National Bank - Bellows Falls, VT

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 1653
Charter Number: 1653
Start Date: November 30, 1871
Location: Bellows Falls, Vermont (43.133, -72.444)

Metadata

Model: gpt-5-mini
Short Digest: 69e33a7ca025240b

Response Measures

None

Receivership Details

Depositor recovery rate: 100.0%
Date receivership started: 1934-01-15
Date receivership terminated: 1940-04-30
Share of assets assessed as good: 70.6%
Share of assets assessed as doubtful: 25.8%
Share of assets assessed as worthless: 3.6%

Description

The article (Rutland Weekly Herald, 1871-11-30) lists a court case titled 'A. L. Miner, Receiver v National Bank of Bellows Falls', indicating the bank had a receiver assigned. The brief notice does not mention any run or temporary suspension/reopening — only a receivership in court — so I classify this as a suspension leading to closure (receiver assigned). No explicit dates of suspension or runs are given in the text.

Events (3)

1. June 12, 1866 Chartered

Source: historical_nic

2. November 30, 1871 Receivership

Newspaper Excerpt: A. L. Miner, Receiver V National Bank of Bellows Falls et al. With the Court. Judge Royce to deliver the opinion.
Source: newspapers

3. January 15, 1934 Receivership

Source: historical_nic

Newspaper Articles (1)

1. November 30, 1871 Rutland Weekly Herald Rutland, VT

Article from Rutland Weekly Herald, November 30, 1871

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Article Text

supreme Court-State of Vermont GENERAL TERM. JOHN PIERPOINT, Chief Justice. JAMES BARRETT, ASAHEL Pack. Assistant HOYT H. WHEELER, HOMER E ROYCE. Judges. TIMOTHY P. REDFIELD, JONATHAN Ross, The general term of the Supreme Court elosed its session in this place on Friday of last week. The following cases were heard, and disposition made of them 28 follows: From Chittenden County-Gen. F. Et. monde & Jumes Cheever V. Morillo Noyes & Adelia A Fletcher. With the Court: Judge Pierpoint to give the opinion. William S. Driggs V Oscar A. Burton Judgement of County Court for plaintiff reversed and cause remanded for new trial. Judges Barrett and ROSB dissenting. From Franklin County-A O. Aldis et al. v. G. M Hall Al. Decrea of chan. celler dismissing bill ffirmed And canso remended to court of chancery. Judge Barrett dissenting. From Rusland Countv-Nathaniel A Backlin V. Town of Sudbury. With the Court ; Jadge Barrett to give the opinion. From Windham County-Edward D. Pimpton V Waldo Converse. With the Court ; Judge Ross to give the opinion. Joseph M. Chase and wife V. Abel G-1 pin and wife. With the Court; Judge Pierpoint to give the opinion. From Windor Country-Daniel Tilden V. Miner. Smith & Moriar'v & Tr.-M-rchants' National Bank. Chicago, claimants. Judgement of the County Court reversed, and judgment that the trustee be discharged, and that the fund belongs to the claim ints, and that the claimants recover coste. Frem Orleans County-Portus H. Smith V. Marshal B. Hall. Continued to regular term. Andrew McCleary V. Town of Lowell. Indement of County Court for plaintiff affirmed. From Caledonia County-A. L. Moore V. Leander Quint. Judgement of County Court for plaintiff reversed, and cause remanded. Walter D. Bean V. Caphas Hill and wife. Judgement of County Court reversed and decree for orator for $102.75 with interest. Town of St. Johnsbury V. Warren Goodenough Judgement of County Court for plaintiff reversed, and cause remanded. Adolphna Holton V. Alonzo Crandall, et al. With the Court; Judge Pierpoint to give the opinion. From Washington County-A. L. Miner, Receiver V National Bank of Bel. lows Falls et al. With the Court. Judge Royce to deliver the opinion. A. L. Miner. Receiver. V. National Bank of Brattleboro. With the Court. Judge Royce to give the opinion. John P. Jenes V. Town of Waterbary Judgment of the Count Court for defendant affirmed. D P. Speacer V. Abijah Bemis. Mieentry. I W. Brown V. L. W. Avery apt. Judgment of County Court Affirmed, without CORTR in either party in this court. B. F. Scott adm. V. Town of Cabot. Jndgment of County Court for defendant affirmed. Charles T. Batchelder V. Charlee H. Kinney. Jadement of County Court for plaintiff rever-ed and CANAA remanded. Joseph A. Wing. adm. V. N. Hall and J. R. Darling. With the Court The opinion to be delivered by Judge Wheeler Frank Plemley, of Nort fi-Id. was admitted to practic in the Sapreme Court of this State.-Montpelier Journal.