19755. Mount Vernon Bank (Providence, RI)

Bank Information

Episode Type: Suspension → Reopening
Bank Type: state
Start Date: November 13, 1856
Location: Providence, Rhode Island (41.824, -71.413)

Metadata

Model: gpt-5-mini
Short Digest: e55deb19

Response Measures

None

Description

Articles show a brief stoppage in payments in Nov 1856 when state commissioners examined the bank and it was said it would 'resume payment in a day or two.' In the wider Panic of 1857 (late Sept 1857) the Mount Vernon Bank is listed among numerous Rhode Island banks that suspended specie payments. There is explicit evidence of suspension(s) but no clear article in this set showing permanent failure or receiver assignment; earlier 1856 note suggests at least one temporary resumption. I therefore classify as suspension_reopening (suspension with no documented permanent closure in these articles).

Events (2)

1. November 13, 1856 Suspension

Cause: Government Action
Cause Details: State governor sent commissioners to examine the bank; bank 'paying nothing to-day' during the examination but commissioners pronounced it able to meet liabilities and expected resumption in a day or two; suspension due to official examination/precautionary stoppage by authorities.
Newspaper Excerpt: PROVIDENCE, Nov. 13, 1856. ... The Mt. Vernon Bank is paying nothing to-day. The Governor last evening sent commissioners in to examine their affairs, who pronounce the Bank able to meet all its liabilities, and they will resume payment again in a day or two.
Source: newspapers

2. September 28, 1857 Suspension

Cause: Macro News
Cause Details: Part of the broad wave of suspensions during the financial panic of 1857; statewide suspension of Rhode Island banks amid panic and failures elsewhere.
Newspaper Excerpt: PROVIDENCE, Sept. 28.-The following are the names of the banks of this city which suspended to-day: ... Mount Vernon ... All the other banks in the State are reported as having followed the example and suspended.
Source: newspapers

Newspaper Articles (10)

1. November 15, 1856 New-York Daily Tribune New York, NY

Article from New-York Daily Tribune, November 15, 1856

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ENTERED FOR CONSUMPTION. Valu'n. Manuf. of Pkgs. Valu'n. Manuf. of Pkgs. 375 Wool Micellaneous 438 $73,553 $158,050 Cotton 575 134,439 Silk Total $679,234 1,992 295 244,188 1855 Flax 895,412 309 2,487 89,004 WITHDRAWALS. Valu'n. Manuf. of Manuf. of Valu'n. Pkgs. Pkgs. 126 Wool 55 Miscellaneous. $4,674 $19,284 Cotton 57 11,885 281 Silk Total $46,712 14 5,697 1855 146 Flax 29 41,520 5,772 WAREHOUSED. Valu'n. Pkgs. Manuf. of Manuf. of Vain'n. Pkgs. 965 Wool $22,764 Miscellaneous. 169 $38,740 Cotton 289 46,770 Total Silk 1,808 $210,599 121 54,422 305,189 1855 264 Flax 1,116 47,703 At a meeting of the new Directors of the Third Avenue Railroad Company. whose names we have before published, held at the office of the Company, corner of Sixty-first street and Third avenue on Thursday night, the following officers were elected for the ensuing year: President, William A. Darling; VicePresident, William Remsen; Secretary, Samuel B. Isaacs; Treasurer, John L. Geib; Superintendent of Road, William H. Schenck; Superintendent of Stables, 3. S. Merriam. The following slip has been sent us from the office of Thompson's Bank Note Reporter: PROVIDENCE, Nov. 13, 1856. JOHN THOMPSON, esq.-Dear Sir: Yours of the 12th inst., with bills of Mt. Vernon Bank. is received. The Bank is paying nothing to-day. The Governor last evening sent commissioners in to examine their affairs, who pronounce the Bank able to meet all its liabilities, and they will resume payment again in a day or two. It is understood that a change will be made in the management, and one of the stockholders, a wealthy gentleman, will be placed at the head of the Bank. Yours truly. The Bank of the Republic, Providence, the failure of which was announced some weeks since, appears to be a bad wieck. The suspension of Mr. Marvin, the President of the Stock Board, was announced to-day. He has resigned the Presidency. His operations have been, of late, on the bear side. The business of the Clearing House was $26,196,500. The Money market on call has undergone a cided change within a few days for the better, and is easier now than at any time within a month. All the large stock-houses are well supplied and borrowers find no difficulty, with good securities, in supplying their wants. Paper is about 1 P cent easier than early in the week, and first-class names now go freely at 9@10 P cent. The demand for accommodation is moderate, and the inquiry for paper is large. The earnings of the Milwaukee and Horicon Railroad for last month are $9,426 06. The average length of line in operation was nineteen miles. The Superintendent of the Banking Department at Albany yesterday offered for sale at auction the bonds and mortgages deposited by the State Bank at Sacket's Harbor, in part security for its circulating notes. The mortgages amounted to $21,234, and sold for $18,685, which, we think, is the best sale of mortgages ever made by the Bank Department. The Second Mortgage Bondholders who bought the Albany Northern Railroad, have organized under the title of the Albany, Vermont and Canada Railroad Company. William White is the President and Superintendent. Annexed is the comparative receipts for Customs at New-Orleans for the quarter ending on the 30th Sept., 1854. 1855 and 1856:

