Exchange Bank - Norfolk, VA

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: April 18, 1892
Location: Norfolk, Virginia (36.847, -76.285)

Metadata

Model: gpt-5-mini
Short Digest: 33b320e7

Response Measures

None

Description

Article (Richmond Dispatch, Apr 19, 1892) reports a Supreme Court dismissal of an appeal involving the National Exchange Bank of Norfolk and mentions W. H. Peters as receiver. OCR is noisy; the bank's full name in text appears to be National Exchange Bank (hence classified as national). No run is described; a receiver is assigned so the bank remained closed/handled by receiver. The Supreme Court action is dated in text as April 18, 1892.

Events (1)

1. April 18, 1892 Receivership

Newspaper Excerpt: CASE DISMISSED. The Supreme Court to-day dismissed ... the National Exchange Bank, of ... W. H. Peters, receiver of the ... Bank, of Norfolk.
Source: newspapers

Newspaper Articles (1)

1. April 19, 1892 Richmond Dispatch Richmond, VA

Article from Richmond Dispatch, April 19, 1892

Click image to open full size in new tab

Article Text

WASHINGTON NEWS. 300,000 ACRES OF PUBLIC LANDS FOR THE BENEFIT OF THE V.M.I. Protests Against the Frye Bill-Discrimination Against Newport News-Bill Against the Subsidized Company. (From our Regular Correspondent.) WASHINGTON, April 18.-Mr. Daniel introduced in the Senate to-day a bill providing that 300,000 acres of the public lands of the United States be applied, as far as may be necessary, for the benefit of the Virginia Military Institute, to repair the building, and restoration of the buildings of that institution, and to the restoration of the library and scientific apparatus heretofore destoryed by fire, the application to manner as the of Virginia or the Board made may in such direct may empower Legislature of Visitors of the institute to direct, provided that the State of Virginia shall pay the expenses of agents and commissioners appointed by the government to select the lands, and they are to be reimbursed out of the sales of the lands. Other material provisions in the bill are as fol. lows: That the Governor of Virginia may appoint one or more agents or commissioners to act with an agent to be appointed by the Commissioner of the General Land Office, subject to the approval of the Secretary of the Interior, who to. gether shall select the lands granted in this act from any public lands within the United States not included in some subsisting grant made by the United States. That when the selection of said lands are 80 made, and are approved by the Secretary of the Interior, the title to the same shall be vested in the State of Virginia, to and for the use and benefit of said Virginia Military Institute, to be applied first to the uses and purposes declared in theffrst section of this act, and then to the endowment of said institution and to no other purpose whatever: and patents shall issue to said State for the lands 80 selected and approved. and the State of Virginia shall. by law, direct the sale of such lands and the money arising from such sales shall be paid into the treasury of Virginia, but no expenses that may be incurred in making such sales, after the selections of lands made under this act are confirmed by the Secretary of the Interior and are entered on the township maps of the proper land offices, shall be paid by the United States. THE PILOTAGE BILL. Senator Daniel presented a number of petitions to-day protesting agaiust the Frye bill abolishing the compulsory pilotage bill. They were from the Town Council of West Point, Va. and the boards of trade and chambers of commerce in the following cities: Lynchburg. Petersburg, Newport News, Portsmouth, Hampton, and Norfolk. Captain Oscar Edwards, of the Norfolk Pilots Association, and Colonel R. C. Marshall, of Portsmouth, the attorney for the association, have been here doing all they can to defeat the bill. They say that if they are beaten in the Senate they rely on the House to side-track the bill. A SUBSIDIZED COMPANY'S ACTION. Messrs. Vest and Cockrell to-day presented in the Senate protests from the Merchants' Exchange of St. Louis, the Wholesale Grocer's sociacion, and other commercial organizations in opposition to the action of the United States and Brazil Steamship Company against Newport News, Va. A BILL INTRODUCED. Senator Vest. acting en the advice given him by these bodies, to-day introduced a bill directing that whenever the Poetmaster-General is satisfied that any steamship compaor other common carrier receiving a ny subsidy under the provisions of has the act of Congress of March, 1891, unlawfully discriminated in its business against any port of the United States, and has declined to deliver coffee or other imports at any port, shall be the duty of the Postmaster-General to refuse hereafter to consider any proposition for such company or common carrier to transport the foreign mails of the United States under provisions of the act mentioned. OTHER RESOLUTIONS Mr. Daniel said that he had received a numof like resolutions from boards of trade in different her cities of the country, which he would present to-morrow or next day. This Injurious discrimination, he said, affected not only and the southern country, but the western country man. northwestern country in a very large the and he hoped the Committee on Commerce would ner. find some remedy for the outrageous vasion of the equal rights of the people affected by it. CASE DISMISSED. The Supreme Court to-day dismissed Baltimore. the case the National Exchange Bank, of Exchange of W. H. Peters, receiver of the against Bank, of Norfolk. It was appealed National United States Circuit Court of the from the District of Virginia. The Supreme holdEastern dismisses it for lack of jurisdiction, Court that under the new law it should have gone to ing the Appellate Court of Appeals. INTERESTING POINTS. Several would-be Third-party leaders claim to originators of the sub-Treasury scheme, at St. be the from the United States Consul 1888 but a report just printed, shows that since loans Petersburg, Government has been making the Russian to farmers on their grain stored leaders in the of money railway-stations. The Alliance convarious can find some very interesting points by sulting this report. have been established as follows: J. Post-offices -Golddale, Orange county, Lucy Almond, Virginia postmaster; Meetze, Fauquier county, Herbert North O'Briant, Carolina-Foster, A. Davis, postmaster; postmaster. Person Old Stores, county, James Moore county, N. Calvin McInnis, postmaster.