7607. Agricultural Bank (Brewer, ME)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
December 1, 1844*
Location
Brewer, Maine (44.797, -68.761)

Metadata

Model
gpt-5-mini
Short Digest
6cfcba7a08513f74

Response Measures

None

Description

Multiple contemporary bank-note/exchange tables (Dec 1844 and Sep 1845) list the Agricultural Bank of Brewer as in hands of receivers. That indicates the bank was placed in receivership (suspended and did not resume operations). No article describes a depositor run; therefore this is a suspension leading to closure/receivership. Dates are taken from newspaper listings (December 1844).

Events (2)
1. December 1, 1844* Receivership
Newspaper Excerpt
Agricultural Bank, Brewer (in hands of receivers 80a 90 ct dis (listed in bank-note exchange tables, Dec 1844 and Dec 19, 1844; repeated Sep 1845).
Source
newspapers
2. December 1, 1844* Suspension
Cause
Government Action
Cause Details
Bank is listed as in hands of receivers, indicating a receivership/government or court-appointed action leading to suspension.
Newspaper Excerpt
Agricultural Bank, Brewer (in hands of receivers
Source
newspapers

Newspaper Articles (4)
1. December 12, 1844 The Woodstock Age Woodstock, VT
Article from The Woodstock Age, December 12, 1844

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Article Text

BANK NOTE & EXCHANGE TABLE. d Corrected for the Boston Post by WILLIS & Co., e Exchange and Money Brokers, No. State street, Dec 1844 if MAINE. S Agricultural Bank, Brewer (in hands of receivers I 80a 90 C1 dis Bangor Commer ial Bank, Bangor charter surrendered 3 Bath Bank worthless t charter expired Citizen's Bank, Augusta. new plate worthless Calis Bank aH City Bank, Portland chartersurrendered. worthless Damariscotta Bank do worthless I do Frankfort Bank, Frankfort do do do Globe Bank, Bangor / Georgia Lumber Co. Portland do do Hallowell and Augusta I Kenebeck Bank do Kennebunk Bank do Lafayette Bank, Bangor charter surrrendered y a 3 a Mercantile Bank, Bangor Oldtown Bank worthless do Fraud Oxford Bank, Fryburg do Passamaquoddy Bank People's Bank charter surrendered do Stillwater Canal, at Orono do In hands of receivers Saco Bank redeemed by Trustees at Saco St. Croix, Chlis charter surrendered 20 a Washington county, Calis redeemed by Trustees redeemed Waterville Bank (closed) la 2 Westbrook Bank, Westbrook Wiscasset Bank worthless NEW HAMPSHIRE. redeemed Claremont Bank, closing Concord Bank 3 5 worthless Hillsborough Bank New Hampshire, Portsmouth, charter redeemed expired worthless Woolfborugh Bank VERMONT. Fraud Agricultural Bank, Troy no such Bank authorised worthless Bennington Bank, Bennington Comercial Bank of Vermont fraud no such Bank authorised Essex, Guildhall worthless Green Mountain Bank do fraud do Jefferson, County Bank fraud St. Albans Bank la3 MASSACHUSETTS. redeemed Amherst Bank charter surrendered Berkshire Bank worthless do Chelsen Bank, Chelsea do Commonwealth Bank, Boston Charlestown Bank, charter surrendered-bills redeemn. bble at Sufollk. East Bridgwater Bank charter surrendered redeemed Essex Bank. Salem worthless do Farmers' and Mechanics', S. Adains do Farmers' Bank, Belchertown Franklin Bank, Boston do do Fulton, or Wimnisimmet Bank, Boston do Hampshire Bank, Northumpton Kilby Bank. Boston do Lafavette Bank, Boston do Mendon Bank closed redeemed Middlesex Bank, Cambridge, 2 a 25 a Middling Interest Bank, Boston Nahant Bank. Lynn 9 a Neburyport Bank 5 60 Phaenix Bank. Chralestown 40 0 Phonix Bank. Nantucket worthless Roxbury Bank charter annulled do Sutton Bank do Winthrop Bank,gone inteliquidation redeemed RHODE ISLAND. R. I Agricultural Bank, closed by injunction worthless Burriliville Bank worthless fraud do Eagle Bank, Newport Farmers' Bank do Farmers' and Mechanics' Bank 75 A Franklin Bank. Providence fraud worthless closed Mount Hope Bank redeemed Pascong Bank 5 5 a Providence county Bank CONNECTICUT. Bridgeport Manufacturing Co. fraud worthless Derby Bank, do Eagle Bank do Housatonic Railroad Co. 5 a NEW YORK. New York City 1.4 Old Safety Fund, good Barl 3.4 a 1 e New do do Red ck.uncertain 25 a 30 25 30 United States Bank Bills, oldand new Novia Scotia Bills 5 n 8 New Brunswick Bills 3 5 4 5 Upper Canada Lower do 4 5 EXCHANGE

