Article Text
An Old Charleston Firm Resumes, CHARLESTON, S. C., April 1.-The old and prominent firm of James Adger & Co., bankers and shipping agente, who suspended in 1879, have settled with their creditors, and resumed business to-day.
19944. James Adger & Co. (Charleston, SC)
Bank Information
- Episode Type
- Suspension → Reopening
- Bank Type
- private
- Start Date
- January 1, 1879*
- Location
- Charleston, South Carolina (32.777, -79.931)
Metadata
- Model
- gpt-5-mini
- Short Digest
3f8574ce
Response Measures
None
Description
Contemporary newspapers report James Adger & Co., bankers and shipping agents, suspended in 1879 and have settled with their creditors, and resumed business to-day (April 1, 1881). No article mentions a depositor run; the sequence is a prior suspension (1879) followed by reopening in 1881. Cause of the 1879 suspension is not given in these snippets, so coded as 'other'.
Events (2)
1.
January 1, 1879*
Suspension
- Cause Details
- Article states the firm suspended in 1879 but gives no reason or trigger for the suspension.
- Newspaper Excerpt
- the old and prominent firm of James Adger & Co., bankers and shipping agents, who suspended in 1879
- Source
- newspapers
2.
April 1, 1881
Reopening
- Newspaper Excerpt
- have settled with their creditors, and resumed business to-day.
- Source
- newspapers
Newspaper Articles (4)
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Article Text
ELECTRIC LIGHT COMPANY AT SUFFALO. BUFFALO. April 1.-An electric light Company has been estalished here with a capital of $100,000. GENERAL GRANT AT GALVESTON. GALVESTON, Tex., April 1.-General Grant and party arrived here this morning. They will depart for Vera Uruz to-morrow. A PROHIBITIC BILL DEFEATED. BOSTON, April 1.-The House of Representatives yesterday struck out of the Prohibitory bill the section refer. ring it to the people. and then defeated the bill itself. THETENNESSEE STATE DEBT. NASHVILLE, Teun., April 1.-The Senate to-day rejected the House bill to settle the debt at 100.3. the vote standing eyes, 12; naya, 13. A motion was entered to reconsicer. AN OLD FIRM RESUMES BUSINESS CHARLESTON, 8. C., April 1.-The old and prominent firm of James Adger & Co., bankers and shipping agents. who suspended in 1879, having satiled with creditors, I'v. samed business to-day. THE SALE OF THE ESTATE OF JAY COOKE. PHILADELPHIA, April 1.-The sale of the Jay Cooke & Co. esta to and properties was continued to-day, and Western lands, vained at $8,000, were disposed of, the total of the sales thus far being $138,557. SYMPATHETIC RHODE ISLAND LEGISLATORA. PROVIDENCE. R. 1., April 1.-The Hon. William P. Sheffield, of Newport, chairman of the House Judiciary Committee, fell in the state House to-day and badly fractured his knee-pan. The House passed a resolution of sympathy. WOODRUFF MADE PRESIDENT JUDGE TRENTON. N. J., April .-Governor Ludlow today appointed A. B. Woodruff President Jadge of the Passaic County Common Pieas. Mr. Woodruff's nomination was one of these made by the Governor to the Senate and not confirmed.
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CHARLESTON. April 1.-The old and prominent firm of James Adger & Co., bankers and shipping agente, who suspended in 1879 have settled with their creditors and reeumed business to day. PROFIT, $1,200.-"To sum it up, six long years of bed-ridden bickness, costing $200 per year, total $1,200-all of this expense was stopped by three bottles of Hop Bitters, taken by my wife. She has done her own housework for a year since, without the loss of a day and I want everybody to know it for their benefit.V. E. Farmer.
