7716. Richmond Savings Bank (Richmond, ME)

Bank Information

Episode Type
Run → Suspension → Closure
Bank Type
savings bank
Start Date
September 23, 1892
Location
Richmond, Maine (44.087, -69.799)

Metadata

Model
gpt-5-mini
Short Digest
0c1ed66adebb4c95

Response Measures

None

Description

Contemporary articles (Sept 23–24, 1892) report heavy withdrawals after the bank passed its July dividend because of depreciation in assets; trustees suspended payments. A receiver (M. P. Milliken) was later appointed (by mid-August 1893) and the receiver sold assets and paid scaled dividends to depositors in 1894. Thus sequence: run → suspension → receivership/closure (liquidation).

Events (5)
1. September 23, 1892 Run
Cause
Bank Specific Adverse Info
Cause Details
Bank passed its July dividend due to depreciation in the value of its assets; depositors withdrew funds after hearing of the dividend being passed and rumors about the bank's soundness.
Measures
Trustees decided to stop payments (suspend) to avoid sacrificing securities; bank stopped paying out money.
Newspaper Excerpt
The Richmond Savings Bank has suspended, pending an adjustment of its affairs. This situation was brought about by the withdrawal of deposits, caused by rumors concerning the soundness of the bank.
Source
newspapers
2. September 23, 1892 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Suspension followed heavy withdrawals triggered by the bank passing its dividend owing to asset depreciation; trustees halted payments pending adjustment/examination.
Newspaper Excerpt
The Richmond Savings bank has suspended because of large withdrawals of deposits caused by the bank's passing its July dividend on account of a depreciation in the value of its assets.
Source
newspapers
3. August 17, 1893 Receivership
Newspaper Excerpt
Mr. M. P. Milliken of Richmond, a former Skowhegan business man, has been appointed receiver of the Richmond Savings Bank.
Source
newspapers
4. June 1, 1894 Other
Newspaper Excerpt
M. P. Milliken, Receiver of the Richmond Savings Bank, is paying to depositors a first dividend of twenty-five per cent. of the amount of their scaled down deposits.
Source
newspapers
5. June 11, 1894 Other
Newspaper Excerpt
The undersigned Receiver of the Richmond Savings Bank will sell all the right, title and interest of the said bank ... at public auction on the premises on the sixth day of July A. D. 1894. M. P. MILLIKEN, Receiver.
Source
newspapers

Newspaper Articles (20)
1. September 24, 1892 The Portland Daily Press Portland, ME
Article from The Portland Daily Press, September 24, 1892

Click image to open full size in new tab

Article Text

RICHMOND NEWS. The Savings Bank Has Suspended but the Mill May Start Up. [Special to the Press.T RICHMOND, Me., September 23.-The Richmond Savings Bank has suspended, pending an adjustment of its affairs. This situation was brought about by the withdrawal of deposits, caused by rumors concerning the soundness of the bank. The bank, for several reasons, passed its last dividend, and as a result depositors began calling for their money until the trustees concluded to call a halt It is thought there will be but little, if any loss to depositors. Negotiations are pending looking to the starting up of the long idle cotton mill here. So many reports of a similar character have been started before that this seems like crying "wolf" again, but there is some foundation in this instance to think there may be something in it.

2. September 24, 1892 Grand Rapids Herald Grand Rapids, MI
Article from Grand Rapids Herald, September 24, 1892

Click image to open full size in new tab

Article Text

Withdrew Their Deposits. RICHMOND, Me., Sept. 23.-The Richmond Savings bank has enspended be. cause of large withdrawals of deposits caused by the bank's passing its July dividend on account of A depreciation in the value of its assets. The bank officials say the depositors will lose littie and that with patience on their part the bank will come out of its present difficulty solvent.