2. December 19, 1844 The Woodstock Age Woodstock, VT
Article from The Woodstock Age, December 19, 1844

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Article Text

BANK NOTE I EXCHA NGE TABLE. Corrected for the Boston Post by WILLIS & Co., Exchange and Money Brokers, No.25 ate street, Dec 1844 MAINE. Agricultural Bank, Brewer (in hands of receivers 80a 90 CI dis Bangor Commercial Bank, Bangor 3a charter surrendered worthless Bath Bank charter expired Citizen's Bank,Augusta, worthless new plate Ta8 Calis Bank City Bank, Portland chartersurrendered worthless do worthless Damariscotta Bank do Franktort Bank, Frankfort do do do Globe Bank, Bangor do Georgia Lumber Co. Portland do Hallowell and Augusta do Kenebeck Bank do Kennebunk Bank Lafayette Bank, Bangor 3 a charter surrrendered 3 a Mercantile Bank, Bangor Oldtown Bank worthless do Fraud Oxford Bank, Fryburg do Passamaquoddy Bank do People's Bank charter surrendered do Stillwater Canal, at Orono In hands of receivers Saco Bank redeemed by Trustees at Saco 20 a St. Croix, Calis charter surrendered Washington county, Calis redeemed by Trustees Waterville Bank redeemed (closed) 1a 2 Westbrook Bank, Westbrook worthless Wiscasset Bank NEW HAMPSHIRE. 5a redeemed Claremont Bank, closing Concord Bank 3 5 worthless Hillsborough Bank New Hampshire, Portsmouth, charter redeemed expired worthless Woolfborugh Bank VERMONT. Fraud Agricultural Bank, Troy no such Bank authorised worthless Bennington Bank, Bennington fraud Comercial Bank of Vermont no such Bank authorised worthless Essex, Guildhall do Green Mountain Bank fraud do Jefferson. County Bank fraud 1 a 2 St. Albans Bank MASSACHUSETTS. redeemed AmherstBank chartersurrendered worthless Berkshire Bank do Chelsea Bank, Chelsea do Commonwealth Bank, Boston Charlestown Bank, charter surrendered-bills redeemabble at Sufellk. East Bridgwater Bank redeemed charter surrendered worthless Essex Bank, Salem do Farmers' and Mechanics', S. Adams do Farmers' Bank, Belchertown do Franklin Bank, Boston do Fulton, or Wimnisimmet Bank, Boston do Hampshire Bank, Northampton do Kilby Bank, Boston do Lafayette Bank, Boston closed redeemed Mendon Bank 2 a Middlesex Bank. Cambridge, 25 0 Middling Interest Bank, Boston 9 a Nahant Bank, Lynn 5 60 Neburyport Bank 40 0 Phaenix Bank. Chralestown worthless Phonix Bank, Nantucket do Roxbury Bank charter annulled do Sutton Bank Winthrop Bank gone inteliquidation redeemed RHODE ISLAND. R. I Agricultural Bank, closed by injunction worthless worthless Burrillville Bank do fraud Eagle Bank, Newport do Farmers' Bank 76 8 Farmers' and Mechanics' Bank worthless Franklin Bank. Providence fraud redeemed closed Mount Hope Bank 5 Pascong Bank 5 a Providence county Bank CONNECTICUT. Bridgeport Manufacturing Co. fraud worthless do Derby Bank, do Eagle Bank 5 a Housatonic Railroad Co. NEW YORK. 71.4 New York City 3-4 1 Old Safety Fund, good Banks 25 a 30 New do do Red Back .uncertain 25a 30 UnitedStates Bank Bills, oldand new 8 Novin Scotia Bills 8 5 New Brinswick Bills 4 5 Upper Canada 5 Lower do