2. December 6, 1856 The Weekly Minnesotian Saint Paul, MN

Article from The Weekly Minnesotian, December 6, 1856

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BANK MATTERS.-The Bank of the Republic, Providence, the failure of which was announced some weeks since, appears to be a bad wreck. A letter to Thompson's Bank Note Reporter, under date of Providence, Nov. 13, says, "The Mt. Vernon Bank is paying nothing to-day. The Governor, last evening, sent commissioners in to examine the affairs, who pronounce the bank able to meet all its liabilities, and they will resume payment again in a day or two." The Columbus (Ga.) Enquirer states that an investigation of the affairs of the suspended Manufacturers and Mechanics' Bank was made a few days ago by a receiver appointed for that purpose, and that the resources available for the redemption of its liabilities were found to be very scant. It is said that the amount outstanding is about $20,000. Some sales of its paper have been made as low as 25 cents on the dollar.

3. September 10, 1857 Holmes County Republican Millersburg, OH

Article from Holmes County Republican, September 10, 1857

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Banks in bad Repute. The paper of the following Banks has been thrown out of the Eastern Banks, and they are reported "broke." It is altogether probable, though, that as soon as the present panic has subsided a little, that most or all of them will resume business again: Bank of Hallowell, Hallowell, Maine. Exter Bank, Exter, N. H. South Royalton Bank, South Royalton, Vt. Rhode Island Central Bank, E. Greenwich, R. I. Farmers' Bank, Wickford, R.I. Mount Vernon Bank, Providence, R. I. Tiverton Bank, Tiverton, R.I. Wooster Bank, Danbury, Ct. Commercial Bank, Perth Amboy, N.J. Bergen, County, N.J. Sacketts Harbor (or Reciprocity.) Buffalo Hollister Bank, Buffalo. Chemung County Bank, Horseheads.

4. September 26, 1857 Columbia Democrat and Bloomsburg General Advertiser Bloomsburg, PA

Article from Columbia Democrat and Bloomsburg General Advertiser, September 26, 1857

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W. A. J. BRITTAIN, Sec'y. Suspended and Broken Banks. For the information of our readers, and in order to guard them against receiving worthless money, we publish the following list of recently suspended and broken Banks, which has been carefully compiled and compared with the list of the brokers in the city. It is gratifying to note that thus far in the present financial crisis, not a single Pennsylvania Bank is included in the list It is to be hoped they will be able to ride out the storm. Mechanics' Banking Association, N. Y. Farmers' Bank of Saratoga county, N. Y. Sacketts Harbor Baok, Buffalo, Reciprocity Bank, Buffalo. Chemung County Bank, Horseheads, N. Y. Ontario Bank, Vica, N. Y. Ontario County Bank, Phelps, N. Y. Oliver Lee & Co.'s Bank, Buffalo, N. V. Hollister Bank, Buffalo. Niagara River Bank, Towanda, N. Y. Bank of Orleans, Albion, N. Y. Huguenot Bank, New Paltz, N. Y. New-York County Bank, N. Y. Farmers' Bank, Wickford, B. I. Mount Vernon Bank, Providence, R. I. Rhode Island Central Bank, East Greenwich, R. I. Bank of South County, Wakefield, R. I. Warwick Bank, Warwick, R. I. Tiverton Bank, Tiverton, R. I. Bank of Hallowell, Maine. Hancock Bank, Ellsworth, Maine. Danby Bank, Danby, Vt. Bergen County Bank, Hackensack, N. J. Bank of New Jersey, New Brunswick, N. J. Merchants Exchange Bank, Bridgeton, Ct. Wooster Bank, Wooster, Ct. Sanford Bank, Sanford, Maine. Monson River Bank, Monson, Mass. Kanawha Bank, Virginia. Miama Valley Bank, Dayton, Ohio. S Bank of West Tennessee, Memphis, Tenn. a Agricultural Bank, Brownsville, Tenn, d Bank of Commerce, Georgetown, D.C. Colchester Bank, Connecticut.

