7218. Scituate Savings Bank (Scituate, MA)

Bank Information

Episode Type
Suspension β†’ Closure
Bank Type
savings bank
Start Date
June 3, 1879
Location
Scituate, Massachusetts (42.196, -70.726)

Metadata

Model
gpt-5-mini
Short Digest
c21187a2b555dda8

Response Measures

None

Description

Article (June 1879) reports the Scituate (Mass.) Savings Bank was enjoined by the Supreme Court from further business because it held a large amount of real estate by foreclosure and was embarrassed. No mention of a depositor run; the injunction by the court constitutes a suspension that appears permanent (closure). OCR errors in the papers corrected (enjoined by the Supreme Court from further business...).

Events (1)

1. June 3, 1879 Suspension
Cause
Government Action
Cause Details
Enjoined by the (state) Supreme Court from further business due to holding large amounts of foreclosed real estate and being embarrassed.
Newspaper Excerpt
The Scituate (Mass.) Savings Bank has enjoined by the Supreme Court from further business, because it holds a large amount of real estate by foreclosure and is embarrassed.
Source
newspapers

Newspaper Articles (2)

Article from The Newtown Bee, June 3, 1879

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Article Text

NEWS SUMMARY Eastern and Middle States. in Masseel There are now 212 fire insurance Insetts, nine having One been and doing diffilited business during the past year -eight fires thousand seven hundred $3,683,265, of which $2,525, caused were paid loss of Three hundred and ninet v-seven P it If of 182 the fires were incendiary y Petts, At Niagara jumped Falls, from N the center of the Sus- distance bension Canadian bridge into Niagara riv was made in four of 192 feet. The descent by boat unhurt. seconds, and A large Peers crowd was picked witnessed up the daring had teat. ago Henry Kiddle who of public Some weeks vellis superintendent work been many city published schools New York caused great comment on Spiritualism, which introduced at the next and resolution was Education, requesting meeting of the Board of to obtain majority him to resitty but failed however has seen tit of votes. Mr. Kiddle, accord, and the Board resign of his accepted his resignat ion, passing Education has complimentary to his efficiency while in office run Billett and her small child were near over Mrs Mary and killed by freight train Harrisburg, Pa. Shrinkage in securities and assets on loans, together has the crossed embarra with inability to collect Five Cent Interest Sa ings Bank of been from enjoined Lowell business Mass. and There has are 10.000 depositors doing with $1 500.000 to their credit of Judge Packer was read permanent at Allen town, The will Pa. It bequeaths Lehigh University for the of Bethle endowment of librar for the hem, Pa. $1,500,000 to for St Luke's Hospital $500,000; $300,000; St. Mark's Episcopa Bethlehem Chunk Pa., $30,000 Church, Mauch commenceme of the the tenth annual the New York At Medical College of of New York diplomas Infirmary Women's ten young women practice all medicine panies city, received New York vnted railroad operated com one The have two joined forces, and will be hereatt management adjourned under The New York Legislature financial has bill passed dur The most session important was the one reducing the legal six cent rate ing the of interest in the State from seven to the Brooklyn The fittieth anniversary celebrated of by a pa Sunday Union was scholars of one hunof the teachers and comprising rude dred and forty Sabbath chools The day was gen as erally observed about 50,000 indi viduals a holiday throughout the Staten city The trial of Edward murder Reinhardt of his on wife sulted Island in verdict for the of guilty by to be the hanged jury, and on Degna July the prisoner 11. Reinhardt was murder and his buried wife, Mary the remains conv veying Ann