Manchester National Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 9663
Charter Number: 9663
Start Date: January 13, 1931
Location: Richmond, Virginia (37.554, -77.460)

Metadata

Model: gpt-5-mini
Short Digest: 51c11541

Response Measures

None

Description

Article (Richmond News Leader, 1931-01-13) states the Manchester National Bank is 'in liquidation' and that stockholders will meet. No run or withdrawals are described in the text. This indicates the bank had previously suspended and is now closed/in liquidation (receiver/closing). Date of article used as reporting date; actual suspension likely occurred earlier but is not given.

Events (3)

1. February 14, 1910 Chartered

Source: historical_nic

2. May 10, 1918 Voluntary Liquidation

Source: historical_nic

3. January 13, 1931 Receivership

Newspaper Excerpt: The annual meeting of the stockholders of the Manchester National bank, in liquidation, will held at the South Richmond branch of the Bank of Commerce and Trusts.
Source: newspapers

Newspaper Articles (1)

1. January 13, 1931 The Richmond News Leader Richmond, VA

Article from The Richmond News Leader, January 13, 1931

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Article Text

STOCKHOLDERS TO HOLD MEETINGS Annual Sessions of Financial Institutions of City Are Called. Meetings of stockholders of number of financial houses will be held this week. with three scheduled for today others for tomorrow. Stockholders of the Union Bank and Federal Trust Company will meet at M. today for their ansession. The annual meeting of the stockholders of the Manchester National bank, in liquidation, will held at the South Richmond branch of the Bank of Commerce and Trusts. The stockholders of the Equitable Society, will their meeting this at the company's office, 125 North Eighth street. MEETINGS ARE CALLED. Among the meetings for tomorrow that the Security Life Insurance Company, stockholders will gather the Mu. building, starting 10 A. M. The Morris Plan Bank Virginia hold their annual meeting at tomorrow. UNIVERSAL PROSPECT GOOD. Universal Leaf Tobacco Company, the largest in the world solely in the treatresale of leaf does ing and good part its business with Chiwho nese cigarette should be the principal beneficiaries the new duties cigarettes which went into effect the Chinese duty designed to bar foreign and stimulate manufacture. apparently must result reduction in imports severely which most have intensively cultivated that field. encourage domestic manufacture To cigarettes, however, the Chinese government made little change the leaf according information far available The immediate effect should an increase in the of toimported China. This development should beneficial Universal. REPORT ON VIRGINIA. Bradstreet's yearly review issued Saturday says the following "Business in Virginia in 1930 was well below 1920. with the drought for Latest place the at less 43 per cent. was off 15 20 per the where substantial gains are indi"Wholesalers and jobbers report sales 25 per behind 1929 Building almost entirely to industrial The state continued spend large sums in road all from current Employment was well below 1929. but the labor was the cotton strike Danville. Virginia than some in bank suspensions, with only few of the closing "Much construction work by the national and state will under during 1931. After many years' the city of Richmond finally approval plans and widening James and during the few years million dollars will expended this development to make "Virginia's prospects of becoming mecca for tourists greatly enhanced by the battlefield and the ment the national liamsburg and Yorktown districts.