Bank of Green Bay - Green Bay, WI

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: February 19, 1845
Location: Green Bay, Wisconsin (44.519, -88.020)

Metadata

Model: gpt-5-mini
Short Digest: 49d7f65b

Response Measures

None

Description

The newspaper item (New-York Daily Tribune, 1845-02-19) states that a final decision was made regarding the 'exploded Bank of Wisconsin' whose charter was forfeited and that Alexander I. Irwin of Green Bay was appointed permanent receiver. The article does not explicitly name 'Bank of Green Bay' as the failed institution; it appears the receiver is from Green Bay and the failed bank is 'Bank of Wisconsin'. I therefore mark the provided bank name as unsure. Event treated as a permanent closure/receivership (charter forfeited).

Events (1)

1. February 19, 1845 Receivership

Newspaper Excerpt: A final decision has been made in regard to the exploded Bank of Wisconsin. The charter of the bank is entirely forfeited, and Alexander I. Irwin, Esq. of Green Bay, has been appointed permanent receiver of the institution.
Source: newspapers

Newspaper Articles (1)

1. February 19, 1845 New-York Daily Tribune New York, NY

Article from New-York Daily Tribune, February 19, 1845

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Article Text

COMMERCIAL AND MONEY MATTERS. (For Commercial and Money Matters, see Last Page. TUESDAY, P. M. There was a continuance of the better feeling of yesterday, at the stock board, and some descriptious improved materially. Canton went up to 54, Penn. 5s to 71. There was no change in foreign bills. The demand is small and prices are steady. Sterling is 91a 101. Francs 5.25 a 5.23f. There is more Cottou offering to-day for Liverpool, and some engagements have been made at 5-16d for square bales.There is, we believe, no transient ship on the berth. The fact that the Ondiaka, which ship sailed from Liverpool several days before the United States, the longest out of the missing packets, has been spoken within a few days off the Capes, has given a strong hope to all those interested in the safety of these over-due ships. The fact that the Roscius brought no news of the United States or England is not looked upon by those interested in the matter as of much importance, as if these ships were crippled in the great gale, it would be unlikely that they could reach Liverpool in time for the Ros. cius to bring news of their arrival. The owners of these ships have still entire confidence in their safety. The brother of one of the owners was in a ship, some years since, which was 48 days on soundings bound to this port. We omitted yesterday to give credit to Thompson's Bank Note Reporter for the evidence in relation to the Lehigh Co. Bank. The enterprising proprietor of that valuable financial journal obtained it at great expense by pigeon express. A final decision has been made in regard to the exploded Bank of Wisconsin. The charter of the bank is entirely forfeited, and Alexander I. Irwin, Esq. of Green Bay, has been appointed permanent receiver of the institution. We haue received the reports of the Banks of New Jersey just made to the Legislature. The aggregates of the leading items of 26 banks are as follows: $5,212,405 Loans and Discounts 1,988,041 Circulation 1,421,053 Deposits 515,852 Specie In the aggregate the Banks of New-Jersey appear to be in a sound condition. The Fitchburg Railroad is now nearly completed, and will probably be opened in two or three weeks. The remarks made in our Money article of yesterday respecting the affairs of the Lehigh County Bank. Pa. were such as, without explanation. would necessarily inflict an unmerited wrong, being entirely ex-parte, The result of the pending investigation, we have ample assurance, will prove those statements to be garbled and incorrect, and show that the capital stock was paid in conformably to the charter, and that the entire proceedings, far from being be-fogged, have been conducted strictly in accordance with the Act of Legislature by which the Bank was established. The Domestics exported from Boston during the week ending Feb. 15th. 1815, were63 To West Indies 170 Laguyra