20998. Shelbyville Savings Bank (Shelbyville, TN)

Bank Information

Episode Type
Suspension → Closure
Bank Type
savings bank
Start Date
October 1, 1857
Location
Shelbyville, Tennessee (35.483, -86.460)

Metadata

Model
gpt-5-mini
Short Digest
d7c929d6

Response Measures

None

Description

Contemporary dispatch (Oct 1, 1857) reports Exchange, Shelbyville, Lawrenceburgh and Trenton banks of Tennessee have suspended. No article mentions a depositor run or later reopening/receivership. Multiple later notices (1857–1858) about 'uncurrent' notes and suspended free banks imply prolonged suspension. I classify cause as macro_news (Panic of 1857) since several banks suspended simultaneously.

Events (1)

1. October 1, 1857 Suspension
Cause
Macro News
Cause Details
Suspension occurred as part of a cluster of Tennessee bank suspensions during the Panic of 1857 (multiple banks suspended per dispatch).
Newspaper Excerpt
A dispatch to the Bulletin says the Exchange, Shelbyville, Lawrenceburgh and Trenton Banks of Tennessee have suspended.
Source
newspapers

Newspaper Articles (7)

Article from The Evansville Daily Journal, October 2, 1857

Click image to open full size in new tab

Article Text

Failed. LOUISVILLE. Oct 1-P M A dispatch to the Balletin says the Exchange. Shelbyville, Lawrenceburgh an 1 Trenton Banks of Tennessee have suspended. The run on Hunt & Co., of this city. ceased before the close of business hours. They are considered strong.


Article from Clarksville Chronicle, December 14, 1857

Click image to open full size in new tab

Article Text

# BONNING'S CITY BRASS BAND. The proceeds to be appropriated to purchasing an Uni- form for the Company, MANAGERS. Prof. Bonning, W. Earnes, C. F. Horn, H. C. Singleton, L. Boginnes, J. Krech, F. W. Horn, J. P. Barthell, B. W. Champ, Capt. Wm. L. Horn, E. H. Horn, A. L. Lamb, J. Hellenger, R. R. Boswick, R. H. Horn, Tickets $2 00; to be had from the principal Book and Music Stores, and from Members of the Band. dec 11-td # Choice Chewing Tobacco and Segars. WE have in store a large lot of Capt. Z. Stultz's cele- brated brands of Tobacco and his well known Pan- cake brand to arrive in a few days. We except no brands when we say to those who want the best article that they can find it, wholesale or retail, at 44 Union street. Also a large lot of Langhorn & Armistead, with many other brands of fine Virginia Tobacco-and a lot of good Tennessee Tobacco, that we wish to close out at prices to please the buyer. We continue to keep genuine imported Havana Cigars, Domestic and German do. Pipes, Scotch Snuff, Smoking Tobacco, &c., &c. dec 11 GU J. W. LANGLEY & CO., 44 Union Street. ALE.-WALKER'S XX, 75 barrels, just received by dec 10 ROBT. JOYNT. Sycamore Spun Cotton, 50 Bags for sale by dec 10 ROBT. JOYNT. Dried Beef.-10,000 pounds prime for sale by dec 10 ROBT. JOYNT. # White's Counterfeit Detector for DECEMBER. A FULL account of the condition of the Banks of the country, and especially of Tennessee. Price only 25 cents. For sale by F. HAGAN, dec 9 Market Street. # SELF PRESERVATION, &C. ALL debts due us previous to the year 1857, will be col- lected by suit at January Court, or before a Magis- trate, if not paid before that time. This shall apply to all persons, without distinction. "A word to the wise is suffi- cient," R. C. MCNAIRY & CO. dec 9 UPG A Copy of the Celebrated Book, By APPLETON, # "World-Noted Women," may be seen at my store. nov 25 CHARLES W. SMITH. # For New Orleans on Monday 21st December. THE fine Passenger and Freight Packet JAMES H. LUCAS, H. G. M'COMAS, Master, will leave New Orleans for this city on Saturday next, 12th inst, and return to New Orleans on MONDAY the 21st inst. She will continue as a regular packet in the trade during the season. dec 9-dtd VALUABLE LOT FOR SALE. BY authority of a deed of trust executed to me, I will sell TWENTY or TWENTY-FIVE FEET of that valua- ble lot, fronting on Spring or Church street, adjoining the First Presbyterian Church. dec 5-d8t R. LUSK, Trustee, # BONDS AND STOCKS FOR SALE. $70.000 STRAIGHT Tennessee State Bonds; 200,000 Endorsed Bonds; 1,500 Shares Nashville & Chattanooga Railroad Stock; 1,000 " Sewanee Mining Stock. $5,000 Huntsville Mining and Manufacturing Stock. All of which will be sold on favorable terms by Nashville, Dec. 5-tf A. WHELESS & CO. # NOTICE, NOTICE. WE are selling Rope, Bagging, Sack Salt, Nails, Tobac- co, Whisky, Cigars and Liquors generally, for all FREE BANK, OCOEE, LAWRENCEBURG and SHELBY- VILLE Notes at par. J. T. MARTIN & CO., nov 4 NU Corner Broad and Market Sts. # Uncurrent Bank Notes Wanted. WE will pay the highest market price for the Notes of the following Banks, if delivered immediately, Lawrenceburg, Shelbyville, Ocoee, Dandridge, and Knox- ville, the above Notes we want particularly. We will also, buy the Notes to all the suspended Free Banks not men- tioned in the above list, at the highest Market price


