20696. Exchange & Deposit Bank (Knoxville, TN)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 1, 1880*
Location
Knoxville, Tennessee (35.961, -83.921)

Metadata

Model
gpt-5-mini
Short Digest
8856361e

Response Measures

None

Description

Chancery-court litigation and a receiver (Robt. Ewing) are repeatedly referenced (receiver's report confirmed, trustee/receiver v. Exchange & Deposit Bank). Properties of the bank were sold at chancery sale (sale date advertised April 22, 1882 and sale reported April 23, 1882). No newspaper text describes a depositor run; the bank was placed in receivership and its assets sold, consistent with a suspension followed by permanent closure/receivership. 'Bank type' is set to unknown because the name lacks a national/state/trust designation.

Events (3)
1. January 1, 1880* Suspension
Cause
Government Action
Cause Details
Chancery Court proceedings resulted in appointment of a receiver; receiver's report confirmed at January term of court.
Newspaper Excerpt
S. Watson, trustee, vs. Exchange and Deposit Bank et al; report of receiver confirmed.
Source
newspapers
2. March 22, 1882 Other
Newspaper Excerpt
PURSUANT TO A DECREE ... I will sell to the highest bidder ... SATURDAY, THE 22 DAY OF APRIL NEXT ... the banking house formerly occupied by the Exchange and Deposit Bank of Knoxville ... This 22d day of March, 1882. M. L. PATTERSON. Clerk and Master.
Source
newspapers
3. April 22, 1882 Receivership
Newspaper Excerpt
There were four sales in the case of Robt. Ewing, receiver, VS. Exchange and Deposit Bank. The brick building on Gay street, formerly occupied by the Exchange and Deposit and Commercial Banks, was bid off ... The bank building on Gay street, occupied until recently by the E. T. National Bank, was bid off ... The sales were all made subject to confirmation by the Court at some future term.
Source
newspapers

Newspaper Articles (10)
1. February 5, 1880 Knoxville Daily Chronicle Knoxville, TN
Article from Knoxville Daily Chronicle, February 5, 1880

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Article Text

THE COURTS, Chancery Court. The Jan uary term of the Chancery Court for Knox county reassembled yesterday morning, Hon. W. B. Staley presiding, and the following was entered of record : E. A. Yost VS. A. S. Hudiburg; prayer for appeal overruled. Robt. Ewing, receiver, vs. Wm. Coffman; same VS. M. D. Bearden et al.; demurrers overruled, and, by consent, allowed till first Monday in April to answer. T. C. Brabson et al. V8. John M. Davis et al.; order to pay out fund modified. C. F. Jackson vs. R. R. Swepson et al.; decree against complainant and security for costs. Dunham, Taft & Co. vs. D. M. Key et al; Hoas, Guthman & Co. vs. A. Caldwell et al: attachment nisi vs. W. L. Eakin. Jno. M. Brooks VS. Frankland Fire Insurance Company; bill dismissed. d S. Watson, trustee, V8. Exchange 1 and Deposit Bank et al; report of receiver confirmed. d M. E. and F. E. Champion VS. Hattie L. Cham pion; partition ordered. Court adjourned till 10 o'elock this morning.

2. January 23, 1881 Knoxville Daily Chronicle Knoxville, TN
Article from Knoxville Daily Chronicle, January 23, 1881

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COURT REPORTS CHANCERY COURT- Hon. W. B. Staley presiding: Philip Simon vs. Phoenix Fire Insurance Co. et al; death of T. C. Huoter suggested and proven. S. Watson, trustee, vs. Exchange and Deposit Bank et al.; receiver's report confirmed. State ex rel. W. A. Anderson vs. C. B. Gosset; demurrer and motion for argument two weeks from yesterday J. A. Moore, administrator, vs. Nany J. Ingram et al.; attorney's fees allowed. N. B. Smiley vs. C. H Spence et al; leave to amend bill and injunction granted. Court adjourned till 10 o'clock Monday morning. CRIMINAL COURT-Hop. M. L. Hall presiding. State vs. Tom Allen, assault and battery; continued by consent. State vs. J. H. alias Henry Allsup, larceny; jury again respited. Court adjourned till 8 30 o'clock Monday morning.

