Danville Bank - Danville, VA

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: December 7, 1865
Location: Danville, Virginia (36.586, -79.395)

Metadata

Model: gpt-5-mini
Short Digest: 29afac94

Response Measures

None

Description

Article (from Dec 9, 1915) republishes items from Dec 9, 1865. It states a called meeting of the stockholders of the Danville Bank decided day before yesterday to wind up the affairs of the bank as speedily as possible, indicating voluntary winding up/closure rather than a depositor run. Date of decision inferred as 1865-12-07 from the 1865 file date and phrase day before yesterday.

Events (1)

1. December 7, 1865 Suspension

Cause: Voluntary Liquidation
Cause Details: Stockholders voted to wind up the affairs of the bank (voluntary winding up/liquidation).
Newspaper Excerpt: A called meeting of the stockholders of the Danville Bank decided day before yesterday to wind up the affairs of the bank as speedily as possible.
Source: newspapers

Newspaper Articles (1)

1. December 9, 1915 Richmond Times-Dispatch Richmond, VA

Article from Richmond Times-Dispatch, December 9, 1915

Click image to open full size in new tab

Article Text

News of Fifty Years Ago (From Files of This Paper, Dec. 9, 1865.) The Richmond Dispatch, which met a temporary suspension of its existence in the expiring flames of the recent Southern Confederacy, is this morning restored to life. It is again endowed with Promethean fire. and speaks to its readers as though it never lost Its breath or its voice. It comes back to life after a lapse of over eight months. General William Mahone has been elected president of the Southside Railroad Company. His office will be In Petersburg or Lynchburg. A called meeting of the stockholders of the Danville Bank decided day before yesterday to wind up the affairs of the bank as speedily as possible. The people of Fredericksburg are seriously and earnestly considering the matter of building the long proposed and partly constructed railroad from their city to Gordonsville. The Staunton River bridge of the Richmond and Danville Railroad. which was washed away in the summer freshets, has been rebuilt, the finishing touches having been put on this week, and it is a much better structure than the United States military destroyed at the same place, or of the one they rebuilt last May. Major Gayle, the Alabama citizen, who offered $1,000,000 reward for the assassination of Abraham Lincoln and was arrested for so doing and is to be tried accordingly, has given bond at Montgomery for his appearance in court when called for. The Confederate cruiser Shenandoah, which was surrendered by her officers to the British government and by Englishmen turned over to the United States consul at Liverpool, has started from the Mersey for New York. Hon. John Poole, an original Union man of Bertie County, N. C., has been elected by the Legislature of that State to the United States senatorship for the short term. The New York Tribune yesterday said: "East Tennessee Unionists have been permitted by a weak and worthless Union general commanding and a revernd blackguard-styled Governor, to butcher not less than 100 rebels and negroes in and around Knoxville since July last." Editor Greeley adds: "Tennessee has many staunch Unionists, but nevertheless, It is a pandemonium of passion and crime, and no more fit for self-government than Dahomey." The Petersburg Index reports that plans for the early completion of the Clover Hill Railroad to James River have been completed, and this, it is expected, will enable the people of both Petersburg and Richmond to obtain coal for fuel much cheaper than they are now getting it.