21884. Bank of Scottsville (Scottsville, VA)

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: August 14, 1869
Location: Scottsville, Virginia (37.799, -78.496)

Metadata

Model: gpt-5-mini
Short Digest: 51413a55

Response Measures

None

Description

Newspaper reports (Aug 14, 1869) state the Bank of Scottsville 'had gone into bankruptcy' and receivers were appointed in associated bank cases. No article describes a depositor run or temporary suspension prior to closure; the action appears driven by creditor suits and insolvency (bank-specific adverse information). Dates are taken from the publication reporting receivership (1869-08-14).

Events (2)

1. August 14, 1869 Receivership

Newspaper Excerpt: Receivers were appointed in all the cases except those of the Central and Scotsville, which banks had goue into bankruptcy.
Source: newspapers

2. August 14, 1869 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Creditor suits (motions for injunctions and appointment of receivers brought by Harvey Terry) alleging unpaid wartime notes and insolvency; bank declared in bankruptcy by press report leading to receivership.
Newspaper Excerpt: Receivers were appointed in all the cases except those of the Central and Scotsville, which banks had goue into bankruptcy.
Source: newspapers

Newspaper Articles (11)

1. May 6, 1869 Alexandria Gazette Alexandria, VA

Article from Alexandria Gazette, May 6, 1869

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of in session before Court was coming Correspondence Letter Prince the Alexandria here Gazette. yesterday, and its May term keepers such as granting that The tribunal County the at business licenses usually ordinary was transacted. liquor merchants the new'y appointed to examine and sheriff, H. W. qualified. Cunninghan were appointed and bridges report the and Commissioners upon the best Occoquan, site to erect a necessity in on Broad has Run long been felt. $150 to Run, aid of a and for which Court also appropriated across Kettle Stathe the The building ford between of bridge Brentsville the amount private necessary Bristoe subscrip- havo-thirds by Thornton were tion, already W. W. contract. to tion. ing been J. F. commissioners Clark provided and 10 and let out guardians the appointed administrators Court. feature which wards Several were also saved appointed the most by important the No. 1, in But I've From District appointed a mag for the has been colored men From by Harvey Hyde last. six lately year. returned there were the ensuing five colored istrate for district, District by the justice have been Mr. Hyde as chosen No. jurors 3 there No. 4 have there from been that district three men, from district In this last in the white and colored selected. who sent the names by of Fairbanks, it seems the justice did not latter send were in inserted names, these blacks, but the this with some other person. political affiliation With it in I am not in door coadjutors. utterly at war, Court or character <hall not criticise, of political action its [ I am the performance except and its judicial and in so its far as it duties has with warped political passion which Commonwealth, prejudice. The laws of this swore, in my that hearing, are qualified to ad- "All these magistrates the juries, white basis. minister, upon establish an exclusively citizens, who are shall twenty be liable one white male and not over sixty, hereinal inafter provifree to act, and when years of age jurors except the as statute, sound to is the that blacks and these ded, serve magistrates as language say from of legal exception, "are the of laws of judgment, and free competent. under jurors in the the and return Commonwealth them as to sit either as act under it the under Courts this of this State teaching they of higher statute law. of Vir require ginia don' ments, or they official inspiration they pretend they are to either act know ignorant the sanctity of its of their this did deed. Prince oaths. William county in the county never the have first brought to the get from afar, affairs here, their The Radical produce such party a state of this and article outside states, and ex- six on foot returned, as jurors is of Shermen followed a lieutenant colored traction. man who He names his as son during was the he war bought in in army, and After the war The company. in this it not that colored man's piece of wilderness a farce county. imperilled. Mr. whole the de- A. would thus justices, F. Dunn and Mr. able to find to enable credit for being their districts men alone thing interests of us all are Fairbanks, in two white men in in the names took an the law, and them sufficient serve to send number which they emphatically of white people, requires. They deser ve days of of their as oath when to administer, in these the thanks the of political discharge our corruption, did men, stand firm in saying of them as to official are seen duties, to I Cato- feel like It must be from a pleasure Heaven amidst Demetrius Jupiter himself of to the look ruins down of his country and preserving see Cato his of integrity. the blacks from the are first Henry magnames as jurors Bates, Daniel Cole, Williams; from the E. Cole, isterial The district and John selected Albert Pierce, Cole, sr., Jesse Hampton third Wm. disRobert Howson Harris,and Robtrict they Wm are, Chinn, Alexander district, James L. disMr. Lomax Pierce, from Gaskins, the fourth and Joseph Fairbanks Thomas. inson, B. three last are added from to the list months ago, by a man came to trict, The but they the were county some few for the and who forgot his trunk. rectus in curia,' acquainted with herself. Court am has no ceased !onger "God to be save "intimately the Commonwealth. TYRONE. BRENSTVILLE, May 4, 1869. on were IMPORTANT LITIGATION. the Circuit Court suits of the in yesterday U. S. processes issued in from six most important equity, as follows citizen of Pennsylvania of Hovey Terry Directors a and Company vs. the Presi- the the President, Bank of Virginia. Company Same of Monticello and Central dent, Directors and the President, Bank. Directors Same vs. Bank Same of Howardsville vs. and Company of Direc- Bank Company Directors President, the President, Same vs. the Bank of Scottsville. the of tors Phillippi- and Company President of Directors and Company 25th of Same Bank of Pittsylvania. returnable on made the The process is made a motion will be of for of this month, and the aggregate each of the plaintiff of notes held by the the stockholdersto the receiver a regular in injunction when subject cases. appointment The $72,000. failure of other amount It will value be of sought their individual to stock, in the of the assets. various charges in each and jurisAmong the that the protection bills, it of is the U. S. court is of any legal alleged non-existence invoked specially, State been origina. because diction of the Confederate depositors have notesa courts: paid off, that while the holders and all of of the the said late banks war unpaid and that advanced each gold of during the said war; extent that loaned to aid in the purposes are responsible to this issued the all stockholders notes, registered transactions. or unregistered, counsel previous for to and such all of these points & Son, the express On each J. H. Gilmer will be for confident opinion to the full nethe the and plaintiff, payment ent forced that though a recovery it may r value be of the had, of the outstanding to notes, the private property we under cessary individual to resort stockholders, not for though, other debts as or liabili ties stand than Mr. the Gilmer, original noses. forward with no little The public will decisions look in these !iabilities cases, as the anxiety involved to the are novel and the heavy. issues Rich. Enquirer. A LADY LAWYER. At a recent meeting of

