20883. Bank of the State (Nashville, TN)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
December 1, 1883*
Location
Nashville, Tennessee (36.166, -86.784)

Metadata

Model
gpt-5-mini
Short Digest
adb1371e

Response Measures

None

Description

Multiple newspapers (Dec 1883) report a final decree in the Chancery Court in Nashville distributing $300,000 assets of the Bank of the State of Tennessee to noteholders and funding outstanding war-era notes. No run is described; the court decree indicates closure/receivership.

Events (1)

1. December 1, 1883* Receivership
Newspaper Excerpt
The final decree was entered in the Chancery Court in Nashville, Tenn., by which $300,000 assets of the Bank of the State of Tennessee are to be distributed to the noteholders. A half-million dollars in outstanding notes of this bank, issued during the war, are to be funded and made receivable for taxes.
Source
newspapers

Newspaper Articles (3)

Article from Millheim Journal, December 13, 1883

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Article Text

LATEST NEWS. LONDON, Dec. 9.---News has reached Aden, Egypt, that a force of hill tribes has attacked and annihilated five companies of Egyptians outside Suakim. Only fifty Egyptians, half of whom were officers, escaped. Admiral Courbet in a private letter from Tonquin expresses eagerness to march on the enemy. Several ports of the Hovas have been destroyed by the French fleet in Madagascan waters. It is rumored in Berlin that another meeting of the Emperors of Germany, Russia and Austria will take place. The Ozar and German ambassadors to Russia were present at the St. George's winter palace in St. Petersburg. Signor Lovito and Baron Nicotera, who fought a duel in Rome on Friday, will be prosecuted. Signor Lovito has resigned the secretaryship of the ministry of the interior. Msgr. Savaraz, formerly the domestic prelate in the Pope's household, yesterday was received into the Protestant Episcopal Church and abjured the Catholic faith. i Laban Stephens has been convicted of the murder of Anderson Lackey at Jackson, O. The Jones brothers have been convicted of the same crime, and will be hanged December 21. A bill has been introduced in the South Carolina Legislature modifying the railway laws of the State. The bill seeks to curtail the powers of the railroad commission, which, it is claimed, have been exercised to the hurt of the railways. United States Commissioner Samuel Patterson, of Lynchburg, va., committed a colored mail carrier named Wm. Henry Callaway to jail in default of $5,000 bail, on the charge of robbing the mail between Roanoke and Cave Springs, Roanoke county. He confessed the crime. The final decree was entered in the Chansery Court in Nashville, Tenn., by which $300,000 assets of the Bank of the State of Tennessee are to be distributed to the noteholders. A half-million dollars in outstanding notes of this bank, issued during the war, are to be funded and made receivable for taxes. Articles of incorporation have been filed at Cheyenne, W. T., by the Wyoming, Yellowstone Park and Pacific Railway Company. The road will run through the coal, iron, soda and petroleum region of Western Wyoming, in the National Park and Montana, and its construction will begin in the spring. Dr. J. M. Shea, an alleged spiritualist and materializer, has been arrested in Chicago, together with George Mastow, his assistant, and held to bail. He was taking large sums of money at exhibitions in which he purported to materialize the spirits of the dead. Officers brought into court his equipment, comprising wigs, false faces, laces, petticoats, flowing robes, white plumes and a bespangled girdle which his "White Prince" of Oriental fame wears when he comes from the spiri land. The court-room was scarcely able to contain the immense number of excited victime when Shea was tried.