5. September 30, 1857 The Daily Dispatch Richmond, VA

Article from The Daily Dispatch, September 30, 1857

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PRICE ONE CENT. eboral discount have had to be endured. As thing, the banks are evidencing a CO1 nmend le degree of unanimity in endeavoring to mitigate the adverse influence of the suspension. Nearly, if not all the banks paid out specie yesterday in small sums, when the wants of the applica nt were known to be urgent and made in good faith. SUBTENSIONS AT ST. LOUIS. Dailey & Barksdale and J. J. Anderson & Co., of St. Louis, suspended Monday morning. Both firms are extensive bankers. Mr. Anderson is also owner of the Bank of St. Louis, recently estriblished under the new banking law. He is understood also to have been principal owner of the Rhode Island Central Bank, recer tly failed. These failures produced a great flutte. ing, having been totally unexpected. There is much excitement also in the city and state of Missouri, in consequence of the bank suspensions at Phila lelphia and Baltimore. FAILURE OF A TENNESSE E BANK-EXCITEMENT AT LOUISVILLE. Intelligence has re ached Louisville, Kentucky, that the Bank of Nashville has failed, and made an assignment. The brokers of Louis ville now refuse all issues of the Tennessee Banks. There is great excitement in financial circles in consequence of the recent developments, and the curre ncy market is in a state of utter confusion. The notes of the old State banks of Missouri command a premium here of one per cent. SUSPENSION OF THE RHODE ISLAND BANKS. It is learned that all the Rhode Island banks have suspended specie payments. PROVIDENCE, Sept. 28.-The following are the names of the banks of this city which suspended to-day: The Arcade, American, Atlantic, Bank of America, Bank of Commerce, Atlas Bank, Bank of North America, Bank of the Republic, Blackstone Canal Bank, Butchers' and Drovers' Bank, City Bank, Commercial, Continental, Eagle, Exchange, Globe, High Street, Jackson, Liberty, Lime Rock, Marine, Manufacturers', Mechanics', Mechanics' and Manufacturers', Mercantile, Merchants', Mount Vernon, National, Northern, Pawtucket, Phenix, Providence, Roger Williams, Traders', Union, Westminister and What Cheer and Weybosset Banks. All the other banks in the State are reported as having followed the example and suspended. Their liabilities to the public are not over a quarter of their capital.