3. September 24, 1892 Pawtucket Tribune Pawtucket, RI
Article from Pawtucket Tribune, September 24, 1892

Click image to open full size in new tab

Article Text

MAINE BANK SUSPENDS. Depositors Not Likely to Lose Much if They Will Show a Little Patience. RICHMOND, Me. Sept. 24.-The Richmond Savings bank has suspended, such action being made necessary by the heavy withdrawal of deposits. The bank officials say there will be no great loss to depositors. With a little patience on their part the bank will come out of the present difficulty solvent. Owing to the depreciation in value of its assets the bank passed its July dividend, causing a great run upon the bank, in consequence of which payment was stopped. A hearing is to be had on the affairs of the corporation. The bank showed a surplus of $8000 over lia bilities last October. It is not understood that suspension resulted from any fault of the officials of the bank. The trustees are William T. Hall, James R. Cunningham, Thomas C. Maxwell, D. C. Ames. Hiram Smith and J. L. Lake. J. N. Ordiorne is the cashier now in charge, and, although the doors are not closed, no money is being paid out. The deposits aggregate $142,000, and the trustees deemed it wiser to suspend payments than to sacrifice the securities at the expense of the depositors. Judge W. P. Whitehouse of Augusta will make an examination of the affairs of the bank.

4. September 24, 1892 Fort Worth Gazette Fort Worth, TX
Article from Fort Worth Gazette, September 24, 1892

Click image to open full size in new tab

Article Text

Bank Failure. KICHMOND. MAINE, Sept. 23-The Richmond savings bank suspended be cause of large withrawals of deposits caused by the banks passing the July dividend.

5. September 24, 1892 Waterbury Evening Democrat Waterbury, CT
Article from Waterbury Evening Democrat, September 24, 1892

Click image to open full size in new tab

Article Text

Savings Bank Suspends. RICHMOND, Me., Sep. 24.-The - Richmond Savings Bank has suspended because of large withdrawals of deposits caused by the bank's passing its July dividend on account of a depreciation in the value of its assets. The bank officia Is say the depositors will lose little, and that, with patience on their part, the bank will come out of its present diffi, culty solvent.

6. September 24, 1892 Morning Journal and Courier New Haven, CT
Article from Morning Journal and Courier, September 24, 1892

Click image to open full size in new tab

Article Text

Bank Suspension. RICHMOND, Me., Sept. 23.-The Richmond Savings bank has suspended because of large withdrawals of deposits caused by the bank's passing the July dividend. The officials say the depositors will lose little.

