Grafton National Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 824
Charter Number: 824
Start Date: April 22, 1892
Location: Grafton, Massachusetts (42.207, -71.686)

Metadata

Model: gpt-5-mini
Short Digest: ced031c5548039d6

Response Measures

None

Description

Article (Vermont Phœnix, 1892-04-22) reports the Grafton National Bank 'has suspended' and mentions 'various rumors' about causes. No run or reopening/receivership information is provided. Because the article gives no indication the bank reopened, I classify this as suspension_closure but the final disposition is uncertain from the single item.

Events (3)

1. February 18, 1865 Chartered

Source: historical_nic

2. April 22, 1892 Suspension

Cause Details: Article gives no specific cause; only notes 'various rumors are afloat' regarding the suspension.
Newspaper Excerpt: The national bank at Grafton, Mass., has suspended, and various rumors are afloat as to the cause of the proceedings.
Source: newspapers

3. January 26, 1905 Voluntary Liquidation

Source: historical_nic

Newspaper Articles (1)

1. April 22, 1892 Vermont Phœnix Brattleboro, Bellows Falls, Ludlow, VT

Article from Vermont Phœnix, April 22, 1892

Click image to open full size in new tab

Article Text

Eight men were drowned in a flooded mine at Minersville, Pa., on Wednesday. The national bank at Grafton, Mass., has suspended, and various rumors are afloat as to the cause of the proceedings. Ex-Premier Mercier has been arrested, charged with a conspiracy to defraud the Province of Quebec out of $60,000. James Palmer, a trusted friend of Tiffany & Co., the New York jewelers, has been arrested, charged with stealing $50,000 worth of goods during the past five years. He has acknowledged his guilt. A terrible catastrophe took place at Hampstead Heath, Eng., Monday evening, by which two women and six children were killed and 13 other persons were seriously injured. Hampstead was visited by 100,000 excursionists, and as the day closed there was a great rush to catch the trains. Somebody fell at the foot of a staircase at the station, and hundreds of people were thrown into a heap. When the doors were closed and the people extricated it was found that six were dead and many injured.