Article Text
The Northern Bank of Tennessee, located at Clarksville, has resumed business. Its circulation at present is just five thousand dollars. This bank never did suspend specie payments, until it closed doors in 1862.
20595. Northern Bank (Clarksville, TN)
Bank Information
- Episode Type
- Suspension → Reopening
- Bank Type
- state
- Start Date
- January 1, 1862*
- Location
- Clarksville, Tennessee (36.530, -87.359)
Metadata
- Model
- gpt-5-mini
- Short Digest
c4dda49f
Response Measures
None
Description
The articles report the Northern Bank of Tennessee (Clarksville) having closed doors in 1862 and then resumed business in July 1865. No run or depositor panic is mentioned. The 1862 closure likely reflects Civil War disruptions; I classify the suspension cause as macro_news (war-related).
Events (2)
1.
January 1, 1862*
Suspension
- Cause
- Macro News
- Cause Details
- Closed doors in 1862 during the Civil War period; bank suspended operations likely due to war-related disruptions.
- Newspaper Excerpt
- This bank never did suspend specie payments, until it closed doors in 1862.
- Source
- newspapers
2.
July 25, 1865
Reopening
- Newspaper Excerpt
- The Northern Bank of Tennessee, located at Clarksville, has resumed business. Its circulation at present is just five thousand dollars.
- Source
- newspapers
Newspaper Articles (3)
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Article Text
TENNESSEE ITEMS-Late Nashville papers furnish be following items: The Northern Bank of Tennessee, at Clarksville, has resumed business. It has a present circulation of five thousand dollars. This bank did not suspend specie payment until it closed doors in 1862. The Clarksville Chronicle says the crops in that quarter are in good growing order. The tobacco crop, though late, is looking up. The Memphis and Charleston Railroad will be in complete working order by the middle of October. On Monday a difficulty occurred at Gallatin between a Federal officer and a returned rebel Major, which led to considerable disturbance between citizens and soldiers. Several of the former were arrested, and at last accounts the writ of habeas corpus was after them. For the last three weeks a great revival has been progressing at Trinity Church in Edgefield, conducted by Rev. E. Carr and others. The fruits 80 far are forty conversions and twenty-eight accessions. A white deer, without a red or colored hair on any part, was killed in Cannon county a few days since. On Saturday a citizen was shot and killed by a soldier who accused him of stealing his horse. The dying man firmly denied the charge to the last. The military authorities have the case in hand. Captain L. B. Burnett, of the 2d Alabama cavalry, is awaiting trial at Bridgeport, for shooting a sergeant who insisted on taking his side arms, as his duty required him to do.
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Article Text
100 The Northern Bank of Tennessee, at Clarksville, has resumed business. This bank did not suspend specie payment until it closed doors in 1862, and it has now a circulation of $5,000.