Warren Savings Bank - Warrenton, NC

Episode Information

Episode UID: 2685394191005
Episode Type: Suspension → Closure
Bank Type: savings
Bank ID: 268539419 hash
Start Date: September 4, 1883
Location: Warrenton, North Carolina (36.398, -78.155)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: f8dacdd4b7f975d1

Response Measures

None

Description

Article describes suspension tied to insolvency; no later reopening mentioned in provided items.

Events (1)

1. September 4, 1883 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Article reports insolvency/failure of the savings bank leading to suspension.
Newspaper Excerpt: WARRENTON, N. C., Sept. 4.-The Warren Savings Bank, of this place, has suspended.
Source: newspapers

Newspaper Articles (1)

1. September 5, 1883 New-York Tribune New York, NY

Article from New-York Tribune, September 5, 1883

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Article Text

INSOLVENCY IN BUSINESS. FAILURE OF A SAVINGS BANK AND MANUFACTURERS. WARRENTON, N. C., Sept. 4.-The Warren Savings Bank, of this place, has suspended. The bank began business thirteen years ago with an authorized capital of $50,000 and a paid up capital of $15,000. It did mostly a collection business. RICHMOND, Ind., Sept. 4.-Curme, Dunn & Co., proprie- tors of the Richmond Tannery and Collar Works. have made an assignment to Judge Bickle and J. B. Dongan. Their liabilities are $35,000; assets, $30,000. The business was incorporated into a stock company in 1874 with an authorized capital of $100,000, of which $44,000 was paid in. James E. Thomas, the secretary, was also secretary and treasurer of the suspended Farmers' Bank, and the failure of the bank and the suspensions in the leather trade in the East embarrassed the firm.