3. January 15, 1882 Knoxville Daily Chronicle Knoxville, TN
Article from Knoxville Daily Chronicle, January 15, 1882

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COURT REPORTS. UNITED STATES CIRCUIT COURT.-Hon. D. M. Key, presiding. The United States VS. Geo. W. Paxton, alias Piney Paxton, counterTeiting; guilty on a former day, 6 months in Cocke County jail. The United State vs. Henry Pickle ct al., sci fa.; forfeiture set aside. The following action was had in causes for violation of the revenue law : Judgment suspended.-Henry Pickle, Litha Huckaby, -- Cox, Wm. Jenkins, Jas. B. Roberts, Jason Millsaps, A. A. Bruner. Not guilty.-Thos. Wallace. Nol. pros.-Charles Jenkins. Continued.-Elizabeth Bunch, Geo. W. Underwood T.S. White. Court adjourned till Monday morning. CHANCERY COURT.-Hon. W. B. Staley, presiding. Robt. Ewing, receiver, vs. Exchange and Deposit Bank, et al.; order of reference and receiver's report confirmed. Campbell Gillespie, administrator, VS. B. F. Badgett, Jr. et al; sale confirmed. John Fouch VS. A. W. Washington; judgment pro. confesso. John Fouche VS. Wiley Bayless; judgment pro confesso. J. W. S. Frierson VS. R. M. Williams, et al ; demurrer overruled. J. A. Moore, administrator, VS. N. J. Ingram, et al; order to pay fund to administrator. Jas. Lee VS. Edward Campbell, et al. &c.; demerrer to cross bill overruled. John Chumblea, administrator, vs. Rosanna Wells et al.; reference as to taxes. Wm. T. Hall, executor, vs. John R. Roberts and W. R. Roberts; judgment pro confesso. Wm. M. Baxter, trustee, VS. H. E. Colton and wife, motion for a receiver. Richard Morgan VS. J. W. S. Frierson et al., order on receiver to make settlement. S. T. Logan, administrator, vs. John V. Tarver et at.; order to transfer fund to Georgia. Alfred Sharp VS. Oswell Sharp revived against the heirs of Oswell Sharp. I C. K. Goddard VS. Holland Osborne et al.; injunction dissolved. J. W. Caldwell, guardian, VS. Rogan, Kelly & Co. et al.; biddings on the three lots on Broad street opened till 11 o'clock Saturday, January 21st. Court adjourned till Monday morning. CRIMINAL COURT.-Hon. M. L. Hall, pref iding. State vs. Scobe Pride, felonious assault verdict of not gullty. State VS. Robt. Greene, gaming, six cases; nol. pros. on e defendant securing costs. State VS. Daniel e Matthews, profanity; nol. pros. State vs. Jane Mitchell, profanity; not guilty. State vs. Jane Mitchell, assault and battery y not guilty. State vs. Brownlow Patton, larceny; guilty of petit e larceny; six months in county jail. d State VS. Jessie Williams, larceny; passed d passed till Monday, January 30th. The following cases were retired: James a Wilson, gaming; David Moore, gaming; Henry Johnson, carrying weapons. Aliases were ordered in the following: Wesley Stewart, gaming; Hence Clark, alias , Hence Bachus, Jos Kincaid, gaming; Stams e and Weeks, lewdness. e Court adjourned till Monday morning.