2. July 28, 1869 The Evening Argus Rock Island, IL

Article from The Evening Argus, July 28, 1869

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Grain Enterprise d CANADIAN AFFAIRS. D Iowa Land Swindles. CIGAR DEALERS IN TROUBLE. STABBING AFFRAY. ST. LOUIS, July 28 - The reported burning of the steamer Peter Balen on the up per Mississippi is not credited by steamboat men. Chas. A. Merry, the gentleman who built the on and of first who bulk inaugurated grain boat through the shipments Mississippi, via. to a to in St. with grain propeller Louis to New New convey York, Orleans, grain combining proposes bulk river from build through sea-going qualities, if St. Louis will donate $25,000 in case the vessel proves success, if not he will not ask yes NEW YORK, honor July of the 28.-In laying his of anything. speech the terday, in French cable, Sir James Anderson said he had been told that certain opposition had been made to the landing of the cable. It might be due to the same kind of enterprise, perhaps, to Mr. Field and his colleagues; but he did not was sure American that not to care they for would people that: would he allow not any quite be company unjust, and the spend millions of money to unite two great CO ntinents together without giving them fair show atleast. He believed that it would be weak and foolish on the part of the com pany to ask for undue sympathy or partiality if they could not work as well with val companies, they had no right to the publie support, and they could not get Whatever the public sympathy might be, the cable was therefore laid as a purely commercial enterprise. Every right thinking person trusted that it would promote peace God forbid that it wight be used as a weap on of war. PHILADELPHIA, PA., July 28.-Yesterday the grand lodge of the Knights of Pythias, of Pennsylvania, commenced a semi-annual session. The proceedings are secret. The order numbers 32,000 in Pennsylvania. I NEW YORK, July 28.-A Richmond dispatch to the Herald states that the motions against the banks of Howardsville, Scotts ville, Monticello, Phillippi, Pittaylvania, and the of for an and the a set for Central, argument appointment Virginia, in chambers of receiver,hav before injunction Judge been Underwood, in Alexandria, on next Friday and Saturday, the 30th and 31st of the month. The suits are brought by Harvey Terry against these banks, and there 18 over $90,000 involved It 18 rumored in Washington that Gen. Canby is to be sent to Mississippi to superintend the election, and that Gen. McDowell is to succeed him in Virginia. CHICAGO, July 28 -Nine retail tobacco dealers were before Commissioner Hope, yesterday, for selling cigars from unstamped boxes, and held to bail for further examination. Deaths in Chicago last week 218, of which 64 were from cholera infantum Edward Hays, a carpenter, strolled into an auction establishment on South Clark street, yesterday afternoon and after awhile began denouncing in 88 a Peter Funk es. tablishment, a swindle, &c. For this the auctioneer and an into who drew a stabbed Hays, large employee The knife wounds and pitched both in several places. are se. vere but not serious. Hays was arrested. Several additional instances of swindles in Iowa lands have lately come to light, and there is considerable excitement about the matter. Thousands of acres of these lands have been sold within a few months past, and it is not known how many of the sales are bogus. The Rockford Forest City base ball club yesterday plaved the Mansfield. Ohio, base ball club, beating them 83 to 14. A New York special says Commodore Vanderbilt was yesterday reported seriously ill, causing considerable excitement on Wall street. 8 Several rich specimens of silver ore from White Pine were brought to this city yes. terday. MONTREAL July 27 -Yesterday and to day a conference has been in progress here to settle the basis of arbitration between the Dominion government and the Prov. inces of Ontario and Quebec. Sir John A. other members are McDonald, of the Sir Cabiset said Geo. Cartier present. and The proceedings are to have been satisfac tory and some minor points remain to be adjusted. A large number of emigrants arrived here the steamer government by emigration Capere, from Sandon, on tieketa passed through here to-day. A grand LaCrosse Tournament is to be held here in September, in honor of the visit of Prince Arthur; all Canada invited to compete.

