Article Text
suspended payment. Charles L. Work, the president of the Gloucester National bank which recently suspended, was also its president.
7094. Gloucester National Bank (Gloucester, MA)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- national
- Bank ID
- 1162
- Charter Number
- 1162
- Start Date
- May 1, 1890*
- Location
- Gloucester, Massachusetts (42.616, -70.662)
Metadata
- Model
- gpt-5-mini
- Short Digest
49136ffb6b0a22ef
Response Measures
None
Description
Article (May 7, 1890) states the Gloucester National Bank recently suspended. No mention of a depositor run, reopening, receivership, or exact suspension cause. Given only the brief notice of suspension and no evidence of reopening, I classify this as a suspension that appears to be a closure (cannot confirm reopening).
Events (3)
1.
May 18, 1865
Chartered
- Source
- historical_nic
2.
May 1, 1890*
Suspension
- Cause Details
- Article provides no reason for the suspension; only notes that the bank 'recently suspended'.
- Newspaper Excerpt
- suspended payment. Charles L. Work, the president of the Gloucester National bank which recently suspended, was also its president.
- Source
- newspapers
3.
May 17, 1932
Voluntary Liquidation
- Source
- historical_nic
Newspaper Articles (1)
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