Kalamazoo Bank (Albion, IN)

Episode Information

Episode Type
Suspension โ†’ Closure
Start Date
July 3, 1857
Location
Albion, Indiana (41.395, -85.422)
Bank Type
private

Metadata

Notes

Listed repeatedly among Indiana 'suspended' free banks redeemed by the State Auditor; no reopening mentioned.

Events (1)

1. July 3, 1857 Suspension
Cause
Government Action
Cause Details
Notes redeemed by the Auditor of State; bank listed among suspended Free Banks under state law
Newspaper Excerpt
Kalamazoo B'k, 90
Source
newspapers

Newspaper Articles (10)

Article from Indiana American, July 3, 1857

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Suspended Banks, Where redeemed, and rates paid: Bank of Attica, Auditor's Office, at 89 B'k of America, Auditor's Office, at 87c. B'k of Albany, Auditor's Office, at 90c. Atlantic B'k, Auditor's Office, at 80c. Agricultural B'k, Auditor's Office, at par B'k Connersville, Auditor's Office, at 87c. Elkhart Co. B'k, Auditor's Office, at 97c. Farmers's B'k, Jasper 91 Laurel B'k, 82 Northern Indiana B'k, 83 Orange B'k, par B'k Perrysville, par B'k of Rockport, par State Stock Bank, Peru, 85 State Stock Bank, Marion, 90 B'k South Bend, par Traders' B'k, Nashville, 92 B'k of T. Wadsworth, 91 Wabash Valley bank, 92 Wayne Bank, Logansport, par Wayne Bank, at Richmond, par B'k of North America at Clinton, 90 Savings B'k of Indiana at Connersville, 69 B'k of Warsaw, Central B'k Indianapolis, par Kalamazoo B'k, 90 The above comprises all the Free Banks that are properly secured and within the operations of the General Banking Law of this State.


Article from Marshall County Democrat, July 9, 1857

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Suspended Free Banks. The following is a list of the suspended Free Banks of this State, showing where redeemable, and value: Bank of Attica, at Auditor's office at 80 cents. Bank of America, Auditor's office, at 87 cents. Bank of Albany, Auditor's office, at 90 cents. Atlantic Bank, Auditor's office, at 80 cents. Agricultural Bank, Auditor's office, at par. Bank of Connersville, Auditor's office, at 87 cents. Elkhart County Bank, Auditor's office, at 97 cents. Farmers' Bank, Jasper, Auditor's office, at 91 cents. Kalamazoo Bank, Auditor's office, at 90 cents. Laurel Bank, Auditor's office, at 82 cents. Northern Indiana Bank, Auditor's office, at 83 cents. Orange Bank, Auditor's office at par. Bank of Perrysville, Auditor's office, at par. Bank of Rockport, Auditor's office, at par. State Stock Bank, Peru, Auditor's office at 85 cents. State Stock Bank, Marion, Auditor's office, at 90 cents. Bank of South Bend, Auditor's office, at par. Traders' Bank, Nashville, Auditor's office, at 92 cents. Bank of T. Wadsworth, Auditor's office at 91 cents. Wabash Valley Bank, Auditor's office, at 92 cents. Wayne Bank, Logansport, Auditor's office, at par. Wayne Bank, Richmond, Auditor's office, at par. Bank of North America, Auditor's office, at 90 cents. Savings Bank of Indiana, Connersville, Auditor's office, 90 cents. Bank of Warsaw, Central Bank, Indianapolis, at par.