7. September 29, 1892 The News-Herald Hillsboro, OH
Article from The News-Herald, September 29, 1892

Click image to open full size in new tab

Article Text

SWELLI SMIN daily output of the oil field 000'II reaches моц "DA M New York aldermen are talking of changing the name of the Bowery to South Third avenue. A protest is going Harry Smootz, condemned to hang at Charleston, W. Va., for murdering his sweetheart, committed suicide in prison with morphine. The London Telegraph states that Alfred Rothschild will be one of the English delegates to the International Monetary conference. Samuel M. Clement, president of the Marine bank, of Buffalo, N. Y., was stricken with paralysis. The stroke will probably prove fatal. The porte has revived the question of closing the American mission schools in the Turkish dominion unless they are controlled by Turkish officials. Silver aggregating 512,500 ounces was offered for sale to the treasury department Friday, and of this amount 337,500 ounces were purchased at .8878@ 0888 The delegates of the socialist labor, New York city, placed in the field a full municipal ticket Alexander Jonas, editor of the Volks Zeitung, is their candidate for mayor. Charles Stevens, a well-known young printer and man about town, committed suicide at his home in South Frankfort, Ky., Thursday afternoon. Stevens was addicted to drink. The Sovereign Grand Lodge of Odd Fellows Thursday decided to hold the next annual meeting in Milwaukee. The vote was as follows: Milwaukee, 101; Chattanooga, Tenn., 55. At St. Petersburg, Pa., the opera house was struck by lightning. The flames soon communicated to other buildings, and the entire business portion of the town was wiped out The Richmond (Me.) Savings bank has suspended because of large withdrawals of deposits caused by the bank passing the July dividend. The officials say the depositors will lose little. A disease, something like the flux, has been at Jeffersonville, O., and in the surrounding vicinity for some time. John Collins, living near here, buried one child on Saturday and another one Thurspey. The faculty of Wesleyan university, Middletown, Ct., has announced that students who failed to passlastexamination and are now conditioned will not be allowed to take part in any of the athletic contests. One of the most remarkable families is that of Enos G. Ross, of Lapel, Ind. pus boys xis 10 8 04 eH eqq are moya to n° eag six boys fought in the civil war, and none were wounded. Hedgepath, the leader of the gang that robbed the Frisco express last December, has weakened in his fight against the authorities and will plead sentence B take pus Include 78 18 Sunty ued the up Tears 08 10 that "a N 18 persoder up 41 "Judge" Short, leader of the notorious band of cattle thieves. with headquarters in the Bad Landa, has been captured and lynched by ranchmen and several of his band killed. Chief O'Connell, of Nanaimo, has arrested Charles B. Bonner, the missing bank cashier of British Columbia, who was short in his accounts $15,000. He was found at Cedar District half starved and paralyzed with fear. J. L. Hart, a San Antonio, Tex., gambler, killed his wife and then, with the same pistol, tried to kill their baby. $8 shot the 11 $999 07 Supply the child took effect, he fired two bullets through his own brain. The Vienna Fremdenblatt announces that the foreign office has learned that the cholera outbreak in Bessarabia is of the most violent character, and that the disease is spreading rapidly among podulation pue our punor B Sujurous the Suors ujoo snopmds up 0918 north of Tipton, Ind It was poorly executed and had evidently been Aenom eur may peddosp semip pas John Powell, superintendent of the Veteran mine, was instantly killed Alpea esta his pue "Sujurou jured by an explosion of powder which 18 'esnoq the reeu peould useq peg spart Supdeets the opteno "foo 'uedsy ment of the couple. Noreason is known for the deed. Edward Bohn, engineer of Graveson's chean- SUM 'SHIOM us suns yorqu дедо send . Buy peeq "!H Sujusom AuperauL 7109 your was caught between the belt and -up SUM eq pus Sujnjoses Pour The Fifth district democrate at Grand Rapids, Mich., Friday nominated Geo. F. Richardson, of Ottawa county, for pus remer . of Hospitalion author of the railroad tax law in the last legislature, and is also on the congress 201 term s,e[doed The Elba Iron works, Pittsburgh,

8. January 6, 1893 People's Voice Wellington, KS
Article from People's Voice, January 6, 1893

Click image to open full size in new tab

Article Text

BUSINESS FAILURES. THE MORE DISASTROUS ONES NOTED-BANKS GENERALLY. Jan. 11-First national bank, of Muncie, Pa. Jan. 23-First national bank of Downs, Kan.; $100,000. Jan. 25-Bank of Jefferson at Shepherdstown, W. Va. Jan. 29-Fall River county bank at Oelricks, S. D.: $30,000 Butler county bank at Chicora, Pa.: $60,000. Feb. 2-Commercial loan and savings bank at Kearney, Neb.: $150,000. Feb. 3-National bank of Silver City, and Feb. 4-Marcy, Geer & McCann's back at Raton, N. .M.; $800,000 First national bank of Deming, N. M. Feb. 6-Western Farm Mortgage Company at Denver; $1,000,000. Feb. 8 - Merchants' bank of Moorehead, Minn.: $175,000. Feb. 26-Newmarket (N. H.) savings bank suspended; $191,000. Mar. 1-Lima (0.) national bank. Mar. 21-Painesville (O.) Savings and Loan Association bank. Mar. 24 -American national bank of Birmingham, Ala. Apr. 15-Interstate national bank of New York. Apr. 27-Commercial bank of St. Paul, Minn.: ; $1,000,000. May 25-People's bank of Sea Isle City, N. J. June 4-Platte Valley bank at Central City, Neb. June 25-First national bank at Erie, Kan, Nesha county; losses, $30,000. Sep. 2-Nebraska State bank. at Crete. Sep. 23-Richmond (Me.) savings bank. Sep. 24-People's bank at Hope, Ark Oct. 17-Two Nebraska state banks, one at Ainsworth, the other at Springview. Oct. 27-Hot Springs (Ark.) Valley bank (private); $80,000. Nov. 5-Continental bank at Kansas City, Mo. Nov. 30-Stone City bank, of Joliet, 111., and Joliet Enterprise Co. (barb wire manufacturers); $1,000,000. Dec. 6-Wholesale mercantile firm of Wilczinski & Nelson at Greenville, Miss.: $100,000. Dec. 13-Black Hilis national bank at Rapid City, S. D. Dec. 13-Lipman & Co., jute merchants at Dundee. Scotland, failed for $1,250,000. Dec. 15-National bank of Newton, Kan. Dec. 18-Wholesale grocery in Brooklyn, N. Y.; $400,000. Dec. 26-E.S.Corser Minneapolis, real eastate dealer: $1,000,000.

