8247. Stockbridge Savings Bank (Stockbridge, MA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
savings bank
Start Date
January 28, 1896
Location
Stockbridge, Massachusetts (42.288, -73.320)

Metadata

Model
gpt-5-mini
Short Digest
b78acb8a

Response Measures

None

Description

Newspaper articles (Jan 1896) describe the Stockbridge Savings Bank as 'defunct' and refer to an ex-receiver (F. A. Hobbs) convicted of embezzling funds. No run is mentioned; the bank had a receiver and is described as defunct/closed. Likely failure was due to bank-specific adverse information (embezzlement). OCR errors corrected (e.g., Pittsfield). Dates of the original suspension/receivership are not provided in the clippings; court proceedings and sentencing occurred in late January 1896.

Events (2)

1. January 28, 1896 Receivership
Newspaper Excerpt
Ex-Receiver F. A. Hobbs of the defunct Stockbridge savings bank ... was brought from the hospital to the superior court at Pittsfield Tuesday. Judge Fessenden sentenced him to state prison for a term, the maximum to be 10 and minimum six years. Pleaded Guilty. Frederick A. Hobbs, ex-receiver of the Stockbridge, Mass., savings bank, pleaded guilty in the Superior court at Pittsfield on Tuesday to the charge of embezzling funds of the bank and was sentenced ... (articles published Jan. 30-31, 1896).
Source
newspapers
2. * Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank became defunct following the embezzlement of funds by its receiver, F. A. Hobbs.
Newspaper Excerpt
ex-receiver of the Stockbridge, Mass., savings bank ... embezzling funds of the bank
Source
newspapers

Newspaper Articles (4)

Article from Connecticut Western News, January 30, 1896

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Article Text

Pleaded Guilty. Frederick A. Hobbs, ex-receiver of the Stockbridge, Mass., savings bank, pleaded guilty in the Superior court at Pittefield on Tuesday to the charge of embezzling funds of the bank and was sentenced by Judge Fessenden to one day's solitary confinement in the state prison and ten years at hard labor as a maximum and six years as a minimum