Article from The Daily Gate City, May 6, 1858

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Indiana Free Banks. The following quotations are based upon the Report of the Auditor of the State of Indiana, dated February 1st, 1858: SPECIE PAYING. I DISCOUNT. Bank of Goshem, Goshen. Bank of Gosport, Gosport. Bank of Mt. Vermon, Mt. Vernon. Bank of Paoli, Paoli. Bank of Reckville, Wabash. Bank of Salem, New Altany. Bank of Salem, Salem. Bioomington Bank, Bloomington. Cambridge City Bank, Cambridge Exchange Bank, Greeneastle, Bank of Indiana Michigan City. Canal Bank, Evansville. CentralB'k, Indianapolis, redeemed by Treasurer of State. Cressent City Bank, Evansville. Bank of Elkhart. Brookville Bank, Indiana. Cambridge City Bank. Farmers' Bank, Westfield. Indiana Bank, Madison. Indiana Farmers' Bank, Franklin. Kentucky Steek Bank, Columbus. Lagrange Bank, Lima. Parke County Bank, Rockville. Prairie City Bank, Terre Haute. Bank of Menticello Fayette County Bank. Merch. s Mech. Bk. New Albany. Bank of Syracuse. Indian Reserve Bank. Hoosier Bank. SUSPENDED-AT 25 DISCOUNT. Agricultural Bank. Atlantic/Bank. Bank of Albany. Bank of Albion. Bank of Attica. Bank of America. Bank of Bridgeport. Bank of Connersville. Bank Perryaville. Bank of South Bend. Bank of T. Wadsworth. Bank of the Capitol. Bank of N. America, Clintos Bank of Rockport. Elkhart County Bank. Savings Bank, Connersville, (secure) 40 dhe. Farmers' Bank, Jasper. Kalamasoo Bank. Laurel Bank. Northern Indiana Bank. N. Y. & Va. St. Stock Bank. Orange Bank. State Stock Bank of Indiana, Peru. State Stock Bank, Marion. Savings Bank of Indiana, (socured). Traders' Bank, Nashville. Wabash Valley Bk. Wayne Bank, Richmond. Wayne Bank, Logansport. Bank of Warsaw. Huntington County Bank There is 80 little suspended I now in circulation, and rates are $0.8 ble, that we do not deem it worth give quotations.


Article from Marshall County Democrat, May 13, 1858

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Indiana Free Banks. OFFICE OF AUDITOR OF STATE, ) Indianapolis, May 1, 1858. 5 The following Banks have complied with the amended law of 1855, and have securities deposited with the Treasurer of State, at their market valtie, to an amount not less than fifty thousand dollars, and ten per ct. in excess of their circulation: Bank of Goshen, Goshen; do Gosport, Gosport: do Mt. Vernon, Mt. Vernon; do Paoli, Paoli; do Rockville, Wabash; do Salem, New Albany; do Salem, Salem, Bloomington Bank, Bloomington; Exchange Bank, Greencastle; Farmers' Bank. Westfield; ) Indiana Bank, Madison; Indiana Farmers' Bank, Franklin; I Kentucky Stock Bank, Columbus; Lagrange Bank. Lima; Parke County Bank, Rockville; ) Prairie City Bank, Terre Haute; Salem Bank, Goshen; Southern Bank of Indiana, Terre Haute. The following Banks have complied with t the amended law, but have since given notice of their intention to withdraw their circulation. Their notes are payable in ) coin: f Bank of Indiana, Michigan City; Cambridge City Bank, Cambridge City; Canal Bank, Evansville; Central Bank, Indianapolis-redeemed by the Treasurer of State; Crescent City Bank, Evansville. The following Banks are winding up voluntarily, and are redeeming their notes at par, as specified. The ten per cent. excess of securities is retained by the Auditor: Bank of Elkbart, redeemed at the Bank; " " Brookville Bank, " " Hoosier Bank, " " Huntington Co. Bank Indiana Stock Bank, redeemed at Fletcher's Bank. Bank of Monticello, redeemed at Branch Bank, Lafayette. Fayette Co. Bank, redeemed at Branch Connersville. Merchants' & Mechanics', redeemed at Branch Bank, New Albany. Bank of Syracuse, redeemed at Bank of Goshen. Indian Reserve Bank, at Fletcher's Bank Indianapolis. SUSPENDED BANKS. The notes of the following Banks are redeemed by the Auditor of State: Agricultural Bank, at par. Atlantic Bank, at 80. Bank of Albany, at 90. Bank of Albion, at par. Bank of America at - 87. Dank of Attica, at 82. Bank of Bridgeport, at 88. Bank of Connersville, at 87. Bank of Perrysville, at par. Bank of South Bend, at par. Bank of T. Wadsworth, at 91. Bank of North America, C Clinton, at 90. Bank of Rockport, at p or. Farmers' Bank, Jaspe* Kalamazoo Bank, at na is at 91. 90. Laurel Bank, at 8 2. Northern Indiar Bank, at 83.


