Lafayette Bank (Bangor, ME)

Episode Information

Episode UID
355361890496
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
35536189 hash
Start Date
April 2, 1841
Location
Bangor, Maine (44.801, -68.778)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
223375243cd8aa18

Response Measures

None

Events (2)
1. April 2, 1841 Suspension
Cause
Voluntary Liquidation
Cause Details
Charter surrendered and accepted by legislature (bank ceased operations via surrender of charter)
Newspaper Excerpt
Act accepting the surrender of the charter of the Lafayette Bank, Cangor. Passed to enacted
Source
newspapers
2. September 30, 1842 Suspension
Cause
Voluntary Liquidation
Cause Details
Newspaper listing indicates the Lafayette/Lafavette Bank of Bangor had surrendered its charter (reported as charter surrendered)
Newspaper Excerpt
Lafavette Bank, Bangor charter surrrendered 3 a 3 4
Source
newspapers

Newspaper Articles (3)
1. April 8, 1841 Lincoln Telegraph Bath, ME
Article from Lincoln Telegraph, April 8, 1841

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Article Text

in This would give a population of about 4500 in Aroostock. In a sparse population, this mav not be an accurate rule, but it will be found pretty nearly correct, when we consider the number of soldiers at Fort Fairfield and other places in the County. Mr S. Cary read from the Constitution and replied to Mr Otis. He contended that the clause of the Constitution excluding soldiers, has exclusive reference to Electors, and not to apportionment of Representation. is Mr White advocated the motion to recommit. He felt 11 great interest in the pioneers, and was disposed to go to the utmost limits the Constitution will admit to give them their full share of representation. On motion of Mr D. Dunn, the yeas and nays were ordered, and the motion was rejected by the following vote yeas 79, nays 94. The amendments of the Senate were then taken un. The amendment changing the limits of the 7th and 8th Senatorial districts (Hancock and Wash. ington) was concurred in. Mr Hinckley moved that when the House ad. journ, it adjourn to meet at half past two this afternoon, which was agreed to. Bill additional to establish Maine, New Hampshire and Masazehusetts Railroad Corporation was read twice and to-morrow assigned On motion of Mr J. Otis, the House adjourned HOUSE AFTERNOON The Apportionment resolves were taken up, the question being on concurring with the Senate in amending the resolves so as to give Acton and North Berwick a separate representation. The House concurred in the amendment, year 95 -nays 74. The next amendment varied the apportionment in Lincoln County. Mr Andrews oposed the amendment, because it gives towns separate representation which have not asked for it. He called for information. Mr E. Otis said the amendment was fairer than the report of the committee, and he preferred it for that reason. The amendment was concurred in without dis. sent-as was also the amendment changing the clas Egification of Brooks, Swanville, Monroe and Jackson. Amendments in Hancock and Washington Counties as were also the amendment inserting Riley in the Bethel and Newry district in Oxford. The only remaining amendments related to the title of resolves. They were also agreed to. In SENATE, THURSDAY, April 1. Reference to next Legislature-Petition of the (inhabitants of Waldo Plantation; petition of inhabi tanta of Madrid The Senate reconsidered its vote passing to be (engrossed a hill to establish a Free Ferry in Augus ta. In the HOUSE, Mr Morse, by leave, introduced bill authorizing the- inhabitants of Bath to erect Bridge over New Meadows River and to raise money therefor. Bill concerning Banks and Banking was read an to-morrow assigned. Mr Washburn. from the conferees on the County Officer bill, reported recommendation to the House to recede and coneur with the Senate. The report was laid on the table. Mr Washburn moved to recede and concur-lost 72 to 79. The motion to adhere then prevailed-yeas 95 @nays 54. Resolves apportioning Senators and Represent Statives for the State came up on their final passage. Mi Dunn of Poland called the yeas and nays which were ordered. The question was then taken, and the bill passed to be enacted,-year 93, mays 70. Bill additional to establish the Maine, New Hampshire and Massachusetts Rail Road Corporation was taken up, and the amendment of the Senate depopted. After some explanations from Mr Paine, it was passed to be engrossed. In SENATE, FRIDAY, April 2. A bi!I to prevent wagering on Elections was called up and debated by Messrs Burbank, Daveis, (Sewall, Lane and Hammons. The bill was pass. ged to be Passed engrossed. be engrossed-An to Act to prevent betting or on extend the time the Kennebee of locating wagering and constructing elections--to and Portland Rail-road-an Act accepting the surrender of the charter of the Lafayette Bank, Cangor. Passed to enacted-) Bills to establish the Maine, Massachusetts and New Hampshire Rail-road Corporation In the HOUSE, Leave of absence was granted to Hessrs. Paine and Cotter, from and after Saturday, and to Messrs. Clements and I. K Kimball from and after Monday. Bill introduced by Mr. Morse of Bath, authorizing the town of Bath to build a bridge across New Meadows river and raise money for the same, was read twice and to-morrow assigned. Mr. Mathews moved to reconsider the vote assigning Saturday for the second reading of the 1001 was was by advocated introduced by Mr. and by Mathews, Mr. D. Morse. and and The motion opposed Messrs. Morse Denn, negatived.