4. March 24, 1882 Knoxville Daily Chronicle Knoxville, TN
Article from Knoxville Daily Chronicle, March 24, 1882

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Article Text

CHANCERY SALE OF VALUABLE BANKING HOUSES AND DWELLING HOUSES, KNOXVILLE, TENN. No. 2850. Sam'l Watson, trustee, now Rob't Ewing. receiver, vs. Exchange and Deposit Bank of Knox ville, et al. cause at January term, 1882, 01 PURSUANIVE TO A DECREE PRONOUNCED the Chancery Court at Knoxville, I will sell to the highest bidder at the court house door in Knoxvile, on SATURDAY, THE 22 DAY OF APRIL NEXT. at 11 o'clock a. m. the property menti and and described in the pleadings situate in Knoxvil.re, Tenn., or so much thereof as may be necessary to satisfy complainant's judgment, interest and cost, and will be sold in the following order : First-The lot fronting upon Gay street, upon which is situated the banking house formerly occupied by t e Exchange and Deposit Bank of K noxville and the Commercial Bank. and in cluding one half the passage and stairway between the said building and the building now occupied by the East Tennessee National Bank of Knoxville. Second-The lot conveyed by a deed executed by Exchange and Deposit Bank of Knoxville, Tenn., to Ja res Kennedy, eated November 2d, 1867, fronting 34 feet and 8 inches on State street and upon which there is a brick dwelling house. Third-The lot conveyed by a deed executed by Exchange and Deposit Bank of Knoxville to A. G. Scott, dated November 2, 1867, fronting 34 feet and 8 inches on State street and upon which there is a frame dwelling house. And Fourth-The lot conveyed to the First National Bank of Knoxville by the Exchange and Deposit Bank of Knoxville 13th day of November. 1866, fronting 32 feet on Gar street and upon which is situated the banking house now occupied by the East Teonessee National Bank and including the iron safe in said building. TERMS. Said sale will be made on a credit of 6.12, and 18 months and in bar of the equity of redemption, taking from the purchasers notes with good security, bearing interest from date and retaining a lien as further security. This 22d day of March, 1882. M. L. PATTERSON. mar22-w4t Clerk and Master.

5. March 25, 1882 Knoxville Daily Chronicle Knoxville, TN
Article from Knoxville Daily Chronicle, March 25, 1882

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CHANCERY SALE OF VALUABLE BANKING HOUSES AND DWELLING HOUSES, KNOXVILLE, TENN. No. 28 0. Sam'l Watson, trustee, now Rol't Ewing, receiver, vs. Exchange and Deposit Bank of Knoxville, et al. DURSUANT TO A DECREE PRONOUNCED I in the above cause at January Term, 1882, or the Chancery Court at Knoxville, I will sell to the highest bidder at the Court house door in Knoxvile, on SATURDAY, THE 22d DAY OF APRIL NEXT, at 11 o'clock a. m, the property mentioned and described in the pleadings situate in Knoxville, Tenn., or so much thereof as may be necessary to satisfy complainant's judgment, in.erest and cost, and will be sold in the following order: First-Thelot fronting upon Gay street, upon which 1. situated the banking house formerly occupied by e Exchange and Deposit Bank of Knoxville and the Commercial Bank and in cluding one half the passage and stairway tetween the said building and the building now occupied by the East Tennessee National Bank of Knoxville. Second-The lot conveyed by a deed executed by Exchange and Depo it Bank of Knoxville, Tenn., to Ja es Kennedy. eated November 2d. 1867, fronting 34 feet and 8 inches on State street and upon which there is a brick dwelling house. Third-The lot conveyed y a deed executed by Exchange and Deposit Bank of Knoxville to A. G. Scott, dated November 2, 1867, fronting 34 feet and 8 Inches on State street and upon which there is a fr. me dwelling house. And Fourth-The lot conveyed to the First National Bank of Knoxville by the Exch ringe and Deposit Bank of Knoxville 13th das of November 1866, froming 32 feet on Ga street and upon which is situated the tanking house now occupied by the East Te nessee National Bank and including the iron safe in said building. TERMS. Said sale wi'l be made on a credit of 6. 12. and 18 mon hs and in bar of the equ ty of redemp tion, taking from the purchasers notes with good security, bearing interest from date and retaining adien as further security. This 22d day of March. 1882. M. L. PATTERSON. mar22-w4t Clerk and Master.