9. January 7, 1893 Baxter Springs News Baxter Springs, KS
Article from Baxter Springs News, January 7, 1893

Click image to open full size in new tab

Article Text

BUSINESS FAILURES. THE MORE DISASTROUS ONES NOTED-BANKS GENERALLY. Jan. 11-First national bank. of Muncie. Pa. Jan. 23-First national bank of Downs, Kan.: $100,000. Jan. 25-Bank of Jefferson at Shepherdstown, W. Va. Jan. 29-Fall River county bank at Oelricks, S. .D.: $30,000 Butler county bank at Chicora, Pa.: $69.000. Feb. 2-Commercial loan and savings bank at Kearney. Neb.: $150,000. Feb. 3-National bank of Silver City, and Feb. 4--Marcy. Geer & McCann's bank at Raton, N. M.: $800,000 First national bank of Deming. N. M. Feb. 6-Western Farm Mortgage Company at Denver: $1,000,000. Feb. 8 - Merchants' bank of Moorehead. Minn.: €175.000. Feb. 2--Newmarket (N. H.) savings bank suspended: $191,000. Mar. 1--Lima (0.) national bank. Mar. 21-Painesville (O.) Savings and Loan As: sociation bank. Mar. 24-American national bank of Birmingham. Ala. Apr. 15-Interstate national bank of New York. Apr. 27-Commercial bank of St. Paul, Minn.; $1,000,000. May 35-People's bank of Sea Isle City, N.J. June 4-Platte Valley bank at Central City, Neb. June 25-First national bank at Erie, Kan., Nesha county: losses, $30,000. Sep. 2-Nebraska State bank. at Crete. Sep. 23-Richmond (Me.) savings bank. Sep 24-People's bank at Hope, Ark. Oct. 17-Two Nebraska state banks, one at Ainsworth. the other at Springview. Oct. 27-Hot Springs (Ark.) Valley bank (private): 880,000. Nov. 5--Continental bank at Kansas City, Mo. Nov 30-Stone City bank. of Joliet, 111., and Joliet Enterprise Co. (barb wire manufacturers); $1,000,000. Dec. 6--Wholesale mercantile firm of Wilczinski & Nelson at Greenville, Miss.: $100,000. Dec. 13-Black Hills national bank at Rapid City, S. D. Dec. 15-National bank of Newton. Kan. Dec. 18-W holesale grocery in Brooklyn, N. Y.: $400,000. Dec. 26-E. S. Corser, Minneapolis, real estate dealer: $1,000,000.