2. September 30, 1842 The Spirit of the Age Woodstock, VT
Article from The Spirit of the Age, September 30, 1842

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Article Text

MAINE. Agricultural Bank, Brewer in hands of receivers 80 a 90 ct. dis. Bangor Commercial Bank, Bangor charter surrendered 3 a 4 Bath Bank redeemed charter expired Castine Bank worthless Citizen's Bank, Augusta. (new plate) charter anulled do Calis Bank 10 a 10 a City Bank. Portland charter surrendered do Damariscotta Bank worthless Frankfort Bank, Frankfort do do do Globe Bank, Bangor do do Georgia Lumber Co. Portland do Hallowell and Augusta Kenebeck Bank do Kennebunk Bank do Lafavette Bank, Bangor charter surrrendered 3 a 3 4 Mercantile Bank, Bangor Oldtown Bank worthless Fraud Oxford Bank. Fryburg do do Passamaquoddy Bank charter surrendered do People's Bank Stillwater Canal, A1 Orono In hands of receivers do Saco Bank redeemed by Trustees at Saco St. Croix, Calis 15 (1 Washington county, Calis worthless charter surrendered Waterville Bank redeemed (closed) 2a Westbrook Bank, Westbrook Wiscasset Bank worthless NEW HAMPSHIRE. Concord Bank 2 a worthless Hillsborough Bank New Hampshire, Portsmouth, charter redeemed expired worthless Woolfborgin Bank VERMONT. Agricultural Bank, Troy Frued no such Bank authorised a 80 Bennington Bank. Bennington fraud Comercial Bank of Vermont no such Bank authorised worthless Essex, Guildhall fraud do Green Mountain Bank fraud do Jefferson, County Bank 2a 3 St. Albans Bank MASSACHUSETTS. redeemed Amherst Bank. charter surrendered Berkshire Bank worthless 80 90 Chelsen Bank. Chelsen 75 80 Commonwealth Bank, Boston East Bridgwater Bank redeemed charter surrendered worthless Essex Bank, Salem do Farmers' and Mechanics', 8. Adams do Farmers' Bank, Helchertown Franklin Bank. Boston do do Fulton, or Wimnisimmet Bank. Boston do Hampshire Bank. Northampton do Lafayette Bank, Boston closed Mendon Bank do 2 a Middlexex Bank. Cambridge redeemed 15 20 Middling Interest Bank, Boston Nahant Bank. Lvnn a 90 75a Neburyport Bank redeemed Norfolk Bank, Roxbury worthless Phoenix Bank. Nantucket do Roxbury Bank charter annulled Sutton Bank do Wisthrop Bank, gone into liquidation redeemed RHODE ISLAND. Burrillville Bank worthless fraud do Eagle Bank. Newport do Farmers' Bank 75 80 Farmers' and Mechanics' Bank worthless Franklin Bank. Providence fraud closed redeemed Mount Hope Bank a 10 Puscoag Bank CONNECTICUT. worthless Bridgeport Manufacturing Co. fraud do Derby Bank, do Eagle Bank a 50 Housatonic Railroad Co. NEW YORK. 1-8a14 New York City Old Safety Fund, good Banks do a 2 New do Red Back. uncertain 65 United States Bank Bills, old and new 10 a 12 1-2 Novia Scotia Bills 7 9 New Brunswick Bills EXCHANGE. Drafts on New York par n 1-10 premium " 1.4 Albany Philadeiphia par 1-10 dis Baltimore par a 1-10 Norfolk 13.4 a 2 13.4 a 2 Bichmond 1 1.2a 2 Charlestown 2 a 3 Savannah 4 a 5 Augusta, Gs. nominal " 10 Mobile+ 6 a 7 New Orleans 16 a 17 Nashville a 20 St. Louis 4 a 5 Cinemanti

