21480. Farmers and Mechanics' Savings Bank of Alexandria (Alexandria, VA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 1, 1892*
Location
Alexandria, Virginia (38.818, -77.082)

Metadata

Model
gpt-5-mini
Short Digest
4d28461f

Response Measures

None

Description

Newspaper items (Feb–Mar 1892) identify Leonard Marbury as receiver and describe a court decree (January term 1892) appointing a receiver and subsequent sale of bank assets. No article describes a depositor run; the bank was placed in receivership and assets were being sold, indicating suspension and permanent closure.

Events (3)

1. January 1, 1892* Receivership
Newspaper Excerpt
LEONARD MARBURY, Receiver of the Farmers and Mechanics' Savings Bank of Alexandria, Va.
Source
newspapers
2. January 1, 1892* Suspension
Cause
Government Action
Cause Details
Decree of the Corporation Court (January term 1892) resulting in appointment of a receiver and suspension of bank operations.
Newspaper Excerpt
VIRTUE OF A DECREE of the Corporation Court rendered at the January term. 1892 ... LEONARD MARBURY, Receiver of the Farmers and Mechanics' Savings Bank of Alexandria, Va.
Source
newspapers
3. March 12, 1892 Other
Newspaper Excerpt
sold to-day for Mr. Leonard Marbury, receiver of the Farmers and Mechanics' Saving's Bank of Alexandria, the three life insurance policies of Andrew Jamieson ... for $2,300 ... $600 ... $1,000; Also the assignment of Mrs Catharine A. F. Spaulding's interest ... for $405
Source
newspapers

Newspaper Articles (3)

Article from Alexandria Gazette, February 22, 1892

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Article Text

SATURDAY, MARCH 12TH, 1892, the following assets of said Bank: 2d. The THREE POLICIES OF INSURANCE on the life of Andrew Jamieson v z : Policy No. 630, fquitable Life Assurance Society for $2,500; policy NO. 7,661, Equitable Life Assorince Eociety for $5,000; policy No. 13,519, New York Life Insurance Company for $5,000. 3d. The ASSIGNMENT of Mrs. Catharine A. F. Spaulding, or 80 much of her interest in propcry in Washington, D.C., (the ceta e of S muel Devaughn) as will be sufficient to pay the,som of twelve hundred dollars, with interest from the death of Mrs. Bray field, the life terant. Terms of sale: Cash LEONARD MARBULY, Receiver of the Farmers a :d Mechanics' Savings feb10 w4w Bank of Alexandria, Va. Y VIRTUE OF A DECREE of the Corpor tion B Court rendered at the January term. 1892, in the chancery cause of Will am H. Taylor V2. Mary Tayler et als, the undersigned, who by the agid decree was appointed special commissioner for the purpose, will at 12 o'clock m. on SATURDAY, the 27th day of February. 1892, in fr nt of the Royal street entranoo to the Market Building, in the city of Alexandria, expose to sale at public suction a TENEMENT AND LOT OF GROUND on the east side of Henry street, betwoon Queen and Princess, bounded &S follows: Beginning on the east side of Henry street 115 feet north of Qneen street at the north line of a 15-feet alley thence north on Henry street 15 feet; thence ast parallel to Qaeen street 115 feet 11 inches to & 15-fect alley; thence south cn the distinsmed alley 15 feet to the fir.t ramod alley the nce west on this alley 115 feet 11 in he to the beginning, wish the USD of the said alley Terms of Sale: One-thirl of the purchase mon. ey in cash on the day of sale; the residue in two equal payments at six and twelve months from the day of sale; the deferred pay ments to bear interest from the day of sale un it paid. The band of the purchaser, with approved personal secu ity, will be required for 125 deferr d instelments of the purchase money and the title will be retsined until the purchase money is paid in full. Conveyancing at cost of purchaser. JAMES R. CATON, Special Commi sioner of Sale, I certify that James B. Ca+on, special commiesioner as above named, has executed bond, with approved security, in the penalty of $630, as ICquired by d:cree. feb12 to JOHN 8. BEACH, Clerk. UCTION SALE OF LAND. A TWENTY ACRES OF LAND improved by SIXROOM HOUSE and BARN, near Toll Gate, West End, Alexandria City, at Public Auction on the premises on THURSDAY THE 11TH DAY OF FEBRUARY, 1892, at 3 o'clock p. m. Terms one third cash, the balance in six, twelve, eightecn and twenty-four months after date of sale. This place would make a good dairy or garden farm or wou'd subdivide well into building lots or villa sites. To be sold without reserve to gettle an estate. A deposit of $100 will be required on day of sale; terms to be complied with in 30 days, perfect title given or deposit refunded. Conveyancing at co3t of the purchaser. For further information see or address JAMES E. CLEMENTS, 1321 F St., n. W. Washington, D.C. j2n19 to The above sale has been postponed, on account of the wea her, un THURSDAY, Feb. russy 25th, 1892, at same hour, on the premises. JAMES E. CLEMENTS. fab12 REAL ESTATE. C COMMISSIONERS' SALE OF IMPROVED Iy virtue of & decree of the Corporation Court of the city of Alexandria, V2., entered in the cbancery cause of Armstrong, adm'r., VB. Jane E. Baker et ale., we will cell at public auction in front of the Royal street entrance of the Market Building, in the city of Alexandria, Va., at 12 o'll CK noon SATURDAY, MARCH 5. 1892, the following property, in the said city of Alix andris; to wit: AL THAT LOT OF GR UND, improved by THREE IWO-HTORY FRAME BUILDING:, on the east side of Columbus street, commencing at & point 136 feet 7 inches north of Wilkes street and running thence sou'h on Columbus street 40 feet and running back the same width asis front 123 feet 5 inches. Terms of Sale: One-third of the purchase money in cash, and the residue in two equal payments at Eix and twelve months from the day of sale; the purchaser to give his note for the deferred payments, which are to bear interest at eix per from day of sale. Title to be retained un-


Article from Alexandria Gazette, February 25, 1892

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Article Text

Receiver of the Farmers and Mechanics' Savings feb10 w4w Bank of Alexsndria, Va.


Article from Alexandria Gazette, March 12, 1892

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Article Text

PROPERTY SALES-Mr. E Hugbee has gold to Capt. J. V. Davis & 25 feet front lot on the east side of St. Aseph aireet, south of Prince, fox $50 per front foot. Captain Davis expec to eresta residence on the lot. Mr. R. T. Lucas to-day sold for Mr. J. R. Caton, trustee, a tenement and lot 00 the east side of St. Asaph street, helween Orde noco and Pendicion. to M. E Quinn for $675 Also for M.s. J. E. Powell, the two story brick residence, No. 1116 King street, to Mr. J. Schneider for $1800, Mesers. O'Neal & Lant sold to-day for Mr. Leonard Marbury, receiver of the Farmers and Macharics' Saving's Bank of Alexandria, the three life insurance policies of Andrew Jamieson, 089 Polloy No. 7661, Equitable Life Insurance Co. to Mr. A. F. Jamleson for $2 300 ; policy No. 630 to Mr. A. F. Jamieson for $600; policy No. 13 519, New York Life Identence Co., for $1,000 Also the assignment of Mrs Catharine A. F. Spauiding's interest in property in Wash ington city to Mr. A. W. Armitiong for $405.