Article from The Daily Gate City, July 14, 1858

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Indiana Free Banks. The following quotations are based upon the Report of the Auditor of the State of Indiana, dated February 1st, 1858: SPECIE PAYING. "Arl DISCOUNT. Bank of Goshen, Goshen. Bank of Gosport, Gosport. Bank of Mt. Vernon, Mt: Vernon. Bank of Paoli, Paoli. Bank of Rockville, Wabasir. Bank of Salem, New Altany. Bank of Salem, Salem. Bioomington Bank, Bioomington. Cambridge City Bank, Cambridge City. Exchange Bank, Greeneastle, Bank of Indiana Michigan City. Canal Bank, Evansville. Central B'k, Indianapolis, releemed by Treasurersof State. Crescent City Bank, Evansville. Bank of Elkhart. Brookville Bank, Indiana. Cambridge City Bank. Farmers Bank, Westfield. Indiana Bank, Madison. Indiana Farmers' Bank, Franklin. Kentucky Stock Bank, Columbus. Lagrange Bank, Lima. Parke County Bank, Rockville. Prairie City Bank, Terre liaute, Bank of Monticello Fayette County Bank. Merch. & Mech. Bk. New Albany. Bank of Syracuse. Indian Reserve Bank. Hoosier Bank. SUSPENDED-AT 25 DISCOUNT. Agricultural Bank. AtlantieBank. Bank of Albany. Bank of Albion. Bank of Attica. Bank of America. Bank of Bridgeport. Bank of Connersville. Bank of Perrysville.: Bank of South Bend. Bank of T. Wadsworth. Bank of the Capitol. Bank of N. America, Clinton Bank of Rockport. Elkhart County Bank. Savings Bank, Connersville, (secure,) 40 dis. Farmers' Bank, Jasper. Kalamasoo Bank. Laurel Bank. Northern Indiana Bank. N.Y. & Va. St. Stock Bank. Orange Bank. State Stock Bank of Indiana, Peru. State Stock Bank, Marion. Savings Bank of Indiana, (secured). Traders' Bank Nashville. Wabash Valley B. Wayne Bank, Richmond. Wayne Bank, Logansport. Bank of Warsaw. Huntington County Bank. There is NO little suspended Indiana paper now in circulation, and rates are 80 unreliable, that we do not deem it worth while to give quotations.


