8267. Winthrop Savings Bank (Winthrop, MA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
savings bank
Start Date
January 13, 1843
Location
Winthrop, Massachusetts (42.375, -70.983)

Metadata

Model
gpt-5-mini
Short Digest
fd3407dd

Response Measures

None

Description

Repeated listings in the January–April 1843 issues state 'Winthrop Bank, gone into liquidation' or 'gone into liquidation/redeemed'. No article text describes a depositor run. This indicates the bank entered liquidation (suspension/closure) rather than a run-driven event. I corrected OCR spacing (e.g., 'Winthrop Bank, gone intoliquidation' => 'gone into liquidation').

Events (1)

1. January 13, 1843 Suspension
Cause
Voluntary Liquidation
Cause Details
Listed as 'gone into liquidation' in newspaper banking lists; indicates liquidation/closure of the bank rather than a run-triggered suspension or government seizure.
Newspaper Excerpt
Winthrop Bank, gone into liquidation
Source
newspapers

Newspaper Articles (3)

Article from The Spirit of the Age, January 13, 1843

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Article Text

MAINE. r Agricultural Bank, Brewer I in hands of receivers 80 a 90 Ct. dis $ Bangor Commercial Bank, Bangor charter surrendered 3 4 1 Bath Bank worthless charter expired Citizen's Bank, Augusta, (new plate) e charter anulled do . Calis Bank 7a8 10 a 15 City Bank, Portland charter surrendered Damariscotta Bank do worthless f do Frankfort 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 4 charter surrrendered , 3 4 Mercantile Bank, Bangor : Oldtown Bank worthless Fraud do Oxford Bank, Fryburg do Passamaquoddy Bank e do People's Bank charter surrendered : Stillwater Canal, at Orono do In hands of receivers : Saco Bank redeemed by Trustees at Saco 25 a St. Croix, Calise harter surrendered Washington county, Calis worthless charter surrendered redeemed Waterville Bank (closed) 2 3 Westbrook Bank, Westbrook worthless Wiscasset Bank NEW HAMPSHIRE. 2a 3 Concord Bank worthless Hillsborough Bank New Hampshire, Portsmouth, charter redeemed expired worthless Woolfborugh Bank VERMONT. Fraud Agricultural Bank, Troy no such Bank authorised a Bennington Bank, Bennington fraud Comercial Bank of Vermont no such Bank authorised worthless Essex, Guildhall do fraud Green Mountain Bank do Jefferson, County Bank fraud 11a 12 St. Albans Bank MASSACHUSETTS. redeemed Amherst Bank, charter surrendered worthless Berkshire Bank 80 a 90 Chelsen Bank, Chelsea 75D80 Commonwealth Bank, Boston 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 Lafayette Bank, Boston closed redeemed Mendon Bank 2 a Middlesex Bank, Cambridge, redeemed 15 a Middling Interest Bank, Boston 80 a 90 Nahant Bank, Lynn 67 a 70 Neburyport Bank redeemed Norfolk Bank, Roxbury worthless Phenix Bank, Nantucket do Roxbury Bank charter annuiled do Sutton Bank redeemed Winthrop Bank, gone intoliquidation RHODE ISLAND. worthless Burrillville Bank do fraud Eagle Bank, Newport do Farmers' Bank 75 a 80 Farmers' and Mechanics' Bank worthless Franklin Bank, Providence fraud redeemed closed Mount Hope Bank 5 7 Pascong Bank CONNECTICUT. worthless Bridgeport Manufacturing Co. fraud do Derby Bank, do Eagle Bank 25 a 30 Housatonic Railroad Co. NEW YORK. 1-Sa1-4 New York City 1a11-4 Old Safety Fund, good Banks do a 2 do New Red Back. uncertain 55 a 60 United States Bank Bills, old and new 10 a 12 1-2 Novia Scotia Bills 7 9 New Brunswick Bills 6 Upper Canada 4 5 Lower do .