Article from The Bee, December 15, 1883

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A teacher in Irkutak, Russia has beeu shot for str king the Governor-General of Eastern S.beria. Fourteen thousand workmen are idle by reason of the strike of colliery boys in the Yorkshire mines. The damage by the fire in the palace of the Legislative Chamber in Brussels is placed at 0,000 francs. A terrible story of the treatment of prisoners in the St. Petersburg bastion comes from a nihilist confined there. The French Chamber of Deputies yesterday discussed the Tonquin credit bill. It is said in Paris that no notes have passed between M. Ferry and the Marquis Tseng since Nov. 30. The German corvette Olga, with Prince Henry of Prussia on board, has arrived at Santiago de Cuba. The Prince was given an official reception. Preparations are being made for festivities in bis honor in Havana. where he is expected to arrive on the 22d inst. The final decree was entered in the Chancery Court in Nashville, Tenn., by which $300,000 assets of the Bank of the State of Tennessee are to be distributed to the noteholders. A half-million dollars in outstanding notes of this bank, issued during the war, are to be funded and made receivable for taxes. Articles of incorporation have been filed at Cheyenne, W. T., by the Wyoming, Yellowstone Park and Pacific Railway Company. The road will run through the coal, iron, soda and petroleum region of Western Wyoming, in the National Park and Montana, and its construction will begin in the spring. Dr. J. M. Shea, an alleged spiritualist and materializer, has been arrested in Chicago, together with George Mastow, his assistant, and held to bail. He was taking large sums of money at exhibitions in which he purported to materialize the spirits of the dead. Officers brought into court his equipment, comprising wigs, false faces, laces, petticoats, flowing robes, white plumes and a bespangled girdle which his "White Prince" of Oriental fame wears when he comes from the spiri land. The court-room was scarcely able to contain the immense number of excited vic tims when Shea was tried. Wesley Posey, colored, has been convicted at Birmingham, Alabama, of outraging a little white girl and the penalty fixed at death. At Trenton, N.J., a decision was rendered in the Dinsmore suit, denying the application for a preliminary injunction to prevent the leasing of the New Jersey Central to the Reading, but reserving the right to renew eapplication at any time. But three persons were saved from the steamer Manistee, which foundered recently on Lake Superior. Nine persons left the ste mer in a lifeboat, and six of them died or were drowned before they reached land. The crew, captain and ten or eleven passengers went down with the steamer. In Chicago John Fleming and Frank L Loring were convicted for participation is what are known as the "Fund W" frauds. A firm known as Fleming & Merriam advertised to do a commission business on the Chicago Board of Trade, and induced a great many people to invest in "Fund W It is estimated that they collected more than 0,000 which they contend to be using in speculation on the Board of Trade. A special from Raleigh, N. C., says: "The town of Williamston, Martin county, is in ashes. The entire business portion of the town was burned last night. The following named merchants were burned out: J. W Davenport & Co., C.B. Hassell, Geo. W. Williams, S. R. Biggs, J. T. Deans, Wm. Slade, Peal & Gurganus, B. B. Watts & Co., N. S. Godward, J. A. Robinson, A. R. Rogerson, Luke B. Robertson & Co., Peal & Groves, and J. D. Biggs & Co., and the postoffice and telegraph office. The fire was discovered at 15 minutes to 1 o'clock, and originated in the store of J. D. Biggs & Co. There is some insurance, but it is not known how much. The steamer Commerce, of the Baltimore, Roanoke and Norfolk Line, lying at the wharf, was also burned, with 250 bales of cotton on board. The steamer and cargo are both fully insured. LONDON, Dec. 6.---It is reported from Pekin that the Chinese government refuses tc withdraw or modify its claims in regard tc Tonquin. Admiral Courbet reports that the French attack on Sontay has not yet begun. The Paris newspaper La Liberte says that England is taking energetic steps to bring about a treaty between France and China, and it believes that peaceful negotiations have made progress. a England and Spain will renew negotiations for a commercial treaty. The fire in Constantinople on Wednesday destroyed 600 houses. The Chamber of Deputies in Brussels has been destroyed by fire. Sir Henry James, attorney-general, has written a letter taking exception to the manner of conducting O'Donnell's defense. The ex-minister of the interior and the present secretary of the ministry of the inte rior of Italy quarreled yesterday in the lobby of the Chambers, and the latter sent a challenge to the ex-minister. A despatch from San Francisco says it is reported that a wheat freight pool composed of Solomon Wangenheim, M. Waterman & Co., and others lost two million to three million dollars by the heavy fall in rates. Claus Spreckles was caught to the extent of three hundred thousand dollars. The state police arenow investigating the doings of a New Bedford firm which it is alleged, manufactures organs in the cheapest manner, and by means of circulars sent broadcast, sells them for fabulous prices to the unitiated. It is believed that the firm disposed of about twenty-five thousand organs during the past year at a profit of from $150.0 0 to $200,000. Washington Notes A number of bills for retiring the trade