Article from The Daily Gate City, July 21, 1858

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Indiana Free Banks. The following quotations are based upon the Report of the Auditor of the State of Indiana, dated February 1st, 1858: SPECIE FAYING. DISCOUNT. Bank of Goshen, Goshen. Bank of Gosport, Gosport. Bank of Mt. Vernon, Mt. Vernon. Bank of Paoli, Paoli. Bank of Rockville, Wabash. Bank of Salem, New Altany. Bank of Salem, Salem. Bioomington Bank, Bloomington. Cambridge City Bank, Cambridge City. Exchange Bank, Greeneastle, Bank of Indiana Michigan City. Canal Bank, Evansville. Central B'k, Indianapolis, redeemed by Treasurer of State. Crescent City Bank, Evansville. Bank of Elkhart. Brookville Bank, Indiana. Cambridge City Bank. Farmers' Bank, Westfield. Indiana Bank, Madison. Indiana Farmers' Bank, Franklin. Kentucky Stock Bank, Columbus. Lagrange Bank, Lima. Parke County Bank, Rockville. Prairie City Bank, Terre Haute. Bank of Monticello Fayette County Bank. Merch. & Mech. Bk. New Albany. Bank of Syracuse. Indian Reserve Bank. Hoosier Bank. SUSPENDED-AT 25 DISCOUNT. Agricultural Bank. AtlanticBank. Bank of Albany. Bank of Albion. Bank of Attica. Bank of America. Bank of Bridgeport. Bank of Connersville. Bank of Perrysville. Bank of South Bend. Bank of T. Wadsworth. Bank of the Capitol. Bank of N. America, Clinton Bank of Rockport. Elkhart County Bank. Savings Bank, Connersville, (secure,) 40 dis. Farmers' Bank, Jasper. Kalamazoo Bank. Laurel Bank. Northern Indiana Bank. N. Y. & Va. St. Stock Bank. Orange Bank. State Stock Bank of Indiana, Peru. State Stock Bank, Marion. Savings Bank of Indiana, (secured). Traders' Bank, Nashville. Wabash Valley Br. Wayne Bank, Richmond. Wayne Bank, Logansport. Bank of Warsaw. Huntington County Bank. There is 80 little suspended Indiana paper now in circulation, and rates are se unreliable, that we do not deem it worth while to give quotations.


Article from The Daily Gate City, July 22, 1858

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Indiana Free Banks. The following quotations are based upon the Report of the Auditor of the State of Indiana, dated February 1st, 1858: SPECIE PAYING. AT! DISCOUNT. Bank of Goshen, Goshen. Bank of Gosport, Gosport. Bank of Mt. Vernon, Mt. Vernon. Bank of Paoli, Paoliv Bank of Rockville, Wabash. Bank of Salem, New Altany. Bank of Salem, Salem. Bioomington Bank, Bloomington. Cambridge City Bank, Cambridge City. Exchange Bank, Greeneastle. Bank of Indiana Michigan City. Canal Bank, Evansville. Central B'k, Indianapolis, redeemed by Treasurer of State. Crescent City Bank, Evansville. Bank of Elkhart. Brookville Bank, Indiana. Cambridge City Bank. Farmers' Bank, Westfield. Indiana Bank, Madison. Indiana Farmers' Bank, Franklin. Kentucky Stock Bank, Columbus. Lagrange Bank, Lima. Parke County Bank, Rockville. Prairie City Bank, Terro Haute. Bank of Monticello Fayette County Bank. Merch. & Mech. Bk. New Albany. Bank of Syracuse. Indian Reserve Bank. Hoosier Bank. SUSPENDED-AT 25 DISCOUNT. Agricultural Bank. AtlanticBank. Bank of Albany. Bank of Albion. Bank of Attica. Bank of America. Bank of Bridgeport. Bank of Connersville. Bank of Perrysville. Bank of South Bend. Bank of T. Wadsworth. Bank of the Capitol. Bank of N. America, Clinton Bank of Rockport. Elkhart County Bank. Savings Bank, Connersville, (secure,) 40 dis. Farmers' Bank, Jasper. Kalamazoo Bank. Laurel Bank. Northern Indiana Bank. N. Y. & Va. St. Stock Bank. Orange Bank. State Stock Bank of Indiana, Peru. State Stock Bank, Marion. Savings Bank of Indiana, (secured). Traders' Bank, Nashville. Wabash Valley Bs. Wayne Bank, Richmond. Wayne Bank, Logansport. Bank of Warsaw. Huntington County Bank. There is 80 little suspended Indiana paper now in circulation, and rates are 80 unreliable, that we do not deem it worth while to give quotations.