Article from The Spirit of the Age, February 3, 1843

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Article Text

MAINE. Agricultural Bank, Brewer in hands of receivers 80 a 90 CL. dis Bangor Commer ial Bank, Bangor charter surrendered 3a 4 Bath Bank worthless charter expired Citizen's Bank, Augusta, (new plate) charter anulted do Calis Bank 7a8 10 a 15 City Bank, Portland charter surrendered Damariscotta Bank do worthless do Frankfort Bank, Frankfort do do do Globe Bank, Bangor do Georgia Lumber Co. Portland do Hallowell and Augusta Kenebeck Bank do Kennebank Bank do Lafayette Bank, Bangor 3 4 charter surrrendered 3 a 4 Mercantile Bank, Bangor Oldtown Bank worthless do Fraud Oxford Bank, Fryburg do Passamaquodily Bank do People's Bank charter surrendered Stillwater Canal, at Orono In hands of receivers do Saco Bank redeemed by Trustees at Saco 25 a St. Croix, Calise harter surrendered Washington county, Calis charter surrendered worthless redeemed Waterville Bank (closed) 2 13 Westbrook Bank, Westbrook Hiscasset Bank worthless NEW HAMPSHIRE. Concord Bank 2n 3 worthless Hill-borough Bank New Hampshire, Portsmouth, charter redeemed expired worthlbas Woolfborugh Bank VERMONT. Fraud Agricultural Bank, Troy no such Bank authorised a Bennington Bank, Bennington fraud Comercial Bank of Vermont no such Bank authorised worthless Essex, Goldhall fraud Green Mountain Bank do do Jefferson. County Bank fraud St. Albans Bank 11 a 12 MASSACHUSETTS. redeemed Amherst Bank, charter surrendered Berkshire Bank worthless Chelsea Bank, Chelsea 80 90 Commonwealth Bank, Boston 75 80 East Bridgwater Bank charter surrendered redeemed Essex Bank, Salem worthless Farmers' and Mcclamies', S. Adains do Farmers' Bank, Betchertown do Franklin Bank. Boston do do Falton, or Wimmisimmet Bank, Boston do Humpshire Bank, Northampton do Lafayette Bank, Boston closed Mendon Bank redeemed Middlesex Bank. Cambridge redeemed 2 a 15 a Middling Interest Bank, Boston Nature Bank Lvnn 80 a 90 67 a 70 Neburyport Bank redeemed Nortolk Bank, Rosbury Phienix Bank, Nantucket worthless do Roxbury Bank charter annulled Mutter Bank Md Winthrop Bank, gone intelliguidation redeemed RHODE ISLAND. Burrillville Bank worthless fraud do Dagle Bank, Newport Partners' Bank do Parmers' and Mechanics' Bank 75 a 80 worthless Franklin Bank. Providence fraud closed redeemed Mount Hope Bank 5 7 Pascoug Bank CONNECTICUT. worthless Bridgeport Manufacturing Co. fraud do Derby Bank, do Eagle Bank Housatonic Railroad Co. 23 a 30 NEW YORK. New York City 1-8a1-4 1g 1 1-4 Old Safety Fund, good Banks do New do Red Back. uncertain a 2 55a60 United States Bank Bills, old and new Novem Scotia Bills 10, 12 1-3 New Breaswick Bills 7 9 6 it Upper Canada Lower de 4 5


Article from The Spirit of the Age, April 28, 1843

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Article Text

MAINE. Agricultural Bank, Brewer in hands of receivers 80 a 00 et dis. Bangor Commercial Bank, Bangor ) charter surrendered 3 4 Bath Bank r worth SA charter expired Citizen's Bank,Augusta. (new plate) e charter anulted do Calis Bank 7a8 10 a 15 City Bank, Portland charter surrendered Damariscotta Bank do worthless Frankfort Bank, Frankfort do do : do Globe Bank. Bangor do . Georgia Lumber Co. Portland do do Hallowell and Augusta Kenebeck Bank do Kennebunk Bank do Lafayette Bank, Bangor charter surrrendered 3 4 3 4 Mercantile Bank, Dangor Oldtown Bank worthless Fraud Oxford Bank, Fryburg do Passamuquodily Bank do People's Bank charter surrendered do Stillwater Canad, at Orono In hands of receivers do Saco Bank redeemed by Trustees at Saco St. Crois, Calise harter surrendered 25 a Washington's county. Calls charter surrendered worthless Waterville Bank (closed) redeemed Westbrook Bank, Westbrook 2a3 Wiscusset Bank worthless NEW HAMPSHIRE. Concord Bank 2a 3 Hillsborough Bank worthless New Hampshire, Portsmouth, charter expired redeemed Woolfborugh Bank worthless VERMONT. Fraud Agricultural Bank, Troy no such Bank authorised Bennington Bank. Bennington a Comercial Bank of Vermont fraud no such Bank authorised Essex, Guildhall worthless Green Mountain Bank fraud do Jefferson. County Bank fraud do St. Albans Bank 11 a 12 MASSACHUSETTS. Amherst Bank, charter surrendered redeemed Berkshire Bank worthless Chelsen Bank, Chelsen 80@90 Commonwealth Bank, Boston 75080 East Bridgwater Bank charter surrendered redeemed Essex Bank, Salem worthless Farmers' and Mechanics', S. Adams do Farmers' Bank, Belchertown do t Franklin Bank, Boston do I Fulton, or Winnisimmet Bank, Boston do ( Hampshire Bank Northampton do Lafayette Bank, Boston do r Mendon Bank closed redeeme 1 S Middlesex Bank. Cambridge. redeemed 2 a Middling Interest Bank, Boston 15 a Nahant Bank, Lynn 80 a 90 h Neburyport Bank 67 a 70 t Norfolk Bank, Roxbury redeemed t Phoenix Bank, Nantucket worthless O Roxbury Bank charter annulled do t Sutton Bank do C Winthrop Bank, gone into liquidation redeemed 8: RHODE ISLAND. a Burrillville Bank A worthless fraud Engle Bank. Newport li do Farmers' Bank do p Farmers' and Mechanics' Bank be 75 a 80 Franklin Bank. Providence fraud M worthless Mount Hope Bank closed el redeemed Pascong Bank 5 7 CONNECTICUT. Bridgeport Manufacturing Co. fraud worthless Derby Bank, do Eagle Bank do Housatonic Railroad Co. 25 a 30 NEW YORK. New York City 1-8 a 1.4 Old Safety Fund, good Banks 1a11-4 New do do Red Back. uncertain a 2 J United States Bank Bills, old and new 55a60 Novia Scotia Bills 10 a 12 1-2 New Brunswick Bills 7 a 9 Upper Canada 6 Lower do 4 x 5