3. September 25, 1845 Spirit of the Age Woodstock, VT
Article from Spirit of the Age, September 25, 1845

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Article Text

# BANK NOTE & EXCHGANE TABLE. MAINE. Agricultural Bank, Brewer (in hands of receivers 80a 90 ct dis Bangor Commercial Bank, Bangor charter surrendered 3 a Bath Bank charter expired worthless Citizen's Bank, Augusta, new plate worthless Calis Bank 748 City Bank, Portland chartersurrendered, worthless Damariscotta Bank do worthless Frankfort Bank, Frankfort do do Globe Bank, Bangor do do Georgia Lumber Co. Portland do Hallowell and Augusta do Kenebeck Ban do Kennebunk Ban do Lafayette Bank, Bangor charter surrrendered 9 a Mercantile Bank, Bangor 3 α Oldtown Bank worthless Oxtord Bank, Fryburg Fraud do Passamaquoddy Bank do. People's Bank chartersurrendered do Stillwater Canal, at Orono do In hands of receivers Saco Bank redeemed by Trustees at Saco St. Croix, Calis charter surrendered 20 a Washington county, Calis redeemed by Trustees Waterville Bank (closed) redeemed Westbrook Bank, Westbrook 1a 2 Wiscasset Ban worthless NEW HAMPSHIRE. Claremont Bank, closing redeemed Concord Ban 3 a 5 Hillsborough Ban worthless New Hampshire, Portsmouth, charter expired redeemed Woolfborugh Ban worthless VERMONT. Agricultural Bank, Troy Fraud no such Bank authorised Bennington Bank, Bennington worthless Comercial Bank of Vermont fraud no such Bank authorised Essex, Guildhall worthless Green Mountain Ban fraud do Jefferson, County Bank fraud do St. Albans Bank 1a2 MASSACHUSETTS. Amherst Bank, chartersurrendered redeemed Berkshire Bank worthless Chelsea Bank, Chelsea do Commonwealth Bank, Boston do Charlestown Bank, charter surrendered-bills redeema-bble at Sufollk. East Bridgwater Bank charter surrendered redeemed Essex Bank, Salem worthless Farmers' and Mechanics', S. Adams do Farmers' Bank, Belchertown do Franklin Bank, Boston do Fulton, or Wimnisimmet Bank, Boston do Hampshire Bank, Northampton do Kilby Bank, Boston do Lafayette Bank, Boston do Mendon Bank closed redeemed Middlesex Bank, Cambridge, 2 a Middling Interest Bank, Boston 25 a 0 Nahant Bank, Lynn 9 a Neburyport Bank 5 a 60 Phaenix Bank, Chralestown 40 л 0 Phœnix Bank, Nantucket worthless Roxbury Bank charter annulled do Sutton Bank do Winthrop Bank goneintoliquidation redeemed RHODE ISLAND. R. I Agricultural Bank, closedbyinjunction worthless Burrillville Bank do Eagle Bank, Newport fraud do Farmers' Bank do Farmers' and Mechanics' Bank 75 a 8 Franklin Bank, Providence fraud worthless Mount Hope Bank closed redeemed Pascong Bank 5 a Providence connty Bank 5 a CONNECTICUT. Bridgeport Manufacturing Co. fraud worthless Derby Bank, do Eagle Bank do Housatonic Railroad Co. 5 a NEW YORK. New York City a1-4 Old Safety Fund, good Banks 3-4 a 1 New do do Red Back.uncertain 25 a 30 United States Bank Bills, oldand new 25 a 30 Novia Scotia Bills 5a8 New Brunswick Bills 3a5 Upper Canada 4 a 5 Lower do 4a5