10. January 7, 1893 The Irish Standard Minneapolis, Saint Paul, MN
Article from The Irish Standard, January 7, 1893

Click image to open full size in new tab

Article Text

GLANCE BACKWARD. Review of the Many Important Happenings of 1892. Heavy Business Failures, Startling Casualties and Horrible Crines-Industrial, Political and Sporting Events, Disastrous Fires of the Year, Etc. BUSINESS FAILURES. MORE DISASTROUS ONES NOTED-BANKS GENERALLY. Jan. 11-First national bank. of Muncie, Pa. Jan. 23-First national bank of Downs, Kan; $100,000. Jan 85-Bank of Jefferson at Shepherdstown, W. Va Jan. 29-Fall River county bank at Oelricks, S. D.; $30,000 Butler county bank at Chicora, Pa.; $60,000. Feb. 2-Commercial loan and savings bank at Kearney, Neb.: $150,000. Feb. 3-National bank of Silver City, and Feb. 4-Marcy, Geer & McCann's bank at Raton, N. M.; $800,000 First national bank of Deming, N. M. Feb. 6-Western Farm Mortgage Company at Denver; $1,000,000. Feb. 8 - Merchants' bank of Moorehead, Minn.: $175,000. Feb. 26-Newmarket (N. H.) savings bank suspended; $191.000. Mar 1-Lima (O.) national bank. Mar. 21-Painesville (O.) Savings and Loan Association bank. Mar. 24-American national bank of Birmingham, Ala. Apr. 15--Interstate national bank of New York. Apr. 27-Commercial bank of St. Paul, Minn.; $1,000,000. May 25-People's bank of Sea Isle City, N. J. June 4-Platte Valley bank at Central City, Neb. June 25-First national bank at Erie, Kan, Nesha county: losses, $30,000. Sep. 2--Nebraska State bank. at Crete. Sep. 23-Richmond (Me.) savings bank. Seu 21-People's bank at Hope, Ark Oct. 17-Two Nebraska state banks, one at Ainsworth, the other at Springview. Oct. 27-Hot Springs (Ark.) Valley bank (pri-, vate); $80,000. Nov. 5-Continental bankat Kansas City, Mo. Nov 30-Stone City bank, of Joliet, 111., and Jollet Enterprise Co. (barb wire manufacturers); $1,000,000. Dec. 6-Wholesale mercantile firm of Wilozinski & Nelson at Greenville, Miss.; $400,000. Dec. .11-Black Hills national bank at Rapid City, S. D. Dec. 13-Lipman & Co., jute merchants at Dundee, Scotland, failed for $1,250,000. Dec. 15-National bank of Newton, Kan. Dec. 18-Wholesale grocery in Brooklyn, N. Y.; $400,000.

11. August 7, 1893 The Portland Daily Press Portland, ME
Article from The Portland Daily Press, August 7, 1893

Click image to open full size in new tab

Article Text

times. " The Richmond Savings Bank. A Richmond, Me., despatch to the Boston Herald says: For several days there has been a quiet run on the Richmond savings bank in this village by depositors, when, not being able to realize on its securities, the bank stopped payment and closed its doors. The appointment of a receiver will be asked for. The bank had a similar trouble about a year ago. Reported Saturday. James McLay, Jr., carriage dealer, New Haven, Conn., has made a voluntary assignment. The New Bedford, Mass., Safe Deposit and Trust Company, which is neither a national nor a savings bank, has closed its doors. It was incorporated in 1888 with a capital stock of $200,000 The depositors will be paid dollar for dollar. Manager Charles P. Berry of the Portsmouth Shoe Company, states that he will not run his factory more than three days a week during the present condition of the money market. He employs 100 hands. The Southern Pacific Company, in pursuing a policy of retrenchment, has discharged 1000 employes decreasing its monthly pay roll at the rate of $900,000 annually. At a meeting of the New Bedford, Mass., Clearing House Association held Friday it was voted that the mills having accounts with the national banks be notified that no assurance can be given that money can be furnished for pay rolls beyond the week ending August 12. The W.H. .Livingston Company, retail dealers in dry goods, Sioux City, Ia., went into the hands of a receiver there Saturday. The company has liabilities of $45,000 and assets of $60,000. The Eureka Silk Company, Canton, Mass., are running their mills only three days a week during the present business depression. About 500 employes are affected by the partial shut down. The northern division of the Old Colony system of the New York, New Haven and Hartford railroad discharged 150 men on Friday, the most of them being extra freight brakemen and workmen on two gravel or work trains which are to be discontinued. The Fuller & Johnson Farm Implement Manufacturing Company, Madison, Wis., will shut down for an indefinite period. Two hundred men are rendered idle. The first National Bank, the National Citizens' Bank and the Mankato Bank ot Mankato, Minn., closed their doors in succession Saturday. All claim to be solvent.