3. February 3, 1843 The Spirit of the Age Woodstock, VT
Article from The Spirit of the Age, February 3, 1843

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Article Text

MAINE. Agricultural Bank, Brewer in hands of receivers 80 a 90 CL. dis Bangor Commer ial Bank, Bangor charter surrendered 3a 4 Bath Bank worthless charter expired Citizen's Bank, Augusta, (new plate) charter anulted do Calis Bank 7a8 10 a 15 City Bank, Portland charter surrendered Damariscotta Bank do worthless do Frankfort Bank, Frankfort do do do Globe Bank, Bangor do Georgia Lumber Co. Portland do Hallowell and Augusta Kenebeck Bank do Kennebank Bank do Lafayette Bank, Bangor 3 4 charter surrrendered 3 a 4 Mercantile Bank, Bangor Oldtown Bank worthless do Fraud Oxford Bank, Fryburg do Passamaquodily Bank do People's Bank charter surrendered Stillwater Canal, at Orono In hands of receivers do Saco Bank redeemed by Trustees at Saco 25 a St. Croix, Calise harter surrendered Washington county, Calis charter surrendered worthless redeemed Waterville Bank (closed) 2 13 Westbrook Bank, Westbrook Hiscasset Bank worthless NEW HAMPSHIRE. Concord Bank 2n 3 worthless Hill-borough Bank New Hampshire, Portsmouth, charter redeemed expired worthlbas Woolfborugh Bank VERMONT. Fraud Agricultural Bank, Troy no such Bank authorised a Bennington Bank, Bennington fraud Comercial Bank of Vermont no such Bank authorised worthless Essex, Goldhall fraud Green Mountain Bank do do Jefferson. County Bank fraud St. Albans Bank 11 a 12 MASSACHUSETTS. redeemed Amherst Bank, charter surrendered Berkshire Bank worthless Chelsea Bank, Chelsea 80 90 Commonwealth Bank, Boston 75 80 East Bridgwater Bank charter surrendered redeemed Essex Bank, Salem worthless Farmers' and Mcclamies', S. Adains do Farmers' Bank, Betchertown do Franklin Bank. Boston do do Falton, or Wimmisimmet Bank, Boston do Humpshire Bank, Northampton do Lafayette Bank, Boston closed Mendon Bank redeemed Middlesex Bank. Cambridge redeemed 2 a 15 a Middling Interest Bank, Boston Nature Bank Lvnn 80 a 90 67 a 70 Neburyport Bank redeemed Nortolk Bank, Rosbury Phienix Bank, Nantucket worthless do Roxbury Bank charter annulled Mutter Bank Md Winthrop Bank, gone intelliguidation redeemed RHODE ISLAND. Burrillville Bank worthless fraud do Dagle Bank, Newport Partners' Bank do Parmers' and Mechanics' Bank 75 a 80 worthless Franklin Bank. Providence fraud closed redeemed Mount Hope Bank 5 7 Pascoug Bank CONNECTICUT. worthless Bridgeport Manufacturing Co. fraud do Derby Bank, do Eagle Bank Housatonic Railroad Co. 23 a 30 NEW YORK. New York City 1-8a1-4 1g 1 1-4 Old Safety Fund, good Banks do New do Red Back. uncertain a 2 55a60 United States Bank Bills, old and new Novem Scotia Bills 10, 12 1-3 New Breaswick Bills 7 9 6 it Upper Canada Lower de 4 5