Bank of Chester - Chester, SC

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: September 4, 1862
Location: Chester, South Carolina (34.705, -81.214)

Metadata

Model: gpt-5-mini
Short Digest: 730f1ae5

Response Measures

None

Description

Article (Yorkville Enquirer, 1862-09-17) reports that receiver Lake sold 73 shares of Bank of Chester stock at public auction on 'the 4th instant', indicating the bank was in receivership/closed. No run or reopening is mentioned.

Events (1)

1. September 4, 1862 Receivership

Newspaper Excerpt: On the 4th instant, receiver Lake sold, in Chester, at public auction, for cash, 73 shares Bank of Chester stock, at prices ranging from $30.25 to $31 per share.
Source: newspapers

Newspaper Articles (1)

1. September 17, 1862 Yorkville Enquirer York, SC

Article from Yorkville Enquirer, September 17, 1862

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Article Text

near there-at Fairburn, Palmetto, and at London Herald says it be Newnan, The Grantsville. would States the salvation of the Northern if Europe would immediately forbid the continuance of the war. The Government, owing to its slimited transportation facilities, and the immense demand on them for military purposes, has found it necessary to forbid the passage of citizens over the Orange and Alexandria Rail Road.This is a great hardship upon the parents and relatives of the wounded of Manassas, but that it was a very necessary step requires but little reflection. Wouldhen-roosts be so often invaded, if the law requiring tickets from negroes selling chickens were enforced in a few instances On the 4th instant, receiver Lake sold, in Chester, at public auction, for cash, 73 shares Bank of Chester stock, at prices ranging from $30.25 to $31 per share. Price of original stock, $25.00 a share. It is stated in quarters whose information is entitled to be considered entirely trustworthy, that the Yankee Government has at length fully determined to arm, drill and discipline the blacks of the Department of the South. Comparisons aresaidto be "odorous. Writing of Pope, the Examiner says "Never did a cock that crowed so loud lose his comb so quickly." Maj. John M. Whilden, the first student of the York Military School, was killed in the late battle, while leading his charge for the fourth time against the enemy that had repulsed them thrice the last being successful, but costing his life. Col. John V. Moore, formerly editor of the Anderson True Carolinian, we regret to learn, has died of the wound received at the head of his regiment, at Manassas. He was a model gentleman, and a true patriot, having sealed his devotion to his principles with his blood. The Governor of Delaware has issued his proclamation postponing the draft in that State until the 25th of September, in consequence of the enrollment not having been completed. The Hon. D. F. Jamison, President for of the Convention, is nominated Governor, by a writer in the Guardian. So is Lieut. Col. Preston. We learn that the officer in charge of the Camp of Instruction, at Columbia, will shortly have a correct list of defaulters published, many errors having been made by the compiler from the returns. A Northern paper states that the rebel steamer Nashville has reached Savannah through Warsaw Sound, with a large cargo of powder and arms. Vigilance Committees have been formed in several of the interior towns in Georgia, to prevent the buying up and taking away the prime necessaries of life; and requiring that all foreignJew or Gentile, local or be to leave said towns. ers, required transient, The people of York, perhaps, will have to follow some such course, unless they wait to be starved out by the vagabond set who pay us weekly visits from Columbia and Charleston. One fellow has engaged nearly all the butter in the District, at a high price, which he will call for at stated times. We are pleased to learn that the late Gen. Gadberry was not a Yankee, as at first*published. We would also state that he has a nephew resident at Rock Hill, Mr. R. M. Kerr, now an officer in the army. The Convention struggles hard for a continued existence. Amidst its latest throes is a mercurial attempt to condemn the action of Mr. Davis and his Cabinet, which will not succeed, however. Every day the body continues in action but adds to its unpopularity with the people. Our candidates are not called on to express themselves, for their opinions are known to be a unit on the subject of its dissolution. Several of our wounded have returned home, but from a large number, even there whereabouts cannot be ascertained. We hope soon that mail facilities will be afforded to remedy the evil com plained of.