Rutland Savings Bank (Rutland, VT)

Episode Information

Episode UID
58001571121
Episode Type
Run Only
Bank Type
savings
Bank ID
5800157 routing
Routing Number
58-0015
Start Date
May 29, 1893
Location
Rutland, Vermont (43.611, -72.973)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
fbca06213a1ada8f

Response Measures

None

Events (1)

1. May 29, 1893 Run
Cause
Local Banks
Cause Details
Run triggered by failure of the Vermont Investment and Guarantee Company and recent failures elsewhere that alarmed depositors.
Measures
All demands were met and paid in full; bank stated it was prepared for any emergency.
Newspaper Excerpt
There was a run on the Rutland Savings Bank...All depositors making demands were paid in full.
Source
newspapers

Newspaper Articles (11)

Article from Pawtucket Tribune, May 29, 1893

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Article Text

A Rutland Savings Bank In Trouble. BENNINGTON, Vt., May 29.-There was Sur on the old savings bank in Rutland Saturday. All depositors making demands were paid in full. The run is an outcome of the failure of the Vermont Investment and Guarantee company. The bank has about $2,700,000 in deposits. It has been reckoned as strong as any concern in the state.


Article from Daily Kennebec Journal, May 30, 1893

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Article Text

NEWS NUGGETS. Brought by the Wires From the North East South and West. run on the Rutland, Vt. Savings bank The was resumed Monday morning official report on the trial trip of at the 21 cruiser The New York places her speed knots. B. Cox, wool dealer. 568 said Atlan- to Frank Boston. has failed. He 18 nominal owe tic ave., about $60,000 and to have assets of $68,000. New Jenkins, the health officer at from Dr. Monday received a cablegram cholera York Dr. Nash at Hamburg, stating the has broken out there Smith says Edwin Booth passed morn- a Dr and was better Monday Saturday good night The reports of his relapse, ing. were greatly exagerated. been officially declared at to Ham have It has clerk who was supposed Sunday been burg suffering that a from diarrhar died night of Asiatic cholera. N. Ports Hardware Co., Fostoria, was The which ex-Secretary Foster 850,000; Ohio, has assigned. Liabilities terested assets in considerably more. his wife William Grabam and the Central Rev. walking to their home on were while track near Milner. Ga. Sunday I overtaken R. R. by a train and crushed to death Arrangements have been made steamers to ship gold by the mid-week 81,000. $2,500,000 York in addition to the sailing 000 from already New engaged for the Aller Tuesday Lackawanna Steel Company's 8125 north The at Seranton, Pa. was damaged works will I 000 mill by fire to Monday. shut down The for entire several months out of work. be Twelve obliged hundred hands will be thrown charges against Bishop Boacum Neb., Formal Catholic diocese of Lincoln, Satoll of the been forwarded to Mgr. incon have is charged with tyranny of the t petence, The bishop disobedience and violation Baltimore degree. f body of Charles S. Rogers. works presi it dent The of the Northwestern suicide cordage on the I St. Paul, has who been committed found in the Mississipp the n 19th inst., two and one-half miles below death. " river, bridge from which he leaped to his t of afternoon A. A. Zimmerman two Sunday New York Athletic Club, won the bicycle race# at Paris. He de at 500 the feated amateur Vogt, the Scotch champion, race defeat and in the 1000 metres of Ireland n metres, Ducross, the champion of t and ed both Dervel, the amateur champion France. schedules of G. A. Yates. N.Y. whole who The coal merchant, Rochester, The sole failed were filed Monday value recently total assets of the nominal total of e show actual value. 82.616.616; contingent $3,913,984, 82,757,040 $4,118. bilities, indebtedness, $1,361,823; total liabilities e f 863. There are at least ten thousand homeles Moor people in East Carroll, . and hungry West Carroll and Madison privations parish. to house, and the suffering and With Louisiana, undergoing are appalling. elevations. the In they exception are of a few small of the d whole the of the northeastern portion state is under water. f o The heaviest rainfall in many Mississippi years oc a throughout Tennessee. Saturday night a is t The whole country is to 1 curred Arkansas Sunday. and Louisiana done flooded the incalculable damage has been are out e All of the small streams rise in the h planters. banks and another big Francis and II Mississippi, of their Arkansas, St. y White rivers is expected. r, Guzman, the Nicaraguan minister that Dr. no official information States D has received desire the United country n. the Nicaraguans protectorate over that however, S. 8: to establish Guzman a is of the opinion. under Dr. will be the ultimate issue there of that such condition of affairs existing he saye the Nicaragua canal project, and te The connects the two countries, if the its y interests closely will be greatly enhanced e United States is given supremacy rs to night. at Roanoke, Ind., wife, Chris Saturday Haberkus murdered his 75 years then topher himself. Haberkus was a e killed his wife 70. She was a Catholic calling upon but to old. to Catholic women did call be be objected Two of the church women words d. her. after they had left some angry At mil and between the aged couple. Haberkum je passed while his wife was asleep. severed her night. her room and nearly to the bad and entered her body. He set fire his ay ee head then from killed himself by cutting his rs throat. the police court at Newbury port Albert Mills In Monday. Col. J. of the its Mass., with the embezzlement appear be charged Mills. did not put in an counsel he of A charges the ance Victoria capais was nor was issued he represented for Milla's embezzlement by arrent. A of he ve the warrant doubtful if any attempt will only 825, him outside the y, to it arrest is searched state to be made of Col. Mills was trac The residence as a matter of form. obtained. but no of Monday his whereabouts could be the great sire of trotting home race Dictator, died at Ashland. Ky. the & Son. of horses, Henry Clay MeDowell II. ful his owners. Lexington, of old age, Friday. bring by near foaled 30 years ago, and, Clars. by was Hambletonian. dam to Dax Rysdyk's Star. was a full brother 00 horap to beat Flora V ter, the Dictator was a #60 ol. American As s sire first wonderful Temple 48 a time. of race horses, having Juy progenitor in the list, including ly and daughters 2.10 trotting and 2.06 1.4 pacing Nancy ow Eye-See, He was also the sire of the dam of Hanks, 2.04. as he