12. August 7, 1893 The Providence News Providence, RI
Article from The Providence News, August 7, 1893

Click image to open full size in new tab

Article Text

Brief Mention. The Richmond (Me.) Savings bank has suspended. Early Bird won the free-for-all trot at Fairfield, Me. Theatrical Manager Murphy of Haverhill, Mass., is missing. New Haven's proposed new electric road is now an assured fact. John Enos of New Bedford, Mass., c his throat. and will die. Peter Walters was killed by the ac dental discharge of a gun at Springfield, Mass. Edward L. White, general manager of the Waterbury (Conn.) Watch company, is dead. Officials at Manchester, N. H., now believe that Cashier Morrill has not left this country. Michael Connelly, aged 25, a 'longshoreman, was found drowned in a dock at Portland, Me. Suspended banking institutions at New Bedford, Mass., will pay depositors dollar for dollar. Pastor Thompson, in a discourse on "Truth" at Brockton, Mass., declared his innocence of charges of immorality and untruthfulness. William T. Reagan was run over by a freight train at Lowell, Mass., while intoxicated and his right leg badly crushed. It was amputated. but the man died. John Enos of New Bedford, Mass., cut his throat and died during the night. For nearly two years he has had hallucinations that some unknown person was trying to get his property. Z. A. Hubley and W. E. Cast of Worcester, Mass., are on a shooting excursion at Black Point. N. S. A gun exploded and shattered Mr. Hubley's left hand, which will have to be amputated. Everett H. Sweet, formerly publisher of The Advocate at Attleboro, Mass., and lately city treasurer of San Pedro, Cal., died of consumption. He was born in Worcester, Mass., 35 years ago.

13. August 17, 1893 The Somerset Reporter Skowhegan, ME
Article from The Somerset Reporter, August 17, 1893

Click image to open full size in new tab

Article Text

LOCAL MENTION. Ira True of Hallowell, State detective, was in town yesterday. Mr. Ernest Dunton was the guest of Miss Lena Robinson last Sunday. Don't miss trying that Mocha and Java coffer Patterson is selling at 34c. It is the best in the market. Mr. M. P. Milliken of Richmond, a former Skowhegan business man, has been appointed receiver of the Richmond Savings Bank. A. J. Libby's b. g. Stanley, won the free-for-all at Augusta, Wednesday, with Guy C. Edward's b. g. Lewis P., second. Best time 2.21. Mr. Chas. M. Green of the Revere House, Boston, accompained by his wife and his brother, F. W. Green of So. Framingham, Mass., are on their annual vacation at the home of Mrs. Green's mother. Mrs. Annie Danforth. The homestead of the late R. E. Lyon, recently purchased by Wm. Doran, has been undergoing extensive repairs and improvements during the past few weeks, preparatory for its occupancy by Rev. R. B. Mathews. The fence that surrounded it has also been removed, the grounds tastefully laid. out, and new walks are laid, until now it is one of the finest looking stands on the street.

