21472. Farmers and Mechanics' Savings Bank (Alexandria, VA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
March 28, 1884
Location
Alexandria, Virginia (38.818, -77.082)

Metadata

Model
gpt-5-mini
Short Digest
258c70c4

Response Measures

None

Description

Newspaper refers to the institution as the 'late' Farmers and Mechanics' Savings Bank and names receivers (J. H. Reid; later Leonard Marbury) paying dividends to depositors. There is no description of a depositor run in the articles; the bank was placed in receivership and liquidated, with dividends being paid, indicating a suspension and permanent closure. Dates of initial suspension/failure are not given in the clippings; receiver appointment is reported 1884-04-14.

Events (4)

1. March 28, 1884 Other
Newspaper Excerpt
Mr. J. H. Reid, receiver, has determined to pay a dividend of 20 per cent. to the depositors of the late Farmers and Mechanics' Savings Bank. Depositors are requested to leave their books ... and the dividend will be paid at the First National Bank on April 1st.
Source
newspapers
2. April 14, 1884 Receivership
Newspaper Excerpt
Judge James Keith has appointed Mr. Leonard Marbury receiver of the late Farmers and Mechanics' Savings Bank of this city vice Mr. J. H. Reed, resigned.
Source
newspapers
3. February 4, 1885 Other
Newspaper Excerpt
the receiver for the deful[t] Farmers and Mechanics' Savings Bank, Mr. Leonard Marbury, will be paid $5,307.16 on bonds held by the bank as collateral ... A dividend of about 20 cent. will probably be declared to the depositors in that bank at an early day, due notice of which will be published. Dividends to the amount of 47 per cent. have been paid up to this date.
Source
newspapers
4. * Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank has failed/been placed in receivership; depositors are to receive dividends from receiver indicating insolvency and winding up.
Newspaper Excerpt
the late Farmers and Mechanics' Savings Bank
Source
newspapers

Newspaper Articles (4)

Article from Alexandria Gazette, March 28, 1884

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Article Text

shad and herring in the said Potomac river," is the title of a bill introduced in the House of Representatives yesterday by Mr. Townshend. The bill provides that for five years after its passage it shall not be lawful to fish with fyke net, pound-net, stake-net, weir, float-net, gill-net, haul- seine, or any other contrivance, stationary or floating, in the waters of the Potomac. The penalty provided for a violation of the law is a tine of not less than $10 nor more than $100, and the forfeiture of all nets, boats and appliances. It also provides that the informer shall be paid $10, and does not prevent the United States Fish Commission from taking tish from the Potomac. It is thought that the bill will pass. # WHIRLED TO DEATH A terrible accident occurred at Herndon, on Wednesday, by which a Washington boy named John Wil- son will probably lose his life. The boy, who is 13 years of age, was in the barn of Mr. Wm. Urich, where a steam threshing machine was in operation. He imprudent- ly ventured too near the machine and his clothing was caught by an iron shaft in a manner that rendered him powerless to ex- tricate himself. The shaft was revolving very rapidly, its motion being estimated at 175 revolutions per minute, and the boy was caught up and whirled around with this terrible velocity. The machinery was stop- ped almost immediately, but not until Wil- son had received internal injuries of a na- ture that will make his recovery almost im- possible. SAREPTA HALL. For the first time in the history of shows in this city a placard announcing "standing room only" was put up before eight o'clock last night at this popular place of amusement, a large num- ber of ladies being present. The perform- ance was all that could be desired, and ev- ery act as advertised performed, even to the lifting of the 42-gallon cask filled with water by the teeth of John D'Alma. The Paynes, T. J. Hefron, Eugene Maas, Billy Williams and the D'Almas were all that could be expected. Three more perform- ances will be given by this company-to- night and Saturday afternoon and night. At the matinee all ladies and children are admitted to the lower floor for ten cents. COUNTY BOARDS.-The Electoral Board of Alexandria county met at the clerk's of- fice of the county court to-day, and organ- ized by the election of Robert Walker chair man, and Dr. D. N. Rust secretary, after which the following named persons were appointed registrars: Geo. W. Salisbury, of Jefferson district: Edwin Ball, of Arling- ton district, and Robert Walker, of Wash- ington district. Judges: Arlington, A. P. Douglass, T. J. Adams and Wm. A. Rowe. Jefferson, W. H. Hatch, S. W. Hagenbauck and J. W. Wormley; Washington, E. K. S. Deeble, Fairfax C. Minor and Walter Wil- son Messrs. F. C. Minor, A. P. Douglass, W. A. Rowe, W. H. Hatch and J. W. Wornley were designated as Commissioners of Election. POLICE REPORT.--Last night was clear and cool, with one prisoner and six lodgers at the station house. The Mayor this morning disposed of the following cases: A young man, arrested by officer Hayes, for being helplessly drunk on the street, was discharged on his promise to reform. A young man was examined as to his knowledge of gambling which he claimed was going on in this city, but was unable to state anything definite or that the police could take cognizance of. It was Pat Foley and not Mr. Jerry Foley, as published yesterday, who was fined for disorderly conduct. ORDER UNITED AMERICAN MECHANICS.- At the regular meeting of Virginia Council No. 2, O. U. A. M., held at their ball last night, the following officers were elected to serve during the ensuing quarter: Coun- cilor, E. R. Boyer; Vice Councilor, T. G. Brent; Recording Secretary, E. L. Germond; Assistant Recording Secretary, John T. Roberts; Financial Secretary, J. C. Kelley; Inductor, M. R. Norriss; Examiner, John L. Kelley; Inside Protector, Wm. H. Scott; Outside Protector, E. B. Cliff; Janitor, E. R. Boyer. # MASS MEETING TO-NIGHT The mass meeting in the interest of the Young Men's Christian Association to-night promises to be a very interesting affair. The meeting will be held in Trinity church, and Rev. John Edwards, the pastor, will preside. Ad- dresses will be made by prominent Asso- ciation workers from Richmond and Wash- ington, and by citizens of Alexandria. The Association is thinking of taking steps to- ward the purchase of a building, and it is expected that there will be a full attend- ance. LUMBER INSPECTOR. Mr. George Darley, who for a long time has been connected with Messrs. Perry, Smoot & Co., lumber dealers of this city, has been appointed by the Lumbermen's Association of Campbell county and Lynchburg, Inspector of Lum- ber for that city. The position is said to be a good one and Mr. D. will leave here on Monday next to enter upon the discharge of his duties. The position was offered to Mr. J. L. Adams of this city, but declined. DIVIDEND. It will be seen by reference to an advertisement elsewhere that Mr. J. H. Reid, receiver, has determined to pay a div- idend of 20 per cent, to the depositors of the late Farmers and Mechanics' Savings Bank. Depositors are requested to leave their books at his residence, on Prince street, and the dividend will be paid at the First Nat- ional Bank on April 1st. IMPROVING. It is thought by the friends of Mr. J. B. Sneed, whose attempted suicide at the Braddock House was mentioned in yesterday's GAZETTE that his condition to-


