8657. Peoples Safe Deposit & Savings Bank (Bath, ME)

Bank Information

Episode Type
Run → Suspension → Unsure
Bank Type
savings bank
Start Date
January 20, 1883
Location
Bath, Maine (43.911, -69.821)

Metadata

Model
gpt-5-mini
Short Digest
478ea8a4

Response Measures

Full suspension, Books examined

Other: Bank examiner reported the institution solvent after suspension.

Description

Multiple contemporary papers report that frightened citizens of Bath made a run on the People's Bank around Jan 20, 1883, forcing it to suspend payments; the bank examiner later reported the institution solvent. No article reports a reopening or permanent closure, so outcome is unclear.

Events (2)
1. January 20, 1883 Run
Cause
Rumor Or Misinformation
Cause Details
Deposit withdrawals driven by local panic/nervousness among citizens (articles describe frightened citizens making a run).
Measures
None reported other than subsequent suspension of payments.
Newspaper Excerpt
FRIGHTENED citizens of Bath, Me., made a run on the People's Bank a few days ago and forced it to suspend.
Source
newspapers
2. January 20, 1883 Suspension
Cause
Rumor Or Misinformation
Cause Details
Suspension of payments was a direct consequence of the depositor run/panic; examiner later reported bank solvent.
Newspaper Excerpt
The People's Bank of Bath, Me., was forced to suspend payment on the 20th, because of a run made upon it by its depositors.
Source
newspapers

Newspaper Articles (4)
1. January 26, 1883 The Kenosha Telegraph Kenosha, WI
Article from The Kenosha Telegraph, January 26, 1883

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Article Text

The East. AT the port of New York the number of immigrants that arrived from 1872 to 1882 inclusive was 2,380,500. JUDGE CLAYTON on the 17th, in the suit brought at Media, Pa., by Chief Engineer Melville for the custody of his children, gave the two younger children to their mother, and directed that the elder be sent to college at the expense of the father. Up to the 18th over $30,000 had been subscribed at Providence, R. I., for an equestrian statue of General Burnside. THE death is announced at Buffalo of Henry Kip, the Superintendent and founder of the United States Express Company. THE Massachusetts Legislature has reelected George F. Hoar United States Senator. THE firm of Potter & Co., stove manufacturers of Troy, N. Y., have failed for $150,000. IT has been recommended by the Coroner's Jury investigating the recent accident at Melrose, N. Y., on the Troy & Boston Railroad, that Superintendent Crandell, Engineer Kellingbeck, Conductor Winnard and Train-Dispatcher Bennett be held for murder. THE death of R.S. Newbold, aged seventyfive years, machine works proprietor at Norristown, Pa., and formerly United States Minister to Mexico, occurred a few days ago. AN insane man named Harvey Taylor, of Richfield Springs, N. Y., killed his wife and mother-in-law on the 19th, and then committed suicide. He had regularly laid out the corpses of his victims when he was discovered. THE valuable stallion Pemberton, record 2:24, was killed at Lawrence, Mass., the other day by becoming unmanageable in a sleigh and running into a picket-fence. J. W. HUMPHREY & Co., of Bradford, Pa., dealers in oil-well supplies, have failed, with liabilities of $100,000. A CHARTER was recently secured in New Jersey for the Yellowstone National Park Improvement Company, with a capital of $200,000. THE People's Bank of Bath, Me., was forced to suspend payment on the 20th, because of a run made upon it by its depositors. The Bank Examiner subsequently reported that the institution was solvent. THREE men knocked down Thomas Johnson, paymaster of a factory in Brooklyn, N. Y., a few days ago, and robbed him of $1,000. A FEW mornings ago the brig Mariposa was sunk in a collision off the end of Long Island, and of a créw of six persons only one was saved.