4. March 21, 1930 Portland Press Herald Portland, ME
Article from Portland Press Herald, March 21, 1930

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Article Text

The Voice Of The People Highways Through Congested Areas Editor editorial from Herald March calls the attention the public question which must faced highway Perhaps will recollect that during the last few the Department whenever presented. the thought mind of going around attempt this the village Ogunquit was the How in the political that the Ogunquit forced build alternate traffic congested and they build two the forward looking are followthe torial the Boston Herald bringing attention of the borne mind that when the State Highway attempt of this kind because they are trying but the by the latest highway practice. They these problem. While writing cannot refrain from the had months people loudly for the hill fight such brought the effect that some trying engineering monYou two the building anything gravel the first bill this kind where the sole seems ridiculous the light day that thing have been reading of the editorial following. Paul The editorial refered by The Boston The village street too speeding but those pass haste Much said about learn that they turn Boston and Haverhill reduce traffic through will definitely The interested only through Andover, the who will business through traffic. particularly those that proposed traffic. but will that its prospeccongestion attract new Andover undoubtedly indication the Route the Cod, village Henry Ford's traffic from the doorstep from Boston through and the These illustrate the from local Beverley and Ipswich feel the thoucars Newburyport verted their narrow streets? Fish Game Licenses Editor Will space stand and game He says what has regarded inalienable rights That God Almighty put fish waters ficient for the needs sparsely settled not put enough for today. our hatcheries them. Man and some Why That fish hunt. "Largely for the benefit our visifrom the State Mr. Wilson know that for years and years our visitors have paid many have for the without should those who investing millions our State privilege coming fish weeks the and should do possible these of staters come burden and What the burden fifty year. ridiculous class burden again not given anything anyone but are yield pubutilities anything Reed H. Ellis, Me. Old Age Pensions Editor Herald: like remarks your fine would benefit the whole Country. Old mind wonderful thing. and that the Country whole would much they age years had no means port. people pensions like soldiers, good thing for them why would for everyone they reach people receiving they buy goods and We living live law pension needed but and quicker the Such plan poorhouses, thereby great saving, and class they turned the other have been one think have money smart. against them pension have things general much better. Another great would general regards birth among the poor and now families the will the who need and money support but would live that man knew regulate and had only three, could take and up should the nothing they until and then often from little eat the will the support will the result. Banknotes Editor of The Press Herald: in Belfast large quantity of the the Frankfort dated 1836, has probably aroused the interest of many people the banking was carried the State prior to the Civil War and the establishment of the National system. While majority the chartered by the State prior principles, many states financial interests innocent The Chartered when business booming and values increasthe was apparently matter from the holders, panic the and the improve president the Mr Roop four hundred the worth plus the Bank America for and cashier sent Buffalo, presumably protect the further were and rumors legality were the bank, appointed receivers. meantime, the Buffalo spectheir stock available but the bank holders the notes that had total the fast city pending winding that they agents the them up and them away. curious that ninety years passed before they have again the other old banks that failed the Agricultural Brewer: Stillwater Bank Orono: Banks, Bank, the Bank Hallowell Bank, Hallowell paper the above tioned together many others Maine banking condiwhat know today. Chadbourne, University Maine Working Out Road Tax Editor recent issue paper speaks working the when hold when plowing much tool and cart worked road the young older ones and had good road Philbrick Naming the New Planet Editor the Herald Just the flood wet the lately years this planet described Other this certain only now solar contains Leon Partridge.