Article from Alexandria Gazette, March 28, 1884

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DIVIDEND.-It will be seen by reference to an advertisement elsewhere that Mr. J. H. Reid, receiver, has determined to pay a dividend of 20 per cent. to the depositors of the late Farmers and Mechanics' Savings Bank. Depositors are requested to leave their books at his residence, on Prince street, and the dividend will be paid at the First National Bank on April 1st.


Article from Alexandria Gazette, April 14, 1884

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NEWS OF THE DAY. The new Russian loan of £15,000,000 has been negotiated. The Pope is preparing an encyclical letter against Freemasons and other secret societies. Mr. Henry J. Byron, the dramatist, author of "Our Boys" and other well-known plays, died in London yesterday. It is reported from Cuba that 38 of a band of 42 insurgents marching to join Aguero have been killed in an attack by troops. Great damage to strawberries and early vegetables is reported to have been done in the vicinity of Norfolk Friday night by a heavy frost. Judge James Keith has appointed Mr. Leonard Marbury receiver of the late Farmers and Mechanics' Savings Bank of this city vice Mr. J. H. Reed, resigned. Mr. Isaac Rudd is to have a two story brick dwelling erected on Fairfax street hetween King and Prince on the site of the old paint shop, which to-day was removed to the northern part of the city. Rev. J. D. Dudley, aged sixty-eight a prominent Presbyterian minister, died suddenly Saturday afternoon at his home in Dinwiddie county. Deceased was a native of Richmond and was educated at the University of Virginia. Two negro men have been implicated in the murder of Miss Celia Bush, in Dorchester county, Md., and sent to jail awaiting further developments. Cornelius Murphy has exonerated himself from the suspicion which at first attached to him. Communications with Berber have been cut. It is rumored that Khartoum has fallen, and Gen. Gordon is a prisoner. Earl Granville is preparing a circular to the powers, expressing a desire to establish Egyptian affairs on an international basis. Mr. N. S. Pickett, who now has charge of the hotel at Manassas, where meals are furbished passengers on the trains of the Va. Midland Railway which stop there, is already building up a reputation by the admirable manner he conducts the house. The French, under Gen. Negrier, bombarded Honghoa on Wednesday for six hours, when the Chinese fired the town and fled. The conditions of peace offered to China embrace a French protectorate in Tonquin. England will oppose the seizure of Chusan. Mr. J. T. Wilkins, of this city, who some time since lost his left hand by an accident on the Virginia Midland Railway, has procurred an artificial hand and arm, made by G. R. Fuller, of Rochester, N. Y., which isa perfect piece of mechanism, and which renders him almost oblivious to the fact that he has lost a hand. A serious fight occurred between sheriffs on a Chesapeake and Obio railroad train Saturday in Kentucky. Sheriff Wm. Dawson, of Maysville, had a prisoner en route to that place who was also wanted in Rowan county, Sheriff Day, of Rowan county, with four deputies, boarded the train, overpowered Dawson, beating him sever ly took the prisoner, delivered him to the jailor at Moorehead, and got a reward of $50. Eight prisoners confined in the jail at Gainsville, Greene county, Ark., assaulted the jailor Saturday night and escaped, after they had secured arms from the jailor's house. A posse of fifty citizens started in pursuit, and a pitched battle occurred, in which over 100 shots were fired. A burglar named Breckman was killed, and three other prisoners were wounded and secured. The others escaped. The jailor received dangerous injuries.


Article from Alexandria Gazette, February 4, 1885

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DIVIDEND.-Commissiner Mushbach, who on Monday returned from New York, where he went on business connected { with the tioal payment on the purchase of the W., O. & W. R. R., is now busy making h is report showing the amounts and parties ent. 'tled to receive the money, which will be di strib- It is uted as soon as be completes his task. understood that the receiver for the deful Farmers and Mechanics' Savings Bank, M. Leonard Marbury, will be paid $5,307.16 on bonds held by the bank as collateral; $528 58 on bonds owned by the bank, and upwards of $4,000 on bonds which were held by officers of the bank but which were turned over by them to the receiver, making a total of about $10,000. A dividend of about 20 cent. will probably be declared to the depositors in that bank at an early day, due notice of which will be published. Dividends to the amount of 47 per cent. have been paid up to this date.