6. April 4, 1882 Knoxville Daily Chronicle Knoxville, TN
Article from Knoxville Daily Chronicle, April 4, 1882

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CHANCERY SALE OF VALUABLE BANKING HOUSES AND DWELLING HOUSES, KNOXVILLE, TENN. No. 2850. Sam'l Watson, trustee, now Rob't Ewing, receiver, VS. Exchange and Deposit Bank of Knoxville, et al. SURSUANT TO A DECREE PRONOUNCED P in the above cause at January term, 1882, of the Chancery Court at Knoxville, 1 will sell to the highest bidder at the court house door in Knoxvile, on SATURDAY, THE 22d DAY OF APRIL NEXT, at 11 o'clock a. m., the property mentioned and described in the pleadings situate 10 Knoxville, Tenn., or so much thereof as may be necessary to satisfy complainant's judgment, interest and cost, and will be sold in the following order: First-The lot fronting upon Gay street, upon which is situated the banking house formerly occupied by the Exchange and Deposit Bank of K noxville and the Commercial Bank. and in cluding one half the passage and stairway Letween the said building and the building now occupied by the East Tennessee National Bank of Knexville. Second-The lot conveyed by a deed executed by Exchange and Deposit it Bank of Knoxville, Tenn., to James Kennedy, oated November 2d, 1867, fronting 34 feet and 8 inches on State street and upon which there is a brick dwelling house. Third-The lot conveyed by a deed executed by Exchange and Deposit Bank of Knoxville to A. G. Scott, dated November 2, 1867, fronting 34 feet and 8 inches on State street and upon which there is a frame dwelling house. And Fourth--The lot conveyed to the First National Bank of Knoxville by the Exchange and Deposit Bank of Knoxville 13th day of November. 1866, fronting 32 feet on Gas street and upon which is situated the banking house now occupied by the East Ter nessee National Bank and including the iron safe in said building. TERMS. Said sale will be made on a credit of 6.12, and 18 mon hs and in bar of the equity of redemp tion, taking fro n the purchasers notes with good security. bearing interest from date and ret ining a lien as further security. This 22d day of March, 1882. M. I. PATTERSON. mar22-w4t Clerk and Master.

7. April 6, 1882 Knoxville Daily Chronicle Knoxville, TN
Article from Knoxville Daily Chronicle, April 6, 1882

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CHANCERY SALE OF VALUABLE BANKING HOUSES AND DWELLING HOUSES, KNOXVILLE, TENN. No. 2850. Sam'l Watson. trustee, now Rob't Ewing, receiver, vs. Exchange and Deposit Bank of Knoxville, et al. P URSUANT TO A DECREE PRONOUNCED in the above cause at January term, 1882, of the Chancery Court at Knoxville, 1 will sell the highest bidder at the court house door in Knox vile, on SATURDAY, THE 22d DAY OF APRIL NEXT, at 11 o'clock a. m., the property mentio ned and described in the pleadings situate in Knoxville, Tenn., or so much thereof as may be necessary to satisfy complainant's judgment, interest and cost, and will be sold in the following order: First-The lot fronting upon Gay street. upon which is situated the banking use formerly occupied by t e Exchange and Deposit Bank of noxville and the Commercial Bank. and in cluding one half the passage and stairway Letween the said building and the building now occupied by the East Tennessee National Bank of Knoxville. Second-The lot conveyed by a deed executed by Exchange and Depo-it Bank of Knoxville, Tenn., to Jan es Kennedy, eated November 2d, 1867, fronting 34 feet and 8 inches on State street and upon which there is a brick dwelling house. Third-The lot conveyed by a deed executed by Exchange and Deposit Bank o: Knoxville to A. G. Scott, dated November 2, 1867, fronting 34 feet and 8 Inches on State street and upon which there is a frame dwell ng house. And Fourth-The lot conveyed to the First National Bank of Knoxville by the Exch. ange and Deposit Bank of Knoxville 13th day of November. 1866, froming 32 feet on Gas street and upon which is situated the tanking house now occupied by the East Te nessee National Bank and including the iron safe in said building. TERMS. Said sale will be made on a credit of 6.12 and 18 months and in bar of the equity of redemp tion, taking fro du the purchasers notes with good security. bearing interest from date and ret ining a lien as further security. This 22d day of March, 1882. M. L. PATTERSON. mar22-w4t Clerk and Master.