6. October 1, 1857 Quasqueton Guardian Quasqueton, IA

Article from Quasqueton Guardian, October 1, 1857

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Broken and Suspended Banks. A friend sends us the following complete and reliable list of Bank suspensions and failures of recent date, which will undoubtedly be of service to many of our readers: Hancock Bank, Maine. Bank of Hallowell, Maine. Exchange Bank, Maine. Exeter Bank, N. H. South Royalton Bank, Vermont. Danby Bank, Vermont. Wooster Bank, Connecticut. Merchants Exchange Bank, Bridgeport, Ct. Mercantile Bank, Hartford, Conn. Bank of North America, Seymour, Ct. Colchester Bank, Conn. Farmers' Bank, Wickford, R. I. Tiverton Bank, R. I. Arcade Bank, Providence, R. I. Warwick Bank, Warwick, R. I. Mt. Vernon Bank, Providence, R. I. Rhode Island Central Bank, R. I. " Bank of the South County, " Bank of Kent, Farmers' Bank of Saratoga, N. Y. " Ontario Bank, Utiea, " Fort Plain Bank, Ft. Plain, " Hollister Bank, Buffalo, " Reciprocity Bank, Buffalo, " Sacketts Harbor Bank, " Oliver Lee & Co's Bank, " Chemung County Bank, " Niagara River Bank, " Ontario County Bank, " Chemung Canal Bank, " Buffalo Bank, " Tonawanda Bank, " Phelps' Bank, " New Palt Bank, " Western Bank, Lockport, " Yates County Bank, .. Niagara County Bank, " International Bank, Buffalo, " New York Security Bank, " Unadilla Bank, " State Bank, Sacketts Harbor, " Huguenot Bank, " Bank of Albion, " " Corning, " " Lima, " " Orleans, Albion, Island City Bank, New York city. Mechanics' Banking Association, New York city. American Bank, Trenton, New Jersey. " Bergen County Bank, " Cataract City Bank, Paterson, " Iron Bank, Rockaway, " Haversack Bank, " Commercial Bank, " Bank of New Jersey, Trenton, " " " New Brunswick, Warren County Bank, Pennsylvania. " Farmers' and Drovers' Bank " Honesdale Bank, " Erie City Bank, Erie, " Bank of Middletown, Seneca County Bank, Tiffin, Ohio. " Sandusky City Bank, " Miami Valley Bank, " City Bank of Cincinnati, Bank of Kanawha, Virginia. Trans-Alleghany Bank, " Zimmerman Bank, Canada. Agricultural Bank, Tennessee. " Ocoe Bank, " Shelbyville Bank, Bank of West Tennessee, " " Bank of America, " Bank of East Tennessee, Peninsular Bank, Detroit, Mich. " Bank of Tecumseh, Rock River Bank, Wis. Farmers' Bank of Hudson, Wis. Bank of Elgin, Illinois. Bank of Naperville, Ill. Cumberland Savings Bank, Maryland. " Cecil Bank, " Hagerstown Bank, Farmers and Mechanics, Kent co, Md. Farmers and Marchants Greenshe

7. October 8, 1857 The Evansville Daily Journal Evansville, IN

Article from The Evansville Daily Journal, October 8, 1857

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DISCREDITED DANKS. The following is a corrected list. to date, of recen SUSPENDED and DISCREDITED Banks: Arcade Bank, Providence, R 1. America Bank, Trenton, N,J., Agricultural bank, Tenn. Agricultural Dank, Herkiner, N.Y. Bergen County Bank N.J. Bank ofCasandigua, N. Y. do Naperville, Iif. do Belleville, do do Nashville, Tennessee. do Springfield, Ohio. do T cumsch, Machigan. do Orieans, N.Y. do New Jersey, New Brunswick, N.J. do Kent, R.T. do Halloweil, Me. do America, Lenn. do West Termessee, Tenn. do Parts, Term. do Corn If N.Y. do the South County, R.I. do North America, Connecticut. do Kanawha. Virginia. do Eig 11, III, S. S., small circulation. do the Capitol, Indianapolis, Ind., S. do Midd.etos, Penn. do Wateriown, N.Y. do Clrester, III. do Egm, do to Pine County, III. Central Bar k, Indianapolis, Ind., 4. S. Chemung County Bank. Horse Heads, N. Y., S. Changer Bank, Columbus, Olfio. Qty Bank, N.J. Cumberland Savings Institute, Md. Contrercial Bank, Columbia, N. C. Citizens' Bank, Tenn. Corn Exchange Bank, 111. Charter Oak Bank, Ha ford, Conn. Colchester Bank, Conn. Dan' Bink, Dayton Bank. Ohio. Diryman's bank, Newport, N.Y. ellsworth Bank. Maine. Exeter Bmk. N. 11. Exchang Bluk. Pa Ex hange Bank. Huttford, Conn. Farmers' Dank 01 catoga Co., N. Y.,s.s Farmers' and Ma niccurer's Bank, Poughkeepsie. Farmers' Bank, Wickford, R. 1. Farmers & Mechandes' Bank, Kent county, Md. Farmers and Merchants' Bank, Mile Fairfie teanny Bank, Norma Ct. Fumers & Mechinics Bank, K, Detro i, Mich. Homes late Bank, Pennsylvania. Hollis è Bar k, Buffalo, N. Y.,s. S. Hancock Bank, Maine. Hugedo Bank, N.V. II pkinton Bank, Westerly. R T. Hamilton Exchange Bank, Hamilton, N. Y. Island City Bank, N. chy. Jefferson is unty BADK. N. 1. Lee Bank, Massa his ets. Mechanics' Bank ng Association, N. Y., S Mount Vernon Bank, Providence, R. I. Maine. Monson River Bank, Me, Macrints County Bank, Michigan. Mechanics' Banking Association, N. Y.city. Mortan Bink, (hi) Mami Valley Ba ", Ohio. Mistina Bank, Medina, N.Y. Minison Bank Mass. Merchants & Manufacturers' Bank, Pittsburgh, Pa. Mercur e Bank, Hartford, Coun. Y. Security Kank N.Y. N Sins % money has een thrownetit by St. Louis powers, excepting the Back of Florence. N inthra River Bank, Tonawanda, N. Y,, reported fulled, S.S. 0 tario Bank. Utica, N.Y. Ohio Life Trust impany, don't issuenotes. Oliv Lee & CO. Bank, N. -reported failedys. S. Ocoee Bank, Tenu, Ontario Count Bank, Phelps, N.V. People's Bank, N, N.Y. city. reported failed, S. S. Paweatuck Bank, Pawcatuek, Ct. Port Plain Bank. N, Y.,3.8 Recipred Bank, Buffalo, N. Y., new bank, S.S. Rhode Island Central Bank, R.I, Sanford Bank, Me. Sackett's Harbor Bank, N.Y. South Royalton Bank, It. Seneen County Bank, Ohio. Southern Bank, Georgia. Steck Security Bink, Illinois. presance Bank, Lowansport, Ind. Tiverton Bank, Full River, R.I. Union Bank, Frenchtown, N.J. Unadilla Bank, N. Y. Warwick Bank, R.J. Wonster Bank, Danbury, Conn. Warren County Bank, Penn. Yates County Bank, Penn Yan, N.Y. NOTE.-"S. S." meins securei by state stock. Most of these Banks will pay their circulation in full, and hol lers of their bills should not submit to a large discount on them.