Article from Burlington Weekly Free Press, January 30, 1896

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# LATE NEWS ITEMS Baker of Charlestown, Mass., missing- Heavy snowfalls and floods in Asia Minor-Hancock National bank of Boston ready to furnish golato bidders for bends-Boston to be opened as a port of export for Canadian cattle-Excursion train wrecked at Riverton, Va., but passengers were unhurt-President will veto the Dingley tariff bill if it reaches him-Mrs A. J. Knox, an old Massachusetts abolitionist, died at Fresno, Cal-Alexander Macmillan, the well-known publisher, is dead-Fishing schooners Falcon and John W. Bray of Gloucester, Mass., given up for lost. Monday, Jan. 27. Mrs. Emma L. Swan arrested at Boston for an alleged criminal operation resulting in the death of a South Boston woman-Death of Hon. Theodore Runyon, American ambassador at Berlin-Hiram Laster died in McDonough, Ga., in his 129th year-Death of Philip J. Ripley, an old-time newspaper man-Abyssinian chiefs angry at release of Italian garrison by King Menelik-Admission of Keegan, convicted murderer, likely to prove fatal efforts for a new trial-Immense tidal wave nearly swamped the steamship Ailsawald-Burglars make a $16,000 haul from an old curiosity shop in New York-Americans in the Transvaal want a diplomatic agent sent to protect their interests-Anti-McKinley movement in Ohio being pushed-"Farmer" Morton getting very popular out west-Proposed cession of a part of Attleboro to Rhode Island in exchange for a part of Tiverton-Steamship St. Paul, stranded off Long Branch, moved about 170 feet-Bark Neophite ashore in Little River harbor, N. B-Death of Captain Thomas Smythe of revenue cutter Colfax-Hotel, Opera House and block burned in St. Johnsbury, Vt. Loss over $70,000-Nantasket citizens indignant at the washing ashore of Boston's garbage on the beach-Rev. Nehemiah Boynton of Boston will not accept a call to a large city in the west-Fears for the safety of the American schooner J. F. Coolidge-Rev. Mr. Houghton of Syracuse, in an address in Cambridge, Mass., advised the use of force against Turkey. Tuesday, Jan. 28. Spanish campaign in Cuba showing no decisive results-No attempt made to haul off the steamship St. Paul-Saloonists of Hocksett, N. H., raided by Law and Order league-Michael De Costa stabbed by an unknown Italian at Boston-Quebec's winter carnival formally opened-Birthday of Emperor William celebrated with great ceremony in Berlin-Death in New York of General Joseph Henri Porter, a veteran of the civil war-Creodon defeated Jem Smith in two rounds in London-History of the Civil War in use in the Chelsea (Mass.) public schools severely censured by Alderman Gould-Gallagher won first place in the Chicago billiard tournament-National woman suffragists re-elected their old officers-George Leonard won a wager by beating his way from San Francisco to Boston-New chapter of the Daughters of the Revolution organized at Quincy, Mass-Lead pipe thieves troubling house owners and real estate agents at Boston-Riot at at an Italian christening party in Johnston, R. I-Springfield asked to bid for the quadrangular college boat race-Chairman Harrity names a subcommittee to have charge of the Chicago convention-Western roads doing a good grain business-Chicago business men predict a distinct revival of trade-Relief work in a number of Armenian villages progressing-Leading witness against Baron von Hammerstein absconded-English and American capitalists buying up coffee lands in Mexico-Incorporation of the International American bank seems a certainty-New York bankers report the bond issue as encouraging, but unsettled-Burglars bound an employe and tried to rob a safe in a Hyde Park (Mass.) grocery-Horace W. Cook committed suicide in Cambridge, Mass-Conservative party of Canada unable to redeem its pledges about Manitoba-King Menelek demands as the price of peace that Italy renounce her protectorate-Venezuelan minister at Washington denies that German warships are going to Porto Cabello with hostile intent. Wednesday, Jan. 29. Steamship J. W. Hawkins, laden with men, arms and money for the Cubans, sunk at sea. A dozen drowned-Elijah Shaw, founder of Shaw university, is dead-Another incendiary fire in Cambridge (Mass.) lumber yards-Dual ice polo league formed between Harvard and Brown-Yale will not enter the race on the Hudson, but will challenge the winner-Ex-Receiver Hobbs of Stockbridge (Mass.) Savings bank sent to state prison-Sir Charles Tupper nominated to the dominion parliament-American consul at San Domingo instructed to intervene in behalf of Nat McKay of Boston, whose bridge in that country has been seized-Henry B. Blackwell's remarks on woman suffrage before a house committee raised a breeze-Steamer Catalonia towed into the Azores with a broken shaft-Seven of Haverhill's manufacturers withdraw from the board of conciliation, thus further complicating labor troubles there-Senator Raines of New York proposes a state tax on beer-The issue of financial reform may enter the coming political campaign-Chinese forgers placed $8,000,000 in Java bank notes on the island of Java-Governor Morton's presidential chances are said to be greatly weakened by Platt's statement-A memorial for a permanent tribunal is to be circulated in Great Britain and the United States. A robber was caught in the act of blowing open the safe in the Lynn (Mass.) common station of the Boston and Maine railroad-Officers of the Massachusetts Society for the Prevention of Cruelty to Animals object to the order of the cattle commission requiring muzzling of dogs-Delegates from state labor organizations in Massachusetts, formed the "Union Election league" to oppose biennial election. # THE WAIL OF THE ARAB WOMAN. (From the Saturday Review.)


