Barton National Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 2290
Charter Number: 2290
Start Date: March 15, 1909
Location: Barton, Vermont (44.748, -72.176)

Metadata

Model: gpt-5-mini
Short Digest: 1153e65b

Response Measures

None

Description

Article (Orleans County Monitor, 1909-03-17) reports Barton National Bank closed up its business Monday and its operations moved to the newly formed Barton Savings Bank & Trust Co. This appears to be a permanent closure/reorganization rather than a depositor run; no run or agitation is described.

Events (3)

1. July 30, 1875 Chartered

Source: historical_nic

2. March 15, 1909 Suspension

Cause: Voluntary Liquidation
Cause Details: Bank closed and its business transferred into the newly organized Barton Savings Bank & Trust Co.; reorganization/charter change rather than failure after a run.
Newspaper Excerpt: The National Bank closed up its business Monday and Mr. Harriman who has been cashier for 15 years finished work for the institution
Source: newspapers

3. March 15, 1909 Voluntary Liquidation

Source: historical_nic

Newspaper Articles (1)

1. March 17, 1909 Orleans County Monitor Barton, VT

Article from Orleans County Monitor, March 17, 1909

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Article Text

Bank News. The Barton Savings Bank & Trust Co. is in fullswing and the Barton National and Barton Savings Bank are no more. The National Bank closed up its business Monday and Mr. Harriman who has been cashier for 15 years finished work for the institution much to the regret of his many friends here as was stated in the Monitor some weeks ago. The new institution is authorized by law to act as trustee, executor, administrator, guardian and receiver. With this authority no doubt they will do quite an amount of this kind of business. Mortgage loans are to be made only in this state and interest on savings deposits is guaranteed at 4 per cent paid semi-annually. These are some of the features of the new bank that should commeud itself to the public.