8. October 9, 1857 The Evansville Daily Journal Evansville, IN

Article from The Evansville Daily Journal, October 9, 1857

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DISCREDITED BANKS. The following is a corrected list, to date, of recen SUSPENDED and DISCREDITED Banks: Arcade Bank, Providence, R I. America Bank, Trenton. N.J., Agricultural Bank, Tenn. Agricultural Bank, Herkimer, N. Y. Bergen County Bank N.J. Bank of Canandaigua, N. Y. do Naperville, III. do Believille, de do Nashville, Tennessee. do Springfield, Ohio. do Tecumsch, Michigan. do Orleans, N.Y. do New Jersey, New Brunswick, N.J. do Kent, R.I. do Hallowell, Me. do America, Tenn. do West Ternessee, Tenn. do Paris, Tenn. do Corning. N.Y. do the South County, R. I. do North America, Connecticut. do Kanawha. V Tirginia. do Eigin, III., S. S., small circulation. do the Capitol, Indianapolis, Ind., S. S. do Middleton, Penn. do Watertown, N.Y. do Chester, III. do Eigin, do do Pike County, III. Central Bank, Indianapolis, Ind., S.S. Chemting County Bank, Horse Heads, N.Y., S. S. Clinton bank, Columbus, Ohio. City Bank, N.J. Cumberland Savings Institute, Md. Commercial Bank, Columbia, S. C. Citizens' Bank, Tenn. Corn Exchange Bank, Ill. Charter Oak Bank, Hartford, Conn. Colchester Bank, Conn. Dan Bank, Vt. Dayton Bank. Ohio. Dairy Bank, Newport, N.Y. Ellsworth Bank. Maine. Exeter Bank. N. H. Exchange Bank, Pittsburgh, Pa Exchange Bank. Hartford, Conn. Farmers' Bank of Saratoga Co., N. Y.,s.s Farmers' and Manufacturer's Bank, Poughkeepsie. Farmers' Bank, Wickford, R.I. Farmers & Mechanics' Bank, Kent county, Md. Farmers and Merchants Bank, Md. Fairfield County Bank, Nor. alk, Ct. Farmers & Mechanics' Bank, Detroit, Mich. Honesitate Bank, Pennsylvania. Hollister Bar k, Buffalo, N. Y., S. Hancock Bank, Maine. Hugenot Bank, N.Y. Hopkinton Bank, Westerly. R T. Hamilton Exchange Bank, Hamilton, N.Y. Island City Bank, N. Y. city. Jefferson County Bank. N. Y. Lee Bank, Massa husetts. Mechanics' Banking Association, N. Y., S.S. Mount Vernon Bank, Providence, R. I. Maratine Bank, Maine. Monson River Bank, Me. Macomb County Bank, Michigan. Mechanics' Banking Association, N. Y.city. Morgan Bank, Ga. Miami Valley Bank, Ohio. Medina Bank, Medina, N.Y. Munson Bank, Mass. Merchants & Manufacturers' Bank, Pittsburgh, Pa. Mercar tile Bank, Hartford, Conn. N.Y. Security Bank, N.Y. Nebraska m ney has been thrown out by St. Louis brokers, excepting the Bank of Florence. Niagara River Bank, Tonawanda, N. Y., reported failed, S.S. Ontario Bank, Utica, N.Y. Ohio Life Trust Company, don't issue notes. Oliver Lee & co. Bank, N. Y.-reported failed, S. S. Ocoee Bank, Tenn. Ontario County Bank, Phelps, N.Y. People's Bank, N. V. city. reported failed, S. S. Pawcatuck Bank, Pawcatuck, Ct. Port Plain Bank. N. Y.,s.s Recipr city Bank, Buffalo, N. Y., new bank, S. S. Rhode Island Central Bank, R.I. Sanford Bank, Me. Sackett's Harbor Bank, N.Y. South Royalton Bank, Vt. Seneca County Bank, Ohio. Southern Bank, Georgia. Stock Security Bank, Illinois. Tippecanoe Bank, Logansport, Ind. Tiverton Bank, Fall River, R.I. Union Bank, Frenchtown, N.J. Unadilla Bank, N.Y. Warwick Bank, R. I. Wonster Bank, Danbury, Conn. Warren County Bank, Penn. Yates County Bank, Penn Yan, N.Y. NOTE.-"S. 8." means securet by state stock. Most of these Banks will pay their circulation in full, and holders of their bills should not submit to a large discount on them.

