Article Text
Had Heavy Liabilities Providence, R. I., Feb, 26.-C. Farnum & Son, extensive leather dealers of this city, have assigned with heavy liabilities. It is claimed that the recent failure of the State bank led to the suspension.
19787. State Bank (Providence, RI)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- February 26, 1895
- Location
- Providence, Rhode Island (41.824, -71.413)
Metadata
- Model
- gpt-5-mini
- Short Digest
28480cc4
Response Measures
None
Description
Multiple wire items (dated Feb 26, 1895) state the recent failure of the State bank led to the suspension. No article describes depositor runs; the bank is described as failed/suspended, indicating permanent closure/receiver likely. Date taken as 1895-02-26 from the dispatches.
Events (1)
1.
February 26, 1895
Suspension
- Cause
- Bank Specific Adverse Info
- Cause Details
- Newspaper dispatches state the bank had recently failed, leading to suspension (solvency/failure of the State Bank).
- Newspaper Excerpt
- It is claimed that the recent failure of the State bank led to the suspension.
- Source
- newspapers
Newspaper Articles (3)
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Article Text
LATE NEWS BY WIRE. Items of General Interest From All Over the Universe. Toledo, O., Feb. 26.-The telegraph office at Dalton is burned. There is no way to readily obtain further news of the fire. The destruction is certainly great. New York, Feb. 26.-The Postal Telegraph company elected the old board of directors with the exception of J. O. Stevens, who is succeeded by Edgar C. Bradley. Providence, R. I., Feb. 26.-Farnum & Son, extensive leather dealers of this city, have assigned with heavy liabilities. It is claimed that the failure of the State bank led to the suspensoin. Dover, Del., Feb. 26.-Only one balolt was taken today for United States senaator, as folows: Higgins, 9; Hicks, 6; Massey, 4; Wolcott, 9; Bayard, Tunnell, 1. Everey member was present. San Francisco, Feb, 26.-Joseph Dale committed suicide in the American Exchange hotel early this morning with strychnine. Dale arrived from Port Huron, Mich., on February 15. Hannibal, Mo., Feb.fl 26.-The Sons of Veterans are holding their encampment here. The city is in gala attire with bunting everywhere. The ceremonies concluded with a grand ball at the Park hotel tonight. Philadelphia, Feb. 26.-Frank Robinson was instantly killed and Frank Duffy fatally injured by the explosion of a cylinder charged with gas in the manufacturing laboratory of Smith, Kline & Co., this afternoon. New Castle, Pa., Feb. 26.-In an explosion of molten lead at the furnace f the Shenango Steel company, James O. Bryan and Jeremiah Sullivan were probably fatally burned, while Matthew Curtis and six others were painfully injured. Brooklyn, Feb. 26.-Fire did $500,000 damage at the city hall today. Although the entire building was flooded with water, it is not believed that any of the records either in the comptrollers' department or in the city clerk's office have been destroyed. Lynn, Mass., Feb. 26.-An epidemic of grippe prevails in this city to an alarming extent. there being at present at least 500 cases. Physicians have reported upwards of 200 new cases since Friday. There have been many fatalities, especially among aged people, New York, Feb. 26.-The Electrical Contractors association have received encouragement in their fight with their striking employes from the United Building Trades. Thirteen out of fifteen delegattes of building trades passed resolutions declaring that the contractors had made a fair offer to the strikers and aid would accordingly be given them if necessary. Kansas City, Feb. 26.-A special from Jefferson City says: The Filley election bill was called up as a special order in the house this forenoon and debated vigorously till 12:30 o'clock when it was passed. The bill gives circuit judges the right to appoint election commissioners, and applies in other respects like the Illinois law. The vote was 74 for, and 50 against. New York, Feb. 26-The strike of the Electrical Workers showed no further developments today. The board of walking delegates made a tour of the buildings where strikes have been declared and reported no new men at work. The number of men out at the present time is 4,000. Both the strikers and the contractors held meetings today, but nothing especially was done. Pittsburg, Pa., Feb. 26.-Three Presbyterian general assemblies are to meet in this city in May. They are the Presbyterian general assembly, the United Presbyterian general assembly and the Cumberland Presbyterian general assembly. This will be the first time in their history that they have all met in the same place and at the same time. Reports are now being prepared for the Presbyterian assembly to show that the church membership aggregates about 1,-
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Article Text
DOMESTIC DOTS. Newsy Notes From All Portions of the Land Over Which the Stars and Stripes Wave, Providence, R. I., Feb. 26.-C. Farnum & Son, extensive leather dealers of this city, have assigned with heavy liabilities. It is claimed that the recent failure of the State bank led to the suspension. Chicago, Feb. 26-President Tracey, of the Republican National league, has called a special meeting of the league to meet in Washington, D. C., Saturday, March 2, to prepare for the national convention in Cleveland, 0., June 19 next. Charleston, S. C., Feb. 26.-The police department has seized the schooner Caroline, Captain Joyce, from Savannah, with twenty-eight barrels of whisky, worth $3,000, contraband under the dispensary law. The schooner was confiscated. Omaha, Feb. 26.-Special dispatches from southwestern Nebraska gives news of a great rain there. Trenton, Hancock county, reports the heaviest rain in 18 months. This is in the heart of the drouth district. and this rain has encouraged the settlers there. Brooklyn, Feb. 26.-A terrific and mysterious explosion which resulted in the death of one person and the injury of a number of others wrecked several houses and shattered many windows within a radius of several blocks, OCcurred tonight in a two-story frame structure at Nos. 27, 29, and 31 Johnson avenue, John Fluher, aged 6, was killed. Chicago, Feb. 26.-A portion of the booty looted from the First National bank of Griswald, Iowa, was recovered here today and a supposed member of the gang implicated in that robbery and atfray at Council Bluffs yesterday is under arrest. The suspect is Mark Davis, a Chicago saloonkeeper, who was arrested with about $600 worth of postage stamps, which he got in a valise shipped by the American Express. Washington, Feb. 26.-Senator Stewart today gave notice of an intention to offer an amendment to the general deficiency appropriation bill for the appropriation of $1,830,583 to pay the claims or the Southern Pacific Railway company against the government allowed by the Claims Committee, and of $1,276,332 to pay the claims of that company for carrying mail, passengers and freight, which have been allowed. Albany, N. Y., Feb. 26.-Charges have been preferred against William D. Painter, district attorney of Broome county. The deponent of the affidavit in which is contained the charges alleged that the district attorney refused to allow the bank examiner to examine the Chenango bank or to appear before the grand jury of Broome county and present certain charges against the officers of the bank The person who presents the charges is a resident of this ctiy and a newspaper man.