Alexandria Savings Bank - Alexandria, VA

Bank Information

Episode Type: Suspension → Closure
Bank Type: savings bank
Start Date: September 29, 1879
Location: Alexandria, Virginia (38.818, -77.082)

Metadata

Model: gpt-5-mini
Short Digest: 6858feac

Response Measures

None

Description

Article (Alexandria Gazette, 1879-09-29) reports the receiver of the Alexandria Savings Bank has received sale proceeds and will likely declare another dividend to depositors — indicating the bank was in receivership (failed) and wound up. No run is described; the bank is in receivership/closure.

Events (1)

1. September 29, 1879 Receivership

Newspaper Excerpt: The money having been paid to the receiver of the bank, Mr. J. H. Reid, it is probable that in a short time another dividend will be declared to the depositors of that bank.
Source: newspapers

Newspaper Articles (1)

1. September 29, 1879 Alexandria Gazette Alexandria, VA

Article from Alexandria Gazette, September 29, 1879

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Article Text

THE FARMERS' AND MECHANICS' SAVINGS BANK - Oa Thursday last Judge Terber en tered 8 decree, in the Circuit Court, confirming the sale of "Warwick," the farm of T. L. Sanborn, and directing the commissioner in the case of Marshall VF. the Alexandria Savings Bank to make a deed to the purchaser, Mr. Frank Home. of Washington, who give for the property $6,930. The money having been naid to the receiver of the bank, Mr. J. H. R-id, it is probable that in a short time another dividend will be declared to the depositors of that back.