9. October 9, 1857 Vermont Watchman and State Journal Montpelier, VT

Article from Vermont Watchman and State Journal, October 9, 1857

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LIST OF SUSPENDED BANKS TO SEPT. 25TH. Meusam River Bank, Sanford, Maine. Canton Bank, South China, Maine. Ellsworth Bank, Maine. Exchange Bank, Bangor, Maine. Sanford Bank, Sanford, Maine. Exter Bank, New Hampshire. Danby Bank, Vermont. South Royalton Bank, Vermont. Bank of the Republic, Providence, R. I. Bank of South County, Wakefield, R. I. Farmers' Bank, Wickford, R. 1. Mount Vernon Bank, Providence, R. I. Tiverton Bank, Fall River, R. I. Warwick Bank, Warwick, R. I. Merchants' Exchange Bank, Bridgeport, Ct. Colchester Bank, Conn. Bank of Orleans, Albion, New York. Hollister Bank, Buffalo, New York. Niagara River Bank, Tonawanda, N. Y. Oliver Lee & Co.'s Bank, Buffalo, N. Y. Ontario County Bank, Phelps, N.Y. Ontario Bank, Utica, N. Y. Reciprocity Bank, Buffalo, N. Y. Sackett's Harbor Bank, Buffalo, N. Y. American Bank, Trenton, N. J. Bank of New Jersey, New Brunswick, N.J. Bergen County Bank, Hackensack, N. J. Bank of Kanawha, Virginia. Trans-Allegany Bank, Virginia. Bank of Commerce, Georgetown, D. C. Canal Bank, Cleveland, Ohio. City Bank, Cincinnati, Ohio, Seneca County Bank, Tiffin, Ohio. Miami Vally Bank, Dayton, Ohio. Clinton Bank, Columbus, Ohio. Columbus City Bank, Columbus, Ohio. Union Bank, Sandusky, Ohio. Agricultural Bank, Brownsville, Tenn. Bank of West Tennessee. Bank of the Capitol, Indianapolis, Ia. Central Bank, Indianapolis, la. Bank of Elgin, Elgin, Illinois. Rock River Bank, Beloit, Wisconsin. Pennsylvania Bank, Philadelphia. Girard Bank, Phiadelphia. Bank of Canandaiagua, Canandaigua. Western Bank, Lockport, N.Y. Commercial Bank, Philadelphia. Six Penny Savings Bank, Rochester, N. Y. Albany Eve. Journal.

