Article Text
Must Wind Up Their Bank. PROVIDENCE, Oct. 27.-The suspended Merchants' bank officials were scored by the supreme court and were ordered to wind up the affairs of the concern. The petition for a receiver was denied.
Merchants Bank (Providence, RI)
Episode Information
- Episode UID
5861140291126- Episode Type
- Suspension → Closure
- Bank Type
- state
- Bank ID
-
586114029hash - Start Date
- October 27, 1893
- Location
- Providence, Rhode Island (41.824, -71.413)
Metadata
- Model
- gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
- Short Digest
97e0c269700e7413
Response Measures
None
Description
Articles indicate the bank was suspended and being wound up/liquidated rather than reopened; no receiver appointed.
Events (2)
1.
October 27, 1893
Suspension
- Cause
- Voluntary Liquidation
- Cause Details
- Officials ordered to wind up affairs; petition for receiver denied and bank in liquidation.
- Newspaper Excerpt
- Must Wind Up Their Bank. PROVIDENCE, Oct. 27.-The suspended Merchants' bank officials were scored by the supreme court and were ordered to wind up the affairs of the concern. The petition for a receiver was denied.
- Source
- newspapers
2.
March 27, 1895
Other
- Newspaper Excerpt
- Won't Ask For Receiver. PROVIDENCE, March 27.-The depositors of the Merchants' bank yesterday considered the advisability of asking for the appointment of a receiver. After a long discussion it was voted to continue the present scheme of liquidation and not ask for a receiver.
- Source
- newspapers
Newspaper Articles (3)
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Article Text
Won't Ask For Receiver. PROVIDENCE, March 27.-The depositors of the Merchants' bank yesterday considered the advisability of asking for the appointment of a receiver. After a long discussion it was voted to continue the present scheme of liquidation and not ask for a receiver.
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Article Text
Will Stick to Present Plan. PROVIDENCE, March 27.-The depositors of the Merchants' bank yesterday considered the advisability of asking for the appointment of a receiver. After a long discussion it was voted to continue the present scheme of liquidation and not ask for a receiver.