St Albans Bank - St Albans, VT

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: October 10, 1889
Location: St Albans, Vermont (44.811, -73.083)

Metadata

Model: gpt-5-mini
Short Digest: 4c821d59

Response Measures

None

Description

Article (St. Johnsbury Caledonian, 1889-10-10) reports H. W. Stevens appointed receiver of the St. Albans Bank to fill vacancy caused by death of C. W. Rich; indicates only one more dividend expected. No mention of a depositor run or reopening — indicates closure with receiver.

Events (1)

1. October 10, 1889 Receivership

Newspaper Excerpt: H. W. Stevens has been appointed receiver of the St. Albans bank, to fill the vacancy caused by the death of C. W. Rich. It is thought that only one more dividend of 10 per cent will be realized, making 62½ in all.
Source: newspapers

Newspaper Articles (1)

1. October 10, 1889 St. Johnsbury Caledonian Saint Johnsbury, VT

Article from St. Johnsbury Caledonian, October 10, 1889

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Article Text

C.I. Hood of Lowell, Mass., has given the Congregational church at Chelsea, which recently celebrated its centennial, $1000, in memory of his father and sister. H. W. Stevens has been appointed receiver of the St. Albans bank, to fill the vacancy caused by the death of C. W. Rich. It is thought that only one more dividend of 10 per cent will be realized, making 62½ in all. The reunion of the 4th Vermont regiment, Vermont volunteer infantry, will be held at Montpelier on Thursday, the 17th of October. Gov. Dillingham, Lieut.-Gov. Woodbury and Col. George W. Hooker are expected to be present and address the meeting. Senator Edmunds, Col. LeGrand B. Cannon with otherleading men in the state have given the university of Vermont a life-size medallion of Pasquccia, who was a celebrated model at Rome. It is the work of Miss Margaret Foley, the sculptor, who died at Rome and whose home was at Hinesburg.