Pacific Bank - Boston, MA

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: *
Location: Boston, Massachusetts (42.358, -71.060)

Metadata

Model: gpt-5-mini
Short Digest: 8e4a0eaf

Response Measures

None

Description

The article (Jan 24/25, 1898) states L. M. Child served for some years as receiver for the Pacific Bank, during which time the liabilities of the bank were fully paid. This indicates the bank had been placed in receivership and wound up; no run or suspension event is described in the excerpt, so I classify as a suspension leading to closure/receivership. Date of receivership not given in the excerpt.

Events (1)

1. * Receivership

Newspaper Excerpt: served for some years as receiver for the Pacific Bank, during which time the liabilities of the bank were fully paid.
Source: newspapers

Newspaper Articles (1)

1. January 25, 1898 The Indianapolis Journal Indianapolis, IN

Article from The Indianapolis Journal, January 25, 1898

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Article Text

# Other Deaths. BOSTON, Jan. 24.--L. M. Child, one of the most prominent members of the Boston bar, dropped dead to-night in the Park-square Railroad Station. Mr. Child held many positions of trust, and served for some years as receiver for the Pacific Bank, during which time the liabilities of the bank were fully paid. He was sixty-two years old. MARQUETTE, MICH., Jan. 24.-J. M. Wilkinson, ex-state treasurer and private banker, died here this afternoon from intestinal troubles. Prior to his death he placed the Wilkinson private bank in voluntary liquidation.