Article from The Daily Gate City, July 23, 1858

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Indiana Free Banks. The following quotations are based upon the Report of the Auditor of the State of Indiana, dated February 1st, 1858: SPECIE PAYING. ATI DISCOUNT. Bank of Goshen, Goshen. Bank of Gosport, Gosport. Bank of Mt. Vernon, Mt. Vernon. Bank of Paoli, Paoli. Bank of Rockville, Wabash. Bank of Salem, New Altany. Bank of Salem, Salem. Bioomington Bank, Blooming:on Cambridge City Bank, Cambridge City. Exchange Bank, Greencastle. Bank of Indiana Michigan City. Canal Bank, Evansville. Central B'k, Indianapolis, re eemed by Treasurer of State. Crescent City Bank, Evansville. Bank of Elkhart. Brookville Bank, Indiana. Cambridge City Bank. Farmers' Bank, Westfield. Indiana Bank, Madison. Indiana Farmers' Bank, Franklin. Kentucky Stock Bank, Columbus. Lagrange Bank, Lima. Parke County Bank, Rockville. Prairie City Bank, Terre Haute. Bank of Monticello Fayette County Bank. Merch. & Mech. Bk. New Albany. Bank of Syracuse. Indian Reserve Bank. Hoosier Bank. SUSPENDED-AT 25 DISCOUNT. Agricultural Bank. AtlanticBank. Bank of Albany. Bank of Albion. Bank of Attica. Bank of America. Bank of Bridgeport. Bank of Connersville. Bank of Perrysville. Bank of South Bend. Bank of T. Wadsworth. Bank of the Capitol. Bank of N. America, Clinton Bank of Rockport. Elkhart County Bank. Savings Bank, Connersville, (secure,) 40 dis. Farmers' Bank, Jasper. Kalamazoo Bank. Laurel Bank. Northern Indiana Bank. N.Y. & Va. St, Stock Bank. Orange Bank. State Stock Bank of Indiana, Peru. State Stock Bank, Marion. Savings Bank of Indiana, (secured). Traders' Bank, Nashville. Wabash Valley Bir. Wayne Bank, Richmond. Wayne Bank, Logansport. Bank of Warsaw. Huntington County Bank. There is NO little suspended Indiana paper now in circulation, and rates are so unreliable, that we do not deem it worth while to give quotations.


Article from The Daily Gate City, September 2, 1858

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Indiana Free Banks. The following quotations are based upon the Report of the Auditor of the State of Indiana, dated February 1st, 1858: SPECIE PAYING. ATI DISCOUNT. Bank of Geshem, Geshen. Bank of Gesport, Gosport. Bank of Mt. Verson, Mt. Verson. Bank of Paeli, Paoli. Bank of Rockville, Wabash. Bank of Salem, New Altany. Bank of Salem, Salem. Bioomington Bank, Bloomington. Cambridge City Bank, CambridgeOity. Exchange Bank, Greeneastle. Bank of Indiana Michigan City. Canal Bank, Evansville. Central B'k, Indianapolis, redeemed by Treasurer of State. Crescent City Bank, Evansville. Bank of Elkhart. Brookville Bank, Indians. Cambridge City Bank. Farmers' Bank, Westfield. Indiana Bank, Medison. Indiana Farmers' Bank, Frank lin. Kentucky Stock Bank, Columbus. Lagrange Bank, Lima. Parke County Bank, Rockville. Prairie City Bank, Terre Haute. Bank of Monticello Fayette County Bank. Merch. & Mech. Bk. New Albany. Bank of Syrasuse. Indian Reserve Bank. Hoosier Bank. SUSPENDED-AT 25 DISCOUNT. Agricultural Bank. AtlantieBank. Bank of Albany. Bank of Albion. Bank of Atticap Bank of America. Bank of Bridgeport. Bank of Commersville. Bank of Perrysville. Bank of South Bend. Bank of T. Wadsworth. Bank of the Capitol. Bank of N. America, Clinton Bank of Reckport. ElkhartCounty Bank. Savings Bank, Commersville, (secure,) 40 dis. Farmers' Bank, Jasper. Kalamasoo Bank. Laurel Bank. Northern Indiana Bank. N.Y. & Va. St. Stock Bank. Orange Bank. State Stock Bank of Indiana, Peru. State Stock Bank, Marion. Savings Bank of Indiana, (secured). 'fraders' Bank, Nashville. Wabash Valley Bk. Wayne Bank, Richmond. Wayne Bank, Lognasport. Bank of Warsaw. Huntington County Bank. There is 80 little suspended Indiana paper now in circulation, and rates are 80 unreliable, that we do not deem it worth while to give quotations.


