Bank of Brattleboro' - Brattleboro, VT

Bank Information

Episode Type: Suspension → Reopening
Bank Type: state
Start Date: May 13, 1837
Location: Brattleboro, Vermont (42.851, -72.558)

Metadata

Model: gpt-5-mini
Short Digest: dc518a86

Response Measures

None

Description

Directors voted to suspend specie payments on May 13, 1837 till they are again resumed by the Boston and New York City Banks. No run or receivership mentioned; suspension appears temporary pending correspondent banks, so classified as suspension_reopening.

Events (1)

1. May 13, 1837 Suspension

Cause: Correspondent
Cause Details: Direct decision to suspend specie payments until Boston and New York City banks resume; triggered by suspension/conditions at major correspondent banks.
Newspaper Excerpt: Voted, That the Bank of Brattleboro do suspend Specie Payments till they are again resumed by the Boston and New York City Banks.
Source: newspapers

Newspaper Articles (1)

1. May 19, 1837 Vermont Phœnix Brattleboro, Bellows Falls, Ludlow, VT

Article from Vermont Phœnix, May 19, 1837

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Article Text

At a meeting of the Directors of the Bank of Brattleboro, held subsequent to the meeting of the citizens-Voted, That the Bank of Brattleboro do suspend Specie Payments till they are again resumed by the Boston and New York City Banks. E. SEYMOUR, S. CLARK, J. R. BLAKE, H. SMITH, C. CHAPIN, May 13, 1837.