21464. Bank of the Old Dominion (Alexandria, VA)

Bank Information

Episode Type
Suspension → Reopening
Bank Type
state
Start Date
November 21, 1860
Location
Alexandria, Virginia (38.818, -77.082)

Metadata

Model
gpt-5-mini
Short Digest
3cc60b55

Response Measures

None

Description

Newspaper reports (Nov 22–23, 1860) state the Bank of the Old Dominion in Alexandria declined to redeem specie 'for the present' after Richmond banks suspended. No run or receivership is reported; suspension appears to be a precautionary, temporary suspension tied to other Richmond banks' actions (correspondent/local banks shock). Reopening is not explicitly reported, but wording ('for the present') implies a temporary suspension; classified as suspension_reopening as most likely outcome.

Events (1)

1. November 21, 1860 Suspension
Cause
Correspondent
Cause Details
Suspended specie payments in reaction to suspension of specie payments by Richmond banks (did not redeem notes 'for the present').
Newspaper Excerpt
The Bank of the Old Dominion of this city, yesterday, in consideration of the suspension of specie payment by all the Richmond the Richmond Banks, determined to make like suspension, and decline to redeem for the present any more of its notes.
Source
newspapers

Newspaper Articles (2)

Article from Evening Star, November 22, 1860

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Article Text

Stewart was terday, arrested PoliceA Henry by man Irvin for being drunk and disorderly and insulting ladies upon the street. misconduet he was fined 83 15 Ad Weaver was arrested by Policeman J. F. King upon a charge of using profane and indecent language in the streets, and thereby insulting Lizzie Golding and two young girls who were walking in company with her at the time Lizzie gave her testimony with becoming modesty, declaring that the language was of the most profane and volgar haracter; such as she had never heard before; in fact she could not repeat it to the justice-it would make her blush. One of of the young women was called to testify. and she corroborated the statement of Miss Lizzle; but she too refused to "use that language. A young man was sworn for the defence, who proceeded in the most precise manner to describe the actions of the females, and repeat a portion of the conversation, which he declared was directed to him He admitted that hisfriend used indecent language, but to him He wanted the Squre to understand particularly "it was not to the ladies The testimony excited consider. able mirthin the crowded office, which his honor had to check as well as he was able He then proceeded to inform Mr. Weaver that it was a violation of law to use profane and indecent language in the streets of ashington, even was said to himself and not intended for the ears of any one else The law was for the purpose of securing decent behavior, and as it was clearly that this was be proven would violation gross fine him 80 94 The amount immedi ately and the parties left. Elizabeth Robbins was arrested yesterday by policeman King for selling liquor without license; fine and costs, $21 27 Lewis Needles was.arrested by the same officer on suspicion of stealing silver watch from P Springman Upon investigation the proof was insufficient, and the case was dismissed Before Justice Clark m. Williams Stephen Reynolds, Thomas Dant, and Samuel Gassaway were all hauled over the coals on account of their to in procli engage unlawful with skirmishes stones in the public streets They were each punished to the extent of $1 18 John Doe was found drunk. very drunk. embracing a eurbstone, and lavishing very tender expressions upon was that useful street convenience He introduced to Mr Queen forthwith. Catherine Barker and Elizabeth Herbert wgre each made to contribute 19 to 85 the city as set off to treasury, sundry violations of one of the articles of the decalogue respecting profunity. Henrietta Savoy for similar violation on a limited scale, was required to submit to tax of 82 91. THE VIRGINIA ANNUAL CONFERENCE AT ALEXANDRIA The Virginia Annual Conference of the Methodist Episcopal Church South opened its sixty-fourth session in the basement of the Methodist Episcopal Church South yesterday morning, Bishop Payne in the chair Rev. P. /hitehead was chosen Secretary of the Conference, vice Rev. Mr. Coulling, who declined, after ten years' service. Rev. P. A. Peterson was chosen Assistant Sectary The hour for opening the daily sessions of the Conference was fixed for 9 o'clock m and 1p m was fixed as the time for closing the daily sessions The Conference being then about to proceed to the usual examination the character of ministers the Bishop inquired if the Conference desired to conduct the examination with open doors After considerable discussion on this subject. the Conference finally agreed to sit with open doors during the examinations, which were accordingly proceeded with and continued up to the time of adjournment. Missionary Meeting The Missionary Society of the at Conference met the Methodist Episcopal Church South, yesterday at noon, Rev J. E. Edwards, President, in the chair, and Rev J R. Riddick, Secretary, and made preliminary arrangements for the anniversary meeting, which will take place some time during the session of the Conference. A FRIEND at our elbow says it is strange and unaccountable to him how G G Evans can canafford to dispense such beautiful presents at his gift bookstore. The prices of the books, he says, are the same as charged by other booksellers, and with each purchase is presented a gift of ornament, use and value. The most common article appears to be worth much more than the price paid for the book, and If purchased at regular Jewelry establishment would cost a higher sum Our informant does not understand how be can do this and make profit, and therefore will not but to last while attempt only expiain; evening, in the gift bookstore. he observed a lady receive as gift, on purchasing Arthur's Ten Nights in a Bar room silk dress pattern of beautiful which we should must cost about design, judge $20; while studs, sleeve buttons, pencils, silver cups. breastpins. &c were carried off by other well-pleased and smiling-faced purchasers He then left the store, convinced in his own mind that If there is one place in the city where people get their money s worth that place isG G Evans' gift bookstore, 476 Pennsylvania avenue. THE GREEN EYED MONSTER Miss Elizabeth Hamilton attended a colored people's ball at the hall corner of Pennsylvania avenue and Second street, in company with her Sambo While there she thought she discovered signs of intimacy between another girl and Sambo which boded no the to hold which she she held good supposed upon his affections, and her jealousy being thereby aroused. she sought the only redress at hand. in shape of a fierce assault upon the face and habiliments of her rival. The fight on both sides was sustained with commendable spirit for some time. Mr Sambo looking on with great disinter estedness the while. until the arrival of watch. man up n the spot, when Mr S sloped, and Elizabeth was taken in very general condition of collapse to Justice McKenna's office, where she refused to be comforted As Sambo failed to appear with the circulating medium necessary to her release from the little obligation she had incurred to the Corporation, she was sent to Mr Queen's country seat for the period of one calender month. LARCENY AND ARREST Yesterday. Michael Curran was arrested in Alexandria by Policemen Eckloff and Fanning, and brought to this city on charge of larceny He was taken to the office of Justice Donn, when it appeared upon examination that he had been employed at the European House, and dismissed recently; that soon after his dismissal he managed to steal from guests In the house two cloth coats, a pair of pants, a pair of boots, two revolvers, and various other articles; that he disposed of a portion of the stolen property, and with the remainder, composinga an outfit for a southern tour, he fled the city, getting as far as Alexandria, whither be was followed and ar. rested The property was recovered and the prisoner was sent to jail for trial at the ensuing term of the Iminal Court. AN ANNOY hear many complaints that for some time the pavement the corner of Fourth and streets has been infested every Sunday evening by a gang of youngsters, who place themselves directly in the track of ladies and gentlemen on their way to and from St Aloysius Church, and annoy them by every possible means short of absolute assault and battery The least of these annoyances are said to be the utterance of profane oaths and low expressions in the hearing of ladies. squirting tobacco juice on their dresses, impertinent remarks respecting their personal appearance. etc etc little police vigilance in that direction, all the time, would do no harm to the neighborhood THE ALEXANDRIA BANKS The Gazette of this morning says: The Bank of the Old Dominion of this city, yesterday, in consideration of the sus pension of specie payment by all the Richmond the Richmond Banks, determined to make like suspension, and decline to redeem for the present any more of its notes. The Branches of Etchange and Farmers Banks had comparatively few calls made upon them and met all demands for redemption The Directors of these Banks were to session yesterday, and we learn, determined that a run should be made upon them for specie, they will suspend also.