2. January 27, 1883 The Milan Exchange Milan, TN
Article from The Milan Exchange, January 27, 1883

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Article Text

CRIMES AND CASUALTIES. MICHAEL BARRON shot himself in Baltimore, Md., the other day in the presence of his sweetheart. A FIRE the other morning destroyed the frame residence and stables in Avondale, O., owned and occupied by Samuel Pogue. The inmates barely escaped with their lives and in their night-clothes. THE dye-house and cloth-room of the Boston Duck Company at Bondsville, Mass. was burned the other day, causing a loss of about $150,000. Insured. It was said the burned buildings would be rebuilt at once and the mill would remain idle but a few days. FRIGHTENED citizens of Bath, Me., made a run on the People's Bank a few days ago and forced it to suspend. The bank examiner since reported that the institution was solvent. GEORGE C. FOSTER, of Milwaukee, Wis., was instantly killed lately by the fall of an icicle, which crushed his skull. THE police of Berlin the other day confiscated as immoral a pamphlet giving alleged incidents in the private life of exEmpress Eugenie. By a premature blast at the mines of the Harrisburg Copper Mining Company, Adams County, Pa., recently, four men were injured, two probably fatally. THE boilers at the Ledger Paper Mills, Elkton, Md., exploded with terrific force on the 22d, wrecking half the immense building. Patrick McCormick was killed and John Garrett was missing. THE bail of M. T. Polk, the alleged defaulting Treasurer of Tennessee, has been fixed at $100,000. MASKED men robbed a store at Gold Mountain, Nev., a few days ago, killing the proprietor and two clerks. THOMAS WILSON, of Philadelphia, Pa., jumped into the Niagara River the other day and was carried over the falls. THE Coroner's jury investigating the railroad accident on the Southern Pacific Railroad near Tehachepai, Cal., found a verdict on the 22d that the victims came to their death by neglect of Conductor Reed and Brakeman Patten. The verdict was not yet approved by the Coroner. THE Giant Powder Works at Berkeley Station, Cal., blew up a few days ago. On the 22d the bodies of twenty-one Chinamen and one white man had been recovered from he ruins. Officers of the works.placed the killed at forty. There were five distinct explosions, which were heard as far as San Francisco, fourteen miles away. The financial loss was said to be over $100,000. THE largest gasometer in Glasgow, Scotland, exploded the other night, injuring eight persons. As this was followed by the blowing up of a railway shed, the citizens were enjoying a Fenian scare. A PAINTER named Joseph H. Biener, while at work in the dome of the rotunda of the new Court-house ateMarysville, O., recently, fell a distance of forty-five feet to the marble floor. He had been working in the building over a year, and in half an hour would have finally completed his job. By an explosion in the oil-works of Some & Fleming at Newton Creek, N. Y., the other day, Pitrick Farley was literally cut in twain by a cap of one of the great stills, and the two parts fell into a tank of boiling oil. The body of Thomas Parcell, who was also killed, had not been recovered. THE Coroner's Jury who investigated the recent locomotive explosion at Mansfield, La., by which three persons were killed and several wounded, returned a verdiet that the locomotive was made of old iron worked over and sold to the company for new. A STOCK train reached Elkhart, Ind., the other evening, on which were twentyone cattle which had been frozen to death on the way. SEVEN masked men undertook to rob a train on the Central Pacific Railroad at a water tank near the east line of Dakota the other day. They captured the train men and assailed the express car, but the messenger opened a fusilade and they were scared off. IT was reported from Weeksville, Montana, a few days ago that vigilantes had taken two desperadoes nicknamed "Dick, the Barber," and "Ohio Dan," from Sandy Point to within two miles of that place'and hung them on séparate trees. Both made confessions, it was said, stating that they were guilty and had committed enough depredations to have warranted hanging them long ago.

3. January 27, 1883 The Rugbeian and District Reporter Rugby, TN
Article from The Rugbeian and District Reporter, January 27, 1883

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Article Text

LATE NEWS ITEMS. IN the United States Senate cn the 22d the bill to regulate cable companies was reported favorably. There was considerable debate over a resolution to hold night sessions, but without deciding it the Senate resumed consideration of the Tariff bill. I'a the House a joint resolution passed appropriating $200,000 to continue the work of the Census Bureau. The Naval bill was taken up and an amendment was adopted providing that officers detailed for service in connection with the Navy Department shall not receive any pay beyond that which their rank entitles them to. THE Coroner's jury investigating the railroad accident on the Southern Pacific Railroad near Tehachepai, Cal., found a verdict on the 22d that the victims came to their death by neglect of Conductor Reed and Brakeman Patten. The verdict was not yet approved by the Coroner. A BILL was the other day introduced in Congress to pension Kit Carson's children. THE bail of M. T. Polk, the alleged defaulting Treasurer of Tennessee, has been fixed at $100,000. THOMAS WILSON, of Philadelphia, Pa., jumped into the Niagara River the other day and was carried over the falls. THE dye-house and cloth-room of the Boston Duck Company at Bondsville, Mass., was burned the other day, causing a loss of about $150,000. Insured. It was said the burned buildings would be rebuilt at once and the mill would remain idle but a few days. FRIGHTENED citizens of Bath, Me., made a run on the People's Bank a few days ago and forced it to suspend. The bank examiner since reported that the institution was solvent. GEORGE C. FOSTER, of Milwaukee, Wis., was instantly killed Slately by the fall of an icicle, which crushed his skull. THE police of Berlin the other day confiscated as immoral a pamphlet giving alleged incidents in the private life of exEmpress Eugenie. By a premature blast at the mines of the Harrisburg Copper Mining Company, Adams County, Pa., recently, four men were injured, two probably fatally. A CHARTER was secured in New Jersey the other day for the Yellowstone Na. tional Park Improvement Company, with a capital of $200,000. Included in the list of corporators were Rufus Hatch, Roscoe Conkling, Richard T. Merrick, Frederick Church, the painter, Judge John R. Brady, and Samuel W. Allerton. THE boilers at the Ledger Paper Mills, Elkton, Md., exploded with territic force on the 22d, ,wrecking half the immense building. Patrick McCormick was killed and John Garrett was missing.