Article from The Jasper Weekly Courier, March 2, 1859

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I Indianapolis, Aug. 10, 1858. The following Banks have complied with I he amended law of 1855, and have securi" ies deposited with the Treasurer of State, at their market value, to an amount not less f than fifty thousand dollars, and ten per cent in excess of their circulation: e Bank of Elkhart, Elkhart, Bank of Goshen, Goshen. n Bank of Gosport, Gosport. Bank of Mt. Vernon, Mt. Vernon. 1 Bank of Paoli, Paoli. V Bank of Rockville, Wabash. Bank of Salem, Silem. a Bank of Salem, New Albany. Bloomington Bank, Bloomington. II Exchange Bank. Greencastle. d Farmers' Bank, Westfield. t Indiana Bank, Madison. Indiana Farmers' Bank, Franklin. Kentucky Stock Bank, Columbus. b Lagrange Bank, Lima. Parke County Bank, Rockville. 1 Prairie City Bank, Terre Haute. Salem Bank, Goshen. Southern Bank of Indiana, T. Haute. The following Banks have complied with the amended law, but have since given no. tice of their intention to withdraw their cir. culation. Their notes are payable in coin: a Bank of Indiana, Michigan City, Cambridge City Bank, Cambridge City. Canal Bank, Evansville. Central Bank, Indianapolls--redecmed b the Treasurer of State. Crescent City Bank, Evansville. The following Banks are winding up vol untarily, and are redeeming their notes at par, as specified. The ten per cent. excess of securities is retained by the Auditor: Brookville Bank. redeemed at the Bank. do do do Hoosier Bank, Huntington Co. Bank, redeemed at the Bank. Indiena Stock Bank, redeemed at Fletch. er's Bank. Bank of Monticello, redeemed at Branch Lank, Lafayette. Fayette Co. Bank, redeemed at Branch Bank, Connersville. Merchants' and Mechanics' Bank, redees. ed at Branch Bank, New Albany. Bank of Syracuse, redeemed at Bank of e Goshen. Indiana Reserve Bank, redeemed Fletch. er's Bank, Indianapolis. SUSIENDED BANKS. 8 The notes of the following Banks are reS deemed by the Auditor of State, viz: at per t Agricultural Bank, at 80c Atlantic Bank, e at 90c Bank of Albany, at per Bunk of Albion, a at 87. Bank of America, at 89. e Bank of Attica, at 880 , Bank at Bridgeport, at 87c = Bank at Connersville, at par Bank of Perrysville, at par Bank of South Bend, at 91d , Bank of T. Wadsworth, at 90c Be of North America, Cliuton, at par d Bank of hockport, at 91c of Farmer's Bank, Jasper, at 90c Kalamaz 0 Bank, at 82 Laurel Bank, a at 83 Northern Indiana Bank, h at pa N.Y. & Va. State Stock Bank, at pa Orange Bank, State Stock Bank of Indiana, Peru, at 85 at 90 State Stock Bank, Marion, at 69 Savings Bank of Indiana, at 92 Traders' Bank, Nashville, at 92 Wabash Valley Bank, at pa Wayne Bank, Richmond, Bank of Warsaw, redeemed at the Bank k as Persons sending Lotes for redemption will take notice the