Article from Nashville Union and American, February 3, 1858

Click image to open full size in new tab

Article Text

# Uncurrent Bank Notes Wanted. WE will pay the highest market price for the Notes of the following Banks, if delivered immediately: Lawrenceburg, Shelbyvilie, Ocoee, Dandridge, and Knoxville. the above Notes we want particularly. We will also, buy The Notes of all suspended Free Banks not mentioned in the above list, at the highest market price. dec 5- A. WHELESS & CO.


Article from Nashville Union and American, May 25, 1858

Click image to open full size in new tab

Article Text

# Uncurrent Bank Notes Wanted. WE will pay the highest market price for the Notes of the following Banks, if delivered immediately: Law- renceburg, Shelbyville, Ocoee, Dandridge, and Knoxville. the above Notes we want particularly. We will also, buy The notes of all suspended Free Banks not mentioned in the above list, at the highest market price. dec 5-tf A. WHELESS & CO.


Article from Nashville Union and American, June 6, 1858

Click image to open full size in new tab

Article Text

UNCURRENT BANK NOTES WANTED. will pay the highest market price for the Notes of the W following Banks, if delivered immediately: Lawrenceburg, Shelbyville, Ocoee, Dandridge, and Knoxville, the above notes we want particularly. We will also buy the Notes of all suspended Free Banks, not mentioned in the above list, at the highest market price. dec5-tf A. WHEELES & CO.


Article from Nashville Union and American, June 29, 1858

Click image to open full size in new tab

Article Text

# UNCURRENT BANK NOTES WANTED. WE will pay the highest market price for the Notes of the following Banks, if delivered immediately: Lawrenceburg, Shelbyville, Ocoee, Dandridge, and Knoxville, the above notes we want particularly. We will also buy the Notes of all suspended Free Banks, not mentioned in the above list, at the highest market price. dec5-tf A. WHEELES & CO.


Article from Nashville Union and American, July 6, 1858

Click image to open full size in new tab

Article Text

# UNCURRENT BANK NOTES WANTED. WE will pay the highest market price for the Notes of the following Banks, if delivered immediately: Lawrence-burg, Shelbyville, Ocoee, Dandridge, and Knoxville, the above notes we want particularly. We will also buy the Notes of all suspended Free Banks, not mentioned in the above list, at the highest market price. dec5-tf A. WHEELES & CO.