Hancock County Savings Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: savings bank
Start Date: November 10, 1923
Location: Ellsworth, Maine (44.543, -68.419)

Metadata

Model: gpt-5-mini
Short Digest: fe61ab2e

Response Measures

None

Description

Court-ordered transfer (Interlocutory Decree) on 1923-11-10 directed the Hancock County Savings Bank's assets be transferred to The Liberty National Bank of Ellsworth. No mention of a depositor run in the provided text. This appears to be a suspension/closure effected by court/government action with assets assigned to another bank; later assignments (1925) transfer specific mortgage assets to The Liberty Corporation.

Events (2)

1. November 10, 1923 Suspension

Cause: Government Action
Cause Details: Interlocutory decree of the court ordered transfer of all corporate assets to The Liberty National Bank of Ellsworth.
Newspaper Excerpt: on the tenth day of November A. D. 1923, under the Interlocutory Decree ... it was ordered, adjudged and decreed, that the president and trustees of said Hancock County Savings Bank, transfer to The Liberty National Bank of Ellsworth ... all the property of said Hancock County Savings Bank
Source: newspapers

2. October 7, 1925 Other

Newspaper Excerpt: The Liberty National Bank of said Ellsworth, by its deed of assignment dated October 7th, A. D. 1925, and recorded ... sold, assigned, transferred and conveyed unto The Liberty Corporation of said Ellsworth, the said mortgage deed, the note, debt and claim thereby secured
Source: newspapers

Newspaper Articles (1)

1. November 25, 1925 Ellsworth American Ellsworth, ME

Article from Ellsworth American, November 25, 1925

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Article Text

with all buildings upon said land." "Being all and the same land conveyed by the following deeds, to wit:" "Deed from Reuben Salisbury to John Harden, dated December 10th, 1874, and recorded in the Hancock County, Maine, registry of deeds, vol. 150, page 262." "Deed from Irene Leland to John Harden, dated May 9th, 1882, and recorded in said registry, vol. 182, page 405." "Deed from E. H. Tracy et als to John H. Prescott. dated May 1st, 1885, and recorded in said registry, vol. 197, page 503." "Deed from Curtis Stevens to John H. Prescott, dated September 17th, 1892, and recorded in said registry, vol. 268, page 17." "Deed from Edward L. Young et als to John Harden, dated June 3rd, 1887, and recorded in said registry, vol. 216, page 204." And, whereas the said Luere B. Deasy, by his deed of assignment dated the twelfth day of September A. D. 1903, and recorded in the registry of deeds for said Hancock county, in book 448, page 199, sold, assigned, transferred and conveyed unto Charles R. Burrill of Ellsworth, in said County of Hancock, the said mörtgage deed, the note, debt and claim thereby secured, and all right, title and interest of said Luere B. Deasy by virtue of his said mortgage, in and to all said real estate described, and held as security for said mortgage indebtedness, and whereas the said Charles R. Burrill, by his deed of assignment dated September twelfth, A. D. 1903, and recorded in said registry of deeds, in book 448, page 198, sold, assigned. transferred and conveyed unto the Hancock County Savings Bank of Ellsworth, in said County of Hancock, the said mortgage deed, the note, debt and claim thereby secured, and all right, title and interest of said Charles R. Burrill by virtue of his said mortgage, in and to all said real estate described, and held as security for said mortgage indebtedness; and whereas, on the tenth day of November A. D. 1923, under the Interlocutory Decree, issued by Luere B. Deasy, associate justice of the supreme judicial court in equity, holden at said Ellsworth, it was ordered, adjudged and decreed, that the president and trustees of said Hancock County Savings Bank, transfer to The Liberty National Bank of Ellsworth. in said County of Hancock, by proper deeds, assignments, endorsements or otherwise all the property of said Hancock County Savings Bank. whether real, personal or mixed, and in consideration of said authority and decree, the said president and trustees of said Hancock County Savings Bank, did give, grant, bargain, sell, convey and assign unto the said The Liberty National Bank of Ellsworth, dated November 10th. A. D. 1923, and recorded in said registry of deeds, in book 584, page 75, and also in the city clerk's office of said Ellsworth, in book 10, pag 485, all of the corporate assets of every kind real and personal, including all deeds. securities, stocks, bonds, collateral. cash, choses in action, notes, debts due, and evidences of debts due, books, records. furniture and furnishings: and whereas The Liberty National Bank of said Ellsworth, by its deed of assignment dated October 7th, A. D. 1925, and recorded in said registry of deeds, in book 597, page 236, sold. assigned, transferred and conveyed unto The Liberty Corporation of said Ellsworth. the said mortgage deed, the note, debt and claim thereby secured, and all right, title and interest of said The Liberty National Bank of Ellsworth. by virtue of its said mortgage in and to all said real estate