7132. Lawrence Savings Bank (Lawrence, MA)

Bank Information

Episode Type
Suspension โ†’ Reopening
Bank Type
savings bank
Start Date
April 4, 1878
Location
Lawrence, Massachusetts (42.707, -71.163)

Metadata

Model
gpt-5-mini
Short Digest
9472f825d17db59d

Response Measures

None

Description

Two syndicated brief notices (published 1878-04-04/05) report that the Lawrence (Mass.) Savings Bank have suspended. No mention of a prior run, causes, receivership, or reopening/closure. I classify as a suspension with likely eventual resumption (many savings-bank suspensions of the period were temporary), but reopening is not confirmed in these excerpts.

Events (1)

1. April 4, 1878 Suspension
Cause Details
No cause stated in the notice; article only reports the suspension in a brief roundup item.
Newspaper Excerpt
The Six-Penny Savings Bank, of New York, and the Lawrence (Mass.) Savings Bank have suspended., from contemporaneous syndicated domestic intelligence items.
Source
newspapers

Newspaper Articles (2)

Article from The Kenosha Telegraph, April 4, 1878

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Article Text

DOMESTIC INTELLIGENCE. 38 East. A fire in Canal and Howard streets, New York, last week, destroyed half a million dollars' worth of property. abashi VILAM Lockwood, Brooks & Co., book publishers, Boston, have suspended. Liabilities, $120,000. By a decision of Judge Blatchford, of New York, the suit instituted by the Government against Gov. Tilden for the recovery of back income tax will be tried before a jury. The Six-Penny Savings Bank, of New York, and the Lawrence (Mass.) Savings Bank have suspended. The Pennsylvania Legislature has expelled a member named Bullard for embezzling trust funds. Mr. and Mrs. Theodore Tilton have agreed to live together again, and let bygones be bygones. Thomas P. Fisher, another of the convicted Mollie Maguires, was hanged at Mauch Chunk, Pa., last week.


Article from The True Northerner, April 5, 1878

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Article Text

DOMESTIC INTELLIGENCE. East. A fire in Canal and Howard streets, New York, last week, destroyed half a million dollars' worth of property. Lockwood, Brooks & Co., book publishers, Boston, have suspended. Liabilities, $120,000. By a decision of Judge Blatchford, of New York, the suit instituted by the Government against Gov. Tilden for the recovery of back income tax will be tried before a jury. The Six-Penny Savings Bank, of New York, and the Lawrence (Mass.) Savings Bank have suspended. The Pennsylvania Legislature has expelled a member named Bullard for embezzling trust funds. Mr. and Mrs. Theodore Tilton have agreed to live together again, and let bygones be bygones. Thomas P. Fisher, another of the convicted Mollie Maguires, was hanged at Mauch Chunk, Pa., last week.