Reinhardt in barrel (nee at Silver Lake, the barrel, Staten Island He was the seen remain his wife, told the which were July 19 1878 was he changing and persons wheelbarrow who saw him that had he the at barrel. his place Others of residence told that the time about of the dis- bury appearance N J. who ing dog. of Reinhard his wife was present Paulina Dittmar, of Newark during the trial. the lin large A fire works in Brooklyn of Fowler destroyed Compton & Co. tailing seed oil loss of nearly $300 .000 and dis letters publishes New York paper 100 places, covering more patches from about every State than in the 1.000 Union points except and the Pacific According States to in these gard to the crop prospects is no while such there reports, reported indications most of most staple and corn wheat the The Middle in but The large, cotton the effect the the the the Southern States. atoes more planted than 11 be to measures taken them in beetle which usual, vigorou from the ravages of the threaten Colorado New Pennsy Ivania, numbers other In States. Kentucky Ohio and some entible but not large, intobacc there is a South,and it is being more largely In crease the by the farmers of Massa New Hamp shire industi has into sorghum come javor siderable tions and of the South and the Lloyd William anti-slav His dead last agitat he York city, which place to obtain relief from his spent had gone from New Massaci sickness ts. hoping Born at NewGarrison learned some Mass. in 1804, Mi sixteen began buryport, printer trade, and at edited and publishe antiwrite the for the papers He papers, was imprisdenouncing oned number and fined in Baltimore tain, for who took the of of slaves from Baltimore escaped to Louisiana, being cargo was mobbed and He began the publiand at Boston in 1835. in 1831 and disin it 1865, solved at and cation killed of the Boston Liberator which year he visited spoke Charleston South Carolina in the case of Mrs. Jersey Smith City, and The jury D. Bennett, on trial former's at husband, Smith Policeman Covert N.J. for the murder found of the the two guilty of murder in the first degree thirty bishops new Six archbishops McCloskey and dedicating New the sisted Catholic Cardinal Cathedral on Filth was avenue, present and York An immense large city throng in the United of Catholic States nearly every in the gathering in was represented services lasted from ten Car dinal clergymen. The three the ernoon. chief celemass. the morning McCloskey until himself was The the dedicatory was Bishop brant, and sang preached the by Bishop Ryan, Keane, of St. sermon Louis, and in the evening The Cathedral is of marble, Richmond, breached. when completed will have cost about $2,400,000 has Bank been Scituate (Mass. Savings Court from doing of amount enjoined The by the Supreme because it holds is large emfurther business real estate by foreclosure and York, destroyed 200 of barrassed A fire in State street, 300 New bales of cork and of bales hops, 500 bales of cotton, causing a total loss and $150,000 the fifth day's session of of the the Philadelphia African At Baltimore Conterence Church, held in the for Methodist city Episcopal report was adopted colored advising people great in mer deliberation that and section caution of country by where their habits leaving had been formed thirty six years, and While John King, twenty aged years, were cross small were Walter Swan, aged from Lewiston in the boat ing Niagara river drawn into an eddy, boat, upset, they and both drowned e Western and Southern States. State Convertise was M the Council Iowa Democratic Bluffs, ticket headed nomin by H t hold Trimble, in for Governor calling upon Con for stand firm s H Resolutions were adopted the freedom of the bal and gress to both the to their lot; declaring that stornly restricted respective the States should b spheres in the exercise of power


