Hampshire Savings Bank (Northampton, MA)

Episode Information

Episode UID
562408891181
Episode Type
Suspension โ†’ Closure
Bank Type
savings
Bank ID
56240889 hash
Start Date
May 1, 1898*
Location
Northampton, Massachusetts (42.325, -72.641)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
ffec44342696b407

Response Measures

None

Description

Failure caused by large embezzlement by the treasurer; receivers appointed in May 1898.

Events (5)

1. May 1, 1898* Receivership
Newspaper Excerpt
temporary receivers of the Hampshire Savings bank of Northampton have given out a statement ... defalcation of Treasurer Lewis Warner amounts to $400,000; receivers were appointed in May, 1898
Source
newspapers
2. May 1, 1898* Suspension
Cause
Bank Specific Adverse Info
Cause Details
Large defalcation by treasurer Lewis Warner (reported ~$400,000 taken from Hampshire Savings Bank).
Newspaper Excerpt
The receivers were appointed in May, 1898, about a month after the bank was wrecked by Lewis Warner
Source
newspapers
3. December 9, 1898 Other
Newspaper Excerpt
Receivers Irwin and Cook of the Hampshire Savings Bank of Northampton ... petitioning the court for permission to pay a 40 per cent. dividend before Christmas.
Source
newspapers
4. July 1, 1899 Other
Newspaper Excerpt
The receivers have about $400,000 in their hands. They expect to pay another dividend of 10 per cent.
Source
newspapers
5. April 3, 1900 Other
Newspaper Excerpt
Receivers for the Hampshire Savings Bank ... began payment of the third and final dividend ... this last disbursement being 14 1-10 per cent., or about $250,000.
Source
newspapers

Newspaper Articles (9)

Article from Kansas City Journal, July 19, 1898

Click image to open full size in new tab

Article Text

He Stole $640,000. SPRINGFIED, MASS.. July 18.-The temporary receivers of the Hampshire Savings bank of Northampton have given out a statement to the effect that the defalcation of Treasurer Lewis Warner amounts to $400,000. With the $240,000 which Bank Examiner Ewer estimates were taken from the Hampshire County National bank, Warner's peculations amount in the aggregate to $640,000.


Article from The Portland Daily Press, July 19, 1898

Click image to open full size in new tab

Article Text

WHAT A SMART MAN DID. Springfield, Mass., July 18.-The temporary receivers of the Hampshire Savings bank of Northampton have given out a statement to the effect that the defalcation of treasuer Lewis Warner amounts to $400,000. With the $240,000 which Bank Commissioner Ewer esti-


Article from The Copper Country Evening News, July 20, 1898

Click image to open full size in new tab

Article Text

Warner Is a Colossal Thief. Springfield, Mass., July 20.-The temporary receivers of the Hampshire Savings bank of Northampton have given a statement to the effect that the defalcations of Treasurer Lewis Warner amounts to $400,000. With the $240,000 which Bank Examiner Ewer estimates were taken from the Hampshire County National bank, Warner's peculations amount in the aggregate to $840,000.


Article from River Falls Journal, July 21, 1898

Click image to open full size in new tab

Article Text

A Heavy Defalcation. Springfield, Mass. July 19.-The temporary receivers of the Hampshire savings bank of Northampton have given out a statement to the effect that the defalcation of Treasurer Lewis Warner amounts to $400,000. With the $240,000 which Bank Examiner Ewer estimates were taken from the Hampshire County national bank, Warner's peculations amount in the aggregate to $640,000.


Article from The Owosso Times, July 22, 1898

Click image to open full size in new tab

Article Text

Warner Is a Colossal Thief. Springfield, Mass., July 20.-The temporary receivers of the Hampshire Savings bank of Northampton have given a statement to the effect that the defalcations of Treasurer Lewis Warner amounts to $400,000. With the $240,000 which Bank Examiner Ewer estimates were taken from the Hampshire County National bank. Warner's peculations amount in the aggregate to $840,000.


Article from Daily Kennebec Journal, December 10, 1898

Click image to open full size in new tab

Article Text

A Pleasant Christmas Present. Springfield, Mass., Dec. 9.-Receivers Irwin and Cook of the Hampshire Savings Bank of Northampton, sprung a surprise on the depositors of the defunct institution, today. by petitioning the court for permission to pay a 40 per cent. dividend before Christmas.


Article from Daily Kennebec Journal, March 27, 1899

Click image to open full size in new tab

Article Text

Receivers R. W. Irwin and B. E. Cook of the Hampshire savings bank of Northampton, Mass., applied to Judge Hammond in the supreme court. Saturday, for leave to pay a dividend of 25 per cent. The court issued an order of notice returnable on April 17. The receivers have about $400,000 in their hands. They expect to pay another dividend of 10 per cent. some time in the near future. This is the bank which was wrecked by Lewis Warner.


Article from Daily Kennebec Journal, April 3, 1900

Click image to open full size in new tab

Article Text

Receivers for the Hampshire Savings Bank of Northampton, Mass., began payment of the third and final dividend, Monday, this last disbursement being 14 1-10 per cent., or about $250,000. The first dividend was of 40 per cent., or about $600.000. and the second dividend of 25 per cent., or $400,000. The receivers were appointed in May, 1898, about a month after the bank was wrecked by Lewis Warner, its treasurer. who was also president of the Hampshire County National Bank.


Article from St. Johnsbury Caledonian, April 4, 1900

Click image to open full size in new tab

Article Text

Disbursements of About $1.250 000. Northampton, Mass., April 3.-Receivers Cook and Irwin, for the Hampshire Savings bank, have begun payment of the third and final dividend, this last disbursement being about $250,000. About $600,000 was paid Jan. 1, 1899, and $400,000 was paid July 1, 1899. The receivers were appointed in May, 1898, about a month after the bank was wrecked by Lewis Warner, its treasurer, who was also president of the Hampshire County National bank.