14. August 22, 1893 Daily Kennebec Journal Augusta, ME
Article from Daily Kennebec Journal, August 22, 1893

Click image to open full size in new tab

Article Text

AFTER THE BURGLARS. Two Men Arrested on Suspicion of Being the Richmond Jobs. RICHMOND, Aug. 21.-(Special.)-Accompanied by an officer from Litchfield, J. G. Bailey, whose safe was blown open Saturday night by burglars, set out Sunday afternoon in pursuit of two strangers who were seen leaving town early Sunday morning. The men were overtaken on the road leading from Sabattie to Lewiston and placed under arrest. They were recognized by the Lewiston police as well known toughs and were locked up for further evidence. Bailey says they are not the men who were seen about his place last week. If evidence can be found to warrant it they will be brought here for examination before a magistrate. The drill used for boring into Bailey's safe was stolen from W. G. Randall's carriage shop Benjamin R. Temple's store at Richmond Corner, was brok n into Sunday night and a few small groceries taken. The safe, which contained no money, had been purposely left open by Mr. Temple and was not disturbed by the burglars. The same parties are supposed to have taken a few tools from "Jim" Smith's blacksmith shop at that place the same night The party or parties who broke into Temple's store at Richmond corner left a revolver and A Mexican dollar which may lead to their detection. The property and effects of the Richmond Savings Bank passed into the hands of the receiver, M. P. Milliken, Monday. Hon. H M. Heath of Augusta was in tow n on business Monday.

15. September 8, 1893 Daily Kennebec Journal Augusta, ME
Article from Daily Kennebec Journal, September 8, 1893

Click image to open full size in new tab

Article Text

Frank E. Southard, Esq., of Augusta. and Frank L. Staples of Bath, commissioners to determine the liabilities and settle the affairs of the suspended Richmond Savings Bank, are in session in town at Mr. Southard's office. They are going over the deposit books and other liabilities obtained at a public session in Richmond last Fuesday. Similar sessions will be held on the first Tuesdays of October and November. Every deposit book or account has to be gone over, item by item, verified and then compared with the books of the bank. It can be seen that this entails an immense amount of work upon the commissioners.

16. April 27, 1894 Daily Kennebec Journal Augusta, ME
Article from Daily Kennebec Journal, April 27, 1894

Click image to open full size in new tab

Article Text

Richmond Locals. RICHMOND, April 26 - -(Special.)-There is a movement on foot to organize a lodge of Good Templars in town. The shell schooner, with a cargo of wonlers of the sea, arrived from Bath Wedneslav. The pulpit furniture for the Universalist church has arrived. J. M. Curtis, who has been in the employ of a beef company in Milwaukee, arrived in town Thursday. Grant Rogers, Esq., of Lisbon Falls, was in town Thursday. The receiver of the Richmond Savings Bank expect to pay a dividend the first of June. About 150 persons were present at the lecture of Mr. D. G. Richards on politics, at the Town hall, Wednesday evening. Selectman Curtis was in Wiscasset, on business, Thursday. Mrs. Oscar Smith was in Gardiner, Thursday. W. H. Small of Providence, formerly of Richmond, arrived on the Kennebec, Thurslay morning. Business is improving at W. F. Morgan's hoe factory. F. W. Gowen of Waterville, deputy P. W. G. Templar of the United States, is in town, consulting with Rev. E. W. Webber, G. C. T. of Maine. Mr. Gowen has reently returned from the West, and will levote some time through Мяу and June to Good Templary work in Maine.

17. May 18, 1894 Daily Kennebec Journal Augusta, ME
Article from Daily Kennebec Journal, May 18, 1894

Click image to open full size in new tab

Article Text

RICHMOND. Prosperous Shoe Firm-25 Per Cent. Dividend from Defanct Savings Bank. RICHMOND, May 17.-(Special.)-Business at the factory of the Kennebec Shoe Company is booming. Having increased its capital, the concern has decided to put in another line of machinery to keep up with orders. The machinery belonging to the estate of the Richmond Shoe Co. has been ordered sold by the court of insolvency. The Richards P per Co. of Gardiner, has contracted for all the slabs made by the Richmond Lunber Company during the next five years. M. P. Milliken. receiver of the Richmond Savings Bank, will pay to depositors the first dividend of 25 per cent., June 1st. Bishop Neely of Pottand preached in Grand Army hall, Wednesd-y evening. Rev. Mr Livingston of Augusta was present and as-isted in the evening's exercises. The Eureka finished, Thursday, driving piles for the extension of the Kennebec & Boston Steamboat Company's wharf.

