Pullen, Crocker & Company (Portland, ME)

Episode Information

Episode UID
8693889291141
Episode Type
Suspension โ†’ Closure
Bank Type
private
Bank ID
869388929 hash
Start Date
January 25, 1895
Location
Portland, Maine (43.661, -70.255)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
603789a9f9dac3ac

Response Measures

None

Description

Articles report an assignment for benefit of creditors; assignee name differs across extracts (Edward D. Noyes vs George D. Noyes).

Events (1)

1. January 25, 1895 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Heavy losses from the decline in wheat prices and shrinkage in value of stocks and bonds held by the firm.
Newspaper Excerpt
suspended and made assignment for the benefit of creditors to Edward D. Noyes.
Source
newspapers

Newspaper Articles (4)

Article from Daily Kennebec Journal, January 26, 1895

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Article Text

SPARKS FROM MAINE WIRES. The Kappa Sigma fraternity of the Maine State College, is to have a new chapter house. The banking and brokerage firm of Pullen, Crocker & Co., Portand, Thursday, suspended and made assignment for the benefit of creditors to Edward D. Noyes. The suspension of the firm is due to heavy losses in the phenomenal decline in wheat and the great shrinkage in the value of stocks and bonds held by them. The Mechanic Falls board of trade, lately organized, has commenced business in earnest. It has sent a committee to Massachusetts to confer with manufacturers in regard to occupying a shoeshop there. A hat factory and other industries are now under consideration. The result of the board of trade's endeavors will undoubtedly increase the town's business. At about 2 o'clock P. M., Friday, Pat rick Clancy, a stevedore employed by Randall & McAllister in unloading the schooner Adelbert Ames, at Portland, was buried in the hold of the vessel by a lot of lumber falling on him. and his leg and shoulder blade were broken, besides sustaining other less serious injuries. He was taken to the Maine General hospital. Mr. Clancy is 37 years old and has a family. The Hamlin Rifles' new armory at Bangor, will be dedicated on Friday evening, Feb. 8, by a grand military ball. Invitations will be extended to Governor Cleaves and staff, all field and line officers of the 2d Regiment, M. V. N. G., other prominent military men, Co. A. of Hampden, Daniel Chaplin Camp, Sons of Veterans, High School Cadets and Coburn Cadets of the Maine State college. It is intended to make the occasion a great success.


Article from The Morning News, January 26, 1895

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Article Text

WAIFS FROM THE WIRES. A Mirror of Minor Happenings of the World. Roanoke, Va., Jan. 25.-William Robertson, white, was hanged to-day at Rocky Mount for the murder of Jere Barbour three years ago. Norfolk, Va., Jan. 25.-Hodges & White, wholesale dealers in hats and caps, have assigned with liabilites of upwards of $28,000. Athens, Jan. 25.-The sitting of the Chamber of Deputies has been suspended for a fortnight in view of dissolution. Hazleton, Pa., Jan. 25.-The Hazle mine slope, the deepest in the Lehigh region, is on fire. The steam pipes have been broken off half way down the mine, and the pumps cannot be worked to fight the flames. The colliery is the property of the Lehigh Valley Coal Company. Portland, Me., Jan. 25.-The failure of Pullen, Crocker & Co., bankers and brokers is announced. Martins Ferry, O., Jan. 25.-Glass was made at the Buckeye glass works this morning for the first time in nearly two years. The works are guarded with Winchesters and revolvers. Andover, Mass., Jan. 25.-George Morgan Ward of the middle class of the Andover Theological Seminary has been called to the professorship of history and political economy in the Atlanta University, Georgia. He will also be appointed dean in case of his acceptance. Mr. Ward graduated from Dartmouth College in 1882, and for several years was general secretary of the National Union of the Young People's Society for Christian Endeavor. He entered the junior class of the seminary in 1893. New York, Jan. 25.-Edwin O. Quigley, the bond swindler, has been sentenced to fifteen years and six months imprisonment. London, Jan. 25.-The fishing boat Tweed, owned at Dunbar and manned by a crew from that place, went down during the recent storm, and her crew of seven were drowned. Paris, Jan. 25.-The Cocarde states that M. Tremontel, ex-prefect of Corsicana, has been arrested on a charge of embezzlement. Minneapolis, Minn., Jan. 25.-Only one juryman was secured this morning from the continued examination of the venire in the Hayward trial for murder. He was the 129th venirman and makes the ninth juror. Both sides believe that a full jury will be secured before to-morrow's session closes. Hudson, N. Y., Jan. 25.-William F. Rossman, Jr., the Hudson River National Bank defaulter, who pleaded guilty, was this morning sentenced to Dannemora prison for five years, by Judge Fursman. Tallahassee Fla., Jan. 25.-Henry Leonard, the missing tailor, mentioned in a Morning News special of Wednesday from Albany, was for many years a citizen of this place, a successful merchant tailor and a good citizen. Rome, Jan. 25.-Mgr. Carina, librarian of the vatican, died suddenly to-day during service in St. Peter's. The pope was shocked greatly by the news of his death. Montgomery, Ala., Jan. 25.-A special to the Advertiser, from Banks, Pike county, says: "The store of Harris Black & Co. was entered by burglars last night. The safe was drilled from the top and both doors blown off. The burglars were frightened away before getting the inner drawer open, which contained $800."


Article from Crawford Avalanche, January 31, 1895

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Article Text

Wheat Breaks Bankers. The failure of Pullen, Crocker & Co., bankers and brokers at Portland, Me., is announced, and the firm has assigned to George D. Noyes, its bookkeeper and cashier. The firm has been doing business about eleven years. The cause of the trouble is said to be the condition of the wheat market.


Article from The True Northerner, February 1, 1895

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Article Text

Wheat Breaks Bankers. The failure of Pullen, Crocker & Co., bankers and brokers at Portland, Me., is announced, and the firm has assigned to George D. Noyes, its bookkeeper and cashier. The firm has been doing business about eleven years. The cause of the trouble is said to be the condition of the wheat market.