10. October 12, 1857 The Evansville Daily Journal Evansville, IN

Article from The Evansville Daily Journal, October 12, 1857

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DISCREDITED BANKS. The following IS a corrected list. todate, of recen SUSPENDED and DISCREDITED Banks: Arcade Bank, Providence, H I. America Bank, Trenton. N:J., Agricultural Bank, Tenn: Agricultural bar. K; herkiner, N. Y. Bergen County Bank N.J. Bank 01 Canandaigtta, N.Y. do Napervilie, Iii. do Beleville, de Nashville, Tennessee. do do Springfield, Ohio. do Toumseh, Michigan. do Orieans, N.Y. do New Jersey, New Brunswick, N.J. do Kent, R.I. do Halloweit, Me. do America, Tenn. do West Ternessee, Tenn. do Paris, Tenn. do Corning. N.Y. do the South County, R.I. North America, Connecticut. do do Kanawha. Virginia. do Elgin, III., S. S., small circulation. do the Capitol, Indianapolis, Indes. S. do Middleton, Penn. do Watertown, N.Y. des Chester, Li. do Eigin, do do Pike County, Ill. Central Bank, Indianapolis, Ind.,,s. Chemung County Bank, Horse Heads, N.Y.,s.s. Clinton Bank, Columbus, Ohio. Cty Bank, N.J. Cum erland Savings Institute, Md. Commercial Bank, Columbia, S. C. Citizens' Bank, Tenn. Corn Exclusive Bank, III. Charter Oak Bank, Hartford, Conn. Colchester Bank, Com. Danly Bank, Vt. Davton Bank. Ohio. Dairyman's Bank, Newport, N.Y. Ellsworth Bank. Maine. Exeter Bank. N. H. Exchange Bank. Pittsburgh, Pa Exchange Bank. Hartford, Corn. Farmers' Bank of Saratoga Co., N. Y.,s.s Farmers' and Mmmufacturer's Bank, Poughkeepsie. Farmers' Bank, Wickfort, R.1. Farmers & Mechanics' Dabs ent county, Md. Farmers and Merchants' Bar Md. Eairfie County Bank, Nor alk, Ct. Farmers N Arechanics' Buk, Detroit, Mich. Honesdale Bank, Pennsylvania. Hollister Bai k, Buffalo, N. Y.,s.s. Harcock Bank, Maite. Hugenot Bank, N.Y. H pkinton Bank, Westerly. R T. Hamilton Exchange Hank, Hamilton, N.Y. Island is Bank. Yreity, Jefferson 1 anty Bar K. N.Y. Lee Bilik, Massa have ts: Mechanics' Banking Association, N. Y., Mount Verhon Bank, Providence, R. I. Maratine Bar K, Maine. Monson River Bank. Mark Madomb County Bank, Mehigane Mechanics' Banking Association; N. Treity, Morizan Bank, Ga. Miami Valley Bar K, Ohio. Medina Bank, Medina, N.Y. Munson Bank. Mass. M rehants & Manufacturers' Bank, Pittsburgh, Pa. Mercantile Bank. Hardford, Coub. N.Y. Security Bank, N. Y. Nebraska money has been thrown out by St. Louis brokers, excepting the Banks Florence: Niagara River Bank, Tonawanday N.Y., reported failed, S.S. Ontario Bank, Utica, N.Y. Ohio Life Trust Company, lon'tissue rotés: Oliver Lee & co. Bank, N. reported failed, S. S. Ocnee Bank: Tenn. Outario County Bank, Phelps, People's Bank, N.Y city. reported failed, S: S. Paweatuck Bank, Paweatuck. Ct. Port Plain Bank, N. Y..s.s Reciprecity Bank, Buffak, N. YL. frew bank, S. Rhode Island Central Bank, R:1: Sanford Bar K/Me. Sackett's Harber Banks N. South Royalton Bank, It. Seneer County Bank, Ohio. Southern Bank, Georgia. Stock Security Bank, Illinois. Tippecanoe Bank, Logansport, Ind. Tiverton Bank, Fall River, R.I. Union Bank, Frenchtown, N.J. Unadilla Bank, N.Y. Warwick Bank, R. I. Wonster Bank, Danbury, Conn. Warren County Bank, Penn. Yates County Bank, Penn Yan, N.Y. NOTE.-"S. S." means securet by state stock. Most of these Banks will pay their circulation in full, and holders of their bills should not submit to a large discount on them.