State Bank - Springfield, IL

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: February 10, 1843
Location: Springfield, Illinois (39.802, -89.644)

Metadata

Model: gpt-5-mini
Short Digest: 892dc5331a70e9df

Response Measures

None

Description

Article (Wheeling Times, 1843-02-10) reports the Illinois 'State Bank' is being put into liquidation by an act (state-level action). No mention of depositor runs; the bank is being liquidated (closure) by statute/government action. I corrected nothing significant in names or dates. The delivery of state bonds to the governor is contemporaneous bookkeeping related to liquidation.

Events (2)

1. February 10, 1843 Other

Newspaper Excerpt: Thomas Mather, Esq. as President of the State Bank, delivered to his Excellency, Gov Ford, two millions and fifty thousand dollars of our State Bonds
Source: newspapers

2. February 10, 1843 Suspension

Cause: Government Action
Cause Details: An act of the state legislature placed the State Bank into liquidation (state put bank into liquidation)
Newspaper Excerpt: the State Bank, delivered to his Excellency, Gov Ford, two millions and fifty thousand dollars of our State Bonds, and indebtedness under the provisions of the act putting the State Bank into liquidation
Source: newspapers

Newspaper Articles (1)

1. February 10, 1843 Wheeling Times and Advertiser Wheeling, WV

Article from Wheeling Times and Advertiser, February 10, 1843

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Article Text

following anecdote of this late eminent and gifted in dividual may be relied 0.1 as authentic The public has of endy been made acquainted with the fact that Mr Sergeant Spankie during the time he was keeping his terms, with a view to be called to the bar,, was employed as parliamentary reporter. Young Spankie (for such he was then) vas on his duty in the gallery of the House of Comnons at an early hour of the morning, after a proracted and important debate, when a division of the House took place, the regult of which was looked for with considerable anxiety throughout the conn try. The avenues to the House were crowde with strangers, and egress down the narrow stairease by which strangers reached the gallery in the old House of Commons was next to an impossibility.l'he hour of publication of journal to which he was attach ed was fast approaching, and Spankie.kno ing the importance to his proprietors that the conclusion of the debate and the division should be early before the public had recourse to a feat that surprised and astonished-thus who witnessed it.He climbed over the balustrade of the stairs which communicated from the old smoking Toom with the strangers' gallery. and suspending himself by the hands therefrom, dropped into the members' lobby below, a height of from Fixteen to eighteen feet, amidst a crowd of Senators. So suddenly was the affair accomplished, and 80 fleet of foot was the performer, that he escaped caption by any of the mym. idons of the sergeant at arms, and reached the office in safety and triumph. When Mr Sergeant Spankie sai in Parliament for Finsbury. the occurrence was frequently related by the late Mr Wright, an olu and well known messenger of the House, who was an eyewitness to the transaction. and who gen. erally pointed out the herot strangers whom enriosity nightly brought to SIS ephen's Chapel. ILLINOIS MONEY.-We extract the following from the Springfield correspondence of the Missouri Republican : "On yesterday Thomas Mather, Esq. as President of the State Bank, delivered to his Excellency. Gov Ford, two millions and fifty thousand dollars of our State Bonds, and indebtedness under the provisions of the act putting the State Bank into liquidation So soon t s the membeis return from their Jacksonville spree, which will be on Monday, the fact will be communicated to the two Houses, who will thereufon appoint a day upon which they will as. semble in the Hall of Representatives and destroy the same. This will create a new era in the finan cial history of the State of Illinois. It will be the comment of a reduction and liqnidation of her State debt. And if followed up by proper legislation. untrammelled by sectional jenlousies and party excite ment, will result in the further red action of a still. larger sum of our State debt. The Shawneetown Bank stands ready to liquidate a million of the debt upon terms advantageous to the State, and without asking on the part of the Legislature the slightest favor in return. If the bill of Dr Murphy. now before the House, succeeds, the above sum is irrecoverably lost to the State. If on the other hand it 18 defeated, and the chartered rights of this institution preserved, instead of being unconstitutionally violated by the aggrarians in the House, the State as well as the creditors of the Bank will be eventually protected No adjournment will in my opinion take place bofore the first of March, if then. Many have found their way into the Legislature without know. ing how, and believing that it will be he last time they will ever get a pull at the public crib, are anxious to stay as long as possible. and swell their pay to the largest amount." MYALISM.-The following is from the last Ja. maica papers "The negroes have set up what they term Myal. iam.' a series of religious, maniacal, and riotous dances. These are interspersed with songs. the most popular of which is "John Baptize in de Riber."Sixty four warrants were issued on the 26th of Sep tember for the apprehension of as many blacks. In the parish of St James the ramifications of this doctrine have extended from the Spring Estate to the Moor park, embracing a circuit of six'een planlations. The negroes attack all who attempt to restrain their antics. At Montego Bay "Obeaism" This is ne has been incorporated Myalism." gro witchcraft engrafted on religious fanaticista."