18. June 16, 1894 Daily Kennebec Journal Augusta, ME
Article from Daily Kennebec Journal, June 16, 1894

Click image to open full size in new tab

Article Text

NOTICE OF SALE. Pursuant to the order of Court dated June 4th, A. D. 1894, notice is hereby given that the undersigned Receiver of the Richmond Savings Bank. will sell all the right, title and interest of the said bank in the premises known as the Josiah Weymouth let, as described in deed recorded Kennebec Registry Book 329, page 461, at public auetion on the premises, on the sixth day of July A. D. 1894, at two o'clock in the afternoon. Terms Court. cash. Sale made subject to confirmation by the june15d2w Dated June 11th, 1894. M. P. MILLIKEN, Receiver.

19. June 18, 1894 Daily Kennebec Journal Augusta, ME
Article from Daily Kennebec Journal, June 18, 1894

Click image to open full size in new tab

Article Text

NOTICE OF SALE. Pursuant to the order of Court dated June 4th, A. D 1894, notice is hereby given that the undersigned Receiver of the Richmond Savir gs Bank. will sell == the right, title and intere't of the said bank in the premises known as the Josiah Weymouth lot, as de- crib d in dees recorded Kernebec Registry Book 349, pape 461, at public auction on the premises, OD the sixth day of July A. D. 1894, at two o'clock in the afternoon. Terms Court. cash. Sale made subject to confirmation by the Dated June 11th, 1804. june15d2w M.P. MILLIKEN, Receiver.

20. July 11, 1894 The Portland Daily Press Portland, ME
Article from The Portland Daily Press, July 11, 1894

Click image to open full size in new tab

Article Text

MAINE TOWNS. Items of Interest Gathered by Correspondents of the Press. Richmond. The Morgan shoe factory started up Monday morning, after a shut down of nearly a week, during which an account of stock was taken. A Maine Central crew is preparing to extend the "Jericho" sideing, north of Main street. M.P. Milliken, Receiver of the Richmond Savings Bank, is paying to depositors a first dividend of twenty-five per cent. of the amount of their scaled down deposits. Workmen have finished painting the outside of the Congregational church. Farmers report a good deal of white weed in the hay fields. The rains of last month caused the grass to "thicken up" from the bottom, and the crop will average well. Philip Hubbard, aged 85, hale and hearty, an old hunter from "Palmyra, has been visiting his daughter in Richmond. He began his hunting experience at the age of 16 years, and the first year bagged 90 foxes. Since then, up to four years ago, he has averaged capturing from 40 to 60"foxes a year, beside other kinds of game. There are but few nooks and corners in his home town and vicinity with which he is not perfectly familiar, and he can relate many an interesting story of his hunting adventures and experiences. Speaking of foxes, the following curious fox story seems worthy to be placed on record. It is more interesting bcause it is guaranteed to be strictly true. It was narrated to the writer recently by a relative of the principal person concerned in the incident, who has heard the story told in, the family many times. A number of generations ago there lived in the town of Harpswell a man named Isaac Alexander. Doubtless his descendants are living there now. He was a farmer and he and his sons improved the opporunities' offered frequently for securing game and kept their guns ready for action at shot notice. His house stood near the shore and commanded a view of the wide flats, on the outer low water edge of which stood a large rock, or boulder, by itself. One day the farmer remarked that the tide had gone out unusually far, and had left the rock entirely out of water. While he was looking he noticed something moving, and by using the spyglass saw it was a fox, acting in rather a peculiar manner. Watching the animal's maneuvres, Reynard was finally seen to have captured 8 lobster-probably a larger specimen than those usually exposed for sale hereabouts nowadayswhich he held in such a manner as to prevent any unpleasant accidents from the large, waving claws, and with which he started for the shore. A long "water fence" ran across the flats to the water's edge, and knowing the fox would come up alongside that and jump it in order to get to*the woods with his prize, Mr. Alexander took his gun and went forth'to meet him. Getting into a favorable position, Mr. Alexander waited quietly for developments. Soon brer fox appeared and at a favorable place jumped the fence, and just here is where the plans of at least two of the party abruptly changed. As Reynard sprung from he ground his tail switched