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under cating liquors. Wallace, of the United has States just Judge for the Northern district, the bank tax court decisions in for which the plaintiff, rendered cases. He finding, gives law under as judgment conclusions of law, the tax as that collected the state was invalid, inasmuch under the was was organized bank law, which a higher United from being taxed at other ways. capital the bank States invested prohibits in mother than capital Leake, rate Sarah A. and Susan arrested at Flushand daughter, on a were charge of murdering it alive the garden. child ing, L. of I., the They latter were by burying committed for ex- in amination. a and prominent Charleston, & Co., The old James Adger and shipping settled in 1879, pended have resumed S. bankers C., firm of having agents, business. who with sus creditors, Wm. S. Bates, a United a States fight near mar- a shal,was fatally stabbed Southern in Railroad, bebar-room on the Mr. Cooper, another Somerset, Ky. was killed in States distant. Littletown, United low ten miles marshal, moonshiners. Both were the against the Senate rejected active votestand yeas-12, mays three pe Houseber The Tennessee cent interest 18. A the motion The was made city, " to reconsider. W. Paramore, and of this St Louis Col. J. of the Texas has just returnYork, ed to $4,000,000 for road he Narrow President obtained St. gange. Louis Railroad, from New the construc- where from tion of the through narrow-gauge Arkansas, line to is a a point link Texarcana Cairo, 111. This in the great narrow York with the City is via St. Louis. opposite to connect New -gauge system which of Mexico, passengers on the west-bound Louis and Several Wabash, St. of Pacific Railroad at Fort Wayne, property was changing express siderable on the the train were robbed $3,000 con- en- In- in diana, while John A. French lost the robbers. gines. There is no clue to New York Donohoo, of injunction on preme application of others, notes. Judge Bench granted Charles the an stockhold- H. Pond, Su the W. Garrett and and Charlotte Rail- leasJohn of the Atlanta directors from and the Richmond order why suit ers ing ville way, that prohibiting Railroad road to the the injunction also an and against should Dan- to show cause continued, pending of a the A. & C. the not directors be and Railroads, officers instituted by and R. & D. Pond and others. of New Charles Anti-High F. Rent League Resolutions The has been formed. that the endeavors organiza- to York were adopted use stating its ntmost increase of rent on tion prevent would the May proposed that the establish legislature a basis real the 1st of called upon to nominal should commission be to fix a capital invest- and estate according to to the be leased, governwarning ed for in rents the the property legislature association and consequences "would city hold that the for all oppression ment them responsible from a boundless Similar meetthe in were frosts and ice and Alabama. and it is of resulting ings Heavy working held Mississippad classes." Brooklyn reported and Chicago. from Louisiana, badly is destroyed feared is Vegetables the peach crop of H. The failure that are general announcerekeepers. of $30,000, Con- of Vienna, of $10,000. nerly & Ala., Co., with liabilities The York. firm has and assets of creditors the in New town of Clinton, the number A tornado visited N. C., demolishing several other Sampson county, Church, and the wind that and Episcopal So violent was of dwelling buildings blew in the window and his wife out of their At died of He was dashed it bed. Evansville, a man Geo. Schmidt, after thirty two years hours' old, suffering. March 7th. out broken between and Peru, the two negrothousand A war of races and has Chinese of the in latter have of in-chief been over murdered. G. Davatie, editor-i "Enquirer Sun, the after brief from died Jewett Columbus (Ga.) illness. Adriatic1,285,250 Europe gold to The New steamship York, brought of which was to the Bank bars, $500,000 North America. a decree of the Court sold at Spartof United In British accordance States railroad with the was Spartansburg Walker, repand Asheville to Joseph the bondholdansburg, S. committee C., of Coleman repreresenting $111,000. a Col. bid $100,000 the It senting ers, for the M. lien Smith creditors bid sale $110,000. was in of the S and is understood Dr. A. that Spartansburg, the Union and interest Columbia railroad. of the e Panama 1 report a balance after of 1 paying f Railroad The all annual Company current expenses, shows for 1880, in New started 1 1 vention $102,258. A new society "The has Society been for the PreYork entitled of Street Accidents.' Railroad Matters.