Sanford Bank - Sanford, ME

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: August 4, 1873
Location: Sanford, Maine (43.439, -70.774)

Metadata

Model: gpt-5-mini
Short Digest: 1ede2ce7

Response Measures

None

Description

Newspaper item (Aug 4, 1873) references Receivers of Sanford Bank and a suit in equity against stockholders, indicating the bank had a receiver and thus was closed/ in receivership. No mention of a run in the article. Bank name does not include 'National' so classified as state bank. Date of receivership inferred from article date; specific suspension date not provided in text.

Events (1)

1. August 4, 1873 Receivership

Newspaper Excerpt: Joseph Dane et al. Receivers of Sanford Bank in eq. vs. W. M. Young et als, stockholders. Demurrer overruled and bill sustained, with costs against Samuel Thompson, holder of fifty shares,...
Source: newspapers

Newspaper Articles (1)

1. August 4, 1873 The Portland Daily Press Portland, ME

Article from The Portland Daily Press, August 4, 1873

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Article Text

Supreme Judicial Court. LAW TERM. APPLETON C. J., PRESIDING, ASSOCIATE JJSTICES WALTON, BARROWS, DICKERSON, DANFORTH AND VIRGIN. The following decisions outside of Cumberland county have been rendered: YORK COUNTY. Aaron B. Chapman vs. Inabitants of Limerick Dismissed from docket. Joseph B. Davis vs. Elizabeth Emery. Motion overruled. John Gains vs. James E. Hasty et als. Exceptions and motion sustained. William R. Roberts vs. Bradbury Seavy et al. Motion overruled and judgment on verdict. Ellen Leavitt vs. Augustus Morgan and trustee. Motion overruled and judgment on verdict. Josiah Williams et als in eq. vs. E. F. Safford et als. Exceptions overruled by consent. Judgment for respondent for $25 and costs. Elizabeth A. Manson ex. vs. C. H. Bartlett. Exceptions overruled by consent. Inhabitants of Sanford, app'lts from decision of County Commissioners on location of way in Sanford, on petition of Goodall et als. Exceptions overruled, Joseph Dane et al. Receivers of Sanford Bank in eq. vs. W. M. Young et als, stockholders. Demurrer overruled and bill sustained, with costs against Samuel Thompson, holder of fifty shares, S. B. Emery, holder of two shares, Ivory Brooks, William Ham and F. H. Butler, as charged in the bill. Bill not sustained against George Gowen, M. W. Emery and Julia A. Appleton, admx., who are each entitled to costs. ANDROSCOGGIN COUNTY. Priscella W. Gould vs. Levi T. Coombs. Motion . overruled. Inhabitants of Poland vs. Inhabitants of Phillips. Motion and exceptions overruled. Stephen Field VS. James Lane et als. Motion overruled. T.T. Ordway vs. Simeon Nichols. Motion and exceptions overruled. Theodore Russell, complt. vs. Robinson Turner. Motion and exceptions overruled. OXFORD COUNTY. Albert G. Hinds vs. Danforth L. Harlow. Dismissedfrom docket. Inhabitants of Greenwood vs. Daniel P. Bennett. Dismissed from docket. Robert McKensie VS. William Wardwell. Exceptions overruled. Adam W. Kimball vs. True P. Denton. Dismissed from docket. James Yates vs. Cyrus W. Wormell. Motion and exceptions overruled and judgment on verdict. Cyrus W. Wormell vs. J. C. McKean. Judgment for plaintiff. Orren Stevens vs. Inhabitants of Rumford. Exceptions overruled. F.A. Desmond et ux vs. Inhabitants of Bethel. Motion and exceptions overruled. G. J. Pendexter vs. G. F. Rounds. Exceptions overruled. FRANKLIN COUNTY. Inhabitants of Industry vs. Nathan S. Johnson et als. Motion overruled and judgment on verdict.