Article Text
WOUND UP AT LAST. BOSTON, Nov. 23.-The receivers of the West Boston Savings Bank, which failed in 1877, presented their final account to-day. The depositors will receive in all, 85 per cent of their deposits.
8033. West Boston Savings Bank (Boston, MA)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- savings bank
- Start Date
- January 1, 1877*
- Location
- Boston, Massachusetts (42.358, -71.060)
Metadata
- Model
- gpt-5-mini
- Short Digest
cd7e4b2b
Response Measures
None
Description
Article states the West Boston Savings Bank failed in 1877 and its receivers presented their final account on 1881-11-23. No run is mentioned; the bank had a receivership and was wound up, so this is a suspension leading to permanent closure/receivership.
Events (2)
1.
January 1, 1877*
Suspension
- Cause Details
- Bank failed in 1877; article gives no further cause or trigger
- Newspaper Excerpt
- the West Boston Savings Bank, which failed in 1877
- Source
- newspapers
2.
November 23, 1881
Receivership
- Newspaper Excerpt
- The receivers of the West Boston Savings Bank ... presented their final account to-day. The depositors will receive in all, 85 per cent of their deposits.
- Source
- newspapers
Newspaper Articles (1)
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