Freedman's Savings & Trust Company (mobile Branch) (Mobile, AL)

Episode Information

Episode UID
5244878690829
Episode Type
Run → Suspension → Unsure
Bank Type
federal
Bank ID
524487869 hash
Start Date
January 1, 1869*
Location
Mobile, Alabama (30.694, -88.043)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
9187b3e1e4f0092b

Response Measures

None

Description

Articles refer to the institution as the National Freedmen's Bank (name variant). Reopening not reported in these clippings.

Events (2)

1. January 1, 1869* Run
Cause Details
A circus visit to Mobile prompted depositor panic and heavy withdrawals
Newspaper Excerpt
A circus visited that city, and the depositors at once began a run on the bank
Source
newspapers
2. January 13, 1869 Suspension
Cause Details
Suspension followed a depositor run reportedly triggered by the circus-caused panic
Newspaper Excerpt
The National Freedmen's Bank, at Mobile, has suspended.
Source
newspapers

Newspaper Articles (4)

Article from The Daily Phoenix, January 13, 1869

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Article Text

The "National Freedmen's Bank," at Mobile, has suspended. A circus visited that city, and the depositors at once began a "run" on the bank, according to the Mobile Register. A Boston paper remarks: "Many people are moving from New England to the South, to avoid the insecurity of life and property in this section." The Governor has appointed Charles J. Stolbrand Superintendent of the State Penitentiary in place of Maj. Lee. A Savannah jeweler, named Gros Claude, shot himself, accidentally, on Saturday, and died instantly.


Article from Wyoming Democrat, January 20, 1869

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Article Text

CURRENT NEWS. Smoking has been prohibited in the negro churches in Louisville. VIRGINIA has had thirty-three hundred cases under the bankrupt law thus far. To dispel darkness from about you, make light of your troubles. ONE of the jury which tried Aaron Burr for treason is still living at Chillicothe, Ohio. The cultivation of olive trees is becoming extensive in California. In honor of the birth of the first born "catnip weddings" have been invented. A METHOD of extracting the indigo from second-hand postage stamps has been patented in England. The report of our general land office is to be printed in several languages and distributed in Europe to induce emigration. Some 192,640 Englishmen get fighting drunk every year, according to the court records. It is estimated that not one-eight of the people of the United States attend public worship on Sunday. It cost $40,000 last year for "pasting and folding" in the Pennsylvania State Legislature. John C. Breckinridge intends to return to Kentucky, and seek a livelihood by practicing his professions, the law. Gen. Sheridan's commissary feeds his Indian prisoners on roast horse and dog fricassee. Minnesota thinks it would be a "big thing" that it can raise four hundred bushels of potatoes to the acre, if it did not also raise bugs enough to eat them. The person sent East with the electoral vote of California was quite well when he boarded the steamship, at San Francisco, but died of small-pox before reaching Panama. Divorce has gone out of style in Chicago. But they still have plenty of "family dismemberment," "domestic segregation," and "connubial subtraction." Bets are already being made about the length of General Grant's inaugural message. It is said that it will be the shortest ever delivered. A Florida correspondent says they have great trouble in trying cases before the mixed white and black juries in that State because "the jurymen will go to sleep." The "National Freedman's Bank," at Mobile, has suspended. A circus visited that city, and the depositors at once began a "run" on the bank, according to the Mobile Register. A Respectable old grocer died last month and left £15,00 to Charles Dickens, on condition that he will read his "Trial from Pickwick" in the presence of the grocer's family once a year till he dies. An Irishman (of course) who had blistered his fingers by endeavoring to draw on a pair of new boots, exclaimed;—"By St. Patrick! I believe I shall never get them on until I wear them a day or two." "Jemmie," said an Irishman to another the first time he saw a locomotive, "What is that snorting baste?" "Sure, I don't know" was the reply, "unless it is a steamboat splurging along to get to wather." Rumors are current in Mexico of an impending revolution. The people are disgusted with the administration of Juarez. They are also incensed against the United States, and clamor for another war. Henry Kurtz, Esq., of Mt. Joy, who has been noted for his fine cattle, has just received another addition to his already large stock, in the shape of an ox which weighs in the neighborhood of 4,000 pounds. A Large onion, planted so near a rosebush as to touch the roots, will greatly increase the odor of the flowers, and the water distilled from such roses is far superior in flavor to other rose-water. So says a Massachusetts contemporary. A Man killing hogs, became vexed, and venting his spleen, wished they were in ——. "Oh, dear me, what can he mean?" exclaimed a little girl, who overheard him. "Mean! I suppose the awful wretch wants his provisions sent on before him." An aged lady in Fond du Lac, Wisconsin, possesses a watch belonging to Major Andre, with the name and 1774 engraved on the back. The Fond du Lac Commonwealth says she is anxious to dispose of it. Here is a chance for some historical society to add to its treasures. Wild Rabbits have become so plentiful in Australia as to threaten to starve out sheep on the remote farms. The animal was only introduced two years ago by the Acclimatization Society, and now the settlers are offering rewards for their extermination. One farmer estimates that it will cost him $50,000 before he can succeed in thinning out the vermin, as the rabbits are considered


Article from The Fairfield Herald, January 20, 1869

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Article Text

A BRAY FROM AS(S) WALLACE—COLONEL SIMPSON'S SEAT CONTESTED.—A. S. Wallace, of York, defeated candidate for the Fourth Congressional District, has furnished Col. Simpson, who holds a certificate and commission, with a notice and grounds of "contest." The document is most formidable in volume, and charges a fearful array of enormities upon the good Democrats of the Fourth District. We hope soon to be able to give choice extracts, but not the entire bill of particulars.—Laurensville Herald. A darkey in Natchez was boasting to a grocer of the cheapness of ten pounds of sugar he had bought of a rival grocer.—"Let me weigh the package," said the grocer. The darkey assented and it was found two pounds short. The colored gentleman looked perplexed for a moment, and then said, "Guess he didn't cheat dis chile much, for while he was gittin' de sugar I stole two pair of shoes." A Virginia negro, according to an exchange, on hearing that Congress was going to give lands to the darkies, said: "Land! de debbil! I'se free now, and don't want no land, I'se gwine to git wurms and go a fishing." The "National Freedmen's Bank," at Mobile, has suspended. Dan Castello's circus visited that city a few days ago, and the depositors at once began a "run" on the bank, according to the Register.


Article from Owyhee Semi-Weekly Tidal Wave, February 16, 1869

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Article Text

The National Freedmen's Bank at Mobile has suspended. A circus visited that city, and the depositers at once began a "run" on the bank, according to the Mobile Register.