8. April 13, 1882 Knoxville Daily Chronicle Knoxville, TN
Article from Knoxville Daily Chronicle, April 13, 1882

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CHANCERY SALE OF VALUABLE BANKING HOUSES AND DWELL. ING HOUSES, KNOXVILLE, TENN. No. 2850. Sam'l Watson, trustee, now Rob't Ewing, receiver, vs. Exchange and Deposit Bank of Knoxville, et al. URSUANT TO A DECREE PRONOUNCED P in the above cause at January term, 1882, of the Chancery Court at Knoxville, I will sell to the highest bidder at the court house door in Knoxvide, on SATURDAY, THE 22d DAY OF APRIL NEXT, at 11 o'clock a. m., the property mentioned and described in the pleadings situate in Knoxville, Tenn., or so much thereof as may be necessary to satisfy complainant's judgment, Interest and cost, and will be sold in the following order First-The lot fronting upon Gay street, upon when is situated the banking house formerly occupied by e Exchange and Deposit Bank of Knoxville and the Commercial Bank, and in cluding one half the passage and stairway between the said building and the building now occupied by the East Tennessee National Bank of Knoxville. Second-The lot conveyed by a deed executed by Exchange and Deposit Bank of Knoxville, Tenn., to Jan es Kennedy, cated November 2d, 1867, fronting 84 feet and 8 inches on State street and upon which there is a brick dwelling house. Third-The lot conveyed by a deed executed by Exchange and Deposit Bank of Knoxville to A. G. Scott, dated November 2, 1867, fronting 34 feet and 8 inches on State street and upon which there is a frame dwelling house. And Fourth-The lot conveyed to the First National Bank of Knoxville by the Exch ange and Deposit Bank of Knoxville 13th day of November. 1866, fronting 32 feet on Gay street and upon which is situated the banking house now occupied by the East Tennessee National Bank and including the iron safe in said building. TERMS. Said sale will be made on a credit of 6.12, and 18 months and in bar of the equity of redemp tion, taking from the purchasers notes with good security, bearing interest from date and retaining a lien as further security. This 22d day of March. 1882. M. L. PATTERSON. mar22-w4t Clerk and Master.

9. April 15, 1882 Knoxville Daily Chronicle Knoxville, TN
Article from Knoxville Daily Chronicle, April 15, 1882

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LUABLE CHANCERY SALE OF V DWELLBANKING HOUSES AN ING HOUSES, KNOXVILLE, TENN. No. 2850. Sam'l Watson, trustee, now Rob't Ewing, receiver. V8. Exchange and Deposit Bank of Knoxville, al. in the above cause at January term, 1882, of P URSUANT TO A DECREE PRONOUNCED the Chancery Court at Knoxville, I will sell to the highest bidder at the court house door in Knoxville, on SATURDAY, THE 22d DAY OF APRIL NEXT, at 11 o'clock a. m. the property mentioned and described in the pleadings situate in Knoxville, Tenn., or so much thereof as may be necessary to satisfy complainant's judgment, interest and cost, and will be sold in the following order : First-The lot fronting upon Gay street, upon which is situated the banking house formerly occupied by t e Exchange and Deposit Bank of k noxville and the Commercial Bank. and in cluding one half the passage and stairway between the said building and the building now occupled by the East Tennessee National Bank of Knoxville. Second-The lot conveyed by a deed executed by Exchange and Depo it Bank of Knoxville, Tenn., to Ja , es Kennedy, eated November 2d, 1867, fronting 34 feet and 8 inches on State street and upon which there is a brick dwelling house. Third-The lot conveyed ty a deed executed by Exchange and Deposit Bank of Knoxville to A. G. Scott, dated November 2, 1867, fronting 34 feet and 8 inches on State street and upon which there is a frame dwelling house. And Fourth--The lot conveyed to the First National Bank of Knoxville by the Exchange and Deposit Bank of Knoxville 13th day of November 1866, fronting 32 feet on Gaz street and upon which is situated the banking house now occupied by the East Ten nessee National Bank and including the iron safe in said building. TERMS. Said sale will be made on a credit of 6.12, and 18 months and in bar of the equity of redemp tion, taking fro n the purchasers notes with good security, bearing interest from date and retaining a lien as further security. This 22d day of March, 1882. M. L. PATTERSON. Clerk and Master. ma 22-w4t

10. April 23, 1882 Knoxville Daily Chronicle Knoxville, TN
Article from Knoxville Daily Chronicle, April 23, 1882

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Chancery Sales Yesterday. A large number of capitalists and prominent citizens were attracted to the courthouse at 11 o'clock yesterday to attend the sales of Clerk and Master M. L. Patterson, with the veteran I. Joseph as crier. There were four sales in the case of Robt. Ewing, receiver, VS. Exchange and Deposit Bank. The brick building on Gay street, formerly occupied by the Exchange and Deposit and Commercial Banks, was bid off by T. H. Heald, at $3,600. The brick dwelling. known as the Kennedy property, on State street, was bid off by Wm. M. Baxter, at $1,400. The frame dwelling adjoining, known as the Scott or Bolli property, was bid off by E. Bolli, for $800. The bank building on Gay street, occupied until recently by the E. T. National Bank, was bid off by T. H. Heald, for $5,600. The Levi McCloud farm of 200 acres or more, in the 7th district of Knox County, was bid off by Esther Chiles at $2,515. The sales were all made subject to confirmation by the Court at some future term.