3. July 28, 1869 Evening Star Washington, DC

Article from Evening Star, July 28, 1869

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THE COURTS. CRIMINAL COURT. Judge Fisher.-Vesterday, William Shaw was found guilty of the larceny of $30 from Conrad Yest, and sentenced to jail for ten days. The same party was found guilty of an argravated assault and battery, and sentenced to jail for two months. WilItam Clark. alias Isaac Walker. found guilty of an assault and resisting an officer, and sentenced to one month in jail. William Henry, convicted of larceny, was sentenced to twenty days in jail. Robert Lee, charged with assault and battery. with intent to kill, was placed on trial. In the case of Albert Carter, indicted for larceny, a nolle presequi was entered. This morning. Robert Lee, whose trial for assault and battery with intent to kill, was commenced yesterday, was found guilty. In the cases of Archibaid Gilfillon. indicted for an assault and battery with intent to kill, Carrie Leach and Ada Freeman, indicted for the larceny of a silk sacque, a nolle pross was entered The jury were discharged until September 15th. AFFAIRS IN ALEXANDRIA.-From the Alex andria Gazette, of last evening the following paragraphs are gleaned: Bank Cases.-The metions against the banks of How ardsville, Scottsville. Monticello, Paillip. pi, Pittsylvania, and the Central Bank of Virginia for injunctions, and the appointment of receivers, have been set for argumentin Chambers, before Judge Underwood, in this city, on next Friday and Saturday. the 30th and 31st instant The suits are brought by Harvey Terry vs. these banks, and there are, we understand, over $70,000 involved. Deaths.-It IS with regret we announce the death. at the resideuce of this son, in Fanquer county, within a few days past, of Dr. Richard C. Maeon, an old, influential, and highly esteemed citizen of Fairtax county. Mr. Wm. S. Payne, brother of Bishop Pavpe. and brother-in-law of G. H. Robinson, of this city, died on Friday last, at Staunton. Attemptife Break Jail.-An attempt was made yesterday by Wesley Tisdale. who was com. mitted to jail last week for stealing a horse from Mr. Lynn. of Prince William county, to escape from that prison, by climbing over that part of the outside wall over which so many criminals have heretofore climbed, and made good their escape, but he was discovered in the act bv the sheriff's wife. who gave the alarm, and be was at once secured. Leesburg and Aldie Turnpike.-The corps of engineers employed by the A., L. and H. R R. now locating the line of he proposed Leesburg and Aldie turnpike. have almost completed that work-but three miles of the distance remaining unsurveyed. Personat-General Robert E. Lee and his daughter, and General Fitzhugh Lee and two of bis younger brothers, left here this morning on the Aquia Creek steamer Keyport for R ch. land, the residence of the late Commodore Sid. Bey Smith Lee.