4. February 2, 1883 The Jasper Weekly Courier Jasper, IN
Article from The Jasper Weekly Courier, February 2, 1883

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Article Text

4 BILL L 100 OLDCE in Congress to pension Kit Caroon's children. CREMES AND CASUALTIES. MICHAEL BARRON shot himself in Baltimore, Md., the other day in the pres. ence of his sweetheart. A FIRE the other morning destroyed the frame residence and stables in Avon. dale, O.. owned and occupied by Samuel Pogue. The inmates barely escaped with their lives and in their night-clothes. THE dye-house and cloth-room of the Boston Duck Company at Bondeville, Mass. was burned the other day. causing a loss of about$$55,000. Insured. It was said the burned buildings would be rebuilt at once and the mill would remain idle but a few dava. FRIGHTENED citizens of Bath, Me., made s run on the People's Bank s few days ago and forced it to suspend. The bank examiner since reported that the institution was solvent. GRORGE C. FOSTER, of Milwaukee, Wis., was instantly killed Nately by the fall of an icicle, which crushed his skuH. THE police of Berlin the other day confiscated as immoral a pamphlet giving alleged incidents in the private life of exEmpress Eugenie. Br a premature blast at the mines of the Harrisburg Copper Mining Company, Adams County, Pa., recently, four men were injured, two probably fatally. THE boilers at the Ledger Paper Mills, Elkton, Md., exploded with terrific force on the 22d, wrecking half the immense building. Patrick McCormick was killed and John Garrett was missing. THE bail of Polk, the alleged defaulting Treasurer of Tennessee, has been fixed at $100,000. MASKED men robbed a store at Gold Mountain, Nev., a few days ago, killing the proprietor and two clerks. THOMAS WILSON, of Philadelphia, Pa., jumped into the Niagara River the other day and was carried over the falls. THE Coroner's jury investigating the railroad accident on the Southern Pacific a Railroad near Tehachepal, Cal., found verdict on the 22d that the victims came to their death by neglect of Conductor Reed and Brakeman Patten. The verdict was not yet approved by the Coroner. THE Giant Powder Works at Berkeley Station, Cal., blew up a few days ago. On the 22d the bodies of twenty-one Chinamen and one white man had been recovered from he ruins. Officers of the works placed the killed at forty. There were five distinct explosions, which were heard as far as San Francisco, fourteen miles away. The finan. cial loss was said to be over $100.000. THE largest gásometer in Glasgow, Scotland, exploded the other night, injuring eight persons. As this was followed by the blowing up of a railway shed, the citizens were enjoying : Fenian scare. A PAINTER named Joseph H. Biener, while at work in the dome of the rotunda of the new Court-house at Marysville, O., recently, fell a distance of forty-five feet to the marble floor. He had been working in the building over a year, and in half an bour would have finally completed his job. Br an explosion in the oil-works of Some & Fieming at Newton Creek, N. Y. the other day, Pstrick Farley was literally cut intwain by a cap of one of the great stills, and the two parts fell into a tank of boiling oil. The body of Thomas Parcell, who was also killed, had not been recovered. THE Coroner's Jury who investigated the recent locomotive expiosion at Mansfield, La., by which three persons were killed and several wounded, returned a verdiet that the locomotive was made of old iron worked over and sold to the company for new. A STOCK train reached Elkhart, Ind. the other evening, on which were twentyone cattle which had been frozen to death on the way. SEVEN masked men undertook to rob train on the Central Pacific Railroad at a water tank near the east line of Dakota the other day. They captured the train men and assailed the express car, but the messen. ger opened a fusilade and they were scared off. Ir was reported from Weeksville. Montana, a few days ago that vigilantes had taken two desperadoes nicknamed "Dick, the Barber," and "Ohio Dan," from Sandy Poist to within two miles of that place and hung them on separate trees. Both made confessions, it was said. stating that they a were guilty and had committed enough depredations to have warranted hanging # them long ago. MISCELLANEOUS. e A SUSPENSION of three days per week was reported to have taken place in all the $ collieries of the Wilkesbarre, Pa., district