Article from The United Opinion, January 31, 1896

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Dick Burge celee refuses to meet Joe Waldott Max Wife of Theatrical Manager Freeman died of an overdose of morphine -Granite State Provident association declared to be entirely solvent Italian who attempted to murder a man in Portand, Boston in a <<<<<<<<<<<<<<<<<<<<<<<<< The worst snowstorm makes resh misery for St. John's, N. F-Guiani Gaudri arrested at Boston for slashhis father with a knife-Preston Baker of Charlestown, Mass., missing— Heavy snowfalls and floods in Asia Minor-Hancock National bank of Bosready to furnish gold to bidders for of Boston to be opened as a port xport for Canadian cattle-Excursion rain wrecked at Riverton, Va., but pas- will engers were unhurt President the Dingley tariff bill if it reaches im-Mrs. A. J. Knox, an old Massahusetts abolitionist, died at Fresno, Cal lexander Macmillan, the well-known ublisher, is dead-Fishing schooners Falcon and John W. Bray of Gloucester, Mass, given up for lost. Monday, Jan. 27. Mrs. Emma L. Swan arrested at Boston or an alleged criminal operation resultin the death of a South Boston wonan-Death of Hon. Theodore Runyon, American ambassador at Berlin-Hiram his Laster died in McDonough, Ga., in 29th year-Death of Philip J. Ripley, old-time newspaper man Abyssinian garrison a of Keeconvicted murderer, likely to prove to efforts for a new trial-Immense idal wave nearly swampeż the steamship ilsawaid-Burglars make a $16,000 aul from an old curiosity shop in New York-Americans in the Transvaal want sent to protect their movement in Ohio being Morton etting very popular out west-Proposed ession of a part of Attleboro to Rhode sland in exchange for a part of Tiverton off -Steamship St. Paul, stranded ong Branch, moved about 170 feet— Bark Neophite ashore in Little River harN. B-Death of Captain Thomas mythe of revenue cutter St. pera House and block burned in ohnsbury, Vt. Loss over $70,000-Nanasket citizens indignant at the washing shore of Boston's garbage on the beach -Rev. Nehemiah Boynton of Boston the vill not accept a call to a large city in rest-Fears for the safety of the Amerischooner J. F. Coolidge-Rev. Mr. Ioughton of Syracuse, in an address in ambridge, Mass., advised the use of force gainst Turkey. Tuesday, Jan. 28. Spanish campaign in Cuba showing no to ecisive results-No attempt made off the steamship St. Paul-Saloon- and of Hocksett, N. H., raided by Law rder league - Michael De Costa stabbed an unknown Italian at Bostonuebec's winter carnival formally opened -Birthday of Emperor William celerated with great ceremony in Berlineath in New York of General Joseph enri Porter, a veteran of the civil war -Creedon defeated Jem Smith in two unds in London History of the Civil in use in the Chelsea (Mass.) public by Alderman oman ficers-George Leonard won a wager San beating his way from rancisco to Boston-New chapter the Daughters of the Revoluorganized at Quincy, Mass— ead pipe thieves troubling house owners real estate agents at Boston-Riot in at an Italian christening party ohnston, R. I-Springfleld asked to bid the quadrangular college boat Chairman Harrity names of a committee to have charge Chicago convention Western oads doing a good grain business -Chicago business men predict a disnct revival of trade-Relief work in number of Armenian villages progressg-Leading witness against Baron von ammerstein absconded-English and merican capitalists buying up coffee nds in Mexieo Incorporation of the terpational American bank seems a cer- the inty-New York bankers report issue as encouraging, but unsettled -Burglars bound an employe and tried rob a safe in a Hyde Park (Mass.) grory-Horace W. Cook committed suiin Cambridge, Mass-Conservative of Canada unable to redeem its edges arty about Manitoba-King Menelek mands as the price of peace that Italy nounce her protectorate Venezuelañ inister as Washington denies that Geran warships are going to Porto Cabello hostile intent. Wednesday, Jan. 29, Steamship J. W, Hawkius, laden with arms and money for the Cubans, e at sea. A dozen drowned-Elijah aw, founder of Shaw university, dead -Another incendiary fire in Cambridge b Iass.) lumber yards-Dual ice polo P ague formed between Harvard and own-Yale will not enter the race on Hudson, but will challenge the winf Receiver Hobbs of Stockbridge ** lass.) Savings bank sent to state c ison-Sir Charles Tupper nomit to the dominion parliamenth merican consul at San Domingo inti ructed to intervene in behalf of Nat McW of Boston, whose bridge in that h untry has been seized - Henry B. to ackwell's remarks on woman suffrage de a house committee raised a breeze to -Steamer Catalonia towed into the


Article from Vermont Phœnix, January 31, 1896

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Embezzler Sentenced. Ex-Receiver F. A. Hobbs of the defunct Stockbridge savings bank, who has repeatedly evaded trial on an indictment charging him with the embezzlement of $16,000 three years ago, was brought from the hospital to the superior court at Pittsfield Tuesday, on a reclining chair. Judge Fessenden sentenced him to state prison for a term, the maximum to be 10 and minimum six years.