Bank of Chattanooga - Chattanooga, TN

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: November 26, 1860
Location: Chattanooga, Tennessee (35.046, -85.310)

Metadata

Model: gpt-5-mini
Short Digest: c9416863

Response Measures

None

Description

Article (The Athens Post, 1860-11-30) states only that the Bank of Chattanooga suspended specie payment on the 26th. No run, reopening, or receivership is mentioned. Because the record contains only a suspension with no later reopening information, I classify as suspension_closure while noting this is based solely on the single brief notice and the ultimate fate is not specified in the article.

Events (1)

1. November 26, 1860 Suspension

Cause Details: Article gives no reason; simply reports suspension of specie payments.
Newspaper Excerpt: The Bank of Chattanooga suspended specie payment on the 26th.
Source: newspapers

Newspaper Articles (1)

1. November 30, 1860 The Athens Post Athens, TN

Article from The Athens Post, November 30, 1860

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Article Text

Pikeville Court. Circuit Court for Bledsoe county will commence at Pikeville next Monday, the 3d December. From the direction of the wind, and other indications of inclement weather, we shall hardly be able to make the trip, and such of our patrons in that direction as may be prepared to liquidate, will please pay their respective dues to our warm-hearted friend, T.J. WILSON, who will take pleasure in remitting the same to us at his earliest convenience.We are really in need of money to meet business engagements-no joke about it ---and all who can pay we trust will do so. 100 We note with great pleasure that Dr. S. H. Perkins and Hon.A. H. Stephens were nominated for the Georgia Convention, by acclamation, by the citizens of Taliaferro county. The Bank of Chattanooga suspended specie payment on the 26th.