Article from Waterbury Evening Democrat, May 30, 1893

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Run on the Ban k Resumed. RUTLAND, Vt., May 30.-The run on the Rutland Savings Bank has been resumed, and is assuming a more serious turn.


Article from The Roanoke Times, May 30, 1893

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Run on a Savings Bank. RUTLAND, Vt., May 29.-There - was a run on the Rutland Savings Bank, of this city, the first one in Vermont for many years. A few depositors, alarmed by the recent failures in the West, the failure of ex-Secretary Foster and the Vermont Investment Company, are drawing out their money. All demands are being met, as the institution is sound.


Article from Pawtucket Tribune, May 31, 1893

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Rutland's Savings Bank Flurry. RUTLAND, Vt., May 81.-While the run on the Rutland Savings bank is ended, there is some anxiety as to the result after a holiday. The total amount drawn out during the scare foots up $88,000. The bank deposits amount to $8,800,000.


Article from The Providence News, May 31, 1893

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The Rutland Bank. RUTLAND, Vt. May 31.-While the run on Rutland Savings bank has ended there Is some anxiety as to the result after a holiday. The total amount drawn was $83,000. The bank deposits amount to $2,800,000.


Article from The Sun, June 1, 1893

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RUN ON A BANK. Rutland, Vt., May 30.-The run on the Rutland Savings bank has been resumed and is assuming a more serious turn. When the door were opened at 9 o'clock a number of persons were waiting, and the number has been considerably increased sinco, The bank is prepared for any emergency.


Article from The Princeton Union, June 1, 1893

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RUN ON A BANK. Rutland, Vt., May 30.-The run on the Rutland Savings bank has been resumed and } is assuming a more serious turn. When the door; were opened at 9 o'clock a number of persons were waiting, and the number has been considerably increased since. The bank is prepared for any emergency.


Article from The Stark County Democrat, June 1, 1893

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Article Text

Run on a Vermont Bank. RUTLAND, Vt., May 29.-Over $25,000 was drawn out of the Rutland Savings bank, a run having been made on the bank, the result of a rumor started of the failure of the Vermont Investment company. The bank has plenty of capital and the directors are not at all wor ried over the outlook.


Article from Middlebury Register, June 2, 1893

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Article Text

he Orwell failures had the result of sing a run upon the Rutland savings k. It began on Friday and continued ough Monday. About $83,000 was wn out. The bank is by all accounts of the strongest in the State, and re appears not to have been the slightreason for the run upon it. The fooldepositors who got scared lost a conerable amount of interest and are bably wondering what on earth they 11 do with their money now that they e it.


Article from The Dickinson Press, June 3, 1893

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Article Text

RUN ON A BANK. Rutland, Vt., May 30.--The run on the Rutland Savings bank has been resumed and is assuming a more serious turn. When the door were opened at 9 o'clock a number of persons were waiting, and the number has been considerably increased since. The bank is prepared for any emergency