Alezandria Gazette, 24th.