21688. State Bank (Orange, VA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
December 13, 1893
Location
Orange, Virginia (38.245, -78.111)

Metadata

Model
gpt-5-mini
Short Digest
da13bf53

Response Measures

None

Description

Articles (Dec 6–7, 1893) report the State Bank of Orange's board decided to go into voluntary liquidation on December 13, 1893. The bank is described as solvent; no run is mentioned. This is a voluntary suspension leading to closure.

Events (1)

1. December 13, 1893 Suspension
Cause
Voluntary Liquidation
Cause Details
Board voted to enter voluntary liquidation; bank described as perfectly solvent and no reasons assigned.
Newspaper Excerpt
The State Bank of Orange at a meeting of the board of directors has decided to go into voluntary liquidation on December 13.
Source
newspapers

Newspaper Articles (2)

Article from Alexandria Gazette, December 6, 1893

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Article Text

VIRGINIA NEWS. Delinquent subscribers to the stock of the Fredericksburg Development Company are to be sued. Bishop Van De Vyver preached in St. Mary's Catholic Church, Fredericksburg, Sunday and confirmed eight persons. Mr. Austin French died at his home, near Rocky Gap. Bland county, last Saturday night. He was a very old man. In Charlottesville yesterday Judge R. T. W. Duke, jr., granted a divorce to Mrs. Waldrop, from Rey. E. L. Waldrop. She was also given the custody of her two infants. Snow fell throughout this State yesterday to a depth of from 3 to 7 inches. In Petersburg there was fine sleighing. The telegraph wires were prostrated in the country around that city. The State Bank of Orange at a meeting of the board of directors has decided to go into voluntary liquidation on December 13. No reasons are assigned for such action and the bank is perfectly solvent. Archbishop John J. Kain, of St. Louis, who has been ill in Wheeling, suffered a dangerous relapse last evening, and has been removed to the Roman Catholic Hospital. His illness is a complication of grip, and is reported as serious. Representative Pendleton, of West Virginia, will act as best man for Senator Faulkner at the latter's marriage to Miss Whiting at Hampton, on January 3. Mr. Pendleton's marriage to Miss Genevieve Arnold, of Lewis county, will not take place until the new year is some weeks old.


Article from Richmond Dispatch, December 7, 1893

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Article Text

Virginia News Items. The Presbyterian church at Meherrin will be dedicated next Sunday. Miss Myra Gregory, of Walla Walla, Washington State, has recently been visiting friends at Green Bay. John Ragland was fined $5 and imprisoned ten days in Greenesville county jail yesterday for housebreaking. Mrs. William L. Carpenter died at Red Hill, Albemarle county, on Monday night. She was a former Miss Tracy. Seven vessels entered Norfolk from foreign ports last month, and forty-nine vessels cleared for foreign ports. The case of William W. Bull vs. Leper M. Robinson will be called at the next regular County-Court term at Williamsburg. Benjamin R. Grymes, of King George county, has been appointed acting lighthouse-keeper at Lower Cedar Point, on the Potomac. Treasurer A. B. Battle, of Greenesville county, resigned yesterday, and the court appointed Mr. B. W. Wyche, who will qualify to-day. Marriage licenses were issued on Tuesday by the Clerk of the Albemarle Court to James Garland and Emma Marshall, Lewis Hall and Matilda C. Thacker. A large quantity of land was sold yesterday belonging to the Meherrin Lumber Company. Mr. A. L. Shepherd, of Richmond city, purchased a large portion of it. The Northern Neck Telegraph and Telephone Company has béen granted the privilege of running their wires on the Fredericksburg free-bridge over the Rappahannock. Under a decree of the Circuit Court Mr. W. S. White, trustee, has been ordered to bring suit against all delinquent subscribers of the Fredericksburg Development Company. Miss Alice Maddox, nee Robb, has been granted by the Circuit Court of Fredericksburg a decree of divorce from Le Doux Maddox. The custody of their only child is given to the mother. Miss Ellen Lisle, of Philadelphia, has donated, through Mr. M.K. Daniel, to the Society for the Prevention of Cruelty to Animals of Fredericksburg $5 and a number of interesting books and pamphlets. Near Coeburn, Va., at 2 o'clock yesterday afternoon, N. J. Ashbrook, who was employed in the coal-mines, was fatally shot by Frank Irvine, as the result of a quarrel between the two. Irvine escaped. Mr. James A. Cawley and Miss Susie Cleek were married at Millboro' last night at 7 o'clock by Rev. J. M. Eavy. Miss Cleek is the youngest daughter of A. G. Cleek, Clerk of the Circuit and County Courts. The City Council of Portsmouth has instructed the City Attorney to draw up a bill for the General Assembly to pass annexing Park View, Brighton, and other prosperous suburbs. This territory will give Portsmouth two more wards. A block of $100,000 5 per cent. Norfolk city coupon bonds have been sold to Baltimore parties at a fraction above par. Portsmouth city will soon have on the market $100,000 in sewer bonds, and about the same amount in paving and public-building bonds at 5 per cent. The State Bank of Orange at a meeting of the Board of Directors decided to go into voluntary liquidation on December 13th. No reasons are assigned for such action, and the bank is perfectly solvent. Its suspension will be a great inconvenience to the people of Orange. Colonel Benjamin a Ewell was at Williamsburg yesterday to attend a meeting of the Alpha Chapter of the Phi Beta Kappa Society. On acount of the storm, Colonel William Lamb, of Norfolk, the secretary, telegraphed that it was Impossible for him to reach the city in time, The Staunton News states that Captain John Hogshead, of Augusta county, who died a few days ago, had long declared a firm belief that he would live as long as his father and no longer. His father died at the age of 87 years 10 months and 10 days. The son lived up to this limit, and lingered just two days more before dying. He had been on his death-bed two weeks. As to the taxing of incomes, the New York World gave the following expressions from Virginia representatives: D. Gardiner Tyler, Second District (Democrat)-I will follow the President in his views on the income-tax. It looks as if the deficiency would not amount to over $28,000,000 when the increase of imports under the reduced tariff is taken into consideration together with certain proposed changes in the internal-revenue tax. I would be in favor of graduating the income-tax, if necessary, but at present It looks as though a small tax would be sufficient and we would thus be spared the difficulties incident to a greater tax. Enna Hunton Virginia (Democrat)-I