Article from The Bolivar Bulletin, December 27, 1883

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SOUTHERN GLEANINGS. The Rev. Dr. A. A. Watson, of Wilmington, N. C., has been unanimously elected Bishop of the new Episcopal Diocese by the.convention at Newbern. In the Criminal Court at Memphis, Tenn. recently, Bat Blocker, a negro who some months ago killed another negro named Harold Jefferson, was convicted of murder in the second degree, and sentenced to twenty years in the Penitentiary. The jury was composed exclusively of colored men. A man giving the name of John F. King surrendered to the police of New Orleans a few days since, saying he killed Frank Willett, his partner in the fishing business, in Savannah, in Nov ember, 1882. He was remanded to await information from the Georgia authorities. Colonel J. R. Powell, a wealthy planter of Wash nzton County, Miss ssippi, as shot by Charles F. Robinson, during a dispute few days ago. The fine gin-house belonging to M. Allman, of Walker County, Gu. was destroyed by fire a few nights ago, entailing loss of $5,000. Supposed to have been the work of an incendiary. Mrs. Caroline Hampton Preston, reliet of the late General John S. Preston, and last surviving child of General Wade Hampton, of Revolutionary fame, died in Columbia, S. C., on the 12th, in the 77th year of her age. At a meeting of the A. M. E. Zion Church, at Raleigh, N. C., recently, Bishop Hood was sustained in his decision at the Kentucky Convention whereby Bishop Hillerey was silenced. The conduct of Bishop Hillerey on said occasion was strongly condemned. Among the prisoners who recently escaped from the jail at Chattanooga, Tenn., was Edward Welch, charged with robbery. He was captured near Rising Fawn, Va., by Sheriff Byrd, of Dade County He resisted and was shot by the Sheriff. Welch was reported dying from the effects of his wound. Final decree was recently entered in the Chancery Court at Nashvill le, Tenn., by which $300,000 assets of the Bank of the State of Tennessee are to be distributed to note holders. Half million dollars outstanding notes of this bank, issued during the war, are to be funded and made receivable for taxes. Burglars ente: ed the grocery house of J. B. Stevens at Mobile, Ala., a few mornings since and attempted to crack the safe. Powder was used and the explosion blew off all the door rivets, but failed to open the door. A second attempt was made with sledge hammer and cold chisel, but the burglars were frightened away before making successful entry. George Blair, clerk in a store at Caskie Station, five miles from Hopkinsville, Ky., returned to the store after leaving a few nights ago. The proprietor saw light and thinking it was robbers got some friends, all armed, and when Blair came out riddled him with bullets. The State Comptroller of Texas recently purchased as a fund $130,000 of the bonds of the counties of Bastrop and Bexar A large number of Georgia immigrants have arrived in Texas recently and located in the northern part of the State. Charles E. Block, of the firm of Graham, Block & Co., has been elected President of the New Orleans Cotton Exchange. Kentucky has furnished more Speakers for the House of Representatives than any other State. Carlisle is the tenth. Four convicts who recently escaped from the Rusk County (Texas) Penitentiary, were recaptured a few days ago. Incendiaries caused the destruction of seven business houses at Corsicana, Texas, recently. the losses aggregating $69,000. Thomas Locke and J. N. Campbell, of Wacc, Tex., the latter a prominent citi zen. have been arrested for counterfeiting. The sugar house and refinery of Mr. Charles Walker, on Bayou Teche, about three miles above Franklin, La., was burned a few days ago. The loss is very large, as Mr. Walker had, it is said, about 1,000,000 pounds of sugar stored in the refinery, and his machinery was of the most improved and expensive pattern. Mr. Walker is noted as one of the most enterprising and progressive planters in the State, and his misfortune is calamity for the hole State. There is an insurance of $30,000. Sallie Smith, of Marion County, Tex., was convicted at Jefferson, of murder the second degree for murdering her grandchild, and sentenced to the Penitentiary for four years. The case will probably be taken to the Appelate Court. L. P. Christiansen, arrested at St. Angelica, Tex., on a charge of horse stealing in Shackelford County, broke jail and escaped a few nights ago. He is connected with large gang of horse thieves, and is supposed to have had assistance from some one outside in his escape. Spontaneous combustion of flour ig nited the mills of M. Livingstone at Paducah, Kv. a few days ago, causing a loss of £50,000. The jury in the case of Henry Campbell, colored, accused of murdering Policeman Snow, at Houston, Tex., who was trying to arrest him for causing a distubance a negro ball last spring, brought in verdict of guilty, and assessed his punishment at death. Campbell will be sentenced at the end of the term and will undoubtedly be hanged. A few nights ago at Houston, Tex., a shanty occupied by an old man named Carmichael, burned. When the flames were extinguished the charred remains of It Carmichael were found on the floor. was supposed that he had been murdered, and the house fired to conceal the crime. The housekeeper, Amelia Redmon, was arrested, and the police were looking for 8 male acquaintance of hers. Carmichael was once somewhat dissipated. He was wealthy slave owner in Alabama. A Texas druggist has a pet peccary. At Calvert City, Marshall County, Ky., a few days ago, S. E. Lander, aged sixty a druggist and grocer, suicided by taking morphine. He had been ill and had a disordered mind. He left a note explaining his act to have been caused by persecution of men known to be his friends. The residence of Frank H. Miller, at Augusta, Ga., burned recently. Loss, $20, 000; insurance, $15,000. The arehouse of S. Lesser, containing cotton and bagging, was damaged $8,000. The fire originated from match ignited by a truck running over it. Four colored men in Rome, Ga., are studying for the priesthood. The four buildings of the World's Industrial and Cotton Exposition in New Or= leans are to have 1,000,000 square feet of exhibition space, and are to cost in the agonly $255,000.