Article from The Daily Dispatch, November 23, 1860

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Article Text

Sound A dvice. quirer, a conservative The Philadelphia In st reproof to the cenjournal, administers a jt Republican newspasurable course of certain sneers and irritating pers, in their taunts and of men already prophilippies against a body kcitement. It speaks voked to a high stateo t. which It says isor a late Tribune, article, alignity that IS almost Marked by a reckless In 1 who have not yet esdevilish. Mocking the me 10 Tribune cries out caped the troubles of 1857, t aring, smashing high Let's have a panic;' are distress were a pasold panic,' as if financial time, and run a frolic. not answer the TriAn ordinary panic will 0 use its own words, biene's purposes. It wants. half-way make-be'none of your little. hollow d break down, after lievas, but a reat old-fashwome at 'individuais may the pattern of 1857.' Itadds, 1 make a loss-that 18 their all ir-but the country rue, there are some will be greatly benefited.' 08 just ready for the drawbacks. We have our evo 10 to 25 per cent. market, and shall sell then uld: We shall sell lower than we otherwise ar public securities millions of dollars worth of 4 cent less than we to foreigners for twenty per for after the storm shan be glad to buy them bast mechanies and lablows over and a good many e coming winter a borers in our cities will findi a of it, but this will very hard one.' There is mort hen proceeds in its do for a sample. The Tribumer eks past, with the other columns, as it has for VA men of the South same taunts and sueers of the d that section, unwhich have already exasperate verge of revolutil it 18 now brought to the very non; this being the very cour se to produce the panis it demands.' The Inquirer observes the t the journals which indulge in such taunts "have noteven the pretext that they are repire senting the sentiments of their readers. Ev ery line of this malignant stuff falsifies the true Northern feeling, and outrages the goo 1 sense of the people." "Let us, for the sake of the country, havean end of the follies tha have brought the country to the sorry pass it is in, and let all patriotic men so speak and a ct as to make thin no worse, if they have not the power to make them better." If the Inquirer's advice can have any effect on Rep ablican journals North of a respectable character, we can assure it th at the Tribune's course will produce no irrita ting effect whatever in the South. That paper is seen by but few of our people, and those who do see it are so accustomed to its peculiar sty le of speech that it is provocative of ridicule rather than anger. The proprietor, who, failing to obtain Southern supp ort for the New Yorker, after he had proposed to keep still on the subject of s'avery, commenced an anti-Southern crusade because it would. pay, cannot be expected to attain to the dignity of Southern indignation. THE BANK SUSPENSIONS IN VIRGINIA-Commercial Affairs.-The Banks at Lynchburg, Danville, and Petersbt rg, have suspended.The Alexandria Gazette of yesterday says: The Bank of the Old Deminion of this city, yesterday, in consideration of the suspension of specie payments by all the Richmond Banks, determined to make a like suspension, and declined to redeem for the present any more of its notes. The branches of the Exchange and Far "ders' Banks had comparatively few calls made upon them, and met all demands for redemption. The Directors of these Banks were in vession yesterday, and, we learn, determined true if a run should be made upon them for specte, they will suspend d also. A meeting of merchants was to take place in Alexandria restorday, to take action in reference LU the experies advance in the rates of Exchange consequent Eyes a suspension of special prymanic ** the Minha win 0: State,