4. July 30, 1869 Bristol News Bristol, VA

Article from Bristol News, July 30, 1869

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VIRGINIA NEWS. Gen. Canby adheres to bis opinion regarding the test-oath, notwithstanding the pressure brought to bear upon him from the various sections of the Union. The whole matter must be decided at Washington. Four army officers have been engaged in counting the ballots and verifying them by comparison with the registration lists, for several days past. Major John Johns is is now settling up the affairs of the Bank of Fincastle. Capt. Musser, who was so severely wounded by a negro at Red Run, is slowly recovering. Randolph Macon College having been removed to Ashland, the next session will commence on the last Thursday in September. During the exhibition of Ames' Circus in Richmond, the other day, a large female lion gave birth to two cuba, " She is doing as well as could be expected." W. L. Bishop was shot and severely wounded while setting a spring. gun for chicken thieves a few days since. I There is a very heavy travel over the Orange & Alexandria and Va. & Tenn. 8 Railroads. The water in the James river is very low. William and Mary College has con1 ferred the degree of Doctor of Laws t upon Basil L. Gildersleve, Professor of n Greek and Hebrew in the University of Virgina. is The Shenandoah Herald is informed r that there was a considerable snow it squall on Stoney Mare, Blue Ridge is Mountains, on the 9th inst. g The Bank of Scottsville has been thrown into bankruptcy by its creditors, who are notified to meet on the 30th. n Wytheville Female college opens the a first Tuesday in September, 0 . The Pearisburg Gazette has been sold . to Allen L. Frye of that place. . Judge Brockenborough has recovered of from sunstroke. N. Hon. J. D. Bright is to visit the to White Sulphur springs in August. An educational journal is to be estabn lished in Virginia. Gen. R. E. Lee ta. D king fifty shares in it. Sixty-seven civil warrants were tried es in Lynebburg last Saturday. e. Rev. W. H. Williams, of South Card olina, has excepted a call to the pastoral 76 charge of the Baptist church at Staunton.

5. August 2, 1869 The Daily Dispatch Richmond, VA

Article from The Daily Dispatch, August 2, 1869

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The motions against the banks of Howardsville, Scottsville, Monticello, Phillipi, Pittsylvania, and the Central Bank of Virginia, for injunctions and the appointment of receivers, set for argument in chambers before Judge Underwood in this city to-day, were postponed until to-morrow, in consequence of the absence of the counsel for the defence.-Alexandria Gazette, July 30th.

6. August 2, 1869 Evening Star Washington, DC

Article from Evening Star, August 2, 1869

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Alexandria Items. The following are from the Gazette of last evening: AGAIN POSTPONED - The motions against the banks of Ho wardeville. Scotsville, Monticello, Phillippi, Pittsvivania, and the Central Bank of Virginia, for injunction and the appoint. ment of receivers, set for argument in cham. bers before Judge Underwood, in this city, today, were again postponed until the 12th of August. in consequence of the absence of some of the counsel. John H. Gilmer, Esq., of Richmond, and District Attorney S. F. Beach, of those employed. being the only onea present. CATTLE DISBASE-Many cows have died in this neighborhood within the past week; but from what cause his not yet been determined. But, whatever may be the character of the disease, its termination is sudden, and its result in variably fatal. STAY LAW.-The stay of executions against personal property expired, by order of General Canby, to-day, unless those against whom they were issued have paid one year's interest on the amount of the original debt since the 1st of January, 1869.

7. August 3, 1869 The Daily Dispatch Richmond, VA

Article from The Daily Dispatch, August 3, 1869

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POSTPONED.-The motions against the banks of Howardsville, Scotsville, Monticello, Phillipi, Pittsylvania, and the Central Bank of Virginia, for injunction and the appointment of receivers, set for argument in chambers before Judge Underwood, in Alexandria, have been postponed until the 12th instant.