Article from Essex County Herald, June 6, 1879

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Article Text

NEWS SUMMARY. Eastern and Middle States. The trial of Edward Reinhardt, on Island, N. Y., for the murder of his wite, sulted in a verdiet of guilty by the jury, the prisoner WAS condemned to be hanged July 11. Reinhardt murdered his wife, Ann Reinhardt (nee Degnnn), and buried remains in a barrel at Silver Lake, Island. He Was seen conveying the barrel, which were the remains of his wife, on wheelbarrow on July 19, 1878, and he told persons who saw him that he was Changin his place of residence and had crockery in barrel. Others he told that he was about ing & dog. Reinhardt, at the time of the appearance of his wite, was married to Paulin SBM oqa "I N Nowark JO during the trial A fire in Brooklyn destroyed the large seed oil works of Fowler, Compton & Co., tailing a loss of nearly $300 000. A New York paper publishes letters and patches from about 100 places, covering than 1,000 points and representing every Stat in the Union except the Pacific States, in gard to the crop prospects. According these reports, while there is no such universa promise of overflowing harvests as were ported a year ago, yet there are satisfactor indications of an average product in most tions and of most crops, and in the case of staples an increase is expected. The and corn crop of the Western and Souther States will surpass that of last your, the later senson prove favorable. The tion of the fruit crop in New England and [ensuun Jo euo si States in many sections of the South and West trees have been injured by the cold winter late frosts. The crop of oats, rye and will not be above the average. The hay will be large, except in some limited The cotton erop will be larger than usual, withstanding the unfavorable weather, to the effect of the recent increase in ices extending the acreage in most of the Souther States. Farmers everywhere have plante more potatoes than usual, and vigorous ures will be taken to protect them from ravages of the Colorado beetle, which has ready appeared in threatening numbers Pennsylvania, New Jersey, Kentucky, and some other States. In tobacco there is perceptible, but not large, increase in South, and it is being more largely cultivate by the farmers of Massachusetts and Connec tient. In Massachusetts and New Hampshir the sugar-beet industry is receiving considera ble attention, and sorghum has come tavor in many sections of the South and William Lloyd Garrison, the anti-slaver agitator, is dead. His last moments spent in New York city, to which place had gone from Massachusetts, hoping to obtai some relief from his sickness. Born at buryport, Mass., in 1804, Mr. Garrison learne the printer's trade, and at sixteen began write for the papers. He edited and publishe a number of anti-slavery papers, was oned and fined in Baltimore for denouncin the act of a Newburyport captain, who took 04 Baltimore word Jo and was mobbed and narrowly escaped killed at Boston in 1835. He began the cation of the Boston Liberator in 1831 and solved it in 1865, in which year he visited Carolina and spoke at Charleston. The jury in the case of Mrs. Smith Covert D. Bennett, on trial at Jersey N. J., for the murder of the former husband Policeman Smith, tound the two guilty of der in the first degree. Six archbishops and thirty-seven bishops sisted Cardinal McCloskey in dedicating new Catholic Cathedral on Fifth avenue, York. An immense throng was present, nearly every large city in the United was represented in the gathering of Catholi clergymen. The services lasted from ten the morning until three in the afternoon. dinal McCloskey himself was the chief brant, and sang the mass. The dedicator sermon was preached by Bishop Ryan, of Louis, and in the evening Bishop Keane, Richmond, preached. The Cathedral is marble, and when completed will have '000'001'2$ quott The Scituate (Mass.) Savings Bank has enjoined by the Supreme Court from further business, because it holds a amount of embarrassed. real estate by foreclosure and A fire in State street, New York, destroye 4,500 bales of cotton, 300 bales of cork 200 $150,000. bales of hops, causing a total loss At the fifth day's session of the Philadelphi and Baltimore Conference of the Methodist Episcopal Church, held inthe mer city, a report was adopted advising deliberation and caution by colored people leaving that section of country where thei habits had been formed. While John King, aged thirty-six years, Walter Swan, aged twenty years, were ing Niagara river from Lewiston in a boat, they were drawn into an eddy, the upset, and both drowned. Henry Ackley, a twelve-year-old boy had been locked up in solitary confinement the Philadelphia House of Refuge for trying escape from the institution, committed cell his JO s.req the 01 bimesli Aq dow with his suspenders. A trunk elevator in a New York hotel five stories, dangerously injuring four girls who were stealing a ride against At a meeting in New York of Cardinal Closkey, archbishops and bishops, an addres was issued "to the clergy and laity of Catholic Church throughout the United States, describing a plan for the relief of Archbisho Purcell, of Cincinnati. The address says archbishop owes $2,920,881. 16 in excess of subscription uedo 04 pesodo.id st 4! pus lists throughout the different Catholic parishe for the indebtedness. purpose of collecting money to pay One day's railroad accidents: An train ran into a rock near Confluence, Pa., shock hurling the cars from the track causing the death of Engineer Pritchard and tramp; at Bailey's Station, Pa., two men killed by & passing train, and near Elmira, Pener SUM Derwark uaA Ρ€Π΅ΡˆΡ‚ΠΈ B "X one train as she was stepping out of the antiher. JO