8. August 6, 1869 Staunton Vindicator Staunton, VA

Article from Staunton Vindicator, August 6, 1869

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9. August 11, 1869 Alexandria Gazette Alexandria, VA

Article from Alexandria Gazette, August 11, 1869

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BANK CASES.- - The motions against the banks of Howardsville, Scotsville, Monticello, Phillipi, Pittsylvania, and the Central Bank of Virginia, for injunction and the appointment of receivers have been set for argument in chambers before Judge Underwood, in this city for to morrow, and having been postponed twice will be tried irrespective of the absence of counsel.

10. August 12, 1869 Evening Star Washington, DC

Article from Evening Star, August 12, 1869

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Alexandria and Vicinity. The Alexandria Gizette of last evening has the following items: MARKET-HOUSE BUILDING -That portion of the market-bouse on Cameron street IS to be repaired. The building 18 to be made as high as that on Royal street, and neat iron pillars are to support the portico, instead of the square brick blocks now answering that purpose. The second story of the building will contain seven offices, which are to be rented. Mr. B. F. Price has been awarded the contract, and the work will be commenced at once. BANK Cases.-The motions against the banks of Howardsville. Scotsville, Monticallo, Philippi, Pittsylvania, and the Central Bank of Virginia, for injanction and the appointment of receivers, have been set for argument in chambers before Judge Underwood, in this city, for to-morrow, and, having been post. poned twice, will be tried irrespective 01 the absence of counsel. HOMICIDE.-A man named Hayes, a str inger, during a fight at Guilford Station. on the Atexandria. Loudoun and Hampshire Railroad. yesterday, was struck on the head with a stick, by a man named Hutchinson. a resident of that locality, and so severely injured that he died a short time afterwards., PROPERTY SALE.-The lot on the north west corner of Dake and Fayette streets, with the frame tenements thereon, subject to a small ground rent, the property of John Gorham, was sold at a constable sale yesterday, to Reu. ben Johnston, for $225. BABY'S LEG BROKE.-A baby four months old, the infant of Mr. Wade, who resides on Cameron street was left for a short time yesterday under the care of some small children, and during the absence of the elder persons of the family, had its left thigh bone fractured. COLORED BAPTIST ASSOCIATION-A Col. ored Baptist Ass ciation will be held at Guil. ford Station. on the Alexandria, Loudoun and Hampshire Railroad. commencing on Tours. day, the 2d of September, and a special train of cars will be run to that place on the Sunday following. WOOD has become almost a drug in the mar. ket, the supply coming in exceeding the demand, and prices have consequently declined, pine selling at $3a$3.50, and oak at $4$$1.50 by the vessel or car load.

11. August 14, 1869 The National Republican Washington, DC

Article from The National Republican, August 14, 1869

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Alexandria Affairs. The Garette of Thursday evening has the following Items: IN ACCORDANCE with the provisions of the tax bill passed at the last meeting of the City Council, a discount of 30 per cent. will be allowed on all tax bills paid in current funds on or before the 1st proximo. There has been an entire cessation in the collection of taxes since the 15th of July, at which time the discount allowed by a resolution of Council expired, but several who were delinquents have already availed themselves of the privilege granted by the new bill. THE COUNTRY in the neighborhood of Occoquan has been particularly unfortunate this season, and serious fears are entertained that the poorer class of persons living there will suffer for food during the next winter. Just previous to the wheat harvest a hall storm almost entirely destroyed that crop, and the prevailing drought has ruined the corn, and unless the parched ground is soon refreshed with copious showers the potatoes and all other vegetables will be rendered worthless too. IT IS SAID by those familiar with the cultivation of watermelon patches that had the season been favorable, that Is had more rain fallen, the like of watermelous this year would never have been known-as It is, the quantity is very large. The price by the cargo is $10 per hundred for the best, while the common run sell at about $3. THE Orange, Alexandria and Manassas railroad is now doing a very heavy freight business. Four long trains arrived last night loaded with grain. There were fiftyfour cars unloading on Union street at one time this morning. Nearly all this freight that now arrives in this city stops here. THE MOTIONS against the banks of Howardsville, Scotsville, Monticello, Phillipi, Pittsylvania and the Central Bank of Virginia, for injunction and the appointment of receivers, were argued to-day before Judge Underwood at chambers. Receivers were appointed in all the cases except those of the Central and Scotsville, which banks had goue into bankruptcy. Bradley T. Johnson, J. H. Gilmer, S. F. Beach and James Necson were the counsel representing the various parties interested.